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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.
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Regressive tax: Pensioners groaning under income support levy
Affectees term the levy unfair, say they are already paying 10% tax on profits.
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Banking the unbanked: Microfinance market in Pakistan keeps bankers optimistic
Kashf Bank eyes growth amid favourable regulations and untapped market.
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KSE weekly: Not much to write home about
Regional markets continue volatile run while KSE closes for Eid holidays.
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Industry efficiencies: Agri policy changes, a big reason for declining agriculture productivity
World Bank report cites price distortions and uncertain policies as main reasons for decline.
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Remittances sent: US clears old CSF dues worth $322m
Dar took the issue of CSF installment with US State and Treasury Departments during his recent Washington visit.
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Pakistan, IFC discuss $500m trade financing for oil imports
Agreement in principle for $500m revolving trade financing facility, to be gradually expanded to $1b.
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Finishing touches: Gwadar Port to be operational in six months
An IT based database system will be installed next month at all the ports to track movement of containers.
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Investment: GEM, KASB to launch $200m equity fund
Partnership will use the existing network of 105 branches of KASB Bank in 43 cities to source potential transactions.
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Investment roundtable: Finance minister meets investors in London
Minister continues string of meetings with international investors.
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Teenager launches country’s first ‘free’ web-hosting service
He has partnered with one of America’s biggest web-hosting companies.
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Slowdown: Telecom sector looks inward for growth
As subscriber base reaches saturation point, telcos focus on inactive subscriber.
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Govt needs to frame rules before LNG import
Consultant highlights the tasks to be performed by PQA.
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Averting damage: Kabul shares security plan for power, gas import
Is engaging local tribes to protect transmission lines, gas pipeline.
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Enabling the poor: Pakistan ranks 3rd in favourable microfinance environment
The Economist Intelligence Unit praises country’s framework and ease of entry into market.
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Pakistan gets $322 million in CSF dues
State Bank of Pakistan received the funds.
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Food security: Passco employees concerned by absence of managing director
The organisation has been without a head since August 24.
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Necessary overheads: Businessmen call for upgrading Faisalabad airport
Local industrialists say they are willing to invest in the project.

















































