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Backbone: Overseas Pakistanis support economy
Overseas Pakistanis contributing more than $10 billion annually in the form of remittances.
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Rice oil: Pakistan to buy machinery from India
Delegation of rice exporters to visit Delhi this month.
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Market watch: Karachi bourse falls along with regional markets
Benchmark index down27 points.
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SECP approves cotton futures contract
Decision expected to benefit textile, agriculture and capital market.
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Mango export to US moves a step further
American firms to get import permits by month-end.
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OGDCL cancels $186m Uch-II development project
Decision came after court vacated its stay order.
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Four alternative energy projects to secure financing this year
Pakistan has the best location for solar energy production: expert.
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Economic body to review 46 projects next week
Energy, health and education projects worth Rs300b may be approved.
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EU trade chief proposes more imports from developing states
Pakistan may gain from trade benefits, some EU members oppose the plan.
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Joint venture: Turkish companies considering investment
Punjab attracts foreign investors: Turkish official.
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We can increase tax collection without RGST: FBR
Implementation must for restoration of $11.3b IMF programme.
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Mobile handset imports see sharp rise
Imports from July 2010 to March 2011 rise to Rs 33.5b, as opposed to Rs 18b in corresponding period of previous year.
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Expo to be held in October
Investment conference planned for the first time.
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Executive directors’ appointment: OGDCL gets legal notice for ‘unjust’ shortlisting
Company shareholder warns he may approach Supreme Court.
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Suzuki sales to grow 10% despite supply issues
Swift and Cultus sales decline in first quarter.
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Govt to ensure timely payments to farmers
A comprehensive mechanism has been devised to achieve the target of purchasing four million tons of wheat.
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Bhit field SSGC gradually restoring full gas supply after maintenance
Gas distribution remains difficult for the company.
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Commodities: Global prices steady in April
Sliding dollar and increased oil prices kept global food prices steady in April.
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Energy cooperation Pakistan and Kuwait set to sign MoU
Kuwait to offer financial and technical assistance for gas pipelines.
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Market watch : Renewed investor confidence lifts bourse
KSE-100 index jumps 235 points.
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Volume-wise: Commodities exchange beats stock markets
New products, low cost attract investors.
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Food inflation beyond national control: Shaikh
Minister underlines need for sharing best practices to boost productivity.
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Pakistan, IMF to meet in Dubai on May 11
Officials will finalise broader framework for upcoming budget.
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No more public company: Pakistan Telephone Cables plans delisting
Company losses increase, no dividend expected in near term.
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Agriculturalists block imposition of farm tax: FBR
Tax official says Federal Board of Revenue’s performance not up to the mark.
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Provisional report: Floods, power outages drag growth rate down to 2.4%
Major push came from services sector, industrial sector contracted.
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World Islamic Finance Summit 2011 : SBP offers incentives to Islamic banks
Islamic banking share expected to increase to 12 per cent.
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Cement sales fall 8%
Higher input costs hurting industry, says official body.
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Moody’s says no risk to Pakistan’s rating, aid
We don’t think IMF programme is going to be disrupted: Moody’s analyst.
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Demonstration: Industrialists protest against power outages
Protesters blocked the main Shahabpura Road for about three hours by burning tyres and parking large-sized containers.
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OGDCL warned against deal with dubious firm
Company management under investigation for misappropriation.
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Powers of OGRA member gas restored
Member can grant LPG and CNG transportation and marketing licence.
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Power tariff raised by Re1 per unit
KESC allowed increase of 53 paisa.
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Govt to sell 88% shares of Heavy Electrical Complex
Privatisation Commission invites expressions of interest from investors.
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CNG price increased by Rs1.02 per kg
Hike came in the wake of high oil and power prices.
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Circular debt eases : Govt releases Rs120b power sector dues
Capital injection expected to improve performance, but budget deficit to rise.
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Major strike may lead to petrol shortage
Oil supply affected after All Pakistan Oil Tankers Association goes on strike, petrol stations
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CNG, electricity prices rise across the country
CNG prices to go up by Rs1.5/kg and electricity prices by one rupee per unit.
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Education: Young Pakistanis are driver of prosperity
Companies’ long-term survival depends on ethics, according to Chartered Institute of Management Accountant.
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PIA revenues rise 12.5%
Overall financial position mainly affected by fuel prices.
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Results season comes to an end: Corporate earnings jump 19 per cent
Manufacturing sector rises on goods’ prices and not sales.
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FBR seeks steps to meet tax target
Conference called to invite proposals from tax officials.
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Concessions to Pakistan: India opposes EU trade relief, again
Time-bound trade concession package remains unapproved nine months after last year’s floods.
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Market watch : Stocks fall amid low volumes
KSE 100-share index loses 79 points.
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Gas company transfers GMs, engineers
Move part of restructuring of oil and gas sector.
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Deal signed to facilitate imports into Pakistan
ADB, Australian company join hands to share trade risk.
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SITE area faces water shortage
Chief minister’s help sought to resolve the problem.
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Youth entrepreneurship project launched
Participants will be trained in various IT skills.
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Inflation sprints to 13.1%
Fuel, electricity and food prices pull up the index.
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Business process outsourcing ranking plummets
This may have a negative impact on business growth.