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Four companies replaced in KSE-30 Index
It is based on review period of July 1 to Dec 31, 2015
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Jamshoro coal power plant: Work yet to begin as project delay enters third year
ADB report says construction is not likely to start until first quarter of 2017
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Special report: The future of Pakistan-Iran relations
Will Iran emerge as Pakistan’s major trading partner after the lifting of international sanctions?
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Oil deals: The expected hit to smugglers
Most of Balochistan has no fuel pumps, relies on illicit oil flow from Iran
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Trade with Iran: Areas Pakistan is looking to tap
Five-year bilateral trade roadmap seeks diversification
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Fate unclear: Though most sanctions gone, oil trade still uncertain
Many refineries have long-term contracts with other crude suppliers
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Treading with caution in trade with Iran
Banking channels to be established, but transactions in dollars to be avoided
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Is the end of cash nearer than you think?
Pakistan has skipped one step, moving towards digital payments
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App shakes up earthquake science by turning users into sensors
Can give early warning of a quake to populations without their own seismological instruments
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Stalemate: Continuing to suffer from economic stagnation
Lack of investment means GDP growth has remained range-bound
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Pakistan’s food, beverage exports to UAE increase 27%
Gulfood exhibition will give sector further push, 90 local companies participating
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‘Greek banks won’t need further recapitalisation’
Fulfilment of capital plans have eliminated any need for it, says ECB official
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Rebound: Oil prices rise more than $3 on hope of output cut
OPEC ready to cooperate with other producers on trimming output
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Picture perfect: Google to shutter Picasa
Focusing on Google Photos to provide more functionality
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Carmakers refuse to slash prices despite weaker yen
Dismiss call from engineering board for immediate cut in car prices
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Government eyes Gulf for wheat export
Target countries include Saudi Arabia, UAE, Qatar and Kuwait
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Weekly review: KSE-100 plummets 1,014 points as global markets crash
Losses were witnessed across the board led by banking and oil sectors
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Balancing with inflation: BISP beneficiaries’ stipend increased by Rs66 per month
Comes after UK’s body conditioned £60 million grant on cash increment
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Tourism: PTDC and NATCO ink MoU
Tourists booked by NATCO will also be entitled for 10% discount on room charges of PTDC
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Upgrade required : Stress laid on use of modern equipment
Official wants farmers to keep pace with technology
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Currency: Rupee weakens against dollar
Thanks to IMF and other assistance and growing remittances sent home by overseas Pakistanis
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Week-on-week: SPI falls 0.15%
During the week, average prices of 18 items fell in a selected basket of goods
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Manufacturing: Railways finalises PC-1 for 250 coaches
The PC-1 has been forwarded to the Planning Commission for approval
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Corporate results: Al-Ghazi Tractors posts Rs1.6b earnings in 2015
Earnings up 1.1%, delay in subsidy causes declining sales.
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Govt doles out Rs274m in subsidy on sugar export
Shipments lead to artificial shortage, price rise in domestic market
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Market watch: Index closes below 31,500 as bank, cement sectors take beating
Benchmark KSE-100 index falls 356.38 points.
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Fertiliser companies resist urea import
Influx meant to bridge demand-supply gap, push prices down
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Australia offers LNG supply to cope with energy shortages
Will assist Pakistan in sectors including agriculture development, energy, exploration of natural resources and IT
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Close to 450 FBR officers transferred in 3 months
New management continues to play musical chairs, questionable officials promoted
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Pakistan-Egypt ties: Envoy highlights construction, tourism as potential areas
He said the CPEC will have positive implications for Egypt as it would lead to easy movement in Suez Canal as well
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Foreign exchange: SBP’s reserves continue to fall week-on-week
The SBP received $918 million in November from multilateral, bilateral and other official sources
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Skills-development university in the pipeline
Will be established in Islamabad, meant to cater to job requirements
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Govt seeks to revive trade deal with China, Central Asia
Economic corridor to prove instrumental in forging vital links
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Pakistan to sign five more LNG agreements
Pakistan will receive 3 LNG ships every month this year and next, number of vessels will increase to five after 2017
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Market watch: Volume goes down as index falls 324 points
Benchmark KSE-100 index settles at 31,820.54
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Gold demand remains flat, slight uptick in last quarter
Amounted to 35.9 tonnes in 2015, increases 0.84% year-on-year
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Resolving disputed claims: TRC recommends Federal Tax Ombudsman be given duty
Complex laws, poor assessment orders, audit objections causing issues
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Sindh demands its share in gas infrastructure cess
Centre appears to have spent entire amount on budget financing
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Car sales continue to shoot up
Increase 57% YoY in first seven months of 2015-16
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Govt clears 19 projects as austerity takes a back seat
Despite scarcity of resources, CDWP clears over one and a half dozen new projects costing Rs54b
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Attock Refinery turns things around
The company reported a net profit of Rs1.02 billion or Rs12.07 per share during the second half of 2015
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Bilateral ties: Malaysian envoy asks businessmen to do more
LCCI official says free trade deal has not proved useful for two sides
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ABL earns Rs15.1b profit, 0.7% higher
The net interest income of ABL amounted to Rs34.6 billion in 2015, up 30% from a year ago
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Corporate results: Pakistan Oilfields’ profit down 31%
Company reports Rs3.67b in earnings during six-month period
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Attock Cement’s earnings increase to Rs1.15b
Profit is up 12.5% during July-December 2015, result slightly above expectations
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Market watch: Index weighed down by oil, banks
Benchmark KSE-100 index falls 299.61 points
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Pakistan’s trade gap broadens to $13.7b
Despite plunge in global oil prices, trade deficit is $564 million higher than one in comparative period, last year
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Diamer-Bhasha Dam: 70-80% of land acquired, remaining to be bought soon
Special monitoring teams save Rs2.7b due to effective measurement
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Remittances sent by overseas Pakistanis reach $11.2b
Represent 5.98% rise compared to same period of previous year
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Ministry of Commerce: TDRO draft to be introduced in parliament this year
Proposed law will help resolve international disputes effectively