Business

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.

SECP assured members of KSE that the proposed margin trading system will be on the agenda of the September 15 meeting.

PIA pilots' 'Go-Slow' policy continued on the third day of Eid as several flights were delayed or cancelled.

Recent estimates of losses from the floods have been placed at a range between $10 billion and $20 billion.

World Bank’s Board of Directors on Thursday endorsed the $115.8 million Karachi Port Improvement Project.

Traders say Eid-ul Fitr best selling period in the past with up to 1,000% profits, current situation desolate.

Karachi Stock Exchange (KSE) as volumes fell another 30 per cent over the preceding week’s already dismal tally.

Federal Bureau of Statistics reported that trade deficit shrank to $1.23 billion.

Zamzama gas field in Dadu, which had previously been under threat of inundation, resumed 75 per cent of production.

According to international donors, NGOs should be allowed to manage their resources independently.

Historic amount of $933.06 million was remitted by overseas Pakistani workers in August 2010.

The textile company’s net profit surged 129 per cent to Rs2.9 billion from last year’s Rs1.27 billion.

Customers are facing a hard time drawing cash as many ATMs of different banks stand out of order.

Foreign exchange reserves eased to $16.07 billion in the week ended on September 3.

Equities closed in the negative as investors remained cautious on the last day of trading before the Eid holidays.

Continued security challenges, setbacks from the global economic downturn have reduced Pakistan’s score in the WEF.

Federal government has introduced differentiated tariffs to be implemented on bills sent after September 1.

Car sales shot up to 19,625 units in August, compared with the 9,796 units sold in July.

CPI increased 13.23 per cent in August compared with the same period last year.

If Haiti recently can have its debt written-off in the wake of devastating natural calamities, why can't we?

The strongest argument for land reforms is the enormous burden of rural poverty, associated with rising landlessness.

SBP has been functioning without a governor for the past one week.

Provincial governments have requested for an increase in their budget overdraft limits by Rs22.6 billion.

Captain Nadeem Yousafzai, a former pilot of PIA, has been appointed DG of the CAA after prolonged deliberations.

Yield on six-month treasury bills rose to 12.77 per cent in an auction held on Wednesday.

Oil sales have dipped 24 per cent to 3.3 million tons amid flooding across the country during August.

The stock market moved up a gear on Wednesday as equities climbed on the back of participation.

At the height of the financial crisis of 2008 it looked as though the Arif Habib Group may not survive.

Fresh investments into the country and remittances ahead of Eid holidays helped the rupee gain against the US dollar.

The country consumes about 2.2 million tons annually and is the world’s fifth largest exporter of the grain.

Delays in the import of liquefied natural gas have cost the nation hundreds of millions of dollars.

Imposers have said that tax will not only hurt major sectors of the economy but will also increase prices.

The government is relying on an increased flow of aid — post-flood — to help it deal with its fiscal pressures.

Siemens Pakistan Engineering Company leads the top 25 list, followed by Rafhan Maize Products and Nestle Pakistan.