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FBR seeks proposals for national budget 2013-14
Asks the business community to send in recommendations next month.
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Diversifying business: Fashion brand maker to open restaurant chain overseas
Energy crisis forces Paragon Fashion to enter into new venture.
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KLF: Session on political economy highlights workings of the deep state
Panellists choose to stick to the sociology and politics of Pakistani society.
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Financing plans: Govt to collect $1b in cess for funding gas pipeline
Gives firm commitment to Iran under cooperation agreement.
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Weekly review: Index continues relentless drive towards new highs
Strong corporate earnings provide a sturdy platform for market’s growth.
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Real estate: Abu Dhabi Group to invest $45 billion in Pakistan
Malik Riaz of Bahria Group signs contract to bring record foreign investment into the country.
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Forex spread: SBP open for complaints against exchanges
Complaints must be accompanied by a copy of NIC of the complainant, purpose of transaction and other related details.
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Canada encourages exporters with tariff cut
Asks Pakistan’s businessmen to capitalise on the opportunity.
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German diplomat says no shortcut to GSP+ scheme
Says Germany will lobby for approval, but reiterates that ball is in Pakistan’s court.
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Market watch: Oil sector drives the bourse to a new record
Benchmark KSE-100 index gains 31 points.
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Corporate results: Fertilizers decimates otherwise strong year for Engro
Foods now the largest subsidiary of the conglomerate by any measure.
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Bureaucracy blocks EOBI’s investment in energy projects
It wanted to invest billions of rupees in Diamer Bhasha Dam, LNG import.
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Federal Board of Revenue moves to curb corporate tax evasion
Approves risk parameters for audit of suspected tax dodgers.
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Pleasing foreigners: Ban on import of CNG kits may be partially lifted
Economic Coordination Committee to consider the proposal in its upcoming meeting.
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Beat that!: Dealtoday.pk, making offers you can’t refuse
Website is fast gaining popularity with its unbeatable discounts on popular consumer products.
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Raising finance: Bank Alfalah’s fifth TFC to help expand asset base
Eight-year, unsecured investment certificate to pay out profits twice a year.
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CAA’s head of standards appointment marred with obscurity
Officials say appointment illegal as per rules; PIA denies allegations.
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Circular debt: PSO convenes emergency meeting
PSO required Rs51 billion to retire its letter of credits this month.
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State Bank to auction T-bills, bonds online
Says the automated system will increase efficiency, cut risk.
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Nishat Power posts 39% higher earnings
Reports a profit of Rs1.4b for first half of fiscal 2013, announces Rs2 per share interim dividend.
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FBR extends withholding tax to all registered companies
Previously, the tax was applicable only to firms registered in large taxpayer units.
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Market watch: Index-heavyweights, earnings boost bullish momentum
Benchmark KSE-100 index gains 69 points.
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Corporate results: ABL hit hard by State Bank policy rate cuts
Manages to post 16% higher profits on lower provisions, higher non-core income.
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‘Cracks’ appear in ties between Pakistan and ADB
Finance minister avoids meeting with the bank’s director general.
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Gas pipeline: Pakistan, Iran to sign construction contract today
Pipeline will cost Rs190m per km, markup on loan is 3%.
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The state of the State Bank
State Bank has been the handmaiden of government's borrowing joy ride, contributing to a rise in core inflation.
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Not out of the woods yet
Depreciation in rupee is much worse than 20-year average decline and IMF says it should be devalued further.
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ACCA presents awards to high achievers
Panelists discuss ways to help students find right careers.
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Gsp plus status: EU nod a must for free trade between Pakistan, UK
Britain will continue its support for the inclusion of Pakistan in the EU’s GSP Plus.
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Food crisis imminent as wheat production falls
In absence of a procurement policy, experts say Pakistan may have to import.
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Malaysia promises urgent business visa
Seeks joint ventures in the fields of education, health and tourism.
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Mortgaging Karachi airport
It is unwise to use vital installations, like the biggest airport in the country, as the security for bonds.
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Stopping Gekko: SECP strengthens rules against insider trading
Most disclosure requirements today are those of the exchange, not the regulator.
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Market watch: PTCL steals the spotlight from cements, banks, oil sector
Benchmark KSE-100 index gains 85 points to close near 17,700 points.
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Trade gap contracts for sixth consecutive month
Deficit stands 12% lower at $11.6b in first seven months of 2012-13.
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Petroleum products: Oil marketing firms demand withdrawal of fixed margins
Analysts see chances of revision of margins instead of reversion to percentage formula.
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Corporate results: PTCL announces Rs8.61 billion profits in December quarter
No cash dividend announced; higher termination rates for international calls add to profits.
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Coal-fired power plant: Govt’s about-turn paves way for $900m ADB loan
Bank DG arriving for talks after CCI approves use of imported, Thar coal blend.
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E-banking transactions cross Rs7 trillion: State Bank
The value and volume of the e-banking transactions reached Rs7.6 trillion and Rs79.45 million respectively.
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Becoming a fiscal pariah
As external funding drys up, forex reserves are under threat and last quarter of current fiscal year will be critical.
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Supply chains: Management training initiative launched
Firm to provide training and short courses for industries.
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Emerging as a market mover: JS Bank’s expansion rate is admirable, says CEO
Believes bank’s assets will grow exponentially once HSBC acquisition goes ahead.
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Petroleum tax: Lahore High Court suspends levy on LPG
The levy was imposed by the Ministry of Petroleum and Natural Resources on local LPG producers to facilitate imports.
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IBA grads get a shortcut to chartered accountancy
MoU signed with ICAP exempting grads from four modules of the CA programme.
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Acer re-launches brand in Pakistan
Revamps strategy this time around to compete in rapidly growing IT market.
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Barclays invests £0.45m in youth training
UNICEF will use the funds to tackle unemployment in Punjab.
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Market watch: Earnings excitement prevails as bourse climbs
Benchmark KSE-100 index gains 63 points.
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Nokia introduces new smartphones to better compete with rivals
Handsets have features like wireless charging, image stabilisation cameras.
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HBL posts modest growth in 2012
Net interest income grows 2% as margins contract.
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Corporate results: Stronger operational efficiency boosts profit growth at KESC
Company’s management says it cut down on transmission and distribution losses.

















































