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CNG closure may extend to a week in regions of Punjab
SNGPL suspends gas supply to divert to domestic consumers.
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Working a desk job: Young techie bags a million rupees using IT skills
Undergrad student was participating in an international ‘bug hunting’ programme.
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Weekly review: KSE-100 inches towards 17,000 milestone
Activity remains lacklustre as investors stay on the sidelines.
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Billions at stake: Feud between oil ministry, OGRA reaches ECC
Ministry asks ECC to direct the regulator to shift gas firms’ losses to consumers.
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Staple: Rains to benefit wheat crop
Chaudhry believes that adequate supply of inputs would also help enhance wheat cultivation.
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Businessmen to establish industrial estate in Chakwal
Part of the estate will be allocated for export processing zone.
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While prospecting for oil, OGDC uplifts local communities
Plans to execute a number of projects in Karak.
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SMEDA completes economic recovery projects in 29 districts
Grants distributed to revive economic activity in flood-hit areas.
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Six-star living: Lahore to get a ‘super’ luxury resort soon
Company that built Royal Palm now ready to implement its next big project.
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Market watch: Stocks rally on disbursement of CSF funds
Index gains 51 points at the close of the week.
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Dismal economic growth, fiscal conditions to persist
Economist sees big financing gap in 2013, return to IMF for bailout.
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Government highhandedness: Cellular operators pushed aside as services suspended
Orders given without prior notice; vague ‘security threats’ cited.
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Senators reject sweeping powers for FBR
Call the plan a financial NRO for the country’s elite.
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Appeasement measure: Textile mills win a lollipop for all their troubles
Power supply promised from Monday, but it is not clear for how many hours.
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Proposed privacy policy changes see Instagram user exodus, shares fall
Report notes Instagram had seen as many as 3.5 million users leave after new policy announcement.
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Energy crisis: Circular debt is going down, but not for the right reasons
Govt uses a series of accounting tricks to lower energy sector liabilities.
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Lahore chamber: Charges on visa services reduced
Visa Recommendation Letter fee for Asian Countries for proprietors/directors has been curtailed to Rs1,000.
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Exports to Saudi Arabia register improvement
Shipments worth $418 million still below potential.
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Post Office loses ground to online banking
Adopting latest technology to avert annual loss of Rs2b.
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KSE in bid to stimulate Chinese portfolio investment
AKD CEO hopes China will become a strong source of foreign investment.
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Market watch: Investors bank profits in muted session
End of the year lethargy continues as index loses 35 points.
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Meezan Bank to launch Islamic agricultural financing
Sets up a dedicated unit in Faisalabad for the facility.
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Dismissing fears: PIA chairman says no to staff layoffs
Assures employees that all steps will be taken to turn carrier around.
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Safeguarding consumer rights: OGRA remains defiant against petroleum ministry
Refuses gas utilities from charging customers for fixed volume of gas over actual consumption.
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Cut power subsidies and invest in Diamer Bhasha Dam, says ADB
Further delay may enhance project cost, lead to its cancellation.
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Transparency stressed in CSR activities
SECP outlines CSR guidelines for businesses.
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Mobile banking accounts hit 1.8m mark
Number of users grow 25% in July-September quarter.
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Manufacturers claim: Domestic urea prices far below global levels
They say gas subsidy is passed on to farmers in shape of reduced prices.
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Textile exporters threaten civil disobedience
Say govt must act to ensure gas and electricity supply to Faisalabad.
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Marekt watch: Market listless as year draws to close
Index gains 35 points amid lower participation.
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Railways outsources Lahore-Karachi Night Coach
PR rehabilitation will take at least 16 months when new locomotives start arriving.
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Defying court orders: NEPRA approves controversial hike in power tariff
Islamabad High Court has barred retrospectively levied surcharges.
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Scuttling the boat?: ‘Bureaucrats are creating hurdles to progress on the Thar coal project’
Coal mining company exasperated by Ministry of Water and Power’s lack of cooperation.
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Dilly dallying: No move on CNG policy as stakeholders lock horns
Parties unwilling to see eye-to-eye on the issue of CNG prices.
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Pakistan to receive $700 million from US: Hafeez
Finance minister says Pakistan to pay two installments of IMF loans in early January, 2013.
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Real estate: Lahore property prices largely stagnant over the past 5 years
Some areas see a sharp rise, others see stagnation, even decline.
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Power shutdown: Textile millers plan widespread protests
Say millions of industry workers will take to streets.
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Garment manufacturer brings back investment from Bangladesh
EU concessions encourage Tauseef Enterprises to reinvest in Pakistan.
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US fiscal cliff, rising pressure on BOJ undermine yen
Dollar rises to 20-month high against Japanese currency.
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Bucking trends, Teradata invests in Pakistan
CTO believes Pakistanis are more agile with technology than Indians.
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Rural Sindh: Villages make first contacts with modern technology
Coastal development project aims to uplift small communities in rural areas.
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3G: PTA members squabble over hiring of auction consultants
Revised information memorandum for inviting bids not yet published.
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NBP says ready to finance IP gas pipeline project
Clarifies will do so only on directives from the State Bank.
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Incentivising investments: Petroleum ministry seeks 20-year tax break for Byco
ECC has already granted 7.5-year tax holiday to the country’s largest refinery.
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Customs officials ask for help in combating smuggling
Say business community should play a role as it is most affected.
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Efficient power cables help improve HESCO’s profits
With ADB-funded loan, company improves transmission network.
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Punjab’s industry defers buying cotton lint
Widespread power cuts hit textile production, exports.
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Market watch: Christmas holiday marks lull at Karachi bourse
Index closes with minor gains as investors stay away.
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Korean firms to invest $2b in hydropower projects
MoU signed for two projects with capacity of 1,161 megawatts.
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ADB approves $245 million loan for eight DISCOs
Loans to be used to curb transmission and distribution losses.

















































