DATE APRIL 30 , 2019
DAWN NEWS PAPER
K-Electric to set up 700MW power plant
Ogra proposes up to 15pc hike in petroleum prices
Senate body asks govt to fix cotton support price
US, Pakistan discuss trade ties, Afghan peace
Technical level talks with IMF begin
Pakistan among top 20 military spending countries in 2018: report
THE NEWS INTERNATIONAL
Pakistan, Afghanistan to face economic slowdown: IMF report
Budget 2019-20: FBR, NTC propose to abolish 5th Schedule
Centre agrees with provinces to ink MoU on single GST return: FBR
IMF wants Islamabad to budget power sector’s subsidies
Rs14.38 per litre increase in petrol price recommended by Ogra
Traders hail Pak-China FTA’s 2nd phase
BUSINESS RECORDER
Talks on $8 billion bailout: Government, IMF in final round
Cabinet unlikely to consider tax amnesty scheme, budget strategy paper today
Pakistan for early convening of next TIFA round
Textiles: product diversification wanted (ii)
Ogra recommends 15 percent increase in POL prices
Ramazan: Cabinet to consider closure of industries’ one shift today
FPCCI hails FTA Phase-II with China
Budget (2019-20), FBR, NTC seek elimination of Fifth Schedule of Customs Act
Federation, provinces making progress towards single GST
JANG NEWS PAPER
Standing Committee sought budget framework from F.B.R
F.B.R and Provinces agreed towards single General Sales Tax (GST)
OGRA recommends to increase petrol price by Rs14.37
Uncertain condition and tension is the main hurdle in economic development
Meeting on loan of 6 billion dollar with Pakistan and IMF begins
Pakistan – China Free Trade Agreement
EXPRESS NEWS PAPER
Foreign loan of 27 billion dollar payable on Pakistan in 2years. IMF
Recommendation to increase petrol price by Rs14.34 per litre from tomorrow
Pakistan – China Free Trade Agreement
DATE APRIL 29 , 2019
DAWN NEWS PAPER
Pakistan, China enter second stage of free trade
Proposed visa curbs to be taken up with US
Political reasons behind Asad’s ouster
Who will micromanage the economy?
Inching towards equitable trade with China
THE NEWS INTERNATIONAL
Pakistan to get duty-free access to Chinese markets
FATF’s next meeting to judge Pakistan’s performance over three key actions
BUSINESS RECORDER
FTA Phase-II signed with China
Special economic zones: Imran invites Chinese entrepreneurs to relocate industries
FBR”s registration system: FTO unearths Irregularities
The changing of the guard at MoF
IMF programme: Could be very tough
JANG NEWS PAPER
FATF meeting, Pakistan’s performance will be judged on 3 points
In new Federal Budget withdrawal of additional F.E.D on big vehicles proposed
Govt’s New Economic Team
EXPRESS NEWS PAPER
Pak – China free trade agreement on ML one signed
Basic weakness of Economy is the increased gap between Imports & Exports. Report
Condition of property tax collection is not favorable. Excise Minister
DATE APRIL 28 , 2019
DAWN NEWS PAPER
Discussion on second phase of CPEC begins
More nations joining Belt and Road, $64bn deals signed, says Xi
New passports being denied to applicants having CNIC photos in blue background
Heatwave likely to grip city from May 1
THE NEWS INTERNATIONAL
Government cuts gas supply to zero-rated industry to fuel power plants
Gas shortage expected to reach 4.6bcfd in five years
Upcoming budget termed crucial
US places visa sanctions on Pakistan
FBR inducts key IR officers ahead of assets declaration scheme
Conference debates coming to grips with water crisis
BUSINESS RECORDER
List of countries updated under new visa policy
Xi says more nations joining Belt & Road, $64bn in deals
FTA with China today: Govt efforts in getting duty-free access to 313 items lauded
Plastic pollution poses danger to marine life
Mobile phone top-ups: No proposal under study to waive advance WHT
Purchase & supplies of yarn: PWMA terms FBR notices to zero-rated sector ‘unjustified’
JANG NEWS PAPER
Incomplete asset declaration under presidential ordinance will not be acceptable
Hafeez Shaikh will be made Finance Minister from advisor before budget
EXPRESS NEWS PAPER
EOBI should announce amnesty for industries. Saleem Parekh
2nd Pak – China trade agreement likely to be signed today
New visa policy notification issued with regard to visa facilitation with 48 countries
Tax collection from mobile users begins full balance will not be given
July – March tax collection in comparison to last year remains reduced by Rs.58 billion
DATE APRIL 27 , 2019
DAWN NEWS PAPER
Gas shortage to increase by 157pc next fiscal year
Cabinet committees dealing with economic matters reconstituted
IMF team coming to negotiate three-year bailout package
THE NEWS INTERNATIONAL
Pakistan to pay back $3 bn to IMF over next three years
Centre, provinces agree on uniform GST return for goods and services
Thailand forwards 100 tariff lines to include in proposed FTA
PBC hails renegotiated CPFTA II
BUSINESS RECORDER
ECC reconstituted; Shaikh replaces Umar
Shaikh can”t present budget, chair NFC meeting sans oath
Foreign loans: MoF seeks tax exemption on interest payment
Textile industry remains under stress after 9/11: PTEA chief
PYMA urges FBR to withdraw notices, stop harassing traders
KCCI chief underscores need for safe industrial environment
Pak-China FTA: exporters for taking industry onboard
LCCI demands uniform energy prices across country
Government striving hard to revive economy: Alvi
Taxes on mobile phone top-up cards restart
JANG NEWS PAPER
During Next 3 years 3 billion dollar have to be return to IMF
Under new FTA, China will import 325 Pakistani items duty free
Free trade agreement with China is dangerous for Pakistan’s economy. FBR
EXPRESS NEWS PAPER
July 2018 till March, 2019 only Rs74.3 billion income tax collected
Pakistan’s continued revenue loss and proposed new taxes
DATE APRIL 26 , 2019
DAWN NEWS PAPER
Govt plans new body for effective policy implementation
Important decisions on CPEC, trade expected during PM’s visit to China
Alvi stresses corruption-free environment to attract investment
Lahore surpasses Karachi, Islamabad in crime control
THE NEWS INTERNATIONAL
Country has come out of difficult time: Alvi
FPCCI delegation leaves for Houston
SHC moved against SRB’s tax notices
FBR mulls four times increase in penalty on non-filers
Govt-opposition working on proposals to change NAB laws
Power defaulters’ names to be made public
Proposal to continue new amnesty scheme till December
Pak China FTA-II all set to scale up scope for exports
State Bank launches credit guarantee scheme for women entrepreneurs
Growth vs inflation: New finance manager in old catch-22
BUSINESS RECORDER
BRI: China vows to ease debt concerns
Amnesty scheme: Assets may be required to be repatriated or invested in PBC
Foreign Exchange Remittance Card created
Fiscal challenges before Hafeez Shaikh
Rising budget deficit: No solution in sight?
CPFTA-II and our local industry
PM’s visit: Top businessmen to hold B2B meeting with Chinese tycoons
EFP presents proposals for federal budget
JANG NEWS PAPER
Name of electric defaulters be brought before public, decision to forfeit property
Federation and Province agreed to equalize GST into one
Federal Govt has prepared new draft of Tax Amnesty Scheme
Launching of new Tax Amnesty Scheme ball is in IMF court
Tax on Mobile Card will be restored from Tonight at 12 hours
EXPRESS NEWS PAPER
Pakistan’s revenue deficit reached at Rs.3 trillion. World Bank
F.B.R opposed FTA phase 2 with. China
Restoration of tax on mobile card
DATE APRIL 25 , 2019
DAWN NEWS
BD, INDIAN ECONOMIES-(DAWN)
ISLAMABAD READY TO FIGHT ITS CASE BEFORE FATF, NA BODY TOLD-(DAWN)
LHC TAKES AWAY SUO MOTU POWERS OF FBR-(DAWN)
NA BODY TO MOVE AGAINST WITHDRAWAL OF DUTY ON COTTON IMPORTS-(DAWN)
SC RESTORES ALL TAXES ON MOBILE PHONE TOP-UPS-(DAWN)
SHARJAH NAMED 2019 WORLD BOOK CAPITAL-(DAWN)
THE FIGUREHEAD PRIME MINISTER-(DAWN)
THE NEWS
COTTON IMPORTS NA BODY TO MOVE NA TO RESTORE IMPORT DUTY-(THE NEWS)
FBR EXPECTS RS15BLN COLLECTION ON CELLPHONE USAGE IN MAY-JUNE-(THE NEWS)
FBR SUO MOTU POWERS TO COLLECT SALES TAX SCRAPPED-(THE NEWS)
FPCCI TEAM TO ATTEND TRADE MISSION-(THE NEWS)
IMF FOLDS PACKAGE WITH MORE STRINGENT CONDITIONS-(THE NEWS)
NEPRA ASKS DISCOS TO PAY BACK 4 PAISA PER UNIT TO CONSUMERS IN MAY BILLS-(THE NEWS)
ONLY GENTLEMEN NEED APPLY-(THE NEWS)
SC RULING ON PHONE CARDS REVERSED-(THE NEWS)
UAE PLANS VISA-ON-ARRIVAL-(THE NEWS)
BUSINESS RECORDER
Dawood optimistic about CPFTA-II prospects
Anti-money laundering drive: Government says won”t countenance harassment
Tax amnesty scheme being given final shape: official
SC restores all taxes on mobile phone top-up cards
Textiles: product diversification wanted
LHC upholds tax tribunal’s verdict
PM, IMF chief to meet on 26th in China
EOBI to introduce new system for registration of employees: Azhar
Saudi ‘E-Visa’ opens for Pakistani Umrah pilgrims
Nepra approves four paisa refund for March under FCA mechanism
Annual Turnover Tax, FBR urged to stop RTOs from sending notices
IMF bailout package and the economy
10-15pc RD on cotton import, minimum support price, Special body to present resolution in NA today
It’s all about trade-offs, Prime Minister
DAILY JANG
Lahore High Court sale tax collection from unregistered organization stopped
8 Billion dollar loan likely to get from World Bank
Big relief for people electric tariff reduced by Rs.04 Paisa per unit
Tax Amnesty Scheme will be finalized next week. Secretary Finance
Pakistan is under distress against balance of payments. UNDP
“N” league trade agreement with China is imbalance, loss of 20 trillion sustained. Advisor Commerce
Relaxation in visa restriction for foreign passengers arrival of bloggers increased
Govt advise to start diplomatic campaign for support of FATF
Sticker system for visa abolished, Ummrah Pilgrims will be issued online Ummrah visa
U.A.E will provide visa on arrival facility to more countries
DAILY EXPRESS
Supreme Court restored tax on mobile card
Heat wave likely to hit in May & June
Harassment of Industrialists is not tolerable. Chairman EOBI
Mobile phone companies not yet decided to collect tax
Budget deficit reached to 1.6 trillion in 9 months
DATE APRIL 23 , 2019
DAWN NEWS
Hafeez reassures Chinese investors
Govt eyes $1.5bn in project funding from World Bank
Industrialists seek govt support for waste treatment
THE NEWS
Current Account Deficit to be zero in two years: APTMA chief
Pakistan to access 90pc of Chinese market
Govt convenes vital meeting to decide tax amnesty scheme today
Iran offers Pakistan electricity, oil and gas
Karachi records decrease in crime ratio: DG ISPR
Cellphone tax case: Will cart man go for refund from IT office, asks SC
SBP mops up Rs147.5bln from market
Stocks fall as investors wary of new hands at financial helm
FBR hires consultants to set up land ports authority
BUSINESS RECORDER
Why textile exports fell in March despite full order books?
Tight monetary policy vital to cut C/A deficit: APTMA
FBR hires consultants to set up land ports authority
CPFTA-II likely to get approval today
Anti-money laundering, other bills introduced to NA
ATL condition doesn”t apply: NRPs can open and maintain forex account: SBP
Depreciation of PKR since June 1, 2018: ‘Impact on public external debt around Rs 1,657 billion’
KCCI leaders felicitate finance minister’
LCCI for uninterrupted power supply during Ramazan
Hafeez assures envoy of facilitating Chinese investors
Resale of new vehicles ban: government may approach CCI for legislation
Service tax on mobile recharge needs to be determined: CJP
DAILY JANG
90% Market of China will be opened for Pakistan under free Trade Agreement
Important meeting called today on Tax Amnesty Scheme with Stakeholders
Oil prices likely to be increased by Rs.3/- to Rs.5/-
Tax on salaried class to increase and discretionary fund to parliamentarians proposed
Mobile card tax is every citizen is capable to pay tax. Chief Justice
DAILY EXPRESS
Agreement with Islamic Development Bank for loan of 551 million dollar
Decision not to give details of Chinese loan by the Govt
Karachi giving 70% revenue should be given progress. Karachi Chamber
DATE APRIL 22 , 2019
DAWN NEWS
Govt to go ahead with tax amnesty scheme
‘The goal is to curb import bill’
Growing number of heavy vehicles on city roads becomes hard to manage
THE NEWS
Amnesty scheme should focus on broadening tax net
IMF loan laden with strict terms will not last: Dr Ashfaque
Capital hotels, restaurants found big tax-evaders
India warns IMF not to bail out Pakistan
NA to discuss energy situation, petroleum prices, crops damage today
BUSINESS RECORDER
IMF not in favour of tax amnesty scheme
FBR told to fine tune assets declaration scheme
Govt decides to issue fresh Sukuk worth Rs200bn
Exploring NFC to boost exports
Where did MoF go so very wrong?
Market access on ASEAN pattern
DAILY JANG
Aim of amnesty scheme to increase tax net. Advisor Finance
IMF should not give loan to Pakistan. India
IMF programme can not be continued on strict terms. Dr. Ashfaque
Overseas Pakistanis announced to invest in Pakistan worth 38 billion
World’s reservation on economic performance
DAILY EXPRESS
Asad Umar’s model rejected, Advisor Finance issued instruction to frame new amnesty scheme easy
World trade Pakistan’s policy on the pattern of Malaysia and North Korea?
Revolutionary changes needed in economic system
DATE APRIL 21 , 2019
DAWN NEWS
PM sets `responsibilities, targets` for new economic team
Hafeez, IMF officials discuss bailout package
Major industrial sectors see spike in FDI
THE NEWS
Ministers’ monitoring to continue: Task of new team is to beat price hike
Monetary policy in fiscal stress
BUSINESS RECORDER
Economic crisis: PM praises Sheikh, asks him to work harder
Medium-term strategy paper by 30th: Budget not earlier than May 24: adviser
SEZs under CPEC to help attract FDI: Ishrat
Net new instead of burdening existing taxpayers, PM advised
Cell phone recharge: SC bench to take up tax suspension issue tomorrow
Islamic banking financing, net assets show growing trend
DAILY EXPRESS
Industrialists should invest in Textile sector. APTMA
IMF loan Govt ready to impose new tax of Rs.600 billion defense budget not to be reduced
Electricity generation reduced to 13%
Expectations to come from economic crisis
DATE APRIL 20 , 2019
DAWN NEWS
Single value-added tax regime agreed with IMF
Textile makers plan $1bn capacity expansion
Water level in dams rising gradually
Experts warn of possible heat waves in summer
Beijing says Silk Road not geopolitical tool, understands concerns
Chinese banker suggests gradual economic liberalisation
THE NEWS
FBR nails Rs1.5 billion from offshore assets’ owners
APTMA praises govt policies for renewed investment
Hafeez Shaikh notified as Adviser to PM
GE says circular debt antagonises power generation
Economic shocks, downslide continue after nine months of experimentation
‘B2B ties can take CPEC to next level’
China advises India to hold talks on differences over CPEC
26 new CPEC initiatives underway: Chinese envoy
Economic matters: Govt mulling constituting advisory board
APTMA chief for competitive domestic textile industry
FPCCI assured: DGI&I Karachi to set up 24/7 help desk
Bashir Janmohammed named FPCCI body chief
Sustained buying of fine quality on cotton market
KE achieves nearly 90pc of its commitment under TP-1000: Sinkler
NICVD’s 9th chest pain unit opens at Karimabad
Cottage industry: LTUs, RTOs urged not to refuse ST registration pleas
DAILY JANG
Resignation accepted of Asad Umar, notification issued of appointment of Hafeez Shaikh
Recovery of power sector increased & reduction line loses
Companies save their employers from psychological pressure for there better performance
Saudi Arab Agreed to enhanced Pakistan Hajj quota up to 16000
Pakistan ready to issue E-Passport up to July according to American standard
Pakistani rupee on its peak in 1950, in 2019 on decline shows statistics
DAILY EXPRESS
Hafeez Shaikh reached Pakistan, economic road map prepared
Need to standard enhanced of export commodity
Indus Motor enhanced their vehicles prices
PIA decided to charge extra amount of booking of comfortable seats
DATE APRIL 19 , 2019
DAWN NEWS
Difficult days ahead, says Asad
FIA raids currency exchange firms in Islamabad, Quetta
No power cuts to be carried out during Sehri, Iftar
Performance aside, Asad Umar's resignation ill-timed, say trade and industry leaders
‘Improve industrial capability to benefit from new FTA with China’
Foreign investment plunges 51pc
THE NEWS
Positions tumble as cabinet sees major shake-up
Dr Hafeez Shaikh worked on key economy positions
Renowned scholar Dr Jamil Jalibi passes away
Asad Umar is fifth Pak finance minister to resign in a decade
‘Asad Umar’s unceremonial departure comes at a bad time for economy’
Textile sector’s differences spinning higher on yarn export
Textile exports decline 9.47pc in March
FDI drops 51.4 percent to $1.273bln in July-March
C/A deficit narrows 29.4pc to $9.5bln in nine months
KCCI proposals win FBR attention
Forex reserves slide to $16.195bln
PFDC and TEXPO highlight the rise of fashion retail in Pakistan
Car imports tumble 42 percent to $209 million in nine months
BUSINESS RECORDER
Imran”s ”Yegor Gaidar” quits ahead of IMF bailout
”Amnesty” scheme for recovery of GIDC may be announced
C/A deficit narrows down by 29 percent in nine months
FDI declines over 51 percent in nine months
ICMAP, TDAP holds ‘Textile Leadership Conversation 2019’
Stitching Machine Operator Training Programme III launched
Pak-China FTA-II: Dawood foresees $6 billion exports growth on meagre free market access
10.77 millions cotton bales reach ginneries across country
SBP to promote digital banking through policy making
Textile continues to disappoint
GIFP, PBIF urge govt to refrain from another gas price hike
Federal budget, FBR agrees to most of KCCI proposals
Modest business amid arrival of PCGA report
Diabetics and heart patients more prone to heatstroke: Dr Junaid
DAILY JANG
Decided to issue honorary card to top taxpayer, F.B.R
DAILY EXPRESS
Chairman FBR met the Karachi Traders & discussed Federal Budget
Foreign investment 51% reduced
DATE APRIL 18 , 2019
DAWN NEWS
COMMODITIES COTTON TRADING FIRMS UP
FTO CALLS FOR TAX REFORMS
INDECISION PUTS TAX AMNESTY PLAN IN DOLDRUMS
MANUFACTURERS CUT PRICES OF AROUND 400 ESSENTIAL DRUGS
PM SET TO VISIT CHINA FOR FOUR DAYS FROM 25TH
PTA AD. FOR PUBLIC AWARENESS
THE NEWS
AMNESTY SCHEME CAN’T BE SUCCESSFUL UNLESS THREE LOOPHOLES ARE PLUGGED
CABINET SPLITS ON AMNESTY OR CRACKDOWN
COTTON OUTPUT TARGET SET AT 15MLN BALES FOR FY2020
ECONOMY GOING FROM BAD TO WORSE AS A ROADMAP REMAINS ELUSIVE
FORMATION OF SME FORUM HAILED
GOVERNMENT CONSIDERS CHANNELING CASH RESOURCES TO SBP FROM COMMERCIAL BANKS
GOVT FORMULATING POLICIES TO DEAL WITH BUDGET, CURRENT ACCOUNT DEFICIT ADB
GOVT PRESSURE PHARMA COS ANNOUNCE TO CUT PRICES OF MEDICINES
IMRAN KHAN AMONG ‘100 MOST INFLUENTIAL PEOPLE’
INVESTMENT IN PREMIUM PRIZE BONDS SURGES BY 29 PERCENT
LSM SHRINKS 1.72 PERCENTIN JULY-FEBRUARY
ON EXPIRY OF TAX AMNESTY SCHEME FBR SEEKS FULL POWERS FOR CONFISCATING UNDECLARED ASSETS
PM TO SIGN MOUS DURING CHINA VISIT
STORMS KILL 35 IN INDIA
BUSINESS RECORDER
75 TO 80 PERCENT RAISE IN GAS PRICE
CHINA GROWTH BEATS FORECASTS AS ECONOMY SHOWS SIGNS OF STABILITY
DASTGIR ASKS REASONS OF EXPORT DECLINE EVEN AFTER RUPEE DEPRECIATION
DISCOVER BUSINESS OPPORTUNITIES WITH TDAP ADVERTISEMENT
FIVE MILLION LOST JOBS IN INDIA BETWEEN 2016 AND 2018
FPCCI, UBG JOINTLY PRESENT 40 PRE-BUDGET PROPOSALS
GOVT DEPOSITS MAY SHIFT FROM COMMERCIAL BANKS TO SBP
INDUSTRY 4.0 ARE WE READY
MARCH EXPORTS UP 4.76PC MOM
PAKISTAN HAS BECOME A ‘CASINO ECONOMY BENGALI
PM DIRECTS KE TO REDUCE TIME PERIOD FOR NEW CONNECTIONS
PPMA ANNOUNCES CUT IN PRICES OF 395 ESSENTIAL DRUGS
SALES TAX ADVERTISEMENT FOR PUBLIC AWARENESS-(FBR)
VALUE ADDED TEXTILE SECT
DAILY JANG
EXPORT OF YARN DESTROY THE TEXTILE SECTOR LIKELY TO CLOSED UNITS THAT STARTED THEIR OPERATION AFTER SUBSIDY ON ELECTRIC & GAS PAYMENT OF REFUND CLAIMS.
ON CPEC TO BE INVITED TO WHOLE WORLD FOR INVESTMENT CHINESE AMBASSADOR
DAILY EXPRESS
F.B.R WILL MONITOR WITHDRAWAL OF AMOUNT RS. 1 MILLION WITH IN ONE MONTH
TO PROMOTE SMES. IN THE COUNTRY
UTILITY STORES WILL START RAMZAN RELIEF FROM 2 ND MAY
DATE APRIL 16 , 2019
DAWN NEWS
IMF bailout package agreed upon in writing: Asad
Industry infighting breaks out as govt relaxes yarn export rules
In new FTA, China extends zero rate access to more goods
Govt pays $1bn against Eurobonds
Listless trading on cotton market
Private schools restrained from seeking fees for May, June
Dust storm paralyses life in Karachi
THE NEWS
British minister agrees Pakistan, UK have potential for investment ties
China rejects Indian objections to CPEC
Draft for scheme to whiten black money ready
75-80pc gas price hike inevitable: Ogra chief
Pak-Afghan trade plummets to $1.7 billion: PAJCCI
Experts emphasise to frame viable solutions for water conservation
Tank facing flood threat after rains
FBR estimates Rs1bln in revenue from FED
Govt to raise $400mln in foreign loan to introduce tax reforms
‘Water supply to city likely to increase to 580 mgd’
Six dead, over 150 injured as dust storm wreaks havoc across Karachi
‘Fighting climate change most crucial war right now’
BUSINESS RECORDERCotton yarn export: Textile Division”s media hype rocks value-added sector
Umar says FATF has no links with IMF conditionalities
Increase in price of gas, Ogra completes public hearings against SNGPL, SSGC petitions
KMC establishes desk to address complaints
OICCI annoyed by non-functioning of IPO board
Khushhali Microfinance Bank goes live with CBS & FCM
Swimming pool for public at KMC sports complex
Seminar on ‘water productivity project’ held
Surge in gas prices inevitable: OGRA
Governor calls for efforts to limit climate change impacts
DAILY JANG
Competition among Pakistani Bank to pay more profit on fixed deposit
DAILY EXPRESS
Smoke of Transport & Reduction in Trees likely to become deadlier
Decided to carry out Special Audit due to High Prices of Medicines
Tax Evasion of Millions on Consignment Import Clearance
Fire caught 3 Factories & 2 Warehouses due to Strom Weather
DATE APRIL 15 , 2019
DAWN NEWS
Tax amnesty scheme ready for cabinet assent tomorrow
$600m textile export agreements at four-day expo
IMF may delay visit as bailout talks still going on
WB to loan $100m for Karachi’s water supply, sanitation projects
KDA to computerise land records
Bread, butter prices increased ahead of Ramazan
THE NEWS
Raise in prices: Govt cracks down on drug cos
China to extend duty free access on 313 more tariff lines
Facilities to business community Imran’s vision, says Elahi
FATF asks Pakistan to document, track all gold purchases
World powers blackmailing Pakistan on IMF bailout
Towards an alternative gas scenario
BUSINESS RECORDERWeekly cotton review: Trend of increase in prices continues
2nd edition of TEXPO Pakistan concludes
DAILY JANG
OGRA, Today will hold last public hearing for increase of Gas price 141%
Preparation to set up new Passport Office in District Central
DAILY EXPRESS
Country economy continuously going toward the extreme inflation
DATE APRIL 14 , 2019
DAWN NEWS
Borrowing for PSEs shoots up by 81pc
Power supply during Sehr and Iftar pledged
THE NEWS
IMF mission due by end April: Differences narrow down; heavy taxation on the cards
Govt discusses LNG supply deal with Saudi Aramco
Unity in procurement leads to growth in exports
BUSINESS RECORDERNew economic policy urged for balancing growth
HU Earth Day event, Govt urged to introduce climate-friendly policies
‘Pakistan can win global market by participating in Germany trade fairs’
‘New textile policy to be announced before budget’
PRGMEA to hold IAF’s 35th World Fashion Convention
Skyrocketing drug prices, AGP directed to conduct special audit of Drap
Prices of essential kitchen items continue to rise
DAILY JANG
Govt decided to special audit of DRAP
Dubai Airport closed for 45 days for renovation
DAILY EXPRESS
Unemployment reached 5.7% with slightly reduction
Not enough to announced Karachi Package, amount allocate for the City. Farooq Sattar
Tech Textile Process Exhibition will start from 14 May in Frankfurt
Gold rate reached Rs.71,000 per tola
DATE APRIL 13 , 2019
DAWN NEWS
Bailout package with IMF almost worked out: Asad
Nadra asked to introduce multiple identification systems
Govt to acquire surplus capacity of LNG terminals to meet gas demand
FBR hurtles for historic Rs450bn revenue shortfall as all heads, except customs duties, miss targets
Sindh accused of collecting tax from Hub industries
THE NEWS
Unemployment rate scales up to 5.7pc from 5.1pc in decade
Global energy storage giant eyes larger gas facilities in Pakistan
TDAP stresses diversification of export basket
Vanishing entrepreneurship means a slower economy in years ahead
Met Office forecasts light rain with dust storm in Karachi
Taxpayers’ Bill of Rights fails to gain govt attention
BUSINESS RECORDERGovernment takes major step to meet FATF requirements
SECP takes steps to boost ease of doing business: Mirza
Umar apprises WB, ADB about reform process
Saudi Aramco team arrives for talks on first LNG deals
Techtextil & Texprocess in Germany from May 14
Envoy urges businessmen to invest in Kazakhstan
SECP policy board eases regulatory requirements
KE pledges maximum relief to consumers during Ramazan
Pakistan Suzuki launches new Alto 660cc
DAILY JANG
Unemployment rate in Pakistan 2017-2018 was 5.7%
Industrialists have last chance to setup their Treatment Plant at factories. Minister Environmental
During Ramazan, more relief will be provided to consumer at the time of SEHAR & IFTAR
DAILY EXPRESS
Advisor of Prime Minister, Razzak Dawood met the foreign delegates at TEXPO
Institution set up for accountability of FBR Officers
Industrialists have given last chance to setup their Treatment Plant. Taimoor Talpur
DATE APRIL 12 , 2019
DAWN NEWS
CPEC enjoys top priority, PM tells Chinese delegation
FIA action against illegal currency trade continues
Despite claim, govt may not be able to bring down drug prices
44 held for selling milk at higher prices, says minister
THE NEWS
TDAP ogranises second edition of Texpo Pakistan 2019 at Expo Center Lahore
WB assures Pakistan of continued assistance
Staff level agreement with IMF: Govt may hike tax rate, cut exemptions
New amnesty scheme discouraging for existing taxpayers’
Countrywide crackdown against sale of overpriced drugs continues
‘Govt agreed to devaluing rupee to Rs150 a dollar’
CNG association demands reduction in gas prices
Forex reserves fall to $17.228 billion
ADB harnesses CPEC-CAREC synergy to enhance regional trade
FTA negotiations with Turkey to conclude in June
Government shelves $3bln sovereign bond issuance plan
Govt won’t tolerate unannounced load-shedding, says governor
Constitution of Consumer Protection Council demanded
Dairy farmers reject govt’s decision to sell milk at old rate
Dow becomes Pakistan’s first university hospital to transplant bone marrow
BUSINESS RECORDERPakistan hoping to get ASEAN-like treatment
CPEC to open new vistas of opportunities for entire region: PM
World Bank appreciates reform process
FY20 budget proposals, FPCCI proposes export warehouses at border areas
DAILY EXPRESS
Inflation rose due to depreciate of rupees. Abdul Razzak Dawood
DATE APRIL 11 , 2019
DAWN NEWS
Bilawal inaugurates 660MW coal-based power plants
FPCCI slams govt mismanagement, demands restraints on FIA, NAB
IMF sees sharp jump in fiscal deficit, debt
‘Banks to continue facing headwinds in 2019-20’
Car sales survive non-filer ban, price hike scares
‘Alternative, renewable energy solutions benefit communities’
‘Counterterrorism unit’ of police being set up to fight targeted killings
Dairy farmers increase milk price by Rs23 a litre
THE NEWS
Despite rupee devaluation: Pak exports decline by 11.3pc in March
PM orders drug prices be reversed within 72 hours
Against IMF demand of Rs5,460 bn: FBR proposes govt to fix target of Rs5,040 bn in next fiscal
Gas prices may go up by 20-42pc from July 1
EAC asks govt to set up body to define tax system
Crackdown against milk price hike, many arrested, says Rahu
Car sales slightly drop to 160,359 units in Jul-Mar
Workers’ remittances rise 8.74pc to $16.096bln in nine months
Pakistan eyes 100th rank in World Bank’s Ease of Doing Business Index
Govt likely to raise value-added sales tax on ‘luxury’ imports
FPCCI laments delay in issuance of tax refund bonds
A spoonful of sugar helps the ‘medicine’ go down
SEZs turn into real estate projects: BoI chief
Honda Atlas launches Civic 2019
SHC orders formulation of policy for CNG kits use
Environmental experts stress need for adopting renewable energy sources
NED ranked among the world’s top 200 universities
BUSINESS RECORDEREAC for simple, unified customs tariff lines
Bilawal inaugurates 660MW Thar coal plant
Exports, imports decline in March
July-March remittances post 9 percent growth
Net debt to increase to 72.7 percent of GDP: IMF
Government considering clearing outstanding amounts of duty drawback
Drug prices- to raise or not to raise?
FBR launches crackdown against tax defaulters
Pak-Turkey SEF Plan of Action: Pakistan wants to settle FTA by June 2019
Fare for Green Line Express increased
Ease of Doing Business Index: PTI govt optimistic about improving ranking
TDAP’s 2nd edition of TEXPO begins today
Bedwear textiles’export up by 4pc
Kazakhstan urged to facilitate access of Pakistani commodities
FTA with China to be signed during PM’s visit: envoy
KCCI offers to mediate between SBCA, car showroom owners
Could another finance minister do it better?
Gas companies deficit in billion, Govt have no choice except to increase the gas price
In spite of value of rupee decline, 11% reduction in export
DAILY EXPRESS
F.B.R active against dollar transferred to foreign country
Consider to impose 729 billion new tax in coming federal budget
Textile industry started to get new export order
Textile Exhibition “TEXPO” started today
Decided to start survey to find out richest non-filer
DATE APRIL 10 , 2019
DAWN NEWS
Without reforms, Pakistan’s growth rate to remain at 2.5pc till 2024: IMF
Govt to recover full cost of power, gas supplies
FPCCI seeks setting up of inland water transport authority
Govt’s failure in setting up consumer protection councils irks judge
Cabinet approves new authority to build housing units
Heatwave centres planned for public safety
Cotton prices up on strong demand
THE NEWS
FIA seeks NAB-like powers to stop money laundering
IMF trims Pak growth forecast to 2.9pc
Bilawal to inaugurate Thar coal power plant today
50 illegal car showrooms, restaurants, shops sealed
IMF trims growth forecast to 2.9 percent in 2019, warns of macroeconomic challenges
Sales tax collection drops to Rs500bln in nine months
FPCCI seeks viable budget proposals from all chambers
FBR notifies waiver of penal surcharges
BUSINESS RECORDERIMF projects less than 3 percent growth, sharp rise in inflation
Advisor concerned at export decline
PRGMEA for exploring non-conventional international markets
Government mulling over discontinuing low-yielding WHTs
FPCCI seeks viable budget proposals from all chambers
FPCCI representation demanded in public sector forums, BoDs
Conditions imposed on imported items relaxed
10th generation Honda Civic 2019 launched
Policies for business promotion in Punjab under way
Tax amnesty 2019: no place to hide?
Money changer arrested for foreign currency’s illegal dealing
Oil and gas exploration, Bahrain urged to facilitate Pak oil, gas cos’ participation
Filing of IT returns, RTO Islamabad launches awareness campaign
Most parts of country may receive normal rainfall in April
Settlement of over Rs7bn collection, FBR-Sindh govt row set to worsen
Commissioner’s report on heavy traffic, SHC directs stakeholders to submit reservations
OGRA received request to further Gas price increased Rs.106 per MMBTU
DAILY EXPRESS
IMF Loan, Asad Umar reached Washington
Prime Minister China visit, FTA will be signed. China Ambassador
Pakistan & China rejected criticism on CPEC
Trade delegation of South Africa will reached Pakistan 20 11 April
DATE APRIL 09 , 2019
DAWN NEWS
In last round with IMF, Asad sees growth, stability
Trade deficit dips 14pc to $23.4bn in nine months
PBS updates method to calculate inflation
FIA received 30,000 cybercrime complaints in 30 months
Islamabad airport to get ‘face reading cameras’
Reforms have increased Pakistan’s tax collection, bribe rates: IMF
THE NEWS
‘Economy moved from ICU to stability ward’
Crackdown against illegal gas users intensified
Rebasing of consumer price index approved
WHT collection on sale of goods, services falls to Rs145bln in Jul-Feb
Poor industrial capacities keep undermining export potential, revenues
BUSINESS RECORDERGovernment confident about success of amnesty scheme
Hike in fuel prices will increase production cost: ex-PIAF chief
Textile: Pak-China FTA needs revision
Sindh E&T dept collects Rs54.699bn in nine months
Bank accounts of 4,863 individuals blocked: NACTA
SME development: government urged to include fiscal steps in budget
Cost of corruption
DAILY JANG
Foreign debts reached on its new peak, 99 billions 31 crore dollars. State Bank
Decided to sales & purchase foreign currencies included dollar under the biometric system
Under the CPEC in Pakistan fulfilled the electric need of 86 lac houses. China
DAILY EXPRESS
Pakistan & France decided to enhance cooperation in Trade & Investment
SSGC holds road show against gas theft
DATE APRIL 08 , 2019
DAWN NEWS
Growth rate to fall in next fiscal year, says WB
FIA arrests four, seizes currency in crackdown on dollar hoarding
Govt acts against 59 pharmaceutical firms, seizes drugs
Managed float or market-based exchange rate?
CM orders start of work on Thar coal power project’s phase-II
THE NEWS
Increase in drug prices highest in last 40 years
Dream Home Expo concludes on high note
Labour federation gives suggestions to govt for budget
Complaint cells to be set up to tackle price hike in Ramazan
NADRA facilitating citizens through different innovative services
‘KMC to resume anti-encroachment drive only when it has funds’
BUSINESS RECORDERPakistan economic growth will slow down to 3.4 percent: World Bank
PRGMEA chief for launching aggressive marketing plan to boost exports
Arrangements to hold TEXPO under way
Weekly cotton review: prices increased due to hike in dollar value
Illegal price hike of medicines: Minister warns of crackdown against companies
Three dealers held for hoarding US dollars
Cyber governance policy being formulated
DAILY EXPRESS
Pakistan need trade alongwith aid
Risk of Pakistan become defaulter, World Bank warn
Hoarding of dollars, 3 accused arrested from Lahore, Rawalpindi, currency recovered
PIA doubled extra luggage charges
Load shedding started, shortfall likely to reached 2500MW
DATE APRIL 07 , 2019
DAWN NEWS
PTI govt`s first tax amnesty scheme ready for launch
Auto financing shrinks sharply amid rising interest rates
Short supply restricts cotton trading
THE NEWS
KP businessmen invited to participate expo in Somalia
Biometric verification of Haj pilgrims begins
Exercise makes you happier than money: research
Experts call for urgent action for population control
FBR unearths Rs2.5 billion of sales tax evasion
Overseas investors propose aligning corporate income tax with average rate in Asia
DRAP suspends production of 31 pharmaceuticals on overpricing
Dairy prices likely to rise; farmers expect better business in summer
BUSINESS RECORDERFIA arrests four, seizes currency in crackdown on dollar hoarding
Govt will soon launch assets declaration scheme: Fawad
SNGPL seeks Rs723.37 per/mmbtu increase in normal business
PHMA to participate in TEXPO 2019
Hot & humid weather forecast for Karachi
Manufacturing sector to be pushed to boost exports: Mossadaq
KP businessmen invited to participate expo in Somalia
DATE APRIL 06 , 2019
DAWN NEWS
CPEC to boost industrial collaboration: Dawood
IMF deal to be inked by month end: Asad
‘No reason for further devaluations’
FBR announces Audit Policy, 2018
SBP official creates stir with FATF remarks
Tax bar seeks clarity over biannual WHT
SECP registers 1,401 new companies in March
Govt announces crackdown as dollars vanish in open market
NED launches online degree verification system
THE NEWS
No further rupee devaluation: Asad
CARs, Europe, others looking for investment in Pakistan
FIA directed to crack down on dollar-hoarders
Return filings hit record 1.87mln till March-end
Pakistan identifies 20-25 companies for joint ventures with Chinese
SECP registers 1,401 new firms in March
Govt urged to defer 2nd phase of China-Pakistan free trade agreement
BUSINESS RECORDERDon”t invest in dollars, Umar urges people
PD asked to explore possibility of procuring LNG from SFD
Exports vital for economic progress
Siraj Teli urges political parties to shun differences for sake of Karachi
Senate panel draws PM’s attention to drug price hike
FBR approves Audit Policy 2018
SECP registers 1,401 new companies in March
Surge in drug price attributed to depreciation of rupee
Second phase of CPFTA acceptable but not at the cost of local industries: FPCCI
Consumer price inflation at 9.4 pc!
‘My Karachi’ fair: thousands of families throng Expo Centre
KTBA urges FBR to accept biannual WHT statement for 4 months
8m tonnes of plastic products disposed of into sea
Gas Supply Closure Every Sunday Industrial and Captive Power
DAILY JANG
Decided to limited sales of dollar
Manufacturing cost of a Medicine Rs.25 and sale price of Rs.588
Sindh budget likely to present in the first week of June
DAILY EXPRESS
Govt. shift subsidy burden to distribution companies
Do not waste money to purchase dollar, no chance to further devalue of rupee. Asad Umar
Decided not sale dollar to the hoarder
Punished to 6 persons on gas theft. SSGC
DATE APRIL 05 , 2019
DAWN NEWS
Canada asked to move visa centre back to Islamabad
Pakistan’s GDP growth to fall behind Nepal, Maldives this year: UN
Govt to amend Foreign Exchange Regulations Act 1947
Nepra allows 81-paisa increase in power tariff
FBR draws 14,154 cases for audit
SBP, dealers meet to contain rise in dollar rate
Buying picks up on cotton market
Poultry prices increased by Rs30-40
Price-hike of medicines leads to public outcry
FBR selects 14,164 tax cases for audit
‘Effluent treatment plants needed on a war footing’
My Karachi Exhibition opens today
Forex reserves rise to $17.397 billion
OGRA jacks wellhead gas price up to 34.9pc for Jan-July
‘Erasing the poor’: Pakistanis feel crunch of rising prices
Pakistan gears up to improve ease of doing business ranking
Mechanism to reduce price disparity among provinces soon
Rudderless economy playing havoc with masses
BUSINESS RECORDERPM links country”s economic future to robust exports
Exchange companies urged to help keep rate stable
Forex reserves up $2.4 billion in March
Action to be taken against car assemblers charging premium
Broadening tax base: Nadra data to be employed to carry out ‘360-degree’ analysis
Nepra approves power tariff hike by Re 0.81/unit
Ease of doing business reforms: Dawood chairs high-level review meeting
Increase in prices of POL products
Rising demand pushes cotton prices up
ST, FED cases for audit, FBR lays down 12 risk-parameters for selection
Don’t fix prices – but don’t do business too
As compared to last month, inflation increased 9.4%
LNG & Electric price increased
In the World, every fifth person dying due to substandard food
Differences on number of cases, F.B.R selected for audit
Decided to setup airplan manufacture industry in the country
Sugar price likely to reach Rs.75 per kg in Ramzan
DATE APRIL 04 , 2019
DAWN NEWS
Saudi team reviews Haj arrangements at Islamabad airport
Pakistan's economic outlook gloomy, warns ADB
FED on 1,700cc above vehicles to be withdrawn: Razak
TDAP organises awareness session for women entrepreneurs
Suzuki Alto set to make a comeback
Industrialists asked to show progress on treatment plants
WhatsApp allows users to control who can add them to group chats
Only options — go bankrupt or get IMF plan: Annual growth going to go down
Revised FTA: Pakistan seeks full transaction-based trade data from China
PM orders crackdown on illegal gas connections
Nepra seeks Discos’ plans for uninterrupted power supply
K-Electric claims Rs158.8 bn against federal, provincial govts’ entities
Call for allocation of funds for FEC construction
‘Islamabad to be made plastic free soon’
Pak-Iran FTA draft likely to be signed this month
FBR expects up to Rs300bln in revenue from new tax amnesty
EPZA bans business of used, worn clothing
State Bank to raise Rs3.90 trillion through MTBs, PIBs in April-June
FBR assures revised notification
Cotton output falls 6.9 percent
New research shows Type 2 diabetes now reversible, says British expert
BUSINESS RECORDERADB projects slower growth, higher inflation
Government to borrow Rs 3.9 trillion in Q4
TY17 audit selection: Certain categories of taxpayers to be excluded
1700cc & above: 10 percent FED to be withdrawn: Dawood
KE receivables soar to Rs 158.8 billion
Sales tax law: Reasons for writing order by authority should be cogent: SC
THE RUPEE, $ at Rs 141.40 on inter-bank
Cotton market, Modest business seen on arrival of PCGA report
Karachi LTU recovers Rs170m after attaching cos account
Out of sales tax net, FBR to conduct survey of manufacturing units in Punjab
FBR’s awareness sessions on tax reforms
Power supply in Ramazan, Nepra seeks detailed plans from Discos
Hot, dry weather likely in Karachi
Need stressed for nurturing local industry to reduce import bill
Burden not acceptable on Public, crackdown against illegal gas connection. Prime Minister
One Word for Govt Economic Policies “Failure”
Order to crackdown against those companies who increased their medicine price without approval
Historic height, Dollar reached 143, Gold 72000 per tola
Prime Minister order to crackdown against politician who involved in gas theft
Rs.80 billion bonds will issue to exporters
Today FBR will select 45000 taxpayers for audit
Decided to included youngster in policy making process
DATE APRIL 03 , 2019
DAWN NEWS
Another amnesty scheme for non-filers planned
Revenue collection stalls as custom duties alone show buoyancy
Rs125bn dues major hurdle in KE sell-off
Prices steady on tight cotton supply
Gold hits fresh peak of Rs71,200 per tola
Dollar crosses Rs141 mark in interbank
K-Electric sale impossible without clearing dues against it
‘No jobs, houses for three years’
FBR’s revenue collection up 2.5pc in July-March
TDAP asks to use global agencies to promote e-commerce
No fiscal harmony, business as usual
Rupee crosses 141 level in interbank market
Slowdown weighs heavy, petroleum sales down 25pc in July-March
Kazakh envoy invites Pakistani traders
Govt to get Rs410m as charges for underground water extraction
No substitute for economic growth
BUSINESS RECORDERGovernment mulling announcing amnesty scheme: Umar
Chinese envoy, investors briefed on tax concessions
Government ”consciously” allowed decline in tax collection on imports: Azhar
Razak optimistic about getting much better FTA from China
Business community to extend support to PM for broadening tax net
Chinese envoy lauds efforts to complete CPEC project on fast track
‘My Karachi’ exhibition to begin on April 5
Tax-to-GDP ratio will decrease to 12.5 percent: Pasha
SECP Bench refuses to grant 7th adjournment to textile mill
Bilateral trade volume very low: Kazakh envoy
Hike in POL prices challenged in SHC
Cotton market: Trade activity slows down ahead of PCGA report
Hot and dry weather persist in Sindh
Inflation high but don’t panic
We will give tax amnesty; withholding tax will remove on non-filers
Inflation high, Federal Government get training on job. Analyst
Decided not to extend date of issue of Sales Tax Refund Bond
Electric dues defaulter, dues reached to 449 billion but electric not disconnected
DATE APRIL 02 , 2019
DAWN NEWS
Inflation hits 9.4pc, highest in five years
Finance minister defends increase in petroleum prices
Water storage depleting at alarming level
State Bank eyes issuance of digital currency by 2025
SBP summons dealers as dollar touches Rs144
Sindh sales tax collection jumps 9pc
Chicken feed, water samples in city found contaminated with heavy metals
Thar coal power plants’ inauguration on 10th
Govt plans to introduce flexible exchange rate
Inflation hits over five-year high in March
Businessmen criticise fuel price hike
LPG price revised up 2.7 percent for April
Tax collection on rental properties increases 26pc to Rs13 billion in July-February
Ghani wants Karachi cleaned before Ramazan
Public holiday in Sindh on 4th
Economic reforms: Part - XLVIII
BUSINESS RECORDERPOL price change implies downward adjustment in tax
CPI reaches 9.41 percent in March on YoY basis
Key oil & gas companies: Government all set to appoint new boards of directors
Benami Act 2017: IR Commissioners declared approving authority
Business community rejects hike in POL prices
Trade activity rises on cotton market
Government urged to consider GCCI recommendations
A delegation of France consist on 22 big companies will visit Pakistan on 8th April
On 1st April temperature touched 40 degree in Karachi
Action will be taken against those SEPA officers involve harassment to industrialist
DATE APRIL 01 , 2019
DAWN NEWS
Petrol, diesel prices touch nine-month high
Interest rate tightening and rupee’s health
Petrol, diesel prices up by Rs6 per litre
Pakistan to seek $1 bn export orders from China: Razak
Appreciation of dollar causes hike in oil prices
FBR extends date for filing tax returns
Next phase of drive against encroachments to start in mid-April
BUSINESS RECORDERFBR crosses mark of 1.8m tax filers
— to approve Audit Policy 2019
Petrol, HSD prices raised by Rs6/litre
Cabinet excludes name of Shandana
Weekly cotton review, Prices remain stable; trading volume increases
Govt to unveil special package for trade and industry: Qaiser
Pak – China FTA sign in current month, Pakistani export will be doubled. Trade Advisor
Further 1 month extension in Income Tax Return submission
From today, Pakistan Motor Vehicles Assemblers enhanced their vehicle booking rate
Karachi Package… solution of problems or just announcement
Date extended up to 30th April to submit Income Tax Return
Mobile Security Application introduced by Karachi youngster
Government cuts gas supply to zero-rated industry to fuel power plants
Gas shortage expected to reach 4.6bcfd in five years
Upcoming budget termed crucial
US places visa sanctions on Pakistan
FBR inducts key IR officers ahead of assets declaration scheme
Conference debates coming to grips with water crisis
Improving performance
‘Black economy’
BUSINESS RECORDER
List of countries updated under new visa policy
Xi says more nations joining Belt & Road, $64bn in deals
FTA with China today: Govt efforts in getting duty-free access to 313 items lauded
Plastic pollution poses danger to marine life
Mobile phone top-ups: No proposal under study to waive advance WHT
Purchase & supplies of yarn: PWMA terms FBR notices to zero-rated sector ‘unjustified’
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