Business - 24

The KSE 100-share index on Thursday broke through the psychological barrier of 7,000 points boosted by massive buying in OGDC and some other leading base shares and analysts predict it could well prove a take-off point for its forward thrust to the next target. The total market capital also soared to a new record level [...]

Indian managers have found their Pakistani counterparts are ahead in creating jobs and fostering entrepreneurship, the Indian co-organiser of a management meet of the two countries here has said. “We found there is much to learn from Pakistani entrepreneurs, who have broken away from the traditional feudal setups, to start effective appraisal programmes to create [...]

Brunei government has agreed to finance the US$2.6 million training institute for Pakistan Foreign Service. “This will be like a hostel. Pakistan Foreign Service trains diplomats from 35 countries from Africa and Asia. This is one of the principal agreements that we’ve reached in my talks with my Brunei counterparts,” he said. “Pakistan runs a [...]

Pakistanis are the best to talk to, echo our desi BPO across the country. “British Indians and Pakistanis regard themselves as one. They consider themselves as natives of the Indian sub-continent. From dal makhani and shahi paneer to salwar kameez and embroidered chikankari , there are hundreds of things that bind Indians and Pakistanis. And [...]

Bestway Cash & Carry, the retail chain owned by Sir Anwar Pervez, the entrepreneur and former bus conductor, has taken over Batleys, a rival cash-and-carry business, for£100m. Pervez emigrated to Britain from Rawalpindi, in Pakistan, in the 1950s and worked as a bus conductor before opening a corner shop in west London in 1962. He [...]

The first ever mega event — Expo Pakistan 2005 – being held for five days beginning Wednesday, will prove as a showcase for country’s industrial progress and also provide over 600 foreign dignitaries an opportunity to closely watch the historical and cultural richness of a people which is now transforming into moderate, progressive and dynamic [...]

With its velvety sofas and soft lighting, Pakistan’s first bar looks and feels like it could be in any western city, with prices to match. But instead of glasses of wine or pints of creamy beer, the counter is lined with tubes that dispense a tipple more befitting a good Muslim country: pure oxygen. The [...]

The large-scale manufacturing (LSM) sector has registered a phenomenal growth of 27.81 per cent in November 2004, while the overall LSM indices for first five months of the fiscal have also depicted a robust increase of 15.54 per cent. The period of industrial growth in the country has coincided with a rampant growth in the [...]

The Punjab cabinet has approved the setting up of a world level commercial complex in collaboration with the international investors in Lahore. The complex with a covered area of 12 acres will be the first project of its nature in Pakistan costing Rs 3 billion.

A large number of Saudi businessmen are expected to participate in Expo Pakistan 2005, a mega trade event slated for Feb. 2 to 5 in Karachi. Expo Pakistan 2005 would be the largest ever international commercial event in Pakistan in which five to six hundred exhibitors of Pakistani goods and services will display their full [...]