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Multi-billion rupee tax scam: Not everyone is telling the truth, says PTA chief
Body formed to probe attempt to give tax relief to telecom firms.
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CCI likely to approve new petroleum policy for 2012-13
Exploration and Production Policy 2012 ensures higher gas prices.
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Expanding horizons: Takaful rules to result in segment’s evolution
Will attract new players; boost takaful’s market share to double digits.
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Another unit in trouble: Govt likely to restructure ZTBL’s Rs80 billion debt
The agriculture bank has to repay the amount to State Bank.
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Tax evasion: IT standing committee for legal action against 5 telcos
A sub committee has been constituted to probe into the matter.
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Overall cement sales decline 1.64%
First month of fiscal 2013 ends on a sour note for the industry.
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Investment up to $2.7b expected in wind projects
Potential to generate 3.2m MW from renewable resources identified.
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Tax authorities still divided over feasibility of 2012-13 targets
Chairman says no need to revise tax collection target, other officials disagree.
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Market watch: Cement, fertilisers dampen sentiment; market flat
Benchmark KSE-100 index sheds 3 points.
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Neelum-Jhelum project: PM inaugurates tunnel-boring machines
Hi-tech machines to cut construction period by 18 months.
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How KESC utilised social media during the Karachi blackout
A steady stream of Twitter responses to complaints won the company praise.
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Govt to spend Rs22.8b to revive Pakistan Railways
Ministry determined to pull the locomotive operator into profitability.
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Left out: 4Gas may sue govt for starting new LNG project
Dutch firm fearing loss of its stake proposes to seek fresh advice from the law ministry.
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Resisting probes: FBR denies auditors access to accounts
Public accounts body meets to examine Rs13b worth of irregularities.
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Low margins, restrictions force US mango exports into cold store
American requirements made profit margins too narrow: Exporters
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Wind power: The whir of turbines to come
Govt has allotted a total of around 39,000 acres to all projects, biggest of which involves NBT Wind Energy Pakistan.
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Offshore banking - tax havens for the super rich
SBP ensures strict monitoring of any funds coming in or going out of the system.
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Planting the seeds of permaculture in Pakistan
In times of rising costs, grow your own fruits and vegetables.
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To pay or not pay: Why should we pay taxes?
In a tax system that is ethically bankrupt, a few end up paying for so many.
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Heads up for Pakistan’s 100 fastest growing companies
Entrepreneurs head most functional areas at start but then face sharing of power.
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Is privatisation the solution for state-owned enterprises?
Efficiency improvement, restructuring may cut losses of SOEs.
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Halal industry: Pakistan has more potential than Malaysia to thrive
This depends on the government realising the profits of the business sector.
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Pakistan among chosen 22 to lead economic growth
Country was added to NEXT-11 in 2005 when economic indicators were showing an upward trend.
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Development planning: Building control authority proposed
LDA wants control extended from Lahore district to division.
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REAP rejects allegation of stagnant rice exports
Association claims exports rose 35% year-on-year.
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Tackling scarcity: PC suggests higher water charges for rice, cane crops
Calls for linking water rates with per acre needs to encourage efficiency.
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Weekly review: KSE-100 soars on the back of improving US ties
Lucky Cement’s acquisition of ICI and lower inflation numbers featured during the week.
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SITE businessmen press for greater police presence
Association says industrialists feel highly insecure in the area.
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Hospitality & tourism: Hashoo Group seeks to expand budget hotel chain
The owner of Pearl Continental and Marriott is opening up its Hotel One franchise in more locations.
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Korean mango importers in Pakistan
They are likely to buy thousands of tons next season.
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Milk: Post-production losses cost Pakistan Rs169 billion
Lack of infrastructure such as cooling facilities at farms and transportation is prime cause for losses
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FBR makes a mistake in income tax law
Absence of clarity in the law makes tax avoidance possible.
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LPG prices increased again
Price rises by Rs19,000 per ton in line with international price.
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Import gas before economy derails: industrialists
Exporters advise govt to take remedial action or risk downturn.
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Pakistan advised to delay bond sale
Deteriorating macroeconomic indicators cited as the major hurdle.
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Market watch: Investors shy away amid SC proceedings
KSE’s 100-share index declines 52 points in thin trade.
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Wheat bags: Embezzlement in distribution unearthed
Public Accounts Committee seeks report from PASSCO.
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Alarm bells ringing: Sui gas reserves to end in 10 years
Wells drying up, production dropping by 5% every year.
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Oil prices: Ministry lobbies for weekly revision, yet again
Petroleum ministry wants to eventually shift to daily price changes.
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US releases $280m for Mangla, Tangi dam uplift
Funds will support improvements in Mangla Dam and diligence work on Kurram Tangi Dam.
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Registration of cotton export contracts resumed
Decision to boost cotton exports, earnings; improve per acre yield: PCGA.
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Forex reserves jump to $15.7 billion
Disbursement of awaited CSF funds improves liquidity.
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Enforcement of new takaful rules restrained
Sindh High Court believes Takaful Rules, 2012 not in line with Shariah.
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ATM fee: Competition Act 2010 challenged in high court
The petitioner banks submitted that the commission had erred in assuming jurisdiction in the matter.
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Financial discipline: Centre may ask provinces to retire SBP loans every quarter
Proposal floated after provinces recorded deficit instead of making savings.
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Market watch: Bourse touches new peak of 2012
KSE’s 100-share index gains 14 points to 14,731.
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Extortion, killings: Businessmen may take up arms for their defence
Unregistered mobile phone SIMs are used to threaten them.
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70 development projects to start in five months
Planning Commission briefs prime minister.
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Textile industrialists halt capital investments
Dipping margins owing to energy crisis have dented investor confidence.
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Reko Diq case: Centre refuses to pay Rs450m fee for legal experts
Wife of former British prime minister Tony Blair one of Pakistan’s representatives.

















































