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Spinning ahead: Nishat Mills books Rs3.85b profit
Earnings spur company’s plans for diversification and expansion.
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Engro makes strong comeback
Posts after tax profit of Rs8.18b, up 529% YoY.
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Bottling up: Commission of experts calls for suspension of capacity tax
Says market share of beverage makers must be taken into account.
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Bid-losing: Austrian firm still trying to win Tarbela dam
Company working to win the green signal for fifth extension hydropower project.
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Gwadar Port: Pakistan, China all set to develop master plan
Both countries will meet to discuss proposed $12b investment in economic corridor.
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Market watch: Market ends week on dim note
Benchmark KSE-100 index falls 147.13 points.
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Corruption within: FBR fails to take decision on policing powers
HR management seeks to take on the task, but lacks necessary expertise.
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Made in India: Indian show makes presence felt in Lahore
Business bodies on both sides laud opening of trade.
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Capacity tax: Beverage companies differ with govt over modalities to meet revenue targets
Companies re-affirmed commitment to increasing net tax payments by 25%.
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Turkish company agrees to build 660MW power plant in Gaddani
The Ciner Group agreed to immediately start work on building a power plant in Turkey.
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Wapda awards $312 million contract for Tarbela 4th Extension Hydropower Project
Terbela 4th Extension will increase generation capacity of Tarbela Hydel Power Station from 3,478 MW to 4,888 MW.
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Prevention of Electronic Crime bill 2014 almost ready: Anusha Rahman
The minister directed to upload the draft on Ministry’s official website for public information.
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Development projects: Japan offers $328,619 to three NGOs
The grant to PWS will be utilised for the construction of a primary school in District Layyah.
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NIT announces results
NI(U)T Fund turns around, earns Rs2.8 billion.
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NDMA status to India will hurt Pakistani farmers
Indian agriculture heavily subsidised, lament farmer groups.
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Market watch: Late profit-taking pushes index in red
Benchmark KSE-100 index falls 136 points.
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Bursting the bubble: Cadbury pulls off a Willy Wonka move with ‘Bubbly’
Shortage due to high demand not supply chain, says Mondelez International.
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Gas controversy: LNG terminal bid more than fair, says Engro official
Haque says bid won through competitiveness.
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New player: Primus Investment Management has now grown like no other, says CEO
Company’s AUM surpasses many after just one-and-a-half years.
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Reserves will go past $10b by March end, govt plans
Finance ministry puts faith on success of upcoming Euro-bonds.
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Tackling manipulation: Govt officials scupper plans to empower oil regulator
Oppose amendments to ordinance that allows OGRA to slap fines on OMCs.
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Sigh of relief: Power companies escape turnover tax again
ECC exempts distribution companies from 1% tax for one more year.
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ECC wants fresh business, fleet expansion plans from aviation division
The ECC was informed that so far 865 decisions had been compiled which come to 89% implementation status.
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Promoting trade: ‘Pakistan-Italy trade relations booming’
A second business delegation, led by Italian members of the parliament, will be visiting Pakistan in April.
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Taxing business: Knitwear, garment exporters make appeal
Under the pressure of influential millers, the sales tax was reduced from 15-17% to 2 %, said Shahzad Azam Khan.
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Farmers go for tunnel technology to improve productivity
This method allows off-season crop production, gives handsome return.
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DG Khan Cement’s earnings increase
Other income results in better than expected performance.
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Trade gap widens 19% on weak export growth
Deficit stands at $2.1 billion in January after just 2% rise in exports.
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Lifeline project: ECNEC puts off decision on Dasu Dam, seeks cost revision
Directs water and power ministry to rationalise exorbitantly higher cost.
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Market watch: Buoyed by positive news, bourse rebounds
Benchmark KSE-100 index jumps 436 points.
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Indian delegation’s visit proving fruitful
Expresses surprise at infrastructure development in Pakistan.
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Islamic banking: MCB sets sights on Burj Bank
Acquisition will help increase footprint in Shariah-compliant banking, says analyst.
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Near-agreement: Pakistan, Qatar likely to finalise LNG price
Petroleum minister to lead delegation during talks in Doha next week.
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ADB to lend $900m for power generation
2 new super-critical coal-fired power generation units will be constructed with a capacity of 600MW each.
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LPG price jacked up by Rs5 per kg without OGRA notification
Association's chairman Irfan Khokhar describes price rise as illegal, says govt should take notice.
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Moving forward: EDF approves funds for different projects
The meeting was chaired by Federal Minister for Commerce Khurram Dastgir.
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Bilateral ties: Indian businessmen meet Pakistani SME owners
They are preparing a study to identify sector-specific hurdles to trade.
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Try to keep up: Ministry to promote chip design, manufacturing
To help country achieve turnover of $10m annually by 2018.
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MCB Bank’s profit rises 4% in ‘tough year’
ABL earnings soar 26% on back of higher interest income.
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Market watch: Stocks slip as investors stay cautious
Benchmark KSE-100 index falls 14 points.
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Car sales rev up in new year
Sales for January jump 57% as new models enter market.
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Competitive pricing: Rice exporters gear up to capture Indian share
As price of Indian rice rises, Pakistan looks set to regain edge in world market.
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Country repays $147 million to IMF
Has returned $5.66 billion so far under standby facility.
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Worker remittances rise 10% in July-January
Country receives $9b from overseas.
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CASA-1000 project: Pakistan, Central Asia to discuss power price
Delegation leaving today for dialogue with stakeholders in Washington.
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US releases second tranche of coalition support fund worth $352m
US releases $352 million of $1.4 billion coalition support fund (CSF) to pakistan.
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Pakistan, ADB to sign $900m agreement for Jamshoro power project
Nawaz appreciates ADB support to the tune of $1 billion for energy projects and state owned enterprise reforms.
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Energy woes: Govt to go ahead with Discos sell-off plan
CCI takes decision after provinces refuse to take ownership; approves ‘diagnostic analysis’ of NEPRA.
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Popular verdict: PHC’s detailed order terms NEPRA’s fuel levy ‘discriminatory’
The 71-page judgment provides ways for repaying consumers in K-P.
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Line extension: Pakistan looks for $10 billion oil credit facility
Asks Saudi Arabia, Kuwait to extend the timeframe for deferred payments.

















































