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ADB projected moderate economic growth - 0 views

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    KARACHI: The Asian Development Bank (ADB) has presented a modest economic growth forecast of 3.7 percent for Pakistan for FY12, lower than government's target of 4.5 percent.
Halal Tamweel

Refinery witness higher output and 14pct sales growth in 2MFY12 - 0 views

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    KARACHI: Refinery sales witnessed higher output along with 14 percent growth in the first two months of fiscal year 2011-12 (2MFY11-12). High Speed Diesel (HSD) and petrol contributed as their growth outshined by 91 percent during the period under review.
Halal Tamweel

APTMA welcomes LNG Policy 2011 - 0 views

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    Karachi: All Pakistan Textile Mills Association (APTMA) has embraced the proposed Liquefied Natural Gas (LNG) Policy 2011 and appreciated the efforts of federal government for taking interest in bringing LNG into the system, said by APTMA Chairman Gohar Ejaz.
Halal Tamweel

Sales of OMC drop by 6pct during August 2011 - 0 views

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    KARACHI: The sales of Oil & Marketing Companies (OMCs) dropped by 6 percent during the month of August to 1.740 million tons, according to the latest data released by Oil Companies Advisory Committee (OCAC).
Riffat Mughal

Circular Debt: Banks agree to extend more credit to power sector - 0 views

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    ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country.
Riffat Mughal

Circular debt: PM asks committee to report on Oct 12 - 0 views

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    ISLAMABAD: Rising circular debt issues and ongoing power riots have brought Prime Minister Syed Yousuf Raza Gilani into action as he asked the inter-ministerial committee on energy to submit report in the special Cabinet meeting on October 12.
Riffat Mughal

Kinnow: Bumper crop expected this year - 0 views

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    ISLAMABAD: Owing to timely monsoon rains, bumper kinnow crop is expected during the current year (2011-12), raising the chances to surpass the exports figures of previous year.
Riffat Mughal

Govt to import 500mmcf LNG for power generation - 0 views

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    ISLAMABAD: The government is actively engaged to pave way for import of 500 MMCF Liquefied Natural Gas (LNG) on emergent basis to be exclusively used for generation of 2500 megawatts electricity in the country.
Riffat Mughal

Auto industry fears of new players - 0 views

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    LAHORE: The automobile industry of Pakistan has showed serious concerns over the government recent stance to invite new players in the domestic automobile industry to reap the new announced benefits.
Riffat Mughal

Project worth US $ 166 million for import of LNG signed - 0 views

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    ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.
Riffat Mughal

Weekly SPI registers increase - 0 views

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    KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.26 percent for the week ended on October 6 over the previous week.
Halal Tamweel

PTCL offers ICT services to DGK Cement - 0 views

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    ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) to supply Information and Communication Technologies (ICT) services to Dera Ghazi Khan Cement (DGKC).
Halal Tamweel

Urea ship arrives at Gwadar port - 0 views

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    KARACHI: A ship carrying 27,420 metric tonnes of urea imported by Trading Corporation of Pakistan (TCP) has arrived at Gwadar Port on Wednesday.
Halal Tamweel

NEPRA approves wind power tariffs - 0 views

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    ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.
Halal Tamweel

Range-bound trading likely at KMI - 0 views

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    KARACHI: Market is expected to remain range bound as the investors will adopt precautionary measures and prefer to be sideline ahead of monetary policy.
Riffat Mughal

Sept trade deficit narrows to $1.786bln - 0 views

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    KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.
Riffat Mughal

Remittances surge by 25 percent to $3.3bln - 0 views

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    KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
Riffat Mughal

Car sales gear up by 27 percent - 0 views

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    KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.
Riffat Mughal

Agritech reports loss of Rs 295.221mln in FY11 - 0 views

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    KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.
Riffat Mughal

Inflation likely to reverse after SBP decision - 0 views

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    KARACHI: The recent decision of State Bank of Pakisan (SBP) to bring flexibility in monetary stance could spur economic growth slightly but it is likely that inflation could again pick up its momentum due to expected increase in liquidity position, according to the Arif Habib research note.
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