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‘Failure to rationalise tariffs threat to fiscal balance’
Controlling the budget deficit is the biggest challenge.
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Affordable power: LNG imports a risk to energy security says OGRA
Regulator for utilising coal, proposes committee for considering LNG projects.
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Pak Steel restructuring: PM asks stakeholders to review plans
Meeting updated on measures taken to achieve financial rehabilitation.
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Pak-Turkey: Preferential trade deal to be signed next year
Move to help achieve $2b two-way trade target set by the Turkish premier.
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PAC slams Sindh Energy Board for buying vehicle
‘Jeep bought to monitor activities in rough terrain’.
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Consensus: Industrialists, water board resolve tariff dispute
Representatives of seven town associations of the city agreed to pay Rs145 for every thousand gallons of water.
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Legal notice: Business community vows to strike back
‘KESC made a mistake by sending the defamation notice’.
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8th NFC Award: Sindh govt opposes agenda of first meeting
Decides to register protest with the federal govt on GST.
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Automobile sales accelerate 19%
Honda, Indus Motor sales plummet in November as supply from Thailand slows.
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Market Watch : Stocks crawl up 13 points in volatile session
Engro Corporation falls to 33-month low.
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Falling cotton prices: NA committee asks govt to intervene
Parliamentarians say TCP should procure 1m bales.
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Spiralling cost: PM reconstitutes Neelum-Jhelum project board
Cost issue referred to finance ministry as foreign banks hold back.
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Sugar procurement: ECC fails to take a decision, yet again
Top economic decision making body finally approves urea import of 200,000 tons.
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Textile millers plan protests to save industry
Oppose gas outages, demand supply for four days a week.
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Gas Supply Suspension: OGRA asked to file reply today
Petitioner contends that the three-day CNG loadshedding is unconstitutional.
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PSO gets new chief
Yahya faces tough task in face of unending inter-corporate debt.
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Analysis: Politicking, at the cost of economy
As the country's economy sinks, government and its critics cite selective indicators to argue their case.
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Swap arrangement: Azerbaijan offers power export to Pakistan
Project could be halted in the face of US pressure, officials fear.
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The week in focus
After electricity shortages in the summer, focus has shifted to gas shortfall in the face of rising demand in winter.
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Talking business
State Bank discovered that the economy might not be poised for a non inflationary recovery after all.
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Pakistan’s phony growth: Failure of the current financial model
The EU crisis should be taken as a warning.
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Kosher money: Islamic micro finance fails to take centre stage
There is huge untapped potential in the Pakistani market.
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Bubble bursts: Farmhouse development sector takes a nosedive
With legal, security and economic issues ballooning, the industry has stagnated.
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Acknowledgement: PTCL chief executive officer honoured
PTCL CEO Walid Irshaid given honorary shield by Ahmed Nasir Alzaabi, representative of UAE Ministry of Foreign Trade.
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Assistance: Industrialists to supply fly ash for dam construction
Project consultants discussed a number of technical issues with LCCI officials.
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Cabinet body to discuss circular debt tomorrow
Gilani briefed about country’s electricity situation.
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Gas Crisis: Massive protests cripple city for four hours
The protestors burnt tyres and blocked the university road for many hours.
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Textile industry demands priority in gas supply
Mills run on thin margins and cannot afford other fuels.
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Marble city project revived after five years
300 acres of land acquired that will house 200 plants.
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Govt keeps handing out gas connections
Petroleum ministry briefs cabinet on the worsening demand and supply gap.
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Evading LDI charges: After criticism, FIA and PTA crack down on grey traffic
Raid conducted in Lahore part of a nationwide dragnet, govt claims Rs6b in revenue lost every year to grey traffic.
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Weekly Review: Politics and fertiliser sector keep KSE-100 at bay
Index fails to make solid gains while volumes improve 17%.
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Capital market: Pakistan to take part in India summit
This is for the first time that a delegation of high officials from SECP and stock exchanges are visiting India.
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‘IT development creates business opportunities’
Teradata seeks nominations for excellence awards.
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Once again: Gas supply discontinued to Engro’s new fertiliser plant
SNGPL took the decision based on cabinet’s orders.
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Attracting investors: Tax incentives to be sought for companies
BOI and SECP deliberate how to encourage and facilitate investment in the country through listing on stock exchanges.
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Country should build soft image: diplomat
Japanese businessmen are interested in joint ventures, SME sector.
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Diamer-Bhasha Dam: ADB agrees to provide technical, financial support
Memorandum of understanding to be signed next week.
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Double trouble: Exports tumble 10%, imports swell 20% in November
Commerce ministry to conduct a study to review the situation.
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Textile industry output declines 50%
Four-day gas suspension to mills has caused productivity to reduce by 50 per cent.
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Market Watch: OGDC leads the bourse upwards
KSE’s benchmark 100-share index gains 72 points.
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Banking system assets grow 8%: SBP
The surge in resources is the most significant since 2007.
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Tcp: Lahore High Court issues notice
Petitioner argues TCP purchased sugar at Rs65 per kg compared to market rates of Rs53 per kg, causing Rs2.5b loss.
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ADB, WAPDA discuss Diamer-Bhasha financing
Challenges related to the project were also addressed.
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Secp: 248 new companies registered in Nov
210 private companies were registered, 3 foreign companies, 4 non-profits.
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Govt to penalise CNG pumps for violating safety rules
Surprise raids will be conducted on filling stations.
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Eobi begins partnership with Easy Paisa
SBP survey says there are 17,448 outlets of branchless banking all over the country compared to 10,000 bank branches.
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Powerful lobby: Government mulls withdrawal of 16% sales tax on tractors
Complete ban on import of CNG kits also on the anvil.
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Fesco employees resist power company’s privatisation
Oppose new CEO, demand continuous supply of free electricity.
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Sugar purchase at high rate likely to cause Rs1.8 billion loss
Govt plans to procure 200,000 tons, may ease conditions for millers.