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‘High profits encourage textile industry to shift to Bangladesh’
‘EU and other major markets give preferential treatment to Dhaka industry’.
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Increase of 3 to 6 per cent expected in oil prices
OGRA, however, has recommended no change in prices for February.
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Neelum-Jhelum project: Pakistan negotiating $448m loan with China
The loan would cover the rising costs of the hydroelectric power plant.
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Stand up for your country!
Few would know that Karachi is the ‘Philanthropic Capital of the World’.
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Inflation and erosion of quality in Pakistan
Price elastic demand has resulted in lower standards of production.
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Thar Coal – Energy security for Pakistan
Estimated reserves can fuel the country’s power needs for centuries, says the government.
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MFN and beyond: Wisdom of neighbourly foreign policy
Close pacts with regional countries hold key to economic dominance.
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Nandipur power plant: Country’s cheapest power plant suffers another setback
Chinese firm asks for increased payments to resume construction process.
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Health Issues: Central drug regulating body suggested
The country lacks a central drug regulatory authority since devolution of the Ministry of Health to provinces.
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Applications: Indonesian visa needs Justice Ministry’s approval
Indonesia asked to adopt Turkey model where having a past US or UK visa automatically qualifies for visa on arrival.
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UK diploma, steady income and a laptop, all for Hunar Foundation graduate
Hafeez is among graduates for whom jobs are being searched in Middle East.
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FBR faces uphill task of collecting Rs54b in five days
Receives Rs86.5b in taxes by Jan 26 against target of Rs140b.
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Apple store: Local firm’s facebook app makes $90,000 in a week
Friends Planet tops best charts list of iPhone apps in social networking category.
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Weekly review: Bourse shows glimpses of glory days
Finance minister’s visit to the bourse pushes index up 1.6%, volumes to triple figures.
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Fertiliser sales decline 3% in 2011
Engro increases market share with help of new plant.
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Italy, Spain interested in Pakistani meat products
Pakistan will purchase seedless citrus nurseries.
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Pakistan proposes export facilitating body
It will help export fruits and vegetables to Sri Lanka.
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Market watch: Stock rises as investors build position
KSE’s benchmark 100-share index gains 76 points.
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EU considers trade concessions for Pakistan
French ambassador says duty waiver will help develop local economy.
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National Refinery to adopt US technology
Company to produce 40,000 barrels of diesel per day in 2016.
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Corporate results: Lotte Pakistan profits take a stumble
Net profit falls 8% to Rs4.18b as company posts loss in final quarter of 2011.
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Unified tariff: Removal of cross-subsidy on gas proposed
Lifeline consumers, fertiliser plants may be offered direct subsidy.
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Mobilink unblocks Facebook for Blackberry users
Telecom develops filtering software to block blasphemous pages.
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The rise of Pakistan’s middle class: As crime rises, property developers beef up security
Punjab’s real estate companies offer more affordable units in their gated compounds.
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Despite hardships, PIA announces 17% growth
Incentives for for travel agents announced as PIA also reduces some booking charges
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LPG prices expected to rise next month
Rs9 per kg price hike likely after increase in Saudi contract price.
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Market watch: Stock market falls amid dismal activity
KSE’s benchmark 100-share index declines 66 points.
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‘Integrity, passion more important than skills and competence’
KESC CEO urges ACCA graduates to reverse brain drain in the country.
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Pakistan, India finalise three pacts to remove non-tariff barriers
LCCI brings up other factors that hamper trade ties including uncooperative officials.
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Pakistan 8th largest food consumer
Experts call for adopting international standards to avoid crop wastage.
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Corporate results: Fauji Fertilizer Bin Qasim profits jump on higher prices
Company beats market expectation by posting net profit of Rs10.8 billion.
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Financial services: Burj Bank’s aggressive marketing campaign yields growth, profits
The bank cleaned up its balance sheet, got more capital and is now going after more customers.
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Politically tough call: Ministry, NEPRA at odds over power tariff increase
Power ministry rejects proposal for including fuel price changes in tariff.
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Heart breaker: US says Pakistan cannot offer much in free trade
Islamabad asked to seek unilateral trade concessions instead.
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Trade ties: Pakistan, India finalise 3 pacts to remove non-tariff barriers
LCCI president brings up other obstructions to trade, including uncooperative customs officials and labour shortages.
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Pakistan Petroleum makes Rs20b in six months
The country’s second largest oil and gas explorer witnessed an upsurge of 21% in net sales to Rs45.3 billion.
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Request: Motorcycle dealers demand cut in turnover tax
Dealers were legally bound to pay 1% turnover tax, which was neither prudent nor sustainable.
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Top management: Nokia Pakistan appoints new general manager
Shafique who has 20 years of experience under his belt was previously head of sales at Nokia Pakistan.
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Buland Rana elected UNIDO’s external auditor
Pakistan has won election for three consecutive terms.
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Railways may buy furnace oil from open market
Oil purchase committees being set up despite increase in credit limit from PSO.
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Corporate Results: Pakistan Petroleum makes Rs20b in six months
Country’s second largest oil, gas explorer witnessed an upsurge of 21% in net sales to Rs45.3 billion.
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Mari Gas: ECC rejects increase in gas exploration expenses
Ministry of Petroleum & Natural Resources had submitted a summary seeking approval for raising the expenditure limit.
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Market Watch: Stock market falls on profit taking
KSE’s benchmark 100-share index declines 42 points.
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Farm productivity stagnant for 10 years
Lack of value chain, traditional methods termed main hurdles.
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Another blow: OGRA recommends ban on new CNG stations
Proposes hefty increase in gas price, taking it to 90% of petrol rate.
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India, Pakistan report progress on key pipeline
Reddy says Pakistan would also consider proposal to import Indian petroleum products.
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Telecom sector earns all-time high revenue in 2011
Revenue of telecom operators in Pakistan swelled to Rs363 billion in 2011, registering a boost of 5.4%.
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Oil prices higher in Asian trade
Tensions between Iran and the West were also supporting oil prices, analysts said.
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Energy body proposed to reduce ministerial tussle
Lack of coordination between ministries aggravating energy crisis.
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Corporate compliance requirements discussed
Speakers highlight features of eServices regime for companies.

















































