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UAE firm expresses interest in investing in Pakistan
Gives update on setting up a coastal refinery in the country
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Auditor terms gas meter reading accurate
Blames high consumption, slab revision for inflated consumer bills
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Envoy asks Pakistani traders to address grievances of US seed firms
Expects visible improvement in Pakistan-US relations in coming days
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Pakistan Oilfields’ profit rises 41% to Rs11.14b
Increase comes on back of higher net sales, income from non-core business
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Carmakers dismayed by changes in auto policy
Previous and new govts have made 14 changes since ADP 2016-21 announcement
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'PIA to turn around in next three years'
Stresses new administration is making efforts to increase efficiency of the airline
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PTI govt reviews FBR proposal for Rs729b additional taxes
Proposals for budget 2019-2020 already shared with Ministry of Finance and ECC
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PTI govt likely to introduce mobile app for GST collection
App will notify consumers about tax receipt through a simple message
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World Bank debunks Sindh's stats on $433m project
Downgrades rating of scheme aimed at preventing stunting to 'moderately unsatisfactory'
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'Rupee weakness behind high inflation'
Dawood says govt is working to get wider access to foreign markets
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Market watch: KSE-100 recovers as economic indicators improve
Benchmark index increases 208.32 points to settle at 36,787.64
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Foreign exchange: SBP reserves fall $220m to stand at $10.3b
Report cites external debt servicing, other official payments as reasons for the decline
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Brexit will happen by end-October: Irish finance minister
British PM May defends Brexit delay; critic asks her to resign
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Vietnam business delegation to visit Pakistan shortly
Ambassador sees bilateral trade potential of $1 billion
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Saudi Arabian oil output cuts deeper than promised: IEA
Warns demand fell in developed OECD countries by 0.3 million bpd
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University of Agriculture Faisalabad sub-campus in Azad Kashmir proposed
Minister says AJK govt will provide funds, land for the purpose
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Masood Textile to issue Rs5b Sukuk to raise funds
Rupee depreciation has given opportunity to expand operations
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Despite no growth in exports, trade deficit shrinks 13%
Exports stand at $17b in nine months of FY19 despite 34% currency devaluation
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Tobacco growers demand abolition of new tax
Argue the levy will hurt small farmers, render thousands jobless
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Auto sales crawl up 2% in March 2019
Slowdown in economy cited as reason for slow growth
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Remittances rise to 3-month high at $1.74b in March
Surge comes ahead of Ramazan and Eid as expenditures likely to spike
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Unpopular decisions needed to avoid IMF funding, says Punjab finance minister
Punjab Finance Minister Hashim Jawan Bakht insists results of reforms undertaken by govt will surface gradually
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FBR to implement major tax collection measures
Survey planned to curb evasion, bring wealthy into tax net
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Pakistan, China to amend railways ML-1 agreement
Decide to reduce length of CPEC’s largest project from 1,872 km to around 1,680 km
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Pakistan’s debt pile to swell to 84.1% of GDP by 2023
It will be far higher than the debt level at the end of PML-N’s tenure
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Market watch: KSE-100 hits 33-month low due to concern over IMF report
Benchmark index drops 551 points to settle at 36,579.32
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Uber plans to sell around $10 billion worth of stock in IPO
Influenced by the poor performance of smaller rival Lyft’s shares
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IMF cuts global growth outlook
The projected growth rate for next year was unchanged at 3.6%
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Neelum-Jhelum project crosses 1,000MW generation mark
The annual energy production from the project is expected to achieve planned 4.6 billion units during the year 2019
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Rupee weakens against dollar
Cumulatively, the rupee has shed 33.4% of its value since December 2017
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French team looks for investment avenues in Pakistan
Expresses keen interest in business cooperation and development
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Li urges closer China-Europe cooperation for mutual benefit
Chinese premier says both sides need to jointly uphold multilateralism, free trade
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ECC likely to approve expert group report on PSM revival
Expert group suggests turning steel mill into a public-private partnership
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CNG dealers oppose increase in gas tariff
Argue any further hike in tariff will leave them bankrupt
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Ministry extends deadline for new import rules
'We are happy that government has made this decision'
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Water projects in Karachi, Gwadar to remain incomplete in FY20
Federal government fails to allocate sufficient funds in next budget
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PM Imran to visit China for signing second phase of FTA
Ambassador Yao says China will provide 95% market access to Pakistani products at zero duty
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IMF puts country’s growth rate at 2.5%
Lender’s reports says Pakistan will remain a net debtor
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PTI govt initiates process for sale of 770 acres of state land
Privatisation Commission board allows hiring of valuers for conducting due diligence
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Amid trade tensions and Brexit worries, IMF cuts global growth outlook
Says some major economies may need to take short-term actions to prop up growth
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Market watch: KSE-100 recovers 208 points owing to improved economic data
Benchmark index gains 0.56% to settle at 37,129.97
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Trump slams EU in aircraft dispute, pushes tariffs on $11b of imports
EU has also started preparing to retaliate over Boeing subsidies
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Oil rises above $71 on Libyan supply threat
Russian comments signaling willingness to pump more dampen the rally
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Pakistan Bureau of Statistics advises Imran's govt against census verification
Cites high cost of nearly Rs8b for verifying only 5% of the results
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Good governance being introduced in energy sector, says petroleum minister
Ghulam Sarwar Khan says country will offer new blocks for oil, gas exploration
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PTI minister asks SAARC to cooperate in energy sector
Omar Ayub says Pakistan is making efforts to completely change energy mix by 2030
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Imran's govt concerned over delay in making halal authority functional
PTI govt to prepare plan to expand Pakistan’s share in $4tr global halal market
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PTI govt to consider strategic partner for PSM revival
Expert group puts the mill’s restructuring cost at $1.04 billion which government alone cannot sustain
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Islamic banking deposits expands market share to 15.5%
State Bank of Pakistan releases report discussing growth of Islamic banking industry
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Pakistan sets $1b target for export of auto parts over 5 years
At present, annual exports stand at only $70 million