Business

IT minister says PTA has been asked to take telecom companies on board and draft a law.

No major breakthrough, though customs claims to have seized big consignments.

Smuggling, falling Kenyan prices cause decrease.

Price difference, quality and location determinants of choice .

If it were not for Kenyan auctions held on a weekly basis in Mombasa, tea would cost more and taste worse in Pakistan.

Manufacturer terms anti-smuggling measures short-lived with little impact .

Hopes discussions, visit will help deepen Sino-Pak relations.

Main objectives of MoU are poverty reduction through job placement of successful trainees of BISP vocational training.

Various cities in Punjab subject of investors’ interest.

Company seeking major foothold in North American markets.

Crop yields in Pakistan about 50% lower than regional countries.

FBR says conditions for tax exemption not met, company contests claim

Facebook’s plan of acquisition brings fresh criticism.

Volumes dropped 20 per cent while index heavyweights took a hit.

Islamabad expects to raise at least $1.6 billion through the spectrum auction.

Secretary says textile sector’s growth important for economy.

Pakistan needs proper enforcement of law, says US judge.

Company part of British Council’s initiative, to visit UK universities.

Boosts profit by 23% in 1HFY14.

Benchmark KSE-100 index rises 96.55 points.

LNG imports to start from November this year.

Says company ended up paying more than originally proposed amount.

Proposes Consumer Price Index as base for calculating margins.

Both ERU, Planning Commission to perform task of private sector development.

Base price will be $295 million per 10 MHz for each 3G licence and $210 million per 10 MHz for each 4G licence.

Say they are unable to compete with subsidised farm goods.

Foreign currency reserves held by the SBP stood at $3.19 billion.

Railways minister says arrangements being made to facilitate passengers.

Benchmark KSE-100 index falls 180.13 points.

Higher costs and distribution eat up some of the gains.

Invests heavily in real estate portal due to country’s potential.

‘Tired of waiting’ for promised refunds, apprise commerce minister of woes.

Also turns down request for duty rebate on shipments to Kabul, Central Asia.

Govt does not commit anything, will send proposals to consultant.

Hamza thanked the Chinese govt for helping with the energy crisis.

UAF vice-chancellor says self-sufficiency needed to help economy.

VP says increased trade will deepen relations with Delhi.

Reduction in UFG ceiling to wipe Rs33 billion off their assets.

CEO remains satisfied, keeps long-term in mind.

Bank announces total cash dividend of Rs10 per share .

Benchmark KSE-100 index falls 197.45 points.

Dar highlights steps taken to revive economy.

Increasing import bill, decline in CSF payments cited as reasons.

Export-oriented industrial units to start receiving gas from tomorrow.

The consultants briefed the minister regarding different aspects of the preparation of IM draft.

Saudi oil facility will ease miseries through single-digit inflation, boost business confidence, provide fiscal space.

Representatives of Pakistan, Afghanistan, Kyrgyzstan, Tajikistan talk power pricing at World Bank sponsored meeting.

The two companies could face fines of up to 10 percent of their annual revenues from Internet services.

Say they are receiving notices despite agreement with FBR.

With the repayment of the current installment, Pakistan has repaid the IMF $6,694 million since July 2011.