Business

The minister said the government was fully aware of the importance of the value-adding sector.

Rise would hurt sector, not augment revenue collection.

Benchmark KSE-100 index falls 150 points.

Remittances amount to over $12.89b during July-April

Attributed to SBP’s commitment to slowing growth in domestic money supply.

Group says it can make significant contribution to cash-strapped economy.

Govt reduces spending on development projects by Rs180 billion.

Says govt should do away with presumptive tax that reduces revenues.

Start of the textile, sugar and polyester units.

Merger brings pleasant change for consumers, enhances business earnings.

Every day we see a decline in market value which is wrongly attributed to correction.

Increase in CGT is likely to hurt investment and reduce capital formation

Blueprint envisages fiscal consolidations of Rs290 billion.

Five times fewer vehicles made than last year due to the lack of imported supplies.

Paves the way for first equity transaction in 8 years.

Apple and Beats both declined to comment on the reports of a $3.2 billion take-over deal.

Says people denied benefit of govt’s subsidy policy.

Inflation figures and political uncertainty keep investors on the sidelines.

Move prompted by FBR’s lacklustre performance; will force govt to slash development spending this year.

Minister reveals that Swiss authorities are willing to renegotiate the Pak-Swiss agreement.

SBC delegation also expressed enthusiasm to participate in the financing of the Neelum Jhelum project.

The sale continues a retreat by HSBC from countries where it lacks scale.

Minister invites businessmen to invest in different sectors.

Gas supply to power station restored.

Pakistan placed sanction due to risk of ‘mad cow disease’.

Benchmark KSE-100 index falls 16.48 points.

Airline acts on PM’s directive after decrease in oil prices.

Board intends to meet finance ministry, PC and FBR.

Laments non-payment from clients, says companies pay it out of their pocket.

Pak Suzuki heads the pack, sells 62,783 units.

Simultaneous book building to be held for foreign and local investors.

Step taken to avoid penalties for delay in construction work.

The central bank’s foreign exchange reserves increased $198 million to $7,240 million.

Naeemuddin says bank’s assets have risen 90% since 2008.

Meets SBP deputy governor, elaborates strategic vision.

Benchmark KSE-100 index rises 180.99 points.

Urges Pakistan to take decision on gas pipeline.

Directs govt to change design in order to save Rs20 billion.

Out of 89 economies, Pakistan ranked 29 on World Misery Index 2013.

PM will be in Iran to seek extension in deadline for IP pipeline.

Those in lowest income bracket to get power subsidy, NEPRA to get more independence.

Despite the devolvement of 17 ministries to provinces, federal expenditure has risen instead of decreasing.

Also owes Rs40.794 billion to the federal government

Four Chinese EPC contractors being evaluated.

Seeks concessions and incentives from govt to stay afloat.

Gas becomes cheaper than petrol and diesel.

Benchmark KSE-100 index falls 53.17 points.

Replaces Iuel on July 1, has worked in more than 11 countries.

IPR proposals aimed at shifting mode of policies from stabilisation to revival.

Amendments could allow regulator to impose minimum fine of Rs1m for cartel formation.