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Myth buster: Debunking the clichés in economic policy making
No policy framework can succeed until it moves beyond populist economic thinking.
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Untended orders: Urea shortage could lead to missed targets
Kharif crops feel the impact as sowing gets delayed.
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Afghanistan-Pakistan Transit Trade: Business community still not convinced
The fear of smuggling continues to cast a shadow over any positive aspects of the deal.
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Saying one thing, meaning another
It’s not what you say, but what people hear.
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Industries receive audit notices
Board of Revenue to carry out inspection, businesses oppose.
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Bilateral ties: ‘Swiss support vital for Pakistan’
Efforts like exchange of trade delegations and single country exhibitions in Switzerland needed to strengthen ties.
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Inflation index: Sensitive Price Indicator increases 16%
In the past week, the average prices of seven items fell while those of 18 items rose and 28 items were unchanged.
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Human resource training agreement signed
Training will be provided in all sectors for benefit of business community.
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Brick kiln owners protest against sales tax
Brick kiln operators threaten to take strike nationwide from first Ramazan.
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Kunnar Pasakhi: OGDC cancels tender for gas exploration project
Company will develop the field using own resources, which will supply 100 mmcfd of gas.
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Mango exporters meet Japan quality standards
First shipment sent, exports on commercial basis to start next year.
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Dismal: Businessmen concerned over falling investment
Ongoing energy crisis and worst law and order situation are the main factors spoiling the investment scenario.
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Karachi violence: FPCCI calls for improved law and order
Nation should play its role in restoring business community's confidence for socio-economic development: FPCCI.
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Politicians urged to play role for peace
Businessmen say target killings in Karachi are putting a very negative impact on the economy.
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PEPCO asked to adhere to power outages schedule
Unscheduled loadshedding of up to 18 hours slowly pushing industries towards collapse.
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Revenue: Rs23b collected in 15 days
Complaints over refund cases of upto Rs6 billion asked to be evaluated and cleared.
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CNG stations: Ministry seeks inspection rights for Hydrocarbon Institute
Wants to break Ogra’s monopoly over grant of rights.
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Market watch: Stocks gain, led by fertiliser companies
Benchmark KSE-100 index firms 79.19 points.
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CNG price hike to generate Rs7.3b annually
Hike probably not enough to cover raise in wellhead prices.
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Large-scale manufacturing growth falls 2.3%
Drop in production of electronics, petroleum products and textile affects growth.
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Govt to impose petroleum levy on locally produced LPG
The $110-$120 per ton tax would help ensure level playing field.
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Chamalang project: Marri tribe blocks coal transportation
Blockade puts mining at one of the country’s largest sites in jeopardy.
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Sales Tax: Return filing date extended
Earlier, the taxpayers were required to file returns by July 15, but now the date will be extended by 7 to 10 days.
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Gold touches record Rs43,542 per 10 grams
Karachi, Hyderabad bullion markets closed following violence.
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Standstill: Industries come to a halt again
the 6 industrial zones operating in Karachi had a daily production volume of Rs20 billion, Rs. 3 billion goes to govt.
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Coordination: French Consul General visits Sanofi-aventis
Sanofi-aventis (Pakistan) produces more than 89 million packs of medicines annually.
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Forex reserves ease to $18.11 billion
Debt repayments bring down reserves from peak.
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WB delays tax reforms assessment visit
Mission to arrive on July 19 as it waits for IMF meeting.
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High Commissioner to UK pushes for trade
Entrepreneurs meet Pakistani govt officials at workshop.
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UN to help implement new growth strategy
Poverty Reduction and Social Policy Development to work together.
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NBP lagging behind peers in online banking
Country’s largest bank likely to catch up in 6 to 12 months.
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Oil and gas sector: Production remains flat for third straight year
Pakistan Oilfields’ witnesses significant improvement .
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Foreign investment falls eight per cent
Drop in foreign direct investment of 27% caused overall decline.
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Profitable freight trains come to a near-halt
With shortage of locomotives, Railways prefers passenger service.
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LNG import project: Govt to accept bid at 80% of oil price
Company setting up floating storage may be offered 50 cents per unit.
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Investors shy away: Target killings, political uncertainty cripple businesses
Industrialists fear huge flight of capital to other countries.
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Power shortfall almost 6000MW: PEPCO
Loadshedding up to 12 hours in urban centers, up to 16 in rural areas
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Financing reconstruction: Where is all the money?
Prime minister’s flood relief fund remains unused; UNDP unable to achieve many goals because of a lack of funding.
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Another governor leaves: Govt tight-lipped over Kardar departure
The finance ministry, SBP and presidency refuse to confirm or deny the resignation.
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World Bank-Backed: Audit of tax reforms project to start from 18th
AGP will conduct an audit of FBR subsidiaries including PRAL, Large Taxpayer Units and Regional Tax Offices.
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Brick kiln owners announce shutdown
Demand withdrawal of sales tax imposed in budget.
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Market watch: Bourse rises on healthy corporate result expectation
Benchmark KSE-100 index gains 71 points.
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Gold touches peak at Rs43,114 per 10 grams
Investor interest high in bullion.
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Security measures: New home minister assures businessmen
Delegation address their concerns in a meeting.
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Govt borrows Rs111b through treasury bills
Yield on six-month papers rises.
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India misses the bus with wheat export decision
Russia sells commodity at throw-away price.
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Khyber-Pakhtunkhwa approves mega projects
Projects to help contain eco-hazards.
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Clean energy: Pakistan likely to approve 150MW wind farm
Norwegian firm planning to invest $1 billion.
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Fibre optic cable: Wateen lands Balochistan project
Project to benefit around 5.2 million people.
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Promoting healthy competition: CCP to keep close watch on top five banks
Cartelisation has become a norm in Pakistan, says anti-trust watchdog’s chief.