Business

Captain Junaid Yunus appointed managing director.

Deal includes upgrade of refining units, power generation capability.

World Bank, WAPDA discuss cooperation in water, power projects.

Growth comes on back of lower provisioning expenses, higher dividends from associates.

Profits swelled 4.5 times to Rs1.44b from Rs318m, during first quarter of fiscal 2013.

Conditions precedent to completion of deal have finally been fulfilled.

Stresses importance of environmental standards, project timelines.

Benchmark KSE-100 index rises 12 points.

National carrier’s threat to cease private venture’s operation works as payments start flowing in.

Wants to link it with price of Brent crude, along lines of IP gas pipeline project.

Pakistan, Iran to sign $250m loan agreement next month.

PM Ashraf also appointed Captain Junaid Younus as Managing Director (MD) PIA.

The court in The Hague ordered Apple to pay legal costs of around 324,000 euros ($421,000) to Samsung

Declining revenues, squeezed margins leave earnings suppressed.

Company announces first interim dividend of Rs1.75 per share.

Dealers want price cut to match with rates in other countries.

Acknowledges Faisalabad contribution to national growth.

Australian trade commissioner says Pakistan should import technology.

Investors to get access to pooled investments.

Legislators want swift completion of work in their constituencies.

Benchmark KSE-100 index rises five points.

Between populist spending and institution-building, politicians always pick former.

Possibility of reducing age limit for imported used cars to be reviewed.

This will generate funds, meet entire cost of Diamer Bhasha Dam.

"If you continue to add to the sanctions, we will stop our oil exports to the world," Oil Minister Rostam Qasemi...

The new phase is reportedly going to be largest in DHA

German government and multinationals to help train workers for modern industries.

BoK CEO Mustafa says that BoK’s total deposits as of September 30, 2012 depicts 46% growth compared to September...

Fertiliser manufacturer announces cash dividend of Rs2.5 per share, taking total payout to Rs10.5.

Chinese, Pakistan central banks sign deal for investment in Beijing’s debt market.

Nascent local industry will suffer trade is liberalised: PAAPAM.

Petroleum ministry wants continuation of weekly oil prices review.

Will join hands with businessmen to explore new areas.

Benchmark KSE-100 index climbs 56 points.

While the scandal was damaging, the company was able to use it to its advantage.

Proposal unlikely to be accepted on fears of political backlash.

Says power companies should get priority as per PM’s decision.

The move is taken despite a parliamentary resolution against weekly price change.

Chairman says two-thirds majority needed to change constitution.

All it does is force you to save, but no financial product can fully protect you from yourself if you’re...

As interest rates come down, banks look for new sources of revenue

Country’s share is lowest in the region, pointing towards untapped potential.

Higher formal sector employment, rising savings rates, easier access to policies cause coverage to expand.

Digital marketing should not be used as an icing on the cake.

Local companies complain foreign firms being given mega projects.

Planned import of 2,300 dairy cows may not take place.

Govt is trying to counter outflows with inflows to avoid pressure on forex reserves.

In the absence of significant triggers, earnings announcements dictate trends.

CNG price to also come down by a maximum of Rs2.12 per kg.

Govt working on trade pacts with a host of countries.