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Neelum-Jhelum’s second unit starts power generation
The project will gradually achieve maximum generation capacity of 242.25MW
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New auto players unperturbed by tax return condition
There are expectations tax return filers will increase after govt’s restriction
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PM rejects candidates picked for posts of economic ministers
Finds finance ministry has deviated from criteria, calls for starting the process afresh
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SBP to re-launch SMS service for fresh currency notes
People will get three packets of Rs10, one packet each of Rs50 and Rs100 notes
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Market watch: Stocks cave in to foreign selling pressure, end down
Benchmark index decreases 76.26 points to close at 42,546.48
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Petrol price likely to go up by Rs8.37 per litre
OGRA recommends massive increase in prices of all petroleum products
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Singapore Airlines to launch world's longest commercial flight in October
The Airline said that it also plans to introduce non-stop flights from Singapore to Los Angeles
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Pakistan holds exhibition in Chile
The exhibition has attracted thousands of buyers
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Rejoinder: Fatima Energy denies filing new tariff application
NEPRA issued tariff determination on January 18,2018
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PM talks of turnaround in power fortunes
PM chides NAB for harassing bureaucracy
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Currency: Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 9% of its value
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Corporate corner: HabibMetro, Ria Money sign deal
Partnership to offer remittance payout services
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Agreement: Pakistan, World Bank sign $400m deals
The Punjab Cities Programme aims at strengthening performance of urban local governments
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Long overdue: Fertiliser industry expects release of subsidy soon
Believes subsidy payments will help avert urea price hike
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EDB closure feared to discourage use of Pakistani auto parts
PAAPAM says EDB had played a vital role in encouraging domestic parts industry
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Circular debt at Rs573 billion, influential people major defaulters
These defaulters have to pay Rs348b, but they continue to get electricity
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NAB to probe Rs33b benefit taken by cigarette companies
Their sales went up after duty cut, but government revenues fell
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With aim of eliminating hunger, govt unveils first food security policy
Targets 4% annual growth in food production, aims to make agriculture climate resilient
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Petroleum products: Industry fiercely opposes oil price hike
Asks government to instead cut taxes, non-development expenses
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Cabinet waives taxes of millions on foreign lenders
Also approves $3.3 billion in foreign commercial loans taken in the past one year
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Market watch Foreigners turn buyers as KSE-100 rises 484 points
Benchmark index gains 1.15% to finish trading at 42,622.74
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Pakistan should strengthen economy
The cermony was held at Zafar Ali Shah's residence
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With peace, tourism to play vital role
'Northern areas were attracting a large number of tourists every year', Khan said
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Rupee weakens against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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US oil exports bite into Russia, OPEC market share
China, India and South Korea are biggest buyers of US crude oil in Asia
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Textile industry awaits release of funds under PM’s package
The industry faces a cash flow problem as it has already extended incentives to overseas buyers
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Conference lays stress on digitalising agriculture
The conference highlights challenges being faced by agribusinesses in the country
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China rejects US charge of forced technology transfer at WTO
Trump has announced $50b tariff penalty against Chinese goods
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ExxonMobil acquires 25% stake in offshore drilling in Pakistan
It is expected to give a boost to hydrocarbon exploration with new technology
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PM understates debt to show ‘successes’
Figures presented by Abbasi are lower by 4% of GDP or $12.5b when compared with stats available on SBP website
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Fertiliser sales stay robust as farmers plant crops
Total off-take shows growth of 27% year-on-year to 558,000 tons
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Government changes names for post of adviser to IMF executive director
Finance ministry has sent summary to PM for approval before end of term
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Market watch: KSE-100 crawls up as political clarity emerges
Benchmark index gains 64.49 points to finish at 42,138.58
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Oil falls as OPEC, Russia look to raise output amid US surge
Saudi Arabia and Russia said on Friday that they were discussing raising oil production by some 1 million bpd.
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Sindh can float Sukuk to bridge budget gap
It can pledge province’s roads as security to attract investors
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Sales get a boost, but productivity remains low
Many labourers go back to their homes in rural areas to spend time with family
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Centre less inclined to spend on development projects in provinces
Provinces need to be smart enough to generate their own funds for development schemes and stop wastage
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Solar-wind hybrid plants will save Pakistan cost, better utilise capacity
AEDB, in consultation with NEPRA, needs to frame policy to promote this new concept
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Every new govt goes to IMF to manage external account
Data shows current account, trade deficits soar in last year of outgoing govts
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Oil falls as Saudis signal supply boost
Saudi oil minister said that a gradual oil output increase could happen in the second half of the year
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Pakistan, Russia: Businessmen eager to enhance ties
Pakistan and Russia have been trying to open a new chapter in their bilateral relations
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New US tariffs a headache for foreign automakers
Most brands have at least one auto plant on US soil where they employ thousands of workers
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Country needs to modernise manufacturing sector: IPR
Risks being left behind permanently if it does not focus on science and technology
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Business forum opposes interest rate hike
Cautions it will increase cost of doing business, hurt economic growth
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World Bank approves $728m for four environment projects
Ventures to increase resilience against climate change, improve water controls
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Hubco joins hands with UAE firm to diversify into new areas
Will undertake garbage recycling, water desalination projects
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Stocks stage recovery as KSE-100 gains 451 points
Benchmark index increases as investors resume buying at attractive valuations
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Pakistan’s cost of trading across border highest in region
Research report highlights domestic industry pays high power tariff compared to neighbours
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China to roll over $500m loan to shore up Pakistan’s reserves
Islamabad cannot use the money, its only purpose is to support forex reserves
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Political stability stressed for progress
'Pakistan has all the resources to become an economic giant and only needs to set direction', SAARC Chamber VP

















































