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IMF programme: Why should we take further loans, asks Sheikh
Finance minister says Pakistan has shown ‘good economic performance’.
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SECP, modarabas discuss Shariah compliance
To introduce system to maintain confidence in Islamic financial system .
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Enforcement of Cotton Control Act urged
Growers do not follow healthy practices.
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Changing leadership: Chiefs of four public sector oil and gas firms appointed
Post for OGDC’s MD to be re-advertised to find a suitable candidate.
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OGRA chairman’s appointment: SC seeks record of CNG licences issued
Petition claims Sadiq’s degree is not recognised locally.
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Market watch: Bourse follows global peers again
Easing in Pak-US tensions also helped the market to gain 266 points.
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Power sector, commodity financing: Govt to convert Rs380b loans into sovereign debt
Decision will push budget deficit to 5.8%, but will break debt cycle.
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Real estate: US firm to invest $20m in office building
28-storey Centrepoint to provide top quality workspace for multinationals.
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Oil and gas theft: Bill proposing strict punishment to be tabled
Petroleum ministry recommends up to 14-year prison term and Rs10m fine.
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Central bank to the rescue: Panic buying ends, rupee recovers 90 paisa
SBP spokesman denies any intervention to resuscitate local currency.
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India and Pakistan push fragile ties with trade diplomacy
The trade ministers of India and Pakistan meet in New Delhi to discuss measures to overhaul ragged commercial ties.
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Shaikh talks taxes, reforms and trade in DC
Hafeez says Pakistan can and will pay $1.2 billion in annual dues to the IMF.
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Power loom owners protest against outages
Fesco says fuel adjustment charges not Faisalabad-specific.
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Economic ties: ‘Indian industrialists not keen to invest in Pakistan’
Indian group recommends focus on healthcare, IT and entertainment.
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Visit to India will boost bilateral trade: Fahim
Minister arrives in Mumbai on a five-day visit.
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Circular debt of Rs280b to get a face change
Debt to be settled by issuing Pakistan Investment Bonds of the same amount.
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Kishanganga Dam: Court of Arbitration ruling favours Pakistan, says minister
Naveed Qamar says the Indian media is downplaying the significance of the interim order.
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Destitute energy chain: PSO pleads for help again, Rs50 billion this time
For the umpteenth time, the country’s largest oil supplier asks the government to arrange for money to pay its bills.
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Thar coal project to be operational in late 2013
$115b is required to materialise the project.
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‘Pak-US ties to continue despite present tensions’
Multilateral conference scheduled to be held in October.
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Market Watch: Stock market nosedives on panic selling
KSE’s benchmark 100-share index plummets 341 points.
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Tussle ends: Work resumes on politically backed schemes
OGRA approves tariff increase to finance schemes.
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Inexplicable drop: As rupee dives, finance ministry asks SBP what’s up
Govt suspects malfeasance in the sharp decline of the currency against the dollar.
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Rupee touches record low, closes at 89.80 against US dollar
Previous record low had been just last week when unit had touched 89.72 in the open market.
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Global food security at risk: Thai rice subsidy could cause price turbulence
Move could have adverse impact on food-deficit and importer nations.
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Good intentions: Internet - a paradise for Intellectual property thieves
With the lapse of the cyber crimes ordinance there is no way to deal with this problem in Pakistan.
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Water scarcity: Hyderabad faces water, power crises
Citizens of Hyderabad faced acute water scarcity which continued for between 12 and 36 hours in different areas.
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The rise of advertising: Admen create brands for Faisalabad’s middle class
Textile exporters begin investing in building brand names for their local products.
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Honda turns its eyes on Asia
Bike sales are dropping in Europe and the US.
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Tapping into growing global demand: Govt to establish 200-acre halal industrial park
One window operation to be provided to investors to boost halal products trade.
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Agreement: PTCL to provide service to Punjab boards
PTCL will provide hosting services for customised application software of the boards, country-wide access to students.
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Sale of vehicles: Car manufacturers demand transfer tax
Indus Motors plans to phase out local production of Cuore by June 2012.
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After successive floods, govt exploring crop insurance options
Climate change makes extreme weather patterns far more likely.
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Large-scale manufacturing: Weak auto, petroleum sectors keep growth low
Production of 100 industries grew average 0.68% in July.
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TAPI gas pipeline: Turkmenistan says no to a raw deal
Ashgabat wants the same pricing formula that Iran gets for its gas exports.
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Pakistan to import 1.2m tons of urea
Gas supply to domestic fertiliser makers will be cut off for two months.
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Weekly review: Stock market defies global trend
KSE’s benchmark index gains 2.2% while Dow Jones suffers worst week since 2008 financial crisis.
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Business community: FPCCI urges unity among traders
FPCCI President Senator Haji Ghulam Ali says entire business community fully supported the armed forces.
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Result review: Consumer goods companies’ profits surge 44%
Sales rose by 28% to Rs69.7 billion in the first six months of 2011 that trickled down and kept profits strong.
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10% water shortage likely in upcoming sowing season
Rain and flood water being released into sea as country lacks storage.
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Market watch: Bourse falls as investors offload stocks
KSE’s benchmark 100-share index drops 83 points.
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Steps to bolster investor confidence discussed
SECP takes feedback from capital market stakeholders.
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Transit trade treaty: Afghanistan demands changes to notification
Sub-group to meet on Monday to address Afghan reservations.
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All will have access to banking services: SBP
Measures being taken to help underserved sectors of economy.
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Employment opportunities: Political instability and corruption biggest obstacles
World Bank report criticises Pakistan for abandoning reforms.
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Afghanistan to revive ancient Silk Road through Central Asia
Foreign minister assures Pakistan’s full support in the endeavour.
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Facebook lets users tell life stories
The significant overhaul to Facebook profile pages promised to transform them into interactive digital scrapbooks.
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Local tea second best in the world taste-wise
Lack of investment increasing import bill for tea.
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Polls: LCCI elects new office-bearers
The formal announcement of poll results is expected at LCCI’s annual general meeting on September 30.
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Power equipment makers: CCP issues show cause notices for collusive bidding
Manufacturers win contracts worth Rs100b from power companies.