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11MFY14: Savings mobilisation reduces by almost a half
Data shows amount totals Rs174.1b, 48% less than what was recorded in 2012-13.
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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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Progress: Helping Islamic banks park liquidity
Shariah board of SBP approves Salam-based structure for short-term instrument.
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Banking sector: Fatter paycheques despite thinning profits
Majority of bank CEOs’ remuneration went up in 2013.
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11MFY14: Current account deficit rises
Low exports in May a reason behind weak BoP position.
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July 1 to June 6: Govt borrowing from SBP totals Rs382b, data shows
Amount 13.4% less than previous year; reliance on banking sector reduces.
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11MFY14: Buoyed by 3G, 4G licences, FDI rises 2.5%
Major increase witnessed in telecommunication sector, shows SBP data.
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In process: KSE index could shoot up if military offensive successful
Topline Securities report states stock market could touch 33,000 by December.
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With heavy reliance on federal govt, Sindh keeps agriculture tax elusive
In absence of resource mobilisation, province resorts to indirect taxation.
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Book-building: Investors show strong interest in UBL shares
Offer oversubscribed at an estimated strike price of Rs158 per share.