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GM corn seeds to generate additional Rs100 billion
Will help meet increasing demand for food, fibre, fooder in Pakistan.
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Tractor industry suffers from erratic policies
Low income of farmers, absence of subsidy hurt tractor sales.
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Investors unwilling to finance IP pipeline: Abbasi
Pakistan could not build pipeline as it still faces threat of sanctions
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Monetary policy statement: Interest rate cut surprises SBP watchers
It is expected to benefit govt in terms of lower debt rollover cost.
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Govt may increase tax on dividend income to 20%
Also likely to levy income tax on companies suffering gross losses.
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Pakistan’s per capita income rises slightly to $1,561
However, it misses critical savings and investment targets in 2015-16
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Pakistan to sell 40% of stock exchange
PSX has already reached out to the London, Shanghai, Turkish and Qatar stock exchanges
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Panama leaks: Money sent through illegal channels cannot be traced
Parliamentary body could encounter difficulties in conducting the probe
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Pakistan’s economic outlook at six-year high
The business confidence in the country has improved to a positive 36% in the last six months
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Any need for self-sufficiency in edible oil?
Government should encourage value addition, which will lead to lower consumer prices
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The missing component of regional integration
People-to-people contact is necessary for fostering economic and trade links
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Revival going on in construction, housing services sectors
Building and modernising infrastructure will ‘crowd in’ private investment in industries
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Bribery incidence in Pakistan much higher than rest of South Asia
Infant mortality in Pakistan stands at 66 per 1,000 births, one of the highest in Asia
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Crackdown looms for India's super-rich tax avoiders
Lamborghini rolled out its new supercar onto the streets, local millionaires could hit a bump thanks to the 'taxman'
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G7 warns over global economic outlook
Group focused on growth, terrorism, refugee flows and Britain’s exit from EU
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IMF research: Japan’s easy policy benefits Asian economies
QQE was launched in 2013 and targets both government bond purchases as well as other assets
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Auto part manufacturers to exhibit products in US
Hoping to win export orders from American automakers
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Economic progress controversy: Dar proposes getting GDP data vetted from expert
Responds to allegations of data fudging to show higher than actual growth
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Bank loans: ECC refuses to permit Rs2b mark-up payment
Power ministry has to bear mark-up on loans being acquired to pay hydel profit to K-P
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Flights to and from Islamabad airport rescheduled for next two Mondays
The runway at the Benazir Bhutto International Airport would remain closed for five hours from 1pm to 6pm
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Weekly review: Bourse enters new territory as political tension eases
Possible upgrade of Pakistan’s market in MSCI, news of $300m ADB loan contributed to index gains
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Monetary policy: SBP cuts policy rate by 25 basis points
From 6% to 5.75%, the decrease came as a surprise to banks, analysts
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Is Motorola bringing back the legendary Moto Razr?
130 million of units of Motorola Razr was sold globally
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FPCCI demands reduced sales and corporate tax
Says finance ministry should cut sales tax by 7%
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Proposals: Increase in taxes, duties should be avoided, says LCCI
Asks govt to join hands with businessmen in the interest of economy
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Protecting local industry: NA body recommends 100% duty on milk import
Says prohibited powder being mixed in imported milk
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Resource allocation: WAPDA chief pushes for better water management
It is vital for future generations keeping population growth in view
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Market watch: Bourse reaches record intraday high, closes flat
Benchmark KSE-100 index rises 8.45 points
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Sui mining: Centre, Balochistan agree to extend lease by 10 years
Wellhead gas price to be set at 55% of 2012 petroleum policy
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PSM management plans to axe half the employees
Similarly, a third of contractual employees will be laid off
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Sindh govt keen on devising labour policy
Has promulgated 15 laws, is revamping worker welfare schemes
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Power ministry suggests exempting key input from duties
Govt collects 10% customs duty, 17.5% regulatory duty on electrical steel sheets
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Govt misses most critical growth target amid suspicion
Agriculture output contracted 0.19%, contribution to GDP shrank 20.5%
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Recommendations: Quetta Chamber demands 10-year mineral policy
Asks centre to utilise subsidy on shifting tube wells to solar power
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Poultry and meat consumers may be burdened
Govt initiates third phase of SRO withdrawal as agreed with IMF
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Risking agri-output: Biosafety body approves GM seeds without consultation
Commercial viability of genetically modified seeds outstrips the dangers
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Market watch: PSX sets new record high with sharp rise in volumes
Benchmark KSE-100 index increases 366.84 points
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Recovering cost of theft: NEPRA dismisses request of power distribution companies
IESCO, HESCO and QESCO were seeking to recover cost of theft from consumers
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Rejecting demand: Ban on cotton import from India opposed
Millers argue output in Pakistan is not adequate to meet their needs
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Dealers for allowing import of up to 5-year-old used cars
All Pakistan Motor Dealers Association believes the measure will lead to a 100% increase in tax collection
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Experts criticise govt, IMF for data manipulation
Say balancing of payments alone does not constitute economic planning
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Pakistan Railways restructuring: ADB set to approve $300m budgetary support loan
Restructuring public sector enterprises would be programme’s focus, instead of privatisation
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Pakistani app developers making a mark
Competition in the global market is immense but Pakistani companies are managing to hold their share
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Benefiting : ‘Pakistan should utilise Italy’s experience’
Planning minister seeks increase in olive cultivation through partnership
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Dar highlights govt’s role in uplifting poverty
Finance minister meets IFAD vice-president to discuss way forward
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Protest against power blackouts causes petrol shortage
Traffic congestion disrupts oil supply to filling stations across the country
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Market watch: Index gains as bullish sentiment returns
Benchmark KSE-100 index increases 181.09 points.
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Mutual funds: MUFAP pushes for removal of tax anomalies
Sees these as obstacles in expansion of AMCs.
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Shipbreaking yard workers: Deplorable working conditions endemic at Gadani
Life of labour miserable, deaths being caused, says NTUF.
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Govt likely to double WHT on cash withdrawals
FBR wants to collect an additional Rs3b through this proposal

















































