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Govt to set up 400 training institutes
This will also bridge the supply and demand gap of technical manpower required for the CPEC projects
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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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After PML-N era: Circular debt comes down from Rs573b to Rs499b
Discos expecting Rs101 billion additional revenues during month of June
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Warehousing facility set up for farmers’ convenience
Will be able to store agriculture produce for longer periods
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IMF’s Lagarde praises Argentina reform plan
Programme to focus on protecting poor and vulnerable
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After initial success, Popinjay fails to achieve economies of scale
It had got half a million dollars in seed money, but lasted just four years
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Businessmen asked to legalise assets under amnesty scheme
LCCI terms the scheme a giant leap towards promoting documented economy
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OICCI defends hike in petroleum product prices
Calls the increase inevitable in the wake of global crude price rise
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Budget deficit widens to Rs2.1tr, far exceeding FY18 target
Nearly 30% of the gap recorded in last two months of PML-N govt due to reckless spending
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Pakistan gets $425 million loan to modernise transmission network
Signs agreement with World Bank that also provides $140m for Sindh barrages
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Market watch: KSE-100 advances after court's approval of amnesty scheme
Benchmark index gains 278.6 points to finish trading at 43,507.50
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Hashoo Group promotes Haseeb Gardezi to COO position
Haseeb has more than two decades of experience in hospitality and management
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PATA chairman receives award of merit
The current chairman has immensely contributed towards tourism in Pakistan and enhanced the country's image
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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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Oil buffer could shrink to lowest since 1984
OPEC, allies may agree to hike crude output in upcoming meeting
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China’s ZTE to resume trading after $1.4b US settlement
Telecom-maker says it will replace its board and executive team within 30 days
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Chambers irked at petrol price hike
Demand withdrawal; say industrial and agriculture sectors will suffer
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Car sales fall 15% as curbs on non-filers come into force
In 11 months, however, sales grow 21% year-on-year to 240,114 units
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French businessmen urged to promote Pakistan
Ambassador encouraged to play role in building country’s relations
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Pakistan braces for higher inflation as rupee weakens
Analysts say timing of letting currency lose value is questionable
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Caretaker govt rules out bailout talks with IMF
Finance minister hints at more currency weakness, rise in petroleum prices
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Al-Futtaim acquires land for manufacturing Renault cars
Plant, being set up in Faisalabad, likely to start production in 2020
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Market watch: KSE-100 plunges over 700 points as macroeconomic concerns increase
Benchmark 100-share index loses 1.6% to finish trading at 43,228.90
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Restrictions to hit remittance flow
Pakistanis sent remittances worth billions of dollars that played a crucial role in the economy
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Trump threatens tariffs on car imports
Trump has renewed his threat to impose tariffs on cars being imported into the United States
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Iraq accuses oil producers
OPEC and other countries pledged to limit oil output and measures to boost crude prices
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Rolls-Royce to cut thousands of jobs this week
Its engine problem has spread that has forced airlines to lease alternative planes
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Tarbela’s 4th generation turbine starts rolling
Currently, it is providing 335 megawatts of electricity
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Political parties urged to present economic agenda
FPCCI wants roadmap ahead of elections
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Overseas workers’ remittances fall 5% to $1.77 billion
Pakistan likely to miss overall fiscal year target of $20.7b
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Contrary to assurances, rupee slumps to record low
Currency traded at Rs119.84 at close in the inter-bank market, down 3.65%
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Pakistan govt’s debt swells to Rs23.6tr to bridge budget gap
Increases 13.7% in Jul-Apr as govt does not utilise its deposits kept with banks
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Caretakers hike petrol by Rs4.26 per litre
Petrol now costs Rs91.96 a litre, diesel Rs105.31
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Market watch: KSE-100 marginally negative after rupee depreciation
Benchmark index loses 16.95 points to finish trading at 43,931.16
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After record high import bill, Pakistan's trade deficit widens to $33.9b
Country's import bill peaked to $5.8 billion in May; pressure on foreign currency reserves to continue
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Currency weakens further to Rs121 against dollar in intra-day trading
SBP says market forces determining inter-bank rate
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Pakistan has $12.8b untapped potential for exports
Long-term policies must be introduced to promote exports rather than relying on short-term gains
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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