TOP STORIES
Foreign exchange reserves rose to $16.51 billion from $16.44 billion in the previous week, the central bank said on Thursday.
5th April, 2012
The KSE 100-index ended down at 13831.47 points, weighed down by banking shares hit by rumours of a rise in tax covering their sector.
5th April, 2012
Pakistan bought more than 450,000 tonnes of fuel oil in March, its highest level this year, led by higher imports of high-sulphur grade fuel.
5th April, 2012
The Punjab government has proposed to import buffaloes from the cities of Kasoor and Lahore.
5th April, 2012
The cultivation of vegetables grown from contaminated sewerage and industrial waste water continues in Malir and other areas.
5th April, 2012
Oil recovered in Asian trade Thursday after sharp overnight losses triggered by a larger-than-expected jump in US crude stocks, analysts said.
5th April, 2012
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WORD ON THE STREET:
Features
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- Hidden cost of doing business
- The hidden cost of doing business in Pakistan is said to be one of the highest for industry and the lowest for commercial trading.
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- In Canada, the penny’s about to drop into history
- ''I was born in the mid '60's, so even in my lifetime there hasn't been a lot you can buy with a penny," said Brian Grant Duff.
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- Poverty drives central Europe’s great exodus
- More than 20 years after the fall of communism, the wealth gap between east and west of Europe still persists.
HIGHLIGHTS
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- Amid debt crisis, archaeology becomes Greece’s Achilles heel
- "Some of them are excavated by semi-professionals who work for art trafficking networks. Others are done by treasure hunters,"
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- Hubco dividend payment delayed
- The development follows the dismissal of appeals of the company by the IHC, against tax on issuance of shares to finance project costs.
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- Unsolved mystery about missing containers
- While the mystery of missing containers is yet to be resolved, another 785 boxes belonging to Afghan Transit Trade have gone missing.
Blogs
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- Transforming business education in Pakistan
- Students in Pakistan would benefit more from successful Pakistani entrepreneurs than from foreign-based academics.
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- The uncomfortable truth about ‘comfort foods’
- “I am not opposed to business leaders heading the World Bank but what is one to think of them profiting from others’ grief?”
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- Trade or aid?
- One must wonder if us Pakistanis tend to overlook the economic efforts made by the elected government.
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EDITOR'S CHOICE
The growth in large-scale manufacturing has posted a growth, though paltry, since December despite acute energy shortage
The current moves by Tajikistan, Pakistan, Iran and Afghanistan to boost intra-regional trading has acquired a strategic











