Business

Envoy says Washington is mulling over economic and trade assistance

K-E seeks power regulator's approval to cut its tariff in order to pass the benefit of reduced costs on to consumers

Directs tax officials to refrain from serving notices, deduct tax as per past practice

Ministry postpones PHDEC’s closure with focus on improving performance

With 600mmcfd capacity, it will supply gas to 3,600MW power plants

IMF says Pakistan's gross domestic product growth is projected at 4.5 per cent

Benchmark KSE-100 index ends at 36,266.23

Will get shareholding in foreign company against its services instead of cash

Speakers suggest simplifying filing and documentation, expediting payment of refunds

The president also praised the government’s measures to overcome energy shortages

Urge adoption of job-rich growth strategy in upcoming budget

Eyes rail link from Gwadar to enhance trade with Afghanistan

Countries will then formally start negotiations on details

Mass Transit Authority expects to receive funds today

Francesco Lo Presti is cutting up pieces, to be minced and stuffed into sausage casings, then smoked and grilled

ICST Patron Shahid Rasheed said the masses will have to pay for wrong planning of policymakers

Govt had imposed 10% regulatory duty on imports in November 2015

According to SBP data, remittances amounted to $1.6b in April alone, 3.1 per cent less than the preceding month

CEO calls Pakistan attractive market, business will depend on distribution network

Benchmark KSE-100 index closes up 30 points at 36,265.12

India needs to adopt a preferential duty regime for Pakistani products

Ministry asked to appoint a regular CEO for PHDEC’s smooth running

Increase 29% YoY, amount to 184,099 units in 10MFY16

First pump to be operational by December 2016 in Lahore

Provinces arrive at consensus on new hydel policy, but demand return of projects after lease expiry

Panama Papers more than 200,000 secret offshore companies

Exhibition provides opportunity to learn from Chinese expertise

Italian firm Eni has offered 3 million tons of gas per year

Move aimed at achieving greater financial inclusion

Country director says power reforms are only half done

Reject the new duty drawback calculation method

Utilised only Rs1b, remaining amount unlikely to be released by the SBP

Expresses interest in obtaining licence to train manpower in Punjab

Robust domestic demand, uptick in margins supported earnings

Say construction style in Pakistan is energy inefficient as a lot of power is wasted

China's trademark authorities previously approved application by beverage factory to register the brand "face book"

Revenue from January to March is down 64 per cent year-on-year to Tw $14.8 billion

Recent increase in share prices comes after almost nine months of bearish trends in the stock market

Naimi, one of the most powerful figures within the OPEC oil cartel

People should not expect big heads will roll for accountability

Wage-led approach will enable countries to enhance aggregate supply and demand

Standard Chartered is not just a rich man’s bank, insists head of retail banking

Buyer can check authenticity of medicines via SMS

High import tariff key concern, TFA provisions could help Pakistan reduce trade costs by 13%

Bill Shorten, a 48-year-old ambitious former union chief, will take on the Liberal Party's Turnbull

The clock is ticking to complete the long-stalled first review of Greece's $95 billion EU-IMF bailout

Business forum says such schemes discourage honest taxpayers

Tax authority chairman says recommendations will be considered

FPCCI, chief minister say region has potential to help country’s economy

Formal recognition of Katchi Abadis can unlock Rs500 billion, assuming an average (conservative) price of Rs600,000