Business Desk

  • TLAHORE - Pakistan Steel Mills (PSM) has received first installment of the new bailout package, a TV news channel reported.Spokesman for Pakistan Steel said the PSM has received an amount of Rs1.5 billion. The spokesman further said Pakistan Steel will spend Rs1 billion on the payment of two months ...

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  • TKARACHI  - An interview with  Syed Yawar AliChairman, Pakistan Dairy Association THE Chairman of Pakistan Dairy Association (PDA), Syed Yawar Ali serves on the boards of various organizations including Wazir Ali Industries, and has previously served as the Managing Director of Milk Pak ...

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  • T LAHORE – The Punjab government has approved increase in flour price by Rs 30 to Rs 670 per 20kg bag. According to details, Pakistan Flour Mills Association Punjab former President Asim Raza said that after the increase of Rs 50 per maund grinding services by government, Association and Food ...

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  • T LAHORE – Lahore Stock Exchange Limited has recomposed LSE’s -25 Index. By the Management of the LSE an exercise has been carried out to recompose the LSE-25 Index on the basis of the top volume leader companies for the period from January 1, 2012 to December 31, 2012. The LSE-25 ...

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  • TISLAMABAD – The Oil & Gas Regulation Authority (Ogra) has issued show-cause notices to owners of another 18 CNG station on Tuesday.The notices had been issued to the owners of CNG stations against violating regulatory authority’s instructions of not selling CNG to consumers, said ...

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  • TLAHORE – The flour millers have increased the price of “atta” by Rs 10 per bag of 20 kgs as Flour Mills Association Punjab has announced an increase in ex-mill price of a 20kg flour bag to Rs630 and on retail price Rs640, citing high cost of wheat in open market along with a rise ...

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  • TPersistent shortage of electricity has adversely affected the economic growth and sustainability of Pakistan’s industrial and social structure. The situation has left no option, but to tap all available domestic resources to overcome this national challenge -and renewable options have been ...

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  • T LAHORE – Pakistan received over $72.26 billion in the shape of grants and loans from different countries and international financial institutions during 1985 to June 2012. During this period, 24 countries and 13 different global lending agencies gave loans of over $59.24 billion to Pakistan ...

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  • T LAHORE - Good business companies take pride in constantly improvising their strategies according to the demands of customers and surely Ufone is one of them. The company is pioneer in many respects and known for introducing newer technologies.Ufone in Pakistan is pioneer in providing two numbers ...

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  • TKARACHI – Shares at Karachi Stock Exchange on Thursday maintained positive trend and the KSE-100 index gained 28.03 points to close at 15,306.51 points.At the opening session negative trend was seen but investors’ interest supported the index to recover the losses and to hit 15,341.74 ...

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  • TIn a bid to continue building the “PepsiCo” brand in Pakistan and to raise awareness among masses regarding size, scope, investments and challenges, following is the interview with daily The Nation that shares PepsiCo footprint in Pakistan, key ingredients of success, challenges and ...

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  • TDHAKA - A North Korean ship transporting 13,492 tonnes of rice imported from Pakistan for Bangladesh is sinking in the bay after it collided with a ship at the outer anchorage of Chittagong port late Wednesday night. Almost three-fourths of the ship MV Hyang Ro Bong went under water by yesterday ...

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