Business
More News
-
Tracking device: Chinese media declares iPhones ‘threat to national security’
‘Frequent location’ function can be used to gather sensitive information.
-
FY15: Agri-credit target set at Rs500b
Governor says Rs389b disbursed by end of 2013-14, surpassing target.
-
Pakistan’s energy woes: Foreign helpers take a dim view of piling circular debt
Chinese power producers express reservations about non-resolution of issue.
-
Monetary policy: FPCCI urges cut in interest rate
Zakaria Usman has urged SBP to reduce the discount rate by 1% in the forthcoming monetary policy.
-
Weekly review: Index sheds 302 points as trading volumes plummet
Delay in monetary policy announcement and lack of triggers contribute to the fall.
-
Telecommunication: Ex-Mobilink CEO joins GSMA
The GSMA represents the interests of mobile operators worldwide.
-
Textile industry: PTEA welcomes revival of sick units
Constitution of special banking committee hailed by officials.
-
KCCI welcomes development projects
Says it will help the business community in Karachi.
-
Market watch: In absence of triggers, bourse continues lethargic run
Benchmark KSE-100 index falls 35.06 points.
-
Heavy pay package: WAPDA wants to hire services of Nandipur Co MD
Will look after authority’s hydroelectric power projects.
-
Auto sales take a hit, increase just 1%
Total volumes clock in at 136,888 units in FY14.
-
IMF’s report: Two commercial banks expecting capital injection
Another up for merger with domestic bank in coming months, says third review.
-
Oil marketing company: PM seeks report on appointments
Such dubious hiring causes loss of billions of rupees to national coffers.
-
ZTBL, HBFC: Govt to convert loans into equity to improve finances
Both financial institutions owe Rs106.4 billion to central bank.
-
Economic fortunes: Economy has turned a corner, says central bank
State Bank releases third quarterly report for 2013-14.
-
Saarc countries: ‘Sensitive list needs to be reviewed’
FPCCI president stresses cooperation among member nations.
-
EC approves FCCI election schedule
Results to be announced on September 30 at AGM.
-
Market watch: Lazy index takes a fall
Benchmark KSE-100 index declines 124.17 points
-
For a flawless distribution: Zakat fund disbursement handed over to Sindh Bank
NADRA unable to meet expectations, says Sindh CM.
-
SHC bars transfer of frozen funds
Foreign firm’s accounts were locked over allegations of stamp duty evasion.
-
Reserves increase 6.2% in a week
IMF’s funds take kitty to $9,602 million, data shows.
-
Record high: Mobile phone subscriptions spike up to 140m
Cellular mobile tele-density reaches 76.2%, data reveals.
-
2013-14: Remittances clock in at $15.8 billion
Increase 13.7% over last year; inflow from Saudi Arabia highest.
-
FY14: Growth rate was 3.3%, govt admits to IMF
For the public, govt insists economic growth for 2013-14 stood at 4.1% .
-
Unfriendly ties: US turns down Pakistan’s demand for LNG supply
Asks Islamabad to import gas from Qatar that may prove costly.
-
Over and above: Customs dept’s collection exceeds recovery target
An additional revenue of Rs182.82 million was collected during the period under review, 10% more than last year.
-
Reevaluation: KCCI urges reduction in discount rate
Owing to improving indicators, business community expects cut.
-
Finance Act: FPCCI for doing away with ‘harsh provisions’
Alternative Corporate Tax to complicate ties between taxpayers, collectors.
-
Energy crisis: Distribution system being upgraded, says minister
This will ensure uninterrupted power supply, says Sher Ali.
-
Expectation: No change in monetary policy rate, predict analysts
Interest rate ‘well above the SBP comfort level’.
-
Wooing investors: Roadshow in US to raise money for Diamer Bhasha Dam
Project drags on as top financial institutions reluctant to offer loans.
-
Pakistan’s situation: 3G available but users connect through Wifi
Study says only a quarter of smartphone users use internet on the go.
-
Market watch: Market records 23-month lowest trade volumes
Benchmark KSE-100 index falls 20.28 points.
-
Foreign financing: Pakistan needs $10.8 billion to meet expenses
Most of the money will be spent on paying back foreign loans.
-
Bailout review: IMF sets deadline for making SBP fully autonomous
Global lender voices reservations over a proposed SBP amendment bill.
-
Economic turnaround: Businessmen asked to play leading role
The president underlined the vital role of business community in economic development of the country.
-
Law association: Body calls for splitting CAA’s roles
Civil Aviation Authority’s dual role of regulator and provider of airport services proposed.
-
Economic corridor: Pakistan, China review progress on projects
Planning minister, Punjab CM meet Chinese officials, corporate leaders.
-
Dwindling exports: Textile mills plan indefinite strike if talks fail
Energy shortage has brought down textile exports by $500m in two months.
-
Irregularities: SECP fines brokerage house for misusing client funds
Says company fails to maintain proper books of accounts.
-
Market watch: With no news triggers, investors stay on sidelines
Benchmark KSE-100 index falls 31.39 points.
-
Export finance: State Bank revises markup for exporters
The rate of 7.5% will also be applicable to outstanding loans.
-
Gas utilities: New guidelines may bring Rs20b in taxes, dividends
Ministry suggests money can be used to dole out subsidy in far-off areas.
-
Change at the helm: PPL MD retires as govt fails to renew contract
Additional petroleum secretary takes charge as acting managing director.
-
Agriculture loan: World Bank approves $76m for Sindh project
It will improve productivity and market access for small and medium producers.
-
Govt offer upfront tariff to woo private investment in energy sector
Wapda chairman suggested for the for fast track development of the energy projects under Public Private Partnership.
-
Govt aims to complete OGDCL transaction by September 2014
Dar emphasises that privatization commission maintain transparency, fairness and due process.
-
$6.7b IMF bailout: If needed, Pakistan may introduce mini-budget
The objective IMF mentions is keeping the budget deficit equal to 4.8% of the country’s GDP or Rs1.398 trillion.
-
French retail giant Carrefour cashes in Indian chips
Carrefour, which gave no reason for its decision to withdraw, had annual sales of $38 million in 2012.
-
Official announcement: PIA MD goes on leave
For the first time that PIA has officially communicated information related to its top official going on a leave.

















































