Business - 13

The issue driving forward the fair was clearly etched out in the slogan; “Visible Products, Invisible hands.” It sought to make visible poverty-stricken women across Pakistan, who turn to the traditional arts of their area-usually passed down from mother to daughter over generations-to increase their household income. But because these women are manacled by 3 [...]

The Karachi Port Trust (KPT) has been awarded gold medal by the International Association of Ports and Harbour (IAPH) for its commitment to promote the use of Information Technology (IT) in port operation and allied facilities. On the occasion of 50th anniversary the IAPH has launched the IT Award 2005 as a reward to those [...]

The children have Swatch watches, branded sports shoes and other symbols of affluence. In obvious contrast, their mother and paternal grandparents, with whom they live, still dress in the simple cotton clothes of poverty. She regards the refrigerator, flat-screen television set and air-conditioner in their house with a wariness akin to suspicion. Regular remittances sent [...]

After running a tutoring business in Pakistan for more than 30 years, Anwar Khan said he decided to develop a similar center here. More than 15,000 students, he says, have gone through his Pakistan tutoring center. Mariyam has worked about five years for Kumon, a well-known tutoring business in the area; Thomas has tutored independently [...]

US department store operator JC Penney says it will double its readymade garments and home textiles imports from Pakistan over a two-year period. JC Penney’s Tom Gorski said that the amount of textile exports from Pakistan would grow by PKR8 billion as a result of the deal. Gorski said that the sale of Pakistani-produced merchandise [...]

Pakistan Telecommunication, Indosat of Indonesia and True of Thailand are the best performers among Asian phone shares this month as investors bet on expansion in nations with the fastest growth in subscribers. Investors are following Singapore Telecommunications and Norway’s Telenor, which have bought stakes in cellphone operators in South Asia and Southeast Asia to benefit [...]

When it comes to Pakistan, the image belies the reality, and seeing is believing. From the shadows of a misplaced image has emerged an innovative strategy that seems to do the trick. This might just be the right kind of break the country’s software industry needs from its rather lackluster past. Pakistan is fast becoming [...]

Pakistan’s privatisation commission embarked on the most ambitious month in its history when it opened the seals on bids at the weekend for the privatisation of Pak Arab Fertilizer company, the largest fertiliser complex in the country. This marked the start of a hectic period in which Pakistan hopes to raise Rps100bn ($1.68bn, €1.33bn, £910m) [...]

Lahore will shortly have a sprawling new town to be developed by an Abu Dhabi based construction firm across the river Ravi in the northwest of the city… a freshwater lake would also be part of the project, the model of which was being prepared at the Nandipur research centre…

The path to Pakistan’s full dialogue partnership with Asean is beginning to clear up with four member countries visited by Prime Minister Shaukat Aziz the past week expressing support to the bid. Asean also has dialogue partners that include China, Japan, South Korea, Russia, the United States, Australia, Canada, the European Union, India, New Zealand. [...]