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Infrastructure spending: With US help, power grid to get ‘smart meters’
A $60m programme is set to help power companies collect bills, reduce circular debt.
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Capacity building: USAID imports training to power engineers
Programme aims to develop trainees and remove bottlenecks in system.
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Halal product board to be established soon: minister
Promises increase in allocation for science and technology.
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Complacency and lack of faith dragging us down
The nation needs to carry out an assessment of its values and faith.
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Debt repayments build pressure on rupee
Payment of $2.5b in next six months keeps dollar demand high.
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Power crisis and political correctness
It is time to make tough decisions, even unpopular ones.
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Misguided policies: The farce of the CNG shortage, myth or reality
Government overly focused on protecting public sector companies.
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Global financial fiasco: End of the age of US economic dominance - II
How economic managers managed to make the ‘bad’ look ‘good’.
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The rise of the Pakistani middle class: How new suburbs made the good life affordable
Pakistan’s large cities are increasingly developing outer rings of suburbs which are cheaper than the city centre.
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Foreign exchange: Currency swap with China a bid to shore up, diversify reserves
The move is part of Beijing’s attempts to offer the Chinese yuan as an alternative to the US dollar.
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Evo Customers: PTCL launches ‘recharge and win’ package
Those who have not recharged their pre-paid device or paid EVO post bill since December 1, 2011, are eligible to win.
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Milk production per animal sharply lower
Though among top producers, Pakistan lags far behind developed countries.
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Communications gap, old farming methods hurt crops
30% crops are wasted due to obsolete production techniques.
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‘Gas crisis will be brought under control in six months’
Shortfall increased due to high demand in winter: Asim Hussain.
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Bill passed: Sindh to collect GST on key services
Province collects Rs11.5b in six months, widens tax net.
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Gas crisis: ‘The government had a plan in 2005 but did nothing’
State-owned companies have continued to add to the gas grid despite no substantial addition to supply.
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Weekly review: Bourse kicks off new year on a negative note
Gas price hike and foreign outflow dampen investor sentiments.
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Cement plants running at lowest capacity in 10 years
Domestic sales rise 13%, exports fall 8% in December.
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Banks stopped from opening anonymous accounts
State Bank asks them to conduct due diligence before opening an account.
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Karachi-Lahore route: First non-stop train to start running on Feb 3
Private company invests Rs226 million in Business Express.
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World LP Gas body irked by Ogra’s stance
Association opposes regulator prioritising CNG over LPG.
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Algeria plans 25 exhibitions this year
‘Country has very little interaction with Pakistan’s business institutions’.
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Engro Fertilizers raises urea prices by Rs210
Other industry players expected to follow suit.
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Power outages: Energy crisis linked to rising crime in Punjab’s industrial heartland
Property crime up 40% since 2007, uniting labour and industrialists against govt.
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Market Watch: Stock market continues downward trend
KSE’s benchmark 100-share index drops 62 points.
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Paperless pagri system still exists in old city areas
Hindus introduced the concept during the British Raj to keep ownership of their property.
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Alternative investments: Cyan - tailoring private equity to local market
The firm is creating an ‘eco-system’ to get around the informational asymmetry problem.
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2011: Pakistan IT industry's golden year
From app development to global recognition and a series of awards, 2011 was a good year.
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Pipeline repaired: SSGC restores gas supply
SSGC’s team replaced around 50 feet of damaged pipeline, in highly challenging weather conditions, it said.
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Forex reserves rise to $16.92 billion
Reserves gradually decline after peaking at $18.31b in July 2011.
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Search for oil and gas resources remains on the down low
Security situation continues to affect exploration programme: analyst.
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Indonesia seeking to enhance trade with Khyber-Pakhtunkhwa
Preferential Trade Agreement to be signed soon with Pakistan.
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Market Watch: Stocks fall as investors opt to book profits
KSE’s benchmark 100-share index drops 174 points.
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CNG dealers challenge blackmailing, theft charges
Say they are paying advance tax of 26 per cent on sales.
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Korean steel giant may make hefty investment
Other companies also plan to open offices in Pakistan.
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Encouraging reading habits : Bookseller tries ‘buy online, pay offline’ option
Earlier online purchase offer drew sluggish response.
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Electricity consumers brace for high bills
The time hydroelectric levels return to normal, the shortage will be met through IPPs, which will cost more.
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Not seeing eye to eye : SBP, Finance Ministry disagree on projections
Central bank and ministry paint contrasting pictures of the economy.
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Gas shortage: Punjab businessmen all set for Jan 7 protest
The LCCI president says that businessmen would continue to struggle until their demands are met.
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Make India remove agricultural subsidy before granting MFN: Agri Forum warns
Mughees says if rates of agricultural inputs are brought at par with India, agri products could be 25% cheaper.
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Restructuring: PIA employees seek meeting with defence minister
Say they want to speak to him before finalising their business plan recommendations for cabinet committee.
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Acquisition: Fauji Foundation only bidder for Askari Bank
Army Welfare Trust holds 50.57% shares in Askari Bank.
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Sri Lanka to take trade with Pakistan to $1b
Diplomat says rapidly growing economy offers investment opportunities.
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New agriculture project on the cards
USAID to help increase horticulture and livestock productivity.
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Urea Import: Agreement signed with Saudi company
Economic Affairs Division and the Saudi Fund for Development had inked an accord for the $100 million credit facility.
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Alternative energy: Consumers increasingly opt for solar power
Though expensive, this energy source leads to immediate savings.
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Tender: PSO to pay more for petrol purchase
Lowest bidder offers cargo for minimum $89 per ton against previous $77 per ton.
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Gemstone extraction: Controversial Gilgit-Baltistan mining firm shutting down
Mohsin Industries, owned by a HK national, has been laying off employees.
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Grounded for life: One year after crash, JS Air finally closes its doors
A fatal accident and declining oil exploration activity mark the demise of the charter air service.
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Rental value: Investing in Karachi’s posh DHA, think again
Commercial rents fall for third straight year; residential property remains stable.

















































