Business

Company keeping its focus on market for home appliances for now.

Industry assets under pension funds have risen at annual rate of 45%.

Local supermarket chain introduces new services in more spacious outlet.

Government to forward cases older than a year and a half to corruption watchdog.

Strong corporate earnings and foreign inflows propel market to record high.

Budget for the year 2013-14 will be prepared by the new elected government, says Mandviwalla.

A jury had wrongly calculated the damages.

Increase of Rs3.53/litre on petrol will be revoked as per the prime minister's order.

Minister Mukhtar says that the Kalabagh dam would help in addressing load shedding and flood alleviation.

Yahoo said its app for Blackberry smartphones would no longer be available for download, or supported by Yahoo.

Punjab’s textile industry got gas for five days a week in summer.

Exports sales rebounded strongly in February with a MoM jump of 29%.

Aim to implement modern techniques within their own farms.

Equity watchdog asks company to pay Rs800,000 within 30 days.

Govt is missing in action as outstanding dues touch Rs200b.

Benchmark KSE-100 index gains 12 points.

Ministry officials attribute the decline to stagnant house rent.

Analysts, however, believe govt will lose potential taxpayers.

As L/Cs mature, PSO finds itself severely short of cash to finance operations.

Zero-duty withdrawn from textiles, sports and surgical goods, leather and carpets; tax on tea enhanced to 16%.

Seminar speakers ask businesses to be aware of WTO rules.

TUSDEC develops plan to bridge technological gap, enhance productivity.

Will ask local companies to discuss opportunities with Pakistani firms.

Farmers are forecast to churn out 14.1m bales next season.

Says samples were tested by two different laboratories.

Gross premiums grow 47% to Rs12.1b, supporting healthy profit growth of 47.7%.

Benchmark KSE-100 index gains 93 points.

Earnings will change following a court decision on a petition filed by the company.

Authority, operators fail to build consensus regarding the procedure.

Analysts welcome move as it will improve transparency in company’s financials,.

Pakistan asks for $2.5 billion each from the two lenders.

It makes no sense to keep pumping in money without first ensuring PIA goes through a process of economic cleansing.

Decision will enable foreign investment in the alternative energy sector.

Will have special zones for Halal units and female entrepreneurs.

Association calls move a ‘positive step’ towards export promotion.

Central bank will strive to stabilise macro variables.

Pakistan-based consultant firm to design the dam funded by Kabul.

Company announces additional investment plans costing Rs600m .

Benchmark KSE-100 index gains 186 points.

Profits increase after company’s Narowal plant comes online.

Approves sale of remaining commodity despite doubts over its quality.

Sources say that dispute involves finance disruptions from Iran’s side.

Will provide $900m for power sector’s expansion during the next two years.

Discusses promotion of new technologies in basmati rice cultivation.

FBR has imposed a 20% tax on companies, exporters to boost collection.

Law minister says move could violate Lahore High Court orders.

Govt decides to enhance share of alternative energy from 5% to 20%.

App has received generally positive reviews; users say they want more.

Benchmark KSE-100 index falls 126 points.

Company to invest in its “emerging categories”, continues to pursue delisting.