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11MFY14: Repatriation of profit stands at $1.1b, data shows
Amount 14.5% higher than corresponding period of previous year.
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Karachi-Lahore-Peshawar: Govt may revive rail link for coal shipment
Project is part of several schemes to be discussed with China in July.
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Market watch: Led by oil, index glides in the black
Benchmark KSE-100 index rises 155.23 points.
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Third review cleared: IMF releases $550.9m tranche for Pakistan
The review confirms that Pakistan’s economy is on track with the conditions listed in the IMF loan programme.
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Pay up: Minister asks Sindh govt to clear electricity dues by June 30
Sindh govt owes Rs27 billion to HESCO and SEPCO.
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Islamic Development Bank assures continued support
Will help Pakistan enhance exports to Islamic countries.
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Leather industry seeks government support
Sends alarm signals as exports decline 14%.
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Swelling: Forex reserve increase 6% week-on-week
SBP’s foreign exchange reserves increased $521 million to $9,190 million compared to $8,669 million last week.
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Launched: Sindh Bank’s maiden Islamic branch inaugurated
President says four dedicated branches to become operational within 3 months.
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Boosting sales: Dasu dam to cement industry’s growth
Increase in demand may hit 5% in 2015.
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Industry calls for expediting work on Gwadar Port
Asks govt to complete all mega projects in Balochistan.
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Running dry: Power plants running out of power
Have oil stocks for only three days due to delay in payments to supplier.
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Money shortage: Lack of fund allocation for PSM restructuring
Govt earmarks Rs5b instead of the required Rs12b for mill’s revival.
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Market watch: Political stability leaves bourse in the black
Benchmark KSE-100 index rises 207.19 points.
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Security woes: Community policing a success in industrial zone
Sindh Police IG hopes other zones in Karachi will follow suit.
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Ramazan relief: CNG station operators demand 12-hour supply
Seek govt’s nod to run business for five days a week.
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Telecom: MoIT releases annual report
Highlights achievements, policies for developing ICT sector.
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Halal Food Zone to be set up in Faisalabad
Fresh products will be exported within a day.
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APCMA chief wants import duty on coal withdrawn
Calls tax ‘injustice to cement industry’.
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Budgetary support: Government borrowing from SBP spikes 25.6%
Credit to private sector rises 33 times period last year.
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Free trade: US places no curbs on LNG export to Pakistan
American private firms need licence for gas sales to foreign countries.
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PPL share offer: PC sets base price at Rs205 per share
Gives a discount of 4.2% over price in stock market.
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Market watch: Index falls again as investor interest flags
Benchmark KSE-100 index falls 76.10 points.
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Govt objects to Rs14.2b defence ministry proposal
Ministry sought funds out of development budget to procure 6 patrol vessels for Pakistan Maritime Security Agency
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Partnership clenched: ITFC approves of economic progress
Dar highlighted that present government was concentrating upon economic and social progress to strengthen the economy.
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Remove illegal slums, ICCI president urges
Cites their potential to host criminals and hinder business growth.
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Export opportunities: Pakistani exhibitors prepare for Mumbai event
PRGMEA chairman expects orders valuing $600m after event.
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Anomaly: Three GST rates prevalent in country
Analysts say 3 different sales tax rates not only create confusion in taxpayers’ minds but also result in complexities
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Warid eager to launch 4G, looks for rollout after Eid
Company testing its LTE services while awaiting approval from PTA.
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Gas supply at stake: Trans-Caspian pipeline threatens to bury TAPI project
Experts suggest Pakistan must seek supply guarantees from Turkmenistan.
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Promotion: Job fair for women concludes on a high
More than 150 candidates take part, develop linkages with trade organisations.
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Banking spread increases to 6.1% in May
SBP data shows average lending rate on outstanding loans clocks up at 11.1%.
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Market watch: A mixed day at the bourse
Benchmark KSE-100 index rises 58.41 points.
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Pakistan Petroleum Limited: Brushing tension aside, govt to float PPL stake
PC board to approve base price for 5% PPL shares in today’s meeting.
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Gas woes: Sindh expresses dissatisfaction
Sindh government has expressed its reservation over the Gas Infrastructure Development Cess.
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Development: PTA chairman reveals high-tech plans
The chairman PTA reiterated government’s resolve to support and develop the telecom sector.
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Spending plan: Dire need to mobilise foreign investment
Govt working on projects to solve energy crisis.
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BISP beneficiaries: MoU inked for vocational training
SITE body, BISP tie up to tackle poverty in country.
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Market watch: Caution prevails but index closes higher
Benchmark KSE-100 index rises 307.19 points.
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Visitors breach record at ‘My Karachi’ fair, claims KCCI
Local and foreign exhibitors establish over 300 stalls.
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Trade incentives: GSP Plus gives sharp boost to textile exports
Shipments surge 31% in first two months after winning duty concessions.
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Low score on the Connectivity Scorecard
Pakistan ranked 25th out of 26 developing telecom markets, according to study.
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Progress: Helping Islamic banks park liquidity
Shariah board of SBP approves Salam-based structure for short-term instrument.
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CASA-1000 project: Pakistan, Tajikistan agree on electricity tariff
Price set at 5 cents per unit, will lead to a power purchase deal.
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Dairy hubs, training sessions transform farming in Pakistan
Farmers adopt modern methods to increase output, comply with global best practices.
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Gwadar Port – a lifeline for regional economic link
Its development will generate billions in revenues and create 2m jobs.
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Sukuk’s potential to fund infrastructure, energy projects
Funds must not be used to meet general borrowing needs.
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Banking sector: Fatter paycheques despite thinning profits
Majority of bank CEOs’ remuneration went up in 2013.
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Rising costs amid sky-rocketing security concerns
Insurance premiums on shipping lines increase following threats of attacks.
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Strawberry plants: Born in the US, raised in Gilgit-Baltistan
Businessman import plants, grows fruit in Pakistan.
















































