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Turkish investors urged to invest in K-P
Mineral, tourism and agri sectors offer immense potential for investment
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Intel to spend $20b on new plants
It will invest $20 billion in building two new plants in Arizona
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Foreign exchange: SBP reserves rise $275m to $13.3b
Central bank cites no reason for increase
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Oil falls as demand concerns outweigh Suez Canal disruptions
Market was worried about prospect of extended lockdowns in Europe, disruptions to vaccine distribution
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Market watch: IMF loan approval helps KSE-100 ascend
Benchmark index rises 181.97 points to settle at 45,726.17
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Traders lament low mango exports to US
Say mango exporters failed to take advantage of US GSP facility for 10 years
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Private sector may be included in Senate panels
Upper house chairman assures businessmen of full support in resolving key issues
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Wealth managers still in crypto ‘education mode’
Demand for emerging asset class has grown among larger investors
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Investors seek ‘back to the future’ trades to beat inflation
Expectations of coming US economic boom worry bond fund managers
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Foreign inflows in securities surge
Investors pour money in T-bills and PIBs amid rising rate of profit, rupee stability
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Auto parts vendors seek govt help for expansion
Stakeholders demand clear policy to pave way for investment in sector
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Global oil prices tumble 4%
Brent crude futures were down $2.56, or 4%, to $62.08 a barrel by 12:16 pm ET
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Government-funded vaccine programme to cost Rs726b less
PIDE study asks govt to fund vaccination plan to protect economy from losses
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Points of Sale linked with EDS
Metro Pakistan, in collaboration with FBR, has completed the integration of all its Points of Sale
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Recovery prospects uncertain: IMF
Trade volumes could grow 8.5% this year and 6.5% next year
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Govt-bureaucracy ties bristle with tension
Asad accuses civil servants of disregarding PM’s directive on uplift schemes
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Pakistan sees 30% growth in Islamic banking assets
Increase in assets, deposits highest since 2015 and 2012 respectively, says SBP
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Oil rises as Suez Canal ship runs aground
Fears of slow recovery in demand due to European lockdowns limited gains
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Market watch: Stocks extend gains with 137-point rise
Benchmark KSE-100 index advances 0.3% to settle at 45,544.20
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Govt mulls ways to recover LNG cost
Circular debt continues to mount due to diversion of LNG to domestic consumers
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Japanese carmakers assess impact of fire at chip plant
Fallout on carmakers can spread beyond Japan to auto firms in Europe, US
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Lira sinks after Erdogan fires top banker
Officials try to stem carnage as currency lost nearly 15% against dollar
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Global stocks hesitant over Turkish turmoil
Asian and European stocks were mixed after largely negative pre-weekend lead from Wall Street
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Current account deficit shrinks 75%
Current account deficit shrinks 75%
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Farmers oppose ban on wheat movement
Say it will lead to high prices in some parts, cause losses to growers in other areas
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Pak Suzuki Motor Company’s loss contracts 46%
Surge in other income and tax reversal steer decline
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PTA directs firms to improve services
Authority chairman points out signal quality issue being faced in congested areas
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Pak-UAE council announces steps to boost trade
Chairman stresses need for new roadmap to meet needs of UAE market
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs155.85 in the inter-bank market
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SBP changes rules to boost investment
The changes in SBP regulations would enable banks/ DFIs to make higher investments in REITs
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‘Green Line BRT should start by Aug’
The government is taking measures to expedite the Green Line Bus Rapid Transit (BRT) project
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Oil falls more than 3% as Covid curbs point to demand hit
Continental Europe tightens coronavirus measures and further restricts mobility
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Autonomy for SBP: a boon or bane
Many have raised fears about its impact on economy, country’s sovereignty
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Pakistan’s trade: entering into new era
Given capacity constraints, exports are likely to stay around $2 billion
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Economy faces structural issues
Efforts to address a few structural problems complicate things in other areas
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Low-cost housing projects in full swing
Centre collaborates with Punjab, K-P, Balochistan to meet housing target
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Women and financial inclusion
Access to finance empowers women by creating economic opportunities
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High spirits, undying hope and thinking out of the ‘box’
Shehryar shares his journey from losing his job of 15 years amid pandemic to running a flourishing business
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Current account deficit shrinks 75% in February
Contraction comes due to growth in foreign income rather than reduction in expenses
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Oil steadies on demand recovery hopes
Nearly a third of French people enter month-long lockdown while Germany extends Covid-19 restrictions
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Market watch: KSE-100 continues ascent, crosses 45,000
Benchmark index jumps 1.13% to settle at 45,407.33
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Importers mislead on LPG prices
CCOE report shows they sought to make additional gains at cost of exchequer
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Coinbase pays $6.5m to settle false charges
US CFTC fines firm for reporting misleading transaction data
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German firms urged to explore Pakistani market
Ambassador assures of making all-out efforts for promoting bilateral trade and investment
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Turkish president sacks central bank chief
Decision comes one day after sharp increase in interest rate
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KSE-100 snaps three-week losing streak
Index rallies 1,113 points as investors cheer ease in political turmoil
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FDI can spur construction sector
Official urges govt to make local environment conducive for overseas investors
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Bangladesh envoy calls for diversification
Says intensive market research, frequent exchange of trade delegations can boost trade volume
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Businessmen decry reports of new taxes
Expresses reservations over govt’s plan to impose taxes worth Rs290b
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Japan provides single largest grant-in-aid of Rs6b
Funding aims to improve water treatment and distribution system in Faisalabad