Business

Bank has lent around $42m for development work.

Asset management company relies on poor numerical skills of journalists.

KCCI requests direct contact with potential investors.

Will investigate whether takeover of nutrition business will create monopoly.

MoIT secretary and joint secretary involved in quagmire.

Country may miss production targets due to late kick-off.

Economic team to determine exact amount required for the schemes.

KSE’s benchmark 100-share crawls down seven points.

Advertising revenues have grown rapidly over the past decade, especially for television channels.

Domestic sales at all-time high in fiscal 2012.

10% to 15% of industry is on the verge of closure if central government fails to take immediate remedial measures.

PSO to award oil import tender for July and August trade.

Booming shadow education industry an alarming trend.

Babar says projects being undertaken would add around 2500 megawatts (MW) of electricity into the system.

Chairman of the PCRWR deposited the amount in a private bank account in 2006-07.

KSE’s benchmark 100-share index falls 0.16%.

Body will discuss how to provide more gas and oil to power companies.

They are considering pulling out investment from the country.

Supply backlog at port expected to clear in roughly 24 days.

FIA’s Corporate Crime Circle entrusted with probe; company’s offices sealed.

Plan to export 1m tons to Tehran under barter trade scuppered.

London's High Court said in a ruling that HTC's devices did not infringe four Apple technology patents.

All CNG stations in the city will remain closed from 9am Thursday till 9am Friday due to breakdown at Bhit Gas Field.

Growers urged to look into sowing fruit and vegetables to gain better profits.

The minimum wage will be increased to Rs8,000 in a few days.

Through USAID’s assistance 29 farms will be certified by end of this year.

Attendants at event stress welfare of stakeholders, urge regulation.

Biggest hurdle to transforming agriculture removed: Husain.

Case admitted due to disregard for payments and legal notices.

Reiterates commitment to energy sector, invites foreign investment.

PSO, on its part, asks govt to pay Rs12b every week.

Envoy visits Karachi Chamber of Commerce and Industry.

There is not a single tuition centre to prepare for actuarial exams.

OGRA argues it can lead to oil shortage and overcharging.

Barclays boss Diamond quits after apology due to political pressure.

Turkish firm plans to approach the international courts.

Lack of foresight compounds already suffering economy.

State Bank asks exchange companies to comply with regulations.

LCCI and FCCI are organising visits to explore commerce opportunities.

Pakistani fish farmers prepare to meet 50,000 tons demand.

Benchmark KSE-100 index jumps 342 points.

Circular debt swells as recoveries remain low.

Becomes third new high-value market after US and Japan.

IT secretary says board has revalidated CEO’s removal after court decision.

Citibank not charged as it did not charge customers Rs15 for a transaction.

Claim inflation restricted to 11%; prices continue uptick in June.

PM House spokesperson says economy has improved with a growth rate of 3.7%, higher investor confidence, remittances.

Pakistan hopes to export up to 15000 tonnes of mangoes over the next few years to South Korea.

Ssettlement includes $1bn in criminal fines; $2bn in civil fines in over sale of Paxil, Wellbutrin, Avandia products.

Apple has paid $60 million to Proview in a settlement which ends months of legal wrangling.