Business

KESC signs MoU with Chinese firm Global Mining Company which will fund alternate energy projects.

Govt to push exports of agricultural goods, value-added textiles.

Federal Minister for Food and Agriculture says production of main food crops much more than actual consumption.

Byco Petroleum’s net loss drops 41% to Rs1.14b in first half of fiscal 2011 compared with last year.

PIA defends proposed alliance between PIA and Turkish Airlines, says move will help regain lost passengers.

Exchange sees rapid increase in business this year.

Rupee weakens, overnight rates flat.

Competition Commission penalises jute mills association to discourage cartelisation, malpractices in corporate sector.

Project expected to boost exports to $500 million.

ECC committee to review wheat procurement policy sets support price for farmers at Rs950 per 40kg.

Despite rampant food inflation and economic slowdown, business is good for Meat One.

Analysts expect duty revision to 5% from 7.5%. Govt will be forgoing Rs8b a month if deemed duty is abolished.

Domestic markets follow international price reduction.

KSE-100 index ended gained 117 points higher on Thursday after central bank report on state of economy.

Decision to issue equity-linked bonds withheld due to increased cost of insuring sovereign debt.

Commerce minister says that with increased focus on regional trade, 2011 will be good for exports from Pakistan.

Inflation in other capital cities was lower than the overall CPI inflation.

Floods and extended heavy monsoon rains raised the underground water table and soil moisture level.

EU plan to grant trade concessions to Pakistan suffers setback.

Benchmark 100-share index falls 31 points, volumes drop to 10-week low.

Move part of govt’s efforts to stimulate affected areas.

Gas shortage causes supply disruption.

Debates whether the agreement stands after sale of BP assets.

International firms confirm presence of huge coal reserves.

Floods impede industrial sector growth.

A Russian delegation was due in January but the visit could not take place due to OGDCL’s reservations.

First quarterly report highlights failures in policy initiatives to stabilise economy.

Excessive borrowing by government from listed banks limits the ability of private sector to raise funds.

Central Bank chides govt for ‘diluting measures to contain inflation’.

Country's total debt and liabilities touch Rs10 trillion-mark; per head level increased by Rs22,000 since 2008.

Site association chairman says KESC again committed the same mistake by not taking stakeholders into confidence.

Switzerland government funding two-year programme in Pakistan to strengthen principles.

Company considering launching new life insurance plans so people can invest small savings in policies.

Working group formed to look at possibilities of business in more products to enhance trade.

Punjab Industrial Estates to expedite industrial infrastructure growth through public-private partnership model.

Economist calls for better governance, high revenues and low expenditures

Incentives, seminars being planned for farmers and exporters.

FBR collects Rs763b in seven months, compelling the government to borrow money.

Five new power plants to start operations.

Karkey Karadeniz power ship of Turkey to contribute to electricity generation in Karachi.

Karachi Stock Exchange benchmark 100-share index ended 86 points lower on Tuesday.

Korangi and SITE areas will each bear four hours of power outages after technical faults in different fields.

The government expects a harvest of 23.5 million tons against a target of 25 million tons in 2010-11.

Top economic decision-making body decides to import rather than restoring gas supply.

PTA launches "Online Complaint Management System" to help telecom customers seek timely resolution to complains.

IMF refuses to send mission to Pakistan on restoring the $11.3 billion-dollar bailout package.

Four officials and 81 CNG stations found involved.

Operators told to block BlackBerry connections of foreign missions.

Industry shifting gears in Fiscal 2011.

Project to be launched in Sialkot.