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Harnessing the ocean to produce electricity
Norwegian company wishes to introduce technology in Pakistan.
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CCP issues show cause to ICAP
Watchdog questions alleged exclusion of non-ICAP students from training.
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Mergers & acquisitions: Dawood Hercules to sell off fertiliser business to rival
Dawood Hercules Fertilizers will be sold to Pakarab Fertilizers at an undisclosed price.
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Corporate results: Attock Group posts healthy earnings across the board
Sales of the oil marketing company grew by 40% to Rs177 billion during the outgoing fiscal year.
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Market watch: Investors wary of socio-political developments
Benchmark KSE-100 index loses 51 points.
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Pakistan Steel expansion plan to be finalised soon
Pakistan, Russia likely to sign MoU next month.
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Raghib Abbas appointed new WAPDA chief
He faces daunting task of completing delayed water projects.
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PRACS reluctant to take over locomotives rehabilitation project
Says it lacks technical expertise, necessary equipment to complete undertaking.
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Dilly-dallying: IP pipeline – no concrete offer to Russia yet
Islamabad, Moscow unlikely to seal deal during Putin’s visit.
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Infected sheep: PM seeks inquiry report
Prime Minister Raja Pervez Ashraf has directed the Sindh Government to submit a report in 7 days on the sheep.
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Petrol price hits new peak with Rs6.82 increase
CNG prices proportionately increased; Light Diesel Oil and High Speed Diesel witness slight decline.
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‘Pakistani exports to Turkey will be even less than last year’
Pakistan and Turkey might not be able to accomplish the bilateral trade target of $2 billion.
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General insurers: Investment performance key to success
These companies hardly make money in core operations.
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A slew of problems: Why has our export performance remained dismal over the years?
Neighbouring countries, with similar socio-economic problems, have succeeded where we have not.
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Is the iPhone just playing catch up?
Many are wondering if the iPhone is still the Holy Grail of smartphones, or just another phone now.
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Malaysia, Pakistan discuss ways to enhance trade
Malaysian high commissioner assures greater cooperation.
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State-corporate nexus: The unholy alliance in the telecom sector
Establishment of clearing house will reduce competition significantly.
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Choosing battles wisely, the gaps in PTI’s economic policy
Delving into the details of the plan, it is not surprising to find a strong liberal agenda at its core.
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Petrol price up by Rs6.82 per litre
Prices of diesel products reduced; prices to go in effect from September 17.
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Petrol price may go up by Rs6.82 per litre
HSD down by Rs1.75 per litre; CNG prices may rise by Rs6.23 per kg.
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Cheap Resource: Coal to help cut power production cost
Coal-based stations would lessen reliance on expensive furnace oil, slash production cost and reduce oil imports.
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Most of technology shifting to mobile apps
Game development session held for young professionals.
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Infected sheep: Disease reports are ‘false propaganda’
Govt denies releasing any test reports, says imported sheep fit for consumption.
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Monetary policy: Why the State Bank will keep lowering interest rates
Central bank no longer believes it can control inflation through a monetary mechanism.
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A critical scenario: ‘Business as usual will sink the economy’
Ministry of Finance says sustainability cannot be guaranteed till drastic steps taken to address root causes of crisis
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Weekly Review: Bulls resurface behind positive global, sector specific news
Formation of ICH, duty-free access to EU propel the bourse to 4-year high.
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Send infected sheep back to Australia: Altaf Hussain
Altaf urges government to stop sale of the meat of infected sheep in the market.
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Fibre optic connection: NTC plans new submarine cable
The source of funding will also be sought in the study.
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Expanding horizons: ‘Huge potential in global remittance market’
Anwar observed that continued growth in workers’ remittances is a result of efforts made by the SBP and PRI.
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US announces $80m investment initiative
Programme to fund small and medium sized enterprises.
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Uncertain world economy slows export growth
Fahim expects large number of foreign buyers to visit Expo 2012.
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Comment: The silence of the urban industrial elite
Why nobody in the industry is willing to speak against Ali Enterprises.
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Drive against smuggled vehicles picks up pace
Teams to target auto dealers evading taxes, customs duties.
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Zardari terms energy shortage ‘mother of all ills’
Insists country has become attractive place to do business.
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Market watch: Telecom continues to fuel upward trend
Benchmark KSE-100 index climbs 143 points.
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LNG import project: ECC may approve import of 1 billion cubic feet per day
Will discuss Dutch firm 4Gas’ warning about filing case in court.
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Despite floods, Pakistan faces water shortfall
Deficient storage capacity a threat to crop yields.
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Exploring new horizons: Meezan Bank eyes entry into Takaful industry
However, hits a regulatory snag with the central bank.
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US announces $80 million for Pakistan private investment initiative
PPII will spur job growth and economic development by expanding access to capital for Pakistani entrepreneurs.
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China telecom equipment makers deny threat to US security
Huawei, ZTE testify before House intelligence Committee, panel chair says vulnerabilities appear designed into gear.
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Economic liberalism: IBA dean delivers strong defence of privatisation
Husain spoke at a forum organised by KESC on the 99th anniversary of its existence.
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Pakistan, India working to dismantle trade barriers
Will sign three agreements in few weeks to strengthen ties.
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National clearing company to collect CGT under new tax regime
Tax applicable to individual investors, brokers and corporate entities.
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FBR releases quarterly review for April-June 2012
Claims growth achieved in various tax heads despite economic shocks.
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New ‘prudential statements’ introduced
Require returns be submitted every half year for risks assessment.
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FBR chief gets allowance despite low tax collection
Performance allowance is equal to 100% of basic pay.
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Market watch: Telecom bulls put the bourse on road to recovery
Benchmark KSE-100 index rises 28 points.
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Khar stresses on promoting regionalism
SA Economic Summit concludes, sets agenda for SAARC summit.
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Auto industry invited to discuss import policy
Move comes after manufacturers lodged protests over import rules.
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NAB to deal with corruption in power companies
Officers involved in power theft, assisting defaulters to be targeted.