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Rupee weakens against dollar, just shy of record low
Fall comes as Pakistan starts talks with IMF, foreign currency reserves drop to critically low levels
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Citi banker likely to be appointed NBP head
Bank of Punjab president resigns a month before the end of his term
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Jul-Oct FY19: Trade gap narrows to $11.8b as imports stay static
Exports rise modestly despite a hefty fall in rupee’s value
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Market watch: KSE-100 flat amid lack of positive triggers
Benchmark index inches up 21.50 points to settle at 41,388.88
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Fed leaves rates unchanged, says US economy strong
Remains on track to gradually tighten borrowing cost; business investment growth slows down
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The knowns and unknowns of US-Iran oil sanction waivers
Fearing a price spike, Washington granted sanctions waivers to 8 nations
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Pakistan delegation arrives in China to discuss trade opportunities
SBP governor, finance secretary part of the delegation
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Family-owned businesses need constitution to survive
Many such businesses lost in history due to absence of corporate governance
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Soneri Bank reassures customers of data security
In light of the recent news with regard to cyber-attacks
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Steel pipes: Canada slaps anti-dumping duty on Pakistan’s product
Provisional duty of 10.1% was imposed on IIL and 58% on other Pakistani exporters
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Samba Bank says card data fully secure
In the wake of recent cyberattacks on banks
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Expansion: Engro Polymer signs $35m financing facility
For expansion of its production plant of PVC
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Acquisition plan: Shaheen Air, Saudi prince clinch deal
Airline will share details soon, says dues clearance top priority
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ICCI calls for enhanced access to China market
Will play a significant role in reducing Pakistan’s trade imbalance with the Asian giant says ICCI president
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Petroleum Division gears up to deal with likely gas crisis in Punjab
Will present plan to ECC for giving direct subsidy to gas utility SNGPL
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Briefing to PM: Finance minister displeased with FBR’s performance
Shortfall of Rs68 billion in tax collection sets alarm bells ringing
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Rupee stable against dollar
The drop of 7.5% in the rupee’s value in early October reflects the demand-supply gap in the foreign exchange market
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IMF concerned over CPEC energy deals implications
Source says $9 billion discrepancy surface in figures quoted by Islamabad, Beijing about CPEC projects
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Foreign exchange: SBP reserves drop $98m, stand at $7.68b
Decrease attributed to payments on account of external debt servicing
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Market watch: KSE-100 endures bearish session as investors await clarity
Benchmark index decreases 176.60 points to settle at 41,367.38
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India's finance minister says Mastercard, Visa losing out to local players
International payment systems are losing market share to locally developed ones
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Moody's sees escalation of US-China trade war, dip in global growth
Credit rating agency expects global growth to slow to under 3% in 2019 and 2020
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Belgian envoy suggests joint ventures with Pakistan
Calls for identifying more areas of cooperation, expanding list of tradable goods
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Bank AL Habib assures safe banking
Bank has deployed advance security monitoring applications for the confidentiality and safety of their data
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NBP unaffected by cyberattacks
Customers safe from any vulnerability and from all potential loss
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UBL assures customers of safe banking
Bank’s systems secure and customers can continue to use the services in an uninterrupted manner
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Silkbank reaffirms secure banking
Security Protocols are backed by state-of-the-art systems that conform to the highest international standards
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HBL reassures customers of no cyberattack on its systems
In light of recent news with regard to hacking into banks
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Rupee weakens against dollar
This is the fifth round of massive depreciation of the Pakistani currency since December 2017
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Cement sector looks to enhance exports
Consumption pattern in northern and southern parts highlights contrast in demand
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Afghanistan’s private sector keen on investment in Pakistan
It is an untapped market for Pakistani entrepreneurs
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Chinese diplomat briefs technocrats on CPEC
Says thousands of Pakistanis employed under CPEC projects
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CCP approves Alipay’s 45% stake in Telenor Microfinance Bank
It will pave the way for mobile payment platform’s entry into Pakistan with an investment of $185 million
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Credit rules being revised to facilitate SMEs
SBP official insists loan requests of more borrowers will be accepted
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Cabinet likely to approve ICT talent programme
Is also expected to revive EDB to foster technological development
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Pakistan to focus specially on technology transfer in future deals
Move will clear the way for knowledge-based economy, increase in exports
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Pakistan secures $1b duty-free access to China
Details to be finalised in Beijing on Nov 9, says adviser Dawood
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ECC keeps wheat support prices unchanged despite farmers earning low profits
Committee also allows import of 50,000 tons of urea fertiliser to meet requirements in Rabi season
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US exempts India-backed port in Iran from sanctions
The port provides key supply route to landlocked Afghanistan
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Market watch: Bourse turns bullish, gains 585 points
Benchmark index increases 1.43% to settle at 41,543.98
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Pakistan gets a boost of confidence but IMF bailout still on the cards
Analysts say the money will give the economy breathing space and stabilise the currency
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Exporters assured of speedy payments
Envoy-designate cautions exporters will have to compete with India in Ukraine
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Tobacco industry: Senate body seeks names of taxmen relatives
Committee questions FBR about reasons for decrease in tax collection from tobacco sector
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Fertiliser body recommends swift import of urea
Suggests keeping fertiliser plants operational to ensure optimal production
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Daily-use goods: USC resumes procurement process
'Resumption of procurement would facilitate middle and lower-income class'
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PTA with Pakistan: Indonesia to notify more duty relief by month-end
Gives assurance to commerce secretary on sidelines of China fair
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IDEAS 2018: Pakistan to showcase domestic, friendly countries’ defence products
Around 48 strategic partners and friendly countries will participate in four-day exhibition
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Corporate Corner: Askari Bank, PMRC sign refinance agreement
Agreement signed between Banking Group Head Rashid Nawaz Tipu and PMRC CEO NK Rupan
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Huawei launching Y9 2019 in Pakistan
It comes as the successor to the Huawei Mate 10 lite
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Data completely secure, says Sindh Bank
'Sindh Bank does not offer internet banking, no one can access its domain'