2015年10月30日 星期五

2015-10-31 Pakistan Business


The Express Tribune
   
Cartel lifts yarn prices by 50% after govt unfair tax decision   
Daily Times
KARACHI: The yarn manufacturers have established a cartel across the country lifting yarn prices to Rs 1200 per 100 pounds of bag from Rs 800 since the imposition of 10% R&D on import of yarn and fabric- a hike of 50% just in a week to directly hit ...
10% import duty: Yarn cost goes up, 100-pound bag now Rs1,200   The Express Tribune
Cartel to raise yarn prices after 10 percent RD   Business Recorder (press release) (blog)

all 4 news articles »   


Daily Times
   
SECP issues 2015 Annual Report: 'Steps taken to enhance regulatory enforcement ...   
Daily Times
ISLAMABAD: The Securities Exchange Commission of Pakistan (SECP) has released its annual report, which covers detail performance and audited financial statements of the SECP for the period from July 1, 2014 to June 30, 2015. In his message written for ...

SECP takes action against 77 defaulter companies   Pakistan Today
SECP issues 2015 annual report   Pakistan Observer

all 6 news articles »   


Wall Street Journal
   
Oil Snags Small Rally After Rig Numbers Drop Again   
Wall Street Journal
Oil prices had a small rally in the afternoon after data showed further cuts to the number of rigs working U.S. oil fields. The U.S. oil-rig count dropped by 16 to 578 in the latest week, the ninth consecutive week of declines, according to Baker ...
Crude Advances a Third Day as U.S. Drillers Idle More Oil Rigs   Bloomberg
Oil market stabilises after powerful rally   Junior College
U.S. Rig Count Falls For Ninth Straight Week   Fox Business
Business Recorder (press release) (blog)   
MarketWatch   
StreetInsider.com   
all 336 news articles »   


Daily Times
   
Atlas Honda to invest $100m in motorcycle expansion   
Daily Times
KARACHI - Atlas Honda Limited has announced an investment plan of $100 million for the expansion of its motorcycle operations in Pakistan. In its meeting held on Friday, the Board of Directors of the company approved a three-year expansion plan to ...
Atlas Honda to increase motorcycle production   The Express Tribune

all 7 news articles »   


The Nation
   
KCCI demands extension in income tax returns filing date   
The Nation
KARACHI - Karachi Chamber of Commerce and Industry (KCCI) President Younus Muhammad Bashir has requested the Federal Board of Revenue (FBR) to extend last date for filing income tax return from October 31, 2015 to November 30, 2015. President ...


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The Nation
   
No laxity to be tolerated on CPEC projects execution: PM   
The Nation
ISLAMABAD - Prime Minister Mohammad Nawaz Sharif said that no laxity on part of any department would be tolerated in the execution of infrastructure and energy projects related to the China-Pakistan Economic Corridor (CPEC). The prime minister also ...

CPEC projects are future of Pakistan: Nawaz   The News International
China-Pakistan corridor: Nawaz to break ground of western route 'soon'   The Express Tribune
Chinese delegation meets Shahbaz: Speedy implementation of CPEC projects stressed   Business Recorder (press release) (blog)
Pakistan Today   
Radio Pakistan (press release)   
Daily Times   
all 22 news articles »   


Daily Times
   
Bullish momentum continues at Pakistan stocks   
Daily Times
KARACHI: Pakistan stocks extending bullish momentum opened positive for the third consecutive trading session on Friday, however index lost direction in late hours on regional markets' slump closing down by 0.21%. The Karachi Stock Exchange (KSE)-100 ...

Market watch: Foreigners sell, but index jumps on results   The Express Tribune
KSE adds to gains on oil surge, appetising numbers   The News International
KSE-100 drops 70 points   Pakistan Observer
The Nation   
GlobalPost   
all 9 news articles »   


Daily Times
   
SBP spent Rs 6.6b on printing of currency notes in FY2014-15   
Daily Times
KARACHI: State Bank of Pakistan (SBP) has spent Rs 6.690 billion on the printing of banknotes in the financial year 2014-15, which means more than half billion rupees are used every month for production of new currency notes. The cost of printing of ...
Profit, loss statement 2014-15: SBP's surplus profit surges 48% to Rs397.7b   The Express Tribune
SBP earns over Rs 401 billion net profit in FY15   Business Recorder (press release) (blog)
Assets, deposits of IBIs witness 37pc increase: SBP   Pakistan Observer

all 6 news articles »   


Rupee hits 3-week low of 65.31, tumbles 38 paise   
Economic Times
MUMBAI: The rupee today slumped by 38 paise to close at more than 3-week low of 65.31 against the American currency on month-end dollar demand from importers and some banks in view of firm greenback overseas. The rupee resumed lower at 65.15 per ...


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Daily Times
   
KP NAB arrests director PHA Peshawar for massive corruption   
Pakistan Today
NAB KP Friday arrested accused Salauddin, Director (BPS-19) of Provincial Housing Authority, Peshawar. He is allegedly involved in accumulation of assets beyond known sources of income worth millions of rupees. As per details, the matter was brought ...
Wealth beyond means: NAB arrests PHA Peshawar director   The Express Tribune
NAB held Provincial Housing Authority director in corruption case   Daily Times
NAB held Director Provincial Housing Authority in corruption case   Business Recorder (press release) (blog)

all 4 news articles »   

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