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Govt proposes gradual duty cut in new tariff policy
Makes public draft of the policy for feedback before formal approval
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Curbing loans: US lends support for increase in World Bank funding
Mnuchin praises World bank's decision to significant shift lending to poorer clients
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Reaction: Pound slides as UK rate hike prospect dims
US stocks ended decisively lower as the yield on the 10-year US Treasury rose ever closer to 3.0%
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Industry threatens to go on strike over power, water shortage
Production of goods drops sharply as some units stop work
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Customs duties could see hike as FBR tackles income tax relief
Proposal is to increase rates of three tariff slabs of 3%, 11% and 16% by another 1%
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K-Electric, KWSB behind power crisis in Karachi, says ministry
Leghari blames power utility for ‘mismanagement, system inefficiencies’
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No need to devalue rupee again, says Miftah Ismail
Adviser to PM on finance says currency has found its equilibrium
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Japanese companies’ interest grows in Pakistan
A high level policy dialogue will be held in Islamabad on April 26, 2018
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Corporate Corner: TPL Life launches epidemic insurance products
TPL Life has launched 3 epidemic insurance products
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Enhancing Scale: Trade-related issues to be addressed
TDAP conference takes place
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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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Industrial estates: Businessmen complain about lack of infrastructure facilities
Say industries are forced to use sub-soil water due to almost no supply from KWSB
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corporate result: Engro Fertilizers’ profit jumps 137% to Rs3.89 billion
Earnings were higher than market expectations
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Fairs and exhibitions: LCCI chief stresses promotion of trade
'Trade fairs and exhibitions are more than just a marketing tool'
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Utility stores: Controversy may arise as govt appoints bureaucrat as USC head
Official defends move, saying PM has powers to make appointments
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Case hearing: Court stops levy of RLNG surcharge on K-P industry
Order comes after Sarhad Chamber challenged the surcharge
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Ministry seeks rebate to take IT exports to $10 billion
Will start business web portal soon to facilitate SMEs in selling products
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Pakistan and its financial inclusion target
Karandaaz CEO says efforts under way to ensure objective is met
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Govt injected $7b to keep rupee overvalued in recent years
EAC member says policy to prevent the currency’s fall caused more damage
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Market watch: KSE-100 ends in the red amid volatile trading
Benchmark index drops 128.43 points to settle at 45,259.34
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Corporate Corner: Kenwood bags ‘Best in TV’ award
The achievement endorses that Kenwood is focused on adding value to lives of customers
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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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Incurring Losses: LNG plants fail to start on time
The three LNG-based power plants are not expected to start commercial production any time soon
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Demand: ‘Kalabagh dam should be included in budget 2018-19’
The LCCI president said 1 million acre feet of water gives benefit valued at $2 billion
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Addressing business community: Finance minister pitches Punjab as investment destination
Ayesha Ghaus says province has made headway in business reforms
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corporate result: Engro Polymer’s profit surges 71% to Rs1.44b
Sales remain robust, income from non-core business rises
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Tariff determination: Sugar millers defend renewable energy projects
Insist bagasse-based power plants will help save $131m in fuel cost annually
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Current account deficit increases and so do Pakistan’s worries
Amounts to $12.03 billion in nine months of ongoing fiscal year
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SHC orders SBP to reconsider valuation of KASB Bank
Court did not declare valuation incorrect, instead wants SBP to revisit whole process
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Pakistan is hedging bets on China as dollar reserves deplete
Is hoping to get over $5 billion during remainder of the fiscal year with huge portion from Chinese creditors
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KE, SSGC meeting convened to sort out gas issue
Nepra warns of law and order situation in Karachi if loadshedding persists
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Foreign exchange: SBP's reserves continue to fall, now stand at $11.38b
Decrease for 18th successive week on account of debt servicing, official payments
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Pakistan to launch dollar-based savings certificates for overseas residents
Offer will help stabilise dwindling foreign currency reserves with expected investment of up to $1b
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Market watch: KSE-100 recovers to end marginally negative
Benchmark index finishes 0.20% lower to settle at 45,388
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Government to purchase power from sugar mills at high tariff
Sugar mill owners to earn Rs48 billion over 10 years as regulator dismisses CPPA’s petition
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Sarhad chamber to challenge RLNG levy
Officials say charges are an injustice as K-P produces surplus natural gas
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ECC puts off decision on higher LNG import margins
Any hike in margins will push up gas prices, put burden on industrial consumers
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PFA action shuts down several food businesses
PFA Lahore sealed three food businesses
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Furniture sector has potential to contribute billions
Former Punjab governor assures of support to get industry status
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PSX incurs loss of Rs5.63m in Jan-Mar
Low revenue, drop in share of profit from associated companies reasons
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FBR chairman offers to bow out as PM remains adamant
Disagreement remains on tax collection target for 2018-19
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Pakistan’s debt-to-GDP ratio to hit 15-year high
Ratio of 70.1% is 20 percentage points higher than sustainable levels
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Market watch: With selling in bank stocks, KSE-100 falls 323 points
Benchmark index decreases 0.71% to close at 45,478.63
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Currency: Rupee stable against dollar
The rupee has cumulatively shed close to 9% of its value
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Pak-Canada trade: Envoy launches CPACT Pakistan chapter
CPACT will help in promoting businesses and the well-being of the two countries
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Government considering reducing sugar export subsidy
Despite making exports worth billions, millers have not yet cleared dues of farmers
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Corporate Corner: BAHL declares pre-tax profit of Rs3.4 billion
As per the results, the bank declared pre-tax profit of Rs3.4 billion as compared to Rs3.61 billion
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Synergy Group holds digital event
The event was composed of insights and ideas that make the digital marketplace a goldmine for marketers
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U-turn: Multinationals face hurdles in profit repatriation: OICCI
Body’s chief says restrictions on sending profits overseas will hurt country’s image
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Attock Cement’s profit dips 18% as energy cost bites
Higher coal prices meant earnings were subdued during July-March