Business

FBR ordered to impound 50, 000 vehicles, announce the bids for auctions.

Former parliamentarian says China has agreed to fund the project.

600-700 MW more hydel power is expected in the national grid, says Asif.

Bank agrees to finance development of Pakistan’s highways.

Limit has been increased from Rs1m to Rs2m.

Sindh Engro Coal Mining Company seeks to expedite development after receiving $700m worth of sovereign guarantees.

Experts say ITIL can help improve business efficiency if utilised.

SBP governor says Pakistan has enough foreign reserves to repay IMF loan.

Profit-taking drags the bourse down another 297 points.

Minister hopes pipeline will be laid within the stipulated timeframe.

Reminds Dar of his proposal to broaden tax base instead of increasing taxes.

Power plants, industrial units and CNG stations may face greater supply cuts.

Non-registered dealers will be subjected to higher GST payments.

95% of stations will sell petroleum products at higher prices due to GST on unregistered pumps.

Will send a 30-strong delegation to participate in Expo Pakistan.

Seeks to buy Al-Hamd Foods, acquisition price remains undisclosed.

Hope it will eventually lead to a reduction in the oil import bill.

Oracle-based ERP software helps company significantly streamline operations.

It will highlight how the Mashal project went dead.

Heavy foreign selling on Friday dampened investor sentiment.

Says it will bring price down to $16 from the $21, sought by India.

Shaikh said that Pakistan dispatched around 1,000 workers to Korea.

Diplomat discusses various opportunities with businessmen.

Believe step will trigger capital flight, encourage corruption.

It is very unlikely that any IPP will agree to reduce its mark-up on late payments from government, says an analyst.

Business community still have time to cajole, coax or maybe even bribe the govt into making changes in the final draft

Banks likely to see their margins squeezed even more than they already are.

MNCs praise tax measures aimed at broadening tax net, but express concern over some other steps.

Experts say govt should rely more on direct taxes.

Analysts remain bullish on the KSE-100 index for the fiscal year 2014.

Gov't commits to resolving circular debt, however, industry still remains confused about the measures.

The first flight from Islamabad to Kashgar will take off on June 26, 2013.

New minister for ports says he will vigorously pursue all projects.

Although Islamic finance is at emerging stage of development in Pakistan, it has experienced rapid expansion.

Revives advisory committees, will formulate a progressive policy.

Finance minister claims the move is legal and was a norm for previous govts.

Management has built the company with its own resources, over 40 long years.

State Bank now seeking to contain the damage from the finance ministry’s profligacy.

Businesses get concessions in the budget, including a cut in corporate tax rate.

Claim region’s industries will suffer greatly.

Amanat Islamic Fund is an Islamic open-end asset allocation and investment fund.

Overseas Pakistani workers have so far remitted $9.234 billion in the ongoing fiscal year.

Bengali suggests tax should be imposed on 700,000 affluent.

Dar says summary proposing remedial measures should be sent to PM.

Benchmark KSE-100 index dives 216 points as oil, banking stocks dip.

Statistics bureau and Suparco have different crop figures.

On the contrary, tax burden on salaried, non-corporate business classes has risen substantially.

Seminar details advantages for exporters to reap benefits.

The solar plant produces 12KW of energy per day.

Says if ministers fail to achieve targets within 90 days, they may face sacking .