Business

Government-backed bond will reach maturity in 2016, distortions in fuel price could hamper progress.

Ninety two companies registered in Lahore, 85 in Karachi and 80 in Islamabad, SECP press release shows.

After floods affected domestic crops of pulses, imports of the crop reached 269,000 tons from July-Dec 2010.

Sui Southern Gas Company's Managing Director responds to court petition alleging diversion of gas to SNGPL.

Industrial zones faced 12 hours of power outages on Monday but the shutdown was reduced to eight hours on Tuesday.

Remittances sent home by overseas Pakistanis soar to $5,291m million in the first half of current fiscal year.

Experts at 4th International Power Generation Conference say govt should take up Thar coal projects on a fast track.

Cabinet will deliberate laying off 30% of PSM workforce as part of restructuring of the company.

KSE-100 index loses 39 points to close at 12,267 points on Tuesday.

Surge in prices comes mainly on the back of a phenomenal increase in rates of food and energy.

Multi-billion-dollar project placed at the mercy of consortium companies who may walk away with its riches.

Karachi Electric Supply Company's gas-fired power generation capacity has been largely offline for want of gas.

Lahore Stock Exchange remained bearish on Monday as LSE 25-share index lost 17 points to close at 3,766.

Telekom Malaysia and Multinet Pakistan sign deal to deliver IPVPN to corporate customers.

Deteriorating law and order situation creates panic.

National Commodity Exchange records remarkable growth as institutional and retail investors turn to commodities.

Federal government requested to release withheld funds.

Sharmila Farooqui says Sindh Bank will provide loans for agriculture, livestock and fisheries on easy terms.

All Pakistan Textile Mills Association says shortage can be met through LNG import.

The government has received only $926 million out of the pledged $6.1 billion.

Cumulative car sales increased by about 11 per cent in the first half of fiscal 2011.

The Abu Dhabi Group (ADG) is not selling its stake in Bank Alfalah or looking to merge the entity with another bank.

KSE-100 index loses 82 points, volumes at 135 million on Monday.

Gas shortfall touches 300 mmcfd, low pressure in Sindh and Balochistan.

Trade deficit remains restricted despite surging oil prices and significant increase in machinery import.

Handset imports have increased to US $43.416 million in Nov 2010 as against US$ 13.869 million in Nov 2009.

German luxury automaker aims to set a record of more than 1.5 million vehicles in 2011.

While Apple's iPad still rules the tablet roost, Android is shaping up to also be a major force in the tablet arena.

Pakistan's consumer price index rose 16% year-on-year in December due to rising food prices, a Reuters poll shows.

market is performing well on continuous foreign interest on account of it being cheaper by at least 40-45 per cent.

Opportunities of large-scale investment: energy, corporate farming, information technology, telecommunications etc.

A few months back in these pages I said “look out for this headline, Sheikh briefs full cabinet.”

Succumbing to political realities, government finally took back decision to raise price of petroleum products.

$450 million into Facebook, also offering its high-net-worth clients an opportunity to put in up to $1.5 billion.

Government announced a ban on exports of onions to India, in part due to concerns over an increase in local prices.

For other artists, Lootmaar was a chance to reach out to a different audience.

KESC has announced 16 hours of load shedding for the city’s industrial sector.

Sui Northern Gas Pipeline Limited (SNGPL) has suspended supply to industries.

Emphasis should be placed on identifying the barriers that discourage investment in the country.

Zuhair Khaliq will be the new chief executive officer of Warid Telecom.

The private sector has expressed disappointment over an embargo on the export of onions.

Urea prices in the country have remained at high levels despite a government warning.

Industrial production in Sialkot has been badly affected by unscheduled 18-hour power outages in a day.

Shanghai says it overtook Singapore for the first time in 2010 to become the world’s busiest container port.

FBR draws up rules for preparing a list of active taxpayers.

Commercial banks have stepped up efforts to open up pensioner accounts.

ADG will soon spread its presence in Pakistan as it is looking into the prospects of taking over a bank.

Onion prices have dropped dramatically in markets across the country following a ban on the export.

The stock market continued to strengthen during the week ended January 7.

Dozens of companies from best known brands to total unknowns displaying touchscreen tablet computers at CES.