2014年10月9日 星期四

2014-10-10 Pakistan Business

  The Nation   
Gas supply not restored to industry in Punjab  The Nation
LAHORE - Gas supply to industry in Punjab, which remained suspended during Eid holidays, has not been restored yet and the Central Chairman APTMA S M Tanveer has urged the Prime Minister Nawaz Sharif to take notice of delay in gas supply revival.
FAISALABAD City News   The News International

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  Business Recorder   
Mobile wallets reach 4.2m  DAWN.com
ISLAMABAD: The number of mobile wallets reached 4.2 million by the end of the second quarter of this calendar year (April-June), an increase of 11 per cent. According to the SBP Branchless Banking Newsletter issued on Thursday, the number of branchless ...

Mobile wallets show growth, reach 4.2m by June 2014   Daily Times
2QCY14: Mobile wallets reach 4.2 million   The Express Tribune
SBP says mobile wallets have reached 4.2m with 11pc raise   Pakistan Today
Business Recorder   
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  MiamiHerald.com   
Don't breathe easy: Federal Reserve likely to start raising interest rates by mid ...  Firstpost
Las Vegas: The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the U.S. central bank said on Thursday, although both said the exact timing will depend on the economy. "What we think now is that the ...

Aust dollar steadies at noon   Herald Sun
Gold shoots up dovish Fed language, shrugs off data   Moneycontrol.com
Interest Rates to Stay Near Zero Till Mid-2015-Fed Says   Inside Trade
Business Recorder   
NASDAQ   
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  Business Recorder   
Reserves jump  DAWN.com
KARACHI: The country's total liquid foreign exchange reserves increased to $13.40 billion during the week ending October 3 compared to $13.210bn the previous week, the State Bank of Pakistan (SBP) said on Thursday. The reserves held by the SBP ...

Week-on-week: Foreign reserves increase 2.86%   The Express Tribune
Foreign reserves improve, reach $13.4bn by Oct 3   Daily Times
Pak forex increase to $ 13.40008bn   Business Recorder

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  The Express Tribune   
Envoy asks Chinese to invest in Pakistan  DAWN.com
BEIJING: Pakistan's Ambassador to China Masood Khalid has said that Pakistan is well-placed on the global index of ease in business and offers attractive opportunity to Chinese investors. He was addressing the Pakistan Business Forum co-organised by ...

Pakistan suits Chinese companies going global as destination   ecns
Pak Business Forum: 'Ease of doing business will attract Chinese investors'   The Express Tribune
Pakistan a destination of choice for Chinese investors: envoy   Daily Times

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Lean business amid post holiday session  Business Recorder
A few deals reported on the cotton market on Thursday as most of the participants were busy in exchange of Eid greetings, dealers said. The official spot rate inched up by Rs 50 to Rs 5,100, they added. In Sindh, rates were unchanged at Rs 2350 and Rs ...

Lint trading remains insipid with firm spot rate   Daily Times

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  The Express Tribune   
Habib Bank mulls acquiring Barclays Pakistan  DAWN.com
KARACHI: Habib Bank Limited (HBL) on Thursday disclosed its interest to acquire Barclays Bank PLC's Pakistan operations. The company secretary of HBL Ms Nausheen Ahmed made the announcement, saying that HBL was considering entering into ...

HBLs Barclays intentions   Business Recorder
Pakistan operations: HBL shows interest in acquiring Barclays Bank   The Express Tribune

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  The Express Tribune   
Preferential Trade Agreement: Turkey, Pakistan talk of enhancing trade relations  The Express Tribune
The Consul General of Turkey invited Pakistani importers to submit their details in his office. STOCK IMAGE. KARACHI: Expansion of the Gwadar project would help penetrate the Asian markets and enhance bilateral trade among ECO member countries, said ...

'Gwadar to help penetrate Central Asian countries'   Daily Times
Gawadar project will help penetrate Central Asia: Zakria   Pakistan Today

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Bestway completes pharma business acquisition  The Nation
KARACHI(PR): Bestway Group (“Bestway” or “the Group”) today takes formal control of the Co-operative Group's Pharmacy business. This follows July's announcement of the £620 million deal. The Group worked with JPMorgan and Nomura, supported by ...

Bestway walks smartly   Business Recorder

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PSM may not achieve output target  DAWN.com
KARACHI: Pakistan Steel Mill (PSM) is unlikely to achieve the production capacity target of 40-50 per cent in the current month after two incidents. However, the mills ruled out such apprehensions, terming these incidents as minor. The mills would achieve ...

Production comes to a halt: PSM unlikely to achieve October target   Business Recorder

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