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DATE JULY 28 2018

DAWN NEWS

Rupee devaluation

Rupee strengthens further against dollar

 ‘Islamic banking, finance outlook bright in Asia

Rabbani fears new govt may cut financial autonomy of provinces

Cargo boat catches fire at port

 THE NEWS

 Pakistan needs $8-10 bn to avoid IMF loan

 Checks on dollar smuggling push rupee up 1.1 percent in open trade

 Imran faces tough test in looming economic crisis

   BUSINESS RECORDER

 Moody’s terms IMF bailout as policy option for new government

 SAARC chamber welcomes Imran’s stance on neighbours

 Rabbani fears new govt may change 18th amendment

 Moody’s identifies IMF bailout as possible option

 REAP hopes Khan will address economic issues

Karachi traders extend full support to PTI govt

 Imran urged to meet economic challenges on top Priority

 FPCCI VP terms Imran’s speech ‘balanced’

 FBR to probe over 10m remittances: official

 The evil of smuggling

 Is it Commerce Minister’s domain?

 Asad Umar tipped as finance minister

 DAILY EXPRESS

 New trend in appreciation of rupee in comparison to dollar

S.S.G.C.L. issued 3 days schedule of gas load shedding

Business community’s expectation from newly elected govt cooperation extended

Growth of tax net decision to establish 2 new units in F.B.R

Export of cotton products import agreement of cotton started.

Restriction on advance payment ready exports consignments delayed

Last date of amnesty scheme F.B.R offices will remain open today

  DAILY JANG

 During new govt period no relief likely in load shedding

 P.T.I govt there is no option except to  knock door of IMF

 Imran have to make serious efforts under the severe economic crisis

 Import agreement cotton from abroad by textile mills owner begins

 Enhancement of electric tariff approved not applicable on Karachi.

 


DATE JULY 27
 2018

DAWN NEWS

Punjab, Sindh gas prices

Profits outflow rises to $2.bn

1,320MW power plant connected to national grid

Business community pins high hopes on next govt for economic revival

Rupee gains against dollar in open market

Water storage in major reservoirs improves

 THE NEWS

Imran is fifth Pak ruler who studied at Oxford

 Water inflow in major rivers further jumps to 510,300 cusecs

 Making sense of the water crisis

 Economic crisis

 New government faces uphill economic tasks in days ahead

 Forex reserves climb to $15.728bln

 Prudent economic management must to get out of trouble

 Businessmen pin hopes on PTI

  BUSINESS RECORDER

Imran says will turn country into welfare state

 Off-take on firm take-and-pay basis: SNGPL refuses to import RLNG until government makes commitment

 LCCI voices concern over huge circular debt

 Economy: the daunting task ahead

 IMF again, what for?

  ‘Risk of a trade war’

 Manufacturing sector: PBC apprises Shamshad about complexities of tax regime

 Immovable properties: FBR appears feckless to enforce new   thholding tax rates

 PTI’s Council of Business Leaders

 Lamenting SMEs

 FBR’s offices to remain open on 28th

 Teli hopes Imran will prioritise economic issues

 Business Forum for continuity of CPEC policies

 An interview with Dr Vaqar Ahmed, Joint Executive Director, SDPI ‘Trade diplomacy only hope to raise exports’

DAILY EXPRESS

 Bin Qasim power station is the 1st power plant to obtain green certificate of the country

Lahore chamber declared circular debt is the biggest economic danger

Support from calm election recovery of Pak rupee

Progress in automation custom clearance system with central Asian countries

Forex reserves reduced by 5.3 crore dollar

B.M.G and Karachi chamber facilitates Imran Khan

Providing job is the responsibility of private sector and not the govt. Zafar Mehmood

  DAILY JANG

Who will cut the wings of dollar?

 


DATE JULY 26
 2018

DAWN NEWS

 The agenda

Economic issues

FBR collectors blamed for misuse of green channel

 THE NEWS

  BUSINESS RECORDER

Budget-II for 2018-19

Economy in dire straits

Purchase of properties by expats: ministries, FBR seek to reverse major budgetary measure

Textile exports FY18: modest growth

Businessmen foresee coalition govt

DAILY EXPRESS

 Federal Govt decided to establish expo Centre at Queeta

 Exports are effecting due to shortage of skilled labour. P.F.C

  DAILY JANG

 Increase investment in the country

 



DATE JULY 24 2018

DAWN NEWS

 CAA gives Shaheen Air special permission to fly back stranded passengers from China

 Labour & manifestos

 E-commerce

 Dollar sells at higher rates in open market

 EPA allows time to Balochistan industry

 Non-textile exports surge 22pc

 THE NEWS

 Economic reforms: Part-XXIX

 Islamabad cheapest, Quetta most  expensive city in Pakistan: SBP

 Let’s take doomsayers with a pinch of salt

 Energy security lies submerged in election manifestos

 Finance minister stresses quality improvement to curtail imports

 Bank holiday tomorrow

 BUSINESS RECORDER

Economic challenges: elected government to have hard task ahead

 Declining economy Proposed mini budget will cause drastic impact: PBIF

 Knitwear export grows by 15.71 percent

 President confers FPCCI Achievement Awards

 Is it Commerce Minister’s domain?

 The financial meltdown

 Preparing for another IMF ride

 The currency crisis

 How to stop wastage of precious domestic gas

 Business premises: Commissioners” power to depute officers withdrawn

 Not much has changed

 SWC seeks details of water, sewerage schemes across Sindh

 EPA de-seals factories on request of Lasbela CCI

 Declining economy Proposed mini budget will cause drastic impact: PBIF

 PBC delegation meets Shamshad

  ‘About 52 business community organisations join PTI’

 LCCI urges political parties to ensure peaceful elections

 FCCI endorses CJP’s efforts to construct new Dams

 FBR urged to release pending claims

 FBR validates DGI&IIR actions against tax evaders, dodgers

  DAILY EXPRESS

 Business community appeal to hold election in calm atmosphere

 Dollar touched in in open market to Rs. 131/-

 Garment manufacturers sought time from prime minister

 Business community demands from Imran Khan plan for Karachi.

 DAILY JANG

 Break through in solar technology solar electricity will become 95% cheaper 

DATE JULY 23 2018

DAWN NEWS

Economy in crisis

CJP inaugurates 77mgd sewage treatment plant in Karachi

 THE NEWS

Behind the amnesty

 Another bailout!

 Textile trouble

 BUSINESS RECORDER

 Arrest of rupee slide not in sight

Textile sector: Prime Minister requested to allocate Rs 10 billion for duty drawback

A new high in C/A deficit

Caretakers’ contribution: good or bad!

  DAILY EXPRESS

Muripur water treatment plant activated chief Justice inaugurated

Tax amnesty scheme secure nothing will be asked who availed the scheme finance minister

Stressed to the extra ordinary measures to over come trade deficit

Proposals sought to revisit SMES policy for industrial growth

Expired licence law in action against 10 Trade Associations

Prime minister agreed on uniform energy tariff commece minister

Inflation will increase if depriciation of rupee not stoped

32% record increase year to year in import of petroleum products

 DAILY JANG

 Eidul  Azhah will be on 22nd August experts 

DATE JULY 21 2018

DAWN NEWS

Tax amnesty scheme begins to lose appeal

Nadra to issue all under-process CNICs before polls

Govt asked to withdraw cotton import duties

$2bn to be sought from AIIB, Swiss banks for building dams

LSM grows 2.76pc

Cotton prices rise

 THE NEWS

Mini budget under consideration

OECD to help Pakistan implement world tax standard

Difficult choices

Nadra to deliver all under-process CNICs before July 25

Currency crisis tops agenda for whoever wins Pakistan election

Textile exports increase 9pc to $13.53bln in FY2018

Wapda seeks foreign financing: Dams fund receives Rs260mln so far

Dubai recipe for economic success looks stale

Tax abolition on cotton import urged

PIAF demands currency crash probe

 BUSINESS RECORDER

 Currency crisis tops agenda for whoever wins election

Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

SBP places curbs on imports under open accounts

Refinance scheme: SBP spells out process for availing working capital financing

Import of cotton: KCA voices concern over imposition of duty, Sale Tax

Shamshad for improving quality of local products to decrease imports

Stagnation in FDI

Misguiding people on debt?

Textile group exports contract

FATF review: Immediate outcomes for Pakistan”s action plan defined

PIAF demands probe into massive depreciation of PKR

First ‘Weaving City’ to be set up at M-3 Industrial Estate

  DAILY EXPRESS

Rupees depreciation continues dollar reached to Rs 130.50 at its peak

Recovery in food and textile exports energy chemical and transport under pressure

Pakistan business council delegation called on finance minister Shamshad Akhtar

Islamabad and Jeddah chamber determine to enhance Pak- Saudi Trade

 DAILY JANG

 To bring mini budget under consideration trade deficit within one year exceed by 26 billion and stands at 31 billion dollar 1% custom duty or regulatory duty 1550 items

 


DATE JULY 20 2018

DAWN NEWS

 Imran says businessmen to have say in policy-making

Swiss bank accounts

Tax amnesty forms

Current account deficit rises to $18bn, reserves hit four-year low

Cotton deals at Rs9,500 per maund

 “AD” On T.D.A.P Trade Delegation to EGYPT September 14-15, 2018 Last Date to Apply: August 03,2018

“AD” On T.D.A.P International Product Exhibition & Conference October 08-10, 2018 at Doha, Qatar Last Date to apply: August 03, 2018

 THE NEWS

 Instability leads to $11.8m decrease in FDI

Voting is compulsory in some countries

The rupee had a great fall

Political, economic instability interrupted growth in Pakistan: ADB

Deficit rises to $18 billion: Current account deficit widens to 5.7 percent of GDP in FY2018

Forex reserves decline to $15.682 billion

Caretaker setup shows lack of control over currency regime

Finance minister for mainstreaming urbanization

PHMA seeks advance payments facility

TDAP initiates meetings with exporters

 BUSINESS RECORDER

  Federal tax revenue: Karachi largest contributor, Always

 Current account deficit hits all-time high

 PHMA urges SBP to continue advance payment facility

Reserves decrease by $416 million

 Another increase in power tariff sought

 100-day tax reforms agenda

 Misguiding people on debt

 Chemical’s contradictory trends

 KATI chief hopes new leadership will accord priority to economy

 Customs duty collection registers 36pc increase p.a

  DAILY EXPRESS

 International resolution needed to over come water crisis

 Current account deficit reachedat its peak to 18 billion dollar

 Forex reserves further reduced to 41.59 crore dollar new remains 9.06 billion dollar left

 Large scale manufacturing increased by 6% during July-to May

 Inter Bank dollar after fluctuation stands at Rs 128.48

 Demand to allow imported raw material on advance payment

T.D.A.P export promoton committee meeting held

Current account deficit reachedat its peak to 18 billion dollar

 Forex reserves further reduced to 41.59 crore dollar new remains 9.06 billion dollar left

Large scale manufacturing increased by 6% during July-to May

Inter Bank dollar after fluctuation stands at Rs 128.48

Demand to allow imported raw material on advance payment

T.D.A.P export promoton committee meeting held if

 DAILY JANG

 In worlds luxury airline including bed and other facilities are available

 Govt is considering various options to come out from financial crisis

 Uncertainty conditions foreign investment reduced by 11.8 million dollar

 In Asia Pakistan’s currency performed worst

 Can not keep aloof from America economic policies will be framed in consultation with businessmen Imran Khan

 Chances of cancer minimized if dinner is taken earlier research

 Import sector’s performance very much effected Abdul Miftah

 Inflation will be double due to hike in interest rate Mazhar Nasir

 


DATE JULY 19
 2018

DAWN NEWS

 Power companies seek 70-paisa per unit increase

 Extension in sales tax e-filing date sought

 F,B.R “AD” On Avail The Final Opportunity Tax Amnesty 2018 Declare Now and Pay 2% to 5% 

 THE NEWS

 FBR gets data on Pakistanis’ Dubai properties

 Jang Economic Session: Rupee devaluation to bring new wave of inflation, say experts

 Avoiding the IMF

 The fall of the rupee

 LSM growth clocks in at 2.76 percent in May

 Cotton picking begins; farmers expect low yield

 FPCCI criticises monetary policy

 SME policy to see first major overhaul

 Extension in returns filing date urged

 BUSINESS RECORDER

  Wanted: FDI miracles

 Petition against SBP governor’s appointment dismissed

 NKATI’s plea to Sindh governor, CM

 Jameel Yusuf for implementing environmental laws

 SBP advised to avoid ‘contractionary’ monetary policy

  Amnesty declarants assured: information shall remain confidential

 71 paisas/unit increase in Discos” tariffs sought for June

 Proposal on dams endorsed by Cabinet

 Towel export grows by 2 percent

 FCCI voices concern over depreciation of PKR

 SMEDA to initiate process for revising SME Policy 2007

Spadework for IMF bailout

 FATF and the new electronic ‘Hundi’

 Growing debt burden

 DAILY EXPRESS

 Assets declared under amnesty scheme will be kept secretly

 Electric tariff likely to be enhanced by 0.70 paisa per unit

 Rupee depreciation former league govt is responsible Salim Mandv Wala

 Uncertainty in forex market on 3rd day continues

 Country’s biggest chamber will donate Rs 2 crore for dams

 Notification of new valuation of property and valuation of F.B.R not issued

Weak currency business plan and future expectation effected

 DAILY JANG

Tough conditions for obtaining loan from international financial institutions

 

 

DATE JULY 18 2018

DAWN NEWS

Tumbling economy

After London, now Dubai properties also in tax spotlight

FDI flat, but Chinese share grows

Aptma demands zero-rating facility for machinery imports

Commodities: Cotton hits season’s peak of Rs9,000 on tight supplies

T.D.A.P “AD” Opportunity For  Pakistani Companies to Participate In Expo Live, Dubai, U.A.E  

 THE NEWS

FBR rules out further extension in amnesty scheme

Amnesty gets tepid response after deadline extension on post-poll risks

Pakistan attracts meagre $2.767bln FDI in 2017/18

Germany to underpin renewable energy efforts in Pakistan

 BUSINESS RECORDER

Pasha explains difference between market rates

PKR slide adds to debt woes

Sales tax exemption: textile sector slams FBR for non-issuance of notification

ST on import of machinery: APTMA urges government to  notify SRO for zero rating facility

The rupee slide

Review of monetary policy and need for a new budget

Fiscal year 2018 sees uptick in FDI inflows

Dealing with new IMF programme

Exports and inequality

Leave imported cotton alone

FBR member rules out extension in tax amnesty

Price hike, PKR fall reel efforts to revive economy: FCCI

LCCI ex-chief terms rupee devaluation ‘economic risk’

RCCI voices concern over sharp fall in PKR value

T.D.A.P “Ad” On Domotex Hannover- Germany 11-14,2019 Last Date to apply: August 03, 2018

 DAILY EXPRESS

 Tax collected Rs. 33.37 on petrol Rs. 46 on diesel per liter

Application of 23 senators with regard to governor State Bank rejected appointment okayed

Caretaker govt not empowered to enhance tax or RD Arif Jewa

Dollar reached at peak in country’s history

Fiscal year 2018-2019 foreign direct investment reached to 772 crore dollar

Rupees depreciation central banks measures gone waste Ghazanfar Bilour

Forex markets under rumour acute up and down

Devaluations broken bones of SMES

 DAILY JANG

 Severe pressure on dollar dollar’s supply and demand to be controlled

Exchange companies gain profit of Rs 15 Billion due to dollar hike

Bad condition of economy

 


DATE JULY 17
 2018

DAWN NEWS

BHC set to get country’s first woman chief justice

Anxiety rises as rupee falls

FBR receives details of property held by Pakistanis in UK

Cost of production will increase, industry laments

F.B.R “AD” On Avail The Final Opportunity Tax Amnesty 2018 Declare Now And Pay to 5% Last Date 31st July 2018 

 THE NEWS

 FBR gets details of immovable properties of Pakistanis in UK

 Rupee plunges, stocks slide

 ICCI strongly resents 100 basis points hike in interest rate

 Economic reforms: Part – XXVIII

 Tumbling down

 Declining economy

 Most educated candidates for Karachi’s NA seats belong to MQM-Pakistan

 IMF warns of rising risks to global growth amid trade tensions

 SBP imposes cash margins on imports

 Weak rupee likely to dwarf importreliant exports

 Gold jumps Rs850/tola on rupee depreciation

 Summit Bank says deposits safe, secure

 LCCI urges to control devaluation

 Minister orders opening of five new vehicle registration centres in city

 BUSINESS RECORDER

 THE RUPEE: PKR drops to 128 per US $

 SBP imposes 100 percent cash margin restriction on 131 items

 Amnesty Scheme: FBR gets information about properties in UK

 Capta chief terms devaluation of PKR ‘extremely disastrous’

 PLGMEA slams withdrawal of advance payment facility by SBP

 Policy rate hike

 Setting the policy rate

 IMF is the only option

 FIA investigation has no bearing on Summit Bank”s operations

 Readying for the new IMF programme

 PBIF chief for measures to maintain rupee value

 FBR member briefs salient features of tax amnesty

 Basit assumes charge as KCCI acting president

LCCI for immediate action to stop dollar’s surge

 DAILY EXPRESS

 Dollar flying high stand at Rs 128.75 600% increased in foreign debts

 High court will give verdict to day on appointment of governor State Bank Tariq Bajwa

 Devaluation exercise before going to IMF remains

 Dollar expensive gold price increased by Rs 850/-

 Karachi chamber president gone abroad. Abdul Basit will be acting president

 Feasibility of CEPEC industrial zones dead line is August   

 DAILY JANG

 Rupee more depreciated stock severe dull Dollar bank rate above Rs 128, open market Rs. 130/- debts increased by Rs, 1800

 Cotton prices increased by Rs. 1000/- maund within a week

 Care taker govt is not empowered to devalue rupee

 


DATE JULY 16 2018

DAWN NEWS

 CJP tells govt to generate funds for dams through water pricing

Drap asks nine firms to recall ‘contaminated medicines’ used to treat high blood pressure

CAA suspends Shaheen Air operations

CPEC achievement

Let live

On uncertain ground

Taming trade and the current account deficit

 THE NEWS

Two-month free tourist visa for kids  under 18 in UAE

Need Asian IMF

Just a band-aid

 BUSINESS RECORDER

 Reactionary approach?

 Major step being taken to curb imports

 Islamic banking

 Caretakers’ economic mandate

 Taxpayers must not suffer due to delay in hiring Accountant Member: APTPRA

 Water pricing (I)

 Taming trade and the current account deficit

 DAILY EXPRESS

 Country’s economy and State Bank statistical figures

 Decision to levy 5% sales tax on cotton after imposition of 5 % custom duty

 Stressed to formulate policy on ground realities for economic progress

 Decision in principle to form commission to settle international trade disputes

 Businessmen and industrialists rejects monetary policy

 DAILY JANG

Tax amnesty so far more than 55000 Pakistan’s took benefit

Investment in infrastructure

State Bank and economic realities

 


DATE JULY 14 2018

DAWN NEWS

 Land-based communication link with China opened

 KPT to build $10bn freight corridor

 THE NEWS

 My first aim is construction of dams, second paying country’s debt: CJP

PM inaugurates: Pak-China optic fiber cable

KPT unveils $8 billion freight corridor plan to connect sea ports

Schemes under WWF come to halt as ministry chokes funds

Teams to facilitate amnesty beneficiaries

FPCCI concerned over rise in trade deficit

 BUSINESS RECORDER

CPEC projects: China adopts ”go slow” policy

Efforts on to comply with FATF framework in 15 months: Shamshad tells Senate

FWCCI election schedule announced

SBP’s report for FY18

CPEC – a debt threat?

No request, no discussion for bailout: IMF

FBR imposes 5pc ST on cotton import

Customs value of several chemicals revised

Current import, export trend may hurt economic growth: FPCCI

July-May 2017-18: Import of textile machinery

Humayun Akhtar joins PTI

FBR compiling final data of amnesty scheme’s beneficiaries

Sri Lankan HC vows to enhance trade with Pakistan

FBR issues draft of IT Return Forms & Wealth Statement

SECP urges companies to chip in for building of dams

 DAILY EXPRESS

 Violation of trade act license of 300 bodies including Pak-Iran joint chamber cancelled

Islamabad chamber expressed concern on trade deficit

DAILY JANG

 My 2 aim of life first construction of dam land 2Nd Payment off debt

 FATF black list 49 steps taken to bail out name of Pakistan

 Tax amnesty also and IMF clamp as well

 


DATE JULY 13
 2018

DAWN NEWS

Visa form mistakes

Reserves fall

Walmart plans to move out of Japan

Commodities: Cotton prices rise on short supply

Opponent group wants to occupy chamber: HCCI president

 THE NEWS

 Monetary policy to be announced tomorrow: SBP expected to shove

 interest rate up by 50 to 100 basis points

 Forex reserves fall to $16.1bln

 Work on Diamer Basha, Mohmand dams likely in 2019

 Board proposes Rs16,200 as minimum wage for unskilled workers

 Govt to release Rs25m to upgrade civic facilities in North Karachi Industrial Area

 Gerry’s Important Announcement Gerry’s Visa Drop Box Islamabad 

 BUSINESS RECORDER

 Funds only for dams, not for budgetary support

Construction of dams: SC-formed body lists reasons behind delays

IMF programme: Not just an option anymore

What is asset declaration?

Bed-wear textile export surges to $2.055 billion

Soaring trade deficit

Textiles: paying for polyester protection

Forex reserves down $301m

 ‘Banks need to operate in compliance with EU’s new rules’

Need stressed for improving export sector

Cheap energy imperative for industrial growth: FCCI

Saarc CCI team leaves for Dhaka

MPS tomorrow Key policy rate may go up

 DAILY EXPRESS

 Rs 2.5 Crore will be given to North Karachi Industrial area

Economic success?

Govt forex reserves reduced within week by 30 crore 90 lac dollar

Failed to avail opportunity of amnesty scheme will repent member F.B.R

Dollar supply increased demand reduced rupee restored

Textile sector skill council will be formed soon Zubair cheema

Access to NADRA data will help to include rich into tax net

Governor State Bank will announce monetary policy tomorrow in press conference

  DAILY JANG 

Prime minister office rejects summary regarding transfer of secretary commerce Mohd Youns Dagha

 State Bank reported 1st money laundering case in 2015

 Decision to release Rs.2.5 crore for North Karachi industrial area

 Agriculture development Bank empowered for Islamic Banking

 350 Crore 14 lac dollar reduced in country’s forex reserves

 Flight of capital

 Gold is eliminating from the world and there is no substitute of it experts warned

 Public Hearing of NEPRA on 08-08-2018 at 11.00 AM at NEPRA Tower Islamabad 

 


DATE JULY 12 2018

DAWN NEWS

 CJP hints at launch of Rs24tr debt retirement campaign

 55,000 people avail amnesty scheme thus far

 Donating for dams

 Power theft & fatwas

 Economy growing, but so are the deficits, warns SBP

 Trade gap hits record $37.7bn

  ‘Fiscal consolidation measures must for reducing deficit

 Commodities: Cotton hits Rs8,600 per maund

THE NEWS

Amnesty beneficiaries declare Rs1.8tr assets, pay Rs97 bn in taxes

Trade deficit widens to $37.7 bn

Debts account for 72pc of GDP: minister

Amend laws to protect dam funds from taxes

SBP less upbeat on growth prospects in 2018/19 as twin deficits bite

Amnesty beneficiaries declare Rs1.8trln assets, pay Rs97bln in taxes

 ‘Pakistan needs IMF-backed reforms’

FM says debt should be curtailed

Erdogan’s Pak-Turkey trade boost vision to become reality: envoy

Finance minister urged to help build garment sector

 BUSINESS RECORDER

 13-year high growth achieved: SBP

 SBP lists reasons behind inflation

 Trade deficit hits all-time high of $37.67 billion

 SBP identifies factors posing risks to growth

 Amnesty declarants have paid Rs 97 billion

 Over 4,000 have bank accounts, assets in UAE, SC told

 NAB chief says no steps taken to hurt economy

 Foreign trade data: clarification

 APTMA for enabling environment to boost investment in textile

 LCCI, PCBC ink MoU to enhance Pak-Canada trade

 Circular debt and energy sector

 Shamshad for steps to discourage currency smuggling

 DAILY EXPRESS

 Volume Rs 245 trillion repayment of loan is the biggest challenge further loan to be taken finance minister

 Current trade deficit account destroyed economic progress Sate Bank

 Fiscal year 2017-2018 Pakistan faced record trade deficit of Rs 37 billion 67 crore

 E.F.P introduced child labour business plat form   

  DAILY JANG 

Some amount gone abroad through legal means corruption, and tax evaded not empowered to bring back F.I.A reported looted amount worth billion of rupees has to be brought back from  Switzerland

Weak irresponsible planning 72% of loan become part of G.D.P may go to 74% caretaker finance minister

During fiscal year 2017-2018 record trade deficit of Rs 41 trillion 50 billion

Tax amnesty scheme undisclosed assets of Rs 1769 billion rupees declared Rs 97 billion tax deposited

GDP % at peak of 13% difficulties by deficit

Neither committed fraud nor done corruption NAB circulating news against me. Miftah Ismail


DATE JULY 11
 2018

DAWN NEWS

Back to the IMF

Large dams

PSMCL to discontinue Mehran VX from end November

CPEC remains a priority despite transition: Shamshad

SECP directs PSX to remove Lawai as board chairman

 ‘Govt committed to promoting Islamic banking

SBP makes arrangements for Diamer- Bhasha, Mohmand dam funds

Iran-Pakistan gas project to be pursued: Mandviwalla

T.D.A.P “AD” On Single Country Exhibition in Collaboration With USAID PREIA 28th Sep-2nd Oct 2018 at Almaty, Kazakhstan Last Date to Apply: July, 27, 2018 

F.B.R “AD” On Tax Amnesty 2018 Last Date July, 31st 2018

THE NEWS

 Swiss Consulate in Karachi shuts down on Dec 31

 Minister stresses border controls to curb currency smuggling

 Hong Kong’s retail chain plans to enter Pakistan

 SBP upbeat about raising funds for two mega dams

 Without value-addition, Pakistan’s exports unlikely to go north or even close

 Aptma demands withdrawal of SRO

 State Bank asked to expedite export refund payments in Sialkot

 BUSINESS RECORDER

Discos list factors behind rising circular debt

 PRGMEA calls for early payment of refund claims

 Textile industry passing through critical phase, says APTMA chief

 Revenue shortfall

 Public debt on an explosive path

 Deforestation – its adverse impact on the economy

 $300 million collected as tax so far

 Collapse of Pakistan cotton sector

 Donations for dams: SBP explains collection mechanism

 Export, import figures PBS fails to rationalize discrepancy

 PBC’s Agenda: sound and doable

 FIA asked to produce heads of 3 banks before SC tomorrow

 Water supply situation to aggravate further: HEC chief

 FPCCI pledges donation for Diamer–Bhasha dams

 Saarc Chamber building to be used for regional connectivity

 Reservoirs’ shortage main cause of water scarcity: LCCI

 DAILY EXPRESS

 Scandal of Rs. 35 billion 29 benami accounts unearthed

 F.P.C.C.I officers also contributed donation in dam fund

 Islamabad chamber expressed concern on govt’s loan enhancement

 Debate on gender and trade policy under ministry of commerce

 DAILY JANG 

 Think about economy

 25th July will be public holiday country wide

 Businessmen and industrialists community should participate in election full strength S.M. Muneer

 To stop currency smuggling instrument should be installed at ports

 Oil price increased by 1 dollar per barrel

 

DATE JULY 10 2018

DAWN NEWS

 SC calls Zardari, Faryal in ‘fake’ accounts case

Whoever forms next govt will face biggest economic challenge: Imran

Rs933m revenue loss: FBR moved for action against CIID head

Probing bank accounts

Dam alternatives?

Withdrawal of duty exemption on cotton slammed

Revenue target missed despite amnesty scheme

Lawai to continue as PSX chairman

IMF programme ‘inevitable’, says Pakistan Business Council

Samsung opens world’s largest phone factory in India

Delay in opening of account for donations irks CJP

PQA told to utilise secondary treatment plant to its optimum level

HCCI considers ‘honourable exit’ of member who tried to install himself as its 

THE NEWS

Laundered amount may go up to Rs70 bn

The bowl remains intact Page No.07 Col No.01

PML-N Business Forum expresses concern over judgment against Nawaz

Pakistanis investment shows downward trend in Dubai

Rupee may lose five percenttill yearend: analysts

Construction works on Diamer Basha, Mohmand dams to start this year

Aptma demands ending customs duty on cotton import

Association’s role in DDT disbursal demanded

PCMA starts office-bearer poll process

Finance minister stresses interministerial efforts for SDGs

 BUSINESS RECORDER

SC order not to affect Summit Bank depositors: SBP

Amnesty scheme: Country fetches $300 million as tax so far: Bajwa

20 percent supply to tariff areas: Condition waived for users of DTRE scheme

Disbursement of refunds: PHMA for restoring role of associations

POL prices

Elevated fiscal Imbalance

During 2017-18: Rs 184 billion shortfall in revenue collection

PBC unveils 100-day economic agenda

Vote for economy

Saudi women allowed to become notaries for first time

Construction of dams: SBP gears up banks for collection of donations

Aptma demands withdrawal of duty on cotton import

Non-payment by power sector: SNGPL, SSGCL facing default like situation against int’l suppliers

Islamic banking Govt committed to promote banking industry, regulators: Shamshad

BQATI agrees to install septic tanks in its area

Islamabad-Dubai-Islamabad: CAA cancels permission to Shaheen Air for int’l flight

 DAILY EXPRESS

Various businessmen industrialists enter into election wrestling ground

 Public reservation on Summit Bank wave of concern amongst accounts holders

 APTMA rejects imposition of duty on import of cotton

 DAILY JANG 

Money laundering, scandal, panama like J.I.T formed

 Warrant of arrest of factory owners on absence with regard to installation of treatment plants

 Money laundering scandal

 In local open currency market dollar depreciate by 20 Paisa

 Decision not to extend date of attractive scheme after 31st July for making black money into white

 F.B.R collected revenue of Rs .3751 billion during last fiscal year target could not be achieved

 In real estate investment of Dubai Pakistan’s category  gone down ward

 T.D.A.P “AD” On Autumn Fair Birmingham U.K 2nd to 5th September, 2018 last date to apply is 23rd July 2018

 


DATE JULY 09
 2018

DAWN NEWS

 SC bars three bank chiefs from leaving country

 Apex court orders analysis of oil import mechanism

 Use of industrial plots for commercial purposes irks judicial commission

 Manifestos duck the IMF question, silent on external account challenges

 SPECIAL REPORT: Leaders’ opinion on economy

 Banks don’t easily buy into political promises

 Being the hand that guides industrial growth

 Business leaders’ perspective

 Economists say

 Are politicians really serious about the climate?

THE NEWS

 Rs35 bn money laundering: SC orders to place heads of three banks on ECL

SC questions Rs40 tax on one litre petrol

World’s largest aircraft lands at Islamabad Airport

Heat stroke still a threat

Pakistan fully committed to CPEC: Dr Shamshad

 BUSINESS RECORDER

 SECP revokes licences of 264 ”not-for-profit” cos

IMF bailout on the cards

Elevated fiscal Imbalance

Sanctity of data

 DAILY EXPRESS

 Govt of Pakistan has signed VISA free agreements with 44 countries

Reduced prices of petroleum products and economic conditionss

Water crisis 12% reduction in the production of electricity produced by water

OGRA enhanced L.P.G price by Rs.3/per kilo

Business community demands levy of tax on water

Stressed to give responsibility to embassies for marketing

Appeal to Supreme Court to abolish petroleum levy

ISO standard 2018-45001 introduced in Pakistan

 DAILY JANG 

 35 billion money laundering scandal names of 3 C.E.O.S’ of banks placed on E.C.L J.I.T on the pattern of panama against Zardari, Faryal and 130 others called

Next govt has to take 2nd bailout package from I.M.F analysts

Items  identified to enhance exports efforts if going on to improve  Pak-America ties Ali Jehangir Siddiqi

Pakistan stands at 25 India at 15 amongst worlds powerful countries

Rs40/- tax on 1 liter petrol what is Justification govt has made ways of earning money Supreme Court

Married cancer patient get long life research        



DATE JULY 07
 2018

DAWN NEWS

Lawai, three other bankers held in money laundering probe

 Water and population link

 Income tax returns

 Revenue collection falls Rs90bn short of target for FY18

 Govt finds error in diesel price build-up

 SBP tightens currency movements

 Workers’ welfare schemes stopped: leaders

THE NEWS

 Lawai arrested in Rs35 bn money laundering scandal

FIR registered in Rs35 bn money laundering case

Fund for dams to be guarded: CJP

Indian water crisis worsens

NSC reviews action plan to fulfil FATF obligations

Out of water

SBP issues guidelines for inland currency transfer

Pakistan curbs fuel oil imports as power generation demand cools down

 ‘Labourer welfare schemes in Sindh not implemented in last two years

Pakistan: a case of de-industrialisation

 BUSINESS RECORDER

 Credibility of govt cheques

Hussain Lawai grilled by FIA?

Inland movement of PKR: Only bank accounts will be used, SBP tells ECs

Readymade garments exports up by 13 percent

TMA holds seminar

 DAILY EXPRESS

 Intervention by Supreme Court on petroleum is a good step

British organization will provide cheap export re-finance in Pakistan

Amnesty scheme 12.63 crore dollar increased in govt forex reserves e:none'>Readymade garments exports up by 13 percent

 DAILY JANG 

 Money laundering scandal FIA arrested nell known banker Hussain Lawai

 Reputable business man Anwar Majeed and his son also likely to be arrested soon

  


DATE JULY 06
 2018

DAWN NEWS

 SC wants cut in recently raised oil prices

 Finance ministry opens account for dams fund

 Falling rupee

 Circular debt

 773 companies enrolled in June

 Duty exemption on cotton import withdrawn

 Setback for K-Electric as Nepra refuses tariff hike

 SBP’s reserves up by $126m

THE NEWS

 Petroleum products: SC seeks suggestions for cut in taxes

 Fake degrees case: Axact CEO, 22 others sentenced to 20 years,

 Nepra refuses to raise K-Electric tariff

 The water crisis

 ICCI resents passing on burden of Rs180 billion to power consumers

 Pakistani arrested in Dubai for buying passport to fly

 Heat wave kills 19 in Canada

 CJP deposits Rs1m in account of dams fund

 UAE envoy honours first-ever Emirates Airline Pak captain

 Nepra slightly revises up multiyear tariff for K-Electric to Rs12.81/kWh

 FBR imposes 2pc duty on cotton imports

 Non-filers await FBR nod to own vehicles below 1,000cc

 Forex reserves rise to $16.385bln

  Devaluation led export growth plan no more than a faint flash in the pan

 SECP registers 773 new firms in June

 India’s richest man unveils broadband plan

 India’s ‘worst water crisis in history’ leaves millions thirsty

 BUSINESS RECORDER

 Nepra increases KE tariff by 5 paisa/unit

Government given two days to reconsider POL price revision

Uptick in inflation

Performance audit of FBR

National water policy

Country needs new dams

SBP”s forex reserves plunge by $6 billion in fiscal year 2018

Water: capacity building

Surcharges: keeping the system going

Up to 75pc humidity to make Karachi weather bad today

MCC (Preventive) Karachi surpasses target

FBR issues new form of appeal to Customs Collector

India’s richest man unveils broadband plan

    DAILY EXPRESS

 Supreme Court time till Sunday given to revisit prices of petroleum

 Nepra refuses to raise K-Electric tariff

 Serious crisis of Hydrogen peroxide black marketing reached at its peak

 To get loan from IMF on strict condition is unavoidable Ghazanfar Blour

Protest on shifting of burden of circular debt to consumers

   DAILY JANG 

Govt should place suggestion by Sunday on enhancement of prices of petroleum 

 Number of filers of tax return crossed to 3 lac upto 30 June

 NEPRA approved enhancement in k- electric multi tariff by 0.5 paisa per unit

 21 billion dollar record increase in tax level of amnesty scheme upto 30 June

 Ro plant worth billion of rupees capacity is of 1 crore 30 lac gallon while supply is only 30 lac gallon

 Unbearable inflation

 Water economy who will take tough decision

 


DATE JULY 05 2018

DAWN NEWS

 Shopping for dollars

 Why do feeders trip?

 Inflation spikes amid faltering economy

 Before tax amnesty, Pakistan lacked funds for two-month imports: CJP

 Labour leaders raise concerns about skyrocketing inflation

THE NEWS

Water opportunities

A money-laundering scandal with potential to upset political scene

K-Electric applies for five-year extension for old power units

GE to build 660MW coal-fired plant

Inflation rebasing mechanism to be implemented in next govt’s tenure

KCCI appreciates FBR’s decision

Indonesian CG meets SBI chairperson

World SME Day celebrated

 BUSINESS RECORDER

 CJP speaks about amnesty scheme

Wilful default cases: FBR empoweredOP S TORIES

FATF issues: Chinese envoy briefed about country”s standpoint

Minister reviews performance of FBR

KCCI chief for policies to catch tax evaders

Government urged to make public-friendly policies to stabilize economy

Hydrogen peroxide: TMA demands removal of anti-dumping duty

POL price hike

All good things come to an end

Industrial revival and loan write-offs: Chronology of government packages – II

Duty drawback: Rates of repayments to be worked out by IOCO

Business leaders join PTI

Concessionary notifications

Making or processing by vendors 

    DAILY EXPRESS

10 Days relief in case given to companies for waiving of loan

Water crisis agriculture production till 2040 may reduce by 8 to 0%

K.C.C.I hailed extension in amnesty scheme

   DAILY JANG 

 Tax amnesty scheme owner of educational institute in Multan declared assets worth of Rs. 125 crore

 F.B.R showed 100% growth in revenue all time record

 Non filers allowed to get register small car motor cycle

 Mian Mohd  Iress success is an honor for business community S.M Muneer

 Exorbitant increase in petroleum products besides inflation cost of doing business will also increase rapidly

 


DATE JULY 04
 2018

DAWN NEWS

Amnesty scheme deadline

Oil price hike

Money transfer charges

Fitch warns of growing risks to Pakistan’s economy

Oil sales drop 5pc

Healthy growth in customs duty collection

Rs180bn loan adjusted through consumers tariff

THE NEWS

 ICCI lauds extension in Tax Amnesty Scheme

Rise in petroleum prices

POL price hike condemned

FBR rejects scores of previously exposed disclosures under amnesty scheme

Circular debt reduction tied to power subsidy

Fitch Ratings says IMF ‘more viable’ financing option for Pakistan

Fuel sales drop 4pc to five-year low in FY2018

Economy is well on way to record better growth: President

Exchange of business teams to enhance trade ties with Greece

Emirates to start A380 flights to Islamabad

 BUSINESS RECORDER

 Pakistan has limited window: Fitch

Payment of Rs180bn loans

FBR grants duty exemption to imported vintage cars

Huge revenue shortfall

Let’s not give a ‘dam

FPCCI VP calls for raising revenue thru concrete policies

KCCI president clarifies reports

Business leaders felicitate caretaker ministers of provinces

POL prices raised to ease tight fiscal position

Country’s economy on the path of revival: Mamnoon

FCCI, APCCI sign MoU for enhancing trade

Elevated vulnerability risk

More bad news on the economy

AJS for importing LNG from US

Textile exporters urge govt to allow GDs for duty drawback

Oil sales down 5pc on YoY basis in FY18

    DAILY EXPRESS

Electricity tariff increased by Rs.1.22 per unit notification issued

Alternate re sources of water crisis and construction of dams

Limited use of furnace oil reduction in use of petroleum products after 5 Years.

F.P.C.C.I also stressed to take refund of hike in petroleum prices

Action should be taken against misuse of scheme 2002

Demand to allow incentive under prime minister package on GDS‘ upto 30 th june

Reception given to care taker provincial ministers by businessmen panel

Export orders begins after the arrival of new crop

Extension of 1 month in amnesty scheme is appreciable      

   DAILY JANG 

Notification issued for enhancement of electric tariff by Rs. 1.22 per unit

Rs. 150billion circular debt burden adjusted through electric bill

F.B.R’s annual collection reached nearly to Rs. 3815 billion

F.B.R’s new chairperson will start consultation for country wide transfer of senior of officers

New  govt have to give attention to reduce trade deficit  Anjum  Nisar

Write off nonperformance  loan are adopted at  international  level Muffasir Malik

Eligible  textile exporters package urged to extend shipment date Jawed Bilwani

NAKATI strongly protest on enhancement of 50% increase in electric tariff

Export of cotton during current year expected Ahsanul Haq

 


DATE JULY 03
 2018

DAWN NEWS

Sindh’s economy most vulnerable amid climate change

 Petrol price hike

 Friends at FATF

 Kalabagh dam

 Third increase in Honda car prices

 Industry slams POL price hike

 SBR, Quetta collectorate surpass annual targets

  ‘Companies are not doing enough to help workers embrace AI’

 ‘Tax issues of business community will be resolved within a week’

THE NEWS

 RLNG enables Pakistan to save $2-3 billion on power generation

ICCI resents increase in POL products’ prices

‘Oil price increase to affect forex reserves’

Economic reforms: Part – XXVII

 ‘Obstacles in SMEs bank’s financing’

Customs collects Rs155bln in duties in FY2018

SBP celebrates 70 years of professional excellence

Industrialists slam POL price hike

BUSINESS RECORDER

 Reservoirs” storage level goes alarmingly low

Use of exchange rate for assets valuation explained

IAmnesty scheme: Rs 100 billion so far; more money in the pipeline

THE RUPEE: FY18-19 begins on firm note

Tax amnesty scheme: A justified extension

Mobile handset levy comes into force

Petrol price is not unfair

Profit trade of NSS revised upwardS

Traders’ alliance demands reversal of POL prices Hike

Govt urged to make amnesty scheme a successful venture

LCCI resents hike in POL prices

FATF: Rabbani criticises govt for overstepping its mandate

    DAILY EXPRESS

Business community should update public with reality for the interest of the country governor

Business community got bust on increase of Pol prices

Misuse of green channel facility detected

Decision to establish 50 units of industrial stitching project in 1st Phase 

  DAILY JANG 

 RukhsanaYasmeen took charge as a chairperson F.B.R having vast experience in custom inland revenue

30% minorities (Non-Muslims) voters increased during five years Hindu and Christian ranked 1st and 2nd respectively.

Industrialist and traders are the backbone in country’s development Saleh Farooqi

Purpose of State Bank monitory policy is to reduce inflation Ikhtiar Baig,

Sindh revenue board (SRB) accomplished the goal of collecting revenue 100 bn rupee

Water commission ordered to factory owners to install treatment plants within 3   months

3.5 persons resides in a room in Pakistan, World Bank Report

Industrialist and business community can play important role in general elections. Muhammad Zubair

 


DATE JULY 02
 2018

DAWN NEWS

 Officials locked in internal disputes over interpretation of tax laws

Water crisis: treading carefully

Enough is enough

SBP’s vision for 2020 and 2030 discussed

Our obligations beyond the grey list

Healing economic wounds

Was the depreciation avoidable?

Curbing surging imports

THE NEWS

 Differences among FBR bureaucracy cost exchequer

Govt asked to withdraw POL price hike

Tax amnesty date extended due to public demand: Shamshad

Perilous waters

First Haj flight under govt scheme on 15th

Filming of people without permission unlawful in UAE

FATF challenge

 BUSINESS RECORDER

 Amnesty ordinance

 Deposit protection scheme

 FATF: some reprieves

 FPCCI flays hike in oil prices

 FY 2017-18

 Pak-China FTA making the rounds again

 Pak-China ties based on strong foundation: CG

 SBP celebrates seven decades of professional excellence

 Tax expert explains CRS for Iqama, foreign passport holders

 The C/A slide

    DAILY EXPRESS

 Pakistan’s acceptance on FATF condition is laudable U.S.A

 “Almas Boby” disclosed 100 million assets tax amnesty

Increase in prices of P.O.L products

Extension in tax amnesty scheme

Due to imposition o finance act fresh weave of inflation has surfaced new tax of Rs 93 billion

Circular debt is the main hurdle in resolving energy crisis

Lack of negotiation between Pak-Greek trade growth is the hurdle Ifran yousuf

Remarkable increase o f32% in export of raw cotton

Increase of exports is the only solution to control the rising dollar

In May textile exports increase by 22%

  DAILY JANG 

 Nofification of enhancement of % of sales tax issued

Enhancement of price of petroleum poroducts chief justice will head 3 members bench

Model Custom Collectorate  Gawadar has collected during June 2018 morethan 180% custom duty

F.B.R senior  officers hold a delicous banquet in  Honor of outgoing chairman F.B.R Mr. Tariq Mehmood Pasha

Worlds biggest passenger plane will land at Islambad Ari Port from 8th July

F.B.R failed in collecting revised tax revenue Taarget.

F.B.R’s annual tax collection Rs 3800 billion

All time record collection of custom duty Rs. 604 billion during Joly to June 2018

SAARC chamber cancelled Pakistans trade delegation visit to INDIA

Two dams important development

2 nd petrol  bomb in one month

Rupees depriciation a matter of concern