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Foreign loans swell to $14.5 billion
Surge of 77% in Jul-Feb borrowing fails to arrest decline in forex reserves
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SBP steps up efforts to fulfil SDG 2030 Agenda
Governor highlights initiatives like low-cost housing finance, reducing gender gap
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PSW portal to aid traders in exploring markets
It will contain vital export, import-related information for businessmen
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Senators inquire about KAPCO contract
Hit out at NEPRA for not taking action against ‘illegitimate extension’
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Market watch: Bourse creeps up amid mixed activity
Benchmark KSE-100 index adds 28.6 points to settle at 43,551.15
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Refineries seek Rs23b in tax refunds
Ask energy ministry to intervene as refunds remain stuck with FBR
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Business leader for exploiting GSP Plus
Says sustainable policies for business sector yielded positive results
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Sino-Pak dairy cooperation to result in industrial upgrade
Chinese firm willing to explore Pakistan’s dairy industry more
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FTO promises to resolve traders’ grievances
Says all pending cases will be addressed within stipulated timeframe
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IMF proposes high income tax
It will put more burden on salaried class already reeling from double-digit inflation
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REER appreciates slightly to 97.91 in Feb
US dollar continues to strengthen against major global currencies
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SBP reserves drop $869m to $14.96b
Decrease comes on back of external debt, other payments
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Pakistan, Saudi Arabia to invest in diverse fields
Saudi minister proposes creation of joint team to finalise investment projects
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Provincial minister calls for learning from pandemic
Says nations relying on remittances, dollar inflow will remain prone to external shocks
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Rupee unchanged against dollar
Rupee unchanged against the US dollar at Rs181.73 on Thursday
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ECB to tighten access to loans
ECB has already wound down a massive money-printing scheme, opened the door to its first interest rate hike
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Rupee likely to be ‘weakened amid rising trade balance'
Weaker rupee may be among factors that pressure central bank to raise borrowing costs, says Deutsche Bank's official
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Market watch: KSE-100 recoups losses, closes above 43,500
Benchmark index adds 318.76 points to settle at 43,522.55
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Foreign exchange: SBP reserves drop $869m to $14.96b
Decrease comes on back of external debt, other payments
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GEPCO seeks non-technical CEO
Requires MBA to lead power distribution firm, sparking concern among engineers
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Oil jumps 5% as pipeline disruption adds to supply fears
Supplies from Caspian pipeline may completely stop for up to two months
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ML-I upgradation is of great significance to Pakistan
Both sides working to promote early implementation of major projects under CPEC
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Expert laments low cocoon production
Sindh Agriculture University had started research on sericulture and silkworms of Japanese and Chinese breed
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Asian banks ‘falling short’ on decarbonisation
Study reveals none out of 32 banks makes clear commitments to meet climate goals
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Fertiliser shortage imperils world food supply
Sanctions on Russia have disrupted shipments of key inputs around globe
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Inflation likely to slip further
Lower inflation may encourage central bank to leave policy rate unchanged
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Businesses embrace cloud technology to boost profit
Tech firm official says pandemic acted as catalyst for digital transformation in Pakistan
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Gwadar Free Zone phase-II set in motion
Export-oriented economic activity at Gwadar Port will generate $10b per annum
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Govt foresees 5% GDP growth in FY22
Finance Division attributes inflation headwinds to high global energy, food prices
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Bonuses at highest since 2006
The average bonus on Wall Street jumped 20% last year
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Oil jumps in volatile trade amid CPC pipeline disruption
Market remains on edge over prospect of further sanctions on Russia
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Citizen’s Portal leaves much to be desired
Last month, PM took notice of unaddressed complaints, called to clear backlog
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Traders demand focus on Halal food export
Call for timely, comprehensive and practical steps to exploit the segment
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Thai Airways resumes flights
After successful flight operation from Lahore, the air carrier has resumed its operations from Karachi and Islamabad
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Russia default would have ‘limited’ global impact: IMF
Sanctions have severed Russia’s ties to global financial system
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Oil scarcity lifts import premiums
High premiums will force govt to increase petroleum product prices
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Pak Suzuki returns to profit, earns Rs2.7b
Had posted loss of Rs1.4 billion a year earlier
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Car assembler jacks up prices
Rise comes due to rising freight, global commodity prices, rupee-dollar parity
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Textile sector welcomes industrial package
Voices hope it will enhance forex reserves, revive sick industrial units
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Pakistan bags $300m ADB loan
Funding to strengthen budget financing, build foreign currency reserves
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Experts stress food crop diversification
Suggest learning from Netherlands’ experience to boost exports
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Rupee hits new low vs dollar
The rupee had been on the downtrend since hitting 22-month high of Rs152.27 in May 2021
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Oil dips on embargo uncertainty
A strong dollar makes crude more expensive
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Stocks close flat on profit-taking
Benchmark KSE-100 index drops 26.43 points to settle at 43,203.79
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Oil rises towards $116 as EU weighs Russian ban
Some countries say bloc is highly dependent on Moscow’s fossil fuels to withstand suspension of trade
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ADB approves $300m loan to develop Pakistan’s capital markets
Programme aims to promote private investment, help mobilise domestic resources to finance sustainable growth
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IDB gives $180m for Mohmand Dam
There is still gap of $520m as govt needs foreign funding of $700m
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Rupee’s dip continues in inter-bank
Currency weakens for sixth consecutive day to hit record low at 181.25 vs dollar
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Crude oil jumps more than 6%
Ukraine defied Moscow’s demand that its forces lay down arms before dawn on Monday