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Market watch: Day dominated by bulls led by banking sector
Benchmark KSE-100 index leaps 149 points.
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Age limit of imports: Automobile lobbies on a crash course over decision
Finance committee wants all stakeholders on board to decide auto assembler’s fate.
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Pakistani IT companies win four silver awards
Six products compete in Asia Pacific ICT Awards.
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KESC calls for a stay to NEPRA’s revision of tariff
Utility fears a loss in profitability, asks power ministry to hold notification.
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Higher risk, higher return: ABL Asset Management to set up Islamic equity fund
Aims to increase share of Islamic funds to 50% of its retail business.
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Back to negotiations: Pakistani, US officials to discuss energy projects
Possible proposals for cooperation in TAPI pipeline, LNG imports expected.
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US to provide $200m for preliminary work on Diamer-Bhasha dam: Shaikh
Finance Minister says a task force will be formed to help Pakistan gain further access to the US market.
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Real estate woes: No shelter from rising property prices in Peshawar
Permanent residents blame refugees for escalated costs.
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Citigroup to scale back Pakistani operations
More than 11,000 jobs to be slashed globally.
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Food security: ‘Govt pursuing pro-agri policies’
PM says agriculture is an effective way to control poverty and provide rural population a means to earn livelihood.
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Scientists urge adoption of new agronomic strategies
Punjab agriculture secretary calls for another green revolution
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SBP extends validity of refinance schemes
Schemes will be available for one more year up to Dec 2013.
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Market watch: Bourse surges to fresh record high despite volatility
Benchmark KSE-100 index climbs 26 points.
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Brazil offers insights into poverty reduction programmes
South American nation has slashed poverty by 23% over two decades.
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Textile sector rejects increase in gas prices
OGRA has proposed price hike for SNGPL, SSGC consumers.
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Farmers’ lobbies ask for subsidy, duty on Indian agri-imports
Say Pakistan cannot compete with India’s highly subsidised agri-industry۔
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Microfinance providers: International fund offers Rs632 million to banks
Supports investment in human resources, IT and branchless banking.
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Korea commits $78 million for Malakand tunnel
Will help construct tunnel, develop water resources
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LNG supply: Pakistan, India in deadlock over transport fee
Delhi demands $4.5 per unit, officials of two sides to meet next week.
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How businessmen can save Karachi
Business leadership must shed personal conflicts and unite to achieve the objectives of peace and security in Karachi.
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Failing to learn from past, petroleum ministry again plans roadshow in haste
Event can prove to be a failure and sheer waste of public money.
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Precautionary step: Workplace safety to be discussed
“Promoting Workplace Safety & Health in Sindh” consultation scheduled for December 6 at a local hotel in Karachi.
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Capital markets: Local bourses discuss collaboration
An initial agreement on forming a joint steering committee was also reached which may be formalised soon.
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Credit scheme: Microfinance banks can extend loans
MFBs given 40% risk coverage on loans. Earlier, only commercial banks provided loans under Credit Guarantee Scheme.
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CNG lobbies in Competition Commission of Pakistan’s crosshairs
CCP raids offices, seizes documents; report to be finalised in two months.
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PTA withdraws clearing house directive
Move came after court stopped formation of ICH.
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Zong trumps competition in July-September quarter
Adds 1.2m customers to network; mobile phone users cross 120m mark.
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United Arab Shipping Company begins its voyage in Pakistan
GEM 1 service will link Pakistan with India, Middle East and Turkey.
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LPG prices go up by Rs8 per kg
OGDC, PARCO increase rates to match Saudi contract price.
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Used car imports: Notification to reduce age suggested to be withheld
Parliamentary panel says age reduction was a result of ‘underhand deals’.
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Market Watch: Blue chips rebound; bourse breaches all-time high
Benchmark KSE-100 index jumps 112 points.
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Fading away in value: Speculators behind turmoil in currency market
Ministry says market players exploiting loan payments, but reserves are adequate.
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Businesses for peace: ‘Corporate social responsibility has key role in societal development’
Speakers highlight CSR’s role in creating a sustainable economy, peaceful country.
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Chinese delegation visits KSE
Representatives briefed on market performance, features
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Pakistan to follow Brazilian model in tackling poverty
Aims to achieve a hunger-free society with foreign assistance
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SECP to release new rules for insurance firms
Submits draft of accounting standards for publishing statements.
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Local textile millers fear being ‘crowded out’ by Indian counterparts
Indians seek to enter local synthetic sector, showcasing products at Intexpo.
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Market watch: Market in red despite low inflation figures
Benchmark KSE-100 index falls 36 points.
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CNG dealers blame govt for complicating price issue
Say people being misguided about their profit margins.
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Accountability bureau to recover billions lost in oil scam
1.6m litres of diesel stolen from pipeline of PSO and PARCO in 2-3 years.
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Running out of steam: Pakistan Railways anticipating a loss of Rs2.5b
Revenues go off-track; budgeted targets missed, despite better infrastructure.
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Bucking the trend: Inflation hits lowest level in five and a half years
Statistics secretary says better supply of food items keeps inflation at 6.9%.
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Reko Diq case: CJP says local laws also apply to foreign investors
Chief Justice Chaudhry directs petitioners to conclude arguments by December 4.
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OGRA recommends CNG ban for private cars
NA standing committee requests CNG association to reopen stations, gives assurance of uniform tax.
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A code of ethics to run good businesses
A formal code of ethics can help guide an organisation to success.
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Let’s not use natural gas as car fuel
The surge in demand for CNG has restricted its supply to other sectors.
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Investing in silver: A smart move in the current global economic scenario
Multiple factors indicate that silver prices will appreciate in the coming months.
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Automobile industry: Local carmakers struggle despite restricted imports
Revenues and profits are down in the third quarter of 2012, largely due to a slump in consumer demand.
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Wooing investors: K-P sets up investment board
Also part of the board will be four representatives from different clusters of the economy.
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Innovation and education: Young IT wizards tackle water and sanitation woes
Best low-cost tech solutions to be rewarded with World Bank contract.