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View from McLeod Road: The financial markets want better ties with America
Investors want assurance that Pakistan will remain connected to the global economy.
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Promotion 101: How to move up the ladder
Employees must learn the art of advertising themselves and highlighting their achievements.
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The illegal economy and its impact on global business risk
Mitigating the power of the privileged is difficult, but not impossible.
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Capital gains tax, high interest rates and uncertainty
Inflation is mainly due to supply side constraints.
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Jhimpir Wind Power: Pakistan’s first wind farm gets global recognition
Financial magazine awards Turkish firm for $136m project.
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Rental power saga: Court gives an economic paper instead of a legal order
Concessions, poor performance, high costs have been construed as evidence of corruption, according to Supreme Court.
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New programme?: Mounting foreign debt may need IMF’s helping hand
Islamabad discusses state of economy with the lender in Washington.
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Govt succumbs to revenue collectors’ strike
Controversial ‘special allowances’ reinstated for FBR employees.
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Rains affect cotton, wheat crops
Farmers to plant cotton again over 25,000 acres.
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Sales tax may be in single digit in few years
Govt considering exempting income up to Rs350,000 from tax.
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OGDC’s dormant fields: Centre moves to cancel gas allocation for Sindh
Province refuses to invest in fields, pay set wellhead price.
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Wheat storages yet to be built
Billions of rupees worth of crop to be kept in open spaces.
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Rise of the Pakistani middle class: Affluent buyers demand ‘lifestyle real estate’
Bahria Town began trend in the 1990s; now other companies are following suit.
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Weekly Review: Despite gains, KSE-100 fails to breach 14,000 points barrier
Stock-specific activity resumes with start of results season.
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Discouraging cable theft: FESCO to replace costly copper wires with aluminium
This will reduce company’s cost and line losses.
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New airport: PSO to establish fuel supply facilities
PSO announced it has been awarded contract for establishing fuel supply to New Benazir Bhutto International Airport.
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New microfinance bank to start operations
Waseela Microfinance Bank is subsidiary of Egypt’s Orascom.
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Unilever profits grow 16% despite tough times
Company profits grew more than growth in sales; margins improved as a result of cost absorption, price corrections.
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Corporate results: Shell in the red zone
Company posts a loss of Rs224 million during Jan to March 2012.
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Punjab wheat procurement delayed due to bad weather
Spell of rain has dampened crops, necessitating a halt to the harvest.
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US to finance agricultural projects
Move aimed at eradicating poverty and hunger.
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Garment makers bank on govt as exports continue to fall
Say subsidies are being cut for the labour-intensive industry.
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Market Watch: Market fails to gain momentum as stocks close flat
Benchmark KSE-100 index up 7 points.
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Iran invites investment in agriculture, tourism
Calls for sharing of experiences in science and technology.
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Unanimous decision: TAPI gas transit fee finalised
Final talks on the project to be held on May 24 in Turkmenistan.
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May 24 likely to be final meeting for TAPI pipeline project: Petroleum minister
Petroleum minister congratulates Pakistan and India on successful negotiations.
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Court order: NAB given 7 days to arrest rental power accused
Bureau’s prosecutor general says no need for arrests since all individuals are cooperating.
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Exhibition: Pakistani fabrics to be displayed in Jakarta
Members of Pakistani community are currently finalising arrangements for holding the exhibition in a befitting manner.
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Rice exports to Malaysia grow 244%
Pakistan exported 148,000 MT of rice to the country last year.
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Emaar Pakistan: 50th villa handed over in record time
Mirador is a Portuguese-style estate at Canyon Views in Islamabad.
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Restore trust to revive economy, says Burki
Economist for devising long-term strategy to achieve growth.
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Corporate results: Pakistan Oilfields profits jump 19%
Net revenue rose 21% to Rs22 billion during July 2011 and March 2012.
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Corporate results: Fauji Fertilizer Company, the shining armour of the industry
Company posts a profit, the only one expected to do so among all fertiliser manufacturers.
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Wheat harvest to start in Haripur this week
Farmers fear 50% of production target will be missed.
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Market Watch: Investors wary as market remains range-bound
Benchmark KSE-100 index sheds 8 points.
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Pakistan asks US to create fund for coal projects
Proposal prompted by donors’ reluctance due to environmental concerns.
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Back-door dealing: Legal loophole to be closed after banks dodge taxes
Tax rate of bank subsidiaries likely to be brought at par with its parent company.
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Under its wing: Govt plans to regulate LPG prices, waive GST
OGRA may set prices; gas from new fields to be provided to state-owned distributors.
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RPP case: NAB does not have authority to ask government for policy review, says SC
Orders NAB to ensure implementation of its orders.
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Pakistan upbeat on trade with India
Finance minister sees popular support for building ties with the neighbouring country.
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Pakistan to clock in 4% growth this year: Hafeez Shaikh
Shaikh says Pakistan budgeted for the loan repayments, most of which have been disbursed.
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Sales promotion: NIT sets up kiosk at FTC building
Another NIT kiosk will be organised at the PSO Head Office, Karachi, on April 18 and 19, 2012.
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Corporate results: DG Khan Cement profit jumps tenfold
Price hike of 25% single-handedly lifts profits.
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Kashmore: Wheat procurement yet to start
26 wheat procurement centres set up in Jacobabad, Kashmore since Monday, are purchasing grain at government rates.
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Refineries post mixed earnings
Attock Refinery proves to have a better mix than National Refinery.
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Opening up trade: Indian energy company offers technology transfer
Shows interest in joint ventures in manufacturing, energy conservation.
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A cashless or a less-cash economy?
Conference panellists discuss branchless banking and cashless transactions.
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Caught in the act: SECP sanctions Faysal Bank for manipulating stock prices
Regulator prohibits bank from trading at the stock exchange.
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Panel orders probe into irregular hiring in OGDC
22 officers were appointed in 2005 in violation of rules.
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Tax collection improves since unearthing of container scam
FBR collects Rs1b more every month with a sharp fall in smuggling.