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‘New bill to ban use of inefficient electrical appliances’
Law to reduce power wastage.
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Pakistan-Mexico: Deal signed to avoid double taxation
Deal to prevent double taxation on income of residents of the two states.
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Govt sees $11b oil import bill next year
This year bill may reach $12 billion due to higher crude prices.
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Banks asked to pay mark-up subsidy
Facility was offered under export finance and textile loan schemes.
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Rupee drops to eight-month low
High dollar demand, major outflows top reasons for depreciation .
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Market watch: Bourse jumps on positive expectations
Benchmark KSE 100-share index gains 95 points.
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Saudi Arabia budget carrier to attract labour class
Local airline to face tough competition.
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TAPI pipeline project: Countries reach agreement on gas price
Officials to meet on May 30; will discuss transit fee and gas specification.
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Sit-in to block import and export of cargo
Tehreek-e-Insaf to stage protest against drone strikes.
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Preview: Discount rate likely to stay unchanged
Eight of ten analysts expect status quo for the fourth time in a row.
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Pakistan assures IMF: New tax measures to generate Rs120b
Move aimed at keeping budget deficit at 4 per cent of GDP.
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Nokia is Pakistan's top brand: Nielsen Research
However, Dawlance lead the charge as the top brand in the Household Appliances category.
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Businessmen urged to expose smugglers
FBR says cannot stop smuggling without help from traders.
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Financial market: Mutual funds industry grows 21 per cent
Equity funds category remains lacklustre.
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Market watch: Another dull session as bourse ends flat
Benchmark share index eases six points.
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Companies want wellhead prices linked with international market
Provinces asked to ensure security in troubled energy-rich areas.
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Gas diversion: Govt, fertiliser firms meet to finalise accord
Power plants to be paid subsidy of Rs6b for using diesel.
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Qamar rules out privatisation of power firms
Govt to hire competent people to improve efficiency.
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Power breakdowns: ‘Failure to supply oil caused massive outages’
Fuel shipment to reach Pakistan in a few days: PEPCO.
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Pakistan Afghanistan transit trade: Trucks may finally start their engines next month
Pakistan softens stance that Afghanistan must provide guarantees through either Pakistani or international banks.
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Electricity prices: Power tariff hikes linked to efficiency improvements
IMF and government agree to formula on energy pricing, govt agrees to 2% increase in power tariffs.
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Oil margin revision : Shell earnings may jump 50%
An increase of 20 to 25 per cent in oil dealer margins likely.
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Livestock research institute under probe
Most of the projects exist on paper only: official.
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Gems and jewellry: Minister directs reconstitution of PGJDC
Minister aims to make the company operational and fully functional entity.
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Mega water projects to get Rs33b next year
Govt to earmark Rs20.5b for Diamer-Bhasha Dam.
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Business ties in crosshairs: UK minister Alistair Burt visits Karachi
British medical company partners with the health ministry for project.
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Market watch : Volumes fall to eight-month low
Taxation issues, increased paper work keeping investors at bay: equity dealer.
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K&N to export poultry to the UAE
Spain and France retail market also on the cards.
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FBR proposes indirect tax on farm production
Levy may be imposed on initial stages of production process.
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Telecom watchdog blocks 0.87m SIMs
PTA takes action during drive to re-verify antecedents of cellphone users.
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PTCL dues: Secret mission returns empty-handed from UAE
Etisalat chief may arrive next month to discuss the blocked $800m for PTCL shares
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PTA blocks thousands of unregistered SIMs
PTA has so far found 13.2 million SIMs rightly registered out of a hundred and five million.
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Pakistan’s weight rises in MSCI Frontier Index
Country stays at sixth place in the 26-member index.
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Power companies to cut supply to defaulters
Qamar imposes ban on politically-motivated transfers and postings.
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Mutual funds set to lure clients
‘Industry needs to reach the Rs500 billion mark’.
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WAPDA agrees to initiate sedimentation survey
World Bank to provide funds for the study.
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Mangoes to the US: First-ever batch to be exported in June
Shipments will be dispatched every week from Lahore.
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Crackdown: Petrol pumps that shut down ahead of price revisions warned
Proposed penalties against dealers include fines and revoked licences.
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Market watch: Kerry comments on Pak-US ties lift bourse
Benchmark KSE-100 index gains 28 points.
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Current account records $748m surplus in 10 months
Strong exports, record remittances keep the account in the black.
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Engineering goods: ‘Exports can reach $1 billion mark’
Pakistani products are sold at very low prices in the global market.
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Widening the tax net: Revenue automation body, NADRA to merge
Highest ratio of gap in taxation is in the income tax area: FBR .
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Revision in oil pricing formula likely: Oil marketing companies to get increased margins
Petroleum ministry forms body to implement changes.
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Thar coal: ‘Influential elements hindering project’
Sindh finance minister says delays are a conspiracy.
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Commercial power: Govt mulls 100% increase in withholding tax
The government is expecting to generate an additional Rs18 billion from 4.3 million commercial consumers.
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Oil tanker terminals: Oil companies reluctant to provide funds
PM’s adviser assures of timely construction with basic facilities.
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Russian teams to arrive in coming months
Investment in steel, energy, oil and gas sectors to be invited.
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Securities’ dealers: SBP invites applications for 2011-12
SBP invites applications from interested financial institutions for appointment as primary dealers of govt securities
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Inland Water Transport Authority to be established
Transport via sea route much cheaper than rail and road.
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Energy sector woes: Oil consumption falls 10%
Motor fuel sales go against the trend and rise.