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Copyright: IPO sets up help desk at Karachi Chamber
Helpline aims to promote investment, economic activity.
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President seeks Chinese investment
Nation’s domestic sources of fuel being depleted as demand continues to rise.
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Fuel transport: Govt considering plans to lay oil and gas pipelines to China
Pakistan seeks financing from Beijing for constructing pipeline on its territory.
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Steps taken: No more oil shortage: Dr Asim
Pakistan State Oil has takes all out measures to ensure availability for the consumers.
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Market watch: Bourse follows global market peers, low activity continues
Benchmark KSE-100 index crawls down eight points.
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Energy crisis: Fuel shortage decreases power production by 10%
Electricity shortfall rises to 5,000MW as energy sector struggles to operate with circular debt.
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Helping hands: EU, Germany provide Rs40b assistance
Islamabad urged to do more as Europe sees ‘little progress in tax reforms’.
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Pak-Vietnam: Nations discuss investment potential
Sectors like chemicals, agriculture, garment, construction and paper, offer promise for more bilateral coordination.
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Global warming sharply reduces crop output
Scientists discuss how to apply innovative methods to farming.
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Vocational skills: Training offered to 0.1m unemployed youth
Training would be imparted based on local demand of the industry.
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Wheat: Punjab purchases 3.96m tons
Wheat procurement kicks off as food department purchases 3.96 million tons of wheat in Punjab.
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Fertiliser sector: Gas shortage may fall 10% in two years
Slowdown in local production results in import of fertiliser.
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PPL announces unscheduled meeting
Oil explorer expected to declare early cash dividend.
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Restoration: KESC resumes supply of SITE area
Union workers caused disruption at grid station feeding SITE industrial area, shutting power and damaging machinery.
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Indus River bridge: PM approves additional funds for construction
Claims that the govt is working on setting up industries in tribal areas.
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Market watch: Pakistan Petroleum lifts stock market
Activity in oil sector picks up but falls overall.
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Change of hands: First privatisation deal in three years expected by Sept
Three parties express interest in acquiring Heavy Electrical Complex.
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ECC to decide on award of Uch-II project
OGDCL board approves award of contract to Kahuta Laboratories.
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Foreign exchange reserves rise to $17.5b
Current account surplus, high exports and remittance lend support.
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Money transfer: BP, UEG mount pressure on government to transfer ownership of assets
FBR expresses serious concern over transaction of money abroad due to tax liabilities: Minister for Petroleum.
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Livestock sector: Punjab may launch a plan to revive industry
Hopes to generate Rs400b activity in the next ten years.
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Banks to provide SMEs access to finance
Small businesses to be assisted in energy-efficient production.
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Pharma industry: Ample opportunities for progress
Lack of standards and inability to enforce standards hampering local pharmaceutical growth.
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Uzbekistan offers help in alternative energy
Also expresses interest in banking and infrastructure projects.
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Four power producers invoke sovereign guarantees
Demand payment of outstanding Rs10b from government.
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Market watch: Stock market falls in dull session
Grim news on economic front subdues activity.
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Gender representation: FWBL initiates training courses for women
Govt should assist women to play a more active role in development.
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Milleneium development goals: Responsible practices urged to achieve targets
‘There is a need to invest in human resource development’.
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Caught napping? Local IT companies ignoring crucial technological shifts
Failure to shift to IPv6 can result in Pakistan being cut off from rest of the internet.
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FPCCI to explore trade opportunities
100-member delegation comprising industrialists and traders to visit Uzbekistan to explore business opportunities.
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Market liquidity: Treasury bill yields fall slightly
Govt borrows more than the targeted amount.
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Tough decisions taken to stabilise economy: Shaikh
Top priority is to reduce fiscal deficit that fuels inflation.
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War against cheap clones: Nokia launches two dual SIM phones
Largest mobile phone maker tries to capture Chinese mobile market.
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Pak-China ties: Exporters aim to reduce trade imbalance
Local textile exporters to make list of zero-rated products for next stage of free trade agreement talks.
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Market watch: Bourse falls in dull session amid dismal volumes
Benchmark KSE-100 index down 15 points.
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Pharma summit: Govt’s help needed to increase drug exports
‘Need to create a pharma policy research council’.
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Subsidy: Govt to announce Rs2.2b Ramazan package
Necessary commodities to be made available at reduced prices at utility stores across the country.
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Govt prepares policy for building oil reserves
Oil minister says the govt provisionally cancelled licences of five small OMCs.
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Committee approves 38 projects worth Rs180b
Twenty-two projects costing Rs119 billion of the 38 projects are related to the infrastructure sector.
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Nokia says Apple to pay royalties, ending patent disputes
Deal constitutes a massive victory for Nokia and ends years of tit-for-tat suits filed by the two companies.
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Elevation: Bank of Punjab promotes director to post of chairman
Director Ghafoor Mirza promoted to chairman to take the reins of the bank which has been rocked by a financial scam
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Agriculture equipment makers reject sales tax
Seek government support in the form of duty-free import of raw material.
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Agriculture sector: Pakistan, Afghanistan join hands to overcome challenges
Conference for achieving quality research, technological advancement.
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Violation: Money exchange company’s licence withdrawn
License of Al-Qaim money changer in Quetta suspended on account of reported violations of rules and regulations.
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OMCs warned to maintain stock or face consequences
Halt to Attock Refinery unit caused fuel shortage: petroleum minister.
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Joint operations: GSK and Stiefel all set to merge on July 1
The directors have decided to submit the scheme to the court for approval.
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Market watch: Stock market falls in dull session amid lack of triggers
Benchmark KSE-100 index down 24 points.
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Govt to establish leather industry in Charsadda
Interest-free loans will be given to cobblers to boost industry.
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Engineering and construction: OGDCL may award gas field contract to Kahuta Labs
Company directors meet today to finalise the contract.
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FTA with Singapore: Pakistan offers to resume trade talks
Invites Singaporean delegation for deliberations.