FPCCI president said that implementing the proposal of a five day working week would lead to drop in production.
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TOP STORIES
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MOL begins supply from Manzalai field
The operator of the Tal block in NWFP began supplying 250mln cubic feet of gas and 4,380 barrels of oil per day. -
KSE 100-Index surges by 154 points
Bulls returned to the market boosting prices of leading scrips as the 100-Index closed at 8,916.18 points. -
NA body unanimously passes Competition Bill
The Standing Committee on Finance and Revenue passed the bill to improve the country’s competition law and policy. -
Power tariff to be raised by 1.6pc, IMF informed
IMF team had expressed concerns that non-productive expenditures of the energy sector remained high. -
Remittances rise almost 32pc in four months
Remittances continue to show a rising trend as more than $3bn was received in the July-October period.
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EDITOR'S CHOICE
MEDIA GALLERY
HOT SHOTS
ANTI-TERROR
Losing the moral war
MEDIA GALLERY
India’s Maoist challenge
MAGAZINE
Economic and Business Review
MEDIA GALLERY
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Weddings losing their sparkle?
HIGHLIGHTS
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Booming precious metal prices drive gold rush
Investors are snapping up the yellow metal to hedge against the weak dollar. -
Air India posts 1.2 billion dollar loss
The govt may inject upto $1bln into the struggling carrier in the coming months. -
Right issues announced cannot be withdrawn
The SECP is aiming to reduce market volatility and comply with global standards. -
Competition ordinance
If this is not approved, actions taken to dismantle cartels in the economy will stand invalidated. -
China’s output, retail sales gather pace in October
The stimulus package has created robust growth despite the recession.
WEATHER - PAKISTAN
Cities
AUTO OBSESSION
It is evident that consumers have enough liquidity and are least bothered about the failing security situation.
ANY VALUE ADDED?
The WB continues to point to a Rs800bln gap between revenue collected by the state and actual capacity.
RATES APPROPRIATE
Pakistan will not need additional financial aid as the economy is out of the woods, said the State Bank governor.
RUNNING LOW?
‘We have (already) entered the ‘peak oil’ zone. I think that the situation is really bad,’ a former IEA official said.
MONEY VICE
The challenge is to reclaim the black funds and monitor nations to make sure public money stays in the treasuries.
CURRENCY WARS
‘Yuan stability is forcing many Asian countries to fight to... maintain competitiveness’: economist.
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