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Horticulture trade: Pakistan’s modest share in global exports ‘shameful’
Infrastructure, R&;D key to enhancing growth: FPCCI official.
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Auto sector records growth of 30% in Jan-May
All three companies post double-digit rate of increase.
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Brokerage and investment arm: Dawood Hercules Group sells Elixir Securities
Move in line with company’s strategy to focus more on energy and agriculture
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Market watch: Correction, political noise dominate as index ends lower
Benchmark 100-share index falls 189.89 points.
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PIA continues its flight in the red
Incurs loss of Rs32b in 2014, first-quarter result shows loss of Rs1.94b.
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Ramazan package: ECC agrees on Rs3 per kg subsidy on sugar
Decides to reduce sugar, ghee and oil sales on utility stores.
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The irony: Cost to collect tax higher than tax collection
Report by TRC says 21 field formations collected Rs64.3b of total income tax of Rs1.3t
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Sharing the financial cake
Govt needs to urgently call meeting of CCI, discuss responsibility redistribution among center, provinces, local govt
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Towards tax reforms?
The FBR is where the restructuring needs to take place first before it can be expected to bring about positive change
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Concessionary loan from China: After Metro bus, Lahore could see Metro train
Ecnec to review proposal which suggests govt seek concessionary loan from China for the project
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Urbanising India best bet for Chinese steel
India is the best bet for Chinese steel mills
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Energy crisis: PM to inaugurate 100MW solar energy project
Qauid-i-Azam Solar Park, Bahawalpur has been completed at the cost $131 million
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German textile show: Pakistani companies to participate in exhibition
The two trade shows will attract a total of 1,662 exhibitors from 54 countries
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Sugarcane cultivation area shrinking continuously
Supply of tube well water has decreased due to power shortage.
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Protection: Steel industry wants additional duty on imports
The govt had imposed regulatory duty of 15% earlier this year.
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Accord signed for first Thar coal-based plant
One unit of 660MW project will start power production by Dec 2017.
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Market watch: Gains turn sour as index ends marginally red
Benchmark 100-share index falls 6.43 points.
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Corporate results: Byco Petroleum on recovery road, posts profit of Rs414m
Improved refining margin plays key role in turnaround during 1QCY15 .
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Gas distribution companies: ECC dismisses call for margin collection on LNG supply
OGRA argues gas utilities are already receiving 17% return on assets.
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Year 2014: Sindh posts lowest growth in personal deposits
Its share stands at 30.4%; G-B takes lead in growth of personal advances .
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The mini-budget addiction
If govt is not allowing debate on changes to tax policy,how can it claim that its decisions have a democratic mandate?
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Fall in commodity prices pushes inflation further lower
CPI hits 2.1%, sparking expectations of another interest rate cut
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Dairy industry under threat: Milk powder imports rise with no safety and health checks
Experts call for increasing duties to discourage imports, shield investments
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Muslim demography: Promoting high-net-worth individuals in Pakistan
Country should develop vibrant Islamic asset, wealth management business
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A statistical look into Pakistan’s foreign friendships
US, EU regions largest partners in terms of trade
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Pakistan-China Economic Corridor: a cost-benefit analysis
Greater gain may lie for China via Gwadar as its Maritime Silk Route
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Auto design, manufacturing: Team Nayyer–the dream of a 7-year-old boy
Company working on three-wheel car, sidecars and pickups
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Beyond the horizon: Defying odds, expanding exponentially
Dubai-based IT entity’s tailor-made solutions leaving a global mark
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Joining in: ADB puts weight behind Asian infrastructure bank
Lending institution says support available as long as standards are met.
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Half a century: Buffett celebrates 50th year at Berkshire
Berkshire’s annual meeting is Omaha’s top annual draw other than baseball’s College World Series
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Heavy Electrical Complex: Distorted details surface in privatisation deal
Minutes of the meeting reveal transaction was finalised by one vote.
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Market gain: 15 out of 22 mutual funds outperform benchmark index
Comes as welcome relief after each one of them had posted negative return in March
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Scrutiny: Tax Reforms Commission looking to tighten the noose
Proposal to confiscate domestic assets of those who have offshore tax havens.
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Bhoja Air: Founder files suit for not receiving full payment
Purchasing conditions also not met, says Bhoja in petition
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Oil supply: Government wants to keep PSO-PNSC contract intact
Shipping company faces accusation of delay in bringing oil cargoes
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Weekly review: Stock market falls slightly amid volatile trading
Engro Fertilizers’ SPO, suspension of trading in KASB Bank shares impact investor interest.
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Oil market: Prices slide before weekend
Brent North Sea crude for June delivery lost 42 cents to stand at $66.36 a barrel in London just after midday
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Japanese care service Seniors to receive specially-equipped iPads
Will remind them to take medicine, advice to find service centres.
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Complaint registered: Energy crisis crippling textile sector
Industrialists cite withholding of Rs50b tax refund as another reason for lack of progress.
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SBP to consider enhancing daily, monthly money transfer limits
Is looking into new regulation; likely to be extended to more telecom operators.
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Punjab borrows $50 million despite cash surplus
Has been signing foreign loans without federal approvals.
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Lucrative market: Fashion industry: a serious business
Sector takes driver’s with rise in standard of living.
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PSM fails to get past 30% production capacity
ECC had set 77% capacity utilisation target for January this year.
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Services delivered at home: Blue-collared jobs now go online
Sukoon.com.pk launches portal on Labour Day.
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At the helm: Engro Elengy’s Haque takes up reins of PSO
His appointment sparks debate among employees, industry players
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Piecing together the CNG to LNG story
Natural gas story, from its discovery to its depletion, must not, be construed as a story of progressive use
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Pakistan, China, India on US intellectual property priority watch list
There were new and longstanding concerns about IPR protection and enforcement
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LNG: CNG sector complains of delay in imports
Paracha alleged that a conspiracy had been hatched in a bid to give undue benefits to some influential people
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Foreign exchange: SBP’s reserves increase to $12,565m
SBP’s liquid foreign exchange reserves increased $201 million
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Corporate results: HBL profits bump up 63%
It comes on back of higher-than-expected capital gains.