Stories from Farhan Zaheer
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Major cable fault disrupts PTCL services for hours
Sindh and Balochistan worst affected; cable television, DSL and mobile broadband services also affected
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Engro Polymer to pour $9 million into capacity expansion
Plans to increase annual PVC production to 195,000 tons, up 14.7%
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Pak Suzuki will launch Celerio in March 2017, Cultus to make exit
Company official confirms development, says Suzuki expects govt to provide incentives
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Piling debt: Worries increase as current account deficit widens by 91% to $2.6 billion
Amount for July-November 2015 was $1.36 billion
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Opposition: Sindh textile exporters slam govt for U-turn on gas tariff
ECC reversed its decision on reducing gas prices for industrial sector
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FDI in Pakistan down massive 45% in Jul-Nov
Amount totals to $460m; China remains main contributor with $157m
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SECP says ‘looking into’ Lucky Cement’s recent announcement of joint venture with KIA
Matter pertains to company’s stock exchange notice of joint venture with Kia Motors
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Possible acquisition: Fecto Cement eyes stake in DCL
Has decided to participate in the bidding for sale of assets at northern plant
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Gas price cut unlikely to stem decline in textile exports
Industry chides government for high cost of doing business
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Monetary matters: SBP keeps policy rate unchanged at 5.75%
Says CPI inflation, which rose to 4.2% in October 2016 from 1.6% in October 2015, is manageable
