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Textile exports pick up pace
Denim segment is yet to escape Covid-19 triggered stress
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PARC begins trials of plants imported from Hungary
Trials of two broad-leaved species will help promote agro-forestry
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IT sector generates $3b revenue per yeard
Commerce adviser discusses issues faced by sector, directs ministry to address them
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Covid-19 turns Honda into loss-making company
Carmaker faced 55-60 non-production days in Apr-Jun quarter
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In FY20: Govt gets over $13b in foreign loans
New loans contracted to pay $10b maturing debt and cushion reserves
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Airbus offers concession to end US tariffs
Trade groups are bracing for an escalation of the row in the autumn
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Global equities retreat as US-China tensions rise
Worries about impact of fresh virus outbreaks on businesses trigger profit-taking
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Power firms deny forced outages
MEPCO, LESCO rule out unannounced load-shedding, overbilling in their areas
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Market watch: Stocks inch up on banking sector support
Benchmark KSE-100 index rises 29.41 points to settle at 37,607.62
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Oil edges up on weak dollar, but US-China tensions weigh
China ordered US to close its consulate in Chengdu after US demand Beijing shut its Houston consulate
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Pakistan to toughen law for FATF goals
Public, private bodies may be empowered to curb money laundering and terror financing
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Corporate corner: Trade show to be held online
Exhibitors will have a real-time experience of a trade show
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Inter-bank market: Rupee strengthens against dollar
IMF has asked Pakistan to end state control of the rupee
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SBP reviews complaints against banks and DFIs
Move will help gain insights into effectiveness of complaint management
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‘Pakistan needs to reduce unbanked population’
Fintech expert says AMA platform can help achieve financial inclusion
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Cabinet’s decision: Fertiliser plants to get cheap gas
Industries ministry writes letter to SNGPL for gas supply at discounted rate
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Govt support to open new horticulture export markets
Expert says Covid-19 has negatively impacted horticulture supply chain
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Pakistan's power generation doubles in June
Significant growth indicates industries have resumed work after lockdown
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Urea sales likely to rise 56% quarter-on-quarter
Farmers engage in heavy buying following clarity about fertiliser subsidy
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Pakistan records trade surplus with Italy
Development comes despite trade disruption due to Covid-19
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Pakistan signs loan deals with World Bank, AIIB
IFIs will provide $750m financing for RISE programme
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NEPRA adjusts tariff to give relief
Consumers, except for K-Electric, will be given Rs4.5b relief in August and September
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Market watch: KSE-100 snaps winning streak on profit-booking
Benchmark index loses 226.4 points to settle at 37,578.21
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Oil eases as high US oil stocks outweigh weak dollar
Analysts predict correction in near term if recovery in fuel demand slows further
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Foreign exchange: SBP reserves rise $67m to $12.12b
Central bank attributes increase to official inflows
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OGRA increases oil tankers freight rate by 9.6%
Regulator takes decision despite lacking quorum due to absence of chairman, a member
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Khyber Chamber of Commerce and Industry members involved in apple scam
Customs uncover million dollar tax scam revolving around the import of apples from Iran
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Chaman border opened till Eidul Azha
Pak-Afghan trade was suspended for four months
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Emirates SkyCargo keeps world linked
In Pakistan, Emirates SkyCargo offers cargo capacity on 39 weekly flights
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TDAP organises training session
Programme to train potential and new exporters in order to make them successful
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Corporate corner: NBP collaborates with Winrock
Winrock International is a recognised leader in the US and international development
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Askari Bank, NAPHDA sign MoU
To facilitate NAPHDA in providing advisory services for low-income housing projects
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Gold scales new peak of Rs115,000 per tola
Surge in line with uptrend in global markets due to rise in virus cases
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Decision on Roosevelt Hotel put off due to backpedalling by stakeholders
PC board gives nod to transaction structures
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SMEs await new policy announcement
Policy can facilitate sector in varying ways such as small loans on soft conditions
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ECC okays subsidy for housing project
Govt will facilitate low to middle-income groups in taking loans at subsidised rates
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SBP extends scope of refinancing scheme
Move will attract local, foreign investment in renewable energy sector
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Inter-bank market: Rupee strengthens against dollar
IMF has asked Pakistan to end state control of the rupee
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PTI govt keen to pursue Look Africa policy
Imran Khan-led govt aims to explore new markets, encourage product diversification
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Pakistan taps global jute markets
Removal of additional customs duty makes jute industry cost-competitive
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Cabinet approves appointment of NIE DG
Sets aside concerns of ministry over validity of process
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Food secretary promises support to importers
Assures wheat importers of positive steps in response to requests for fa-cilitation
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In midst of pandemic: Improved economy to create jobs
Despite the Covid-19 pandemic, the government has announced a relief package for the construction sector
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Regularisation of industries: ‘No notice to be sent to businesses’
Wasa and LCCI given till Aug 15 to meet and draw up proposals so that necessary amendments could be made
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Market watch: Stocks continue uptick ahead of likely rate cut
Benchmark index gains 104.30 points to settle at 37,804.61
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PAC panel annoyed at theft in Discos
Committee asks officials concerned to take steps to prevent such incidents in future
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BHC summons FBR over border closure
Pak-Afghan border closure petition submitted by QCCI
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IMF warns Economic gender gap to widen
In Brazil, 67% of women are unable to work remotely
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Downsizing: LinkedIn to cut 960 jobs
Staff would be able to keep company-issued cellphones, laptops
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‘Duty drawback right of exporters’
Abdul Razak Dawood says duty drawback was neither an incentive nor a subsidy









































