2015年5月25日 星期一

2015-05-26 Pakistan Business


The Express Tribune
   
KSE cheers policy rate cut with 102-point gain   
DAWN.com
KARACHI: The Karachi Stock Exchange (KSE) shed the gloom of the previous week as its 100-share index closed with a gain of 101.60 points (0.31 per cent) to 32,707.22 on Monday. The index started out on a positive note and soon stormed to intra-day ...

Market Watch: Banks hit, but index recovers slightly   The Express Tribune
KSE index gains 102 points on interest rate cut   The Nation
KSE-100 ends slightly up on 100bps DR cut   Daily Times
Pakistan Observer   
all 9 news articles »   


The Express Tribune
   
Govt plans to spend Rs1.4tr on development   
DAWN.com
ISLAMABAD: The Annual Plan Coordination Committee (APCC) meets today to finalise around Rs1.4 trillion development programme, aimed at achieving 5.5 per cent economic growth rate for the next fiscal year. The meeting, to be presided over by Minister ...

Cabinet to approve budget strategy paper today   The News International
Budget 2015-16: APCC to consider Rs1.46 trillion development budget   The Express Tribune
Cabinet to be briefed on budget today   Pakistan Today

all 4 news articles »   


Business Recorder
   
FBR should avoid burdening industry for revenue target   
The Nation
LAHORE - The All Pakistan Textile Mills Association, in itsbudget proposals for 2015-16, has asked the government to avoid burdening the textile industry with further taxation to achieve revenue target, saying Aptma's foremost demand is to operationalize the ...

APTMA says no to more taxes   Daily Times
APTMA for using textile industry growth potential for jobs creation   Business Recorder (press release) (blog)
APTMA appreciates cut in policy rate   Pakistan Observer

all 8 news articles »   


GIDC, power subsidy withdrawal flayed   
The Nation
LAHORE - Progressive Group has expressed its serious concern over the reports of withdrawal of subsidy on power prices in forthcoming budget making electricity more expensive for domestic consumers and industrial consumers. “It will break the backbone ...

Budget 2015-16: government urged to withdraw subsidy on power prices   Business Recorder (press release) (blog)

all 2 news articles »   


The Nation
   
Dar hopes next budget will improve overall economy   
The News International
ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar said on Monday the upcoming budget 2015-16 would bring encouraging incentives for the betterment of the overall economy and for generation of employment opportunities. He was chairing a ...

Upcoming budget to bring betterment in economy: Dar   The Nation
Dar hopes upcoming budget will improve economy   Daily Times
Budget proposals on the roll   Pakistan Today
Business Recorder (press release) (blog)   
International News Network   
all 10 news articles »   


Business Recorder
   
Yen's Resilience Causes Investors to Shift Bets   
Wall Street Journal
One of Wall Street's favorite pastimes, betting against the Japanese yen, has lost its zing this year. In a year characterized by wild swings in major currencies, including a one-day, 41% surge in the Swiss franc against the euro, the yen has risen against the ...

Japan Stocks Swing With Topix Index Trading Near 7 1/2-Year High   Bloomberg
Tokyo: Stocks open slightly higher   THE BUSINESS TIMES
Tokyo stocks end almost unchanged by break of Tuesday   GlobalPost
Daily Times   
Xinhua   
all 78 news articles »   


Daily Pakistan
   
SBP reduces interest rate to 7pc; lowest in 42 years: Analysis   
Daily Pakistan
LAHORE (Sarfraz Ali) – The State Bank of Pakistan has cut its benchmark interest rate to 7 per cent, which is the lowest in 42 years. Earlier In March, in line with analysts' expectations, the SBP had reduced the discount rate by 0.5% to 8%. The central bank ...

Lower interest rates   The Express Tribune
Dar welcomes reduction in policy rate   Business Recorder (press release) (blog)
Pakistan unexpectedly cuts benchmark rate to 42-year low   Livemint

all 88 news articles »   


MoU signed to promote Islamic banking in Uganda   
The Nation
LAHORE - A memorandum of understanding (MoU) has been signed to promote Islamic banking in Uganda. On behalf of AlHuda CIBE Uganda, Ahmed Abdallah, the country head of AlHuda CIBE and Asuman Mukiibi Serunjogi, the President of Islamic ...

AlHuda CIBE Sign agreement with Islamic Chamber of Commerce (ICCIAU) to ...   Zawya (registration)

all 3 news articles »   


The Nation
   
Power sector hindering LNG import contract: minister   
DAWN.com
ISLAMABAD: Petroleum and Natural Resources Minister Shahid Khaqan Abbasi said on Monday that the power sector was a major obstacle to signing a long-term contract for import of liquefied natural gas (LNG), despite the fact that it would lead to an ...

Hurdles: WAPDA's failure delays LNG deal with Qatar, says Abbasi   The Express Tribune
Government wants to take LNG imports to 1.3 BCFD by end of 2016: Khaqan   Business Recorder (press release) (blog)
Nod for LNG terminal   The Hindu
The Nation   
all 8 news articles »   


Sialkot to observe 'zero export day' tomorrow   
DAWN.com
LAHORE: Sialkot exporters have decided to observe a 'zero export day' on Wednesday (May 27) to press the government for release of their outstanding duty drawback claims and sales tax refunds. It will be the first time that the exporters from Sialkot close ...

Industrialists rally against GST hike plan   The Nation
Sialkot units to observe 'zero export day' tomorrow   Business Recorder (press release) (blog)

all 3 news articles »   

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