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Dubbed Pakistan’s most amazing money manager, Maheen remains bullish on future
Alfalah GHP CEO recently featured on Fortune’s list of ‘40 Under 40’s women to watch’
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In the long run: Strategy needs to shift from borrowing to taxing
Govt’s reliance on banks should decrease, private sector must be developed
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Leather footwear – where India has a foot ahead
Pakistan needs to diversify its exports, not just blame global slowdown
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Pakistan has 100,000MW production potential
Country still facing shortages; Diamer-Bhasha project must not be delayed
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Is the bubble bursting for India's online start-ups?
Restaurant search website Zomato, food delivery app TinyOwl and property portal Housing.com are all letting staff go
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‘Mini-budget’: FBR proposes a slew of measures to bridge revenue shortfall
Special excise duty on imports, hike in withholding tax on contractors under consideration
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Private sector: Dar says issues of business community to be addressed
“The PM has already directed all federal ministries to resolve impediments facing the business community,” said Dar
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Volkswagen cuts 2016 capital spending plan
As cheating scandal widens, company decides to cap expenditure
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Support for farmers: Ministry opens ‘special account’ with SBP
Will facilitate provinces in depositing their share of fertiliser subsidy
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Smartphones ready to take over
PTA projections say overall smart devices will comprise 55% of total mobile phone imports by end of FY18
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ADB, Japan ink $16 billion development partnership
Will span over five years, includes creation of investment fund
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For survival: LCCI wants private sector role in loss-making PSEs
Extraordinary strategy required to stop heavy losses to the exchequer
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Looking forward: TDAP chief irked at high tax rate
Says currently taxes and duty on paper, raw material is 49%
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Weekly review: KSE drops 0.8% as foreign investors continue to sell
Weakening oil prices, lack of triggers also kept investors from buying
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Monetary policy: SBP maintains rate at 6%
Declining momentum of inflation is expected to reverse, says State Bank
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A booming retail segment and potential to grow
Local apparel company eyes expansion, says market increasing
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Corporate result: Honda Atlas Cars reports 48% surge in profit
Amounts to Rs1.81b during Apr-Sept period, EPS stands at Rs12.68
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Oil and gas: Exploration firms file 200 applications for price increase
They are seeking to switch to the 2012 petroleum policy
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Iranian cement: Industry for examining quality
Alleges most of the cement comes without any duty payment
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Export promotion: EDF Board approves exhibition
The board forwarded projects of Pakistan Leather Garments Manufacturers and Exporters Association
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Agriculture: National food security policy on its way: Bosan
Ministry to present ‘Plant Breeders Bill’ to resolve issues, boost sector
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SBC elects office bearers for 2015-16
Arshad Saeed Husain vice president and KM Iqbal was elected company secretary and treasurer
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Corporate corner: HACPL strikes gold at Best Quality Awards
The company’s Frame Assembly Department and Paint Department also bagged Silver and Bronze awards
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Pakistan’s IT exports exceed $2 billion, says PSEB chief
Freelancers’ contribution totals $100m, potential to grow remains
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Market watch: Index endures another day in the red
Benchmark KSE-100 index falls 51.44 points.
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Russian giant Gazprom eager to supply LNG to Pakistan
Has the capacity to pump 12b cubic metres of gas
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Growth of large-scale manufacturing slows down to 2.2%
Energy crisis, slump in global commodity prices behind lack of pace
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Pakistan and Russia usher in new era of cooperation
Both countries sign agreements, vow to work closely in completing projects
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Currency: Rupee stable against dollar
In 2013-14, the reserves, however, swelled more than 50%
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Week-on-week: SPI falls 0.07%
The SPI for the combined income group fell 0.07% from 219.74 points in the previous week to 219.59
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Accountability: Right to Information law under way
The session was the first step to social accountability of the budget.
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ADB approves $1.4 billion loan to aid Pakistan's power sector
$400m will be disbursed immediately while remaining will be released as govt installs smart electricity metres
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Thar coal: Sindh govt, SECMC sign agreement
Sindh Government has also inked a water utilisation agreement with Engro Powergen Thar Limited
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Foreign exchange: SBP reserves dip 0.78% to $14.589b
The decrease was similarly attributed to the payments of $108 million on account on external debt servicing
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Attempt to control deficit: IPR criticises government’s policy of ‘withholding releases’
Questions handling of budgetary expenditure and payments
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Popular opinion says status quo to be maintained
Majority research houses expect no change in interest rate.
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AEDB focuses on wind energy production
Body chief says 3,000-3,500MW to be added by 2018
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Rehabilitation: ICCI urges for road reconstruction
IJP road links the industrial area of Islamabad with the whole country and Afghanistan
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Finalised: Punjab to get cotton research station
The Science and Technology Ministries of both countries were working under a joint venture
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Currency: Rupee remains stable against dollar
In 2013-14, the reserves, however, swelled more than 50%, thanks to IMF
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Current account deficit shrinks 72%
Improvement in the current account balance is mainly because of a shrinking trade deficit in both goods and services
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Indonesia likely to ban import of Pakistani kinnows
Country’s export of fruit valued at $21 million a year; envoy takes notice
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World Bank agrees to finance Tarbela’s extension
To loan at least $326m of the total project cost of $796m
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Market watch: Index ends negative despite foreign buying
Benchmark KSE-100 index loses 40.82 points
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Forum Challenges discussed, recommendations put forward
Experts say taxation remains at the forefront of all barriers to growth
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Pakistan has 10,159 tcf of shale gas deposits: USAID
Country also holds reserves of 2.3t barrels of oil, shows study
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Tax collection: Finance minister reposes trust in FBR
He said the government was confident that the country would achieve its Rs3.100 trillion revenue target this yea
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Food safety: Loose milk supply assessed
VC Dr Talat Naseer Pasha chaired the workshop and the PFA Director Operations Ayesha Mumtaz was also present
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Rural communities: IFC to assist in improving access to finance
Inks agreement with NRSP Microfinance Bank for digital financial services
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Mobile Commerce and Banking Summit and Exhibition: Government aims for financial inclusion, but roadblocks plenty
Speakers agree on importance, say population needs affordable products