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Acquisition: Engro Fertilizers to buy commodity trading business for Rs4.4b
Objective of the purchase is to increase revenues and earnings.
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Auto industry: New policy to bring sharp duty reduction
Import duty will be cut by around 22-40% on car parts.
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Raising finance: Govt gives green light to Arif Habib Group
Group will raise $300 million from international debt markets for investment in US fertiliser plant.
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Swiss prosecutor searches HSBC premises, opens criminal inquiry
HSBC apologises for past practices at its Swiss private bank following allegations that it helped clients dodge taxes
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Energy rates: Power tariffs could go down by 28%
Nepra holds off decision because CPPA forgot to include costs
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Youth-focused: K-P plans IT conference in May
The Digital Youth Summit 2015 in May
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Auto industry: Govt takes notice of price hike, slow delivery
Brings issue to the knowledge of Competition Commission.
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SIM verification: Telecom operators run ahead of schedule
Cross half of 103m SIM target in one month.
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HBL profit rises 38% in 2014
Declares final cash dividend of Rs5.5 per share, cumulative payout at Rs12.
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Corporate results: DG Khan Cement posts strong profit, up 27%
Net income rises to Rs3.39b compared to Rs2.67b in previous year
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Market watch: Bourse experiences lacklustre activity, closes with slight gain
Benchmark KSE-100 index edges up 4.66 points.
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First-quarter report: SBP explains challenges faced by economy
Says key macroeconomic indicators could not follow up positive developments.
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Controversy: Cabinet secretary takes over as OGRA acting chairman
Court issues notice to govt for sending regulator’s chairman on forced leave.
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2014-15: FDI records 1.4% decrease in first seven months
Pharmaceutical sector shows the largest net outflow of $46.6 million.
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Bilateral ties: Pakistan, Turkey to boost trade to $10 billion
Will follow Malaysian FTA as a model to conclude talks early.
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Tobacco growers: Dastgir promises to resolve issues
The farmers criticised the administration of tobacco board for not meeting the federal minister
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Leather industry: Pakistan lags behind regional players
Despite strength in apparel, country’s share in footwear has been negligible.
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Wheat procurement target to be set for 2015-16
Provincial authorities, departments to attend meeting of review committee.
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Divestment: BHP agrees to sell gas business
The transaction is subject to regulatory approval and is expected to close in the fourth quarter of 2015
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Bilateral trade: Japan to continue support despite hurdles
Poor law and order situation, high taxes keeping investors and buyers away.
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Corporate results: Hubco earnings up 62%
Earnings per share increased from Rs2.88 in 1HFY14 to Rs4.67 in 1HFY15
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Corporate results: Fauji Cement records Rs1.67b profit in 1HFY15
Growth resulted from high primary margins, low finance cost
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Market watch: Stocks begin week with some decline
Benchmark KSE-100 index falls 146 points.
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Gas policy guidelines: OGRA seeks law ministry’s views on extra collection
Regulator reluctant to pass on Rs49b burden to consumers.
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Share purchase: Ismail Industries eyes 24.5% stake in Bank of Khyber
Leading confectionery manufacturer desires to take management control in three years.
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Dar urges strict action against insider trading
Says market and price manipulation has hit investor interest.
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In breach: Financials reveal FBR’s ‘compensation’ to banks
Four banks receive Rs12b of taxpayer money due to advances given to tax bureau
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New avenues: Gwadar port to be operational by mid-April
Official says first commercial ship to dock at the port in April; land acquired for establishing free-trade zones
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Special report: Drug policy
Though the industry is mostly satisfied with what has emerged, some still argue that more changes are needed
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Stock investment: Traders create false demand to influence market behaviour
Place huge orders for shares, delete them within seconds in electronic system.
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Breakthrough: Financial sector joins growing online retail market
Ecommerce records high sales and traffic volumes since the launch of 3G technology
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Garment industry: A $25b reason to fight militancy
Failure to stem the tide of militancy the most decisive reason behind fall in exports
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No silver bullet
Chiniot’s iron ore reserves are a happy discovery, welcome development, but hardly a panacea for all our economic woes
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Mad cow case detected in Canada: Food agency
Veterinary officials say the infected cow was diagnosed before being slaughtered for consumption
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Public procurement: CCP to come up with recommendations
The hearing will be held on February 17.
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UNIDO to focus on SMEs for sustainable development
During his first visit in 12 years, DG UNIDO discusses strategies to support projects.
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Local vs imported: LPG association demands cut in producer prices
Calls for appointment of OGRA members to pave the way for new licences.
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Tajikistan to export hydel energy to Pakistan
Envoy expresses interest in buying sports and surgical goods
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Where to invest? Majority prefer investment in real estate, but laws absent
Zameen.com survey reveals 78% of Pakistanis go for property investment
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Assistance required: Finance ministry may resist new bailout package
PSM seeks another Rs12.6b to pay salaries and repair plants
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PSM financial adviser: Sole consortium fails technical evaluation
Disqualification would further delay privatisation by six months.
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Weekly review: KSE rally comes to an end as index drops 713 points
Foreign selling and profit-taking the main reasons behind the sharp decline
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Clean technology: UNIDO partners with NUST
MOU will be signed to initiate the process for strategic partnership with Nust in the areas of clean energy
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Mandarin festival: Kinnow research institute planned
96% of kinnows are produced in Sargodha, claims Parliamentary secretary
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Gas shortage: SSGC faces 40mmcfd shortfall
Gas supply to all CNG stations in Sindh remained discontinued on Friday
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SITE businesses protest to ‘save industry’
Association chief says low pressure halts production.
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Construction: Thatta Cement profit rises 51%
Earnings per share improved to Rs1.34 compared to EPS of Rs0.89 in the same period of previous yea
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Gender equality: US envoy launches women’s entrepreneurial centre
Programme aims to maximise public-private partnerships.
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Market watch: Stocks end losing streak with support from oil firms
Benchmark KSE-100 index rises 156 points.
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Alternative energy: NEPRA sets upfront tariff for coal-fired power plants
Under new regime, tariff is determined within 10 days of filing an application.

















































