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CORPORATE CORNER: Silkbank records sharp rise in profitability
Net mark-up income of the bank grew significantly, by 43% compared to the nine months ended Sept 30 2015
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Facilitation: FCCI pushes for pro-industry culture
Says industrial tariffs are highest compared to competitors
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Karachi port: PTEA concerned by seizure of containers
This would not only result in huge losses to exporters but also the national exchequer
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PIA’s accumulated losses fly up to Rs267.56b
Up 2.3%, spokesman blames strike in February for low earnings
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Hydroelectric power: Investor that quotes lowest tariff will win project bid
NEPRA shifts to power tariff based on competitive bidding
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Ministry alleges NEPRA caused Rs90 billion loss
Says lower tariffs set by the regulator put undue burden on power sector
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Group taxation relief: SHC grants interim stay in favour of big firms
SHC restrains FBR from collecting tax on inter-corporate dividend income
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CPEC: Chinese barred from working at Sost Dry Port
Port has been leased to NLC for a period of 20 years
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Lucky Cement rakes in Rs4.04b profit
Revenue rises 5% during Jul-Sep mainly on the back of growth in subsidiary’s sales
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Byco books Rs57.17m profit
The gross sales improved to Rs22.56 billion from Rs21.34 billion in the quarter in 2015
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Corporate results: Engro Corp’s profit grows 3% in Jan-Sep
EPS amounts to Rs16.93, earnings clock in at Rs11.3b
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Foreign exchange: SBP’s reserves decrease 0.72% week-on-week
SBP made payments of $137 million on account of external debt servicing and other official payments
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Indus Motor posts profit of Rs3.05b, up 4%
Declares interim cash dividend of Rs25 per share
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OGDC profit drops 20% to Rs14.63b
Fall attributed to high costs, lower sales value
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Corporate results: DG Khan Cement’s earnings up 25%
It comes on the back of higher revenues, better margins
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No poultry exports made to Middle East in 6 years
Association asks govt to persuade these nations to lift import ban
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Neelum-Jhelum project had a poor design, says WAPDA chief
Rock bursting, water seepage were among reasons that caused cost and time overrun
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Government makes fresh borrowing of $1.8 billion
Loans taken to meet external debt obligations, protect foreign reserves
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Banks deny FBR access to foreign currency accounts
Law, however, allows taxmen to seek information about accountholders
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Imran’s show yet to begin and $3.35b wiped off already
Pakistan’s benchmark 100-share index has retreated 3.75% over a week
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Stock exchange sheds 539 points as political uncertainty looms
Imran Khan has vowed to launch Nov 2 Islamabad protest at all costs
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Ousted Tata boss's hostile defense takes boardroom battle public
Mistry, chairman of Tata Sons since 2012, accused the board of failing to give him "room to move"
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Pakistan Post signs deal to digitise money order service
Under the agreement, Karandaaz Pakistan will provide technical support to design 'mobile money order'
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FFC’s profit down 10% during Jul-Sep
Lower earnings come on back of higher finance cost, lower revenue
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Hubco’s Jul-Sep profit amounts to Rs2.65b
Earnings down 2% from last year due to squeezed turnover
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Corporate results: Amreli Steels’ earnings decline 32%
EPS amounts to Rs0.76, share price goes down 4.39%
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By 2020: Microfinance industry to receive Rs40b from DFID
Organisation has been working with microfinance providers to establish key institutions
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Agricultural growth: World Bank team meets Sindh livestock dept
Discusses investment to transform dairy and livestock sectors
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Directives: SNGPL, SSGC to print meter-reading on utility bills
Move comes after consumers complain of excessive bills
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Market watch: Stocks continue to bleed as investors opt for caution
Benchmark KSE 100-share Index falls 237.95 points
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Work on 7,000MW coal-based power plants likely to be abandoned
Projects are facing shortage of coal and necessary finances
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‘ADB alone cannot fund Diamer-Bhasha dam’
ADB president stresses on governance issues, need to address corruption
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World Bank’s Ease of Doing Business Index: After methodology change, Pakistan moves up to 144th
Out of ten indicators, country’s performance worsened on five, improved on three and remained same on two
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Pakistan up 4 places in Ease of Doing Business index
Ranking is based on responses received from two cities – Lahore and Karachi
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ADB eyes increasing assistance to Pakistan
Forecasting the country’s growth trajectory, increases its development assistance in infrastructure
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Engro Fertilizers makes Rs2.9b profit in Q3
Declares Rs2.5 per share as interim dividend
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PICT posts Rs2.12b profit, up 22%
Board recommends interim cash dividend of Rs6 per share
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Corporate results: Pak Suzuki’s profit falls 76%, share price plummets
EPS also declined massively to Rs5.32 during July-September
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Corporate results: Earnings of Mari Petroleum soar 88%
Company’s share price rose 2.15% in PSX trading
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Punjab looks to take lead in being tech-savvy province
Holds roundtable conference on policy draft, invites suggestions from stakeholders.
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Agriculture target: Drought expected in peak season of Rabi crop
Minister assures it will not affect crop output, sufficient water available
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Builders threaten to stop work indefinitely
Urge federal govt to put off property valuation for one year
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K-P demands sales tax exemption for exploration firms
Insists it will attract investment and ease energy shortages
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KAPCO privatisation runs into trouble
Govt fails to satisfy investors on fate of power purchase agreement, coal policy
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India's Cyrus Mistry denies filing 'caveats' against Tatas
Tata Sons had announced Mistry's removal as chairman with company patriarch Ratan Tata taking over
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FFBL’s profit jumps 44% to Rs244 million
Revenue climbs 50% on higher DAP and urea sales
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Pakistan Refinery turns into profit
Earns Rs122m against loss of Rs648m last year.
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Pak Elektron posts Rs741m profit, up 39%
Earnings per share stood at Rs1.53, sales grew 13%
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Regional cooperation key to economic wellbeing
Khawaja Asif speaks at the first Energy Investment Forum
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World Bank to train female entrepreneurs
Programme to be launched in Faisalabad soon

















































