Business

Shanghai exchange and two others intend to jointly buy 40% stake

Decades-low interest rate could have encouraged credit demand by the sector

Insists country will need skilled manpower in many industries post-CPEC

Punjab finance minister says province has ample infrastructure

Benchmark KSE 100-share Index rises 246.99 points

WAPDA chairman says this should pave way for smooth completion

They will assist each other in business development, provide technical help

Pakistani company will set up new entity to start manufacturing, assembling Kia vehicles

Cash accounts for 90% of transactions in India where millions rely heavily on notes for their daily transactions

Kia's re-entry into Pakistan will boost government efforts to shake up the Japanese-dominated car market

Will be revised in coming weeks, then sent to provincial cabinet for approval by end of December

Bosnia welcomes all suggestions for enhancing the existing trade and investment ties between the two countries

Output crosses one billion cubic feet equivalent per day

Pakistan Railway has arranged this workshop with collaboration of the Asian Development Bank

Islamabad High Court issues stay order against appointment of chief economist

Manager says company wants to leverage platform to women to generate healthy income

The amalgamation deal is subject to a number of regulatory approvals

Benchmark KSE 100-share Index rises 295.59 points

ECC asks ministry not to claim this amount from finance ministry, FBR

Project to be implemented in partnership with K-P Transport Department and UN Women

Also eases the criterion for electricity transmission to remote villages

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