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Pakistan, Romania eye deeper tech, innovation ties
EU-funded programmes, joint ventures, and AI research on agenda as both sides push for long-term collaboration
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IFC funds Oman solar project over US objection
Three other executive directors on IFC board abstained from vote onUnited Solar Polysilicon project
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Govt presses China on Gwadar plan
Urges COPHC to meet concession commitments, calls for clear timelines
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Gold prices drop in global, local markets
Rate for 10 grams declined by Rs257
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PSX closes in red as investors book profits
KSE-100 slips 264 points amid trade deficit, dip in forex reserves
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Timber traders urged to help grow forests
Only 1.9% of land comprises forest; far below national consumption needs
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Pakistan supplies seafood to Urumqi
First direct shipment cuts transit costs as inspection site reopens after 2 years
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Govt poised to unveil Digital Bill
New law will regulate online marketing, shield consumers from fraud
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Pak envoy visits Gansu to boost cooperation
Shows interest in aligning Chinese expertise with Pakistan's development goals
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Govt body proposes credit scheme for sick industries
Plan includes tax-linked loans, easier financing, and national commission
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Food prices push inflation to 1.73% YoY
Weekly SPI edges up 0.05%; grocery price volatility offsets relief from fuel cuts
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SBP injects over Rs1tr liquidity
Rupee gains for 3rd week; US gold futures hit record high on tariff jitters
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Overseas Pakistanis send record $3.2b
July remittances up 7% YoY; Saudi Arabia leads with $823.7m; US records 10% drop
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IMF social spending goal missed
Sindh, K-P, Punjab miss key targets as infrastructure projects get preference
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Pakistan risks losing investors: GSMA
IT minister skips key summit as GSMA flags high taxes, low spectrum access
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Govt approves pension hike for post-July 2025 retirees
Finance ministry confirms all federal pensioners will receive pension increase on equal footing
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PSX pauses at 145k after seven-week rally
KSE-100 index falls modestly by 264 points on dip in SBP reserves
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Panel proposes corporate tax cut, refund in 72 hours
Industrial Policy Committees suggest slashing tax rate to 26% in 3 years; call for export-friendly measures
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Cabinet exempts import of unregistered drugs
Allows import of essential medicines for use in hospitals, institutions only
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SBP reserves fall $72m on debt repayments
Total deposits stand at $19.5b; gold soars Rs2,900/tola
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ECNEC approves Rs1.5tr for 27 projects
Approvals in just 2-hour meeting raise questions over scrutiny, IMF compliance
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PRL to buy Nigerian Bonny Light oil
Refinery makes first such purchase amid shift towards cheaper options
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Record-setting rally continues at PSX
KSE-100 index adds 559 points as govt softens tax enforcement drive
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Self-meter reading app users rise to 1m
Initiative cuts power sector losses by Rs191b, prevents over-billing
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Pakistan refinery to import first Nigerian Bonny Light crude next month
500,000-barrel, light-sweet crude cargo expected to load later this month, arrive in Karachi by late September
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PSX’s record-setting rally continues on investor optimism
KSE-100 index adds 559 points as govt softens tax enforcement drive
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Govt moves to amend bankruptcy law to support struggling firms
They also recommended the inclusion of companies availing relief under SBP Circular No 29
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Govt raises Rs589b via securities
Rupee slips after 10-day rally to 282.67/$; gold gains Rs1,300/tola
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FPCCI questions infrastructure cess
Chawla offered to reduce the IDC to 1% and keep it at that level for three years
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Govt restricts FBR arrest powers
Tax officials must consult business reps before arrest; rollback seen as blow
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Chinese expertise to fuel dam development
Pakistani professionals undergo training in water conservancy technology
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Mills asked to comply with global conventions
ADB, APTMA explore opportunities for increase in textile exports
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PSX maintains record-shattering streak
Index powers past 145,000 on robust banking sector performance
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Body reviews Chinese projects
Plan for relocation of Chinese industries to be presented during PM Sharif visit
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Policy reforms urged to aid $1.2b gig economy
LUMS study shows potential for growth, calls for flexible labour laws, digital upgrades, and SME-friendly regulation
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Pakistan Mart to give exporters global access
Initiative aims to address logistical hurdles, lack of representation, and high commission fees paid to intermediaries
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Customs defends luxury car imports, denies money laundering claims
Chief collector says post-clearance audit report still awaited; reforms aim to speed up clearance, tighten checks
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SUV imported for Rs17,635, evading billions in taxes
Massive under-invoicing and money laundering uncovered in clearance of luxury vehicles
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PSX maintains record-shattering streak
KSE-100 index powers past 145,000 on robust banking sector performance
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Gold prices rise again in global, local markets
Price of 24-karat gold per tola rose by Rs1,300
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Recent structural changes in WAPDA pose challenges
New chairman will have to grapple with decisions taken by acting management
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Rs100b okayed for e-bikes, rickshaws
Govt to recover Rs122b from car owners to fund green vehicle scheme
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PSX's record rally continues on low deficit
KSE-100 index rises 985 points, powered by local and foreign inflows
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Chinese firm signs LoI to invest in free zone
New ventures aim to boost transshipment, industrial relocation, and port throughput
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Pakistan, China to deepen EV cooperation
Business conference in Sept will serve as platform to foster partnerships
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PHMA urges PM to reverse SRO 1359
Exporters say the changes will block billions in sales tax refunds
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PTCL fails to address CCP concerns over Telenor merger
Key questions on $1b investment plan, financial health, and tower strategy left unanswered