Business

Smuggling continues to be a drain on potential earnings.

KSE’s benchmark 100-share index crawls up 18 points.

Project team seeking Rs5b, with immediate release of Rs2b.

President Zardari calls for currency swap agreement between Pakistan and Sri Lanka.

The main object of the three-day visit is to completely normalize trade ties between both countries.

LHC summons petroleum secy in next hearing scheduled on Feb 27.

Government will pay investors for handling and storage.

Rates increase following high transportation cost.

Pakistan generates almost 12% of the company’s revenues.

Lower than expected result announcement triggers the fall.

Pakistan Railways says train will continue operating on its route.

Company postpones dividend on swelling receivables of Rs189 billion.

Big businessmen go overseas, small ones reluctant to pay high prices.

Claim the programme will save 50% of gas, to be unveiled in March.

Parliamentary panel opposes legal cover for body, says needs more info to decide.

Iran is ready to bend over backwards to facilitate Pakistan as long as the project goes through, says Khurram Baig.

Under the plan, an oil pipeline would be laid up to Gwadar port.

Task force in final stages of devising CNG safety protocols.

Decides to apply anti-money laundering laws enforced by banks.

Government incentives lure investors from around the world.

DISCOs will have to target 1 to 1.5% reduction in losses per year.

The country’s largest independent power producer’s unconsolidated net profit grew by 5% to Rs3.00 billion.

Production has stagnated over the past few years.

Despite being the largest food company, management feels there is still plenty of room for growth.

Engro’s new urea plant EnVen starting operations in July, operate at only 40% of capacity amid severe gas curtailment.

KSE’s benchmark 100-share index declines 21 points.

Says fiscal reforms can lessen Pakistan’s dependence on bank borrowing.

Pak Business Express operating partners owe Pakistan Railways Rs10.05 million in payments.

Irania­n import­ers are now findin­g it much more diffic­ult to settle paymen­ts for critic­al import­s.

Production has stagnated over the past few years and might even fall gradually.

Senators from opposition, allied parties lash out at government.

Faced resistance from mafia running an illegal gas supply network.

Cotton bale supply showed a year-on-year increase of 22.61 per cent.

NAB distributed cheques worth Rs3.073 million among 27 affectees of bank fraud and forex scams.

Fertiliser producers required to keep record of inputs and labour.

SBP waived condition of obtaining succession certificates from legal heirs for unclaimed deposit refunds.

Court orders have no compulsion on international front, says Tethyan counsel.

Automobiles to cost Rs23,200 to Rs53,500 more.

Secretary asks Faisalabad industrialists to set up power company.

The man behind the Facebook app that made $90,000 in a week.

KSE’s benchmark 100-share index surges 148 points.

Pakistan needs 7% annual growth rate or unemployment will keep on rising.

Tehran offers to fund full construction cost of the $1.2 billion pipeline project.

Zardari meets Iranian Vice President, discuss trade, energy projects and Ahmedinejad's Pakistan visit.

A senator accused KESC of using faulty meters purposely because they result in high bill charges.

Neighbours vow to ‘intensify’ work on the pipeline.

LNG imported from Qatar will help produce 2,500 MW of electricity in Pakistan.

Up to 50% subsidies for farm machines announced.

NIT-State Enterprise Fund posted net profit of Rs2.03b in first half of fiscal 2012.

Prices rose following a sharp increase in Saudi Aramco contract price that soared to a record high of $1,028 per ton.