DATE JANUARY 31 , 2019
DAWN NEWS
Reforms planned to ease business regulations
Senate panel rejects three key proposals of finance bill
Pakistan certifies first organic cotton bale
Shipowners demand removal of freight tax
Chamber, builders slam demolition notices
THE NEWS
Corporate tax cut from 47 to 16pc
Only one percent Pakistanis pay taxes: FBR
EAC members protest Finance Ministry’s laxity
Pakistani school on lowest, Indian on top ranking in Dubai
Putting industrialisation on the front burner
BUSINESS RECORDER
Dawood speaks about government”s focus on ease of doing business
PM vows textile sector”s revival
LSM growth shrinks by 1.7 percent in Q1-FY19
Massive increase in Hajj fares likely
Subsidy on Hajj permissible: CII
Comprehensive plan on FBR restructuring chalked out: PM informed
Demolition of buildings: FPCCI, ABAD urge SC to review decision
Ogra suggests lowering of POL products’ prices for February
Imran’s travels: More than meets the eye?
DAILY JANG
Issue of Rs200 billion towards gas infrastructure development charges resolved. Ministry Petroleum
Economic Structural Reforms Unavoidable
DAILY EXPRESS
Real Estate sector become source of Tax evasion
Report of State Bank with Regard to Economy
DATE : JANUARY 30 , 2019DAWN NEWS
Pakistan’s score on graft perception index up by one point
Taxes on solar, wind power equipment may be waived to boost production
Trade deficit to shrink by $5-6bn, claims Dawood
Macro adjustment to continue, warns SBP
Pakistan needs to take tough decisions: DFID
Duty payment procedure on mobile phones notified
Board hints at further fiscal tightening
5,000 garment workers sacked in BD over strikes
Trade between Pakistan, Philippines needs boost, says ambassador
THE NEWS
SBP first quarterly report: Achieving 6.2pc growth unlikely
Pakistan needs structural reforms: UK DFID
Corruption Perception Index 2018: Pakistan, India score a point each; ranking unchanged
Lowering BP cuts risk of cognitive impairment
Government eyes $6 billion cut in trade deficit, refuses subsidy to sugar millers
Central bank to unveil monetary policy on Thursday
FBR allows mobile registration for international travelers
BUSINESS RECORDER
Likely policy changes tail off investor confidence
Dawood predicts $5-6 billion decline in trade deficit by FY19-end
first quarter budgetary borrowings fall to multi-year low: SBP
INTERVIEW: Country needs to come out with own strategy: UK DFID”s chief economist
Omar assumes charge of FD’s special secretary
Government urged to allow expats to open dollar accounts
FBR issues new procedure for mobile devices imported illegally
Customs to levy 22-30pc tax on import of mobile devices by mid-Feb
Filing of revised return, FBR asked to decide taxpayer’s plea before expiry deadline
Governor hints at new employment-friendly labour law
DAILY JANG
Pakistan India stands one point each in corruption ranking stands. Transparency
Loss custom revenue will be compensated through sales tax. Advisor Commerce
Online system introduced for payment of tax on mobile phone registration
Trend increased of tourist visiting Pakistan
DAILY EXPRESS
Option of privatization, lease & self-operation of Steel Mill under consideration. Razzak Dawood
Inflation out of control target of Economic growth will not be achievable. State Bank
Ministry of Finance and planning is against increase in interest rate
DATE: JANUARY 29 , 2019DAWN NEWS
Centre, federating units to resume NFC talks next month
Qureshi urges foreign countries to lift travel curbs on Pakistan
Sindh CM calls for revisiting NFC award’s criteria
Senate adopts panel report seeking travel blacklist abolition
Govt imposes moratorium on new oil marketing companies
FTA with United States difficult, says Dawood
Asad assures businessmen of all-out govt support
FBR invites proposals for next budget
Dubai airport retains top global spot for 5th year
Minister says razing residential buildings on converted, amenity plots ‘not possible’
THE NEWS
IMF softens many demands: Asad Umar
Pakistan’s external financing drops by 60pc
TDAP advocates lobbying free trade agreement with Australia
Pakistan to tap overseas nationals for funds to revive economy
Profit, dividend repatriation drops 37pc to $759.5mln in H1
Shifting the paradigm from revenue generation to job creation
BUSINESS RECORDER
Budget FY 2019-20: all taxes to be clubbed into one tax: Umar
Legal framework”s overhaul sought: CCP recommends setting up of real estate regulatory body
Pakistan, Iran to hold talks on FTA next month
FBR”s tax policy for real estate sector unfair: CCP
FY20 Budget: FBR seeks taxation proposals from taxmen, traders
Exports will hit all-time high in 2019, claims Dawood
22 Pakistani exhibitors to participate in Paris fair
National Tax Conference to be held in March
Govt urged to resolve GIDC issue
Pakistan receives $2.313bn foreign assistance in 1HFY 2018-19
Prospects for bruised economy are dim
Appraisal of the ‘mini-budget’
Asad Umar will be Imran Khan’s Ishaq Dar?
New visa policy, Business leaders see growing tourism, trade
Promissory notes to the rescue
Opposition slams govt over ‘blacklist’ on airports
SECP AD, EASE OF DOING BUSSINESS
DAILY JANG
Foreign assistance for Pakistan reduced by 60%
Gas prices period of 10 year should be reviewed for 5 or 7 years
Need to transfer GIDC to provinces. Chief Minister Sindh
GIDC & sales tax on goods be given to provinces. Murtaza Wahab
DAILY EXPRESS
Provinces should get permission to collect tax at its own. Chief Minister Sindh
DATE JANUARY 28 , 2019
DAWN NEWS
Govt imposes ban on import of furnace oil
Haj charges to go up by 36pc, Senate panel told
If the ball isn’t dropped, this just might work
How Pakistan should meet clean energy challenges
Firefighting is the new normal
Mini-budget termed ‘anti-worker’
Pakistan wins investors back: PM
IMF seeks further taxation measures from Pakistan
Capital abuzz with rumours of presidential system
Govt borrowing from SBP during July-Dec Rs1.2tr, not Rs6.6tr
Rice, sugar and yarn: China likely to extend concessions
GIDC: government, litigants fail to reach settlement
MESSE Frankfurt Ad, techtextil 14. – 17. 5. 2019 Frankfurt am Main
MESSE Frankfurt Ad, texprocess 14. – 17. 5. 2019 Frankfurt am Main
IMF demands Pakistan to make arrangement for more tax collection to increase income immediately
F.B.R sought proposals on custom from all chamber of commerce for next fiscal year
U.K PCCI divided on resignation & differences of office bearers
System of mobile phone online registration & tax payment ready
DATE JANUARY 26 , 2019
DAWN NEWS
Visa-on-arrival facility extended to 50 countries: minister
Senate committee calls for abolishing travel blacklist
SBP gets final tranche of $1bn from S. Arabia
Diaspora bond to be launched on 31st
Govt borrowing from central bank jumps four-fold
Indirect taxes to be cut further, says Hammad
Sindh Building Control Authority Public Notice
Visas on arrival for 50 countries, e-visas for 175
Govt fails to recover taxes from properties’ owners, bank account holders
Growers demand end to tax-free cotton import
Will quit ministry, not to raze residential buildings, says Ghani
New industrial city to be established at Faisalabad
Pakistan receives final $1 billion tranche of Saudi support package
TECA must materialise to benefit Pakistan, Qatar: TDAP
Railways to launch elite train in March
Govt to generate trade activities’
BoP support by Saudi Arabia, UAE: Qatar refuses to follow suit, however
Visa policy aimed at boosting tourism unveiled
Pakistan Friday announced a new visa policy to introduce on-arrival visas for the
Saudi Arabia releases third and last $1 billion tranche
RPOs against all claims: Refund bonds must be issued by February 14, taxmen told
FPCCI VP hopes govt will resolve GIDC issue
Free Trade Agreement: Pak-China talks likely in February: Dagha
EFP criticises government’s ‘reforms package’
No tax amnesty under study: five-year tax and tariff plan to be unveiled soon: minister
Govt will announce next week midterm economic framework. Hammad Azhar
1000 Plots identified converted into commercial in city within 15 years
Finance bill, F.B.R’s officers jurisdiction increased
One more member Sakhib Sherani of E.A.C resigned
Map & N.O.C of buildings on converted plots also put on hold
S.B.C.A permission certificate converted from residential into commercial stands cancelled
F.B.R sought proposals on customs from chamber & associations
Doing business friendly environment being made for economic development. Secretary Commerce
Sugarcane juice is national drink of Pakistan
DATE JANUARY 25, 2019
DAWN NEWS
No panic over IMF bailout package: Asad
Cabinet approves merger of all media regulatory bodies
Controversy over new clause in mini-budget
Senate opposition rejects mini-budget
Honda seeks lifting of 1,300cc limit for non-filers
Pakistan, Sri Lanka trade below its potential’
SC gives two weeks for report on how to restore city to its past glory
Anger-prone people more likely to have heart attacks’
Money trail must for offshore assets’ owners: Asad
PM, COAS have one-on-one meeting
FBR, FIA asked not to harass those who availed amnesty scheme
Mini budget: many steps to materialise after July 1
Govt offers non-filers buying cars but jacks up registration rates
Govt compromised on documentation of economy’
PBC disapproves restoration of full and final tax regime for importers
Economic package a halfhearted relief for industry’
Sindh Building Control Authority Public Notice
Offshore assets: Amendment not amnesty scheme: Azhar
50 percent waiver in GIDC to settle outstanding dues approved
No new Rs 12 billion taxes imposed: FBR
Amnesty Scheme: Compliant traders must not be harassed, taxmen told
Reforms package’ a step in right direction, opine business leaders
FPCCI terms ‘mini-budget’ ‘a relief package’
FBR intelligensia not fair with govt on reform agenda’
APTMA terms ?mini-budget? investment-oriented
Mini-budget’ wasn’t as good as govt said it was
Car registration by non-filers, Exponential increase in advance tax proposed
Do not harass who availed tax amnesty Prime Minister ordered
Federal Cabinet accord to form media regulatory authority relaxation in visa for 56 countries
Minibudget implementation on important announcements will be from 1st July 2019
Official forex reserves further reduced by 26 crore 50 lac dollar
1 Billion dollar received from U.A.E
Economy put in the right direction will not bow in front of financial institutions. Finance Minister
Federal Cabinet speedy justice reforms in police relaxation in visa rules announced
930 Plots converted from residential to commercial between 204 – 2019
Positive message to industry through budget reforms. Siraj Kasim Teli
DATE JANUARY 24, 2019
DAWN NEWS
Mini-budget aims to revive business sentiment
Power tariff goes up by 57 paisa per unit
Human rights violations rampant in garment sector: report
Incentives to boost investment, says industry
Net revenue loss of Rs6.8bn in mini-budget as goodies doled out to business
Economic growth in Pakistan to slow down: UN
US hints at offering FTA for Islamabad’s help in Afghan talks
Nadra to develop software for keeping record of all foreigners
British Airways team to inspect arrangements at IIA
Plan to produce energy with garbage
PTI presents corrective package
FBR tax collection target of Rs4,398 bn kept unchanged
Plan to collect tax on offshore assets
Withholding tax on bank transactions waived off for filers
Tax rate for expensive mobiles increased
Investment driven economic reforms
No break for the broken as long as budgets remain inflationary
Tax bars upbeat on economic outlook
Refund bonds” carrying 10 percent annual profit to be issued
Government to suffer revenue loss of Rs 7 billion
Supplementary Finance Bill, Mixed reaction from business community
Finance Bill, 2019, A shift from consumer economy to industrial economy, say traders
Lack of trade policy main cause of crippling trade imbalance, says BMP
PBC hails economic reforms package
Corporate sector least bothered about tax reforms’
One-window operation facility announced for investors
Over-optimistic export projections
Industrial policy: it’s all about competitiveness
Limit reduced to withdraw money from ATM card
Cash through promissory note will be available from bank
Fraud given in budget legal experts, Good result will be achieved
New tax worth Rs12 billion exemption of Rs6.8 billion
NEPRA approved enhancement of electric tariff by 0.57 paisa per unit
Business and Industry will get boost through finance bill. Business Community
25% to 30% Tax on keeping property abroad
Net relief of Rs6.8 billion under the head of duty & taxes
Financial package Pakistan do not need IMF U.S Journal
DATE JANUARY 23, 2019
DAWN NEWS
PM seeks economic assistance package from Doha
Money laundering to be made non-bailable offence
Agreement signed for $3bn deposit from Abu Dhabi
Advance taxes give artificial boost to revenue collection: SAI
SC bans conversion of residential plots into commercial ones in Karachi
Sepa holds another ‘questionable’ public hearing
UAE fund pledges $3 bn deposit to State Bank of Pakistan
Govt unveils mini-budget today
CPEC beneficial for Pakistan, China: Chinese envoy
Tax collection grows 250pc in July-December
UAE fund pledges $3 billion deposit to State Bank of Pakistan
DPP, KCCI form joint committee
SRB aims to achieve Rs120bln tax target
Pakistan turns to Gulf countries to keep economy afloat: WSJ
The importance of the 18th Amendment
APTMA urges government to help revive growth of textile industry
SAI suggests no advance income taxes on filers
FPCCI, LCCI discuss economic situation
FCCI chief calls for withdrawal of RD on polyester, cotton yarn
Need for ensuring import and export of quality items stressed
WeBoc system of custom collapsed clearance frozen
Agreed to form joint committee of DPP & Karachi chamber
Report sought on 15 top investors in property
To Abolish GIDC on fertilizer sector under consideration
Step be taken on advance income tax issue. Site Association
Should be informed where revenue of Rs100 billion is being used. Siraj Kasim Teli
Supreme Court, restriction on use of residential plots for commercial use
DATE JANUARY 22, 2019
DAWN NEWS
Negative net revenue impact in mini-budget, says finance ministry
Raising revenues essential to stabilise economy: IMF
Pilot project to detect power theft through mobile phones launched
Rs3.5 billion workers' welfare fund released
Government decides to develop 130,000 acres for Gwadar Port City
Govt may abolish duty on 150 to 250 items in mini-budget
Fitch says SBP likely to devalue rupee in coming months
IMF lowers growth forecast for Pakistan, region
Pakistan, Turkey FTA to increase trade
Economic reforms: Part-XXXXIII
PM in Qatar to export manpower, correct LNG deal
Mini-budget”: Tax managers mull over incentive package
Fitch sees further depreciation of PKR
Growth likely to stay subdued: IMF
First half FY19: Credit to private sector exceeds record Rs 6 trillion
FTA may enhance Pak-Turkey trade: BMP
Transfer of immovable property
Bangladesh’s second LNG terminal to start in March
Jazz Pakistan to launch project for reducing power theft
Minibudget will be placed tomorrow, reform package & finance supplementary bill finalized
Delay in tax return citizen, deprived of filer facility for last few months
Imposition of GIDC In gas bills is unfair. Ikhtiar Baig
Restoration of economy is the 1st priority. President Arif Alvi
Aim of Minibudget is to enhance Govts revenue. Report
GIDC is unnecessary in gas bills. Mirza Ikhtiar Baig
Department of Plant Protection announced formation of special committee for importers & exporters
DATE JANUARY 21, 2019
DAWN NEWS
Holding company to fix bleeding SOEs
Time to set SBP’s objective straight
Higher manufacturing loans show the sector is struggling
Holding company to fix bleeding SOEs
Time to set SBP’s objective straight
Higher manufacturing loans show the sector is struggling
FED on telecom services on the cards?
PIA’s Barcelona–Paris flight takes off from Sialkot
PBIF urges govt to take concrete steps to avoid FATF’s action
Hurdles in doing business in Pakistan
Decision to enhance custom & regulatory duty on expensive cars & luxury items
DATE JANUARY 19, 2019
DAWN NEWS
OUTSOURCING OF POWER DUES RECOVERY UNDER CONSIDERATION
OVER 100,000KG HUMAN HAIR EXPORTED TO CHINA
USED CAR IMPORTS JOLTED AS GOVT REVIVES RESTRICTIONS
COTTON PRODUCTION DECLINES 7.7PC
FBR DETECTS OVER RS14BN SALES TAX EVASION
FILERS TO BE EXEMPTED FROM WHT ON CASH WITHDRAWALS
PTBA SEEKS REMOVAL OF SECTION 182A
FOUR KEY AREAS UNDER CPEC PRIORITISED
BUSINESS MOGULS TO FORM CPEC ADVISORY COUNCIL
ECONOMY HEADING TOWARDS BANKRUPTCY, WARNS PASHA
DAMS FUND TAKES A PLUNGE AFTER CJP’S RETIREMENT
DAVOS ECONOMIC SUMMIT: PM SKIPPING ‘ANNUAL PILGRIMAGE’ OF PRIVATE-PUBLIC PARTNERSHIP
CLOSING YIELD GAPS MAY BOOST ECONOMY, RURAL DEVELOPMENT
MORE MONETARY TIGHTENING SEEN AHEAD AS PIBS YIELDS STEEPEN
EYEING TRADE EXPANSION, A GERMAN BETS PAKISTAN CAN BEAT THE ODDS
OVER 10.4MLN BALES REACH GINNERIES
BAILOUT TALKS CONTINUING, SAYS IMF OFFICIAL
PM FOR FORMING CPEC BUSINESS ADVISORY COUNCIL
BANK LEVY FILERS MAY GET MAJOR TAX RELIEF
KCCI HOPES GOVT WILL INCORPORATE CHAMBER’S SUGGESTION IN MINI-BUDGET
CANADIAN HC FOR TRADE RELATIONS WITH PAKISTAN
SUPPLY OF RLNG TO PUNJAB INDUSTRIAL, CNG SECTORS TO RESUME TODAY
INDIA’S RICHEST MAN TO BATTLE AMAZON, WALMART IN E-COMMERCE
PERSONAL BAGGAGE, TOR, GIFT SCHEMES
GOVT URGED TO MAKE FBR AUTONOMOUS ON SBP?S PATTERN
GOVT URGED TO TAKE STEPS FOR MAKING TEXTILE INDUSTRY COMPETITIVE GLOBALLY
FBR RECEIVES 240,343 LESS TAX RETURNS FOR TY18
LUGGAGE SCANNING CHARGE IMPOSED AT DEHLI AIRPORT FROM 1ST FEBRUARY
F.B.R SOUGHT HELP FROM LAW MINISTRY ON RESTORATION OF TAX ON MOBILE BALANCE
CONDITIONS GONE BAD DUE TO VISIBLE SHORTFALL IN INCOME TAX HAFEEZ PASHA
INDUSTRIAL ESTATES OF ENTIRE SINDH CONVERTED INTO RUIN DUE TO NON DEVELOPMENT WORK
ECONOMIC INDICATORS REMAINS POSITIVE IN FIRST QUARTER MINISTRY OF FINANCE
PUNJAB SUPPLY OF GAS TO CNG STATIONS INDUSTRIES AND DOMESTIC CONSUMERS STOPPED
MINISTRY OF FINANCE SHOULD PLACE AFTER 10 DAYS MACRO ECONOMIC FRAME WORK PRIME MINISTER
CIGARETTE AND MOBILE PHONE AND IMPORTED GOODS LIKELY TO BECOME EXPENSIVE
TO STOP ELECTRIC THEFT SPECIAL METERS AND ABC WIRES WILL BE INSTALLED
INTERNATIONAL EXPORT PAKISTAN SHARE REMAINS AT 0.15%
DATE JANUARY 18, 2019
DAWN NEWS
Effluent-plagued rivers expose people to health hazards
RLNG supply to industry, CNG sector suspended
Google pays tribute to father of Pakistani cricket
Current account deficit shrinks by 4.4pc
SBP reserves fall to almost 5-year low
Advertisement of Pakistan Banks’ Association, Your bank account’s safety is in your own hands!
Budget deficit exposes govt’s austerity drive: Miftah
Govt still to fill in key foreign posts
Finance Ministry projects negligible current account deficit
Civil society, MPAs to help implement human rights laws together
Govt mulls incentives to reward income tax filers
Current account deficit sharply widens 37.3 percent to $1.660 billion in December
SNGPL cuts gas supply to industry, CNG sector
Pakistan’s economic confidence falls sharply: ACCA
Policy revision amendments notified
Forex reserves drop to $13.489bln
Government removes names of Bilawal, Murad from ECL: Upcoming ‘mini-budget’ termed ‘reform package’
Government has little appetite for austerity: Fitch Solutions
December current account deficit up 37 percent MoM
FDI, forex buildup: ABC for allowing international insurers to operate
Taxmen get arrest warrants for employee, employer
PTEA for an out-of-court resolution of GIDC issue
Industrial sector: LCCI urges government to restore gas supply
UBG demands incentives for gearing up economic activities
Government urged to help resolve GIDC issues
Government urged to take steps for FTA with Turkey
FBR urged to simplify procedure for filing IT returns and payment
Mechanism for auditing late filers proves hard nut to crack for FBR
Post-18th Amendment fiscal challenges
Loan taken in 5 years is equal to loan taken in 71 years
Ban likely to be lifted in minibudget on purchase of new cars by non-filers
Forex reserves stands at 13 billion 48 crore dollar
Record reduction in foreign investment
Decision to give access to F.B.R to reach at citizens root
Paperwork on U.A.E financial package of 3 billion dollars completed
Electricity be made expensive by 0.64 paisa per unit, distribution companies
DATE JANUARY 17, 2019
DAWN NEWS
PM Khan forms committee to boost trade with Turkey
Discos seek 64-paisa hike in tariff
Foreign direct investment jumps 17pc in December
FPCCI urges govt to resolve GIDC issue
Expert presents 12 points to ‘bring country out of economic crisis’
FDI plunges 19.2pc in July-Dec
Pakistanis’ properties in Dubai: Pakistan couldn’t get actionable info
Third party can join CPEC: Asad
Govt asked to abolish duty withdrawal on cotton import
FBR working on proposals to slap RD on luxury items
Electricity still being produced with furnace oil
Govt implements IMF system for releasing GDP growth figures quarterly
Textile sector exports post dismal growth of 0.68 percent
FBR slaps 10pc fine on clearance of unregistered mobile phones
When betting export incentives, play the percentages right
Govt urged to resolve GIDC issue
PCJCCI plans to attract investment
Karkey case posing ””attachment”” threat to assets abroad: Cabinet meets today
OECD mechanism: Details of 50,000 foreign bank accounts received: FBR
July-December exports witness 2.19 percent increase
ECC urged to review gas diversion decision
Imported vehicles: payment of duty, taxes in forex made mandatory
Is corruption Pakistan’s biggest problem?
Govt indebted to friendly countries for their help: Umar
KATI urges govt not to transfer DC Korangi
LCCI chief calls for private sector’s representation in policy-making
Cellphones’ import declines by 3.31pc in 1H
FPCCI demands govt to resolve GIDC issue
Asad, between rock and a hard place
Discovery of gas field likely from Sindh biggest like sui
Saudi Prince will announce billion dollar of investments during visit to Pakistan. Saudi Envoy
Rs1.62 per unit price of electricity increased exports and agriculture sector got relief
Indian origin Indra Noy can become world bank president. U.S Journal
F.B.R Faced shortfall of revenue target of Rs158 billion during 1st 6 months
F.B.R detected 50,000 of shore bank accounts of Pakistanis
Industries facing threat due to wrong methods in industrial sector. Athar Ahmed
1st half of 6 months foreign direct investment reduced by 77% restricted to 90 crore dollar
Saudia imposed Rs2000 tax on Ummrah pilgrims, tickets also expensive
Govt should resolve outstanding of GIDC. F.P.C.C.I
Economy will be made strong no foreign programme will be needed. Asad Umar
DATE JANUARY 16, 2019
DAWN NEWS
Govt doesn’t seem serious about building dams, complains CJP
ECC allows duty-free cotton imports
2019 to be year of industrial cooperation between China and Pakistan’
Aptma agrees to out-of-court settlement of GIDC issue
Search begins for new chief statistician
Unregistered cellphones allowed to function for 10 more days
Nai Gaj Dam case: ‘You people can’t work,’ CJP tells Asad Umar
Despite Nepra’s instructions.....: K-Electric fails to install ToU meters
Rs15 bn for waste water treatment plant in Faisalabad
Cotton factory reduced to ashes
LTU Karachi collects Rs587bln in first half of 2018/19
ECC ties car imports to duty payment in foreign currency
China to check CPEC security arrangements
Saudi-Pakistani trade mission starts in Jeddah
How bad working conditions breed social unrest
Import of cotton: Withdrawal of duties, sales tax approved by ECC
Ease of doing business: Amendments to policy order also accorded sanction
Settlement of GIDC: APTMA Punjab agrees to negotiate government’s proposal
PBIF hopes PTI government will turn economy around
China shares customs shipment data with Pakistan: FPCCI
Sluggish growth in bank deposits
Import compression and taxation
73% Ahram imported by Saudi Arabia was beyond standard and not bacteria proof
Senate standing committee registration date for imported mobile phone extended
Minibudget not for increasing tax but will be for enhancing exports. Asad Umar
DATE JANUARY 15, 2019
DAWN NEWS
Minister says govt will uphold LNG contract with Qatar
Senators question legal status of black list
Launching new airline easier than reviving PIA’
Will resolve KCIP issues, Asad assures industrialists
Govt borrows Rs113bn in just one week
Bangladesh garment workers reject pay rise, stage protests
Qatar to be approached for revision in LNG prices
Mini budget: Govt may adjust budget deficit target to 5.5pc
SC asks Omar Ayub: Are IPP accords in country’s interest or not?
ICST backs PM’s efforts to revive economy
Withholding tax collection rises 14 percent to Rs1.128 billion
Overseas chamber recommends autonomy for FBR
Biometric authentication of bank accounts to help curb money laundering and terrorist financing’
Alternate power policy within two months
Saudi Arabia to invest $10 billion, says petroleum minister
Oil, gas companies” directors to be hired through ads
Rs 36 billion refund claims: ECC may mull amendments to DLTL scheme today
Doing business: WB prepares preliminary recommendations
Zero-rated sectors: PWMA seeks clarity on special utility tariff
PHMA for including Proprietorship & AOP at par with company
Immovable property transfer: builders seek amendment to Finance Act for lifting ban
Trade relations with Saudi Arabia: President expresses satisfaction
FIA asked to mention law under individuals placed on black list
Medium-term budgetary framework
Shortfall of electricity in the country ends 14500 megawatts available
Govt has to increase budget deficit target by 5.5%
Emirates reduced its flights on various routes for Pakistan
10 Days leave made compulsory for father on the birth of child law imposed
Textile sector demands amendments in income tax ordnance
E.C.C meeting will be held today 5 points agenda will be discussed
Exports will be increased due to Tax exemption on Raw Material & Accessories. T.M.A
DATE JANUARY 14, 2019
DAWN NEWS
Mohmand dam’s launch shelved again amid row
Minister terms all previous budgets fake
Bangladesh garment workers clash with police over wages
Govt puts major CPEC power project on hold
Commission on water, sanitation asked to continue working
US-based economy expert brought twice to meet PM
Pakistan unlikely to be placed on FATF blacklist: Miftah
Sindh govt wants water commission to continue
Strikes roll on: BD garment workers clash with police
No textile policy target achieved
Sales Tax Act 1990”: LHC strikes down amendment
Kashmir Solidarity Day: government declares 5th February as public holiday
Bangladesh garment manufacturers raise workers” pay amid further protests
Don’t put all the eggs in SBP’s basket
2 Meetings of U.S Economic Experts held with Prime Minister
Minibudget mobile phone, big vehicles, lather items likely to become costly
Role of Federation in Country’s Economy
Rs9.132 billion collected in dam fund till to date
Srilanka should abolish tariff hurdles. F.P.C.C.I
DATE JANUARY 12, 2019
DAWN NEWS
Medicine prices raised by up to 15pc
COAS tells businessmen to work for financial stability
Indian officials try to create problems for Pakistani team at FATF meeting
SC imposes Re1 per litre charge on mineral water, beverage firms
9th NFC reconstituted to disburse resources
Govt told to review policy on industrial plots’ conversion
Industries can reduce pollutants with in-house treatment techniques’
COAS urges traders to capitalise on secure environment
Workers’ remittances deserve industry status
Ijaz Wasti appointed Chief Economist
OICCI opposes govt’s move to raise GST rate in mini budget
FBR likely to impose excise duty on cell phones
Govt likely to cut gas cess by 50pc to benefit fertiliser makers
Pakistan, Sri Lanka FTA discussed
Duty-free China markets access urged
Traders heap praise on CoAS for peace in Karachi
January 15 deadline: Owners of non-activated mobile devices given option
Indian HC, Janjua discuss visa issues
Site industrial plots, Policy to regularise plots converted into commercial furnished
PM greets UBG’s victory in FPCCI polls
LCCI urges govt not to accept IMF's tough conditions
Inflation to rise with mini budgets announcement, opine experts
Awareness session on LTLD, DDT held at FCCI
Over 220 exhibitors take part in Frankfurt Fair
Remittances highly critical for our economy
Motor registration smart card could not be issued in Sindh after lapse of one year
Trade deficit increased by Rs21 trillion 65 billion during 1st 6 months of current fiscal year
Supreme Court order to give Rs1/- per litre for use of under ground water
Economic self sufficiency is the only solution
Decision to introduce parcel export service for exporters
Instruction to revisit policy of conversing industrial plots into commercial
Positive Indicators of Country’s Economy
DATE JANUARY 11, 2019
DAWN NEWS
Asad rules out possibility of default on debt
Govt claims inflation rose by only 0.4pc in five months
German court brushes aside suit over Karachi factory fire
SBP says it advised banks to provide PTI bank accounts information to ECP
Heads of gas utilities appointed
Govt claims success against trade deficit as December data shows steep fall
Sri Lankan exporters hit by RD, says envoy
Remittances jump 10pc in six months
Sizing sector demands roll back of duty on starch
PA resolution warns Centre of protest against persistent gas shortage in Sindh
Setting up of six garbage stations, master plan for water distribution in city recommended
Talks with IMF underway, no danger of default: Asad Umar
Govt decides to revise downward all macroeconomic targets
Act against proscribed outfits or face the music: FATF
Dams fund collection exceeds Rs9 billion
Furnace oil based power plants made operational
Government appoints new MDs of SNGPL and SSGC
Industrial effluents, sewage dumped into sea without treatment, Sindh tells Senate body
MPAs term gas load-shedding in Sindh violation of constitution
Sindh’s revenue collection performance surpassed other provinces, FBR’
Trade deficit shrinks 5.9pc in first half
Moody’s doubts Pakistan’s debt repayment outlook
SL exporters concerned over regulatory duties
A lopsided FTA to widen trade deficit with Thailand: TDAP
Writ-less govt, witless policies, rudderless economy
PM to meet chief ministers for better progress on EoDB
No quota restrictions for trade visa’
Forex reserves fall to $13.597 billion
Clearance of exporters” refunds: FBR moves proposal on bonds worth Rs 80 billion
Low reserves threaten ability to tackle debt, deficits: Moody””””s
Excessive budgetary borrowings
Chinese envoy suggests steps to attract huge investment in Pakistan
PTA for removal of irritants affecting leather export
PRGMEA hopes PM will bail country out of economic crisis
Imported cotton: remove duties
Gas crisis, SNGPL, SSGCL MDs asked to tender resignations or face proceedings
RD affects Sri Lankan exports to Pakistan: CG
Imran Farookhi appointed acting MD SSGC
Govt eyes investment pacts with S Arabia, UAE
Amnesty scheme, non-filers, FBR’s notice to beneficiaries slow down business activities
SWC suggests KWSB to prepare master plan of water & sanitation
Decision to revisit economic targets from downward to upward in minibudget
Ministry of Religious Affairs failed in finalizing Haj policy 2019
Forex reserves reduced by 24 crore 10 lac dollar, Moody’s expressed concern
Supply of energy without interruption to industrial production is unavoidable. Danish Khan
IPPS agreement & role of our govts
DATE JANUARY 10, 2019
DAWN NEWS
HEADS OF TWO UTILITIES SACKED OVER GAS CRISIS
FATF SATISFIED WITH BID TO CURB MONEY LAUNDERING, SAY OFFICIALS
INCONSISTENT POLICIES KEEP CHINESE INVESTORS AT BAY: ENVOY
PAKISTAN, SAUDI ARABIA MAY INK $10BN MOUS THIS MONTH
PAKISTANI PASSPORT REMAINS FIFTH-WORST GLOBALLY: HENLY INDEX
SC SEEKS PROPOSAL FOR INVESTING DAMS FUND IN T-BILLS
PAKISTAN SEEKS GREATER TRADE COOPERATION WITH CANADA
GOVT TO TAKE PRIVATE SECTOR IN CONFIDENCE, SAYS DAWOOD
RLNG PIPELINE IN RAHIM YAR KHAN TARGETED IN BOMB ATTACK
MOHMAND DAM: POSTPONEMENT OF INAUGURATION TWICE IN A MONTH IRKS GUESTS
PM PUTS WEIGHT BEHIND EASING DOING BUSINESS TO BOOST INVESTMENT
BLAST FORCES SNGPL TO SUSPEND SUPPLY TO SOME SECTORS
WORLD BANK TO EXTEND $100 MILLION FOR SOLAR POWER PROJECTS IN SINDH
ROLLBACK OF NFC AWARD AND 18TH AMENDMENT TO HURT PROVINCES
INDUSTRIAL, FERTILIZER AND POWER SECTORS
EODB OFFICES TO BE SET UP AT FEDERAL, PROVINCIAL LEVELS
HEADS OF SUI SOUTHERN, SUI NORTHERN FIRED
POWER TARIFFS: WHO WILL FOOT THE BILL?
KATI URGES GOVT TO RESOLVE BASIC ISSUES OF INDUSTRY
INFORMAL ECONOMY: THE ONLY PATH?
IMPACT OF PKR DEPRECIATION ON EXPORTS
DEPRECIATING PKR WON’T ENCOURAGE DOLLARIZATION: SAI CHIEF
POWER AGREEMENTS NOOSE OF NECK PRIVATE POWER PLANTS
NO ISSUE OF GAS PRESSURE IN SINDH INCLUDING KARACHI SPOKE PERSON SUI SOUTHERN.
JAPANESE PASSPORT MOST POWERFUL U.S.A STANDS AT 6TH POSITION AND PAKISTAN AT 102
DATE JANUARY 09, 2019DAWN NEWS
Asad vexed by bureaucrats’ lack of preparation
Govt to announce power policy this month
Bank deposits record slowest growth in decade
Deadline for registration of mobile phones extended
Hard to manage if remittances fall below $20 bn: SBP governor
Fiscal deficit management — the ‘big five’ theory
Rs54 bn written off loans case: SC gives two-month time for paying back money
Bill Gates hints at investing in Pakistan
Challenges in Pak-US trade highlighted
Economic reforms: Part – XXXXII
FBR probes undeclared offshore assets of resident Pakistanis
Evasion: Black economy breathes through tax loopholes
Government notifies ban on import of fuel oil
ECC takes stock of cotton situation, mulls over PSM
Industrial policy on Malaysian model nearing completion
PM orders companies to end gas shortfall within a week
PHMA urges government to simplify export facilitation scheme
Appointment of adviser to FPCCI President slated
Textile refunds — another circular debt?
Gas supply to CNG outlets suspended till Thursday
LTUs of Karachi directed to offset revenue shortfall
Ogra seeks gas conservation plan from SSGC, SNGP
Five major export sectors get gas supply at $6.5 per MMBTU
Abu Dhabi crown prince’s visit
Issuance of next 5 year Trade Policy 2018-23 further delayed
Exit Control List be separated from politics
Gas shortage theft of electricity be stopped within 2 days. Prime Minister
E.C.C. issue of exemption on custom duty and sales tax on Imported Cotton sent to Revenue Division
F.B.R’s authority abolished on obtaining record of suspicious transaction
DATE JANUARY 08, 2019
DAWN NEWS
Rescheduling of Mohmand dam opening irks CJP
Govt borrows Rs2.24tr in five months
External pressures to worsen despite oil price declines: Fitch
Strategy in the works to achieve cotton output target
Sri Lanka for removal of trade barriers
Govt to slap more taxes on imported vehicles, iPhones, cigarettes
FBR launches mega operation against high net worth individuals
Policy-making: Many months late and billions of dollars short
Sindh’s right over gas demanded
Certain trade issues still unresolved’
Five-year plan eyes 5.8 percent growth
Proposals on STPF 2019-24 sought
Debt stocks hit record Rs 26.4 trillion mark
Economic crisis: China has been breath of fresh air: Imran
Gas supply to Sindh units: Constitutional right under Article 158 should be protected: APTMA
Mills, ginners adopt wait-and-see attitude
Emirates introduces special fares for Pakistani travelers
Exporters pending refunds: Government may announce viable clearance mechanism in mini-budget
Senate body recommends amendment to Foreign Exchange Regulation Act
E.C.C. will announce today to abolish custom duty sales tax on import of raw cotton
Proposal to establish Pak-Iran trade corridor
Draft of 12th five year plan ready economic growth rate fixed at 5.8%
Revenue targets will not archived in this year. World Rating Agency
Big investment expected from U.A.E in next days. Asad Umar
Pak – Japan trade ties to be improved. Razzak Dawood
Important posts lying vacant in F.B.R revenue collection effected
Withholding agents approached F.B.R for clarification tax deduction
U.A.E bright prospects of investment
DATE JANUARY 07, 2019
DAWN NEWS
UAE, Pakistan formalise $6.2bn bailout package
Govt tells refineries to upgrade capacity
Gas crisis: it’s the wastage, stupid
Task force to boost Pak-UAE trade
Govt opposes 1pc additional Customs duty to raise revenue
$3 billion BoP support: ””Thank you,”” PM tells Abu Dhabi crown prince
Umar held responsible for hike in power tariff, circular debt
Money laundering-III: banking system and tax evasion
Balance of payment issue resolved on getting package from friendly countries
Haj expenses likely to increase up to Rs4 lac 20 thousand
Visit of U.A.E . Crown Prince big investment of 3 billion dollar including oil refinery
DATE JANUARY 05, 2019
DAWN NEWS
Pakistan delegation departs for FATF meeting with action plan
Pakistan, UAE finalise $6.2bn support package
Importers seek LTFF scheme to increase industrialization
PTI will struggle to reverse waning momentum, says Fitch Solutions
Pakistan submits terror financing report to FATF
UAE, ITFC deals: Govt likely to get $4.7 bn in oil, LNG credit facilities
IMF denies it called Asad Umar ‘arrogant’
Nepra takes notice of unscheduled load shedding
Govt likely to get $4.7blnin oil, LNG credit facilities
Sales tax, FED collection from imports declines to Rs338.4bln in first half
Pakistan needs IMF despite Arab rescue’
State Bank’s decision welcomed
Computer parts exempted: No import of 94 types of used machinery from January 24: FBR
Sheikh Mohammed may announce $3.2 billion oil credit facility
KCCI told: Saudi private investment requires government support: Ghamdi
LCCI hails restoration of advance payment facility
IMF never said arrogant to Asad Umar. Resident Chief
U.A.E. will give oil on credit worth 3 billion 20 crore dollar to Pakistan
F.B.R’s interesting action, draw Rs2/- from frozen accounts
Installation of digital meters several months bill sent in lump sum, customers in distress
Syed Imdad Ali Shah appointed M.D. of SITE Ltd
DAILY EXPRESS
Pakistan FATF meeting will begin today
Gas crisis, petroleum division shifted responsibility on companies
CNG Station closed, lac of citizens, industries due to prolong load shedding
Load shedding: Is there any solution?
DATE JANUARY 04 , 2019
DAWN NEWS
PM asks Turkish traders to invest in Pakistan
Exchange firms protest against ‘harassment’
Pak-Turkey trade be taken to high level: Imran
FCCI president for workable policy for sustained economic growth in wake of CPEC
FIA slammed for raiding SECP HQ
Pakistan sends Terror Financing Risk Assessment Report to FATF today
Govt has failed to address economic issues: PML-N
FBR estimates Rs24 billion in revenue from POL products
LPG price jacked up Rs23/11.8kg cylinder
Forex firms inject $13 billion in nine years
Pakistan plays vital role in boosting regional trade: SAARC CCI
KCCI invited to participate in global conference
Business-friendly atmosphere urged
Rs 309 billion dam bid likely to face NAB scrutiny
Any increase or decrease in PL rates must be approved by parliament: research
PM makesa pitch for Turkish investors
Afghanistan omitted from visa on arrival list
TDAP DG meets trade bodies delegations
Uninterrupted power supply to exporting industry: APTMA urges minister to intervene
July-November period: Knitwear export surges to $1.214 billion
LCCI decries misuse of powers by FBR officials
Shortage of technical staff: Work of PSQCA lab comes to a halt
Industry hit by civic problems
Customs House lab to become operational on January 25
Giving attention towards governance Pak – Turkey trade to be enhanced. Imran Khan
Economic Challenges, Realities & Expectations
Governance system is being improved Turkish investors put share in CEPEC. Imran Khan
FATF review group meeting will be held from 8th January at Sydney
Helping to increase Pakistan’s forex reserves. China
DATE JANUARY 03 , 2019
DAWN NEWS
China acknowledges it’s extending financial help to Pakistan
Inflation eases to 6.2pc in December
Indian father and son battle for billion-dollar empire
Descon awarded contract as per rules, regulation: Wapda
FBR finds 34 global contracting firms committing tax evasion
New Haj policy: Govt likely to increase Haj expenditures by Rs40,000
PM terms Karachi country’s financial hub
PL on petrol raised by 42 percent
Gas supply to SSGC depletes by 80mmcfd
Loans, consumer facilities: SBP directs banks not to discriminate among customers
APTMA lauds PM for providing energy at competitive price
During 6 Month Gas 42.66, Gold 5.75 & LPG 6.69% gone expensive. Federal Bureau of Statistics
Dialogue with China on 2 billion dollar loan is going on Ministry of Finance
In 1st quarter of current fiscal year Gas 42.66%, Petrol 26.41% become costly
3rd Tranche of Saudi loan will be received this month. Ministry of Finance
Texpo – 2019 meeting with D.G.T.D.A.P
Pakistani companies will participate in fair at Latin America
DATE JANUARY 02 , 2019
DAWN NEWS
CIRCULAR DEBT RISES TO RS755BN, PAC TOLD
ADVANCE PAYMENTS UP TO $10,000 ALLOWED
SUZUKI ANNOUNCES FRESH HIKE IN PRICES
NO INCREASE IN DUBAI PUBLIC SPENDING
PROFIT RATES ON SAVING SCHEMES RAISED BY UP TO 2.74PC
DRIVE IN SINDH AGAINST TAX DEFAULTING VEHICLES FROM 9TH
CHINA TO LEND PAKISTAN $2 BILLION
MINISTERIAL ROLE SOUGHT IN SECRETARIES’ APPOINTMENTS
WITHOUT PLEA BARGAIN, NOBODY COULD RECOVER LOOTED MONEY: NAB CHIEF
FAISALABAD TRADE BODIES WARN OF STRIKE IF
December 5 BR report: Government began negotiating 15 billion yuan loan during PM”s China visit
SRB leads in revenue growth among provinces
July-November Import of textile machinery down to $197.815 million
Ex-KCCI chief expresses reservations over forthcoming mini budget
Policymaking: Malik wants government to take FPCCI into Confidence
Dubai Expo 2020: Commerce Division seeks $5 million supplementary grant
Raw material import: ADs can make up to $10,000 advance payments: SBP
Can trade diplomacy really deliver?
July-December: Rs 170 billion shortfall in collection
Profit on National Savings Scheme increased from 1.50% to 2.74%
China will give loan of 2 billion dollar 8% interest. Financial Times
Saudia is going to biggest investment of history. Asad Umar
Summary ready to issue bonds of Rs150 billion to exporters
Consultation meeting with reached to TEXPO 2019
Electric tariff for zero-rated export industries reduced by Rs3.50
INTERNATIONAL BANK COURT IMPOSED 4 BILLION DOLLAR FINE ON PAKISTAN
DATE JANUARY 01 , 2019
DAWN NEWS
Petroleum prices slashed by up to 5pc
Revenue collection posts meagre 2pc growth
660MW CPHGC power plant connected to national grid
Rupee lost one-fourth of its value in outgoing year
Thousands losing jobs as businesses going down
Petrol price reduced by Rs4.86, diesel by Rs4.26 per litre
FBR facing massive revenue shortfall
Govt to launch Rs100 bn security bond to clear tax refunds’ backlog
2019 likely to witness low GDP growth, hike in inflation
The economy in 2019, writer Hammad Azhar
The economy in 2019, writer Dr Abid Qaiyum Suleri
Refunds settlement to create Rs70bln in tax revenue’
Performing agriculture, industrial sectors face challenges ahead
Extension in audit deadline sought
Limping into 2019 with a lame economy and aflame politics
Govt fails to notify separation of FBR tasks
Envoys conference: trade mission reforms
Textile sector, Govt urged to pay pending refunds ‘at once’
Foreign investment, PBIF urges commercial attachés to prepare strategy
Gas supply issues to industry need urgent resolution: KATI
Gas diversion from urea plants, ECC to discuss ministry’s suggestion today
Adding transparency to CPEC deals
Year 2018 was difficult due to hurdles it was disappointing for Businessmen
Reservation on formula of refunds to exporters
Business reduced thousands gone out of job
Govt is busy in enhancing tax rate instead of resolving, structural issues
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