Business

Pakistan not likely to get EU economic package due to strong opposition from India.

Investments in government papers one of the main reasons.

Commonwealth business forum offers many opportunities.

ABC of Pakistan proposes reduction in the corporate income tax rate in the upcoming budget for 2011-12.

Council of Common Interests to interpret the constitution.

Move aimed at taxing only half the industry.

Local maker introduces eco-meter for the first time.

‘High-profile meetings on low volumes spark investor interest’.

Bank to finance major water and power projects.

Four independent power companies give 30-day deadline to pay dues.

Committee says sale proceeds cannot be used for budget financing.

The machine also saves 1.5 litres of fuel per hour.

FBR now has to collect Rs8.3b per day to meet the year’s target.

Oxo-biodegradable bags promoted for trade and industry by replacing existing shopping and packaging bags.

Rumours of capital gains tax deferral lift sentiments: equity dealer.

Stakeholders concerned over likely rise in chicken meat prices.

Say processing cost has significantly increased.

‘Profitability of existing auto assemblers to remain under pressure’.

Move will affect production: farmers representative.

New turbines being installed in extension phase.

Body will have representatives from public and private sectors.

Planning Commission asked to allocate funds to the ministry under PSDP.

Asia International Finance Company Limited has invested US$40m in KASB Finance Limited.

Major credit crisis and reeling dollar are major causes of this movement.

Bloggers fear move is aimed at more govt controls over internet freedom.

Glamification encourages consumers to climb levels of loyalty--for example comic book collectors or star wars fans.

Maximum outreach in the minimum amount of time.

Request made during president’s recent trip; KPC invited to build refinery in Pakistan.

IBM briefly topped Microsoft on Friday on the bourse to become the second-largest technology company after Apple.

EBRD Chief Thomas Mirow said the bank would eventually be able to invest 2.5 billion euros in the region.

University working on projects aimed at improving the field of agriculture.

Government trying to bring new sectors into the tax net, instead of taxing the already taxed sectors: Hafeez Shaikh.

Depreciation rate also rises.

Pakistan’s GDP and population’s continuous growth trend attracts investors: Marson.

Loan to help in budget financing for the next financial year.

Investors remain on the sidelines before monetary policy and budget announcements.

Create space for private sector borrowing, central bank tells the govt.

China will take over control of the Gwadar Port Authority once the contract with the Singapore Port Authority ends.

Law to reduce power wastage.

Deal to prevent double taxation on income of residents of the two states.

This year bill may reach $12 billion due to higher crude prices.

Facility was offered under export finance and textile loan schemes.

High dollar demand, major outflows top reasons for depreciation .

Benchmark KSE 100-share index gains 95 points.

Local airline to face tough competition.

Officials to meet on May 30; will discuss transit fee and gas specification.

Tehreek-e-Insaf to stage protest against drone strikes.

Eight of ten analysts expect status quo for the fourth time in a row.

Move aimed at keeping budget deficit at 4 per cent of GDP.

However, Dawlance lead the charge as the top brand in the Household Appliances category.