Business

Activity surges as politics takes a back-seat during the shortened week.

Federating units accuse centre of subverting the budget through tax breaks.

Narrowing the interest rate corridor is a precursor to entry into the IMF programme.

SBP has admitted failure in attempt to kick-start expansion of private sector credit and to trigger investment, growth

The SPI for combined groups was up 0.02%; up from 190.72 points in the previous week to 190.75 points this week.

Says institutions and academia should contribute to creating knowledge.

Say govt officials not doing their job, wasting money.

According to BMA Capital, the company’s urea production fell 22% to 977,000 tons in 2012.

Benchmark KSE-100 index rises 94 points.

British retail chain’s team to arrive for inspecting processing facilities.

After winter break, SNGPL resumes supply for two days a week.

Money managers overshoot spending target, revenue collection falls.

Narrows interest rate corridor to discourage borrowing by commercial banks.

Governor asks for closer cooperation between banks.

Hackers breach US-based firm’s security system twice in three months.

Senate recommends outsourcing management to the private sector.

Benchmark KSE-100 index falls 25 points.

Announces a dividend of Rs3 per share, bonus share issue of 10% .

Unit in Basra expected to start production by the end of 2013.

Initially, 1,000MW will be generated from sugarcane by-product.

Review committee agrees on the procurement plan for 2013 crop.

Licences granted to 25 non-profit bodies so far this financial year.

Caretakers can provide temporary relief by gaining IFI support in return for some upfront actions.

Foreign investors lead the charge to keep blue-chip consumer goods giant public.

India plans to spend around $100 billion over the next 10 years to upgrade its mostly Soviet-era military hardware.

With a draft of 25 metres, the Byco SPM can accommodate vessels carrying crude/petroleum products of over 100,000 tons

Envoy says investors would like to wait till next govt comes in.

Says the status quo will remain; urges workers to make sincere efforts.

Asks govt to resolve the issue or risk meltdown of the industry.

Benchmark KSE-100 index climbs 121 points.

Premier presides over the sixth board meeting of the investment board.

Shipments pick up pace after free trade accord with Beijing.

Pak Railways’ revenue share in train service cut from 88% occupancy to 65%.

Report cites IMF loan repayments, dollar weakness and lack of foreign loans.

It is unfair now to the people who paid for the conversion, to suddenly find that there is no more CNG.

It was decided that the agreement reached will be applicable to fresh import and export containers from February 6.

University of Agriculture Faisalabad to launch satellite campuses to cater to growing demand for agri-education.

Fertiliser and pesticide companies may have created hurdles in its adoption.

Companies want to set up industries in Karachi.

Loans given by poverty alleviation fund rise Rs2.6b to Rs14b.

Conflict between the company, coal supplier results in closure of power unit.

Country needs consistent policies for consistent growth of the industry: PAAPAM.

Share of short-term debt with a maturity period of less than a year has increased to 54.2% of total domestic debt.

The grid station will be shared jointly by KESC and AKHMCF.

Software helps importers, exporters in filing shipping documents.

Demand may have increased 30-35% in January alone.

Stellar oil production, favourable oil and gas prices, depreciation of rupee contribute to astounding performance.

Higher international call rates expected to boost revenues.

Earlier, the levy was rejected twice by the Lahore High Court.

Local demand increases, but exports lag behind.