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Foreign exchange: SBP's reserves plunge 2.28%, stand at $14.3b
Decrease attributed to external debt servicing and other official outflows
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Market watch: Bullish momentum continues at stock exchange
Benchmark KSE-100 Index gains 507.71 points to end at 38,715.77
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OMD Pakistan named 'Media Agency of the Year' for second year in a row
Agency also receives a bronze in the 'Digital Agency of the Year' category
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JS & Co eyes solar power production
The Quaid-e-Azam solar power project has been installed in Bahawalpur district, Punjab
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‘BOI introducing innovative concepts’
Priority of BoI is to brand Pakistan as an entrepreneurial country
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UN body vows support for better regional links
Minister outlines government’s focus on innovation and research
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Rupee weakens against dollar
SBP maintained that slide in rupee’s value is due to supply, demand dynamics of foreign exchange in inter-bank market
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Pakistan, Uzbekistan to enhance agri-cooperation
PARC chairman seeks joint ventures in farm machinery manufacturing
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Current account deficit now stands at $6.64b, up 89%
Pakistan has already depreciated the rupee keeping in view the widening gap
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World Bank approves $825m loan
Disbursement is for public finance management, National Transmission Modernization Project-I
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K-Electric now profitable, but its transmission and distribution problems remain
PAC chief says company has not made required investment in power distribution
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Pakistan’s power generation up 2.3%, but reliance on furnace oil decreases
NEPRA data shows there was a 51% fall in production through furnace oil
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Pakistan eager to start FTA talks with Pacific countries
Citrus and mango exports to Indonesia will increase significantly after PTA activation
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Refineries weigh option of furnace oil export
Stocks have swelled as domestic demand goes down sharply
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Market watch: Rare political calm stimulates stock market
Benchmark KSE-100 Index gains 0.76% to end at 38,208.06
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World Bank approves $825m loan for Pakistan
The programme aims to enhance national power transmission system, health and education service
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Islamic finance attracts non-Muslim countries
According to Dealogic data, issuance of Islamic debt by non-Muslim countries is set to climb a three-year high in 2017
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‘Govt ready to spur local production’
APCA’s Chairman and founder Munawar Iqbal led the visiting delegation while members of the FBR were also present
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LCCI demands factual database
LCCI President was speaking at the launching ceremony of LCCI Research Report on State of Pakistan’s Economy
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FINCA opens two new branches
The expansion comes as part of FINCA’s move to provide responsible and impactful financial services
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Currency: Rupee strengthens against dollar
Market rumours suggest the move is part of IMF’s conditions for another bailout package
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Sri Lanka pitches for Pakistani investment
Consul general seeks to explore areas of cooperation
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‘CPEC conducive to shared prosperity of whole region’
Chinese official hopes economic corridor can receive more widespread recognition
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FBR urges more interaction with business community
Concedes regulatory duty on some raw materials was a mistake
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China’s Silk Road Fund to finance North-South pipeline
Commitment made as Russian firm nominated for the project is under US sanctions
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Oil refineries get entangled in ‘worst’ operational crisis
Storages are filled to capacity following excessive oil, LNG imports
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Nishat Mills offers 18% stake to Millat Tractors in its car venture
Letter of intent signed by the two companies
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Pakistan developing into a major consumer market
Strategic location, big populace and CPEC make the country ideal for FDI
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Islamabad faces external financing gap of around $12b
SBP governor gives in-camera briefing to parliamentary body on reasons behind weakening rupee
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Indonesia eager to deepen economic ties with Punjab
Delegation acknowledges efforts to make environment investment-friendly
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Market watch: KSE-100 falls another 465 points
Benchmark index loses 1.21% to end at 37,919.42
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ADB lauds Pakistan's efforts in overcoming energy deficit
Country director discusses energy, economy issues with PM Abbasi
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Pessimism in the business sector
The businesspeople have sent a clear message — the economy is close to a point of no return
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Currency: Rupee stable against dollar
Market rumours suggest the move is part of IMF’s conditions for another bailout package
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Banking Sector: Net investments rise 1.8% in Q3CY17
Investment in government securities have remained the prime driver behind investments growth
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Good relations with diplomats urged
The events were attended by ambassadors, diplomats and high government officials
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Lucky Cement regains status as largest producer in country
New line commences production at Karachi plant, taking overall capacity to 9.35 million tons
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Pakistan, Russia poised to sign $10b gas pipeline deals this week
Delegation will leave for Moscow on December 20 to pave way for closer ties
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Banks’ profits likely to be pulled down by falling stocks, funds
Top banks had invested Rs126b in equities, mutual funds by Sept 2017
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Jappa returns as PHDF CEO
A notification in this regard was issued by the Revenue Division of the Federal Board of Revenue
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Businessmen demand disclosure of CPEC details
Say it will allow industries to maximise business benefits
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Apparel sector wants tax-free yarn import
Senior official says lack of value-addition hurting competitiveness
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FBR, commerce ministry to brief Senate body
Will hear issues of regulatory duty, rupee depreciation among others
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Pakistan’s stock market: from Asia’s best to Asia’s worst
Index’s downfall to continue till general elections, says brokerage house
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‘IMF could impose non-economic conditions on Pakistan this time’
Pasha warns lender could exploit situation by asking to cut back on CPEC size
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Market watch: KSE-100 falls with trading volumes lowest since July 2014
Benchmark index loses 261.93 points to end at 38,383.97
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Chinese currency to get same status as the US dollar in Pakistan
Under CPEC Long-Term Plan, bilateral trade could see usage of renminbi
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Resource generation: Provinces must concentrate on raising their own revenues
Punjab fears slowdown in the flow of resources from the Centre
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Renewable resources: Competitive energy policy a welcome move
It is likely to bring down prices which will help both people and the economy
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Pakistan’s IT industry set to double by 2020: Ignite CEO
Highlights giant strides country has made; says big business groups have to step forward