Business

Private sector investing over $14.3 billion in hydroelectricity, coal-fired thermal plants.

In energy, manufacturing, and foreign investment, all the right ingredients are in place for a robust turnaround.

Project will be completed in 4 years and initially produce 600MW.

Will re-organise the scattered furniture industry to achieve five-year target.

It produces 90% of industrial output, 70% of revenue generated by the province.

Pakistani businessmen invited to explore opportunities and export rice and textile products directly to Algeria.

Reportedly willing to provide $500 million at 7% markup after other banks pulled out.

Pakistani company’s low-cost smartphones sell like hot cakes.

Low inflation numbers and sector-specific news provide momentum to the market.

Establishes 28 purchasing centres in district.

Hosiery manufacturers say SROs issued by FBR are unreasonable.

Reviews performance of GIZ in introducing energy reforms in the sector.

Allows suppliers to use retail giant’s distribution channels to market their products.

Compared to the corresponding week last year, the SPI for combined groups inflated 4.84%.

PSMC has shifted to a new plant and finds no use for the old land.

FBR estimates generating Rs5b annually through the measure.

Scandal could have caused a loss of $3 million to public purse.

Ghani Osman and Shunaid Qureshi’s protest at AGM turns violent.

Investors return to telecom stocks on hopes of better results.

PEPCO paid only Rs50b to PSO out of Rs369b so far this year.

Fesco shifts officers to different districts besides ordering departmental inquiry.

Local tannery wins accolades for product quality, bags award.

Comprehensive plans in place to ensure smooth campaign.

Caretaker minister seeks contract details of all CEOs for review.

Mirpur deputy commissioner directs defaulters to clear dues in a week.

MD says benchmarks fixed by OGRA are unrealistic.

Despite repeated attempts, no official can explain the true nature of the visit.

Index gains 38 points in range bound session.

Interim setup told PPP-led govt left it a herculean task of resolving the issue.

Enthusiastic investors expect the $500m to stay in the sector, driving up valuations.

If Sethi wants to end up as honest caretaker, then his economic priority should be to ensure zero overdraft with SBP.

To manufacture power boilers and wind turbines.

KCCI urges govt to intervene on emergency basis and resolve issue.

Broad rallies in nearly all sectors push index upwards.

Ministry denies allegation of kickbacks in award of contract.

Analysts expect a positive impact on earnings of major producers.

US envoy meets businessmen and reaffirms commitment.

It is claimed to be world’s first website to offer information about Shariah-compliant investment products.

Group believes after ‘success’ of Business Express, there is room for another venture.

Iranian team will arrive for talks to be held on April 15 and 16.

Almost one-third of fruits are wasted before it reaches consumers.

At least five pharmaceutical companies have quit operations in Pakistan, with more expected to follow suit.

Say notifications will force them to close shop.

Demand withdrawal of all controversial SROs issued after December.

Says end product producers must pay 5% refundable tax, not spinners.

Oil marketing firm keen to take a stake in coal mining company.

Cement sector helps index cross 18,300 points.

Agreeing to demand may force caretaker govt to raise power tariff for consumers.

Food giant likely to incur ire of investors after deeply unpopular move.

Investigation finds both companies unjustifiably increased prices of urea in tandem with each other.