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Despite growing need, foreign loans plunge 37% to $930m
These include commercial loan of $170m from a consortium led by Credit Suisse
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ECC delays decision on power tariff hike for fourth time
Power Division fails to come up with plan for loss reduction, improved governance
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PM directs ministry to reduce electricity tariff
Also urges measures to curb power theft, line losses
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Govt offers incentives to raise remittances
PM approves measures to encourage overseas Pakistanis
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$3.78b Dasu dam loan may get lapsed, warns World Bank
Minister says former govt misled people about acquisition of land for project
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Market watch: KSE-100 ends three-day winning streak in volatile trade
Benchmark index decreases 84.85 points to settle at 38,345.42
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President calls for promoting export industry
Urges businessmen to participate in boosting tax culture
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Delayed gas-power plants set for final checks
After that, they will begin commercial operations
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Sindh govt gives Careem, Uber a week to get registered
Over a year ago, the ride-hailing companies had agreed to get their services registered, but to no avail
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Unpopular decisions needed to put economy on right path
Pakistan requires competitive export industry by diversifying beyond rice, leather and cotton products
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Bank of Punjab’s asset quality expected to improve remarkably: report
It meets minimum capital requirement for continuing operations
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Low focus on impact key weakness of governance structure
Country should devise new governance framework to improve people’s lives
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Finishing the job of ending poverty in South Asia
Though tremendous progress has been made in effort to end poverty, last leg of the journey will be the toughest
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Pakistan needs to go for high value-added export basket
Capital inflows in form of export receipts are less than outflows in shape of import payments
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MOL starts work on Mardankhel-3 gas pipeline
The project is a mega gas pipeline project in Hangu, Khyber-Pakhtunkhwa (K-P)
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Moody’s cuts Italy credit rating on debt, deficit concerns
Brussels demands Italy slash spending, public deficit to pare down debt pile
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Fauji Foods aims to keep at least 25% shares
Yili Group of China has expressed interest in acquiring up to 51% shares in Fauji Foods
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Finance minister stresses need for economic independence
Without this, he says, national security cannot be achieved
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Hamdard CEO wins ‘CEO of the Year’ award
Qureshi joined Hamdard Laboratories (Waqf) Pakistan in February 2017
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Pakistan may continue to breach debt limit for next 10 years
Bank says one of the reasons for breaching the FRDL ceiling could be ambitious fiscal targets
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KSE-100 recovers 2.4% after losing ground for three weeks
Clarity on economic front, attractive valuations help instill investor confidence
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Worst is over for Pakistan’s beleaguered economy: Umar
Insists current account deficit will come down to $12 billion in the current fiscal year from $18 billion in FY18
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Govt clueless about economy, says Bilawal
PPP chairman says ‘PM Select’ is pushing country towards economic meltdown
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Asad Umar maintains positive outlook on economy
Speaks to stockbrokers at the PSX, assures of reviewing high taxes on shares
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Insurance ombudsman briefs president about performance
President Alvi expressed satisfaction over the institution’s performance
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NBP partners with Microsoft for technological progress
'Microsoft is committed to working with NBP to modernise its technology infrastructure'
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SPI decreases 0.14%
SPI for the lowest income group decreased 0.21% compared to the previous week
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OGRA raises minimum charges for gas consumers
Govt offices, hospitals, schools, commercial units to pay more
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Distribution system needs $5b investment
Assures the minister that China would continue to complement Pakistan's efforts to reform and expand its energy...
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Engro Corp’s profit surges 38% to Rs6.8b
Robust sales, contribution by fertiliser business aided growth
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PBC suggests increase in exports of bikes, cement to Sri Lanka
Overall, the advocacy group identifies 20 products that can push up exports
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Banks to conduct biometric verification in 3 phases
Aim is to combat money laundering, terrorist financing
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Honda jacks up car prices by up to Rs100,000
Rates will again be increased in January next year
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Govt mulling over export of surplus wheat
Is also working on a plan to enhance wheat support price
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Engro challenges govt decision on renegotiating LNG contract
Earlier, cabinet decided to conduct an audit and renegotiate terms with LNG terminal operators
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Early exit from FATF grey list unlikely
Islamabad still not complying with 70% of recommendations
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Iran wants barter trade with Pakistan
Gives Islamabad first preference in trade with neighbours
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Market watch: KSE-100 makes smart recovery after impressive corporate result
Benchmark index increases 448.02 points to settle at 38,430.27
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After much confusion, cabinet removes SECP chairman
Earlier Hussain, despite being sacked 10 days ago by finance minister, attended office
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TDAP discusses fisheries’ exports
A meeting was held at the Trade Development Authority of Pakistan
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Bank AL Habib declares pre-tax profit of Rs9.92b
The board of directors of Bank AL Habib Limited announced financial results for the nine-month period
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SBP calls 6.2% economic growth target ambitious
Says narrowing current account deficit will remain a big challenge
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OICCI considers Pakistan ‘hidden jewel’ for investors
Its members have reinvested over $2.7b in the country in past one year
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Mari Petroleum’s profit surges 42% to Rs5.1 billion
Earnings per share also surged by 42.3%
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Minister calls for improving role of foreign trade offices
Move will provide job opportunities to graduates abroad
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Despite big Chinese investment, FDI drops 43% to $439.5m
Foreigners hold back investment plans as they await clarity on economic front
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Moody’s terms IMF bailout crucial for Pakistan
Ratings agency says the bailout will help meet external financing needs of $30b
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Imran has not lost hope on Saudi aid
PM will undertake two-day visit to Riyadh from Oct 22
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Foreign exchange: SBP's reserves fall $219m, stand at $8.1b
Decrease of 2.63% attributed to external debt servicing, official payments
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Market watch: Buying momentum leads to 335-point gain in KSE-100
Benchmark index increases 0.89% to settle at 37,982.25