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Pakistan’s horticulture exports to China have potential to reach $1b
PFVA gives suggestions to govt for promoting sector during PM's visit to China
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LPG price reduced by Rs15 per kg
Consumers likely to get uninterrupted LPG supply this winter
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Cabinet refuses to allow LNG import from Turkey
Does not give nod for inking amended deal, saying Ankara is not an LNG exporter
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Rupee depreciation against SDR massively hits Pakistan’s finances
Central bank’s profit dropped 26% in FY18 mainly due to the currency’s fall
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Finance minister dissatisfied with FBR’s tax widening drive
Seeks explanation; FBR assures him of producing results by month-end
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Pakistan will not ask China to reschedule $3b loans: Bakhtiar
PM’s visit to China is aimed at boosting economy and assuring Beijing of commitment to CPEC
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Foreign exchange: SBP's reserves fall $48m, stand at $7.78b
Decrease attributed to external debt servicing, official payments
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US charges financier, former Goldman bankers for 1MDB
Prosecutors announce Tim Leissner, former partner for Goldman Sachs in Asia, pleads guilty to money laundering
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Market watch: KSE-100 endures directionless trading amid lack of triggers
Benchmark index increases 66.74 points to settle at 41,716.10
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Germans vent Volkswagen fury in mass 'dieselgate' suit
Consumer association accuses company of deliberately harming clients
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PPIB attracts $16.7b investment
The minister was told that the PPIB was currently processing the most diversified portfolio of its history
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Industry urges government to stop sale of illicit cigarettes
Illicit trade costs exchequer Rs40-50b annually
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Pak Suzuki jacks up car prices by Rs40,000
This is the fifth time in current year the company has raised vehicle prices
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Karachi needs $10b to build infrastructure
World Bank official says city has been neglected for very long period of time
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KSE-100 marginally higher in volatile trading
Benchmark index increases 40.33 points to settle at 41,649.36
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CCOP removes PIA, Pakistan Steel from privatisation list
Drops proposal of divesting shareholding in two blue-chip petroleum companies
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NEPRA imposes Rs2 million fine on K-Electric
Says utility failed to restore power supply in time; K-Electric to file for review
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FBR misses tax collection target by at least Rs80 billion
Receives Rs1.1tr in first four months of FY19, up 6.7% from last year
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Ease of Doing Business index: Pakistan’s ranking improves by 11 notches to 136th position
Jump attributed to reforms undertaken by previous federal and provincial govts
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Govt okays Rs5 per litre increase in petroleum prices
Finance ministry statement says Ogra had recommended an increase of Rs 9.02/litre in the price of petrol
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Market watch: KSE-100 marginally higher in volatile trading
Benchmark index increases 40.33 points to settle at 41,649.36
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Spain keen to expand bilateral ties with Pakistan
Spanish official stresses diversifying exports by exploiting opportunities in other fields
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Driving development through telecom
The solution to the problem lies in shifting more focus on telecom sector
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Emirates offers over 1,000 movies
The films are in addition to TV box sets and music giving customers over 3,500 channels of on demand entertainment
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SCB study reveals social mobility is booming in Pakistan
The average figure for social mobility among the emerging affluent across the markets in the study is 59%
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Experts advise tunnel farming
'Impossible for the farmers to grow summer vegetables like cucumber, tomato and watermelon manually during the winter'
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Rupee weakens against dollar
This was the fifth round of massive depreciation of the Pakistani currency since December 2017
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SECP approves new tech-based life insurance product
The product is the classic duplet of digital innovation and improvement in customer experience
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OGDC board recommends controversial candidates
Proposed officials are service providers, while criteria is to select from E&P sector
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Fatima Fertilizer’s profits rise 7% to Rs2.77 billion
The increase in profit jacked up earnings per share from Rs1.23 to Rs1.32
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11 profitable entities shortlisted for sell-off
PC drops all bleeding companies like PIA and PSM from its active list of privatisation.
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OGRA recommends price hike of up to Rs13 per litre
Increase suggested due to significant depreciation of rupee against dollar
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Pakistan’s export potential too low to sign an FTA with Thailand
PBC director says import potential is very high with Bangkok being in trade surplus
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Govt to downward revise rate of return on electricity projects
Currently, Nepra offers rate of 14-17%, new rates are worked out to be in range of 12.50-16%
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PC out to hunt defaulting buyers of state enterprises
Privatisation Commission to approach investigative bodies for recovery of Rs4 billion worth of dues
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Petroleum prices likely to go up by Rs13 per litre
Increase suggested due to significant depreciation of rupee against dollar
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Market watch: KSE-100 index advances 155 points amid choppy trading
Benchmark index increases 0.37% to settle at 41,609.03
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RCCI delegation visits Guangdong
A joint strategy could help Chinese and Pakistani companies cash in on the golden opportunity
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Traders oppose random balloting
The traders opposed random balloting for tax audit describing it as another door for corruption
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Rupee weakens against dollar
This was the fifth round of massive depreciation of the Pakistani currency since December 2017
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Lucky Cement’s earnings drop 24% as sales volume dips
Company makes profit of Rs3.16b in Jul-Sept 2018 quarter
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PPL’s profit increases 5% to Rs13.8b
Rise comes mainly due to a notable surge in net sales
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PSO’s profit drops 17% due to high finance cost
Earnings are higher than expectations amid Rs2b in inventory gains
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Many US firms in China eyeing relocation
Considering such move as trade war bites into their profits
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Italy considers Pakistan ‘promising destination’
'Italy could also cooperate with the government in its ‘Naya Pakistan’ housing programme'
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FY17 and FY18: Audit reveals Rs143b loss suffered by four power firms
Poor bill recoveries and electricity theft cause revenue leakage
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Atlas Autos to invest $20 million in chain production plant
Signs MoU with Japanese Daido Kogyo for producing CAM chains for Honda bikes
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Officer removed for refusing to release Qatari vehicles
Shaukat Ali, a grade-21 officer, was serving as Customs Intelligence director general
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Market watch: KSE-100 jumps 897 points ahead of PM's visit to China
Benchmark index increases 2.21% to settle at 41,453.76
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Pakistan's banking system witnesses another cyberattack
Central bank temporarily restricts use of ATM cards of affected bank for overseas transaction