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Eid holidays: Long break hits industrial activities
Many workers had taken leave for the whole week from Monday to Saturday, which would harm activities.
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Information technology: Ministry focuses on development of ICT Parks
Aims to bring and promote world-class technology.
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Boosting supplies: Conference explores options to meet energy needs
Adviser to PM identifies major challenges to improve power production.
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Tuwairqi Steel: ECC withholds decision on gas supply at a discount
Forms committee that will come up with recommendations by the 15th
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Small enterprises: Private sector asked to join hands with SMEDA
UNISAME hopes to eradicate weaknesses in the SME sector.
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Worldwide: Android grabs 85% of smartphone market, claims survey
Operating system threatens to marginalise rival platforms.
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Unfair competition: Pakistan’s top taxpayers fight to save business
Local products losing market to cheaper Chinese goods under cover of free trade, says Ibrahim Fibres CEO.
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PIA bidding: Financial advisers to get Rs456.8 million in fee
Dubai Islamic Bank-led consortium makes the lowest offer among all bidders.
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July’s first half: Money supply contracts as govt borrowings fall
Govt borrows only Rs12.5 billion from central bank as opposed to Rs156.3 billion in first 18 days of last fiscal year.
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Talks to retrieve $200b from Swiss banks to be held in August: Dar
Talks will be held in several phases; will take 3-4 years to bring money back, says finance minister
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Petroleum, diesel prices unchanged
Petroleum, diesel prices unchanged.
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UK temporarily bans PIA's cargo service, forces airline to suspend EU deliveries
As per the EU protocol the assessment of the British officials will be accepted by all the members of European Union.
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Mango nurseries: Punjab department provides guidelines
The Punjab agriculture department stated that July to August is the best period for mango nursery growth.
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Let expats run the sick units, FPCCI suggests government
Says incentives, soft terms and lower mark-up should be offered to investors.
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Real estate sector: Need for regulatory authority and awareness
Zameen.com CEO says steps will help streamline foreign investment.
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Market watch: Caution prevails as holidays kick in
Benchmark KSE-100 index drops 160.68 points.
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Corporate results: Meezan Bank records 16.5% growth in profit
Earnings per share of the bank increased to Rs2.25 in contrast with Rs1.93 at the end of June 2013.
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Corporate results: Exide Pakistan doubles quarterly earnings
Income rises on back of improved margins.
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Corporate results: Fatima Fertilizer announces Rs3.4b profit
Growth in earnings on account of increase in prices.
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Foreign portfolio investment surpasses previous record
Reaches $6 billion; foreigners now hold 34% of free-float.
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Falling short: Challenges mount as tax target missed in first month
FBR could collect Rs130b against July’s target of Rs137b.
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Gas for power plant: Ministry of Industries refuses to give its backing
Prefers to supply gas to fertiliser plants to stave off import and subsidy costs.
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Eid gift: Govt decides to reduce petroleum prices
The prices of Petrol, HOBC and High Speed Diesel are to remain same.
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Unnecessary litigation scaring foreign investors
Corporate courts need to be set up to deal with cases .
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Pakistan defies economics in govt-growth relationship
Cut in government’s size does not lead to increase in economic growth in country.
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Textile printing: Female entrepreneur finds place in shrinking market
Nehal gradually builds her manual block-printing business with own resources.
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Biscuit manufacturers: EBM’s story and the journey that lies ahead
Founder’s daughter looks to carry on legacy, relishes competition challenge.
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Fault of the regulators: Pakistan failed where Bangladesh didn’t
Comparison shows how and why they moved ahead at greater pace.
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PIA flying with three 'outdated' jumbo jets
PIA interested in acquiring five ATRs for indigenous routes
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Karachi in darkness: KCCI concerned over prolonged power outages
Blames K-Electric for not utilising thermal power plants.
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Engro Polymer and Chemicals: ‘Power crisis, economic instability hurting us’
CEO Subhani says tax exemption required to pay off company’s debts.
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Media talk: PIA inducts another aircraft, looks to bolster fleet further
Employees’ salaries not a reason for losses, says PIA chairman.
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Currency rate not discussed with IMF: State Bank
Central bank says exchange rate assumptions have no economic relevance.
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A new path: Wateen Telecom appoints new CEO
Tiwana replaces Zamindar, brings over 19 years of industry experience.
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Data can be extracted from Apple iPhones, researcher finds
Company denies creating ‘back doors’ for intelligence agencies.
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Beats sued over ‘noise-cancelling’ headphones
Veteran company Bose Corporation wants to protect its patented technology.
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Weekly review: Index sustains upward momentum to hit record high
Foreign buying continued unabated while volumes improved 32 per cent.
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Investment banks: SECP wants entities to use full names
The use of abridged name can incorrectly portray them as commercial banks in eyes of the general public.
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Taxing matters: Mamnoon asks tax ombudsman to step up
President calls for innovative approach to ensure justice to taxpayers.
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Poultry sector is spreading its wings
Industry pleased with growth; laments govt interference in price determination.
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Over Rs400m scam uncovered in AJK hydropower project
Official accused of easing rules to award contract to selected company.
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The telecom race: Huawei signs tablet deal with Inovi Technologies
Chinese giant has witnessed rapid growth in recent months.
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Used vehicles: SBP’s age-limit relaxation to generate economic activity
Analysts believe decision will help masses get cheaper cars.
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Central bank issues fresh notes worth Rs157b for Eid
Help desk established for public complaints.
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Shariah compliant: EFU insurance moves onto Takaful business
Board of directors approve changes in memorandum of association.
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First phase: Only 17,000 tax evaders file returns
They were among over 120,000 who got notices from the FBR.
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Another mobile paisa facility launched
Warid latest to join the branchless banking bandwagon.
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Future projection: IMF sees 13% depreciation of Pakistani rupee
Average exchange rate for the current fiscal year is being worked out at Rs111.4 to a dollar.
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Forex: Reserves drop a nominal 0.9%
The central bank’s foreign exchange reserves decreased $87 million to $9,399 million.
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Automobile corruption: Stop abusing import policies, says PAAPAM
Officials, traders using personal baggage schemes for commercial gains.
















































