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Corporate results: Oil supply disruption hits Hubco and Lalpir
IPPs announce depressing results.
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Corporate results: Pakchem’s profit binge ends with crash in guar price
Earnings of guar gum maker drop 69% in Jan-Sept period.
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Market watch: Stocks volatile as company results upset investors
Benchmark KSE-100 index rises 13.56 points.
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Changing PIB yields to bring down banks’ book value
Yields on bonds have gone up 257 basis points since June .
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Spectrum sell-off : Transparent auction of 3G licences promised
IT minister assures govt support in the exercise in meeting with PTA acting chief.
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Tax dodgers: About two-thirds of notices could not reach the big fish
Tax evaders have provided fake addresses to NADRA.
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World Food Prize controversy
Awarding the prize for developing biotech crops has reinvigorated debate over benefits of genetically modified crops.
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Stabilisation without growth?
If GDP growth declines further, both poverty and unemployment, particularly of the youth, will increase further.
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China offers assistance in mining and agriculture
Sindh chief minister in China to visit an international fair.
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Focus on Pakistan: Panasonic to step up activities next year
Company launches new projectors, tablet at Dubai fair.
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Stumbling blocks: Law and order, energy crisis stymie Japanese investment
Companies lie in wait for things to stabilise before making investment.
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Market watch: Karachi bourse rises as interest in oil stocks grows
Benchmark KSE 100-share index gains 117 points to close at 22,347.
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Respite: FBR extends deadline for IT returns, wealth statements
Tax collection may fall short of the target because of delay.
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Corporate results: Lafarge Cement profit drops 86% as cost rises
In nine months, however, company performs better.
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Pakistan Tobacco earnings soar 134% in Jan-Sept period
Profit growth of the tobacco giant slows down in third quarter.
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Fuel price adjustment: NEPRA increases power tariff by 32 paisa per unit
Tariff hike will apply to all, except for lifeline and KESC consumers.
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Dismal State: Pakistan’s current account deficit widens to $1.2b
Rupee under pressure due to depleting foreign reserves .
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Environment safety: Oil refineries to adopt EU-II global standards
The minister pointed out the collective responsibility to cope with the menace of environmental degradation.
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Nokia World: Next billion? Try five billion
Nokia’s launch sheds light on the company’s growth strategy in developing economies.
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Corporate results: PTCL earns Rs11 billion
PTCL group posted a revenue growth of 16%.
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Corporate results: Falling non-interest income erodes Allied Bank’s profit
Bank declares third interim dividend at the rate of 12.5%.
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Corporate results: DG Khan Cement posts lower profit
Earnings come down because of decline in sales
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Corporate results: Indus Motor earnings up 27% as sales increase
Sales of Hilux Vigo rise, margins on Corolla improve.
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Corporate results: Attock Refinery profit drops 59% in July-Sept quarter
Low margins, rupee fall and inventory loss hit the company.
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Corporate results: Engro Foods profit falls 23% on distribution issues
Results of the food giant are much below market expectations.
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LNG imports: PQA to seek expert help in framing rules
Ministry asks the authority to hire services of a reputable consultant.
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Market watch: Stock market rallies on positive news from PM’s US visit
Benchmark 100-share index
rises 475 points to 22,230. -
Sindh govt asked to protect consumer rights
Memon for constituting ministerial task force, expert advisory council.
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Efforts on to ensure gas supply in winter
Much depends on acceptance of proposal by petroleum ministry.
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IMF team arriving: Pakistan lags far behind in foreign reserves target
Mission coming to assess economic performance before releasing $550m tranche.
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Apple gives away Mac software, unveils iPad Air
Apple's iPad Air is about 20 percent thinner than the previous generation of tablets, starting at $499.
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Turf battle: Ginner loathe to new sugar mills
Says the new units are causing the cotton farming area to shrink.
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Corporate results: Askari Bank posts Rs157m profit for third quarter
The result is better than market expectations despite the loss per share.
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Oreo: World’s leading biscuit brand comes to Pakistan
Continental Biscuits Limited and Mondel-z International start localised manufacturing of Oreo brand.
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Fauji Cement records Rs582 million profit
Better gross margin and lower finance cost are said to be behind the rise in earnings.
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Market watch: Stock market rejuvenated after week long slumber
Benchmark KSE-100 index rises 155.17 points.
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Economy’s revival sacrificed for IMF deal: Pasha report
Ex-finance minister wants 10% regulatory duty slapped on non-essential imports.
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Electricity import: Russia’s $500 million funding offer gets cold shoulder
Three nations participating in Casa-1000 MW power import project don’t warm up to the proposal under US influence.
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Dispute settlement: Int’l court orders release of Turkish power ship
The company welcomes verdict, seeks compensation from Pakistan.
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Letdown: Tax base broadening plan gets cold response
The ambitious scheme aiming to catch tax thieves makes a poor start.
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Bad for business
Nawaz Administration needs to realise that dithering on cracking down on militancy is bad for business.
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Sweet-and-sour: Measures to avoid the sugar crisis
Farmers need to be given incentives to bring a larger area under sugarcane cultivation .
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Time for change: On the need for institutions
Contacts and graft skirt around rules in Pakistan. That needs to be changed.
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Window of opportunity: Government needs to stick to its tough stance
The first six months are critical for making the harsh decisions; use them wisely.
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Changing fortunes: Time to revive 1,400 closed units in K-P
The PTI govt can generate great support if it pulls off this feat.
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Analysis: Why pro-poor strategies have failed
Trillions spent to improve the lot of the poor have not borne fruit.
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Common pools: Crowd Financing and ‘Committee’ System
With proper safeguards, traditional forms of savings can be used to develop a powerful financial inclusion tool.
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The solar solution
Pakistan would appear to be an ideal candidate for photovoltaic power generation.
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Cellphone usage: Telecom sector welcomes business friendly govt moves
Operators believe favourable relations are necessary for upcoming 3G auction.
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Transit trade: Pakistan’s perishable goods export to Central Asia to get a boost
Kabul agrees to remove requirement of financial guarantee from exporters.