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Mitsubishi’s energy subsidiary looking to invest in Pakistan
The delegation expressed confidence that Tabeer Energy would play an important role in meeting country's energy needs
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Upgrade of refineries unlikely in short run
Installation of hydrocracking units may take months or more than a year
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World Bank to lend $100m for Sindh energy project
Project is aimed at supporting independent power producers to develop 400MW of new solar power capacity
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Govt to open ease of doing business offices
These will remove obstacles, facilitate investors in business operations
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World Bank warns brewing trade storm jeopardises global economy
Says global economy is going through difficult period as risks are rising
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Market watch: Stocks fail to sustain gains as investors book profit
Benchmark index falls 130.81 points to settle at 38,921.69
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US-China trade talks conclude as hopes of deal build
Details of the meeting will be released soon
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Crude oil rises back to $60 per barrel
Price goes up after output cut, easing fears of weak demand growth
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PM Imran sacks SSGC, SNGPL heads over gas crisis
Information minister confirms news of removal after inquiry committee's report into the matter
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Qatar Airways announces global sales promotion
This promotion is available for all Qatar airline flights booked from January 7-16 for travel till May 20, 2019
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FPCCI to hold investment conference
The objective of this conference would be to explore investment avenues in various sectors of the province
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Rupee stable against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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ICCI criticises cut in development budget
Moughal lauded the unique role played by PSDP in the growth of indigenous industry
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Sri Lanka desires to take trade with Pakistan to $1 billion
Envoy airs hope Sialkot exporters will open businesses in island nation
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Petroleum Division plans to revive gas pipeline projects
Will seek ECC’s approval for laying Gwadar and North-South pipelines
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Gwadar’s status as a tax-free zone approved
Senate panel also gives green light to establish 300MW coal power plant in port city
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SECP reports presence of Indians in Pakistani firm
Later, the company withdrew the nomination of two Indian nationals
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No decision about fate of heads of gas utilities
Fact-finding report submitted to petroleum secretary
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8th JCC meeting: 'Missing paperwork' delays CPEC mass transit schemes
Pakistan side failed to complete paperwork on time for mega projects
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Power tariff reduced to boost exports
Govt cuts electricity price by Rs3 per kWh, will pay the difference
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Pakistan adopts blockchain technology to attract remittances
With the technology, financial transactions will be instant, secure and documented
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Govt fails to meet deadline for steel mills’ revival plan
ECC puts off decision on abolishing duty, sales tax on cotton import
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CPEC to create 700,000 more jobs in Pakistan
According to Chinese Embassy documents, 75,000 Pakistanis have been provided job opportunities thus far
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Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Dubai-based equity firm collapsed last year following turmoil triggered by a row with investors
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Microsoft to explore investment opportunities in Pakistan: Bill Gates
Billionaire expresses the desire in a letter penned to Prime Minister Imran Khan
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Govt bans import of furnace oil
Directs local refineries to keep furnace oil output at the minimum
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Market watch: Stocks extend rally amid improved sentiments
Benchmark index rises 490.10 points to settle at 39,052.50
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World Bank chief's exit could give Trump lever over development lending
However, he will likely face many challenges if he wants an American in the post
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US, China hold more trade talks overshadowed by Kim visit
Two sides meet face-to-face for the first time since tariff truce in December
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Rupee strengthens against dollar
Cumulatively, the rupee has lost 31.8% of its value in the last 13 months
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Govt urged to fufil promise of gas supply to industry
APTMA regional chief says low gas pressure is equivalent to no gas at all
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Production of tractors comes to a halt
Parts’ suppliers fear massive lay-offs
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SSGC reports profit of Rs1.47 billion
Reduction in development surcharge, gas losses and operating losses leads to turnaround
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IMF bailout: No adverse condition will be accepted: Suri
'If the IMF bailout is unavoidable, no anti-country condition will be accepted'
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TRIC suggests 20% income tax for SME sector
Proposes simplified tax regime to bring the sector under tax net
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Development spending slashed to Rs225.4 billion
Sanctioned amount is 32% lower than previous year, which can hurt growth
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PTI targets 7% growth by 2023
Proposed five-year plan aims at 5.8% average growth during government’s term
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Govt borrows a whopping Rs2.24tr in just five months
Overall debt increases to Rs26.5tr due to revenue shortfall, rupee depreciation
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Pakistan to focus more on supporting growth: Fitch
Research house believes central bank will not hike interest rate further
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Crown prince’s visit: MoU finalised for Saudi Aramco oil refinery in Gwadar
Signing of the deal is expected next month
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World Bank President Jim Yong Kim announces resignation
Decision comes three years before his current term is due to expire
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RLNG prices go down by over 10%
Rate slashed to $11.038 per unit for SNGPL and $11.3726 for SSGC
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Major Wall Street players plan new exchange to challenge NYSE, Nasdaq
New bourse will increase competition, improve operational transparency, simplify equity trading
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Assets worth $1tr to shift from UK to EU due to Brexit
EY consultancy says 80 firms are considering or have confirmed relocating assets and staff
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China has "good faith" to fix trade issues as talks with US resume
US officials are meeting their counterparts in Beijing this week for first face-to-face talks
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Market watch: Stocks bounce back with 1,015-point surge on UAE assistance
Benchmark index increases 2.7% to settle at 38,562.40
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Power companies can reduce T&D losses despite limitations
They need willingness from management, combination of carrot and stick from regulator
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Real challenge is to bring home hi-tech industrial giants
Investment from Gulf countries and China is a low hanging fruit
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Tax,tariff reforms more rewarding than other steps
Country should levy flat income tax, eliminate advance tax at import stage
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Stagflation likely to hit Pakistan’s economy soon
Govt must improve economic management to avoid high inflation, low growth