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Both India and Pakistan need to ease trade restrictions
PBC report highlights potential between the two countries
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Cost escalation: BISP’s poverty survey costlier than population census
Pressing need to conduct the survey; amount estimated at Rs10b
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Developing tourism: K-P TC leases 15 guest houses
Explained that existing staff will also work and will be trained for hotel management and hospitality courses
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Withholding tax: LCCI demands resolution of issue
Government to take the business community in confidence in all such matter
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Currency: Rupee stable against dollar
Remittances amounted to $16.6 billion in the first 11 months of 2014-15
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Missing targets: Revenue collection overstated by Rs7b
SBP and FBR differ on final amount of fiscal year 2014-15
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Vision 2015: Modern, diversified agro sector
The official highlighted the objectives for achieving food security for protecting the most food-insecure segments
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Wheat export to Sudan, Yemen suggested
Exporters say market of 500,000 to 600,000 tons exists.
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Made in India: Volvo to export buses to Europe
Company announced investment worth Rs4 billion to double output in Hoskote.
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Solar power: Dawood Group’s Reon eyes tube-well project
Awaiting clarity on methodology of replacing old tube-wells
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Caffeinated: Starbucks to inaugurate Johannesburg café
Cafe to open early next year, followed by other locations.
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Businessmen meet customs officer to break stalemate
Customs, traders have a dispute over old machinery import.
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STPF 2015-18: Trade policy in the offing, says Dastgir
After incorporating recommendations, draft to be submitted to federal cabinet.
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New enterprise: Nishat Group establishes new subsidiary
It approved to issue bank guarantees to Nishat Commodities amounting to Rs1 billion
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Fruits of cheaper oil: Major tariff cut expected, relief still unexpected
Majority of power consumers may not receive the benefit
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Market watch: Oil under pressure, index ends in the red
Benchmark 100-share index falls 49.73 points.
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Textile troubles
While govt should look into grievances, it won't be much to ask tycoons to use past windfalls to fund current losses
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Bastille Day greetings: Pakistan seeks to boost trade, defence ties with France, says Khawaja Asif
Pakistan has strong bilateral relations with France, said Defence Minister Khawaja Asif while extending greetings
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Mango yield : Production lower this year
Mango production has reduced to half compared to production last year
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Farmers’ woes: Agriculture not govt’s priority
Kissan Ittehad chief criticises authorities for neglecting sector
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Tax on transfer of vehicle ownership cut
Non-filers to be penalised when paying token tax
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Concessionary loan: SBP grants Rs20 billion to BankIslami
Central bank gave the money after KASB Bank was merged into BankIslami
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Pakistan pockets remittances amounting to $18.4b
Increase 16.5% year-on-year; June’s tally 9.5% higher
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Building blocks : DG Khan Cement to buy plant from Danish manufacturer
The $65m plant will have capacity to produce 8,500 tons per day.
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Rabi season 2015: TCP urged to import 150,000 tons of urea
Ministry of Finance and EAD asked to identify credit line on best possible terms
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Free market dynamics: CNG prices likely to be deregulated
Filling stations will be free to set rates; will spark competition
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Widening tax net : Chamber chief urges filing of tax returns
further informed that a historical agreement had been signed between the business community and the FBR
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Currency: Rupee stable against dollar
The currency market has remained stable for the past many months after experiencing extensive volatility
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Potential markets : ‘Businessmen should focus on ASEAN’
Pakistan could export many products to this enormous market, especially textiles and pharmaceutical
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Market watch: A volatile ride ends in the black
Benchmark 100-share index rises 384.33 points.
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The withholding tax brouhaha
The very people who are against the withholding tax are the biggest undocumented segments of the economy
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Windows 10 to be launched amid 'fan celebrations', philanthropic initiatives
Windows 10 will be available as a free upgrade for a limited time for genuine Windows 7 & 8/8.1 users on July 29
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Remittances up by 16.5% in 2014-15
Overseas Pakistanis sent remittances amounting to $18.4 billion in 2014-15
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Anti-British drive: Swadeshi movement, 110 years on
It gives a chance to see economic nationalism through the lens of history
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Free Trade Agreements: Pakistan constrained by several factors
Country continues to rely heavily on tax from international trade
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Metro Bus project: The need to realise the reality
A look into developed countries’ subsidised transport projects
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KASB Corporation: A slow and painful dismemberment
Regulatory action against KASB Bank started decay of conglomerate
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The issue of withholding tax: ‘Shock therapy’ won’t fix taxation mess
Businesses, multinationals will keep on finding loopholes to avoid paying tax
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Opportune moments: Economic upturn during month of Ramazan
Businesses earn more profit as consumer spending doubles
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Lessons Pakistan can learn from the great Greek tragedy
Lessons Pakistan can learn; time to reform is now
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The new fiscal: Services companies rue 8% minimum tax liability
Decision to have disastrous effects on development of technology and innovation, say industry experts.
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Auto sector: PAAPAM conveys concerns to FBR
Imposition of 15 per cent regulatory duty on imports of auto parts termed unjustified
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Boosting exports: LCCI chief promotes ‘branding culture’
Pakistani products lack recognition due to minimal branding.
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Corporate Corner: PM meets Telenor chief
The PM lauded the telecom sector of Pakistan and also appreciated Telenor’s performance in the country.
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TAPI pipeline: Consortium leader to be selected in September
Turkmen president says negotiations are at final stage.
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Infrastructure financing grows 22.6% in 1QCY15
Discount rate cut, improved economic conditions propel growth.
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Lapses occur in early stage of PSM privatisation
NCBMS Consulting disqualified, Pak China Investment Bank-led consortium makes the cut.
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Power shortage: Aeroderivative plants proposed to resolve problem
Ministry says these plants can be set up in a short span of time.
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Weekly review: KSE loses 1% as bullish momentum dies down
Increased selling drives down stocks; foreigners offload shares amid falling oil prices.
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President promulgates ordinance to reduce withholding tax rate to 0.3%
Once issued, the ordinance will come into effect from July 11, 2015

















































