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Foreign remittances clock in at $3.19 billion
Increase 5.4% year-on-year, inflows from Saudi Arabia remain largest contributor
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Playing the Indian card to get incentives, protection
Govt may impose tariff and non-tariff restrictions on Indian imports
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Murdoch's Fox buys National Geographic media unit
Fox will pay $725 million for a 73 per cent stake in the new entity called National Geographic Partner
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Textile exporters: New PTEA chief vows change
Rizwan Ihsan and Arif Mahmood Qureshi were elected senior vice chairman and vice chairman, respectively
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Corporate results: Maple Leaf Cement posts Rs3.5 billion profit
Beats market consensus, earnings for FY15 higher by 22%.
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Standing up: CAA defends aviation policy
Says that all relevant stakeholders were taken onboard when aviation policy was being formulated
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Nandipur: Khawaja Asif says power project would be completed soon
Asif said that machinery of Nandipur power project could not be run to full capacity of 425MW due to technical faults
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Farmers should switch from wheat to other crops
Govt’s suggestion comes after price crash in wheat markets
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Lower sales, higher earnings: Not booking unjustified profits, says Al-Ghazi Tractors CEO
Amid govt’s intention to allow import, local industry willing to discuss issue.
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ECC allows import of 150,000 tons of urea
TCP will float tenders as chance to take Saudi credit facility lost
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Govt reconstitutes body to resolve transparency issues
Replaces members with conflict of interest; will listen to service providers
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Govt re-introduces austerity policy amid declining revenue
Bans purchase of new vehicles, but makes room for exceptions
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Market watch: Index climbs up the 33,800 mark
Benchmark KSE-100 index gains 356 points.
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Pakistan set to sign 40-year lease for Gwadar port with Chinese company: officials
Work on the Gwadar International Airport would start in the next couple of months
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German court orders Lufthansa pilots to halt strike
At least 140,000 passengers were grounded and 1,000 flights were cancelled Wednesday
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Government refuses to approve spot LNG purchase
ECC, however, says PSO is competent to sign deals for gas import
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Query: Ministry seeks details about fertiliser stock, dealers
It requires information before release of Rs20 billion subsidy.
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Corporate results: Lucky Cement posts earnings of more than Rs12 billion
Profit goes up on the back of 4% dispatch growth, expansion in margins.
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Promoting industry: Textile delegation off to Denmark
The trip, he said, was expected to be the first round of more such visits of business delegation in future
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Wheat affairs: Food minister pushes for healthier seeds
He said that wheat has contributed 10% to the value-added in agriculture and 2.1% to GDP
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The other side: Dawood Group’s arm to promote natural habitat
To start road shows to highlight impact of environmental degradation.
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August figures: Cement sales rise 10% on domestic demand
Exports fall 31% due to arrival of Iranian cement in Afghanistan.
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Telecom sector: Pakistan to have 40 million smartphones by end of 2016
Major industry players partnering with Google to encourage online trade.
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NEPRA hearing: K-P demands Rs1.1 per unit increase in hydel tariff
If allowed, net hydel profit for the province will soar to Rs18.8b.
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HEC sale probe: Buyer had weak credentials, admits PC
Committee rejects claim of selling company for Rs1.095b including liabilities.
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Market watch: Stocks recover after falling in early trade
Benchmark KSE-100 index gains 529.69 points.
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A money-making mill
Jointly, they have systematically imperilled the PSM’s function, prevented it from operating at optimum capacity
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The exchange rate debate
Artificially appreciated currency ends up subsidising imports, serves as an effective disincentive against FDI
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Analysis: Karachi Stock Exchange has a great fall
Some analysts attribute the fall to rout that has hit global stocks
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Before crushing season: Abadgar board for settlement of issues
According to the Sugar Factories Control Act, 1950, the cane crushing season is scheduled to start from October 1
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Banknotes: Old designs to become illegal from Dec 2016
SBP issued a new design banknote series in 2005 to improve the security, durability and aesthetic quality of banknotes
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PALPA agitated: Gearing up- not for takeoff, but a tussle
Association chief feels cheated by authorities, Shujaat Azeem presents counters
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Barter rice for energy with Iran
Food security ministry holds discussion, decision to be taken soon
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Planning minister optimistic about future of auto industry
Says development of road network will help the sector
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Not implemented: Delay in tractor subsidy disrupts supply chain
Industry considering stopping production until stock is cleared
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NAB probing LNG terminal contract, admits ETPL chief
Ali insists the process was transparent as ETPL won the tender floated by govt
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PM likely to announce agriculture relief package
Amid tight budget, government looks to cut farmers’ losses
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China looks at Rs50b injection, says PPA chief
Says upcoming international poultry expo will play crucial role
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Market wrap: Regulatory crackdown hits index hard
Benchmark KSE-100 index drops 946 points, finishes below 33,000
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'Safe' screens touted for those who just can't look away
Phillips says its new "SoftBlue" technology is gentler on the retina
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KSE-100 Index plunges by 1,000 points over anti-corruption crackdown fears
Shajar Capital Investment Analyst says there is uncertainty in the market due to a volatile political situation
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Privatisation: Answer to government’s prayer
Striking a balance between public, private entities is the way to growth
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Pakistan’s Islamic insurance industry landscape set for makeover
Leading firms like Jubilee Life Insurance, EFU have launched Takaful products
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Gaping hole: Can we have Sindh Food Authority?
PFA’s crackdown reminds people of the regulator’s absence in Sindh
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Energy shortages persist as lobbies serve their interests
Another difficult winter seems to be ahead for gas consumers
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Looking higher: Abbasi’s new-found hate for current fuel
Wants Pakistan to upgrade from RON 87 to RON 92 spec gasoline; domestic refineries argue against.
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Mafia works where the state fails
How plunderers are cashing in on distorted markets in absence of rational pricing
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No entry for Pakistan in Ebay, Amazon and Paypal
Strategy needed to focus on removing barriers, increasing broadband coverage
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New MD vows to improve SNGPL
Uzma Adil says all possible steps shall be taken for improvement
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Regulation required: Faisalabad’s real estate boom
Growth of housing colonies driving up prices