Business

Marks & Spencer and Solfruit International have expressed interest in Pakistani mangoes.

Both Maple Leaf and DG Khan Cement’s management were of the opinion that predatory pricing is likely to have ended.

The debt has reached a critical level of more than US$105 billion by end of financial year 2010.

Pakistan has signed a memorandum of understanding with Malaysia, VC of the Sindh Board of Investments said.

World Bank President Robert Zoellick said Friday the floods may have destroyed crops worth around $1 billion.

Engro Fertiliser is reducing urea prices because gas curtailment from the Mari gas network was less than expected.

OPI Gas Limited has announced its intention to acquire another 16 per cent stake in Shell Gas LPG.

Asian Development Bank has set an aim of increasing allocations for regional cooperation activities to 30 per cent.

ABL underperformed analysts’ expectations of their earnings by a decent margin and RBS losses plummeted further.

ICCI stressed that the promotion of industrialisation is the key to accelerating the pace of economic development.

Finance and chemical sectors indicate some increase in employment and continue to be resilient.

SBP decided to utilise the network of over 9,000 branches of commercial banks for distribution of fresh currency.

PIA is offering an optional life insurance cover to its passengers travelling from overseas to Pakistan.

Mobilink closed the first half of 2010 with revenues of Rs47.5 billion, showing an increase of 11.4 per cent.

The stock market dropped for the fourth day in a row as volumes tumbled during trade on Thursday.

Shareholders have announced that OGDC has earned Rs59.2 billion ($688 million) in net income for the fiscal year 2010.

The UN has said that the flood recovery costs for Pakistan’s agriculture sector and farmers could be in billions.

Pakistan’s trade deficit widened by 24 per cent in July as import growth surpassed the growth in exports.

With the onset of the holy month of Ramazan, Pakistan is beset with its worst natural disaster ever.

Closure of Pak-Arab Refinery has fueled a massive surge in prices of LPG in Punjab and Khyber-Pakhtunkhwa.

Analysts say initial estimates about negative impact of flood on Pakistan’s economy appear to have been exaggerated.

Federation of Pakistan Chambers of Commerce and Industry pledged donations worth Rs25 million for flood victims.

KSE has developed a new platform for reporting ‘off-market transactions’ called Negotiated Deals Reporting Counter.

The State Bank of Pakistan has asked banks to set up and maintain a fully dedicated Agriculture Finance Department.

Stock market fell for the third consecutive day this week to close at 9,875.68 points as investors remained cautious.

Overseas Pakistanis sent home remittances worth $791.19 million in July.

Due to rapid development seen in the market, Samsung is focused on establishing more service centres in Pakistan.

Authorities are afraid that food prices may increase in coming months due to disruption caused by floods.

Sales have fallen 31.6 per cent in July as prices rose after the government increased the GST to 17 per cent.

Pakistan’s catastrophic floods mean it will miss this year’s 4.5 per cent gross domestic product (GDP) growth target.

Shan Foods has asserted that the PSQCA does not have the expertise to certify the company’s products

The SBP and all offices of SBP Banking Services Corporation will remain closed for public dealing on first Ramazan.

Steel production is expected to increase to 10 million tons by the year 2015 and 20 million tons by 2020.

The Consumer Price Index (CPI), the key indicator of inflation, likely rose by 12.34 per cent year-on-year in July.

A Cartoon Network survey has revealed that Pakistan’s children have a total spending power of Rs21.45 billion.

Stocks tumbled for the second day running on Tuesday, falling below the 10,000-point level.

A Cartoon Network survey has revealed that Pakistan’s children have a total spending power of Rs21.45 billion.

Lucky Cement Limited has declared a lower-than-expected net profit of Rs3.1 billion, down 31 per cent on yearly basis.

Nearly 55 per cent of the total potential for intra-regional trade in South Asia has not been exploited.

India is set to produce bumper crop of sugar and cotton in 2010-11 part of which is likely to be absorbed be Pakistan.

The LCCI has appealed to the PM and Chief Justice to constitute a high-powered committee to sort out issues.

Hub Power Company’s (Hubco) net profit surged 47 per cent to Rs5.6 billion for fiscal year 2010.

Stocks tumbled on Monday closing marginally above the crucial 10,000-point level.

Oil sales rose 10 per cent in the first month of the current fiscal year when compared with July last year.

The price of sugar has hit Rs72 per kilogramme in the retail markets of Karachi and Lahore.

Supplies of cement all across Pakistan have been disrupted due to excessive flooding in all provinces.

Recent floods have seriously affected the infrastructure of telecommunication services in Khyber-Pakhtunkhwa.

Pakistan can earn $15 billion if it identifies the untapped potential of branding sports goods.