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‘Pro-business climate crucial to gear up economy’
Adverse business conditions deterred local, foreign investors: FCCI.
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SBP releases directives for Islamic banking
Instructions pertain to distribution of profits and losses
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Clash of views results in delay in finalisation of Industrial Act draft
Final draft to be tabled before Sindh Assembly for incorporation into Act.
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As mobile banking grows, Zong, Askari Bank join the race
Mobilink, Telenor, UBL have already entered mobile financial services market
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Market watch: Market continues upward trend
Benchmark KSE-100 index rises 54 points.
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D-8 trade expo begins on sidelines of summit
Member countries have set up stalls to promote business linkages.
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Solar power is now cheaper than diesel generators
Falling costs are likely to make photovoltaic cells a viable source of alternative electricity production in Pakistan.
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Pakistan may have to wait for Iranian loan for IP project
Agreement may not be finalised before Iranian president’s visit.
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Oil prices review: ECC to take decision in the next meeting
Supreme Court had suspended weekly pricing mechanism, govt awaits decision.
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SC insists CNG prices should remain same until new formula prepared
SC orders respondents to prepare new formula which prioritises consumer's benefits, adjourns hearing till December 5.
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A word of caution on Sukuk financing
Asset-based Sukuk replicates conventional bonds and should be avoided.
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Disabled does not mean ‘unable to’
If provided resources, handicapped people can make their own space.
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Debt capital markets: unexplored territory as yet
With low interest rates and increased liquidity in banks, now is a good time to tap DCMs.
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Creating business space in times of a financial crunch
If countries cannot pay off debt, they should offer a good investment climate.
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The poor man’s fuel: Regulate the use of CNG, not just the price
The fuel is obviously not being consumed by the right segment of society.
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Human rights violation: Soldier’s hanging jeopardises EU trade concessions
Concessions require Pakistan to curtail the death penalty.
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Muharram Demand: Electricity to 89 steel furnaces suspended
The association said supply had been suspended without any notice.
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‘Indian trade fair to open new business vistas’
Pakistan, India are witnessing significant improvements in economic, trade ties.
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Tarin suggests strategy to turn around loss-making enterprises
Wants units placed in independent holding company before privatisation.
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Solar Power: Tuwairqi Steel Mills inks deal with SolarWorld
This contract will make TSMLE an exclusive distributor of SolarWorld’s photovoltaic modules in Pakistan.
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With HSBC acquisition, JS Bank shows its deal-making savvy
Pricing formula takes into account flight of multinational corporate clients.
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Cement manufacturer: Timely investments bring Al-Abbas back to profitability
Company remains focused on domestic market, wants to reduce debt burden.
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Weekly Review: Market enters consolidation phase after shrinking 0.3%
Adverse law and order situation, outflow of foreign funds restrict market.
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CNG price conundrum: OGRA proposes Rs13 per kg hike; SC to consider on Monday
Move proposed to keep CNG pumps operational; authority wants margins reduced.
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Ukraine willing to assist Pakistan’s development
Both nations need cooperation, people-to-people contacts to enhance ties.
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‘Pakistan is next economic success story’
Rising female education, climbing exports are clear indicators.
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Exporters stand chance of boosting sales to Europe
EU’s trade preference scheme takes effect from Nov 15.
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WAPDA master plan reaches execution phase
Seeks to add 20,000MW by 2020, if funds are provided.
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Market making starts in Stock Index Futures Contract
Index-based contract provides hedge for individual investors, institutions.
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Market watch: Market rounds off week adding moderate gains
Benchmark KSE-100 index climbs 55 points.
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Inebriated on free publicity, Murree Brewery publicises expansion plans
Liquor company’s products may hit US, Europe and Dubai next year.
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Neelum Jhelum project: Pakistan looks to new Chinese leadership for funds
China had suspended a project loan due to dispute over another development project.
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Fuel mix: As CNG gets rationed, petrol sales jump 36% in October
Diesel sales continue to drop, suggesting most CNG users do not use public transportation.
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All taxes apply on test oil export to NATO
The first cargo appears to be a litmus test to check response on taxation.
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Audit-shirkers: PAC to file reference against 16 audit-dodging departments
Public funds watchdog will charge depts in Parliament with violating Constitution.
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Japan to provide grants for alternative energy
JICA delegation collecting data on developments in the sector۔
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Speakers for developing data on farm animals
These animals can be relied on to address food security challenges.
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Court’s orders: CNG industry roiled by price cuts
"Gas prices will be slashed by a further Rs13 per kg if a uniform rate of cess is implemented,” says Paracha.
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Govt issued 35 new exploration licences since taking charge
Resultantly, 39 new discoveries are under evaluation for reserve estimation.
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Turkmen gas field to begin production in 2013
Galkynysh field will feed TAPI to supply energy-hungry Pakistan with gas
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National Savings introduces prize bond for students
Minimum investment required under the scheme is Rs100.
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Market watch : Cement, banking stocks move market upwards
Index adds 23 points as textile sector comes back into focus.
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Railways to repair 60 bridges this year
Has marked 159 bridges that need immediate repair
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Let there be light: In Sindh, a business works to improve villagers’ lives
EcoEnergyFinance runs an operation that helps improve rural living standards.
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Duty-free imports: Farmers fear they will lose in import deal with India
Concerns surface that MFN status being granted to India without risk assessment.
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Revenue collection: FBR obtains data of 150,000 tax evaders
At least 6,010 people who send their children to private school in one region evaded tax.
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Public suffering: CNG body, OGRA asked to settle price row
All Pakistan CNG president says the CNG prices issue has been exacerbated since government did not reduce taxes.
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Broadening tax base: Cabinet gives go-ahead to tax amnesty schemes
Bill to be vetted by law ministry then tabled in NA; electoral reforms bill also approved.
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Azad Jammu and Kashmir to cancel industrial plot allotments
Cancellations made over non-development within stipulated time.
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Exporters losing competitiveness in world market
Pakistan gives up one-third market share, competitors move in.
















































