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India, China's rivalry and a tale of two ports
A key factor driving India to promote the port in Iran is the growing anxiety over the all-weather Gwadar port.
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Cutting costs: SBP allows banks to send e-statements
SBP allows banks to replace paper-based statements with electronic ones.
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Competition Commission : 32 orders, 219 show-cause notices issued in 3 years
Jute mills association pays Rs16m in fines.
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Appointment: Adamjee Insurance changes CEO
Adamjee Insurance Company Limited has appointed Manzar Mushtaq as Chief Executive Officer.
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Country needs big energy projects
Ambassador stresses on greater joint ventures.
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Forex reserves stay strong at $17.5b
Exports, remittances continue to prop up national kitty.
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Netherlands pledge assistance in training for Balochistan
Ambassador stresses on greater joint ventures.
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Investment seminar in Malaysia planned
Top-ranked Pakistani companies to woo Malaysian investors.
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Intel launches second generation of processors
New technology to enhance performance, save power.
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Cotton : Govt to fix target at 15 million bales
Scientists urged to produce high quality Bt varieties of cotton.
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Pakistan among highest corporate tax regimes
Flood surcharge takes effective tax rate to 40.25%.
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Govt’s dividend collection below target
Once reliable energy sector not so reliable anymore.
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Market watch: Stocks rise on strong investor interest
KSE 100-share index gains 76 points.
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Increase oil prices up to 16% or pay Rs8b subsidy
Finance ministry official hints at taking a midway course, similar to the last decision.
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Traders express fear over security
Trade community threatens to protest if situation not improves in 10 days.
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Textile industry: 'FBR to restore zero-rated status'
Finance minister likely to finalise amendments on March 26.
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Personal security top concern for Karachi business community
Mounting lawlessness affects performance of corporate firms.
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FAO sees Pakistan's wheat crop at 24m tons
Global production expected to rise While Pakistan and India are expected to improve their wheat harvests this year.
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Fibre dumping hurting local industry
Competition Commission finds no monopoly in polyester staple fibre industry.
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Agriculture products: 'Exporters fail to find new avenues'
The lack of vision and knowledge is the main reason that Pakistani exporters have yet to reach out.
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Tech giant enters Pakistani market
Greater smartphone, tablet computer options available to consumers.
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Investigators suffering from absence of law
Lack of cooperation from telecom companies allowing criminals to escape unpunished.
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Japan's loan disbursements dry up
Only 14 per cent of earmarked amount received during April to December 2010.
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Legislators call for crop insurance policy
‘Public subsidy programme needed to encourage insurance provision’.
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Adamjee Insurance profit tumbles 79 per cent
AICL under-performs due to declining investment income and higher claims in core portfolio.
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Paraguayan ambassador eyes greater investment
Paraguayan ambassador urges cooperation in cotton sector.
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Pakistan lagging behind in wheat productivity
Officials advocate adoption of modern farming techniques.
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Lesco controversy: FBR taken to court over Rs3b tax notification
Lahore High Court issues stay order.
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Malaysia to support Pakistan in Halal sector development
Official emphasises on compliance with global standards.
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Market watch: Selective buying helps KSE gain 113 points
Foreign investors re-emerge as net buyers.
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Higher tax regime: Cement and fertiliser prices rise
Fertiliser and cement prices raised by manufacturers following the imposition of increased sales tax.
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Anti-trust body fines DHA and Wateen Telecom
Agreement with telecom company prohibited competition in the area.
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Taxes unlikely to affect farmers: Analyst
Agriculture sector accounts for less than one per cent of government revenues.
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Islamic Development Bank pledges $3 billion loan
Cash-starved government resorts to short-term loans after Western lenders halt assistance.
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Government starts issuing notices to tax evaders
Tax dodgers given a month to pay due amount and file wealth statements.
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Traders cancel import orders as violence grips Karachi
Major bazaars forced to close, traders threaten shutdown.
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Tea imports touch Rs17b
If smuggled tea is included in formal imports, Pakistan will become the largest importer in the world.
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Mercantile exchange increases trading hours
Commodities market to operate for 21 hours now.
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Wagha border: Indian traders demand route to Central Asia
Businessmen emphasise need of maintaining trade ties with Pakistan.
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Stocks tumble as investor confidence stays low
Foreign selling and Karachi violence keep investors sidelined.
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EU trade concessions: Turkey may offer similar package
16% of Pakistani textile exports to be excluded from safeguard measures.
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Russia to establish mining companies
Russian companies are considering taking stakes in reserves of oil and natural gas for exploration and production.
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The gold standard: A golden anchor in stormy economic seas
As the US economy slows down investors are turning towards gold.
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Passing the buck: Govt in a fix on rising oil prices
Refineries’ margins likely to be hit as government looks to shore up its revenues.
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Filing tax returns: Not quite ready for the IT revolution
In Pakistan, it is best to do it the old-fashioned way.
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The week in focus
Prices of goods, particularly necessary edible items, are increased at will and goods are hoarded to create shortage.
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Corporate suicide: Self destructing on the job
The unstable job market is something that holds back both employees as well as corporations.
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The culture of pessimism: Why businessmen lie to make things sound worse
The least reliable source of information about the state of the Pakistani economy are its businessmen.
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Electricity theft: Power loom owners stage protest
Power loom owners and workers stage a protest rally in front of the Faisalabad Electricity Supply Company.
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Revenue: Excise duty increase notified
The Federal Board of Revenue has issued a notification announcing an increase in the rate of special excise duty.