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Industrial investment on the wane
If left unchecked, businessmen fear economic stagnation.
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Pattoki lives up to its reputation of ‘queen of flowers’
Local growers excel at flower cultivation, manage to expand business manifold.
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Pakistan, US hold talks on bilateral economic engagement
US-Pakistan Economic and Finance Working Group concludes.
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Development budget: Government breaches limit on release of funds
Money disbursed apparently on political grounds, strategic projects miss out.
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Weekly Review: Bourse hits all-time high of 16,574 points
Activity picks up in anticipation of discount rate cut, to be announced by the central bank this week.
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Branchless banking: Zong, Askari Bank officially jump on the bandwagon
‘Timepey’ service aims to facilitate 80% Pakistanis not having bank accounts.
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Growth figures: Finance minister dismisses IMF analysis
Shaikh believes country’s economy will grow by 4%.
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Depleting resource: Businesswomen concerned over low gas pressure
Gas companies should look into the issue and take necessary steps for improvement, says IWCCI President.
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ILO promotes entrepreneurship among women
After Punjab, business development programme likely to be conducted in Sindh.
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‘Airtime can be used as underlying asset’
Meezan Bank’s Shariah advisers approve innovative Sukuk
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US to provide $50m to SMEs through private equity funds
Amount to be diverted from funds earmarked under Kerry-Lugar bill
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Court’s decision on Kalabagh Dam welcomed
Lahore High Court directed govt to start building the disputed project.
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Market watch: All eyes on State Bank as November rounds off
Investors undecided on whether monetary policy will be eased.
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Indian textile gurus hope to make major strides in Pakistan
Synthetic fabric exhibition kicks off, overwhelming response expected.
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Compromise on CNG pricing formula may be reached soon
Petroleum ministry agrees to provide policy guidelines within a few days.
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Political wrangling: Despite consensus, cyber crime bill stays shelved
Non-stakeholder consultant objects to draft, proposes new one; forcing delays.
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Diamer Bhasha Dam: Turned away from elsewhere, government to now knock on China’s doors
After failing to secure funds from multilateral donors, govt hopes old ally will come to its aid.
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Ogra decision: CNG prices set to rise by up to Rs10.56
Association rejects new pricing mechanism.
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Eni plans to invest $10 billion in Pakistan
Will drill new wells for three shale gas projects.
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Foreign interest: KESC’s lenders to turn debt into equity
IFC, ADB to invest $50 million in shares of power utility.
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Millers want govt to allow wheat imports
New support price has made cost of business higher.
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Winner of ILO contest to set up uniform-stitching centre
Fashion design competition winner trains women in embroidery.
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Jubilee Life drives on success of bancassurance initiative
Company aims to be the country’s largest on back of pricey ad campaign.
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Market watch: Stocks continue rally beyond 16,500 points barrier
Heated activity continues after Unilever’s share buyback announcement.
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Last chance for corporate tax defaulters, evaders
Amnesty schemes conclude today, no further extensions to be given.
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IP gas pipeline project: Officials depart today to finalise $500m loan deal with Iran
Tehran has confirmed provision of $250m; to provide another $250m from banks.
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Mobile services blackout: Post-paid users forced to pay for ‘national security’
Billed subscribers will pay their monthly line rent in full.
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Construction materials: Security the only hurdle in Attock Cement’s expansion
Company runs enviably well, but faces threats to its business in Hub, Balochistan.
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Interveners sniff a scam as Nepra gauges feedback on prices
Public hearing held to review power tariff petition.
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Linde inaugurates air separation plant
Country’s largest plant is capable of producing 150 tons per day of gases
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0.8m tons of rice exported to China in 2011-12
Chinese prefer Pakistani rice due to better quality and lower price
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NCCPL carves out its share of capital gains tax pie
Tax charged on profits made on sale of securities held for specific periods.
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Fertiliser sector wants gas in exchange for price cuts
Govt, industry working out a mutually beneficial plan to ease prices.
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CNG industry demands immediate decision on gas prices
Says businesses cannot run if they continue to lose money
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Market watch: Activity heats up after Unilever announcement
Market breaches 16,500 points barrier before settling lower
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Govt considers slapping another tax on CNG sector
Apex court had suspended mechanism linking CNG price with petrol
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Afghanistan gives up share of TAPI gas, wants transit fee only
India and Pakistan to split Afghanistan’s share; Kabul may reconsider later.
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Breathe easy: ‘No indications of a stock market crash anytime soon’
Elixir Securities CEO says context has changed fundamentally since crisis in 2008.
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Food and consumer goods: Unilever Pakistan to delist from local stock exchanges
Executives confirm the move preludes a major investment into the country.
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DHA City going as per plan: officials
DHA administrator asks DCK consultants and engineers to complete the ongoing projects with a holistic approach.
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Oil and gas sector: Pakistan welcomes Nigerian interest
Nigeria has an estimated 184 trillion cubic feet of gas reserves, says the Nigerian envoy.
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Businesses for efforts to boost trade among D-8 states
Faisalabad Chamber asks textile industry to focus on combined market.
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Iran hopeful IP pipeline will boost joint ventures
Outgoing Iran’s consul general asks Pakistan to join hands with Tehran.
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Baby accessories at maternity clinic – a rare, but clever blend
Woman entrepreneur woos judges with business idea, wins ‘Khadija’ competition.
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Kinnow exports to start from December
Traders eye export of 200,000 tons, fetching $110m this season۔
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Market watch :Market rallies led by high-cap, blue-chip stocks
Benchmark KSE-100 index jumps 94 points.
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‘WAPDA to add 400MW of power by mid-2013’
20 projects in progress, having total generation capacity of 20,000MW.
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PSO hits out at cartels for creating hurdles
MD aims to make the company a global player in six years.
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Mayday, Mayday!: PIA’s business plan termed obsolete by NA committee
Plan, prepared in October 2010, envisages funds from government to revive the firm.
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Ties with India: Industries ministry suggests gradual opening up of trade
Says negative trade list should be phased out over a period of five years.