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Tahir Amin

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S&P cuts credit rating to 'B-' from 'B'

The Standard & Poor (S&P) Global Ratings has lowered its long-term sovereign credit rating for Pakistan to 'B'- from 'B' on diminished growth prospects, elevated external and fiscal stresses, amid an ongoing deterioration in the country's broad macroecono
Published 05 Feb, 2019 12:00am
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Number of 3G, 4G users reaches 61.61 million mark

The number of 3G and 4G users in Pakistan reached 61.61 million by end-December 2018, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 153.98 million by end-December compared to 152.74 million by end-No
Published 03 Feb, 2019 12:00am
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Number of 3G, 4G users reaches 61.61 million mark

The number of 3G and 4G users in Pakistan reached 61.61 million by end-December 2018, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 153.98 million by end-December compared to 152.74 million by end-No
Published 03 Feb, 2019 12:00am
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Number of 3G, 4G users reaches 61.61 million mark

The number of 3G and 4G users in Pakistan reached 61.61 million by end-December 2018, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 153.98 million by end-December compared to 152.74 million by end-No
Published 03 Feb, 2019 12:00am
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edotco Group to invest around $250-300 million in next five years

The integrated regional telecommunications infrastructure services provider, edotco Group Sdn Bhd (edotco) has announced to invest around $250-300 million in next five years in Pakistan if the government provides conducive environment and incentives for i
Published 01 Feb, 2019 12:00am
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'Mini-budget' increases fiscal consolidation challenges: Moody's

The government of Pakistan' second 'mini-budget' supports exports, but increases fiscal consolidation challenges in the absence of further revenue-raising measures, says Moody's Investors Services. Moody's in its latest report on Pakistan states that on 2
Published 01 Feb, 2019 12:00am
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'Mini-budget' increases fiscal consolidation challenges: Moody's

The government of Pakistan' second 'mini-budget' supports exports, but increases fiscal consolidation challenges in the absence of further revenue-raising measures, says Moody's Investors Services. Moody's in its latest report on Pakistan states that on 2
Published 01 Feb, 2019 12:00am
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CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
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CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
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CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
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Procurement of considerable quantity of potato under study

The federal government is considering to procure considerable quantity of potato in a bid to facilitate potato growers and avoid crisis like situation, it is learnt. Official sources revealed to Business Recorder that an important meeting regarding
Published 27 Jan, 2019 12:00am
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Massive underinvoicing witnessed in IT sector, Senate panel told

The country is witnessing huge underinvoicing in information technology sector as products with actual value of Rs 68 billion were imported last year at declared value of Rs 36 billion, resulting in tax evasion of Rs 8 billion, while the practice is also
Published 24 Jan, 2019 12:00am
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Massive underinvoicing witnessed in IT sector, Senate panel told

The country is witnessing huge underinvoicing in information technology sector as products with actual value of Rs 68 billion were imported last year at declared value of Rs 36 billion, resulting in tax evasion of Rs 8 billion, while the practice is also
Published 24 Jan, 2019 12:00am
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Massive underinvoicing witnessed in IT sector, Senate panel told

The country is witnessing huge underinvoicing in information technology sector as products with actual value of Rs 68 billion were imported last year at declared value of Rs 36 billion, resulting in tax evasion of Rs 8 billion, while the practice is also
Published 24 Jan, 2019 12:00am