Business

Regulator has suspended company’s licence several times, slapped penalties

Govt should not only support agricultural sector, but also offer vocational training to migrants

Players post hints of the hidden book, while others hunt them down

Centrally planned, top-down approaches to foreign assistance often fail to build sustainable capacity

Islamabad represented by only one bank at UK leadership conference

Refusal of four finance ministers to attend conference a reality check for the association

The $30 billion announced is in addition to $32 billion that Japan pledged to Africa over a five-year period

At present, Bank AL Habib has a network of 578 branches & sub-branches in 198 cities

The SECP issued these rules in 2013 with the federal government’s approval

Gains were led by financial shares, overall bourse recorded mixed trends

Employees will get three-quarters of the pay, but same benefits

FCCI SVP says Brexit has complicated export challenges

Says such fairs would enhance exports, send out peaceful image of country

Former finance minister tells IRNA project offers very attractive gas price

FPCCI says it will have far-reaching benefits

Experts suggest country has trade potential of billions of dollars if sector is formalised

Spinning mills are paying 17% sales tax, 5% WHT; development comes despite textile sector being zero-rated

Nitin Desai stressed that SDGs and trans-boundary cooperation in South Asia could not be achieved by working in silos

Says business, trade matters should be left to private sector

Net sales rose 2.6% year-on-year to Rs29.1 billion

Pakistan holds potential, resources to enter ranks of economic powers of Asia, says Nikon Japan MD

Rahman says govt working on increasing services and affordability

Benchmark KSE-100 index rises 134.6 points

Newly hired staff will serve as cabin crew for A330-300 aircraft

FBR reaches agreement with Sindh Revenue Board, ends two-month standoff

Experts say this violates accounting standards, SBP says it is FBR’s purview

Over 2.2 million new users added by telcos in July 2016

Trade in euros will begin on August 29, says Iran’s Deputy Foreign Minister Hamid Baedinejad

Claim the scheme lacks transparency, favours a company

Many cases of domestic producers are pending with tariff commission

Three service providers establish a sound footing in the city of lights

Stakeholders criticise company for Rs88b investment plan

Ministry of Commerce to consult business community on the list of commodities, tariff cut

Benchmark KSE 100-share Index rises 285.52 points

Chairman says work will be fast-tracked after removing hurdles

Expert says taxes will bring transparency, curtail money-laundering

Claim tariff was granted for 25 years, it cannot be altered now

Shanghai Electric Power, China Southern Power Grid among bidders for K-Electric

Company announces profit of Rs59.97b in FY16 compared to Rs87.24b in FY15

Improves 4% YoY compared to Rs12b in previous year, cash dividend announced at Rs3 per share

PM releases funds amounting to Rs21.44b, remaining to be paid by October

Says it should be increased from 40% to 60% to discourage imports

According the Karachi Port Trust, Hutchison planned investing in Pakistan because it was ‘poised for growth

Increased production to help reduce import bill, save foreign exchange reserves

Tax authority says it will keep all commitments made to textile sector

Benchmark KSE 100-share Index rises 106.39 points

Says stringent procedures are taking time, it must lend ‘correctly and professionally’

They will develop a gas field and lay a pipeline in Turkmenistan

Senate’s Standing Committee urged to release funds to upgrade early warning system

Many textile units have scaled down their capacity