Business

Pakistan’s bad track record becomes a hurdle in winning substantial trade benefits from Europe.

Pakistan has decided to request WB and ADB to either ease the conditions of a $3 billion loan.

The local bourse ended the week in the green despite the fact that Karachi wore a deserted look on Friday.

Pakistan gives guarantee to the International Monetary Fund that it will keep paying back loans and interest charges.

Pakistan State Oil stops the supply of fuel to the Hub Power Company and Kot Addu Power Company.

Analysts predict strong demand for the iPad in China, the world's largest internet market.

Federal Minister Syed Naveed Qamar will sign the agreement along with his counterpart ministers on September 20, 2010.

SECP approves the concept paper of much-awaited leverage product – margin trading system.

Government grants exemptions from GST on the use of electricity and natural gas to 150 registered industrial units.

President Sialkot Chamber of Commerce and Industry says Pakistan has potential to reclaim football market from China.

The open cycle of the project is expected to be completed in 30 months while the combined cycle will take 36 months.

The increase varies between 21 paisa and Rs6.18 per unit.

The stock market opened on a positive note gaining more than 100 points.

Gold has hit a fresh record after rising by Rs275 to reach Rs40,550 per tola (11.7 grams) on Thursday.

Building large dams without a broad consensus could be detrimental to national integrity, according to Zardari.

Cotton prices have shot up seven per cent in about one week.

A subcommittee has been formed to finalise details concerning the import of sugar into the country.

Deal involves Pakistan receiving "immediate and time-limited reduction" in duties on key imports to EU.

Adnan Khwaja has been removed as chairman OGDC as he is a NRO beneficiary.

CM Shahbaz says the government has decided to provide free seed to farmers as crops have been destroyed due to floods.

Delegation of the World Bank, headed by Carlos Silvani, arrived in Pakistan on Wednesday.

Munda Hydropower Limited has served a legal notice on the Water and Power Development Authority.

Price of onions has spiked to a new peak and ranging between Rs60 and Rs70 per kilogramme across the country.

Indus Motor Company (IMC) has announced an increase in the prices of Toyota cars.

Government is evaluating all possible ways to generate funds for rehabilitating flood survivors.

First consignment of a 320-megawatt dual-fuel power plant, gifted by the UAE, has arrived in Pakistan.

Refinery production declined by 18 per cent to 1.2 million tons in August on a year-on-year basis.

Women entrepreneurs are looking to raise Rs1 million to educate and train females.

Stocks fell with resistance above 10,000 points as investors awaited the outcome of SECP review.

Gold prices surged to record highs in international as well as local markets on Wednesday.

Hyper stores have emerged across the major cities of Pakistan over the last decade.

SECP has approved a concept paper for the margin trading system for equity trading at local stock exchanges.

Nokia World kicks off this week with the Finnish mobile giant laying out its plans to compete with the likes of Apple.

Britain and Denmark urge EU to grant trade concessions to Pakistan to help overcome flood devastation.

Government convened a meeting with representatives of power and oil companies to resolve inter-corporate debt issue.

Billing systems of most CMOs have been discovered accurate and instances of overcharging are few and far between.

Stocks surged on Tuesday to close above the 10,000-point psychological mark.

Pakistan has received over a billion dollars in relief goods, grants and soft loans from the international community.

Indus Motor Company’s sales have suffered the brunt of slowdown in rural areas following the floods.

Proposal for import of raw sugar as opposed to processed sugar was put forth by private sector and by experts.

Principal economic adviser was responsible for sending a different set of figures to PM Syed Yousaf Raza Gilani.

PIA’s woes continued as flights continued to be cancelled or delayed despite notice taken by the prime minister.

Various options to divert floodwater to Indus River, in view of water level in the lake, were put forth.

BIS announced a substantial strengthening of capital requirements for international banks.

Suggestions included interest-free loans for landholders in flood-hit areas and abolition of taxes on farm produce.

Meat One does not hope to make it big by targeting the rich – they want to sell to everyone.

Winning over trade concessions from the European Union and the US may not be of much help to Pakistan.

IMF had put forth several requirements for the release of sixth and seventh tranches.

Floods have caused a sharp fall in demand for artificial jewellery as sales dropped by 50 per cent.