Business

Upcoming FTAs will be a win-win situation

Initially approved at Rs16.1b, it will now cost Rs24.6b

Finance minister to announce details of the deal today

Fresh amendments could be proposed in the final draft of the ‘Income Tax (Amendment) Ordinance 2016

It came under pressure following heavy debt repayments to the International Monetary Fund

“Due to the efforts of laborer, our industries are not only functioning,” says Anisa Zeb Tahirkheli

These violations, among others, comprise failure to comply with legal provisions

Benchmark KSE 100-share Index rises 129.49 points

The increase in earnings came on the back of 8% year-on-year (YoY) increase in revenue

Delegation says Pakistani furniture has great demand in international markets

Also stresses on capacity building of farmers, improving cereal crop production

Censures malicious campaign against project aimed at political point scoring

Despite assurances given to IMF govt fails to take meaningful steps to resolve problem

Says membership of SCO will provide Pakistan access to larger export market

Amount was given as incentive for early completion, deadline will now be missed

Both sides also agree to negotiate on the 600MW Jamshoro gas-powered plant upgrade

Sell-off of 40% stake would channel in private foreign funding besides improving PSX operations, says analyst

The firm makes biopharmaceutical drugs for major firms including Bristol-Myers Squibb and Roche

Relaunch comes after a high-profile bankruptcy by Fisker Automotive

Sector bigwigs share doubts and uncertainties at conference

Interests of local business community will be looked after

First Iranian bank branch will open in Karachi soon

PCJCCI President Wang says talks under way for possible repositioning

Benchmark KSE 100-share Index rises 137.66 points

Pakistan has enjoyed duty-free access to UK since January 2014

ABAD official says this move means housing bank will now cater only to Katchi Abadi residents

Administrators had termed newly-notified rates as being too high

Delay in completion of CPEC projects will be an impediment

Traders took the report as a sign the world's top economy is getting back on track

New coins will reach people in two weeks

Says country in need of critical energy, water supplies

Core inflation goes up 4.8%, the highest level in one and a half year

Aspiring investors will submit sealed bids by October 21

Gas theft, leakages drop from 11.13% in July 2015 to 9.14% in June 2016

Benchmark KSE 100-share Index rises 444.50 points

Tariff goes up Rs0.05 per unit for power consumed in May

Govt releases Rs110.4b in first quarter, which is mere 13.8% of annual allocation

Shanghai Stock Exchange did not respond to a request for comment

Collective society has the ability to respond to varying challenges

There is need for a central supra body to take diverse ministries on board, speed up implementation for progress

Businesses face regulatory and administrative barriers to entry

Increased influx of job seeking rural migrants is causing informal sector to grow

Government fails to realise consequences of accumulating liability

Claiming to secure better revenues, the government has failed in promoting exports, agriculture, industry

The objective of TPC is to provide centralised service and back office support to branches

PRAL had developed a ‘Weboc’ (Web base done customs) for the convenience of exporters

Nadeem Hussain said that socially sustainable enterprises in Pakistan still need strengthening of the eco-system

Finishes at 40,542 points with turnover registering notable increase.

Fine on selling toxic debt will be $5.4b against earlier $14b

Move would raise economic profile of China, prove its improved stewardship