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Power breakdowns wreak havoc in Karachi’s industrial areas
KE officials say utility faces shortage of 500MW, expects situation to improve after May 31
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Poultry shortage feared in coming weeks
Feed ingredients stuck at ports due to misinterpretation by Customs
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Chinese firm gets nod for setting up power plant
Will develop 300MW power project in coastal city of Gwadar
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SimSim gets SBP’s approval
'SimSim’s instant mobile account will go a long way in boosting financial inclusion in the country'
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PSX, GCCI move for SME financing
On the basis of the MoU signed, PSX and GCCI would collaborate to generate awareness amongst SMEs
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Currency: Rupee stable against dollar
The currency market has fluctuated regularly in recent months
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Pakistan to test 5G mobile internet by 2020
PTA says applications will be floated to gauge interest
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Market watch: Stocks take another hammering as taxes drive away investors
Benchmark index falls 685.74 points to end at 51,453.16
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Railways eying $2.5b ADB loan for improving service
Minister stresses all best offers in railways’ interest should be considered
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Ministry suggests keeping oil stocks for 30 days
At present, oil companies are bound to keep stocks for 20 days only
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Govt stops short of unveiling ‘popular budget’ despite polls next year
This indicates govt’s confidence in being re-elected in 2018 elections
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FPCCI vows support to real estate agents
Country needs more homes for its growing population, space for offices and facilities for workforce
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Aptma terms 12%-of-GDP export target ‘impossible’
Spokesman criticises Budget 2017-18, says it offers nothing for industrial growth
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Steel set to become expensive as budgetary measures kick in
Industry official says price could be increased by Rs2,500-3,000 per ton
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Stock market gearing up for MSCI inclusion day
Reduces time required to confirm large trade orders, increases staff at commercial banks
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NTDC says power failures due to transfer trip signal
Claims Hubco Power Plant did not trip on transmission fault
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Chinese group in Peshawar to push refinery project
MoU has already been signed for the 15,000bpd refinery
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Currency: Rupee stable against dollar
The currency market has fluctuated regularly in recent months
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Balochistan Delegation: Agriculture team visits AARI
500 varieties of different crops have so far been introduced by the research institute
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Market watch: New tax measures pull down KSE 100-share Index
Benchmark index falls 497.97 points to end at 52,138.9
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Public-private partnerships key to achieving SDGs
Pakistan is a long way from realising the 17 Sustainable Development Goals.
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Pakistan’s economic growth still hindered
Pakistan could not improve substantially upon its exports which stood at $7.8 billion in 1999
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Pakistan Economic Survey – ups and downs
Total debt has risen to Rs20,872 billion compared to Rs14,318 billion in 2013
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Understanding the misconception of Pakistan’s petrol prices
High time partisan and incorrect views are abandoned by electronic media, politicians.
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Ministries, trade agencies in dire need to work together
PM should consider bringing BoI under commerce ministry to let the two agencies work closely.
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Budget 2017-18 – what it brings for ICT
Smartphone is now the most used gateway to internet, it should be duty-free.
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Apple opens store in Southeast Asia
Apple opened its first store in Singapore on Saturday
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PepsiCo in bid to acquire Vita Coco
The acquisition would help PepsiCo diversify its offerings as it grapples with stagnant sales
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Values ; Pope denounces financial speculators
Criticises the group that ‘chases maximum profits at the expense of workers’
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China’s reforms not enough to arrest mounting debt: Moody’s
Comments come just days after rating agency downgrades China to A1
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Despite some relief, agriculture sector unhappy with budget
Farmers claim Rs1,001b credit facility doesn’t befit Rs6,000b agriculture economy
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Tanners pleased with removal of customs duty on raw hides
Asks govt to encourage farming and breeding of animals for raw material
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Weekly review: KSE-100 gains 3.73% as MSCI EM inclusion nears
The benchmark index continued its bullish run in the outgoing week, gaining 1,895 points
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Only 76% of allocated funds spent on water projects
Sector falls in govt’s priority list; country’s food security at stake
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Govt downbeat on recovery of $800m from Dubai-based firm
Expects Rs141.8 billion from US as part of Coalition Support Fund
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Finance Bill 2017: Govt proposes delegating cabinet’s power to minister
If approved by parliament, finance minister and FBR will enjoy powers not even allowed to PM by the SC
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Budget 2017-18: K-P proposes 57 projects in power sector
Majority of the proposed projects are to be financed from the K-P Energy Development Fund
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What PML-N did in Budget 2017-18
So what was Budget 2017-18 like for these sectors and how much was allocated to each
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Baitul Mal, BISP funding capped up
Govt allocates Rs6 billion for PBM, Rs121 billion for BISP
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Cost of security beefed up by 36%
Interior Division gets Rs15.67b under PSDP
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Salaries & pensions: 10% ad hoc relief in basic pay for public servants
Pensions up 10%; minimum wage raised to Rs15,000; measures to additionally cost national kitty Rs125 billion
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Rs1.64tr earmarked for debt servicing
A third of money to account for settling foreign loans, paying interest on bank loans
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Budget 2017-18: Rs90m set aside for new civic projects in capital
Additional funds allocated for over-budget project of house for NA speaker
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Rs11b set aside for capital’s schools, colleges
Smart schools to be set up; two new colleges to be built
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Budget 2017-18: AJK, G-B to get Rs43b, FATA Rs26.9b
Substantial increase seen in allocations for development funds
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Defence spending up by 9.5% to Rs920.1b
Amount does not include Rs180 billion allocated for pensions of military personnel
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Rs4.75tr status-quo budget unveiled
Inadequate measures to control emerging threats to external sector; no reforms to improve governance of public sector
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In capital, two new schemes to be funded in the new fiscal year
The Ministry of Climate Change has been earmarked to get Rs815 million for development in the fiscal year 2017-18
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Rs120b worth of new tax measures
New taxes imposed in five years add up to Rs1.3 trillion
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Subsidy allocation shrinks, but actual disbursement may break ceiling
Govt withdraws subsidy on fertiliser sales, earmarks Rs15.5b for KE

















































