Business

Management accountants say organisations need to be resilient.

Regulator seeks to balance its role as a watchdog and a promoter of the markets.

Printers see a big surge in demand ahead of general elections.

Sports utility vehicle is 40% cheaper than its imported counterpart.

Federal cabinet to take decision on LNG imports, says Mandviwala.

Committee directs petroleum ministry to get approval of lowest bid from SSGC.

PINE was the most smuggled cigarette, says custom official.

Presentation highlights key benefits of the technology.

Expects index to gain 21% in 2013 despite unfavourable conditions.

Zong boosts confidence of its parent to seek global M&A opportunities.

US regulator declares International Clearing House ‘anti-competitive’.

Bourse closes down after new controversy over ICH rates.

India’s basmati exports bounce back as they are paid up front with oil rupees.

Launches Corporate Governance Rules 2013 for public sector companies.

They were charged by govt for theft amounting to over Rs10m each.

Body questions refineries for not upgrading plants despite collecting deemed duty.

Decision taken to favour the influential despite opposition from FBR.

Says that key industries of both countries complement each other.

ICAP is opposed to ad hoc means of revenue generation, such as tax amnesties or presumptive tax regimes, says Masood.

Four private companies to buy a 61% stake in the construction materials manufacturer.

Industry insiders say autos to be used as bargaining chips, bribes.

Multan’s electricity utility to use it to monitor line losses.

“President Zardari will visit Iran for the groundbreaking ceremony and it will take place on March 11,” says Khan.

PASSCO to buy 1.6m tons, Punjab Food Department to purchase 4m tons.

SSGC recommends selection of lowest bidder for import of 400 mmcfd of gas.

Index closes below the 18,000 mark after falling for five straight sessions.

Awan’s status as PTA chairman had earlier been declared illegal by the same court.

Firmly back the government in the face of US pressure.

Gas prices likely to rise after cess is reimposed; diesel may become pricier; older CNG stations can be shut down.

The budget was decided with a 4.5 Gross Domestic Product (GDP) growth.

NIP will finance projects being set up in Rachna Industrial Park.

Janahi said his company is examining the possibility of investing in the energy sector of Pakistan.

Six-month profits equal preceding full-year earnings.

It is already releasing 1m tons in the domestic market.

Benchmark KSE-100 index falls 53 points.

Power producers have consumed more than allocated subsidies.

Pakistan currently has enough hard currency to cover only about two months of imports.

Controversy continues as evaluators term the bid ‘non-compliant’.

Pakistan expresses reservations, Tehran promises workable solution.

Exempts loans for Karachi Circular Railway project from taxes, duties.

Veteran banker Ashraf Mahmood Wathra brings 25 years of experience.

Finance minister directs PRI to build a plan to meet $20b target.

US envoy, WAPDA chairman inaugurate first phase of the project.

New CEO’s formula of branch expansion likely to pay off in the long run, but costly in the short run.

Positive sector-specific news, earnings save bourse from falling below 18,000.

Lower provisioning for bad loans, controls on branch network expenses help growth.

It will stimulate investment with new fiscal and operational incentives.

Oil suppliers have not implemented govt’s decision of doubling diesel credit limit.

This may encourage China to revive its refinery, pipeline plans.

Company, spurred by strong growth, launches dedicated Pakistani portal.