Business

FPCCI’s standing committee meets Dutch official to discuss prospect of exports to the EU

Request comes after resumption of gas supply to CNG stations

Brokers say BoD hesitant to express views boldly to finance ministry

Dues of private sector amount to Rs342.7b; only Rs181.8b can be recovered, says govt

Also approves Power Purchase Agreements with IPPs; doubles regulatory duties on import of sugar from 20% to 40%

Return on Assets increased to 2.6% from 1.9% in March 2014

OICCI urged Finance Minister Ishaq Dar to review the proposed budget document

Alleged deceptive marketing practices the reason behind action

Suggest arbitration and conciliation to save time and money

Ministry of Ports says issue will become more critical during monsoon

Benchmark 100-share index ends at 34,516.30

Warns of drop in orders before and after measure is implemented

Says construction and textile given undue advantage

Fiercely resist reduction in import duty on milk powder

China’s Shanghai Electric Group to set up the plant in Thar

Amount 46.8% less than comparative period of previous year

Say conventional methods provide less profitability.

Says distribution of company reserves as dividends will hit growth

After 15 days, the CNG stations would be closed for three to four days and then reopened again

Benchmark 100-share index gains 59 points.

Structured trade framework will be announced to address exporter woes.

Argues gas development surcharge collection will instead increase

Focus now to be on the troublesome taxation and energy sectors

Punjab, Sindh govts collectively allocate subsidies for 54,089 tractors

Files petition with NTC for increase in customs duty from 4% to 5%.

Company enters into sale-purchase agreement with Pakarab Fertilizers

Foreign banks, brokerage houses, fund managers and insurance companies based outside the Gulf can now invest directly

Clearing house failed to achieve goal, caused national kitty billions

The two most relevant questions that occur: where will this amount be spent and where will this money come from

Pakistan’s inability to take geographical advantage

Sector not happy with budget announcement, wants more

Petroleum minister says oil lobby doesn’t want to see LNG imports replace furnace oil in production of electricity

Study reveals country lagging in fundamental factors

Tales of disagreement within company not true, according to Subhani

Support comes in wake of court case, risk and quality factors.

Obama suffered an embarrassing setback on Friday on the trade deal, one of his top economic priorities

Considers it a national project, aims to kick-start economy.

Asks beverage industry to wait for decision until the end of budget debate.

Thar infrastructure schemes get most of the funds.

Indirect taxes, as a result, form 91.9% of total projected receipts.

Sindh budget proposes to cut GST on telecom services to 18%.

MSCI review, Moody’s rerating and IPOs pushed index near all-time high.

Businessmen of Pakistan and China should get ready to take full advantage of CPEC.

Network to make available liquidity, help exchange knowledge

Fourteen member delegation highlights Pakistan’s investment potential

Chamber criticises increased indirect taxes.

Foods giant allegedly raised prices unjustifiably, says anti-trust watchdog.

Water and power secretary seeks Rs84b subsidy from Finance Division.

Import duty on milk powder, whey powder to be decreased.

Sales tax on internet services withdrawn at last moment.