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1. Revenue collection up 27pc in Feb
(Highlights/Business News)
... products to 27pc from 22pc. The government has already reduced the revenue target to Rs2.691 trillion from the budgetary target of Rs2.81tr, a cut of Rs119bn. Last year, the target was revised five ...
Saturday, 28 February 2015
Monday, 16 June 2014
...  as compared to 860 units. Chairman APMDA H.M. Shahzad attributed steep fall in imports to wrong policies of the government like cut in age limit of used cars to three from five years coupled wit ...
Monday, 02 June 2014
4. 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
5. Sindh announces sales tax amnesty
(Highlights/Business News)
...  whole of the dues of the principal amount of tax and of 5pc of the default surcharge are paid by a person in terms of this notification, he shall not be prosecuted under Section 49 of the Act and the ...
Friday, 18 April 2014
... a statement issued on Friday. Mr Dar met IFC's Executive Vice President Jin Yong Cai in Washington on Thursday evening and discussed a proposal to assist Pakistan towards initiation of the ILO/IFC ...
Saturday, 12 April 2014
7. Food companies add value to exports
(Highlights/Business News)
Monday, 07 April 2014
8. Pakistan Steel: groping in the dark
(Highlights/Business News)
... ent, over-employment and political interference in its operational matters. These issues weakened its institutional, technical and operational capabilities. Its chief executive and chief financial of ...
Monday, 07 April 2014
KARACHI: Rising strength of the rupee against the dollar has enlivened hopes for price drop in various imported commodities by at least five to 10 per cent besides cut in various petroleum products ...
Wednesday, 12 March 2014
10. 3,000MW to be imported from Iran
(Highlights/Business News)
... under the terms of the agreement. The signing ceremony was witnessed by Minister for Water and Power Khawaja Mohammad Asif and Chief Executive Officer of the Al-Aqili Group Mohamed Saeed Al-Aqili. ...
Tuesday, 11 March 2014
11. UAE firm signs $2.5bn multi-project MoU
(Highlights/Business News)
Thursday, 06 March 2014
12.
(Highlights/Business News)
... onth. "Iraq is doing its best to export as much as possible and directionally things are improving," said a senior oil executive from a major oil company at work in Iraq. So much so that, ...
Thursday, 06 March 2014
13. Ogra recommends cut in oil prices
(Highlights/Business News)
... is Rs112.76 per litre. A reduction of Rs1.03 has been proposed in the price of high speed diesel which is being sold at Rs116.75 per litre. A 48 paisa cut in the price of kerosene, which is being sold ...
Friday, 28 February 2014
14. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... high due to certain one-off revenues, while on the expenditure side, a major positive was the reduction in interest payments, following the interest rate cuts in FY13. The report said that public ...
Friday, 28 February 2014
Friday, 28 February 2014
16.
(Highlights/Business News)
... or executive of state-run National Bank of Pakistan. A proactive judicial review of loan defaults before the May 2013 elections had also alerted both banks and borrowers, which led to faster clean ...
Monday, 24 February 2014
17. Market potential for Kinnow in Europe
(Highlights/Business News)
... s, importers usually take chances with only one or two shipments during the entire season. They are risk-averse and hesitate to place consecutive orders with a gap of 1-2 weeks before evaluating  ...
Monday, 24 February 2014
18. Bearish spell continues on stock market
(Highlights/Business News)
KARACHI: The stock market saw fourth consecutive session of declining trend on Tuesday with the KSE-100 index reeling down by 119.51 points to 25,884.38. In the equity meltdown that started late ...
Wednesday, 19 February 2014
19. Pakistan economy improving: IMF
(Highlights/Business News)
... nearly $5 billion that Islamabad still owes. As part of that agreement, the IMF conducts periodic reviews in order for its executive board to approve installments of $550 million spread out over three ...
Monday, 10 February 2014
Thursday, 06 February 2014
21.
(Highlights/Business News)
Thursday, 06 February 2014
22. Moody's cuts Sony's credit rating to junk
(Highlights/Business News)
TOKYO: Moody's cut its credit rating on Sony to junk on Monday, saying that the Japanese electronics giant had more work to do in repairing its battered balance sheet. The international ratings ...
Monday, 27 January 2014
23. Consumer financing rekindled
(Highlights/Business News)
Monday, 20 January 2014
24. LNG to be imported from Yemen
(Highlights/Business News)
... in both countries was also constituted at the conclusion of the joint session. Progress on a number of pending memorandums of understanding, agreements and executive programmes was also reviewed and ...
Thursday, 09 January 2014
25. Govt back to square one
(Highlights/Business News)
Monday, 06 January 2014
26. Govt finalises SRO withdrawal plan
(Highlights/Business News)
... emptions and concessions embedded in the SROs and in the law, as well as on eliminating the power of the executive to grant preferential tax treatment through SROs. These steps will facilitate  ...
Saturday, 28 December 2013
27. Stocks turn in flat performance
(Highlights/Business News)
...  Analyst Ovais Ahsan at JS Global said that FFC declined on anticipation that approval of concessionary gas rate for Engro could mean cut in urea prices. Glaxo and Abbott gaining on reports that medicin ...
Saturday, 28 December 2013
28. Asian shares mixed ahead of Fed decision
(Highlights/Business News)
... due to wrap up its two-day policy meeting later in the day, opinion is split on whether it will announce a cut in its $85 billion a month bond-buying scheme. While some analysts point to a string of figures ...
Wednesday, 18 December 2013
29. SBP forex reserves tumble below $3bn
(Highlights/Business News)
... xternal funding has dived because the multilateral lenders, including International Monetary Fund, the World Bank and the Asian Development Band have cut their exposure to Pakistan on account  ...
Friday, 13 December 2013
30.
(Highlights/Business News)
Monday, 25 November 2013

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