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News for Tuesday, 24 Apr 2012

PMEX announces listing of 10oz gold futures contract

Pakistan Mercantile Exchange Limited (PMEX) has announced the listing of the gold 10 ounces futures contract this week. Trading in the newly-inducted contract started right after the listing. PMEX has currently...

LCCI lauds the three musketeers

Izhar Construction, Phrma Health Pakistan and Model Steel earned laurels for the country by winning prestigious Muslim Excellence & Competitiveness Corporations’ Award (MECCAward) at a prestigious ceremony held in Istanbul....

Historical relations: Check Religious commonality: Check Economic ties: Err…

Pakistan and Libya need to improve their commercial and economic relations to promote bilateral trade and investment by taking advantage of new business opportunities. This was stated by the Head of...

ACCA comes up with the strategy for growth

Every year, ACCA Pakistan submits its budget proposals to the Federal Board of Revenue (FBR) and the theme for the budget proposals 2012-13 is strategy for growth. ACCA Pakistan’s budget...

MCB’s making money alright!

Board of Directors of the MCB met Tuesday under the chairmanship of Mian Mohammad Mansha to review the bank’s performance and approve the financial statements for the first quarter that...

ECB to take all necessary measures for prices: Noyer

Europe’s central bank will take “all necessary measures” to stabilise prices, and banks and governments should see its recent exceptional measures as a “window of opportunity” to make improvements, ECB...

On yer bike, mate!

The federal government has decided to open motorcycle manufacturing after a long protection of four decades as the Cabinet Committee on Investment (CCOI) has directed the Ministry of Commerce (MoC)...

Not so out-of-the-box solutions

The president does have a calming effect of sorts about him. Be it addressing media frenzy about a (possible) flight to safety, or soothing upset business lobbies, his presence cannot...

Deconstructing inflation

An exhaustive analysis of inflationary trends in Pakistan interestingly reveals that ex-factory prices of cement per bag have not increased in proportion to other construction industry inputs in the last...

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