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First shipment made to Uzbekistan under TIR
Consignment, routed through Afghanistan, consists of herbal medicines
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$400 million loan agreement for K-P signed
Funding will help improve resource management for educational, health services
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Indirect taxes drive FBR revenues
Revenue board collects Rs3.78tr in 10 months due to increased reliance on sales tax
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Lebanon launches first electric car despite crisis
Production of up to 10,000 vehicles is hoped to start later this year in Beirut
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Big Wall Street names anticipate pause in rally
Warn of tougher market ahead as investors try to determine future strategy
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TDAP urges businessmen to explore new markets
CEO laments visits of trade delegations to foreign countries suspended for past one year
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IT exports soar 58% during March 2021
Covid-induced surge in freelancing activities steers rise
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Pakistan’s footwear sector demands incentives
Urges govt to formulate policy to increase industry’s share in global markets
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US closes inquiry into Pakistani firm
State Department was investigating two oil shipments of refinery allegedly from Iran
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SC admits petition on debt burden
Seeks enforcement of law binding govt to limit public debt to below 60% of GDP
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New Covid wave drags PSX down
Index falls 600 points as investors fear another round of nationwide lockdown
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Are we doing sufficient digitalisation?
Poor struggling with technology adoption due to lack of skills, resource constraints
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Autonomy with accountability
Some form of supervision of regulators is necessary but not by a ministry
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Pakistan’s auto sector: growth comes at a high cost
Touted as backbone for economy, companies have added little value to their imports
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Importance of investment in quality infrastructure
ADB estimates $1.7tr a year is needed to bridge infrastructure gap in Asia
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Pandemic destroyed fewer US businesses than feared
Fed study shows less than 200,000 businesses may have failed during first year of Covid-19
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EU poised to unveil green-friendly investment list
Classification system seeks to define durable economic activities and green finance
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Fungus unlikely to disrupt mango exports
Farmers urge govt to focus on increasing export efficiency
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FBR, World Bank agree to enhance cooperation
Discuss difficulties being encountered while implementing reform interventions
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Imports hit near three-year high
Wheat, sugar, oil, gas remain major contributors to increase in March 2021
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Political upheaval keeps gains subdued
Rising cases of coronavirus infections, protests across country take toll on investor sentiment
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CCOE extends tariff scheme for textile sector
Approval will provide relief of Rs26 billion to industry
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Rs435.7b extended to businesses under TERF
Scheme was introduced to help businesses continue investment plans despite Covid-19
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ECC may approve PPA amendments
Move will free three LNG-based power plants from 66% guaranteed offtake
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Cryptocurrencies: a $2-trillion market
Digital currency increasingly attracts interest from big names on Wall Street
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Rupee weakens against dollar
Rupee weakens against dollar
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Car sales record triple-digit growth in March
Sharp rise comes due to lockdown in March last year that restricted economic activity
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Sugar mills feared to face financial crunch
Association laments sugar price has been fixed below production cost
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Pakistan’s LSM sector grows 7.45%
Increase will help offset impact of poor cotton production in agriculture sector
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OPEC sees rising oil demand
Plans to lift output on expectations of growth rebound
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Govt working to promote innovation in industries
Minister says survey being carried out to identify factors hampering progress
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Skills – a safe shortcut to development
Govt should declare ‘education emergency’, substantially increase TVET budget
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Shifting into new trade paradigm
Rebound in exports, imports suggests economic conditions are improving
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Cotton output crash a policy failure
Policies needed to boost harvest, otherwise import bill will rise significantly
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Bureaucracy: the missing link
Civil servants will be unable to deliver until right man is put to right job
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KSE-100 rises 2% in volatile week
Rising Covid infections, developments on economic front limit gains
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Ministry seeks to rehire workers
Around 262 PARC employees were terminated on grounds of illegal appointment
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Industrialists oppose further rise in energy tariff
Official says it will turn Pakistani products uncompetitive in global market
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Over 60% workers paid below minimum wage
Speakers lament no implementation of minimum wage law in Pakistan
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KSE-100 dives 2.7% as Covid cases rise
Stocks battered as fears of lockdown and impact on economy intensify
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Govt waives taxes on foreign loans
Cabinet writes-off income tax on over $3b worth loans lent during past one year
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Ministry moves summary on payments to IPPs
Government had put release of funds on hold following investigation
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Traders demand single digit tax rate
Suggest setting up warehouses at borders to uplift trade with neighbouring countries
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Bulls dominate on resumption of IMF deal
Contraction in current account deficit, stability in rupee also drive sentiments
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Construction projects behind target
Over 1,000 projects worth Rs355b have been registered under tax amnesty scheme
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Cooperation between Sialkot, China stressed
Speakers recommend establishing JVs, developing e-commerce
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Bank deposits grow 17% to Rs17.25tr in Feb
Lending to private sector improves amid partial revival in economic activities
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Govt urged to formulate business-friendly budget
PRGMEA calls for steps to promote industrialisation in its proposals for FY22
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Public hospitals
With a shortage of doctors, dentists and nurses, instead of increasing the health budget, the govt has only reduced it
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Importers mislead on LPG prices
CCOE report shows they sought to make additional gains at cost of exchequer