2015年7月29日 星期三

2015-07-30 Pakistan Business


St James's Hotel: Parliamentary committee seeks details on Mansha's investment   
The Express Tribune
ISLAMABAD: A parliamentary committee on Wednesday sought details of the $75 million-investment by billionaire Mian Mansha in Saint James's Hotel, London, besides asking the anti-corruption watchdog to expedite inquiry into alleged irregularities in the ...

Senate body against making tax regime part of proposed AML   Business Recorder (press release) (blog)

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The Nation
   
No govt-to-govt contract for LNG import   
The Nation
ISLAMABAD - The government for the first time disclosed that there is no government to government contract for the import of Liquefied Natural Gas (LNG), rather PSO will import LNG through Engro and will sell it to Sui Northern Gas Pipeline. This was ...

Increase in fee for urgent gas connection under study: SNGPL tells Senate body   Business Recorder (press release) (blog)

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The Express Tribune
   
Dubai Bank to divest holding in BankIslami   
The Express Tribune
KARACHI: Dubai Bank PJSC wants to sell its shareholding in BankIslami Pakistan, a stock filing said on Wednesday. Another shareholder, Jahangir Siddiqui and Company, reported that it has received a letter from the UAE-based bank, saying it wants to ...
Sale of 14 percent BankIslami shares: Dubai Bank offers first refusal to JSCL   Business Recorder (press release) (blog)

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The Express Tribune
   
Post-privatisation: Government to review K-Electric's 2008 agreement   
The Express Tribune
K-Electric exploited the agreement and for the last three years, it was under-utilising its generation capacity, producing only 50% to 55% while getting almost 650MW at a subsidised rate. PHOTO: FIL. ISLAMABAD: After the disclosure that K-Electric got ...
Govt asks K-Electric to renegotiate agreement   The News International
KE doesn't want to renegotiate agreement: Dhaga   Business Recorder (press release) (blog)

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The Express Tribune
   
Sinosteel prepares proposals for revamping steel mill   
The Express Tribune
ISLAMABAD: Chinese company Sinosteel has developed initiatives for the revamping, modernisation and expansion of plants and operations of the financially troubled Pakistan Steel Mills. In a meeting with Federal Minister of Industries and Production ...

China's Sinosteel keen to take over PSM   The Nation

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The Express Tribune
   
'UK institute to certify TEVTA courses'   
The Express Tribune
An international vocational institute will certify 15,000 TEVTA graduates, said TEVTA Chairperson Irfan Qaiser Sheikh on Wednesday. Addressing a meeting, he said that a memorandum of understanding (MoU) had been signed with the City & Guilds, ...

Corporate corner   The Nation

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NBCNews.com
   
MarketsAsian markets look past Fed, Chinese shares gain   
Financial Times
Major benchmarks around Asia were off to a good start on Thursday in the wake of the Federal Reserve signalling that it remains on course to lift interest rates this year. Japan's Nikkei was 1.4 per cent higher to 20,578.5 as it looked to end a four ...
US Federal Reserve inches closer towards rate increase   Economic Times
Asian Shares Higher After Fed Meeting; China Falls Slightly   Wall Street Journal
US Federal Reserve running out of time for a September interest rate rise   The Australian Financial Review
Reuters   
New York Times   
Moneycontrol.com   
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Tanker mafia: KWSB selling water through tankers, observes SC bench   
The Express Tribune
The Supreme Court (SC) has ordered the Karachi Water and Sewerage Board's managing director Hashim Raza Zaidi to personally appear with complete records relating to the regulation and monitoring of water hydrants and action initiated against those ...


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The Nation
   
Textile mills to remain shut on Aug 7   
The Nation
LAHORE - The textile industry has announced to close mills on August 7 (Friday) across the country against huge taxation on export-oriented industry. Addressing the press conference, here on Wednesday, All Pakistan Textile Mills Association Chairman S ...
APTMA announces strike against increase in power rates and taxes on August 7   Pakistan Today

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The Nation
   
Wapda head for expediting work on Tarbela 4th extension project   
The Nation
TARBELA GHAZI - Pakistan Water and Power Development Authority (WAPDA) Chairman Zafar Mahmood on Wednesday visited Tarbela Dam to witness operating mechanism of the reservoir during the ongoing high water flows season and review ...

Work on T4 project reviewed: Wapda chief witnesses Tarbela reservoir operation   Business Recorder (press release) (blog)
Pakistan seeks governor, switchgear equipment for 3480-MW Tarbela Dam hydro ...   HydroWorld

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