Business

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.

Around 2,300 companies from 135 countries to participate.

Pakistani people and government thankful to Turkish brethren for full-fledged support after earthquake and floods.

Country's largest cement maker manages to increase domestic share.

Decline in international rates prime reason for expected fall of prices.

Refineries plummet on deemed duty rumours.

Cites rise in raw material prices and Japanese yen as reasons.

Investors meet petroleum minister.

The hike, which will be effective from February 1, is expected to yield a profit of Rs2 billion for Pakistan Railways.

‘It’s easier to launch a foreign franchise as people prefer international brands,’ says CEO of MDS Food Limited.

Bureaucratic and procedural delays are forcing investors to seek avenues other than India.

The fate of the remaining two installments of the $11.3b IMF standby loan programme is still uncertain.

The government must make policies that help in the equitable distribution of wealth.

Pakistan has a large number of offenders in jails who can be put to good use.

Why appeasing the people and doing the right thing are usually not the same.

The government seems to feel entitled to IMF assistance without meeting any of the tough, but necessary, conditions.

It seems everyb­ody is helple­ss in the face of econom­ic populi­sm despit­e bad result­s from past manhan­dling.

Central bank leaves discount rate unchanged.

Key discount rate to remain unchanged at 14 per cent.

The Sensitive Price Indicator (SPI) showed an increase of 16.86 per cent.

The group has invested $230 million in the bank.

Emphasis on government, private sector coordination.

Water will be saved and farm productivity will be increased.

Zaidi says price rise is mainly caused by bad governance, hoarding.

Schedule of fifth economic review to be finalised.

Bill expected to be tabled in Congress by March.

Average daily volume plummets 50 per cent to 117 million shares.

SBP leaves key policy rate unchanged at 14 per cent for subsequent 2 months.

Turkmenistan, which has the world’s fourth-largest gas reserves, is looking to seal deals with new consumers.

Solar energy is available for more than 300 days a year in Pakistan with six to eight hours of day light.

Carmaker switched to gross profit of Rs127 million against a loss of Rs220 million in 2009.

APL net profit surged 17 per cent to Rs1.7 billion in first six months of fiscal 2011 on back of higher sales.

The power crisis has crippled industry, frequent power outages, lasting up to 18 hours in some rural areas.

Exploration cost almost halved to stand at Rs3 million as no dry wells were found during the period under review.

Lodhi had been serving as the acting CEO for the last seven months.

MFBs may claim the mark-up rate differential to the extent of 22.5 per cent per annum.

Khar said that Rs1.8 trillion was allocated for subsidy during the current year.

High inflation in country has caused disposable income, capacity of investors have come down sharply.

The delegation was informed that the demand of gas in the country was 3,500 mmcfd.