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Appreciation: FPCCI lauds govt’s initiatives
Appreciation: FPCCI lauds govt’s initiatives
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Currency: Rupee stable against dollar
The rupee remained stable against the dollar at 104.3/104.5 in the inter-bank market
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market watch: Index tumbles again amid selective participation
Benchmark KSE 100-share Index falls 169.06 points
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Nielsen Global Survey: Consumer confidence steady in Apr-Jun
Index stands at 104, but respondents’ sentiment towards the economy changes slightly
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Rice exports: PM Office awaits input of finance ministry
Country is aiming to increase exports from $2 billion to $3 billion.
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Companies Bill 2016: SECP clarifies stance on regulating real estate
Says provision restricted to companies that run real estate as principal business
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Foreign exchange: SBP’s reserves up 0.13% week-on-week
SBP’s liquid foreign exchange reserves increased $24 million to $18,061 million
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With PSX rally, mutual funds give good returns
Lakson Equity Fund gave 12.19% return, second only to NAFA Stock Fund
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Renowned eatery brand accused of tax evasion
FBR officials say company is maintaining 19 undeclared bank accounts
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Pakistani, Chinese firms to manufacture glass tubes
Joint venture will benefit pharma companies in research activities
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Govt clears Lahore-Sialkot motorway link worth Rs52.7b
Also gives green signal to Rs26.7b PhD scholarship programme
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CNG stations in Sindh will set their own prices from Aug 6
Filling stations will also sell gas in litres instead of kilogrammes
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IMF clears payment to Pakistan in 3-year programme
Development comes in wake of PM’s remarks Pakistan was ready to move forward without further IMF support
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7 steps to become an employer of choice
Develop talent, from ordinary to great
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Indian business leaders hail landmark tax reform
India's GDP expanded 7.6 percent in 2015-16, making it the fastest-growing major economy in the world
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On subsidised prices: Farmers given poultry units
For treatment of hens, the farmers were registered
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Benazir income support programme: Setting up social safety nets
Asia-Pacific Social Protection (APSP) Week held at Asian Development Bank (ADB)
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Currency: Rupee stable against dollar
In 2013-14, the reserves, however, swelled more than 50%, thanks to IMF
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Bid to acquire WorldCall Telecom withdrawn
Negotiations for offer ended inconclusive, says stock exchange filing
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market watch: Index closes in red as investors remain cautious
Benchmark KSE 100-share Index falls 171.17 points
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Corporate corner: Infinix Mobility launches Hot S Smartphone, noise-cancelling earphones
The company also introduced its new Android User Interface called XOS
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Infrastructure needs: Experts push for water conservation
Speakers note that resources are depleting fast
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Expanded lube-oil blending plant: Hi-Tech Lubricants starts commercial production
News well-received by investors as company’s share price surged by 5%
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Piling debt: PSO receives Rs293b by power sector companies
It supplied inventory worth Rs308b during last 16 months
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Trade relations: Shandong chamber keen to enhance ties with KCCI
Chinese delegation expresses interest in frequent b2b meetings to strengthen trade ties
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Planning Commission working on ‘ad-hoc basis’
"I will decide only after getting clarity on reporting lines and job description," Chief Economist Dr Nadeem Javaid
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Lahore realtors jittery following FBR valuations
Agents say their ‘bread and butter’ has been put in jeopardy
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Infrastructure projects receive enhanced bank financing
Private banks hold 62% share in total outstanding portfolio
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Govt plans to adopt new crude price benchmark
The Ministry of Petroleum and Natural Resources is seeking to replace the Lower Zakum spot price with the Das
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“Selfie Expert”: OPPO Pakistan launches F1s with 16MP frontcamera
Priced at Rs29,999, the F1s has taken the selfie revolution to greater heights and an even wider range of consumers.
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Govt’s borrowing record tumbles
The federation’s debt increased from Rs16.96 trillion to Rs19.1 trillion by the end of the 2015-16 fiscal year
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FBR notifies property valuation rates for 16 cities
With effect from July 31, WHT rates will range from 1-4% while CGT rates will range within 5-10%
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Extension in GSP Plus status: EU seeks progress report on compliance with UN conventions
Officials say EU alarmed by rising cases of honour killing in Pakistan
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Poultry sector demands subsidy of Rs20 per kg
PPA says it fears 50% of farms may close due to high costs
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Market watch: Index ends marginally negative
Benchmark KSE 100-share Index falls 13.71 points
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Strengthening ties: Thai delegation visits ICCI
ICCI president said Pakistan could facilitate Thailand in promoting trade with South and Central Asian countries
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For ninth successive quarter: Outstanding housing finance registers 3.5% growth
Amounts to Rs62.96 billion at the end of March, YoY increase equals 15.4%
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LNG supply: IPPs will have to pay mark-up for delay in payments
ECC decided that the mark-up will be KIBOR plus 2%
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Pakistan asks Muslim world to throw off economic inertia
Dastgir says Muslim states have dearth of ideas about economic revolution
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Disagreement: ABAD ready for brawl if SECP’s new law prevails
Says proposed bill demands hiring of independent entities
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By 2019: Pakistan to export 1m tons of rice to Indonesia
Hoping to correct balance of trade currently in Indonesia’s favour
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Bangladesh officials visit Manila to seek recovery of bank heist money
Officials allege the money was allowed to disappear into casino industry in Philippines, where it was laundered
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Property valuation deal violates 2013 SC ruling
Judgment says govt cannot delegate its powers of levying taxes to its organs
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Agriculture trade: Training imparted to spur exports
Pakistan exports approximately $585 million worth of fresh fruits and vegetables annually
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Contrasting views: ENI wants higher gas price from government
Italian firm says its investment decisions were based on incentives offered
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Sugar mill to set up bagasse-based power plant
High demand, favourable policies encourage the mill to diversify
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Predicting trend: Consumers expect relatively high inflation, says SBP survey
High inflation expectations are evident for all the commodity groups
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Auditor General recovers Rs56b from govt departments
Challenges to the Supreme Audit Institution highlighted
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Market watch: Stocks close at fresh peak as banks play role of catalyst
Benchmark KSE 100-share Index rises 271.82 points
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Pak Suzuki Motor increases prices by 3%
Rates increased in the range of Rs20,000 to Rs30,000 for all car models