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‘Political will must for economic integration’
SAARC business conclave discusses regional economic cooperation.
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Punjab to spend Rs37b on irrigation system
Modern technology to be introduced to improve water supply to crops.
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‘Water wasted due to lack of reservoirs’
Quantity of water many times more than Tarbela’s capacity went into sea.
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Off the hook: Cement prices rising without any check
Government inaction, lengthy judicial process blamed for rate hike.
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Market watch: Bourse follows global market trend
KSE’s benchmark 100-share index drops 162 points.
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Livestock export: Leather industry, meat sellers demand ban
Say government’s reluctance is hurting consumers as well.
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Currency review: Not a nice year for rupee so far
Currency falls to new low more than 10 times in two months.
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Pakistan steel: Two ships carrying raw material to arrive this month
The ships are bringing 55,000 tons of Iranian fine iron ore and 55,000 tons of coal
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60-day deadline: Qamar asks power companies to recover dues
Directs field staff to adopt friendly attitude towards consumers.
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Ogra increases gas tariff by up to Rs12.6 per unit
The fresh hike will take effect from January next year.
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Extortion: KCCI president urges traders to stay united
Says vested interests trying to divide business community along ethnic lines.
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Cement sales rise 7% on higher local demand
Manufacturers shifted focus to domestic market due to better prices.
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LPG producers reduce prices despite levy
OGRA fixes maximum consumer price at Rs115 per kg.
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Workshop: ‘Digital advertising improves brand image’
Consumers are accepting social media as a platform for marketing.
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World Islamic Finance Summit: ‘Islamic banking gaining credence after recession’
Expert says short sale is tantamount to gambling, as both are driven by speculation.
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Default looming: PSO to pay Rs15b to oil suppliers by Sept 23
PEPCO says it makes payments from what it receives from consumers.
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Market watch: Massive buying takes bourse to six-week high
KSE’s benchmark 100-share index surges 329 points.
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Deceptive marketing: CCP issues show-cause notice to juice company
Firm accused of misleading consumers.
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Business conclave: Delegation leaves for Nepal
Saarc CCI is organising the meeting in collaboration with FNCCI, in partnership with Friedrich Naumann Stiftung.
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Lahore chamber: PIAF sweeps polls for corporate class
The alliance got 440 panel votes from total of 638 while the independent candidate secured only six panel votes.
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Cornerstone: Science and technology policy approved
Policy proposes allocation of 2% of GDP by 2020 to focus on sciences as critical areas demanding economic development.
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IFC to provide Karachi Port Trust $70m
Funds will help improve efficiency, international trade.
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Government fails to appoint OGDC head
To publish ads again for finding a suitable candidate.
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Mutual funds survive market fall in August
Stock market keeps funds under pressure.
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Oil & gas projects: NA panel slams bureaucrats for delays
Forms committee to probe blocking of funds for gas supply schemes.
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Punjab to set up industrial park in Rahim Yar Khan
Zone will have 300 medium and large-sized units.
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Oil and gas sector: Exploration companies now partial distributors
Govt allows firms to sell 10% of their product directly.
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Cartel of electric manufacturers found fleecing government
Anti-trust watchdog collects evidence in raids on offices.
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Consumer Price Index: Govt changes method for calculating inflation
Inflation rises 11.6% in August, according to Federal Bureau of Statistics.
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Market watch: Healthy economic data lifts stock market
KSE’s benchmark 100-share index jumps 166 points.
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Illegal CNG connections : OGRA criticised for creating confusion
Committee discusses unauthorised issuance of CNG licences.
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Up, up and away: LPG prices to surge 16% due to new tax
OGRA uses powers recently acquired to impose petroleum levy.
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The miracle of Pehli Kiran schools
A ray of hope for children of the slums.
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Convention: Govt trying to resolve CNG dealer issues, Hussain
Fast track development of new fields for increased supply of gas to solve gas shortage problems.
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Railways’ employees not paid for a month
Railway Colony quarters to be demolished.
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Corporate results : Banking sector profits grow 20%
Tightening of discount rate by SBP in 2010, and unchanged during 2011, pushed average Kibor up by 140 basis points.
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Rift between KCCI, small traders takes new turn
A faction of small traders announces support for KCCI.
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Floods may negatively affect vegetable prices
Meeting noted prices of daily-use items have declined after Ramazan.
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Breakthrough: Pakistan, Indonesia sign preferential trade agreement
Deal materialised after seven rounds of discussions
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Market watch : Bourse ends flat in thin trade
Trade volumes fall to a paltry 31.2 million shares.
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Planning Commission formulates new strategy
Plans to hold workshops to boost economic activity.
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Five years after merger, BOC gives way to Linde brand
New name reflects latest identity shift for a company in Pakistan since 1946.
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As floods ravage Sindh, Pakistan imports vegetables from India
Pakistan has started importing close to 70 trucks of vegetables a day from India to meet demands.
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The week in focus
The IMF programme is coming to an end this month and the government has decided not to seek further assistance.
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Vegetable rates: Prices up by 100%, supply down by 50%
A vegetable vendor says that the rains have caused huge losses to agriculture.
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China takes over as US solar power firms fail
High subsidies and collapse of US giants left the field open.
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Leaving a footprint: The success of Pakistan footwear chains
Local shoe makers have consistently been able to create brands.
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Fighting graft: US law battles corruption overseas
Hefty fines have made it cheaper to be honest instead of paying bribes.
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Good neighbours?: India duty-free deal ‘game-changer’ for Bangladesh
Pakistan’s bid to get access for its textile products to the EU was blocked by Delhi.
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SSGC Executive search: Job criteria tailored to suit one candidate
Requirements for the company’s head differs from those set for other state-owned energy firms.