Business

KSE’s benchmark 100-share index gains 0.58%.

Against tender rules, PIA is leasing five aircraft from a company that does not own them.

PSO will utilise Pakistani ocean liners for bringing imported fuel oil, which will strengthen company’s supply chain.

Extends partnership with Shore Bank International.

Memorandum of understanding signed for setting up coal power plants for up to 1,000 megawatts (MW).

Immediate injection of cash announced to keep firm’s cash flows stable.

Becomes first bank to have more than Rs1 trillion deposits.

Gas supply problem continues to haunt industry.

Phasing out of Alto, conclusion of Punjab taxi scheme lead to fall.

Exports, imports fall in July, sparking doubts about govt projections.

Bet on short-term treasury bonds is about to backfire on the country’s bankers.

ECC eases ban to pave the way for export of 30,000 tons at $597.90 per ton.

Benchmark KSE-100 index adds 2 points.

Utility tracks exactly where and how much electricity is stolen, and holds employees accountable for profitability.

Official of power ministry says govt will not pass on this increase to the consumers of Karachi by giving subsidy.

LCCI says US cooperation in this regard will cement ties.

Prices save the day as production remains flat.

Court says exporter ‘cheated’ on business deal.

Local, international investors no longer willing to risk money in new projects.

Indus Motors sells more units, but worries about increasing imports.

Benchmark KSE-100 index adds 15 points.

FPCCI says consistency of govt’s investment policies at stake.

Volatile oil prices and the rupee falling to a record low dent profits.

Situation will worsen as demand for food rises and climate change intensifies.

Finnish firm introduces Windows-powered devices for the first time in Pakistan.

Project to result in inflated gas prices; Dutch firm may sue govt if implemented.

Talks between govt, Port of Singapore Authority (PSA) on to end their $750m agreement.

Plan will expand the reach of telecom operators significantly.

Calls for restoring old system of monthly price determination.

Benchmark KSE-100 index rises 72 points.

The functional cargo fleet has dropped yet gain, threatening the entire operation.

Move to bifurcate policy and operational functions; World Bank may object.

Aims to increase its halal meat products in major retail chains of N America.

Profit marks first billion made by UAE-based Abraaj Capital post acquisition.

Refinery has to pay Rs5.5 billion to oil and gas explorer.

Indian envoy voices hope for better trade relations between the two countries.

Historic low sales force the handbrake move.

Benchmark KSE-100 index sheds 2 points.

Sector focus shifts to trimming non-performing loans.

Body formed to probe attempt to give tax relief to telecom firms.

Exploration and Production Policy 2012 ensures higher gas prices.

Will attract new players; boost takaful’s market share to double digits.

The agriculture bank has to repay the amount to State Bank.

A sub committee has been constituted to probe into the matter.

First month of fiscal 2013 ends on a sour note for the industry.

Potential to generate 3.2m MW from renewable resources identified.

Chairman says no need to revise tax collection target, other officials disagree.

Benchmark KSE-100 index sheds 3 points.

Hi-tech machines to cut construction period by 18 months.

A steady stream of Twitter responses to complaints won the company praise.