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Market watch: Stock market stumbles again as SBP raises deposit rates
Benchmark KSE-100 index falls 393.51 points.
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Trade contacts: Expo 2013 draws crowd despite security situation
Pakistani businessmen expect large orders and business deals.
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New methodology in place: SBP links minimum deposit rate to repo rate
Move to hurt banking spreads, but decision is yet another effort to support falling rupee.
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UNIDO promotes biomass gasification in Pakistan
Pilot projects to be developed to demonstrate feasibility.
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With focus on consumers, OGRA opposes increase in oil prices
Summary shows prices may rise up to Rs5.57 per litre from October.
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Dent to the reserves: Pakistan repays $146.6 million to IMF
Central bank has already tapped foreign reserves to stop rupee’s slide.
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Rice export: UNISAME urges govt to revise export strategy
Indian rice exporters are selling their brands of basmati rice indicating that the basmati rice is good for diabetics.
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Bank of Punjab president gets one-year extension
Finance Dept to issue a notification in a couple of days.
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Telecom regulator: Possible headway towards 3G auction
PTA moves to fill positions of chairman and member finance.
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Market watch: Stock market stumbles as speculation hits exchange rates
Benchmark KSE-100 index falls 280.08 points.
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South Africa offers help for developing coal reserves
High commissioner says his nation seeks to improve economic ties with Pakistan.
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Cost overruns: Saudi Arabia pledges $100m for Neelum Jhelum project
About $500 million in foreign funding still not arranged, costs rise due to mismanagement and alleged corruption.
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Sixty eight medium-sized dams do not produce a single megawatt
Former WAPDA chief makes out strong case for building Kalabagh Dam.
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Sugar export: Millers enjoy freight subsidy, but at reduced rate
ECC slashed subsidy to Re1 per kg on export of 500,000 tons.
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Expo Pakistan: As exhibition gets underway, some foreign buyers cancel trips
Exporters satisfied, focus more on new markets of Asia and Africa .
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Where will the rupee stop?
There is nothing in the hands of monetary authority to cushion the rupee. Where will it stop, only God and IMF know.
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Barclays to shut wealth management services in 130 countries: FT
Barclays announced plans in April to restructure its wealth business.
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With real estate boom, developers now focus on Raiwind Road
This is the only artery left in Lahore that is offering land at cheap prices.
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Maple Leaf Cement records highest profit in half a decade
Bottom-line improves six-and-a-half-fold to Rs3.23b for the fiscal year 2012-13.
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Fiscal easing: Investors look to banking sector as spreads widen
Declining trend ends with interest rates expected to rise along with banking profits.
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Corporate results: Nishat to bid for 590MW hydropower project
Diversified group also investing Rs400m in hospitality business.
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IBA to adopt IFC’s training solution
Signs agreement with World Bank arm for management training.
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Electricity generation: Power minister inspects Neelum Jhelum project
WAPDA directed to ensure power generation from project by 2015.
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Exchange rates: Market speculation main force behind depreciation, say analysts
Dealers and analysts blame bankers, point to depreciation of interbank rate.
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Winter is coming: Gas load management plan under study
Supply to CNG stations, industry, fertiliser and power plants could be slashed.
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Intel tablets see some early success in Pakistan
Despite delays, sales in country beat regional markets.
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Market Watch: Stock market falls as volatility persists
Benchmark KSE-100 index drops 28 points.
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Exploring Russo-Asian markets: Kyrgyzstan offers Kashghar-Bishkek route
Traders can benefit from lower electricity rates.
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Nestlé stresses long-term commitment to Pakistan
Says inefficiencies at farm level hamper dairy industry’s exports.
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Pakistan’s relationship with ASEAN lauded
Speakers stress country is important for trade bloc and vice versa.
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TDAP looks to develop non-traditional export sectors
Acting chairperson says local products are generating interest in markets.
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Market watch: Stock market correction drags index down
Benchmark KSE-100 index falls 551 points.
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Bad investment eats up more than a billion rupees
Audit says govt’s insurance fund loses Rs1.2b investment in TFCs.
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Sindh seeks Centre’s approval for two projects
Injects Rs100m into Economic Zone Authority as seed money.
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Fast food outlets thriving on the back of rising middle class
Many investors enter the fray to take a slice of the growing market.
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Secondary debt market: KSE calls for intermediation through stock market
Bond Automated System is capable of handling govt securities trading, says KSE MD.
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Credit line: Govt unveils microfinance scheme worth Rs125b
Over 100,000 loans will be issued within a year through state and commercial banks.
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Bank of America ordered to pay $2.2 mn in discrimination suit
Discrimination is against African-American job seekers, in a case that has been ongoing for nearly two decades.
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Financial services: Ufone launches ‘Upaisa’
The financial services include mobile account, money transfer and utility bills payment.
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Sales tax: Auto part manufacturers cry foul
Billions of industry funds remain stuck as FBR disallows input tax adjustments.
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Expo Pakistan: Large Malaysian delegation headed for Pakistan
Malaysian trade development body to participate in this year’s exhibition.
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Telecom authority: In tune with SC orders, members may be appointed this week
Interviews conducted, summary of shortlisted candidates sent to PM.
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Market watch: Market subdued as volumes fall on first day of new week
Benchmark KSE-100 index rises 44.36 points.
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Stop-gap: World’s leading banks willing to fund coal-run power plants
Expected to provide $1.82b for two 1,320MW plants in Jamshoro.
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Annual field maintenance: No additional gas supply to power plants
Petroleum ministry says it will only meet contractual commitments.
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Exchange rate: Govt opens up credit line to stem rupee slide
The purpose driven vehicle will provide dollars for oil imports.
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BlackBerry agrees to $4.7 billion buyout
BlackBerry says it will continue a search for a possibly better suitor in the interim.
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Apple sets new record for iPhones sales launch
The lower-cost iPhone sold for $99 in the United States with a carrier subsidy.
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PIA’s management fights back privatisation
Says will add more international, domestic routes to steer the airline into the black.
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Expo Pakistan 2013: make way for a fashion showcase
Two-day fashion shows kicks off on September 26.