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UFG benchmark stays unchanged at 4.5%: SSGC
Company says no additional cost Rs18b imposed on consumers.
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Overseas workers send home $13.9b in 2012-13
Remittances show 5.5% growth over previous fiscal year.
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PSO clears overdrafts with all banks
The oil marketing giant now has Rs2.1 billion in surplus cash.
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Tax reforms: Pakistan calls on UK to help revamp tax machinery
As part of the new IMF bailout package, Pakistan needs to expand the tax net and boost revenue collection.
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Greeting Ramazan: Dar calls for a nationwide price control mechanism
District price control committees and ramazan bazaars to be activated.
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Calculating capital balance: SECP issues guidelines for stock brokers
Step taken to ensure consistency in reporting net capital balance.
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Development: Chinese engineers set to resume Nandipur project
The Nandipur Power project was scheduled to be completed in 2011.
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Government set to raise power tariff by up to Rs5 per unit
Day time domestic usage rates set to go up to Rs8.59 per unit, night time rates to climb to Rs14.70.
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Market Watch: Banking, cement help KSE continue bull run
Benchmark KSE-100 index jumps 356 points.
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Indonesians, Pakistanis urge enforcement of PTA
Agreement may boost trade volumes three-fold, say businessmen.
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A little faith goes a long way: Why corporate Pakistan thinks the future is bright
Opportunities abound in the coming investment period.
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Incoming funds: Analysts ask govt to put home remittances to good use
Tax fears, mistrust of govt keep overseas Pakistanis away from incentive schemes.
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Boulton Market: a scarred vestige from a bygone era
As area rattles with gunfire, shopkeepers struggle to keep businesses going.
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Attock Petroleum stock price on an uptick
Shelved Chevron acquisition, improved cash flows attract buyers.
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Shaukat Tarin says IMF programme to bring stability
Ex-minister defends decision to take recourse with international lender.
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Vote for me!: Pakistan seeks EU support for $7.3b loan request
Asks European nations to vote in its favour in the IMF board meeting.
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Stabilising economy: Pakistan seeks $2bn more from IMF
Finance minister predicts ‘bumpy road’ ahead for national economy.
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Railways: Karachi Express suspended over lack of locomotives
Hazara Express, which is suppose to travel from Karachi to Havelian on Tuesday, has also been cancelled.
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Agricultural sector promotes biotechnology
NFS&R minister believes biotech crops vital to agriculture’s future.
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Silkbank to spread Islamic banking network
Launches Emaan Islamic Banking to provide Shariah-compliant solutions.
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USAID celebrates partnership with mango growers
Third Mango Conference showcases potential in sector.
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Dar stresses on microfinance as key to economic growth
Two-day summit will discuss local and global trends in microfinance.
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Market watch: Moody’s credit outlook sets bullish mood
Benchmark KSE-100 index climbs 187 points.
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Pakistan bourses: Data-sharing websites still reeling from 2008 market crash
Number of visitors to such sites is directly proportional to stock performance.
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Bank of Khyber falls short of 100-branch target
Will continue to invest in the province, especially in housing schemes.
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Microsoft to help Pakistan fix IT infrastructure
Set to unveil national broadband highway plan in a month.
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Long-term investment: Hubco plans switch to coal with $800m investment
Looks for a contractor, believes power cost will drop 50%.
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Electricity tariff hike: Bulk consumers to pay more as govt seeks to build funds
However, final approval to the tariff hike will be given by PM in the next energy committee meeting.
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Still in its infancy, mobile banking has major scope for growth
Only 12% of population has access to formal financial services.
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Online shopping shows steady growth
With the boost in e-commerce, small businesses will also start selling goods online.
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Pakistani demographic: A mouth-watering prospect for telecoms
If you are over twenty-five, chances are you are not on Facebook.
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Cheaper handsets, 3G to push social media penetration
Will continue to remain a predominantly urban phenomenon.
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Zong would be wise to buy Warid
If Ufone snaps it up, China Mobile will be dwarfed by its competitors.
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Broadband demand to grow with auction of 3G and 4G licences
High-speed internet will attract investment, increase smartphone usage, boost growth of local IT content.
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Analysis: IMF bailout could help, but it probably won’t
The bureaucracy is too busy protecting its own interests to protect those of the nation.
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Taking it a notch up: Relatively new university IBA Sukkur ranks third best
Director says despite its rural location the school has managed to achieve a milestone.
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Weekly Review: Index rounds off first week of FY14 with significant gains
IMF deal, premier’s visit to China and lower inflation figures fuel optimism at bourse.
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Oil and gas sector stocks in the spotlight
Prices surge as OGDC converts receivables into investments.
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Renewable energy: KESC, Aman Foundation to set up bio-gas plant
Plant will be used to convert waste into electricity and fertiliser.
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New service lets you contact anyone in the world, for a fee
Directly.me launches its services in Pakistan, along with the rest of the world.
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Fruit exporters to respond to disease, pest concerns
Exporters say govt has been taken on board to improve supply chain.
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Telecom sector: Telenor unhappy with higher taxes, tighter regulations
CEO says recent developments weaken the business case for 3G services.
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Safety hazard: As a precaution, OGRA stops gas supply to 350 CNG stations
Stations were operating in residential areas and posing a threat to people’s safety.
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An opportunity and a risk
We sincerely hope Finance Minister Ishaq Dar impose the growth-oriented vision he promised in his budget speech.
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Lala Textiles promises ‘something unique’ for the Indian women
Well-established textile firm ventures into the Indian market.
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CLARIFICATION: WAPDA says Diamer Bhasha Dam still top priority
A spokesperson says Wapda is executing Diamer Dam as a priority project.
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Retailers’ conference underlines need for entrepreneurial spirit
Need for training at the grassroots level highlighted.
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With focus on Karachi, Sitara Chemical may earn record profits
Earnings have already grown 64% to Rs756m in nine months of FY13.
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Enough dillydallying: Govt gives 10-day deadline to settle row with Etisalat
UAE telecom firm has yet to pay $800m for purchase of PTCL shares.
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Telecom: IT minister allays industry’s fears over Universal Services Fund
Minister assures telecom sector fund will not be used to pay off circular debt.

















































