2015年5月7日 星期四

2015-05-08 Pakistan Business


Business Recorder
   
BankIslami takes over KASB Bank   
DAWN.com
KARACHI: The federal government has approved the merger of KASB Bank Ltd with BankIslami Pakistan Ltd (BIPL), the State Bank said on Thursday. The amalgamation also lifted a six-month moratorium imposed on the beleaguered bank in November 2014 ...

KASB Bank merges into BankIslami   Business Recorder (press release) (blog)
Moratorium lifted: Govt approves KASB Bank's merger   The Express Tribune
SBP lifts moratorium on KASB Bank Ltd   Pakistan Today
Pakistan Observer   
all 11 news articles »   


The Nation
   
Time to switch to economic revival policy: IPR   
The Nation
ISLAMABAD - The government should switch from a policy of stabilisation to revival of the economy and to take fiscal and other measures to raise GDP growth rate to 5. 5 percent in the upcoming financial year 2015-16. “The fiscal year 2015-16 will be the ...

IMF programme: focus on stabilisation increases unemployment, deepens ...   Business Recorder (press release) (blog)
IHRC urges government to revive economy   Daily Times
Call to devalue rupee by 10pc   The News International
Pakistan Today   
all 5 news articles »   


Geo News, Pakistan
   
Tokyo stocks open up 0.12 percent   
Geo News, Pakistan
TOKYO: Tokyo stocks opened 0.12 percent higher Friday as the dollar was firm on hopes for solid US jobs data later in the day while Nintendo soared seven percent on better-than expected earnings. The Nikkei 225 index at the Tokyo Stock Exchange gained ...

Nikkei closes down 1.23% as US growth fears bite   Economic Times
Japanese Shares Retreat After Holidays as Exporters Drop on Yen   Bloomberg
Nikkei slides after Wall Street drop   The Japan Times

all 24 news articles »   


The Express Tribune
   
PASSCO procures 307363 metric tonnes of wheat   
Daily Times
ISLAMABAD: The Pakistan Agriculture Storage and Services Corporation (PASSCO) has procured about 307,363.400 metric tonnes of wheat in Punjab, Sindh and Balochistan during the wheat procurement campaign. A PASSCO official said on Thursday that ...

Russian company interested   The Nation
Met office issues advisory to farmers   Business Recorder (press release) (blog)
PASSCO procures 307363 metric tons wheat   Pakistan Observer
The Express Tribune   
all 5 news articles »   


Pakistan Today
   
Punjab govt asks contractors to speed up metro bus project   
Daily Times
The new deadline may compromise the quality of work on the multi-billion project, connecting the twin cities. Work on none of the stations on the 23 kilometre long track could be completed and testing for being earthquake resilient, spadework on tracks and ...

CM to inspect pace of work on Metro Bus Project today   The News International
Metro quality issues – completion being rushed   Pakistan Today

all 3 news articles »   


Quetta Mayor visits city   
The Nation
LAHORE - Quetta Mayor Dr Kaleem Ullah Khan along with deputy mayor Younus Khan, XEN SWM Abdul Haq Zahri and coordinator Abdul Haq Achakzai Mir visited Lahore Waste Management Company (LWMC) and met Chairman Khawaja Ahmad Hassan ...

Quetta mayor seeks LWMC help for waste management   Daily Times

all 2 news articles »   


The Nation
   
Reserves decrease by $48m   
The Nation
The break-up of the foreign reserves position released by central bank, the foreign reserves held by the State Bank of Pakistan stood at $12,517. 3 million, net foreign reserves held by banks are $5,172. 8 million, thus the total liquid foreign reserves are ...

Foreign currency: SBP's reserves drop 0.4%   The Express Tribune

all 2 news articles »   


The Express Tribune
   
Two-month pay: PSM gets Rs960 million for staff salary   
The Express Tribune
KARACHI: The Ministry of Finance has released Rs960 million for Pakistan Steel Mills (PSM), which will be utilised for the payment of salaries of PSM employees for January and February 2015. Earlier, the Economic Coordination Committee (ECC) ...

Corporate Watch   DAWN.com
Russia keen in PSM maintenance & upgradation   Pakistan Observer
Russian company interested to upgrade PSM's power plant   Business Recorder (press release) (blog)

all 4 news articles »   


The Express Tribune
   
Govt to decide imported LNG price in two days   
Hellenic Shipping News Worldwide
Price of liquefied natural gas (LNG) to be imported from Qatar will be finalised within two days, Petroleum Minister Shahid Khaqan Abbassi said on Wednesday, assailing the oil importing lobby for “spreading rumours”. “We hope to hit the bargain of 14.5 per ...

The effects of LNG on the terms of trade   MacroBusiness (blog)
Truth on energy exports & small business   Tribune-Review
LNG blues   Business Recorder (press release) (blog)

all 13 news articles »   


Nine more power projects allowed   
DAWN.com
ISLAMABAD: The Alternative Energy Development Board (AEDB) on Thursday allowed nine new solar/wind power projects to overcome the energy shortfall. The 33rd AEDB meeting, chaired by Water and Power Minister Khawaja Asif, said that the new ...

Energy Storage: Poised for Growth   Power Engineering Magazine (blog)

all 2 news articles »   

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