Business

Pakistan will not be able to meet international trade orders during the Eid season this year due to the recent floods.

The fall is mainly expected on the back of higher plant maintenance and overhaul costs incurred by the company.

Rumours regarding senior PIA captain Nadeem Yousafzai’s appointment have not been confirmed by CAA officials.

Outlook on long-term local currency deposits of five Pakistani banks has been changed from ‘stable’ to ‘negative’.

Investors remained cautious on the back of revised economic estimates projecting higher inflation.

Gold prices fell by Rs42 to Rs33,900 per 10 grams on Thursday as the international prices also declined.

Livestock losses have reached almost Rs5 billion in K-P due to the havoc wreaked by the recent floods.

Reserves held by the State Bank of Pakistan rose to $12.37 billion from $12.35 billion.

If approval is given by IMF's executive board, the money is likely to be disbursed this month.

The government, in yet another display of spineless cowardice, has proposed to increase income taxes.

Mobilink, Meezan Bank, PIA, DHL, BMW Group and Cathay Pacific Airways contributed to flood relief.

Presently 100 industrial units including some big multinationals are already in operation.

The board reached a consensus that an improved post-harvest management infrastructure can help reduce losses.

SECP has blocked an attempt by the member-directors of the KSE to remove the chairman of the KSE board.

Donors have pledged assistance of approximately $1 billion but only 15 per cent has been released so far.

The problem is that the government feels it can control prices of politically sensitive commodities.

More than Rs2.5 billion in revenue is being lost on a monthly basis by the FBR because of decreased GST collection.

Karachi stock market closed in the negative on Wednesday as equities failed to sustain the gains witnessed on Tuesday.

Pakistan’s next wheat harvest is at risk after floods destroyed more than 0.5 million tons of seed stocks.

Oil refining companies have slashed prices of furnace oil by around five per cent.

Inter-corporate debt has ballooned to Rs300 billion and authorities are considering penalising KESC.

Pakistan's worst floods in decades have damaged 3.6 million hectares of standing maize, rice, cotton and sugar cane.

The government has failed to control expenditures and increase revenues for the second consecutive year.

The larger cotton belts in the country remained unharmed by the flood disaster.

The stock market shot up 297 points, the highest gain recorded in ten weeks.

Allowing greater access to American markets for Pakistani products will now be promoted globally by the government.

Textile manufacturers are seeking replacements for raw material supply.

Many say the downward trend can be attributed to uncertainties over discussions with the IMF.

The authorities now face a daunting task of collecting Rs170 billion in September to meet the first quarter target.

3M provides antidotes to fake degrees, power outages and more.

The Public Accounts Committee has also been ineffective as irregularities were pointed out by the office of the AGP.

For individual investors mutual funds provide numerous benefits.

Vegetable exports have recorded a decline in the vicinity of $16 million to date as a result of losses.

The company announced a final dividend of Rs10 per share for the year ended June 30, 2010.

The ministry of special initiatives has immediately sought Prime Minister Yousaf Raza Gilani’s intervention.

All car assemblers including Indus Motor, Pak Suzuki and Honda Atlas have announced quarterly or full-year results.

TCC has submitted its feasibility study to the government of Balochistan, seeking mining licences.

Devastating floods wash away grain stocks and raise concerns about the next crop.

(WB) delegation, headed by Carlos Silvani, is expected to arrive in Pakistan on September 14.

As soon as an IT professional attains experience, he feels consumed by the need of finding a high-paying job.

The market opened the week in the negative as investors preferred to stay on the sidelines.

The donation will be given to a humanitarian organisation operating in the country called CARE.

It is not uncommon to hear about relief attempts being hampered due to insufficient logistical planning.

More and more businesses worldwide are contracting out functions that were previously thought to be important.

What is most important is to invest some resources in analysing the flood path with areas that are low lying.

The recent transit trade agreement with Afghanistan goes in Pakistan’s favour.

Pakistan will not be able to recover in one year, so it may allocate resources every year to gradually reduce losses.

There is nothing wrong with having a credit card, but nobody should ever use one for absolutely any reason whatsoever.

Devastation of economic and social fabric due to floods demands international and local collaboration for survival.

Pakistani banks appear to be little concerned about matters such as their fiduciary duty to their depositors.