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Executives participate in ‘EIGHTEEN CEO Summit Asia 2018’
The conference embraces hundred success stories of Pakistani CEOs working on national and international level
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Ministry says Rs25.5b disbursed
'We are committed to providing an enabling environment for the industrial sector'
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WAPDA to endure higher cost for ‘favouritism’
Awards contract to company with second-lowest bid; denies wrongdoing
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Agriculture sector will need Rs1.52tr in FY19: SBP
Says banks will meet 82% of the total credit requirement
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SECP proposes amendments to REIT regulations
Permission to borrow against REIT assets included in draft
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Pakistan in contact with ADB for technical assistance
Caretaker finance minister says she is playing active role in connecting new govt
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FBR issues notification on sales tax exemption
It comes days after Senate panel warned of seeking explanation for delay
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KSE-100 registers minor increase of 337 points
Concern over Pakistan’s economic position keeps investors away
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US senators 'concerned' over possible IMF loan to Pakistan
Write letter to cabinet members, accuse China of indulging in 'debt trap' diplomacy
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Car sales rise 9% despite curbs on non-filer
Carmakers sold a total of 21,344 units in the month
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Sindh Bank approves swap ratio for merge
Both banks will approach the Supreme Court for clearance and then to the State Bank of Pakistan for review
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CDNS gets Best Financial Inclusion award
CDNS has been declared the award winner for its outstanding contribution to financial inclusion
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NCCPL letter has no effect on operations: Summit Bank
This news will not have any impact on general banking activity
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Week-On-Week: SPI remains stable
During the week, average prices of 17 items rose in a selected basket of goods
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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Remittances surge 25%, amount to $1.93b
Inflows from Saudi Arabia and UAE rise significantly
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Engro Fertilizers’ profit jumps 31.5% to Rs3.25b
Board recommends cash dividend of Rs4 per share
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FBR’s reliance on WHT highlights need for policy revamp
Share of withholding taxes in total direct tax collection increases to 72% from 56% over five years
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With curbs on outages, PESCO suffers Rs40b loss
Committee comes up with proposals, including outsourcing of feeders, to tackle theft
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Pakistan in a weak position in FTA with China
Even India has better free trade deal with Beijing
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IMF dismisses talk of denying Pakistan bailout
Loan conditions may be tough this time; official request to the lender may be delayed
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Market watch: KSE-100 ends week in the red amid range-bound trading
Benchmark index decreases 81.77 points to settle at 42,842.18
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Turkish President Erdogan invokes God in speech about tumbling lira
Unorthodox approach to currency crisis has unnerved investors, according to reports
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SC clarifies news item on lowering tax rates on locally-assembled vehicles
For a news story on locally-assembled vehicles, the apex court has issued a clarification
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HMD Global brings Snake with AR twist
HMD Global, the home of Nokia phones, has made the classic snake game up to date with augmented reality
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Agri-credit disbursement rises 38% to Rs972.6 billion
This comes despite tough challenges in agricultural sector
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PCJCCI making efforts to attract investment
Chamber president says second phase of CPEC will be a success
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Rupee stable against dollar
The rupee remained stable against the dollar at Rs124/124.2 in the inter-bank market on Thursday
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Energy conservation policy approved
Board of directors of NEECA has approved the national energy efficiency and conservation policy
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Dumped by Sharif, Gwadar-Nawabshah LNG terminal project may be revived
PTI govt likely to resuscitate plan as Iran warns to move court
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AGP, FBR at odds over explaining revenue from tobacco sector
Officials explain tax collection during Senate panel hearing
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Ministry blocked PML-N’s move to create $5b wealth fund
Finance ministry, central bank refused to give consent for a highly risky proposal
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NEPRA slaps Rs5m fine on Genco-II for power breakdown
Says outage occurred after failure to maintain 220kv switchyard
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Pakistan to pursue economic ties with Iran despite US sanctions
Expresses solidarity with Saudi Arabia in row with Canada
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Foreign exchange: SBP's reserves increase $19m to $10.37b
Reserves rise for the second week in a row
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Market watch: KSE-100 advances despite heavy foreign selling
Benchmark index increases 192.09 points to settle at 42,923.95
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Official indicators point to bleak economic outlook
Asad gets real-time in-sights into country’s finances
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China set to respond to new round of US tariffs
Levies to come into force on August 23
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Indonesia willing to assist Pakistan in palm oil production
Official says collaboration will help both countries
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Senate body to probe Rs33b fall in revenue receipts
Low duty structure restricted revenue flow and encouraged smoking
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Govt’s debt rises to Rs24.2tr as fiscal space shrinks
Net addition of Rs9.8tr has taken place in the last five years
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China’s TV brand sets up assembly plant in Karachi
Joint venture with local company has invested $1.5m with plans to further inject $1.3m
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Two Pakistani firms look to establish payment gateway system
Avanza Group and Premier Systems announce $5m investment
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Rupee stable against dollar
The rupee had appreciated against the US dollar after reports of China's loan of 2 billion dollars to Pakistan
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Pakistan to get benefits worth $200m
Pakistan and Thailand will present their complete and final lists for the FTA in the coming round of negotiations
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Pakistan enters industrialisation phase
The country can rely on successful experience of China in the establishment of special economic zones
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Value of financial transactions jumps to Rs558.8tr
Under paperless currency, mobile banking showed the strongest growth
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Pakistan defends its economic partnership with China
Says Beijing stepped forward to support development at a time when foreign investment had dried up
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Market watch: Amid volatility, KSE-100 slips 28 points
Benchmark index edges down 0.07% to settle at 42,731.86
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Upbeat IMF economy report welcome news for Modi
The IMF said India was facing a "broadly positive outlook" thanks to "strengthening investment"