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Cotton: Forum urges price to be fixed at Rs3,500 per maund
Farmers purchase all agriculture inputs at very high rates, but the end crop is being purchased at very low price.
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Temporary reprieve: Court extends stay order against LPG policy
Industry welcomes move; asks ministry to engage with them.
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Gas Fields: OGDC increases prices of uncapped fields
PPL is the major beneficiary of increase in wellhead gas prices due to company’s heavy production profile.
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Pak-India ties: Negative goods list being prepared to boost trade
Positive list to be replaced with negative one to expand product range.
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LNG importers: Gas companies to charge transportation fee
Access to pipelines to be given on first-come-first-served basis.
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Faisalabad disburses Rs4b in sales tax refund
Official claims refund cases being processed within time limit.
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Market watch: Bourse falls as investors book profits
KSE’s benchmark 100-share index dips 65 points.
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Temporary: IMF offices closed on security concerns
Decision taken on advice of IMF headquarters: finance ministry official.
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Deep water port: Karachi Port Trust hits back on allegations
Refutes accusations of impropriety; points out the need for such a project.
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Poverty rate: Three years on, govt decides to redraw the line
Poverty numbers may be released in a couple of months: Planning Commission.
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Lahore chamber slams government’s one-sided ‘orders’
Annual meeting of All Pakistan Paper Merchants Association held.
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Small and medium enterprises: Funds shortage hampers progress
To create links, SMEs have to approach banks in big cities.
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Marble exports much lower than target
Processors say power outages have cut production to 30% of capacity.
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‘Forest cover reduced to 2%’
It was 6% at time of independence, says expert.
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Power companies pay just Rs10b to PSO
To end circular debt, govt plans to impose petroleum levy on natural gas and LPG.
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LNG terminal: OGRA issues three construction licences
PM directs authorities to expedite import process.
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Market watch: Fertiliser stocks turn to gold as investors scramble to buy shares
KSE’s benchmark 100-share index surges 225 points.
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News tickers: Advertisers demand TV ads without interruption
PAS extends deadline for TV channels to December 31 to comply running ads without interruption.
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Power crisis resolved, new set of reforms soon: Qamar
The Water and Power Ministry will present the recommendations in the next cabinet session.
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Tax collection target: FBR gets the job done one way or another
Experts raise eyebrows over mismatch in growth rates of sales tax at import stage and customs duties.
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Increase in petrol price: Court issues notice to OGRA
Local advocate files petition saying rise in petrol prices is against Article 9 of the constitution.
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Turkey offers Pakistan joint ventures
Expresses interest in textile, construction and energy sectors.
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Pakistan Petroleum Limited: Employees’ share in company distributed
This is the first time Zardari distributed Besos certificates among employees of state owned entities.
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Engineering design: WAPDA awards contract for Dasu power project
Nippon Koei of Japan, Dolsar Engineering of Turkey to work on Dasu hydropower project.
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Quarterly review: Steepest fall in 11 quarters
Karachi Stock Exchange’s benchmark 100-share index lost 5.9% in value during the third quarter of 2011.
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Engro increases fertiliser price on gas outage
Other companies expected to follow suit.
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Fertiliser companies: Restoration of gas supply demanded
Curtailment is likely to increase urea shortage in Rabi season.
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Pakistan Steel considering mortgage financing as last option
Mill expects to raise Rs16b to be used to buy raw material.
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Oil marketing companies: Profit margins up 10%
Increase in petrol and diesel prices comes as a blessing.
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Fahim terms India visit successful
Delhi has agreed to support European Union duty waiver for Pakistan.
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Irregularities in banks: Senate panel meeting put off for third time in a row
Committee members suspect that postponement a move to protect the corrupt.
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Marketing companies win: LHC suspends clauses of LPG Policy 2011
Petroleum ministry decides to move Supreme Court against decision.
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Market watch: Stock market follows global market trend
KSE’s benchmark 100-share index drops 54 points.
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Inflation drops to 22-month low on new formula
Experts believe State Bank may cut policy rate.
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OGDC decides to stop entry of politically-backed appointee
State-owned oil and gas explorer to amend deputation policy
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LHC suspends tax on LPG
The court has also suspended the implementation of the LPG policy for 2011.
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Women entrepreneurs: Government urged to facilitate businesswomen
"Businesswomen should be given relaxations so that they can play their due role in the development of society," IWWCI
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Revenue generation: Existing income tax laws need simplification
Economists say IT Ordinance 2001 has not improved collection.
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Safe haven: Rise of gold stalls on the dollar
Precious metal loses out as confidence in greenback returns.
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Taking a hit: Indian rupee a victim of global turmoil
Currency among the weakest performers in the region.
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The week in focus
Last year around 11.7 million bales of cotton were produced. This year 15 million bales were expected.
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Pakistan Railway: Cargo service comes to a virtual halt
Freight trains historically accounted for 60% of profits.
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Law of unintended consequences: Soaring gold prices prop up artificial jewellery industry
Many imitators are improving the quality of their product and exporting it.
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Standing floodwater worries growers
Farmers complain of difficulty in obtaining loans from Sindh Bank.
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‘Heavy use of pesticide causes many deaths’
Farmers spray 10-15 times more than required amount.
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‘Integrated information key to better supply chain’
Conference on Supply Chain and Logistics held.
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Pak Suzuki increases prices of all models
Rates have gone up in the range of Rs14,000 to Rs30,000.
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Govt plans young entrepreneur conference
President assures industry of providing all facilities.
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Revenue generation: Govt formally decides to tax Gilgit-Baltistan
G-B finance minister opposes the move, terms it a conspiracy against the region.
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CORPORATE CLASS: National Group wins all six seats
Fifteen candidates were in the run for six seats of Corporate Class for a one-year term.