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The way to Good Society
Without a vision for a Good Society, the fiscal, economic, political, democratic and societal crises cannot be tackled
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The inequality of opportunity
They have valid income generating ideas and the required skills and experience, but nobody is willing to fund them.
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Budget 2014-15 will set the direction of the economy: Dar
Finance minister hints at expanding tax base in the upcoming budget.
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Moving forward: Sindh forms committee to streamline agriculture tax
Sindh CM wants input of all grower organisations and stakeholders.
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Halal food show: Pakistan Theme Day observed in China
The Pakistan Halal Meat industry and many other companies exhibited their products.
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Making presence felt: Chinese group to set up exhibition centre at Gwadar
Will facilitate Pakistani businesses in placing orders.
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Mangoes: Quality over quantity the aim
May cause a temporary plunge in exports, says Sikandar Bosan.
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Market watch: Index closes above 29k after bullish start
Benchmark KSE-100 index gains 264.48 points.
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Britain plans business centres to boost trade
Such facilities in major cities will offer advice, assistance.
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Lahore property market: Real estate boom continues without any hiccup
Rent rises sharply in posh areas as demand for housing units grows.
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Judgement: SECP penalises KSE bigwigs
Managing director and his deputy fined for ‘failure to perform responsibilities’.
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APCC recommends 5.1% growth target
Clears economic framework, notes that outlook points to significant recovery.
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Parliamentary pannel seeks technical, financial audit reports of circular debt payments
A ministry official says no communication made for an audit, but an internal audit report of the amount is available.
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Rs1.175tr uplift budget to be cleared today
The proposed PSDP is 17% of next year’s tax target and 13.5% of next year proposed budget outlay of Rs3.864 trillion.
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Most indicators reflect substandard show
GDP growth rate, revenue collection, current account deficit among disturbing stats.
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On track to address energy woes
Oil, gas, power production improves slowly but steadily.
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Taking measures and then backtracking
Lack of political will, pressure meant tax net was not widened.
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State of corporate governance leaves much to be desired
Without full-time chairmen, many state-owned enterprises operating with difficulty.
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Dar’s 2013 budget speech – the highs and the very low lows
Govt promised much, delivered a lot less in the past one year.
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With caution and decisiveness, privatisation plan revived
Govt moves slowly as it could sell shares of only one company out of eight.
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Large cars,SUVs: US wins trade dispute with China
Trade representative says country ‘concerned’ with measures.
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Labour quarrel: Silicon Valley companies reach agreement
Will pay $324.5m to settle employees’ claims.
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Drafting: DRAP given 20 days to decide price policy
Bench directs instant decision to be sent to PM.
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Production imminent: Coal mining and power project on track, claims SECMC
First power plant to start production in December 2017.
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Traction control: Tyre industry wants drive against smuggling to continue
Says govt needs to continue raids to curb illegal activity.
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OGRA scam: ‘NAB charges against former SSGC heads questionable’
Both were not managing directors of the company during the period cited.
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Taxing the bourse: Government likely to fix capital gains tax at 12.5%
May amend short-term period by increasing tenure from 6 months to 1 year.
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Weekly review: KSE-100 sheds 127 points on budgetary fears
Proposed imposition of new taxes along with reduction in subsidies negatively affected the market.
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Capacity tax: Victory for fair play
We are grateful that the LHC ruled against the tax, but it should really never have been allowed to be imposed at all.
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Nawaz approves two new coal fired plants for Gadani
The plants will work in IPP mode while funds from PSDP will be allocated.
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On the way: Wind power projects under way
There are three wind power projects of 150 megawatts (MW) capacity under construction, to be completed in 2014.
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Huge potential in bilateral ties
Govt enhancing contact with African countries, says foreign secretary.
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Industry sees further drop in textile exports
Asks govt to address energy, other issues to stem the slide.
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Tobacco advertisement: Philip Morris challenges SRO
Company argues health regulation a provincial matter and not a federal one.
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CNG: Shutdown extended after pipeline rupture
Gas supply affected due to fault in transmission pipelines.
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Market watch: Lack of interest keeps index sluggish
Benchmark KSE-100 index gains 14.45 points.
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Pakistan becomes first country to deploy China's BeiDou GPS network
The company claims that the GPS can provide positioning with accuracy of up to two centimeters.
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Ufone ends trial, launches 3G commercially
Starting May 24, users will be charged for services as per tariff.
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Second round: State Bank announces results of financial innovation fund
Programme aimed at development of agricultural finance.
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Payment issue: Ministry calls on power producers for resolution
IPPs say it is getting difficult to run plants in absence of cash flow.
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Budget deficit widens after Saudi Arabia grant excluded
Govt rushes to revise fiscal accounts, deficit will be 3.8% of GDP.
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Property investment may invite 2% WHT
Govt considering levy in a bid to plug leakages, widen tax base.
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Why easier monetary policy alone will not help the Eurozone
For banks to expand loan book in Eurozone, should consider rationalisation of risk-weightings in Basel capital rules.
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$1.5b Saudi gift declared ‘statistical discrepancy’
Move fuels speculations about purpose of grant.
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Foreign currency: Reserves increase 3.7% week-on-week
The central bank’s foreign exchange reserves increased $300 million to $8,320 million.
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Talks: Afridi reiterates value of value addition
Minister wants increase in export of textile.
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Corporate results: Pak Suzuki posts healthier profit
Earns Rs443m in 1QCY14.
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Australian government donates $2.7 million
Programme to assist 13,000 affected families in Sindh.
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Transforming retail sector: Creating and then meeting needs
Tohfay.com offering unique services, products; foresees growth.
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Market watch: A directionless day at the bourse
Benchmark KSE-100 index falls 18.57 points.

















































