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Vertical integration: New PSO head to focus on diversification
Company to expand into lucrative refining and exploration business.
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KESC launches online bill payment service
New value addition launched with 12 local banks.
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Vehicle Registration: FBR mulling increase in tax rate
Authorities are considering increasing tax rates on registration of new vehicles from July 1st.
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Ethiopia: Ambassador apprises businessmen of opportunities
Pakistanis were managing textile, sugar, cement and steel concerns and some restaurants in Ethiopia, says Ambassador.
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SECP chosen vice-chair of international body
Regulator will contribute to policy, standard-setting work.
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Market Watch: Bourse surges past 12,900-point level as investor sentiment soars
KSE’s benchmark 100-share index gains 63.5 points.
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Economy’s resilience unparalleled: SBP governor
Says country survives floods, quake and balance of payments crisis.
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Accountants taking leadership role in big organisations
197 new ACCA graduates join the global body of accountants.
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EU interested in financing Munda Dam
Also considering setting up small hydropower plants.
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Oil scam worth Rs328 million unearthed in OGDC
Inquiry report reveals pilferage as far back as 2006.
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Purchasing power: Inflation rises to 11.1% in February
Higher international oil prices, bad fiscal discipline blamed for the uptick in CPI.
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Free market benefits: Competition between private rail companies heats up
Firms improving service quality, lowering fares, even forcing state-owned Pakistan Railways to compete for passengers.
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India praises Pakistan's efforts to normalise trade ties
India's Minister of External Affairs SM Krishna says Pakistan is moving in the 'right direction'.
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Monthly hike: Diesel price frozen; petrol, CNG rise by up to Rs8.67
Govt says provinces should share subsidy burden.
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Pakistan’s electricity imports from Iran double
70MW supply frees Makran division from power outages.
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Power Utility: USAID discusses performance
Lesco had a 99% collection of bills rate and managed a 23% reduction in loss.
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LPG demand falls due to high prices
OGDC stock swells as companies fail to take delivery.
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Silkbank posts profits after six years
New management has managed to turn things around, posting a net profit of Rs695 million in 2011.
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Corporate results: SSGC profits trickle down to 27%
Gas theft and wastage losses have more than doubled to Rs1.99 billion.
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CCP takes action against cable TV monopoly
Tri-Star Cable Network issued show cause for denying entry to new players.
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Court suspends bank privatisation process
Says move is aimed at depriving Bank of Khyber employees of jobs.
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PTCL acquisition: Pakistan and UAE to find solution for pending $800m within weeks
Payment delayed as entire properties were not transferred.
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Market Watch: Bourse jumps 139 points on positive news
Iran offering help in the energy sector lifts mood at KSE.
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Tax collection for February beats last year’s figures
Still off the required pace to reach the annual target.
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Trade liberalisation: Auto industry worried over approval of negative trade list
Measure likely to result in win-win situation for consumers.
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Energy costs: Power tariffs for most consumers to rise by 39%
Lifeline users to remain exempt; another rise in prices expected next month.
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Defence Minister denies financial misappropriation in PIA-Boeing agreement
Says leveling corruption charges against the lease agreement was injustice to the country.
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Hydropower: Imported machinery to help complete Neelum-Jhelum project before time
Official Wapda sources said that TBMs were imported from Germany at a cost of around Rs8 billion.
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Violation of procurement rules: Gas contract awarded at ‘exorbitant’ rates
JJVL awarded gas processing contract at 150% higher than market rates.
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Pakistan to showcase textile and jewellery at India fair
Pakistani fashion industry gets chance to make inroads into Indian market.
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Contracts signed: NBP to set up training centre
Equipped with state-of-the-art training facilities, it is expected to be completed in next three years.
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Deceptive practice: Seven courier services found misusing DHL logo
Use of the DHL logo without its consent made its use fraudulent and deceptive under marketing practices.
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Traders allege misuse of worker funds
Seek transparent audit of millions being contributed every month.
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Engineers complete training in reducing system losses
USAID and NTDCL officials hand out certificates of participation.
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Islamic banking industry may double market share
Industry growing at an average of 30% per year.
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Budget surplus of provinces falls short of target
Surplus stands at 16% of Rs125b target in first half.
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Royalty payment: Provinces demand gas supply instead of cash
Centre, provinces put their heads together today to reach solution.
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Market Watch: Bourse closes flat in mixed session
KSE’s benchmark 100-share index crawls down four points.
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Corporate results: Nishat Chunian profits nosedive
After posting a loss of Rs86 million in the first quarter of fiscal 2012 margins improve slightly.
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Petroleum products: NA body, OGRA unable to agree on pricing
Govt officials rule out possibility of providing subsidy.
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Desperate times: Iran offers 80,000 barrels of oil on 3-month credit
Will also provide $250 million for gas pipeline project.
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Smartphone tech battles drug abuse and depression
Someday soon, your smartphone will be able to stop you from shutting yourself off from the world.
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Iran to give $250m for gas pipeline project: Petroleum minister
Dr Asim Hussain says Iran has also agreed to export 80,000 barrels of crude oil per year.
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Yahoo! pokes Facebook over patents: report
Tells the social network to pay licensing fee or prepare for possible lawsuit.
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Performance: Faisalabad comes out on top among power companies
Line losses drop to 8%, bill recovery rises to 100%.
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International trademark registration must: experts
Speakers at seminar stress the need for protecting a business’ identity.
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JS investments: Bangash to take charge as CSO
Bangash brings 16 years of international experience, mostly in investment management and finance.
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Punjab launches project to control water losses
University to train farmers in good agricultural practices.
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Govt issues 20 more CNG licences, despite ban
Licences given under pressure from influential lobbies.
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Fertiliser sector output falls to 71% of capacity
Plants on SNGPL network produce at a dismal 31%.

















































