Business

Asks Pakistan to appoint focal person to strengthen bilateral ties.

Says export diversification required for the global market.

Seeks shareholder approval to allocate Rs50 million in capital for operations.

Aims to set up 1,000 ATMs by end of 2015.

Benchmark KSE-100 index drops 93.22 points.

Investors turn to other profit-yielding sectors.

Pakistan Microfinance Network Chairman Nadeem Hussain outlines plan to achieve ‘exponential growth’.

Rug exports have fallen 60% to $130 million in the last decade.

Economist suggests change in policy, better use of railways as mode of transport.

The expansion work at the airport will also provide a spacious area for the movement of passengers.

Ambassador highlights need to enhance bilateral trade.

Cites India’s example, says move will encourage farmers.

Certain milestones for enhancing banks’ capital base are being achieved.

Blames authority for ignoring court’s directive.

Benchmark KSE-100 index drops 177.88 points.

KCCI chief urges exporters to utilise advantage over competitors.

Trading in cement sector on KSE rises 41% week-on-week.

Outstanding loans amount to Rs563.4 billion, up just 2.6% than previous year.

Pipeline will serve as an alternative to Iran-Pakistan gas import project.

Consumers forced to pay for inefficiency of gas companies, theft.

Logistics company e2e establishes premises in Singapore.

Demand swells with high unemployment, need for business funds.

Marketers should not forget ethics while promoting their products.

Net profit of all banks clocked up at Rs115.4 billion

Income spent on debt servicing; projects to take longer.

Proceeds will be used to purchase land comprising the M-2 Motorway, which connects Lahore to Islamabad

President looking forward to March conference

Calls on Apple to reimburse consumers, pay legal costs and fees

Marine Group MD says transportation issue should be top priority.

Ambassador sees security concerns as a major impediment to investment

Says extra risk involved in upfront tariff regime justifies 17% return

Govt trying to stave off higher electricity production and subsidy cost.

Transfers 18% of the annual commitments under NFC Award

The index crossed the 32,000-point barrier before profit-taking kicked in.

CDC is taking additional measures to facilitate accountholders of KASB Securities during its current suspension period

Meets FCCI chief to discuss ways of increasing trade volume.

Trade agreements, volume to be discussed.

Benchmark KSE-100 index gains 255.8 points.

TEVTA suggests cooperation to impart skills to jobless youth.

They will have no electricity to run tube wells during peak hours.

Report says potential partners, leader to be chosen before early February.

Drastic decline observed in private sector and federal government’s borrowing .

Fund’s watch list shows 70% of total portfolio with these NGOs.

2,400 MW to be added to the national grid by summer 2015

Says utilities need to be bailed out, households need to pay more.

No major inflow or outflow recorded during the week under consideration

HBL looking to take over Barclays Bank’s Pakistan operations.

Energy sub-committee says incorrect estimates need to be avoided.

Engro Powergen to develop 660MW project.

SECP says regulators in contact with management.