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Mobile-government: much needed, but still alien
This innovative technology is deeply applicable to a country like Pakistan.
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Changing markets, changing tastes: The case of the Gakkhar durree industry
Many traditional crafts in the country are on the verge of dying out.
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Employment for children: KPT workers give two-week deadline to resume ‘son quota’
Workers suspend strike for two weeks on port trust request, warn of closure if they are misled.
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Private-Public Relations: Businessmen in caretaker govt welcomed
They said that the business representatives taken in the cabinet were well reputed and had vast experience.
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AJK approves new development schemes
Power, transport and education earmarked for investment.
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Cement industry denies existence of cartel
Claims it is operating at the lowest rate of return.
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Corporate law review project rejuvenated
SECP constitutes a dedicated secretariat to serve tailored regulations.
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Making up for lost time: Haleeb Foods starts recovery, but remains risk-averse
It can take years before company can recapture lost market share.
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Stability through dispersal: Diversification shields Indus Group from crisis
Spreading units across Pakistan protects company from energy crisis in Punjab and security situation in Karachi.
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Power sector: IMF expresses displeasure at rollback of reforms
Lending agency, Pakistan to hold talks early next month.
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Weekly review: Lifeless market manages to cross 18,000 points
Lack of triggers resulted in investors remaining on the sidelines.
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Improved techniques revolutionise farming
Educated farmers getting 100% more output than traditional ones.
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Agri experts call for a comprehensive food policy
Say access to food for the general population must be ensured at all times.
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Warid Telecom International initiates buy-back and consequent de-listing of shares of Wateen Telecom Limited
The Company has conveyed its intention to the stock exchanges in Karachi, Lahore and Islamabad.
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Seeking restructuring, Wateen sponsor offers shareholders a buyback
Minority investors offered premium as Abu Dhabi Group goes into recovery mode.
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Builders launch project, hope to attract corporate buyers
16-storey Marhaba Trade Centre to take three years to complete.
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Trade opportunities: Pakistan, Russia urge businesses to cooperate
Pak-Russia Business Council sees huge potential for bilateral trade.
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Inflation: Index up 0.49% during week
The SPI for combined groups was up by 0.49%.
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Informed customers drive banking sector
Competition forces banks to act according to customer needs.
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Tax collection: FBR reveals new online Taxpayer’s Facilitation Portal
Taxpayers, stakeholders and general public are encouraged to give online feedback and suggestions.
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Oil prices: OGRA asks govt to cut fuel prices by Rs1.8 per litre
After approval, petrol to be available at Rs101.27, HSD Rs107.76.
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Kharif season: Country to lose about 20% water to system leaks
IRSA says there will be no crisis as overall water availability more than last year.
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Market watch : Bourse on the course towards recovery, crosses 18,000
Benchmark KSE-100 index adds 96 points amid decent volumes.
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On the eve of May 11
Those who take office now will have to make a number of public policy choices to pull country back from edge of abyss.
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Smuggled vehicles: Amnesty scheme fails to achieve desired results
With three days left, only 10,000 vehicles out of 0.1m target have been registered.
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Bank Alfalah’s bonds four times oversubscribed
Fifth issue of bonds attracts Rs4.08b against target of Rs1.25b.
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Best seller: Indus Motor to unveil new Corolla by end-2014
High cost of production meant they could not manufacture any of the economy models.
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‘Conclusion of amnesty scheme will not directly affect car sales’
Indus Motor’s chief declares scheme as an erroneous precedent.
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Forex: Currency reserves fall to $12.37 billion
Heavy debt repayments to the IMF have been putting a dent in the central bank’s reserves.
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China reiterates desire to invest in energy sector
Trade and co-operation between both countries continues to grow.
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European company hopes to make inroads into heavy transport sector
MAN Group introduces truck and bus company to Pakistan’s markets.
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Byco demands end to freight equalisation margin
Says the refinery has not sought any investment guarantee.
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Construction materials: Scandal surfaces, alleging cartelisation in cement sector
Ministry of Industries had asked CCP to take notice of artificially inflated prices, but request was withdrawn.
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Market Watch: Investors still search for a ray of light
Telecom sector helps index gain 22 points.
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Drama in the State Bank: Deputy Governor likely to be sent packing by premier
Election Commission believes Wathra will hinder process of preventing bank defaulters from contesting polls.
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Revenue generation: Owners of NCP cars asked to pay duties by March 31
Government hopes to generate Rs2 billion in taxes if 3,500 smuggled or non-duty paid vehicles are legalised.
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Gas shortage: Fertiliser sector wants resumption of gas supply
Even with fast track efforts the long-term arrangement will not be completed before March 2014.
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Malakand tunnel: South Korea to fund construction
Malakand tunnel project will also reduce pressure of traffic on the Torkham road.
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Lahore’s real estate on the rebound
Realtors say investments made this time around are ‘genuine’.
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Envoy invites Pakistanis to invest in Sudan
Says embassy will provide all facilitation to interested businesses.
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OGRA likely to deny crude transport cost to Byco
Byco argues some other refineries are recovering the cost from consumers.
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Going private: For delisting, Unilever Pakistan faces a higher price
KSE says the consumer goods giant can delist for Rs15,000 per share.
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Ministry seeks input for food security policy
Organising a workshop to consider views of key stakeholders.
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Gomal Zam Power House completed
Gomal Zam Dam project now almost complete, power generation capacity increased.
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Analysts’ tips on absorbing shocks in bourses ahead of elections
Recommend portfolios comprising fertiliser, cement, and oil and gas sectors.
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Market Watch: Oil and gas sector helps bourse close in black
Benchmark KSE-100 index gains 54 points.
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Poor tax collection: FBR, finance ministry shift blame on to each other
Revenues have increased only 7% against required growth of 26%.
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Diamer Bhasha Dam, Gwadar port in quake-prone zone
Geological Survey says earthquake of high magnitude can hit the mega projects.
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National carrier: PR struggling to deal with deficit, create profit
Official says that the company was on its way to improvement.
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Trouble ahead: As loans fail to materialise, possibility of default rises
With not enough external funding to finance balance of payments deficit, forex reserves to come under great pressure.