Business

Govt in process of removing heads of some oil and gas firms.

Industry says it has sufficient capacity, can even export fertiliser.

Reports a loss of Rs4.1 billion for the semi-annual period, announces 55% rights share issue .

Benchmark KSE-100 index rises 26 points.

Experts believe short-range business strategy has hindered industry-wide expansion.

Power supplier restores electricity supply to PSM after partial payment.

Board secretary writes letter to power minister, alleges wrongdoing.

Bank cautions project cost can rise past $10b from estimates of $7.5b.

Rs23 billion worth of debt still needs to be paid.

New study says arsenic levels of 200mgs or more per kg are found in significant percentages of rice grown in Pakistan.

Tender is awarded to Swiss Singapore Overseas Enterprises

CNG stations will be closed on Tuesday, Thursday and Saturday.

FCCI would like to see a free trade agreement as well along with support.

Suggest govt should introduce fiscal responsibility, rely on direct taxation .

LCCI presents list of steps needed to World Bank, including visa restrictions.

Report assesses trading pattern of investors before and after increase in UFG.

Fourth significant development since new govt took over in June.

Index gains 229 points to close at 23,658.

Industry people claim billions have been overpaid while wiping off circular debt.

Indian media tends to be either silent or bullish, with trust highlighted as a key issue.

Process of removing restrictions may take another three to four years.

As the debate surfaces again, there are supporters and detractors on both sides .

Local car assemblers are willing to import completely knocked down parts, but opposing imports of built units.

Businessmen want govt to initiate a cost-benefit analysis before opening doors to India.

Energy, infrastructure, private sector among main areas of focus.

PM approves restructuring to promote trade with China, improve global ranking.

Dar assures governor of the federal govt’s commitment to the province.

Province gets Rs126 billion less than its share of Rs650 billion.

Strong PTCL earnings acted as a catalyst for the market.

Bank willing to design a workable model for implementation.

We applaud KESC’s efforts to get both individuals, as well as large institutions like PSM, to pay their bills.

Pakistan wants to improve bilateral relations with US based on trade, says minister.

To enhance the freight operations of Pakistan Railways, number of locomotives has also been increased from nine to 24.

AMC’s CEO says assets under control growing 25% annually.

SMEs at the forefront of new economic strategy: Dar.

Likely to post 10% growth in fourth quarter of FY13.

KSE-100 gains 314 points to end at 23,415 points.

Will approach court to prevent stake sale to private investors.

Energy policy will be country’s boldest attempt to solve energy crisis, says new energy minister .

KESC restores power supply to mill’s residential areas.

Of the total, $2b will be invested in Karachi ventures but no details yet.

Policymakers, development partner must tear down ‘bric’ walls of bureaucracy, regulation, interventionism,...

It’s about time our writers document our financial history by writing books on great Pakistani companies.

Raw materials of these goods to enjoy waiver of 17% sales tax.

Oils and cements pull KSE-100 up 120.25 points to end at 23,114.97.

The average dollar value against the rupee has touched an all time low of more than Rs100 against a dollar.

SBP says industry should be growing at a faster rate.

Says pace of investment depends on documentation, due diligence.

Wants Rs550m immediately, while PSM wants to pay just Rs250m.

Revenues, on the contrary, jumped 251% suggesting that company was able to operate its troubled 35,000 bpd refinery.