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Strategic wheat reserves: Govt to cut stocks by 2 million tons
Government approves Rs165 billion sovereign guarantees for procuring 6.6 million tons from farmers.
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12% adults have access to formal banking
World Bank study suggests only only 24 million people hold bank accounts.
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Automated cargo clearance: FBR may purchase PaCCS by end of March
FBR expected to quote price to Kuwait-based logistics company Agility for purchase of its software.
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Government still likely to miss revenue target by Rs37b
Despite levying new taxes, government still dependent on FBR to bridge deficit.
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Govt moves to plug gaping budget deficit
Ordinances aim to collect an additional Rs53 billion through flood surcharge, withdrawal of tax exemptions.
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Civil aviation officers demand salary increase
The Civil Aviation Officers Association Pakistan has announced that it will stage a series of protests starting today
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Trade with Kyrgyzstan to be enhanced
Pakistan is expected to sign trade agreements with Kyrgyzstan in coming days.
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Textile exports: Turkish govt approached to seek duty exemption
Embassy of Pakistan in Ankara approached Turkish high-ups, seeking duty exemptions for textile exports from Pakistan
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Leather exports: Concern voiced over delay in duty drawback
The delegation, led by PLGMEA Chairman Fawad Ijaz Khan, met Collector of Customs (Exports) Ibrahim Vighio.
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Standard Chartered selects new Islamic banking head
Standard Chartered Bank Pakistan has announced the appointment of Azhar Aslam as the Head of Islamic Banking.
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Appointments: Abu Dhabi group gets new president
The Abu Dhabi Group has appointed Atif Bajwa as president of the group in Pakistan
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Investment flows slow down in February
Foreign direct investment (FDI) in the country continued to fall in February.
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Bank lending to small businesses declines Rs100 billion in 3 years
Bank credit to small and medium enterprises declined from Rs437 billion in 2007 to Rs334 billion by December 2010
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Market watch: Regional market tremors reach local bourse
The stock market plunged as the bourse felt regional market tremors on the back of concerns of radiation leaks.
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Loan write-off : State Bank extends deadline for claim submission
The State Bank of Pakistan has extended by one month the deadline for submission of claims for loan write-offs.
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Power supply to improve as gas outages end
SNGPL was bound to resume full supply from March 16.
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Government to transfer assets to power distribution companies
Govt decides to transfer their assets to the managements in order to give autonomy to state-run units.
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Five important but costly projects set to be approved
The cash-strapped government is all set to approve five new but essential projects costing Rs64 billion.
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Pakistan, UK trade volume may cross $1.6 billion
The current $1.6 billion trade volume between Pakistan and the UK has vast potential to grow further in coming years.
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Govt to bring private sector on board
Board of Investment suggests deregulation of power sector.
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Chambers sign MoU with Business Council
They will send delegates and facilitate Pakistani enterprises in UAE.
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SECP registers 23 companies in February
SECP registered 23 companies having foreign investment in February.
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JS Bank to issue discounted shares
Move comes as part of bid to increase paid-up capital.
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Garment exporters seek release of money
Zonal Chairman Mohammad Jawed Chinoy has said that over Rs1.5 billion, released by the finance ministry last month.
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‘Substandard drugs being sold in markets’
Monetary gains taking priority over human health: Economy Watch.
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Government aims to enhance value addition in textile
Ministry working on several projects to support sector.
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Wheat harvest commences in Sindh
Growers complain about shortage of thrashers.
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FBR to launch system to monitor tax evasion
Pilot project already implemented at regional office in Lahore.
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Market watch: Stocks flat despite launch of leverage product
Political uncertainty overshadows margin trading system.
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ICI eyes expansion of soda ash and polyester business
Chief executive calls for widening tax base and reducing non-development expenses
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State Bank expected to leave discount rate unchanged
All six analysts polled agree that status quo will be maintained again.
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Becoming a part of the solution: How to sell our country
Pakistan needs to hire a PR firm and give it the right ammo to change perceptions.
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The week in focus
Recent announcements about launching of a share offer in the domestic market could trigger a wave of investment.
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Air Blue victims: Justice or peanuts?
Compensation is a fundamental right of the victims' legal heirs but Airblue did not compensate them.
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Hi Tech agriculture: Chinese farmers go online
Technology is enabling farmers across China to reach potential buyers.
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The myth of Pakistan’s infinite gas reserves
How former president Musharraf has left the country with a gas shortage.
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Corporate suicide: Self destructing on the job
In the job market, often the employee commits hara kiri by failing to realise the values his employer holds dear.
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Gasification experiment conducted
Implementation could ensure electricity for 70 years.
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PSM board removes acting chief executive
The newly constituted board of directors of PSM removed the acting CEO Imtiaz A K Lodhi.
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State Bank to launch £10m financial innovation challenge fund
Nationwide financial literacy programme to be started: SBP deputy governor.
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Statistics law to be approved soon
Autonomous Pakistan Bureau of Statistics to be established.
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Political tensions result in lacklustre trading at KSE
Foreigners become net sellers as index closes flat.
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Gas imports: Pakistan to build offshore LNG terminal
CNG stations to remain closed for two days a week in Punjab beyond March 15.
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Appointment: Mufti Munib joins Modaraba board
The position had fallen vacant after resignation of Imran Ahsan Nyazee.
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FPCCI official seeks European help to revive economy
Calls for easy access to markets, removal of trade hurdles.
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Floods cause 16% drop in rice exports
Top exporters shift to wheat for better profits.
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Local cigarette production down
Figure could touch 18% by end of fiscal year.
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Market watch: Political uncertainty gets the bears moving
KSE-100 falls as investors worry about judiciary, executive showdown.
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KESC expects Rs1.5b revenue increase
Distributor to shift to cheaper fuels from costly furnace oil.
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Smooth Pak-India trade to strengthen economies
Expert says removal of barriers could lower trade deficit.