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Hoarders earn abnormal margins on TCP sugar
Huge profits of Rs25 per kg translate to returns of more than a billion rupees.
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How safe are small planes?
Friday’s crash raises concerns for some firms.
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Gas pipeline in final stages on Iran’s side
Ball is in Pakistan’s court now, says Iranian official.
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President woos businessmen
Opportunities in infrastructure projects highlighted.
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DHL confident about country’s economic growth
Company’s post-flood volume up on orders from UN, other NGOs.
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Good day: Index hits 26-month high, volumes at six-month peak
Firm Asian markets, fresh buying among the triggers.
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Revenue collection targets revised downwards
Income tax collection target increases, indirect tax targets reduced.
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Government to impose RGST before November 14
The government also agrees to impose a 10 per cent surcharge on income tax in a meeting with the IMF.
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Forex reserves rise to $16.96 billion
Rupee firms, overnight rates rise.
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Gross refining margins down 20 per cent
Analyst fears oil prices will further cut margins.
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Pakistan energy crisis to hurt feeble government
Winning confidence of the IMF and donors becomes increasingly urgent.
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Top dog arrives to end catfight
Securities and Exchange Commission of Pakistan chairman heads to Karachi as KSE board meets.
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Finance minister acknowledges need to tax elite
Finance Minister Dr Abdul Hafeez Shaikh stresses increase in productivity in agriculture, industry.
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Cement sales at four-month high
More than half of total exports go to Afghanistan while India comes in second place.
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PC to float bonds for state-run companies
PC board gives go-ahead for floating equity-linked papers for state-owned enterprises in the international market.
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The potential of Pakistan’s insurance sector
CEO MetLife Alico says the size of the insurance industry in Pakistan is going to double over the next five years,
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Revenue collection exceeds target in October
FBR collects more than Rs105billion against a target of Rs104.3billion, Rs110billion target set for November.
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Stocks surge 85 points on fresh buying
Bulls enter stock market, IMF meeting news may drive the bourse in coming days.
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Bhit gas field closure to reduce supply
The closure of gas plant will lead to a shortfall of gas to SSGC in the range of 65 to 145 million cubic feet per day.
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IMF, Pakistan finally see eye to eye
Fiscal deficit target set at 4.7 per cent of GDP, RGST bill to be presented during parliament’s current session.
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Samsung's Galaxy Tablet aims to trump iPad
The Galaxy Tabs can make phone and video calls, while the iPad has no camera or built-in phone.
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Gas loadshedding to reduce
Sui Northern Gas authorities issue new gas load shedding schedule as gas supplies from Zamzama gas field resumes.
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Facebook launches location-based 'deals'
Facebook makes it easier for people to find deals at nearby shops and connect with mobile software applications.
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PIA plans fleet expansion
Defence minister says PIA will purchase 40 new planes over next five years to arrest its growing deficit.
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Wind mills can generate 50,000MW
Around 50,000 megawatts of electricity can be generated at a cost of 5 cents per kwh from the 1,046km coastline
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Cotton hits all-time high
The spot rate for cotton rose to record levels on Wednesday because of slow domestic supply.
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LSE eyes new investors
Management will be answerable to shareholders, says managing director.
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Consumer demand to revive economy, says SBP
Inflation greater threat than slowing economy, growth to be stunted this year.
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K-P businesses grieve at govt’s broken promises
Only a handful of industrialists and traders benefit from prime minister’s financial relief and incentive package.
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What to look for when buying a stock
The market has shot up 750% in dollar terms since 1998, says CEO BMA Funds.
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TCP to sell 250,000 tons in open market
TCP to sell 250,000 tons of sugar in lots of 50,000 tons each, every 10 days through open auction to highest bidder.
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Stocks end down as investors book profits
The Karachi Stock Exchange’s benchmark 100-share index ended 0.6 per cent or 64.22 points lower at 10,617.65.
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WB agrees to fresh funds for cash grants
Pakistan had earlier rejected propositions to channel funds from other projects.
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LPG prices surge by Rs9.6 per kg
Liquefied petroleum gas (LPG) prices have increased by Rs9,594 per ton.
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PSO refuses oil supply at subsidised rate to KESC
Lack of liquidity, communication between companies does not augur well for consumers.
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Media watch: A need for self reliance
Media discusses the current energy and economic problems being faced by Pakistan and suggests indigenous solutions.
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KESC announces end of loadshedding for industrial areas
Residents of Karachi also likely to experience some relief as loadshedding schedule reverted to original plan.
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Emirates posts $925m net profit
The airline’s revenue of $7.2 billion for the half year represented a strong growth of 35.5 per cent.
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Technology industry wins international accolades
Pakistan has won seven awards in six different categories in the 10th ICT Awards.
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Double whammy for car makers
Strengthening yen, weakening rupee force Indus Motor to increase prices.
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Pakistan joins economic programme
Pakistan joins CAREC, group to focus on work in transport, trade facilitation and trade policy.
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OMCs welcome reversal of tax rate
Finance ministry announces reversal of the turnover tax rate to 0.5 per cent.
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Nokia ups the ante, tries to reclaim lost ground
Head of Category Marketing confident despite the havoc wreaked by competitors to his company’s smartphone sales.
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IMF negotiations to conclude today
Tranche worth $1.3 billion contingent upon delegation’s report.
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KSE jumps on news of reduction in turnover tax
Approximately 108 million shares were traded during the day, KSE-100 index closes at 10,681.87 points.
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Concessional financing scheme launched
Financing to be provided at concessional mark-up rates through banks and DFIs, Rs10 billion allocated.
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Twenty three companies want in on wind energy projects
Federal information minister says the government will allocate 25 acres of land for the project.
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First round of negotiations with IMF conclude
The talks fail to produce concrete results, as IMF representative express several objections on RGST bill.
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Businessmen slam price hike
The Sialkot Chamber of Commerce and Industry (SCCI) has criticised the hefty increase in petroleum product prices.
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Engro sells Rs1 billion certificates
The asset-backed issue TFC is for a period of three years offering a return of 14.5 per cent.