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Government to issue new stamp papers
Papers will have modern security features to check use of fake papers.
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Fiscal 2011 review: Rupee rewrites recent history, falls only 0.5% against dollar
Interest rate rose in first six months but left untouched since.
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Increasing reliance: More civil nuclear plants to be built
Gilani says nuclear power vital to reduce energy deficit.
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Karachi Stock Exchange: Membership spot up for grabs for at least Rs50m
KSE will hold an open auction for the sale of one membership slot on July 12.
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Market watch: Bourse ends range-bound as investors stay away
Benchmark KSE-100 index fails to rise a single point.
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SBP appoints primary dealers for 2011-12
Dealers will participate in auction of govt securities.
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Government to announce steps for containing expenditures and reducing fiscal deficit
Finance ministry revamping debt office: spokesperson.
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Boosting ties: Pakistan-India to open new trade post
Wagah to be used solely for parades and exit and entry of delegations.
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Career Guide: Working at a local bank
This is what a regular day is like for Asad who is the Regional Collections Manager of Consumer loans at a local bank.
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It’s not all about business: Social gaming a big winner in smartphone boom
The casual gamer will be the driver for developer growth.
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Groupon: The awesome power of collective
The startup which many doubted would survive, is big enough to say no to Google.
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Pakistan’s fiscal woes: Budget-making in an economic crisis
Government seems to have missed the bus on rationalising the tax system or gain the trust of the taxpayers.
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India’s Ambanis lose their shine
India’s billionaire Ambani brothers are struggling to rediscover their Midas touch.
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Fiscal discipline: It’s going to get worse before it gets better
Don’t expect any miraculous improvement to the economy.
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The week in focus
fFcus has increasingly shifted towards tapping renewable energy resources to produce clean energy.
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Where Pakistan stands
Numbers don’t lie, and the truth is not pretty.
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Expansion: NBP opens branch in Thar
New branch to help grow banking in the area and provide people new opportunities.
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PM seeks investment for country’s prosperity
Turkish, Russian banks may open branches in Pakistan.
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First Ever: Inter-provincial trade fair for women entrepreneurs
Two day trade fair to to promote women entrepreneurs and establish business-to-business links.
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Govt to convert Rs283b power company debt to PIB
Government officials meet bank representatives.
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Fight against corruption unstoppable: Shaikh
Says self-reliance to take time and country will have to depend on donors.
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Weekly review: Market makes gains as fertiliser sector takes centre stage
KSE-100’s 0.8% gain came mostly due to sharp increase in Nestle’s stock.
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Thousands file returns with no income tax
These people say they earn from agriculture and get money from abroad.
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Tax collection bid: FBR announces tax amnesty scheme to lure defaulters
Penalties, surcharges waived on payment of actual taxes by June 30.
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Target: Manufacturing to grow 3.7%
Allocation of Rs 2,030 million has been earmarked for the manufacturing industry sector in the year 2011-12.
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Energy crisis: ‘Thermal power will not solve the problem’
Hydel power generation projects are part of the solution.
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Market watch: Bourse falls as investors book profits
Benchmark KSE-100 share index dips 53 points.
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Economic competitiveness: Superior technologies critical, LCCI president
‘Technologies can increase the effectiveness of business functions’.
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FBR plans tax amnesty schemes
People will be allowed to pay due taxes without any penalty before June-end.
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Chamber to chamber: Campaign launched to improve ties
Move is imperative for the survival of businesses: FPCCI VP.
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CGT on immovable property under study
Govt considers options to levy tax in 2011-12 or next year.
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Aiding agriculture: Six dams will be completed by 2011-12
Plan to bring 12,310 acres more under agricultural land in K-P.
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Pakistan, Indonesia tariff talks hit deadlock
Jakarta blames Islamabad for lack of progress in negotiations.
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Fuel prices shoot to new highs in fiscal 2011
Diesel and petrol prices reached record high in May.
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World’s largest urea plant comes online
The Corporation’s debt stands at Rs132 billion whereas the total worth of the company stands at Rs168 billion mark.
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Authority goes all out: FBR resorts to ‘arm-twisting’ to meet tax collection target
Tax authorities out to collect Rs140 billion in the remaining one week of the outgoing fiscal year; Banks are targets.
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Profits derailed: Govt agrees to release Rs11.5b to Pakistan Railways
Revenues are meeting only one-fifth of the spending needs. Losses incurred amount to Rs3 billion per month.
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Mango festival: The ‘king of fruit’ does not get royal welcome by exporters
Over 25 varieties of mangoes up on display.
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Smartphones: Not so popular in Pakistan
Estimates suggest that the smartphone share in Pakistan is 5% of the total mobile phone market.
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Islamic banks face dearth of products
State Bank lays stress on developing risk management infrastructure.
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Growers willing to pay GST if rate reduced to 4%
Deny that loan default is a chronic issue in agri sector.
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Renewable energy projects: ‘Govt to streamline tariff procedures’
Power producers will know from start about tariff structure.
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Sheikhupura gets dry port
‘Port to provide efficient logistical solution’ .
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PSO receives Rs11b in debt repayment
FBR will recover Rs5b in taxes from this amount.
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IPOs dry up with only three issued in fiscal 2011
Volumes also drop 40 per cent at the Karachi Stock Exchange.
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Oil and gas reserves: Drilling target to be missed by about 38%
Activity resumed in Balochistan after a lapse of two years in fiscal 2011.
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Joint venture project: PARCO to restart work on Khalifa Coastal Refinery
Board decides to set up a company for project implementation.
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Market watch: Bourse closes at five-month high
Benchmark KSE-100 share index jumps 139 points .
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Deals inked to import electricity from Iran
Iran will provide electricity at low rates of Rs7 per unit from next month.
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Shipping agents fined Rs1m for forming cartel
CCP takes a lenient view due to shipping body’s cooperation.