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Sports activities can help spur economic growth
PSB official urges businessmen to organise sports events to attract foreign investment
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Regulation of G-B tourism on cards
Tourism dept wants to divert attention of visitors to places other than Gilgit, Skardu
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Government urged to remove hurdles to medical equipment import
Importers lament problems arising from DRAP’s licence condition
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Mastercard to open up network for cryptocurrencies
Asset manager BlackRock Inc and payments’ companies Square and PayPal have also recently backed cryptocurrencies
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Global regulators back plan for climate risk disclosures body
Some initiatives for disclosures have often misled investors
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Govt to set up Tax Policy Unit
Body will highlight revenue leakages, suggest measures to boost tax collection
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Automobile sales jump 46% in January 2021
Increase comes on back of higher demand during the month
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Jordan keen to boost trade with Pakistan
Envoy urges local entrepreneurs to explore investment opportunities in his country
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Bangladesh set to outpace Pakistan’s auto sector
Industry officials say policymakers should take cue from Dhaka’s auto policy
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SBP reserves fall $82m to $12.9b
Decrease comes due to external debt repayments
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Govt asked to declare cotton emergency
LCCI officials say fall in crop production affecting economic chain
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs159.07 in the inter-bank market
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CCP slaps Rs150m penalty
CCP has imposed a penalty of Rs150 million on Reckitt Benckiser Pakistan Limited
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Businesses dismayed by lockdown
German retailers are currently losing around 700 million euros ($849.17 million) every day stores stay closed
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Ordering IPPs forensic audit govt’s ‘prerogative’
The Power Division noted that no right of the government would be affected
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Oil retreats further as demand fears set in
OPEC lowers demand forecast; IEA says market remains oversupplied
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Banks introduce ATM receipt fee
It opens new avenue for banks to improve earnings, cut costs
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Market watch: Trading volume hits 16-year high at PSX
Benchmark KSE-100 index drops 30.48 points to settle at 46,644.29
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Power tariff hiked by Rs1.53 per unit
Increase comes on back of monthly fuel cost adjustment for December 2020
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OGRA approves 2% tariff hike for SNGPL consumers
New gas price will apply to consumers in Punjab and K-P
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SBP modernises forex rules
New policy will help attract FDI through holding companies of fintechs, startups
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Sindh govt to set up 200MW power plant
Solid waste will be used to generate electricity in environmentally friendly manner
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Experts urge Pakistan to join RCEP
Partnership will help country to participate in global, regional supply chains
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Bank deposits grow 16.5% in one year
Most businesses, individuals opted to save money amid Covid outbreak
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Govt to improve broadband services in Waziristan
Authorities are working to resume fixed-line broadband services in region
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs159.31 in the inter-bank market
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Foreign exchange: SBP reserves fall $82m to $12.9b
Decrease comes due to external debt repayments
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Oil drops after strong rally as new Covid-19 variants weigh
IEA says global oil supply is still outstripping demand over Covid-19 lockdowns and spread of virus variants
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Market watch: Stocks dive with trading in over 1b shares
Benchmark index drops 588.77 points to settle at 46,055.52
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Oil in longest rally in two years
Brent crude has risen for nine sessions in a row, its longest sustained period of gains since Jan 2019
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs159.34 in the inter-bank market
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Pakistan to produce energy from waste
Chinese waste recycling model getting support
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SBP mulls relaxing rules for start-ups
Move will allow firms to raise convertible debt from abroad
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Cabinet scraps Mari dividend cap
Decision will help fetch better price for 18.4% govt stake in company
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Pakistan ranks 3rd in govt support for SMEs
Survey reveals many enterprises were facing cash flow, raw material shortage
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FrieslandCampina Engro reports Rs177m profit
Company had posted a loss of Rs954.9m in 2019
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Private firms to import LNG by April
SAPM informs ADB about progress on reforms in petroleum sector
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Market watch: KSE-100 ends slightly lower in turbulent session
Benchmark index sheds 47.10 points to settle at 46,674.77
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Oil hits 13-month highs on supply cuts, weak dollar
Saudi Arabia is curbing supply in February and March prompting forecasts of supply deficit this year
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Rupee strengthens against dollar
The rupee strengthened against the US dollar at Rs159.56 in the inter-bank market
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CCOE approves pipeline allocation
Capacity allocation to encourage investment, provide level playing field to LNG terminals
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Mandviwalla for preparing charter of economy
Says economic policies should not be changed on political grounds
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CDWP approves four schemes worth Rs6.8b
Recommends one project worth Rs43.3b to ECNEC for review
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Sindh farmers await wheat policy
Growers concerned as crop harvest to begin in two weeks
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Trade deficit widens 21% to $2.6b
Increase comes on back of rising imports to support industrial, agricultural activities
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Pakistani investors urged to inject capital into AJK
AJK president cites industry, agriculture, hospitality as potential areas for investment
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Govt to reduce tariff on inputs
Ministry of Commerce to reduce tariff on raw material to steer economic growth in the country
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NPMC reviews price trends
Directs district administrations to monitor prices of chicken, edible oil
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Electric carmaker Tesla invests $1.5b in bitcoin
Announcement helped push cryptocurrency to all-time high
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Govt to set up body to retrieve land
Will establish Land Asset Management Authority to recover 1,200 acres of CAA, Pak Railways












































