Business

Both countries agree to start physical work on CASA-1,000 power project

Commits AUD0.5m to the project, supported by AUD2.4m from BCI Fund

Says it will provide affordable alternative source of transportation

Enhanced stake is estimated to help firm earn higher revenues

FPCCI hopes it will be able to persuade govt in the next few days

Reaction comes after govt’s incentive package

'My two sons, who are right here, Don and Eric, are going to be running the company'

Shah opposes allocation of 7% funds for security, development

Benchmark index registered an increase of 1.04% on Wednesday

It will raise funds for Neelum-Jhelum hydroelectric power project whose cost is likely to rise to Rs500b

Development comes on back of infrastructure spending, reforms and low commodity prices.

Increase 14% year-on-year if sales under Punjab Taxi Scheme in 2015 are excluded

Iqbal says dire need to develop synergy between govt, academia and private sector

Aims to simplify procedures and remove anomalies

Holds meeting to discuss issues relating to SRB and Sindh Sales Tax on services

However, prices of input have remained more or less static

Textile exporters term the Rs180b package very positive

Industry players will meet on Thursday to decide on price increase

Reports come hours after President-elect Donald Trump announced his son-in-law will take top-level job in White House

Inflows amounted to $9.46 billion during six-month period

Additionally, FBR did not levy minimum income tax in hundreds of cases

It was providing subsidy of Rs156 and Rs300 per bag on urea, DAP respectively

Benchmark KSE 100-share Index falls 173.62 points

Both Renault and Peugeot have significant cars and parts-making activities in Spain and eastern Europe

Pakistan’s estimated 5.3% GDP growth also makes it world’s fifth fastest-growing economy in the world

Chinese investment is not appearing as equity on the radar

SNGPL, SSGC have planned to invest billions to upgrade distribution network

The underground and elevated rail network is to be supported by a bus system

Support for Mohmand dam, Harpo power project discussed

UBL’s new Head Office is located on I I Chundrigar Road

Main focus of NTC has shifted to administering trade remedy laws

Shortfall was alarmingly 71% of annual projection of $20.5 billion

Offer based on condition that exports will be pushed up by 5% by June-end

First time Mercedes sells more than 2 million cars in a year, allowing it to reclaim position lost to its Munich rival

Work on IP pipeline from Gwadar to border could not start due to sanctions

Shortfall was alarmingly 71% of annual projections of $20.5b

KSE-100 Index finishes with just a one-point increase on Monday

Uber Movement is at present available in three cities; Manila, Sydney and Washington

Package will offer tax rebate, duty cuts for raw material and machinery

Asif reiterates load-shedding will come to an end next year

More often than not our leaders leave the public in splits over their verbal gaffes

Calls for tax amnesty, tax reduction for sector

There is dire need to move towards measures that yield fruitful results

Rail transport systems play important role in development of export economies

Aim is to transform Pakistan into an engineering hub

Internet service for streaming and downloading goes live today

General Electric gets orders for equipment supply to coal power plants in Pakistan

Exporters sink deeper into quagmire whereas stocks touch record peaks

FCCI suggests setting up special desks in embassies to explore export potential

Vessel brings 55,000 tons from Kuwait, fuel meets Euro-II emission standards