DATE JULY 28 2018
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DATE JULY 02 2018DAWN NEWS
DAWN NEWS
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
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
Is it Commerce Minister’s domain?’
Asad Umar tipped as finance minister
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
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
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
New government faces uphill economic tasks in days ahead
Forex reserves climb to $15.728bln
Prudent economic management must to get out of trouble
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
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
FBR’s offices to remain open on 28th
Teli hopes Imran will prioritise economic issues
Business Forum for continuity of CPEC policies
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
Who will cut the wings of dollar?
DATE JULY 26 2018
DAWN NEWS
FBR collectors blamed for misuse of green channel
THE NEWS
Purchase of properties by expats: ministries, FBR seek to reverse major budgetary measure
Textile exports FY18: modest growth
Businessmen foresee coalition govt
Federal Govt decided to establish expo Centre at Queeta
Exports are effecting due to shortage of skilled labour. P.F.C
Increase investment in the country
DATE JULY 24 2018
DAWN NEWS
CAA gives Shaheen Air special permission to fly back stranded passengers from China
Dollar sells at higher rates in open market
EPA allows time to Balochistan industry
Non-textile exports surge 22pc
THE NEWS
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
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?
Preparing for another IMF ride
How to stop wastage of precious domestic gas
Business premises: Commissioners” power to depute officers withdrawn
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
‘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
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.
Break through in solar technology solar electricity will become 95% cheaper
DATE JULY 23 2018DAWN NEWS
CJP inaugurates 77mgd sewage treatment plant in Karachi
THE NEWS
Arrest of rupee slide not in sight
Textile sector: Prime Minister requested to allocate Rs 10 billion for duty drawback
Caretakers’ contribution: good or bad!
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
Eidul Azhah will be on 22nd August experts
DATE JULY 21 2018DAWN 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
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
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
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
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
THE NEWS
Instability leads to $11.8m decrease in FDI
Voting is compulsory in some countries
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
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
Chemical’s contradictory trends
KATI chief hopes new leadership will accord priority to economy
Customs duty collection registers 36pc increase p.a
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
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
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
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
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
FATF and the new electronic ‘Hundi’
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
Tough conditions for obtaining loan from international financial institutions
DATE JULY 18 2018
DAWN NEWS
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
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
Review of monetary policy and need for a new budget
Fiscal year 2018 sees uptick in FDI inflows
Dealing with new IMF programme
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
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
Severe pressure on dollar dollar’s supply and demand to be controlled
Exchange companies gain profit of Rs 15 Billion due to dollar hike
DATE JULY 17 2018
DAWN NEWS
BHC set to get country’s first woman chief justice
FBR receives details of property held by Pakistanis in UK
Cost of production will increase, industry laments
THE NEWS
FBR gets details of immovable properties of Pakistanis in UK
ICCI strongly resents 100 basis points hike in interest rate
Economic reforms: Part – XXVIII
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
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
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
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
Taming trade and the current account deficit
THE NEWS
Two-month free tourist visa for kids under 18 in UAE
BUSINESS RECORDER
Major step being taken to curb imports
Taxpayers must not suffer due to delay in hiring Accountant Member: APTPRA
Taming trade and the current account deficit
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
Tax amnesty so far more than 55000 Pakistan’s took benefit
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
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
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
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
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
Bed-wear textile export surges to $2.055 billion
Textiles: paying for polyester protection
‘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
Rs 2.5 Crore will be given to North Karachi Industrial area
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
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
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
Economy growing, but so are the deficits, warns SBP
‘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
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
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
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
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
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
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
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
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
During 2017-18: Rs 184 billion shortfall in revenue collection
PBC unveils 100-day economic agenda
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
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
Money laundering, scandal, panama like J.I.T formed
Warrant of arrest of factory owners on absence with regard to installation of treatment plants
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
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
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
Pakistan fully committed to CPEC: Dr Shamshad
BUSINESS RECORDER
SECP revokes licences of 264 ”not-for-profit” cos
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
Next govt has to take 2nd bailout package from I.M.F analysts
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
NSC reviews action plan to fulfil FATF obligations
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
Inland movement of PKR: Only bank accounts will be used, SBP tells ECs
Readymade garments exports up by 13 percent
Intervention by Supreme Court on petroleum is a good step
British organization will provide cheap export re-finance in Pakistan
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
773 companies enrolled in June
Duty exemption on cotton import withdrawn
Setback for K-Electric as Nepra refuses tariff hike
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
ICCI resents passing on burden of Rs180 billion to power consumers
Pakistani arrested in Dubai for buying passport to fly
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
SBP”s forex reserves plunge by $6 billion in fiscal year 2018
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
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
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
Water economy who will take tough decision
DATE JULY 05 2018
DAWN NEWS
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
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
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
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
Making or processing by vendors
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
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
DATE JULY 04 2018
DAWN NEWS
Fitch warns of growing risks to Pakistan’s economy
Healthy growth in customs duty collection
Rs180bn loan adjusted through consumers tariff
THE NEWS
ICCI lauds extension in Tax Amnesty Scheme
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
FBR grants duty exemption to imported vintage cars
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
Textile exporters urge govt to allow GDs for duty drawback
Oil sales down 5pc on YoY basis in FY18
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
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
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
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
SBP’s vision for 2020 and 2030 discussed
Our obligations beyond the grey list
Was the depreciation avoidable?
THE NEWS
Differences among FBR bureaucracy cost exchequer
Govt asked to withdraw POL price hike
Tax amnesty date extended due to public demand: Shamshad
First Haj flight under govt scheme on 15th
Filming of people without permission unlawful in UAE
BUSINESS RECORDER
FPCCI flays hike in oil prices
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
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%
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
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
Rupees depriciation a matter of concern
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