Business

COO says growth in overall car sales will continue if present optimism persists

Says country is already facing huge trade deficit, such measures will aggravate situation

Nominees include chief executive; action taken after nominated members gave 3-year extension to company chief

Wyeth Pakistan says it is considering selling its production facility

PTA reports cellular firms injected additional $659.4m in fiscal year ended June 30

Plan designed to further develop transmission, distribution and generation systems

Petroleum ministry had recommended 33-percentage-point increase in tax rate

Benchmark KSE 100-share Index rises 459.43 points

Plant will produce 305 mmcfd of gas, 520 tons of LPG per day, 25,000 bpd of condensate

Offer valid to several destinations of Emirates network in Europe, North America, Africa, Far East and the Middle East

Says delegation from Islamabad will likely visit shortly to discuss purchase of electricity

Will hold roundtable on energy supply without disparity

Will arrange NOCs for business community, says ambassador

Association head says all foreign investors are likely to be hurt under new laws

Senate body meets to clamp down on mismanagement

Country is likely to produce 10.5m bales against target of 14.10m

Benchmark KSE 100-share Index rises 469.07 points

Increase in domestic consumption offsets fall in exports during November

Says reduction has revived many sectors, should be extended to CNG sector as well

Suggests amendments to the Nepra Act to turn the regulator toothless

Engro Fertilizers CEO says inventory costs will come down with the start of exports

Urbanisation induces knowledge diffusion and economies of scale in production

Internet of things, big data, cloud computing have been given special attention.

OPEC agrees on oil supply cut for first time since 2008

Experts say market should be free to determine petrol, gas prices

Committee provides a short-cut platform to lobbyists to gain exemptions and favours

Technology-related risks are increasing amid lingering litigation concerns

Textile package need of the hour, they stress

Country needs to buy 193,000 tons overseas to cater to local demand

Cites govt’s tax measures, fiasco on property front, weak exports as reasons for the plunge

Sense of ambiguity prevails for fourth month in a row

KSE 100-share Index ends 0.61% higher week-on-week

Rupee’s strength has narrowed the gap between dollar values in open and inter-bank markets

Both countries preparing recommendations for free trade

Considers Pakistan a huge consumer market

48,500 people including 30% women will be trained in third phase

Stresses need for implementing macroprudential policy framework

Move aimed at promoting entrepreneurship among youth, newcomers

Spokesman says Premier service played a key role in regaining market share

Sales decline 34% to 565,000 tons in Nov from 856,000 tons in Oct

Benchmark KSE 100-share Index rose 363.54 points

Ministry of Industries, State Engineering Corp, HEC technically knock out bidders

Response will be considered a declaration in future investigations

On Singles Day this year, Alibaba sold products worth US$17.5 billion

Envoy says they are working more on economic and investment tracks

The decrease in reserves was on account of external debt servicing and other official payments

Local production is helping meet 20% of country’s demand, says minister

Industry assures govt of support on labour safety measures

Benchmark KSE 100-share Index rose 284.99 points

Core inflation, however, rises 5.3%, indicating a build-up in inflationary pressure