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Development programmes: A fourth of govt spending hinges on foreign support
A quarter of public sector financing will come from foreign lenders.
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Tigers don’t grow in begging bowls
Destroying agriculture, preventing tax culture, high tariff walls, smuggling, we are the world’s most famous beggars.
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FBR recommends budget to be presented through presidential ordinance
Reason behind introducing the ordinance is to announce federal budget on time: FBR source
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Development budget: AJK goes ahead with projects
For hydel generation two projects have been accorded approval with an allocation of Rs1.313 billion.
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Change at the helm: State Life chairman takes charge
Iqbal has served as inspector general of Punjab police and his most recent assignment was in the ministry of interior.
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Pakistan moves closer to standardising, quality control
World Metrology Day celebrated with accreditation of NPSL labs.
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Hope for better ties Businessmen look forward to new Chinese PM visit
China should help exploit rich natural resources of Pakistan, says FPCCI President.
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Stability in K-P, FATA will boost economy
Governor invites businessmen to invest in region as it achieves peace.
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Businessmen want in on budget making
Also ask government to eliminate the SRO culture.
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Market watch: Bulls in charge as new govt readies to take over
Index continues to climb unfettered by economic concerns.
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Coke and Pepsi bank on showbiz to fight cola wars
Both sponsor music programmes to promote their brands in Pakistan.
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Corporate reshuffling: Defying rules, govt appoints CEO of Pak Reinsurance Co
Caretakers’ move not in line with corporate governance rules for state companies.
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Pakistan misses opportunity to earn carbon credits
Carbon credit price slides as wind energy projects delayed.
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Can’t get enough: Soaring profits not enough for cement industry
Executives continue to ask for more govt favours despite record-breaking year.
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Intel Solutions Summit 2013: Move over ARM, Intel gets a leg up
Intel unveils range of new products that match modern processing and data needs.
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If the name fits...: When the undocumented economy is truly Black
Human and migrant smuggling, drug production and smuggling and arms trade have a lasting impact beyond the financial.
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Financial inclusion: Indicators suggest greater black economy fault lines
In 2011, undocumented economy was 36% of the economy, based on the data from ADB, FBR, and Tax Justice Revenue.
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Country badly needs a study to assess threat from fake drugs
Pharma firms plan research on exact size of counterfeit drug market.
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Pakistan a friendlier place for software makers
Ranks lower than the developed and the developing world in piracy.
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Is the Black economy all that black?
The informal economy needs to be redirected and documented to account it and boost the country’s GDP.
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Green car: The juice on hybrids in Pakistan
Getting a greener car is the smart choice, but the government won’t let you make it at least for now.
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Fresh start: ‘New K-P govt must take tough decisions to revive the economy’
Former K-P chamber of commerce president says properly planned policies are imperative.
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Steel Mills ready to receive bailout fund
Company set to increase production in line with bailout conditions.
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Bilateral Trade: Sherry Rehman urges Pak-US cooperation
Ambassador Rehman underscored the need for trade to be the foundation of Pakistan-US relations.
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In Punjab, new shopping malls influence business trends
Developers aiming to introduce such malls all over the province to attract customers.
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Revenue-expenditures gap: Widening budget deficit poses challenges for new govt
Government’s overspending surpasses 5.6% of national output.
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Recovering investments: When brokers default, the KSE comes to investors’ rescue
New rules make errant brokers pay for their negligence.
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Weekly review: KSE celebrates PML-N’s win by hitting new high
PML-N’s dominant victory sparks heavy activity at the bourse.
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Post-election policy shift: FBR seeks to revive excise duty regime
Wants to halt the process of phasing out excise duties, impose it on two dozen goods and services.
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Economy: Businessmen upbeat about new government
The political stability is a pre-requisite for economic stability, progress and prosperity, says Anwar A Sheikh.
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Experts gather to discuss energy shortage
Coal-based power units unanimously agreed upon as best solution.
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WAPDA claims no jurisdiction over load-shedding
Says matters relating to thermal power responsibilities of state-owned firms.
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Businessmen setting up Thalassemia hospital for poor patients
FDT has many projects in the pipeline including housing, schools.
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Energy crisis: Prolonged power outages anger textile industry
Say they will block the roads in protest if load-shedding does not end.
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Market watch: Bourse rebounds after Thursday’s correction
Benchmark KSE-100 index gains 120 points.
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Power firms to resume recovery of fuel cost changes
NEPRA issues notification after court removes restriction.
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Mergers and acquisitions: Pakistan State Oil to increase stake in Pakistan Refinery
Chevron wishes to divest its 12% shareholding in the refinery.
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Pakistan approves 100,000 tons of wheat for Iran to pay for power
Shipment was due in mid-February, but faced delays due to elections.
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Operations: Attock and PSO acquire refuelling hub
Details of the set up between the two companies on how the Fuel Farm will be managed have not been given.
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SECP registers 327 new companies
Watchdog’s corporatisation drive in full swing.
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Government mulls securitising assets in the power sector
Move to help raise money to retire the burgeoning circular debt.
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MSCI relegates PSO to Frontier Markets Small Caps Index
Oil marketer added to list of investable small-cap securities in frontier markets.
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LG to invest billions to capture Pakistan market
Launches 84-inch Ultra HD television at a price of Rs2 million.
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Market watch: Investors decide not to push their luck
Index sheds 150 points owing to expected correction course.
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SMEs can use data analytics to hone operations
Seminar discusses the uses of analysing historical data for businesses.
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Tax collection drops after massive reshuffling in FBR
Shake-up just before year-end may make it impossible to meet revenue target.
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Power subsidy: New govt to bear extra Rs200b
Law ministry says tariff cannot be increased retrospectively.
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Spendthrift rulers: Ministry of Finance finds itself ‘short’ of Rs83.3 billion
Discrepancies highlight major flaws in reporting of federal expenditures .
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New guard: Businessmen congratulate PML-N
Business community hopes PML-N would make sincere efforts in resolving numerous challenges ahead.
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PIA’s apex union asks govt to appoint apolitical head
Also requests revision and revival of the 1993 open skies policy.