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‘Ostrich farming has the power to feed the world’
The business has a very profitable future: Sindh Board of Investment.
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Market watch: Profit banking ahead of weekend drags market down
Benchmark KSE-100 index falls 43 points.
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Indian exhibition starts with variety of products
Exhibitors making spot sales attract most of the visitors.
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Reviving the economy
Attempts to revive economy has to begin with macroeconomic, fiscal policy framework explicitly favouring industry.
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LPG firms resume imports as court steps in
New shipments may arrest rising prices of the commodity.
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Breathing space: Government makes small cut in petrol price
Petrol to be cheaper by Rs1.23 per litre, diesel to go up Rs0.36.
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Mining lease case: SC to announce Reko Diq verdict on Jan 7
Concludes case hearings after hearing arguments from all sides
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Friendly neighbourhood: Faisalabad traders to organise fair in India
Three trade delegations will also visit neighbouring country.
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Expanding horizons: Emirates to add two more flights to Peshawar
The airline will operate an additional two frequencies to its present three weekly flights.
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Prices of imported vehicles go up 14%: Local assemblers
PAMADA urges govt to revise import duties in the wake of rupee depreciation.
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PNSC to carry petrol for PSO from March
This will result in savings of $10 million a year.
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Finance leaders consider cost control top priority
ACCA survey reveals customers considered a lower priority than auditors and bankers by most.
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Not so sweet: Utility stores to buy ‘substandard’ Indian sugar
ECC asks USC to lift sweetener that contains ‘sand, foreign particles’.
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Market watch: Small, mid caps lead the way again
Benchmark KSE-100 index rises 38 points.
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LPG price goes up by Rs10 per kg
Prices range between Rs155-225 per kg across the country.
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CNG lobby takes govt to court over cess
High court issues notices to concerned ministries, stakeholders.
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Foreign interest: International lenders take equity stakes in KESC
Power utility confirms receiving $50m from IFC and ADB.
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Dream team: Govt, Railways, private sector to launch freight train
IPDF finalises $320-million plan for countrywide logistical movement.
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No money, no honey: No gas supply to power plants without cash
Petroleum ministry instead prefers fertiliser companies that ‘pay on time’.
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Watchdog growls: Hiring of 3G auction consultants against rules, says NAB
NAB asks PTA to meet procurement rules by December 26.
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One rupee for a cent
In this environment, reducing interest rates did not make sense. It only decreases the incentive to hold rupee assets.
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Demutualisation: Government committed to capital markets, says Zardari
SECP chief hints at floating government debt on stock market to raise additional funds for the government.
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Public Accounts Committee: Losing patience, PAC decides to tell on BoR
CM had ordered an inquiry into the department after corruption allegations.
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‘Will India and Pakistan move on if their economic interests match’
Two-day conference on ‘Stabilising South Asia’ at IoBM ended on Wednesday.
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Pakistan outperforms global indexes on back of foreign participation, say analysts
The benchmark KSE-100 index has climbed 21.8% from 13,801.41 to 16,807.91 during the last six months.
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Tanners ask govt to support industry
Animal smuggling, high interest rates, energy crisis hurt exports.
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Country’s largest refinery ready for production
It will enhance total refining capacity from 12.25 to 18m tons.
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Market watch: Holiday mood results in another jaded day
Benchmark KSE-100 index climbs 11 points.
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Digital marketing: Advertising has to change to keep up with technology
Speakers exhort the increasing impact of handhelds and social media.
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Justifying outages: Power firms undertake ‘fake’ feeder maintenance programme
They act in wake of directives to cut outages to 2 hours a day.
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Breaking fundamental laws: PICT shares beat the market after offer from Philippines
Shares climb 83.3% in two months; analysts sense a second tender offer.
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Exhibition in Pakistan: Indian gems and jewellery exhibitors fail to get clearance
Pakistan denies permission as gold jewellery falls into negative trade list.
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After Shalimar, private company likely to run another train
Karachi Express will now operate on public-private partnership model.
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Alleged favouritism: SSGC awards tender to ‘highest’ bidder
Gas consumers to face additional $50m burden, SSGC denies accusations.
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Economic equilibrium: President assures businessmen of ‘corrective measures’
Zardari seeks business community’s cooperation and support for ensuring continuity of economic policies.
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Rice output rises as farmers shift to hybrid
Variety becoming popular among growers due to high per acre yield.
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Govt allows another 500,000 tons sugar export
Country seeks to generate forex, revenue for mills.
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Pakistan, India: Better trade ties to leave positive effect on S Asia
Indian HC says both sides should go for preferential trade.
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‘Railways has capacity to repair 8 engines monthly’
Projects underway to steer national carrier into profitability.
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Market watch : Despite lacklustre activity, bourse closes in black
Benchmark KSE-100 index climbs 58 points.
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Accord signed: Fauji Foundation invests $251m in wind power
Major financing comes from ADB, IDB and local banks.
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Pakistan can achieve 7-8% growth despite hurdles
What it has to do is to improve regional trade, governance.
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Low pressure gas: Petroleum ministry proposes $6-8 per unit price
Producers can sell gas to buyers other than Sui companies through bidding.
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Facts behind depreciation: Foreign currencies worth $12m funnelled out daily
Dollar is hovering around 100 as the rupee continues to lose its value.
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On the frontline: ECC constitutes panel to resolve gas pricing issue
Law minister accuses petroleum ministry of violating rules of business, says CNG policy is OGRA’s responsibility.
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Low risk, high returns: KSE among best performing bourses in Asia
Karachi bourse jumped 43% to Rs4.2 trillion during the year.
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‘Harsh action taken against anti-competitive practices’
Official highlights measures taken by the CCP in the last three years.
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Chinese AC maker happy with Pakistani market
Gree has been doing ‘extensive business’ locally since a decade.
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Market watch: Interest rate cut fails to excite; bourse witnesses a dull day
Benchmark KSE-100 index falls 44 points.
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Rs200 million credit line for SMEs remains unutilised
Lack of interest from stakeholders deprives SMEs of funds.