Business

Benchmark KSE-100 index inches up 11.75 points.

Looks to generate additional Rs5b from major policy shift

Planning minister feels country is now on road to development

Chairman says conglomerate shying away due to inconsistent tax policy

If agreed, cable will be laid along with power transmission line between South and Central Asia

PSX needs to find strate­gic invest­or to buy stake of betwee­n 15 and 40 per cent

Despite sufficient produce, many people have no access to food, says WFP

Consul general sees bilateral trade rising to $5b

Plan to open offices in Iranian cities of Tehran and Mashhad

Target is to sell 100,000 tons that will fetch over $75m.

Local farmer says cutting out diesel has saved him $10-$12 daily over past 13 months

Book about one of the largest banks in 1980s with $22b in deposits, offices in 72 countries launched at IBA

PTA, SBP will be final authorities to be approached by parties in dispute

Benchmark KSE-100 index inches up 2.88 points

A $10-per-barrel rise in oil prices increases import bill by $1.25 to $1.5 billion per year

May also increase sales tax to 17% on other dairy products proposals made to generate over Rs11b in revenue in 2016-17

Wang Yi urges the EU to take an "objective look" at the issue and respect WTO rules

Xu Qin was among 35 executives and employees formally arrested last week in connection with the scheme

Abbasi says 'This is a brilliant saving. It would mean additional income of $1,150 for me annually'

Total CEO Patrick Pouyanne says the project demonstrates the company's "commitment" to Britain

As exercise enters last phase, no objectives seem to have been met.

Short-term concerns should be ignored to welcome long-term opportunities

Only 52% of the respondents aware of any law pertaining to Islamic finance.

Studies indicate that direct tax would help exchequer

Many essential components missing from project, majority of foreign consultants not even engineers

It is transparent, fair, inclusive and could fix the tax system.

Despite signs of change on the ground, high-profile corporate tussles continue to bamboozle investors

Minister for Finance Ishaq Dar had started engaging the Exim Bank during his visit to the US in September 2015

Recommendation comes after farmers blamed such seeds for 40% output fall

Global lender lauds country’s gains under monitored programme

Says hike would multiply problems, burden masses

Organisers claim awards are merit-based, independent and free of pressure

Market participation picked up significantly, KSE-100 Index rose 0.4% during the week

Also wants to withdraw exemption from 5% withholding tax on power bills

Under the revamping plan, Rs8.7 million has been allocated for improving the Rawalpindi transmission system

SMEDA must create awareness, provide guidance and facilities

Aimed at fostering trade and investment relations between the two countries

Terms smuggling a major threat to national economic growth

Over $500m will be invested in first phase of the project

Rs184b collected by govt to finance such schemes was spent on other projects

Has sent a proposal in this regard to the finance ministry

Benchmark KSE-100 index rises 73.73 points

Bad weather hits harvest, producers struggle due to high import prices

Despite booming real estate business, they contribute peanuts in taxes

Two months ago, foreign exchange reserves held by the SBP increased 3.5% on a weekly basis

PSX Chairman Muneer Kamal highlighted the improved economic situation of Pakistan

Put to use only 41.43% of total dependable capacity in March 2016

These will promote transparency, accountability and efficiency

Chamber chief seeks incentives for small enterprises

Benchmark KSE-100 index ends at 36,048.76