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Flood impact: After brief stability, inflation starts rising again
Consumer Price Index stands at 7.7% primarily due to rise in food prices.
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Pakistan-Denmark: Working for mutual business benefit
Denmark minister stresses on areas of development
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Industry will not let GSP Plus go to waste: APTMA
Body’s new chief says exports have dropped $1b so far.
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Masood Textile: Chinese firm withdraws investment offer
Analysts believe transaction could have brought in Rs6b investment.
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BOP president to stay in office despite end of term
Govt takes the step in order to avoid disruption to bank business.
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Restructuring package: Steel mill receives Rs1.75b
The management has also decided that salary for 45 days, from mid-July till the end of August, will be disbursed
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Sigh of relief: Oil prices slashed by 2.8%
Petrol to cost consumers Rs103.62 per litre instead of Rs106.56.
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Facilitation: EU to help sharpen leather industry’s competitive edge
Launches programme to improve sector’s prospects
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First quarter: FBR misses tax collection target by Rs22b
Annual revenue target of Rs2.81 trillion under jeopardy
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Foreign investor: Lycamobile keen to invest in Pakistan
The delegates apprised the minister regarding global business potentials and key features of their company
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Sell-off: Difficult transactions lie ahead, Zubair says
Privatisation Commission chairman highlights issues regarding plan to privatise DISCOs, OGDCL .
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Market watch: Despite absence of triggers, index bounces back
Benchmark KSE-100 index rises 343.26 points
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Industry woes: Drug shortage feared as consignments stuck at ports
Raw material imported not being cleared by Customs
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Grey trafficking: Illegal gateway exchanges raided
Three accused have been arrested and are in FIA custody for further investigation.
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Production going up: PSM moves to revive contact with consumers
Management was arranging transport services for continuous delivery of iron ore and metallurgical coal.
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Lack of interest: Textile policy falls way short of export target
New policy yet to be announced despite calls for suggestions.
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Oil, gas regulator: Member gas challenges new appointment
Terms hiring of member oil illegal, but he may face charges of misconduct.
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Filing returns: Federal Board of Revenue urged to simplify rules
Current policies complex and promote evasion of taxes, says KCCI.
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Load management: Minister directs SNGPL to furnish plan
After the receipt of SNGPL’s plan, the ministry will review the matter.
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Bilateral relations: Indian diplomat stresses on strengthening ties
Says true trade potential remains untapped between neighbours.
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Driving growth in the poultry sector
Modern methods key to future prospects of farming.
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Pakistan, China investment: Sindh plays host to $130m wind power project
Joint venture will generate 50MW from Gharo wind corridor.
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Market watch: Investor interest flags amid thin volumes
Benchmark KSE-100 index decreases 322.52 points.
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SBP-IBA survey: Economic pessimism creeps back in
Consumers’ perceptions over current, expected conditions record single largest drop since January 2012
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Some simple advice
ADB said improvement in economic reforms and improving the security situation would help revive investment
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China took 12.3 per cent of world economy in 2013
In 2013, the service sector took largest share with 46 per cent of the total economy.
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Pakistan lagging behind regional competitors due to the absence of a firm govt policy
India, China ahead in production, global market share.
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‘Unaware’ farmers unable to reap benefits
Low-quality BT cotton seed variety adds to their woes.
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Restricted focus: Research revolves around just cotton crop
Govt must have roadmap of policies to promote productive research.
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Change on cards: Local seed companies rule agriculture landscape, thus far
New laws could give dominant role to multinationals, sideline small firms.
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In absence of policies, hybrid seeds cannot make miracles
Lack of quality control leaves farmers undecided what is good or what is bad .
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Total tempted by ambitious TAPI Asian pipeline project
One of major hurdles is how to lay pipeline in Balochistan province which has a history of blowing up pipelines?
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Telecom advancement: Another step towards faster mobile broadband
Zong announces launch of 4G LTE services.
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Immunity shield: Apple says Mac users safe from ‘Bash’ bug
Statement comes after experts warn of threats by hackers.
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Manipulation: Six banks linked to rigging currency markets, says report
Investigators believe instant messaging was used to influence fix.
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Eco-farming: Implementing the Chinese model for productivity
PCJCCI president stresses on neighbour’s example.
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Becoming partners: Yahoo-AOL tie-up suggested
Merger could potentially lead to ‘$1 billion of synergies’.
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Going against rules: State Bank flouts law, transfers profit to govt
Money used to meet budget deficit target for 2013-14.
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Weekly review: KSE-100 falls below 30,000, investors exercise caution
OGDC offering, GIDC imposition and limited foreign buying main factors behind the decline.
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Capturing: A slow and steady growth for micro-insurance
Affordable, convenient procedures trump conventional insurance plans.
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Unmet promise: Tuwairqi Steel still hopeful about cheaper gas supply
Country head says ECC will take up matter again in next meeting
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Share purchase pact: Engro Foods Canada to be sold off
The transaction is expected to be completed by October 31
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Bahrain invites KCCI for summit
Need to enhance trade and commercial ties, says KCCI chief
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Growth: Focus on creative development urged
University making efforts to produce manpower by offering 160 degree programmes, Vice Chancellor Dr Iqrar Ahmad Khan
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Unaccounted-for-gas: Law ministry keeps itself away from UFG dispute
Asks OGRA whether to shift Rs49b burden onto consumers.
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2MFY15: Repatriation of profits recorded at $116.6m
Major portion came from the payment of profit on FDI
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Concessions, exploratory wells to raise production
Petroleum ministry eager to attract investment in oil and gas sector
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Chartered air services take off
Karachi-based company to serve particular market segment
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Market watch: Index slides down to 29,705 as caution prevails
Benchmark KSE-100 index decreases 234.62 points.
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Gas concession : ECC rejects Rs25b subsidy for Tuwairqi Steel
Committee finds proposal irrational, says no justification for preferential treatment.