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Banks to observe five-day working week
SBP says selected branches will remain open on Saturday to facilitate customers.
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Gas outages may rise to 60 days this winter
Ministry says supply to fertiliser plants will be stopped for a month.
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Pakistan starts producing Japan’s rice variety
Targets to export 100,000 tons of ‘Japonica’ to Japan.
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Pak-Iran project: ‘Gas pipeline to bring industrial revolution’
Potential savings of billions of dollars on import of urea and furnace oil.
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Foreign agencies not to be given access to border management system: Malik
New IBM systems designed to keep record of all passengers at transit points, aiding arrest of terrorists, traffickers.
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Two-day holiday: Interior ministry issues notification
Office timings from Monday to Thursday will be 8 am to 4 pm.
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Govt likely to sack OGRA chief
Sadiq is accused of misconduct and corruption.
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Forex: Reserves fall to $17.17 billion
Foreign exchange reserves hit a record $18.31 billion in the week ending July 30 but eased due to debt repayments.
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Strengthening ties: Textile industry to upgrade Tajikistan’s mills
Pakistan in the initial phase, would import 2,000 tons of cotton from Tajikistan, which would be increased in future.
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Port Qasim Industrial Area: Increasing car theft cases trouble foreign manufacturers
National Highway’s security remains in shambles.
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Punjab allocates Rs22b for water management
Targets European markets for high-quality agricultural products.
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Dispute over software: Agility files case in international tribunal
Commission seeks Pakistan’s response to appointment of arbitrator.
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Jet fuel sales to be hurt the most
Govt decides to ban exports of petroleum products to Afghanistan.
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BlackBerry services come back to life
Service disrupted in Pakistan for four days till Thursday evening.
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Market watch: Bourse drops as investors sell oil stocks
KSE’s benchmark 100-share index falls 92.78 points.
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Hostile takeover: PM blocks oil ministry’s move to take control of Ogra
Ministry desires to run the regulator in an attempt ‘to bring transparency’.
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First time in 46 years: Afghanistan to deposit financial guarantees for transit trade
Installation of cargo tracking system will take some time.
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No more handouts: Govt withdraws subsidy on agriculture loans
Mark-up to be increased by six per cent over three years.
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Mari Gas strikes 'black gold' between KP and Punjab
Crude oil uncovered near Mianwali; possibility of extracting 1,700 barrels/day.
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CIO Pakistan: High growth businesses need elastic IT
In conversation with Sajid Akbar, Country Manager, Oracle Fusion Middleware, Pakistan and SAGE West.
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Faisalabad chamber: Sultan elected president
Muzammil Sultan said he would pursue policies which would work for betterment of business community.
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Honda increases prices by up to Rs38,000
High cost of production and weak rupee blamed for the rise.
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Data sharing: Pakistan and Afghanistan form working group
Electronic sharing of information to check smuggling and promote trade.
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Regulator penalises market participants
SECP takes action due to non-compliance with regulations.
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IPO: Engro Rupiya Certificates reach target amount
ERC allowed investors to invest in one of largest conglomerates of Pakistan, earn fixed rate of 14.5% per annum.
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Fearing layoff, WAPDA employees take to the streets across Sindh
Bidding for privatisation of power houses on October 21.
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Regional integration: Pakistan to cut tariffs on 233 products
Tariffs will be in range of zero to five per cent to meet SAFTA guidelines.
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Market watch: Bourse wanders around neutral line
KSE’s benchmark 100-share index crawls up 4 points.
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Tax collection: FBR to take extra measures to cover last year’s shortfall
Plugging of revenue leakages and recovery of arrears to generate Rs50 billion.
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Rangers deployed at all industrial zones
Businessmen asked to take internal measures to reduce crime rate.
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Industrialists oppose two-day weekly holiday
‘Decision will slow down the already sluggish economy’ say industrialists.
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Banking spreads fall 29 basis points
Industry’s reliance on govt instruments continues.
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Freedom of speech?: Economists get in trouble for using strong words
Parliamentary panel summons Planning Commission deputy chairman for terming 2008 poverty estimates a fraud.
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Power crisis: Federal cabinet approves two-day weekend
Two off-days will be implemented from October 15 if the CCI approves the decision.
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Regulators’ day out: Parliamentary panel calls meeting on a random e-mail
Body had planned to discuss corruption in Competition Commission.
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Law and order problems: An almost unlimited demand for private security firms
Some of the more reputed firms report turning away clients; many find it hard to recruit quality personnel.
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Govt to refund exporters’ social security deposits
Move aimed at facilitating and encouraging textile exports.
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Neelum Jhelum: Project’s dam diversion tunnel completed
After completion of the dam, power unit of 50 MW will be installed in the diversion tunnel adding to the 969MW unit.
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SECP and FBR agree on data sharing
Draft of new companies law to be finalised by December 2012.
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Market watch : Stocks fall as market gets crowded
KSE’s benchmark 100-share index drops 38 points.
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ADB to fund new $97m hydropower plant
The project will help ease power shortages in country.
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Fauji, Fatima Fertilizer increase urea prices
The rise has come following Engro’s price hike.
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Capital market uplift plan being prepared
Company and takeover will also be revamped.
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Not so independent: Power producers to pay more for gas supply
Cabinet likely to approve 18 % increase in gas tariff for IPPs, 2 weekly holidays, infrastructure cess.
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Floods in Pakistan damage 3.7% of total crop area: FAO
UN's food agency at least 880,000 hectares of standing crops have been destroyed by floods.
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Circular Debt: Private sector owes Rs130b in electric bills, Secretary Finance
He also informed that $700m in Coalition Support Fund (CSF) have not been received during the current year.
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Oil and gas theft: NA Standing Committee approves bill proposing punishment
Parliamentary body gives go-ahead to proposal with maximum jail term set at 14 years along with fine of Rs10m.
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Chain reaction: Surprise rate cut takes KIBOR to 26-month low
DG Khan Cement annual earnings to jump 7.8% from interest rate drop.
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Lotte seeks increase in import tariffs
‘Company will expand its plant only when the industry is protected’.
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Labour issues: Engro Fertilizer contract workers protest in Daharki
Union demands better compensation and benefits, action not yet a strike.

















































