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‘Pakistani products popular in Sri Lanka’
Colombo to increase investment, says diplomat.
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Rice, cotton: Punjab provides certified seeds to farmers
70,000 tons of rice and 40,000 tons of cotton seeds provided via notified sales points and registered dealers.
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Banking publications: Booklets to help banks boost lending to SMEs
SBP-IFC booklets cover 10 sectors which will expand and create jobs.
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Strengthening ties : Pakistan, Tajikistan establish banking links
KASB Bank plans to provide microfinance, mobile banking in Tajikistan.
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Energy efficiency: Pakistan can save massive energy through conservation
‘Almost 25% energy conservation potential exists in every sector’.
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Countdown begins again: PEPCO extends deadline for KESC for ‘dues payment’
If oil supply remains stable, outages will not increase.
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Positive response: Karachi businesses welcome budget
Acknowledge the presence of tax thieves within the business community.
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Telecom services: PTCL to invest Rs16b in next five years: MD
Company to introduce super-speed internet soon.
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Market watch: Bourse declines 25 points, averts major slide
Analysts expected the market to plummet following the budget.
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Inflation: Sensitive price index rises 16%
Prices of 22 items increased last week.
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Deficit stable despite rising energy costs
PM denies gap between demand and supply of energy.
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Bond float: Roadshows planned in key financial cities
Privatisation Commission announced that it will undertake roadshows in five countries to raise $500 million in bonds.
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FBR declares war against tax evaders
Defaulters use political connections to pressurise tax officials.
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Banking made kosher: Russia enters world of Islamic finance
Socialist nation hopes to break new ground with sukuk offering.
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Budget full of contradictions: FPCCI
Govt promises another hard year for businesses and the poor.
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Why FBR has failed to raise the tax to GDP ratio
Tax collection needs to be revamped as the economic scenario changes.
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Beginning of the end: Blackberry continues to lose ground to Android and iOS
BB is allaying the customer demand for touch-screen phones by rolling out its own touchscreen sets.
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Talking business
Do seven hundred thousand new taxpayers, assuming they even come, really add up to documentation of economy.
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Budget comment: Energy crisis needs to be tackled head-on
Pakistan’s growth potential is being wasted because of power shortage.
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Change of focus: Shunning the security paradigm for development
There needs to be a change in the way we look at our relationship with the US.
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Budget coverage misses the mark: What on earth is ‘relief’?
Journalists continue to focus on the wrong issues when covering the economy.
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Banned Products: China increases list of tainted imports
China has greatly increased the number of banned imported products from Taiwan.
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Chrysler: Fiat offers $125m for Canada’s stake
Marchionne said a public share offering for Chrysler was more likely in 2012 than this year.
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Budget 2011-2012: All eyes on the centre, but provinces matter too
It will be the further distribution of the provincial budgets which will make a difference to lives of citizens.
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Aviation: Chinese delegation visits CAA
Chinese delegation reviews Letter of Agreement for coordination and air traffic transfer of control procedures.
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Fund scarcity, floods slow down water projects
Utilisation expected to be Rs19b by June-end compared to allocation of Rs28b.
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Gas surcharge worth Rs3.8b lost due to incorrect assessments
Audit report says OGRA allowed Sui gas company a higher gas theft level.
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Cases of taxpayers hiding real income to be referred to NAB
Federal Board of Revenue to launch taxpayer audit from July 1.
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Payment of dues: PEPCO gives KESC three-day deadline
KESC rejected claim of outstanding payments for power purchase.
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Weekly review: Bourse crawls up on pre-budget reports
Oil and gas sector came under the spotlight following deregulation of key petroleum products.
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Pepco serves final notice to KESC for payment of dues
Pepco warns KESC that power supply to it will be terminated if dues are not cleared.
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SBP asks banks to submit loan write-off record
Directive comes in the wake of orders from Supreme Court.
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Innovation: PTCL introduces volumetric IP bandwidth service
PTCL volumetric IP bandwidth service on volumetric usage billing offers flexibility to carriers.
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Sukkur Barrage: Chinese delegation briefs president
Zardari urges economic viability to be given due consideration.
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Avoiding division: Business integration to support economy
Pakistan-Kyrgyzstan Business Council has underlined the need for business integration.
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Dare we dream of reforms?
On Friday the minister laid out his agenda which was ambitious to say the least.
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No direct incentives announced, but plenty of structural changes
Govt decides to fix regulatory structure of power.
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Subsidies to be reduced by 58%
Electricity tariff, sugar prices at utility stores to rise.
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Market watch: Bourse firms on Capital Gains Tax replacement talks
Benchmark KSE 100-share index gains 57 points.
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Government increases development spending by 9% to Rs730b
Centre’s share to be Rs290 billion and provinces to get Rs430 billion.
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Budget brings extra Rs106b into tax net
Tax on defence sales imposed, sales tax reduced to 16%, withholding tax on cash withdrawal cut to 0.2%.
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NFC disbursements: Provinces to get Rs1.3t share in federal taxes
Provinces will receive Rs38.2 billion for development projects .
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Sheikh outlines laissez-faire vision for economy
Minister lets his inner economist free, leaving the populists hanging.
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Power sector: Govt to end tariff differential subsidy
Load-shedding in coming financial year threatens economic growth.
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Gold touches new peak
Local dealers concerned over declining business.
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Telecom sector’s tax payments rise 15%
Watchdog says the industry paid Rs56b in taxes.
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Additional profit: Lucky to make Rs281m from selling electricity
The cement maker is expected to raise an additional net profit of Rs281 million annually.
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Pakistan, World Bank sign deals worth $115.5m
Three agreements amounting to $115.5 million signed for financing projects in different sectors.
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Cement sales fall seven per cent
Industry utilisation falls to 75% of total production capacity.
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Market watch: Bourse moves in tandem with regional peers
Benchmark KSE-100 index falls 84 points.