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Market watch: Activity surges to 14-week high
KSE’s benchmark 100-share index rises 80 points.
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Under consideration: Power tariff may rise 27 paisa per unit
According to petition, NEPRA will allow KESC to increase 27paisa/unit in power tariffs under monthly fuel adjustments.
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Comment: Time to create an ‘energy ministry’
Current distribution of ministerial responsibilities does not suit evolution of nation’s energy needs.
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Flood fears: IRSA reduces water supply to provinces
Aims to mitigate flood impact, store water for future needs.
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Asian shares up after Fed minutes, euro hits 7-week high
Asian shares rose and the euro hit a seven-week high on Thursday.
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Pakistani firms secure bids to reconstruct Libya
‘Rebuilding provides an opportunity for construction firms to clinch deals’.
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Change of plans: Government to produce diesel, not electricity from Thar coal
‘Production of diesel is much cheaper than generating electricity from gas.
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Pakistan, India allow two banks each to operate across border
National Bank, United Bank to get full banking licence from Delhi.
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As consumer sector booms, demand for food science graduates soars
Job opportunities grow as consumption patterns shift to processed food.
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Theft, surging prices encourage investors to sell gold
In Lahore, investing in gold is no longer a lucrative long-term strategy.
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Part-qualified CIMA grads earn Rs74,000 a month
Almost half of part-qualified students are satisfied with their income: survey.
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Reviving the Alto: Pak Suzuki drops opposition on liberalising trade with India
Company needs to import parts from across the border to meet Euro II standards.
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Fountain of youth: Technological progress boosts demand for mangoes
Hot water treatment facility opens up new export markets for Pakistan.
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Oil up in Asia on renewed Europe optimism
At best, a mild recession and stagnant growth awaits the eurozone, says report.
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Apple is most valuable company ever at $623b
Apple's stock began a steady rise late last week and hit a new high of $665.15 a share.
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Iran looks to Armenia to skirt bank sanctions
Iran's growing interest in its neighbour Armenia comes at a time of rising international isolation for Tehran.
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Oil turns higher in Asia
Oil turned higher in Asia on tight North Sea crude supply and Middle East tensions.
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European shares bounce, await policymaker catalyst
FTSEurofirst 300 was up 3.69 points, or 0.3 percent, at 1,108.55.
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Cloud computing: no longer an experimental technology
Companies are adapting the technology to gain competitive advantage.
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A snapshot of inflation in Pakistan
The problem of uncontrollable inflation needs a revisit and directed measures.
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In Ramazan, extortion went unchecked
Businessmen demand licensed weapons for their defence.
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Recreating the global food system
The challenge is to create a sustainable system wherein everyone is food-secure.
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Islamic banking versus conventional banking
Even as the sector gains popularity, awareness about its workings has yet to grow.
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Slippery slope: Cost of doing business in Pakistan
Hidden expenses drive up the costs of doing business, diminishing competitiveness.
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Economic burden: National budget deficit swells to all-time high
Budgets of almost all heads overshot by a distance.
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Commodity: Flour price increased in Punjab
Cost of 20kg bag goes up by Rs25 after rise in wheat price.
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Industrialists reject suspension of gas supply
Say they were not consulted, production schedule disturbed.
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Innovation: PSO tests biker’s lane at fuel stations
This has been done to give bikers who make the largest segment of the company’s customer base a feeling of respect.
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Cash constraints: PSO once again pleads for release of funds
Company delays import of two oil cargoes.
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Oil production likely to increase in 2013
Govt plans to meet growing energy needs by higher exploration.
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Weekly review: Market rallies past 15,000 points following discount rate cut
Volumes and foreign inflows jump sharply during shortened trading week.
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New destination: Pakistani mangoes to be sold in Walmart China
Chinese importers will visit Pakistan next week to purchase 100 tons of the fruit.
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ISE on fast track for demutualisation
Will turn into a company limited by shares, rather than guarantee.
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FESCO relaunches debt recovery campaign
Distribution company seeks to recover arrears of Rs136.9 million.
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QMobile launches low-end smartphone Noir A2
Dual-sim phone priced in the same range as Nokia Asha series.
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Punjab public-private partnership: Cell failed to kick-off any project since inception
Failure attributed to bad governance and public-private trust deficit.
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New LNG project: Planning Commission fearful Dutch firm may sue Pakistan
LNG committee decides to establish company for building terminal.
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PIA set to lease two Boeing 777s
Aircraft being leased to replace the aging fleet.
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Eateries on the rise, offer wide variety of choices in Ramazan
Tough competition has reduced sales for many restaurants this year.
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Sustainability report: CASA electricity import project flawed, says report
SDPI study investigates viability of project and flaws in KESC.
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Global demand: Vegetable exports plummet 40% in 2012
Plummeting potato demand from Russia and low production of onions leads the downfall.
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Nonprofit entity: KWSB seeks tax exemption from FBR
KWSB is facing a financial nightmare as it provides water, sewerage facilities to 20 million below market cost.
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Economic Coordination Committee: Import duty on LPG equipment reduced
LPG equipment with duties of more than 10% would be reduced, while duties already below 10 % will remain the same.
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Pakistan left unchanged in MSCI review
Country’s weight pruned by 0.03% down to 4.38%.
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Takaful rules in limbo after court hearing
Date undecided for next hearing; the restraining order stays effective.
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Govt to convert oil-fired plants to coal
Plan for producing cheap power to be completed in 16 months.
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Mutual funds stay stagnant
Income funds steal the limelight with solid performance.
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National Bank profits flat
Core earnings source net interest income declines 7% .
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Corporate results: Engro Corporation incurs loss of Rs135m
Local giant’s largest subsidiary operates only 33 days in six months.
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Despite funding constraints, ECNEC approves 45 more projects
Delays, cost overruns in completion of entire development portfolio expected.

















































