Business

Owner of MR Securities disappeared several days ago with cash and shares worth millions of rupees

Centre seeks support of provinces to amend NEPRA Act

Country achieves major milestone towards becoming ‘Digital Pakistan’

They will finalise terms of agreement in a couple of months

Facility also meant to counter terror financing

It is currently supplying 130MW, can increase to 3,000MW

Inflow comes down to $434.2m compared with $463.4m in January 2016

Benchmark KSE 100-share Index gains 16.93 points

Aim is to reduce global oil glut that has depressed prices

During first half of this fiscal year, the federal government borrowed $4.1 billion from the foreign lenders

Sector reacts after proposal to ban feed imports in Punjab Assembly

Delegation arrives to study Pakistan’s market, find opportunities

System is expected to commence commercial operations by first quarter of 2019

MCCI says state is the key borrower that hurts lending to private sector

Also, the reserves held with banks other than SBP dropped $27.6 million to $4.81 billion during the week

Of the total, power producers owe Rs246.7b for fuel supplies

Exports in the first seven months are less than half of the annual target

Benchmark KSE 100-share Index gains 33.19 points

Argues regulator has cleared K-Electric despite Rs62b excess collection

US financial magazine advises investors that Pakistan, Sri Lanka and Bangladesh are set for higher growth

The standard covers the appointment and optimal composition of sharia boards, fit and proper criteria of scholars

Finance ministry slowed payments of subsidies and other financial obligations following the expiry of IMF programme

The jury comprising established professionals judged the top 12 finalists in four categories

Earnings increase 52% during Oct-Dec, results above expectations

New entrants encouraged by sector’s significant growth, relaxed conditions 

Iqbal says management is displaying unprofessional approach in turning around the national carrier

Company official says 1,000cc Celerio will also be launched this year

Says conversion to gas will save billions, enhance capacity

Privatization Division says state’s earnings will take hit if investor interest is not taken care of

Decision delayed by a year, comes in response to a court order

Decision comes after industry complained dumping was causing material injury to domestic players

PIA has already shortlisted the aircraft offered against a recent tender for wet lease

Central bank partially lifted limits for certain accounts earlier this month

Earnings per share decline to Rs6.98 in 2016 compared with EPS of Rs11.14 in 2015

Benchmark KSE 100-share Index gains 15.57 points

Will grow to move up 8 places, China to remain on top among 32 largest economies

Watchdog alleges deceptive marketing practices, thus violating Section 10 of Competition Act, 2010

Adviser says complaints are addressed in 60 days free of charge

Insists no excessive tariff has been charged from the power consumers

SNGPL GM assures to resolve issues

Qatar Petroleum joins consortium to complete project

Ignores findings of a probe into allegations of corruption in the mega project

Benchmark KSE 100-share Index gains 229.35 points

Project will provide vulnerable people with increased access to electricity

They stand below $3tr, analysts fear yuan devaluation

Will invest heavily in constructing a new network of roads

Petroleum minister says local administration and police also involved 

Decision to outsource is according to recommendations of regulator

Presses govt to set up cottage industry village

Banks asked to give soft loans to farmers to promote new technology