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Market watch: Bourse recovers from preceding day’s slump
Benchmark KSE-100 share index jumps 160 points.
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Ministry suggests water treaty with Kabul to avoid dispute
Water sharing modelled on Indus Waters Treaty advocated.
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Gas leakage ceiling: Gas distribution firms take OGRA to court
Govt may not be able to increase tariffs from July.
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Major concession : Excise duty abolished, sales tax reduced for importers
Step aimed at encouraging importers to get cargo cleared before June-end, consumers get short end of the stick.
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Internet body throws open domain names; .anything
$185,000 to apply, individuals or organisations will have to show a legitimate claim to the names they are buying.
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CIO Pakistan: The Medium of Games
Software is supposedly our future, but how good are we at mastering the software side of the Industry?
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Water availability has dropped 500% since 1947
Construct new reservoirs and conserve water, says IRSA chief.
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Fertiliser: Country to import further 50,000 tons
Tender for import issued to ensure fertiliser supply for Kharif season.
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Italian company: ENI to construct 400MW power plant
ENI suggests working in new gas fields for power generation on build, operate and transfer (BOT) basis.
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Teams leave to sell OGDC assets amid opposition
Parliamentary panel, economists oppose selling govt assets for budget financing.
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Gas shortage: Crisis not to end anytime soon, says Engro
World’s largest ammonia-urea manufacturing plant fails to operate at optimum level.
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Appeals against tax rulings delay justice, says ombudsman
FTO seeks curbs on FBR’s right to appeal to the president.
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Market watch: Bourse nosedives on across-the-board selling
Benchmark share index sinks 195 points with Engro leading the way.
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BP Pakistan sale: Ministry wants money to pass through Pakistan
Ministry acknowledges no legal obligation but has sought advice on how to structure transaction.
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Talking business
First thing you need to know is this: you can’t do this alone! You need allies, real allies with real weight on them.
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Clinic tries to wean addicts off Internet fix
Min loses all track of time when he sits down to play computer games - sessions usually last at least 10 hours.
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The week in focus
There is a need to cultivate necessary crops on a large scale in order to ward off costly imports and inflation.
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The career ladder: Show me the money
Are you making enough money? Are you in the highest-paid industry? Do you think you are keeping pace with your peers?
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Comment: The case for a strong corporate debt market
Corporate debt markets are vital to the robustness of the financial system.
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Exports likely to hit $25b
Trade body says exports have risen both in value and volume.
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Govt seeks lead managers for $70m PPL share offer
Invites interest from banks to float 2.5% shares of Pak Petroleum.
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Removal of Indo-Pak trade barriers urged
Trade volume can rise to $10b by cutting costs.
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Pak-Sudan trade: Businessmen invited to invest
Ambassador says Sudan lacks technology to make headway.
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Increase in draught: Cargo handling to rise at Karachi Port
Deployment of mother vessels now possible at KPT.
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Weekly review: KSE index closes flat amidst plummeting volumes
Market fails to sustain momentum due to lack of triggers.
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Competition in Pakistan’s aviation market to grow
Saudi budget carrier launches flights to Karachi.
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Energy conservation: Consumer cooperation urged to overcome crisis
Suggests industry reduce power consumption by 25% and markets to close by 8 pm.
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Stagnant growth: Energy shortage stunts growth in large scale manufacturing
Large scale manufacturing fails to record significant progress.
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Sui Northern Gas to resume gas supply by tonight
According to SNGPL officials repair work at the Sui gas field is 80 percent complete
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‘Friendly policies boost crop production’
Minister claims 52 new crop varieties developed.
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OGDC profits rise on lower tax rate
Explorer releases ten-month accounts to fulfill bond issue requirement.
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TCP awards contract for urea import
Fertiliser to arrive by first week of July to meet farmer’s needs.
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Increased market access to European Union urged
Gilani for upward revision of Import Vulnerability Criterion.
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Current account posts surplus of $205m
Surplus falls due to slow exports and high imports.
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Copyright: IPO sets up help desk at Karachi Chamber
Helpline aims to promote investment, economic activity.
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President seeks Chinese investment
Nation’s domestic sources of fuel being depleted as demand continues to rise.
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Fuel transport: Govt considering plans to lay oil and gas pipelines to China
Pakistan seeks financing from Beijing for constructing pipeline on its territory.
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Steps taken: No more oil shortage: Dr Asim
Pakistan State Oil has takes all out measures to ensure availability for the consumers.
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Market watch: Bourse follows global market peers, low activity continues
Benchmark KSE-100 index crawls down eight points.
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Energy crisis: Fuel shortage decreases power production by 10%
Electricity shortfall rises to 5,000MW as energy sector struggles to operate with circular debt.
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Helping hands: EU, Germany provide Rs40b assistance
Islamabad urged to do more as Europe sees ‘little progress in tax reforms’.
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Pak-Vietnam: Nations discuss investment potential
Sectors like chemicals, agriculture, garment, construction and paper, offer promise for more bilateral coordination.
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Global warming sharply reduces crop output
Scientists discuss how to apply innovative methods to farming.
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Vocational skills: Training offered to 0.1m unemployed youth
Training would be imparted based on local demand of the industry.
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Wheat: Punjab purchases 3.96m tons
Wheat procurement kicks off as food department purchases 3.96 million tons of wheat in Punjab.
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Fertiliser sector: Gas shortage may fall 10% in two years
Slowdown in local production results in import of fertiliser.
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PPL announces unscheduled meeting
Oil explorer expected to declare early cash dividend.
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Restoration: KESC resumes supply of SITE area
Union workers caused disruption at grid station feeding SITE industrial area, shutting power and damaging machinery.
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Indus River bridge: PM approves additional funds for construction
Claims that the govt is working on setting up industries in tribal areas.
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Market watch: Pakistan Petroleum lifts stock market
Activity in oil sector picks up but falls overall.