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‘Stabilisation policies will continue next year’
Dar is targeting 5.5% growth for 2015-16, which is considered ambitious due to a tight fiscal policy he is following
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Pre-2004: ‘Lack of space’ reason behind dumping KSE records
Pakistan’s business history to see blank spaces; listed companies’ financial statements to be discarded
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The eastern route priority
CPEC is not a single project or route, but the question is which route to take first
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Facebook formally launches its limited-free internet service in Pakistan
Internet.org is now live in Pakistan for people on the Telenor Pakistan network, says Facebook CEO
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First step: Clean Development Fund gets licence from SECP
Move will help make Pak-EPA financially autonomous
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Belarusian investors facing harassment
Local partner making unfounded allegations against foreign investors.
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Facebook to bring its internet.org free-limited access to Pakistan?
Pakistan will become the seventh country to have this facility
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Export-import: LCCI, EXIM Bank to collaborate for trade facilitation
Basic objective is to help boost trade volume between Pakistan and US.
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Damper view: Fertiliser sales go up by 42%
Data reveals April figures lowest, pattern emerges.
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Value-added textiles: Apparel forum wants zero-rated status back
He also demanded the withdrawal of Gas Infrastructure Development Cess (GIDC)
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Keen observations: IMF warns country at delicate turn, says reforms must continue
Critical for authorities not to delay structural reorganisation: resident representative
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Fuel cost revision: Government to stop providing relief in power tariff
Argues domestic consumers are already getting a huge subsidy.
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Government allocates Rs194b for corridor projects
Allocations made to complete missing links on the trade route.
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Budget 2015-16: Govt proposes higher capital gains tax on traded securities
Plans to introduce additional slab with rate of 7.5%
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Market watch: Banking, cement stocks aid index’s 332-point gain
Benchmark 100-share index
ends at 32,942.59. -
Dar clears release of 85,000 tonnes of wheat for TDPs
Orders authorities concerned to complete the task by June 8
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Agriculture woes: Alarm bells ring for food security concerns
Speakers say pulses production decreasing.
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Conflicts: APTMA irked again, this time by GIDC
Says additional cost comes during time of liquidity crunch.
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Deposits and lending: Banking spreads decline to 10-year low
Averaged 5.57% in April; will reduce banks’ profitability.
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Ahead of budget: Exporters seek restoration of zero-rating facility
Huge amount stuck in refund claims has squeezed their finances.
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Computer industry: Association demands tax rationalisation
Calls for fixing duty rate at Rs3,000 on import of laptops, computers.
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Smooth trade: TIR Convention gets approval for legal framework
Will help establish transit system across borders.
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Pakistan proposes free trade accord with Belarus
Eastern European country interested in setting up auto assembly plants.
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Corporate corner: OGDCL receives AAA, A-1+ rating
The rating also incorporates the company’s sizeable market share and low financial risk profile
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Market watch: Index back to downward trend
Benchmark 100-share index loses 196.87 points.
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Livestock sector to show off in bid to lure investment
LDFA 2015 returns as Sindh Board of Investment pins high hopes .
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Budget 2015-16: Government pegs growth target at 5.5%
APCC approves major macroeconomic targets; better energy supply, competitive exchange rate to aid growth
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Food matters NA committee against increasing tractor prices
Urges govt to help farmers reduce cost of production.
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Fiscal Discipline: Brazil unveils cuts on IMF’s urges
Planning Minister Nelson Barbosa duly announced budget cuts of 69.9 billion reais
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Worldwide: BlackBerry to trim employee count
The company did not specify how many employees would be affected
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Bullish Trend: LSE-25 closes in black
Lahore Stock Exchange here on Monday witnessed a bullish trend by gaining 57.48 points
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Balochistan: Workshop for farmers concludes
The workshop was organised by PMAS-AAUR in collaboration with Food and Agriculture Organisation of United Nations
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Currency: Rupee stable against dollar
The rupee remained stable at 101.6/101.8 against the dollar in the inter-bank market on Monday
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EGO Pakistan: Energy exhibition to kick off on May 29
EGO Pakistan 2015 would be highly informative, rewarding and beneficial to the associated industry
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Reaction: Rate cut to facilitate easy access to bank credit
Businessmen welcome one percentage point cut in policy rate.
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Hurdles: WAPDA’s failure delays LNG deal with Qatar, says Abbasi
Minister points to WAPDA’s inability to open LC, establish payment mechanism.
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Budget expectation: FPCCI chief calls for focus on attracting more FDI
Says businessmen will not be able to bear further tax burden.
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Bilateral ties: Qatar needs skilled manpower from Pakistan
Ambassador stresses need of entering into joint ventures.
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Free trade: Exports to China grow 320% in first phase
Negotiations between two sides move into second phase.
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LNG terminal: Successful bidder’s bank certificate found to be fake
Matter to be decided by court, says SSGC board chairman.
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Budget 2015-16: APCC to consider Rs1.46 trillion development budget
Will be the highest in country’s history; recommendation will be sent to PM
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Company cheers to earnings: An intoxicating case of brewing profits
Murree Brewery witnesses phenomenal growth with share price increasing up to 400%
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Market Watch: Banks hit, but index recovers slightly
Benchmark 100-share index gains 101.60 points.
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Importance of international arbitration
As a first step, CIICA aims to build capacity among govt officials and the legal and business communities in Pakistan
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The Pakistani mango’s odyssey!
Japan’s trading partners in fruit had been using the process successfully for years. Now, it was our turn
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Lower interest rates
The low interest rate will help in reducing the cost of borrowing for most businesses as they seek to grow
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Cheap imports make poultry industry’s survival difficult
Some producers shutting plants, starting imports from Malaysia
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Promoting religious tourism: An untapped market
Revamping religious sites would contribute to national economy
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Biscuit battle: Exploring the Nan Khatai business
Leading producers bring conventional recipes in hygienic packaging
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Not a better choice: US pushes for expensive shale gas extraction
Idea looks unfeasible as many companies have already pulled out of Pakistan