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World Congress: Easypaisa nominated for GSMA Global Mobile Awards
Easypaisa allows financial transactions including paying utility bills, sending or receiving money within the country.
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Attock Refinery to upgrade plant, boost gasoline output
Negotiating with government for change in pricing mechanism.
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Industry concerned over tight monetary policy
Says high interest rate impedes investment, trade .
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Solve power crisis, say industrialists
Kaira for fair distribution of gas among provinces.
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Be positive: Negative perception limits investment in stocks
IGI launches portal to provide online access to investment information.
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Merger: Arif Habib, MCB units ink deal
Board of directors, shareholdings decided.
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Forex reserves jump to record $17.28b
Reserves held by the State Bank of Pakistan (SBP) rose to $13.66 billion from $13.44 billion.
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Market watch: Karachi bourse follows regional market slump
Karachi Stock Exchange benchmark 100-share index ended 1.32 per cent or 165.74 points lower at 12,411.8.
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Board of Investment: Foreign investors to pay higher levies
Body to facilitate public-private sector dialogue.
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‘Tax evaders should face harsh punishment’
Low tax-to-GDP ratio causes Rs800b revenue loss annually.
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Global market: OGDCL’s equity-linked bonds to raise $1 billion
Petroleum ministry allows offshore sale of bonds of the oil sector's giant.
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Financing the revenue gap: Provinces refuse to bail out federation from financial trap
Refusal from provinces will further spoil Pakistan's case with the IMF which has suspended a $11.3b bailout programme.
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Concern voiced over livestock smuggling
Prices of skins and hides increase.
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Energy-efficient technologies: Punjab to collaborate with Dutch institute
Roadmap developed to resolve power issues.
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Promotion of legal trade: Traders in Chaman join hands
New fruit and vegetable market to bring in revenue.
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Textile exports surge 26% despite power cuts
Cotton cloth main contributor to growth.
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Oil production from Tal crosses 9,000bpd
Pakistan Oilfields to profit the most.
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Telecom: IT secretary appointed
During his tenure, he will make efforts to resolve issues of USF, research and development fund.
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Market watch: Stocks, volumes fall in volatile session
KSE-100 ends down 81 points.
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Foreign investment: SECP registered 23 companies last month
SECP registered 23 companies with foreign investment in December 2010, according to an SECP press release.
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Company boards: Focus on performance and not on numbers, says Unilever CEO
Mix of skills and experience is important.
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Cement prices rise to Rs340 per bag
Prices increase in Sindh due to rise in coal rates.
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State Bank lifts ban on currency export
The ban was implemented during the tenure of the last SBP governor Shamshad Akhtar to control capital flight.
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25 fastest growing companies announced
Winning firms break records in Middle East, South Asia.
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Farmers demand urea
Urea prices have risen from Rs850 per 50kg bag to Rs1,300 per bag in three months.
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Mangla Dam: WAPDA pays remaining compensation to AJK
Capacity of reservoir also enhanced.
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Transit trade: Pakistan to send first consignment next month
Trade coordination authority, arbitration tribunals to be set up to mediate and solve any possible conflicts.
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Imported palm oil prices a big concern
Local production of edible oil successfully experimented at facility developed in Thatta.
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Exploratory drilling down 32%
Exploration and production companies drilled only 19 wells compared with the target of 80 wells for 2010-11.
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Current account records $26m surplus
Remittances, US reimbursement provide support for current account to record surplus.
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ADB to give $100 million for gas-fired power project
UK-based International Power to build plant to help tackle power shortages.
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Mutual funds appreciate by 12 per cent
Equity category may outperform stock index, says analyst.
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Asians, Europeans keen to invest in Sindh
Livestock, dairy, poultry and fisheries seen as potential areas for investment by Asian and European companies.
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Investment shaved off: Templeton to cut holdings in emerging markets
Energy sector stock prices could be in for a bashing, OGDCL likely to be most impacted.
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Market watch: Profit-taking emerges after four-day bullish run
KSE-100 index ended 24 points lower at 12,658 on Tuesday.
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Arif Habib, MCB units all set to merge
Arif Habib Investments (AHI) and MCB Asset Management to merge, AHI to set up counters at MCB Bank branches.
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Wheat output to allow exports: Farmers
Food Ministry official says output might be near target, traders see 2 million tonnes in exportable surplus.
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Rental power company submits bank draft in SC
Techno Sahuwal Company submits draft of Rs1.825 billion as per the directives of the Supreme Court.
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Furnace oil prices rise
Rates up in line with increase in oil prices in international markets.
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Yield on sovereign bond continues to rise
Measure of risk rose by 14.8 basis points to reach 10.76%. Affects investor sentiments.
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Foreign firms to invest in sewage treatment plants
Government urged to take encouraging steps for development of water treatment plants.
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Thar coal mining: UK firm to raise funds for project
UK-listed mining firm Oracle Coalfields planning Pakistan’s first large coalmine.
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Competition Commission inducts new member
Federal government appoints Moin Batlay. Move takes strength of CCP to five.
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Convocation: Youth urged to be mindful of change
Graduates need to be bold and innovative to excel in the rapidly changing world.
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Economy to be back on track soon: Shaikh
Finance minister attends third session of Pakistan-Kuwait Joint Ministerial Commission, invites investors to Pakistan.
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Market watch: Stocks surge to 31-month high, volume at nine-month peak
KSE-100 index ended up 148 points higher at 12,681.94 on Monday, its highest close since June 2008.
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‘No credit facilities for middle class’
The microfinance sector witnessed impressive growth between 2003 and 2007 as the number of borrowers grew to 1.8m.
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Text messages: Prime source of revenue for cellular operators
Pakistanis sent 151.6 billion messages in calendar year 2009.
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Automobile sector: Policy for new entrants prepared
Policy prepared to encourage production of low-cost vehicles. Present assemblers will be provided protection.
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Talking business
The word ‘aid’ cannot be mentioned to our creditors without the word ‘reform’ in close proximity.














































