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Centre to provinces: Project aid depends on increase in agriculture tax collection
Finance minister says hiding behind the constitution will not yield results.
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‘No marked improvement in economy likely’
Govt asked to impose tax on middlemen and elite.
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Engro merges business with social responsibility
Teaming up with USAID, helps farmers recover from the flood.
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WAPDA plans to upgrade 1,000MW Mangla Power Station
Move part of strategy to maximise ratio of hydropower.
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French groups invited to participate in bond issue
Participation in privatisation, power also offered.
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Market watch: Bourse gains amid strong volumes
Benchmark share index rises 52 points.
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Japan lifts 16-year ban on Pakistani mangoes
Country to import the fruit from this year.
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Oil and gas sector: Tax collection may fall short of target
Analyst terms govt’s collection target ‘ambitious’.
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Textile mills to operate during gas outages
Say gas company not taking action against unlawful usage.
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CNG stations: No gas supply for two days
SNGPL claimed that the suspension was part of a weekly gas load management programme to overcome energy shortages.
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Mayday: Filling stations run out of petrol
Staff at filling stations said stocks had finished as oil marketing companies were not making fresh supplies.
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Petrol shortages: Govt takes urgent steps
Marketing companies asked to supply all stock, gas outages reduced.
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MCB Bank to train Iraqi bank staff
Rasheed Bank desires to adopt innovative banking technologies.
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Regional trade: Cordial ties pivotal for economic prosperity
Fahim urges roadmap to boost trade and survive challenges.
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Financial assistance: Cells for addressing growers’ problems formed
Divisional administration has established complaint cells to readdress complaints of farmers acquiring loans.
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Breakthrough: Pakistan, India likely to ease visa restrictions
Next round of high-level talks scheduled for August.
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Market watch: Stocks surge amid healthy volumes
Benchmark KSE-100 index gains 103 points.
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Halal exports: UAF inks deal for exploring new avenues
Thai and Pakistani food research institutes sign MoU to explore halal food science.
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Mashaal LNG project comes to a halt due to mishandling
Inquiry report blames LNG-II project for long-term project controversy.
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PM for early agreement on free trade with US
Promotion of economic activities urged.
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Petrol: PM for ensuring smooth supply
PM directs that all refineries be asked to work at full capacity and ensure swift supply to all areas.
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Govt warns firms that licences may be cancelled
Marketing companies are required to keep stocks of oil products for 20 days.
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Punjab eying Rs20.5 billion foreign money
Province sticks to claim to not take aid or grants, but plans to go for loans.
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Mineral sector: Only 54% funds utilised from total allocation in fiscal 2011
Govt to formulate National Coal Policy in upcoming financial year.
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At odds once again: Centre, provinces at odds over uniform farm tax rate
Provinces deny agriculture tax collection rights to FBR.
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Punjab set to unveil Rs650bn budget
Upcoming provincial budget expected not to feature any new taxes.
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‘Pakistani products popular in Sri Lanka’
Colombo to increase investment, says diplomat.
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Rice, cotton: Punjab provides certified seeds to farmers
70,000 tons of rice and 40,000 tons of cotton seeds provided via notified sales points and registered dealers.
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Banking publications: Booklets to help banks boost lending to SMEs
SBP-IFC booklets cover 10 sectors which will expand and create jobs.
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Strengthening ties : Pakistan, Tajikistan establish banking links
KASB Bank plans to provide microfinance, mobile banking in Tajikistan.
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Energy efficiency: Pakistan can save massive energy through conservation
‘Almost 25% energy conservation potential exists in every sector’.
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Countdown begins again: PEPCO extends deadline for KESC for ‘dues payment’
If oil supply remains stable, outages will not increase.
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Positive response: Karachi businesses welcome budget
Acknowledge the presence of tax thieves within the business community.
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Telecom services: PTCL to invest Rs16b in next five years: MD
Company to introduce super-speed internet soon.
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Market watch: Bourse declines 25 points, averts major slide
Analysts expected the market to plummet following the budget.
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Inflation: Sensitive price index rises 16%
Prices of 22 items increased last week.
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Deficit stable despite rising energy costs
PM denies gap between demand and supply of energy.
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Bond float: Roadshows planned in key financial cities
Privatisation Commission announced that it will undertake roadshows in five countries to raise $500 million in bonds.
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FBR declares war against tax evaders
Defaulters use political connections to pressurise tax officials.
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Banking made kosher: Russia enters world of Islamic finance
Socialist nation hopes to break new ground with sukuk offering.
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Budget full of contradictions: FPCCI
Govt promises another hard year for businesses and the poor.
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Why FBR has failed to raise the tax to GDP ratio
Tax collection needs to be revamped as the economic scenario changes.
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Beginning of the end: Blackberry continues to lose ground to Android and iOS
BB is allaying the customer demand for touch-screen phones by rolling out its own touchscreen sets.
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Talking business
Do seven hundred thousand new taxpayers, assuming they even come, really add up to documentation of economy.
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Budget comment: Energy crisis needs to be tackled head-on
Pakistan’s growth potential is being wasted because of power shortage.
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Change of focus: Shunning the security paradigm for development
There needs to be a change in the way we look at our relationship with the US.
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Budget coverage misses the mark: What on earth is ‘relief’?
Journalists continue to focus on the wrong issues when covering the economy.
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Banned Products: China increases list of tainted imports
China has greatly increased the number of banned imported products from Taiwan.
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Chrysler: Fiat offers $125m for Canada’s stake
Marchionne said a public share offering for Chrysler was more likely in 2012 than this year.
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Budget 2011-2012: All eyes on the centre, but provinces matter too
It will be the further distribution of the provincial budgets which will make a difference to lives of citizens.