Business

The sale continues a retreat by HSBC from countries where it lacks scale.

Minister invites businessmen to invest in different sectors.

Gas supply to power station restored.

Pakistan placed sanction due to risk of ‘mad cow disease’.

Benchmark KSE-100 index falls 16.48 points.

Airline acts on PM’s directive after decrease in oil prices.

Board intends to meet finance ministry, PC and FBR.

Laments non-payment from clients, says companies pay it out of their pocket.

Pak Suzuki heads the pack, sells 62,783 units.

Simultaneous book building to be held for foreign and local investors.

Step taken to avoid penalties for delay in construction work.

The central bank’s foreign exchange reserves increased $198 million to $7,240 million.

Naeemuddin says bank’s assets have risen 90% since 2008.

Meets SBP deputy governor, elaborates strategic vision.

Benchmark KSE-100 index rises 180.99 points.

Urges Pakistan to take decision on gas pipeline.

Directs govt to change design in order to save Rs20 billion.

Out of 89 economies, Pakistan ranked 29 on World Misery Index 2013.

PM will be in Iran to seek extension in deadline for IP pipeline.

Those in lowest income bracket to get power subsidy, NEPRA to get more independence.

Despite the devolvement of 17 ministries to provinces, federal expenditure has risen instead of decreasing.

Also owes Rs40.794 billion to the federal government

Four Chinese EPC contractors being evaluated.

Seeks concessions and incentives from govt to stay afloat.

Gas becomes cheaper than petrol and diesel.

Benchmark KSE-100 index falls 53.17 points.

Replaces Iuel on July 1, has worked in more than 11 countries.

IPR proposals aimed at shifting mode of policies from stabilisation to revival.

Amendments could allow regulator to impose minimum fine of Rs1m for cartel formation.

Pakistan’s largest refinery aims for full capacity utilisation from this month.

IMF’s mission chief appreciated the efforts of the government in meeting various targets.

Project will need Rs2.2-2.5m a month that will be borne by businesses.

The finance minister also held a meeting with China Development Bank Assistant Governor Xiaoyu Zhao.

AARI DG says water shortage and lack of resources and credit create problems.

Saad takes early retirement to pursue other plans.

These will be introduced later this year.

Benchmark KSE-100 index loses 246 points.

Brokerage houses foresee no change in monetary policy stance.

Work on development and other projects supports growth.

ECC members oppose deregulation, but agree on increase in margins.

Committee refuses to listen to headless communication ministry.

Mangoes and oranges to be showcased to promote fruit exports.

Qureshi said that although his office had been renamed, it still believed in facilitating trade and industry.

Industry calls for setting up IT park, campus of IT university in Faisalabad.

Opportunity for Pakistani exporters to expand into European markets.

Benchmark KSE-100 index falls 291.50 points.

Ninety companies from diverse fields to participate in exhibition in India.

Tax authorities ‘misinterpret’ legal statutes, current practice contrary to guidelines .

China assured of support for establishing Asia Infrastructure Bank.

Members suspect money minting motive, grill CAA and NHA .