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PTA extends cellphone registration deadline
Senate panel says consumers will suffer; asks why no action has been taken against dealers
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Abraaj founder offered businessman $20 million to buy influence with Sharifs: WSJ
Correspondence between Abraaj execs and Sharif aide uncovered by WSJ
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Fixed tax sought for small businesses
Government should categorise taxpayers and offer them incentives in accordance with the taxes paid, he emphasised
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Financial inclusion can raise GDP by 2%
At present, there are around 100 million Pakistanis who do not participate in the formal banking system
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Rupee weakens against dollar
The central bank has said that the drop of 7.5% in the rupee’s value
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Government decides to undertake tax reforms on fast track
Umar says govt is ready to amend laws for implementing TRC proposals
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Foreign currency remittances resume
Both inward and outward remittances had suffered
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Hubco to acquire over one-third stake in ThalNova Power
Power plant is being set up at a cost of $498.3m; expected to start production by June 2021
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Govt to unveil 5-year growth strategy next month
Will scrap local government system, empower village councils
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PM aide calls for expanding trade with China and Japan
Dawood says Pakistan is losing its share in regional markets
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Supplementary budgets back in cabinet’s hands
Finance Minister Asad Umar returns his discretionary powers in line with SC’s historic verdict
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Oil imports may reach $20b if prices stay at current level
Shell CEO suggests oil credit facility should be extended from 30 to 90 days
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CDWP clears seven schemes of Rs283 billion
Sends Peshawar metro bus project for ECNEC’s approval at 38% higher cost
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Market watch: Stocks bounce back as KSE-100 surges 984 points
Benchmark index increases 2.68% to settle at 37,647.34
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Toyota raises car prices by up to Rs350,000 from Jan 2019
Decision comes after 7% devaluation of rupee against US dollar
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Swiss SMEs keen to enter Pakistan’s market
MoU signed for increasing bilateral trade, encouraging investment
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Startup brings vehicle trackers with preventive checks
They provide internal information of vehicles, track drivers’ behaviour
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HBL president comments on Pakistan’s dialogue with IMF, CPEC and digitalisation
Muhammad Aurangzeb was invited as the only CEO representative of the Pakistani banking sector
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Rupee weakens against dollar
The rupee weakened against the dollar at Rs133.59/133.78 in the inter-bank market
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Huawei unveils Mate 20 Series
The product is one of the most highly anticipated smartphone series of the year
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International Steels’ profit drops 16% to Rs841m
Cost of sales rose which squeezed profit margins
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Punjab slashes tax on imported cars
Expands the tax base by bringing insurance sector under PRA
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Govt imposes duty on cheese, mobile phones and 568 other products
Step taken to generate additional minimum revenues of Rs20 billion
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Shell seeks to secure profit margins in dollar
Rupee’s depreciation has left devastating impact on businesses, particularly those relying on imports
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PTI government to deal with arrears of Rs1.4tr
These were on account of circular debt and food subsidy
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‘Inevitable’ electricity tariff hike put off for now
ECC approves to supply subsidised gas to five sectors that will cost taxpayers Rs63.5 billion
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PM appoints old friend as special aide on investment
This is the third appointment for investment portfolio as FDI remains markedly lower in Pakistan
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Govt moves ahead with plan to turn PM House into university
Forms working group to fine-tune charter of proposed institute
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Huawei unveils Mate 20 Series
Latest devices set a new bar by which all 2018 smartphones will be measured
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Market watch: Stocks fall as early gains wiped out
Benchmark index decreases 104.19 points to settle at 36,663.38
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More banking executives pull out of Saudi investment conference
High-ups of media and technology industries have already withdrawn from the event
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Govt to take decisive steps on power tariff hike soon
ECC approves supply of subsidised gas to five export-oriented sectors
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Pakistan-Iran trade committee on the cards
Officials from two countries discuss expanding rail connections, providing relief on trade of food items
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Iran finds investment avenues in Sindh
'Many Iranian companies and entrepreneurs displayed their products in the expo'
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DIB Pakistan posts profit of Rs1.8b
The bank has achieved sustainable growth in its financing portfolio
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ICCI seeks focus on renewable energy
Points out that the installed capacity of solar and wind power across the world had increased o
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Pakistan, Russia agree to extend validity of $2 billion deal
Understanding between two sides was going to expire today
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Govt decides to amend LNG terminal agreements
Decision comes after allegations that terminals are getting a higher rate of return
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Businesses need to work on export promotion, job creation
Survey shows majority of firms reported growth in domestic sales, exports
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Govt agrees to review taxes on shares trading
Stockbrokers meet finance minister, blame high taxes for market’s downturn
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ABAD suggests significantly lower cost for 5m houses
Chairman says PM’s housing vision can be achieved at a cost of up to $50b
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Law division approves imposing Rs182b additional tax
FBR had sent drafts of SROs for increase in regulatory, additional customs duties
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Pakistan, China may sign deal for investment in agriculture
Under the agreement, surplus produce will be exported to China
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ECC likely to approve up to 26% hike in power tariff
Price being revised due to rise in power generation cost and net hydel profit payment
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Govt starts tax drive without empowering FBR wing
Issues notices to nearly 340 potential dodgers without doing proper profiling of cases
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Rupee loses ground, weakens 1% against dollar
Market talk suggests currency will settle between Rs135 and Rs140 by mid-Dec
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China supports IMF evaluation of Pakistan's financial situation
Foreign ministry spokesperson says loans under CPEC account for a low proportion
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China bemoans 'confusing' US signals but holds hope for a Trump-Xi meet
China's Ambassador says his country is growing frustrated in trade talks because of conflicting signals
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Market watch: Stocks bleed as index plunges another 750 points
Benchmark index decreases 2% to settle at 36,767.57
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Ethanol – a solution to Pakistan’s power woes
Economies need to look for infinite and less harmful sources
of energy