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Pakistani company to provide apps for Indian tablet
Pepper.pk says that it will develop apps to support the Indian made low-cost Aakash tablet.
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AdSense: Google cracks down on Pakistani websites
Content counterfeiting and dodgy methods of maximizing ad revenues result in AdSense account suspension.
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High coal prices threaten brick kiln business
Coal rates in Quetta surge to Rs11,000 from Rs7,500 per ton.
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LNG importers: Better gas distribution network demanded
Member Gas Ogra Mansoor Muzaffar’s statement raises eyebrows.
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Power companies asked to implement projects in pipeline
PEPCO for action against defaulters to recover dues.
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First quarter: Foreign investment plummets 49%
Security problems and chronic power shortages in the country put off long-term investors.
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Export processing zones to reopen ‘dead industrial units’
Exclusive zones for China, Turkey and Bangladesh under study.
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Corporate results: HBL beats market expectation
HBL and the Attock group posted higher net profits for the first nine months of 2011.
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Market watch: Bourse ends flat on mixed triggers
KSE’s benchmark 100-share index falls 13 points.
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Trade with India: Unrestricted export of farm products suggested
Dealers propose joint marketing of mango by India and Pakistan.
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Off-target: ECO likely to miss deadline for free trade area
Member countries have yet to finalise list of concessionary items which can increase trade by 800%.
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The week in focus
Elimination of power theft, building large dams, completing gas projects with Iran are long term solutions for energy.
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Pakistani ICT firms should tap South African markets: CEO InfoTech
Pakistan’s ICT companies are competent to cash in on untapped markets of South African countries: Naseer A Akhtar.
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LPG Policy: SC disposes of plea against LHC stay order
Supreme Court asks government to approach Lahore High Court for the case.
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Yarn market faces crunch as local and international orders decline
Merchants invest in other businesses; voluntarily keep away from yarn.
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Natural disasters disrupt global supply chain
Thai floods curb production of cars, electronics.
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Money matters: The backbreaking side of Hajj that no one talks about…
The strain on one’s pockets and the economy can be alarming.
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Privatising power companies: Nishat and Crescent interested in buying FESCO
Faisalabad’s electricity supplier is one of the most efficient state-owned power companies.
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Opening doors to India: Trade liberalisation must be gradual says automaker
Indus Motor CEO says any radical change will hurt auto industry.
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Gas stations to observe 12 hour closures from today
Stations to close at midnight, to re-open at mid day.
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Barclays launches junior account
Account to give special offers in stores like Mothercare and Liberty Books.
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Board asked to swiftly process wind projects
Draft of renewable energy policy sent to Council of Common Interests.
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Crisis: Gas deficit likely to widen 59% in three years
Pakistan to face 2,385 million cubic feet per day (mmcfd) deficit with 1,496 mmcfd in the current fiscal year 2011-12.
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Terminal manufacturer under fire for environmental degradation
Environmentalists oppose building of coal, cement and clinker terminal.
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Network access rules: Gas Port accuses OGRA of favouring one importer
Regulator denies charge and invites comments from stakeholders.
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Weekly review: Discount rate cut sparks rally at bourse
Volumes increase 66 per cent as KSE-100 index gains 134 points.
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Fiscal woes: 53% of foreign receipts may get blocked
Termination of IMF loan, patchy Pak-US relations put question mark over release of funds.
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Govt waived goodbye to Rs1.09b in loans
Finance minister provides NBP accounts in written answers to the lower house.
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FPCCI: Hike in electricity prices criticised
FPCCI says instead of abrupt price hike of power, gas, petroleum products, government must check “theft” of resources.
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Petroleum consumption falls to eight-month low
Furnace oil and high speed diesel lead the way.
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Alternative Energy: Plan to encourage investment
Qamar said the draft of the alternative energy plan has been sent to Council of Common Interest (CCI) for approval.
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Deal signed to improve investment climate
Focus will be on area around Port Qasim.
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Cement prices likely to rise again
Rs15 per bag increase expected in a day or two.
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SSGC policy anomaly: ‘Captive power plants being supplied with gas, despite ban’
Gas distributor violates govt’s management policy.
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Work on Diamer-Basha Dam to start next week
Compensation to be given to displaced people over three years.
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Market watch: Stock market gears up for result season
KSE’s benchmark 100-share index gains 21 points.
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Insurance claims: Banks receive Rs778m, but keep growers on debt list
‘Lenders never waived off loans of flood-affected growers’.
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Banks to observe five-day working week
SBP says selected branches will remain open on Saturday to facilitate customers.
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Gas outages may rise to 60 days this winter
Ministry says supply to fertiliser plants will be stopped for a month.
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Pakistan starts producing Japan’s rice variety
Targets to export 100,000 tons of ‘Japonica’ to Japan.
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Pak-Iran project: ‘Gas pipeline to bring industrial revolution’
Potential savings of billions of dollars on import of urea and furnace oil.
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Foreign agencies not to be given access to border management system: Malik
New IBM systems designed to keep record of all passengers at transit points, aiding arrest of terrorists, traffickers.
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Two-day holiday: Interior ministry issues notification
Office timings from Monday to Thursday will be 8 am to 4 pm.
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Govt likely to sack OGRA chief
Sadiq is accused of misconduct and corruption.
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Forex: Reserves fall to $17.17 billion
Foreign exchange reserves hit a record $18.31 billion in the week ending July 30 but eased due to debt repayments.
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Strengthening ties: Textile industry to upgrade Tajikistan’s mills
Pakistan in the initial phase, would import 2,000 tons of cotton from Tajikistan, which would be increased in future.
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Port Qasim Industrial Area: Increasing car theft cases trouble foreign manufacturers
National Highway’s security remains in shambles.
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Punjab allocates Rs22b for water management
Targets European markets for high-quality agricultural products.
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Dispute over software: Agility files case in international tribunal
Commission seeks Pakistan’s response to appointment of arbitrator.
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Jet fuel sales to be hurt the most
Govt decides to ban exports of petroleum products to Afghanistan.