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OGDC’s oil output hits peak above 50,000 bpd
Company embarks on aggressive exploration drive in Balochistan, K-P
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K-Electric seeks extra collection of Rs723m for fuel cost adjustment
If approved by NEPRA, power tariff will go up by Rs0.48 per unit for Oct
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market watch: Index closes at record high, just shy of 43,000
Benchmark KSE 100-share index increases 269.44 points.
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3Q2016: Consumer companies see profit surge 15% YoY
Profitability of consumer sector was up by 23%, while that of discretionary sector was up 7% YoY
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Govt hopes cotton production target will be met
Additionally, Bosan demands transfer of cotton sector from textile ministry to food ministry
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IFC likely to inject $500m into Pakistan Development Fund
World Bank’s arm will be offered 20% equity in return, control to remain with Pakistan government
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Apple teasing Black Friday sale for the first time in years
Shoppers who order in-stock items before 5pm will also be eligible for free two-day delivery, according to Apple
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Despite FBR opposition: NA panel approves tax amnesty for realty sector
Scheme, if cleared by parliament, will whiten an estimated Rs7 trillion of black money
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Market watch: Led by oil, index treks north
Benchmark KSE 100-share index increases 192.54 points
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Saudi Arabia to offer 2-year multiple visas to Pakistani businessmen
Envoy outlines investment avenues in diversifying Saudi economy
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Financial stability board stresses reform implementation
Notes financial system has continued to function well
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Belgian envoy emphasises easing visa curbs
Underlines importance of trade and economic ties between the two countries
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Ukrainian envoy shares priority to enhance trade
Says current volume demonstrates positive tendency for intensification
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Pakistan could not sustain higher business confidence
Survey shows confidence drops in Apr-Sept after a big rise earlier
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PIA evaluating order for wide-body Airbus, Boeing jets
Also plans to cut 18,000 workforce by between 3,000 and 3,500
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Tackling seepage near oil, gas fields: After prolonged suffering, ministry designing policy
Local people have long been subject to environmental hazards caused by the seepage
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PC backs reduction in SME Bank’s capital requirement
Postpones approval of transaction structure for the bank’s privatisation
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Chinese automaker unveils ‘world’s fastest electric car’
Supercar NIO EP9 can accelerate from 0-200km/h in just 7.1 seconds
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Dutch envoy underlines need to enhance trade cooperation
Says both countries should work together to take advantage of GSP Plus
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New Islamabad airport to be operational by August 2017
Construction work would be completed by the end of this year
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Pakistani company produces country’s second drone technology
‘Arrow’ can fly non-stop for up to 15 hours, can be used for surveillance of development projects
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Despite demand surge, oil supplies are sufficient: ministry
Advises OMCs, refineries to make imports and maximise production
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Companies Ordinance: SECP institutes various reforms
Company Law to create awareness of the revised provisions
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Market watch: Amid lackluster trading, index inches higher
Benchmark KSE 100-share index increases 114.10 points
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BISP, WFP join hands to fight malnutrition
BISP beneficiaries with 6 to 23-month-old children will receive nutritional supplements
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Bhikki plant starts generating electricity
The ministry said work on power plants and transmission lines is under way at good speed
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New broadband plan to cover 12.8% of Balochistan
Rs2.3b project will facilitate 196,177 un-served individuals
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FBR unwilling to cut withholding tax on real estate
LHC grants stay against application of FBR-determined property valuations
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Political populism vs economic development
A party may not deliver on economic growth, but can still maintain its political space
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CPEC project: Nascent industries afraid of big Chinese firms
Only exports from China without giving a fillip to Pakistan’s industry will be damaging
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SBP’s annual report: Sindh ranks worst in collection of income tax on agriculture
In terms of percentage increase in tax, K-P is best performer in 2016
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Black Friday: Daraz group co-CEO expects volumes to rise three times
E-commerce market has yet to reach even 1% of total retail market
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Snapchat’s youthful founders show no fear in race to IPO
Snap is planning an initial public offering valuing it at more than $20 billion
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Guide to ending the power crisis
Solution lies in liberalisation to create a wholesale electricity market
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Withholding tax: Low-risk money market funds suffer
People have turned to high-risk equity funds due to WHT and low interest rates
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Trans-Pacific Partnership: US trade tsar warns TPP scrapping carries costs
Many see Trump’s victory as a rejection of deeper commercial ties
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Upcoming OPEC meeting: Oil may rise to $55 if producers cooperate
It would be the first deal since 2008 to limit oil output
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Tech equity: Facebook authorises $6b share buyback
Possibly to take advantage of a price dip triggered early this month
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Better yield, quality seeds can reduce import of pulses
PARC chief for adopting crop management technologies
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Saudi high-speed rail link to open in March 2018
Railway linking Makkah and Madina will begin partial operations in December 2017
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SBP supports new property taxing system
Despite increase in property prices, share of taxes has declined
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Weekly review: Political tension keeps investors at bay
KSE-100 ends at 42,325 points, down 1.2% week-on-week
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FBR uses coercive measures to recover tax from GHPL
It presumed liability of Rs2.9b by assessing company’s turnover at Rs12.1b
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Halal product export market still to be tapped
Setting up of a regulating authority will help reach out internationally
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Furniture manufacturing: Turkish team expresses interest in joint ventures
Leading furniture producer voices hope trade relations will grow
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Current account deficit expands 63% to $1.76b
Experts believe deficit is mainly led by investments instead of consumption
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Secretary promises necessary facilities to textile sector
Assures exporters that govt will settle all their claims
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Listed companies: SECP asks for reasons behind surge in stock prices
Law requires firms facing unusual trading to disclose developments, if any
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Market watch: Uncertainty continues to cloud the market
Benchmark KSE 100-share index falls 86.86 points
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Argentina seeks partnership in agriculture, livestock
Envoys offer technical assistance to Pakistan

















































