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Ministry inks MoU to market research products
Agreement would help develop SMEs, provide assistance to SEC in new products
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By misusing freight margin, oil barons pocket Rs8 billion a year
Officials says barons prepared fake documents to claim freight on oil transportation
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Texpo 2016: Every step being taken to enhance exports, says Dastgir
Some manufacturers feel exhibition not serving due purpose
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Minister urges US support in HR training
Says govt keen to benefit from top US universities
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Three of every 10 Pakistanis officially poor
Government changes calculation methodology, classifies 59 million as poor
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Samsung flags better than expected Q1 profit rise
Samsung estimated overall sales for the first quarter at 49 trillion won, up from 47.1 trillion won a year before
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Criticism: FCCI prepares draft on budget proposals
Says government’s low tax collection result of haphazard policy
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Tapping developing economies: Philips deems Pakistan ‘a very important market’
Says business prospects huge due to growing population, CPEC
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Oil and gas royalty: OGDCL has paid Rs229.7b to all provinces
The company paid Rs124.558 billion to Sindh
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Govt slows refund payments to meet tax target
Only Rs47b has been refunded in July to March, which is 10% less than previous year
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Market watch: Stocks close higher as bullish wave continues
Benchmark KSE-100 index gains 179.88 points
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Food Security and Research: Ministry to procure 7.5 million tons wheat
Procurement to be made at govt-fixed rates of Rs1,300 per 40 kg
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Punjab industry likely to get gas 24/7 in future too
SNGPL MD says LNG import has ended shortage, its volume will rise to 1,200 mmcfd
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PICIC Insurance up for merger with Crescent Star
Both companies among smaller players in country’s non-life insurance industry
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KCCI appeals govt to reduce gas tariff
Urges ministries to look into declining exports, especially in textile sector
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PSM CEO could continue despite expiration of contract
Process under way to approve two-month salaries of employees
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Structural reforms remain distant dream: PFBA
Chairman urges local investors to exploit country’s potential, bring foreign investment.
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Investment management: SECP, CFA ink MoU to raise awareness of investors’ rights
Collaboration to help advocate high level of ethical standards, ensure transparency
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Pharma Bureau insists on revising SOPs
Says delay in allocation dates could mean shortage of life saving drugs
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Punjab encouraging Chinese investment to eliminate energy crisis
Would also create employment, support other industrial segments
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PSO sends back ship carrying poor quality petrol
Vessel had brought 50,000 tons of motor gasoline from UAE company
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Market watch: Profit-taking takes shine off index’s northward journey
Benchmark KSE-100 index falls 41.93 points.
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Revision: PBA wants income tax rate to be brought down to 32%
Banks’ association wants same tax rates as those on corporate sector
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Cement sales jump to record high
Domestic dispatches remain high, turnaround in exports witnessed.
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Govt to set up LPG air-mix plants in hilly areas
These places don’t receive natural gas, bank on burning wood to meet needs
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Italy interested in Pakistani market
Great potential for cooperation through joint ventures
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Water scarcity ‘biggest threat’ to Pakistan
Dire situation in Balochistan can affect economic corridor.
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Equities market: PSX suggests measures to nip volatility at bourse
Proposes to make 25% free float compulsory, introduce index-based market halts
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OGRA warns of action against filling unlicensed LPG bowsers
About 400 uncertified manufacturers are operating in Lahore, Gujranwala
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Market watch: Stocks attract interest as volumes hit 5-month high
Benchmark KSE-100 index rises 358.8 points
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Auto part manufacturers: PAAPAM pushes for exemption from steel import duty
Asks govt to deal with auto and steel industries separately
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Rs1.6b worth of imported urea goes missing
NAB, FIA conducting investigation into the matter
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Upgrading plants: Irked by refineries, govt keeps duty unchanged
ECC approves summary moved to withdraw increase in duty on sale of diesel
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Iran oil minister says will keep raising production: Mehr news agency
His comment appeared to further threaten the prospect of an effective agreement at the meeting
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Job opportunities for women in Islamic banks
Apart from few professions, women are not visible in financial services
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Foreign currency flows: Pakistan needs steps to fill forex gap before June
Experts should launch debate to find plausible way out
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Female participation in workforce makes sense – at all levels
Would not only provide cheaper labour but also benefit households, improve living standard of poor strata
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Mega projects need to have mega economic returns
Question arises over CPEC-related projects’ worth to Pakistan
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Is Pakistan really a dream destination for China?
Has to compete with more robust economies
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Time for Pakistan to re-look budgetary priorities for 2016-17
Without adequate spending on social sectors and water resources, country to remain mired in poverty
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Govt turns down IMF proposal to limit supplementary budgets
Lender suggested constitutional change to make parliament’s approval mandatory
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Pak-China links: Logistics complex construction to facilitate trade
The project covers an area of about 58 hectares southwest to the county
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Opportunities: Chinese delegation to visit Texpo 2016
PRGMEA would arrange factory visits for the Chinese delegation and business to business meetings with its members
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Oil prices tumble as Riyadh hesitant on limiting output
Kingdom will freeze production only if other countries agree to do the same
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Automobile: US auto sales rise but boom seems to be ending
People should get used to a lot slower growth: analyst
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SMEs need attention, will help economy grow
FCCI officials discuss importance of sector; evaluating SMEDA’s performance.
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Food security committee: Members irked by ‘abrupt’ cancellation of meeting
Issues on agenda included DPP DG’s appointment, import of substandard olive trees
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Great time for cloud computing in Pakistan, says Oracle
Country sales manager outlines benefits of adopting cloud services for more productivity
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Weekly review: KSE-100 climbs 573 points on positive news flow
Oil, cement and fertiliser sectors provided impetus; foreign investors take interest
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K-P agrees to pay Rs18b from net hydel profit
Ministry to take up increase in K-P’s hydel profit in CCI for approval

















































