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Time is up: Government to wipe out CNG sector gradually
Issuing or renewing licences to be banned for gas stations.
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Mergers and acquisitions: Lucky Cement led group buys ICI Pakistan for $152m
AkzoNobel completes de-merger chemicals business of the colonial-era multinational, will keep paints business.
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Trade and sound economic policy can promote peace
It has generally been argued that war with a trading ally is economic suicide.
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Fuel and lighting: High prices, consumerism eat up more of people’s incomes
Household spending on this category surges 178% in a decade.
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Real estate: The Pakistani housing and accommodation market
Economists say the real estate market dances to its own tune.
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Savings: As Pakistanis earn more, households can afford to save less
Financial sector firms offer a wider array of products to customers with more money to invest.
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Food and clothing: Prices keep rising, but consumption rises faster
Pakistanis are eating more food and buying more clothes, and not caring about inflation.
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Income disparity: The very uneven rise in Pakistani incomes
How the urban middle class has continued to prosper, even as the rural poor sink further.
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Energy project: Turkmenistan seeks investors for TAPI gas pipeline
The energy-rich state plans to sell the project to international oil and gas majors in autumn.
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Hydel Power: Chinese team to visit on Aug 10
120 megawatt (MW) hydel power project to be set up at Taunsa Barrage.
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Constant Stimulus: ‘Printing currency not the answer’
Pakistan has printed new currency notes worth Rs592 billion during June 2011 to July 2012.
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Rice exporters asked to tap potential markets
Condition for the exporter to be a member of REAP to be abolished.
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Cotton export orders in jeopardy
TDAP fails to register raw cotton export contracts.
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DHL wins ‘best place to work’ award
Nine out of 10 employees show commitment to company.
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FPCCI against trade agreement with UAE
FTA will ruin local industry with foreign, cheap products: Sherani.
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Almost there: Etisalat to pay $100m less in PTCL row, says official
Pakistan and UAE negotiate a new settlement deal
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Weekly Review: Activity dwindles with the onset of Ramazan
Company-specific news flows dominated the week.
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Party Favours: Export processing zone appointments challenged
Petitioner challenges new appointments, terms them political, and alleges they are getting benefits beyond EPZ rules.
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Tender awarded for 50,000 tons urea import
Trading Corporation purchases fertiliser at $419 per ton.
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Govt assures support for ‘water for fuel’ project
Water fuelling system to be patented and fully developed.
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Reducing circular debt: TFC issue delayed as law ministry yet to vet guarantees
Finance ministry presses for immediate examination of bank guarantees.
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OGDC directed to initiate independent development schemes
NA body asks the company to avoid duplication of expenditures.
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Market watch: Bourse closes dull weak little changed
Benchmark KSE-100 index sheds 27 points.
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Nepra notifies increase in power tariff for Karachi
KESC to charge Rs2.7 per unit more in August and September bills.
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Pakistan Railways unlikely to be revived soon
Modern locomotives will take at least a year to arrive.
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Early pay-day: Pakistani sells web start-up for Rs9.5 million
Humour website Gagism was developed by Zafar for fear of being laid off.
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Caught in the act: Govt may constitute panel to revisit poverty calculations
Current figures depict a decline in poverty, contrary to ground realities.
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Bailout: Steel Mills turnaround a big challenge, says PM
Says making PSM profitable is a daunting task for the new management.
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Competition Commission takes issue with ICAP notification
Says barring non-ICAP students from ICAP member firms uncompetitive.
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Irrigation projects top priority
Satisfying country’s power and water needs are the prime objectives.
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Mansur elected head of finance panel
Vows to improve business environment, eliminate smuggling.
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Punjab revenue body starts functioning
It will collect sales tax from 14 sectors, 20% increase likely.
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Market watch: Investors display fatigue as Ramazan progresses
Benchmark KSE-100 index pares 11 points.
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136 ghost employees on SSGC payroll
Transfer of employees to SNGPL is underway: Managing Director.
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PSO dues: Power ministry asks for release of Rs45 billion
PSO needs money to pay immediately to fuel suppliers.
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Engro Fertilizers requests extension of loan deadline
Local giant hopes to replace SNGPL network with non-network gas fields.
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Change in strategy: After a decade, Pizza Hut eats up ‘all you can eat’ deal
The country’s largest pizza food chain aims to increase its target market.
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Better Indo-Pak trade ties remain as elusive as ever
As New Delhi drags its feet, Foreign Office places moratorium on further efforts.
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India seen holding back on reform; politics, poor monsoon to blame
Singh will hold off on anticipated reforms because of renewed opposition from party colleagues, coalition allies.
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Power crisis: PM rejects plan to increase outages for industrial sector
Forms load management committee to ensure equitable supply of electricity.
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‘IT to soon contribute significantly to economy’
NetSol CEO believes sector has reached maturity, needs five more years.
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Fertiliser plants on SNGPL network face Rs5.5b losses
Total urea sales have declined 52%; production down 33%.
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USAID to assist in production of dates
Pakistan missing out on its potential; exports 18% of total produce.
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Govt plans changes to key FBR posts
Move comes after NAB probe into tax relief for telecom firms.
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Corporate results: Fauji Fertilizer Company makes Rs10b in six months
Manufacturer decides not to buy 10% stake in Agritech.
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Market watch: Bourse gains as Fauji Fertilizer result sets mood
Benchmark KSE-100 index climbs 53 points.
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LNG supply: US energy giant helps Pakistan, Qatar reach deal
Ministry officials went to Dubai and London for talks with ConocoPhillips.
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Collusive activities: Medical centres slapped with Rs450m fine
Centres fixed uniform fee, divided market for medical tests of workers going abroad.
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Kashf Foundation announces partnership with global website Kiva
Association will provide loans to female entrepreneurs of low income households.
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For man who drafted Pakistan’s first IT policy, an honorary degree
Dr Zaidi was awarded the Sitara-i-Imtiaz in 2007.

















































