Business
More News
-
Industries face eight hours of power outages
Gas shortage causes supply disruption.
-
NA panel bars govt from renewing agreement with BP
Debates whether the agreement stands after sale of BP assets.
-
Pakistan lures Chinese investment in Thar coal
International firms confirm presence of huge coal reserves.
-
Large-scale manufacturing output falls by 2.3 per cent
Floods impede industrial sector growth.
-
Ancient technology hinders Russia’s entry into oil and gas sector
A Russian delegation was due in January but the visit could not take place due to OGDCL’s reservations.
-
SBP criticises economic management team
First quarterly report highlights failures in policy initiatives to stabilise economy.
-
Govt intervention causing market distortions: SBP
Excessive borrowing by government from listed banks limits the ability of private sector to raise funds.
-
State of the economy: SBP revises inflation forecast to 16%
Central Bank chides govt for ‘diluting measures to contain inflation’.
-
Every Pakistani owes over Rs57,000 in debt
Country's total debt and liabilities touch Rs10 trillion-mark; per head level increased by Rs22,000 since 2008.
-
Industry opposes power outages
Site association chairman says KESC again committed the same mistake by not taking stakeholders into confidence.
-
Swiss to increase engagements
Switzerland government funding two-year programme in Pakistan to strengthen principles.
-
State Life Insurance secures Rs9.3b premium
Company considering launching new life insurance plans so people can invest small savings in policies.
-
Philippines to enhance trade with Pakistan
Working group formed to look at possibilities of business in more products to enhance trade.
-
Punjab to develop new industrial zones
Punjab Industrial Estates to expedite industrial infrastructure growth through public-private partnership model.
-
Govt urged to break economic logjam
Economist calls for better governance, high revenues and low expenditures
-
President keen on mango exports to Far East
Incentives, seminars being planned for farmers and exporters.
-
Tax target and collection gap widens
FBR collects Rs763b in seven months, compelling the government to borrow money.
-
PEPCO to add 1,150MW by summer
Five new power plants to start operations.
-
Power ship to reduce energy shortage: Ashraf
Karkey Karadeniz power ship of Turkey to contribute to electricity generation in Karachi.
-
Market watch: Stocks end down in volatile session
Karachi Stock Exchange benchmark 100-share index ended 86 points lower on Tuesday.
-
Industrial areas pay the price: SSGC curtails gas supply to KESC
Korangi and SITE areas will each bear four hours of power outages after technical faults in different fields.
-
Traders buy two million tons of wheat for export
The government expects a harvest of 23.5 million tons against a target of 25 million tons in 2010-11.
-
ECC meeting: Fertiliser prices likely to rise on urea shortage
Top economic decision-making body decides to import rather than restoring gas supply.
-
Telcos beware: PTA launches online complaint system
PTA launches "Online Complaint Management System" to help telecom customers seek timely resolution to complains.
-
IMF refuses talks with cash-starved Pakistan
IMF refuses to send mission to Pakistan on restoring the $11.3 billion-dollar bailout package.
-
Rs11 billion lost to gas theft last year
Four officials and 81 CNG stations found involved.
-
No BlackBerry services for foreign diplomats?
Operators told to block BlackBerry connections of foreign missions.
-
Mutual funds: Open-end funds grow, closed-end funds shrink
Industry shifting gears in Fiscal 2011.
-
Production: Industries to adopt cleaner techniques
Project to be launched in Sialkot.
-
Fruit and vegetable exhibition: Pakistan to participate in world’s largest expo
Around 2,300 companies from 135 countries to participate.
-
Textile sector: Turkey asked to remove duty
Pakistani people and government thankful to Turkish brethren for full-fledged support after earthquake and floods.
-
Lucky Cement profit falls 23 per cent on lower exports and margins
Country's largest cement maker manages to increase domestic share.
-
Liquefied petroleum gas: Prices expected to fall in local markets
Decline in international rates prime reason for expected fall of prices.
-
Market watch: Stocks fall more than 100 points in volatile session
Refineries plummet on deemed duty rumours.
-
Suzuki hikes prices by up to Rs20,000
Cites rise in raw material prices and Japanese yen as reasons.
-
Oil and gas: US firm shows interest in setting up refinery
Investors meet petroleum minister.
-
Pakistan Railways announces 10-15% hike in fares
The hike, which will be effective from February 1, is expected to yield a profit of Rs2 billion for Pakistan Railways.
-
Hardees takes on established names
‘It’s easier to launch a foreign franchise as people prefer international brands,’ says CEO of MDS Food Limited.
-
India courts investment as FDI slides
Bureaucratic and procedural delays are forcing investors to seek avenues other than India.
-
The week in focus
The fate of the remaining two installments of the $11.3b IMF standby loan programme is still uncertain.
-
Rising petroleum prices and the plight of the poor
The government must make policies that help in the equitable distribution of wealth.
-
Putting prisoners to work
Pakistan has a large number of offenders in jails who can be put to good use.
-
Ignore the public, save the economy
Why appeasing the people and doing the right thing are usually not the same.
-
The begging bowl
The government seems to feel entitled to IMF assistance without meeting any of the tough, but necessary, conditions.
-
Preventing economic meltdown
It seems everybody is helpless in the face of economic populism despite bad results from past manhandling.
-
Negative reaction: Cost of borrowing to rise, says economist
Central bank leaves discount rate unchanged.
-
Monetary policy: SBP seeks govt plan to limit fiscal slippages
Key discount rate to remain unchanged at 14 per cent.
-
Inflation: SPI rises 17% this week
The Sensitive Price Indicator (SPI) showed an increase of 16.86 per cent.
-
Stake purchase: Bestway Group invests $230m in UBL
The group has invested $230 million in the bank.
-
Industry seeks favourable policies for rice export
Emphasis on government, private sector coordination.