Business

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.

Experts agree that target is too low, shows lack of will.

Government must reduce its expenditure and bring down its borrowing from the financial sector.

Additional €48.5m will be granted for alternate energy.

SECP reorganises itself into five divisions and five departments to improve working and ensure effective regulation.

Attock gains the most share while circular debt haunts PSO.

Aims to reduce reliance on foreign loans.

Country director says this will help Pakistan resolve energy crisis.

SECP gives London based group 90 days to make a public offer for the acquisition of 80% stake in Agritech Limited.

Benchmark KSE-100 share index firms 47 points.

Expatriate workers send more than $1b for third consecutive month.

Gap between imports and exports grows 128% from April.

Development of power sector is a priority, says Sindh finance minister.

Punjab government will receive Rs.8.5 billion in foreign aid for Millennium Development Goals projects in Punjab.

Urged to relocate Chinese industries in Pakistan.

Pakistani business delegation visits Korea to invite investments.

Mobilink leads with 31% share in overall subscriptions.

Company to establish plant near its refinery site in Hub.

Pakistan to seek duty-free access for certain products to Indonesian markets.

The slaughterhouse is expected to become operational in 18 months.

Benchmark index down 37 points.