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Retail consolidation: Makro and Metro in merger talks
Both sides appear to be in advanced stages of the negotiation process.
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Governor SBP resigns, Yaseen Anwar to be acting governor
Shahid Kardar's resignation accepted. Sources say SBP governor resigned due to differences with...
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PEPCO circular debt reaches Rs215b: Report
Report available with Express News states Pepco’s financial condition has resulted in an increase in load-shedding.
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Women entrepreneurs: USAID to help increase trade participation
Three-month internships offered in multinationals.
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Sindh Board of Revenue: ‘Province receives only 3% of revenue collection’
OICCI discusses Sindh Sales Tax Act 2011 with officials.
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ADB report: Asia needs improvement in tax collection system
Pakistan and Nepal amongst nations with lowest tax-to-GDP ratios.
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Trade policy: ‘Pakistan should focus on non-traditional items’
High potential present in Far East and African region .
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Three-day outage: Gas to remain suspended from today
Decision to cut gas harmful for national economy says PHMEA. Gas outages were causing numerous problems for exporters.
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Imported LPG price set at Rs123 per kg
Ogra teams to closely monitor sale of gas at set prices .
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Exports rise to all-time high of $24.8b in fiscal 2011
Figure likely to cross $25b when data is finalised.
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Govt to privatise, sell shares of eight units
Habib Bank, National Bank, HEC on the list.
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Bank deposits surge 9% in six months
This growth has been seen after a gap of three years: analyst.
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Circular debt hits local output: Dependence on high-priced oil imports grows
Import bill may swell to $14.05b as local refining blending declines.
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Market Watch: Stock market plummets 100 points
Trade volumes remain at dismal levels.
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Consensus reached : CNG prices likely to rise by Rs7 to Rs8 per kg
CMinistry asks CNG station operators to set up LPG outlets as well.
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With new identity, Burj Bank owners hope to jumpstart growth
Dawood Islamic Bank had stagnated over the last two years.
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Hydropower: WAPDA generated 31.45b units in 2010-11
Increased generation due to efficient operation, management of power stations and more water available in reservoirs.
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Gas management: SSGC keeps vigilant check on CNG stations
23 teams are at work to ensure its success.
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Stiff competition throttles Pakistan’s wheat export
Domestic prices likely to fall due to lack of storage.
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Fuel oil imports at all-time high in June
Imports driven by strong electricity demand.
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Exports likely to grow 10% this year
Shipments rise 35 per cent to $24b last year.
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Govt to cut gas price rise for CNG stations
Price will be increased by 7% compared to earlier proposal for 17%.
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Gas utilities seek tariff hike of up to Rs22 per unit
Price hike will be used to finance new schemes in violation of rules.
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Fiscal 2011 review: Car sales fight the tide, rise 3.2%
Higher purchasing power by agricultralists does the trick.
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Market Watch: Downward trend continues in thin trade
Benchmark KSE-100 index drops 98 points.
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Low volumes: SECP, KSE meet to develop rescue plan
A meeting was held between SECP and KSE to discuss the prevailing market situation.
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Textile industry: SNGPL assures five days a week gas supply
Earlier Federal Minister for Petroleum Asim Hussain had also said that gas will be provided for five days from July 5.
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Constructing Pakistan: Getting better or worse?
Construction activities require the combination of inputs of materials, equipment, labour and human intellect.
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Talking business
The entire narrative about a “preferred party” in fact rests on two concrete incidents.
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Drink it, wear it: Wake up and smell the coffee
Fabric that incorporates coffee grounds has become a global hit.
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The week in focus
The country achieved a new feat last week when foreign exchange reserves swelled to a record high.
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Terrorism and insurance: Booming business?
Is this a blessing or have we accepted that terrorism is here to stay?.
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Energy pricing: Govt may raise cap on gas prices
Two proposals to deregulate gas prices by exploration companies likely to be rejected.
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Managing the debt: How one little office can ruin a nation’s finances
The Debt Policy Coordination Office has been unable to devise a plan to manage the public debt.
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Boulevard of broken dreams: As one building goes up, it takes another one down
Cracks appear in New Misquita Garden flats becuase of deep excavations for plaza next door.
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Revenue Automation: Dept barred from developing IT software
Ban imposed to stop unnecessary developments for various departments under the FBR.
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Kasb Bank: Chinese businessman becomes chairman
Chinese businessman Suo Lang Duo Ji will take over as the new chairman of KASB bank and bring more investment.
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Three-day outage schedule: APTMA to defy orders from Monday
SNGPL MD assures five days a week gas supply.
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Sales tax on machinery import may go
FBR chief agrees on 5% sales tax on major export industries.
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Urea shortage threatens agricultural sector’s growth
Fertiliser price in some areas of Punjab rises to Rs2,000 per bag.
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Reviving lost capacity: Govt may outsource power companies’
Pakistan Peoples Party chalks out a plan to deal with supporters fuming over prolonged outages.
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Remittances surge to all-time high of $11 billion
Figure remains above $1 billion for fourth month in a row.
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Weekly review: Worsening law and order takes its toll on bourse
KSE-100 index drops 0.8% after a fresh spate of violence in Karachi.
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Fiscal profligacy: Public debt swells in three years by 88%
Government yet to implement debt control plan.
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Farm houses: Punjab moves to collect property tax
Special teams constituted to conduct a survey in order to send demand notices to the owners concerned.
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After due date: Islamic banks to accept utility bills with ‘displeasure’
Islamic banking institutions to accept bills in larger public interest.
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Coming to an end: Rs5 banknote to be demonetised next year
SBP urges public to trade in old notes from its offices or from commercial banks.
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Reserves at new peak, does it matter?
Around $7 billion of record $18 billion reserves is IMF loan.
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Lion’s share: World Cup generates almost half of PTV revenue in 2010-11
ICC Cricket World Cup 2011 fetched more than double the cumulative income from the past three ICC tournaments aired.
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Urea consignments to start arriving next week
50,000 tons will reach by July 18.