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SBP to announce monetary policy on 29th
SBP Governor Shahid Kardar says government borrowed Rs184 billion ($2.15 billion) from the central bank since July 1.
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‘Local sugar injurious to health’
Minister for Science and Technology admits to importing sugar from Dubai to safeguard own health.
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Why higher prices are unjustified despite flood losses
Even with the added expenses of transport and lodging, the increase in animal prices appears unjustified.
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Furnace oil imports at all-time high
The import of furnace oil rose to a record high at 0.7 million tons in October.
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KSE fails to attract investors on first day
KSE-100 index at Karachi Stock Exchange (KSE) gained 35.63 points, or 0.33 per cent, during trade on Monday.
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No sugar sold in TCP auction
Eight parties submit bids, offered prices below the landed cost of Rs65,000 per ton.
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State Bank lays framework for sustainable microfinance
SBP implements programme in a bid to provide micro credit to cash-strapped small and medium enterprises.
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S & P maintains Pakistan’s debt ratings
Improved liquidity position backed by foreign loans does the trick.
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Power tariff increased by 2%
An increase of two per cent in the power tariff will be applicable on upcoming electricity bills.
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Govt has cut expenditure by Rs20 billion: finance secretary
Finance secretary also says fiscal deficit will remain at Rs361 billion for the fiscal year 2010-11.
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The corporate do-gooder
Capitalism need not be constructed on selfishness alone.
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The scope of responsible business
Being a corporation entails being a part of the community.
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Talking business
Opportunities came and went but the finance ministry failed to impress the cabinet to rally around the bill.
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The week in focus
The government faces an uphill task to enforce RGST and flood surcharge in an attempt to gather much-needed funds.
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Korean tech giant digs deeper into Pakistan
Samsung's Android-based Galaxy Tab tablet to officially make it on November 20.
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The heating global financial war
Issuing billions in fiat currency has devalued the dollar resulting in cheaper US exports.
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Why the new tax is a good idea
And why opposing it means supporting evaders.
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Deal struck on $375 million wind power plant
Project to produce 150 megawatts of electricity by installing a plant close to Karachi.
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Black gold
Reports of huge reserves of coal buried under the sands of the Thar desert in Sindh have surfaced time to time.
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LPG price raised by Rs8 per kg
Domestic cylinder price increased by Rs100, commercial cylinder increased by Rs400.
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Pakistan Development forum kicks off
Provincial representatives claim they have overcome differences with regard to the reformed general sales tax.
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Curbs on exports to Afghanistan removed
Khyber-Pakhtunkhwa had earlier banned exports, citing high prices, unchecked smuggling.
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Chilli shortage set to sting consumers
Sindh’s red chilli production posts sharp decline due to serious water shortage and torrential rains during harvest.
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Blast to have repercussions for already depressed trade
Business owners assert latest blast to hit Karachi has caused irreparable damage to the confidence of foreign buyers.
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Stocks hit 27-month high before closing flat
Market surges on first day but tax issues drag it down rest of the week.
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Old wine, new bottle
The new bill carries only cosmetic changes from the withdrawn VAT bill.
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Pace of industrialisation to pick up
Industries minister says provision of free land for industrial zone in Larkana will speed up industrialisation.
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‘Smuggling needs to stop to reap benefits’
Transit trade agreement leading to smuggling as containers are imported to Afghanistan and then re-routed to Pakistan.
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Omantel may inject $70m into WorldCall
Troubled arm needs funds for capital expenditure, debt restructuring.
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Chinese companies keen to invest in country
LED technology is being utilised in China for lighting streets, parks and other public and private buildings.
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Heckles greet controversial bills in NA
MQM calls RGST, flood surchage bill last nail in economy's coffin; PML-N calls it a recipe for complete disaster.
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Court asks for pre-1973 Constitution natural-gas sharing formula
Industrial associations file petitions challenging outages of electricity and natural gas in Karachi.
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Employees at offices near blast site resume work
Structural losses may be repaired but the psychological toll may linger on.
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Oil refineries’ production drops 15%
Month-on-month output up 30 per cent in October, while production in first four months of current fiscal year drops.
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Finance minister disturbed at cabinet’s extravagance
Unauthorised use of official vehicles hurting national kitty, Shaikh takes up matter with Prime Minister Gilani.
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Stocks fall as investors stay away
Karachi Stock Exchange benchmark 100-share index ends 0.29 per cent or 31.22 points lower at 10,874.02 on Friday.
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No buyers while prices of sugar rocket
TCP sells just 6,000 tons against offer of 19,000 tons, as senate body hold government responsible.
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Encroachments cause traders Rs350m losses daily
Roadside vendors avoid sales tax, electricity charges and cost economy billions, allege traders.
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President Zardari’s China trip
The only leader who seems to have an understanding of the need for strengthening economic ties with China is Zardari.
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Media watch: Taxing times
Media discusses the possibility of the the RGST and flood tax being implemented and its implications for the country.
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Stocks fall as investor interest turns sour
The Karachi Stock Exchange benchmark 100-share index ended 0.34 per cent or 36.7 points lower at 10,905.24.
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Government policy, business reality at odds
‘Pakistan market over-regulated and under-developed’.
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Trade deficit widens by 11.9% for July-October
Exports grow by 19 per cent, imports by 16 per cent.
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KAPCO removed from MSCI Pakistan Index
Foreign funds may offload their positions from the scrip.
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Sugar prices ease as supply resumes
Sugar prices recede for second day in a row throughout wholesale markets of the country.
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Draft exempts food, life-saving drugs, books
General Sales Tax Bill draft also excuses 184 textile units from paying sales tax on utilities.
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Remittances rise by 13% to $3.5b
Remittances continue to show a rising trend as a total of $3,501.4 million is received first 4 months of fiscal year.
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Car sales increase by 14 per cent
Higher demand despite rising prices leaves some analysts baffled.
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Emirates keen to expand business in Pakistan
Country contributes 12 per cent to airline’s regional revenue.
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Pakistan hits back on allegations of corruption
Some countries do not want to pledge money for reconstruction and they are using the corruption pretext.