Business
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Talking business
Is economics finally in the driving seat, or are the country’s economic problems being politicised?
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Lessons from Buffett
Warren Buffett, Forbes’ richest man on several occasions, attributes his wealth to just a few key investments.
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Fiscal deficit: Government expenditure is not the problem
Why reducing the size of government ministries will not solve the fiscal deficit.
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Investment in education: New realities
It is not how much the government spends but how it spends that determines the quality of education.
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Three-tier policy: Govt pays Rs95b in electricity subsidies
The amount is more than six times the available fiscal cushion.
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The lunacy of the Pakistani wedding
From a financial perspective, this wedding culture of over-the-top nuptials could not possibly be more ruinous.
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NA body to review steel mills’ performance
Body decides to meet everything three months to review steel mills' efficiency and send recommendations to govt.
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Duty on investment trust properties reduced
Sindh and Punjab govts reduce stamp duty and registration fee for real estate investment trust (REIT) properties.
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Committee formed to resolve tax refund issue
Govt refunded Rs12 billion over the last three months, says finance minister.
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Students’ help sought for product marketing
TDAP prepares model for linking local exporters with university students to market export products internationally.
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Cost-saving: Solar-powered irrigation system unveiled
Chinese company demonstrates solar-powered water pump for sprinkle and drip irrigation system at village near Kasur.
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Development budget to be slashed again
Budget slashed by Rs100bn from the budgeted Rs280bn and may be slashed further, says finance minister.
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Punjab food department owes SBP Rs174b
Punjab govt has been paying daily interest of Rs70 million on this loan.
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EU trade concessions: Govt quells objections raised at WTO
Sri Lankan officials say they will withdraw objections to proposal, reveals commerce secretary.
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KSE falls by 0.8% as inflows decline, institutions sell
Profit-taking was witnessed throughout the week as investors cashed in on gains.
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Expo Pakistan postponed
Deteriorating law and order situation and financial crunch cited as reasons..
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Fruit concentrates: Processing plant to be upgraded
Agro Food Processing plant to prepare concentrates from apple, tomato and guava, in addition to mango pulp.
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Rupee declines, overnight rates up
Steady dollar inflows could not stop rupee from shedding value, say dealers.
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Pension funds: Regulator revises investment limits
Securities and Exchange Commission takes step to curb over-exposure in some sectors.
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Exporters delegation to visit Japan
Trade Development Authority of Pakistan says it has launched activities to promote exports to the Japanese market.
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PM for greater access to foreign markets
Prime Minister Yousaf Raza Gilani says export growth will create jobs, reduce poverty.
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Engro focuses on people residing close to its plants
Engro Foundation Director Jeevan Das speaks to The Express Tribune about Engro Corporation’s CSR arm.
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Dumping duties: Delegation to visit Turkey to seek preferential tariffs
Ankara imposes heavy duties on fabrics and garments, Pakistan to accelerate efforts to obtain preferential tariffs.
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Market watch: Stocks close marginally higher
Karachi Stock Exchange benchmark 100-share index ended 20 points higher on Friday.
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Government approves development projects worth Rs170b
In spite of the financial crunch, govt approves 70 project, half of which are for the Balochistan package.
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Japan extends soft loan of 19.7 billion yen for development
Soft loan has two components: Khyber Pakhtunkhwa Emergency Rural Road Rehabilitation, Emergency Import Support Loan.
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Byte-ing into the print industry?
A balance will eventually be struck, with print and online complimenting each other instead of being in conflict.
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Shares nosedive: Bangladesh halts trading again
It was the fourth time in 10 days that the trading has been halted.
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Fuel oil: PSO plans to import 1m tons from Kuwait
Pakistan imports about 80 per cent of its oil.
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World Congress: Easypaisa nominated for GSMA Global Mobile Awards
Easypaisa allows financial transactions including paying utility bills, sending or receiving money within the country.
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Attock Refinery to upgrade plant, boost gasoline output
Negotiating with government for change in pricing mechanism.
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Industry concerned over tight monetary policy
Says high interest rate impedes investment, trade .
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Solve power crisis, say industrialists
Kaira for fair distribution of gas among provinces.
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Be positive: Negative perception limits investment in stocks
IGI launches portal to provide online access to investment information.
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Merger: Arif Habib, MCB units ink deal
Board of directors, shareholdings decided.
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Forex reserves jump to record $17.28b
Reserves held by the State Bank of Pakistan (SBP) rose to $13.66 billion from $13.44 billion.
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Market watch: Karachi bourse follows regional market slump
Karachi Stock Exchange benchmark 100-share index ended 1.32 per cent or 165.74 points lower at 12,411.8.
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Board of Investment: Foreign investors to pay higher levies
Body to facilitate public-private sector dialogue.
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‘Tax evaders should face harsh punishment’
Low tax-to-GDP ratio causes Rs800b revenue loss annually.
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Global market: OGDCL’s equity-linked bonds to raise $1 billion
Petroleum ministry allows offshore sale of bonds of the oil sector's giant.
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Financing the revenue gap: Provinces refuse to bail out federation from financial trap
Refusal from provinces will further spoil Pakistan's case with the IMF which has suspended a $11.3b bailout programme.
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Concern voiced over livestock smuggling
Prices of skins and hides increase.
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Energy-efficient technologies: Punjab to collaborate with Dutch institute
Roadmap developed to resolve power issues.
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Promotion of legal trade: Traders in Chaman join hands
New fruit and vegetable market to bring in revenue.
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Textile exports surge 26% despite power cuts
Cotton cloth main contributor to growth.
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Oil production from Tal crosses 9,000bpd
Pakistan Oilfields to profit the most.
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Telecom: IT secretary appointed
During his tenure, he will make efforts to resolve issues of USF, research and development fund.
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Market watch: Stocks, volumes fall in volatile session
KSE-100 ends down 81 points.
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Foreign investment: SECP registered 23 companies last month
SECP registered 23 companies with foreign investment in December 2010, according to an SECP press release.
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Company boards: Focus on performance and not on numbers, says Unilever CEO
Mix of skills and experience is important.








































