Business

Multinationals warn 25% advertising disallowance will hurt investment, stifle growth

Warn of serious economic consequences if fixed tax regime is abolished

Term withdrawal of fixed tax regime unacceptable, unfair

Rs250b budget cut, Rs15b tax withdrawn to secure PPP support

Allocations for state organs surge by up to 63% despite dire fiscal conditions

KSE-100 index outperforms other Asian markets, posting a 27% gain in dollar terms this year

CAP urges govt to maintain 15% GST rate, support digitalisation to stabilise industry

Minister for IT Khawaja highlighted the government’s commitment to promoting Information and ICT

Currency drops after SBP reported C/A deficit for first time in 4 months

KSE-100 index dives 578.40 points, settles at 78,232.10

Enters into partnership with Hub Power for acquiring essential infrastructure

Marks first time in 30 years that local cement sales have declined for 3 consecutive years

Outages, corruption, and rising tariffs drive calls for outsourcing

Hopes to improve liquidity condition as receivables surge to Rs810 billion

Cabinet directs maritime ministry to complete task in one month

Proposes exclusion of independent spouse’s assets from wealth statements

Cost of domestic LPG cylinder increases by Rs600, now selling at Rs3,370 instead of official Rs2,770

Upper House proposes raising minimum wage to Rs45,000, providing extra allowance for persons with disabilities

NFC Award, 18th Amendment lead to undesired outcomes for federal govt

There is sheer absence of governance and long-gone trust between govt and businesses

Decades of negligence, energy price hikes place industry on ‘ventilator’

Eminent voices warn of impending crisis as policy failures threaten digital prosperity and brain drain

Before answering that, it is essential to examine the factors driving Shenzhen’s transformation

Domestic production saves 15-20% forex as nearly all global brands now locally assembled

KSE-100 index records surge of 2,104 points, or 2.74% WoW, settles at 78,810.49

Govt focuses on development of IT sector

Company initially said it would seek additional financing and continue “reduced operations"

Opposes higher sales tax while highlighting flaw in tax structure

Govt revises return on certificates purchased in pounds, dollars, euros and rupees

Encourages innovation, global collaboration at Global Business Forum 2024 in Dubai

Provisional duties set to apply by July 4, with investigation to continue until Nov 2

Delays impact US investment plans, raise concerns over energy strategy

Call for 24-year auto policy to stabilise industries amid economic turmoil

Fund’s team likely to visit Pakistan by end of this month

State minister emphasises both teachers and students must be trained in using digital tools

SPI goes up 0.94%, fueled by expensive food items around Eid

REER drops by 3.62% in May, boosting export competitiveness

KSE-100 index edges up 8.96 points, settles at 78,810.49

APSUP and PAMI appeal to govt of Pakistan for immediate restoration of tax rebate for teachers

Plans to collect Rs70b by increasing valuations to 90% of market prices

Minister calls CPEC beacon of stability, regional integration

IT ministry terms proposal unfeasible in briefing to prime minister

SBP reports FDI grew 74% to $271m in May 2024 compared to $156m a year ago

Funds aim to increase coverage, compensation under BISP, bolster climate resistance

SBP data shows current account deficit for first 11 months of this fiscal year was much lower than last year's $3.76b

KSE-100 index now stands at 78,309 from the high of 80,001 points earlier in the morning

Property sector still receives “much-favourable status”, chairman FBR

New initiative to provide technical, financial protection for vulnerable communities

Say govt incentives could transform barren lands in Gadap into profitable farms