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Banks give yet another strong performance
MCB, UBL, Bank Alfalah all posted profits.
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Gas company proposes cut in supply to industries
Industries will have to switch to alternative fuels in winter.
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Corporate results: Cement industry giants post solid gains
Upward trend of the industry is expected to continue thanks to higher cement prices, exports to India, Afghanistan.
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Motorcycle industry witnesses a steady growth
Stable policies pivotal for the development of the sector.
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Market watch: Bourse ends flat after gaining 100 points
KSE’s benchmark 100-share index crawls up 8 points.
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Relief pill: Petrol price likely to fall by 5%
Global market eases as refineries resume full operations after maintenance work.
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Yahya Ameer likely to take the helm at PSO
He is the strongest among three names being sent to prime minister.
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Butterfly effect: In Thailand’s misery, Pakistani rice exporters see profit
Damage to Thai crop likely to increase demand for alternatives, may raise global prices.
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40% citrus production wasted every year
Poor harvest and lack of disease management major factors for the loss.
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Govt asked to buy and export surplus cotton
Country earned $13.8 billion from textile exports last year.
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Power firms demand tariff increase of Rs1.76
Regulator accepts application for hearing arguments.
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Rupee to see turbulent times ahead: report
Local unit likely to reach Rs94 against dollar by end of 2012.
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Cooperation: Pakistan, China explore ways to expand investment
Pakistan seeks Chinese investment for sectors such as energy, telecommunications, infrastructure and port development.
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Exchange to launch wheat futures contract
SECP says this will give demand, supply and price signals to policymakers.
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Auto Parts Show: ‘Exports of automobile parts generate $80 million’
Indus Motor announces new model of Hilux.
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Administrative control: Metro Cash and Carry to take over Makro in January
Deal has been finalised with Metro buying all Habib Group shares in Makro.
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Cutting out the middleman: Global food giant to buy Pakistani rice directly from the paddy
Contract farming arrangement likely to result in higher yields, higher margins for farmers.
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More than a helping hand: Iran offers to provide 10,000MW
Neighbouring country also proposes to set up a refinery and provide oil on long-term deferred payment.
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China ‘years from convertible yuan’ despite reform
US claims currency still grossly undervalued and controlled.
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ICAP awards passing accountants
Speakers urge students to stick to ethics.
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The week in focus
Foreign investment dipped 49 per cent in the first quarter of the current financial year.
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Reviving Pakistan IPO market
Govt has been the biggest beneficiary of an expanding capital market.
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Retail chains: Lack of trained hands stops supermarket’s forward march
Dearth of skilled managers holds Naheed Supermarket back, despite locally recognisable brand.
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Free market: New rules of trade, do more to get more
To compete, we need to be better, cheaper, faster.
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USAID programme helps save millions
Project may be extended to other districts.
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Comparative advantage: American buyers still prefer Pakistani apparel
Locally grown cotton, cheaper labour and developed industry bring in US business.
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Agriculture investments: The smart money is betting on the Pakistani farm
Venture capitalists, merchant bankers and large conglomerates are all piling in.
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Flood Victims: EPZA dispatches relief goods
Truck with 9,500 bags of relief goods dispatched to lower Sindh on orders of Parvez Elahi.
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Cotton production increases 13%
Punjab’s share in total production surges 57%.
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Ministry to explain levy on LPG
Levy was imposed ‘without proper legislation’.
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Exporters fetch record orders worth $517 million
Large number of business meetings held with foreign traders in Expo Pak.
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Life insurance: Technology investments drive growth at Pak-Qatar Family Takaful
Company obsessed with improving its customer experience in growing market.
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Fruits of restructuring: Tax officers are now competent, says FBR chief
Regional offices to form committees to address business issues.
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Weekly review: Corporate results fail to lift stock market
KSE’s benchmark 100-share index sheds 463 points as foreigners continue to sell.
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Economy crisis: 'Budget deficit more than Rs600b'
FBR chairman says Pakistan is running on loans and everyone will have to pay tax to steer it out of current crisis.
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Reko Diq reserves: Mining aspirant serves notice to provincial government
The two sides now have 120 days to meet and reach an agreement.
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Flour mills closed due to old wheat, high prices
Millers say food dept supplies protein-deficient wheat stock of 2009.
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Large Indian market awaits exporters
Most of the foreign buyers were seen visiting apparel and leather stalls on the second day of the Expo.
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Order: Court issues notices to industries minister, SITE MD
Court orders the Sindh government to ensure that they were sent back to the parent departments immediately.
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Shell switches to profit from loss
Shell Rs284 million did post a loss in the third quarter of 2011 due to lower sales volume and oil price volatility.
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Corporate results: National Refinery surprises market
Overall gross margin fell 300 basis points to 4% in the period under review compared with 7% similar period last year.
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Investment: Chinese company to generate 10,000MW
Three Gorges Corporation will spend $15b by 2020 on different projects.
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Sybrid to establish modern contact centre
Aim is to attract foreign investment, create jobs.
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Network Microfinance Bank: New owners keen to buyback listed shares
Lahore-based investors already hold 82%.
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Market watch: NRL loss and selling pulls down bourse
KSE’s benchmark 100-share index falls 160 points.
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Cement exports drop, but sales to India surge
Local demand grows 12 per cent in first quarter.
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Energy, security challenges not insurmountable: UK diplomat
Deputy high commissioner hopes bilateral trade will reach 2.5b pounds in 2015.
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Gross domestic product: Agriculture’s share drops from 60% to 22%
Large-scale migration to cities and lack of technology cause decline.
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Development work: Projects worth Rs343 billion approved despite budget cut
Central Development Working Party okays 79 projects.
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Reko Diq: TCC files notice of dispute against Balochistan government
The Balochistan government is reluctant to grant the mining lease to TTC.