Business
More News
-
State Bank to keep up monetary oversight, says official
Central bank will strive to stabilise macro variables.
-
Breakthrough in Afghanistan: NESPAK awarded $500m Bakhshabad Dam project
Pakistan-based consultant firm to design the dam funded by Kabul.
-
Linde Pakistan’s profitability expands 5% in 2012
Company announces additional investment plans costing Rs600m .
-
Market watch: HUBCO bails out bourse to close at record high
Benchmark KSE-100 index gains 186 points.
-
Corporate results: HUBCO achieves 59% growth in profitability YoY
Profits increase after company’s Narowal plant comes online.
-
Swept under the carpet: ECC shuts door to probe into substandard sugar import
Approves sale of remaining commodity despite doubts over its quality.
-
Barter deal: Pakistan has not shipped any wheat to Iran so far
Sources say that dispute involves finance disruptions from Iran’s side.
-
Shale gas extraction policy: ADB advises Pakistan to realise implications on other sectors
Will provide $900m for power sector’s expansion during the next two years.
-
ADB delegation to help improve rice farming methods
Discusses promotion of new technologies in basmati rice cultivation.
-
Textile industry rejects revised withholding tax
FBR has imposed a 20% tax on companies, exporters to boost collection.
-
Gas theft charges controversy put off … for now
Law minister says move could violate Lahore High Court orders.
-
Wind sources acquire greater importance in energy mix
Govt decides to enhance share of alternative energy from 5% to 20%.
-
Duddoo Aur Dhobi: New mobile app introduces Urdu nursery rhymes
App has received generally positive reviews; users say they want more.
-
Market watch: Institutional selling pulls KSE below 18,000
Benchmark KSE-100 index falls 126 points.
-
Corporate results: Growth slows to a crawl at Unilever Pakistan
Company to invest in its “emerging categories”, continues to pursue delisting.
-
High-level huddle: Government tries to revive ‘controversial’ Safe City project
ECC refers the matter to Supreme Court for endorsement.
-
ECC meeting: PIA given approval to induct new aircraft
Cabinet committee also approves extension in govt guarantees.
-
In defence of Dr Hafeez Shaikh
I know one thing for a fact. Had Dr Shaikh not been there, the situation would have been much grimmer.
-
Ajman tries to woo Pakistani investors
AFZA officials are visiting Pakistan to convince local business community.
-
LADIESFUND to announce awards for businesswomen
Three awards, 11 scholarships to be handed out.
-
FBR selects over 12,000 taxpayers for audit
These companies are suspected of tax evasion.
-
Nishat (Chunian)’s profits surge 64% QoQ
Higher dividend income from subsidiary adds to profits.
-
ECC likely to approve LPG Policy 2012 today
Will also consider proposed margin hike on petrol, funding for Neelum Jhelum.
-
Immigration control: Pakistan to ease entry rules for foreign businessmen
Exemptions to be granted for foreign businesses operating locally, says Malik.
-
Market watch: Despite profit-taking, index closes above 18,000
Benchmark KSE-100 index falls 54 points.
-
UBL’s profits register 29% growth over previous year
Also announces Rs3.5 per share dividend.
-
Corporate results: Stellar results propel NBP’s stock to highest in two years
Bank announces Rs7 per share cash payout and a 15% bonus issue.
-
Subsidised power supply to KESC illegal: Senate panel
Body formed to probe allegations of corruption in KESC privatisation.
-
World Bank team: Experts ‘unfamiliar’ with Pakistan’s tax issues
Presentations are restricted to basic concepts with examples from EU, US.
-
China manufacturing growth falls in February: HSBC
The domestic economy expanded at 7.8 percent last year, its slowest pace in 13 years.
-
‘Special treatment’: Ashraf approves 20% pay raise for AGPR employees
Decision will place an additional Rs1b burden on the national exchequer.
-
Zardari to finalise gas pipeline deal in Tehran
President to leave for Iran tomorrow to sign agreement.
-
Smartphone wars: Nokia refuses to throw in the towel
Finnish giant believes there is still room for a third ecosystem at the top.
-
Poverty – a contradiction of record and reality
Report says ranks of poor have increased in five years.
-
Pakistan needs to regulate hazardous e-waste
Unknown to many, Karachi is a hot destination for the world’s electronic waste.
-
Calling for an invisible trade policy
Policy should focus on removing obstacles to creating level playing field.
-
Capitalism: Which way forward?
Global corporate giants need to learn from their mistakes.
-
OGRA right in dismissing demands for higher UFG
Companies should make supply systems more efficient.
-
All that is gold does not glitter: Is a rupee still worth a rupee?
KSE-100 index provided equity investors an annual return of 48% in the calendar year 2012.
-
Uncertainty drives foreign investors away: Dutch diplomat
Says companies waiting for suitable conditions to invest.
-
Moody’s Downgrade: Britain loses AAA debt rating
The rating agency cut Britain’s grade by one notch to Aa1.
-
Awan reappointed to PTA, but as acting chairman
Govt once again trusts Awan with the top seat of the telecom regulator.
-
Gas crisis: Asim Hussain defends govt’s energy policies
Says Pakistan needs to develop shale gas as other resources deplete.
-
Crisis-gripped nation: Iran offers furnace oil, LPG for Pakistan’s energy needs
Talks between the two sides in Tehran next week will firm up proposals.
-
Weekly Review: Buying spree propels Karachi bourse over the 18,000 mark
With positive developments for particular sectors, corporate results continues to play their role.
-
Tax hound: FBR to initiate hunt for identified tax evaders
Govt also withdraws tax facility and slaps sales tax on manufacturing.
-
Meeting energy needs
Pakistan has to bear the brunt of US pressure on this if it wishes to import gas from Iran.
-
Anatomy of a trade: In BMA Capital case, timeline shows plenty of grey areas
SECP claims the brokerage defrauded its client, BMA claims it was trading on its own account.
-
Gas allocation: Textiles win as govt moves captive power up priority list
Decision contradicts earlier cabinet decision which accorded captive power fourth priority.
-
Shale gas exploration poses threat to ground water
Planning Commission proposes strict safeguards to counter environmental risks.