High 14 oC - Low 7 oC

News for Friday, 25 Nov 2011

With plenty already around, more diseases are yet to follow

Various winter ailments are likely to grip a large amount of people, owing to the dry winter spell. Citizens are already suffering from viral diseases due to the lack of...

NIB’s founder Khawaja Iqbal resigns

Khawaja Iqbal Hassan, President, chief executive and founder of NIB Bank Limited (NIB), has resigned from his post for reasons unknown. “We write to inform you that Mr Khawaja Iqbal Hassan...

Engro undergoes executive level changes

Engro Corporation has made some executive level changes on the helm of its subsidiaries, Engro Powergen Qadirpur Limited, Engro Fertiliser Limited and Engro Polymer and Chemicals Limited (EPCL), the shareholders...

Kyoto pollution curbs may lapse on UN deadlock

Pollution limits in the only treaty curbing greenhouse gases may lapse at the end of next year because of a rift between richer countries and developing ones over how to...

Argentina seeks joint ventures in Pakistan

Tremendous amount of economic, commercial and political activities between Argentina and Pakistan would have to take place for enhancing bilateral trade relation between the business communities of both countries. Ambassador...

Industrialists criticise energy tariff increase

Pakistan Industrial and Traders Association Front (PIAF) and leaders of business community while strongly criticising the proposed 11 to 14 per cent increase in gas and 31 per cent increase...

India-Pakistan reach broad pact on easy business visas

A senior Indian ministry official informed that India has reached an agreement with Pakistan to liberalise visa regime for their business persons. In this regard, a cabinet note is expected...

Industrialists concerned over alarming rise in banks’ NPLs

The trade and industry has shown its utter dismay over the alarming rise in the banks’ non-performing loans (NPLs). In a joint statement, Patron in-Chief Korangi Association of Trade and...

Morocco votes in first election since reforms

Moroccans voted Friday in the country’s first legislative election since the constitution was reformed to give parliament more power, with an Islamist party expected to post strong gains. The election,...

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