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Parking facilities: Saudi-German venture ‘will win contract’
LPC committee to approve award after one more presentation, says chairman.
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Textile sector: Indus Dyeing posts profits on stable cotton prices
The net profit of the company jumped to Rs577 million or per share earnings of Rs31.9.
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Senate proceedings: Govt unveils plan to cut dependence on loans
Three-pronged strategy aims at improving resource position.
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Revival: Measures discussed to jump-start textile industry
Federal secretary assures quick disbursement of export refund claims.
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Market watch: Stock market stumbles on depressing inflation news
Benchmark KSE-100 index falls 126 points.
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Exporters face tough time in keeping their share in world market
Company invests in new and more efficient Basmati strain.
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State Bank launches livestock insurance scheme
It will safeguard interest of farmers in case of death of animals.
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Islamic insurance rules: Takaful firms to withdraw petition against SECP
Conventional insurance firms to be able to run Shariah-compliant business.
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Inflation hits highest level in 16 months
CPI rises 9.1% in Oct due to increase in utility, essential goods’ prices.
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Transnational project: Chevron, ExxonMobil keen on running TAPI pipeline
ADB to act as transaction adviser to help generate financing of over $7.5b.
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Rate revision: Petrol price ‘slashed’ by nearly half a rupee
Govt cuts price to adjust a reduction in rate of petroleum levy.
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Joint action: Pakistan and Russia to join forces for energy projects
Port Qasim, Gadani and Neelam Jhelum highlighted as prospective hydro power projects where Russia could participate.
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Housing projects: Real estate sector sees potential recovery
With law and order slightly better, builders return to Karachi.
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Renewable energy: Project managers asked to seek insurance cover
Lenders unlikely to sponsor projects that have no cradle-to-grave cover.
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Wheat output may rise 25% with bed planting
Six bed planters distributed among farmers to create awareness.
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DG Khan Cement plans expansion drive in country
Company is also searching for a joint venture in Africa.
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Averting crisis: CNG industry turns to LNG to run filling stations
Asks government to either provide or allow it to import LNG.
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The rigmarole: Filing income tax returns...but how?
Complex forms and filing methods discourage first time taxpayers.
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Market watch: Stocks bullish as market recalibrates to foreign investment
Benchmark KSE-100 index rises 465 points.
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Tax collection: FBR misses target for fourth successive month
This comes as govt back-pedals on key tax policy measures.
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Despite Iran’s pessimism, Pakistan says 'no chance' gas pipeline to be dropped
Minister for Petroleum and foreign office spokesperson say Pakistan is committed to all options on gas.
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Global Prosperity Index: Pakistan ranked 132 of 142 countries
Pakistan at the bottom of countries ranked for economy, education, governance, health, personal freedom.
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Global fluctuation: Price of petrol likely to go down
Cost of other oil products are expected to increase according to an Ogra summary.
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Quarterly review: IMF notes progress on achieving targets
IMF mission, government representatives discuss course of action for complying with EFF performance indicators.
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Load-shedding: FCCI warns against gas supply cuts
Industrial capacity likely to suffer further if deprived of gas.
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Expo: IEEP Fair 2013 underway
Forum for electrical and engineering industry players.
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Home ownership: Builders suggest subsidised house financing, stricter laws
Pakistan’s mortgage-to-GDP ratio is lowest in the region.
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Corporate results: Higher financial income leads Fauji Fertilizer to growth in profits
Investors surprised with higher cash payout; stock rises.
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Corporate results: Atlas Honda records 22% profit growth
Better sales, reduced financial cost prop up earnings.
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Corporate results: Pak Suzuki posts lower than expected results
Company sales hit by higher costs and depreciating rupee.
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Market watch: Stock market ends higher after volatile session
Benchmark KSE-100 index rises 33.94 points.
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Supporting the poor: PPAF launches €10 million renewable energy project
Rural population to get access to clean energy, conserving firewood and oil.
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Questionable strategy: US report finds holes in Jamshoro plant funding
Office of US Inspector General says the plant will remain unfeasible .
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At stake: LNG services tender faces an uncertain fate
Parent company of Chinese bidder blacklisted by World Bank.
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Iran minister says Pakistan gas contract probably dead
Until now Iranian officials have insisted that the project to supply Islamabad will be completed.
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FBR in doldrums: Plan to catch tax evaders falters
Drastic drop seen in tax evasion notices; FBR yet to draft rules to access bank accounts.
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PIA seeks help of former executives on turnaround
Committee also reviewed cash flow and ticketing along with reservation systems after feedback from departments.
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Advanced research: Mango value addition for export urged
Two academics want modern techniques deployed to prevent fruit from rotting.
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Devolved under 18th Amend: Provinces ‘lack capacity’ to handle maritime functions
Expert urges govt to implement national maritime policy quickly.
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Corporate results: Nishat Mills profits grow by 48%
Profit stands at Rs1.57b in first quarter of fiscal year 2014.
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Corporate results: Three Dewan Group companies lock in profit
Cement, textile units make profits, fibre unit records loss.
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Corporate results: Lucky Cement makes profit of Rs2.5b in 1st quarter
Better sales value, lower financial cost aid earnings.
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Corporate results: PPL profits jump as rupee depreciates
Company shows impressive growth post circular debt clearance.
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Corporate results: KESC posts Rs1.7 billion profit
Earnings fall because of lesser deferred tax benefit.
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Corporate results: Engro Corp turns in stellar performance
Fertiliser business gives boost to the conglomerate’s profit.
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Market watch: Stock market treads with caution as IMF talks continue
Benchmark KSE-100 index falls 76 points.
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Hospitality industry: Avari Hotels set to expand
Company management highlights growth strategy in saturated market.
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Selected CNG stations: Punjab seeks exemption from gas holidays
Says these outlets cater to needs of passenger buses.
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Ease of doing business: Pakistan’s ranking slips to 110th place
Country performs poorly on eight out of ten indicators.
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Britain aims to become Islamic finance hub with new index on London Stock Exchange
UK premier David Cameron says London to stand alongside Dubai, Kuala Lumpur as one of the capitals of Islamic Finance.

















































