Business

Airs concern dairy sector is not attracting investment due to regulatory issues

Steep shortfall makes next fiscal year 2019-20’s proposed target of Rs5.550 trillion unrealistic

Investor interest revived as ECC approved Rs20b support fund to boost PSX

Says overall tax burden on companies is about 40% of profit, which increases business cost

PM aide meets officials of Chinese and Russian companies to initiate the process

Minister for planning and development will head the secretariat

Punjab would suffer most from increase as they had opted for petrol due to high prices of CNG

Programme allows export of goods to the US without paying duties

Brent futures are heading for 10% slide in May and WTI for 13% drop

Test flight was conducted successfully from Karachi to Islamabad and vice versa

Announcement comes a day before Beijing is due to increase tariffs on $60b in US goods

People converting dollars into rupees due to attractive rate of return on investment

Airline has ended facility of keeping seats for ministers and other high officials

Standing committee taking measures to revive profits of the agriculture sector through modern technologies

Producers reduce prices by around Rs150 per bag

FIEDMC chairman says modern infrastructure in the zone to house all investors

Proposal for Re1 per litre tax on petrol, diesel to be sent to provinces; new exemptions for women, orphans mulled

Fund has been conceived and approved without involvement of SECP

Proposes increase of Rs8.99 in the price of high-speed diesel

PM aide supports stance of business community on maintaining status quo

Describes the existing currency trading in the region as manipulative

Benchmark index gains 15.36 points to settle at 35,974.79

Decrease comes due to external debt servicing, other official payments

Chinese diplomat ramps up rhetoric by comparing actions from the US to economic terrorism

We are against the trade war, but we are not afraid of it, says vice foreign minister

Also gives go-ahead for 1% health tax on all beverages to boost revenues

Some 750 cases of identity theft to unlock smuggled phones unearthed

Provides 100% waiver on maintenance fee; cuts annual fee on long-term redeemable securities

In first nine months of FY19, total debt and liabilities went up Rs6tr

Both units of CPHGC are now providing electricity to national grid

Funds worth Rs25-30 billion are expected to stabilise stock market

Council also approves national development outlay of Rs1.837tr for 2019-20

Warning is the latest salvo in the US-China trade war

OPEC output cuts and political tensions in Middle East, however, offer some support

Naqvi was being held in London on charges of defrauding investors

Benchmark index rises 1,010.15 points to settle at 35,959.43

Says it will cause damage to local auto parts manufacturing industry

It will lead to capital flight and dent country’s exports

Investors remain concerned that the trade war between the United States and China

Razak Dawood terms Pakistan best place for foreign investment

The IMF has asked Pakistan to end state control of the rupee

Says it will deplete company’s cash flow; asks government to bear the cost

Meeting deliberates over doing business with China, UAE in Yuan, dirham

Increase comes on account of fuel cost adjustment for April 2019

Reason behind the rise is said to be soaring international fuel prices, dollar

Foreign investors' equity will continue to increase and may even reach 100%

OGRA to forward summary on May 30, new prices to take effect from June 1

Memorandum of Cooperation signed between three countries to develop East Terminal of the Colombo port

Company is aiming to file an application in Hong Kong as early as the second half of 2019

Investors remain concerned that trade war can dent fuel consumption