Business
More News
-
Market watch: Bourse closes at record high before Election Day
Foreign inflows continue to spur buying activity.
-
Disease prevention: KCCI appreciates health initiatives by govt
KCCI President welcomes health ordinances on mental healthcare, health commission and Thalassemia.
-
BBA graduates: SZABIST conducts survey to gauge trends in job market
First-ever exercise shows fresh graduates get average monthly salary of Rs35,448.
-
Locally assembled car sales dive 21%
Discontinuation of Taxi Scheme, older models hurts industry .
-
Credibility crisis?: PPP govt fails miserably in securing enough foreign funding
Less than half of budgeted estimates of foreign loans and assistance actually realised.
-
Lacking funds: SMEDA suffers from budget constraints
Budgetary constraints are decelerating the progress on projects carried out by SMEDA, said Chief Officer of SMEDA.
-
Budget talks: Proposals for annual budget 2013-14 being prepared
APCC would propose GDP growth targets for the upcoming financial year 2013-2014, says Asif Shaikh.
-
Private power producers warn of more blackouts
Place blame on government for not resolving the circular debt issue.
-
OGRA approves increase in wellhead prices of Qadirpur gas field
Decision will mean transfer of Rs200b in additional burden onto consumers.
-
White Label Service: Election fever leads to surge in SMS traffic
Short code-based service increases 1,000% YoY in May.
-
Market watch: Foreign investors flock to grab slice of Pakistani pie
With prospects looking bright post elections, buying frenzy takes over.
-
Pakistan Steel Mills to receive Rs11b bailout package on May 16
Funds to be used mainly to purchase raw material to boost output.
-
PM asked to extend Planning Commission member’s contract
PC spokesperson unable to provide justification for extension.
-
Power sector reforms: Gas supply to inefficient captive power plants cut off
Saved gas provided to efficient plants for improving electricity production.
-
Clampdown: Tax recovery drive gaining speed
The Excise and Taxation Department Sindh recovered a sum of Rs2.5 million as motor vehicle tax during recovery drive.
-
Auto parts makers face liquidity crunch: PAAPAM
Lobby blames bike assemblers for delaying outstanding dues.
-
Alternative energy: Government stresses swift completion of projects
Projects with capacity of 256MW will be ready by September 2014.
-
Pakistani outperforms the globe in ACCA
Ali from Quetta scores 94% in ACCA F9 exam held in Dec 2012.
-
Market watch: Positive election hopes trigger index to record high
Index surges on optimism over improved chances of economic shake-up.
-
SECP constitutes Shariah Advisory Board
Board will help develop Islamic financial market and monitor compliance.
-
KESC, Engro team up to build 600MW power plant at Thar
SECMC will construct the plant, while KESC will off-take power from it .
-
Financial assistance: ADB loans $99 million for improving utility services
Sindh cities experience rapid population growth, lack of reliable infrastructure.
-
The low-base effect: Investment in country dips to lowest in years
Bureaucratic red tape, uncertain environment drive investors away.
-
Punjab achieves 16% of cotton sowing target
This year sowing is 16% higher than that during the same period of last year, says Dr Khalid Abdullah.
-
FPCCI announces change up in management
President Federation of Pakistan Chambers of Commerce and Industry Zubair Ahmed Malik appoints new management.
-
Govt appoints Riaz Khan as acting OGDC MD
Former MD faces charges of reinstating ‘officials involved in Rs320m oil theft’.
-
SECP passes orders against insurance companies
Three orders issued against Takaful company, one against life insurer.
-
Chairman may be removed despite State Life’s unprecedented growth
In the five years he led the company, many key indicators showed highest growth.
-
House of Ittehad: Fashion chain to expand locally, globally to capture market
Chain received great market response encouraging it to increase presence.
-
Market watch: Index continues to consolidate ahead of elections
Lack of major triggers made for a dullish close to the session.
-
In a bid to expand SME financing, State Bank eases regulations
Move seen as first bid to allow banks to start lending to informal sector.
-
In politicians, businesses find fickle partners at best
Lobbyists desist from publicly backing candidates due to fear of reprisals from opponents.
-
Per capita income grows just 4.3% this year
Clocks in at $1,380 as total size of economy falls by Rs600 billion.
-
Upheaval at the helm: Heads of OGDCL, GHPL removed
When contacted, Petroleum minister declined to comment on the performance of former OGDCL chief.
-
Elections: Minister visits control cell
Oil and Gas Control Cell established to ensure continuous supply of oil and gas during upcoming elections.
-
Tax refunds: FTO recommends uniform policy
FTO Dr Muhammad Shoaib Suddle recommends FBR to ensure uniform policy of issuance of refunds is followed.
-
Investment: Acumen agrees to finance local power generation projects
Non-profit global venture firm announces first investment in growing rural energy sector of Pakistan.
-
Blueprints of Bunji Dam complete
WAPDA, G-B government to also resettle the displaced in model form.
-
Textile hub warns of economic meltdown
Say industries will shut down in four days if power shortage persists.
-
Commerce ministry okays mango exports starting May 25
Unlike last year, date has been fixed to avoid losses and wastage.
-
Meezan Bank launches branchless banking
Meezan Bank joins with Warid Telecom and Monet to launch system.
-
Market watch: Bourse opens election week on positive note
Market flirts with new highs before closing lower.
-
Hashoo Group to introduce modern lifestyles in neglected urban centres
Renowned hotelier steps into residential real estate fray.
-
Karachi bourse set to introduce new regulations
Rules will ensure that minority shareholders have a greater say in case of share buybacks .
-
New taxes likely after FBR misses revenue targets
Govt is scrambling to raise the tax-to-GDP ratio to a respectable level.
-
Fear factor: ATMs insufficiently fed for fear of riots
As election approaches the ATMs of many localities get out of cash.
-
Energy: Left-right political divide most evident in energy reform ideas
Parties agree on the diagnosis of the problem, but differ sharply on solutions.
-
Reducing regulatory hurdles: Liberalising trade a low priority for most
Making life easier for businesses gets a mention in manifestos, but not much detail.
-
Improving government efficiency: Local govt autonomy gets lip-service from politicians
Regional parties emphasise provincial autonomy.
-
Fiscal responsibility: All parties want to raise taxes, none wants to say how
PPP has best revenue collection plan.