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No trading in listed certificates after April: SECP
SECP has announced that no trading in listed term finance certificates (TFCs).
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Engro seeks cut in fertiliser subsidies
Says higher crop prices have jacked up farmers income.
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PIA employees assured of continued benefits
New managing director, Nadeem Khan Yousufzai has assured PIA employees of better facilities and full-benefits.
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Denmark to import dates from Pakistan
The Danish company will be importing around 800 tons of dates every year, carrying a total value of $650,000.
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PM invites Kuwaitis to invest in Thar coal, Gwadar port
Incentives offered include liberal investment regime, terminal for storage.
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Poor logistics hurting potato exports
Total potato production for the year is estimated to be 2.3m tons and with domestic consumption around 1.6m tons.
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Market watch: Stocks march upwards as investor interest rises
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 1.1 per cent or 131.75 points higher at 12,077.84.
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LPG price drops further by Rs10 per kg
This was the second consecutive price reduction in the last two weeks.
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Pak-Afghan Transit Trade: No financial guarantee, no agreement
Pakistan rules out treaty without a condition of getting cashable financial guarantees on Kabul-bound goods.
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Management tip of the day: Thank yous go a long way
Genuine gratitude goes a long way in engaging people and binding them together.
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Industrial corrosion causes Rs250b loss
Damage can be reduced with the help of fibre glass, protective quoting.
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Terminal sets cargo unloading record
Two vessels with a combined length of 350 metres berthed simultaneously at the jetty of FAP Terminal.
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Economic revival of K-P under way
Industrial policy to be announced by June-end.
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Meezan Bank profits grow 61%
Declares 15% bonus shares, paid-up capital rises to Rs8bn.
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Financing for export projects increased
Borrowing limit for plant and machinery enhanced from Rs1bn to Rs5bn.
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Pakistan Refinery posts profit after two years
Cost of sales stays lower than sales.
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SBP revises Credit Guarantee Scheme
Targets maximum utilization and high market penetration.
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Shopkeepers make high profits on Valentine’s Day
Competition leads to more discounted products.
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Market watch: Stocks end flat, volumes at three-month low
Benchmark KSE-100 index crawls up three points.
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Country lacks research and development: Indus Motor CEO
Inconsistent policies to discourage new entrants in industry.
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Engro profit surges 73 per cent to Rs6.4b
Fertilizer and energy subsidiaries expected to be the backbone of the surge.
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Kosher investment: India woos Muslim with new stock index
India takes a step towards financial inclusion with the creation of a new index compliant with Islamic law.
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Crossing the great firewall: Rivals say Facebook could be tough sell in China
Facebook may be eyeing a move into mainland China, assuming authorities lift a ban on it.
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The week in focus
A sharp rise in food prices in international markets has made production of essential crops important.
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Can Microsoft salvage Nokia’s ‘burning’ platform
Nokia CEO Stephen Elop recently sends out a heart-felt memo to the company asking for radical changes.
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New Growth Strategy: Old Pitfalls
The Planning Commission of Pakistan recently released a document that outlines new growth framework for the economy.
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Smartphones conquer the PC: The king is dead, long live the king
The new mobile computing medium is the smartphone; it came and saw and it conquered the computer.
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Printing Currency Versus Taxation; Pakistan’s choices
Government borrowing from the central bank in countries like Pakistan is nothing but equivalent to printing notes.
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UK businessmen keen to invest in Pakistan
Industry asked to focus on quality instead of quantity.
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Country’s second wind energy project initiated
Turbine installed at Daman-e-Koh peak.
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How Pakistan almost lost the Blackberry service
New evidence contradicts the telecom watchdog's claims.
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Imported consignments with false declarations seized
Custom officials, importers and clearing agents were involved in the racket.
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Duty-free imports by dealers hit Pakistan Steel
Mill loses Rs 100 billion in revenues as sales decrease.
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Political uncertainty haunts KSE
Benchmark 100-index plummets 3.8% as Raymond Davis case and Moody's rating create panic at the bourse.
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Pakistan seeks global trade for economic self-reliance
Norwegian investors eye housing, IT, oil and gas sectors.
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Allied Bank declares dividend, bonus shares
Authorised capital to rise 50 per cent to Rs15 billion.
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SECP registers 323 companies
The Securities and Exchange Commission of Pakistan (SECP) registered 323 companies in January.
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State Bank arranges microfinance study tour
Regulatory framework ranked best in the world.
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Nokia adopts new operating system
Finnish giant gives up Symbian, opts for Microsoft platform.
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CNG stations: Two-day closure to end after March 15
Punjab receiving 1,950 million cubic feet per day (mmcfd) of gas while the demand is 2,142 mmcfd.
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Pakistan could face risk of rating downgrade
Moody’s says fiscal deficit likely to cross target.
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Market watch: Stocks sink 244 points on panic selling
Karachi Stock Exchange benchmark 100-share index ended two per cent or 244.13 points lower at 11,943.34.
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Implementation of Afghan transit trade agreement starts today
New accord provides mechanism to address unauthorised trade.
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Rupee hits 8-1/2-month high against dollar
High remittances, forex reserves and exports lend support.
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Construction of wheat silos approved
IFC agrees to help construct wheat silos in Punjab with a capacity to hold 800,000 tons
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World Bank approves $24.5m for system improvement
Project extended for six months, $130m already spent.
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Nokia, Microsoft join forces in smartphone war
Nokia announces it is going to use Microsoft’s new Windows Phone OS as its main software platform.
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Pilots flay PIA for giving up profitable routes
Incompetence, not over-staffing, the main reason for losses: Baluch.
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Remittances rise 18% to $6.1 billion
Money flow increases as overseas Pakistanis opt for legal channels.
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Advertising expected to grow by 20% in 2011
Twenty eight billion rupees were spent last year with telecoms industry taking the lead.