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News for Tuesday, 23 Aug 2011

China urges Libya to protect investments

China on Tuesday urged Libya to protect its investments and said their oil trade benefited both countries, after a Libyan rebel warned that Chinese oil companies could lose out after...

Japan renewable energy push clears key hurdle

Japan's lower house of parliament passed a bill on Tuesday to promote investment in solar and other renewable energy sources as politicians took a step toward the prime minister's goal...

Danish government presents $2 b plan to boost economy

The Danish government on Tuesday pledged more than 10 billion kroner ($1.9 billion, 1.3 billion euros) to kick-start the country's economy, as it reportedly prepared to revise down its 2011...

Used Cars import to affect local industry

Relaxations in used vehicles’ import will result in total closure of local auto makers with a job loss of more than 2 million workers in auto and allied engineering industry....

KSE sheds 52 points amid low trading volumes

With MQM calling for a day of mourning on account of the massive bloodshed haunting the port city since last week, local bourse reduced its trading hours till 12:30 pm...

Search marketing

The internet has become fundamental to the economy. Billions of people worldwide use it. Over time, it has grown from an experimental research network and now underpins a range of...

Case for agriculture sector diversification

Agriculture in the country stands at a crossroads. Farmers’ incomes are falling. Holdings are progressively getting smaller. Intensive agriculture is degrading natural resources. The availability of water is decreasing. Selective...

Exploring wind energy as a viable alternative

There has been an enormous increase in global demand for energy in recent years as a result of industrial development, population growth and enhanced lifestyles. Supply of energy is, therefore,...

SECP issues industry-specific cost orders

The Securities and Exchange Commission of Pakistan (SECP) has withdrawn the Companies Cost Accounting Records, General Order 2008 and issued sector-specific special orders for future. The new sector specific special...

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