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Another house ownership dream: Govt to set up new company for ‘Apna Ghar’ scheme
Apprehension over fate of project given history of failure.
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Future planning: Sindh govt finalises 218 development schemes
New development schemes have an estimated cost of Rs38 billion, which is included in current annual development plan.
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Going ahead: Government elaborates privatisation methodology
Future revenue of public entities to be included in price determination.
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9th Build Asia Exhibition receives muted response
Construction industry looks to bring momentum back in Karachi.
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Market Watch: Stock market continues upward trend
KSE-100 index rises 208.19 points.
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Merger and acquisition: Foreign firm shows interest in Meezan Bank
Targeting 49% shares in the largest Islamic bank in the country.
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India launches first bank exclusively for women
Savings accounts, but not loans, will be available to men.
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Damaging inferno: Daharki power plant to stay shut for three months
Duration of daily loadshedding in some parts of Northern Sindh, including Sukkur, increased from 4 hours to 8 hours.
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Spectrum auction: PTA processes consultancy bids
According to sources PTA has received an encouraging response from local and international firms.
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Sugar mills facing a no-cane situation
Sugarcane growers refuse to harvest their ready crop at Rs180 per 40 kilogrammes.
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Transport strikes leave economy battered: Zaki
KCCI president urges restraint in future, asks parties to talk first.
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Market watch: Stock market trades positive after policy rate hike
Benchmark KSE-100 index rises 324.18 points.
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Back to normal: Govt gives in to pressure, reduces taxes on transporters
Cuts rates for both passenger and goods transport vehicles.
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Get ECC’s nod before seeking funds, petroleum ministry told
Finances were sought to hire consultant for a study on splitting gas utilities.
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Foreign investors inject $284m into Pakistan’s economy
Oil and gas sector receives highest amount in July-Oct period.
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Bilateral relations: PM Nawaz extols virtues of regional trade
Nawaz urges Thai and Pakistani business community to work together.
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Price hike: Stalemate on drug prices continues
Government, pharmaceutical companies at loggerheads over hike.
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IP pipeline a cheaper energy source
Any further delay in the completion of IP pipeline may aggravate the energy situation.
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Regional energy trade to bridge demand-supply gap
With support from international institutions, it is time to show progress.
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Reko Diq project – take a decision before it is too late
Fresh talks, out-of-court settlement can prevent country from paying billions in damages.
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Negative equity: Pakistan Steel Mills – why it should be sold at Rs1
Liabilities of Rs100 billion to reduce the appetite of bidders.
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A debate on whether Twitter stock is Shariah compliant
It meets requirements of internationally known Shariah screening methodologies.
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Changing trends: Technological developments in the banking sector
Online banking, ATMs, debit cards increasingly contribute to the bottom line.
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Giving back: Madinah Group stands out in welfare work
Humanitarianism, not good business, source of our growth, says its chairman.
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Voicing concerns: Transporters’ strike enters 11th day
Country’s biggest transporters’ body wants govt to improve security on roads.
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Downsizing: TEPCO seeks funds for nuclear plant
Govt agrees to assist Tepco with crippled Fukushima nuclear power plant especially with 1,000 tanks of radiated water.
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Cross border trade: FICCI to organise the second edition in Lahore
Trade between India, Pakistan can be pushed to $8 billion, FPCCI president.
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Strengthening ties: Pakistan offers to set up sugar mills in Sri Lanka
They also agreed that bilateral flow of investments could play an important role in boosting economic relations.
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Standing out: Going against the tide in the textile industry
Ashfaq Textile Mills increases capacity despite gas shortage.
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Weekly review: KSE loses 80 points during shortened week
Investors chose to book profits ahead of discount rate hike.
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Stepping up: Finance minister warns against speculative drives
Informs businessmen on tax widening initiatives and economic performance so far.
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Financial sector: Discount rate hike to augur well for banks, say analysts
Bank profits to increase despite rise in deposit rates.
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Sugar rush
Better approach would be for govt to remove itself from role of market participant, instead focus on being regulator.
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Pakistan should grant MFN status to India: FPCCI President
India granted Most Favoured Nation status to Pakistan in 1996, but Pakistan is yet to reciprocate.
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Economic ties: Pakistan offers to build sugar mills in Sri Lanka
Nawaz Sharif offers that either the Pakistan government or its private sector could set up the sugar mills.
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Development planning: Commerce ministry lists potential expat investors
Working paper presented to senate sub-committee in this regard.
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Square one: Faisalabad’s textile industry concerned about gas curtailment plan
The upcoming cut in gas may hurt the industry during peak season.
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Renewable energy: Pakistan’s energy delegation to meet US entrepreneurs
Both sides to explore opportunities in country’s oil and gas sector.
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10-year evaluation: ADB’s Pakistan performance rated less than satisfactory
Majority of projects under $11.5b lending portfolio were found ‘less than successful’.
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Energy cooperation: OPIC may invest in wind energy sector
Minister told the size of OPIC programme would increase substantially.
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Alternative energy: Frequent transfers slow down Punjab power projects
Province plans to produce 430MW from renewable energy sources.
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Auto policy: Tariff protection plan likely to new players
The new auto policy may open up market for new entrants, effectively doing away with local monopolies.
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Microsoft's new Cybercrime Center combines tactics against hacking groups
Outside security experts praised the cross-pollination of fraud, security and software specialists.
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Mutually beneficial ties: ‘Germany looks forward to trade conferences’
German consul-general believes Pakistan is a great place for business.
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Trade corridor: SAARC CCI stresses need to enhance trade in the region
A cargo corridor, trans-Asia railway network should be established to reduce the cost of doing business in the region.
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Breakthrough: Traders expect transport strike to end
Last minute government intervention placates stakeholders.
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OMCs: Total Parco assures it will honour Chevron contracts
Chevron’s retail partners concerned about validity of lease agreements.
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Wise move: Ignoring concerns, ECC places no curbs on investment outflow
Approves hiring of ADB as adviser for TAPI gas pipeline project.
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Market watch: Stocks drop as investors wait on monetary policy
Benchmark KSE-100 index falls 15.40 points.
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Boosting Trade: Iran diplomat pushes for Quetta-Zahedan corridor
Says it will create thousands of new jobs for people of Balochistan.