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Shaheen Air adds fifth Airbus A319
A319 is a short to medium range aircraft with a capacity of 150 passengers
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1.6m people book fresh currency notes through SMS service
Booking will be closed after hitting the limit, which is expected by June 20
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PM to visit Tajikistan for talks on energy, defence
He may attend CASA Summit during the trip that will take place next month
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Energy reforms: ADB, Pakistan ink $300m agreement
Programme envisages improving reliability, affordability and sustainability of energy sector
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Industry official urges effective export strategy
Blames load-shedding for declining trend of exports
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SECP allows brokers to fund share purchase
Regulator makes amendments to in-house financing regulations
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WB approves $223m with focus on banking services, Karachi
Aims to expand financial services in Pakistan, improve living conditions
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PIA slashes Eid fares by 25% on domestic routes
Spokesman says booking for such tickets has already started
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Market watch: Losing streak continues as KSE-100 falls to lowest in six months
Benchmark index dips 584.17 points to close at 46,858.56
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Doing business in Pakistan
The World Bank may have recognised Pakistan to be among 10 economies that have made improvements
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Exploring Options: Delegation to visit US business expo
The exhibition will allow Pakistani companies to explore different products
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Work on Right Bank Outfall Drain-II to start soon
Cost rises from Rs14b to Rs62b due to delay in release of funds
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Exporters call for payment of duty drawback claim
Their working capital has been stuck with FBR for past many years
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ABC concerned over lack of initiatives to broaden tax net
Says despite some favourable aspects, additional levies nullify all benefits
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Facilitating Tourists: PTDC to introduce new measures
Identified medical tourism, trekking and mountaineering expeditions as high potential areas
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Currency: Rupee remains stable against dollar
The currency market has fluctuated regularly in recent months
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SBP’s reserves fall 2.61%, amount to $15.3b
Net reserves held by banks amounted to $4,861.5 million
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PSO, Attock Petroleum: Joint venture builds fuel storage at new airport
It will supply fuel for Hajj and regular commercial flights
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LCCI fears ‘whistle-blower’ rules will spoil business climate
Asks govt to hold consultation before implementing the regulations
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PM directs probe into change in status of power plant
Govt’s liability will increase as Fatima Energy is converted from a captive power plant to an IPP
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Consumers suffer as misuse of govt subsidy goes unchecked
USC staff often has a role in pocketing subsidy and fleecing consumers
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ADB approves $300m for power sector reforms
Loan will provide support for the sliding forex reserves over the short term
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Market watch: Amid JIT proceedings, KSE-100 index ends another session in red
Benchmark index dips 165.91 points to close at 47,442.73
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Turkey is now offering complimentary seven-day transit visas to Pakistanis
Applicants must have valid visas for their final destination
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Careem closes $500m Series-E funding led by Diamler, Saudi prince
Dubai-based ride hailing service is valued at $1billion
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Govt coins new term for public debt
Change in definition will wipe Rs2 trillion off government’s books
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Monetary and Fiscal Policies Coordination Board: No meeting convened despite worry over external accounts
SBP Act 1956 binds ministry to hold meeting every quarter, last one was held in Sept 2016
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Ensuring Coordination: SBP, CCP sign MoU
Agreed to share information based on research conducted on different industries of Pakistan
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Currency: Rupee strengthens against dollar
The currency market has fluctuated regularly in recent months
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Pakistani Mango: ‘Exports rise as standards maintained’
Qgriculture department was also conveying modern technology to farmers
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SHC charges Admore CEO with contempt of court
He fails to appoint a shareholder as the company’s director
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Laying new pipeline: ECC likely to allow gas utilities to borrow Rs175b
Pipeline from Karachi to Lahore will carry 1.2 bcfd of imported LNG to consumers in Punjab
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Thar Block II to be completed ahead of schedule
SECMC chief says 40% in mining and 33% progress in power projects achieved
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PAAPAM urges reversal of decision to disband EDB
Terms body critical for growth of industrial and auto sectors
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SBP grants approval for NIB Bank’s merger with MCB
Deal taking place through a share swap arrangement
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Taxes in this province are higher than the rest
OICCI members ask provincial govt to provide level playing field
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Shanghai Electric reaffirms commitment to acquire KE
Despite development, K-Electric’s share price drops 3%
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Pakistani rickshaws make their way into Japan
Sazgar Engineering exporting its three-wheelers to foreign market
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Market watch: Stocks succumb to profit-taking, index falls below 48,000
Benchmark index dips 462.40 points to close at 47,608.64
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Baskin-Robbins ice cream chain coming to Pakistan
The popular chain aims to open 35 shops across the country
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Govt looks to appease investors amid bloodbath at stock market
New CGT rates will apply to shares bought on or after July 1, stocks bought before will be treated under old regime
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Pakistan debt servicing cost balloons to Rs15 trillion
New fiscal year’s borrowing is 44% more than the outgoing year
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Pakistan shelves $2b LNG project
Move comes as Gulf countries severed ties with Qatar for allegedly supporting terrorism
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ICST urges govt to focus on SMEs
The organisation identified lack of access to adequate and timely financing as the major bottleneck hampering growth
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Tourism: PTDC facing increased demand
Improved law and order situation has opened up Pakistan’s northern hilly areas
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Currency: Rupee strengthens against dollar
The currency market has fluctuated regularly in recent months
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Five-year agreement: PSO signs fuel supply deal with Railways
Will provide Rs15b worth of petroleum products in 2017-18
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NTDC connects 147MW plant to national grid
Power generation will be raised to optimal level after testing
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Loan infection ratio declines, SBP report reveals
Non-performing loans stood at Rs604b in Jan-Mar, down 2.42% year-on-year
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TDAP shifts focus towards non-traditional markets
Says policy meant to reverse declining trend of exports

















































