Business

BGC commits to investing $7 million by taking up a 25 per cent equity stake in Pakistan Cables Limited.

Govt decides to initiate a survey of electricity consumers to address issue of power theft.

Occasional riots in Karachi and economic mismanagement at the Centre adversely affects revenue collection efforts.

Prices expected to increase on the back of a surge of 15 per cent in rates of cotton during the last month.

Market fails to build on momentum generated in the preceding week as KSE-100 index falls 1.4 per cent.

The dam will irrigate more than 163,000 acres of land and generate 91 million units of hydel electricity per annum

Fauji Cement’s profit plummet 75 per cent to Rs250 million for fiscal year 2010 compared with last year’s Rs1 billion.

Six out of 10 analysts expect the central bank to keep its policy rate unchanged at 13 per cent.

The local currency lost another eight paisa in inter-bank trade compared with Thursday’s closing.

In Pakistan where literacy rate is to be nearly 50 per cent, many question the efficacy of digital media.

The stock market managed to close up 0.4 per cent on the last trading day of the week.

Mandates the use of the expedited tax refund system for the submission of refund claims from October 1 onwards.

Tarin says government should broaden the tax net by adding new sectors instead of levying new taxes on private sector.

Converting the one-time trade concessions for Pakistani textile exports into a longer term measure looks difficult.

Gold prices hiked sharply by Rs300 per tola (11.7 grams) to Rs41,450 on Friday from its previous peak.

The delay is giving rise to fears that the final package may not be all that beneficial.

Pakistan's media industry sees a game of musical chairs as senior journalists shift from one media house to the...

Legislation for rehabilitation of more than 3,000 sick industrial units is postponed.

Govt accepts recommendations of Transparency International aimed at mitigating corruption.

SBP may allow relaxation in provisioning for loans given to businesses affected by floods.

International Chamber of Commerce launches latest version of its internationally-recognised trade terms.

Rice exporters plan to send delegation to Kenya to discuss problems faced by them.

Pakistan’s economy is mainly driven by family-owned businesses.

Coca-Cola retains position at the top of Interbrand’s ranking of world’s best brands.

Legislation expected to empower private sector by creating jobs and opportunities.

Stock market falls as investors prefer to remain sidelined over talk of a possible imposition of additional taxes.

Commercial real estate vacancy rates reach as high as 50 per cent in Lahore and Karachi.

The aid will support wheat planting, prevent further livestock losses and de-silt irrigation systems in KPK.

Dr Abdul Hafeez Shaikh is yet to declare his assets and the amount he paid in taxes last year.

Engro increases prices of fertiliser by Rs30 to Rs2,530 per 50kg bag.

KESC will not pass on the benefit of a reduction in power tariffs, despite an approval by Nepra.

The numbers seem massive but the reality is far from apocalyptic

Local market experiences another dull session as investors remain on the sidelines.

Gold prices reach their highest level on Wednesday.

Economic Coordination Committee directs TCP to offload the imported sugar in the open market through an auction.

Sindh govt warns of stern action against flour mills and retail outlets involved in selling flour at higher rates.

Investment in energy sector is dependent upon Pakistan’s ability to reform the sector as recommended in a report.

Volumes for businesses in Karachi dwindle to less than 20 per cent of their historic levels.

KESC announces power outages schedule for the industrial areas of the city, after months of smooth supply.

Representatives of Saarc member states start two-day deliberations here on Tuesday.

Stocks fall as investors book profits on rumours of a hike in the discount rate in the upcoming monetary policy.

The country misses orders of up to 750,000 tons of rice to date.

The purchase will increase OMV’s gas production in Pakistan to around 25,000 barrels of oil equivalent.

"Utmost priority in Pakistan’s energy sector is moving towards a diversified mix" says Junaid Qurashi, CEO SSJD Group.

Senior officials of Turkmenistan, Afghanistan, Pakistan and India ink the framework of an agreement.

Locusts attack cotton fields in areas from Ghotki to Khanpur Mehar sparking fears that production may fall further.

Government waives the 25 per cent regulatory duty on the import of raw sugar.

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Finance Secretary Salman Sadiq says the interest of this debt is being paid with the new loans.

PSO says it has wide-scale presence in Punjab, fuelling the province with a record 2,060 stations.