2015年5月21日 星期四

2015-05-22 Pakistan Business


The Express Tribune
   
Govt to tax remittances, cut customs tariff slabs to three in budget   
DAWN.com
ISLAMABAD: Having legally secured Rs145 billion Gas Infrastructure Development Cess (GIDC), the government has announced to expand the scope of withholding tax (WHT) on tax evaders, bring foreign remittances into the tax net and reduce customs tariff ...

FBR proposes measures to broaden tax base   The News International
Govt mulls amending law for stopping tax evasion in property sector   The Nation
The Pakistani tax base   Business Recorder (press release) (blog)

all 9 news articles »   


The Express Tribune
   
ECC enhances subsidy on sugar by Rs2   
The News International
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the proposals to enhance Rs2 per kilo subsidy on sugar and to import 150,000 tons of urea. Through a proposal, the Ministry of Industries and Production ...

Ramazan relief: ECC increases subsidy on sugar   The Nation
ECC increases subsidy on sugar to Rs5 per kg   The Express Tribune
ECC approves another 150000 tons of urea import   International News Network

all 13 news articles »   


Business Recorder (press release) (blog)
   
UPDATE 1-Monte Paschi prices 3-bln-euro rights issue at big discount   
Reuters
... * New shares offered at 1.17 euros, a 38.9 pct discount to TERP. * Rights issue kicks off on Monday, to run till June 12 (Rewrites throughout after cash call pricing). By Silvia Ognibene and Stefano Bernabei. SIENA, Italy/ROME, May 21 (Reuters) - Italy's ...

CompaniesMonte Paschi board OKs 10-fold increase in shares   Financial Times
Monte Paschi prices 3bn-euro rights issue at big discount   Business Recorder (press release) (blog)

all 7 news articles »   


The Nation
   
KSE shows modest recovery with lackluster volume   
The Nation
Karachi - Karachi stock market on Thursday remained depressed despite decline in bond yields in PIB auction. The benchmark KSE 100-index increased by only 19 points or 0. 1% to close at 32,618 level. Lack of activity was seen throughout the day as ...

Market watch: Stocks inch up, but fail to gain momentum   The Express Tribune
KSE-100 ends flat over pre budget snooze   Daily Times
KSE-100 gains 18 points in extremely low market volume   Pakistan Observer
Business Recorder (press release) (blog)   
all 7 news articles »   


Business Recorder
   
Reserves at $17.75bn   
DAWN.com
KARACHI: The country's total liquid foreign exchange reserves stood at $17.749 billion during the week ending May 15 compared to $17.739bn the previous week, the State Bank of Pakistan (SBP) said on Thursday. The SBP reserves decreased by $38 ...

Forex: Reserves go down 0.3% on weekly basis   The Express Tribune
Posted by Imaduddin   Business Recorder (press release) (blog)

all 5 news articles »   


CTV News
   
CANADA STOCKS-TSX rallies as oil prices boost energy; Shopify surges   
Reuters
(Updates prices, adds fresh Northland analyst comment). * TSX up 130.78 points, or 0.87 percent, to 15,203.61. By Solarina Ho. TORONTO, May 21 (Reuters) - Canada's main stock index rebounded on Thursday as financial and energy stocks, bolstered by a ...

TSX ends higher as oil rises above $60 a barrel, New York makes small gains   Toronto Star
TSX rallies as oil prices boost energy; Shopify surges   Reuters Canada
Domestic equities vs. economy: A great divide looms   The Globe and Mail

all 122 news articles »   


Brisk trading on cotton market   
DAWN.com
KARACHI: Trading was brisk on the cotton market on Thursday where spinners readily paid higher prices for quality lint. Floor brokers said that many millers running short of cotton stocks rushed to replenish their inventories. The expected late arrival of next ...

Cotton prices maintain high levels   Business Recorder (press release) (blog)

all 7 news articles »   


BankIslami starts hiring program for former KASB staff   
Pakistan Observer
Friday, May 22, 2015 - Karachi—BankIslami Pakistan Limited formally started an Internal Hiring program for former KASB employees to help them assimilate better in the amalgamated entity. While interacting with former KASB employees at launching ...

Corporate Watch   DAWN.com

all 2 news articles »   


The Express Tribune
   
Employment opportunity: 250 workers to leave for Qatar in July, says minister   
The Express Tribune
Doha has vowed to end the controversial kafala system, under which foreign workers must have a Qatari sponsor -- which critics have likened to modern-day slavery. PHOTO AFP. LAHORE: The first batch of skilled labour, comprising 250 Pakistanis, will leave ...

200000 skilled workers to be sent abroad from Punjab   Pakistan Observer

all 3 news articles »   


The Express Tribune
   
Expanding operations: Fifth A320 aircraft joins PIA fleet   
The Express Tribune
The fifth A320 aircraft to be inducted into the fleet of Pakistan International Airlines (PIA) arrived at the Jinnah International Airport on Thursday morning. Commenting on the occasion, PIA Managing Director Shahnawaz Rehman said with newer versions of ...

Fifth A320 aircraft joins PIA fleet   Business Recorder (press release) (blog)
PIA adds 5th A320 aircraft to fleet   Pakistan Observer

all 3 news articles »   

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