2015年5月22日 星期五

2015-05-23 Pakistan Business


The Express Tribune
   
President signs GIDC bill   
DAWN.com
The president's spokesperson said: “On a summary initiated by Senate secretariat, the president has approved the prime minister's advice and signed/accorded his assent to Gas Infrastructure Development Cess (GIDC) Bill-2015).” The bill will enable the ...

Tax on gas consumers: Provinces stake their claim on Rs84b GIDC collection   The Express Tribune

all 2 news articles »   


The Nation
   
LPG price raised by Rs 5 per kg   
The Nation
LAHORE - Liquid Propane Gas (LPG) marketing companies have raised the tariff of LPG prices by Rs. 5/kg on Friday. New prices will be implemented from Friday onwards. New tariff increases price of domestic cylinder from Rs. 30 to Rs. 40, whereas the ...

Why the air quality minister should support increased LPG take up   Business Car Manager

all 6 news articles »   


The Express Tribune
   
PM wants parliamentary committee to investigate purchase of land for dam   
DAWN.com
ISLAMABAD: Prime Minister Nawaz Sharif on Friday issued directives for forming a parliamentary committee to investigate the alleged irregularities in the purchase of land for the construction of the Diamer-Bhasha dam project. Presiding over the 14th meeting ...

PM approves converting oil-based power plants to LNG   The Nation
PM directs for quick start of work on Diamer-Bhasha Dam   Radio Pakistan (press release)
Sharif speaks of power   Pakistan Today
The Express Tribune   
Business Recorder (press release) (blog)   
The News Teller   
all 10 news articles »   


Daily Times
   
KSE witnesses lackluster activity   
The Nation
KARACHI - Stocks on Friday closed lower amid thin activity as investors' remained cautious ahead of Monetary Policy announcement today. The KSE-100 index fell by 12 points or 0.04pc to close at 32,605 index level. The market witnessed lackluster ...

KSE-100 ends flat ahead of MPS   Daily Times
Market watch: Index remains range-bound ahead of discount rate announcement   The Express Tribune
Index marginally down   Business Recorder (press release) (blog)
Shanghai Daily (subscription)   
The News International   
Pakistan Observer   
all 13 news articles »   


The Nation
   
SROs' withdrawal proposals reviewed   
DAWN.com
ISLAMABAD: Finance Minister Ishaq Dar reviewed on Friday the measures and proposals regarding the second phase of withdrawal of the concessionary regime (SROs). Chairing the meeting of a high-level committee on regularisation of the regime in the ...

Remittances will not be taxed: Dar   The News International
Tax on remittances ruled out   The Nation
Dar launches strategy to achieve universal financial inclusion   Daily Times
Radio Pakistan (press release)   
Pakistan Today   
Business Recorder (press release) (blog)   
all 37 news articles »   


The Express Tribune
   
Fiscal Year 2016 budget: government decides to slash power subsidy   
Business Recorder (press release) (blog)
The government has reportedly decided to slash subsidy to the power sector consumers in fiscal year 2015-16 but uniform tariff policy and subsidy to life line consumers will remain in place, well informed sources told Business Recorder. The International ...

Power sector subsidy reduced by Rs250bn   DAWN.com
Energy prices: Tariff stays flat despite cut in production cost   The Express Tribune
ECC enhances subsidy on sugar by Rs2   The News International
The Nation   
Pakistan Today   
all 19 news articles »   


Pakistan Today
   
CNG sector specially targeted   
The Nation
ISLAMABAD (INP): Central Chairman of the All Pakistan CNG Association Shuja Anwar on Friday said GIDC act has specifically targeted the agonised CNG sector putting Rs 450 billion investments in jeopardy. He said that CNG is the only sector which has ...

APCNGA strongly criticises GIDC bill   Daily Times
GIDC Act has put Rs 450b CNG investments in jeopardy: Shuja   Pakistan Today

all 3 news articles »   


The Express Tribune
   
25pc duty on Iranian cement proposed   
DAWN.com
LAHORE: All Pakistan Cement Manufacturers Association (APCMA) has suggested 25 per cent customs duty, which is currently at 1pc, to discourage import of Iranian cement. The association in a statement on Friday stated that the merchants did hide the ...

Ground shaking for local cement industry   The Express Tribune
Import of cement: Duty should be increased to 25 percent: APCMA chairman   Business Recorder (press release) (blog)
APCMA demands increase in custom duty on cement   Pakistan Today

all 4 news articles »   


The Guardian Nigeria
   
Oil down 2 percent ahead of long U.S. Memorial Day weekend   
Business Standard
NEW YORK (Reuters) - Oil fell about 2 percent on Friday as a rallying dollar and profit-taking ahead of a long U.S. holiday weekend cut short a two-day run-up in crude prices. Heating oil , a proxy play for diesel, also fell almost lost 2 percent while gasoline lost ...

Rallying dollar hurts oil prices   Arab News
Oil down nearly 2 percent ahead of long US Memorial Day weekend   Bankless Times
Brent crude oil slips below $66 before long weekend   Economic Times
Nasdaq   
Bidness ETC   
all 526 news articles »   


Pesco to set up five new subdivisions   
DAWN.com
PESHAWAR: The Board of Directors of Peshawar Electric Supply Company (Pesco) on Friday approved setting up of five new subdivisions in Abbottabad and Timergara districts ostensibly to facilitate customers and improve electricity supply. A statement ...

Pesco Meeting: Purchase of 22 transformers approved   The Express Tribune
Pesco approves purchase of 22 power transformers   Business Recorder (press release) (blog)

all 3 news articles »   

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