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Felicitation: SMEs welcome minister for industries
Immediate requirement of the sector is energy and exemption from import duty, sales tax on alternate energy requested.
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Iran sets up border market
Tehran believes the move will reduce smuggling and bypass sanctions.
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Businessmen expect a ‘pro-business’ budget
Also hope govt will restore investor confidence in country’s economy.
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Libyan envoy invites Pakistanis to invest
Says construction boom in Libya is a profitable venture for foreigners.
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Gas supply to CNG stations considered wastage
Inefficient captive power plants may also face disconnection.
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Money matters: Government to unveil budget on June 12
Finance Minister Ishaq Dar urges nation to help govt in overcoming economic crisis; calls for broadening tax base.
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Energy crisis: Govt refuses to give timeframe to end outages
Govt prepares long- and short-term plans to end load-shedding.
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Weekly Review: Bulls continue domination as KSE breaches 22,000 barrier
Hopes of resolution of energy crisis and heavy foreign investment take the bourse to fresh peak.
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Bowing out: Ashraf’s son-in-law resigns from World Bank post
Raja Azeemul Haq was appointed as ED despite lack of experience.
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Regional trade: Pakistan attends expo by China-South Asia Business Forum
Around 170 exhibitors from Pakistan are participating in the Expo.
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Food Department falls short of wheat collection
Faces difficulty in achieving total procurement target.
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Super crops: Genetically modified crops to bring green revolution, says VC UAF
VC claims the technologically modified crop could solve food insecurity.
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K-P industrialists protest unequal power distribution
Say increase in outages has paralysed business in the province.
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CCP advocates autonomy for competition agencies
Anti-trust watchdog trains Afghan officials in competition laws.
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Tax net: FBR entrusts FPCCI with simplifying tax forms
Move expected to encourage more people to pay taxes.
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Market watch: Equities close week on positive note
Index adds gains to hit yet another high.
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Microsoft steps up drive to grab cloud services market
Holds seminar on cloud-based application – Office 365.
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View from McLeod Road: How long can the cement sector’s winning streak last?
Despite stellar run so far, analysts believe sector still has some wind in its sails.
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Stakes in Mansha’s profitable power plant up for grabs
Lalpir Power Limited to go public with 37.9 million shares.
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Netting the netted: Govt may further burden taxpayers for FBR’s negligence
May increase taxes for non-corporate businesses, high-income individuals.
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Economy: PML-N confident about tackling economy
PML-N is fully committed to solve the economic crisis including power load shedding, says Dar.
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‘Pakistan extremely vulnerable due to climate change’
Speakers stress framing policy to ensure survival of agro-based economy.
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Women showcase their entrepreneurial spirit
Punjab Women Entrepreneur Handicraft Festival held in Multan.
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SECP takes action against noncompliant listed firms
Cracks down on leading names in the KSE for violating laws.
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Market watch: Equities recover lost ground as banking stocks resurge
Heavy foreign buying in MCB turns KSE’s fortunes around.
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Korean envoy signals eagerness to boost trade
Welcomes PM Sharif, says Korea willing to invest in Pakistan.
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Changing tracks: As power crisis worsens, businesses innovate
Many domestic industries opt for waste and coal-fired power plants.
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Govt to kick off work on 1,100MW nuclear power plant
Project costing $9.5b will be built with Chinese assistance.
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Unsustainable equation: Ministry paints rosy picture of foreign currency reserves
Expects reserves to drop only $1.5 billion next year with $2 billion in assistance from ‘friends’.
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Green Economy Forum 2013: Transition from red to green economy remains a formidable challenge
Seven steps suggested for corporate sector to bring sustainable development.
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Power generation: KMC plans to remedy power crisis through garbage
A study for a comprehensive plan for generating energy from garbage would be completed in three months, says Zaidi.
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Civic responsibility: Citizens of Peshawar voluntarily remove kundas
Electricity consumers agreed to cooperate as PESCO promised to improve services.
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Corporate governance rules for NGOs discussed
SECP desires to develop a regime that will enhance credibility of NGOs.
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Glimmer of hope for cash-starved economy as Sharif takes over
Economists say it will take years to fully revive the economy.
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Market watch: Index takes a hit as oil stocks lose favour
Heavy trading amid profit-taking marks bearish session at bourse.
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Power woes: Caretaker minister tipped to become energy consultant
Malik briefs govt about the need for a new business model.
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Intel to test Pakistan with tablets
Will launch seven-inch tablets by June-end or early July.
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Market analysts dismiss scepticism, say KSE to rise further
Say stock market is still valued very cheaply, has potential to climb further.
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Project financing: ADB to pull out of CASA-1,000MW import project
Cites security risks in Afghanistan as the reason to part from a project dear to the US .
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Building on ties: New premier indicates plan to link Gwadar with China
Says implementation of an expansive rail network is in the offing to help connect mainland China to Gawadar port.
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Rupee flirts with lifetime low as India's woes mount
I don't see anything that can turn the rupee around for a while: Foreign exchange strategy chief
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New govt to take decision on gas infrastructure cess
Court had suspended the cess, citing procedural lapses.
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Vocational training institutes face an uncertain future due to budget strains
Dearth of funds leads to their closure in last four months every year.
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Kenya erecting barriers to limit rice imports
Pakistan can use Kenyan tea imports as leverage to stop decision.
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National Carrier: PIA seeks aggressive reforms
PIA has not added new aircraft to its fleet for a decade.
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Frugal innovation: Pharmagen eyes affordable bottled water market
Company seeks to offer preventive healthcare options to low-income households.
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Gone with the wind: Fruit farmers suffer losses in the wake of storm
Peach, plum, apricot orchards uprooted by raging winds.
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Global warming: Pakistan may face a big drop in crop yields
Experts warn of food insecurity if steps are not taken in time.
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Cement sector: Industry blames weight laws for falling sales
All Pakistan Cement Manufacturing Association says that the axle load limit had created a transport shortage.
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Market Watch: Relentless foreign buying extends KSE’s rally
KSE-100 index gains 194 points to close at another record.