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An alternative to financing investment
For individual investors mutual funds provide numerous benefits.
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Vegetable exports down $16m
Vegetable exports have recorded a decline in the vicinity of $16 million to date as a result of losses.
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Indus Motor net profit doubles to Rs3.4b
The company announced a final dividend of Rs10 per share for the year ended June 30, 2010.
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Funds shortage may bring clean water project to a halt
The ministry of special initiatives has immediately sought Prime Minister Yousaf Raza Gilani’s intervention.
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Car assemblers’ profits up 100% in last quarter
All car assemblers including Indus Motor, Pak Suzuki and Honda Atlas have announced quarterly or full-year results.
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Copper firm seeks mining licence
TCC has submitted its feasibility study to the government of Balochistan, seeking mining licences.
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Govt defers plans to export surplus wheat
Devastating floods wash away grain stocks and raise concerns about the next crop.
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World Bank team to arrive in September
(WB) delegation, headed by Carlos Silvani, is expected to arrive in Pakistan on September 14.
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Lack of opportunities leads to brain drain in technology sector
As soon as an IT professional attains experience, he feels consumed by the need of finding a high-paying job.
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KSE sheds another 82 points
The market opened the week in the negative as investors preferred to stay on the sidelines.
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BMW announces Dh1m for flood victims
The donation will be given to a humanitarian organisation operating in the country called CARE.
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Philanthropy and logistics for flood relief
It is not uncommon to hear about relief attempts being hampered due to insufficient logistical planning.
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The case for outsourcing
More and more businesses worldwide are contracting out functions that were previously thought to be important.
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Survey of flood-affected areas
What is most important is to invest some resources in analysing the flood path with areas that are low lying.
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Can we stop smuggling?
The recent transit trade agreement with Afghanistan goes in Pakistan’s favour.
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The week in focus
Pakistan will not be able to recover in one year, so it may allocate resources every year to gradually reduce losses.
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Never use your credit card
There is nothing wrong with having a credit card, but nobody should ever use one for absolutely any reason whatsoever.
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Corporate intervention and social business
Devastation of economic and social fabric due to floods demands international and local collaboration for survival.
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Reducing the banking spread
Pakistani banks appear to be little concerned about matters such as their fiduciary duty to their depositors.
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Uncertainty looms over cotton supplies
Activity in cotton exchanges has declined while the extent of damage to cotton crops is still largely unknown.
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Second phase of amnesty schemes ends on 31st
Companies have been provided an opportunity to get themselves regularised by filing their overdue returns.
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Auditor general not to contact taxpayers directly
The auditor general of Pakistan has been stopped from contacting taxpayers directly by the FBR.
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IMF might provide emergency financing
IMF has said that there is a possibility of providing emergency financing to Pakistan.
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‘Ability to refine crude oil could save billions’
When Irfan Qureshi took over as MD, PSO last year, the nation’s largest oil marketing company was in dire straits.
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Market drops another 2.7 per cent
Investor sentiments hit rock bottom on possibility that the margin financing product might be delayed indefinitely.
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71% rice crop destroyed in Khyber-Pakhtunkhwa
Out of the total of 76,564 acres of land used for rice cultivation, 54,665 acres were simply washed away.
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Govt to invoke law to discourage pilot strikes
The government had decided to consider the services of PIA’s pilots under a new ordinance to avoid a go-slow policy.
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Power tariff hike not necessary: businessmen
Businessmen all over Pakistan have rejected the recent increase of 26 paisa in power tariff.
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Refining margins down 60 per cent
GRMs are down 60 per cent to $1.5-1.8 per barrel in August compared with the preceding month.
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Privatisation Commission to revive proposal
It was decided to revive the convertible bonds proposal to strengthen Public Sector Enterprises and generate revenue.
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Banking spreads at 16-month high in July
Average spreads enjoyed by banks in the country stood at 7.6 per cent last month.
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Price ceiling for LPG
The decision was taken to ensure the protection of consumers and dissuade the formation of cartels.
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PTCL net profit crawls up
PTCL's net profit increased 1.56 per cent to Rs9.29b in financial year 2010 but it failed to meet market expectation.
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KSE-100 rises by 14 points amid low volumes
Investors remained largely at bay in local equity markets as the KSE registered a nominal increase of 14 points.
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FBR seeks documents from oil marketing companies
FBR has sought documents related to sales and margins on petroleum products in a bid to resolve the turnover tax issue
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Bank Alfalah: surprise of the day
The net profit fell 2.8 per cent to Rs1.08 billion against Rs1.11 billion posted in the same period last year.
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Pakistan likely to cancel wheat export plans
A decision not to export would add to weather-related cuts in wheat available to the international market.
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KESC to issue right shares
The decision was taken after the net equity of the KESC finished at a negative Rs 525 million.
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Shell Gas profits down
The company also did not declare any dividends, according to a notice sent to the stock exchange.
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Thar coal ignored by federal government
A lack of infrastructure and absence of proper incentives by the federal government are chiefly to blame.
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Reversing the decline in investment
Foreign direct investment has plunged even further by over 40 per cent in 2009-10.
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Pakistan likely to scrap wheat exports
Pakistan has lost at least 725,000 tonnes of wheat in the country's worst flooding in 80 years.
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ICI Pakistan net profit increases
ICI Pakistan beat analyst expectation as the company reported an increase in net profit on Thursday.
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FBR finalises modalities for capital gains tax
FBR has decided that the 10 per cent capital gains tax will be applicable on day trading of equities.
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International programme set to promote entrepreneurs
The selected entrepreneurships will have access to global businesses and capital through the programme.
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Japan offers $23m grant
Pakistan will receive $23 million from Japan for the improvement of sewerage and water supply system in Punjab.
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KSE creeps up 31 points
Stocks went up slightly on Thursday after the market fell consecutively during the first three days of the week.
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PIA losses swell 28%
The company’s profits fell even though revenue went up by more than 17 per cent.
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Disease attack on cotton crop feared
Cotton farmers have expressed fears over a possible attack of a disease on the crop due to heavy rains.
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Lotte PTA profit jumps 80%
Lotte Pakistan PTA net profit surged 80 per cent to Rs2.18 billion in the first half of the current year.