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Furniture markets worried over shortage of rosewood
Meeting held between stakeholders to discuss way forward
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Power production surges 48% in April, but load-shedding persists
Country produces highest volume of electricity with help of RLNG
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Pakistan will fail to achieve export target: FPCCI
Report sheds light on issues being faced by specific sectors
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Pakistan’s budget deficit soars to record Rs1.48 trillion
Surpasses annual target in just nine months, sparks questions over promise of fiscal discipline
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Currency could weaken to Rs125 to the dollar: Moody’s
Moody's says Pakistan’s susceptibility to event risk also ‘high’, driven by domestic and geopolitical risk
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China gives fresh assurance on CPEC financing
Beijing will continue concessional lending, says Ahsan Iqbal
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UAE offers ownership, 10-year residence visas for foreign investors, professionals
100% ownership announced to attract investors to boost slowing economy
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In soaring heat, farmers are paying the price
Shorter and warmer weather shrinking agricultural produce
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Market watch: KSE-100 breaks 6-session losing streak, ends marginally positive
Benchmark index rises 0.06% to finish at 41,648.65
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Customer-centric approach goes a long way in growing business
With abundance of products and services, customers are rightly demanding high level of services
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Joylong Pakistan to enter country’s light commercial vehicle market
Company, which claims to offer better prices, will initially import CBUs from China to test response
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Over-reliance on remittances may hit ability of industries, commercial entities
Pakistan must give priority to industry and export growth as it has a large population
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With CPEC, climate favourable for growth of IT start-ups
Public and private sectors are increasingly opting for software to run their systems
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Pakistan’s debt may be soaring, but it has its benefits
CPEC-related activity has led to double-digit growth in imports, but it has also helped push economic growth
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ICCI concerned over rising external debt
ICCI President said the previous government had resorted to heavy borrowing to meet current expenditures
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EU official in Iran to protect trade ties
European leaders have vowed to maintain the deal and introduce measures to encourage trade
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Engro Foods empowers farmers with Big Push project
Over the course of roughly one year, the project reached out to more than 11,000 individuals
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Emirates Group announces 30th consecutive year of profit
Emirates Group’s revenue reached AED102.4 billion ($27.9 billion), an increase of 8% over last year’s results
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Punjab unveils investment vehicle for SME financing
Will work through private equity and venture capital investments
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Despite CJP’s advice, govt refuses to extend NIRC chief contract
Cabinet believes it will set a bad precedent for ministries and divisions
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Huawei targets penetration, but manufacturing in Pakistan still a distant dream
Country head says technological difference main issue behind hindrance
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PTEA wants DDT incentive to continue
Industrialists say textile sector needs support to boost exports
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KSE-100 plummets 4.5%, marks highest weekly loss of 2018
Political uncertainty and deteriorating conditions on the economic front dented investor sentiment
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Foreign currency reserves remain persistently on downhill course
At $10.79b, they now cover less than two and a half months of imports
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World Bank to invest $460m in road from Peshawar to Afghan border
Project aimed at bolstering trade between both countries and creating job opportunities in war-torn areas
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As security concerns subside, Pakistan’s tourism portal attracts traffic
China’s Alibaba also invited Find My Adventure for eFounders Fellowship
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OGDCL launches tree plantation campaign
Five thousand trees will also be gifted to District Government Attock for its Green Attock Program
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Pak-Suzuki contributes to hospital
Pak Suzuki MD, CEO, Executive founder member of the burns centre and other officials specially attended the ceremony
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ADB, Punjab look to harness potential
Javed emphasised the importance of building and improving the public and private sectors
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SPI rises 0.31%
Compared to the corresponding week of previous year, the SPI for the combined income group rose 2.70%
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Rupee stable against dollar
SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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APBF expresses concern over soaring trade deficit
The Pakistani rupee has weakened around 10% against the dollar since December last year
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Diversify export base, envoy tells Pakistan
Ambassador of Spain says country needs to focus on value addition
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Sindh govt comes up with relief package for taxpayers
Cuts penalty and default surcharge substantially, gives immunity from arrest
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Pakistan’s current account deficit widens to record high
Amounts to $14.03b in 10 months of ongoing fiscal year
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Govt refuses to revoke PSO-PNSC oil supply deal
With curbs on furnace oil imports, PSO does not see need to keep agreement in place
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Pakistan receives $9.2b in foreign loans, but reserves still plunge
Tally increases cumulative borrowing during PML-N govt to over $44b
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Market watch: KSE-100 falls 246 points in sixth successive negative close
Benchmark index drops 0.59% to finish trading at 41,623.52
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PayPal buys payments startup iZettle for $2.2b
The company said that its biggest acquisition to date would strengthen its platform for handling payment transactions
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Attention needed: Mango growers feel the heat as Pakistan tackles climate change
Production was 50% lower last year with issues continuing to hinder sector
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Cigarette manufacturers: Audit report not yet ready as deadline draws closer
AGP spokesperson insists audit will be completed in line with PAC directive
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Poor state of affairs: NEPRA seeks report on power breakdown
Says blackout exposes fragile stability, reliability of the system
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SNGP, SSGC: Govt allows recovery of Rs18b losses from gas consumers
Move could push up gas tariff
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Corporate Corner: Free medical camp organised by NBP
Medical aid was provided to 850 patients under the supervision of expert doctors and paramedical staff
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Sustainable Development Goals: ‘Rural strategies central for growth’
Effective rural development strategies are central in achieving Sustainable Development Goals
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Currency: Rupee stable against dollar
Since December, the rupee has cumulatively shed close to 9% of its value
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From Gwadar-Kashgar: Crude oil pipeline requires $10 billion investment
FWO requests Petroleum Division to sign agreement to secure investment
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Pakistan puts off tax concession for Chinese operator of Gwadar Port
Officials point out PM Abbasi wants the decision to be left to the new government
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Foreign exchange: SBP's reserves plunge 3.26% to $10.8b
Statement cites no reason for the alarming decrease
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Market watch: Sentiment stays bearish, KSE-100 dives 432 points to close below 42,000
Benchmark index drops 1.02% to finish trading at 41,869.65

















































