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30 per cent of Neelum-Jhelum project completed
Work being expedited to secure water rights over India.
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‘South Asia needs to absorb 15m workers every year’
World Bank’s chief economist for South Asia delivers lecture at IBA.
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Energy crisis: Govt mulling drastic changes to power tariff structure
Electricity subsidies hit about Rs350 billion this year, well above target.
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Advising the govt: APTMA members to meet on Friday
Textile industry representatives are set to make suggestions to the government on the way forward on energy security.
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Trade deficit widens 38 per cent from July to December
Pace of imports much faster than export growth in first half of fiscal 2012.
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Govt cuts fee for CNG stations, oil companies
They have to deposit charges by the end of January.
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Uncompetitive: Rupee fall enhances production cost
Free fall of the rupee against US dollar, other international currencies fanning inflation, pushing up cost of inputs.
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Corruption allegations: Senate panel orders investigation into CCP
Former employee accused of stealing Rs6.8 million from anti-trust regulator.
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Market Watch: Stock market unchanged in dismal session
KSE’s benchmark 100-share index crawls down three points.
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Financial literacy: Know your business skills…early
Lahore Stock Exchange kicks off Young Investors Scheme.
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Gas supply from Kunnar-Pasakhi delayed despite petroleum minister assurances
APTMA says industries not on SNGPL’s priority list.
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Leakage and theft: Power worth Rs90 billion lost
This is in addition to the transmission and distribution losses allowed by NEPRA.
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If PSO does not get Rs50b, the country will shut down again
The govt’s failure to resolve the crisis means the same cycle is repeating itself.
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Handbrake: Honda production grinds to a halt in December
Mehran leaps ahead of Corolla as the highest selling car for second straight month.
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Investment decisions: Senate body declares National Bank deposits ‘too risky’
Commerce committee orders State Life Insurance Corporation to withdraw its Rs4b term deposits from NBP.
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Food Security: Agricultural sector should be modernised
Speakers urge modernising of agriculture to ensure food security.
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Attracting investment: Cabinet body decides to ease tariff regime
Exemption for individuals will also be considered.
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Remittances rise 19%
Overseas Pakistanis sent home $6.32b in July-December 2011.
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Yarn sales drop sharply as buyers disappear from market
Demand falls after closure of many textile manufacturing units.
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Analysis: Why everybody hates the proposed petroleum policy
Oil companies complain about red tape, provinces about regulatory and royalty rights.
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Shaukat Aziz not optimistic about free trade with US
Promised five or six years ago but nothing happened, says former premier.
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Market Watch: Bourse closes below 11,000-point mark
Trade volumes remain dull amid NRO confrontation.
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Eighth Pak-Afghan JEC begins next week
Two-day discussions will include economic cooperation and other bilateral issues.
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Pack up: Malaysia Airlines calls it quits in Pakistan
Company decided in September to abandon the twice-weekly Dubai-Karachi-Kuala Lumpur route.
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Jinnah Hydropower Project begins test run
Project to generate R6 billion annually after completion.
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Power: Traders criticise government for 18-hour outages
Businessmen promise more protests if demands are not met within three days.
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Dawood refinances Rs4.8b in debt
Meezan Bank serves as lead arranger of syndicated Islamic finance facility.
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Chief commissioners’ conference: FBR officials against ‘amnesty’ proposal
Govt to go for prosecutions, shuns out-of-court settlement idea.
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Pak-Indonesia: Preferential trade deal to be inked next week
Initial agreement signed in Sept, signature of ministers left.
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Exports likely to slip in coming months
TDAP chief says energy shortage and global weakness hurting industries.
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Attari-Wagah border: Checkpost being upgraded for Rs2.6b
Indian commerce ministry to complete upgrade by February.
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Market Watch: Bourse plummets in gloomy session
KSE’s benchmark 100-share index drops 85 points.
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The cost of flying: Pakistani airports among the most expensive in region
Despite fierce opposition, new taxes come into effect from January 17.
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Infrastructure spending: With US help, power grid to get ‘smart meters’
A $60m programme is set to help power companies collect bills, reduce circular debt.
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Capacity building: USAID imports training to power engineers
Programme aims to develop trainees and remove bottlenecks in system.
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Halal product board to be established soon: minister
Promises increase in allocation for science and technology.
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Complacency and lack of faith dragging us down
The nation needs to carry out an assessment of its values and faith.
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Debt repayments build pressure on rupee
Payment of $2.5b in next six months keeps dollar demand high.
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Power crisis and political correctness
It is time to make tough decisions, even unpopular ones.
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Misguided policies: The farce of the CNG shortage, myth or reality
Government overly focused on protecting public sector companies.
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Global financial fiasco: End of the age of US economic dominance - II
How economic managers managed to make the ‘bad’ look ‘good’.
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The rise of the Pakistani middle class: How new suburbs made the good life affordable
Pakistan’s large cities are increasingly developing outer rings of suburbs which are cheaper than the city centre.
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Foreign exchange: Currency swap with China a bid to shore up, diversify reserves
The move is part of Beijing’s attempts to offer the Chinese yuan as an alternative to the US dollar.
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Evo Customers: PTCL launches ‘recharge and win’ package
Those who have not recharged their pre-paid device or paid EVO post bill since December 1, 2011, are eligible to win.
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Milk production per animal sharply lower
Though among top producers, Pakistan lags far behind developed countries.
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Communications gap, old farming methods hurt crops
30% crops are wasted due to obsolete production techniques.
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‘Gas crisis will be brought under control in six months’
Shortfall increased due to high demand in winter: Asim Hussain.
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Bill passed: Sindh to collect GST on key services
Province collects Rs11.5b in six months, widens tax net.
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Gas crisis: ‘The government had a plan in 2005 but did nothing’
State-owned companies have continued to add to the gas grid despite no substantial addition to supply.
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Weekly review: Bourse kicks off new year on a negative note
Gas price hike and foreign outflow dampen investor sentiments.