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Fiscal irresponsibility: Spendthrift govt digs a massive hole for the economy
Fiscal Responsibility and Debt Limitation Act violated for fifth year in a row.
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Trade blocs
Lack of progress in multilateral trade negotiations within the WTO framework is also a factor that encourages RTAs.
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MFN status– first step towards trade integration
Most Pakistanis approve of it, the only problem is finding the perfect time.
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The commandment of economic domination: Covet thy neighbour’s markets
To achieve economic independence, Pakistan must look at all markets, be they Muslim or non-Muslim.
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Barnyard bully: Regionalisation – not globalisation – is the way to go
Maximising regional trade potential could lead to a restricted global presence.
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Global clusters: What it takes for a regional trade bloc to work
Signing a trade agreement or just good intentions alone will not get the job done.
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Striking transporters threaten nationwide strikes
KCCI announces support, asks govt to resolve situation immediately.
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Mobile banking sees a surge of new entrants
Impressive growth likely to continue but regulation has to keep up.
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If you have ideas, nothing should stop you from making money: Mohsin Syed
NIP to set up two industrial estates in and near Karachi.
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Impact of sanctions: Pakistan unsuccessful in attempts to export wheat to Iran
Plans to use part of receipts to clear unpaid bills for power import.
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IP gas pipeline: Contract to be awarded to Iranian Tadbir Energy on Monday
Cabinet’s go ahead and waiver of PPRA rules clears way for award of contract.
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Weekly Review: Earnings season pushes KSE-100 to 17,266 points
Investors cast aside political tension and participate actively in the market.
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Microfinance: PTCL’s U Microfinance given nationwide licence
In August 2012, PTCL was allowed to acquire 100% shareholding of Rozgar Microfinance Bank Limited by the SBP.
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Textile millers attend fire safety seminars
In wake of Baldia incident, 150 companies participate.
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Striking goods carriers disturb export shipments
Textile exporters fear big losses, cancellation of orders.
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Majority of people remain out of the financial system
SBP deputy chief calls for building an inclusive, stable financial sector.
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Economy closely linked with power production, says Sethi
Significant progress on Diamer Bhasha Dam to be seen in coming days.
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Market watch: Bourse ignores security concerns, hits record high again
Index closes at 17,266 points, highest in history.
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Aspiring railways employees must wait for elections
Recruitment suspended by election commission till further notice.
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More certifications to be made mandatory for capital market professionals
Institute of Capital Markets to increase number of certifications offered.
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Not as it seems: ‘Cartel’ helps telecom sector beat the market
Investors betting on inflated results in post-ICH quarter: analysts.
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Breaking downward streak: Inflation rebounds; clocks in at 8.1% for January
Raises chances of increase in interest rate to control climbing prices.
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Renewable Energy: Technology to be acquired from China
The business corporations in China had expressed keen interest in establishing power plants in Pakistan, says Afridi.
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KSE can grow 25% ‘within days’
Given favourable conditions exist in Karachi: KSE MD.
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Market watch: Bull run continues at stock exchange
Market gains 33 points in mixed session.
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Corporate results” Fatima Fertilizer closes the year Rs6 billion richer
Fertiliser producer manages to double revenues, announces Rs2 per share dividend.
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For a few pennies more: Chinese firm may abandon project over tariff row
China Three Gorges Corporation is working on 720MW Karot power project, for now.
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Pak Railways ready to take over Business Express
Train service is currently suspended as dues of private operator pile up.
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No surprise: Pakistan misses growth target, again says SBP
Annual report warns of structural problems in energy sector, public sector enterprises and fiscal mechanism.
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Too little too late?: Gwadar port transfer to China wins cabinet nod
Multi-billion dollar Iran-Pakistan gas pipeline also given the go-ahead.
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US investors take interest in oil, gas exploration
Diplomat asks Pakistan to publicise benefits of new petroleum policy.
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Power tariff goes up by Rs1.33 per unit
Increase will not apply to household and KESC consumers.
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Pakistan to market rice in Central Asia
TDAP will hold fairs, take delegations to promote rice varieties.
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WAPDA to start constructing three dams
These have a cumulative generation capacity of 1,540MW.
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Women underrepresented in corporate Pakistan
Speakers at a conference discuss gender inequality in C-level jobs.
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Abu Dhabi Group now sole owner of Warid
Buys out SingTel’s 30% stake for $150 million.
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Trade liberalisation: India highlights Pakistan as major beneficiary
India presents defence in favour of normalisation as process hits snags.
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Crop, livestock insurance products launched
Weather-indexed facility to protect small farmers.
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Market watch: Bourse continues to breach historic highs
Positive local and foreign interest, macroeconomics boost KSE 167 points.
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Verdict, delivered: ECC scraps $25 billion LNG import project – again
Gives gas utilities sweeping powers to negotiate with buyers.
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New technology: Monsanto sows genetically modified corn
Crop to provide samples for farmers, academia.
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KCCI to collaborate with ACCA Pakistan
Two bodies sign MoU to promote greater cooperation.
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Smart monitoring: TDAP to utilise market intelligence to enhance exports
Says it is focussing on expanding trade with the help of proper data.
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Bank Alfalah, Warid to offer branchless banking
Abu Dhabi Group companies latest entrants in mobile banking market.
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Lotte Pakistan’s profits dive 81%
Shrinking margins, lower finance income negate austerity measures.
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Lucky Cement on a hot streak: earns Rs4.3b in first half of fiscal 2013
Strong local demand, better margins boost bottom-line.
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Corporate results: Attock group posts mixed results
Attock Petroleum’s net profits for the first half of fiscal 2013 (1HFY13) clocked in at Rs2.155 billion.
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Market watch: Earnings overshadow macro worries
Benchmark KSE-100 index falls 51 points.
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SECP to protect minority shareholders
Task force will identify weaknesses and gaps in current mechanism.
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Diamer Bhasha Dam: United States to provide major chunk for project
Promises to help Pakistan pull out of the energy crisis.