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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
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Oil prices ease ahead of US Fed rate decision
EIA report suggests weekly draw in stocks was in line with estimates
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Rupee appreciates further to Rs293.88 vs dollar
Maintains winning streak for 11th consecutive working day
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Resumption of Thai Airways flights marks bilateral milestone
LCCI president says SIFC will facilitate investors through streamlined services
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Integrated planning to help resolve energy crisis
It will push up industrial growth, create export-led base and save forex reserves
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$4.5b external financing shortfall may rankle IMF
Unrealistic measures in budget lead to Rs1tr less allocations for interest payments
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Another tariff hike looms
CPPA requests increase of Rs1.8290/unit due to fuel adjustments
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Decision on borrowing cost put off
Energy ministry proposes change in borrowing rate for power projects
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Alvi urges collective efforts for social, economic advancement
Says active involvement of chambers, banking sector, and civil society a must
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Minister commends Malaysia’s growth
Reaffirms commitment to address international issues collaboratively
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Crackdown against gas pilferers continues
SNGPL disconnects 163 connections, imposes fines worth Rs4.2 million
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IT exports rise by 10% MoM
Information technology exports for August 2023 amounted to $235 million
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Pak Suzuki extends bike plant shutdown
Attributes decision to shortage of inventory
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Rupee hits 5-week high below Rs295/$
Currency propped up by improved supply of dollars in market
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OGDC makes gas discovery in Punjab
Finds reserves in Chak 214-1 well in Rahim Yar Khan
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Rupee surges Rs1.04 against US dollar as recovery continues
Buying and selling rates of dollar in open market stood at Rs295.6 and Rs 298.5 respectively
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Anti-smuggling drive lifts rupee further
Currency recovers for ninth straight day, reaches Rs295.95 vs dollar
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Energy affordability key to boosting economic growth
NEPRA chief underlines need for ramping up investment in reliable energy supply
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Govt committed to facilitating World Bank
Caretaker minister reaffirms commitment to sustainable economic growth
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China Evergrande shares tumble 25%
Police detain staff at company’s wealth management division
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Chinese manufacturers to help textile industry
Join forces with local agents to address challenges, introduce tech advancements
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PIA seeks moratorium on debt
Airline identifies need of Rs13b per month to make debt repayments on time
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Tankers’ strike disrupts petroleum supply
OCAC demands immediate intervention by Petroleum Division
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Banks may continue to make robust profit
Major expansion in balance sheet likely to be driven by investment in govt’s debt securities
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Record cotton production lifts textiles
Spikes 80% to 3.93 million bales in first two months of current season
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Global exhibit of IMARAT's vision 2047: Pakistan's trillion-dollar economic revival
IMARAT's "Vision 2047" aims to harness all 4.5 million land parcels by digitising the nation's 41 economic drivers
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Financial globalisation and WAPDA
Further reforms must be pushed on hopes power system will become efficient
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Missed opportunities of delayed oil refining policy
Proactive policymaking could have transformed Pakistan’s oil refining sector by 2023
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Water: The liquid lifeline facing climate crisis
Shrinking water resources owe their origin to urban centres, mostly due to urban sprawl
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$100b investment: pivotal essentials
Investment needs world-class project managers, experienced corporate leaders
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SIFC expectations and reality check
To make SIFC success story, Pakistan must draw lessons from past, especially from CPEC Authority
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Centralised Gateway Portal on cards
It will allow investors to open centralised digital accounts in no time
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PIA flight operations returning to ‘normal’
Finance ministry seeks privatisation plan
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Output to reach 50,000 bpd: OGDCL
Company adopts modern technology to reduce imports, save forex
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IMF to urge China to shift growth model
MD wants it to focus on domestic consumption, rein in local govt debt
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BRI: China’s food trade soars to $76.10b in 2023
Marks 162% increase since 2013 and 10.4% rise compared to 2022
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Power theft crackdown shows results: minister
Says circular debt in power sector is Rs2,500b, and gas sector is Rs2,900b