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Pakistan, Germany to revise deal for avoiding double taxation
Agreement will help promote economic cooperation
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Petroleum crisis looms as prices soar globally
90% petroleum products imported, with only 10% production taking place domestically
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Rupee continues winning streak, gains Rs1.06 against US dollar
With the latest surge, PKR cumulatively regained almost 6% or Rs17.30 in the past 15 working days to date
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$150m ‘energy efficiency’ loan okayed
Of this, Rs858.6m to be used on counter-terrorism initiatives
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Minister calls for unified supply chain
Stresses to establish robust regulatory framework to combat artificial price hikes in food items
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Health ecosystem faces critical issues
Roche MD says people with rare diseases often find themselves outside of healthcare system
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Govt mulls privatisation of 10 Discos
Explores full privatisation, management transfer as solutions to sector’s woes
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Rupee reaches six-week high, stands below 291/$
Gains momentum in wake of improved foreign currency supplies
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Govt warned of rise in rebar prices
Steel producers seek review of surging energy tariffs to save industry from collapse
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Pakistan introduces eco-friendly VLSFO
Move allows resumption of fuel supply to vessels after four-year hiatus
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Minister urges strict price control measures
Expresses zero-tolerance policy towards hoarding and profiteering
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UK companies keen on investing
PM assures global firms of fulfilling IMF commitment
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Is the worst behind Pakistan’s economy?
Caretakers’ groundwork for addressing challenges will help incoming govt
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Conflicting forestry, wildlife management paradigms
Policies are conservative that do not consider sustainability aspects of forests, ecosystem
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Other biogas uses: fertiliser and cold chain
In addition to meeting energy needs, biogas has other benefits as well that can boost both rural and urban economy
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Revamping power sector with deregulation
In Pakistan, problems in one sector can lead to circular debt in another
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In situ urbanisation to reduce disparity
It will equip rural areas with resources for improved living standards, growth
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Cooperation with China, Arab states in BRI sought
NBP highlights agricultural potential, investment opportunities at China-Arab Expo
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Preferential treatment for industries
Ministry proposes special tariffs, moratorium on loan payments to SIFC
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Govt urged to renegotiate capacity charges
Businessmen ask for halt to sales tax collection, reduced tax on electricity
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WTO asked to address ‘non-market’ practices
13th ministerial meeting of WTO is scheduled for February 26-29
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No action against political appointees
Besides LESCO, PDM govt appointed MPs’ relatives on two other DISCOs
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EU has no intention to decouple
The bloc posted record bilateral trade with China last year, but it is “very unbalanced”
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Pakistani fintech eyes UAE market
Over 450 local companies have adopted Abhi’s products
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PSX rallies over string of positive developments
KSE-100 index gains 668 points, closes at 46,421
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Retail sector to set up outlets abroad to boost exports
To focus on strategies and initiatives to foster export-led growth
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Partnership with global businesses sought
Foreign minister highlights resilience of country’s market in the face of challenges
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‘Elites struggle to capture resources’
British economist says status quo is untenable, harmful to Pakistan
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Govt debt securities to be listed on PSX
Caretaker finance minister says listing will foster credit market’s growth
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SIFC sparks Iranian interest
Envoy says expansion of border markets, barter trade mechanism will bolster bilateral ties
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‘Interim govt’s measures will stabilise economy’
Akhtar assures PBC of reducing power tariffs, establishing independent tax policy unit
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Nepra approves Rs3.28/unit hike
New quarterly adjustments will add burden of Rs135.5 billion on consumers
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Rupee strengthens further
With currency gains, inflation and petroleum prices may come down
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Weekly inflation spikes nearly 1%
Food, oil price surge fuels inflation in week ended Sept 21
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IT sector grappling with brain drain
Experts say substantial percentage of those leaving possess tech expertise
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Minister urges swift progress on CPEC
Says working groups on infrastructure to meet soon
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Plants accused of overcharging for low-quality coal
Revelations emerge at public hearing sparking concerns over quality, transparency
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Govt vows to break nexus of cartels
Underlines the need for developing strong coordination between federal and provincial governments
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Govt rejects hefty duties on imports
Says move will undermine negotiations with EU for GSP Plus scheme
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Gas shortages likely to persist
Minister says even operating at full capacity, two LNG terminals are insufficient
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SBP brings incentives to attract remittances
Offers cash reward, higher TT charges to banks and exchange firms
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Govt woos investors to inject capital into startup fund
Taking steps to set up 5,000 e-working centres for freelancers
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Rupee reaches 5-week high
Stands at 292.78/$, gaining almost 5% in the past 12 consecutive days
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Forex reserves rise by $56.4m to $7.7b
No reason cited for increase in foreign currency assets
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Carateker govt sees dollar at Rs260 soon
Commerce minister urges people holding dollars to release them into the open market
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Aquatic product exporters eye expansion in China
Registered new species under second phase of China-Pakistan FTA
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Rice exports expected to exceed $3 billion in 2023
Stakeholders urge inclusion of rice as product in all FTAs
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SBP grants approval to five digital retail banks
Aims to meet financial needs of underserved population
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Defaulters owe DISCOs over Rs2tr
Govt only concerned about circular debt, focuses less on habitual defaulters
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Pakistan to face highest inflation
ADB report predicts fourth lowest growth rate among 46 regional economies