Business

Cabinet’s key committee will have nine regular members

Sany Group along with PBIT is reviewing potential sites for wind mills

ADB is providing technical assistance to Balochistan for the feasibility study of water resources development projects

It stated that there was no reason to believe that any illegal act was committed by PSM directors

However, International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Dealers are required to show NTN before getting the facility

Says there is no country in the world other than China that wants to see a stronger, stable and developed Pakistan

Discounts in the appliances segment hurt profit margins

Increasing gap suggests external sector challenges will persist in new fiscal year

Country is expected to produce 12.6 million bales in 2017

In previous year, inflows dropped 3% to $19.3 billion

New index would be implemented with effect from Tuesday

Says decision on new tariff critical for the 900MW project

Industry sells 19,577 units, up 41% year-on-year

Move aimed at addressing concerns of domestic businesses

Decrease due to external debt servicing and other official payments

Aftershocks of Panama case verdict hurt investor confidence

However, International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Appreciates fall in raw material exports, higher value addition

FPCCI president highlighted agriculture as a high-potential sector for foreign investors

Concerns over power tariffs have not been addressed despite repeated demands

Cotton growers have highlighted a 10% growth in imports during fiscal year 2015-16 compared to FY15

Reject finance minister’s call for a probe into the commodity’s price

Visits potential project site in Kohat district

Increase comes on back of higher self-generation with lower fuel, finance costs

PCMA suggests joint ventures with Chinese in chemical manufacturing

Official says maximum benefit should be gained from GSP Plus

Parks development company seeks additional 156 acres at a cost lower than market rates

Imported gas-based plants will replace inefficient thermal power stations

Investors turn to traditional safe-havens like gold, Japanese yen, bonds

Benchmark index gains 19.11 points, closes at 45,998.81

May invest $60m, need seven hectares of land for plant construction

Company declares Rs15 per share cash dividend, stock price hits upper limit

The PM stressed the need for adopting pro-active measures to increase the quantum of bilateral trade

It wants to determine whether the money invested in the bonds actually flew from Pakistan

Body ready to work with new minister for achieving high growth

Officials say stakeholders have not been taken on board

PARC Zafar apprised members of main objectives of the committee in the eighth meeting

Khattak asked the FWO to give a timeline for the completion of construction work

Islamabad also offers Beijing investment opportunity in LNG pipeline

Ukrainian envoy talks about improving tourism cooperation

Plant, with production capacity of 330MW, will run on Thar coal

The currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions

Benchmark KSE-100 index loses 485.96 points as investors stay sidelined

Expo drew large number of people, including Chicago-based Pakistani-American business community

However, International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

'LPG plant would significantly reduce the consumption of forest wood'

Official says reservations of businessmen should be removed to ensure progress

Officials expect new commerce minister to work towards export promotion

Company needs Rs14b for setting up 30 plants in Sindh, Balochistan