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UK aims to take bilateral trade to £2.5 billion
Assures Pakistan of cooperation in qualifying for EU’s GSP Plus.
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Textile sector comes out swinging against FBR’s new taxes
Says SRO 154 will discourage formal and registered textile units.
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Market watch: Across the board selling pulls KSE into the red
Volatility prevails, investors stay sidelined as index sheds 112 points.
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Private sector to implement the disputed Mahl Dam
Punjab, AJK governments were at loggerheads over the project’s boundaries.
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Textile sector’s profits multiply 12-fold
In FY13 to date, the listed textile sector has given 70% price return, outperforming the 30% return of the KSE.
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Power distribution: NA body highlights steps to improve performance
Recommends privatisation of power companies, removal of subsidies.
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A ticking bomb: ADB report warns of falling land productivity
Says rising salinity and deterioration of water quality will lead to serious problems in the future.
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Analysis: Iran-Pakistan pipeline a mutually convenient political stunt
Even if everything goes according to plan, Iranian gas will not flow into Pakistan until January 2015.
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Balance of trade: Gap between exports and imports narrows
Trade deficit shrinks 10% in July-February 2012-13.
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Going-away present?: Pakistan looking at LNG import from Qatar
Cabinet to decide today as both nations try to resolve price row.
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Private equity fails to make a mark in Pakistan
Only three dedicated firms registered with SECP, all of which are dormant.
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New Taxes: Yarn market shuts down indefinitely in protest
Ginners in Faisalabad are protesting against new taxes.
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Security clearance procedure relaxed for foreign investors
SECP to take on responsibility of registering foreigners.
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Market watch: KSE rebounds after earlier US fears of sanctions
Blue chips drive the market up 350 points, recouping Monday’s losses.
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Protecting Investors: Senate unanimously passes SECP Bill
The new bill would better assist the SECP in regulating investments made in the country.
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In tough times, business of security solutions thrives
German security equipment supplier eager to gain a foothold in Pakistan.
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Finance officials discuss future trajectories at 7th CFO conference
Company bigwigs discuss their changing roles within organisations.
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Secretary industries urges promotion of copyright laws
Says anti-piracy policies can help strengthen the economy as a whole.
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India’s industrial output posts surprise 2.4% jump
Manufacturing grew by 2.7 per cent in January from a year earlier.
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Electricity defaulters: NA tells WAPDA to ignore small defaulters
Committee lauded the government for fixing flat electricity rates for agricultural tube-wells.
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Value addition: Textile ministry to construct ginning research institute
Will also build business centres, model trading house in Multan.
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Only 2% of businesses are registered in Pakistan
SECP chief stresses the need for increasing company registrations.
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Smuggled vehicles: FBR to press on with amnesty scheme to legalise vehicles
Ignores concerns of assemblers and importers, who fear increase in smuggling.
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Remittances grow 7.5% in first eight months of fiscal 2013
In February alone, Pakistanis working abroad sent $1.028b.
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Car sales dip 26% due to a mix of factors
Sales stabilise in February due to election-related buying, weak imports.
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PPL clinches eleven exploration blocks
Company commits 6,445 work units, equivalent to $64.45 million.
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Index futures: Stock exchanges to feature equity derivatives
Stock index futures contracts to be traded with banking, oil and gas and KSE-30 index as underlying indices.
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Awan under consideration for IT secretary slot
Establishment Division may issue official notification shortly.
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Weighing heavy: Iran-Pakistan pipeline drains optimism at Karachi bourse
Index plummets 441 points after president formally inaugurates project.
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SC issues stay order on multi-billion LNG contract
The cabinet should not be forced to take decision for the contract, says CJ.
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Pakistan: treading a difficult path
Our economic realities are stark, but the future depends on us.
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Greece and the EU’s obsession with austerity
Troika of European powers is actually crowding out Greek interests.
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The economic costs of violence
Govt needs to ensure the security of investments or be ready to lose all.
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Life after Jobs: For Apple, the real test is yet to come
All its current offerings are still products of Steve Jobs’ innovative mind.
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In Pakistan, fashion still too shy of e-commerce
Apparel designers cite multiple reasons for not taking businesses online.
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Use of Sukuk to meet govt’s borrowing requirements
Sukuk can be used as an instrument to discipline public sector borrowing.
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Dragged down: PIA needs to jettison its past to prepare for a better future
There is no one-stop solution to the woes of Pakistan’s loss-making flag carrier.
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Tracking the economy: The fickle Pakistani stock market
Is our stock exchange really an indicator of the country’s economic prowess, or just a clubhouse for the rich?.
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Telecom sector: Cellular subscribers fall by 1.6m as govt steps work
Ban on SIM sales from retail outlets, strict data verification restrict demand.
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Weekly review: Karachi Stock Exchange dips below 18,000 points amidst fog
The law and order situation and weak macroeconomic indicators contribute to the decline.
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Gas Pipeline: ‘Govt should not succumb to any pressure‘
Pakistan will face a shortfall of 1,445 million cubic feet per day (mmcfd) in 2013-14 against demand of 3,638 mmcfd.
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Short-term economic setbacks force business spending cuts
Management accountants say organisations need to be resilient.
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Capital markets: SECP rethinks how to regulate the financial sector
Regulator seeks to balance its role as a watchdog and a promoter of the markets.
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Flex printing edges out traditional handmade banners
Printers see a big surge in demand ahead of general elections.
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Indus Motor starts assembling Toyota Fortuner
Sports utility vehicle is 40% cheaper than its imported counterpart.
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Forex reserves able to finance only three months of imports: Mandviwala
Federal cabinet to take decision on LNG imports, says Mandviwala.
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ECC rejects multi-billion dollar LNG import deal
Committee directs petroleum ministry to get approval of lowest bid from SSGC.
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Sting operation: FBR cracks down on South Korean cigarettes
PINE was the most smuggled cigarette, says custom official.
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Porsche all for introducing hybrid cars in Pakistan
Presentation highlights key benefits of the technology.
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Elixir Securities bullish on KSE, even if incumbent govt returns
Expects index to gain 21% in 2013 despite unfavourable conditions.