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Market watch: Index closes with a minute change
Benchmark KSE-100 index increases 9.32 points.
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Govt to frame four-year energy plan for outages
ECC forms committee that will give proposals in next 2 months.
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Corporate results: Fauji Fertilizer produces Rs8.2 billion profit
Declares cash dividend of Rs3.4 per share for second quarter.
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Bestway buys 76% stake in Lafarge Cement
With capacity of 8.3m tons, it will become the largest cement maker.
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Tapping hydrocarbons: Oil production hits record high at 98,000 bpd
Average gas output, however, drops 2% in fiscal year 2013-14.
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National schemes: Savings mobilisation declines 49% in FY14
Amount to Rs196.4b; analysts explain regression due to high savings recorded in 2012-13.
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Refusal to sell shares: Govt puts banker’s name on ECL
The person was called by SBP and told to sell his stake to a blue-eyed banker or face the music.
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Offloading: PC approves plan to sell over a dozen entities
Picks consortium to complete PIA transaction by June 2015.
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corporate results: FFBL’s earnings go down 56%
Board announces interim dividend of Rs1 per share.
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Business dealing: JJVL to process LPG from three fields in Sindh
SSGC to have exclusive rights over LPG unlike previous arrangement with the venture.
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Cheaper energy source: Hydroelectric power generation rises in 2013-14
Plant efficiency, better water supply, new projects provide support.
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Technology: ICT expo to promote trade opportunities
The event will provide diverse product categories from all parts of the value chain.
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Corporate results: Honda records profit of Rs630m in first quarter
Income rises due to rupee’s strength against dollar.
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People’s perception: Consumers turn pessimistic about economic conditions
SBP-IBA survey reveals decrease in Consumer Confidence Index.
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Fuel price adjustment: NEPRA cuts tariff for second month in a row
Approves Rs0.08 per unit reduction in power price for June.
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Market watch: Stocks post moderate rise, face resistance at 30,600
Benchmark KSE-100 index increases 63.34 points.
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Transformation: New telecom policy likely to be finalised by September
Revised policy draft comes after a gap of 10 years.
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Builders seek govt’s backing to increase investment
Expo in August may bring capital, exhibitors from Middle East.
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Curbing grey traffic: PTA, FIA seize nine illegal gateway exchanges
Two persons were arrested and are in FIA custody for further investigation.
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Gearing up: Promoting trade through border-crossing points
Ministry official stresses need of efficiency at borders.
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Corporate results: HBL posts a healthy result
After-tax profit increases 38.6% over comparable period last year.
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Market watch: Index trades range bound
Benchmark KSE-100 index decreases 11.14 points.
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Board of Investment approves two economic zones in Sindh
Will be established at Bin Qasim and Korangi Creek.
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Gas problems : UFG benchmark should go up, says SSGC MD
Panel of experts believe even 7% not enough to compensate gas utilities.
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Human resource: NBP struggling in multiple facets
Outdated staff service rules, preference of contractual employees causing dismay.
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Avoiding competition: Qatar uninterested in LNG supply tender
Energy giants like Shell, BP and Mitsubishi submit bids.
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Restructuring package: PSM receives Rs2.85b
The salary for 45 days, starting May, has been given to the PSM employees.
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Former LSE chief bullish about Pakistan’s future
Zaffar believes consistent policies can sustain positive outlook.
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Central Asia to Chitral: Talks on power import start in Dushanbe today
Asif leaves to hold deliberations over laying transmission lines.
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Power tariff on tube wells likely to rise
Govt may cut subsidy, increase tariff by Rs2 per unit.
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Market watch: Index’s upward run continues
Benchmark KSE-100 index increases 188.34 points.
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FY14: Car imports dented, plunge 51%
Local sales fail to increase in comparison as well.
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Pak-China Agro Chemical Expo comes to Pakistan
Will provide forum for people-to-people contact.
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Widening gap: SBP tries to get it right with current account data
Says deficit increased to more than $2.92b in 2013-14.
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Social Private Partnerships emerging in Pakistan
Business development surfacing around NGO activities.
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Fulfil promises made, Engro Ferts laments
GIDC levy on new entrants against 2001 policy, says CEO
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Join the fray: Wary German solar energy solutions firm enters Pakistan
Considers working conditions tough, but sees huge growth potential.
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Red tape drives away Chinese group from Apparel Park
Ruyi group loses interest over delay in finalising modalities of joint venture.
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Hands-off approach: Interference in affairs of oil and gas companies
Independence of state-owned units could lead to improvement in performance.
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Another lender?: Analysts tip-toe around BRICS’s new bank
Pakistan may benefit if it becomes member in near future of New Development Bank.
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Measures needed: Exchange rate needs stability, says ICCI
Rupee's value has started to fall and if this trend was not arrested, it will bring many economic woes to the country.
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Upward move: Pakistan’s ICT sector to cross $10b mark, says P@SHA
Largest players grossing over $15 million and $25 million in revenues.
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Expanded clientele: Furniture council targeting higher exports
PFC intends to organise exhibitions, take part in international events.
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Textile industry: Out-of-power weavers warn of full closure after Eid
Load-shedding, high cost of energy causing distress.
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Power sector receivables: Ministry asked to devise recovery mechanism
Dar directs water and power ministry to unplug connections of defaulters.
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Import of CNG kits: Pressure groups, investment threat influence ban reversal
Embassies write letters, asking government to remove curbs.
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Weekly review: KSE-100 crosses 30,000 points to hit all-time high
Moody’s rating along with sustained foreign buying bolstered the market.
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Monetary policy: SBP keeps interest rate constant at 10% again
Central bank up beat over economy but states challenges remain.
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ADB ‘surprised’ over 4.1% growth claims
Manila-based lender projects growth rate for 2013-14 to be 3.4%, close to IMF’s estimates.
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Trade with India: a cautious approach urged
Business, traders want step-wise progress for mutual benefit.

















































