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E-banking transactions up in value and volume
Volume of paper-based transactions goes down, value still up in 2014-15
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Prime minister urges support to agriculture sector
Wants all ministries to initiate measures faced by farmers
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Pakistan moves to pacify lenders, wants $1b loan
World Bank, ADB and Japan have withheld amount, want progress in power sector
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Businessmen irked by culture of stay orders
Say the legal recourse disrupts economy; fear worsening of situation.
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Removing hurdles: SECP to implement new inspection regime in Oct
Draft rules approved under 2015 Securities Act, public comments sought.
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Availing advantage: Dutch expert looks to impart training
According to Oosterweer, main cause of decline in Pakistani textile exports is lack of product range and innovation
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Under pressure, most funds post negative return
Performance of 16 was still better than drop in KSE-100 Index in August.
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Coal-based power: Letter of support issued for 350MW project
This will be Pakistan’s first project of its kind at Port Qasim
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Iran agrees to consider being part of CPEC
This will help strengthen border markets, upgrade roads and railways
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Inflation slows down to 1.7%, lowest since 2003
Continuously low inflationary pressure sparks fears of deflation.
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Fauji Cement’s earnings clock in at Rs4 billion
Revenues amounted to Rs18.6b, up 6.3%.
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Corporate results: Year-long crisis hits PSO’s profits
Company saw earnings drop 68% to Rs6.9b; new CEO takes charge.
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PIA, travel agency officials to come under the scanner
Cases of manually overriding ticket-booking system referred to FIA
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Market watch: Index falls despite foreign buying
Benchmark KSE 100-share index decreases 270.17 points.
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Millions of India's workers threaten 24-hour strike
Ten major unions have called the nationwide strike after recent talks with Finance Minister Arun Jaitley broke down
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Canada officially in recession in first half of 2015
The figures add to escalating fears about the health of the global economy, with world stock markets plunging farther
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UK to partner in CPEC, provide $121.6 million grant
It is for the first time that the UK will fund any infrastructure sector project in Pakistan
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Pak-US: Looking to enhance two-way trade
Lee said both countries should focus on developing sector-specific cooperation that would help increase two-way trade
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Textile Asia exhibit: Orders worth $150 million booked
According to PRGMEA Central Chairman Ijaz Khokhar, around 55,000 people visited the exhibition
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Corporate results: Pak Elektron’s earnings increase 84%
Profit surged to Rs2.13 billion in Jan-Jun period
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Private company looks to export 0.5m tons
Receiving subsidy proving to be a hindrance for exporters
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Systems Limited posts profit of Rs205.6 million in 1HCY15
IT company sees revenues increase by 28% to Rs1.2b
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market watch: Powered by oil, bourse marches north
Benchmark KSE 100-share index rises 279.04 points
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Risk management will improve once PSE is formed
KSE MD says no distinction between TREC holders of different locations
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CDWP clears Rs24.5b youth training programme
Gives its nod to over two dozen new development projects
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Top officials apprehended: Life at SSGC comes to a standstill
Three officials already taken away over corruption allegations
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Revenue collection up a little, tax hike up a lot
Increase in GST on petroleum products comes amid failure to meet tax target
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Gas prices to go up 3.8%, petrol prices down 3.9%
Decision comes following a worldwide fall in prices of petroleum products
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Pakistan's fake drugs markets sell medicines made of poison and brick dust: report
Drug Regulatory Authority has carried out raids to curtail the fake drug trade but the problems still persists
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New strategy required for tax-trapped telecom sector
Revenues at risk, customer base to shrink as telecom industry imposed with taxation
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Slowly and steadily looking to win the race
Railways eyes private partnership to improve quality of services
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India bid to halt Pakistan projects fails
Besides China, Islamabad should also focus on Central Asia
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China’s slowdown: Why another global crisis is not in the offing
Economies have far stronger capacity to weather such shocks
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A developing, but increasingly expensive service industry
Pakistan is seeing high inflation in the sector that is fast becoming dominant
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Unregulated data collection bane to policy decision
Govt’s outdated methods paralysing economy, leading to vast illegal networks
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Trade policy likely to meet the same fate as earlier ones
Pakistan needs to be part of global supply chain, promote regional trade and become a transit hub
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Suzuki to buy back shares as Volkswagen row settled
The ruling came four years after the Japanese small car maker attempted to end an alliance with the German auto giant
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A wonderful web
From a high-powered corporate job to a solo venture online
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Restructuring: Need to focus on value-added textile, says Dastgir
Falling exports serving as eye-opener, says commerce minister.
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Audacious move: China scraps loan-to-deposit ratio cap
Since 1975, no more than 75% of deposits could be offered as loans.
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Surge: Microfinance savings’ portfolio expands by Rs9.3 billion
Number of savers in April-June jumped to 13.1m, increases 28.5% Q-o-Q.
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Trade Policy Framework 2015-18: Irked business community says it was not consulted
Expresses concern over not being taken onboard for finalising policy.
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After January incident: Build storage facilities to counter fuel shortage, says Abbasi
Says space required to prepare for growing demand, wants higher quality petrol at outlets .
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Roadblock in the air: Legal hindrance unearthed in PIA’s privatisation attempt
Under the PIA Act of 1956, its shares cannot be transferred to any other party.
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Crisis in Greece: IMF’s Lagarde says restructuring should suffice
Also weighing in on China’s stock meltdown, she says slowdown was unavoidable.
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Auditing pension system: Minister orders probe of 600,000 ‘ghost pensioners’
Special panel to review system, point out malpractices, suggest remedial measures
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Weekly review: After disastrous start, market recovers most of its losses
Bourse recoups losses on recovery in oil prices, positive domestic developments.
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Food security: First meeting of NFSC remains pending
World Food Organisation keen on extending financial support
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Brunei keen on enhancing trade ties
High commissioner expresses wish to deepen trade relations
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Corporate result: Indus Motor’s profit up 135%
Earnings recorded at Rs9b during FY15; somewhat below expectations