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SSGC: Managing director Siddiqui resigns
After detailed deliberations, the board accepted Siddiqui’s resignation that will be in effect from November 8.
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Appointments of OGDC, PARCO heads probed by panel
Parliamentary panel summons MDs over absence from meeting
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Iraq inks exploration deal with Pakistan Petroleum
Under the contract, company must invest $100m to explore 6,000 sq km block
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EU grants 1.2m euros for climate change study
Assures WAPDA of cooperation in future projects as well.
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CNG body, OGRA to deliberate on pricing issue
Station owners blame regulator for misinterpreting court judgment.
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Market watch: Market continues to set unprecedented highs
Benchmark KSE-100 index climbs 55 points.
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Reko Diq project dispute: TCC rules out out-of-court settlement with Balochistan
Fears new government may also cause trouble for the company.
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Foreign security firm pulls out of Pakistan
G4S sells its entire stake in Wackenhut to local partner.
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Game-changing tax reforms?: FBR chief vows to ‘name and shame’
To instil a frisson of fear in the biggest dodgers, Hakeem is threatening to freeze assets and ban them from travel.
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A slippery slope: Fiscal position untenable as problems loom ahead
Election year spending may exhaust the government’s coffers, observers say.
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Oil prices review: Weekly or monthly? Ministry passes buck
In summary, petroleum ministry highlights benefits of weekly review.
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'Scientists must equip themselves to cope with Newcastle disease'
Veterinary and animal sciences professor says the fatal disease has caused loss of billions.
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Microsoft launches Windows 8 in Pakistan
Over 250,000 PCs are available at over 1,000 retail stores in Pakistan, including Hyperstar and Metro among many.
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Brutal sheep culling aside, Australian cows due to arrive in Pakistan
Australia’s agriculture department official says it cannot guarantee that the animals will not be culled.
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Pakistan’s diseased healthcare system
The rot in one of the most crucial sectors must be contained and eliminated.
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New horizons: Empowering women through Islamic banking
Islamic finance can offer great opportunities to female workers.
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A novel approach: Alternative fuels, or innovative fuels?
As the process becomes cheaper liquid fuels from gas or coal could be the answer to Pakistan’s energy woes.
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Taxing incoming calls from abroad
Has the govt considered the tax’s rationale and repercussions?.
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Judicial charge on CNG prices - a populist strike on collusion
The trend of collusion calls for reforms in the Competition Act.
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Rising inequality: Choosing between focus on growth or focus on poverty
Nobel laureate believes the two development issues are intertwined.
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Commerce Initiatives: Gujrat chamber team visits Islamabad chamber
Bakhtawari called for strong networking among chambers, business associations for effective advocacy on common issues.
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Industry, trade associations criticise FESCO, SNGPL policies
Say overbilling, gas suspension hurting business activities in Faisalabad.
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Emirates targets growing passenger traffic in Peshawar
Opens office to assist customers from the city and its peripheries.
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‘Completion of hydel projects top priority’
Govt making all-out efforts to end power outages: power ministry.
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Sugarcane support price sparks uncertainty
Growers, millers of Punjab reject the price for their own reasons.
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Bootstrapped project: No finance puts CNG buses programme in doldrums
Banks refuse to finance project in absence of sovereign guarantees.
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Competition intensifies: EFU enters race to acquire MetLife Pakistan
Three insurance firms have already shown interest in the multinational giant.
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Weekly Review: KSE-100 breaches 16,000-point barrier, closes at historic peak
Upward trend mainly driven by monetary easing hopes, results season.
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CNG stations to be shut down indefinitely
The strike will start today, region chairman demands they be allowed to sell gas at Rs70 per kg.
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SECP extends deadline for amnesty schemes
Last date for availing the schemes moved to November 30.
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Domestically produced LPG to cost Rs6.6 per kg more
OGDC and PARCO have increased their base stock prices by up to Rs6,600 per ton.
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Pakistan Railways kick-starts multi-billion rupee signal project
Work on the seven-year project was delayed due to lack of funds.
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Seeking growth: Al Baraka Islamic Bank seeks major expansion of its branch network
CEO visits Lahore chamber to drum up interest among corporate clientele.
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Skeletons in the closet: SECP finally orders investigation into 2008 stock market crash
Former chairman of SECP will examine causes, factors and outcomes of crisis.
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Market watch : KSE-100 index breaches 16,000 points barrier
Index closes at all-time high of 16,101 points.
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Tax amnesty: FBR pins its hopes on upcoming caretaker set-up
Money laundering fears delay the launch of schemes.
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Frontier markets: Betting on Pakistan pays off for Swedish asset manager
Tundra Fonder’s Pakistan fund, launched a year ago, has outperformed the market.
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Believe it or not: Inflation at lowest in five and a half years
CPI comes down to 7.6% in Oct, economists express doubt, govt defends position.
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Self-sufficiency: Olive to be cultivated on 1,500 hectares of land
Once established, the olive gardens are expected to start bearing fruit after three years.
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ICI Pakistan: CEO Waqar Malik resigns
Waqar Malik will leave the office with effect from December 27, 2012 after 27 years of service with the ICI Group.
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Textile sector dejected with gas suspensions
Earlier, SNGPL authorised four days closure as per gas load management plan.
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Japan offers support to link Thar power with national grid
Envoy expresses positive sentiments regarding business climate in Pakistan.
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Customs to monitor cement exports to India
In past few months Delhi found narcotics in four consignments.
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Financial Development Index: SECP improves ranking on back of extensive reforms
Ranking goes up 5 notches to 37th place, China trails behind.
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Philippines operator fails to get more than 35% stake in PICT
Smaller investors unwilling to offload shares due to port’s profitability.
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Market watch: KSE-100 breaks record in intraday trading
Market breaches 16,000 points barrier, but closes with pared gains.
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As demand grows, Thai Airways increases flights from Pakistan
Airline is adding one flight each to Karachi, Islamabad and Lahore routes.
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Bucking the trend: Tauseef Group buys out rivals, targets IPO in 2013
Faisalabad-based conglomerate benefited from early investment in Bangladesh.
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Trade liberalisation: Pakistan to allow import of Indian agricultural goods
Farmers lobbies bitterly opposed to the move, threaten to take action by physically blocking imports.
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Gas supply: Punjab to receive gas for 3-5 days a week
Husain urged government to ensure equal distribution of gas supply to the industries ofPunjab province.