Business

CDWP shows commitment to revive SOE, also approves projects worth billions.

Decides to sell a minority stake with management control and inject Rs3 billion.

Index closes in the black in four out of five sessions as Washington-based lending agency approves loan.

A member of the delegation informed Chairman BOI that investment worth $1.5 billion is ready for production of 800MW.

MoU to bring in fresh investment, promote joint ventures.

Fourth submarine cable will meet increasing bandwidth demand.

NSS is effectively crowding out private financial firms, claim businessmen.

Benchmark KSE-100 index rises 314.41 points.

Equity market watchdog registers 275 new entities in August.

FBR to select cases through ballot, target highest income groups.

Industry players say much depends on city’s law and order situation.

Govt to take political parties on board to address concerns about data.

The Rs23b package comes a day after IMF approved a bailout plan for the country and could invite the lender’s scrutiny

PR was operating 208 passenger trains in the year 2010-2011 which were reduced to 74.

The exclusive status will give Pakistan a significant edge in the EU market.

Exhibition showcases products and potential of the sector.

Increase of 160 mmcfd to help save $900m in fuel imports.

Benchmark KSE-100 index rises 575.63 points

Cement stocks have dropped 16% since July due to infighting.

Global consultant McKinsey presents fixes to pressing problems.

Experts say loan may only be stop-gap if govt fails to implement reforms .

Adopt a wait-and-see approach by showing complete lack of interest in recent auction.

Govt will have to commit to implementing politically unpopular reforms.

Executive Board approves $6.7 billion loan; Islamabad to receive $540 million immediately.

Industry members want govt to impound smuggled cars.

The Bara Dam will be constructed on the Bara river in four years after construction begins.

Earns Rs496m in fiscal 2013 against a loss of Rs1.6b in fiscal 2012.

The 50MW plant will be co-sponsored by OPIC and local firms.

Though below estimates, profits grow 34% on the back of higher cement prices and other income.

Benchmark KSE-100 index rises 67.35 points.

10% of cultivated crop has been badly hit in Punjab.

Anti-trust body recommends withdrawal of discriminatory tax.

Pakistan is now relying on Iran to fully finance the project.

Law and order, cost of terrorism and corruption eat away previous gains.

Finance ministry complains about FBR’s failure to meet targets, but it is complicit by not forcing FBR to improve.

Latest machinery will increase productivity and incomes.

Market is lifted by stocks with high capitalisation and low trading.

The EU recognises that trade is a powerful engine for economic prosperity and democratic strength.

Say zero-rated import of chicken products led to closure of state-of-the-art units.

Dar visits Customs House for first official visit since 1999.

Lack of sanitary facilities bars mangoes from entering America.

PPRA rules at crossroads with deadlines for hiring PTA chief, 3G auction.

Waives penalties, additional GST, allows sector to file returns on quarterly basis.

Benchmark KSE-100 index rises 83.8 points.

Tuesday's announcement marks the end of Nokia's days as a phone manufacturer.

The Nokia deal thrusts Microsoft deeper into the hotly contested mobile phone market.

Bakhtawari lauded the services of Yasmin Qureshi and appreciated the support of UK for grant of GSP plus to Pakistan.

Officials claim the plant is a top priority for the government.

Deposits surge to Rs30 billion by the end of June.

Chairman should be hired before 3G licence auction, says Chief justice.