2015年8月28日 星期五

2015-08-29 Pakistan Business


KSE posts 486-point rally on global recovery   
The Nation
KARACHI - Led by blue chip scrips, stocks Friday closed sharply higher amid recovering global equities and record surge in WTI crude oil prices. The KSE 100-index posted a gain of 486. 18 points or 1. 4% to close at 34,447. 47 points, with 282m shares ...


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The Express Tribune
   
Research centre on its way to boost agriculture   
The Express Tribune
ISLAMABAD: A development that is sure to be propitious to the country's agricultural sector, the International Maize and Wheat Improvement Centre (CIMMYT) has voiced its intention to establish a research centre at the National Agriculture Research ...
Govt launches website for farmers guidance   The Nation

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The Nation
   
Govt to take steps to reverse declining trend in exports: Dar   
The Nation
ISLAMABAD - Finance Minister Ishaq Dar on Friday emphasised to have a more broad based inclusive growth and better coordination between the monetary and fiscal policies in view of rapidly changing global economic environment. He made these ...

Without delving deep: Cabinet approves 3-year trade framework   The Express Tribune
Urgent measures needed to boost exports: Dar   Radio Pakistan (press release)
'The Ajrak Corridor'   Business Recorder (press release) (blog)

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Daily Times
   
'B2B contacts a must to expedite Pakistan-Brunei trade'   
Daily Times
LAHORE: The Brunei high commissioner on Friday has said that business-to-business (B2B) contacts were important to increase bilateral trade between Pakistan and Brunei, adding that the chambers of commerce and industry of both countries should ...

Call to boost Pak-Brunei trade   The Nation
Brunei keen on enhancing trade ties   The Express Tribune
Boosting economic ties: Pakistan, Brunei should make joint efforts: HC   Business Recorder (press release) (blog)

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Financial Express
   
Oil prices pump out big two-day rally   
Herald Sun
Crude oil prices have scored big gains for a second straight day, capping a wild week as traders seemed to view the recent nose-dive as overdone. US benchmark West Texas Intermediate (WTI) crude for October delivery jumped $US2.66 (6.3 per cent) to ...

Oil prices slide after US-inspired jump   The Nation
Oil steadies after strong gains as equities rally   Daily Times
Oil jumps up 6 percent   Chron.com (blog)
Xinhua   
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Daily Times
   
Strategy has been evolved to overcome energy crisis :CM Shahbaz   
Daily Times
LAHORE: Punjab Chief Minister Shahbaz Sharif has said that energy projects are being speedily implemented for coping with the problem of shortage of electricity.CM Shahbaz said that a strategy has been evolved under the leadership of Prime Minister ...

Energy projects being completed on war footing: CM   The Nation
Projects to start producing energy by 2017: Shehbaz   Pakistan Today
CM condemns Indian firing on working boundary   SAMAA TV (press release) (blog)
The News Teller   
Aaj News   
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Zarb-e-Azb cost $1.9 billion: Dar   
The News International
ISLAMABAD: Federal Minister for Finance Ishaq Dar on Friday said that Pakistan conducted successful Operation Zarb-e-Azb at the total cost of $1.9 billion that depended upon well-coordinated efforts of all stakeholders. A Special Steering Committee ...

Zarb-e-Azb cost $1.9b: Dar   The Nation
TDPs: Dar reviews rehabilitation project   Business Recorder (press release) (blog)

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Powerloom workers call off strike in Faisalabad   
The News International
FAISALABAD: The powerloom owners of Sadhar Sector on Friday announced reopening their factories while labourers also called off their week-long sit-in and announced rejoining the factories from today. The decision was taken after negotiations of DCO ...

Power-loom factories to reopen   Business Recorder (press release) (blog)
Strike ends: Power loom factories to reopen   The Express Tribune

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Forex reserves fall to $18.508 billion   
The News International
KARACHI: Pakistan's foreign exchange reserves declined to $18.508 billion during the week ended August 21 as compared to $18.655 billion in the previous week, the central bank reported on Thursday. Foreign reserves held by the State Bank of Pakistan ...


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The Express Tribune
   
Downward revision: OGRA proposes slashing fuel prices   
The Express Tribune
In the wake of the recent fall in global oil prices, the country's Oil and Gas Regulatory Authority (Ogra) recommended on Friday a major cut in fuel prices, including a Rs6.14 per litre reduction in the price of petrol. However, the government may ...
Rs6.4 per litre decrease in petrol price likely   The Nation
Cut in POL prices likely from September 1   Business Recorder (press release) (blog)

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