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Mobilink posts Rs47.5b revenues
Mobilink closed the first half of 2010 with revenues of Rs47.5 billion, showing an increase of 11.4 per cent.
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KSE continues to fall amid thin trading
The stock market dropped for the fourth day in a row as volumes tumbled during trade on Thursday.
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OGDC earns Rs59b in fiscal 2010
Shareholders have announced that OGDC has earned Rs59.2 billion ($688 million) in net income for the fiscal year 2010.
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Recovery of crops to cost billions: UN
The UN has said that the flood recovery costs for Pakistan’s agriculture sector and farmers could be in billions.
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Deficit widens to $1.45b in July
Pakistan’s trade deficit widened by 24 per cent in July as import growth surpassed the growth in exports.
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Give, we must
With the onset of the holy month of Ramazan, Pakistan is beset with its worst natural disaster ever.
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LPG prices surge in Punjab and KP
Closure of Pak-Arab Refinery has fueled a massive surge in prices of LPG in Punjab and Khyber-Pakhtunkhwa.
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Flood impact not as bad as expected
Analysts say initial estimates about negative impact of flood on Pakistan’s economy appear to have been exaggerated.
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Donations worth Rs25m for flood victims
Federation of Pakistan Chambers of Commerce and Industry pledged donations worth Rs25 million for flood victims.
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KSE develops new platform
KSE has developed a new platform for reporting ‘off-market transactions’ called Negotiated Deals Reporting Counter.
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Banks asked to set up agri finance dept
The State Bank of Pakistan has asked banks to set up and maintain a fully dedicated Agriculture Finance Department.
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KSE fails to sustain itself at 10,000 points
Stock market fell for the third consecutive day this week to close at 9,875.68 points as investors remained cautious.
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Remittances rise 6.2 per cent in July
Overseas Pakistanis sent home remittances worth $791.19 million in July.
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No plans to set up manufacturing plant: Samsung
Due to rapid development seen in the market, Samsung is focused on establishing more service centres in Pakistan.
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Inflation at 12.34 per cent in July, worst yet to come
Authorities are afraid that food prices may increase in coming months due to disruption caused by floods.
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Car sales fall 32% in July
Sales have fallen 31.6 per cent in July as prices rose after the government increased the GST to 17 per cent.
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Growth target of 4.5% may be missed
Pakistan’s catastrophic floods mean it will miss this year’s 4.5 per cent gross domestic product (GDP) growth target.
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Shan Foods at odds with certification body
Shan Foods has asserted that the PSQCA does not have the expertise to certify the company’s products
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Bank holiday on the first day of Ramazan
The SBP and all offices of SBP Banking Services Corporation will remain closed for public dealing on first Ramazan.
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Steel production may increase to 10m tons
Steel production is expected to increase to 10 million tons by the year 2015 and 20 million tons by 2020.
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July CPI likely at 12.34%
The Consumer Price Index (CPI), the key indicator of inflation, likely rose by 12.34 per cent year-on-year in July.
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Local children have Rs21.5b to spend: Cartoon Network
A Cartoon Network survey has revealed that Pakistan’s children have a total spending power of Rs21.45 billion.
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Stocks sink below 10,000 points on flood worries
Stocks tumbled for the second day running on Tuesday, falling below the 10,000-point level.
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Local children have Rs21.5b to spend: Cartoon Network
A Cartoon Network survey has revealed that Pakistan’s children have a total spending power of Rs21.45 billion.
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Lucky Cement announces Rs4 per share dividend
Lucky Cement Limited has declared a lower-than-expected net profit of Rs3.1 billion, down 31 per cent on yearly basis.
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55% intra-regional trade potential unutilised
Nearly 55 per cent of the total potential for intra-regional trade in South Asia has not been exploited.
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Pakistan may absorb Indian cotton, sugar surplus
India is set to produce bumper crop of sugar and cotton in 2010-11 part of which is likely to be absorbed be Pakistan.
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FIA harassing steel manufacturers: LCCI
The LCCI has appealed to the PM and Chief Justice to constitute a high-powered committee to sort out issues.
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Hubco’s net profit surges 47 per cent
Hub Power Company’s (Hubco) net profit surged 47 per cent to Rs5.6 billion for fiscal year 2010.
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Stocks plummet 289 points
Stocks tumbled on Monday closing marginally above the crucial 10,000-point level.
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Oil sales show upward trend in new fiscal year
Oil sales rose 10 per cent in the first month of the current fiscal year when compared with July last year.
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Sugar prices up again
The price of sugar has hit Rs72 per kilogramme in the retail markets of Karachi and Lahore.
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Cement supplies disrupted
Supplies of cement all across Pakistan have been disrupted due to excessive flooding in all provinces.
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K-P infrastructure affected: PTA
Recent floods have seriously affected the infrastructure of telecommunication services in Khyber-Pakhtunkhwa.
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‘Pakistan can earn billions by branding sports goods’
Pakistan can earn $15 billion if it identifies the untapped potential of branding sports goods.
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Better Business Analytics
Typically, business activity is consolidated and evaluated at the end of every quarter or month.
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The week in focus
Pakistan is trapped in a vicious cycle of debt and options to come out of it are few.
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Talking business
This is a game changer. The floods may have washed away life and livelihood, infrastructure and crops and we’ll be a
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Are provident funds worth your while?
The laws governing provident funds in Pakistan are atrociously unfriendly to investors but that does not mean that
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Growing fiscal deficit and rise in pensions
The federal government has recently announced healthy increment for retired personnel.
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Exploiting the potential of cutlery exports
The cutlery industry has not gone through a technological evolution and most of it is operated independently.
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Looking for a high-paying job? Be careful!
As soon as Ali read the entire message there was no doubt left in his mind that he was in the process of being conned.