Business

Shafqaat Ahmed has been appointed first president and chief executive officer of Al Baraka Bank (Pakistan) Limited.

Economic crisis could deepen as industry fails to meet export orders.

Trade associations and businessmen have decided to launch a series of protests against the three-day gas cut.

Rupee flat, overnight rates rise.

National carrier managed to complete Hajj operations by itself, says MD.

Federal Minister for Commerce Amin Fahim hints at banning livestock export.

Growing Indian economy can help boost opportunities for Pakistan.

The Karachi Stock Exchange benchmark 100-share index ended 2.19 per cent higher at 11,205.84 points.

SBP governor requested to prepare plan for turnaround of Pakistan Railways.

Gas production from Qadirpur gas field has increased to 513 million cubic feet per day (mmcfd).

Action part of energy sector reforms pushed by the International Monetary Fund (IMF) to overhaul the bleeding sector.

Cost of debt servicing is going to rise faster than ability to service new debt.

The State Bank will unveil the next monetary policy on November 29 and all eyes will be on the interest rate.

Many businesses are exploring the possibility of letting employees use iPhones and Android phones for corporate email.

At the heart of the WEF lies one common conviction: the entrepreneur is a creator of wealth and social justice.

A new world monetary order needs to be settled on and soon.

No matter how low the tax rates, every citizen of a democracy will express outrage when asked to pay more.

CM discusses various matters related to ongoing and upcoming hydropower projects in the province.

Delegation to inspect advanced technology.

Cotton prices may rise once again to Rs10,000 per maund (37.324 kg) on the back of shortages and heavy demand.

Supply of electricity from the Kanupp to KESC was shut down after power plant encountered technical problems.

SBP had earlier issued instructions to banks to collect CNICs from all account holders and supply records to LEAs.

Ambassador to US Hussain Haqqani cost of doing business in Pakistan compared favourably with its peers in the region.

Average volumes at KSE plummet 58% as most investors leave early for Eid.

100% increase in smuggling of animals recorded before Eid, says ministry.

Revision of RGST to 15%, month’s delay in imposition cited as reasons.

Age of imported cars has been raised from three to five years.

France approves release of €300 million for Pakistan’s economic development.

Growing economies of Pakistan, India to get clean fuel.

Pakistan Development Forum concludes with not much in pledges.

Report on the bill will be presented within the next 14 days.

Two-day holiday was hurting business, claim representatives.

Debt servic­ing to increa­se when repaym­ents to IMF start next year.

Worldwide food import bill could top $1 trillion in 2010 — Food and Agriculture Organisation (FAO).

Market share presently stands at 6 per cent.

Lack of government interest blamed for slowdown.

Recent auctions conducted by the TCP received anything but a warm response from the market.

Prime Minister Yousaf Raza Gilani told corruption in Federal Board of Revenue (FBR) decreased.

Provincial Finance Minister Tanvir Ashraf Kaira says Punjab government created the sugar crisis.

Twitter wants to friend Facebook but the hot Internet stars have been unable to make a relationship work.

Pakistan Railways faces a Rs2b shortfall in first quarter of current fiscal year; last year's deficit was Rs36b.

Career networking website LinkedIn grows as people seek to keep professional lives separate from private antics.

Pakistan has been ranked by the World Bank as the best place to do business in South Asia for three years in a row.

Jet has many features which make it more attractive than any other fighter aircraft of its category, says air chief.

‘Prices have not changed since November 3’

Conducting raids on manufacturing units, stores and offices allowed.

Most significant increase seen in local private banks.

State-run units will be making profits within six months, say businessmen.

External financial assistance, buoyant remittances reduce risk.

Law will allow the annexure of property by the FBR at price 10% above declared value.