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Business conclave: Call to unlock trade potential of South Asia
SAARC CCI vice president stresses need for closer economic ties.
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Market watch: Stocks bounce back quickly following monetary policy statement
Benchmark KSE-100 index climbs 183.61 points.
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FY14: FDI inflows drop sharply by 27% in first-half
Investment weakens following hefty decline in December.
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Monetary policy statement: Discounting IMF’s advice, SBP keeps rate unchanged
Central bank says risk of demand-driven inflation still moderate.
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Conflict of interest: Munir Kamal resigns from PC Board
Development comes after questions raised over official’s impartiality.
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Spectrum auction: To industry’s displeasure, govt ups revenue target
Expects to earn $2b from auction against earlier estimate of $1.2b.
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Unwelcome: Gems exporters slate new registration fee policy
Claim it is against the interests of the business community.
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NEPRA raises tariff for December by Re1
The difference in tariff is to be collected in February’s bills.
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Money in the bag: Forex reserves increase 6.8%
The central bank’s foreign exchange reserves increased by $222 million to reach a total of $3,467 million.
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Country can emerge as hub for ME markets
Swedish company sees high potential in Pakistan.
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Wholly-owned: MCB to set up Islamic banking subsidiary
Central bank issues NOC in response to application.
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Quality control: Standardised proficiency test for exports launched
Local laboratories officials trained to conform to global standards.
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Tapping business opportunities: Pakistan a ‘key trading partner’ for Malaysia
Palm oil a major component of growing bilateral trade: Minister.
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Look to Eastern Europe, textile sector advised
Experts believe GSP Plus can add $1-2b to annual income.
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Neighbour labour: China offers to help resolve K-P’s energy crisis
CINOTEC to establish 25 hydel power stations to produce 500MW .
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Market watch: Stocks fall as monetary policy decision looms
Benchmark KSE-100 index drops 31.54 points.
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Staggered: Dasu power project manages ‘conditional’ approval
Cost of project to be reduced before implementation.
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Final notice: Privatisation of PSM imminent
Steel mills handed over to Privatization Commission for restructuring.
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Political gains: Govt gets closer to restoring PM’s discretionary funds
Money could be used to launch gas supply schemes in Punjab.
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Economic legacy and prospects
Legacy, in terms of SBP’s report, is not as dismal as it appears in official pontifications. nor prospects any better.
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Agriculture: Denmark-Pakistan to increase cooperation
Danish agriculture companies are interested in showcasing their agricultural products in Pakistan, said Sorenson.
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Value-addition: Nestlé, LUMS unveil agribusiness programme
Initiative taken to strengthen country’s workforce, say officials.
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Enhancing ties: German ambassador stresses bilateral relations
Offers helping hand to enhance trade with Pakistan.
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Dar hears exchange companies’ grievances
Warns them against speculation and unethical practices.
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First-half: Trade gap shrinks as imports slow down
Deficit stands at $9.1b, about a billion dollars more than IMF estimate.
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Engro Fert trading to commence tomorrow
Analysts cautious despite positive response from retail investors.
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Market watch: Index’s high continues
Benchmark KSE-100 index jumps 171.09 points.
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PIA to use wet leased planes till July
Officials decide to wait for the arrival of new Airbus 320s.
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Low future expectations: GDP growth to remain below target, SBP report reveals
Central bank’s projection higher than IMF’s forecast for FY14.
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Hydropower: Dasu dam expected to be cleared
CDWP to recommend project to ECNEC for approval.
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Iran-Pakistan pipeline: Foreign Office calls meeting to decide project’s fate
Delegation expected to visit Iran this month to avoid penalty, renegotiate gas price.
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Anti-money laundering: SBP, FIA to deepen cooperation
Both institutions feel that preventive measures should be adequately enforced.
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Smarter car?: Tata makes Nano more expensive to boost sales
World’s cheapest car relaunched with ‘trendy features’.
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Bilateral relations: ‘Ambitious to strengthen ties with South Africa’
High Commissioner-designate looks to promote trade with country.
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Cleaning up: Senate urges transparency in housing ministry
Recommends restructuring to promote better monitoring.
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High-yielding seeds: Companies push for Bt cotton in Pakistan
Seek government support for introduction of seeds.
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Market watch: Lower volume but a higher index
Benchmark KSE-100 index rises 102.37 points.
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Development: Engineering design of Kalabagh dam completed
Officials await government’s harmony towards project.
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Freight margin: Finance ministry calls for criteria to stop misuse
Gives the go-ahead to reopening six closed storages of petroleum products.
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Profile: The JJVL story – II
Iqbal’s contacts, resources help him.
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Nationalisation: Idea excellent, but implemented wrongly
Only a handful of top bankers support Bhutto’s nationalisation policy, and Sheikh is one of them.
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Inviting investment: Sindh Bank to be listed on KSE ‘ideally’ before April
It has notched up profits every year since start of operations.
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Power loom owners search for credit to modernise
Hope latest machinery can help them take larger pie of EU market.
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Private business: Lawlessness in Karachi and the death of entrepreneurship
How peace in the city is a pre-requisite for any economic plan.
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Smuggling in: Analysis of the grey traffic phenomenon
With high premium in Account Settlement Rate, illegal traffic flourishes.
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Who’s who of the Privatisation Commission Board
A look at the profiles of members who are entrusted with the responsibility.
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Profile: The JJVL story – I
How one LPG project pitted the owner against everyone else.
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Discussions: KCCI to organise pre-budget seminar
Seminar will focus on issues pertaining to sales tax refunds and of the Afghan Transit Trade.
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Modern practices: Awareness drive launched for farmers
Information about inputs, latest trends given through SMS.
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Transferring technology: Chinese institute provides hybrid wheat
The objective is to boost crop production in Pakistan.