Business

Petition filed against diverting gas supply to SNGPL.

Financial difficulties create hurdles in way of flood relief.

Fauji Akbar Portia can handle over four million tons of dry cargo.

Post bank to be set up with the help of SME Bank licence.

Government urged to grow alternative crops.

Issues warning letters to two KSE members.

Condition does not apply to bank employees.

Rupee firms, overnight rates flat.

KSE-100 ends 1.5% up on Wednesday, volumes down.

India is trying to persuade Pakistan to resume full exports of onions.

Move part of bid to fight corruption and inefficiency.

Decision to reverse petrol price hike sends wrong signal to international donors, places additional Rs5b burden.

PEPCO has announced more loadshedding as power generation declines due to foggy and cold weather.

Chinese Vice Premier Li Keqiang says Beijing willing to buy about €6.0 billion worth of Spanish public debt.

large number of postal employees staged protest against proposals to privatise the Pakistan Post Office.

The demand for mobile phones and cars remained in place as imports worth $687 million.

flare-up in political turmoil won’t have an immediate impact on the nation’s credit ratings.

FBR officials will meet representatives of Agility, Kuwait-based logistics company that has developed the software.

NXT Energy Solutions has announced that it has received a letter of award from the PPL.

Four financial institutions, including local bank, completed trade transaction that will boost textile industry.

FBR asked by ministry of commerce to prepare a presentation on duty and taxation structure under agreement.

Expectations of strong result announcements kept investors active at the local bourse.

SECP asked finance ministry to submit a list of short-listed candidates, highlighting flaws in filling key posts.

Water supply to agricultural lands in lower Punjab has been suspended for 15 days due to scarcity of water in canals.

TDAP has reduced the Certificate of Origin fee from Rs1,000 to Rs100 for acquiring GSP facility for exports.

Engro fertiliser plant Daharki scheduled to shut down for 45 days adhering to government’s gas load management plan.

Local firm releases app for iPhone and Facebook to help raise awareness and funds for flood victims.

Third Oil and Gas Pakistan 2011 “focusing on energy issues and opportunities to secure Pakistan’s future”.

Two thermal power plants constructedm will start operations by the end of this month.

Bank faces equity problems. Negotiations with stakeholders to inject more money ongoing.

Seven billion rupees that was to be used to support exporters is held up by the Ministry of Finance.

Pakistan State Oil employee suspected of misappropriating pre-paid cards issued by the company.

M9 builds up curiosity amongst customers.

Pakistan, Afghanistan agree to establish joint committee for monitoring implementation of APTTA.

Lotte Pakistan expected to post Rs4.4 billion as 2010 profit.

Mango exports to US to begin in 2011 season after first shipments of the fruit to Europe last season.

Agriculture and industrial sectors weaken, budget deficit may touch 6% of GDP.

Market rebounds as oil, fertiliser and textile stocks lead rally on the back of increasing commodity prices, margins.

Federal government decides to ban export of onions in an attempt to stabilise prices in the domestic market.

Dividends announced for Al Meezan's Sovereign Fund, Cash Fund and Islamic Income Fund.

Punjab government all set to export surplus wheat as it gets go-ahead from federal government.

Islamabad Chamber says inflation, political instability damaging businesses.

The government must cancel increase in petroleum product prices, warn oil tanker operators.

Project to enable disabled to earn and support families.

FPCCI says government should give serious consideration to business community’s suggestions for stabilising economy.

Cement dispatches for December improve three per cent over November to reach 2.49 million tons.

Iran to export 70MW of electricity to Afghanistan and Pakistan.

Average amount of tea consumed per annum an individual in Pakistan last year was 1.37 kg.

Gold prices rise by Rs129 to reach fresh peak of Rs39,257 per 10 grams on Monday.

KSE-100 index sheds 173 points to close below the 12,000 mark after the end of trade on Monday.