Business

$14m will be released to support small businesses in K-P, FATA.

Company’s net profit falls 14%, result much lower than market expectation.

Power distribution companies had sought an increase of 39 paisa per unit as part of fuel adjustment for January.

25,000kg will be exported every two weeks.

The government has earmarked $300 million to introduce modern technology and reduce wastage of resources.

The Karachi Stock Exchange benchmark 100-share index ended 0.14 per cent or 15.84 points higher at 11,539.26.

UAE based conglomerate shows interest in investing in Pakistan, planning to import rice worth $54.45 million.

Government has 10 days to clean up the area plagued by extortion and muggings

Nepra allows price increase of by 33 paisas per unit under monthly fuel adjustment formula.

Cellular subscribers in Pakistan surpassed 102.77 million mark in 2010.

There are advantages to pushing for more of a risk-taking culture during tough times.

Forum Nokia invests in top Pakistani developers with hands-on training to bring out the best local apps on Ovi Store.

Govt to strengthen local research institutes and to import available technologies.

Hoarding of petroleum products, overcharging cited as reasons.

The first project expected is a 750-megawatt combined-cycle plant in Guddu.

Project expected to create 45,000 jobs.

The government is expected to pick one of three options for the monthly price revision of petroleum products.

Largest life insurance company holds on to perfect rating assigned by PACRA for another year.

Sindh Minister for Youth Affairs Faisal Ali Sabzwari says government faces a ‘now or never’ situation.

Pakistani oranges will be available to consumers in the Netherlands from February 25 onwards, says diplomat.

Plans to assimilate webOS into existing range of computer models as well.

Authority dispels impression that newly appointed PIA MD is also heading CAA.

Only 18,098 of 44,794 registered corporate taxpayers filed their returns for fiscal 2010.

Statutory liquidity requirement for Islamic banks has been raised to 14 per cent of total demand liabilities.

KSE-100 index ended 126 points lower on Wednesday.

A massive cut of Rs100b in federal development budget will largely affect projects in Punjab and Sindh.

Zardari invites Japanese investors and giant business houses to avail investment opportunities in the SEZ.

The Karachi Stock Exchange benchmark 100-share index was 2.64 per cent or 315.3 points lower at 11,711.29.

Money market funds provide support.

HS Group CEO Anwar Qayyum said that the strike has badly affected the image of the country.

Port activities resume after 25 hours.

14-member delegation visits Karachi.

Narowal project expected to start operation before April.

Exports from food group also rise.

Cites low gas supply from SSGC.

Inter-corporate debt has limited the ability of refineries to import and refine crude oil.

Collection from country’s largest industrial area at dismal level.

Rising costs turn out to be the speed hump.

President Zardari discusses economic cooperation with Japanese minister for economy, trade and industries.

OICCI releases survey results for third quarter of 2010.

the ministry has started consultations with key labour market stakeholders in provinces to get their feedback.

Askari Bank profits decrease while Mybank losses fall.

PSO has warned that it will discontinue supplies of oil to Pakistan Railways.

Petrol and diesel prices could rise by up to Rs12 per litre.

Fall in New York price does not affect domestic market.

Aim is to encourage investment in sector.

Port activities come to a halt.

Manufacturers change packaging to discourage copying of products.

KSE-100 index falls 76 points.

PSO to receive 80% of the amount, another Rs30b to be provided next quarter.