Business

Net revenue collection reported at Rs583.8b, 8.5% higher than last year

Pakistan has huge potential of earning foreign exchange through export of carpet

Benchmark KSE-100 index gains 374.03 points

Envoy says additional exports worth $200m can be generated from Faisalabad

Minister cites wind power generation prospects in Balochistan

Says body loses most cases, spends uselessly in claims

Signal strength leaves much to be desired, reveals PTA’s quality of service survey

Punjab fares better over the same period

Consul general assures facilitation to Pakistani businessmen

Govt, traders agree to lower rate to 0.2% for interim period; no signs of a concession on tax amnesty scheme

Says IMF framework restricts government from making big investments

Sinosteel frames plan to almost triple mill’s production capacity to 3m tons in 3-4 years

Dar reluctant to accept any demand that may adversely affect Pak-IMF talks

Total liquid foreign reserves held by the country stood at $20,054.2 million

Company issuing 74.2m shares, 55.5m handed out; public portion remains

Devolution of agriculture to provinces hurting agro-sector: official

Benchmark KSE-100 index gains 92.95 points

Says he has overseen all LNG-related activities since taking office

Data suggests sales will be lower in September 2015

Punjab looks to establish fish export processing zone

Boards reconstituted after previous members failed to achieve targets

Also says yes to govt getting four more years to retire debt owed to central bank

MCB CEO says revival of investigation risks choking investors’ interest in government’s asset-sale program

Trade volume of $800 million low, needs special attention from both sides

The event is being organised by the Privatisation Commission in cooperation with the World Bank

Increase was mainly because of tax reversal, says analyst

Benchmark KSE-100 index gains 173.33 points

FBR losing nine out of every 10 cases due to weak panel of lawyers

Asks it to bring small banks into compliance with statutory requirements

Subsidy reduction was the result of better performance of companies: Asif

Manufacturers have agreed to cut Rs105 from the price of 50kg bag

Price determination was one of the prerequisites to the supply agreement

Unions existing within PIA, led by the pilots, forced cancellation of 400 flights in 2011

Benchmark KSE-100 index gains 418 points

Remaining amount to be transferred by provinces

Thinks it is necessary to initially take the bodies input on problems being faced by industrialists of the city

Features include easy procedure, quick processing, low mark-up, insurance rates and partial payment options

Cites energy, pharma and food as potential areas for cooperation

Discusses Rs20b worth of irregularities in FBR, puts off decision due to figure mismatch

FCCI looks to improve business conditions through joint effort

It will reduce cost of doing business, power tariff and taxes

Earnings were up 5.6% YoY, absence of functioning BoD reason behind delay

Mission chief says there was no firm requirement to float the bond when markets were distressed

Range of halal products, from goods not containing pork or alcohol to financial and tourism services, is rising

Suparco National Agriculture Information Director Ijaz Ahmad Bhutta was present on the occasion

The chief minister urged the World Bank to finance coal-fired power generation in Sindh

Earnings clock in at Rs1.01b for FY15, company set to raise money in IPO

The delegates also appreciated the role of trendy Sialkot business community that is available on a self-help basis

Data shows total sales dropped 8% year-on-year, amounted to 2.9m tons

Benchmark KSE-100 index ends at 32,784.4