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Privatisation process: Govt to sell assets in sole offering
Instructs Privatisation Commission to prepare for sale of shares of three commercial banks and OGDCL.
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Stop smuggling of gold, not ban its import: Chand
Jewellery sector offers to help govt to curb menace.
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Clean up: Un-accounted for gas reduced, says SNGPL
Extensive crackdown, leakage rectification results in improvement.
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Still growing: Profits rev up for Atlas Honda
Nine-month profit rises 21% YoY.
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NHA banks on private sector for highway projects
Looking to attract 50% of financing from private partners.
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Ease of doing business: Govt vows to enhance ranking to 80th in two years
BoI chief says new regulations, like bankruptcy law, will be introduced .
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Going up: Fauji Fertilizer Bin Qasim posts rise in earnings
Favourable trend in agriculture sector pulls DAP off-take.
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Business needs: Business education must meet top standards, says President
Calls for necessary changes to be made to curricula.
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National carrier: Fear no lay-off, government tells PIA employees
Special assistant to PM says focus will be on growth .
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Market watch: Dull start to the week as stocks go into correction mode
Benchmark KSE-100 index loses 332 points.
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LNG import: SSGC, ECC likely to award $1.4b contract today
Engro will set up handling facility, bring first consignment by November.
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Misinformed agriculturalists
Use of mobile phones could help famers disseminate information regarding cropping, other agricultural practices.
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Despite ‘intelligence wing’ cigarettes continue to move in and out
Illegal sale in K-P hurting revenue, different routes used to transport product.
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Asia-11 study: Pakistan, along with Vietnam, top consumer of illicit cigarettes
Smuggled, counterfeit tobacco trade accounts for 25% of total consumption in country.
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Curtailment of smuggling a hard nut to crack
200 truckloads of smuggled goods, including cigarettes, arrive daily.
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Dodging exchequer: Pine eats into market of legal brands
Over 90% of Pine available in Pakistan comes from Afghanistan.
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Standing by: Govt stands helpless as illicit trade grows
Higher taxes and loose enforcement only help menace.
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Downsizing: Avtovaz to cut 11% workforce
The Russian govt has spent billions of dollars trying to prop up its struggling carmakers, including Avtovaz.
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Agri-business: Educating executives key towards growth
Pakistan not prepared for commercial scale farming, say industry officials.
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Impressive return: Microsoft tops expectations with record revenue
Looks at strong consumer demand for mobile devices, programmes.
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Skilled workforce: ICM to introduce four new certifications
Licencing examination will ensure trained and certified professionals.
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Auto industry frustrated at policy delay
PAAPAM chief expresses concern, seeks its early finalisation.
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Bilateral relationship: ‘US dialogue should focus on market access’
Business forum chief says Pakistan’s location could prove crucial.
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Weekly review: KSE-100 consolidates gains after crossing 27,000
Start of earnings season led to stock-specific activity.
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Without pre-shipment inspection: Influx of hazardous plastic scrap continues despite ban
Govt fails to enforce import quota set for plastic manufacturers.
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Skill development: Vocational training institutes set up in Lahore
The three-year project is aimed at training 75 TVET instructors from seven districts of Pakistan.
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Energy production: Groundbreaking of Thar Coal Block-II on Jan 31
660MW to be generated from project’s first phase.
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CPPs waste gas worth billions, claim CNG station owners
Say fair distribution of resources can ease energy crisis.
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Financial results: Fall in profits leaves sour taste for Engro Foods
Rough year for local giant as profit dips 66%.
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Trade, not aid: GSP+ can lead to more than just rise in textile exports
Dutch envoy says bilateral trade should be much higher than current level.
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Market watch: Stock market closes in red amid low volumes
Benchmark KSE-100 index falls 61.45 points.
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PIA woes: Employee unions expect a new dawn under Shujaat Azeem
Official’s appointment as PM’s special assistant on aviation welcomed.
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International media: WSJ acknowledges Pakistan’s privatisation vision
Write-up believes process could help bring economy on track.
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Road project: US links $90m grant to award of contract to FWO
Funds will be given for completing Kalat-Quetta-Chaman section of highway.
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Taking advantage: Bank-lending to private sector posting highs
Fastest pace of growth recorded in the last eight years, SBP data reveals.
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US approves $352 million for Pakistan under Coalition Support Fund
The amount is expected to be released by February 6.
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Forex: Country’s reserves fall to $8.168 billion
Reserves held by the SBP decreased to $3.322 billion against $3.467 billion a week earlier.
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Trade potential: Businessmen urged to participate in China fair
Show to feature products from countries across the region.
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ICCI to set up business incubation centre
Project will be carried out in collaboration with MoST.
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On the right road: Hinopak Motors driving away with huge profits
Despite poor sales, company earns Rs394m in first nine months of FY14.
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Market watch: Stock tries regaining momentum
Benchmark KSE-100 index rises 49 points.
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New entrants: Nucon Engineering well above set targets, says COO
Air-conditioning giant sets sight on retail market.
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Support: Samsung C&T eyes investment in Pakistan
Malakand tunnel and energy sector in company’s vision.
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Beverage makers: Capacity tax issue continues to remain cold
FBR loses billions of rupees every month, say industry officials.
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Oil, gas exploration: New blocks to attract $371m investment in first phase
Domestic giants win most of the licences, foreign firms shy away.
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Healthy finances: PSO to enter into LNG import business
Preparations under way to develop structure for gas purchase.
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Ministry intervenes on imported cars’ clearance
Requests FBR to provide details of all vehicles stuck at port.
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Alliance: PAAPAM welcomes Pak-India trade pact
“PAAPAM does not want Pakistan to become a market for Indian finished goods,” says PAAPAM Chairman.
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Islamabad businessmen want new industrial estate
Believe it will step up exports and create job opportunities.
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Legal quandry: Takaful Pakistan backs off from SECP case
Islamic insurance industry receives a blow, CEO terms battle ‘pointless’ .