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Cheaper fuel brings down power tariff by Rs2.19 per unit
NEPRA dismisses CPPA’s request for only Rs0.07 tariff cut, consumers likely to get Rs24 billion relief
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Furniture industry demands exclusive expo centres
Announces 100 brands will exhibit their products at the 9th Interiors Expo
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LNG supply: Pakistan seeks further fee cut for North-South pipeline
Makes request to Russia; two sides finalising terms and conditions of agreement
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Dining on Emirates
Airline serves over 100 million meals a year
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Over 1,800cc: Car importers panic as rates on used vehicles also revised
Commerce ministry notification clarifies enhanced regulatory duty on import
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Chinese Steel: Local industry rejoices as NTC imposes anti-dumping duty
Imported re-bars will be subject to 19.15% duty in addition to 30% already imposed
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FBR banks heavily on withholding taxes to meet revenue target
Of Rs756b collected in 1QFY18, Rs707b were collected through indirect taxes
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Market watch: KSE-100 falls over 600 points as positive streak ends
Benchmark index succumbs to profit-taking, settles at 41,483.54
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The growing state-economy conflict in Pakistan
Higher development spending makes govt the largest importer, promotes culture of kickbacks.
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Reliability of economic freedom indicators debatable
They should capture anomalies across countries for a true picture.
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Aisha Steel Mills’ plans to expand are all ‘laid out’
Company CEO says anti-dumping duty on Chinese steel has spurred investment.
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As much as one hates it, IMF borrowing isn’t a bad deal
Need to go back comes after failures of the govt to address economic woes.
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Promoting participation of domestic firms in global value chains
Trade in intermediate good shows increasing contribution in total manufacturing trade since 1995.
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Pakistan’s construction industry – the hot cake for foreign investors
Country needs to eliminate bottlenecks in growth of the developing industry.
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PM, Turkish minister discuss energy at D-8 Summit
Two sides discussed various issues pertaining to the energy sector
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Despite FTA, Pakistan struggles in trade with Malaysia
LCCI chief says exporters have failed to take advantage of agreement
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PBIT, China Railway Construction sign MoU
Agree to enhance cooperation in agriculture and allied industries
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Seminar stresses gender-inclusive economy
Organisers aim to inculcate entrepreneurial, business management skills in female professionals
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Exporters suggest early steps for kinnow shipments
Discuss with scientists prospects of disease-free banana varieties
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Weekly review: KSE-100 gains 5.62% as stocks stage massive recovery
Benchmark index rises 2,241 points, settles at 42,087.89
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$16.6b of cheap project loans remain unutilised
Long gestation periods, inefficiency lead to delay in release of funds
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Dollar set to lose value in the open market
Central bank agrees to ease greenback shortage in the currency market using its own reserves, say dealers
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Pakistan’s gems and jewels exporters drool over CPEC
Look to take advantage, aim to boost exports to $5b in three years
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Saudi Arabia says oil market improving, agrees with Iraq on compliance with cutbacks
The two countries began taking steps towards detente in 2015 after 25 years of troubled relations
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Rupee stable against dollar
The currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions
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SPI rises 0.46% for the week ended October 19
Compared to the corresponding week of previous year, the SPI for the combined income group rose 2.21%
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Domestic debt continues to mount, reaches Rs15.4tr
Share of short-term loans increases to half of total borrowing
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Current account deficit widens 102% in Q1
Analyst, however, does not expect sharp decline in forex reserves
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Work on Diamer-Bhasha Dam to begin in 2018
WAPDA chief says water, energy resources vital for national security
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HBL's profit decreases to Rs1.6b
Consolidated profit before tax for this period is Rs18.8 billion, with earnings per share of Rs0.87
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Govt considers action against banks to gain access to data
To enhance tax base, FBR seeks information about account holders; banks refuse
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SBP lauds improved security's impact on economy
Deputy Governor Jameel Ahmad was addressing a delegation of the National Security and War Course 2017
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Punjab plans to tax medical practitioners
Will cover all services while broadening the tax net
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Digital printing will spark revolution in textile industry: LCCI
Foreign firms display products for joint ventures with local companies
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Fauji Fertilizer profit drops 13.5% to Rs3.2 billion
Company declares cash dividend of Rs1.5 per share
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Market watch: Positive streak continues as index rises past 42,000
KSE-100 index gains 529.82 points to settle at 42,087.89
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Envoy assures easy access to EU
He stressed the need for increasing bilateral trade between the two countries
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Attock Refinery profit surges 75% to Rs1.22b
Earnings per share increase to Rs14.33 from Rs8.17
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KAPCO’s earnings slip to Rs2.18b
Dip comes due to increased short-term borrowing
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POL’s profit rises 15% to Rs2.64b in Jul-Sep quarter
Increased production, higher prices propel net earnings
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US inflation hits eight-month high
Spike in gasoline costs was likely tied to Hurricane Harvey
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SPI falls 0.72%
SPI for the lowest income group decreased 0.69% compared to the previous week
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Rupee unchanged against dollar
In the long run the rupee has stood firm after experiencing extensive volatility
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Fauji Fertiliser Bin Qasim earns Rs518m in 3Q2017
Higher DAP sales, significant cost cuts contribute to higher profit
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Fee dispute delays start of second LNG terminal
PSO asked to divert its LNG cargo to the new terminal for kicking off work there
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Pakistan fails to achieve desired results from GSP Plus
Experts call for addressing challenges faced in global market
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Overbilling will not be tolerated, says Leghari
Calls for transparency and merit in hiring, promotion in power companies
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Govt takes $450m loan to prop up sliding forex reserves
This is the third commercial loan Pakistan has acquired from Credit Suisse in the past five months
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CDWP clears Rs178 billion Malakand Tunnel project
Tunnel will link Mardan, Malakand and Chitral; serve as a trade route with Central Asia
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Chinese food delivery startup raises $4 billion
China's food delivery companies have spent heavily to bring users on to their platforms