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Arif Habib features among world’s best performing equity funds
Three funds run by the company were among world’s 100 best in 2012.
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Awards season: CCP wins global recognition
The Competition Commission of Pakistan (CCP) has been short-listed by the Global Competition Review (GCR).
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Rice exports to Iran fall 82%, India captures market
Millers seek currency swap deal to give a boost to exports.
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Pak Suzuki reports 23% higher profits for 2012
Analysts say company will not be happy with the result.
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Why Standard Chartered is still growing in Pakistan
As global competitors leave, London-based giant is building a tech-savvy franchise.
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Neelum Jhelum: Banks losing interest in financing major dam
Give no commitment as WAPDA seeks a loan of $500 million.
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Islamabad high court: Mobile companies told to cease prize schemes
The IHC on March 8, dismissed a writ petition filed by the five CMOs in the country regarding their prize schemes.
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Online filing: SECP moves to eServices
The requirement shall come into effect after two months of the date of notification.
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Australian envoy calls for strong bilateral ties
Says will ensure greater transfer of expertise to Pakistan.
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Country must shift to coal-based power
Motiwala calls for formulating real and effective energy policy.
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PM approves FODP’s capacity building report
Report opposes parallel institutions that promote inefficiency.
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Labour migration: Migrant workers fleeced by visa ‘processors’
Individuals appointed to handle passports charging applicants illegally.
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Market watch: Bourse continues recovery as tensions ease
Broad-based recovery at bourse helps index climb 61 points.
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Economic challenges: FCCI urges sustained growth of 8% per annum
Top priority for the govt should be revival of the economy.
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Punjab’s businesses want a speedy end to election ‘drama’
Would like nothing better than to see a peaceful transition – soon.
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UBL outperforms its peers for the second year running
UBL’s “Omni” continues to lead innovation in branchless banking segment.
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Incoming calls petition: SC suspends stay order
The petitioners said that some telecom companies had approached the SHC and got a stay order by concealing facts.
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Eight-month performance: Govt spends about Rs950b more than its income
Deficit widening due to hefty subsidies, costly borrowing and falling tax revenues.
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Strengthening old ties: Pakistan to welcome Iranian investment
Iranian Commercial and Economic Consul invited the Pakistani traders and investors to visit Iran.
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US, Pakistani scientists collaborate to increase wheat yields
Multiple projects already underway in the country.
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Furniture industry enjoys boom despite energy, security woes
Believes negative factors do not hurt consumer’s purchasing power.
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WAPDA chief to look after affairs of power firms
Earlier, water and power sectors were working separately.
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Australia calls for tapping trade potential
Sees textile, dairy, agri mechanisation as areas of cooperation.
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SECP introduces automated system for insurance surveyors
System to be used in licensing and registering surveyors.
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Market watch: Index recovers ground on flurry of good news
Banking sector rebounds; textiles, cements and telecom in the limelight.
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International firm introduces three Shariah-compliant funds
Funds to be distributed through commercial channels worldwide.
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Economic achievements: President addresses business community
Calls for ownership of development projects.
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A golden goose: Govt under fire for ‘misdealing’ with mining company
Refuses to transfer ownership to Balochistan citing ‘outstanding dues’.
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Unable to run itself: FBR unfreezes PIA accounts after partial tax payment
Airline deposits Rs85m against outstanding FED of Rs3.5b collected from passengers.
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As SBP enforces minimum deposit rate, banks expect hit on earnings
Stocks fall as investors lower their exposure to a sector with narrowing margins.
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Cotton production 11.7% lower so far this year
Arrivals of cotton register fall over previous year due to flood losses.
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‘Textile industry defrauded exchequer of Rs500b’
Former finance minister says tax refund claims exceed tax payments.
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Change: Kocsis new Telenor Pakistan CFO
The new CFO has 17 years of financial management experience and has been associated with Telenor since 1993.
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MOL acquires 30% interest in Ghauri block
Farm-out agreement signed with Mari Petroleum Company.
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Market watch : State Bank announcement triggers selling frenzy
Investors sell bank stocks on fears of lowered profitability.
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With two new appointments, SBP finally has full board
Muhammad Hidayatullah and Zafar Masud become newest members.
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Certified used vehicles: Pak Suzuki sells most of the cars in first few hours
Encouraged by the response, the company will make such offers in Lahore and Islamabad as well.
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CCP issues notices to four power companies
Blames these DISCOs for abuse of dominant position in the market.
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Petroleum Policy 2012: Controversy over gas price could cost govt billions
CCI to decide whether to give higher price to exploration firms or not.
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Petroleum: Byco’s new refinery completes trial run
The production capacity of the refinery has now gone up to 18.5 million tonnes.
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FBR targets 0.3m would-be taxpayers in first phase
Will unveil a ‘Shame and Name’ scheme to name tax dodgers.
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Statistics on textile industry in Pakistan
The Textile sector contributes 9.5% to the GDP.
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Strong growth spurs mill to go for major expansion
Premium Textile is investing most of its earnings to boost sales by 60%.
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Is the textile sector finally headed for consolidation?
Energy crisis sparked a trickle of sell-offs that has the potential to become a wave.
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Building an iron grip: Textile sector on KSE – things changing for better
Companies becoming liquid, paying dividends and enjoying bright outlook.
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Statistics released: SMSes most favourite medium of data transfer
Telecom industry grew 35% in short messaging segment in 2011.
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Weekly review: Politics drags KSE-100 index down 300 points
Domestic and global politics both contribute to market’s woes.
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Support: Project initiated to empower small businesses
Jatoi calls for providing more legal services to small businesses.
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EFU Life Assurance confident about market growth in long run
Increases spending on ads and publicity by 400% in a year.
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Romania opens consulate to deepen trade ties
Consultants are arriving to promote power production from coal, water.