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Car prices may go down by Rs300,000 in budget
The government is considering tax measures in the budget that may result in reducing prices of the car up to Rs 300,000 in Pakistan. At present,…
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Pakistan complies with 31 FATF recommendations
Pakistan has achieved a compliant/largely compliant rating in 31 out of 40 FATF Recommendations in Technical Compliance Asia Pacific Group (APG) on Money Laundering has published…
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Nepra opposes rules to implement uniform electricity tariff
Aftab Ahmed Islamabad: National Electric Power Regulatory Authority (NEPRA) has opposed modification in electricity tariff rules to eliminate subsidy within the Industrial, Commercial, and Bulk Consumers.…
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SECP’s company’s incorporation up over 100%
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,597 new companies in May 2021, witnessing a growth of 107 % as compared to corresponding…
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PPL to revalidate oil, gas exploration investment in Iraq
The Economic Coordination Committee (ECC) on Wednesday allowed Pakistan Petroleum Limited (PPL) to revalidate the feasibility of investment for oil and gas exploration activities in Iraq.…
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Guidelines on Mutual Fund Digital Platform notified
ISLAMABAD: In continuation with its efforts to promote digitization and broaden the investor base in the Non-Banking Finance Services, the Securities and Exchange Commission of Pakistan…
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Wateen Pakistan, Huawei to upgrade Data Network
Islamabad: Wateen Telecom Pakistan, a leading ICT company with a fiber infrastructure across 250 cities in Pakistan, has signed an agreement with Huawei Pakistan to modernize…
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Pakistan’s exports up by 14% during July-May 2021
Pakistan’s exports increased by 14% to USD 22.563 billion during Jul-May 2021 compared to USD 19.801 billion in Jul-May 2020. Imports in Pakistan have always been…
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Coal prices have reached to 10 year high
The global coal prices increased due to a rebound in global economic activity post-outbreak of COVID across the globe. The majority of this incremental demand is…
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Topline raised ICI Pakistan target price to Rs,1,130
Topline Securities has initiated coverage on ICI Pakistan Limited (ICI) with a ‘Buy’ rating and a Dec-2021 Target Price (TP) of Rs1,130, offering a potential total…