Business
More News
-
Two-year term: SITE Association elects executive committee
All the candidate were declared elected unopposed.
-
Private companies sign MoU on solar power
Ministries and companies agree to jointly conduct research.
-
Islamic pensions make inroads among asset managers
Demand is there, all that is needed for Pakistan is to create supply.
-
Employers lay out solutions to economic ills
Emphasise better tax collection, labour productivity and regional trade.
-
Market watch: Stock market surprises investors by ending in black, volatility remains
Benchmark KSE-100 index rises 75 points.
-
Oil margins: Govt appoints PIDE to determine fair OMC margins
OMCs deem current regime with fixed margins unsuitable for market.
-
CASA-1000 project: Accord reached on structure and commercial principles
Stakeholders expected to start developing the project in 2014.
-
Privatisation: KSE issues first dividend in its history
Step highlights progress in the process to demutualise the bourse.
-
IMF review: FBR likely to collect Rs130b less than tax target
If lower target is achieved it will still be 21% higher than last year’s collection.
-
Rising imports, stagnant exports; sign of structurally weak economy
Long-standing theory that trade deficit can be financed through remittances has not worked.
-
Uneven playing field: Manufacturing sector falls behind as services take over
Need to look beyond traditional sectors for export growth.
-
There can be no recovery without revival of railways
A revived rail network with its freight train can help Pakistan cut trade deficit considerably.
-
Out of pocket: Suffering from the perpetual shortage of revenues
Successive governments have failed to come up with a surplus budget.
-
Descent into chaos: Evolution from an economic state to a security state
It’s not about how much the Pakistan government spends but where it spends.
-
Foreign capital: China set to invest in energy sector
China seeks investment opportunities in Pakistani markets which can pave way for direct investments in future.
-
Video Conferencing: Wateen Telecom launches V3
Company says it is the first cloud-based video conferencing services provider in Pakistan.
-
CAA launches complaint service
People can record complaints against flight delay, boarding issues, etc.
-
Govt misses SC’s 3G auction deadline for appointing PTA members, chairman
Supervisory auction committee established in violation of procedure.
-
Election campaign: Previous govt spent $3.5b to stem rupee slide before polls
The amount accounts for up to three-fourth of total loss in currency reserves during FY13.
-
Number of super-rich soars 34% in just one year
Each ultra-wealthy person has a net worth of at least $30m.
-
Weekly review: Positive triggers help KSE extend bullish trend
Index closes 1.8% higher over the week as investors, lenders display confidence over economic measures.
-
Emergency brakes: PIA unions set eyes on employee buyout
Labour leaders say buyout preferable to all-out privatisation.
-
French expertise: TIP’s academic programmes to be evaluated
The main purpose of his visit to TIP is to evaluate the academic programmes being offered.
-
Starcom looks at Pakistan market more closely
Media group sees opportunity of growth in the country.
-
FBR picks about 42,000 cases for tax audit
Move aimed at catching taxpayers giving incorrect information.
-
Goodwill spirit: Centre likely to waive Rs29 billion investment in Saindak project
Committee working on transfer of project ownership to Balochistan.
-
Market watch: KSE remained volatile as investors cautious ahead of monetary policy
Benchmark KSE-100 index falls 54 points.
-
Under duress: Interest rate hike takes businessmen by surprise
Karachi Chamber says govt is coming under IMF pressure.
-
Pakistan Oilfields finds more oil, gas in Makori
Company’s annual report, test production results at 2,687bpd and 8.56mmcfd.
-
Development work: ECNEC approves Rs26b for reviving Pakistan Railways
Several projects with incomplete costing withdrawn, planning committee reprimanded.
-
Monetary policy: State Bank raises discount rate by 50bps
Surprise hike likely to cope with relatively higher inflation figures.
-
Lender’s report: IMF spotlights risks to Pakistan bailout deal
Violence, country’s track record and Nato drawdown pose near-term crisis: report.
-
Curbing losses: Government kicks off privatisation of PIA
Decides to put up 26% of airline’s shares for sale in initial stage.
-
Essential commodities: Price committee to play effective role, says Dar
“Provinces should play a proactive role in maintaining price stability to provide relief to general public”, says Dar.
-
Gas theft: UFG a major challenge for SSGC
Gas utilities not responsible for problems caused by security issues: MD.
-
Market watch: KSE retracts ahead of monetary policy announcement
Benchmark KSE-100 index drops 9.47 points.
-
OGDC to add 350mmcfd in less than 18 months
Exploration giant also seeks to boost oil production and tap shale gas.
-
Credit market: Five months on, PIA’s booking via credit cards on hold
Size of credit card sales in Pakistan not big enough to attract major players.
-
First-half earnings: Resilient small banks spring surprise, beat Big Five
Profits rise 10% despite low credit growth, falling margins.
-
Oil, gas companies: Govt to seek provinces’ consent before privatisation
Matter will be taken up in meeting of Council of Common Interests.
-
Captive power: Industry members warn of major energy crisis
Government decides to ban power generation through gas.
-
Helping hand: US to boost Pak agriculture sector
Pakistani scientists will be trained under the programme.
-
Fast-moving consumer goods show slow growth
Analysts believe industry will take two more years to rebound.
-
Govt strives to speed up work on power projects
Outdated energy infrastructure and theft cause loss of billions.
-
Market watch: Market continues upward trend as cements retain confidence
Benchmark KSE-100 index rises 239.51 points.
-
Undiscovered goldmine: Phenomenal rise in guar production going unnoticed
Country expects highest production of cash crop in 18 years.
-
Monetary policy: Analysts predict no change in discount rate
Government focus will mainly be on building reserves initially.
-
Economic reform: Political stability and implementation of plans are necessary conditions
Malaysian minister shares economic model to address Pakistan’s complex problems.
-
Pollution: Oil companies must submit $1,300,000 to court tomorrow, says CJ
The oil companies were meant to spend this money to promote social welfare activities and had not done so.
-
Tough talk: IMF says meeting conditions must for release of tranches
IMF executive says waivers should not be expected by Islamabad.