Business

Economy is showing signs of recovery which could be accelerated through policies, said S Korean ambassador.

Petroleum ministry, industry officials to meet today to discuss proposal.

Crucial nuclear, hydropower projects may be delayed due to fund shortage.

Financial position comfortable despite blockade of IMF loan.

Pakistani grain is $80 cheaper, traders see exports of 2m tons.

Delegation to leave for talks later this month.

Benchmark KSE-100 index gains 79 points.

Target of $9 billion for FY11 met in 10 months.

Central bank calls for shifting budget financing to foreign financial institutions.

Govt to enhance gas supply to power plants to reduce cost of power generation.

US software giant Microsoft will buy Internet phone service company Skype for $8.5 billion dollars.

Sudan an attractive zone for foreign investors in a number of fields.

Milk production decreasing in Punjab: former provincial minister.

Investment in potential sectors to be highlighted during Zardari’s visit.

PC seeks reduction in service charges from pre-qualified consortia.

7th international conference for oil, gas and energy industry will be held from May 17-19 at the Karachi Expo Centre.

Sindh has so far achieved 28 per cent of the cotton cultivation target while sowing has increased by 164 per cent.

Tax official says delay in duty return to businesses affects economy.

Company diversifies into meat-based products.

KSE-100 index rises 53 points.

International Power warns of cancelling 404MW electricity project.

Fund is supposed to provide shelter and relief to workers.

Lender unhappy with slow implementation of projects.

Foreign born billionaires top three richest in the UK.

The halal food market, is one of the largest opportunities in the food and agribusiness sector globally available.

Ask government to implement national housing policy.

FBR expects revenue of Rs10b from the increased rate.

Ministry plans to present budget on May 28.

Osama’s killing and its aftermath lead to uncertainty in the market.

Move aimed at tackling energy crisis.

Draft for a memorandum of understanding (MoU) was being prepared by the Sindh Government and Kingho Group.

ECC takes the decision despite previous bad experience.

18th Amendment says Centre cannot impose tax on immovable property.

Largest insurer Adamjee’s profit rises by 17 per cent.

Overseas Pakistanis contributing more than $10 billion annually in the form of remittances.

Delegation of rice exporters to visit Delhi this month.

Benchmark index down27 points.

Decision expected to benefit textile, agriculture and capital market.

American firms to get import permits by month-end.

Decision came after court vacated its stay order.

Pakistan has the best location for solar energy production: expert.

Energy, health and education projects worth Rs300b may be approved.

Pakistan may gain from trade benefits, some EU members oppose the plan.

Punjab attracts foreign investors: Turkish official.

Implementation must for restoration of $11.3b IMF programme.

Imports from July 2010 to March 2011 rise to Rs 33.5b, as opposed to Rs 18b in corresponding period of previous year.

Investment conference planned for the first time.

Company shareholder warns he may approach Supreme Court.

Swift and Cultus sales decline in first quarter.

A comprehensive mechanism has been devised to achieve the target of purchasing four million tons of wheat.