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Korangi Industrial Area: Sindh police to train, equip private security force
These guards will provide special protection to businessmen.
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Parco increases LPG price by 10%
Parco’s new price is slightly lower than the rates of other public sector producers.
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Six small dams to be completed this year
Stored water from these will be utilised to irrigate agricultural land.
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Inter-corporate debt: After PSO, refineries seek release of funds
Companies request petroleum ministry to ease debt burden.
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Weekly review: Rally continues for fourth straight week
KSE’s benchmark 100-share index gains 92 points.
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Without Jobs, Apple’s gap with rivals could narrow
The death of Apple’s inspirational leader is likely to give major rivals a greater chance to catch up.
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iRon-fisted Genius: Steve Jobs’ controlling disposition
Former Apple CEO, Steve Jobs, kept a tight grip on his company as he resurrected the dying technology firm.
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Pakistan Cards: Banks cannot collect service charges
SBP asks banks for uninterrupted ATM services in flood-hit areas.
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Production of 12.5m cotton bales expected
Bumper crop in Punjab compensates for losses in Sindh.
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SECP seeks comments on securities rules
Law ministry approves changes to the regulations.
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Cement industry gets back on track
Price increase of 32 per cent does the trick for the sector.
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‘320MW power plant to be operational next year’
Project to help ease power shortage in Faisalabad’s industrial areas.
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Microfinance: Research fails to evaluate broader services
Pakistan Microfinance to conduct study on the sector.
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Monetary policy preview: Analysts divided on extent of interest rate cut
Most expect discount rate to be reduced by 100 basis points.
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LNG terminal deal signed
Terminal at Port Qasim will handle 400-500 mmcfd of gas imports.
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Market watch: Stock market ends range-bound
KSE’s benchmark 100-share index crawls up 15 points.
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Business activities: Strike call receives mixed response
Major trading centres remain closed while industries run as usual.
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'Power turned off to protect system, not through malintent': MD PEPCO
MD PEPCO says they are investigating the unscheduled power shutdowns.
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CIO Pakistan: IT Industry, an answer to the energy crisis
An out of box solution has become an urgent need of the hour to deal with unprecedented energy shortage in Pakistan.
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District govts to transfer accounts to Sindh Bank
50 branches to be opened in province by year-end.
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Non-life insurance sector profits surges
One-off gains by industry giants act as a catalyst.
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Ban on new gas connections not the answer: analysts
Govt urged to step up exploration, improve management and supply.
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Chain Reaction: LPG prices decline on new policy
New LPG policy forces all LPG producers to reduce LPG prices by Rs11,700 per ton, cut price on cylinders.
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Zarai Bank wants to enhance lending
Seeks World Bank assistance to increase credit from Rs70b to Rs895b.
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Oracle appoints advisers for Thar coal project
Citi selected for the job to advise on funding solution.
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Per capita poultry meat consumption only 4.2kg
Poverty termed major reason for low demand.
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Financial constraints: Govt to take away another piece from PSDP budget
Scarcity of resources cuts number of projects to 1,252 from over 1,900.
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Market watch: Stock market falls on profit-taking
KSE’s benchmark 100-share index drops 29 points.
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27,000 tons of imported urea arrive
Further 52,000 tons coming next week that may ease shortage.
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Benchmark rate: NEPRA approves tariff for wind power projects
Investors encouraged to borrow from foreign banks.
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Power generation: Company formed to oversee and control operations
Private sector will take decisions and enjoy financial autonomy without govt intervention.
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Cement prices increased to Rs400 per bag
Rates rise despite a cut in excise duty in budget.
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Cotton: Forum urges price to be fixed at Rs3,500 per maund
Farmers purchase all agriculture inputs at very high rates, but the end crop is being purchased at very low price.
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Temporary reprieve: Court extends stay order against LPG policy
Industry welcomes move; asks ministry to engage with them.
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Gas Fields: OGDC increases prices of uncapped fields
PPL is the major beneficiary of increase in wellhead gas prices due to company’s heavy production profile.
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Pak-India ties: Negative goods list being prepared to boost trade
Positive list to be replaced with negative one to expand product range.
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LNG importers: Gas companies to charge transportation fee
Access to pipelines to be given on first-come-first-served basis.
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Faisalabad disburses Rs4b in sales tax refund
Official claims refund cases being processed within time limit.
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Market watch: Bourse falls as investors book profits
KSE’s benchmark 100-share index dips 65 points.
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Temporary: IMF offices closed on security concerns
Decision taken on advice of IMF headquarters: finance ministry official.
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Deep water port: Karachi Port Trust hits back on allegations
Refutes accusations of impropriety; points out the need for such a project.
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Poverty rate: Three years on, govt decides to redraw the line
Poverty numbers may be released in a couple of months: Planning Commission.
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Lahore chamber slams government’s one-sided ‘orders’
Annual meeting of All Pakistan Paper Merchants Association held.
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Small and medium enterprises: Funds shortage hampers progress
To create links, SMEs have to approach banks in big cities.
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Marble exports much lower than target
Processors say power outages have cut production to 30% of capacity.
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‘Forest cover reduced to 2%’
It was 6% at time of independence, says expert.
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Power companies pay just Rs10b to PSO
To end circular debt, govt plans to impose petroleum levy on natural gas and LPG.
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LNG terminal: OGRA issues three construction licences
PM directs authorities to expedite import process.
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Market watch: Fertiliser stocks turn to gold as investors scramble to buy shares
KSE’s benchmark 100-share index surges 225 points.
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News tickers: Advertisers demand TV ads without interruption
PAS extends deadline for TV channels to December 31 to comply running ads without interruption.