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Wind power firms get land for project work
Will invest $247m in Sindh and generate 100MW.
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Week-on-week: Forex reserves increase 0.5%
SBP’s liquid foreign exchange reserves increased by $58 million to $10,417 million
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Corporate results: MCB Bank earnings rise 13% to Rs24.3b
Second most profitable bank for 9MCY14 after Habib Bank.
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Market watch: Stocks record biggest drop since December 2014
Benchmark KSE-100 index falls 417 points.
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TAPI gas pipeline: French, Russian and Chinese firms vie to win contract
Consortium leader will be selected by March 15.
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Crackdown: CCP takes action against false marketing
Orders homeopathic doctor to stop airing deceptive television commercial.
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Dawood Capital: SECP realises mistake after two years, restores licence
Its bench finds no evidence that Dawood gained from redemption of investments.
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LNG demand: Brunei and China join race, show interest in gas export
Offer multibillion-dollar deals for LNG supply to Pakistan.
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Scapegoats at PSO
Least the govt could have done was to manage PSO as would a responsible shareholder,instead of looking for a scapegoat
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China Internet censorship hurts European businesses: survey
US firms in China feel less welcomed, report
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Anti-graft move: PIA engages NAB to stamp out corruption
PIA has set up Vigilance and Monitoring Unit to detect corruption-related cases
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Chamber chiefs demand Dar’s replacement
Say minister must pay more attention to financial and tax issues.
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Telecom operators: Focus on how companies satisfy subscribers
CMOs provide training to customer care staff, educate people about services.
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Rights activists seek changes in draft cybercrime bill
Say government must invite feedback and correct flaws.
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Market watch: Stocks fall due to continuous volatility
Benchmark KSE-100 index drops 228 points.
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Corporate results: PTCL announces Rs4b profit
Broadband giant’s revenues stand at Rs130 billion
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Accelerating car sales hit the highest in 30 months
Vehicle sales reach 17,709 units, up 27% compared to previous year.
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KASB Bank sponsors file petition in Islamabad court
Ask IHC to order State Bank to involve bank owners in sell-off negotiations .
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January figures: Trade deficit contracts by more than half
Gap shrinks due to decline of almost 25% in imports.
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Gas pipeline: Delay may take TAPI project cost to $10b, says ADB
Officials of four countries discuss finalising the consortium leader.
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Taxes galore
From petroleum products to luxury items, govt seem to be falling in habit of increasing tax rates to enhance revenue
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Petrol crisis: PSO board dissolved, OGRA chairman sent on forced leave
A two-member committee had held Ogra and PSO responsible for the petrol crisis in the country
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Apple becomes first company worth over $700 bn
Apple took some $50 billion in revenue in emerging markets over the past calendar year.
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Undertaking: Power crisis will end by next polls, says Asif
By 2018, 10,000MW of electricity will be added to the national grid.
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Earnings: ABL clocks up Rs15.2b profit, up 2.8%
ABL also announced a final cash dividend of Rs2 per share, taking full-year payout to Rs6.5 per share
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Market watch: Stocks slip after earlier gains, volumes stand low
Benchmark KSE-100 index drops 137.41 points.
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Real estate: Lamudi raises $18 million for property investments
Portal will use funds to boost operations in Asia and Latin America.
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Financial worries: USC feels strain, bureaucrats push for privatisation
Demands Rs500m subsidy or closure of 2,000 stores across country.
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Foreign currency: Remittances swell 14.6% in July-January
On monthly basis money sent home by overseas workers falls 13%.
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Dispute drags on: Punjab dismisses subsidy plea of fertiliser producers
Will provide funds only after companies print prices on DAP bags.
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Privatisation: CCOP delays approval for National Power Company
Clears HBL share sale whose proceeds will be utilised to cover tax revenue shortfall.
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Sky, BT win Premier League TV rights for $7.8bn
Sky won five of the seven packages to maintain a majority share of live broadcast rights with BT retaining other two
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HSBC 'tax dodge' revelations are just tip of iceberg, says leaker
Falciani says several million transactions (between banks) are also in the documents I transmitted
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Pakistan issues sukuk rules as corporate issuance revives
Rules come at a time when issuance of corporate sukuk in Pakistan is gathering pace
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Ties with Vietnam: National Assembly speaker woos investors
Speaker urged the ambassador to ask Vietnamese investors to take advantage of pro-investment climate in Pakistan
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PTEA rues gas suspension in Punjab
Already suffering exports receiving further blows, says chief.
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Textile industry: New policy to help achieve targets, says Apparel Forum
Exports to be doubled to $26b, $5b investment in technology to be facilitated.
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Market watch: Stocks fall despite Engro’s payout
Benchmark KSE-100 index drops 86.64 points.
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Food security: Ministry seeks early amendment in Seed Act
Existing weak laws have failed to curb sale of illegal and substandard seeds.
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Corporate results: Engro Fertilizers notches Rs8.2b profit, up 49%
High revenue can be attributed to volumetric growth in urea sales.
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Baldia tragedy: Families of deceased to sue German retailer KiK
Purchaser from Ali Enterprise accused of disregarding conditions at overseas facilities
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World Bank survey: Pakistan drops to 72nd place in performance index
Logistics report assesses infrastructure, efficiency of countries.
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Swiss banks: Assets of Pakistanis appear to be exaggerated
Swiss HSBC held deposits of $0.8b belonging to clients from the country .
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How the E-Lite corporation broke the tobacco category
CEO talks about the challenges and opportunities of e-cigarettes in the tobacco market
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Pharma firms decide to drop objections to drug policy
Medicine prices will be adjusted according to inflation from July 2016.
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Borrowing cost: Rate cut – govt to benefit more than private sector
It may not stimulate significant fresh investment from private sector.
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Opinion: Doubts persist over introduction of new securities law
Recasting the legal framework and bringing an entirely new law is a bridge too far.
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New auto policy: Government needs to maintain delicate balance
Should protect the interests of both consumers and investors.
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Not so spicy: Cinnamon sales tumble, retailers blame high global prices
Import price of the spice rose 26% every year between 2009 and 2013.
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Jodia Bazaar: A peek into growing undocumented trade
Many smuggled and expired products are sold unchecked in the market.

















































