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Sindh Bank to disburse loans worth Rs12b in 2011
Bank to provide employment to 6,000 people, bank's president briefs board of directors at CM House.
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Tax machinery manages to exceed December’s target
The Federal Board of Revenue must collect Rs157.5b every month to meet revised annual target.
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The week in focus
The government and industry have started working together in order to compete in the international market.
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Talking business
Inflation is biggest story we’re looking at throughout the year, bigger than militancy, drone attacks, any bomb.
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Human resource management: Confessions of a motivational speaker
People quit their jobs because they are not satisfied by the level of input they give to their jobs.
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Marketing’s next frontier: The blue ocean strategy explained
The blue ocean strategy has concepts where businesses explore new horizons rather than pursuing existing ones.
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Circular debt: Why the free market must replace stopgap measures
Power producers have stopped short of running on full capacity due to burgeoning default in payments by consumers.
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Revenue: FBR exceeds collection target in December
Tax collection for the month of December stood at Rs150.5 billion.
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Unwelcome: Tanners oppose increase in refinance rate
Many factories and tanneries have been shut down owing to high production cost and unfavourable business environment.
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2010: Bumpy ride for Karachi traders
Forty-eight days were lost to strikes and shutdowns.
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Microfinance: Banks asked to maintain customer record
SBP moves to combat money-laundering.
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SECP to continue nominating KSE chairpersons
Approves appointment of acting managing director of the bourse.
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Gold hits fresh peak
Further increase in prices expected.
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Car imports: ECC to review age limit in next meeting
Minister says Chinese, Koreans interested in setting up manufacturing plants.
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Weekly review: KSE ends week, year with a bang
Analysts hope for positive triggers in 2011.
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Elections: New directors for KSE
Five new member-directors elected at the Karachi Stock Exchange in elections held on Wednesday.
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Export refinance: State Bank increases rate to 10 per cent
SBP increases rate of refinance under Export Finance Scheme.
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WTO to review duty exemption
Many countries have agreed on granting concessions.
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UBL: Bestway, ADG to maintain control
Despite restructuring in shareholding of UBL, management control of the bank shall remain unaffected.
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Electric meters to be replaced
Power theft and losses to be controlled.
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Sothebys to open office in Pakistan
International realty house planning to open an office in Karachi in the next six months.
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AEDB makes plan to produce clean energy
Wind and solar power to reduce need for oil imports.
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IMF reiterates call for tightening belt
The IMF has issued Pakistan a stern warning to take steps to cut its spiraling budget deficit.
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Banking sector: Mergers executed
SBP cancels banking licence of RBS following its merger with Faysal Bank.
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Pipeline to be functional by December 2014
Committee resolves to expedite project.
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KESC: Rationalisation of work force on the books
Voluntary separation scheme offered to 4,500 employees.
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Interest rates on savings schemes increase
Govt plans to borrow Rs230b through these schemes.
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Market watch: KSE bids the year farewell with 28% gain, volumes at nine-year low
Range-bound activity seen on last day of 2010,
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From the presidency: Trade with regional partners in their currencies
President meets entrepreneurs to seek investment in development projects.
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New Year's Gift: Petroleum price increase approved
Prime Minister Gilani approves Ogra's summary of increase in petroleum prices.
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Govt may float fresh tender for LNG import
Petroleum ministry wants fresh tender; same company to get contract.
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Old design: Rs500 banknote will cease to be legal tender
Govt declares that old-design banknote of Rs500 will cease to be legal tender with effect from October 1, 2011.
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Shipping: Per container charges inflate
Shipping companies impose new charge of $50 per container in the name of currency adjustment factor.
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Exports up 18 per cent in first five months
TDAP chief says textile sector playing a leading role.
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Pakistan to help Nigeria boost production
Focus to be on foodstuff and textile.
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Cotton exports: India sets February 25 deadline
Shipment for the remaining 2.5 million bales to start from January 11.
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Body formed to promote foreign investment
Problems of investors to be resolved as Quarterly meetings of committee bridge the gap between investors
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FBR collects Rs130b in taxes during December
Revenues expected to reach Rs140b by month-end. The FBR disbursed Rs38.58 billion in tax refunds and rebates.
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‘Intel not about the short run’
Country manager highlights company’s year.
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Foreign exchange reserves rise to $16.42 billion
Reserves hit a record high of $17.1 billion in the week ended October 15.
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Used cars: Uncertainty remains over reduction in age limit for imports
Earlier decision allowing import of 5-year-old cars apparently taken back.
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Oil and gas: Sector outperforms stock market by 19%
Despite circular debt crisis, exploration and production segment surpasses KSE-100 index by 25% with return 51%.
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Market watch: Index breaches 12,000 level
About 140m shares traded as KSE closes at 30-month high on Thursday.
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Investment decisions: A look back at the top picks of 2010
Who came out on top in terms of return on investments in the roller coaster ride of 2010?
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Rupee change: Out with the old...
SBP announces that all old Rs500 currency notes will no longer remain valid after October 1, 2011.
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Misuse of public office: Privatisation minister seeks duty waiver at taxpayers’ expense
Senator is using the ministry to import bulletproof vehicles for personal use.
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Respite: Power tariff down
Nepra notifies reduction in tariff charged by electricity distribution companies.
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Benefits of registration with EOBI highlighted
Chairman says Rs40.6 billion disbursed among pensioners so far.
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Trading in RBS shares to be suspended Dec 31
State Bank’s approval of RBS-Faysal merger expected soon.
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Turkish Airlines to promote tourism, trade
Lahore-Istanbul flights to be initiated soon.