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Fabric producers pump millions into new technology
Old power looms being replaced with automatic shuttle-less loomsl.
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ECC meeting: Locally assembled cars are costly, based on old technology
Assemblers earn hefty returns on advance deposited by customers.
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Financial prudence: Stricter banking regulations to come into effect soon
Basel III tightens regulatory squeeze with addition of Capital Conservation Buffer.
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Shaky ground: Govt considers McKinsey for help with Vision 2025
Earlier reports by the company made for the previous government failed to impress.
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US upholds ban on some Samsung devices
"It will serve only to reduce competition and limit choice for the American consumer," says Samsung spokesperson.
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Second Made-in-India show in Pakistan scheduled for February 2014
95 Indian companies will showcase products in Pakistan.
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IMF cuts Pakistan growth forecast for 2013, 2014
IMF warns the outlook for global economy could get bleaker if the US political standoff over finances drags on.
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Going for listing: Engro Fertilizers to float shares for Rs20
At the likely offer price of Rs20 per share, Engro Fertilizers’ value in Engro Corp will be at least Rs44 per share.
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Belt tightening: Committee proposes cost-cutting steps for PIA
Employees propose measures in attempt to boost revenue and delay privatisation.
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Tarbela’s generation capacity to get boost by 2016
On completion of extension project, dam to produce 4,888MW.
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Privatisation — the sequel: Of 31 enterprises, half a dozen to be sold outright
Government will reduce stake in Pak Steel and PIA, hand over management to private investors.
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IT boom: Tech giants announced $25 million investment
TEXPO and Cannon Technologies will invest the money over five years.
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3G spectrum: Government targets to complete auction by February 2014
PTA to start looking for consultant, auction to be open to new entrants as well.
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Telenor stresses affordable process of registering mobile accounts
Heavy investment required to equip registration agents is a key hurdle.
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Market Watch: Stock market dips amid remarkably low volumes
Benchmark KSE-100 index
falls 221 points. -
TAPI pipeline: Chevron likely to lead consortium that will finance, run the project
Indian, Afghan officials meet Chevron executive, Pakistan could not attend meeting.
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Zong opts out of race for Warid’s acquisition
Experts speculate it may be saving money for the upcoming spectrum auction.
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Brave steps: Government approves 9 new schemes worth Rs43b
3 schemes for Balochistan, 2 for Punjab, 2 for Khyber-Pakhtunkhwa, one for Sindh, and one HEC scholarship approved.
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Economic growth: Booming banking sector has failed to kick-start the economy
Lack of private sector credit is a hurdle that must be removed.
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Political economy: The economy of 100 days
Why governments still set ambitious deadlines.
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Population explosion: Put an embargo on industrialisation in Karachi
Unchecked migration of workforce to the city has fractured its socio-economic structure.
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Social media: redefining the way we interact
Is technology severing societal bonds?
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Conflicting interests: Moral hazard and cost of doing business in Pakistan
Inducing moral behaviour can lead to a loyal and productive labour force.
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Why and how KSE became the world’s second-best performing market this year
No questions about source of funds, smooth profit repatriation boost investments.
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United Mobile launches Voice smartphone series in Punjab
Company seeks to give more affordable choices to Pakistani middle-class.
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Helping hand: Italian energy experts offer assistance
Former SCCI presidents also attended the meeting.
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Planning minister says govt will improve system in all sectors
PML-N working on a plan to produce more power, grow economy.
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GSP-plus, sliding rupee could boost textile exports to $15b in fiscal 2014
Analysts remain upbeat on textile sector’s profits in the current fiscal year .
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Structural flaws in IMF programme may hinder reduction in budget deficit
Economists say high deficit targets for first two quarters may make it difficult for government to achieve the goal.
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Weekly Review: Banking sector drags KSE down 302 points
Banks underperform the market by 5.6% during the week.
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Shaheen, Airblue batter PIA on international, local fronts
Data from CAA reveals smaller airlines carry more travellers abroad than PIA.
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US set to be top oil, gas producer in 2013: EIA
US could push past Russia and Saudi Arabia as world's largest single producer of oil and of natural gas this year.
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Growing operations: Demand for data analysis expands in Pakistan
Teradata brings roadshow to region to cash in on increased demand.
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Due share: Business tycoon extols private sector’s role
Mian Mansha asks government to empower private sector.
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Aman Foundation increases IBA grant by 20%
Will provide Rs1.2b for 14-storey educational facility at IBA city campus.
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Corporate results: Nishat Chunian earns Rs2.27b in fiscal 2013
Expanding margins, sliding rupee help company grow bottom-line 225%.
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Plan9: Turning small dreams into big realities
Govt-run incubator provides budding entrepreneurs with direction and resources.
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Rs300m dues: Dispute between Railways, Business Express drags on
Both sides stick to their stance, train service not under threat, yet.
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Market Watch: Stock market dips despite initial interest on privatisation news
Benchmark KSE-100 index falls 66 points.
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Cutting corners: Industrialists and retailers win major tax concessions
Govt issues four new SROs in violation of memorandum agreed with IMF.
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IMF’s condition: Govt backs selloff plan, 31 public entities cited
Decides to sell one-fourth or more shares of institutions including PIA and Pakistan Steel.
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In anti-theft drive, LESCO plans to install smart meters
USAID-funded campaign to install new efficient meters.
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Pharmaceutical industry calls attention to falling exports
Blames regulatory bodies and anti-business policies for reduced investment.
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Market watch: Stock market falls as raise in power tariff delayed
Benchmark KSE-100 index down 37 points.
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Shutdown warning: KESC not to exceed 650 megawatts, says Ali
The government is taking appropriate measures to overcome the power shortage, says minister.
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Latif field to boost production to 100 mmcfd of gas
PM inaugurates the project, says it will ease energy shortage.
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Jailed British tycoon fights for stake in Pakistan refinery
Claims majority stake in refinery, gets stay order against sale of equipment, land.
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Windfall benefits: As rupee slides, mills look to increase market share
Textile sector leads charge as market access and demand expected to rise .
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3G, 4G, LTE up for grabs: Committee decides to offer neutral bands
Policy guidelines include offering 3G, 4G and LTE spectrum for auction.
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Foreign investors upbeat on Pakistan and its economy, says OICCI president
Praises government for not giving false hopes to people, tackling core issues.