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Study findings: Trade with India will augment national wealth
To capitalise on the opportunity, Pakistan needs to outsmart India.
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Telecom giants: Subscribers rise to 121.6 million
Mobilink maintained the top position with 36.389 million subscribers at the end of October.
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General Electric keen to invest in Pakistan
Fortune 500 company will supply engines to Railways, set up wind farms.
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Anti-competition watchdog: SECP penalises companies for breach of law
Initiates show-cause proceedings against directors, auditors, companies.
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Exploratory investments: Germany eyeing Balochistan Gold and Copper Project
German envoy visits region to learn ground realities before committing.
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Market watch: Politics back in play as market loses ground
Bourse loses gains made earlier in the week.
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Remittances grow 12.5%
Overseas Pakistanis send home $7.1b in July-Dec 2012.
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ECC approves LPG-Air mix at $25 per mmbtu
Induction of mix into gas system likely to cause 9% increase in gas prices.
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Pakistan, Thailand discuss economic, trade relations
Thai deputy PM meets premier Ashraf, foreign minister Khar.
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Commercial, industrial units: Power ministry seeks end to consumer subsidy
Wants to continue subsidy for household, agricultural consumers.
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Market intervention: Govt to release wheat to check rising flour prices
1m tons of staple will be provided to provinces, traders and mills.
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A politically supervised development programme
Largest share of PSDP, 26% has gone to political programmes, like Peoples Works Programmes, discretionary funds.
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UoP launches new website
A quick response team has been formed to maintain order in hostels and would work under the provost office.
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Lights out
Installing meters at ‘free-lunch’ companies and government departments should help power companies recover costs.
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Ministry of Commerce: Trade policy to be announced by end of January
The total trade volume envisaged in the policy is $95 billion, says secretary Ministry of Commerce.
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Senate recommends amendments in Trade Organisation Bill
Commerce secretary informs that all stakeholders have been taken on board.
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Pakistan railways: Public-private services to commence soon
Not a single locomotive had been added to the national carrier’s fleet since 2008, says official.
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‘Pakistan’s economic trends positive’
Finance minister, US envoy discuss issues of mutual concern.
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Percentage-wise, Balochistan trumps others in aspiring entrepreneurs
Report indicates increased activity in the province.
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Market watch: Stocks continue recovery as tensions ease
Subdued political noise helps bourse advance 96 points.
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Pakistan, Iran, Afghanistan to step up business ties
Commerce ministers of the three countries will meet next week.
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Finding a way: Private Iranian firm may lay gas pipeline in Pakistan
Proposal to be discussed in the ECC for final approval.
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Zardari directs ministry to restore power by February
President assures regular power supply to industrial units.
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ECC likely to incentivise export of sugar in meeting today
Commerce ministry wants excise duty to be slashed from 8% to 0.5%.
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(Mis)managing the national grid: Govt paid Rs82b to IPPs in penalties for late payments
Auditor General reveals massive inefficiencies in governance and management.
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Apple tailoring cheaper iPhone model: Reports
Sources say an iPhone model made with less expensive parts would be rolled out in second half of this year.
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Gas crisis: 750 mmcfd to be added by June
According to sources, the estimated domestic gas shortage reached 1.6 billion cubic feet (bcf) per day.
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Expression of interest: Iran to invest in Karachi’s public transport system
Syed says the BRT system is necessary in the city to meet the challenges of an ever-increasing urban population.
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Hazara Division: SNGPL stops gas supply to industry, CNG stations
Severe cold brings gas pressure down to zero in main pipelines.
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Nishat Chunian to invest $1m in US
Company to set up a subsidiary to market, sell textile products.
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Women Leaders Summit to highlight success stories
Conference on 29th will help women get through hurdles that restrict growth.
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With new faces, Wateen to revamp WiMAX business
Internal restructuring, corporate revamping form part of new strategy.
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Market watch: Stocks regain ground as political tensions ease
Investors buy back into market in across-the-board rally.
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Pakistan Railways runs up billion rupee diesel bill
Owes PSO nearly Rs996 million for purchases made on credit.
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Business scams: SECP suggests formation of anti-fraud authority
Key institutions agree on need for developing a national strategy.
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Renewable energy: German firm to set up first solar panel plant in Pakistan
CAE to invest €100 million for a new plant in Faisalabad.
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LNG import project: International parties stay away from bidding process
Sources say the timing of bidding activity prevented participation.
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Energy crisis: Govt’s non-serious attitude responsible for capital flight
Every year growth of about 10% in power generation is mandatory for the GDP to grow 6% annually, FCCI President.
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Operators given a peek at biometric solutions
To be deployed at service centres to validate customers’ identity in real-time.
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Protests against gas shortage today
CNG station operators will hold rallies in big cities.
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Central bank outlines 10-point strategy
Plan focuses on growth of financial system in the country.
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Cotton target missed by 1.3m bales
Irregular supply of water blamed for smaller crop.
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Market watch: Stocks lower as politics rears its head
Investors stick to sidelines as fears of turbulence overtake optimism.
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With unfettered profiteering, flour prices shoot up
Food dept officials supplying more wheat than fixed quota; govt denies.
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Officials say IMF visit could precede another bailout
Say govt looking for new loan deal to avoid crisis-like situation.
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Passing the buck: Petroleum ministry wants monthly revision of gas tariffs
Proposal to shift from six-monthly to monthly price revision comes after plans to inject LPG-Air mix into the system.
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Tax break: Parliament defied as FBR withdraws manufacturing tax
This tax on sales was expected to give revenues of Rs15 billion.
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Reviving railways: ‘No plans to lease engines from India’
Official says 117 locomotives repaired in one year to improve performance.
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Whither to?: What is the textile sector looking forward to in the coming year?
Industry remains as lackadaisical as ever about value addition.
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Where’s the limit?: Will the KSE break the 20,000 barrier in 2013?
Analysts are reluctant to say yes, but provide broad hints suggesting it might come close.