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Public sector development programme: Work on Bhasha, Dasu Dams to start simultaneously
CDWP also approves import of electricity from Tajikistan.
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Rupee under pressure: IMF agrees to delay in interest rate increase
In its place, Pakistan will step up dollar purchases from open market.
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Bridging the gaps of democracy through civil societies
How citizens can help fill the void after a decade of dictatorial rule.
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Resolving matters related to SSGC and SNGPL
How the under-estimation of UFG is costing the economy dearly.
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The wheat market jigsaw puzzle
PASSCO makes profits at the expense of farmer prosperity.
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Why economics needs history
Historical perspective on analysing problems.
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Social and financial cost of a prolonged war
Nations engaged in conflict for long periods lose growth momentum.
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Responsible power generation: Cellular industry’s shift towards green energy
Transition will be beneficial not just to telecoms but local communities as well.
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Modern slavery: How bad is bonded labour
A framework for welfare of labour is more important.
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Potential sites identified to produce power from canals
Punjab govt initiates plan to produce up to 700MW through hydel power.
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Jewellers ask government to revisit the new gold trade scheme
Say Entrustment Scheme difficult to comply with for gold exporters, importers.
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Equity market: KSE attracts money through new investment vehicle
Convertible Rupee Accounts now allow non-resident Pakistanis and foreigners to trade in the country’s equity market.
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Connecting Global South Asians: Second South Asian Diaspora Convention to be held in November
This year’s key issues include investment in South Asia, expanding networks.
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Weekly Review: Dismal earnings announcement, tumbling regional markets deal critical blow to KSE
KSE 100-share index sheds 4% to stands at 22,714.68 points at the end of week.
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World Bank ready to provide support to Pakistan, says new VP
Le Houérou assures support for stabilising the macro economy and needed structural reforms.
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Islamic finance: SECP constitutes Shariah Advisory Board
Will be responsible for strengthening regulatory framework.
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Jubilee General Insurance sees profits rise 14%
Higher net premium revenues help insurer earn Rs457m in first half of 2013.
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Textile industry looks inward
APTMA to adopt triple bottom line concept for country’s soft image.
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Habib Metropolitan reports falling profits
Falling interest income, climbing expenses hurt bottom-line growth.
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UBL earnings fall with drop in core income
After-tax profit declines 10.7% to Rs8.2 billion in first half.
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Market watch: Karachi stock market ends flat after four successive bearish sessions
Benchmark KSE-100 index stays steady.
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Unilever profits grow slightly in challenging first half
Demand slowdown and energy crisis affect performance.
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US ‘probes’ Microsoft business partners in Russia, Pakistan
They allegedly offered kickbacks to executives for lucrative contracts.
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New stakeholders: IP gas pipeline could be extended to China
Pipeline has been made part of Pakistan-China economic corridor.
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Budgetary support: ADB questions irregularities in BISP before fresh lending
Auditors unearth Rs147 billion irregular payments, lending agency raises credibility issues.
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Marble City expected to help boost exports
State-of-the-art zone being set up in Karachi over 300 acres.
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HBL profits fall to Rs10.5 billion in first half of 2013
Despite decline in earnings, bank announces payout of Rs4 per share.
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Engro wins Best Corporate Report Awards
Awards given in categories of banking, chemicals, energy and others.
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Heavy rains batter cotton crop
Prices of cotton and other commodities likely to increase due to shortages.
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Shell earns Rs59.5 million in April-June quarter
Shell Pakistan comes out of the red in 3Q, but chairman says long way to go.
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NBP reports dismal earnings amid low-interest environment
Profits down 30% in first half of 2013 as higher provisioning eats up income.
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Dawlance to focus on overseas expansion, new markets
Home appliances giant is planning to list on Karachi bourse.
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Market watch: Stock market continues downward trend
Benchmark KSE-100 index falls 300 points.
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Engro Corporation witnesses stellar turnaround in fortunes
Fertiliser and polymer divisions help company post bottom-line growth.
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The great journey: PIA eyes profit during next Hajj operation
New management optimistic as govt allows fare increase.
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Tension with New Delhi: Pakistan refuses to take part in talks on TAPI pipeline
Meeting put off after Islamabad turns down US invitation.
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Regional trade: PM encourages businessmen to link Pakistan and Nepal
Sharif expressed hope that the Joint Economic Commission’s meeting will help increase trade.
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Allied Bank announces lower profits in first half of 2013
Despite growth in core operations earnings falter as non-core income drops.
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Power crisis: Minister briefs National Assembly on progress
Power generation boosted significantly after clearing debt: power minister.
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NIB Bank witnesses turnaround in fortunes in second half of FY13
Reports profit of Rs1.1b, against loss of Rs45m in same period last year.
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Aided by higher prices, FCCL profits surge 279%
Company announces final cash dividend of Rs1.25 per share.
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Market watch: Stock market reacts as regional markets stumble
Benchmark KSE-100 index falls 471.96 points.
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Pakistan Petroleum earns Rs50 billion in fiscal 2013
Announces cash dividend of Rs5.5 per share along with 20% bonus issue.
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Power house: AJK positions itself as hub of electricity generation
AJK PM invites businessmen to invest in power projects.
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Interest rate: Analysts divided on rate revision ahead of monetary policy
Rise of 50 to 100 basis points seems inevitable, but timing remains uncertain.
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Margin call: Imitating Wall Street model, Standard Capital to modernise trading
Brokerage house to launch drive to train the ‘next generation’ of equity traders.
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Give and take: World Bank poised to enhance assistance to $1.5b
Government promises to undertake long-delayed reforms.
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Economic diktat: Islamabad meets all IMF conditions for $7.3b loan
The terms were met on the last day of the deadline.
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Livestock: All efforts being made to eradicate diseases, says minister
Govt joins hands with specialists to protect industry from its biggest threat.
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‘Pak-India tensions unlikely to halt SAARC trade’
Dar says stand-off with Delhi will not affect trade talks with Nepal.