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Rupee hits all-time low against dollar
The local currency lost another eight paisa in inter-bank trade compared with Thursday’s closing.
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‘Digital media misunderstood in Pakistan’
In Pakistan where literacy rate is to be nearly 50 per cent, many question the efficacy of digital media.
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Stock market ends bearish trend after three days
The stock market managed to close up 0.4 per cent on the last trading day of the week.
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FBR mandates new refund system
Mandates the use of the expedited tax refund system for the submission of refund claims from October 1 onwards.
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Tarin asks government to reduce expenditures
Tarin says government should broaden the tax net by adding new sectors instead of levying new taxes on private sector.
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EU concessions unlikely to be permanent
Converting the one-time trade concessions for Pakistani textile exports into a longer term measure looks difficult.
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Gold rallies to new high
Gold prices hiked sharply by Rs300 per tola (11.7 grams) to Rs41,450 on Friday from its previous peak.
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EU yet to finalise trade concessions for Pakistan
The delay is giving rise to fears that the final package may not be all that beneficial.
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Musical chairs in the media industry
Pakistan's media industry sees a game of musical chairs as senior journalists shift from one media house to the...
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Sick units bill sent back for review
Legislation for rehabilitation of more than 3,000 sick industrial units is postponed.
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Government agrees to recommendations
Govt accepts recommendations of Transparency International aimed at mitigating corruption.
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Benefit on forced sale value likely
SBP may allow relaxation in provisioning for loans given to businesses affected by floods.
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ICC introduces revised trade terms
International Chamber of Commerce launches latest version of its internationally-recognised trade terms.
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Govt seeks release of rice cargo in Kenya
Rice exporters plan to send delegation to Kenya to discuss problems faced by them.
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‘Good governance a must’
Pakistan’s economy is mainly driven by family-owned businesses.
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Coca-Cola top brand for 11th year in a row
Coca-Cola retains position at the top of Interbrand’s ranking of world’s best brands.
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US passes legislation to strengthen private sector
Legislation expected to empower private sector by creating jobs and opportunities.
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Stocks remain dull as volumes continue to fall
Stock market falls as investors prefer to remain sidelined over talk of a possible imposition of additional taxes.
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Rents fall as commercial real estate vacancy rates soar
Commercial real estate vacancy rates reach as high as 50 per cent in Lahore and Karachi.
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USAID to provide $16m for flood-hit farmers
The aid will support wheat planting, prevent further livestock losses and de-silt irrigation systems in KPK.
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If the finance minister does not disclose assets, who will?
Dr Abdul Hafeez Shaikh is yet to declare his assets and the amount he paid in taxes last year.
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Engro raises DAP prices
Engro increases prices of fertiliser by Rs30 to Rs2,530 per 50kg bag.
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KESC unable to cut tariff despite NEPRA’s nod
KESC will not pass on the benefit of a reduction in power tariffs, despite an approval by Nepra.
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The Political Economy of Debt
The numbers seem massive but the reality is far from apocalyptic
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Bourse witnesses another dull session with low volumes
Local market experiences another dull session as investors remain on the sidelines.
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Gold prices cross Rs35,000 mark
Gold prices reach their highest level on Wednesday.
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TCP to auction 50,000 tons of sugar
Economic Coordination Committee directs TCP to offload the imported sugar in the open market through an auction.
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Government warns of action against overcharging flour mills
Sindh govt warns of stern action against flour mills and retail outlets involved in selling flour at higher rates.
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German investment contingent on reforms
Investment in energy sector is dependent upon Pakistan’s ability to reform the sector as recommended in a report.
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Businesses dwindle in face of Karachi unrest
Volumes for businesses in Karachi dwindle to less than 20 per cent of their historic levels.
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Four-hour power suspension announced
KESC announces power outages schedule for the industrial areas of the city, after months of smooth supply.
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SAARC focuses on food security
Representatives of Saarc member states start two-day deliberations here on Tuesday.
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Stocks end down as investors sell
Stocks fall as investors book profits on rumours of a hike in the discount rate in the upcoming monetary policy.
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Floods wash away rice exports
The country misses orders of up to 750,000 tons of rice to date.
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OMV takes over Petronas’ Pakistan operations
The purchase will increase OMV’s gas production in Pakistan to around 25,000 barrels of oil equivalent.
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SSJD pushes for alternative energy sources
"Utmost priority in Pakistan’s energy sector is moving towards a diversified mix" says Junaid Qurashi, CEO SSJD Group.
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Pakistan pushes to start Turkmenistan pipeline
Senior officials of Turkmenistan, Afghanistan, Pakistan and India ink the framework of an agreement.
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Locusts attack cotton crop
Locusts attack cotton fields in areas from Ghotki to Khanpur Mehar sparking fears that production may fall further.
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Govt allows duty-free import of raw sugar
Government waives the 25 per cent regulatory duty on the import of raw sugar.
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Brand wars in gadget land
Which laptop should I buy? What phone will be the most user-friendly? Which music device will make me look cool?
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Pakistan's foreign debt reaching Rs9 trillion
Finance Secretary Salman Sadiq says the interest of this debt is being paid with the new loans.
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‘PSO managing petroleum demand’
PSO says it has wide-scale presence in Punjab, fuelling the province with a record 2,060 stations.
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Oil price deregulation not anytime soon
Oil price deregulation is unlikely to happen for at least two to three months.
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TAPI gas pipeline agreement inked
Turkmenistan, Afghanistan, Pakistan and India on Monday signed the framework to go ahead with the project.
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24 paisa per unit cut likely
Electricity distribution companies have requested a tariff reduction of 24 paisa per unit for August.
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‘Know your client’
An improved client disclosure mechanism and automation of the CDC will be introduced.
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Discount rate hike expected
Hike may be inevitable when the State Bank of Pakistan (SBP) announces its monetary policy.
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Stocks range bound as investors remain on the sidelines
Investors remained on the sidelines waiting for clarity over the margin product and concerns of a possible rate hike.
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Gold reaches new peak
Gold closed at Rs34,885 per 10 grams in the local bullion market on Monday, marking a new record.
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Current account deficit at $324m
Current account deficit down about 48 per cent compared with July’s deficit of $620 million.






































