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Increased tax revenue target looks ambitious
Reforms being delayed, industry output weak, says SBP.
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Interest rate hike causes fresh worries for businesses
Decline in investment and increase in bad loans feared.
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Unchecked government borrowing: SBP drives up main discount rate to 14%
Provinces advised to implement revised borrowing limits.
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SBP increases interest rate to 14%
The central bank is tightening its monetary stance to curb the deepening fiscal deficit and combat rising inflation.
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Talking business
Politics aside, it’s worth considering some of the arguments presented against the bill.
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Thailand eyes halal trade
And how Pakistan can benefit.
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The week in focus
Pakistan’s investment-to-GDP ratio has dropped for three years in a row.
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The beginning of social networking
Key to entry into the industry lies in targeting the right group of people.
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VoIP is the new telephone exchange
Illegal gateways exploit cheap Internet-based calls.
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Taxation: what it buys us
The government lives up to its end of the bargain better than the public.
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Do we know what makes a good brand communicator?
New technologies have opened up new ways of communicating with consumers.
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The loan write-off saga: myths and realities — II
The reality is that while the SB scheme was well thought-out, some banks did not follow the scheme.
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China rumours send cotton market lower
Reports about the risk of credit card default in China spark panic in the domestic cotton market.
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Pakistani firms to be showcased at London bourse
London Stock Exchange (LSE) is set to host a ‘Pakistan Capital Markets and Privatisation Forum’ on December 10.
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Renewable energy: Tuwairqi signs agreements with Slovenian companies
Sindh government keen to expand hydel projects.
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Innovation: New wheat varieties developed
Centre puts off decision after strong opposition from provincial govt.
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Is the entrepreneur ‘endangered’ in Pakistan?
Business owners at the middle of wealth spectrum find it difficult to raise capital.
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Weekly review: KSE-100 index remains range-bound ahead of monetary policy
Stock market remains range-bound during the week ended November 26.
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Local developers take on antivirus market
Two Pakistani IT students develop program touted as Pakistan’s first antivirus software.
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Flood tax only for six months: Kaira
Information Minister says amount collected will be spent on rehabilitation and reconstruction activities.
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Repatriation of profit rises
Profits sent abroad from communications sector worth most at $45.9 million.
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Is ADB making Pakistan pay for dissenting?
Officials call budget cut a ploy to penalise Pakistan for refusing to accept flood reconstruction reprioritised loans.
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Pakistan Steel announces new sales policy
Buyers will not be subject to anti-corruption probe, says acting CEO Imtiaz Lodhi.
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WAPDA to execute 20 water, power projects
Water availability has gone down to alarming levels.
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RGST: Traders launch protest
All Karachi Tajir Ittehad announces traders will stage protest against imposition of the reformed general sales tax.
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Alternative energy resources being tapped
800 CNG buses to be introduced.
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Pakistan, Afghanistan agree on action plan for joint chamber
Representatives from both country’s chambers of commerce and industry meet.
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Microfinance banks: SBP increases capital requirement
State Bank of Pakistan (SBP) stresses on adequate financial resources.
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Stocks range bound in another sluggish session
Karachi Stock Exchange benchmark 100-share index ends 9.68 points higher at 11,145.02.
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Central bank seen raising policy rate
Higher inflation may pave the way for a hike.
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Exporters unsure about future growth
Surging cotton prices behind record exports in October.
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Tax to push up inflation by less than 1%: ministry
Official study sees inflation a mere 0.63% above the target by end June.
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Nokia: All eyes on developers
The Express Tribune catches up with the Nokia team at Calling All Innovators Pakistan 2010.
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KESC woes: Oil expenses, line losses bear down heavy
Scheduled power outages have been frying electric appliances and people’s nerves for nearly five years.
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Mutual funds industry up in October
Growth largely on the back of open-end mutual funds, valued at Rs187.38 billion during the month.
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Market watch: Another lacklustre day at the bourse
The benchmark 100-share index at the Karachi Stock Exchange (KSE) fell 0.17 per cent, or 19.49 points.
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Five more trusts registered
Workers receiving 12% shares in state-run companies.
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Local exploration and production companies to outperform regional peers
OGDCL’s price run defies expectations, PPL and POL also join the party.
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Energy: Slovenian experts call on Punjab CM
Slovenian delegation calls on CM Punjab, discusses cooperation in energy, solid waste management and infrastructure.
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Forex: Reserves ease to $16.85b
Reserves held by the State Bank of Pakistan (SBP) eased to $13.11 billion from $13.13 billion.
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Food items: Japan to help Pakistan boost exports
JA , most powerful farm lobby having 996 cooperative unions, shows keen interest in Pakistan’s agriculture products.
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Japan considers importing ginger, garlic
Good quality of products attracts Japanese.
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SECP publishes guides for investors
Booklets highlight available investment options.
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‘Accountancy fails to save big companies’
Improvement in audit quality stressed.
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Pak Reinsureance: Employees get units, dividend
About 228 employees received, on an average, 20 units - each unit having 4,000 shares.
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BYCO may acquire Admore
Transaction value could be in the vicinity of Rs4b.
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Engro sells Rs2b worth of certificates
Now exercising green shoe option of another Rs2b.
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Central bank to leave discount rate unchanged: economist
The next monetary policy statement is due to be announced on November 29 for the next two months.
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The implications of economic indicators for businesses
CEO and President Engro Corpporation believes economic indicators carry vital information for marketer about customers
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Sugar prices expected to fall but not significantly despite greater supply
RGST, increase in sugarcane prices the reasons, say millers.