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Systems Limited posts profit of Rs205.6 million in 1HCY15
IT company sees revenues increase by 28% to Rs1.2b
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market watch: Powered by oil, bourse marches north
Benchmark KSE 100-share index rises 279.04 points
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Risk management will improve once PSE is formed
KSE MD says no distinction between TREC holders of different locations
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CDWP clears Rs24.5b youth training programme
Gives its nod to over two dozen new development projects
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Top officials apprehended: Life at SSGC comes to a standstill
Three officials already taken away over corruption allegations
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Revenue collection up a little, tax hike up a lot
Increase in GST on petroleum products comes amid failure to meet tax target
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Gas prices to go up 3.8%, petrol prices down 3.9%
Decision comes following a worldwide fall in prices of petroleum products
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Pakistan's fake drugs markets sell medicines made of poison and brick dust: report
Drug Regulatory Authority has carried out raids to curtail the fake drug trade but the problems still persists
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New strategy required for tax-trapped telecom sector
Revenues at risk, customer base to shrink as telecom industry imposed with taxation
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Slowly and steadily looking to win the race
Railways eyes private partnership to improve quality of services
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India bid to halt Pakistan projects fails
Besides China, Islamabad should also focus on Central Asia
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China’s slowdown: Why another global crisis is not in the offing
Economies have far stronger capacity to weather such shocks
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A developing, but increasingly expensive service industry
Pakistan is seeing high inflation in the sector that is fast becoming dominant
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Unregulated data collection bane to policy decision
Govt’s outdated methods paralysing economy, leading to vast illegal networks
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Trade policy likely to meet the same fate as earlier ones
Pakistan needs to be part of global supply chain, promote regional trade and become a transit hub
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Suzuki to buy back shares as Volkswagen row settled
The ruling came four years after the Japanese small car maker attempted to end an alliance with the German auto giant
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A wonderful web
From a high-powered corporate job to a solo venture online
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Restructuring: Need to focus on value-added textile, says Dastgir
Falling exports serving as eye-opener, says commerce minister.
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Audacious move: China scraps loan-to-deposit ratio cap
Since 1975, no more than 75% of deposits could be offered as loans.
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Surge: Microfinance savings’ portfolio expands by Rs9.3 billion
Number of savers in April-June jumped to 13.1m, increases 28.5% Q-o-Q.
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Trade Policy Framework 2015-18: Irked business community says it was not consulted
Expresses concern over not being taken onboard for finalising policy.
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After January incident: Build storage facilities to counter fuel shortage, says Abbasi
Says space required to prepare for growing demand, wants higher quality petrol at outlets .
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Roadblock in the air: Legal hindrance unearthed in PIA’s privatisation attempt
Under the PIA Act of 1956, its shares cannot be transferred to any other party.
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Crisis in Greece: IMF’s Lagarde says restructuring should suffice
Also weighing in on China’s stock meltdown, she says slowdown was unavoidable.
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Auditing pension system: Minister orders probe of 600,000 ‘ghost pensioners’
Special panel to review system, point out malpractices, suggest remedial measures
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Weekly review: After disastrous start, market recovers most of its losses
Bourse recoups losses on recovery in oil prices, positive domestic developments.
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Food security: First meeting of NFSC remains pending
World Food Organisation keen on extending financial support
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Brunei keen on enhancing trade ties
High commissioner expresses wish to deepen trade relations
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Corporate result: Indus Motor’s profit up 135%
Earnings recorded at Rs9b during FY15; somewhat below expectations
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Body to develop plans for power projects
Will come up with recommendations in two weeks
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Market watch: Oil leads the way as index closes at 34,447
Benchmark KSE 100-share index rises 486.18 points
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Centre to consult provinces on regulating LPG market
Prices for domestic consumers will fall if new LPG policy is approved
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Research centre on its way to boost agriculture
International crop improvement facility being roped in
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Govt’s policy to eat up tractor manufacturers’ market share
Imports from Belarus to hit domestic players and employment base
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Despite tax hike, big banks continue to shine
Net income of five largest banks registered increase of 12%
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Cabinet approves three-year trade framework
Trade policy in contradiction to ‘Vision 2025’ that targets exports of $50b
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The loan write-off non-issue
Gone are the days when banks used to need public bailouts. Instead, banks today are some of the largest taxpayers
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In a first for Pakistan, Lodhi rings NASDAQ's bell to mark independence day
This is the first time the stock exchange has opened its doors to an ambassador from Pakistan to ring the opening bell
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Asia extends global stocks rally as upbeat US GDP soothes sentiment
On Thursday, the S&P 500 recovered about half of its 11% drop over six days. Japan's Nikkei stock index was up 2.4%
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IMF probing govt’s numbers on last year’s fiscal deficit
Investigation comes after independent experts challenged govt’s claims
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Shortfall: Absence of political will behind low tax revenue
PIAF chief says low collection has affected development strategies
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Forex: Reserves go down 1.1% week-on-week
The SBP made payments of $94 million on account of external debt servicing during the week
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Thal Limited’s profit up 87%
Earnings stand at Rs2.8b compared to Rs1.5b earlier
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Fatima Fertilizer’s earnings double to Rs6.8 billion
Company outperforms KSE-100 index as higher sales drive revenues
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Standard Chartered Bank profit rises 5.7%
A growth of over 9% has been recorded in deposits since the start of this year
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Corporate results: KASB Corp posts net loss of Rs12.5 million
Loss 36.2% higher than that incurred in six months of 2014
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Direct flights: Turkish Airlines to fly from Islamabad to Baku
Pakistani travellers now have the option to travel to 180 destinations throughout the world
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Market watch : Bourse soars with the aid of oil, cement stocks
Benchmark KSE 100-share index rises 423.87 points
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NAB starts probing LNG imports from Qatar
Investigators visit head offices of PSO and SSGC, seize relevant record
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PIA to lease seven new jets, expand fleet
Also in talks with Airbus and KLM to upgrade its engineering facilities