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Expanding scope: Morocco for exploring avenues of cooperation
Exchange of trade delegations is an effective tool that can identify trade potential and export products, says envoy.
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Electricity meters: USAID upgrades DISCOs’ infrastructure
Thousands of obsolete meters replaced with new, accurate ones.
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Exide Pakistan reports hefty 52% increase in profitability
Company has remained off most investors’ radars so far.
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King of fruits: Bahawalpur hosts first-ever National Mango Festival
Experts gather to exchange ideas to promote mango in the global market.
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Market watch: New (fiscal) year buying spree gains pace
Bourse rises 281 points on improved investor activity.
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LNG import: Pakistan to resume stalled talks with Qatar
ECC gives top priority to import of 500 mmcfd in a govt-to-govt deal.
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PML-N govt diverts IP pipeline funds to cover fiscal deficit
Seeks to amend GIDC Act to allow it to manipulate gas prices at will.
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UK’s quarantine department destroying all shipments of Pakistani mangoes
Exporters claim fruit fly contamination; blame growers, govt.
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CDWP meeting: Nandipur project okayed with 160% higher cost
Govt will ‘fix’ people responsible for the delay and escalation in costs.
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Hectic negotiations: Amidst gridlock, IMF extends stay by two days
Finance minister says no new taxes will be levied; agrees to increase power tariff.
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Infrastructure: Minister for ports claims ‘textile city’ to be established in Karachi soon
According to the minister the government has already acquired land within the city to allocate to the project.
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Pakistan Railways: Freight trains to be added, services improved
Minister for railways outlines steps to revamp loss making enterprise.
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USAID to support market linkages for mango growers
Latest shipment of mangoes departs for European and Saudi Arabian markets.
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Rehman returns to take back reins of Engro Foods
After setting up the company, he had left it for philanthropic work.
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USAID: Symposium on female entrepreneurs held in Islamabad
US-Pakistan Women’s Council educates aspirants about opportunities.
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Inflation clocks in at 5.9%, surprising all
Critics say use of data for only first two weeks of June distorts final figure.
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Energy security tops 10th five-year plan
Govt unveils plan with focus also on boosting taxes, investment and growth.
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Market watch: Stocks open fiscal year on bullish momentum
First trading session sees index rise in broad rally.
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‘Burning’ issues: Coal, gas, electricity crowd CDWP’s agenda today
Power sector initiatives prominent among the 30 projects tabled for approval.
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Power tariff increased by Rs1.12 per unit
NEPRA issues notification for tariff hike for May.
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Taking charge: China poised to get control of Gwadar Port in a month
Beijing will invest and run the port on a profit-sharing formula.
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Provincial budgets fall in line
Does the new government which took over in early June know what to do to revive the economy?
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Energy mix: Despite multiple options, Pakistan should not give up on hydel
Coal, wind and nuclear are great choices, but it would be wise to fast-track big dams.
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The future of ICT in Pakistan
Need for a new policy that meets existing needs and allows for future development.
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Giving in to pressure from bureaucracy
Budget pay raise to mostly benefit higher cadres.
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New Saudi labour laws may restrict remittances to Pakistan
Thousands of illegal Pakistani workers face deportation after July 3.
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Pakistan’s kryptonite: Rising power of business in Pakistan
For economic revival, businesses should pay taxes and meet other social contributions.
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Europe, Central Asia should move from brown growth to green: World Bank
The three new reports identify the local and immediate benefits of climate action.
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Trade ties: Pak-US Business Conference concludes in Dubai
This conference was attended by a large number of government officials and businessmen from both countries.
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Telecom lobby questions use of USF money to help pay off circular debt
Reports say govt has either diverted or is planning to divert funds to power sector.
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Economic cooperation: Netherlands keen to help Pakistan in various areas
Can provide expertise for power generation and alternative energy.
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Load-shedding: USAID implements load monitoring programme in Gujranwala
Step part of USAID programme to avoid unscheduled load-shedding.
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Indo-Pak trade: Without investment in infrastructure, bilateral trade will fall
Business community offers help, if government allows it, to invest in development, handle port matters.
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Striking gold: Prices rebound as global market recovers
Post biggest jump in a terrible week for the yellow metal on Saturday.
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Investors question performance of listed firms despite adverse conditions
Speakers explain how companies build an environment to succeed.
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Weekly Review: KSE continues to slide despite interest rate cut
Weak foreign buying and profit-taking led to index declining by 693 points.
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Resolving the energy crisis
We applaud effort, but we would encourage government to take a little more time to study the long-term implications.
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President gives approval to federal budget
Zardari signed the bill into law following on the advice of the Prime Minister.
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Oil prices to rise by Rs3.66 per litre
Oil prices are likely to go up by Rs 3.66 per litre effective from July 1 onwards.
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New bailout in jeopardy: IMF, government stick to their guns
Dar says govt will not compromise national interests for loan programme.
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Inflation: Index up 1.08% during week
The SPI for the week under review for the above mentioned group was recorded at 193.86 points.
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Compulsory Standards: Work on quality policy gains pace
A workshop on the National Quality Policy was held in Lahore on Friday.
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Govt assures timely completion of IP project
Secretary reiterates commitment to project and adherence to schedule.
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Lahore Shopping Festival seeks to lure consumers
Organisers hope nine-day gala will revive economic activity.
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Prominent economist takes shot at Federal Budget 2013-14
Dr Khan questions the govt’s optimism on many fronts, including the power crisis.
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Risk worth taking: PPL to drill deep-sea well despite past failures
Well to be drilled up to a depth of 3,000 metres below seabed.
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Mutual funds industry opposes duty on asset management companies
Says it is unfair that sector is being taxed at both provincial and federal levels.
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Joint venture: PPL, Orion Energy to invest $100m in offshore drilling
They will also form special purpose company for establishing a 20 to 25-megawatt power plant.
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Market Watch: KSE closes fiscal year on a mixed note
Benchmark KSE-100 index falls 10 points.
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Canadian miner to challenge Reko Diq ruling internationally
High commissioner says case will go against Pakistan in international courts.