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Auto industry seeks consistency of policies
Insists changes to the 2016-21 policy will shake confidence of new and existing players
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PC owners to build new hotel chain along CPEC route
Rs9b raised recently through Sukuk will be used to finance the project
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Pakistan can become hub of Islamic finance, say experts
Survey shows 76% people in the country will prefer Islamic finance if they have a choice
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Future cooperation: Finland asks private sector to enhance interaction
Lahore chamber points out bilateral trade is losing momentum
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US ‘political motives’ behind FATF listing: Iqbal
Says EU extended GSP Plus after admitting that Islamabad took steps to eliminate terror financing
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Small units: Incentive scheme to help SMEs promote exports
Science ministry has launched 3-year certification incentive programme
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Reaching potential: UNWTO gives recommendations to Pakistan
UNWTO suggests PTDC be transformed into the national tourism authority
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Lab test findings: Oil refineries, importers use chemicals to boost petrol quality
This leads to choking of vehicle engines, affects human health and environment
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Rawalpindi: PPL discovers hydrocarbons from Adhi South X-1 well
OGDC, POL and PPL have a working interest of 50%, 11% and 39%, respectively, in the field
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Currency: Rupee stable against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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Meeting: ‘TDAP facilitating all exporting sectors’
DG apprised the delegates about trade facilities which the TDAP is providing to exporters of the country
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During Second Half: PSX set to roll out ETF facility
Morin said that the launch of the ETF is a part of his plans to increase retail stock investors
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Coca-Cola Içecek to open bottling plant in K-P
Will pursue project after inauguration of sixth plant in Faisalabad next month
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UK, US contribute more as Pakistan’s remittances increase 2.3%
Amount to $1.639b in February; proceeds from Saudi Arabia continue to decline
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Energy-deprived Pakistan remains on radar of LNG marketing firms
Shell says country’s gas demand is growing, which is a positive story
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Symmetry Group in talks with Bulls Eye for possible acquisition
It is looking to beef up its creative and content capabilities
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Market watch: Foreigners buy, but KSE-100 ends negative
Benchmark index loses 61.48 points to close at 43,011.26
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Pakistan Stock Exchange to launch exchange-traded fund this year
Launch of Exchange-Traded Fund part of plans to give rise to number of retail stock investors at top Pakistani bourse
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Currency: Rupee weakens against dollar
Rupee weakened against the dollar at Rs110.4/110.6
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Anti-Competitive Practices: CCP issues notice to flour mills
Commission conducted inspection of PFMA premises & seized relevant documents
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Workshop held to improve agri-services
Workshop reviewed existing agriculture extension services, in order to identify ways for improvement
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Imports grow: only 8%; PM’s aide hints at export incentive package
Need for better enforcement measures to increase bill recoveries
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Implementation deals for two Thar coal projects signed
This will clear way for securing $1.49b in financing for the projects
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Ministries ask K-Electric to disclose stake sale agreement
Government comes under pressure to approve sale of majority stake in power utility before end of its tenure
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Urea sales increase 42% in February
Pricing power of manufacturers expected to increase due to low inventory, higher demand
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APTMA poised to invest $7b in garment manufacturing
Demands favourable policy measures including consistent energy prices
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Renault suffers setback as PSM refuses to provide allocated land
Steel mill’s board says it will carry out fresh price assessment of the piece of land
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Move to separate PIA’s core business hits roadblock
Disagreement over legacy loans, non-guaranteed liabilities causing delay
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Foreign exchange: SBP's reserves fall $112m, stand at $12.2b
Decline for 12th successive week comes on account of debt servicing, official payments
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Market watch: With profit-taking, KSE-100 continues to decline
Benchmark index loses 368 points to close at 43,072.74
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US isolationist on trade, but more financially dependent on rest of world: experts
With Trump determined to press ahead with protectionist agenda, trading partners China and Europe likely to retaliate
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Corporate Corner: Silkbank’s net profit up by 54% in 2017
Bank has posted a profit after tax of Rs1.135 billion for the year ended December 31, 2017
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Currency: Rupee stable against dollar
Rupee remained stable against the dollar at Rs110.3/110.5
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Public-private dialogue urged for development
Dialogue important to identify commonalities for an environment conducive for investment
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First national water policy on the cards
WAPDA chief says energy and food security is as essential as security of borders
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Prices in real estate sector remain stable
Most investors will wait for general elections, but some may opt for short-term buying
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Experts urge ‘true’ implementation of trade policy
Overvalued exchange rate, weak trade facilitation have resulted in decline in Pakistan’s exports
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Pakistan signs MoU with Korea
Islamabad is seeking to employ Pakistani workers in Korea
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ECNEC approves nine schemes worth Rs80.2b
Projects that earned green light include PM’s pet road construction project
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Senate body irked by non-implementation of support price
Committee believes cultivation and supply could be affected
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Government plans to cut duties on solar batteries
Lower tariff will promote production of cheap renewable energy
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ECC approves circular debt settlement plan
Govt will borrow and immediately pay Rs80b to power producers, fuel suppliers
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Market watch: Selling pressure on blue chips pulls KSE-100 down by 264 points
Benchmark index decreases 0.60% to close at 43,441.18
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US judge rules cryptocurrency as commodities
The CFTC first determined that virtual currencies are commodities in 2015
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Currency: Rupee stable against dollar
In the last couple of months, the rupee has cumulatively shed over 4% of its value
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Risks to Pakistan's economic outlook have increased: IMF
Says country’s ‘medium-term’ debt repayment capacity has also weakened
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Next 25 Years: Oil industry needs $20tr investment
Nasser says industry has already lost $1 trillion of investments since the oil price downturn
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Corporate Corner: PIA enhances engineering capacity
A ceremony was held at the Islamabad airport for completing the check ‘A’ on A320 aircraft
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Textile mills: Hydrogen peroxide shortage sparks concern
Association seeks permission for duty-free import of the commodity
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Khalifa Coastal: PARCO conducts feasibility study on refinery project
It will have production capacity of 250,000 to 300,000 barrels per day