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Low-cost housing schemes necessary for big cities, say builders
They believe proper housing facilities can reduce crime rate in the country.
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CNG stations to stay shut for 18 hours in Sindh
Sui Southern Co says decision taken after approval of station owners.
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Agricultural inefficiencies: Low sugarcane prices this year to lead to smaller wheat crop next year
Farmers demand at least Rs5 per kilogramme for their crop.
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Market Watch: Stocks fall in dull trading session
KSE’s benchmark 100-share index drops 88 points.
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Revised gas outage schedule: Fertiliser gets the better of industrial sector
Cabinet likely to approve gas closure for 4-5 days a week for industries today.
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APTMA urges govt to honor four days a week gas supply commitment
They say the government should review its priorities on gas supply immediately to save the textile industry.
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Microsoft to open ‘app store’ in February
It will take on Apple, Google in market of fun, hip, functional programs built for smartphones, tablets, computers.
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Thar coal: Pakistan turns down Indian businessman investment proposal
The offer was made by Indian industrial tycoon Lakshmi Mittal’s company, brokered through consultant firm in Dubai.
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Level playing field: Jute millers demand packaging ordinance
PJMA demanded government to promulgate a mandatory jute packing order as enforced in India, Bangladesh.
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Helping hand: EU-funded programme to support businesses
TRTA is upgrading service delivery system of government functionaries related to economic sectors.
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‘Foreigners driven away by terrorism, energy crisis’
Ambassador urges enhancing Pak-Swiss Business Council activity.
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FBR increases tax collection target
Federal Excise Duty goal has been lowered for December.
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Grey traffic: Around 40% international calls coming in through illegal channels
Operators find a way to route calls through local mobile numbers
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The collaboration that opened up EU for National Foods
Textile Institute research wing helps spices manufacturer up its quality standard.
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Circular debt: Money for oil and gas exploration dries up
Outstanding liabilities in the energy sector cross Rs444 billion, no solution in sight.
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Local per acre citrus yield half of India’s output
Two incurable diseases plague, threaten local industry: study.
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Explaining the spin-off: AkzoNobel gearing up to supply Middle East paint market from Pakistan
Dutch giant will sell off the ICI chemicals business and focus on its core competency in paints.
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Pakistan ranks second in Arabia Fast Growth 500 list
Turkey tops the list with 117 companies, Saudi Arabia at third with 40.
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Oil up in Asia on Iranian tensions
Brent North Sea crude for January delivery rose 57 cents to $110.51.
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Political opposition: India puts supermarket plan on hold
Landmark reform will open $450b industry to global players.
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Emerging country debt attracting investors
Following the Eurozone crisis the focus has shifted.
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Neelum-Jhelum project: Pakistan pushes China to release promised $500m
Wapda completes 28 per cent work on project which will now cost Rs333b.
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Tobacco production: Beating the average global yield
Pakistan’s share is still relatively low in total world production.
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Unauthorised use of billboards: Political parties fail to pay up
Sindh Outdoor Advertisers Association has launched a protest campaign.
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Women entrepreneurs: Self-employment is the best way to go
‘Corporate work routine is geared towards men and their perceived roles’.
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Derailed and deteriorating
Drastic action is required. We are seeing the complete collapse of a highly prestigious organisation.
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Election year: Provinces see budget surplus slashed by 600%
Spending spree see first-quarter savings of four provinces drop to Rs11.7 billion.
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‘Despite sensitive relations, US assistance to Pakistan stable’
Finance minister stresses on sustainable growth for the nation.
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Failed rescue act: Too many ‘visions’ for Pakistan
Panellists fail to agree on the best way forward for the economy.
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Farmers demand cheaper inputs, loans
‘Government must pay attention to agriculture improvement’.
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Industrial sector: SNGPL increases gas outages to four days
Supply level drops to 170 mmcfd against demand of 350 mmcfd.
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Weekly Review: Bourse drops amid tension after Nato bombings
Benchmark index drops 2.4% during a dull week.
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UAE Expo to be made an annual event: diplomat
Tremendous response witnessed from local businessmen.
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Thermal Energy Order: SECP seeks comments on draft
Regulatory body requests ICMAP to develop guidelines.
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Industries want gas to produce own electricity
KCCI writes letters to president and PM to address the power crisis.
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‘MFN status to eliminate local value-added sector’
Industry leaders say Pakistan cannot compete with India’s economies of scale.
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Sugarcane crop: Ban on cross-province movement demanded
Mills in Sindh were illegally buying sugar cane from Punjab.
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South Korea to set up $20m solar project
3MW plant to be built at Liaquat University Hospital.
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Niche market: Indian investors invited to Pakistan
Saarc CCI Vice President Tariq Sayeed invited Indian businessmen to visit Pakistan & explore investment opportunities.
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‘New Microfinance Strategic Framework to promote sustainable growth’
Policy’s effectiveness hinges on dynamism coming from the operators.
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Corruption public procurement: CCP to involve investigative agencies in crackdown
Cartelisation has become a norm in Pakistan rather than an exception.
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Stock market activity drops to 13-year low
KSE members hold meeting to discuss the massive fall in trade volumes and lack of participation.
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Market Watch: Bourse falls to five-week low
KSE’s benchmark 100-share index drops 185 points.
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Fertiliser shortage of 240,000 tons expected in December
‘Uninterrupted gas supply only way to overcome shortage’.
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Trend remains upwards: Inflation falls to 23-month low
This is the first time in five months that the month-on-month increase in inflation slipped below one percent.
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Imports in telecom sector up by 44%
The Federal Board of Statistics data reveals import expenses grew to Rs15.9 billion compared to last year.
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Forex reserves fall to $16.88 billion
Reserves witness downward trend since July 30 due to debt repayments.
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Investment conference: ‘flydubai shows impressive growth since launch’
UAE-based banks plan to expand operation in Pakistan.
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Rupee slides for fourth consecutive day
Bleak economic outlook, import payments remain top reasons.
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Economic Coordination Committee: Rs6 billion bailout for Pakistan Steel approved
ECC fails to take decision on sugar import and audit of fertiliser companies.