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Neelum Jhelum project: Funding up to $1b from China, UAE in jeopardy
Abu Dhabi, Beijing link loans with Etisalat dispute resolution, Safe City project approval.
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New steel plant to start production from January
Tuwairqi Steel to use latest ‘direct reduced iron’ technology.
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An offer you cannot refuse: Iran offers crude supply on deferred payment
Tehran may enhance supply if deal goes through; US pressure may sabotage proposal.
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K-P farmers not to cultivate tobacco next year
Differences over calculation of production cost deepen.
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A user’s guide to consumer financing
Loans are part of life and can be utilised efficiently.
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Global central bankers in the spotlight
A picture of how central banks manage money supply.
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Responsible innovation in the financial sector
Let us learn from the global financial crisis to tweak new instruments.
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Jewellery trade: Top Indian business to set up franchise in Pakistan
Pakistan’s jewellers also target India market with cheaper products.
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Islamic financial system shows inherent resistance to global crises
It might not offer better returns but it does offer greater security.
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Dispute Resolutions: World Bank-backed mediation centre starts operations
The mediation centre has been established to help private sector companies to resolve disputes quickly and easily.
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United Arab Shipping joins the frontline as other shipping companies retreat
UASC sets up Pakistani subsidiary and launches direct service from Karachi.
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Intel stresses critical need for broadband growth to revive economy
Country manager says high tax impedes growth of PC sales.
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‘MFN status can boost Indo-Pak trade to $6b’
Indian exporters to visit Pakistan soon to participate in India Expo.
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Fixing the clockwork: Tax bureau’s database to face audit by World Bank
A report on tax affairs of parliamentarians has spurred doubts on security issues in database system.
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Weekly review: KSE remains range-bound in anticipation of interest rate cut
Volumes drop 43% as investors choose a wait-and-see approach.
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Circular debt: Probe begins against state-owned oil, gas firms
Petroleum ministry investigates companies suspected to be in breach of fuel supply contract to power sector.
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Youth give less importance to vocational training
ADB report says shortage of skilled labour hinders investment.
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Petroleum road show inaugurated in London
Petroleum ministry invites foreign oil firms to invest in Pakistan.
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Tribunal allows govt some exploratory work in Reqo Diq
Decision is not final and govt has to submit daily report of activities.
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Farmers struggle as sugar mills ‘delay’ cane purchase
Mills dismiss the charge, say they reject cane on quality grounds.
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India keen on exporting tractors to Pakistan
Pakistan tractor sector looking forward to trade liberalisation.
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Market watch: Monetary policy continues to spur buying
Benchmark KSE-100 index gains 39 points.
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Anti-cartel watchdog imposes Rs12.9b in fines
‘CCP has taken punitive action against cartelisation in Pakistan’.
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Transparency International to monitor auction of 3G licence
PTA signs pact to address transparency concerns.
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Friendly-fire: Pakistan Petroleum grilled on expansion plans
ECC criticises firm for ignoring local exploration activities and expanding abroad.
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Lowest in six years: Central bank cuts interest rate to 9.5%
Despite low interest rates, investors unwilling to invest ahead of elections, say analysts.
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Re-election chances: Gas price hike delayed on poll drubbing fears
The proposed price hike aims to pass a Rs200 billion burden onto consumers.
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Tax evasion: Senators hit back at media for ‘tax theft’ allegations
Propose formation of a committee to probe tax evasion by media houses in retaliation.
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Research-based analysis: US to review Pakistan’s anti-poverty policy
USAID assistance will allow Pakistan to modernise its policy formulation by improving research-based policy analysis.
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Academics ponder business strategies at KSBL seminar
Discuss strategic guidance, financial systems and technology.
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Iraq invites NESPAK for irrigation project
Company has already worked on projects in the Gulf country.
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Trade agreements with India get president’s nod
Include customs matters, quality control and trade grievances.
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OGRA stopped from acting against LPG companies
Lahore High Court bars regulator from any ‘coercive’ move.
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Trade between Pakistan and India gaining pace
Indian businessmen hope $10b target can be reached in few years.
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Market watch: A lot hinging on monetary policy announcement
Market regains some more ground amid lower volumes.
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Commerce ministry consults the chosen few to decide agri sector’s fate
Farmers say meeting remains inconclusive, threaten to physically block imports.
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OGRA works out Rs12 increase in CNG prices
Operating and compression cost included in new price, margin slashed.
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The rural economy: People spend heavily on food, little on education
Survey shows average monthly household expenditure is Rs18,930.
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While forex reserves run low, government undecided on fresh IMF loan
Political implications of another deal weigh heavily on decision makers.
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Khushhalibank, MEDA team up to finance micro-entrepreneurs
Deal aims to provide easy access to finance to entrepreneurs.
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US to help farmers increase profits
USAID, 12 local NGOs sign agreement to launch agribusiness project.
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Gem institute on the brink of bankruptcy
Trading between the govt and private sector, GGIP loses its shine.
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Experts discuss development in the South Asian context
SDPI’s annual conference focuses on sustainable development.
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Pakistan, India: Businesses to work on dismantling trade barriers
Both sides to form committee to look into issues hampering open trade.
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Market watch : Market gains lost ground amid low volumes
Investors on sidelines ahead of monetary policy announcement.
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The Pakistani Gordon Gekkos also have a softer side
Survey shows companies increasingly giving away money in philanthropy.
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Reversing trend: Balance of trade shows signs of significant improvement
Data suggests exports continue to increase while imports decline.
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New CNG stations: Explosives department issues NOCs despite ban
OGRA receives over 40 NOCs for licences to new filling stations.
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Truckers’ strike: ‘Strike will continue if demands not met’
Truckers claim to be stopped at every stop from Punjab to Sindh.
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Acumen fund: New country director for Pakistan appointed
As Pakistan’s country director, Farrukh will also serve as the CEO.