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Weekly Review: KSE-100 crosses 19,000 barrier ahead of elections
Initial losses were covered by gains later in the week.
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Easing inflation
With inflation clocking in at 5.8 per cent, there is every likelihood that the SBP will further reduce interest rates.
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Challenges to come
Only the most concerted, sincerest effort will enable Pakistan to overcome economic, educational, health challenges.
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LPG price dips Rs7 per kg as demand drops
Marketing firms say prices have come down 30% since Feb.
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Cotton output falls far short of last year’s level
Production drops 12.8% on fears of rain damage, high input prices.
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SBP seeks public opinion on new banknotes
Launches survey on introducing Rs200, Rs2,000 and Rs10,000 notes.
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Fertiliser companies brace for higher gas prices
Govt considers price hike, saying other sectors are at a disadvantage.
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3D-animated content: Pakistani company creates animated show for the UAE
Mansour Cartoon has been animated by Ice Animations, a Karachi-based company.
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Market watch: Bourse stays bullish on pre-election ride
Foreign inflow due to Unilever buyback helps KSE gain 192 points.
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OGRA reluctant to recover cess collected by CNG stations
Gas stations have collected billions, but have not deposited this with utilities.
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Govt sends Planning Commission deputy chairman packing
Authorities need to urgently appoint someone to avoid delay in budget.
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Eni finds new gas reserves: Discovery made in Sukhpur block, 270km from Karachi
"The fresh discovery is good news for the nation and the energy sector," says petroleum minister.
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The verdict is in: Nation misses most targets for economic growth
GDP growth for fiscal 2012-13 will clock in at 3.59% against the target of 4.3%.
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Best-kept secret: NAC to unveil growth rate today amid suspicions
GDP growth may miss target for fifth consecutive year.
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ADB invests $73m in reducing water losses
This is part of phased upgrading of Punjab’s irrigation infrastructure.
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Adamjee Insurance records impressive rise in fortunes
Books 84.4% increase in net profits to Rs703.5 million.
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Fauji Cement reports highest profit in decades
Profits jump ten-fold to billions from millions a year earlier.
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Market watch: Stocks pick up on improving outlook
Timely elections, lower inflation data encourage positivity.
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Atlas Honda posts impressive growth
Announces 75% dividend, 25% bonus issue.
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Delisting process: Unilever appoints KASB to manage share buy-back
Gains formal approval for delisting from stock exchanges.
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Corporate results: Pakistan Petroleum bags Rs33.5b in nine months
Robust sales, increased production, expansion strategy help explorer grow.
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Pakistan Steel Mills: Prime minister approves Rs16b hand-out for ailing giant
Finance ministry to review plan and come up with its own recommendations on Thursday.
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A conflict of interest: Foreign investors resist drive to increase tax rates
Metro-Habib reels from the increase in advance income tax.
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The dole trap
The cost of each of the 3 “free lunches” when they ended quickly appeared in the shape of massive crises.
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World's first web page recreated 20 years on
By making the birth of the Web visible again, CERN aims to emphasise the idea of freedom and openness it was built on.
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Market watch: Pessimism ahead of elections pulls bourse down
Deteriorating security situation in Karachi dampens spirits.
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Public announcement: PTCL cautions customers against fraudulent schemes
Customers urged to be vigilant while receiving calls announcing cash prizes.
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Shrinking spreads pull Standard Chartered Bank’s earnings down
Bank reports a 9.5% decline in profits to Rs1.452b in first quarter of 2013.
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Fauji Fertilizer’s profit increases 29%
Helped along by strong sales, stable prices of agricultural inputs.
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Lucky Cement’s lucky streak continues
Cement producer’s profits grow 62% in the quarter on back of higher margins.
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Engro Corp posts spectacular turnaround in earnings
Company’s profits helped along by revival in fertiliser business.
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Corporate results: Nishat Group’s profits grow across the board
Largest contributor being the textile wing, followed by cement, power and banking divisions.
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Prospective companies educated about public listing process
Third IPO Summit discusses the benefits of going public to raise funds.
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Corporate earnings: Sharply lower investment income dents EFU Life profit
After-tax profit plunges 44% to Rs183.6m in first quarter.
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OGRA suggests crackdown on insider trading
Regulator approaches SECP and CCP for action against oil, gas firms.
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Calculation of economic statistics: Pakistan Bureau of Statistics okays change in base year
Rebasing exercise adds Rs557 billion to total size of economy; share of agriculture and services in GDP increases.
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Only a majority government can stabilise the economy
Pakistan will prosper best when decision-making power lies with one party.
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Things to keep in mind while running a business
Here is a short guide to things an entrepreneur needs to watch out for.
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A lesson or two from Sub-Saharan Africa
Why some African countries are more successful than us in roping in investment.
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Removal of Securities and Exchange Commission chairman
He has left a legacy for his successor to follow and improve.
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Who will bite the bullet?
The never ending cycle of loans, restructuring and then new loans will lead Pakistan nowhere.
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Building the economy while accommodating our compatriots abroad
Overseas Pakistanis already play a major role, why not include them further?.
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How big is Pakistan’s internet start-up industry?
A veteran internet marketer’s insight into Pakistan’s undercover internet industry.
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Sui attack: Pipeline blast halts gas supply
CNG stations and industrial units in the Punjab, KPK lose gas indefinitely.
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Insurance firms optimistic about growth prospects
Focus on emerging markets of Latin America, Asia for expansion.
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IP Pipeline: India shows interest in joining project
Iranian Oil Ministry Spokesperson Alireza Nikzad Rahbar announced that New Delhi has renewed interest.
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Contrary to global trend, equity funds less attractive in Pakistan
Corporate sector – the major player – taps money market funds for liquidity needs.
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Locking horns: Finance, power ministries in row over tube well subsidy
Both ask each other to approach cabinet for removal of subsidy.
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Cement sales may dip after March surge
Domestic demand drops 9% in April from a month earlier.
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Oil and gas explorer: PPL concerned over delay in exploration grants
Company is yet to receive grant of ten blocks it won on March 10’s bidding rounds.