Business

China has established itself as leader in financing infrastructure

Tax-free remittance of overseas dollars can provide financing for infrastructure building

Three-fourths of borrowings to go to meeting budget financing requirements

Industry demands relief package to avoid closure of units

Business forum meets annually to step up activities on both sides

Only six out of 56 recommendations for transfer of functions, depts implemented

Industrialists argue they are paying far higher price than Sindh counterparts

Notes system is rigged with deficiencies that are adversely affecting earnings

New ideas will create jobs, produce successful entrepreneurs

After losing 524 points in the preceding week, showed fresh gains in index-heavy sectors

Says CPI inflation, which rose to 4.2% in October 2016 from 1.6% in October 2015, is manageable

Unlike India, Pakistan is focusing on softer measures to boost financial inclusion, says Ashraf Mahmood Wathra

Monetary Policy Committee has cut the target rate by 0.75% in fiscal 2015-16

Ministry urged to grant approval to import immediately

Speakers say social media can be used to address issues of farmers

Uptick came on back of reduction in finance cost and not higher sales

These will transmit 2,520MW from Bhikki and Sahiwal plants

Benchmark KSE 100-share index increases 49.93 points

Cites outages, security fears as hurdles to investment

Officials say FBR needs to consult with stakeholders

Cabinet body rejects proposal of centre to take PTDC back from the province

Former board member believes process may fetch between $76m and $107m

Fresh borrowing will be used to provide electricity to rural areas in the two provinces

Also cuts gas prices for industrial sector by up to 33%, decision will not affect revenue

Petition says official concealed material facts, is incompetent, overage

Admits power tariff in Pakistan is high compared to the region

Authority decides to introduce regime to address issue of unhealthy competition

Reviews projects for setting up telecentres, computer labs

Benchmark KSE 100-share index increases 48.71 points

Says ministry is taking over CCP’s role of assessing competition in telecommunication sector

Lenders include Credit Suisse Singapore Office, UBL and NBP

Consumers will receive a cumulative relief of Rs20b in December bills

The uncertainty caused by the shock decision has also led foreign investors to withdraw huge amounts of capital

All leading major companies from Pakistan will be invited to attend the conference

Says authorities should include future challenges in policy planning

Committee says it will address issues faced by consumers

Parliamentary affairs minister says energy, water and food top priority of govt

Company embarks on aggressive exploration drive in Balochistan, K-P

If approved by NEPRA, power tariff will go up by Rs0.48 per unit for Oct

Benchmark KSE 100-share index increases 269.44 points.

Profitability of consumer sector was up by 23%, while that of discretionary sector was up 7% YoY

Additionally, Bosan demands transfer of cotton sector from textile ministry to food ministry

World Bank’s arm will be offered 20% equity in return, control to remain with Pakistan government

Shoppers who order in-stock items before 5pm will also be eligible for free two-day delivery, according to Apple

Scheme, if cleared by parliament, will whiten an estimated Rs7 trillion of black money

Benchmark KSE 100-share index increases 192.54 points

Envoy outlines investment avenues in diversifying Saudi economy

Notes financial system has continued to function well

Underlines importance of trade and economic ties between the two countries

Says current volume demonstrates positive tendency for intensification