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Inebriated on free publicity, Murree Brewery publicises expansion plans
Liquor company’s products may hit US, Europe and Dubai next year.
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Neelum Jhelum project: Pakistan looks to new Chinese leadership for funds
China had suspended a project loan due to dispute over another development project.
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Fuel mix: As CNG gets rationed, petrol sales jump 36% in October
Diesel sales continue to drop, suggesting most CNG users do not use public transportation.
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All taxes apply on test oil export to NATO
The first cargo appears to be a litmus test to check response on taxation.
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Audit-shirkers: PAC to file reference against 16 audit-dodging departments
Public funds watchdog will charge depts in Parliament with violating Constitution.
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Japan to provide grants for alternative energy
JICA delegation collecting data on developments in the sector۔
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Speakers for developing data on farm animals
These animals can be relied on to address food security challenges.
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Court’s orders: CNG industry roiled by price cuts
"Gas prices will be slashed by a further Rs13 per kg if a uniform rate of cess is implemented,” says Paracha.
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Govt issued 35 new exploration licences since taking charge
Resultantly, 39 new discoveries are under evaluation for reserve estimation.
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Turkmen gas field to begin production in 2013
Galkynysh field will feed TAPI to supply energy-hungry Pakistan with gas
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National Savings introduces prize bond for students
Minimum investment required under the scheme is Rs100.
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Market watch : Cement, banking stocks move market upwards
Index adds 23 points as textile sector comes back into focus.
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Railways to repair 60 bridges this year
Has marked 159 bridges that need immediate repair
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Let there be light: In Sindh, a business works to improve villagers’ lives
EcoEnergyFinance runs an operation that helps improve rural living standards.
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Duty-free imports: Farmers fear they will lose in import deal with India
Concerns surface that MFN status being granted to India without risk assessment.
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Revenue collection: FBR obtains data of 150,000 tax evaders
At least 6,010 people who send their children to private school in one region evaded tax.
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Public suffering: CNG body, OGRA asked to settle price row
All Pakistan CNG president says the CNG prices issue has been exacerbated since government did not reduce taxes.
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Broadening tax base: Cabinet gives go-ahead to tax amnesty schemes
Bill to be vetted by law ministry then tabled in NA; electoral reforms bill also approved.
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Azad Jammu and Kashmir to cancel industrial plot allotments
Cancellations made over non-development within stipulated time.
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Exporters losing competitiveness in world market
Pakistan gives up one-third market share, competitors move in.
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EU trade package comes into force
Regulation covers all EU states, will expire on December 31, 2013.
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Reko Diq case: Balochistan pursuing dispute internationally
Tethyan’s claims pending at international forums : govt’s counsel.
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Experts urge govt to check sale of ‘fake’ GM seeds
Say Pakistan needs to adopt GM seeds at the earliest to avert food crisis.
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Stocks close flattish, buoyed by cement sector
Benchmark KSE-100 index sheds nine points.
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Govt turns down purchase offers for utility stores
Privatisation could have turned the loss-making enterprise into profitable one.
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Spirit of entrepreneurship celebrated
Speakers call for promoting entrepreneurship as top priority.
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‘German investors not dissuaded by security issues’
Envoy says increasing number of German businesses interested in Pakistan.
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Sindh seeks multi-billion-dollar coal supply contract
This puts in jeopardy ADB financing for imported coal-fired plants.
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Committee directs OGRA to negotiate prices with CNG association
All Pakistan CNG president says the CNG prices issue has been exacerbated since government did not reduce taxes.
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Protection money: Traders signal willingness to pay extortionists
Say the govt has failed to protect them; their colleagues, however, have refused to relent to growing pressure.
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PMEX to market agri-products online
Working to upgrade its system database to attract international buyers.
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Tight gas supply to start from May next year
Polish firm, SSGC sign gas sale and purchase agreement.
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‘Govt has turned focus to businessperson’s issues’
Premier says everything will be done to facilitate businesses.
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Iranian president to arrive next week
Will sign agreement that will lead to financial, technical help for gas pipeline.
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Market watch: Economic, political outlook dampens sentiments
As Karachi’s law and order situation worsens, investors opt to book profits.
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Microsoft demonstrates new Windows 8 operating system
Company official says Win8 is a single device for business, pleasure.
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Trade deficit shrinks 7% in July-October over previous year
Exports rise on seasonal demand, imports fall for fourth straight month.
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Needless meddling: Govt fails to restrict its role in economy, says Shaikh
Challenges emerge due to weak governance, state role in key sectors.
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FBR isolates 10,000 cases for suspected tax evasion
Federal Board of Revenue to conduct audit of individuals and firms who filed dodgy returns in 2011.
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New BlackBerry to launch January 30
Canadian firm says launch will happen simultaneously in multiple countries around the world.
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Car sales drop 32% in third quarter
Discontinuation of popular models, import of vehicles cited as reasons
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Youth must focus on entrepreneurship
Experts say not everybody can get a dream job after graduation
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Cotton ginners increase purchase of seed cotton
Buying picks up as lower domestic cotton production expected
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Citibank wraps up consumer banking
Enters into agreement with HBL for divesting its assets.
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Shah highlights steps needed to revive economy
Former finance minister says 8% growth is critical for country’s survival
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Farmers reluctant to plant wheat as input cost rises
Delay in cultivation may hit production target this season
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Market watch: Bourse consolidates after long weekend
Investors offload positions on unrest in city.
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Nandipur power project: Chinese firm demands $40m as compensation for delays
Says machinery stuck at Karachi port causing losses to the company in the form of depreciation and damages.
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Amnesty for cheats: PM gives approval to FBR’s tax registration scheme
Three bills related to the tax amnesty scheme to now be clubbed into one.
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Young cheats: Almost 50% of tax dodgers below 35 years of age
FBR, NADRA categorise over 2.4m dodgers according to age groups, sex and profession.