Business

Current stock of NPLs does not pose a major threat to the banking system, say analysts

On a monthly basis, exports dropped 10.63% to $1.051 billion in October

Both countries emphasise the need for direct export channels

Benchmark KSE-100 index falls 119.10 points

Demand at least 25% supply in winter under the quota regime

Petitioner argued that the CEO was also not qualified for the TDAP slot

Move came after body’s refusal to buy sugar at higher rate

Say despite PC’s repeated assertions, nothing significant has been done

Scanners are to be installed at Karachi port to inspect US-bound export containers

Amazon is offering more than 7,000 deals over the course of a week

He noted that the current transportation time for goods from Pakistan to Turkey via sea route was one month

Says fixed income tax rate proposal to be put forward, rejects talks to let rupee devalue

Tameer CEO says country utilising NADRA’s database to good effect

Body to formulate the framework before WTO summit in December.

Benchmark KSE-100 index falls 120.49 points

Total country’s reserves increase to $19.828b

Council demands simplified tax structure, better infrastructure

Company reportedly considering introducing 1,600cc SUV in Pakistan

Ten millers approach ministry to seek supply of imported fuel

Country witnesses first such deal in telecom sector

The business community contented that the heavy reliance on withholding tax was not the right approach

The return on assets (ROA) (before tax) increased to 2.6% at the end of September from 2.2% a year ago

Exports to get a boost when tax refunds are cleared

Includes Rs2.6b as non-developmental funds

Wants both countries to work on enhancing cooperation

Benchmark KSE-100 index falls 371.73 points

Amounts to 5.34% in October, banks countering by investing in government securities

Experts say step would boost e-commerce space, regulatory issues need to be addressed

Arbitrator says power producer must be made timely payments

Petroleum ministry adviser says country needs to tap potential

Pakistan will receive 1,000MW of electricity from Tajikistan

3G coverage to reach 90% of Pakistanis by 2020, GSMA report says

Bank’s senior economist feels country will miss IMF-projected GDP growth rate

ICCI President Atif Ikram Sheikh discussed how oil supply to the area is disrupted due to closure of the main road

Pakistan wants at least 20% products to be excluded.

Pakistan Railways introduces facilities in bid to improve image, reputation.

Says govt looking to exploit shale oil and gas potential, overcome energy crisis

Senate panel probes Nishat Group’s purchase of Saint James’s Hotel in 2012

Calls the proposal for removing top USC officers ‘entirely illegal’

Benchmark KSE-100 index falls 161.32 points

Involved in tussle with FBR, want to negotiate sales tax controversy

Prime minister, Tax Reforms Commission want new tax regime that increases revenue, plugs leakages

LCCI President Sheikh Muhammad Arshad made this demand while talking to a trade delegation

It came under pressure following heavy debt repayments to the International Monetary Fund (IMF) and other creditors

The SECP has already extended the date for submission of the written feedback on the regulations till December 7

Expectations are data will show another increase, signalling weaker demand in the world's top oil consuming nation

The Ifo institute's closely-watched business climate index rose to 109 points in November from 108.2 points in October

'I'm 100 percent in favour of claw-back' said Cryan

Banks earn Rs148b in Jan-Sept, up 28.7% year-on-year

Will provide support in education, other fields relating to development