Business
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IMF pours cold water on Punjab’s cheap power plan
The International Monetary Fund (IMF) has slapped Pakistan with a slew of new conditions regarding energy subsidies and provincial budgets…
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Bulls dominate PSX over financing hopes
Despite exhibiting significant volatility, the Pakistan Stock Exchange (PSX) on Thursday notched up notable gains, powered by positive triggers such…
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Tech event projects $500m in investments
The three-day 25th ITCN Asia 2024 concluded on a positive note, with the event projected to generate over $500 million…
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Finance minister unveils new incentives for foreign investors amid push for external financing
Finance Minister Muhammad Aurangzeb announced new policy measures on Thursday aimed at enhancing Pakistan’s investment environment and attracting foreign investors,…
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Pakistan awards $2 billion KKH contract to China
Pakistan on Thursday relaxed bidding rules to directly award a $2 billion contract to China for the construction of a…
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No decision on Roosevelt sale model
The Privatisation Commission (PC) board again could not take a decision on the privatisation mode of Roosevelt Hotel, New York…
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Federal cabinet greenlights merger of 82 state-owned enterprises
The Federal Cabinet has approved recommendations submitted by the Rightsizing of the Federal Government Committee for the merger and dissolution…
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PSO records surprising gains
The marketing and sales of imported liquefied natural gas (LNG) in Pakistan have become a profitable business after the government…
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FBR agrees to revise tax scheme in response to traders’ demands
The Federal Board of Revenue (FBR) has expressed its willingness to amend the tax scheme according to the demands of…
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Govt fails to secure $9b loan rollovers
An official report on disbursement of foreign loans confirmed on Tuesday that the government was unable to secure $9 billion…
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