Business

Global consultant McKinsey presents fixes to pressing problems.

Experts say loan may only be stop-gap if govt fails to implement reforms .

Adopt a wait-and-see approach by showing complete lack of interest in recent auction.

Govt will have to commit to implementing politically unpopular reforms.

Executive Board approves $6.7 billion loan; Islamabad to receive $540 million immediately.

Industry members want govt to impound smuggled cars.

The Bara Dam will be constructed on the Bara river in four years after construction begins.

Earns Rs496m in fiscal 2013 against a loss of Rs1.6b in fiscal 2012.

The 50MW plant will be co-sponsored by OPIC and local firms.

Though below estimates, profits grow 34% on the back of higher cement prices and other income.

Benchmark KSE-100 index rises 67.35 points.

10% of cultivated crop has been badly hit in Punjab.

Anti-trust body recommends withdrawal of discriminatory tax.

Pakistan is now relying on Iran to fully finance the project.

Law and order, cost of terrorism and corruption eat away previous gains.

Finance ministry complains about FBR’s failure to meet targets, but it is complicit by not forcing FBR to improve.

Latest machinery will increase productivity and incomes.

Market is lifted by stocks with high capitalisation and low trading.

The EU recognises that trade is a powerful engine for economic prosperity and democratic strength.

Say zero-rated import of chicken products led to closure of state-of-the-art units.

Dar visits Customs House for first official visit since 1999.

Lack of sanitary facilities bars mangoes from entering America.

PPRA rules at crossroads with deadlines for hiring PTA chief, 3G auction.

Waives penalties, additional GST, allows sector to file returns on quarterly basis.

Benchmark KSE-100 index rises 83.8 points.

Tuesday's announcement marks the end of Nokia's days as a phone manufacturer.

The Nokia deal thrusts Microsoft deeper into the hotly contested mobile phone market.

Bakhtawari lauded the services of Yasmin Qureshi and appreciated the support of UK for grant of GSP plus to Pakistan.

Officials claim the plant is a top priority for the government.

Deposits surge to Rs30 billion by the end of June.

Chairman should be hired before 3G licence auction, says Chief justice.

Benchmark KSE-100 index falls 436.17 points.

CPI rises 8.55% despite excluding 96% increase in power tariffs.

Airblue in distress as employees strike after management’s hasty proposals.

Provisional results show revenue collection jumps 17% but falls short of monthly target by Rs14 billion .

Company’s exploration efforts increase available fuel supply/

FIA is now looking to arrest director to commerce minister, Farhan Junejo.

It is a well-known maxim that certainty and not quantum of penalty, is more effective.

Blame low prices, absence of market and lack of government support.

Sale of illicit cigarettes has increased over 60% in five years.

Euromonitor and FBR officials say market is flooded with smuggled, non-duty paid brands in absence of law enforcement.

Effect goes beyond the industry itself and is more than just financial in nature.

Full impact of hike passed on to consumers of all petroleum products apart from HSD.

Minister says uninterrupted electricity supply to industries key tfo progress.

CEO Zeeshan Akhtar’s focus on quality makes company a big name.

“Train The Trainer” programme will be held in Karachi, Islamabad and Lahore on September 2, 3 and 4 respectively.

Pakistani products to gain greater access to Indonesian markets.

Reduced risks, high profits encourage investors to invest in a big way.

Government provides a subsidy of Rs1.07 per litre in the price of high speed diesel.

Companies coming up with cheap internet packages for survival, dominance.