Business

Country has failed to fully realise prosperity benefits of urbanisation

Index recovered after going down 1,251 points in the opening two days

Single-stage tax rate will be 7-8% compared to existing 17% GST

Department has been computerised to facilitate and clear hindrances

Price for replacing turbine at Mangla station stands lower by Rs665m

Insists directors have no executive powers to remove top officers

Benchmark KSE-100 index ends at 32,707.91

Aims to add 8,100MW to its system; usage lesser than China and India

Decision comes after 1% hike in customs duty on CKD units, imported parts

Total dispatches amount to 14.77m tons against 14m previous year

Says SAARC needs to be used as platform to promote development

Board members, management wanted Rs3.5 billion per month to pay off debt

The penalty stems from 2012 verdict for infringing Apple patents and copying the look of the iPhone

Economic counselor says Japan willing to invest in diverse sectors of Pakistani economy

FCCI Senior VP Syed Zia Alamdar Hussain said the cost of electricity in Pakistan is the highest in this region

Pakistan’s total reserves amount to $19.819 billion

Minister says Pakistan will look to make the most out of sector

The representatives of exchange companies briefed Dar about the issues faced by them

Benchmark KSE-100 index increases 172.22 points

OICCI survey says security and macroeconomic stability has helped situation

Experts urge framework for safeguarding investments

Alleges that drugs are imported under concessionary regime, then sent to other countries

Issues such as land acquisition, investigations hindering implementation

Regulator accepts major demands, new regime to be implemented in ‘phased manner’

He said there would be bidding among the three companies and the lowest bidder would be awarded the contract

Will explore ways to boost public-private partnership

Will use SNGPL’s transmission network for LNG supply

Benchmark KSE-100 index closes at 32,392.92

Top official says privatising entity would be unwise

Importers say government may not achieve tax target from vehicle imports

Industry executives oppose measure to include infant milk, nutritional supplements for pregnant mothers

Iran commercial attaché says lack of banking channels major hurdle

Move appears to be driven by erosion of financial muscle

The Finnish company hopes the merger will help it become the world's number one network equipment and service provider

Chinese Commercial Counsellor: China-Pakistan Economic Corridor is intertwined with economic development of Pakistan

Rahman says Pakistan to have culture of start-ups

Benchmark KSE-100 index falls 545.84 points

Raziuddin says last two years witnessed increase in oil and gas exploration activities by local and foreign companies

Naqvi says massive outflow of foreign portfolio investment part of global trend

Pledges decrease in electricity tariff, mentions govt initiatives

Ishaq Dar says no tax will be imposed on locally manufactured items being produced from imported goods

Mini-budget, base effect to kick in; pressure to increase steadily

Its own output of crop has dropped to the lowest in over a decade

Offers gas export through a pipeline that will run parallel to TAPI project

Duty on imports hiked by 1%; more taxes levied to secure IMF tranche

Says PSE should divest 40% shares within one year of amalgamation

Workshop begins with intent to combat climate change issues

Fleet strength to increase, average age of aircraft to reduce

FIA puts blame on TCP officers, does not take PPP high-ups to task

Development centre starts trial operations to produce inflatable balls