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The right message
We applaud KESC’s efforts to get both individuals, as well as large institutions like PSM, to pay their bills.
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Prerequisites: Minister for planning stresses on stability
Pakistan wants to improve bilateral relations with US based on trade, says minister.
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Transport: Railways starts new freight train
To enhance the freight operations of Pakistan Railways, number of locomotives has also been increased from nine to 24.
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UBL Fund Managers plan to double company’s size in three years
AMC’s CEO says assets under control growing 25% annually.
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Helping out: Government to give loans to new businesses
SMEs at the forefront of new economic strategy: Dar.
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Results season: Cement industry expected to outperform all others
Likely to post 10% growth in fourth quarter of FY13.
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Market watch: Market continues upward hike
KSE-100 gains 314 points to end at 23,415 points.
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Unions threaten to protest against PIA privatisation
Will approach court to prevent stake sale to private investors.
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To the rescue: Govt vows to fix ailing power sector in three years
Energy policy will be country’s boldest attempt to solve energy crisis, says new energy minister .
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Acting Pakistan Steel Mills CEO to take charge today
KESC restores power supply to mill’s residential areas.
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Investment inflow: Chinese firm to pour $6b into energy projects
Of the total, $2b will be invested in Karachi ventures but no details yet.
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Questions for Pakistan’s politicians and partners
Policymakers, development partner must tear down ‘bric’ walls of bureaucracy, regulation, interventionism,...
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The Pakistani Warren Buffets
It’s about time our writers document our financial history by writing books on great Pakistani companies.
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FBR notifies: Tax relief for writing materials, dairy items
Raw materials of these goods to enjoy waiver of 17% sales tax.
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Market watch: Market rebounds following Wednesday’s dip
Oils and cements pull KSE-100 up 120.25 points to end at 23,114.97.
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Exchange rate: Depreciation of rupee irks businessmen
The average dollar value against the rupee has touched an all time low of more than Rs100 against a dollar.
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Campaign launched to promote Islamic banking
SBP says industry should be growing at a faster rate.
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OPIC CEO visits bourse to reiterate investment support
Says pace of investment depends on documentation, due diligence.
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KESC cuts Steel Mills’ power over payment row
Wants Rs550m immediately, while PSM wants to pay just Rs250m.
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Corporate results: Byco Petroleum incurs Rs1.46b loss in July-December 2012 period
Revenues, on the contrary, jumped 251% suggesting that company was able to operate its troubled 35,000 bpd refinery.
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New taxes deal a blow to all-important real estate development
They say taxes will increase price of already expensive housing units.
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Going up: Bahria Town Islamabad plot prices shoot up by 80%
Property sellers single out amenities major selling point.
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Government can raise Rs233b through privatising units in its portfolio
If the government wants to attract viable bids, the right time to privatise the companies, listed or unlisted, is now.
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Offer derailed: Govt refuses to take on $112m Pak Railways debt
Believes it will set a precedent for other enterprises to follow.
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Fly away: Producing planes in Pakistan
CEO of the only lightweight aircraft maker in the private sector says he has identified a market already.
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Power crisis: Nawaz welcomes private ventures in energy sector
PM appreciated the construction of 84 megawatt run-of-the-river project by Laraib Energy.
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SBP adopts global standards for investment sukuk
Compliance may attract investment to Pakistani-issued Islamic bonds.
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Construction: Lowari Tunnel to be completed in three years, says NHA
The project could not be completed in October 2008 as planned.
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Iran wheat deal to be finalised within weeks
Pakistan wants to ship 0.1m tons as partial payment for power imports.
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Govt asked to book people behind energy crisis
Dialogue participants hit out at policymakers for failure to foresee rise in demand .
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OGDC holds meeting with contractors on Uch-II project
Project to come online in nine months to supply gas to 400MW Uch power plant.
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Foreign direct investment: German investors express interest in Pakistan
Two separate delegations look at energy sector, port Qasim for investment.
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Export market: China opens up for Pakistani mangoes
Pakistan signs agreement on sanitary requirements for mango exports.
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Market watch :Cements, oils pull KSE below 23,000 points
Benchmark KSE-100 index falls 166 points.
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Diamer Bhasha Dam: WAPDA seeks proposals for consultancy services
Issues Request for Proposals to three pre-qualified consortiums.
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Better late than never: Air Indus finally primed for take off
Gets Airline Operating Certificate after weeks of delay.
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Govt to sell state-owned companies, including PSO and Pakistan Steel Mills
It is not the government’s job to do business, says Board of Investment chairman .
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Reforms: IT minister advises revision of telecom policy
The board discussed the annual budget of the fund for the year 2013-14.
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ICCI lauds PM’s orders against power theft
Asks govt to install smart meters, launch nationwide campaign to control theft.
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Engineering pavilion being set up at Expo Pakistan
50 leading companies to showcase products at the exhibition.
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As investors buy dividend-yielding stocks, analysts advise otherwise
Say buying stocks cum-dividends unwise, especially before results.
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With debt clearance, PSO likely to earn Rs4 billion in fourth quarter
Oil marketing company expected to declare Rs6-8 per share dividend.
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Market watch: Engro’s gas supply quandary pulls KSE down
Despite banking sector’s and PTCL’s rally, index falls 11 points.
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Corporate results: Broadband business drives PTCL on the road to continuous growth
Despite declining revenue from ICH, telecom giant posts profit of Rs7.68b, and announces payout.
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Energy crisis: Confusion, mismanagement abound at Guddu Power Plant
Plant operating at a third of its capacity, with blasts and fires common.
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Cigarette smuggling causes loss of billions
FBR comes into action to stem sale of smuggled brands.
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Too hot to handle: Govt rejects shale gas price, terming it ‘too much to absorb’
PPL, Eni have calculated that price should be $14 per mmbtu.
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Nurturing entrepreneurs
Despite being a nation of risk-takers, we are not a nation of entrepreneurs — because of our financial landscape.
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Dar to visit Lahore Chamber to address businessmen’s grievances
Minister, businessmen discuss sales tax, access to bank accounts.
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Businessmen perturbed as power shortfall widens
Ask govt to focus on constructing small hydropower projects.

















































