Business

Increase comes mainly due to income from other than core business

Acquires one new block each in tribal areas and Sindh

Price rises due to support coming from weakening US dollar in world markets

Engro paid bonus shares in proportion of 10 shares for every 100 shares

SECP policy board, commission unanimously agree on the need for creating a far less onerous regulatory environment

Businessman emphasises regulations should help increase company listings

Guarantee was given on a $125m loan taken by WAPDA

Consumers will pay an additional Rs13.5 billion after price revision

It is due to higher growth in spending, negligible rise in revenues

The government-owned carrier said total revenue for the year was up just over 12 per cent to $1.7b

It will help encourage investment and promote mechanisation

Brent futures ease 53 cents to trade at $65.92 per barrel

Consumers will pay an additional Rs13.5 billion after price revision

Benchmark index increases 322.31 points to settle at 40,279.38

Reliance Communications is some $4b dollars in debt

Premier dines with top taxpayers, including those facing NAB inquiries

Says its laws protect legitimate rights and interests of citizens and organisations

PPIB approves extension in financial close of Kohala hydropower project

Growth comes after government, central bank initiated supportive policies

Envoy says Malaysian PM’s visit will lead to good prospects for auto sector

It may cause urea shortage, create black market of this essential commodity

With govt support, sector’s exports are likely to grow 20% a year

Increase in line with uptrend in global market amid weakening US dollar

Minister for Railways Sheikh Rasheed floats proposal in ECC meeting

Bench seeks view of Centre, provinces on jurisdiction regarding Islamic banking-system

PM directs to present bill to reward whistleblowers helping nab corrupt officials and politicians

ECC forms task force to boost manpower export, which has dipped 60% in 3 years

Benchmark index decreases 262.4 points to settle at 39,957.07

Federal Minister for Interprovincial Coordination Dr Fehmida says talks to include discussions on sports projects

Move comes as a result of latest blow to UK car industry as Brexit approaches

Decline comes on back of surge in finance cost

National carrier mulls over increasing flights to Jeddah

PMRC has signed Master Refinance Agreement (MRA) with HBFC in a ceremony held at the SBP last week

Desire to sign MoU for enhancing trade in the sector

Group to carry out feasibility study for setting up $11b oil refinery, petrochemical complex at Gwadar Port

Saudi Arabia’s ACWA Power is also keen on investing as much as $2 billion in renewable energy projects

$3b deferred oil payment facility was on the agenda

Foreign direct investment drops 59% to $132.2m in January 2019

Benchmark index decreases 267.20 points to settle at 40,219.47

PM adviser highlights untapped areas for trade and investment

Govt looks for alternative means to ease external-sector constraint, avoid political backlash

Sapphire Retail CEO says customers are not ready to pay full price for a product

There are proposals to stop expansion of gas network, new connections in residential sector

People pay around a dozen federal and provincial taxes on property transfer

Developing nations, however, not in a hurry to adapt to technological change

Development comes after India withdrew its Most favoured Nation status for Pakistan

Tariffs on millions of imported cars and parts will add thousands of dollars to cost of vehicles

Lack of positive triggers, uncertainty over IMF bailout keep investors sidelined

Pakistan is at 136th place in the international index of ease of doing business

Mobile phone imports dip 7% to $424m in Jul-Jan FY19