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Explaining Pakistan’s ‘greatest’ tax amnesty scheme
FBR Member Inland Revenue Policy Dr Mohammad Iqbal, Senior Partner of A F Ferguson Shabbar Zaidi speak on the issue
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Trump and Kim head for historic Singapore summit
Tuesday's Singapore meeting is the climax of the astonishing flurry of diplomacy on and around the Korean peninsula
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Pakistan unlikely to feel impact of global trade war
Experts say country’s share in overall trade is very small, it is not so much integrated with global value chain
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Trump trade fury torpedoes Canada's G7 summit
The outburst is only the latest incident in which Trump has clashed with America's closest allies
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Ministers clash over car emission targets
Germany’s environment ministry suggests CO2 emissions from cars and light commercial vehicles should be halved
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China slaps anti-dumping deposit
Brazil is the world’s largest chicken exporter
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‘Country back to where it was in 2013’
The business leader remarked that energy imports reached almost 60% of total exports
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Pope Francis calls for clean fuels to avert catastrophe
Oil and gas sector under pressure to play a bigger role in reducing greenhouse gas emissions
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Tax inquiries worry small traders
ICCI asks FBR to drop inquiries, accept tax returns of the traders
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With sales boom in mind, Gucci tightens grip on suppliers
Fashion luxury firm to cut reliance on independent leather suppliers
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As global tensions subside, gold prices recede
Precious metal at Rs57,600 per tola, lower than current year’s peak of Rs60,250
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Industry suggests mediation in trade disputes
In developed countries, mediation, arbitration and conciliation are preferred to avoid litigation, LCCI Chief said
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PML-N govt also increased LNG import margins
Power, textile and CNG sectors will have to pay billions for LNG consumption
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JW Forland plans to produce dump, cargo trucks in Pakistan
Gets encouragement from new auto policy, CPEC programme
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Pakistan uses Chinese trade finance to repay foreign debt
Islamabad has largely exhausted $1.5b additional financing facility under currency swap arrangement with Bejing
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SPI increases 0.21%
Compared to the corresponding week of previous year, the SPI for the combined income group rose 1.51%
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K-Electric names new chairman
The changes will come into effect immediately
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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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Bull-run continues as KSE-100 Index soars 1,035 points
Activity picks up with investors remaining optimistic about interim set-up
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Govt’s support sought for setting up petrochemical complex
Industry believes it can help save the country billions in imports
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Punjab fails to achieve wheat purchase target
Initiative for release of gunny bags, delay in purchase causes behind the failure
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PML-N govt quietly raised profit margins of oil industry
It took the decision just a day before the end of its tenure
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Ministry halts hiring of State Bank’s deputy governor
Also stops the process for appointing CEOs of three joint investment firms
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Due to delay in K-Electric deal, Abraaj Group now faces liquidation case
A Kuwaiti pension fund has filed case against the equity firm in Cayman Islands
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NEPRA takes notice of increased load-shedding
Blames overloaded grid stations of NTDC that hampers smooth supply
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China’s Jinbei to build vehicle production plant in Pakistan
Its Pakistan partner will initially import vans and minivans
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Currency: Rupee stable against dollar
SBP maintains slide in rupee’s value due to supply, demand dynamics of foreign exchange in the inter-bank market
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Rural Support: RSPN model highlighted at EU event
Pakistan participated in an event in Brussels called “European Development Days” on June 5-6
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LNG Contract: Engro vows cooperation in NAB probe
The terminal has handled more than 160 LNG carriers in approximately three years
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Beyond its mandate, caretaker govt calls CDWP meeting
Meeting is expected to approve billions of rupees worth of projects
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Water shortage: ICCI demands swift construction of dams
ICCI Senior Vice President says water shortage is emerging as a national challenge for the country
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Addressing challenges: Caretaker PM for devising petroleum strategy
Was briefed on production, consumption of gas and petroleum products
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Wrongdoing feared: Senate panel seeks details of Qatar LNG contract
Asks why other countries were ignored; former PML-N govt may land in trouble
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Pakistan mulls over taking Etisalat to international court
Company has not yet paid $800m in privatisation proceeds of PTCL
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Foreign exchange: SBP's reserves rise 0.08% to $10.04b
The country's foreign exchange reserves had been on a downward spiral for the past four weeks
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Market watch: KSE-100 snaps five-day winning streak as selling pressure mounts
Benchmark KSE-100 Index loses 196.09 points to finish trading at 43,948.11
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Dutch firm to set up plant in Sindh
Barkat company will contribute an investment of Rs100 million while its Dutch counterpart will invest Rs75 million
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Pakistan reviews draft action plan against terror financing
Plan to be reviewed by FATF in its plenary meeting from June 24 to June 29
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Engro says it doesn’t enjoy monopoly
Engro Elengy does not have a monopoly in the LNG industry
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Rupee weakens 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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Measures needed: Outages harming industrial activities
The government must take urgent measures to overcome load-shedding, said ICCI acting President
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ADB to help K-P produce over 5,000MW
Approves $325m loan to enhance Pakistan’s energy security
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PCJCCI gets preferential treatment for China’s visa
Its delegation will visit Chinese cities for business matchmaking
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Furniture-makers plan to open outlets in Saudi Arabia
Delegation leaves for the kingdom to explore market
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Pakistan fails to meet cotton sowing target as water shortage bites
Cotton seeds have been planted over 2.31m hectares, 22% short of target
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FBR to miss tax collection target by Rs84 billion
Board’s top brass briefs new finance minister on their performance in FY18
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WAPDA chief calls for giving Kalabagh dam’s control to Sindh
Agrees Sindh’s reservations about its water share in the dam are justified
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World Bank sees Pakistan’s economy slowing next year
In a briefing on economy, cabinet stresses need for corrective measures to prevent it from deteriorating
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European Investment Bank says cannot ignore US sanctions on Iran
EU’s lending arm is reluctant to engage in Iran under pressure from the United States
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Market watch: Investors continue to buy stocks as index powers past 44,100
Benchmark KSE-100 Index gains 1.01% to finish trading at 44,144.20