Business

Business-friendly policies aid sector in becoming investment hub

Benchmark KSE-100 index gains 27.73 points.

ICI board of directors approve investment of Rs960 million.

Will provide training, set up state-of-the-art institute.

Suvarnabhumi Airport has separate halal catering facility for passengers.

Pakistani food portal Supermeal.co.uk eyeing share in UK’s food market.

Federation president says both share same concerns ahead of budget.

Without a vision for a Good Society, the fiscal, economic, political, democratic and societal crises cannot be tackled

They have valid income generating ideas and the required skills and experience, but nobody is willing to fund them.

Finance minister hints at expanding tax base in the upcoming budget.

Sindh CM wants input of all grower organisations and stakeholders.

The Pakistan Halal Meat industry and many other companies exhibited their products.

Will facilitate Pakistani businesses in placing orders.

May cause a temporary plunge in exports, says Sikandar Bosan.

Benchmark KSE-100 index gains 264.48 points.

Such facilities in major cities will offer advice, assistance.

Rent rises sharply in posh areas as demand for housing units grows.

Managing director and his deputy fined for ‘failure to perform responsibilities’.

Clears economic framework, notes that outlook points to significant recovery.

A ministry official says no communication made for an audit, but an internal audit report of the amount is available.

The proposed PSDP is 17% of next year’s tax target and 13.5% of next year proposed budget outlay of Rs3.864 trillion.

GDP growth rate, revenue collection, current account deficit among disturbing stats.

Oil, gas, power production improves slowly but steadily.

Lack of political will, pressure meant tax net was not widened.

Without full-time chairmen, many state-owned enterprises operating with difficulty.

Govt promised much, delivered a lot less in the past one year.

Govt moves slowly as it could sell shares of only one company out of eight.

Trade representative says country ‘concerned’ with measures.

Will pay $324.5m to settle employees’ claims.

Bench directs instant decision to be sent to PM.

First power plant to start production in December 2017.

Says govt needs to continue raids to curb illegal activity.

Both were not managing directors of the company during the period cited.

May amend short-term period by increasing tenure from 6 months to 1 year.

Proposed imposition of new taxes along with reduction in subsidies negatively affected the market.

We are grateful that the LHC ruled against the tax, but it should really never have been allowed to be imposed at all.

The plants will work in IPP mode while funds from PSDP will be allocated.

There are three wind power projects of 150 megawatts (MW) capacity under construction, to be completed in 2014.

Govt enhancing contact with African countries, says foreign secretary.

Asks govt to address energy, other issues to stem the slide.

Company argues health regulation a provincial matter and not a federal one.

Gas supply affected due to fault in transmission pipelines.

Benchmark KSE-100 index gains 14.45 points.

The company claims that the GPS can provide positioning with accuracy of up to two centimeters.

Starting May 24, users will be charged for services as per tariff.

Programme aimed at development of agricultural finance.

IPPs say it is getting difficult to run plants in absence of cash flow.

Govt rushes to revise fiscal accounts, deficit will be 3.8% of GDP.

Govt considering levy in a bid to plug leakages, widen tax base.

For banks to expand loan book in Eurozone, should consider rationalisation of risk-weightings in Basel capital rules.