Business

Three parties express interest in acquiring Heavy Electrical Complex.

OGDCL board approves award of contract to Kahuta Laboratories.

Current account surplus, high exports and remittance lend support.

FBR expresses serious concern over transaction of money abroad due to tax liabilities: Minister for Petroleum.

Hopes to generate Rs400b activity in the next ten years.

Small businesses to be assisted in energy-efficient production.

Lack of standards and inability to enforce standards hampering local pharmaceutical growth.

Also expresses interest in banking and infrastructure projects.

Demand payment of outstanding Rs10b from government.

Grim news on economic front subdues activity.

Govt should assist women to play a more active role in development.

‘There is a need to invest in human resource development’.

Failure to shift to IPv6 can result in Pakistan being cut off from rest of the internet.

100-member delegation comprising industrialists and traders to visit Uzbekistan to explore business opportunities.

Govt borrows more than the targeted amount.

Top priori­ty is to reduce fiscal defici­t that fuels inflat­ion.

Largest mobile phone maker tries to capture Chinese mobile market.

Local textile exporters to make list of zero-rated products for next stage of free trade agreement talks.

Benchmark KSE-100 index down 15 points.

‘Need to create a pharma policy research council’.

Necessary commodities to be made available at reduced prices at utility stores across the country.

Oil minister says the govt provisionally cancelled licences of five small OMCs.

Twenty-two projects costing Rs119 billion of the 38 projects are related to the infrastructure sector.

Deal constitutes a massive victory for Nokia and ends years of tit-for-tat suits filed by the two companies.

Director Ghafoor Mirza promoted to chairman to take the reins of the bank which has been rocked by a financial scam

Seek government support in the form of duty-free import of raw material.

Conference for achieving quality research, technological advancement.

License of Al-Qaim money changer in Quetta suspended on account of reported violations of rules and regulations.

Halt to Attock Refinery unit caused fuel shortage: petroleum minister.

The directors have decided to submit the scheme to the court for approval.

Benchmark KSE-100 index down 24 points.

Interest-free loans will be given to cobblers to boost industry.

Company directors meet today to finalise the contract.

Invites Singaporean delegation for deliberations.

FBR member says taxpayers have decreased, evaders have increased.

Bank of Punjab may be the financial handler: analyst.

Air carrier needs money for debt restructuring and aircraft purchase.

Software piracy caused an estimated loss of US$217 million to software companies in Pakistan in 2010: BSA estimates.

Fiscal deficit likely to stay high at 5%.

The unending energy shortage showed its new face last week when petrol stocks plummeted.

Asia said to be at the heart of the new global economy.

Companies will be forced to adapt or give way to new players.

Restructure and reorganise state owned units before putting them on sale.

Tax collection needs to be revamped and tax payers should get incentives.

Last week we saw shortages of petrol at pumps across the country. Here is some background.

The benchmark index gained 1.2% as activity in blue-chips picks up.

Development plan includes massive upgrades to Sindh’s power and transportation infrastructure.

Budget uncertainty holds back transactions in market: Analyst.

Other sectors will also be offered concessions.

Study under progress to either scrap or revive oil and gas exploration project.