Business

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

His resignation has been accepted by board of directors with immediate effect

Investors opt to book profits after phenomenal rally in past week

KSE-100 index inches down 6.44 points to settle at 35,697.37

PAMA DG says it will encourage mixing of low-grade RON with fuel for cars, other vehicles

PRGMEA chief says exporters are already facing hike in raw material prices due to rupee fall

Power Division insists Rs118-billion amount should not be collected from distribution companies

Regulation in Pakistan simply means bureaucratic hurdles, excessive paperwork and creating a culture of frustration

Officials suggest an asset declaration scheme should also be presented to the provincial governments

Also proposes reduction in WHT on imported mobile phones

Shares in both companies jumped more than 10% on Monday

Supply cuts have helped Brent crude rise by 29% this year

Currency has recovered a total of Rs2.21 in past three days to Rs149.74 to the greenback

Latest monetary policy has tipped balance in favour of fixed-income investment

Consul general believes exports to China will jump $3-4b in next few years

Despite decline, it is still the largest contributor to emploement in Pakistan

ITC reports $12.2b untapped export potential; imports will increase once growth recovers

Rupee-dollar exchange rate cannot be controlled for a long time

Govt faces resistance over its plans to withdraw sales tax and income tax exemptions being availed by industrialists

Refineries ask govt to allow them dirty fuel production for motorcycles

Says it will reduce cost, make the sector more competitive

Move is aimed at facilitating export-oriented industries

Fertiliser industry says GST refund on urea has reached Rs21.18b

Investors resumed stock buying at attractive valuations following clarity on different issues

Comprehensive five-year textile policy to be rolled out in next eight weeks

Govt includes 300 new schemes worth Rs1.54tr while following in the footsteps of its predecessor

Hafeez Shaikh shares economic roadmap in Islamabad press briefing

Launches strategy focused on creating average of 1.20m new jobs annually over next five years

Amount seems insufficient due to inclusion of more schemes in CPEC portfolio

Approves Rs46.2m for the project that will provide jobs to the youth

Automaker has asked govt to extend deadline for its launch in country

Gets support from Saudi Arabia’s facility for oil supply on deferred payment

Relief will be allocated in budget for consumers using up to 300 units per month

Urges traders to help alleviate poverty; concedes unnecessary delay hit IMF deal

Looks to generate additional revenue to collect over Rs2tr through sales tax

Seeks replies to 18 queries over alleged embezzlement of Rs20b by May 30

US diplomat Paul W Jones calls on Hafeez Shaikh in Islamabad

Officials say tariffs will have limited impact on Chinese wind turbine manufacturers

New rule can put goods from China, Japan, India and others at risk of higher tariffs

Worries over US-China trade developing into a more entrenched dispute have hit prices

Benchmark index rises 0.34% to settle at 35,703.81

Cumulatively, the rupee has shed over 44% of its value since December 2017

Under the agreement AFD would provide a soft loan for the project for a period of 20 years

Will pay special attention to regional equality in resource distribution

The fund will see the financial transfer of four to five natural gas and hydroelectric power plants

Imposition of FED on gas, hike in customs duty are also on the cards

After implementing NSW project, all cross-border clearance will be done through it

Benchmark index rises 944.2 points to settle at 35,581.34

It made the hefty borrowing against the target of Rs600b for the auction