Business

Benchmark KSE-100 index rises 1.60%

Power ministry makes objection, says power producers should be given priority over fertiliser plants

Bourse members will go to London next week to woo investors

Says company looking to expand network, but wary of high tax rates

Wants 15 to 20% increase in retail price, Section 12 of Drugs Act 1976 to be undone

Thousands await response to application seeking loan, about 5,000 rejected despite meeting stringent criteria

'The problem is they invested too heavily in LCD screens,' Professor Akio Makabe of Shinshu University

Last month, foreign exchange reserves held by the SBP increased 3.5% on a weekly basis

Earnings during July-December up 90% year-on-year

Brokerage complies with regulations after being told to rectify breach

Company’s six-month earnings were down 9% year-on-year

Ministry bypassed Accountant General of Pakistan Revenue, which is called serious lapse

Benchmark KSE-100 index gains 15.93 points

Comes on back of rise in private-sector advances, investment in sovereign papers

Centre to seek consent of provinces for petroleum levy on LPG

Petroleum minister says exploring natural gas potential is only solution

Suggestion comes after Balochistan senators urge protection of farmers

With three days left in deadline, claims fall flat on their face; traders refuse to come into tax net

Earnings down 8.4% during first half of ongoing fiscal year

IRSA opposes plan to compensate provinces for sharing surplus water

Expresses interest in procuring 4,600-6,000 Kcal/Kg coal in Jakarta meeting

Govt grants licence to Universal Gas Distribution Co that will ink deal with gas utilities

Benchmark KSE-100 index gains 222.10 points

Pronounced fall in weighted average lending rate main reason for compression

Saeed said that more incentives were needed to attract new investment to the steel industry in the country

Panel holds discussion on expanding scope, participation of females

Dastgir says there is no progress on improving trade ties with India

We have information that some Pakistanis invested in the Eurobonds and the money flew from here, says Mandviwalla

Government should cut non-developmental expenditure, abolish subsidies, downsize state-run organisations

Investors can now analyse trends and track the performance of the real estate market over a period of time

With the foundation stone likely to be laid in March 2017, propject will be completed in three phases over 10 years

Company reports earnings of Rs12.45b during Oct-Dec, up 23% YoY.

Will save Rs24.5m annually in electricity expenses

Minister rejects province’s claim that centre is not issuing NOC to exploration firm

Show-cause notices issued after onsite inspection, no monetary penalties imposed.

Guidelines part of anti-money laundering scheme

SBP deputy governor maintains slowed growth in remittances will not be a threat

DTH in violation of PEMRA laws

He said that Railways and different business groups should start such joint ventures

Thanks to IMF and other assistance and growing remittances sent home by overseas Pakistanis.

Source says Honda Atlas Cars Limited has decided to delay introduction of 2016 Honda Civic until end of year

The company has been incorporated as a new entity under the Companies Ordinance of 1984

The dollar appreciated Rs5 recently, but again exports did not improve, rather nosedived

High-speed mobile internet now accounts for 88% of broadband market

JS Bank declares cash dividend of Rs1.2 per share

Analyst agrees results were below expectation as revenues remain flat

Net spread after provisions rise to Rs17.6 billion

Benchmark KSE-100 index falls 334.09 points

Approves projects worth over billion rupees to promote country’s exports

Will help exporters to tap trillion-dollar global market