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Incentives: FIEDMC to build duty-free export estate in Faisalabad
Industrial units will enjoy tax exemption for 10 years.
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Sanctioned: Ministry bans sale, import of 23 food items
Use of Haram ingredients leads to restrictions.
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LCCI urges govt to complete energy projects
Power cuts impeding production, affecting exports.
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Post-eurozone crisis: IMF rethinking bailouts
This will give govts better options to stabilise finances.
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National Assembly passes finance bill
Approves all amendments moved by govt, rejects those of opposition.
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Stricter regulation: Canada overhauls foreign worker rules
Job-site inspections along with sanctions to ensure compliance.
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Business ties: Delegation departs for Tajikistan
Objective is to rejuvenate trade links, boost ties.
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Gas exploration: Mari Petroleum willing to give up Rs9.9b reserves
Company, in return, seeks an increase in wellhead gas price.
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Weekly review: KSE-100 gets battered as operation begins
Lahore incident and diminishing foreign interest contribute to market’s decline.
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Burden of debt
The actions being taken right now will add immensely to our economic woes and cripple future governments.
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The federal PSDP
Overall, the federal PSDP of 2014-15 reveals a hurried and ad hoc inclusion of a number of large, new projects.
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Powering the power plant: Sitara Chemicals signs largest Musharaka deal
It will finance its 35MW coal-fired plant through local banks.
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LPG distributors: Association calls for ease of policy
Hundreds of applications had been pending with hefty security and inspection amounts with OGRA.
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Security concerns: Industrialists complain about rising cases of kidnapping
17 businessmen have disappeared in the past four months.
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Reviving dormant fields: Govt pledges to enhance gas production next year
Donors ask Pakistan to step up output by 1 bcfd in 2015.
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Sustaining growth: Cement industry playing on volume
Says they will not increase prices despite rise in excise duty.
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Balochistan: CM adviser terms budget people-friendly
Langove says the revenue authority has been formed to enhance tax net and increase spending on the welfare of people.
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Tractor sales to receive boost after GST revision
Govt reduced tax from 16% to 10% for FY15.
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Govt raises Rs49.5b through Ijara Sukuk auction
Amount in line with stated target; yield on GIS comes around 7.97%.
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11MFY14: Agriculture credit clocks in at Rs334.7b
Several banks surpass their annual targets; disbursement up 13.6% .
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Market watch: Stock market recovers but only slightly
Benchmark KSE-100 index rises 17.47 points.
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Interpol investigation: Enhance legislation to deter illegal trade, says report
Trafficking casebook garners attention of Pakistan’s tobacco industry and tax watchdog.
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Capital markets’ performance to take a hit
KSE laments increased taxes to affect market liquidity.
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Imported energy: PIBT sees coal demand to reach 50m tons
Terminal to be premier handler, adhere to international standards.
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SECP fines Fairtrade Capital Securities
Company failed to maintain segregation of clients’ assets among other issues.
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Market watch: Index’s bleak days continue
Benchmark KSE-100 index falls 483.61 points.
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Forex watch: Foreign exchange reserves increase to $8.66b
Central bank’s foreign exchange reserves increased $56 million to $8,669 million.
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Tax rates vary: CCP questions benefits given to some fertiliser plants
Says anti-competitive practices make urea expensive for farmers.
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11MFY14: Current account deficit rises
Low exports in May a reason behind weak BoP position.
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Furniture city on the cards to promote industry, exports
Sweden’s IKEA promises assistance for the industrial zone.
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S Korea keen on contributing to Pakistan’s economy
Lack of trade information hampers foreign investment.
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To have and to have not
Instead of progressive tax policies, equitable asset distribution, policymaker continue to place faith in big business
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Federal government seeks extension for loan repayments
Federal government is seeking to extend the statutory deadline by another four years, to 2023.
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ETPL gets LNG terminal licence
Meets all requirements of LNG policy and rules, says regulator.
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PAAPAM opposes alternative minimum tax
Urges govt to consider amendments in finance bill.
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Selling off: KSE to auction Entitlement Certificate
This Includes 1.6 million shares of KSE Limited with face value of Rs10 each.
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CRPC urges ministry to lower telecom taxes
Asks ministry to reduce withholding tax to 5% and federal excise duty to a single digit.
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ATM transactions increase 5.9%
SBP’s Payment Systems Review shows 390 new ATMs installed in 1QCY14.
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Agitation: Textile sector laments GIDC increase again
Says move will hurt export-oriented industry.
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CNG lobby contests legal status of gas cess
Says they are forced to pay tax
at higher rate. -
July 1 to June 6: Govt borrowing from SBP totals Rs382b, data shows
Amount 13.4% less than previous year; reliance on banking sector reduces.
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CNG kits, cylinders: Ministry again builds case to get import ban lifted
ECC expected to take up matter when it meets next week.
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Market watch: Index continues downward movement
Benchmark KSE-100 index falls 166.62 points.
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Curbing grey traffic: Govt to discontinue to ICH regime
The ministry’s directive to PTA will be effective from August 1, 2014.
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Surging demand: Coca-Cola to start 3 new plants in Pakistan
Coca Cola MENA chief Ferguson says he expects sales growth of around 20 per cent in Pakistan this year.
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United: Chambers reject GIDC revision
Imposition of GIDC would prove to be disastrous for the industry and terribly affect Pakistan’s exports.
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Bilateral ties: Pak-Indonesia trade surges
Trade quantum between Pakistan and Indonesia has reached $1.6 billion.
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Mardan grid station: Faulty transformer to be replaced in 72 hours
Large number of people experience low voltage, unscheduled outages.
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LNG import from Qatar: Ministry eager to form high-level price negotiating body
Seeks ECC’s approval for committee that will finalise gas price deal.
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Market watch: Political instability leaves index in the red
Benchmark KSE-100 index falls 326.44 points.

















































