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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
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Tax refund claims: Industrialists urge govt to release Rs250b
Irfan Iqbal Sheikh urged government to ensure early and timely payment of stuck tax refund claims
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Training programmes: Employable skills a must for changing people’s lives
Expert hails progress made in rural community development
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Kuwaiti investors asked to cash in on opportunities in Pakistan
BoI chief says Pakistan is aiming for 9% economic growth by 2020
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Facilitation: Tech sector to develop apps for people with disabilities
IT ministry allocates funds whereas private companies focus on app development
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Cabinet increases daily allowance of lawmakers by 71%
Step taken to match with the allowance given to high-grade civil servants
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SC temporarily allows collection of regulatory duty
Sets aside high court’s decision that stopped duty collection on over 356 goods
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Cabinet approves privatisation of PIA
Move comes weeks after related cabinet panel gave go-ahead to privatise loss-making airline
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Market watch: Profit-taking drags down KSE-100 below 44,000
Benchmark index decreases 0.28% to close at 43,705.10
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Currency: Rupee stable against dollar
Rupee remained stable against the dollar at Rs110.3/110.5 in inter-bank market
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Cotton Management: Stakeholders extend support
Campaign to manage cotton sticks was being expedited to kill pink bollworm
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Islamic Banking: IDB to launch $2.5b benchmark Sukuk
IDP president said the sukuk would support spending on infrastructure, education, health
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Laws designed deliberately for forex misuse, say experts
Estimates suggest undocumented economy amounts to $300 billion
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As circular debt soars past Rs922b, govt reimposes power surcharges
Money collected will be spent on paying off debt of electricity producers, finance Neelum-Jhelum project
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AGP CEO hints at more mergers and acquisitions
Company recently raised Rs2.8b from the stock market
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FATF watch list: ‘Pakistan’s inclusion will not hurt economy’
Experts say country still needs to review position
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OGRA under pressure to recover Rs18 billion from gas consumers
Independent study proposes higher UFG benchmark at 7.6% for past five years
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Pakistan’s industry still running on 2nd generation technology
SEC chief calls for adopting state-of-the-art technology, machinery
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Pakistan in talks with China to borrow $1b
Government is also expecting another $200m from a Chinese bank to boost foreign reserves
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Market watch: Late buying helps KSE-100 end with 89-point gain
Benchmark index increases 0.20% to close at 43,829.08
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Subsidy a bad economic policy most of the time
It has become a potent political tool to woo voters
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Exporters should rely less on short-term relief packages
Viable export policies are the need of the hour to give a boost to shipments
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Increased imports indicate economic revival
Proper way to analyse an economy is to focus on the behaviour of economic agents
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Pakistan’s start-up ecosystem looks promising
But there remain several challenges for businesses to flourish
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‘America First’ policy to have direct implications for Pakistan’s economy
CPEC becomes victim of US policy change which is hindering investments in Pakistan
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Looking for encouragement: ‘Female entrepreneurs need support for better results’
Women chamber chief calls for replicating Faisalabad’s business model
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New policy: Makers of auto parts look to enhance share in growing market
Existing and upcoming vehicle manufacturers will have to rely on domestic vendors to remain competitive
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Weekly review: KSE-100 moves north as bulls dominate
Cement sector leads surge; index ends positive four times out of five
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Sugarcane: Farmers to complete cultivation in Mar
Cultivation of sugarcane crop and complete it by March 15 to get a bumper yield
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Development Under Way: Work on 198 schemes in progress
A meeting was held by Deputy Commissioner Liaqat Ali Chatha in the chair to review the pace of work
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Corporate Corner: Alfa Insurance to pay claim of Rs87.5m
Paracha has ordered Alfa Insurance Company Limited to pay Rs87.5 million to Rajwani Denim Mills immediately
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PSO takes hit in market share as furnace oil sales drop
Closure of several oil-fired power plants takes toll on volume
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KCCI urges Mauritius to lift ban on Pakistan’s meat imports
Says move will help increase volume of bilateral trade
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Pakistan’s ADB rep steps down two weeks after replacement announced
His initial resistance highlights impact of deepening political intervention in filling foreign posts
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Pakistan may suffer from domino effect if world goes to ‘trade war’
Trump’s policy could make it tougher for Pakistani professionals to find jobs in the US
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Global trade war: costs and consequences
Economists warn new measures raise costs of inputs for goods produced in the US, and increase prices of imports
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Repatriated Workers: ‘Outstanding salaries to be paid soon’
Government steps in for recovery of outstanding salaries and end-service benefits
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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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Week-On-Week: SPI rises 0.03%
Compared to the corresponding week of previous year, the SPI for the combined income group rose 0.47%
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In a turnaround, cement exports surge 18% in February
Association urges govt to reduce federal excise duty to zero
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Repair of railway infrastructure to cost 35% more
Cost of rehabilitating rail engines, stations, buildings and bridges estimated at Rs10.5b
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Govt directs PSX to hold elections at the earliest
Has also shortlisted candidates for filling vacant posts of SECP commissioners
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‘Karachi needs high-end hotels to become transit hub’
Turkish consul general says hospitality industry has failed to attract investment
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WTO warns of trade war over new Trump tariffs
Director general says situation will be watched closely
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Market watch: KSE-100 gains 230 points, ends positive for fourth successive session
Benchmark index increases 0.53% to close at 43,740.49
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IS OBOR establishing footholds in Europe in the wake of Brexit?
Once known for its inward policies, China now controls one-tenth of all the European port capacity
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Asian markets tumble as Trump tariffs fan trade war fears
The news was met with anger from key allies including the EU and Canada
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Pakistan drafts governance rules for Islamic firms, securities
Areas covered include certification of companies and securities, screening criteria and disclosure requirements
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FPCCI irked by talk of relocating TDAP’s head office
Says move will render it ‘completely dead’ for business community