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Edible Oil: Food ministry to enhance production
Pakistan imported Rs24.5 billion worth of edible oil in June 2012.
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FBR all but concedes failure in achieving tax targets
Says nothing can be done without adopting out-of-the-box solutions.
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Money managers failed to balance books, says audit
Government issued guarantees beyond the prescribed limit in 2009, 2010.
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View from McLeod Road: SBP’s new rules to help Islamic banking grow faster
Removing the minimum deposit rate requirement will help banks, not depositors.
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Weekly Review: Market remains in consolidation phase as volumes jump
Activity in blue-chip stocks drops to a multi-year low, small and mid cap stocks enjoy the spotlight.
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IP gas pipeline: Iran wants assurance that Pakistan is ‘all in’
The $500 million funding agreement is to be signed next week, say sources.
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International projects: NESPAK to build dam in Nigeria
Obudu Dam is in the Cross River State in southeast of Nigeria.
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Electricity teams to accompany Muharram processions
Technicians to be deputed to avert any emergencies.
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‘Pakistan should focus on regional trade’
Islamabad will eventually lose exports to recession-hit West, say experts.
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Gas supply rationed to textile mills
System in experimental phase, to be implemented if successful.
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‘Tarbela extension project to be awarded in 2013’
Pre-qualification process of construction firms completed.
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Auto lobby overjoyed at ECC decision on car imports
Say cut in age limit will rejuvenate local industry.
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Market watch: Cautious investors bank profits ahead of weekend
Benchmark KSE-100 index falls 13 points.
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Number portability ban to benefit industry, say analysts
Big players expected to hike calling rates, cut marketing costs.
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US reaffirms assistance for Diamer Bhasha Dam
Project’s financing issue to be taken up in Washington next month.
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Oil prices: Law minister steps in to block fortnightly review
Says Parliament approved monthly review; PM to be taken on board for final decision.
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Special treatment: KSE considering setting up separate lists for SMEs
Companies with the paid-up capital of Rs200 million and more will not be allowed to be listed on the KSE SME board.
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For Tareen, a jet for political use, household staff as directors
Board of directors of JDW Sugar packed with Tareen’s personal employees.
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Envoy invites Pakistani banks to Iran
Says trade relations have progressed too slowly.
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Bourse delists seven firms over non-payments
Directs majority shareholders to buy-back shares from minority shareholders.
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Govt to back LNG projects, says minister
Reports yesterday said that govt refused to provide guarantees.
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‘A competitive environment must be enabled’
Competition watchdog reaches out to spread awareness among stakeholders.
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Car import business to stall after ECC decision, say importers
Reduction in allowed age of imported cars to limit supply, raise duties.
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Pakistan struggling to achieve food security, says a United Nations report
Cites natural disasters, stagnant productivity as causes.
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Market Watch: Another dull day due to adverse security situation
Benchmark KSE-100 index rises 18 points.
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As elections draw closer, development activity speeds up
Financially constrained govt clears 12 projects worth Rs500 billion.
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Winter blackout: Govt proposes 350MW power cut for Karachi
NTDC cannot legally cut power permanently under the power purchase agreement: KESC.
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ECC meeting: Govt cuts age-limit of imports to three years
Withdraws weekly oil pricing mechanism, undecided on new formula.
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Mobile package ban: PTA’s ‘moral policing’ draws anger, and applause
Banning late night mobile packages is a rash decision, infringement of freedom and rights say experts.
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‘Energy crisis can be ended in six months’
Furnace oil should be diverted to efficient power plants to reduce wastage.
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ACCA holds forum for business accountants
Also introduces new series of publications on capital markets.
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Oracle sees growth in Pakistani tech industry
Seeks to step in and offer tech optimisation and efficiency solutions.
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SECP appoints PMEX directors
Regulator nominates one-third of the board, shareholders nominate the rest.
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D-8 central banks chiefs to tackle challenges together
Agree to establish trade, economic links, frame joint fiscal, monetary policy.
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SBP issues rules for modaraba-based Islamic deposits
Regulations allow backing by asset pools to cushion short-term shocks.
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Market watch: Activity remains subdued in absence of triggers
Benchmark KSE-100 index falls 19 points.
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Textile ministry joins farmers in denouncing trade with India
Says decision to open trade with India will “destroy” Pakistan’s textile industry.
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PAC tightens the noose around NESPAK chief
Inquiry establishes that MD authorised illegal promotions, misused powers.
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Plan in the doldrums: Finance ministry resists backing LNG imports
LNG is being imported to cope with gas shortages during the winter season.
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Food & consumer goods: Unilever targets Pakistan among top priority markets
CEO of London-based giant visited the country as part of a global push to increase revenue from emerging markets.
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Helping out: USAID upgrades power ministry’s IT infrastructure
“The IT upgrade equipment will help improve the flow of work and process cases efficiently,” says Moore.
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Business growth centre for women inaugurated
Centre to help women create linkages with related businesses.
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Gas shortage: Fertiliser manufacturers claim losses of nearly Rs5b
Revenues have declined 31%, profitability by a whopping 139%.
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CNG industry demands reduction in taxes
OGRA, APCNGA should settle on a pricing formula at the earliest: Paracha.
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‘Rising input costs have made farming unaffordable’
Regulation needed to boost efficiency, production: former agriculture minister.
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Central bank chiefs of D8 countries deliberate key issues
Identify four areas of cooperation to promote economic growth
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MFN status to India: Farmers alone in their fight against Indian imports
Ministry of Finance ‘nays’ subsidy for the agriculture sector.
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Market watch: Volatility prevails as mid-caps become favourites
Benchmark KSE-100 index closes flat.
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After 18 months, US-Pakistan dialogue on economics, finance to resume
Agenda includes bilateral economic cooperation and US civilian assistance.
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Rationalising prices: Govt mulls increasing Qadirpur field wellhead price
Move to transfer billions of rupees of additional burden on gas consumers.

















































