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Altered trade route strikes provincialism chord
The corridor will be built on new lines after China refused to finance the other route, says planning secretary.
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Broadening services: United Insurance aims to enter takaful market
With change in regulations, insurance penetration likely to rise.
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Dubai visit: ABAD chief to meet heads of leading firms
The expo is scheduled to be held from August 12-14 at the Karachi Expo Centre.
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Driving ahead: Locally assembled auto sales increase
Honda Cars leads in terms of percentage increase in sales.
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Steel industry for curbing import of deformed bars
Demands imported alloy steel bars be valued at $1,500-2,000 per ton.
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Market watch: UBL share float lifts Karachi bourse
Benchmark KSE-100 index rises 242.58 points.
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Book-building: Investors show strong interest in UBL shares
Offer oversubscribed at an estimated strike price of Rs158 per share.
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Power theft, leakages: Govt plans to recover Rs45b worth of losses from consumers
NEPRA seeks to conduct study to assess losses claimed by power firms.
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New pay package: To stop brain drain, govt may introduce new service cadre
It will attract talented people from private sector into public institutions.
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July-May: Country receives $14.3b in remittances
Amount sent by overseas workers is 12% higher than last year.
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No compensation: Mobile importers, medicine makers to book hefty losses
Terrorism not covered under insurance policy.
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18th Amendment: Provinces should enjoy full control, says Pasha
Federal government has not yet handed over some ministries.
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Australia seeks cooperation in services
Joint business forum in Lahore to start working soon.
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Sell-off: Govt to sell UBL stake for up to $426m
An official in the media department of the government declined to comment.
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Microfinance banks: New rules to help curb money-laundering
State Bank revises regulations to enable MFBs to improve governance.
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January-March quarter: Islamic banking industry’s profits rise to Rs3.2b
Return on equity and assets increases with decline in non-performing financing.
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Market watch: Stocks post modest gains after volatile trading
Benchmark KSE-100 index rises 68.2 points.
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Increase in import duties could slow down 3G rollout
Budget proposes increase in duties to 15-25% from current 5%.
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Energy, trade cooperation: PM to take up power supply project in Tajikistan talks
Building road, railway networks is also on agenda during premier’s trip.
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Opposition: Senate panel tries to block power tariff hike
Also opposes increase in gas infrastructure development cess.
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Exhibition: Showcasing ‘Lifestyle Pakistan’ in New Delhi
Wide array of Pakistani products to be on display.
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Adamjee Insurance to acquire SGIC
Company looking to obtain 3.6m ordinary shares.
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India vows to simplify business visa
New land routes will be opened with longer trading hours at border.
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Suggestions: PAMA commends budget proposals, wants more
Urges increase in duties on import of used cars.
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Market watch: Unfettered index ends slightly in the red
Benchmark KSE-100 index falls 36.59 points.
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Last 12 months: Pakistan records biggest positive sentiment, says Journal
Country tops among all frontier markets in corporate sentiment.
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After budget hype dies, reality starts to creeps in
Textile sector disgruntled at GIDC increase, rejects budget package.
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Power supply: Govt refuses to bear cost of leakages, low recoveries
Expected to recover losses from electricity consumers.
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Terror woes: A dark night for the aviation sector
Foreign airlines suspending operations a valid concern.
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Cybercrime cuts deep in global economy: study
The report estimated the global economic cost of cyberattacks at $445 billion.
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Industrial safety standards: Changing scenario hurts Pakistan’s interest globally
Textile minister insists steps on the cards to improve working conditions.
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Microfinance’s relevance in ‘fight against poverty’
Active borrowers reach all-time high, microcredit outreach grows.
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Technology matters: Healthy profits can be made in the poultry industry
Randhawa discusses modern methods that increase productivity.
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Tapping potential: Exploring women entrepreneurship
Foreign experts impart training to local businesswomen .
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Smartphones: Debate rife over viability of manufacturing units in Pakistan
At present, such gadgets comprise only 10-15% of mobile phone sales.
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Rescinded: The folly that was capacity tax
FBR’s collection took a hit, move was a result of large bottlers’ influence.
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Back in the game: Sony tops console sales after eight years, says report
Sells 18.7m PS4 systems against Nintendo’s 16.31m.
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Reassessment: Amid stricter scrutiny, GM recalls vehicles
Total number brought back now reaches 106,000.
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Necessary: Pay more attention to agriculture, govt told
ICCI president says it is important to boost per acre yield.
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Moving up: Taxi app valued at $17 billion
Highest-ever valuation for a tech start-up.
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Industrialists reject property valuation tables
Split on rate of increase tax in proposals sent to province.
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Weekly review: KSE-100 sheds 228 points during eventful week
Arrest of MQM chief takes shine off budget positives.
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Bhoja Air tragedy: Families of victims demand Rs6b payout
Approach IHC for damages from airline, directors and insurance company.
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Quest for competitive price: Talks break off with Qatar over LNG import
Govt waits to set benchmark before going ahead with negotiations.
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Mou signed: China to assist with power plants
CM assures the delegation for full administrative facilities to help ensure timely completion.
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Unhappy: Rice exporters unable to digest budget proposals
The industry is shocked over the government’s attitude of completely ignoring its budget proposals.
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NJHPP: Duty exemption yet to be realised
Neelum Jhelum project to be completed in timely fashion, says CEO.
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APTMA opposes increase in GIDC rate
Will cripple entire textile chain, says chairman.
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Market watch: A black end to the week
Benchmark KSE-100 index gains 91.91 points.
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SBP-IBA survey: Perceptions about economic conditions have improved
CCI reveals households expect inflationary pressure to ease.

















































