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First of its kind: Allied Bank inaugurates solar-powered branch
The branch is located at Jhang Road, Faisalabad.
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Bleeding dry: Power theft eats up Rs40 billion every year
Ministry asked to take steps to recover unpaid bills.
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Engro suggests creation of single energy ministry
Lays out solutions to energy woes in a comprehensive report.
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PPP govt misses crucial agriculture target
Growth slowed to even less than what was recorded last year.
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Manufacturing witnesses rebound from last year
Sector grew by a healthy 4.26% during July 2012-March 2013.
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Breaks for the elite: Tax exemptions cost exchequer Rs239.5b in FY13
Amount higher than what the country has received under the Kerry-Lugar aid package.
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Sinking in: Pakistan to be in Rs14t debt quagmire by end of fiscal 2013
Government borrowing to breach 60% of GDP limit set by parliament.
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Market Watch: KSE rises with all eyes on budget
Benchmark KSE-100 index adds 58 points.
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Unpaid bills: SNGPL stops gas supply to nine defaulters
The move to stop gas supply has been taken to improve recovery from consumers.
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Govt enforces two-day weekly off in Punjab
Industrialists advise govt to reduce yearly holidays in the face of loadshedding.
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As stock market booms, brokers get a chance for redemption
Profession tainted in the aftermath of 2008 crisis is witnessing revival.
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Slowdown: Growth tapers off in FMCG sector as inflation eases, power crisis worsens
Sector’s ability to pass on price increases to consumers is a major growth driver.
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Iran upset about slow progress on gas pipeline
Asks Pakistan to nominate entities to go ahead with the project.
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Market Watch : KSE closes in the red as bad news hurts sentiments
Benchmark KSE-100 index falls 208 points.
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KSE makes pitch to investors in New York
Conference creates awareness regarding opportunities in Pakistan.
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Federal Board of Revenue waives penalties on goods importers
Will only have to pay principal amount, move aimed at boosting revenues.
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Worker remittances reach $12.76 billion
Money sent home by overseas Pakistanis increases 5.7%.
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Sweeping change: CAA, PIA, ASF leave Ministry of Defence’s wings
A new division has been created to look after the aviation industry.
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A case for reintroducing wealth tax
The tax can effectively redistribute income, reduce inequalities.
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Opinion: Making banking personal again
In an increasingly digitised world, how do we keep the ‘personal’ in personal banking?.
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You make the world (wide web) go around
Your online presence is what makes investors pay for web-based services.
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New government hints at anti-populist, pro-reform stance on economy
Willingness to take tough decisions only way out of a tough situation.
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Rewriting the equation: Building a new economy, one city at a time
An economic argument can be made for the development of private sector-led projects for new urban centres.
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The game plan: A few pointers for solving Pakistan’s energy crisis
The new government has a multitude of options to help combat the energy crisis.
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Sunny side up: Country has changed, future looks really bright, says Mansha
Says govt wants to get rid of Rs500b circular debt before the end of June.
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Financial mismanagement: Old schemes eat up interior ministry’s budget
The biggest challenge facing Ahsan Iqbal is a cleansing exercise of the PSDP.
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Felicitation: SMEs welcome minister for industries
Immediate requirement of the sector is energy and exemption from import duty, sales tax on alternate energy requested.
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Iran sets up border market
Tehran believes the move will reduce smuggling and bypass sanctions.
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Businessmen expect a ‘pro-business’ budget
Also hope govt will restore investor confidence in country’s economy.
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Libyan envoy invites Pakistanis to invest
Says construction boom in Libya is a profitable venture for foreigners.
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Gas supply to CNG stations considered wastage
Inefficient captive power plants may also face disconnection.
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Money matters: Government to unveil budget on June 12
Finance Minister Ishaq Dar urges nation to help govt in overcoming economic crisis; calls for broadening tax base.
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Energy crisis: Govt refuses to give timeframe to end outages
Govt prepares long- and short-term plans to end load-shedding.
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Weekly Review: Bulls continue domination as KSE breaches 22,000 barrier
Hopes of resolution of energy crisis and heavy foreign investment take the bourse to fresh peak.
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Bowing out: Ashraf’s son-in-law resigns from World Bank post
Raja Azeemul Haq was appointed as ED despite lack of experience.
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Regional trade: Pakistan attends expo by China-South Asia Business Forum
Around 170 exhibitors from Pakistan are participating in the Expo.
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Food Department falls short of wheat collection
Faces difficulty in achieving total procurement target.
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Super crops: Genetically modified crops to bring green revolution, says VC UAF
VC claims the technologically modified crop could solve food insecurity.
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K-P industrialists protest unequal power distribution
Say increase in outages has paralysed business in the province.
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CCP advocates autonomy for competition agencies
Anti-trust watchdog trains Afghan officials in competition laws.
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Tax net: FBR entrusts FPCCI with simplifying tax forms
Move expected to encourage more people to pay taxes.
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Market watch: Equities close week on positive note
Index adds gains to hit yet another high.
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Microsoft steps up drive to grab cloud services market
Holds seminar on cloud-based application – Office 365.
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View from McLeod Road: How long can the cement sector’s winning streak last?
Despite stellar run so far, analysts believe sector still has some wind in its sails.
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Stakes in Mansha’s profitable power plant up for grabs
Lalpir Power Limited to go public with 37.9 million shares.
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Netting the netted: Govt may further burden taxpayers for FBR’s negligence
May increase taxes for non-corporate businesses, high-income individuals.
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Economy: PML-N confident about tackling economy
PML-N is fully committed to solve the economic crisis including power load shedding, says Dar.
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‘Pakistan extremely vulnerable due to climate change’
Speakers stress framing policy to ensure survival of agro-based economy.
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Women showcase their entrepreneurial spirit
Punjab Women Entrepreneur Handicraft Festival held in Multan.
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SECP takes action against noncompliant listed firms
Cracks down on leading names in the KSE for violating laws.