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Benchmark: ADB to earmark $2 billion loan for energy sector
Raises concerns about lack of transparency in circular debt payments
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PM halts hike in power tariff
Govt to to continue with subsidies for domestic and agricultural consumers
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Budget-making process ‘non-transparent’
Study says govt needs to do away with unclear classifications
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Senate proceedings: 16 power projects under way
There is a shortfall of 2,800-to-5,500MW depending on seasonal demand, said minister
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Declining exports: PTEA urges government to wake up
Association alarmed at latest figures.
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TCP to start cotton buying in November
Senate committee voices concern over delay in procurement.
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Market watch: Index’s downward slide continues for sixth straight session
Benchmark KSE-100 index drops 16.85 points
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Corporate results: Engro Polymer suffers Rs157m loss
Company’s earnings slump in 3QCY14.
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Corporate results: Meezan Bank’s earnings up by 24.3%
Posts after-tax profit of Rs3.5b in first nine months of 2014.
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1QFY15: Agriculture credit disbursement surges 38%
Is almost 20% of the overall annual target of Rs500b.
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Pakistan Railways: China to inject $3.5b into infrastructure development
Team to arrive on October 25 to undertake comprehensive study.
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Textile mills: After sector’s hue and cry, govt promises gas in winter
Aims to keep factories operating at least on one-third production capacity .
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Economy problems
According to textile ministry the severe load-shedding is going to cause Pakistan a potential loss of $2 billion
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EU fines JP Morgan for rigging interest rates
Parallel investigations into charges that top banks rigged foreign exchange rates to get an unfair advantage continue
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Amid apprehensions: CDWP clears Rs26.6b airport project in Gwadar
Committee constituted to review price of project
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Interim order: Top court unblocks OGDCL selloff
Allows govt to sell the company’s 10% shares
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No interest: MoUs with Chinese company cancelled
Punjab government signed two MOUs of 900MW and 200MW last year with ZTE
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Income tax: FPCCI demands uniform tax on rental income
The tax slabs have opened a window for mis-declaration of income, corruption and tax evasion
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Banks, MFBs: SBP issues fresh guidelines
SBP has issued guidelines to banks and micro-finance banks for strengthening internal controls in payment instruments
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Tax issues: Business council incensed at FBR’s ‘arbitrary inquiries’
Council wants finance minister to take corrective measures.
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Nestle Pakistan records 43% rise in net profit
Company posts earnings of Rs6.4b in nine months.
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Corporate results: Engro Foods’ struggle continues
Company reports loss of Rs77m during 3QCY14
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Market watch: Index slips in absence of triggers
Benchmark KSE-100 index decreases 171.98 points.
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Economic relations: Seize opportunity for joint ventures, says Turkey
Delegation head asks private sector to tap business potential.
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Bank mergers: Meezan Bank acquires HSBC
Will make operations Shariah-compliant.
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SBP data: Current account deficit clocks in at $1.33b
Widens by $62m during Jul-Sept over the same period previous year.
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Price fixing: CCP suspects collusion among auto dealers
Serves notice on PAMADA; finds evidence of cartelisation.
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Widening trade deficit
It is time our officials wake up and try to achieve real goals instead of painting a rosy picture that does not exist
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Various reasons contribute to failure in meeting schedule
Flightstats data shows 51% of PIA’s departing flights delayed.
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Is the airfare unfair?
Software determines price, ambiguity irks passengers.
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CAA data: Travellers register growth, highest in three years
Number of domestic and international passengers rise 8%; PIA’s share in domestic market down .
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Defying market mechanism: ECC – where politics rule economics
Its role could be redefined and narrowed to general policy guidelines.
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Economic ministries: Most spokespersons remain inactive
They come into action only when damage is done.
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Ambiguous: Big question mark over privatisation plan
With OGDC case in court, things not likely to be sorted out soon.
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Intrade Expo 2014: In search of opportunity, delegation off to Malaysia
Businessmen keen to promote bilateral trade with Kuala Lumpur
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Country on radar for IT expansion
Software giant SAP focuses on technological growth in region.
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New chapter in Japan’s aviation sector
Country unveils first passenger aircraft in nearly four decades
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Dissatisfied: Falling FDI worries business forum
The chamber has called upon the government to take urgent measures to improve FDI
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LNG imports: SSGC relents to govt pressure, approves capacity charges
Some board members say payments will push company to brink of default.
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Tax reforms: Body limits itself to unanimously-agreed reviews
20-member commission will look after macro issues
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Islamic banking: SBP revises initial paid-up capital to Rs6 billion
Subsidiaries will now be required to raise paid-up capital up to Rs10 billion within five years
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Weekly review: Oil slump drags KSE-100 below 30,000 points
Declining crude prices and global equity sell-off impacted the market.
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Economic cooperation: Turkish premier to arrive soon
Dastagir sought Turkish collaboration and investment in the energy schemes
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Scarcity of water: Town associations disgruntled
Town associations complained that KWSB had raised its tariffs to Rs204 per 1,000 gallons
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Experts urge optimum use of existing power plants
Seminar highlights use of existing resources, mitigating issues.
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Chinese keen to explore business opportunities
Delegation expresses interest in hydro energy, construction sectors.
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Loss to the national kitty: ‘Collect WHT from used imported cars’
PAMADA chief blames FBR, highlights decline of local industry.
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Partnership: Trade talks with Japan at a standstill
Studies on developing legal framework for businesses under way.
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Market watch: Index ends week on a low as investors remain cautious
Benchmark KSE-100 index decreases 99.35 points.
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Rehabilitation work: PSM strives to swiftly repair damaged furnace
Launches investigation into cause of the incident.

















































