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Market watch: Market closes in black, led by oil, banking sectors
Benchmark KSE-100 index rises 25 points.
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Despite debt crisis, France hopes EU will remain intact
Ambassador insists EU is still the world’s largest trading bloc.
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Pakistan finalising arrangements to target global arms market
Defence firms exhibit high-tech products to attract local, foreign buyers
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The lords of war: Array of military hardware up for grabs at IDEAS 2012
Private contractors confident of securing orders from around the world for military goods.
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CCI meeting: Clear your power bills, PM tells provincial, federal govts
Meeting decides in principle on equitable distribution of electricity.
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OGRA hires audit firm to evaluate profit earned by CNG stations
OGRA official says audit firm would present report within four days, by November 12.
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Gomal Zam project: Dam to be commissioned in January next year
The Gomal Zam dam will generate 17.4 megawatts (MW) of cheap hydel energy.
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Pakistani firm authorised to verify SMEs for Alibaba.com
Will enable local companies to gain credibility, visibility on the B2B portal
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Budgetary funding: Punjab spends Rs16.8b on development projects
Spending stands at 35% of approved funds in first quarter
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‘Japanese markets open to innovative businessmen’
Diplomat urges local businesses to improve products.
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KESC to invest Rs40b to enhance capacity
Project to be funded through both debt and equity.
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PMEX turns its first profit in history
Entity records nominal profit; details of company accounts not publicised
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Market watch: Sector-specific activity drives bourse to new highs
Benchmark KSE-100 index climbs 167 points.
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Textile millers in a hurry to import cotton
Millers go for imports after price rise in domestic market.
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Exports to France can take a quantum leap
To achieve this, government must implement conventions on environment, human and labour rights.
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Derailed company: Cash-strapped Railways faces uncertain future
Once thriving national carrier’s downfall mainly attributed to shortage of engines.
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Senate committee seeks audit paras of 10 organistaions
AAG says some institutions refused to have their accounts audited by the Accountant General.
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Sealing CNG stations: Petroleum ministry, OGRA chairman put on notice
CNG station owner ask SHC to stay sealing of fuel pumps by OGRA till apex court issues judgement on pricing formula.
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SC seeks report from NAB on underhand rental power plant deal
PML-Q leader expressed concerns to SC over the deal with Turkish rental power company.
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A thousand stations will shut down if prices are not changed: CNG Association
CNG association presents pricing formula, demands Ogra to provide them with profit.
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Amnesty scheme: PESCO offers up to 70% discount to defaulters
The discount package has been introduced to strengthen the recovery process, says Brigadier (retd) Tariq Saddozai.
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‘Local commercial aviation industry is in shambles’
Revival of the industry will require efficient planning, prudent actions
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Contract extension: Govt reappoints bureaucrat after retirement
Rana will serve as finance secretary, may deal with lending agencies
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Mobilink to launch mobile financial services
Central bank issues licence to Waseela Bank, which will manage the service.
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‘Mutual cooperation can break trade barriers’
Indo-Pak trade can touch $10b; if sector-specific measures are taken: Badal.
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Textile exporters unaware of Japanese standards
Exports remain low because of lack of knowledge.
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YS Securities and Services: Broker sinks Rs4b of investors’ money, vanishes
NAB initiates probe into multi-billion-rupee fraud; over 14,000 investors affected.
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Market watch : Investors bank profits across the board
Benchmark KSE-100 index falls 105 points.
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President to press Qatar to scale down LNG price
Deadlock over price has delayed deal on supply of 500 mmcfd of gas.
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Debris of a crisis: After disclosures, Bank of Punjab back in good books
State-owned bank declares nominal profits, without provisioning for Rs30 billion in bad loans.
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OGRA issues show cause to 44 CNG stations
Warnings issued over station closures following Supreme Court’s directives to cut CNG prices
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SSGC: Managing director Siddiqui resigns
After detailed deliberations, the board accepted Siddiqui’s resignation that will be in effect from November 8.
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Appointments of OGDC, PARCO heads probed by panel
Parliamentary panel summons MDs over absence from meeting
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Iraq inks exploration deal with Pakistan Petroleum
Under the contract, company must invest $100m to explore 6,000 sq km block
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EU grants 1.2m euros for climate change study
Assures WAPDA of cooperation in future projects as well.
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CNG body, OGRA to deliberate on pricing issue
Station owners blame regulator for misinterpreting court judgment.
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Market watch: Market continues to set unprecedented highs
Benchmark KSE-100 index climbs 55 points.
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Reko Diq project dispute: TCC rules out out-of-court settlement with Balochistan
Fears new government may also cause trouble for the company.
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Foreign security firm pulls out of Pakistan
G4S sells its entire stake in Wackenhut to local partner.
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Game-changing tax reforms?: FBR chief vows to ‘name and shame’
To instil a frisson of fear in the biggest dodgers, Hakeem is threatening to freeze assets and ban them from travel.
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A slippery slope: Fiscal position untenable as problems loom ahead
Election year spending may exhaust the government’s coffers, observers say.
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Oil prices review: Weekly or monthly? Ministry passes buck
In summary, petroleum ministry highlights benefits of weekly review.
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'Scientists must equip themselves to cope with Newcastle disease'
Veterinary and animal sciences professor says the fatal disease has caused loss of billions.
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Microsoft launches Windows 8 in Pakistan
Over 250,000 PCs are available at over 1,000 retail stores in Pakistan, including Hyperstar and Metro among many.
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Brutal sheep culling aside, Australian cows due to arrive in Pakistan
Australia’s agriculture department official says it cannot guarantee that the animals will not be culled.
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Pakistan’s diseased healthcare system
The rot in one of the most crucial sectors must be contained and eliminated.
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New horizons: Empowering women through Islamic banking
Islamic finance can offer great opportunities to female workers.
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A novel approach: Alternative fuels, or innovative fuels?
As the process becomes cheaper liquid fuels from gas or coal could be the answer to Pakistan’s energy woes.
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Taxing incoming calls from abroad
Has the govt considered the tax’s rationale and repercussions?.
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Judicial charge on CNG prices - a populist strike on collusion
The trend of collusion calls for reforms in the Competition Act.

















































