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Sindh govt signs MoU for 50MW wind power project
Czech firm to provide required material, machinery and technology.
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Incoming funds: Huge Indian investment in Pakistan’s bourses expected
Law does not restrict portfolio investment from India.
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Diamer Bhasha dam: Japanese aid keeps plans afloat
Tokyo agrees to finance power houses of the 4,500MW project.
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Sovereign guarantees: Finance ministry denies existence of ceiling
During fiscal 2012 government issued new guarantees worth Rs177 billion or 0.86% of the estimated GDP during FY12.
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Cross-listing: KSE takes leap forward, may list at BSE SENSEX
Focuses on futures contracts, appoints AKD as market maker.
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Korea to invest $3b to build hydel projects
Dams to be built by joint WAPDA, PPIB, Korean consortium.
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LPG prices likely to go up by Rs19 per kg
Domestic market takes cue from rising Saudi contract prices.
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Pakistan considering importing LNG from Qatar via India
Indian terminal will receive gas, supply to Pakistan through pipeline.
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Corporate results: KAPCO profits decline on circular debt woes
High short-term borrowing and gas shortage haunts the country’s largest independent power producer.
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Market watch: Bourse declines as investors bank profits
Benchmark KSE-100 index falls 83 points.
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Circular debt swells to Rs425 billion
Govt plan to curtail spiralling debt fails to achieve objectives.
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Ringing alarm bells: Public-sector banks lead the pack in risky lending
Govt owned banks also seem helpless in recovering defaulted amounts.
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Stamp of approval: Iranian team coming soon to check wheat quality
Pakistan plans to export 1m tons from surplus stock.
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Water wars: Wullar Barrage set to figure in Pak-India talks
India maintains amendments in construction plan can address reservations.
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How far will Islamabad go to attract US investors?
Bilateral investment treaty under discussion opens all sectors to foreign investment, including defence.
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Barclays says UK fraud unit starts investigation
Bank confirms investigations by UK's SFO has started an investigation into 2008 transactions with Qatar.
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Govt should simplify registration process for new molecules: PBP
Bureau advocates approving drugs which have been cleared in two out of three most developed countries.
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Export Import bank for traders on the cards
Proposal to be included in Strategic Trade Policy Framework 2012-2015.
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IPI pipeline: Iran may ask India to push ahead
Presidents to meet today; project will likely be discussed.
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President calls for greater market access
Says preferential treatment will offset country’s losses.
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Fatima Fertilizer switches to profit
The manufacturer expects to perform better than peers.
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Corporate results: Lotte Pakistan baffles market by posting loss
Analysts expected the PTA manufacturer to generate profit.
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Twin cities lead trading of online second-hand items
Online classified portal – Dekho.com.pk – releases decade old listings data.
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Market watch: Bourse climbs led by oil, telecom sectors
Benchmark KSE-100 index surges 71 points.
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Oil companies withhold Rs40b of gas surcharge
Call for resolving debt issue first, PAC summons federal secretaries.
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Distrustful competitors: ‘Conventional insurers will crush the Takaful sector’
Takaful operators finally break silence over the new rules.
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Investment treaty: Pakistan, US make headway amid criticism
Both agree on clauses dealing with financial, insurance services.
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Result: NIB Bank losses decline significantly
The bank’s total revenue increased by 43% to Rs2.4 billion.
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Unpaid bills: LESCO looks to media for help in recovery
'The majority of defaulters are rich and influential people who are either involved in electricity theft.'
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Korea keen to invest in power, water sectors
Offers transfer of expertise, technology to counter floods, manage rivers.
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Pakistan buys oil due to depleting stocks, surging demand
Below-average rains boost demand for diesel to bridge energy deficit.
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Entrepreneurship: Pakistani pioneers lead epic struggle for more milk
Fragmented dairy industry unable to export due to low yields.
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Port Qasim to get strategic storage facilities
Silos will have capacity to hold 150,000 tons of grain.
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SECP converts bourses into public entities
Stock exchanges to operate as for-profit, demutualised bodies.
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Market watch: Bourse climbs on Supreme Court verdict
Benchmark KSE-100 index surges 132 points.
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Cushioning troubled PSEs: Government ignores ceiling for sovereign guarantees
Provides guarantees of Rs532b against threshold of Rs413b.
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One more year: Ministry seeks extension in WAPDA chief’s tenure
Term ending in September, extension may spark controversy.
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New petroleum policy: Govt aims to give significant boost to production
Wellhead gas price increased by 60% to attract exploration firms.
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India invites Chinese companies to invest
The policy is part of India's struggle to provide jobs to its growing army of young people.
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With Samsung win on Galaxy Tab, judge may reconsider US ban
Judge may go back over Samsung Galaxy Tab ban in the US.
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Gas pipeline: Pakistan, Iran to discuss IP project progress today
Technical, legal and financial experts to take part in the two-day meeting.
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Scathing indictment: For over a decade, textile value addition has remained at a standstill
The share of garments as a percentage of textile exports has remained constant since 2002.
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Discrimination allegations: Why Punjab’s textile industry is worse off than Sindh’s
The province gets less gas, but also uses it less efficiently.
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Inefficiency: Textile industry admits it has a productivity problem
Lobbyists for the industry, however, remain firmly in denial, blaming the government instead.
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While small players get squeezed, textile’s big guns are doing just fine
Government continues supplying gas to the biggest companies, at the expense of small businesses.
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Buying behaviour: As consumers demand more readymade clothes, exporters switch to local market
Shift away from tailored clothes accompanies rise in spending power, convenience shopping.
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Analysis: The textile sector is not indispensible for the economy
It employs many, exports a lot, but pays little in taxes and impedes growth of other sectors.
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Weekly review: KSE-100 stays steadfast above 15,000-point barrier
Sector-specific activity resulted in volumes jumping 73%.
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Landline, Broadband: PTCL concludes loyalty campaign
Promotion, which ran for one year, concluded with remarkable results in Ramazan this year, says PTCL.
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Govt to constitute real estate regulator
RERA will frame laws governing land market, licensing, registration of agents.