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The IMF’s self-serving agenda
IMF is subject to political pressures, and potentially gives self-serving recommendations
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Qatar Airways launches services in two more Pakistani cities
Airline further announces in a few weeks Multan will also join its Pakistan network
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Monetary policy: Hungary cuts interest rate to record low
Annual inflation in the non-eurozone EU member state was just 0.6% in June
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Stocks : UBS expectation pulls down Tesla
Rated three stars out of five for his stock recommendations on Tesla, according to Thomson Reuters StarMine
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Better-than-expected: Verizon profit beats estimates
TV and phone service rose 10% to $3.4 billion, while tablet sign-ups totaled 852,000 in the quarter
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Prices drop amid concerns of ‘Iran’s return’
We continue to view the current physical surplus as sufficient to drive price lower
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E-commerce growth: Proving to be a steady breadwinner
Despite being in infancy, the overall size of the segment has come close to $100 million
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Asian establishments: BRICS bank launches in Shanghai, to work with AIIB
Second financial institution backed by China as an alternative to WB
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Digital money: Paypal jumps 5.42% in first trades after spinoff
Has potential to disrupt market for personal and online payments.
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Growers and exporters: REAP demands establishment of ‘rice board’
Forum necessary to settle issues and fix prices in the market.
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Driving away foreign investment with deadly attacks
Studies suggest slight uptick in risk of terrorism can lead to reduction in FDI
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Coal-based energy: Delay in financing slows down Jamshoro power project
Funds were not earmarked for Pakistan Railways for coal supply to the plant
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Pakistan Railways prepares for tougher challenges ahead
Hopes to earn better revenues, focuses mainly on freight operations
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Eighth review of Extended Fund Facility: Pakistan, IMF to meet next week
Will discuss possibility of bi-annual reviews instead of one every three months
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Toshiba president, top executives quit over $1.2 bn scandal
Company says Chairman Masashi Muromachi will take over as president in the interim
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New $100 bn BRICS bank opens in China to challenge US-led lenders
The "New Development Bank" has been viewed as a challenge to Washington-based institutions
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Cellphones - a gateway to economic progress
UIG chief links society’s growth with mobile phone usage.
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On the clock: Apple Watch could need time: analysts
Three months since launch, sales continue to plummet.
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Exploiting Thar reserves: Establishment of coal ministry suggested
Despite having large coal deposits, they remain unexploited to date
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Cleaning up: Default by broker leaves many problems for regulators
Victims ask authorities to provide some relief regarding CGT collection
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Petroleum ministry seeks subsidy injection into gas utilities
Delay in gas price revision has pushed accumulated losses of companies to Rs62b
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Farmers ask govt to devise formula for fertiliser subsidy
Fear Rs20b subsidy may remain unspent as happened last year
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Pakistan struggling to avoid ban on mango exports
Three consignments already intercepted in Europe in the ongoing season
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Federally funded: Despite resource constraints, govt adds 366 new projects
All projects will be delayed and costs will escalate
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Irregularities: Toshiba bosses blamed for scandal
The accounting irregularities are believed to have affected its mainstay infrastructure
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Bullion: China’s gold stash rises almost 60%
US Federal Reserve to hike interest rates by the end of the year
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Food prices: Angry French farmers block town
Retailers and food industry heads promised to raise prices of meat and dairy after a meeting with farmers last month
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Stagnant exports
Now that govt has averted a balance of payments crisis , it can get down to increasing the export base
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Needed: A miracle on the Indus
We mustn't be afraid of private companies getting bigger; rather, govt must support them in meeting their targets
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Pakistan begins work on 700-km pipeline to import LNG from China
Chinese funds will benefit Pakistan and allow it to complete its Iran-Pakistan Gas Pipeline project
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A pro-growth strategy without fiscal stimulus
For Pakistan to be competitive in world economy, its private sector needs to be able to compete on its own strength
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Paving way: Commerce minister to visit Belarus next month
Minister will negotiate tariff reduction on Pakistani export items
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Fiscal year 2014-15: Rice exports fall to $1.84b as world market tumbles
A year earlier, rice shipments were valued at $1.89 billion
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LNG terminal welcomes first vessel
Container with 130,000 cubic metres comes after spot contract was awarded to Trafigura
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Govt to outsource security of energy installations, oil logistics
May also hand over operation of power generation companies
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Age of tech: Appetite for online food orders continues to grow
Number of daily transactions in Ramazan more than doubled this year compared to 2014
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Weekly review: KSE-100 surges to all-time high of 35,888 points
All sectors except oil witnessed stellar gains during the week
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Almost the same: ADB keeps Pakistan’s growth forecast at 4.5%
Manila-based lending agency does not see any change in macroeconomic conditions
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EU countries approve 7 bn euro short-term loan to Greece
The bridge loan will allow Greece to meet a huge payment to the European Central Bank on Monday
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China-funded LNG project to turn into Iran-Pakistan gas pipeline: petroleum minister
China is likely to fund 85 per cent of the $2 billion required to build a liquid natural gas terminal at Gwadar
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Foreign mission positions filled after PM’s approval
Positions include trade officers/attaches in Geneva, Brussels and Washington DC.
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Third quarter 2014-15: Visible improvement in economic environment, says SBP
Foreign exchange reserves doubled; reduction in inflation broad-based, says central bank.
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Meeting emission standards: Refineries refrain from releasing funds for plant upgrade
They were required to transfer profit above 50% of paid-up capital to escrow account
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Textile sector: Identifying causes for low exports
Govt on one side is pushing to increase export, yet on the other, it is continuously harassing existing taxpayers.
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Alarming: Pakistan’s exports plunge to 4-year low
Net FDI inflows, though maintained last year’s level, couldn't match outflow under repatriation of...
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Weekly basis Foreign reserves fall 0.5%
Total liquid foreign reserves held by the country stood at $ 18,589.9 million
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Breaking rules: KSE suspends Aziz Fida Husein and Company
Order will make accounts inaccessible for 14 days, followed by suspension of certificate.
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‘Humanitarian grounds’: PSM granted Rs480 million for disbursement of salaries
Amount will cover salaries for April; May and June payments to be made later on.
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Improving Power Supply: Govt aims to increase electricity
The capacity of transformer repairing workshops has also been enhanced for ensuring the uninterrupted distribution
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Punjab Board Of Revenue : Target of Rs39.79b surpassed
First time in the history of the province the mark of Rs1 billion had been crossed in the case of agriculture itax