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Finance minister unveils new incentives for foreign investors amid push for external financing
Aurangzeb emphasises government’s commitment to improving the investment climate in Pakistan
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Petrol prices set to drop by Rs2.97/litre from Sept 1
Expected relief to.come in response to global oil market fluctuations.
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Govt to overhaul nepotism-hit Fis
Finance minister to receive briefings on operations of these firms today
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Strike cripples hives of trade activity across Pakistan
Businesses protest new tax measures; shutter-down inflicts financial loss of over Rs50 billion
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Govt vows not to bow to traders' pressure, insists retailers must enter tax net
We will not shy away from negotiations, but we will not come under the traders' pressure, says Rana Ihsan Afzal Khan
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FBR agrees to revise tax scheme in response to traders' demands
A key amendment includes simplifying the income tax return form and issuing it in easy-to-understand Urdu language.
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LHC stay order halts collection of fixed electricity charges after appeal from companies
Nine companies argue that LESCO imposed fixed charges without obtaining necessary approvals from the cabinet or NEPRA.
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Refineries at risk amid surplus imports
OCAC criticises OGRA's import approvals; calls for immediate enforcement of local procurement rules
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PBF criticises govt tax policies
Malik condemned the government's practice of issuing advance tax notices to both registered and unregistered traders
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Govt to boost IT ecosystem for economic growth
Highlights Digital Pakistan Policy as roadmap for digital transformation
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Provinces asked for GCI land leases
SIFC-backed corporate farming initiative aims to draw foreign investment
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Rupee hits five-week high at Rs278.32/$
Currency gets boost from prospective Saudi investment, new loans
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Govt eyes $4b from ME banks
SBP governor says govt is in 'advanced stages' of securing $2b to meet IMF conditions
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PSO records surprising gains
Govt's gas price hike helps LNG become profitable, SEOs avoid circular debt
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Privatisation of power utilities sought
Experts say regulator must facilitate private entities to enter market
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Economic uncertainties trigger profit-taking
KSE-100 index drops 486.82 points, settles at 78,084.23
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Govt fails to secure $9b loan rollovers
IMF package delayed as international lenders rollover only $426m
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Aurangzeb vows to attract foreign investment amid economic, security challenges
Pakistan has relied on loan rollovers from allies, along with IMF, to meet its external financial obligations
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Rising power tariffs, IPPs cause mass frustration
Stakeholders say IPPs are only partly to blame, call out govt policies, CPEC IPPs
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Israel paid Google for campaign to discredit UNRWA: report
Campaign aimed at damaging UNRWA’s reputation and reduce donations apparently ended after WIRED inquired about it.
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Stocks dip as earnings season nears its end
KSE-100 index falls 230.37 points, settles at 78,571.06
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Businesses urged to expand exports to Malawi
Malawi’s Honorary Consul General urges Karachi to diversify exports with high-demand non-traditional items.
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Urgent maritime reforms sought
Veteran industrialists call for policy overhaul, reduced port charges
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Sports goods sector promised tax relief
The government is steadfast in its commitment to reducing the tax burden on exporters.
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Rupee gains as govt pushes for IMF approval
Strengthens by Rs0.08 as country secures financing, plans debt rescheduling
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Hubco reveals plans for mineral mining
Further diversifies business, enters into JV for exploration of mines
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Power tariff raised by Rs1.9 per unit
Consumers will bear total burden of Rs46b for 4th quarter adjustment
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Government urged to protect PIA jobs
At least two bidders have expressed a preference for new contracts over retaining current employees.
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Kuwait secures 15-year natural gas supply deal with Qatar
QatarEnergy will supply three million tonnes of LNG a year under the deal, says Kuwait Petroleum Corporation
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Amazon employee earns huge paycheck for doing almost 'nothing'
An Amazon manager openly shared his intention of doing 'nothing' while earning a generous salary.
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Debunking misconceptions about CPEC energy projects
Without CPEC, Pakistan's economic situation would be even more dire
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Is there any economic recovery plan on cards?
Plan must be multifaceted, addressing challenges while laying groundwork for structural reforms
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Firewalls: threat to digital ecosystem
Protests by dollar-earning freelancers a sign situation is dire
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Recession scare for US economy
Taking cue from US, Pakistan must regularly monitor labour market trends
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Envisioning electric dreams on four wheels
AZAAD-E is a four-wheel urban electric vehicle developed indigenously by a group of Pakistani innovators
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Oil, gas depletion trend reverses
New finds, rise in available reserves boost lifespan of hydrocarbon deposits
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China exports first batch of broiler eggs
Landmark shipment marks strengthening agricultural trade
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Cabinet approves merger of printing firms
Green-lights appointment of three female members on PC board
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Real agenda is to revive economy: Hussain
Minister calls for improving raw material output, boosting exports
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Swiss minister calls US-EU debt 'time bomb'
Warns of global financial risks, defends UBS capital rules amid concerns over US, European debt
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Sesame exporters achieve breakthrough
Win big orders from Chinese firms, likely to become top suppliers
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Coworking spaces face 60% loss
Internet disruptions, instability push tech firms to relocate, investors shy away
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Gold hits record high at Rs263,700/tola
Global market uncertainty, economic speculation drive surge in prices
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$1.2b loan from Saudi Arabia sought
Finance Minister Muhammad Aurangzeb urgently seeks new financing for approval of IMF bailout
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SPI recedes to new 27-month low
Short-term inflation slows down to 16.69% in week ended Aug 21
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Pakistan urged to tap indigenous coal
Experts advocate Thar coal use to cut imports, stabilise energy costs
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Pakistan seeks Turkish expertise to enhance aviation industry
Finance Minister, Senator Muhammad Aurangzeb meets Chairperson of Pegasus Airlines, Mehmat T. Nane.
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Traders announce nationwide strike on Aug 28
KCCI joins forces with traders to demand immediate relief from govt's tax burden