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In The News

Pakistan In Focus

Pakistan News

ECONOMIC TIMES OF PAKISTAN NTC seeks exemption from 8pc turnover tax National Telecommunication Corporation (NTC) has approached the government, seeking exemption from 8percent minimum tax on turnover. The Ministry of Information Technology and Telecommunication, in its request, informed the government …

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Ports & Shipping

Shipping News

More green ship recycling under way Ships’ demolition activity has been on the rise over the last couple of weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “We have witnessed several more units entering the market …

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Technology

Technology News

PAKISTAN NEWS: Pakistan receives $238.6 million from China mobile: The Government of Pakistan has received $238.6 million (Rs. 37.16 billion) from China Mobile (CM Pak) as a license renewal fee – a non-tax revenue. The license renewal proceeds have been …

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World Commodities

Commodity News

World oil prices decline Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the trade war between Washington …

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Gulf In Focus

Gulf News

GULF STATES – ECONOMICS & FINANCE Emirates launches special fares on UAE’S national day Emirates airline has launched special fares to mark the UAE’s National Day celebrations this year. A number of UAE residents will fly out of the country …

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Government Initiative

Government Initiative

*PM’s initiatives for financial inclusion and shelter homes Prime Minister Imran Khan launched the Financial Inclusion Strategy initiative under his government’s flagship poverty alleviation programme Ehsaas with Queen Maxima of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for …

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Pakistan In Focus

Pakistan News

ECONOMIC TIMES OF PAKISTAN Chinese investors keen to pour $2 bn into PSX Chinese investors have expressed keen interest in pouring at least $2 billion into Pakistan’s stock market. “Small Chinese stockbrokers having $52 billion in assets under management have …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index gains on stronger vessel demand The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched up on Wednesday, helped by stronger demand across all vessel segments. The Baltic …

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World Commodities

Commodity News

WORLD COMMODITIES TRADING World oil prices tumble on fresh trade tensions, record us crude output Oil prices fell on Friday, with US crude dropping more than 4%, on fresh trade tensions and record high US crude production, but they still …

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