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The obverse side of the coin
In most cases, it is the seth, having no entrepreneurial skills, who runs these units guided by personal whims
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Corporate results: Abbott Lab reports Rs1.5b profit
The revenues for the period increased by 5% to Rs9.8 billion
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Dreamworld to be delisted from September 17
This will be the current year’s third delisting
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SBP governor stresses regional cooperation
Says agents such as SaarcFinance should be used to spread mutual interests
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Economic calamity: Dams needed to reduce annual losses
ICCI chief says flash floods have been a common occurrence
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Market watch: Index slips in the negative, nears 35,500
Benchmark KSE-100 index falls 349.28 points
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Govt studies plan to create central procurement agency
ADB offers help in setting up the agency to accelerate work on power projects
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FDI up a whopping 307.6% year-on-year
Amounts to $75m; number was just $18.4m in July 2014
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Landmark deal seals finance of Thar coal mine
Local banks to lend Rs50 billion to SECMC; project includes 660MW power plant
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Taxes hurt export competitiveness: Dastgir
Trade policy framework finalised, to be presented to ministerial body
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0.3% withholding tax: Facilities, loopholes aiding tax evasion
FBR takes up issue with SBP governor, meeting of banks’ presidents likely to be called
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Financial inclusion– where does Pakistan stand?
Country lags far behind the goal, performs poorly in the region
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68 years and counting: Chaos in absence of ‘national transport policy’
Planning and development process remains fragmented resulting in disorder and rework
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Lacking in regulation: System lapses lead to rampant tax forgery
Difficulty in deciphering laws and laidback staff allow for easy evasion
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Cementing the industry’s growth
Manufacturers must focus on production organisation, training and tapping new export markets
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Tax on internet pulls down economy
Internet penetration in Pakistan is one of the lowest in the world
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A declining gold demand in Pakistan
Clocks in at 17.8 tonnes in first half of 2015
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Plans for building dams scuppered by lack of will
Country should focus on big reservoirs to cut oil imports and power cost
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Wasted grain: PFMA calls for release of wheat
Surplus stocks depleting because of weather conditions and insects attack.
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Hedge funds take fresh look at General Motors
Company battling deadly ignition defect, tangling with shareholders.
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Substandard and spurious: PPMA dismayed at decision to bracket the two
Association laments government’s policy to put drugs in same category.
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Inclusion: Non-filers urged to come in tax net
Government is working to develop an integrated database that will help in identifying all potential taxpayers
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Indebted: SSGC fears default as PSM fails to clear bills
Gas utility finds it difficult to finance strategic projects, threatens to cut off PSM's gas supply
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George Soros’ fund sells most of its Alibaba stocks
Quarterly results reveal pronounced slowdown in sales growth.
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SECP: Policy board meeting held
The board approved constitution of Small Dispute Resolution Committees under Section 117
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Auto development plan: Govt looks to enforce global safety, environmental rules
Policy calls for phasing out car models based on old technology.
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Weekly review: Politics drags KSE-100 down 285 points
MQM’s resignation from parliament negatively impacts the market.
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No decision yet on regulatory issues faced by SSGC
Public utility has not been able to unveil income statements for the past three years
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Insurance stocks skyrocket in rally sparked by dividend hopes
Almost three-quarters of companies register a sharp rise in share prices
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Foreign currency: Reserves to rise past $20b in few weeks
It is predicted that Pakistan will become the 18th largest economy of the world by 2050, says Ishaq Dar
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Vietnam keen to boost trade in diverse fields
Delegation visits ICCI to promote business partnerships
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Hospitality industry waits for improvement in conditions
Investment and expansion plans on hold for the time being
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Traders start preferring cash transactions, informal channels
Hundi and Hawala used as alternatives to bank dealings to avoid WHT
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Petroleum ministry proposes setting up LNG plant
Plan will be tabled before the Economic Coordination Committee for formal approval
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Dasu hydropower project: Work delayed as issues remain unresolved
Authorities have failed to address matters relating to the cost of land, site security and fund allocation
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SBP launches new five-year financial strategy
Governor proposes Pakistan, China should trade in their own currencies
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The World Bank’s message
Her basic message is that Pakistan “can and should do much better”, given its many assets
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Attock Refinery registers 28.7% decline in earnings
Slump in global crude prices takes its toll on company during FY15
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Foreign exchange: SBP’s reserves fall 1% week-on-week
SBP’s liquid foreign exchange reserves decreased $139 million to $13,628 million
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Market watch: Volatile index gains as week ends
Benchmark KSE-100 index rises 44.56 points
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Corporate results: Attock Cement posts profit of Rs2.21b
Company’s gross margins improve, announces expansion plan
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Proposed automobile policy: MKD units included, same tax incentives for new and old players
Government opposes import of used cars on a commercial basis to protect local assemblers
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Pakistan, Thailand agree on terms of reference
Negotiations under way for FTA between the two countries
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New PSO MD: Haque to be at the helm of affairs on Sept 1
He was appointed in May, has now given assurance to the government
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NA passes bill, State Bank of Pakistan to take decisions independently
Monetary policy committee set up which will have outside experts
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Enhancing trade: Business delegation visits South Africa
Major fan brands of Pakistan are part of the delegation
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Corporate results: Attock Petroleum’s income drops 24%
Fall in crude oil prices hurts margins of company
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Fuel talks: Gas connections only on merit and by the rules, says Abbasi
No meter installed in violation, domestic sector given priority
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Market watch: Amid lawmakers’ resignation, index dips below 36,000
Benchmark KSE-100 index falls 313 points
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China-Pakistan Economic Corridor: Issue of western, eastern routes raised again
Senators argue that government has backtracked from earlier promise, say smaller provinces being ignored