Business

16% of Pakistani textile exports to be excluded from safeguard measures.

Russian companies are considering taking stakes in reserves of oil and natural gas for exploration and production.

As the US economy slows down investors are turning towards gold.

Refineries’ margins likely to be hit as government looks to shore up its revenues.

In Pakistan, it is best to do it the old-fashioned way.

Prices of goods, particularly necessary edible items, are increased at will and goods are hoarded to create shortage.

The unstable job market is something that holds back both employees as well as corporations.

The least reliable source of information about the state of the Pakistani economy are its businessmen.

Power loom owners and workers stage a protest rally in front of the Faisalabad Electricity Supply Company.

The Federal Board of Revenue has issued a notification announcing an increase in the rate of special excise duty.

In a bid to protect IPR, officials have called for a societal and cultural change in the country.

SBI plans to construct Pakistan’s first Halal industrial park near Karachi, with technical assistance from HDC.

Pakistan and India decide to establish a new checkpost for transportation of passengers and goods.

FBR to present formal offer to Kuwait-based logistics company for purchase of PaCCS software.

The country’s economic losses as a result of the war against terror exceed the amount of aid received from the US.

Foreign selling was witnessed in the Karachi bourse which resulted in a setback for the market.

PTA is laying optical fibre cables in Balochistan, and offering 92 per cent subsidy to telecom operators.

Refining margins for the local industry declined by five per cent to $3.72 per barrel.

Civil Aviation Authority’s (CAA) officers have decided to suspend work for two hours daily from March 21 to 26.

The local mutual funds industry declined by 0.8 per cent in February to close at a value of Rs234 billion.

Rising international prices of crude oil have nearly drained the country’s external accounts.

“Within the EU this has been a British lead initiative in council, commission and parliament."

Massive selling by foreigners in the last hour hit the broader market hard.

“The commission’s compliance-oriented approach has started producing positive results."

The representatives of KCCI were speaking during a presentation to FBR Chairman Salman Siddique.

Pre-feasibility study of the project to be completed by the time of Zardari’s visit to Turkey in April.

Pakistan and Uzbekistan may trade off concessions on opening of markets and transfer of prisoners.

Our information superhighways may be suffering from the same ailment as earth: overcrowding.

Losses of the company tripled to Rs1.5 billion in 2010.

Competition Commission issues conditional approval.

Two car makers – Pak Suzuki and Honda Atlas – officially announced increase in different variants of their cars.

Trading volume rises to 117 million shares.

Provincial govts insist that this ‘unconstitutional body’ should be dissolved forthwith.

BOC Pakistan Limited, a member of The Linde Group, has proposed to change its name to Linde Pakistan Limited.

Manzoor served for seven months after joining the bank in August 2010.

Pakistan Business Council calls for long-term measures.

Contract workers and terminal operators dispute remains unresolved.

Legislator asks govt to switch to a productive job creation strategy.

Reserves held by the central bank rose to $14.19 billion from $13.97 billion.

Checkpost to be set up that will be operational from April.

Surplus in February offset by bigger-than-expected deficit in previous month.

Platinum Award (2nd Position) awarded to Tribune.com.pk in the category "Press & Media".

Customs officials have stepped up vigilance at border towns to control the smuggling of the commodity.

Rise in excise duty, high input prices cited as reasons.

Industrialists and businesspersons reject flood surcharge and ordinances that withdrew sales tax exemptions.

Top decision-making body drops multi-billion-rupee project envisaged to secure Islamabad.

Continued selling pressure kept the local market depressed, despite improvement in regional markets.

CAA staged protests to press government to approve a revision in their salary scale.

Engro Corporation is planning to list its subsidiaries at local stock exchanges this year.

Government approves Rs165 billion sovereign guarantees for procuring 6.6 million tons from farmers.