Business

PC board gives go-ahead for floating equity-linked papers for state-owned enterprises in the international market.

CEO MetLife Alico says the size of the insurance industry in Pakistan is going to double over the next five years,

FBR collects more than Rs105billion against a target of Rs104.3billion, Rs110billion target set for November.

Bulls enter stock market, IMF meeting news may drive the bourse in coming days.

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.

Fiscal deficit target set at 4.7 per cent of GDP, RGST bill to be presented during parliament’s current session.

The Galaxy Tabs can make phone and video calls, while the iPad has no camera or built-in phone.

Sui Northern Gas authorities issue new gas load shedding schedule as gas supplies from Zamzama gas field resumes.

Facebook makes it easier for people to find deals at nearby shops and connect with mobile software applications.

Defence minister says PIA will purchase 40 new planes over next five years to arrest its growing deficit.

Around 50,000 megawatts of electricity can be generated at a cost of 5 cents per kwh from the 1,046km coastline

The spot rate for cotton rose to record levels on Wednesday because of slow domestic supply.

Management will be answerable to shareholders, says managing director.

Inflation greater threat than slowing economy, growth to be stunted this year.

Only a handful of industrialists and traders benefit from prime minister’s financial relief and incentive package.

The market has shot up 750% in dollar terms since 1998, says CEO BMA Funds.

TCP to sell 250,000 tons of sugar in lots of 50,000 tons each, every 10 days through open auction to highest bidder.

The Karachi Stock Exchange’s benchmark 100-share index ended 0.6 per cent or 64.22 points lower at 10,617.65.

Pakistan had earlier rejected propositions to channel funds from other projects.

Liquefied petroleum gas (LPG) prices have increased by Rs9,594 per ton.

Lack of liquidity, communication between companies does not augur well for consumers.

Media discusses the current energy and economic problems being faced by Pakistan and suggests indigenous solutions.

Residents of Karachi also likely to experience some relief as loadshedding schedule reverted to original plan.

The airline’s revenue of $7.2 billion for the half year represented a strong growth of 35.5 per cent.

Pakistan has won seven awards in six different categories in the 10th ICT Awards.

Strengthening yen, weakening rupee force Indus Motor to increase prices.

Pakistan joins CAREC, group to focus on work in transport, trade facilitation and trade policy.

Finance ministry announces reversal of the turnover tax rate to 0.5 per cent.

Head of Category Marketing confident despite the havoc wreaked by competitors to his company’s smartphone sales.

Tranche worth $1.3 billion contingent upon delegation’s report.

Approximately 108 million shares were traded during the day, KSE-100 index closes at 10,681.87 points.

Financing to be provided at concessional mark-up rates through banks and DFIs, Rs10 billion allocated.

Federal information minister says the government will allocate 25 acres of land for the project.

The talks fail to produce concrete results, as IMF representative express several objections on RGST bill.

The Sialkot Chamber of Commerce and Industry (SCCI) has criticised the hefty increase in petroleum product prices.

The asset-backed issue TFC is for a period of three years offering a return of 14.5 per cent.

Corporate profits surged to Rs62 billion during the quarter ended September 30 from last year’s Rs55 billion.

Saudi Aramco contract price (CP) climbed by $93 to touch $788 in the international market.

Donor expresses concern over failure to implement RGST and eliminate power subsidies.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.57 per cent or 60.13 points lower at 10,538.27.

Oil marketing companies reported a fresh increase in furnace oil prices, citing the spiraling cost of oil abroad.

MD SSGC says regular supply from Zamzama gas field to resume from November 4.

All Kharif crops missed their targets due to the unprecedented floods across the country.

SECP attempts to address differences among KSE directors, nominees express concern regarding “weakening of governance”

The government indicates it will focus more on agriculture and small and medium enterprises.

Use of online tools likely to increase as Internet penetration and credit card ownership go up.

International Chamber of Commerce Pakistan continues struggle to implement international road transit convention.

The idea is to think out of the box and come up with solutions which are necessarily a win-win for all.

More competition from corporate Pakistan will force the rural elite to corporatise or else be rendered obsolete.

Prices of petroleum products are raised by up to Rs7 per litre in the biggest single-time increase in years.