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Market Watch: Relentless foreign buying extends KSE’s rally
KSE-100 index gains 194 points to close at another record.
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LSE to open think tank to assist in policymaking
Think tank, named Lahore Financial Centre, will also promote investment.
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EPZA, KESC to build power plant in Karachi
Facility will ensure continuous power supply to the export zone in the city.
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Exploration and production: Need for hydrocarbons leads gas explorer to Karachi
Pakistan Petroleum will search for natural gas in Malir Town.
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Daunting challenges: Smuggling, duty theft sap investment in steel industry
When challenges are addressed, Aisha Steel will invest in capacity expansion.
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SBP sets new rules for exchange companies
Capital of Rs200m will be needed for network expansion.
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Textile industry continues tirade against load-shedding
Threatens to lay off workers in case demands are not met.
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Romanian student’s AI-driven car drives him to pole position at ISEF
Teen builds a car that equals Google’s attempt, but is considerably cheaper.
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Inflation slows further, hits lowest in nine years
Figure for May clocks in at 5.1%, raising hopes of a cut in interest rate.
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Market watch: Index sets another record for highest-ever close
Benchmark KSE-100 index crosses 22,000 points amid heavy trading.
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KSE’s stellar performance may put it back on MSCI radar
Record growth in volumes and foreign investment likely to invite interest.
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‘Energy sector continues to bleed due to unpaid dues’
Government and private consumers owe IESCO Rs19.5 billion.
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Survey: Pakistanis were better off in 2011-12 than preceding year
Pakistan Bureau of Statistics’ latest offering may spark some controversy.
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Uncollected bills: Government institutions are the biggest deadbeats
Islamabad pays out subsidies rather than paying off its electricity bills.
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Transmission & distribution: Power theft is the mother of all evil
State-owned power companies punish the good and the wicked alike.
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Electricity generation: IPPs carry the base-load for power production
Generation costs are only slightly higher than billed costs.
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Sources of fuel: Installation cost deters investment in the cheap power sources
Hydroelectricity and gas-fired power plants are the most realistic choices.
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Why power outages are mostly our own fault
How problems in each segment of the energy chain compound those in the next segment.
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Stern action: OGRA slashes SSGC, raises SNGPL gas prices
Regulator also imposes ban on new gas development schemes, reduces UFG ceiling to 4.5%.
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SMEs: Businesses plan to relocate from Karachi to Punjab
Union of Small and Medium Enterprises compiles study for investments in Lahore, Gujranwalla and Sialkot
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First Capital Equities to organise road show in New York
Says the event will be the largest-ever conducted by a Pakistani brokerage.
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SHC bars SECP acting chairman from holding office
Court says no such position exists in the rules and regulations governing the SECP.
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Weekly review: Bourse climbs as new government vows to end energy crisis
President’s refusal to sign tax amendments aided the index’s growth.
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Consumer goods: P&G sets eyes on expanding Pakistan operations
Company has achieved stellar growth and will increase localised manufacturing.
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Tax collection drops 4.3% to Rs174 billion in May
Thorough ineptitude marks FBR’s performance so far this year.
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In a muddle: Unemployment creeps up but drops on quarterly basis
Survey shows 6.3% of the workforce was jobless in January-March quarter.
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Credible constraints
Nawaz's administration appears more interested in solving the energy crisis than increasing its own powers.
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Amid global surge: Petrol prices increased by Rs2.18
Price of HSD slashed, providing some relief to consumers.
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Korean company urges Pakistan to push for LNG imports
Says Islamabad needs to make a quick decision before prices rise further.
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Smokescreen: To please new govt, finance ministry to paint a pretty picture for next year
Observers say targets for budget deficit is deliberately understated to curry favour with new managers.
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Cash injection: USAID offers funds to resume work on highway
The committee directed the NHA to complete the projects in Balochistan as soon as possible.
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Viper – a local PC brand undaunted by flood of used computers
As some assemblers pack up, Viper expands focus on corporate sector.
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Zero rating: Exporters against proposed sales tax
Both Malik and Firoz said that the sales tax on exports had failed miserably.
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Market Watch: KSE goes through the roof on reassurances over circular debt
Index gains 232 points on reports of Rs500b bond issue to tackle crisis.
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Energy mix: PML-N asked to focus attention on hydropower
Businessmen believe this cheap resource can produce 100,000MW.
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Power crisis: Ban on subsidies, increase in power tariff only salvation
Country cannot afford luxuries like gas for captive power generation.
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Credible constraints: Government to divest shares in energy companies
Move will give independent boards more power to hire and fire CEOs.
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Global hike: Petrol price to rise by Rs2.18 per litre
The prices of HSD, LDO and kerosene are to be slashed by Rs1.46, Rs0.07 and Rs0.38 per litre, respectively.
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Balance of trade: Indo-Pak trade far from balanced, claims SCCI chief
From 2007/2008 to 2012 Pakistan exported goods worth Rs9 billion to India, says Mailk.
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FBR to tighten the noose around tax evaders
Assures support to businesses already in the tax net.
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10 months on, SHC restriction on implementation of Takaful rules remains
Provision for Islamic insurance windows said to be included on ministry’s insistence.
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Hike in flour prices leaves K-P in distress
Twenty-kilogramme bag now retails at Rs770, highest in the country .
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Market watch: Energy sector powers KSE to record high
Index gains 150 points to close at 21,590.66.
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Standard Chartered launches app on all major platforms
Mobile banking app ‘Breeze’ manages customers’ banking needs on the go.
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Chinese firm comes to manufacture IV infusion solutions
Will set up state-of-the-art manufacturing unit on a turnkey basis.
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‘Natural gas still has significant share in energy mix’
Efficient use of depleting resource can help ease power shortage.
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‘Dirty’ dealing : A thriving ‘grey’ market fuels Pakistan’s power sector
Attraction of deferred payments lures IPPs to backdoor dealers for fuel supplies.
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Money out of nowhere: SBP utilises Chinese currency swap agreement to shore up reserves
Central bank still has a few tricks up its sleeve to delay going to the IMF.
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Collaborations ‘Scientific solutions the need of the hour’
Jim stressed the need for increasing food and fibre productivity to ensure a better future.
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Energy problems: Businesses vent anger at caretakers
Faisalabad Chamber of Commerce and Industry says power shortage has disrupted business operations.