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Sticking to tradition: Despite taxing at higher rates, FBR misses collection target
Without fixing the system, the govt can never achieve revenue targets.
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Why (not) so serious?: US keen to revive Bilateral Investment Treaty
Agreement still not approved after nine years as Pakistan objects to several US demands.
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Countering devaluation: Govt slaps temporary ban on gold import
Move taken to save foreign reserves as importers were smuggling the commodity to India.
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Price hike: Oil prices likely to rise by Rs4.99 per litre
Ogra proposes not to pass hike by adjusting rate of Petroleum Levy.
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SCB hires ex-Morgan Stanley banker for MENAP
Region contributes 80% of earnings; bank wants to focus on bigger clients.
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Businessmen want completion of motorway
The Hyderabad-Karachi highway is pending from the last four years.
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‘Innovation only way out for auto industry’
Parts manufacturers fear open trade will sink them with Indian imports.
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Corporate results: Growth at Meezan Bank slows due to shrinking spreads
Islamic banking giant announces profit of Rs1.9b for the second half of fiscal 2013.
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Top seat: Ahmad Janjua takes charge of PSO as managing director
PSO cannot afford to be complacent in response to the present and future business challenges, says Janjua.
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Market watch: Bourse continues on the correction path
Benchmark KSE-100 index falls 30 points.
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Engro Foods still going strong
The company managed higher profits despite drop in sales, faces slowdown in second quarter.
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Trouble on the tracks: Business Express blames patchy service on Railways
Pakistan Railways denies accusation that it is ignoring Pak Business Express’ demands.
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Correlated markets: Bond market signals downward valuation, end of bull run at KSE
Correlation between bond, stock market hints stocks tend to be bearish when bond prices go down.
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Equity injection?: Pakistan Steel Mills requests Rs17 billion handout
Asks government for money to pay salaries, free up supply chain.
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Urea Imports: TCP awards tender for 75,000 tons
TCP received 17 bids in total out of which 15 bids were considered valid based on the required criteria.
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‘We must grab a bigger share in halal market’
VC says Food Act must be implemented to stop food adulteration.
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Kick-start the economy
Best way to kick-start economy is to invest in projects producing the commodity in greatest demand: electricity.
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CGT collection stands at Rs1.25b in FY13
Clearing company gets almost half of the tax in 4th quarter.
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Power generation Punjab to spend Rs12 billion on projects
Power generating projects of 200 megawatts (MW) will be executed with public-private partnership.
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Khokrapar-Monabao border: World Bank asked to study trade promotion
KCCI suggests all facilities should be provided to boost trade with India.
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Urea makers fear decline in food production
Say weak urea demand can reduce wheat output, increase flour prices.
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Corporate results: Fauji Fertilizer stumbles after steep run
Company declares dividend amid drop in earnings and cash outflow.
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Market watch: A bump in the upward trend
Benchmark KSE-100 index falls 181 points.
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Vimpelcom sells Africa assets, eyes Warid: sources
Vimpelcom’s unit Orascom Telecom operates under the name Mobilink, and is the sector leader.
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Refineries reluctant to deposit deemed duty in Escrow accounts
Also fail to obey govt’s directives to upgrade their plants to comply with Euro II standards.
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Policy shift: Government plans to produce power from coal on a big scale
Power ministry seeks clearance for 9,800MW coal-run power plants.
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Development halted: Planning committee fails to meet deadline to review PSDP
About Rs3 trillion worth of programmes still need review as provinces disagree over share of budget.
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Debt trap – do we have any exit?
Government must prepare, revise debt management policy every year.
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Science, technology and Pakistan’s energy crisis
Energy shortage provides opportunity to build a 21st century innovation ecosystem.
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Energy efficiency key to resolving power crisis
Pakistan can increase available power by up to 20% by plugging leaks.
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Gadani ship breaking: a glimpse into the abyss
Labourers languish in one of the country’s most hazardous industries.
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Hack and crack: Cyber crimes and the monetary losses inflicted
In Pakistan, the securest new technology becomes vulnerable with ease.
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Forget roti kapra aur makaan: Why lifestyle products, not necessities, are driving inflation
CPI indicates the average Pakistani consumer is spending more on improving his existing lifestyle .
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Iran port agreement will help boost exports: Afghanistan
Iran will allow land-locked Afghanistan to use the port to export goods to India and other countries.
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Exporters ready to fund new agri-research
Say issues like diseases, low yield impossible to fix without research.
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Federal Board of Revenue allows relief in income tax on old cars
Due to confusion in finance bill, owners were taxed double for lifetime tokens.
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Investor Confidence: Citibank delegation calls on finance minister
Citibank offers expertise and services to the government of Pakistan for floating bonds and raising capital.
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People shift money from banks to real estate to dodge FBR
Prices of one-kanal plot have increased by Rs4m in some city areas.
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British-based bank: SCB runs second largest Islamic window in Pakistan
Islamic banking division head believes in 3 years share of Islamic banking within Standard Chartered will cross 15%.
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Project in limbo: Indus Refinery sponsor struggles to revive project
Refinery dormant as main sponsor has failed to woo suitable partners in the face of tough economic conditions.
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Weekly Review: KSE-100 closes the week flat after profit-taking
Index climbed as high as 23,871 points before slipping down.
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Pending in court: Jamshoro power plant fights for its land
Man accused of occupation denies ownership of proposed housing scheme.
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Pakistan must exploit mineral wealth: officials
The sector continues to be underutilised, contributing only 1% to the GDP.
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Honda Atlas beats analyst forecasts, posts impressive growth
Profit stands at Rs328m in April-June quarter against loss a year earlier.
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Market watch: Earnings fail to bring excitement as index falls
Benchmark KSE-100 index sheds 77 points.
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Transporters agree to lesser increase in taxes
FBR to take up the matter with finance ministry.
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Corporate results: Fauji’s positive earnings driven almost entirely by DAP
Financial results show nearly double sales compared to last year.
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Steel industry fears going bust due to tariff hikes
Asks govt to take stakeholders into confidence before taking decisions.
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Budgetary support: ADB asks Pakistan to bring house in order
Wants it to expedite completion of projects, reviews current assistance to Islamabad.
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Calling it a day: Canadian oil and gas firm decides to quit Pakistan
Low gas price is said to be a key reason for winding up company.

















































