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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. Marketing Diamer-Bhasha dam
(Highlights/Business News)
... ect that was selected with consensus after having waited for 30 years, after Mangla and Tarbela dams. It will deliver 18bn units and generate $2.216bn in revenue per annum, repaying its cos ...
Friday, 10 October 2014
5. Unsubdued sacrificial cattle market
(Highlights/Business News)
... a 10pc expansion in the value of Eid sales. The size of the Eid-ul-Azha economy was projected at Rs500bn in 2013. If one builds on that number, the current year size should be Rs550bn However, ...
Friday, 10 October 2014
6. Corporates flush with cash
(Highlights/Business News)
... nt fiscal year (July to mid-September) revealed that the private sector had retired debt instead of borrowing; the net borrowing by the sector during the period was negative Rs74bn. Professor  ...
Friday, 10 October 2014
... ce ministry had said. Under that decision, about Rs147bn worth of additional loans and syndicated term finance certificates contracted over the past couple of years by the government or on its sovere ...
Monday, 16 June 2014
8. 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
9. UBL stake sale yields $387m
(Highlights/Business News)
ISLAMABAD: Pakistan has re-entered the world equity market after a lapse of eight years, with the government selling its 19.8 per cent stake in United Bank Ltd (UBL) for $387 million. With the ...
Monday, 16 June 2014
10. Mango exports to fetch $65m this year
(Highlights/Business News)
Monday, 02 June 2014
Monday, 02 June 2014
12. Sugar millers make out case for exports
(Highlights/Business News)
KARACHI: The country will have around one million tonnes of extra sugar this year based on monthly consumption of around 390,000 tonnes and available stocks of 3.45 million tonnes held by sugar ...
Monday, 02 June 2014
13. Revenue, GDP growth targets missed
(Highlights/Business News)
Monday, 02 June 2014
14. C/A deficit rises to $2bn
(Highlights/Business News)
KARACHI: The current account deficit has risen for the third consecutive quarter (Jan-March) of this fiscal year. The State Bank reported on Thursday that the total current account deficit at ...
Friday, 18 April 2014
Friday, 18 April 2014
16. Credit cards business declining: State Bank
(Highlights/Business News)
KARACHI: The business of credit cards has been declining in Pakistan as their holdings dropped significantly during the last quarter (October-December) of the previous calendar year, said a State ...
Saturday, 12 April 2014
Saturday, 12 April 2014
18. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
...  issued $2bn Eurobonds and news of World Bank to provide $10bn to the country for development projects over the next five years were sentiment boosters. Analyst Samar Iqbal stated that market continue ...
Saturday, 12 April 2014
19. Islamic finance good alternative: SBP
(Highlights/Business News)
Monday, 07 April 2014
... to Pakistan. Under the bio-safety guidelines 2005, all GM organisms should be tested for at least two years before they are sold in the markets. Last month, advertisements sponsored by the Punjab ...
Monday, 07 April 2014
21. Food companies add value to exports
(Highlights/Business News)
Monday, 07 April 2014
22. Alarming controversy over urea prices
(Highlights/Business News)
Monday, 07 April 2014
23. Bridging the tax gap
(Highlights/Business News)
The Federal Board of Revenue is under pressure to achieve the revenue target of Rs2.4 trillion for this fiscal year. It is said that the best way to raise taxes is through accelerated economic ...
Monday, 07 April 2014
24. Pakistan Steel: groping in the dark
(Highlights/Business News)
...  at 8pc per annum. From 6.84 million tonnes per year in 2004-05, the demand is likely to increase to about 10MTPY in 2015. The current annual installed capacity of steel products is about 4.9MTPY ...
Monday, 07 April 2014
25. FBR detects 40 fake firms
(Highlights/Business News)
... ss to the national exchequer. On April 22 last year the sales tax registration of Rehmat Textile was suspended. But neither was an action taken nor an inquiry carried out to recover the money obtai ...
Monday, 24 March 2014
Tuesday, 18 March 2014
27. LSM grows 2.5pc
(Highlights/Business News)
ISLAMABAD: Large-Scale Manufacturing (LSM) sector contracted and posted a paltry growth of 2.58 per cent in January 2014 from a year ago. The growth slowed down owing to sluggish output in the ...
Tuesday, 18 March 2014
... d by their managements, the two utilities could not get approval of their revenue requirements by Ogra for three fiscal years and were on the brink of financial collapse. The managing directors  ...
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
30. Canada pledges support to local businesses
(Highlights/Business News)
... sustainable economic growth. He said that a little sector-specific effort can jack-up trade volume to around $2bn in the next few years. He said that main sectors of opportunity for Canadian businesses ...
Wednesday, 12 March 2014

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