Business
More News
-
Populist decision-making
Government has been making economically unwise decisions like subsidising power, removing NTN to buy a car and so on.
-
Standard Chartered net profit flat in 2012
Slower economic growth in markets, such as India and China, was one of the factors that dragged down performance.
-
Google controls too much of China's smartphone sector: Ministry
'Google discriminated against some Chinese companies developing their operating systems by delayed sharing of codes'
-
Market watch: Stocks close down amid violence in Karachi
Market witnesses subdued activity on day of strike.
-
Cement exports grow at healthy 15%
Domestic sales remain stagnant, edging up only 1.16%.
-
Non-banking financial sector reforms introduced
SECP invites public feedback over proposed changes.
-
Bank of Khyber profits cross Rs1 billion for the first time
Lowering provisioning, growing deposits help the bank cross key psychological benchmark.
-
Coca-Cola announces $379m expansion plan for Pakistan
Company to establish three more bottling plants across the country.
-
Corporate results: Bank Alfalah earnings rise, but outlook remains uncertain
Deposit growth slowing down; profits rise on lower provisioning, stock market boom.
-
Tube wells: Ministry seeks 8 hours of power supply at subsidised rate
Will send summary to the Council of Common Interests for approval.
-
Diesel price may be raised to generate funds for refineries
Money to be used to upgrade plants to produce Euro-2 compliant fuel.
-
Big promises: PTI vows to create 10 million jobs in industrial policy
Unveils the policy with promises to shun aid, bring back illegal wealth from offshore accounts.
-
Out of style: Traditional targets like banks, oil sector no longer the first pick
Mid-career applicants seem to think NGOs and telecos offer the most growth.
-
Six villages get solar power in corporate-funded project
‘Lighting a Million Lives’ campaign will cover 4,000 villages.
-
Angry Businessmen: ‘Taxes levied on export sectors unacceptable’
Business community says they will not pay any utility bills or taxes if the subject SROs were not withdrawn.
-
Samsung looks to capture Pakistan through heavy advertisement
Company keeping its focus on market for home appliances for now.
-
Capturing markets: Habib Asset to introduce popular pension funds
Industry assets under pension funds have risen at annual rate of 45%.
-
Imtiaz Super Market’s new store seeks to capture upscale markets
Local supermarket chain introduces new services in more spacious outlet.
-
Rampant electricity theft: Private sector defaulters to be prosecuted by NAB
Government to forward cases older than a year and a half to corruption watchdog.
-
Weekly Review: KSE-100 gains foothold above 18,000-point barrier
Strong corporate earnings and foreign inflows propel market to record high.
-
Only 900,000 people pay taxes: Mandviwalla
Budget for the year 2013-14 will be prepared by the new elected government, says Mandviwalla.
-
Judge slashes $1b Samsung-Apple penalty in half
A jury had wrongly calculated the damages.
-
Petroleum price hike to be revoked on Ashraf's orders
Increase of Rs3.53/litre on petrol will be revoked as per the prime minister's order.
-
Four electricity import proposals under study: Government
Minister Mukhtar says that the Kalabagh dam would help in addressing load shedding and flood alleviation.
-
Yahoo to shut down seven products, including Blackberry app
Yahoo said its app for Blackberry smartphones would no longer be available for download, or supported by Yahoo.
-
Textile industry: Sector wants more gas as weather gets warmer
Punjab’s textile industry got gas for five days a week in summer.
-
Cement sales: Indications of seasonal uptick
Exports sales rebounded strongly in February with a MoM jump of 29%.
-
Shepherds take lessons from Australian counterparts
Aim to implement modern techniques within their own farms.
-
SECP fines Pak-Qatar Family Takaful for deceptive marketing
Equity watchdog asks company to pay Rs800,000 within 30 days.
-
Defaulters continue to get uninterrupted electricity
Govt is missing in action as outstanding dues touch Rs200b.
-
Market watch: Foreign buying, lower inflation drive KSE up
Benchmark KSE-100 index gains 12 points.
-
Core inflation eases, but experts raise eyebrows
Ministry officials attribute the decline to stagnant house rent.
-
Removal of NTN condition to broaden tax base: auto industry
Analysts, however, believe govt will lose potential taxpayers.
-
Teetering on the edge: PSO defaults on payments to international suppliers
As L/Cs mature, PSO finds itself severely short of cash to finance operations.
-
Waking up to reality: In face of revenue shortfall, FBR slaps taxes on five sectors
Zero-duty withdrawn from textiles, sports and surgical goods, leather and carpets; tax on tea enhanced to 16%.
-
Businessmen told how to cope with dumping
Seminar speakers ask businesses to be aware of WTO rules.
-
Study identifies gaps in fan industrial cluster
TUSDEC develops plan to bridge technological gap, enhance productivity.
-
Sweden to help in developing alternative energy
Will ask local companies to discuss opportunities with Pakistani firms.
-
Government sets 6% higher cotton production target
Farmers are forecast to churn out 14.1m bales next season.
-
TCP says imported sugar was not sub-standard
Says samples were tested by two different laboratories.
-
Jubilee Life Insurance jubilant about its 2012 performance
Gross premiums grow 47% to Rs12.1b, supporting healthy profit growth of 47.7%.
-
Market watch: Index heavyweights lead the bull charge
Benchmark KSE-100 index gains 93 points.
-
Corporate results: SSGC announces 32% lower profits for first half of fiscal year
Earnings will change following a court decision on a petition filed by the company.
-
PTA’s directive on biometric systems stays unimplemented
Authority, operators fail to build consensus regarding the procedure.
-
Power generation: HUBCO to incorporate Narowal plant as a subsidiary
Analysts welcome move as it will improve transparency in company’s financials,.
-
Diamer Bhasha Dam: World Bank, not ADB, presses for seeking Indian NOC
Pakistan asks for $2.5 billion each from the two lenders.
-
Life support for PIA
It makes no sense to keep pumping in money without first ensuring PIA goes through a process of economic cleansing.
-
Govt removes custom duties on solar power imports
Decision will enable foreign investment in the alternative energy sector.
-
MoU signed for setting up industrial estate at M-3
Will have special zones for Halal units and female entrepreneurs.
-
PTEA hails release of tax refund claims
Association calls move a ‘positive step’ towards export promotion.