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Business

Morgan Stanley upgrades Pakistan to emerging market status

*Six Pakistan stocks in MSCI EM with lower than expected 0.10pc weight   Morgan Stanley Capital International (MSCI) on Tuesday upgraded the Pakistan Stock Exchange (PSX) to Emerging Markets status; the inclusion<a href="https://www.pakistantoday.com.pk/2017/05/17/morgan-stanley-upgrades-pakistan-to-emerging-market-status/" title="Read more" >...</a>

May 17, 2017
Pakistan is open for business, says PM NawazNATIONAL

Pakistan is open for business, says PM Nawaz

Prime Minister Nawaz Sharif has said that Pakistan is highly attractive destination for investment that no global player can afford to miss. He was speaking at “One Belt-One Road Pakistan Investment Forum”<a href="https://www.pakistantoday.com.pk/2017/05/17/pakistan-is-open-for-business-says-pm-nawaz/" title="Read more" >...</a>

May 17, 2017
Business

British firm, IJARA ink JV agreement to improve healthcare

Kingsman Pharma Ltd, a company incorporated in the UK, and IJARA Capital Partners Ltd, on Tuesday, formed a partnership to improve the healthcare system in Pakistan and ensure a supply of<a href="https://www.pakistantoday.com.pk/2017/05/17/british-firm-ijara-ink-jv-agreement-to-improve-healthcare/" title="Read more" >...</a>

May 17, 2017
Business

Overseas chamber urges abolition of super tax

by AMER SIAL The Overseas Investors Chamber of Commerce and Industry (OICCI) has demanded that the super tax should be abolished, corporate and sales tax should be reduced aligned to regional<a href="https://www.pakistantoday.com.pk/2017/05/17/overseas-chamber-urges-abolition-of-super-tax/" title="Read more" >...</a>

May 17, 2017
Fertiliser importers appeal to PM for discontinuation of subsidyNATIONAL

Fertiliser importers appeal to PM for discontinuation of subsidy

Fertilisers Importers Council has written a letter to Prime Minister Nawaz Sharif over the non-payment of subsidy claims. The letter stated that the government had promised the DAP importers for payment of<a href="https://www.pakistantoday.com.pk/2017/05/17/fertilisers-importers-appeal-to-pm-for-discontinuation-of-subsidy/" title="Read more" >...</a>

May 17, 2017
Business

Abolishing FTR will discourage construction industry: ABAD

The Association of Builders and Developers of Pakistan (ABAD) has expressed concerned over the reported move of the Federal Bureau of Revenue (FBR) to abolish Fixed Tax Regime (FTR) for builders<a href="https://www.pakistantoday.com.pk/2017/05/17/abolishing-ftr-will-discourage-construction-industry-abad/" title="Read more" >...</a>

May 17, 2017
PTI workers storm Wapda House in Peshawar to protest power outagesNATIONAL

PTI workers storm Wapda House in Peshawar to protest power outages

Pakistan Tehreek-e-Insaf (PTI) workers led by the party’s MNA Ayesha Gulalai Wazir on Wednesday registered a protest in front of the WAPDA house against electricity load shedding and overbilling in the province.<a href="https://www.pakistantoday.com.pk/2017/05/17/pti-workers-storm-wapda-house-in-peshawar-to-protest-power-outages/" title="Read more" >...</a>

May 17, 2017
Britain’s labour party reveals ‘radical’ manifesto for next month’s electionForeign

Britain’s labour party reveals ‘radical’ manifesto for next month’s election

BRADFORD: British Labour leader Jeremy Corbyn on Tuesday unveiled a “radical and responsible” manifesto as the party hopes to close the gap against the ruling Conservatives before next month’s election. Corbyn, who<a href="https://www.pakistantoday.com.pk/2017/05/17/britains-labour-party-reveals-radical-manifesto-for-next-months-election/" title="Read more" >...</a>

May 17, 2017