Business

Secretary Environment says government is working on policies to substitute liquid hydrocarbons with natural gas.

ICI Pakistan declared an increase of 18 per cent in net profit.

Rupee weakens, overnight rates up.

Entrepreneurs asked to consider buying and managing state-run units.

The Sindh Government has allocated Rs20 million to the newly-established Oil and Gas Department.

Net profit of DG Khan Cement fell 60 per cent to Rs192 million in the first half of fiscal 2010-11.

In the second electricity tariff hike since January, KESC has increased rates by Rs0.96 per unit.

The bourse in another lacklustre session eased on Thursday as volumes fell to a four-month low.

Despite inflation, mobile phones are consistently becoming less of a luxury and more of a necessity.

Pakistan is likely to have record sunflower production this year as cultivation will exceed the target.

Net foreign investment in Pakistan has increased by more than 44 per cent in the first seven months.

PSO halts supply of fuel to power companies again.

Food security being ensured for future generations.

Sector important for majority of the population.

Tea business affected by smuggling.

SECP has announced that no trading in listed term finance certificates (TFCs).

Says higher crop prices have jacked up farmers income.

New managing director, Nadeem Khan Yousufzai has assured PIA employees of better facilities and full-benefits.

The Danish company will be importing around 800 tons of dates every year, carrying a total value of $650,000.

Incentives offered include liberal investment regime, terminal for storage.

Total potato production for the year is estimated to be 2.3m tons and with domestic consumption around 1.6m tons.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 1.1 per cent or 131.75 points higher at 12,077.84.

This was the second consecutive price reduction in the last two weeks.

Pakistan rules out treaty without a condition of getting cashable financial guarantees on Kabul-bound goods.

Genuine gratitude goes a long way in engaging people and binding them together.

Damage can be reduced with the help of fibre glass, protective quoting.

Two vessels with a combined length of 350 metres berthed simultaneously at the jetty of FAP Terminal.

Industrial policy to be announced by June-end.

Declares 15% bonus shares, paid-up capital rises to Rs8bn.

Borrowing limit for plant and machinery enhanced from Rs1bn to Rs5bn.

Cost of sales stays lower than sales.

Targets maximum utilization and high market penetration.

Competition leads to more discounted products.

Benchmark KSE-100 index crawls up three points.

Inconsistent policies to discourage new entrants in industry.

Fertilizer and energy subsidiaries expected to be the backbone of the surge.

India takes a step towards financial inclusion with the creation of a new index compliant with Islamic law.

Facebook may be eyeing a move into mainland China, assuming authorities lift a ban on it.

A sharp rise in food prices in international markets has made production of essential crops important.

Nokia CEO Stephen Elop recently sends out a heart-felt memo to the company asking for radical changes.

The Planning Commission of Pakistan recently released a document that outlines new growth framework for the economy.

The new mobile computing medium is the smartphone; it came and saw and it conquered the computer.

Government borrowing from the central bank in countries like Pakistan is nothing but equivalent to printing notes.

Industry asked to focus on quality instead of quantity.

Turbine installed at Daman-e-Koh peak.

New evidence contradicts the telecom watchdog's claims.

Custom officials, importers and clearing agents were involved in the racket.

Mill loses Rs 100 billion in revenues as sales decrease.

Benchmark 100-index plummets 3.8% as Raymond Davis case and Moody's rating create panic at the bourse.

Norwegian investors eye housing, IT, oil and gas sectors.