Business

New branch to help grow banking in the area and provide people new opportunities.

Turkish, Russian banks may open branches in Pakistan.

Two day trade fair to to promote women entrepreneurs and establish business-to-business links.

Government officials meet bank representatives.

Says self-reliance to take time and country will have to depend on donors.

KSE-100’s 0.8% gain came mostly due to sharp increase in Nestle’s stock.

These people say they earn from agriculture and get money from abroad.

Penalties, surcharges waived on payment of actual taxes by June 30.

Allocation of Rs 2,030 million has been earmarked for the manufacturing industry sector in the year 2011-12.

Hydel power generation projects are part of the solution.

Benchmark KSE-100 share index dips 53 points.

‘Technologies can increase the effectiveness of business functions’.

People will be allowed to pay due taxes without any penalty before June-end.

Move is imperative for the survival of businesses: FPCCI VP.

Govt considers options to levy tax in 2011-12 or next year.

Plan to bring 12,310 acres more under agricultural land in K-P.

Jakarta blames Islamabad for lack of progress in negotiations.

Diesel and petrol prices reached record high in May.

The Corporation’s debt stands at Rs132 billion whereas the total worth of the company stands at Rs168 billion mark.

Tax authorities out to collect Rs140 billion in the remaining one week of the outgoing fiscal year; Banks are targets.

Revenu­es are meetin­g only one-fifth of the spendi­ng needs. Losses incurr­ed amount to Rs3 billio­n per month.

Over 25 varieties of mangoes up on display.

Estimates suggest that the smartphone share in Pakistan is 5% of the total mobile phone market.

State Bank lays stress on developing risk management infrastructure.

Deny that loan default is a chronic issue in agri sector.

Power producers will know from start about tariff structure.

‘Port to provide efficient logistical solution’ .

FBR will recover Rs5b in taxes from this amount.

Volumes also drop 40 per cent at the Karachi Stock Exchange.

Activity resumed in Balochistan after a lapse of two years in fiscal 2011.

Board decides to set up a company for project implementation.

Benchmark KSE-100 share index jumps 139 points .

Iran will provide electricity at low rates of Rs7 per unit from next month.

CCP takes a lenient view due to shipping body’s cooperation.

Road shows limited to state of Pakistan’s economy, did not offer the bonds.

Law for establishing economic zones to be approved soon.

APBOA representative says it is impossible for business to function with sales tax and high production costs.

PEPCO trying to upgrade transformers to ensure relief to consumers.

Advertising revenues expected to head north in fourth quarter.

Bank to launch $2.25b energy development fund for Asia.

Authors of report say that though literacy rates in Pakistan are a barrier, illiterate phone users are also SMS savvy.

Generated 90,000 downloads since its launch.

Benchmark KSE-100 share index rises 43 points.

Targets to collect more than Rs17b next year.

MSCI terms capital market ‘similar to last year’.

Lender says it will stop loan if govt transfers SECP’s surplus income to federal fund.

Almost all types of fertilisers are being sold at exorbitant prices.

Govt assures release of Rs8 billion before end of June.

Accused buys shares of company before a corporate announcement.

Dividend issued to support govt’s fiscal needs: analysts.