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Market watch: Index ends week on a high
Benchmark KSE-100 index rises 63.34 points.
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World intellectual property day: Pirates of the intellect
Not enough people are even aware of the concept.
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1QCY14: Quarterly banking spreads hit 9-year low, data shows
Decline mainly attributed to last hike in discount rate.
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Cotton yarn import: Duty removal benefits India, hurts domestic industry
ECC restores 5% duty on textile ministry’s recommendation.
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Restructuring the mill: PSM gets Rs18.5b cash support before sell-off
ECC slaps 25% regulatory duty on potato export to rein in prices.
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Opening the spectrum
Until the packages are rolled out we will not know how much 3G or 4G services are going to cost the average user.
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Boost: Forex reserves rise 40% following bond float
The central bank’s foreign exchange reserves increased by $2,026 million to $7,010 million.
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Corporate results: DG Khan Cement underperforms
EPS decreases to Rs9 compared to Rs9.68.
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Corporate results: Lucky Cement records impressive earnings
Cement maker announces Rs8.19b income in 9MFY14.
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Corporate results: Meezan Bank’s profit grows by 12.5%
After-tax profit increases to Rs1.1 billion, EPS goes up to Rs1.1 from Rs0.9 in 1QCY14.
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US vows continued support to agriculture
Scientist says much needs to be done to ensure food security.
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Market watch: Index recovers on earnings announcements
Benchmark KSE-100 index rises 69.55 points.
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Granted: Punjab garments sector receives Rs344m
PSDF awards contracts for personnel training.
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Investigation: PIA spills the beans after FIA grilling
Inquiry gains pace as various officials summoned for questioning.
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Programme loans resumed: ADB approves $400m for push in energy reform
Remaining $800m depends on efforts to end subsidy, ensure accountability.
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Behind the scenes: Warid Telecom likely to jump into 4G
Bypassing spectrum auction, company awaits PTA approval.
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Righting land rights
Structural reform in rural economy, especially ownership structure, is crucial to reduce poverty, improve productivity
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IMF and the US
The IMF can no longer continue coercing poor developing countries to undertake austerity measures.
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PM congratulates all on successful 3G, 4G auction
Prime Minister commends Pakistan Telecommunication Authority officials for the successful execution of the auction.
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First of its kind in Pakistan: 3G-4G auction fetches $1.1 billion
All 3G licences, one 4G licence sold; decision on sale of the remaining 4G licence to be taken soon.
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High-tech : ‘Pakistan must exploit nanotechnology’
Hong Kong is investing $66 billion in research and development to explore the new applications of nanotechnology.
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Postponement: Sindh Bank looks to delay IPO by a year
CEO says holding off IPO likely to grab higher premium.
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Sales of commodities: Finance ministry holds off Rs1b subsidy for USC
Govt also refuses to provide Rs10m for utility stores’ media campaign.
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Market watch: Dramatic day at the bourse as index slips below 29,000
Benchmark KSE-100 index falls 474.65 points.
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Dastgir urges accepting new challenges
Commerce minister advises businessmen to focus on regional trade.
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Deposit the money: Government’s bill rejected by Senate panel
Turns down Sales Tax Amendment Ordinance with a thin majority .
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Long-term plans: Pakistan yearns for direct oil supply from Saudi refineries
Seeks to save millions of dollars in premium on oil import.
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Inefficient: FBR chief admits govt withholding Rs97b refunds
Tax authority struggling to meet even downward revised annual target.
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Auction analysis: Opening act done … the real game starts now
Transparency of process hailed, CMOs pleased with overall result.
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Nawaz approves acquisition of five Boeing 777 aircrafts for PIA
The government will not interfere in the privatisation of PIA, says PM.
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Import of raw materials: Government mulls withdrawal of concessionary rates
If approved, the move may result in significant hike in prices of all products.
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Railways: ‘Use own resources to raise revenue’
The chairman expressed his displeasure for including low priority projects in the proposals.
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Corporate results: MCB posts Rs5.51b profit
Registered a growth of 17% over the corresponding period of last year.
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Corporate results: Fauji Fertilizer’s profit slips
January-March earnings decline 90% YoY.
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Corporate results: Jubilee Life Insurance records impressive earnings
EPS increase to Rs2.8 from Rs1.77.
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Corporate results: PTCL profit rises 31% in first quarter
Earnings increase on back of growth in broadband business.
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Fatima Fertilizer mops up dollars for investment in US plant
To be set in Indiana, expected to start production in 2018.
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Market watch: Index moves past 29,000 again
Benchmark KSE-100 index gains 313.07 points.
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OGDC: Privatisation Commission picks financial adviser for $1b share float
Also approves advisers for selling PPL and UBL stakes.
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A little relief: NEPRA reduces tariff by Rs1 per unit
Cites dollar’s fall against rupee for power price revision.
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Anxious wait: Judgement day for the spectrum auction
Pakistan’s cellular subscribers keenly await 3G, 4G rollout.
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Central bank: Acting governor not bothered by govt involvement
Autonomy required under SBP Act of 1956, also desired by IMF.
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Voice-enabled ATMs for the visually impaired
Service requires the user to insert an audio jack into the ATM to listen to the voiceover for each action.
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Study: Pakistan cannot benefit from trade liberalisation
Para-tariffs and non-tariff barriers restrict market access to India.
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Fruit exporters ask govt for strict monitoring
PFVA makes protocol for mango export to the EU.
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Future plans: ‘Tap into organic food market’
She called for expediting steps to address the issues in a bid to flourish the sector.
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Old allies: Envoy highlights Turkish interest in Pakistan
17-member delegation visits country as part of study tour.
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Change: ‘TDAP to be rolled into a corporate-like entity’
The institution would be revamped to ensure that no one dares to flout the rules.
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Drug regulator’s initiative ‘to increase transparency’
Pharma Bureau welcomes move, hopes mechanism will be adopted uniformly.
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Delay in IP pipeline: PM Nawaz to try and win concessions in Tehran talks
Pakistan and Iran to also sign 3,000MW power supply deal.

















































