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Sit-in and govt’s reaction will all take toll on economy
Using cargo-loaded containers will have drastic effects on exports, revenue and economic outlook
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Case study: Politics of a liberal economy
Rent-seeking, rightwing populism emerge as big hurdles to liberalisation
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China's Shanghai Electric to buy $1.77bn stake in K-Electric
Abraaj Group says it has entered into an agreement with Shanghai Electric to divest its 66.4 pc stake in K-Electric
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Corporate Corner: Bank Alfalah posts Rs6.266b profit
The bank’s YoY net interest income levels increased 2%
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USAID mission director honoured
Groarke delivered a key note speech focusing on the ‘Diaspora Engagement for Impact Investment in Pakistan’
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TTIP: EU, US trade deal not dead yet
Govts across Europe. Washington and Brussels were committed to sealing TTIP before President Obama leaves office
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Weekly review: Bourse depressed amid political noise, subdued oil prices
Benchmark-100 Index down 1,419 points, 3.44% week-on-week
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Lay-off: Volkswagen expects five-digit number of job cuts
VW’s works council expects up to 25,000 staff to be cut over the next decade as older workers retire
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OPEC, non-oil cartel members discuss cuts
OPEC official calls for ‘maximum commitment’ in controlling supply glut
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Central and South Asia: IFC encourages wider participation in digital link
A fibre optic cable will be laid to link countries in the two regions
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Water shortage: Dry weather threatens wheat production
Farmers count heavily on this staple crop to earn their livelihood
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Government retains incumbent chief economist
Development comes despite pleas from Economist Group to promote one of theirs
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Truckers threaten strike as govt ‘seizes’ cargo containers
Goods carrier associations claim authorities using loaded containers to block roads in Punjab
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First CPEC-specific shipment to arrive in mid-November
Containers will enter through Sost border in Gilgit-Baltistan
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Ijara Capital Partners granted licence to operate private equity fund
The licence has been granted under the newly-promulgated Private Fund Regulations 2015
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Ufone, Telenor set to offer iPhone 7 and 7 Plus
Ufone customers can pre-order the smartphone starting from November 4
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Loads earns Rs63 million
Trading in shares of the company will start from November 1
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Fauji Cement’s profit down 45% to Rs609m
EPS decreases to Rs0.44 during July-September quarter
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Al-Shaheer Corp records Rs41m loss
The meat retail and export company booked a consolidated loss of Rs41.02 million
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Ghandhara Nissan’s earnings up 30%
The company can produce 1,200 vehicles annually on a single shift basis
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Hascol Petroleum’s profit surges 20%
EPS stands at Rs7.49 compared to Rs6.24 in corresponding period last year
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Corporate results: Atlas Honda posts Rs860m profit
Atlas Honda Limited’s share price closed at Rs507.42, down 4.75%
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Debt and equity securities: SECP approves framework for public offering
Says it has reduced number of regulations to ensure ease of doing business
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Market watch: Foreigners buy, but index still ends lower
Benchmark KSE 100-share Index falls 114.43 points
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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%
















































