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Banks asked to provide quality services
SBP says ombudsman will protect consumer rights.
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Corporate results: Fatima Fertilizer performs better than peers
Manufacturer keeps gross margins intact despite falling sales.
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Rains delay wheat harvest
Farmers fear damage to crop, drop in per acre yield.
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Plan under study to raise power tariff by 12%
Subsidies for the power sector have spiralled out of control, say officials.
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Bureaucrats removed: Govt pulls plug on lucrative postings at mega schemes
New guidelines to be implemented to save millions of taxpayer rupees.
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Circular debt: Independent power producers feel the heat
Outstanding loans cross Rs200 billion while production levels drop more than 50%.
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Monthly revision: Ignoring OGRA, govt leaves oil prices unchanged
Regulator recommended a reduction in line with global trend.
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Pakistan placed on US top copyrights pirates list: Report
Pakistan added to the 'Priority Watch List' along with India, Russia, China, and Israel in 13 country list.
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Ignoring OGRA’s proposal, govt leaves oil prices unchanged
Regulator recommended a reduction in line with global trend.
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PARCO reduces LPG price
Retail price to fall by at least Rs5 per kg.
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Revival of Silk Route to benefit Pakistan: Chinese minister
Ai Ping claims the region can become a peaceful hub for transcontinental trade.
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The slow acting poison of plastic
Synthetic plastic use is an environmental time-bomb.
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Water: Destroying a vital natural resource
Wildlife systems and human settlements are endangered due to water pollution.
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Let us not encourage the brain drain!
Increasing income taxes will only mean that investments dry up.
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Misplaced priorities: Subsidies will only worsen the electricity crisis
Rs750m spent daily on subsidies should be used to ease circular debt.
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An insightful approach: At the KSE, digging through numbers for gold
Data trends show many interesting patterns to watch out for in the stock market.
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Commerce and Trade: Know your Shariah
Many Muslims overlook the finer points of Islamic law.
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From manufacturing to branding: Garment manufacturers operate with squeezed margins
Their products are sold by global brands at prices 3 to 6 times higher.
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Liberalisation of visas
Pakistan and India have steadily been making progress on a host of issues of common interest.
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Double-counting: GDP overestimated, may be slashed by 10%
Some goods and services were counted twice for last several years, sources say.
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India negotiating with Pakistan over fuel exports
Bhatinda oil refinery set up 100km away from Pakistan’s border.
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Energy conservation: Markets to close by 9pm
Traders’ body to ensure early closure of shops.
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Solution to energy crisis lies in short, long-term measures
Former finance minister says Kalabagh Dam can produce 4,000MW.
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Excessive spending: Planning Commission plans for the inevitable
Body recommends Rs51 billion cut to keep expenses within budget.
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From Engro to PTI: A look back and forward at Asad Umar’s life
Former CEO left a handsome salary at Exxon to join local giant.
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Weekly Review: KSE-100 finally crosses 14,000 points
Good corporate results, foreign inflows contribute to index’s gains.
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Conditions apply: Algeria wants govt-to-govt LNG export contract
Pakistan had explored the option after Qatar quoted hefty prices for the fuel.
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PAMA welcomes ‘fair’ investments
Says new entrants must be made to abide by existing terms and conditions.
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Sales tax proposal: All for one and one for all
FPCCI and ICMAP propose uniform sales tax of 9%.
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Corporate Results: SNGPL profits more than double
Gas theft and leaks drop by 18% in financial year 2012.
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Corporate Results: National Bank profits rise 14%
Fee and commission income declines by 5%.
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Corporate Results: Engro Corporation flips from profit to a loss
Fertiliser business cripples the local giant.
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Corporate Results: OGDC profits keep on rising with soaring energy demand
Explorer’s net profit from nine months of fiscal 2012 higher than earnings in entire fiscal 2011.
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Market Watch: Stocks range-bound as market consolidates
Benchmark KSE-100 index sheds 23 points.
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Industrialists switch to alternative power
Some have reduced operating costs through economies of scale.
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Petroleum ministry against PPL privatisation
Considers the company a healthy commercial enterprise.
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A slippery customer: Corporate sector ‘evades’ Rs415 billion in taxes
FBR chief asks the rich to sweep their own doors first.
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World Bank approves $550m for two projects
Loans will be spent on promoting education, reducing gas wastage.
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Unmet target: Shaikh wants PBS growth figure revised
Minister believes economy has grown by 4% instead of 3.2%.
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Pakistan seeks bids for Iran gas pipeline, despite US pressure
State agency issues tender inviting contractors interested in project for pre-qualification.
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WB approves education, natural gas projects worth $550m
$350 million approved for education sector reform program, $200 million credit for enhance supply of natural gas.
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Economic consequences: Markets brush off verdict, expect PPP to survive
The stock market had a mild scare but economists say their forecasts for 2013 remain unchanged.
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HUBCO profits rise 16% to Rs4.97b
Company’s revenues benefit from rupee depreciation.
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Suzuki profits touch five-year high
Country’s largest car assembler sells 30,642 units in three months.
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Builders agitate against high cement prices
Allege manufacturers creating artificial shortage.
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Fertiliser sales pick up, but still dismally low
Urea off-take improves 65% MoM, but down 37% YoY.
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‘Trade with India to benefit plastic, surgical and textile sectors’
Former ambassador outlines benefits of trade normalization.
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No credit: ‘Pay cash for furnace oil for power plants’
Ministry stops oil supply on credit as PSO receivables cross Rs200b.
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Market watch: Stock market stumbles after PM’s conviction
Benchmark KSE-100 index loses 152 points.
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Lucky Cement profits and foreign projects double
Company to establish cement grinding facility in Iraq.