Business

Aspen will acquire global rights to the Arixtra and Fraxiparine brands -- excluding China, India and Pakistan.

Privatisation or handing-over to employees; both paths are fraught with obstacles and risks.

PIA works on cutting costs, small things can save Rs18b.

Drawing inspiration from Malaysia, PIA has cut its unprofitable routes.

Staff defends this, saying salaries are raised in line with inflation rate.

Political influence, increasing expenses and lack of capital brings the carrier to its knees .

The dams will help alleviate poverty and check migration from villages.

Zong has taken a giant leap in competitive telecom market by introducing customer-centric services.

Expo bears fruit as first big order comes from regional economy.

A delegation met with K-P officials to express interest in the sector.

PTI leader criticises government’s economic policies and lack of clarity.

Telenor VP says industry and regulator should popularise the concept.

350 mmcfd of gas and 13,000 barrels of oil to be added next year.

Benchmark 100-share index falls 1,208 points during week.

Will explore avenues for development of SMEs in the country.

The estimated cost of the project is US$1 billion.

Proposes draft amendments to the 2000 Insurance Rules.

The entity is relying on freight traffic to generate badly needed revenue.

Benchmark KSE-100 index falls 393.51 points.

Pakistani businessmen expect large orders and business deals.

Move to hurt banking spreads, but decision is yet another effort to support falling rupee.

Pilot projects to be developed to demonstrate feasibility.

Summary shows prices may rise up to Rs5.57 per litre from October.

Central bank has already tapped foreign reserves to stop rupee’s slide.

Indian rice exporters are selling their brands of basmati rice indicating that the basmati rice is good for diabetics.

Finance Dept to issue a notification in a couple of days.

PTA moves to fill positions of chairman and member finance.

Benchmark KSE-100 index falls 280.08 points.

High commissioner says his nation seeks to improve economic ties with Pakistan.

About $500 million in foreign funding still not arranged, costs rise due to mismanagement and alleged corruption.

Former WAPDA chief makes out strong case for building Kalabagh Dam.

ECC slashed subsidy to Re1 per kg on export of 500,000 tons.

Exporters satisfied, focus more on new markets of Asia and Africa .

There is nothing in the hands of monetary authority to cushion the rupee. Where will it stop, only God and IMF know.

Barclays announced plans in April to restructure its wealth business.

This is the only artery left in Lahore that is offering land at cheap prices.

Bottom-line improves six-and-a-half-fold to Rs3.23b for the fiscal year 2012-13.

Declining trend ends with interest rates expected to rise along with banking profits.

Diversified group also investing Rs400m in hospitality business.

Signs agreement with World Bank arm for management training.

WAPDA directed to ensure power generation from project by 2015.

Dealers and analysts blame bankers, point to depreciation of interbank rate.

Supply to CNG stations, industry, fertiliser and power plants could be slashed.

Despite delays, sales in country beat regional markets.

Benchmark KSE-100 index drops 28 points.

Traders can benefit from lower electricity rates.

Says inefficiencies at farm level hamper dairy industry’s exports.

Speakers stress country is important for trade bloc and vice versa.

Acting chairperson says local products are generating interest in markets.

Benchmark KSE-100 index falls 551 points.