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Oil drops on oversupply warnings
running against analyst expectations for a build of 1.4 million barrels
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FTA with Indonesia to enhance trade
Trade between Islamabad, Jakarta has doubled since PTA came into effect
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Pakistan’s handmade products attract China
Commodity centre aims to lay foundation for wider sale channels
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Local tech firm gets foreign investment
International foundation invests part of its $2.5 billion Strategic Investment Fund
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Pakistan needs to create export culture: Dawood
Emphasises all departments should facilitate exporters to boost exports
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Honda Atlas profit jumps 43% to Rs939 million
Surge in other income drives increase in earnings
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FDI falls 12% in July-October 2021
Amounts to $662.1m due to rupee-dollar volatility, economic uncertainty
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FBR helpless against four million tax dodgers
Chairman says FBR lacks capacity, legal issues also a stumbling block
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Market watch: Monetary policy uncertainty drags stocks down
Benchmark KSE-100 index falls 348.49 points to settle at 46,194.42
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Oil drops on oversupply warnings, rising Covid cases
Larger than expected fall in US gasoline stocks capped some losses
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Tax hike, SBP bill IMF’s preconditions
Tarin says these steps will lead to approval of $1b tranche, but time frame unclear
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Industry seeks help to avoid default
CAP Chairman appealed to govt to take necessary steps
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Rupee strengthens against dollar
On Nov 12 Pakistani currency closed at all-time low of Rs175.73
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‘Infrastructure a prerequisite for growth’
Planning minister terms efficient roads, digital networks critical for economic expansion
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MPC to meet early to address uncertainty
SBP says monetary policy meeting brought forward in light of unforeseen developments
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SBP hints at new wave of inflation
Deputy governor says more measures may be taken to slow down economy
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Punjab plans modern training system
Provincial trade minister says skilled workforce needed for development
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Entrepreneurs attempt to ease climate hazards
Rely on AI and computer algorithms to increase accuracy of weather prediction to 95%
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Market watch: Bulls return as economic dust settles
Benchmark KSE-100 index surges 806.65 points to settle at 46,542.91
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Oil rises on tight inventories, demand worries limit gains
IEA expects oil market rally to ease off as high prices can provide strong incentive to boost production
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Kyrgyzstan keen to organise business forum
Envoy says Bishkek offers massive opportunities to Islamabad
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Pakistan seeks greater investment from China
Asad Umar asks investors to explore opportunities in industrial, tech and agri-sectors
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Australia to provide agri-training
Trade official says technology transfer can accelerate Pakistan’s agro-economy
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SBP digitises regulatory approval process
Launches module pertaining to banking policy, regulations
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HEC privatisation in final stages
Privatisation Commission mulling options for determination of reserve price for bidding
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Steel makers demand action against under-invoicing
Stakeholders say issue has stymied industrialisation process in country
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Govt considers paying high dividend
Move aimed at reducing circular debt, reviving underperforming stock market
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PM Imran rejects proposal to jack up petroleum prices
To boost revenue, the finance ministry had sought increase in taxes on fuel
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Oil prices slide on expectations of higher supply, weaker demand
Covid-19 is raging once again in Europe, prompting some governments to re-impose lockdowns
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Failure to put economy back on track
Successive governments have made sure that every opportunity is wasted at all costs
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Dealing with depreciation
To prevent rupee fall, high foreign capital inflows and productive capacity needed
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Good things happen, but introspection a must
Unless structural flaws in external sector are removed, export earnings cannot surge
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Export policy takeaways from World Bank report
Politicians need to agree on charter of exports for prosperous economic future
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Why PTI needs to steady rupee?
Perpetual decline seriously hurting purchasing power of masses, party’s vote bank
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Robust remittances reported in October
Inflows stay high due to Govt, SBP measures to encourage use of formal channels
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Paytm IPO mints new millionaires
About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees
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Toyota to explore green fuels
The hydrogen race car is being driven by Toyota Chief Executive Officer Akio Toyoda along with other Toyota drivers
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NTDC inks €10.8m contract for hardware
Will procure insulators for Thar block-I to Matiari transmission line
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Steady need for new planes: Airbus
The forecast is not far off the 39,210 planes Airbus estimated in its 20-year market forecast
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SMEDA to help SMEs adopt successful business model
Move will give big boost to industrial production, enhance innovation
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Oil refiners post robust results
It came despite numerous complications arising from Covid-19 outbreak
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France main FDI contributor, says French diplomat
Reveals French firm has invested $1b for energy production in Balochistan
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SBP raises Cash Reserve Requirement
Moves to normalise policy settings as economy recovers from Covid shock
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Growers discard kinnow purchase price
Demand reasonable rate of citrus fruit in light of rising inflation
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Vietnam eager to import good quality products
Envoy asks Pakistani entrepreneurs to take bigger slice of Vietnam market
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Gas firms win praise for lower loss
Low production by gas fields lent support to thin transmission, distribution losses
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Delay in IMF loan approval dents PSX
Bourse falls 1,574 points as investors remain on sidelines
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Alvi seeks insurance products for agri-sector
Emphasises agricultural crops should be covered under insurance plans
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Traders seek govt nod for khashkhash export
Point out quality control authority has approved the seed as food item
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Sri Lanka to tax car crashes
It is proposed to impose a fee on vehicles meeting with accidents