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OPEC exit frees Qatar from US legal concerns
Proposed US legislation can expose OPEC members to antitrust lawsuits
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Pakistan, Uzbekistan can boost volume by direct trade via Afghan border
Both the countries should do away with negative market forces: minister
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PM Imran suspends SNGPL, SSGCL board of directors
Premier orders inquiry against heads of state-owned gas companies
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Govt committed to ending corrupt practices: Asad Umar
Exchange rate is an economic variable, cannot be adjusted on an individual's will, says finance minister
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Younus Dagha visits State Life Lahore
'Staff should pay special attention to the best services and their professional responsibility to the policy holder'
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Commerce secretary visits TDAP office
The textile industry enjoys almost 60% share in Pakistan’s total exports
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‘LNG terminal running at high capacity’
Operating at 105% of the capacity at its LNG import and regasification terminal
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Rupee strengthens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 12 months
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Tight monetary, fiscal policies add to public debt: EAC member
Dr Ashfaque Hasan distances himself from govt’s fiscal and monetary adjustments
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Brokerage house sees massive turnaround at stock market
Arif Habib believes PSX will touch 47,000-point level by Dec 2019
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Govt refuses to allocate gas for Mari Petroleum’s power plant
Legal battle may follow as ECC will provide this gas to fertiliser producers
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USAID, WAPDA sign $78m deal for Mangla refurbishment
Grant will be spent on undertaking various works of Package V, VI, VIII and IX
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SBP asks Islamic banks to help execute housing plan
SBP Governor says it will help address challenge of finding Shariah-compliant products
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Inefficiencies in power sector cost Pakistan $18b
World Bank urges policymakers to avoid increasing electricity tariff as solution to sector’s fiscal problems
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PM orders probe against SNGPL, SSGCL heads
Asks fact-finding committee to submit report within 72 hours
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Govt plans to shield vulnerable segments from inflation
Acknowledges economy is facing deep-rooted structural problems
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Devalued rupee, hiked power, gas tariff even before IMF’s conditions: Asad Umar
Speaking in BBC’s Hard Talk, minister says monetary, fiscal policies moving in direction of reforms required by IMF
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ADB says Pakistan’s external conditions have worsened in past few months
In its outlook update, bank expects Asia to meet growth forecasts for this year and next
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Market watch: Stocks continue to bleed as index drops 545 points
Benchmark index decreases 1.4% to settle at 38,307.44 points
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Oil producers to review cuts impact in April: UAE
OPEC and some non-OPEC producers decide to cut output by 1.2m bpd for six months from January
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Punjab encouraging drip irrigation
The project is being implemented with the help of the World Bank
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Government plans to reform fisheries
Government aims to reform the fisheries department so the interested entrepreneurs and investors can promote farming
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Rupee weakens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 12 months
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Italy’s ENI keen to expand business
Prime minister assures investors
of facilitation -
Contract signed for Rs759m broadband coverage project
Under the project, 58 base transceiver stations will be installed in 18 months
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Govt to introduce more exploration blocks
Minister says country needs sustained growth in local petroleum production
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IPPs violate merit order for fuel consumption
Use expensive fuel for power production, putting extra burden on consumers
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FM lauds Renault’s decision to manufacture cars in Pakistan
Foreign minister expresses satisfaction at the two-way flow of investment
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More oil, gas terminals being built at Port Qasim
PQA also establishing second ship navigation channel
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Car sales fall on back of price hikes, curbs on non-filers
Sales of 800 to 1,000cc cars decline 25% year-on-year and 37% month-on-month
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Trade deficit slightly contracts to $14.5b in five months
Imports remain almost flat; export growth loses steam
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Govt sends notices to big landlords for tax evasion
75% landlords gave false statements in annual returns as they did not pay tax
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Foreign minister lauds Renault’s decision to manufacture cars in Pakistan
Pakistan is looking forward to a visit of President Macron at an early date, says Qureshi
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Makran Coastal Highway: Contract signed for Rs759m broadband coverage project
Under the project, 58 base transceiver stations will be installed in 18 months
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Market watch: Stock market loses 448 points amid profit-taking
Benchmark index decreases 1.14% to settle at 38,851.96 points
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India's rupee slides as central bank chief quits
Patel resigned following months of tensions with government over interference in policy
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Rupee stays almost unchanged
Cumulatively, the rupee has lost 31.8% of its value in the last 12 months
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Telenor becomes Pakistan’s first 4.5G network
This feature leverages the available frequency different bands, thus enhancing the customer experience
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Adviser invites Japanese businesses
Invites Japanese companies to look into the IT Sector, SMEs and agriculture value chains for investment
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14 Pakistani engineers hired at UAE job fair
UAE-based firms see huge IT potential in Pakistan’s youth
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Businessmen demand amnesty to settle old disputes
This will allow them to upgrade their manufacturing units, says LCCI chief
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Pakistan delays $3bn Eurobonds launch for three months
Cabinet likely to issue Pakistani Diaspora bond within a month
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Overseas workers: Remittances slow down by massive $400m in Nov
Pressure will mount on rupee; Pakistan’s payment capacity will weaken
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‘Over $15b being remitted through illegal channel’
PM aide says government plans to strengthen banking channels
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World Bank cancels $250m emergency relief loan
Decision comes as the bank, Pakistan fail to agree on macroeconomic framework
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Indian central bank governor resigns due to govt pressure
Resignation expected to roil financial markets
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Market watch: Bulls take charge as stocks gain 738 points
Benchmark index increases 1.91% to settle at 39,299.63 points
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Besides infrastructure, manufacturing industry needs big investment
It will create job opportunities in country, help industry compete globally
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SEZ initiative may prove to be double whammy for Pakistan’s economy
Domestic producers will become non-competitive, corporate taxes will be lost
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Refineries not great investments country can strive for
Resources should be diverted to better opportunities which may have larger impact on economic activity