Business

Should avoid US influence and care for its own strategic interests

The realty sector of Punjab claims new taxes have led to a fall in federal and provincial revenues

Known to have a good rapport with govt officials, Patel may find his low public profile helps him develop better ties

Week-On-Week: SPI rises 0.21% 

Currency: Rupee stable against dollar 

Corporate Result: HBL earns Rs16b in first half

GroupM Pakistan recently organised a “GroupM Digital Day” to unveil their new policy

Pakistan missed the GDP growth target of 5.5% last year mainly due to poor performance of the agriculture sector

KSE-100 Index touched all-time high of over 40,000 points but retreated at the end of the week

Power minister says Rs99.6b outstanding against provincial governments

Rating agency says political uncertainty will weaken economic performance

News comes amid supplier standoff, decision not to affect annual production target

PASDEC says investment needed to tap 297 billion tons of reserves

‘Goats for water’ aims to help rural Sindh fight energy woes through exchange of animals

Petroleum ministry claims no ISGS board member removed arbitrarily

It’s the third strike call in six months, will disrupt fuel supplies to pumping stations, power generation companies

Patel, 52, is now one of four deputy governors of the Reserve Bank, running its monetary policy department

Squeezed by economic and political turmoil since the 2011 uprising, Egyptians are preparing for a new era of austerity

Project will now cost Rs17 billion

System installed in Jhirk village, funded by USAID

Chairman also vows to address exporters’ problems

Project to be implemented by SSGC, would cover different localities

Growth attributed to better sales of appliances, result accompanied by cash dividend of Rs1.25 per share

EPS dropped to Rs0.88 from Rs2.10 during the quarter ended June 30, 2016

Benchmark KSE-100 index decreases 272.12 points

Chamber chief lays stress on proper marketing of Pakistan products

Summary sent to PM, technical extension requested till September 15

Moscow, Ashgabat are keen to supply electricity through CASA-1,000 transmission line

The biometric registration of pensioners hailing from other cities of the country would continue till November 30

Fruit Production: Pak-China collaborating for improvement

Currency: Rupee stable against dollar

Benchmark KSE-100 index decreases 286.32 points

SBP’s liquid foreign exchange reserves increased $55 million to $17,719 million

Announces interim cash dividend of Rs7 per share

Country expected to achieve target of 100,000 tons by the end of season

Multan Chamber points to legal flaws in valuation system

KCCI chief asks govt to address supply, demand-related challenges.

Says FBR makes deductions when it fails to meet revenue targets

FPCCI VP says protectionist policies have left industry uncompetitive

Committee proposes closing project, absence of power and gas cited as main reason

ECC defers decision on reducing re-lending rates on loans for two nuclear plants

Boeing wants to convert PIA’s existing 777-300 ERs into the new 787 Dreamliner

Foreign ministers sign three deals aimed at funding development, infrastructure projects

Analysts, however, expect it to rise in the coming months

Net profit for the three months to June rose to 10.74 billion yuan

10-member group briefed on pace of projects

Sindh transport minister says timely completion will be achieved

Says textile industry suffering due to blocked cash flows

Benchmark KSE-100 index posts increase of just 7.35 points

Decides to import another 200 mmcfd, at present it is receiving 500 mmcfd