Business

120 megawatt (MW) hydel power project to be set up at Taunsa Barrage.

Pakistan has printed new currency notes worth Rs592 billion during June 2011 to July 2012.

Condition for the exporter to be a member of REAP to be abolished.

TDAP fails to register raw cotton export contracts.

Nine out of 10 employees show commitment to company.

FTA will ruin local industry with foreign, cheap products: Sherani.

Pakistan and UAE negotiate a new settlement deal

Company-specific news flows dominated the week.

Petitioner challenges new appointments, terms them political, and alleges they are getting benefits beyond EPZ rules.

Trading Corporation purchases fertiliser at $419 per ton.

Water fuelling system to be patented and fully developed.

Finance ministry presses for immediate examination of bank guarantees.

NA body asks the company to avoid duplication of expenditures.

Benchmark KSE-100 index sheds 27 points.

KESC to charge Rs2.7 per unit more in August and September bills.

Modern locomotives will take at least a year to arrive.

Humour website Gagism was developed by Zafar for fear of being laid off.

Current figures depict a decline in poverty, contrary to ground realities.

Says making PSM profitable is a daunting task for the new management.

Says barring non-ICAP students from ICAP member firms uncompetitive.

Satisfying country’s power and water needs are the prime objectives.

Vows to improve business environment, eliminate smuggling.

It will collect sales tax from 14 sectors, 20% increase likely.

Benchmark KSE-100 index pares 11 points.

Transfer of employees to SNGPL is underway: Managing Director.

PSO needs money to pay immediately to fuel suppliers.

Local giant hopes to replace SNGPL network with non-network gas fields.

The country’s largest pizza food chain aims to increase its target market.

As New Delhi drags its feet, Foreign Office places moratorium on further efforts.

Singh will hold off on anticipated reforms because of renewed opposition from party colleagues, coalition allies.

Forms load management committee to ensure equitable supply of electricity.

NetSol CEO believes sector has reached maturity, needs five more years.

Total urea sales have declined 52%; production down 33%.

Pakistan missing out on its potential; exports 18% of total produce.

Move comes after NAB probe into tax relief for telecom firms.

Manufacturer decides not to buy 10% stake in Agritech.

Benchmark KSE-100 index climbs 53 points.

Ministry officials went to Dubai and London for talks with ConocoPhillips.

Centres fixed uniform fee, divided market for medical tests of workers going abroad.

Association will provide loans to female entrepreneurs of low income households.

Dr Zaidi was awarded the Sitara-i-Imtiaz in 2007.

Company stocking up to meet rising demand during Ramazan.

Authority inks deal with two Chinese companies for assistance.

Company may face default if money is not provided by Friday.

Benchmark KSE-100 index sheds 15 points.

Despite the decline, the spread still remains above 7%.

Russian companies may announce investment in oil, gas, mineral exploration.

Finance minister speaks at seminar on Poverty and Inequality.

Govt-owned giant may launch Takaful by mid-2013.

Injection will not help the state-owned enterprise switch to a profit regime.