Business
More News
-
Efforts on to ensure gas supply in winter
Much depends on acceptance of proposal by petroleum ministry.
-
IMF team arriving: Pakistan lags far behind in foreign reserves target
Mission coming to assess economic performance before releasing $550m tranche.
-
Apple gives away Mac software, unveils iPad Air
Apple's iPad Air is about 20 percent thinner than the previous generation of tablets, starting at $499.
-
Turf battle: Ginner loathe to new sugar mills
Says the new units are causing the cotton farming area to shrink.
-
Corporate results: Askari Bank posts Rs157m profit for third quarter
The result is better than market expectations despite the loss per share.
-
Oreo: World’s leading biscuit brand comes to Pakistan
Continental Biscuits Limited and Mondel-z International start localised manufacturing of Oreo brand.
-
Fauji Cement records Rs582 million profit
Better gross margin and lower finance cost are said to be behind the rise in earnings.
-
Market watch: Stock market rejuvenated after week long slumber
Benchmark KSE-100 index rises 155.17 points.
-
Economy’s revival sacrificed for IMF deal: Pasha report
Ex-finance minister wants 10% regulatory duty slapped on non-essential imports.
-
Electricity import: Russia’s $500 million funding offer gets cold shoulder
Three nations participating in Casa-1000 MW power import project don’t warm up to the proposal under US influence.
-
Dispute settlement: Int’l court orders release of Turkish power ship
The company welcomes verdict, seeks compensation from Pakistan.
-
Letdown: Tax base broadening plan gets cold response
The ambitious scheme aiming to catch tax thieves makes a poor start.
-
Bad for business
Nawaz Administration needs to realise that dithering on cracking down on militancy is bad for business.
-
Sweet-and-sour: Measures to avoid the sugar crisis
Farmers need to be given incentives to bring a larger area under sugarcane cultivation .
-
Time for change: On the need for institutions
Contacts and graft skirt around rules in Pakistan. That needs to be changed.
-
Window of opportunity: Government needs to stick to its tough stance
The first six months are critical for making the harsh decisions; use them wisely.
-
Changing fortunes: Time to revive 1,400 closed units in K-P
The PTI govt can generate great support if it pulls off this feat.
-
Analysis: Why pro-poor strategies have failed
Trillions spent to improve the lot of the poor have not borne fruit.
-
Common pools: Crowd Financing and ‘Committee’ System
With proper safeguards, traditional forms of savings can be used to develop a powerful financial inclusion tool.
-
The solar solution
Pakistan would appear to be an ideal candidate for photovoltaic power generation.
-
Cellphone usage: Telecom sector welcomes business friendly govt moves
Operators believe favourable relations are necessary for upcoming 3G auction.
-
Transit trade: Pakistan’s perishable goods export to Central Asia to get a boost
Kabul agrees to remove requirement of financial guarantee from exporters.
-
Regressive tax: Pensioners groaning under income support levy
Affectees term the levy unfair, say they are already paying 10% tax on profits.
-
Banking the unbanked: Microfinance market in Pakistan keeps bankers optimistic
Kashf Bank eyes growth amid favourable regulations and untapped market.
-
KSE weekly: Not much to write home about
Regional markets continue volatile run while KSE closes for Eid holidays.
-
Industry efficiencies: Agri policy changes, a big reason for declining agriculture productivity
World Bank report cites price distortions and uncertain policies as main reasons for decline.
-
Remittances sent: US clears old CSF dues worth $322m
Dar took the issue of CSF installment with US State and Treasury Departments during his recent Washington visit.
-
Pakistan, IFC discuss $500m trade financing for oil imports
Agreement in principle for $500m revolving trade financing facility, to be gradually expanded to $1b.
-
Finishing touches: Gwadar Port to be operational in six months
An IT based database system will be installed next month at all the ports to track movement of containers.
-
Investment: GEM, KASB to launch $200m equity fund
Partnership will use the existing network of 105 branches of KASB Bank in 43 cities to source potential transactions.
-
Investment roundtable: Finance minister meets investors in London
Minister continues string of meetings with international investors.
-
Teenager launches country’s first ‘free’ web-hosting service
He has partnered with one of America’s biggest web-hosting companies.
-
Slowdown: Telecom sector looks inward for growth
As subscriber base reaches saturation point, telcos focus on inactive subscriber.
-
Govt needs to frame rules before LNG import
Consultant highlights the tasks to be performed by PQA.
-
Averting damage: Kabul shares security plan for power, gas import
Is engaging local tribes to protect transmission lines, gas pipeline.
-
Enabling the poor: Pakistan ranks 3rd in favourable microfinance environment
The Economist Intelligence Unit praises country’s framework and ease of entry into market.
-
Pakistan gets $322 million in CSF dues
State Bank of Pakistan received the funds.
-
Food security: Passco employees concerned by absence of managing director
The organisation has been without a head since August 24.
-
Necessary overheads: Businessmen call for upgrading Faisalabad airport
Local industrialists say they are willing to invest in the project.
-
Bilateral ties: Pakistan, India to enhance industrial competitiveness
Sahney said that there were hurdles to economic integration which includes high tariff rates.
-
Dispute drags on: Deadlock over prices leads to shortage of drugs
Supply of vaccines have particularly been affected as imports become expensive.
-
Drying up: Shrinking foreign investment takes the shine off KSE, brings market volumes down
Average turnover on bourse drops to $29m against $95m earlier.
-
Cash strapped: Pakistan Steel Mills hands out eidhi instead of salary
Workers not paid for two months, given Rs10,000 as an Eid gift.
-
Gas terminal: PQA refuses LNG licence to two importers
Cites safety reasons for not allowing LNG terminal in the centre of the port.
-
With no floods, small livestock investors expect better returns
New investors enter the business of raising cattle with rural partners.
-
IP pipeline: Pakistan looks to Gazprom for project financing
Officials believe Tehran will not be able to provide all funds.
-
Food science: UAF collaborates with Malaysian university
University will use video link to enable students to take online courses.
-
World Standards Day: ‘International standardisation central to development’
Speakers at seminar urge businessmen to ensure quality of their products.
-
Property tax: Punjab acts in consultation with businessmen
Chamber says increase in tax rates not based on ground realities.
-
Market watch: Eid holidays dampen investor interest as stocks fall
Benchmark KSE-100 index drops 176 points.