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PYMA urges govt to save sector
The duty on polyester filament yarn, which is the basic raw material for the fabric industry, is already high
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Substandard Fuel: LPGAP for curbing imports
Demand authorities to take steps for controlling the influx of sub-standard imported
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MPs business interests prevail over state polices
JUI-F senator wants govt to increase import duty on batteries
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Furnace oil sales jump 14%
Overall, oil sales rise 10% to 2.43 million tons in May 2017
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Currency: Rupee gains against dollar
The currency market has fluctuated regularly in recent months
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Mari Petroleum discovers reserves in Sindh
New oil, gas reserves found from Aqeeq-1 well in Sujawal district
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SNGPL adds 34,000 new connections
SNGPL had set a target of 45,000 new gas connections in the region despite shortage of meters
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Week-On-Week: SPI rises 0.09%
The index for the group stood at 209.81 points against 209.66 in the previous week
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Punjab allocates Rs21b for agriculture, Rs9b for energy
Looks to convert 10,000 schools to solar power during 2017-18
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Textile sector gets only Rs4b out of Rs180b
Textile sector contributes 8% to Pakistan’s gross domestic product
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Global firms compete to set up converter station in Pakistan
CASA-1,000 project stakeholders evaluate technical bids filed by companies
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PSX’s clearing agents fail to handle historic high foreign trade volume
NCCPL reports a delay, says settlement date extended by another working day
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Punjab slaps sales tax on internet services
Aims to collect Rs348b in revenues, will issue Rs25b bonds for infrastructure projects
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Senate panel proposes increased tax on income of stockbrokers
Wants rate to go up from 0.02% to 0.03%, also endorses change in CGT regime
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Balochistan wants Chinese helping hand for its mining industry
While being resource-rich, progress has been hindered by security concerns
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Market watch: KSE-100 index struggles to find direction
Benchmark index falls 225.51 points to end at 48,555.30
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Pakistani IT firm Inbox plans to raise Rs1.5 billion from IPO
Plans to sell the company's 39% share in exercise scheduled for later this month
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LCCI for adopting new ways to cut fiscal deficit
Says govt needs to control administrative expenses, expand tax net
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Coal Output: Country producing 3.5m tons per year
Importing four to five million tons every year
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Currency: Rupee stable against dollar
he currency market has fluctuated regularly in recent months
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MCB Bank delists from London Stock Exchange
Bank exits after issuing 8.6m GDRs worth $151m to investors
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Government’s tax target blown up in smoke
Illegal sale of cigarettes continues, causes Rs40b loss to national exchequer
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Senate panel opposes extending Super Tax for another year
Says finance minister promised measure for just one year
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Regulator against giving free hand to oil companies
It is feared that deregulation will give OMCs a sudden windfall
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SBP’s reserves rise 4.37%, amount to $16.9b
Earlier, the SBP received $350 million under the CSF and made payments of $62 million for external debt servicing
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Inflation jumps to two-and-a-half-year high at 5.02%
CPI increases following surge in cost of perishables
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Gas production from Kandhkot field goes up 28%
PPL now produces 230 mmscfd from the Sindh gas field
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Foreign investors enter PSX, but quietly
Long overdue correction begins earlier than expected
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Market watch: Stocks bloodbath as Pakistan upgraded to MSCI Emerging Markets
KSE-100 suffers biggest intra-day fall in history, recovers slightly to close 1,810.76 points down
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LHC dismisses petition against anti-dumping duty
Outcome would support domestic manufacturers of cold rolled coils
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800cc or 1,000cc - Nishat to decide which car to produce first
Group conducts study to assess scope of hybrid electric cars in Pakistan
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Duty-free imports threaten Pakistan’s first can manufacturing plant
Local manufacturer seeks hefty cut in duty on raw material imports
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‘Pakistanis given equal employment in CPEC projects’
The project is heading towards completion and the workforce includes Chinese and Pakistani men
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'First round of CPEC projects to be completed by 2018'
Chinese official reiterates Pakistan’s energy shortage will end soon
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Tapi Meeting In Dubai: Consortium to review progress
Through the pipeline Pakistan and India would be provided 1.325 bcfd gas each
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Power Outages: Traders warn of bill payment boycott
They said that continuous load-shedding has badly affected the economy of the city
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Currency: Rupee weakens against dollar
The currency market has fluctuated regularly in recent months
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PSO’s receivables cross Rs300b, but govt to release only Rs10b
Overall, finance ministry will give Rs45 billion to energy companies for circular debt
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Even a downward revised tax collection target is set to be missed
Share of income tax goes down, FBR provisionally collects Rs2.86tr in 11 months
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NEPRA says will take action on Karachi’s load-shedding
Power regulator decides to evaluate K-Electric’s performance in wake of recent events
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Petrol price cut by Rs1.2 per litre, diesel by Rs1.6
The new prices have been announced after getting PM’s nod with effect from June 1
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Market watch: KSE-100 undergoes battering, ends near 50,500
Records a fall of 861.59 points as index-heavy stocks see selling pressure
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‘Stakeholders must have say in Exim Bank board’
Establishment of Exim Bank of Pakistan Limited is a positive step
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Price cut likely for petrol and diesel
OGRA, however, recommends increase in kerosene oil price
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Chinese company plans bus manufacturing plant in Pakistan
Is also keen to provide inter-city, intra-city bus services in Sindh
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Senate panel opposes cabinet’s powers for Dar
If government’s proposals are passed by parliament, it would undermine previous tax reforms
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For Cyber Security: SBP issues new framework
The instructions aim to enhance the proactive environment in financial institutions
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President Mamnoon signs Companies Act 2017 into law
Will facilitate growth of economy and the corporate sector
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‘Increased taxes on CNG unacceptable’
Station owners demand reversal of tax increase
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Power breakdowns wreak havoc in Karachi’s industrial areas
KE officials say utility faces shortage of 500MW, expects situation to improve after May 31

















































