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Freelancers seek govt-association collaboration for IT park success
Say consultation will ensure effective resource utilisation, address challenges in boosting exports
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IBC invites Pakistani investors
Sydykov highlighted that Kyrgyzstan offers a promising investment landscape
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MNCs witness over 3-fold surge in profit repatriation
Foreign firms transfer $759.2m abroad in first eight months amid improved reserves, stability
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SIFC to push ahead with plan to develop chip industry
Govt needs to offer tax incentives, other facilities to encourage foreign firms
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PIA Holding Company approves Rs268b debt restructuring
Govt aims to privatise airline by June 11th, with bids invited as early as next week
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PIA sell-off, IMF loan send PSX to new high
KSE-100 index surges 641.51 points, settles at 66,547.79
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Turkmenistan concerned over delay in TAPI pipeline
Oil minister stresses Pakistan’s commitment to advancing project
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Rupee extends rising streak into 9th day
The currency has cumulatively gained 10.41%, or Rs28.95, in the past six and a half months
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HCSTSI chief decries poor infrastructure
Calls for public-private partnerships, and urgent action on canal pollution
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Energy supply chain under threat
PSO seeks payment of outstanding dues of Rs550 billion for LNG supply
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Minister urges speedy work on Gwadar plant
Said supply of electricity is essential in Gwadar and no delay will be accepted
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PSX extends gains, nears 66,000 mark
KSE-100 index rises 380.63 points, settles at 65,906.28
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Local cement dispatches likely to surge 10-14%
Year-on-year decline of 3% to 7% projected
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PIA board approves privatisation plan amid IMF talks
Commits to govt target of June 2024 for sell-off, aims to fetch $250-300m
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Iraq, oil firms trade blame over pipeline
Iraq owes Turkey payments as long as the pipeline is technically operational
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OCAC backs old price mechanism
Urges OGRA to revert to old methodology that considered prevailing dollar rate
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Rupee appreciates slightly to 278.12/$
Maintains winning streak for 8th straight day on better dollar inflows
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Stocks rebound on World Bank loan approval
KSE-100 index gains 373.82 points, settles at 65,525.65
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Competitors raise concern over telecom merger
CCP says reservations about PTCL-Telenor merger can delay due diligence
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Govt urged to protect auto industry
PAMA’s Khan says import of used vehicles has increased by staggering 641% this year
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SIFC approves setting up of largest IT park
To be established in Islamabad’s G-10 sector, covering area of 3.3 acres
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SLG first logistics company to list on PSX
Slated to offer 50 million shares at minimum (floor price) of Rs12 per share to raise Rs600 million
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Banks to get preferential treatment
Govt mulls settling high interest on $88m PIA loan without restructuring
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China adopts quality growth model
Pakistan can learn a lot from Chinese experiences to take economy to new highs
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Billions can be earned via agri-trade liberalisation
It will be realised under SIFC umbrella as protectionism bears no fruit
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Will provinces shoulder Pakistan’s debt burden?
Political parties will resist such measures as they disrupt free lunches and lavish spending
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IMF programme: is there an alternative?
PM can say no to new IMF loan, start domestically owned ‘Reform and Growth Programme’
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Priorities for new government
While digitalisation is imperative across all depts, it is most critical for FBR
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Experts urge cybersecurity focus
Offer practical solutions to avert internet shutdowns which cost millions per day
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‘Longer IMF programme could lead to debt trap’
Dr Ashfaque Hasan Khan warns against IMF dependency, calls for domestic reforms
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World Bank okays nearly $150m loan
Includes $78m for digital economy enhancement, $71.7m for barrage upscale
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India extends ban on onion exports
Traders anticipated lifting of ban as local prices have more than halved since export restrictions were implemented
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PSX rises gradually in topsy-turvy week
KSE-100 index gains 335 points, or 0.5% WoW, settles at 65,152
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Qatar Fund eyes Pakistan’s power, housing sector
Cheema hopes to strengthen cooperation in development of mega projects in water sector
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Sindh governor for facilitating businessmen
Insists business community has solutions to all economic ills
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Govt to offer OGDCL shares to Gulf investors
Pakistan hopes to get better price from Saudi Arabia, UAE, Qatar and Kuwait
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Curbing illicit tobacco trade: a key IMF condition
It will generate more revenue, raise tax-to-GDP ratio
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Railway track missing in port terminal revamp
Shipping of thousands of containers is impossible only through road transport
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Pakistan, IDB finalise $200m loan agreement
Funds to be allocated for flood rehab, housing, water, healthcare, benefiting 1.3m people
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$300m Panda bonds planned
Aim is to tap into Chinese market, diversify funding sources
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PRGMEA urges TDAP to return TEXPO 2024 to Lahore
Highlights importance of provincial capital for global trade showcase
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Stocks succumb to selling pressure
KSE-100 index loses 265.57 points, settles at 65,151.83
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Inflation slows to 22-week low
Significant decrease in vegetable prices pulls down SPI reading
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Rupee surges to new five-month high at Rs278.14/$
Currency’s momentum sustained by growing forex reserves, potential Panda bond issuance
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CCP finishes Telenor merger review
Report to be finalised next week; merger unlikely to cause market distortion
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Retailer tax registration launched
SIFC to monitor progress on compulsory scheme, incentives for advance payment
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Experts warn against internet shutdowns
Suspension of services results in financial losses, disruptions, lament industry leaders
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‘Aggressive’ funding for nuclear energy needed
Dar calls for support from global financial institutions in developing initiative
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Phase 2 of CPEC accelerated with new economic corridors
Collaborative efforts aim to fast-track development initiatives, enhance regional connectivity
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Pakistan eyes $300m by selling Panda Bonds to Chinese investors
Selling Yuan-denominated debt would allow Pakistan to diversify its funding sources, says Aurabgzeb