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MCB Bank’s profit rises 4% in ‘tough year’
ABL earnings soar 26% on back of higher interest income.
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Market watch: Stocks slip as investors stay cautious
Benchmark KSE-100 index falls 14 points.
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Car sales rev up in new year
Sales for January jump 57% as new models enter market.
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Competitive pricing: Rice exporters gear up to capture Indian share
As price of Indian rice rises, Pakistan looks set to regain edge in world market.
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Country repays $147 million to IMF
Has returned $5.66 billion so far under standby facility.
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Worker remittances rise 10% in July-January
Country receives $9b from overseas.
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CASA-1000 project: Pakistan, Central Asia to discuss power price
Delegation leaving today for dialogue with stakeholders in Washington.
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US releases second tranche of coalition support fund worth $352m
US releases $352 million of $1.4 billion coalition support fund (CSF) to pakistan.
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Pakistan, ADB to sign $900m agreement for Jamshoro power project
Nawaz appreciates ADB support to the tune of $1 billion for energy projects and state owned enterprise reforms.
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Energy woes: Govt to go ahead with Discos sell-off plan
CCI takes decision after provinces refuse to take ownership; approves ‘diagnostic analysis’ of NEPRA.
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Popular verdict: PHC’s detailed order terms NEPRA’s fuel levy ‘discriminatory’
The 71-page judgment provides ways for repaying consumers in K-P.
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Line extension: Pakistan looks for $10 billion oil credit facility
Asks Saudi Arabia, Kuwait to extend the timeframe for deferred payments.
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Development: PM briefed on mega infrastructure projects
“The government has prioritised mega projects to place the country’s economy on a right track,” says PM.
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Swedish envoy asks businesses to increase exports
Private sectors of both countries to enhance trade ties.
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Market watch: Institutional selling wipes over 400 points off index
Stocks trade deep in the red as KSE-100 index plunges 1.6%.
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Monetary policy: Analysts revise policy rate expectation for remainder of FY14
Expect SBP to hold interest rate steady as inflation dips.
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Gas supply: IP pipeline still not shelved, says government
Petroleum minister awards exploration blocks to OGDC and PPL.
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Seeds unavailable: Farmers fail to find quality Bt cotton varieties
Switch to other crops like rice and sugarcane that offer better returns.
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Claims filed: Turkish RPP seeks $2.1b in damages
Files ‘memorial’ with World Bank’s arbitration body against Pakistan.
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Fiscal prudence?: Govt shifts numbers to show ‘impressive’ performance
Claims improvement in fiscal performance through higher non-tax revenues.
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SHC reserves decision on plea to declare Ogra scam null and void
Filing 2 references in Rs82 billion graft case, NAB has nominated 17 accused, including 2 former PM Gilani and Ashraf.
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IMF likely to clear third tranche
IMF increased its forecast of inflation from 7.9% to 10% while expecting that inflation will soon bounce back.
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Shariah compliant: Islamic banking and finance – where does Pakistan stand?
Besides Iran and Sudan, this system will have a share of 50% in six countries by 2020.
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Tussle: Great game of gas politics
Govt must take a bold decision on energy import like the EU did.
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Without homework: Privatisation – all hype, no policy
To appease both voters and political opponents is a self-deceiving spin
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The final frontier: Retailers go digital to tap $25 million online market
Despite growth, country’s ecommerce business is far behind many other markets.
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Investor confidence: Swedish fund to open research office in Pakistan
Asset management firm has already pumped $100m into equity market.
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Fruit Logistica-2014: 13 Pakistani companies take part in Berlin fair
Exhibitors were optimistic about a substantial increase in export of fresh produce from Pakistan.
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Trade development: Search for business prospects in S Africa
RCCI plans to organise maiden single-country exhibition there.
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Theft control: California leaders push for ‘kill switch’
Opponents fear that it may allow hackers to shut down people’s devices.
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Phasing out: Maruti halts production of iconic small car
Decision taken to meet auto emission standards to cut pollution.
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National flair: Pakistan teams show off culture at Shell Eco-marathon
Thailand teams lead the overall scoreboard as race heads into its final day.
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Duty collection: Sindh lock horns with federal govt over FED
Province considers taking up the issue at Council of Common Interests.
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Job creation: Carpet industry vies for a stake in PM loan scheme
Scheme is best suited for carpet manufacturers, says body chairman.
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Weekly review: Volatile week ends with KSE down 102 points
Investors remained cautious in the face of positive inflation figures.
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Pakistan's problems could have been avoided with better policies in past: Nawaz
Energy crisis started during Musharraf's rule, Nawaz says.
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Curbing tax evasion: Govt likely to miss key IMF loan condition
FBR has so far failed to raise tax demands against three out of four tax evaders.
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No information security breach occurred: KSE
Says measures were taken to protect IT data, network infrastructure.
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Cellular subscribers cross 132 million mark
Telenor adds highest number of new subscribers in October and November 2013. CREATIVE COMMONS
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Still strong: Cherat Cement posts profit despite drop in exports
Company announces cash dividend of Rs1 per share.
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Back on track: Engro Fert back in black with Rs5.49b profit
Better production at Enven plant lifts bottom line.
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Market watch: Stocks close in red on profit-booking
Benchmark KSE-100 index drops 180 points.
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Court battle: German court rejects JS Bank’s claims
Quashes its own injunction against Transparency International.
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Scorecard: Policy rate hike to prop up banking margins in 2014
Higher rates, deposit mobilisation and decreasing provisions may lead to growth.
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Bilateral trade: Industry wary as govt prepares to give market access to India
Believes cheap Indian drugs will lead to closure of pharma plants.
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Energy sector: Audit of debt under way on IMF’s request
Senate panel seeks briefing from senior officials on calculation of power cost.
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Energy-efficient: Shell Eco-marathon commences
Four-day event to see participation of six Pakistan teams.
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Thar coal contract: SHC orders re-evaluation of complainant’s bid
Gives Sindh Engro Coal Mining Co 15 days for decision.
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Central bank: Forex reserves rise $5.6 million
The central bank’s foreign exchange reserves increased $5.6 million to $3.1 billion during the week.
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Foreign assistance: Govt receives only 26% of projected funds in first half
Chances high of an upward revision in current account deficit target.

















































