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Senate panel for stopping money laundering
. A senior official of the FBR briefed the committee about the efforts being made to stop these economic crimes
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Rupee weakens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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Analysts expect handsome rally at PSX after relief measures
Govt abolishes 0.02% advance tax, allows investors adjustment of losses up to 3 years
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With lifting of curbs, auto industry sees rise in demand
Now, non-filers of tax returns can buy new vehicles of up to 1,300cc
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Second mini-budget: Tax cuts, incentives to boost growth
Finance minister Asad Umar says balance of payment crisis and budget deficit are big challenges
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NEPRA approves tariff hike of Rs0.57 per unit
Increase will put additional burden of nearly Rs4.2b on consumers
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Balochistan makes a pitch for foreign investment
Civil-military leaders say Gwadar is jewel of crown for region
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Revenues may drop Rs6.8b as government amends finance bill
Several taxes reduced and abolished, but federal excise duty increased
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'Circular debt soars to Rs807b'
Power minister Omar Ayub says govt develop more wind and solar power projects through competitive bidding
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Second cargo train under public-private partnership to start soon
In Dec, railways inaugurated first freight train in association with private sector
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Germany interested to invest in SMEs in Pakistan
Calls it a vast domain where trade and bilateral ties can be expanded
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Oil prices up 1% on fall in US stocks
Prices have also been supported by OPEC-led production cuts
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Market watch: Bourse rises 156 points, crosses 40k mark on mini-budget hopes
Benchmark index gains 0.39% to settle at 40,057.85
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Full text of PTI govt’s second mini-budget
Finance Minister Asad Umar unveils supplementary budget 2019 in lower house of Parliament
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Non-filers allowed to purchase cars up to 1300cc, houses worth up to Rs5m: Asad Umar
Super tax on non-banking companies abolished, finance minister unveils in second mini-budget
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Corporate result: Attock Petroleum's profit drops 62% to Rs555.65m
Plunge comes due to exorbitant cost of sales
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DPP agrees to form committee
Naz discussed the issues pertaining to extensive tests and delay in the issuance of import permits and certification
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Railways to set up complaint portal
The department has initiated a campaign against ticket dodgers, which significantly curbed their numbers
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Rupee flat against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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New cash transfer system for overseas Pakistanis soon
Murad Saeed observes electronic money order, same day delivery and other services have been launched
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Punjab has no dearth of funds: minister
Says province lacks planning; technology will streamline
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POL’s quarterly profit doubles to Rs4.33 billion
Rise comes on back of significant growth in net sales, other income
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FCCI seeks abolition of duty on cotton yarn
Claims domestic manufacturers can only meet half of demand
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Punjab governor says govt in better position to attract FDI
Woodworkers will be imparted training to help them tap export markets
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Senate panel calls for taking measures to promote industry
Auto industry official says $1.5b investment expected in vehicle manufacturing
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With challenges, Carfirst strives to expand operations
CEO says they are diversifying portfolio and adding products
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Pakistan raises wheat contribution to SAARC Food Bank
Has surplus production of food commodities which may be supplied to the region
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Sindh achieves FY19 revenue target in just 7 months
Now raises ceiling to Rs120 billion, identifies new sectors to enhance collection
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Market watch: Stocks continue to advance, gain 358 points
Benchmark index rises 0.91% to settle at 39,902.21
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UAE formalises $3b deposit into SBP to support Pakistan’s economic growth
Loan reflects Abu Dhabi's keenness to bolster Pakistan’s economy, help its government achieve financial stability
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Eurozone banks expect slower borrowing in first quarter
Survey finds banks' stocks of non-performing loans can contribute to squeeze on new lending activity in coming months
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IMF, CEOs sound warnings as leaders gather in Davos
A survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over Davos
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Attock Refinery reports loss of Rs2.67b in Oct-Dec 2018
Loss incurred due to rise in finance cost, fall in non-refinery income
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'Non-filers of returns are not tax evaders'
Says non-filers most of time pay more tax than filers
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Exploration And Production: Govt to offer 10 new blocks
It is feared that existing deposits would further deplete by 60% by the end of 2027
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Kashmiri diaspora hailed for highlighting issue
AJK president says they are raising awareness about rights violations in the valley
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Gas and Oil inaugurates 400th outlet
GO Chief Operating Officer Zeeshan Tayyeb welcomed the guests and reiterated the GO’s vision and future plans
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Rupee weakens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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IMC CEO believes auto sector can bring economic turnaround
Insists it is in the interest of carmakers to have maximum local parts
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Weavers seek uniform gas tariff
Caution discrimination between old, new units will hamper exports
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Powerful industries seek 50% cut in GIDC payment
Owe billions to govt as they have already received tax from consumers
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PSX likely to go up by over 1500 points after tax relief
Govt expected to amend CGT law to make it workable for market
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Pakistan to sell turnaround story to lure investors
Balochistan CM will speak about economic opportunities and dividends of peace
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Govt to install 0.1m digital meters by Feb-end
Will extend smart metering project to cover the entire country
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5G park launched in east China
It is the first park completely covered by 5G, provides conditions for technology research
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Market watch: KSE-100 gains 237 points, led by auto, oil, bank
Benchmark index rises 0.6% to settle at 39,543.77
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Data dependent? Five questions for the ECB
Bank's chief is likely to be pressed on how central bank will address further economic weakness
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Bureaucracy – a hurdle to public-private partnerships
PPP model can be very effective as it provides private capital and expertise
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Govt may do away with inefficient plants
Should also plug leakages, reduce T&D losses to heal the ailing sector
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Gwadar master plan delay upsets Chinese
Say any extra cost thus arising to be borne by the government