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Income tax: FPCCI demands uniform tax on rental income
The tax slabs have opened a window for mis-declaration of income, corruption and tax evasion
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Banks, MFBs: SBP issues fresh guidelines
SBP has issued guidelines to banks and micro-finance banks for strengthening internal controls in payment instruments
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Tax issues: Business council incensed at FBR’s ‘arbitrary inquiries’
Council wants finance minister to take corrective measures.
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Nestle Pakistan records 43% rise in net profit
Company posts earnings of Rs6.4b in nine months.
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Corporate results: Engro Foods’ struggle continues
Company reports loss of Rs77m during 3QCY14
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Market watch: Index slips in absence of triggers
Benchmark KSE-100 index decreases 171.98 points.
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Economic relations: Seize opportunity for joint ventures, says Turkey
Delegation head asks private sector to tap business potential.
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Bank mergers: Meezan Bank acquires HSBC
Will make operations Shariah-compliant.
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SBP data: Current account deficit clocks in at $1.33b
Widens by $62m during Jul-Sept over the same period previous year.
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Price fixing: CCP suspects collusion among auto dealers
Serves notice on PAMADA; finds evidence of cartelisation.
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Widening trade deficit
It is time our officials wake up and try to achieve real goals instead of painting a rosy picture that does not exist
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Various reasons contribute to failure in meeting schedule
Flightstats data shows 51% of PIA’s departing flights delayed.
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Is the airfare unfair?
Software determines price, ambiguity irks passengers.
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CAA data: Travellers register growth, highest in three years
Number of domestic and international passengers rise 8%; PIA’s share in domestic market down .
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Defying market mechanism: ECC – where politics rule economics
Its role could be redefined and narrowed to general policy guidelines.
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Economic ministries: Most spokespersons remain inactive
They come into action only when damage is done.
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Ambiguous: Big question mark over privatisation plan
With OGDC case in court, things not likely to be sorted out soon.
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Intrade Expo 2014: In search of opportunity, delegation off to Malaysia
Businessmen keen to promote bilateral trade with Kuala Lumpur
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Country on radar for IT expansion
Software giant SAP focuses on technological growth in region.
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New chapter in Japan’s aviation sector
Country unveils first passenger aircraft in nearly four decades
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Dissatisfied: Falling FDI worries business forum
The chamber has called upon the government to take urgent measures to improve FDI
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LNG imports: SSGC relents to govt pressure, approves capacity charges
Some board members say payments will push company to brink of default.
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Tax reforms: Body limits itself to unanimously-agreed reviews
20-member commission will look after macro issues
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Islamic banking: SBP revises initial paid-up capital to Rs6 billion
Subsidiaries will now be required to raise paid-up capital up to Rs10 billion within five years
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Weekly review: Oil slump drags KSE-100 below 30,000 points
Declining crude prices and global equity sell-off impacted the market.
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Economic cooperation: Turkish premier to arrive soon
Dastagir sought Turkish collaboration and investment in the energy schemes
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Scarcity of water: Town associations disgruntled
Town associations complained that KWSB had raised its tariffs to Rs204 per 1,000 gallons
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Experts urge optimum use of existing power plants
Seminar highlights use of existing resources, mitigating issues.
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Chinese keen to explore business opportunities
Delegation expresses interest in hydro energy, construction sectors.
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Loss to the national kitty: ‘Collect WHT from used imported cars’
PAMADA chief blames FBR, highlights decline of local industry.
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Partnership: Trade talks with Japan at a standstill
Studies on developing legal framework for businesses under way.
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Market watch: Index ends week on a low as investors remain cautious
Benchmark KSE-100 index decreases 99.35 points.
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Rehabilitation work: PSM strives to swiftly repair damaged furnace
Launches investigation into cause of the incident.
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Food exports: Govt aims to seize Russian market as EU supplies come to a halt
Food security ministry asked to prepare a comprehensive plan
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1QFY15: FDI clocks in at $169.5m, 26.5% less than previous year
Analysts rule out political turmoil as reason behind decline .
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Violation of the ban: Govt set to approve Rs220m for vehicles, office gear
Project expected to be approved despite Ministry of Finance’s notification reinforcing the sanction
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Trade interest: Finland, Pakistan aim for cooperation
Finnish envoy expresses keen interest in enhancing bilateral trade relations with Pakistan
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Green light: GlobalGAP approves guidelines
Will provide guidance to farmers, educational institutions.
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Promoting innovation to meet growing challenges
Pakistani Innovation Foundation holds event to address various issues.
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Foreign exchange: Reserves go up 0.28%
SBP’s liquid foreign exchange reserves increased by $25 million to $8,882 million
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Cotton production target may be missed
CCAC says flood damage will take toll on season’s target.
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Market watch: Oils to blame for index slipping below 30,000
Benchmark KSE-100 index decreases 138.54 points.
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Islamic banking: SBP to purchase, sell Ijara Sukuk via OMOs
Banks with Islamic branches eligible to participate.
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Gas shortage: Dejected textile ministry seeks PM’s intervention
Officials state potential loss of $2b in exports if issues not addressed.
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LNG terminal: SSGC likely to approve capacity charges as govt steps in
Payment of Rs10b per year will be eventually borne by consumers.
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Shariah compliance: ‘Adamjee Life to enter Islamic insurance market next year’
Aims to launch Takaful products by the end of first quarter of 2015.
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Irregularity: Funds for poor pumped into lucrative businesses
PPAF’s partner misuses Rs403m, fails to extend small loans.
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Railways and the NLC
Decline of Pakistan Railways was a result of a number of factors, but the coincidence with the rise of NLC is telling
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Spiralling debt: ‘Govt borrowing at dangerous level’
Experts at seminar warn debt has reached $149 billion mark.
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Biohazard threat: ‘Industrial waste serious threat to crops’
Expert says industrialists reluctant to set up waste water treatment plants at factories.

















































