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Governance matters: Slow implementation may cost $2.3b in ADB loans
Manila-based lender has threatened to suspend tranches for the loans if Islamabad does not get its act together.
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CEOs of BlackBerry maker Research In Motion resign
Founders and co-CEOs of Canadian telecoms company Research in Motion, Jim Balsillie and Mike Lazaridis resign.
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All is not good : Peace, a prerequisite for economic growth
Peace is not the absence of war but the presence of justice: Harrison Ford.
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Busting the myth: The perception of corruption in Pakistan
Mismanagement is a bigger factor in the current crises being faced by the country.
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The fast-track growth of foreign retail franchises in Pakistan
If consumers shop at home instead of going abroad, foreign exchange stays here too.
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Chasing a pipe dream: Three reasons why Thar coal will not save Pakistan
Pakistan’s coal reserves are in effect only the 134th largest coal reserves in the world.
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Missing the 2050 bus: Will Pakistan be a global leader, or laggard?
Countries like Vietnam are projected to overtake current leaders like Canada and Italy.
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Avoid using harmful chemicals: ICI
Industrialists advised to look for alternatives as exports may get hurt.
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Pharma giant presses on with investment despite general scepticism
Largest exporter, Getz Pharma setting up hi-tech biotechnology plant.
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Budding entrepreneurs gather to share novel ideas
Ideas like online doctor visits, food and fashion search engine discussed.
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Finance minister approves SECP proposal
Move aimed at boosting stock market activity.
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Deal breaker: Exploration company denied promised wellhead gas price
OGRA calculated price at $3.8 per unit, but offered $2.5 to the explorer.
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Weekly review: Bourse posts highest gain in more than two years
Index rocketed on expectations of capital gains tax relaxation and other positive news.
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High connections: David Miliband joins Pakistani private equity firm
Miliband served as Britain’s foreign secretary between 2007 and 2010.
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Lahore Stock Exchange hosts workshop
Brokerage house officials informed about latest techniques.
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16-hour outages: Sialkot industrialists to meet power minister
‘Power shortages have led to a sharp decline in exports’.
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Pakistan Software Export Board: IT representative body rejects allegation
NA committee levels charges against managing director.
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Unaware of money management: 50% people prefered to keep savings at home
SBP chief says financially literate people face fewer debt problems.
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Lowest bidders: Urea import contracts for 250,000 tons awarded
Commodity will reach country by the end of February.
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Genetically modified crops can help meet food demand
Agri expert for shifting from organic to GM crops to eliminate hunger.
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Online classified ad site expands footprint in Pakistan
New York-based company searching for country manager.
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Three days a week: Gas supply to industries restored, somewhat
Govt gives favoured decision after lobby threatened to defy orders and launch countrywide civil disobedience movement.
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Market Watch: Bourse surges 259 points ahead of Shaikh’s visit
Investors eye possible ease in capital gains tax.
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Free trade: ‘Pakistan, India both violating WTO rules’
Commerce secretary says New Delhi and Islamabad need to remove non-tariff barriers.
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Resolving circular debt: ECC approves Rs160b swap deal with banks
Central Power Purchasing Authority to make interest payments as deal likely to be kept out of the budget.
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Czech delegation to visit Pakistan in May
Envoy offers to hold conference on investment opportunities.
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Taking time: State Bank to announce monetary policy on Feb 11
Change in schedule to accommodate new data by Pakistan Bureau of Statistics.
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ECC likely to give five-year tax exemption to LNG operators
Petroleum ministry tries to get incentives in desperate attempt to cut gas shortage.
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State Bank unveils study on fan cluster
Banks will be able to better understand, provide financing to fan manufacturers.
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Burden: LPG producers absorb impact of hefty levy
LPG sellers withstood an increase in levy, by reducing porifce
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Mari Gas may get more money for exploration
Ministry to move proposal before ECC, overruling Sindh govt’s objections.
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Market Watch: Bourse falls as investors opt to book profits
KSE’s benchmark 100-share index drops 32 points.
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To the rescue: Another debt rollover to ease pressure on reserves
China expected to reschedule $500m loan provided earlier to support foreign reserves.
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‘Exports to Europe will soon go up 20%’
Much-awaited GSP plus status to be granted in February: TDAP chief.
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OGRA likely to reject high ceiling for gas theft, leakage
Consumers face additional burden of Rs12.5b per annum due to high UFG level.
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Textile mills to file case in Supreme Court
Industry has not got gas for continuous 25 days.
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First Intel-powered smart-phone to debut in China
US chip titan Intel announced it will move into the booming smartphone market with a China debut.
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Filter plants: Litigation puts the squeeze on ambitious water project
After signing a contract, the government invited fresh bids, says firm.
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Gone : OGRA chairman resigns
“Ogra is the most disorganised intuitions where nobody is willing to take actions and implement decisions,” Chairman.
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Gas project: ‘Pak-Iran pipeline to be completed by 2014’
Project expected to facilitate import of 700 million cubic feet of gas every day through the 2,100 kilometre pipeline
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Pakistan, India asked to step up cooperation
Indian expert supports technology transfer centre at border.
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Capital markets regulation: ‘Urgent’ bill languishing in Parliament for over 18 months
Legislation was required as a precondition to a $200 million ADB loan.
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IMF asks Pakistan to improve economic disclosure
Asks for quarterly reporting of national accounts and growth estimates.
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Market watch: Bourse surges 243 points as investors up their game
OGDC and Fauji Fertilizer close at their upper limit of the day.
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CNG sector: PM for allocating dormant gas fields
Agrees to duty-free import of machinery for producing Hydrogen CNG.
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As profits grow, State Life seeks global expansion
Insurance giant seeks greater presence in the Middle East.
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Energy woes: Gas company warns of drastic steps if Engro wins case
Supply may be cut either to residential consumers or defence institutions.
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Capacity building: ADB provides $513m for agri, energy projects
Soft loan to be used for construction of new Khanki Barrage and improvement of power transmission systems.
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Gaming the system: It pays to be a ‘professional’ at OGRA
Officials get significant salary bumps for completing MBA degrees.
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PIA employees move up in hierarchy despite fake credentials
Employees who were promoted from group four to five in the hierarchy were not interviewed and assessed.