Business
More News
-
‘Fruit smuggling costing Pakistan at least $40m’
Trade will dent further due to sanctions imposed on Iran.
-
Fate of EU concessions package uncertain
May be redrafted after opposition from Spain, Portugal and Germany.
-
Body tasked with GM crop approvals effectively dysfunctional
Developmental project expired in August 2011, has been dormant since.
-
Car sales decline for the first time this year
Suzuki’s lower segment falls behind rest of the pack.
-
Tug of war: Ministries differ over incentive package for IPPs
Power ministry proposes waiving penalty, paying full capacity charges; finance ministry refuses.
-
Pay for other’s inefficiency: Power consumers to bear interest cost of TFCs
Interest will be around Rs10.6b on certificates worth Rs80b.
-
Budget forecasts: Forex reserves to almost halve by June 2013
Annual plan committee paints a bleak picture for the next fiscal.
-
Remittances rise over 20% to $10.88 billion
Monthly remittances during first ten months of fiscal 2012 average $1.09 billion.
-
HP Global Influencer Summit concludes
Company’s leadership terms bendable touch screens as the way forward.
-
‘Petroleum ministry needs to take control of OGRA’
NA body sends 50 recommendations to govt but in vain.
-
Government concedes delay in IP gas pipeline project
Official says Islamabad is facing difficulty arranging finances for project.
-
Market watch: Stock market takes a beating
KSE’s benchmark 100-share index plummets 193 points.
-
Indus Motor for gradual cut in import duties
CEO says this will help increase local vehicle production.
-
Trade deficit overshoots annual estimate by $5.5b
Drop in exports, double-digit growth in imports widen trade gap.
-
Fauji Fertilizer cuts prices to regain market
Gap between local and imported fertiliser drops to Rs50 per bag.
-
Power dues: IPPs delay legal proceedings against government
Govt asks for time to hold ECC meeting to resolve the issue.
-
Pay up, or else: PARCO seeks advance payment for oil supply to PSO
Oil marketer asked to open letters of credit for getting deliveries.
-
ESCAP report: UN urges Pakistan to subsidise agriculture
Advice at cross purposes with anti-subsidy rhetoric of Bretton-Woods institutions and the US.
-
Mobile subscribers in Pakistan cross 118 million mark
Over 2 million subscribers added in March 2012.
-
India for removal of barriers to investment
Indian institutions interested in taking stake in Pakistani bourses.
-
Oil sales fall for fifth straight month
Petrol bucks the trend and rises amid increase in CNG outages.
-
Comment: No, if you ignore a default, it does not go away
Govt’s fiscal policy is a mess, because it effectively has no real energy policy.
-
Market watch: Bourse recovers lost ground
KSE’s benchmark 100-share index jumps 100 points.
-
Stamp papers with improved security features introduced
Average sale jumps Rs5.6 million following security improvements.
-
Mari Gas tries to keep Auditor General away from its accounts
Firm once again tries to double funds provided by provincial govt.
-
US, Japanese markets to remain out of reach
Pakistan likely to face a 30% drop in mango production.
-
‘Agriculture sector lacks efficiency, competitiveness’
Asad Umar addresses problems of Pakistani agricultural sector.
-
Passing the buck: Govt considers removing cap on gas cess, petroleum levy
Move, if approved, will pave the way for increase in tax rates to finance IP pipeline.
-
Tackling circular debt: Govt to issue Rs70b term finance certificates
Power tariff to be increased by Rs1.20 per unit soon.
-
Power sector dues: Govt defaults on sovereign guarantees
Move to affect govt’s creditworthiness; IPPs threaten to take legal action.
-
LoC trade: Pakistani traders return consignments to India
Claim products were of substandard quality.
-
‘Energy sector should be given priority over fertiliser industry’
Minister for diverting more gas to power producers.
-
Unified gateway for incoming international calls on the cards
PTCL to act as a gateway for all traffic.
-
Market Watch: Oil stocks drag down bourse
KSE’s benchmark 100-share index falls 104 points.
-
Supply chain experts find networking opportunity
Conference discusses improving productivity through efficient supply chain.
-
Once again, Pakistan asks China to finance IP gas pipeline
United Energy Group expresses interest in the project.
-
Russia brings the Superjet to Pakistan
Aircraft maker Sukhoi hopes to tap local aviation market.
-
Rs37b may be allocated for nuclear power plants
Two plants of 2,000MW capacity will be purchased from China.
-
Priority expenditure: Govt plans to spend Rs208b on water, power projects
Will provide Rs78.2b for power projects, PEPCO to arrange another Rs86.03b.
-
Reverting to old base year: Economy grows by 3.67% this year, but misses target
Growth is around 1% higher than previous estimate of 2.8%.
-
Average internet speed 741kbps in Pakistan: Report
Report says average internet connection speed stood at 741kpbs during fourth quarter of 2011.
-
Taxmen eye marriage expenses, school fees
FBR also proposes withholding tax on manufacturing to generate Rs100b extra.
-
Sino-pak friendship: Orient expands energy projects
Orient to expand in the power sector, intends to enter oil and gas sector to help the country meet its energy needs.
-
President takes notice of Faisalabad load-shedding
Directs authorities to address industrialists’ problems.
-
Agriculture lacks post-harvest technology
True potential of industry yet to be exploited.
-
Market watch: Bourse starts week on dull note
KSE’s benchmark 100-share index ends range-bound.
-
LPG industry considers challenging new safety rules
New conditions make it difficult to invest in capacity expansion.
-
Manufacturers oppose EDB’s proposed duty cuts on autos, parts
Say implementation of proposals will ruin local industry.
-
Stock exchanges demutualisation bill signed into law
Commercial, regulatory functions separated.
-
Govt plans to tap Thar coal reserves
Joint venture projects to generate up to 2,500MW.
















































