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Delegation leaves for Italy to promote trade
Aims to bolster Italian investment in country from current $100m
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UK businesses urge to rule out ‘worst’ options
Financial markets already reacting to signs of ‘hard Brexit’
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Facebook launches app for event seekers
It lets people browse through happenings based on location, interest
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Outflows: China’s forex reserves fall to 5-year low
Country is selling foreign exchange to buy its yuan currency, analysts say
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Carpet exhibition: Expo attracts huge number of investors – foreign and local
Buyers from China, Turkey, Mexico, US and EU attended fair
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Perils of globalisation: Protectionism a scourge? Maybe not in Africa
Economic leaders ponder reason behind Sub-Saharan decline after years of free trade
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Passco: Audit finds evidence of irregular investments
Over Rs1.2 billion parked without inviting competitive bids
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PTA annual report 2016: Telecom sector revenue remains flat
Number of internet users on 3G/4G LTE networks doubled to 32.29m
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Special Economic Zones: Senate passes SEZ Amendment Bill 2016
Aims to reduce cost of doing business and encourage rapid industrialisation
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Port Qasim: Fotco, Trans Group pumping $25m for oil storage facility
Would have capacity of 100,000 tons and will be set up by March 2018
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IESCO now ready to buy electricity from consumers
Hopes this will end power shortage
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Pakistan seeks $1.7b investment for highway
Construction of Hyderabad-Sukkur section will start in the first quarter of 2017
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Market watch: Range-bound index finally finishes in the red
Benchmark KSE 100-share Index falls 51.69
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Pakistan expects cotton production to hit 11.39m bales
Punjab will contribute 7.3m bales to the total, Sindh's share would be 3.7m
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Moody’s maintains stable outlook on Pakistan’s banking system
Banks will continue to benefit from stable deposit base
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Fertiliser subsidy: Sindh and K-P remain stingy in contribution
Despite assurances, both provinces have failed to make deposit in SBP account
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Dissatisfied govt may shuffle second-tier of FBR
Tax machinery faces task of collecting Rs960b in three months to meet target
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This company rakes in more revenue than Apple and Microsoft
Vitol is the largest independent energy trader in the world
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Foreign exchange: SBP’s reserves increase 0.52% to $18.491b
The increase in SBP’s reserves is due to proceeds of $102 million received from IMF
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Permission granted: OGRA awards 20 licences for LPG stations
The sources informed that LPG stations could only be set-up on roads or highways
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Pakistan, Turkey: ICCI chief pushes for road, rail links
Trade potential can be increased, wants strong business partnerships
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Cement sales register growth of 3.55%
Eid holidays, new property valuations weakened domestic demand
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Development: Industries minister assures support to carpet sector
Emphasis should be placed on boosting exports
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OGDC MD’s appointment close to being finalised
Two of the four shortlisted candidates are OGDCL’s contractors
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Market watch: Volatile session concludes with flat result
Benchmark KSE 100-share Index falls 1.29 points
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Top HBFC man looks to clarify new lending portfolio
Low-cost housing will be company’s main “focus”, but other segments will be catered to as well
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Layoffs and recruitments expected in PIA
Spokesperson says exact number for each yet to be determined
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Ministry looks to pacify business community
Upcoming FTAs will be a win-win situation
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Karachi’s Green Line approved, cost revised upwards by 52%
Initially approved at Rs16.1b, it will now cost Rs24.6b
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Govt raises at least $1b through Sukuk bonds
Finance minister to announce details of the deal today
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Tax amnesty package to be tabled in NA
Fresh amendments could be proposed in the final draft of the ‘Income Tax (Amendment) Ordinance 2016
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Currency: Rupee stable against dollar
It came under pressure following heavy debt repayments to the International Monetary Fund
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Working environment: Minister assures labour rights protection
“Due to the efforts of laborer, our industries are not only functioning,” says Anisa Zeb Tahirkheli
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SECP: 22 show-cause proceedings initiated
These violations, among others, comprise failure to comply with legal provisions
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Market watch: Index continues ride in new territory
Benchmark KSE 100-share Index rises 129.49 points
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Corporate results: NCL posts Rs2.98b profit
The increase in earnings came on the back of 8% year-on-year (YoY) increase in revenue
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Chinese impressed with Pakistan’s craftsmen, designers
Delegation says Pakistani furniture has great demand in international markets
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UN FAO urges natural water resources’ security
Also stresses on capacity building of farmers, improving cereal crop production
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No changes in CPEC route, says Ahsan Iqbal
Censures malicious campaign against project aimed at political point scoring
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ICST chief concerned over Rs12b LNG sector circular debt
Despite assurances given to IMF govt fails to take meaningful steps to resolve problem
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Including agriculture: FPCCI stresses on exploiting full benefits of CPEC
Says membership of SCO will provide Pakistan access to larger export market
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Tarbela-4 extension: Govt looking to recover $51m from contractor
Amount was given as incentive for early completion, deadline will now be missed
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Pakistan invites Russia to join CASA-1000
Both sides also agree to negotiate on the 600MW Jamshoro gas-powered plant upgrade
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Foreign, local investors kick-start evaluation process of PSX
Sell-off of 40% stake would channel in private foreign funding besides improving PSX operations, says analyst
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Samsung's bio-drug unit to raise $2 bn in upcoming IPO
The firm makes biopharmaceutical drugs for major firms including Bristol-Myers Squibb and Roche
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Former BMW designer relaunches electric car effort
Relaunch comes after a high-profile bankruptcy by Fisker Automotive
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‘SBP committed to fostering microfinance sector’
Sector bigwigs share doubts and uncertainties at conference
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Commerce minister stresses on trade liberalisation
Interests of local business community will be looked after
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Iranian envoy expresses interest in CPEC
First Iranian bank branch will open in Karachi soon
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‘Chinese prefer Pakistan over Bangladesh or Vietnam’
PCJCCI President Wang says talks under way for possible repositioning

















































