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... enhouse gas emissions a year. The converted fuel will help the government make an estimated savings of about $1 billion per annum on its current fuel import bill of nearly $15bn. It is ant ...
Saturday, 28 February 2015
2.
(Highlights/Business News)
Saturday, 28 February 2015
3. Revenue collection up 27pc in Feb
(Highlights/Business News)
ISLAMABAD: Revenue collection rose by 27 per cent year-on-year to Rs181.906 billion in February, backed up by regulatory duties on several hundred items and hike in sales tax on petroleum products. ...
Saturday, 28 February 2015
4. Unsubdued sacrificial cattle market
(Highlights/Business News)
FLOODS, fears of terrorist backlash and a charged political environment have not deterred resilient Pakistanis from celebrating Eid-ul-Azha like they always do. Current market indicators suggest ...
Friday, 10 October 2014
ISLAMABAD: In an apparent snub to the government, the National Electric Power Regulatory Authority (Nepra) has rejected requests by power distribution companies to recover more than Rs35 billion ...
Monday, 16 June 2014
6. KP budget for 2014-15 set at Rs404.80 bn
(Highlights/Business News)
PESHAWAR. Khyber Pakhtunkhawa (KP) Minister for Finance, Sirajul Haq on Saturday presented a Rs404.80 billion budget for the year 2014-15 in the provincial assembly. It includes an ambitious ...
Monday, 16 June 2014
7. UBL stake sale yields $387m
(Highlights/Business News)
... -off. The meeting, chaired by Finance Minister Ishaq Dar, was informed that the total demand received from domestic investors was Rs12.3 billion, one of the highest in terms of domestic demand  ...
Monday, 16 June 2014
8. No hike in petroleum prices, orders PM
(Highlights/Business News)
Monday, 02 June 2014
Monday, 02 June 2014
10. Sugar millers make out case for exports
(Highlights/Business News)
... $54 per tonne besides a subsidy of 66-billion Indian rupees to growers. Millers, he said, had cleared payment of Rs220bn to growers and only Rs15-20bn was pending. He said the government should res ...
Monday, 02 June 2014
11. C/A deficit rises to $2bn
(Highlights/Business News)
... the end March rose to $2.173 billion, much higher than $1.2bn noted during the same period last year. The trend could create problems as government has been borrowing from international market to meet ...
Friday, 18 April 2014
12. ECC approves Rs1.6 billion Ramazan package
(Highlights/Business News)
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved on Thursday a relief package of Rs1.624 billion for providing subsidy on various food items and other edibles during ...
Friday, 18 April 2014
Friday, 18 April 2014
14. Credit cards business declining: State Bank
(Highlights/Business News)
... on 31st December 2013, for every 100,000 people there were 4.2 ATMs in the country and Rs635 billion was transacted using this channel during the period. The number of online branches is 10,5 ...
Saturday, 12 April 2014
15. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
KARACHI: Stocks continued to head north on Thursday, with the KSE-100 index going up by 309.53 points to close at record 29,250.54 points. The volumes of Rs15.8 billion stood at eight-month high ...
Saturday, 12 April 2014
Monday, 07 April 2014
17. Food companies add value to exports
(Highlights/Business News)
Monday, 07 April 2014
18. Bridging the tax gap
(Highlights/Business News)
... schemes. There is an enormous revenue loss due to exemptions, allowances and deductions from income tax, sales tax and customs duty, which was Rs887.5 billion or equal to 3.9pc of GDP in fiscal year ...
Monday, 07 April 2014
19. Pakistan Steel: groping in the dark
(Highlights/Business News)
...  and the supply-demand gap is bridged through imports. In 2011, imports of iron and steel amounted to 3.2 million tonnes, costing $2 billion. With the virtual closure of PSM, reliance on imports ha ...
Monday, 07 April 2014
20. FBR detects 40 fake firms
(Highlights/Business News)
... kdrop of millions, even billions, which were paid to fictitious companies, a businessman told Dawn that refund claims filed by genuine companies had been withheld for the past many months. The patron-in ...
Monday, 24 March 2014
...  potential export gains for some product group--- textile ($1 billion), cement ($300 billion), chemicals ($200 million), agricultural products ($300 million), mineral products ($100 million) etc.  ...
Tuesday, 18 March 2014
22. WB to approve $1.5bn loan next month
(Highlights/Business News)
ISLAMABAD: The World Bank is expected to approve $1.5 billion programme and project loans for Pakistan next month after completion of discussions on energy sector reforms over the next few days. ...
Tuesday, 18 March 2014
ISLAMABAD: The four provincial governments may be asked to surrender billions of rupees they earn in gas development surcharge (GDS) and agree to an increase in gas tariff for all categories of ...
Tuesday, 18 March 2014
... ulses, spices, powdered milk, sugar and other food items hovers between $4 to $5 billion per year.  ...
Wednesday, 12 March 2014
25. Trade deficit shrinks to $12.5bn
(Highlights/Business News)
...  in imports. In absolute terms, the trade deficit fell to $12.542 billion in July-Feb 2013-14 from $13.187bn over the corresponding period last year, showed Pakistan Bureau of Statistics (PBS) dat ...
Tuesday, 11 March 2014
Tuesday, 11 March 2014
27. UAE firm signs $2.5bn multi-project MoU
(Highlights/Business News)
... coal-based power projects at Gadani, a jetty for coal import and a transmission line to add 1,320 megawatts of electricity to national grid at an investment of $2.5 billion. The MoU signing ceremony ...
Thursday, 06 March 2014
28.
(Highlights/Business News)
...  If Baghdad can sustain oil sales of 2.8m bpd, its revenue could swell to more than $100 billion at $100-a-barrel oil. Average exports of just under 2.4m bpd last year earned Iraq $89bn. So ...
Thursday, 06 March 2014
29. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... aw materials. The import of petroleum, machinery, and metal was particularly strong, which increased the trade deficit by $0.6 billion during first quarter of the FY14 over the corresponding per ...
Friday, 28 February 2014
... onomist at CIMBNiaga. Under the new requirements, the potential loss in export value could be minimised to $1.6 billion a year against an initial estimate of $5.1 billion, he said. The ex ...
Friday, 28 February 2014

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