Stories from Kazim Alam
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Pakistan upgraded to emerging markets status
PSX surges over 2% as Pakistan upgraded to emerging markets status
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Past empty promises cast dark cloud over Sindh’s allocations
Funds earmarked for five departments given a hefty boost.
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Sindh rides much-touted tax collection on back of indirect taxes
Direct taxes amount to just 7% of total provincial tax receipts
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Raising equity: Engro Corp sells partial stake in fertiliser unit for $185m
Its shareholding in Engro Fertilizers now reduced to 56.6%; deal part of strategy to focus on power-related projects
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Engro Corp sells stake in fertliser unit
Company's shareholding in its fertiliser-manufacturing subsidiary has been reduced to 56.6% following the transaction
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Annual development programme: Sindh govt remains miserly, spends only 53% funds
Rs63.4 billion spent out of released amount of Rs119.2 billion, according to released position of 11MFY16
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Continuation of tax measures bodes ill for banks: analysts
Will hurt earnings by 6%, lead to additional tax burden in April-June quarter
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Stock market: Investors to be driven away by budget measures, say stakeholders
Revision in CGT structure, increase in tax rates will hurt trading volumes on PSX
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ACE Securities to finally clear investors’ money
Its chairman has agreed to plea bargain, submitted application with NAB
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Bank CEOs earn 367 times more than average Pakistani
Yearly remuneration of each CEO amounted to Rs59.6 million on average in 2015
