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Pakistan should strengthen economy
The cermony was held at Zafar Ali Shah's residence
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With peace, tourism to play vital role
'Northern areas were attracting a large number of tourists every year', Khan said
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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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US oil exports bite into Russia, OPEC market share
China, India and South Korea are biggest buyers of US crude oil in Asia
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Textile industry awaits release of funds under PM’s package
The industry faces a cash flow problem as it has already extended incentives to overseas buyers
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Conference lays stress on digitalising agriculture
The conference highlights challenges being faced by agribusinesses in the country
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China rejects US charge of forced technology transfer at WTO
Trump has announced $50b tariff penalty against Chinese goods
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ExxonMobil acquires 25% stake in offshore drilling in Pakistan
It is expected to give a boost to hydrocarbon exploration with new technology
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PM understates debt to show ‘successes’
Figures presented by Abbasi are lower by 4% of GDP or $12.5b when compared with stats available on SBP website
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Fertiliser sales stay robust as farmers plant crops
Total off-take shows growth of 27% year-on-year to 558,000 tons
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Government changes names for post of adviser to IMF executive director
Finance ministry has sent summary to PM for approval before end of term
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Market watch: KSE-100 crawls up as political clarity emerges
Benchmark index gains 64.49 points to finish at 42,138.58
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Oil falls as OPEC, Russia look to raise output amid US surge
Saudi Arabia and Russia said on Friday that they were discussing raising oil production by some 1 million bpd.
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Sindh can float Sukuk to bridge budget gap
It can pledge province’s roads as security to attract investors
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Sales get a boost, but productivity remains low
Many labourers go back to their homes in rural areas to spend time with family
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Centre less inclined to spend on development projects in provinces
Provinces need to be smart enough to generate their own funds for development schemes and stop wastage
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Solar-wind hybrid plants will save Pakistan cost, better utilise capacity
AEDB, in consultation with NEPRA, needs to frame policy to promote this new concept
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Every new govt goes to IMF to manage external account
Data shows current account, trade deficits soar in last year of outgoing govts
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Oil falls as Saudis signal supply boost
Saudi oil minister said that a gradual oil output increase could happen in the second half of the year
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Pakistan, Russia: Businessmen eager to enhance ties
Pakistan and Russia have been trying to open a new chapter in their bilateral relations
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New US tariffs a headache for foreign automakers
Most brands have at least one auto plant on US soil where they employ thousands of workers
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Country needs to modernise manufacturing sector: IPR
Risks being left behind permanently if it does not focus on science and technology
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Business forum opposes interest rate hike
Cautions it will increase cost of doing business, hurt economic growth
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World Bank approves $728m for four environment projects
Ventures to increase resilience against climate change, improve water controls
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Hubco joins hands with UAE firm to diversify into new areas
Will undertake garbage recycling, water desalination projects
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Stocks stage recovery as KSE-100 gains 451 points
Benchmark index increases as investors resume buying at attractive valuations
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Pakistan’s cost of trading across border highest in region
Research report highlights domestic industry pays high power tariff compared to neighbours
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China to roll over $500m loan to shore up Pakistan’s reserves
Islamabad cannot use the money, its only purpose is to support forex reserves
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Political stability stressed for progress
'Pakistan has all the resources to become an economic giant and only needs to set direction', SAARC Chamber VP
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SPI decreases 1.47%
The index for the group stood at 208.13 points against 212.48 in the previous week
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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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SBP extends deadline for refinancing scheme
Move is aimed at helping exporters to continue to get financing facility
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Singapore plans smart city to run driverless electric cars
Step being taken to ensure clean environment and fuel savings
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Improve quality and competitiveness, says commerce minister
Private sector needs to change its strategy to help boost exports
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Blue-eyed officers likely to get posted abroad
Finance Ministry sends summary to PM to appoint bureaucrats as economic ministers at key embassies
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‘Railways land allocated without seeking NOC’
Minister Rafique says previous govt made move for political gain
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Oil, gas search: K-P opens six dormant blocks for exploration
KPK is currently producing 50% of crude oil, 15% of natural gas and 25% of liquefied petroleum gas (LPG) per day
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Rupee continues to weaken in the open market
Dollars being hoarded as devaluation rumours make the rounds
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CCOP again fails to develop consensus on K-Electric’s sale
PM sends back matter to inter-provincial body as issues could not be settled
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Market watch: Selling pressure mounts, KSE-100 retreats 462 points
Benchmark index decreases 1.09% to finish trading at 42,074.09
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Shaukat Hussain's appointment as SECP chief challenged in LHC
Petitioner argues govt's decision is unconstitutional and based on favouritism
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Monetary policy: SBP raises key interest rate by 50 basis points to 6.5%
It now hits a three-year high as Pakistan prepares to tackle with inflationary pressure ahead
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Seeking Assistance: PAAPAM calls to restore EDB
Hyundai, Kia Motors, Volkswagen and Renault entering the market marks a crucial time for the industry
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Tvet Policy: Govt to train at least 1m youth each year
NAVTTC would also train 20% of all school-leavers
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Currency: Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 9% of its value
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Open market: Dollar surges to Rs118.7 amid supply shortage
Development comes as SBP introduces requirement to submit photocopy of identification
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Pakistan, China extend currency swap agreement by another 3 years
Also double scope of CSA to roughly worth $3 billion
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Fatima Energy officials meet PM to seek tariff approval
Company has converted its captive power plant into an IPP of 118.8MW
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Non-filers, carmakers brace for difficult road ahead
Industry says premium or ‘own-money’ menace will increase
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Bank of Punjab on path to recovery
Brokerage house says bank expected to report Rs6.3b profit in 2018