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Motorcycle industry: Dawood Yamaha to set up factory in Afghanistan
The motorcycle industry in Afghanistan expects a strong growth.
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As flour prices surge, Sindh High Court takes notice
Petitioner says shortage in Hyderabad markets artificial.
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Indus Motor profits drop 44% as car sales fall
Company announces Rs6 per share interim dividend.
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Corporate results: Nishat Mills’ earnings up 50%
Moreover, higher yarn demand from China bodes well for the textile company .
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Market watch: Telecom, foreign buying help bourse breach 18,000
Benchmark KSE-100 index gains 153 points.
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ICAP silent about Rs25m penalty by CPP
Accountancy body was penalised by CCP for restricting training of non-ICAP students.
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General Tyre invests Rs500m in motorcycle tyre plant
Company to tap spare parts market in first phase.
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‘Pakistan should focus on long-term solutions’
US says Islamabad should not go ahead with Iran-Pakistan project.
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Loan shark?: Despite past failure, World Bank offers another loan
Undeterred by failure of first tax reforms project, agency proposes another programme.
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Fear of criticism: ECC scraps plan to deregulate oil freight margin
Allows Byco to charge 15 paisa as crude transport cost from consumers.
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‘Chinese investment in Gwadar port is purely economic’
Institute of Regional Studies holds a roundtable on Sino-Pak ties.
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Govt considers sending legal notice to Associated Group
Company fails to donate LPG plants, but says it is not legally bound.
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Millers fear $1 billion drop in exports as cotton production falls
Report reveals cotton target has been missed by 1.3 million bales.
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Tax on incoming international calls to stay
Supreme Court cancels LHC’s stay order against the tax.
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ICI’s profitability takes a hit due to gas outages
Profits down nearly 49% to Rs893m as polyester, soda ash business hurt.
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KAPCO’s profits surge 36% to Rs3.7 billion
Power firm announces interim payout of Rs3 per share.
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Market watch: Correction in global markets pulls down KSE index
Positive news for telecom sector not enough to sustain rally.
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Pakistan State Oil ‘on its knees’
Threatens to restrict supply on credit, which will mean more blackouts.
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Five-year plan: KESC to invest $500m in improving power supply
Will convert oil-based plants to coal-fired, cut line losses.
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Corporate results: PSO’s profitability continues to grow despite circular debt
Higher POL prices, other income drive the trillion-rupee company to post a profit of Rs6.3b.
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Last moves before elections: ECC likely to increase margins for OMCs, dealers
Ban on import of CNG cylinders and kits may be lifted.
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Planning ahead: UAE company to set up coal-based power plants in Karachi
Burj Power will invest up to $700 million in four projects.
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Scrutiny of poll candidates: SC to decide fate of defaulters says SBP Governor
Challenges exist but foreign currency reserves sufficient, assures SBP governor.
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Investment in agriculture stressed to create jobs
Speaker advocates reforms for developing the sector.
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SBP’s scheme lends Rs2.83b in 18 months
Offers small enterprises, farmers access to bank financing.
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Securities fraud: BMA Capital fined for front-running
SECP levies Rs50m fine on broker for improper trading in shares of Bata Pakistan.
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Increasing number of students join CIMA
Student growth in Pakistan stands at 300% per year.
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Pakistan to bolster trade ties with Iran
President, PM hold meetings with Iranian Oil Minister Rostam Ghasemi.
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Investment in branch expansion weighs on Meezan Bank’s profits
Deposits continue to grow rapidly, diluting impact of lower interest rates.
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Pakistan Tobacco’s profits 375% higher than last year
Higher gross profit and stable expenses translate into hefty growth.
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As gas crisis deepens, businessmen look towards coal
Mineral to be used to power new industrial estate in Peshawar.
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Market watch: Market rebounds as investors take positions
End of countrywide protests signals another rally.
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Corporate results: Dry wells soak up OGDC’s otherwise strong performance
Explorer announces exceptional profit of Rs49 billion, but below market expectations.
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Iran refuses to slash gas export price
Delegation leaves to finalise pipeline construction plan.
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Budgetary support: ADB assistance hinges on broader reforms
Bank offers $2.5b for development projects only over two years.
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Hafeez Shaikh is a poor choice
Many names going around are better suited than Shiekh who has had a role in creating many of Pakistan's economic woes.
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‘Indians never knew Pakistan was so modern’
Businesswoman Mini Bindra says people love Pakistani cuts and designs.
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Strengthening ties: Oxford Business Alumni Network launched in Karachi
Dr Amir Jafri is the president of the Oxford Business Alumni.
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View from Mcleod road: Now that Shaikh is gone, can we have a bully please?
The ruling Pakistan Peoples Party has struggled to fill the role of finance minister from the very outset.
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Handing over Gwadar
Giving a port to a foreign power is inadvisable, and we may also harm relations with China’s Indian, American rivals.
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Gwadar: China appreciates transfer of port operations
“The operation of the port is a new project in China-Pakistan business cooperation,” says Chinese official.
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Climate change cannot be avoided, say scientists
Say GM crops, mega water reservoirs can reduce its impact.
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Bond Pricing Agency Regulations draft approved
SECP seeks feedback from stakeholders through online forum.
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Goods worth over Rs10m traded across LoC
Bilateral trade was affected due to Indo-Pak tensions along the LoC.
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Market watch: Stocks close lower as investors book profits
Nationwide protests put a damper on bullish sentiment.
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Gas supply to SSGC to be increased next year
Company will get 100 mmcfd from new fields, LPG air-mix plant.
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Corporate results: Fauji Cement’s fortunes witness a meteoric turnaround
Higher cement prices, softer coal prices allow the company to post a profit of Rs923m.
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Competition Commission comes out swinging against auto lobby’s claims
Uses data to illustrate how restriction in car imports is hurting consumer interest.
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An exodus of suits: Pakistan’s Wall Street losing its lustre
Companies shift to office blocks having ample parking space.
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Spreading out: Telenor Pakistan to diversify from telecom business
Company exec says a range of other related services on the cards.