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Faisalabad businesses keep up criticism of energy policy
Chamber says stakeholders need to be taken on board.
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Australia promoting agri research in Pakistan
Data collected to benefit poor rural populations.
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Businesses asked to be fair with stakeholders
Capital moves to economies that display good corporate governance.
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Al-Tuwairqi to invest $900m to upgrade steel plant in Karachi
TSML, POSCO sign MoU with Pakistan to expand business operations.
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Japan may provide ‘yen loan’ for Thar power projects
JICA’s survey report recommends development plan for Thar.
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Broadening its presence: Reckitt Benckiser may invest up to $15m in Pakistan
Company executive says another factory to be set up in Karachi.
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Denied their right: Govt uses workers’ funds to bridge widening deficit
Rs45 billion from the Workers’ Welfare Fund has been appropriated by the finance ministry.
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Relief ends: Petrol prices rise by Rs1.65
The Oil and Gas Regulatory Authority (Ogra) notified prices to take effect from January 22.
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Urdu dictionary on futures trading published
New traders, experienced analysts expected to benefit.
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Karachi port trust: IoBM to lend expertise for project
IoBM is the only institution to be represented by two experts at SEPA including Dr Shahid Amjad and Moinuddin Ali Khan
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Gas stoppage: Protest planned in front of parliament
PTEA Chairman says that industry received gas only for five and a half days in December and no gas at all in January.
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Americans, Afghans come together at agri workshops
Seminars aimed at imparting extension skills, improving water management.
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Lending: Banks give Rs140b in farm loans
Agriculture lending rises 12% compared to last year.
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Gul Ahmed set to make inroads into Indian market
Fabric maker hopes for a sharp cut in Indian import duties.
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Market watch: As political dramas ebb, stock market stages comeback
Absence of political noise gives new resolve to investors.
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Ministry lends helping hand to industrialists
Offers assistance in tapping alternative energy and technical training.
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Pak Datacom pays Rs15m to private company, but why?
Documents reveal payoff made to allegedly appease political concerns.
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No compulsion: Govt lethargy hindering effective monetary measures
Delay in calling meeting of supervisory committee stalls much needed policy action.
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Pakistan’s debt soars to ‘unsustainable’ Rs15 trillion
Persistent borrowing to bridge budget gap and rupee fall add substantially to the debt.
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Ogra recommends Rs1.25/litre increase in petrol prices
If approved, the prices will come in effect from tonight.
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Survey: Ban on night-time packages and possible workarounds
The results are surprising and show just how resilient and adaptable the target market is.
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Background: Ban on call packages result of domino effect
In November 2012 Senate Standing Committee on IT and Telecom asked PTA to stop all kinds of late night packages.
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Night-time packages: Students to cut cellphone use after restriction
Youth, the key target market of mobile firms, term the ban unjustified; say they cannot afford normal packages.
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For telecom companies, the next cash cow is post-paid subscription
A private equity buyout of a smaller player could shake up the industry in the right way.
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Corporate social responsibility: The invisible costs of doing business
The industry would do well to keep the well-being of its target market in mind.
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Thin line between moral and immoral: Future of low-priced call packages vague
Operators argue on basis of freedom of choice, consumers on freedom of speech, government on morality.
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Rights violations: Protesters rally against FC in Balochistan
BHRO activists alleged that Frontier Corps personnel had killed two men.
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Electricity Shortage: Sugar mills start supplying 15MW to MEPCO
Sugar mills would have to start producing ethanol fuel from sugarcane extract to generate power.
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Ministry’s Response: LPG-air mixture to augment gas supply
LPG-air mixture is an option which can augment natural gas supplies through economically possible ways.
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Graduates hope to turn around fortunes after IBA training
They have been selected for agriculture entrepreneurs’ course.
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Picking up: Exports to European Union gain momentum
Quotas under trade preference scheme may be exhausted in 8 months.
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No funding for you: ADB admonishes Pakistan for not treating its own people fairly
Says projects delayed due to issues regarding inadequate compensation.
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Audit report reveals massive irregularities in WAPDA
Financial mismanagement a deep-rooted problem in authority.
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Financial inclusivity: Micro-insurance facility for people on the cards
State Life, NADRA set to ink accord for insurance cover of Rs100,000.
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Weekly review: Index closes flat at the end of turbulent week
Political noise dominated proceedings at the bourse.
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Environmental hazard: KPT’s deep sea port project lands in legal waters
Beachgoer goes to court against the terminal being built at Clifton.
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Industries reeling from energy shortages
Call for framing long-term policies for survival of business.
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14 Pakistani equity funds among world’s top 100
KSE is the best performing share market in Asia, up 49% during 2012.
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Cross-LoC trade suspended
Heavy snowfall blocks trade routes.
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‘Why should we be left out of the club?
KSE makes strong case for inclusion in MSCI Emerging Markets Index.
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To Oracle’s surprise, family-run firms go for latest IT solutions
MD says universities are also fast acquiring enterprise software.
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Market watch: Cooled-off political temperature gives breathing space
Benchmark KSE-100 index jumps 311 points.
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Absence of gas: Engro claims Rs34 billion in damages from public utility
Enven fertiliser plant has not received gas since April last year.
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Economy under severe stress due to war on terror: auditor general’s report
Says loss-making state-owned firms also threaten growth, stability.
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Doomsday scenario: IMF paints a gloomy picture of Pakistan’s economy
Jeffrey Franks says the economy is in dire straits and that a bailout programme is inevitable.
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Impressive growth trajectory : Siddiqi turns around State Life’s fortunes in 5 years
Premiums touch Rs54b in 2012, CAGR of 24.1% since 2008.
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Gomal Zam to be ready by end of January
The dam will generate 17.4MW, irrigate surrounding barren land.
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Wheat supply: Quota of closed mills being smuggled
Food department rejects charges of misappropriation.
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SECP outlines initiatives for development of capital markets
Urges stakeholders to work in coordinated manner.
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IMF and political transitions
Any future IMF assistance would require stronger ownership and broad political support for economic reform.