Business

IFC, ADB to invest $50 million in shares of power utility.

New support price has made cost of business higher.

Fashion design competition winner trains women in embroidery.

Company aims to be the country’s largest on back of pricey ad campaign.

Heated activity continues after Unilever’s share buyback announcement.

Amnesty schemes conclude today, no further extensions to be given.

Tehran has confirmed provision of $250m; to provide another $250m from banks.

Billed subscribers will pay their monthly line rent in full.

Company runs enviably well, but faces threats to its business in Hub, Balochistan.

Public hearing held to review power tariff petition.

Country’s largest plant is capable of producing 150 tons per day of gases

Chinese prefer Pakistani rice due to better quality and lower price

Tax charged on profits made on sale of securities held for specific periods.

Govt, industry working out a mutually beneficial plan to ease prices.

Says businesses cannot run if they continue to lose money

Market breaches 16,500 points barrier before settling lower

Apex court had suspended mechanism linking CNG price with petrol

India and Pakistan to split Afghanistan’s share; Kabul may reconsider later.

Elixir Securities CEO says context has changed fundamentally since crisis in 2008.

Executives confirm the move preludes a major investment into the country.

DHA administrator asks DCK consultants and engineers to complete the ongoing projects with a holistic approach.

Nigeria has an estimated 184 trillion cubic feet of gas reserves, says the Nigerian envoy.

Faisalabad Chamber asks textile industry to focus on combined market.

Outgoing Iran’s consul general asks Pakistan to join hands with Tehran.

Woman entrepreneur woos judges with business idea, wins ‘Khadija’ competition.

Traders eye export of 200,000 tons, fetching $110m this season۔

Benchmark KSE-100 index jumps 94 points.

20 projects in progress, having total generation capacity of 20,000MW.

MD aims to make the company a global player in six years.

Plan, prepared in October 2010, envisages funds from government to revive the firm.

Says negative trade list should be phased out over a period of five years.

SC notes the Balochistan government never approved amendment in Joint Venture Agreement to allow TCCP exploration.

Changes raise privacy risks for users, violate company's previous commitments to its roughly 1 billion members.

Scientists from Malaysia, US and France to present research papers before delegates from institutions, food industry.

Ghandour joins IBA’s Centre for Entrepreneurial Development.

Reservation desks to be set-up at embassy premises to facilitate repatriating community at competitive fares.

Mari Gas Company (MGCL) has changed its name to Mari Petroleum Company Limited (MPCL).

Price rise will put a cumulative burden of Rs200b on consumers

Latter alleges that Siddiqui’s recruitment was a breach of protocol.

Seeks to promote Pakistan fruit market, secure export orders.

Farmers say late move will not help increase crop production

Second tier stocks help market gain 33 points.

Video conference to help break some ground ahead of official meeting next month.

New World Bank report analyses trends in foreign remittances

Fiscal books show Rs88.7 billion unaccounted-for; questions raised over authenticity of fiscal operations.

It is curious big-seller Iran & big-buyer India are both worried about Pakistan to build pipeline & protect it.

SC says NAB chairman would be held responsible if the Turkish ship left Pakistani territory without paying dues.

The agreements included a plan to develop renewable energy projects envisaging an investment of $3 billion.

Company is not owned by the president’s sister, and has yet to be granted licences.

Entrepreneur wins prize for a novel idea for a restaurant.