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Anti-trust law: Engro Vopak fined Rs10m for violation, PQA warned
Competition Commission asks Port Qasim to address concerns within set timeframe.
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PARCO increases LPG price
LPG marketing companies are expected to import over 6,000 tons.
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Market watch: Financial year starts on a low note
Volumes fall to nine-month low.
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Long-term financing: State Bank raises lending rates by 150 basis points
Borrowers will have to pay 12.5 to 12.7 per cent.
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Ministry wants more: ECC allows 13 per cent increase in gas prices for fertiliser plants
Some ministers oppose rise in fuel prices for fertiliser manufacturers, CNG outlets.
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Govt claims bullseye on tax collection target
Meeting the target may help restore the suspended IMF bailout programme.
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Managing the energy crisis: Gas diverted from CNG to industry, power sector
Petrol and diesel prices down, but kerosene prices stay the same as government increases taxes.
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CNG stations: Gas cut to create panic amongst commuters
Load management schedule to halt gas supply in the region thrice a week.
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Heavy lifter: Nestle contributes 26% to total KSE-100 gain
Consumer giant’s stock price jumped 228% in fiscal 2011.
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Fresh food items worth Rs50b wasted every year
Pakistan loses fresh food items worth Rs50 billion every year because of lack of preservation.
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Gas Price Hike: Move to have negative effect on industry
A 20 per cent increase in gas prices planned by the government is likely to have negative repercussions.
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Decision time: OGRA admits irregularities in relocation of CNG stations
Parliamentary panel to probe the scam to find out culprits.
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Pakistan, India: Petroleum committee fails to make progress
Indian companies keen to export oil to Pakistan.
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Market watch: Bourse gains in late buying
Benchmark KSE-100 share index rises 72 points.
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Forex reserves ease to $17.47 billion
Bank reserves rise to $3.45 billion.
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Devolution In Process: Sindh Revenue Board starts work today
Sindh Revenue Board, setup to collect General Sales Tax (GST) on services, will start functioning from today.
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Centre to collect sales tax on seven services
Notification will be issued after meeting with four chief ministers next week.
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Cutlery Sector: EDB to work on growth strategy to improve exports
EDB has started working on a developmental and growth strategy for the cutlery sector.
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Social Media: Pakistan flood fundraising app brings in $56
Despite more than 90,000 downloads, only $56 had been raised.
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Summit bank merger: SBP cancels licence of Mybank
State Bank cancels Mybank's license following its merger with Summit Bank.
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180,000 tons of palm oil may arrive in July
Country buys huge volumes ahead of Ramazan.
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Power companies: USAID to continue assistance
Power costs must be covered to address outages: director.
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OMCs’ licences: Suspension in Azad Kashmir, northern areas only, says OGRA
The six companies have 1,100 petrol pumps across the country.
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Market watch: Bourse gains in dull session
Benchmark KSE-100 share index firms 61 points.
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Initial public offering: Engro Foods targets Rs675m from share offer
Company to also take internal financing and loans for capital injection.
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‘Rich’ pay Rs300m in income tax
FBR notices to 22,000 force them to pay tax and file returns.
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‘Change of IMF head will not affect negotiations’
Pakistan is expected to hold talks for loan tranche in mid-July.
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OGRA warns of cancelling licences
Says companies are making hefty profits by charging high prices.
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Foreign buying falls 77% at bourse in 2011
International fund managers reduce exposure to developing countries.
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PM calls for strategy to meet energy needs
Instructs ministry to immediately prepare gas load management plan.
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Strengthening trade: Food exports rise 35% to Rs338 billion
Wheat gives 12% boost to export figures, rice exports fall 10%.
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LPG prices rise once again
Prices have been increased by Rs5 per kilogramme again.
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Market watch: Stocks drop hard on political tension
Benchmark KSE-100 index falls 102 points.
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Fertiliser sales flat
Increase in urea prices by almost Rs100 per bag also stood as a contributing factor in this decline.
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Agricultural output: ‘Bio-technology can increase productivity’
Its use in research is also very useful: Punjab minister for agriculture.
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Food sector gives highest returns at bourse
Five times more return than benchmark KSE-100 index.
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LNG import project attracts 17 companies
Selected parties will develop storage units and import gas.
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30% of bumper crop to rot
Agriculture sector suffering due to lack of storage facilities.
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Stock market review: Volumes drop to nine-year low
Bangladesh sees three times more volumes than Pakistani bourse.
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LTU issues notices to banks for freezing KESC’s accounts
FBR seeks recovery of default surcharge worth Rs152 million.
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Govt faces twin challenges before IMF parleys
Retiring central bank loans, power sector reforms key hurdles.
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Railways may run business train
PR in talks with Lahore Chamber to operate the service.
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Up, up and away: 10 to 100% increase in gas prices proposed
High-level meeting to deliberate on the proposal today.
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Looming power shortage: PSO threatens cut in oil supply
Oil marketing company asks KAPCO and HUBCO to clear outstanding dues.
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Land management: Agricultural policy in need of change
‘68% of population relies on agriculture for livelihood’.
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Logistical issues facing exports discussed
World Bank, industry for addressing inadequacy of transport network.
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Penalty can be cut for law violators: CCP
Regulator says leniency regime allows relief even after a ruling.
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Government to issue new stamp papers
Papers will have modern security features to check use of fake papers.
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Fiscal 2011 review: Rupee rewrites recent history, falls only 0.5% against dollar
Interest rate rose in first six months but left untouched since.
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Increasing reliance: More civil nuclear plants to be built
Gilani says nuclear power vital to reduce energy deficit.