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Corporate corner: UBL bags ‘KSE Top 25 Companies’ Award
The award is based on stringent criteria of superior performance
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Market watch: Index closes merrily in the black
Benchmark 100-share index gains 371.18 points.
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Agriculture: Wheat Travelling Seminar concludes
Scientists recommended strengthening of provincial seed production system
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Upcoming budget: OICCI proposes ‘long-term’ policies
Wants consistency in implementation to lure investors.
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Despite mini-budgets: Tax collection remains abysmal
Tax revenue stands at Rs230b in March, up by meagre 7.4%.
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Liberalising commerce: Second phase of tariff reforms to kick off in July
Duty rates and slabs will be reduced to open up trade with other countries.
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Tourism: PTDC making efforts to revive sector
Products and service of PTDC will also be promoted through social media
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Addressing Power Woes: Ministry official hails LNG terminal
A terminal normally takes around three or four years to complete and become operational
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Currency: Rupee stable against dollar
The currency market has stabilised over the past many months after experiencing extensive volatility
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Financial indiscipline: Auditors say Zakat system vulnerable to corruption
Central Zakat Administration allegedly involved in embezzlement.
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Tech scheme: APTMA chief laments delay
Federal government has withheld the notifications of initiatives under the Textile Policy 2014-19, says APTMA chairman
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Trade potential: Technology vital for exports, says president
Believes serious efforts could help to achieve rice export target.
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Centre and provinces: With three months left, proposal moved to constitute NFC
Matter had been pending as Sindh delayed nomination of its member.
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Market watch: Bulls bounce back in emphatic fashion
Benchmark 100-share index gains 1,306.83 points.
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Renewable energy: Village receives 45 solar home systems
Each of the SHS consists of an 80-watt solar panel, a 65 amp-hour battery, & a charge controller both coupled in a box
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Punjab government earmarks Rs227m to fight fruit flies
Province keen on improving agriculture sector, including horticulture.
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Extending a hand: Russia ready to help Pakistan Steel Mills
Ambassador says Moscow will decide in case entity is privatised.
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LNG supply: Gas companies demand revision in margins
Besides LNG users, other consumers may also have to pay higher tariff.
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Pakistanis expect low inflation in coming months: survey
March edition shows ‘no significant change’ than previous one in January.
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Planning and Development: Re-gasified LNG power plants approved for Punjab
CDWP gives thumbs-up to projects that will cost Rs169.6b; will be financed by PSDP.
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Govt increases petrol prices by Rs4
Prices of kerosene, HOBC and light diesel oil remain unchanged
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Nepra announces cuts in power tariff
Power tariff for K-Electric consumers cut by Rs1.23 per unit; Rs 2.08 per unit for consumers of other companies
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Energy costs: Petrol prices likely to go up by 6.3% in April
Govt may lower sales tax to absorb some of the impact
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Quaid-e-Azam Solar Park: 4,500 acres leased to Chinese company
Entity will develop nine 100MW plants to be run on solar energy.
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Food requirement: Borlaug institute to be set up in Islamabad
Institute will carry out research on crops to improve productivity.
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Water supply: Conservation key to avoiding scarcity, urges Asif
WAPDA to create awareness among masses.
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Bounced cheques: Irfan Puri arrested by Interpol over $60m deal
Complaint registered by Dubai-based oil supplier.
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Tool factory’s bailout plea turned down
Approves Rs96m for salary payments on humanitarian grounds.
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LNG injection to begin today: Abbasi
200mmcfd to be added; talks with Qatar on April 1, says petroleum minister.
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LNG import, distribution: Govt mulling over setting up special purpose vehicles
CNG filling stations will be invited to participate in SPVs.
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National Bank: Former president to get paid for period he never served
He says board gave approval after seeking legal opinion.
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Upcoming fiscal year: Govt proposes Rs580b for development spending
Parliament approves; expenditure 10.5% higher than on going year’s amount.
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Rumours and panic: Index hit, bleeds 1,030 points
Foreign institutional investors were net buyers of Rs611 million on Monday
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Inconsistent standards: AGP raises hackles over Karachi land deal
Says CAA should have leased land to a single bidder in 2007, but blames them for doing so in 2010.
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View from McLeod Road: Can Fauji successfully pull off its diversification strategy?
Petrochemical giant unlikely to be able to create Bohemian cultural shift.
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Make believe: Society can see through subliminal marketing
Organisations tend to ignore cultural values in advertising products.
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Cause and effect: Myths about ‘economic inequality’ in Pakistan
Oxfam-LUMS report paints an incomplete picture.
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For the long haul: Adopting franchising as the way forward
It is a tested model for economic development and beneficial to Pakistan.
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Objective model: Philanthropy and the pharmaceutical sector
A look into MediBank; a zero-donation-based trust.
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Value-added textiles: Seasonal pickup in demand expected to propel exports
Stable rupee and investments are other positives for the industry.
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Technological advances: How modern IT systems improve manufacturing
Most Pakistani companies unable to adopt up-to-date methods.
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Visit to ICCI: Chinese entrepreneurs explore investment avenues
Interested in joint ventures, especially in hydro power and solar energy.
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Auto sector: PAAPAM dismisses allegations
"The APMDA letter is full of factual errors."
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Garment industry torn over several impediments
PRGMEA chief laments issues that have hindered growth.
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Fatal: Takata sued for $1.9b in Canada
Defective airbags reason behind class action lawsuit.
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Exporters say industrial wheel not spinning
Want load-shedding crisis to end; say line losses and theft need to be controlled.
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Utility stores want subsidy on household items
Management sends summary to ministry; cites decline in sales as reason.
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Liabilities overload: SME Bank no more financially viable, govt says
Considers its merger with NBP or making it subsidiary.
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Weekly review: KSE-100 plummets 1,842 points as investors panic
Positive news flows failed to stop bearish tide as index fell below 30,000.
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LNG transmission: Mechanism for collecting tariff not in place so far
Ministry asks ECC to allow amendments to third-party access rules.