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Lending a helping hand: Russia to help Pakistan revive sick units
MoUs signed for rehabilitating Pak Steel, railways.
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Consultation: Businessmen want say in policies
"Business community was the largest stakeholder in the economy," says Zahid Aslam.
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‘Adequate gas, tax rebate PTEA’s top priority’
Textile exporters losing internationally due to recession, tough competition.
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Rice exporters to target $2.5b in exports
REAP to explore new markets in order to enhance basmati exports.
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Free-float market cap KSE-100 index from October 15
16 companies shown the exit over low market capitalisation.
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PMEX registers record trading volumes
Number of contracts, active brokers, investor accounts also hit record.
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Policies held back by lack of implementation
Entrepreneur for enhancing efficiency of govt departments
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Policy on cards to let market forces decide agri prices
Present mechanism benefitting the big players, small growers stay deprived.
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Market watch: Stocks recover on lower inflation in September
Benchmark KSE-100 index up 115 points.
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Legal speed bump: SSGC fears new LNG import project may come to a halt
Suggests settlement with 4Gas to push ahead with the project.
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Expo expected to fetch $1b worth of orders
Buyers from at least 70 countries coming to visit flagship fair.
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Pharma companies want less taxes, more govt protection
Wish to be ‘saved’ from competition; seek more frequent price revisions.
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Easing pressure: Inflation in single digit, provides room for interest rate cut
In August, the State Bank of Pakistan has already cut the interest rate by a huge 150 basis points to 10.5%.
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PIA quashes rumours about stopping services
Airline’s spokesperson confirms carriers continue to fly to EU stations.
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LPG prices may rise by Rs14.5 per kg
LPG prices may hike by as much as Rs14,500 per tonne following the increase in global benchmark Saudi CP for October.
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Banking in risky times
The old culture of customer-centric banking needs to be revived.
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Mushroom farming: the fungal goldmine
Crops that fulfill advanced dietary needs are the future of agriculture.
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Private equity–a big propeller for economic growth
It is an alternative investment class, provides huge opportunities.
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Branded rice–still a nascent industry
Sector not been able to establish a name for itself, like other food products have.
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Rewarding dishonesty?: Another tax amnesty scheme, another impending failure
Amnesty schemes come across as a reward for people who have evaded the system and a disincentive for honest taxpayers.
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Culinary zeitgeist: The food business in Pakistan
Opportunities in the sector can provide the base to build a sustainable economy.
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Promoting Education: Faisalabad Chamber to offer scholarships
Faisalabad Chamber of Commerce and Industry sets aside Rs1.2 million for deserving, brilliant students.
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‘Takaful’s upward trend to continue’
Islamic insurance companies achieving 12% growth annually.
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Rains hamper vegetable production
Additionally, due to present shortage, prices increase 40% for vegetables.
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Resolving energy crisis on top of priority list
LCCI’s newly elected senior management spells out priorities.
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Living in neo-Fordist age: Specialised ad agencies define dynamics of the sector
Era of full-service ad agencies over, as margins continue to squeeze day by day.
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Automobiles: ‘Influx of imports adversely impacting operations’
Shareholders voice concerns over govt’s lenient import policy at Indus Motor AGM.
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Weekly Review: KSE-100 closes flat as monetary policy announcement draws closer
Bourse remained mostly in red the entire week, clawing back up on Friday over positive sector-specific news.
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Wooing investors: Govt may act as guarantor for AJK power projects
Lenders are reluctant to give loans in absence of sovereign guarantee.
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Tax collection: Banks to remain open on Saturday, Sunday
SBP BSC and designated branches of NBP will remain open on Saturday and Sunday for collection of taxes and duties.
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‘Held to maturity’: Securities no longer allowed as collateral
SBP decided to prohibit all banks from using securities classified under ‘Held to Maturity’ for borrowing from SBP.
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Power company takes action against officers
FESCO punishes staff for failure to meet recovery target.
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LNG imports: CNG body wants to be taken onboard
Seeks a share in benefits accruing from import and distribution of fuel.
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‘All stakeholders must patronise AJK bank’
AJK chief secretary suggests routing all government business through the bank.
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‘Poultry exports can boost foreign inflows’
New technology should be adopted to reap benefits: Khosa
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Heavyweights to lose dominance in KSE-100 Index
Bourse to introduce new method for computing index.
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Market watch: Cement, oil and banking stocks lead rally
Benchmark KSE-100 index climbs 87 points.
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Uncompetitive practice: CCP finds support against International Clearing House
Consumer groups, businesspersons back CCP’s call to strike down the proposal.
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Dried-up wells : As gas reserves fall, deep wells need hefty investment
PPL says wells can last another 10 years with money injection.
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90 officials, workers terminated from National Fertilizer Marketing Ltd
NFC terminates services of employees hired without due process in subsidiary.
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Obstructing the water doorway: Kishanganga Dam to limit water flow
Pakistan may lose 13% of water from Neelum Jhelum River.
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Improving sports, recreation facilities: Lawrence College to get a grant of Rs20m
Students displayed a series of performances, from physical drills to gymnastics and karate.
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Mitigating damage: Draft for climate change policy approved
National Plan of Action has been designed to implement it.
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Tax refund fraud: ‘FBR should enact laws’
"Tax lawyers should not be made part of any enquiries in case of any fraud," says LTBA President.
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OGDC: AGM scheduled for October 4
The meeting will consider and adopt the audited accounts of the company for the year ended on June 30, 2012.
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Post-election scenario: New FCCI team faces daunting challenges
Election results announced, Aslam takes over as president
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UAF strives to obtain global certification
Recognition vital to get benefits of international job market.
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Sharjah Expo Centre to organise halal food expo
Signs MoU with Pakistan Halal Development Council in this regard.
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Over 6,000 imported cars stuck at Karachi Port
Importers meet FBR chief today to sort out depreciation issue.
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Market watch: Investors book profits amid consolidation phase
Benchmark KSE-100 index falls 42 points.