Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Bank of America Merrill Lynch estimates the city and its state-controlled companies still face about $10.3 billion in debt repayments this year alone. “There’s still a lot of debt overhang and corporate restructurings to be worked through,” said Khalid Howladar, a Dubai-based senior credit officer at Moody’s Investors Service. “Deferral of the problem has been […]
Hundreds of thousands of entrepreneurs started new businesses, built new homes, hotels and malls at the most popular and populated Sheikh Zayed Road in Dubai, since the government allowed foreigners to own houses and offices in 2002. The economy of Dubai may expand as much as 5 percent given the circumstances remain unchanged and Euro […]
Importance of business ethics Ethics is something of a subjective topic, but it is nevertheless of immense importance across all areas of business. From the way in which sales and marketing is handled through to product development and customer service, and even to some extent finance, ethics has a significant role to play in ensuring […]
CPPA wants NEPRA to increase power tariffs by another 21 percent Islamabad (Saturday, March 10, 2012): Central Power Purchasing Agency (CPPA) is not through with the rise in electricity tariffs charge to customers. At start of March, the company requested National Electric Power Regulatory Authority (NEPRA) to increase the tariffs by 39% on account of increasing […]
Companies growing at over 55 percent a year and employ over 41,000! Today, AllWorld Network announced the winners of the Pakistan Fast Growth 100 (Pakistan100), a ranking of the fastest growing non-listed companies in Pakistan. The Pakistan100 is a program of AllWorld Network in partnership with Harvard Business School Professor Michael Porter and presented by […]
Bhoja Air re-launches operations in Pakistan Karachi (Thursday, March 8, 2012): Bhoja Air has re-launched its operations in Pakistan after a span of nearly 11 years. Apart from Bhoja, two more airlines (Pearl and Indus Air) are in line to enter the Pakistani market. The addition of multiple brands will be a boon for the […]
Pakistan’s foreign exchange reserves fall to $ 16.34bn Karachi: (Thursday, March 08, 2012) According to the State Bank of Pakistan, on the week ending on March 2, Pakistan’s foreign exchange reserves fell from US $ 16.42 billion to $ 16.34 billion. From earlier reserves of $ 12.06 billion, the foreign exchange held by State Bank […]
Shell Petroleum profits plunges by 44 percent Karachi (Wednesday, March 7, 2012): Shell Petroleum, which is second largest oil marketing company, has seen its profits dip in Pakistan by an amount of Rs906 million (or 44 percent) during the year 2011. The sudden plunges in the profits are caused by the growing receivables that have […]
Government to attract investment in renewable energy sector Tuesday, March 6, 2012: The Government is considering waiving off duties on imports of parts of renewable energy plants. The government is looking to attract investment in the renewable energy sector and for the very reason has come out with this proposal. Such a step by the […]
Hiring of retired PAF employees will not benefit PIA believes Zakir Farooq Monday, March 5, 2012: Pakistan International Airline (PIA) employees have raised concern over hiring of retired Air Force employees to top positions in the air line. The employees of PIA believe that by hiring ex PAF personals the government will cause the air […]
SBP outlines mechanism for sugar exporters Karachi: (Monday, March 05, 2012) The State Bank of Pakistan, while outlining a comprehensive mechanism for all authorized dealers in foreign exchange for the export of sugar, has made filling and submitting the E-Form as a mandatory requirement for sugar mills. According to the details, banks will forward the […]
Karachi, March 5: Meezan Bank, Pakistan’s first and largest Islamic bank, has joined hands with M/s. Unique Technologies for financing of “Dell” brand of laptop computers through Meezan Bank’s Laptop financing product, Laptop Ease. In this regard an MOU was signed by Mr. Arif ul Islam, COO of Meezan Bank and Mr. Asif Bukhari, CEO […]
