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Luxury or commercial vehicle?: FBR fails to decide Hummer’s category
Fate of millions of rupees in taxes remains unclear in a case despite lapse of four months.
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No forced power outages in industrial areas
Lahore power company says those involved in theft to be punished.
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Telecom sector's revenue generation slumps by 30% in first quarter
Analysts say revenue generated by telecom and broadband operators was comparatively low due to decreased consumption.
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Pakistan secures two gold, five silver awards at APICTA 2011
The Pakistani team had 18 products competing with 162 products from the Asia Pacific region.
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Trade liberalisation with India divides motorcycle industry
Assemblers welcome the prospect of shorter supply chain; parts manufacturers afraid of the competition.
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Coal to keep burning on strong Asian demand
Fossil fuels are not going away, despite the push for green energy.
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World Trade Organisation: 10 years of unfruitful Doha talks, time for a relook?
Some of the biggest economies feel the talks will never be fruitful.
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The week in focus
Opening up of trade and thaw in ties between Pakistan and India have been dominating headlines for the past two weeks.
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Gloomy forecast: Ratings agency Moody’s to discuss India outlook
Assessment of sovereign credit rating to be on the agenda.
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Resolving circular debt: The bond market likes Asim Hussain’s plan
Issuing govt debt to pay liabilities seems the obvious solution, except in Islamabad.
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Resolving the energy crisis: Pakistan to renegotiate IP gas pipeline deal
Potential savings of $100 billion over the next 25 years from TAPI and IP projects.
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Pakistan offers cut-price JF17 fighter jet at Dubai Air Show
"You can buy three of our aircraft for one F-16" says Chaudhry Ahmed Mukhtar.
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Germany sends bilateral treaty for EU approval
Under BIT, investors of both countries will be given protection and there will be more German investment in Pakistan.
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Free market: Calls for more WTO-style reforms in China
Investment summit to focus on possible benefits to foreign, private investors.
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Chinese trade fair: Pakistani exhibitors secure orders
Sell goods worth RMB 5m despite tough competition.
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Rabi Crops: President orders timely supply of fertilisers
Zardari has directed provincial government & NFC earlier this week to arrange locally produced fertilisers to farmers.
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Supply chain: Pakistan fails to adopt global standards
Farmers asked to follow accepted international agricultural practices.
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Weekly Review: Stock market gains 82 points in dull sessions
Investors stay away as activity drops 73% to 44 million shares.
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MFN Status: Automobile industry assured of protection in liberal regime
Parts manufacturers oppose import of finished products from India.
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Transit trade: Banks refuse to provide guarantee for Afghan trucks
No Afghan carrier has entered Pakistan for over a month to lift cargo.
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Economic boost: India to work on preferential trade with Pakistan
Foreign secretary says trade normalisation process to be taken to logical conclusion.
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Orient Mills builds new plant for $6 million
Wet processing plant expected to create 2,000 job opportunities.
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Customs: Collectorates to remain open on Saturday
FBR said its custom collectorates will remain open at designated State Bank and National Bank branches on Saturday.
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MFN status win-win for both cement industries
Export of surplus Pakistani cement to help cover shortage in India.
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Energy demand: ‘Operate non-functional gas fields’
Punjab CNG Association says that shortfall can be plugged if Kunar Pushagi gas field is made operational.
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Registration offices to accept returns today
Step taken to ensure corporate compliance and timely filing of returns: SECP.
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Deadline extended: Old Rs500 notes can only be exchanged
Central bank cautions that the banknote cannot be used in transactions.
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President wants 500MW from wind power by 2012
Zardari briefed about ongoing alternative energy projects.
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Sensitive Price Indicator rises 5.8%
Prices of 22 items increased while 9 registered a decrease last week.
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Global recession: Trade deficit widens 36% in October as exports fall
Energy shortages, European debt crisis take toll on shipments.
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Market Watch: Bourse suspends trading 15 minutes before close
Technical error leaves trading session unfinished.
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Rabi season: 440,000 tons of urea to arrive by mid-December
Trading agency awards tender at $540.75 per ton to four bidders.
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Kinnow export starts with first shipment to Dubai
Russia, Iran and Indonesia being targeted as major markets.
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ECNEC approves seven projects worth Rs86.5b
Forms body to sort out issues in scholarship programme for Balochistan students.
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SNGC issues notification for 3-day CNG station closure in Punjab
CNG stations will remain closed on Thursday, Friday and Saturday and reopen at 6 am on Sundays.
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Sialkot industries aim to boost exports to $2.5b
Demand uninterrupted energy supply and special incentives.
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No fuel: CNG stations to stay closed for two days
Gas supply to all CNG stations of Faisalabad will be stopped at 6:00 am on Friday, restored at 6:00 am on Sunday.
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Non-life insurance segment profits triple
PICIC Insurance witnesses highest net premium growth.
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October data: Exports fall, imports rise
Cumulative export figures for four months (July-October) of the current fiscal year saw shipments grow 12.9 per cent.
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Foreign exchange: Reserves ease to $17.03b
Foreign exchange reserves hit a record $18.31 billion in July, but have since eased due to debt repayments.
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UK is ‘upbeat’ about investment: official
British Deputy High Commissioner meets Hyderabad’s business community.
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Rain damage in Sindh: Complete projects in one year, says president
Advises provincial government to establish infrastructure bank, launch Rabi Assistance plan.
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Market Watch: Regional peers keeps bourse under pressure
KSE’s benchmark 100-share index gains 12 points.
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Six locomotives brought back to life
Pakistan Railways to add 30 more engines after repair work.
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Sportswear exports likely to double
European buyers shift orders from China to Pakistan.
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Tribune Take: Privatise the PIA, save billions
The $600,000 PIA failed to pay Iran for airspace rights is symptomatic of larger issues. Watch now.
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Biomimicry: Why the secret of technological innovation lies in nature’s engineering
There are a number of fascinating examples of how animals are able to survive efficiently in their environment.
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Uninterested in interest rates? Think again!
So let’s try to cut through the clutter and figure out how changes in interest rates may impact the economy.
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Bright lights, big Citi
As far as banking products are concerned, Citi has by far been the leader in Pakistan.
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Banking sector: Feeling the squeeze
Pakistan’s financial situation with regard to foreign borrowing looks rather bleak.