Business

Gul was selected for her BLISS venture aimed at educating poor girls.

Sector witnessed 28% jump in earnings despite rise in input costs.

Financial trouble and low student admission plague the premier textile school.

Investors avoided taking fresh positions ahead of the weekend.

Say 30% of processing units have already closed down in the city.

Centre and provinces will put heads together to reach a decision.

Government considering banning the use of gas in private vehicles.

Says mineral rules have been violated, Balochistan rejects accusations.

As many as ten bidders express interest in National Power Company.

Foreign portfolio investment fell 200.8% with outflows of $102.1 million in the first quarter of fiscal year 2011-12.

Reserves held by SBP fell marginally to $13.27 billion compared with $13.28 billion the previous week.

High interest rate and shortage of gas blamed for declining textile industry.

Company remains committed to opening largest such facility in Pakistan.

Secretary suggests reducing price difference between CNG and other fuels.

Minister sees urea prices coming down by Rs400 as a result of the levy.

Investors book profits over fears of European debt crisis spreading to US banks.

Petroleum minister says he recommended only three candidates.

Labour-intensive industry demands priority in energy supply.

Says hoarding denies the full benefit of fall in prices to consumers.

Experts discuss risks, talent management and technologies.

Fresh graduates should not fear failure or family pressure.

Diplomat sees huge potential for mutual cooperation in diverse fields.

Pakistan to benefit from UAE, Qatar elevation to higher MSCI index.

Expresses concern over move to renegotiate gas price with Iran.

Presses govt to withdraw CNIC and NTN submission condition.

Gap between external receipts and payments will widen by $1.2 billion.

MoUs will bring $9b investment in coal mining and power generation.

Move aimed at controlling street crime in the city.

Letter of credit-backed mechanism suggested to avoid debt pile-up.

KSE’s benchmark 100-share index crawls down a point.

Provincial govt terms feasibility study incomplete; TCC spent $220m and four years to compile the report.

Official says TTC can appeal against the decision in court, Balochistan govt reserves right to refuse mining license.

Telenor customers Pakistan will be provided this services later in the year 2012.

Meetings to grant extension to director’s tenure from one to two years and conduct elections for directors for 2012.

Amount was provided to the Research and Development Division of OGDC, for conducting geological surveys.

Ludhiana city has been exporting goods worth over Rs1 billion every year through Middle Eastern countries to Pakistan

Association says certificate only needed for packing bags.

Corporate regulator prepares concept paper, seeks feedback from bourses.

ECC has already approved import of fertiliser through trading agency.

KSE’s benchmark 100-share index crawls down 14 points.

Bangladesh objects to export of eight products mainly garments.

District committees formed to monitor cane purchase.

Speakers talk about measures to meet international standards.

Textile industry may benefit the most from trade liberalization.

Guard and sweeper sold papers to street vendors for peanuts.

Requests fellow ministries to arrange Rs60 billion for PSO and avert possible halt to oil refinery operations.

Pakistan had the third highest SMS traffic in the world in 2010.

The Turkmen government sources declined to give details of the price.

Singtel, which owns 30% stakes in Warid, said that the telco had posted a net loss despite a 10% growth in revenues.

At the end of quarter Mobilink had 33,416,969 customers up 6.3% from the same period last year.