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Amreli Steels’ profit falls 67% to Rs107.7 million
Decline comes on back of decrease in profit margins, rise in finance cost
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Bank account facility for refugees to aid economy
SBP issues notification allowing registered Afghan refugees to open bank accounts
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Singapore delegation visits Pakistan to look for investment avenues
Ambassador Shamsher Zaman says objective of the visit is to identify where Singapore companies can invest
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Revenue shortfall widens to Rs228b in Jul-Feb FY19
Target missed despite FBR’s drastic measures to enhance tax collection
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Pakistan asks Iran to lift curbs on transit permits
Seeks transportation of goods to Central Asia and Middle East via Iran
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Govt raises price of petroleum products
The government approved a partial increase in prices of petroleum products from March 1
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Foreign exchange: SBP reserves drop $6m to stand at $8.04b
Report cites no reason for the decline in reserves
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PTEA chief stresses need for targeting non-traditional markets
Share of Pakistan's exports in global market is just 0.13% due to reliance on traditional markets
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More steps in budget for ease of doing business
Singapore delegation expresses interest in infrastructure, IT, health care sectors
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Market watch: Five-day losing streak ends, index advances 362 points
Benchmark KSE-100 index increases 0.94% to settle at 39,054.61
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US trade chief sees long-term China challenges, continued tariff threat
Lighthizer defends Trump administration's use of tariffs
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Oil dips as trade talks drag, China's economy slows
Expectations of swift resolution to US-China trade dispute dashed
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China’s central bank to take steps for multi-level capital market
Aims to diversify financing services in banking sector
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First private sector transmission line achieves financial close
The $1.66 billion transmission line is being developed under CPEC
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Cherat kick-starts new cement line
Profit declines 20% to Rs596m for second quarter ended Dec 31, 2018
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Ceramic manufacturers increase presence in domestic markets
Govt imposes anti-dumping, regulatory duties to facilitate industry
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Spain keen to support Pakistan through technology transfer
Ambassador says he will visit Faisalabad to evaluate brewing opportunities
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Cabinet body approves Power Division’s proposals
All future renewable energy investments to be treated in line with RE Policy 2019
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Rupee drops to record low of 139.25 against US dollar
Gold price rise to historic high of Rs70,000, amid growing Pak-India tensions
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Govt decides to get PIA’s NY hotel renovated
Roosevelt Hotel to be converted into a ‘mixed use’ building at a cost of US$27 million
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After Pakistan airspace closure, Air Canada temporarily suspends flights to India
Development comes after tension between New Delhi and Islamabad escalates
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OGRA recommends hiking petrol price by Rs4.71
Government to take final decision on recommendation on Thursday
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India-Pakistan tensions spread from Asia to European markets
Indian and Pakistani bonds and currencies fell
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Market watch: From 1,491 points to just 129 points down, KSE-100 recovers remarkably
Benchmark index decreases 0.33% to settle at 38,692.69
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DG Khan Cement’s profit skyrockets 81.5% to Rs1.3b
Rise comes on back of robust revenues due to new production line
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PTA working on licence renewal framework
Renewal of licence and associated spectrum at the end of a licence period will be as per policy of the government
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Saudi investors invite Pakistan’s furniture manufacturers
PFC would negotiate with Saudi investors to win maximum space and facilitation for Pakistan’s handmade furniture
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ECC approves power purchase agreement
Electricity will be produced by the fourth 1,263MW LNG-based plant
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New aviation policy likely to be approved in March
Draft of ‘fair sky policy’ prepared; it will be presented in cabinet
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Nishat Mills’ profit remains almost flat at Rs2.65b
Earnings inch up only 2.4% in second quarter due to delay in tax rebates, higher finance cost
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Proposals for higher tax receipts from cigarette manufacturers awaited
Senator says special body will finalise recommendations in a day or two
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Inquiry panel puts blame of gas overbilling on utilities
Report shows 30% users overcharged; PM directs authorities to reimburse consumers
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ADB to give $75m for upgrading K-P road
Loan will be utilised to widen, upgrade 42km section of Mardan-Swabi road
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PM Imran briefed on efforts to boost remittances
Meeting approves establishment of National Challenges Bank
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US-based Cargill to invest in port infrastructure
Will pour $200m into Pakistan through joint ventures over next three to five years
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Could've shot down Indian aircraft but chose to exercise restraint: AGP
Anwar Maqsood Khan says Aasia Bibi's documentation is in process of completion after which she is free to travel
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Saudi investors invite Pakistan's furniture manufacturers
PFC chief describes it as a good opportunity where it could negotiate with Saudi investors to win maximum space
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Market watch: KSE-100 loses 785 points as Pak-India tensions rise
Benchmark index decreases 1.98% to settle at 38,821.67
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Oil edges up to $65 as OPEC seen rebuffing Trump pressure
Expectations US crude stocks have risen for sixth straight week limit the rally
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Byco Petroleum reports loss of Rs217 million
Growth of 60% in net sales fails to translate into profit
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Asia, Europe expected to absorb additional LNG supply
Global LNG supply poised to rise 35 million tonnes this year
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Urea sales fall 21% as sowing slows down
In January 2019, total urea sales stood at 564,000 tons
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Indonesia grants market access to Pakistan’s 20 new products
Notification issued for including additional tariff lines in PTA
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CPEC group established in UK parliament
House of Commons member says move is aimed at highlighting investment avenues
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No cheap cars for Pakistan market: Hyundai executive
Says low-quality gasoline preventing company from introducing hi-tech cars
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Indus Motor’s profit falls 10% to Rs3.4 billion
Company suffers a huge hit on gross margins
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ECC likely to approve gas supply for fourth LNG power plant
Project with 1,263MW capacity is being set up in Jhang district
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Govt borrows Rs2.57tr from SBP in January
Makes 53% higher borrowing to meet budgetary shortfall
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Market watch: KSE-100 dips 409 points as political tensions grow
Benchmark index decreases 1.02% to settle at 39,606.79
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Trump delays tariff hike on Chinese goods as trade talks progress
Move is clear sign China, US are closing in on a deal to end trade war