2015年5月23日 星期六

2015-05-24 Pakistan Business


The Express Tribune
   
Dr Ishrat for proper collection of property taxes in Karachi   
The Nation
Karachi - The federal government is unlikely to meet the target of 5.1 per cent for GDP growth in the current financial year as it could settle at 4.2 per cent but it may achieve revenue target which was revised repeatedly by the government. This was stated by Dr ...

Govt likely to miss GDP growth target: Dr Ishrat   Daily Times
Critical weaknesses in budgetary framework: There's no coordination between ...   Business Recorder (press release) (blog)
Budget reporting: Husain puts weight behind local governments   The Express Tribune

all 4 news articles »   


The News International
   
Interest rate slashed to 42-year low of 7pc   
DAWN.com
ISLAMABAD: The State Bank of Pakistan has reduced the interest rate to a 42-year low of seven per cent in order to spur economic activities. Announcing the monetary policy at a press conference here on Saturday, SBP Governor Ashraf Mahmood Wathra ...

SBP cuts interest rate by 100bps to seven percent   The News International
SBP cuts interest rate to 42-year low   The Nation
SBP cuts interest rate to 7%; lowest in 42 years   Daily Times
Bloomberg   
Khaleej Times   
all 58 news articles »   


British govt committed to a long-term partnership   
The Nation
Member of UK House of Lords Baroness Nosheena Mobarik has said that the British government is committed to a long-term, productive and friendly partnership with Pakistan. She was talking to the LCCI President Ijaz A. Mumtaz here at the Lahore Chamber ...

APTMA, LCCI hail SBP decision to cut policy rate   Daily Times
Exploiting trade potential   The Express Tribune
'UK government committed to productive partnership with Pakistan'   Business Recorder (press release) (blog)

all 7 news articles »   


The Express Tribune
   
Sarwar flays ECC decision on power subsidy   
The News International
LAHORE: Former Governor of Punjab and Pakistan Tehreek-e-Insaf (PTI) leader Chaudhry Mohammad Sarwar has denounced Economic Coordination Committee of the Cabinet (ECC) decision to waive Rs125 billion subsidy on electricity. Talking to PTI ...

Fiscal Year 2016 budget: government decides to slash power subsidy   Business Recorder (press release) (blog)
Power sector subsidy reduced by Rs250bn   DAWN.com
ECC approves another 150000 tons of urea import   International News Network

all 21 news articles »   


The Express Tribune
   
APCMA demands 25 percent import duty on cement   
The News International
LAHORE: Cement Manufacturers have suggested that the present one per cent custom duty on import of cement should be enhanced to 25 percent to discourage the imports, a statement said on Friday. Chairman All Pakistan Cement Manufacturers ...

25pc duty on Iranian cement proposed   DAWN.com
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)
The Nation   
all 6 news articles »   


Daily Times
   
Dar highlights investment opportunities   
DAWN.com
ISLAMABAD: Finance Minister Ishaq Dar gave a wide-ranging briefing to ambassadors, diplomats and leading business community on the business climate and investment opportunities in Pakistan, on Friday night. Together with Sartaj Aziz, Adviser to the ...

Dar seeks foreign investment in Pakistan   The Nation
Dar urges diplomats to benefit from Pak investment-friendly policies   Daily Times
A timely clarification   Business Recorder (press release) (blog)
News Tribe   
all 41 news articles »   


Business Recorder
   
Karachi stocks end down ahead of policy announcement   
The News International
Daily turnover further fell at the Karachi Stock Exchange on Friday, as investors remained cautious ahead of the budget and the market witnessed depressed sentiment, a dealer said. Ahsan Mehanti at Arif Habib Commodities said the stocks closed lower ...

KSE-100 Slides Down To 32605 By Droping 12 Points On Friday   Daily Capital (Capital TV)
114 firms not paying dividend despite earning profit   DAWN.com
Market watch: Index remains range-bound ahead of discount rate announcement   The Express Tribune
Pakistan Observer   
all 17 news articles »   


The Nation
   
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 directs for quick start of work on Diamer-Bhasha Dam   SAMAA TV
PM approves converting oil-based power plants to LNG   The Nation
Diesel and furnace oil: Prime Minister approves converting power plants to LNG   Business Recorder (press release) (blog)

all 12 news articles »   


Daily Times
   
KSE-100 sheds 434 points as govt approves GIDC   
Daily Times
KARACHI: Approval of Gas Infrastructure Development Cess (GIDC) by parliament put downward pressure on fertilizer, cement and textile besides jitteriness on Monetary Policy Statement (MPS) announcement kept trading lacklustre during the past week.
Weekly review: KSE-100 sheds 498 points amid pre-budget jitters   The Express Tribune
President signs GIDC bill   DAWN.com

all 4 news articles »   


indiablooms
   
UN report predicts modest global economic growth to continue   
The Nation
UNITED NATIONS - With modest paced global economic growth continuing, a new United Nations report predicts a gradual improvement in the situation over the second half of 2015 and into next year. According to the UN World Economic Situation and ...

Modest global growth set to continue for rest of year: UN economic report   indiablooms

all 5 news articles »   

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