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PSX invites entrepreneurs for low-cost trading rights
Brings ‘online only broker’ category for startups, fintechs, others
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Rupee falls to five-week low
Woes continue as currency hits Rs286 against dollar
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Caretakers bet on LNG to tackle winter gas crisis
Decision to provide expensive LNG to avert gas crisis
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Delegation visits industrial park to foster cooperation
Park has agricultural industry chain and integrates research, development, production, sales, and leisure tourism
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Steps underway to boost blue economy
World needs to stop irresponsible exploitation of oceans: PCJCCI
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Oil prices fall 3% to 2-1/2-month lows
Analyst says traders on high alert for signs of wider conflict emerging in ME region that could disrupt supplies
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Electric bikes gain traction
Experts urge govt to formulate comprehensive policy for EVs
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Strict T&T system a must: tobacco industry
Only 2 cigarette manufacturers implemented Track & Trace by deadline, lament representatives
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Steel rebar prices raised up to Rs5,000 per ton
Industry revises prices after significant increase in gas tariffs
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Pakistan eyes $600m Chinese loans
Negotiations at advanced stage, financing may be released by next month
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Handicrafts making headway in China
Pakistan-based brand selling hand-made scarves and carpets sees growing popularity
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Tesla to build 25,000-euro car in Germany
Musk had long planned to make a more affordable electric car, but said in 2022 he had not yet mastered the technology
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Oil up as Saudi Arabia and Russia stick to supply cuts
UBS strategist says supply cuts can go on until Q1 of 2024
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Experts call for power sector reforms
Emphasise need to reduce cost of electricity production, revise tariff structure
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Current account deficit forecast cut by $2b
Pakistan tells IMF economic growth will be in range of 3% to 3.5% this year
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Exports to China soar
Data from SBP reveals exports to China reached $633.374 million during July-September 2023-24
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IT experts advocate for national payment system
Urge govt to build local system along with entrance of PayPal, Stripe
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Rupee hits 1-month low, IMF talks weigh
Currency has dropped around Rs8.5 vs dollar in past 11 days
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KE plans ambitious 640MW renewable energy initiative
Aims to diversify Karachi’s energy mix, drive down costs and reduce environmental impact
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Construction sector’s contribution to pollution
Govt should develop policy, force sector to comply with green management activities
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How digital transformation impacts businesses?
PwC report says digitalisation can help Pakistan increase GDP per capita by 3-5% over three years
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Rethinking Pakistan’s export strategy
Asking the right questions, focusing on productivity, global competitiveness is key
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Export competitiveness in auto sector
Industry is mainly inward-looking with negligible exports
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SIFC must prioritise private sector
Privatisation and attracting FDI are two fundamentally different processes
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IMF talks uncover major gaps
Govt seeks assistance over and above current IMF programme
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‘US-Africa trade must be more than symbolic’
Says US trade chief as US looks to reduce reliance on China Policy
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Slow job growth sparks stock rally
US two-year yields were the lowest since early September after the data
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Gold soars to one-month high
Middle East crisis sparks investment frenzy as price hits Rs214,600 per tola
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US solar panel boom threatened by imports
Factory plans may be cancelled on new Asian production capacity
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In a remarkable rally, PSX breaks record
Benchmark KSE-100 index gains 2,179 points, settles at 53,123
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High-powered US delegation visits LCCI
Shows keen interest in building economic collaboration
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Canton Fair: a lucrative platform for trade
Pakistani firm looks for doing more business with China, entire world
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Bike dealers demand price cut as sales slump
Make appeal to assemblers because high inflation causes 80% fall in demand
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Pakistan’s first local currency venture capital fund launched
Sai Venture Capital aims to raise $10m from local investors, fuel startup culture
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Co-digestion of textile sludge, livestock waste urged
Experts say move is cost-effective way to produce renewable energy, fertiliser
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Indonesia urges enhanced trade
Trade volume between the two countries stands at US$4.5 billion currently
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SBP, Arab Fund alliance to ease cross-border remittances
Integration of Raast with Buna to simplify payments through official channels
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Cement dispatches decline by 5.78% in Oct
Export dispatches surge by 97.33%, increasing to 715,028 tonnes
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Cotton production jumps by 83%
Farmers demand implementation of govt support price
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FBR cautions IMF about Rs9.4tr tax target
Explains risks to target from stronger rupee coupled with low imports
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Weekly inflation sees uptick of 0.71%
Pakistan’s benchmark monthly inflation (CPI) reading hit a 10-month low at 26.9% in October
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Power industry calls for release of vital reports
Say it is crucial for decision-making, including impending privatisation of DISCOs
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Rupee continues to slide on 10th day
Reaches one-month low above Rs284/$ at the interbank
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Banks must guard against faster bank runs: BoE’s Hauser
Bank of England says banks must retain adequate financial buffers to avoid increasing risk of bank runs
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Global stocks set for best week in a year
Investors cheer pause in US interest rate hikes as they await employment data
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FBR asked to up revenue to Rs15tr
Finance minister expresses dissatisfaction on Rs9.4tr collection, terms it low
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Easier Saudi visa policy sought for IT industry
IT minister meets envoy to discuss mutual interests
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Govt may block NICs of smartphone loan defaulters
Unanimous decision aims to discourage defaults, foster greater smartphone adoption
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WAPDA grants contract for Naulong Dam
Agreement signed with Dolsar and Mott McDonald, ADB providing financial support
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As tariff spikes, traders seek Rs400b relief package
They say bailout will help industries cope with high gas prices