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Market watch: Bourse gains in late buying
Benchmark KSE-100 share index rises 72 points.
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Forex reserves ease to $17.47 billion
Bank reserves rise to $3.45 billion.
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Devolution In Process: Sindh Revenue Board starts work today
Sindh Revenue Board, setup to collect General Sales Tax (GST) on services, will start functioning from today.
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Centre to collect sales tax on seven services
Notification will be issued after meeting with four chief ministers next week.
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Cutlery Sector: EDB to work on growth strategy to improve exports
EDB has started working on a developmental and growth strategy for the cutlery sector.
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Social Media: Pakistan flood fundraising app brings in $56
Despite more than 90,000 downloads, only $56 had been raised.
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Summit bank merger: SBP cancels licence of Mybank
State Bank cancels Mybank's license following its merger with Summit Bank.
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180,000 tons of palm oil may arrive in July
Country buys huge volumes ahead of Ramazan.
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Power companies: USAID to continue assistance
Power costs must be covered to address outages: director.
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OMCs’ licences: Suspension in Azad Kashmir, northern areas only, says OGRA
The six companies have 1,100 petrol pumps across the country.
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Market watch: Bourse gains in dull session
Benchmark KSE-100 share index firms 61 points.
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Initial public offering: Engro Foods targets Rs675m from share offer
Company to also take internal financing and loans for capital injection.
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‘Rich’ pay Rs300m in income tax
FBR notices to 22,000 force them to pay tax and file returns.
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‘Change of IMF head will not affect negotiations’
Pakistan is expected to hold talks for loan tranche in mid-July.
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OGRA warns of cancelling licences
Says companies are making hefty profits by charging high prices.
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Foreign buying falls 77% at bourse in 2011
International fund managers reduce exposure to developing countries.
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PM calls for strategy to meet energy needs
Instructs ministry to immediately prepare gas load management plan.
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Strengthening trade: Food exports rise 35% to Rs338 billion
Wheat gives 12% boost to export figures, rice exports fall 10%.
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LPG prices rise once again
Prices have been increased by Rs5 per kilogramme again.
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Market watch: Stocks drop hard on political tension
Benchmark KSE-100 index falls 102 points.
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Fertiliser sales flat
Increase in urea prices by almost Rs100 per bag also stood as a contributing factor in this decline.
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Agricultural output: ‘Bio-technology can increase productivity’
Its use in research is also very useful: Punjab minister for agriculture.
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Food sector gives highest returns at bourse
Five times more return than benchmark KSE-100 index.
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LNG import project attracts 17 companies
Selected parties will develop storage units and import gas.
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30% of bumper crop to rot
Agriculture sector suffering due to lack of storage facilities.
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Stock market review: Volumes drop to nine-year low
Bangladesh sees three times more volumes than Pakistani bourse.
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LTU issues notices to banks for freezing KESC’s accounts
FBR seeks recovery of default surcharge worth Rs152 million.
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Govt faces twin challenges before IMF parleys
Retiring central bank loans, power sector reforms key hurdles.
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Railways may run business train
PR in talks with Lahore Chamber to operate the service.
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Up, up and away: 10 to 100% increase in gas prices proposed
High-level meeting to deliberate on the proposal today.
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Looming power shortage: PSO threatens cut in oil supply
Oil marketing company asks KAPCO and HUBCO to clear outstanding dues.
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Land management: Agricultural policy in need of change
‘68% of population relies on agriculture for livelihood’.
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Logistical issues facing exports discussed
World Bank, industry for addressing inadequacy of transport network.
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Penalty can be cut for law violators: CCP
Regulator says leniency regime allows relief even after a ruling.
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Government to issue new stamp papers
Papers will have modern security features to check use of fake papers.
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Fiscal 2011 review: Rupee rewrites recent history, falls only 0.5% against dollar
Interest rate rose in first six months but left untouched since.
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Increasing reliance: More civil nuclear plants to be built
Gilani says nuclear power vital to reduce energy deficit.
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Karachi Stock Exchange: Membership spot up for grabs for at least Rs50m
KSE will hold an open auction for the sale of one membership slot on July 12.
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Market watch: Bourse ends range-bound as investors stay away
Benchmark KSE-100 index fails to rise a single point.
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SBP appoints primary dealers for 2011-12
Dealers will participate in auction of govt securities.
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Government to announce steps for containing expenditures and reducing fiscal deficit
Finance ministry revamping debt office: spokesperson.
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Boosting ties: Pakistan-India to open new trade post
Wagah to be used solely for parades and exit and entry of delegations.
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Career Guide: Working at a local bank
This is what a regular day is like for Asad who is the Regional Collections Manager of Consumer loans at a local bank.
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It’s not all about business: Social gaming a big winner in smartphone boom
The casual gamer will be the driver for developer growth.
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Groupon: The awesome power of collective
The startup which many doubted would survive, is big enough to say no to Google.
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Pakistan’s fiscal woes: Budget-making in an economic crisis
Government seems to have missed the bus on rationalising the tax system or gain the trust of the taxpayers.
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India’s Ambanis lose their shine
India’s billionaire Ambani brothers are struggling to rediscover their Midas touch.
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Fiscal discipline: It’s going to get worse before it gets better
Don’t expect any miraculous improvement to the economy.
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The week in focus
fFcus has increasingly shifted towards tapping renewable energy resources to produce clean energy.
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Where Pakistan stands
Numbers don’t lie, and the truth is not pretty.