Business

Failure attributed to bad governance and public-private trust deficit.

LNG committee decides to establish company for building terminal.

Aircraft being leased to replace the aging fleet.

Tough competition has reduced sales for many restaurants this year.

SDPI study investigates viability of project and flaws in KESC.

Plummeting potato demand from Russia and low production of onions leads the downfall.

KWSB is facing a financial nightmare as it provides water, sewerage facilities to 20 million below market cost.

LPG equipment with duties of more than 10% would be reduced, while duties already below 10 % will remain the same.

Country’s weight pruned by 0.03% down to 4.38%.

Date undecided for next hearing; the restraining order stays effective.

Plan for producing cheap power to be completed in 16 months.

Income funds steal the limelight with solid performance.

Core earnings source net interest income declines 7% .

Local giant’s largest subsidiary operates only 33 days in six months.

Delays, cost overruns in completion of entire development portfolio expected.

CCP initiated inquiry on complaints of vague purchase contracts.

Investors ignore PAF base attack and help stock market close at a four-year high.

Gas will be expensive by 25% to 50% after short-term LNG import.

Foreign direct investment in China fell 8.7 percent in July.

Govt to lose Rs2b revenue due to hike in global oil rates.

Made in Pakistan Exhibition 2012 will showcase Pakistan’s key strengths.

Global port operator set to acquire 55% stake.

Proposal, currently under debate, faces severe criticism by local industry.

Says 17 large hydel projects on the table; to produce 20,000MW electricity.

Decides not to penalise importers for failing to uphold commitments.

KSE’s benchmark 100-share gains 59 points.

Industry desperately needs gas, ready to develop the fields.

Manufacturer plans to expand business ventures locally and globally.

Watchdog examines land acquisition deals signed in last two years.

Pakistan to supply 30,000 tons of refined sugar at $528 per ton.

PM adds that the rate of inflation in the country had come down to a single digit.

The number of Pakistani emigrants in Saudi Arabia has increased from 0.14 million in 2008 to 0.22 million in 2011.

Projects include expanding the nation’s high-skilled human resource.

Rates still high; banks making profits at cost of industry: PAAPAM.

Move to bring local fuel at par with price of imported LPG.

Four plants on SNGPL network not working for three months.

Move will encourage LPG consumption, discourage CNG demand.

Country needs basic food commodities after heavy snowfall.

Trust for Voluntary Organizations plans to close almost 10 regional offices.

Only 5% board members in country’s 97 big companies are women.

Oil and gas explorer sets aside Rs5 billion for asset acquisition.

Philippine’s port manager to invest $95m for 55% stake in PICT.

Additional secretary will also serve as the acting secretary of the ministry.

KSE’s benchmark 100-share index jumps 150 points.

Army’s logistics arm receives warning for overstepping its charter.

Overseas Pakistanis send home $1.2 billion in July.

CCI permits 100MW plants against earlier limit of 50MW.

Company now has a larger market capitalisation than its parent conglomerate.

Country also decides to seek financing from FODP countries.

Govt may increase oil prices by up to Rs4.40 per litre.