Business
More News
-
Investment shaved off: Templeton to cut holdings in emerging markets
Energy sector stock prices could be in for a bashing, OGDCL likely to be most impacted.
-
Market watch: Profit-taking emerges after four-day bullish run
KSE-100 index ended 24 points lower at 12,658 on Tuesday.
-
Arif Habib, MCB units all set to merge
Arif Habib Investments (AHI) and MCB Asset Management to merge, AHI to set up counters at MCB Bank branches.
-
Wheat output to allow exports: Farmers
Food Ministry official says output might be near target, traders see 2 million tonnes in exportable surplus.
-
Rental power company submits bank draft in SC
Techno Sahuwal Company submits draft of Rs1.825 billion as per the directives of the Supreme Court.
-
Furnace oil prices rise
Rates up in line with increase in oil prices in international markets.
-
Yield on sovereign bond continues to rise
Measure of risk rose by 14.8 basis points to reach 10.76%. Affects investor sentiments.
-
Foreign firms to invest in sewage treatment plants
Government urged to take encouraging steps for development of water treatment plants.
-
Thar coal mining: UK firm to raise funds for project
UK-listed mining firm Oracle Coalfields planning Pakistan’s first large coalmine.
-
Competition Commission inducts new member
Federal government appoints Moin Batlay. Move takes strength of CCP to five.
-
Convocation: Youth urged to be mindful of change
Graduates need to be bold and innovative to excel in the rapidly changing world.
-
Economy to be back on track soon: Shaikh
Finance minister attends third session of Pakistan-Kuwait Joint Ministerial Commission, invites investors to Pakistan.
-
Market watch: Stocks surge to 31-month high, volume at nine-month peak
KSE-100 index ended up 148 points higher at 12,681.94 on Monday, its highest close since June 2008.
-
‘No credit facilities for middle class’
The microfinance sector witnessed impressive growth between 2003 and 2007 as the number of borrowers grew to 1.8m.
-
Text messages: Prime source of revenue for cellular operators
Pakistanis sent 151.6 billion messages in calendar year 2009.
-
Automobile sector: Policy for new entrants prepared
Policy prepared to encourage production of low-cost vehicles. Present assemblers will be provided protection.
-
Talking business
The word ‘aid’ cannot be mentioned to our creditors without the word ‘reform’ in close proximity.
-
The week in focus
The cash crunch and inter-corporate debt continues to haunt the government.
-
Averting food insecurity: Growers need to plan ahead
Loss of cultivated areas to the floods can be balanced by increased yield.
-
Currency: India ups the ante
The symbol aspires to establish its own identity and join the ranks of other first-class currencies.
-
Rs1 billion refund: ‘Techno Energy victim of Pepco machinations’
Power company alleges Pepco’s defaults were the actual reason for delaying the project.
-
Regional trade: Onions versus wheat
Commodity markets in India say the outlook for Pakistan's wheat harvest for 2010-11 is questionable.
-
Eighteenth Amendment: When governments compete, citizens win
How the new constitutional framework is encouraging competition between the provinces.
-
Analysis: What is at stake in Reko Diq?
Nothing is lost at the moment because the mining contract has not yet been awarded.
-
Diamer-Bhasha dam: ADB to provide financial and technical assistance
Project will help in flood mitigation and economic development.
-
FBR: ‘Government in state of fiscal emergency’
Revenue chief seeks working partnership with businesses, promises expedited refunds.
-
Banks to open remittance payment centres
SBP takes decision in view of continuous increase in money transfers.
-
Country’s first dedicated gaming laptop unveiled
Dell launches Alienware portable gaming solutions.
-
Psychological barrier: Exports to cross $20b mark this financial year
Pakistan to explore Chinese market to capitilise on competitive edge.
-
Pakistan Mint to be modernised
Plans to upgrade machinery, train workers.
-
Weekly review: Bull-run continues as KSE-100 climbs 1.2%
Heavy foreign buying and approval of margin trading lead to more participation.
-
Pakistan International Airlines: Senior management reshuffled
PIA makes transfers and postings at the senior management level.
-
Commitment to resolve energy crisis reaffirmed
ECC has allowed Wapda to raise Rs20b for Diamer-Bhasha dam, syas federal minister for textile industry.
-
Trade with China: Businessmen seek multiple-visit visas
A special task force being formed at ICCI to form links between government and stakeholders of Chinese organisations.
-
Oil prices: Government could face monthly losses of Rs15b
As fiscal deficit breaches all records, govt is resisting any increase in local oil prices and electricity rates.
-
Rising crude prices to hit oil industry
Already burdened by debt, rising oil prices are becoming a nightmare for refineries and oil marketing companies.
-
Market watch: KSE continues upward climb to hit 31-month high
KSE-100 index strengthens 74 points (0.59%) to close at 12,550 points.
-
More than 3,000 companies registered in 2010
The Securities and Exchange Commission registered 3,151 companies – a 12% increase from the 2,762 registered in 2009.
-
Italy extends €40 million loan
Italy to extend loan for development of social safety nets in rural areas of Balochistan, K-P and Fata.
-
NADRA to share data of the affluent with FBR
FBR will use the data to find out if individuals have paid taxes or are evading them.
-
Foreign investment falls 15 per cent
Net foreign investment fell 15.4 per cent to $1.05b compared with $1.24b in the same period last year.
-
Standing firm: PIA boss defends Turkish Airlines deal
Haroon dispels impression that PIA is off limits in US and deal made under political pressure.
-
Unconstitutional appointment: SC tells NBP president to quit
Ali Raza has been ordered to vacate the office of the bank's president with immediate effect.
-
Rewarding excellence: Award introduced for industrialists
National Productivity Organisation announces Prime Minister Quality Award.
-
Economic woes: ‘Recession to persist for next two years’
SECP executive director-insurance, Nasreen Rashid, says economic recession will continue.
-
No plans to privatise Pak Steel
Acting CEO of Pakistan Steel says there is no plan for privatisation nor is any retrenchment being carried out.
-
Cement production enough for local demand
Current production capacity enough for public sector infrastructure projects like small dams and canal lining.
-
Foreign exchange: Reserves dip to $17.09b
Reserves down $110 million over the preceding week, according to data released by SBP.
-
Pakistan International Airlines: PM stresses on punctuality, passenger care
Prime Minister Gilani asks PIA to improve services and maintain punctuality of flight schedules.
-
Pak-Iran trade: Gilani calls for more volume
Iranian Commerce Minister Mehdi Ghazanfari says trade volume can be enhanced by encouraging their private sectors.