Business

First consignment of 2.9 tons sold out within few hours of reaching stores.

Sponsors say 10MW plant will serve as a pioneering solar IPP.

Major increase witnessed in telecommunication sector, shows SBP data.

Hong Kong-based airline to suspend flights to Pakistan from this month .

Lender concerned about delay in NEPRA’s restructuring and PIA privatisation.

Provincial government will provide security and protection to the foreign investors.

Existing life-time tax on motorcycles is Rs1,000, which the government has now proposed to be increased to Rs1,500.

Cites losing confidence in country due to lack of facilities.

Newly-announced taxi scheme could lift earnings by 13% to 20%.

Will produce 30 mmcfd of gas, 3,300 barrels of condensate.

Takes back Rs75b in concessions, which is Rs28b lower than announced in budget.

Govt has proposed change in income tax on their flying allowance.

Government releases amount as part of restructuring package.

Benchmark KSE-100 index falls 79.82 points.

Topline Securities report states stock market could touch 33,000 by December.

Can play a bigger role if Islamic banking is considered a strategic sector in growth strategy.

Govt wants to fend off risk of poor quality fruit shipments.

Purchases 1,036 acres of land to establish a textile park.

Ensure power supply, reform tax system and abolish subsidies.

Govt showing improved economic performance by fudging key indicators.

Emirati carrier looking to buy 49% of Italian airline.

Amounted to $1.6 billion during 10MFY14.

The union urged the Sindh government to study the Punjab model of growth.

Asian powerhouse shifts focus from investment in raw material.

Annual Plan blames poor planning, monitoring and evaluation.

Company to aid in fast-tracking work on 1,100MW Karachi coastal power project.

Massive inflows in form of foreign loans to be the reason.

Privatisation of UBL kept investors upbeat despite chaos in Karachi.

There is mass potential for the use of wind turbines to generate electricity.

Annual tax on vehicles of 1,300cc and above doubled.

Allocation 52% more than that provided in outgoing year.

Experts warn 25% increase may prove to be negligible .

Provincial CM makes it a point to mention cess in budget speech.

In absence of resource mobilisation, province resorts to indirect taxation.

Customers can now deposit, transfer funds through Easypaisa service.

First meeting of committee to review possibility of reverting to old system takes place.

Qatar insists Heads of Agreement is binding, Pakistan refuses to accept.

Benchmark KSE-100 index falls 35.52 points.

Olson further assures Dar that the US would continue to maintain partnership with Pakistan.

The central bank’s foreign exchange reserves decreased $70 million to $8,613 million.

Agriculture university official calls for increasing production.

Bosnia may serve as gateway to other smaller states, says ambassador.

All commercial connections will need NTN.

Benchmark KSE-100 index falls 16.92 points.

Asks govt to review taking back zero-rating tax facility.

Intends to re-invite bids as earlier offers are much lower than desired.

First privatisation transaction concludes in eight years.

Retail sector points out flaws in new proposal to collect taxes.

Ministry of Finance expected to release Rs25b in a couple of days.

The move comes after Apple bought Beats Music to boost its streaming service and compete with Spotify and Pandora.