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Date:  July 30, 2020

DAWN NEWS PAPER

Ogra proposes Rs7-9 per litre increase in petrol, diesel prices

SBP seeks to expand Islamic banking

Honda raises car, bike prices

THE NEWS INTERNATIONAL

Knitting export losses

FBR seeks rapid corruption probe against tax officials

FBR automation still a dream

State Bank sells MTBs worth Rs167.5 billion

End consumers pay Rs190 bn in power tariff due to jump in dollar

Rs7 per litre hike in petrol price on the cards

Gold rates increase Rs250/tola

BUSINESS RECORDER

Corrupt taxmen, FBR concerned at delay in disciplinary proceedings

Cotton spot rate down by Rs50 to Rs8100

Solution to Karachi’s electricity problem

TRIBUNE NEWS PAPER

Experts call for facilitation of SMEs

ECC okays petroleum levy cushion plan

SBP to enhance scope of Islamic banking windows

Wait is over: Excise dept to expedite smart card registration

EXPRESS NEWS PAPER

OGRA proposed to enhance Rs.9 per liter on petroleum products

Value of dollar surged by 33 Paisas

Sindh Govt announced Eid-ul-Azha holiday from 31 July to 2nd August
 

Date:  July 29, 2020

DAWN NEWS PAPER

NA committee slams ‘non-serious’ attitude to meeting FATF conditions

Global airlines less hopeful on Covid-19 recovery

KE excess billing

Vehicle tax

Department of Transport & Mass Transit Government of Sindh “Public Notice”

THE NEWS INTERNATIONAL

Return filers to miss tax incentive without updating information

Pakistan receives $505mln from World Bank

Rupee gains

Gold prices fall Rs1,300/tola

Bank holidays

BUSINESS RECORDER

‘Exporters’ issues to be resolved on priority basis’

FPCCI urges govt to abolish 2.5pc regulatory duty on PFY

Russia, Pakistan need more steps to enhance bilateral trade: FPCCI

POL products, ECC approves proposal to revise prices on fortnightly basis

‘Banks should extend advances to individuals, enhance size of loans’

$505m received from WB for budgetary support

Project registered with FBR, First buyer of property not required to explain source of funds

Bearish trend witnessed on cotton market

Gold hits new high; equities struggle on virus fears

Hike in price of gold a sign of global economic crisis

Gold price plunges

Bank holidays

TRIBUNE NEWS PAPER

Pakistan compliant on ‘14 FATF action points’

Oil prices to be revised fortnightly

Pakistan receives $505m from World Bank

Air traffic return to normality not before 2024

EXPRESS NEWS PAPER

Suggestion to revisit the prices of Petroleum Products fortnightly

British Airways decided to restore their fly operation in Pakistan from Next month

Banks will remain closed from 31st July to 2nd August, 2020

Department of Transport & Mass Transit - Govt of Sindh, “Public Notice”
 

Date:  July 28, 2020

DAWN NEWS PAPER

Ministry seeks plan to rationalise tariffs

FBR, provincial authorities discuss tax facilitation

Per-tola gold hits record Rs123,800

THE NEWS INTERNATIONAL

FBR, provincial tax authorities remain undecided on GST returns

Tariff rationalisation to start with six sectors in August: Dawood

Gold price surges 4.29pc to all-time high on global uncertainty

BUSINESS RECORDER

Export-led industrialization, Razak says tariff rationalisation vital

No plan to extend trade bodies’ tenure: Razak

Waqar Masood made head of ‘Subsidies Cell’

FPCCI for revamping power sector to overcome circular debt

Govt should adopt SOPs instead of shutting down business: LCCI

Punjab govt imposes complete lockdown till Aug 5

Cotton spot rate down further by Rs100 to Rs8150

Gold zooms to all-time peak as safety rush gathers steam

Gold posts highest-ever single-day increase

State of exports

The FATF challenge

TRIBUNE NEWS PAPER

PTI govt to develop tariff rationalisation roadmap

Pakistanis alarmed by unemployment

Historic high: Gold spikes in local, global markets

EXPRESS NEWS PAPER

Importance of Gold enhanced due to reduction of interest rate in the world

Price of Gold on peak, per tola reached Rs.123,800

Further reduction of 39 paisas in the value of dollar, cost of per dollar 166.87 

Date:  July 27, 2020

DAWN NEWS PAPER

Needed: renewed focus on SMEs

THE NEWS INTERNATIONAL

Growth rate to be positive 0.5pc in fiscal 2020-21

BUSINESS RECORDER

Tax-to-GDP ratio declines to historic low

Widen SBP interest rate corridor by 350bps

Weekly Cotton Review, Prices witness significant decline

Power tariff increase

TRIBUNE NEWS PAPER

Withering economic growth?

EXPRESS NEWS PAPER

Pakistani firms enhance their roll in exports. World Bank

Corona, CAA issued travel advisory

PIA announced concessionary fare for domestic on the Eid-ul-Azha
 

Date:  July 26, 2020

THE NEWS INTERNATIONAL

Traders need no tax incentive certificates for raw materials import

‘UK agrees in principle to continue EU trade facilities for Pakistan’

BUSINESS RECORDER

National grid, KE seeks Nepra’s support to get additional power

PBIF chief slams increasing power tariff

No loadshedding during Eid holidays

Cotton spot rate falls by Rs50 to Rs8250

GAS SUPPLY CLOSURE ON SUNDAY INDUSTRIAL & CAPTIVE POWER

TRIBUNE NEWS PAPER

SMEDA calls for facilitation desk at FCCI

Date:  July 25, 2020


DAWN NEWS PAPER

Local gold soars to Rs118,700

No monetary policy till September: SBP

Motor vehicle tax

THE NEWS INTERNATIONAL

Businessmen being given incentives to boost exports: Razak Dawood

FPCCI opposes hike in power tariff

SHC directs K-Electric to end unannounced load-shedding in city

State Bank to hold next rate-setting meeting in Sept

State Bank facilitates businesses

Rupee gains

Gold rates up Rs1,400/tola

Pakistan’s first virtual hospital launched to treat patients at home

UK businesses share top tips on working under Covid-19

BUSINESS RECORDER

Companies Act, Limited Liability Partnership Act, Govt decides to promulgate Ord to amend laws

Govt taking steps to boost exports by incentives: Dawood

APTMA urges Nepra to fix predictable tariffs

SHC asks KE to end ‘unannounced’ loadshedding, remove illegal connections

Lesco, Mepco explain loadshedding strategies

Taxpayers can submit election/options forms by 29th: SRB

EOBI introduces stakeholder’s facilitation initiative

MPC not to declare policy rate this month

Rozgar Scheme, SBP allows disbursement of salaries before Eid

SPI up 0.21pc WoW

Cotton spot rate down by Rs50 to Rs8300

Gold continues to another high

TRIBUNE NEWS PAPER

Textile exports pick up pace

Power firms deny forced outages, MEPCO, LESCO rule out unannounced load-shedding, overbilling in their areas

EXPRESS NEWS PAPER

SBP provided financing facility to business entity

Trade agreement with UK should finalize. Seminar

Value of dollar reduced by 30 paisas

Price of gold surged by Rs.1400/- per tola, Gold per tola 118,700/-
 

Date:  July 24, 2020

DAWN NEWS PAPER

Nepra threatens to cancel KE’s licence for ‘breach’ of contract

Nepra approves net relief of Rs4.5bn for consumers

Surge in complaints against banks

SBP reserves edge up

10-gram gold prices cross Rs100,000

THE NEWS INTERNATIONAL

TDAP gears up to launch virtual trade shows

Govt considering to withdraw generalised subsidies

Rs4.46 bn to be reimbursed to power consumers in Aug-Sept 2020

FBR constitutes committee to address Sindh concerns over tax

RTO-II Karachi collection jumps 25pc in FY20

Complaints against banks double to 1.5mln in four years: State Bank

Rupee ends flat

Gold rates increase Rs2,300/tola

BUSINESS RECORDER

Increase in power tariffs approved by Nepra

KE CFO presents case on tariffs, Nepra formally issues show-cause notice

Mortgage system, PM for making subsidy provision process for banks easy

PBIF chief calls for controlling exchange rate

SBP conducts review of complaints against banks, FIs

High incidence of taxes on imports, Under-invoicing, smuggling on the rise

TDAP organises NETP webinar

Cotton spot rate remains unchanged

Gold hits all-time high

Local car prices increase manifolds in two years

Three-day holiday on Eid-ul-Azha

TRIBUNE NEWS PAPER

NEPRA adjusts tariff to give relief

Pakistan's power generation doubles in June

Pakistan records trade surplus with Italy

SBP reviews complaints against banks and DFIs

SSGC defends Rs35 billion hit to national exchequer'

EXPRESS NEWS PAPER

Electricity consumers get relief of Rs4.46 billion for Aug & Sep

License of K-Electric may be cancelled or suspend

Holidays Eid-ul-Azha for 31 July to 2 Aug, 3 holidays. notification issued
 

Date:  July 23, 2020

DAWN NEWS PAPER

Hafeez dropped from reconstituted NFC

SBP doubles financing for wind, solar energy

Gold continues to rise

THE NEWS INTERNATIONAL

Entire country facing gas-related issues: PM Imran Khan

FPCCI hails Sindh govt’s decision

Cotton growers likely to suffer due to heavy rains, whitefly attack

Tax collection on govt securities up 88pc

State Bank doubles financing limit for renewable energy projects

Gold rate surges to all-time high of Rs115,000 per tola

Pakistan must establish cybercity to capture fourth industrial revolution

Sindh introduces vehicle number plates with security features

Camera-readable vehicle registration plates to be introduced in Sindh

BUSINESS RECORDER

New notification, Hafeez removed from NFC

Discos, Nepra to approve increase in tariffs

Renewable Energy Refinance Scheme, SBP enhances financing limit to Rs2bn

PM directs placing gas- related facts before CCI

Two proposed SEZs, Sindh govt urged to provide state-of-the-art infrastructure

Prices remain stable on cotton market

Small businesses surviving pandemic thru Facebook

TRIBUNE NEWS PAPER

SMEs await new policy announcement

SBP extends scope of refinancing scheme

Inter-bank market: Rupee strengthens against dollar

Gold scales new peak of Rs115,000 per tola

EXPRESS NEWS PAPER

Hafeez Shaikh removed from National Finance Commission, new notification presented in Islamabad High Court

Improve infrastructure & focus on development work of Sindh Industrial Zones

TDAP organized Training Webinar for Exporters of Sialkot

Gold reached on its historical peak, per tola reached 115,000/-

Value of dollar further reduced by 27 paisas, cost of per dollar Rs.167.63

Mobile users in Pakistan exceed from 167,200,000
 

Date:  July 22, 2020

DAWN NEWS PAPER

Nepra issues show cause notice to KE over loadshedding

Duty drawback payments being worked out for eight sectors

Big industry output plunges 25pc in May

CAD shrinks 78pc in 2019-20

Per-tola gold price soars to Rs113,500

Eidul Azha on Aug 1, says ministry

THE NEWS INTERNATIONAL

Under-invoicing in trade from China to Pakistan reduced, NA body told

LSM contracts 10.3 percent in July-May

Current account deficit narrows 77.9 percent in FY2020

RTO-II records 25pc growth in revenue to Rs105bln in FY2020

FBR allows clearing stuck cargoes against bank guarantee

Gold rates up Rs2,250/tola

BUSINESS RECORDER

CA deficit plunges 78pc in FY20

LSMIs May output plunges 24.80pc YoY

Duty drawbacks, Razak discusses progress on various MoC’s initiatives

Sindh govt urged to improve industrial zones’ infrastructure

FTAs, PTAs cause over Rs45bn loss: FPCCI

NA body informed, Rs5.5bn refunds issued to exporters

RTO-II surpasses collection figures for first time

KCA for resumption of hedge trading in cotton

Stable trend witnessed on cotton market

Nepra issues show-cause notice to K-Electric

Eidul Azha on Aug 1

Exports for economic growth

TRIBUNE NEWS PAPER

Pakistan's current account deficit contracts 78%

Pakistan's LSM sector shrinks 10.3% in Jul-May FY20

Gold hits new peak at Rs113,500

ICCI demands release of refunds

EXPRESS NEWS PAPER

Inspite cooperation of Federal, electricity crisis continue in Karachi

NEPRA investigation, issued show cause notice K-Electric

Need comprehensive planning to restore the business activities. Umer Rehan

Price of Gold continuously increasing, cost of per tola reached 113500

Reduction of 40 paisas in the value of dollar, cost of per dollar 167.90

Date:  July 21, 2020

DAWN NEWS PAPER

Dawood directs enforcement of GI law to support SMEs

Dollar surges against rupee

Gold continues upward journey

THE NEWS INTERNATIONAL

APTMA demands for gas supply, reduced rates

 ‘GI law to help SMEs go global’

PRGMEA to attend virtual expo

Sindh transfers land possession of Dhabeji special economic zone

Rupee hits all-time low of 168.3/dollar on murky IMF program

BUSINESS RECORDER

APTMA for uninterrupted gas supply at reduced rates

Digital Global Apparel Expo , PREGMEA becomes first body to participate

Ex-chairman’s major facilitative measures, Businessmen, experts surprised at FBR’s new report

Sindh CM approves setting up of two SEZs

Fakhar discusses cotton hedging at PMEX meeting

Cotton spot rate down by Rs50 to Rs8350

World facing bankruptcy time bomb: study

TRIBUNE NEWS PAPER

Govt vows to revive sick industrial unit

Sindh CM approves setting up of two SEZs

Changing scenario: PRGMEA terms digitisation inevitable

SSGC troubles cost national kitty Rs35b

EXPRESS NEWS PAPER

SSGCL became institution which running under losses due to nepotism & political appointments

Make sure of uninterrupted Gas supply for Sindh & Baluchistan. APTMA

Record reduction in value of rupee as compared with US dollar

Date:  July 20, 2020

DAWN NEWS PAPER

Population in Pakistan continues to grow rapidly: report

THE NEWS INTERNATIONAL

If inefficiencies continue: Circular debt to swell to Rs4,000 bn by 2025

Major fire breaks out at factory in Landhi Export Processing Zone

BUSINESS RECORDER

Electricity bill relief, Taxpayers required to obtain ‘certificate’ from Commissioner IR: LHC

Cotton supply: the year ahead

Weekly Cotton Review, Prices remain stable

TRIBUNE NEWS PAPER

Pakistan's reliance on US for forex inflows

Potential of boosting Pakistan’s exports

Power cuts spark more protests across Sindh

PTI govt did not approve hike in drug prices: ministry

Petrol pumps in Sindh to remain open 24/7

EXPRESS NEWS PAPER
Due to Corona, we are facing very difficult situation. Razzak Dawood

Date:  July 19, 2020

DAWN NEWS PAPER

Industrialists to challenge ECC decision on retrospective billing in Karachi

Public demand for dollar falls to historic low

Citizens demand reversal of KE privatisation, shutdown of illegal hydrants

THE NEWS INTERNATIONAL

Textile mills amass cotton as normalcy returns

Income tax collection on exports sharply up 25pc in FY2020

Oil tankers call off strike after govt assurance on taxes

DRAP approves 7pc increase in essential drugs’ prices

The KE journey

BUSINESS RECORDER

PM performs business park groundbreaking

Business on cotton market remains stable

TRIBUNE NEWS PAPER

PTI govt may be unable to subsidise gas prices

LCCI suggests reducing frequency of labour taxes

SBP governor to discuss business woes

EXPRESS NEWS PAPER

No Govt has given attention to Karachi. Karachi Chamber

Oil tankers owner contractor association called off their strike

Interbank, value of dollar exceeds from Rs.167

Date:  July 18, 
2020

DAWN NEWS PAPER

Major reshuffle looms at FBR

FDI jumps by 45pc in June

NEPRA, Notice Regarding Public Hearing

THE NEWS INTERNATIONAL

Textile feels heat from utility outages

FDI jumps 88pc to $2.561bln in FY20

FBR reshuffles top members of tax machinery

Pakistan braces for another fuel crisis as oil transporters go slow

BUSINESS RECORDER

FPCCI opposes move to withdraw power subsidies

FDI grows 88pc in FY20

Combined income groups, SPI down 0.01pc WoW

KE to get additional 300MW from national grid

Oil tankers body defers strike call till 20th

Mixed trend witnessed on cotton market

TRIBUNE NEWS PAPER

Govt approves hiking drug prices by 10%

Electricity prices, tax reforms hurdles to restoration of IMF programme

Govt once again reshuffles FBR

FDI rises 88% to $2.56b

Rupee falls to two-week low

Businessmen oppose power subsidy withdrawal

EXPRESS NEWS PAPER

Instructed to release 40 billion Tax Refund within two weeks

FPPCI opposed to withdraw subsidy on electricity

Govt accepted in senate that Tax on 1 litre Petrol Rs.47.86 & on Diesel Rs.51.41

Oil Tanker Association deferred strike. Petroleum Division

Price of dollar surged by 34 paisas

PTV fee enhanced from Rs.35 to 100

Date:  July 16, 2020

DAWN NEWS PAPER

Govt raises Rs249bn, exceeding T-bill auction target

Future energy plan finalised amid provinces’ reservations

President tells K-Electric to ensure smooth supply to Karachi

KE chief blames loadshedding on power theft

K-Electric’s poor performance

Etihad to resume flight operations today

THE NEWS INTERNATIONAL

No respite for Karachiites as power outages continue

Low gas pressure in SNGPL system causes tripping of power plants

Nepra forms body to modify proposed IGCEP 2047

RLNG prices raised 6.4pc for SSGC, 5.7pc for SNGPL

K-Electric CEO apologises to residents of Karachi for frequent power outages

Fitch expects Pakistan rupee to average Rs171.15/USD in 2021

Gold prices rise Rs400/tola

Pakistan’s population may be 314m by 2062: study

BUSINESS RECORDER

UBG rejects proposed shifting of FPCCI head office to Islamabad

EFP chief urges PM to cut gas price for industries

Hike in prices of RLNG notified

Cotton spot rate down by Rs100 to Rs8400

Arrears, current demand, FBR lists reasons behind Rs13bn fall in FY20 collection

Tax collection, FBR seeks corporate sector, rich class help

Khalid Mehmood made MD KW&SB

Housing finance, SBP sets mandatory targets for banks

2,100MW may be added to KE system over three years

NEPRA Ad, “Notice of Admission/Hearing”

TRIBUNE NEWS PAPER

Experts term Pakistan's energy capacity plan unrealistic

OGRA raises LNG prices by up to 6.35%

Foreign investors contribute Rs1.2tr tax revenue

Rupee to average at 163 against dollar in 2020: Fitch

'KE to invest $2b in system in next three years'

EXPRESS NEWS PAPER

Employers Federation demanded to reduce the Gas tariff

Oil Tanker Association announced strike for unlimited period

Pakistan will make progress by leaps and bounds through digitalization

In 2020, value of average dollar will be Rs.163

Sindh Govt announced to extension in lockdown for one month

Foreign airlines make covid-19 test mandatory for Pakistani travelers

Date:  July 15, 2020


DAWN NEWS PAPER

Regulator proposes up to 6pc cut in gas prices

Pakistan set to implement single window system for trade

Need stressed for setting up institutions to look into interests of workers, industry

Cotton cultivation down 1.3pc

Nationalising KE

THE NEWS INTERNATIONAL

Hike in gas, K-Electric tariffs deferred

Ogra to cut natural gas prices by 6pc

FBR to introduce simple form for filing income tax returns: chairman

LTU Karachi rejects favouring big firms in tax refunds

‘Textile sector totally ignored’

Gold prices down Rs350/tola

BUSINESS RECORDER

Decisions on KE, gas prices in next Cabinet meeting, Provinces asked to constitute finance commissions

Govt-KE parleys remain inconclusive

Hike in prices, Gas utilities plea rejected by Ogra

NA Speaker informed, FBR to resolve issue of containers stuck at border areas

Teli seeks members’ support to shift FPCCI head office

Proposal to relocate FPCCI head office condemned

LCCI, taxation dept to maximize cooperation

SBP extends relaxations for branchless banking operations

Local cotton market remains bearish

Hydro resources, About 89pc of possible power production yet to be harnessed

Complexities of electricity markets

TRIBUNE NEWS PAPER

Envoy proposes trilateral trade bloc

E&T Dept opens facilitation centre at LCCI

Ogra reduces gas prices by up to 6%

Govt defers decision to hike power tariff in Karachi

Karachi's water woes continue

EXPRESS NEWS PAPER

Federal Cabinet deferred the price hike of Gas & K-Electricity for consumers

OGRA rejected the request for of Gas price hike

Resolve the problems of small exports. Sheikh Nisar Ahmed

The production of cotton bales to be expected 88, 40,000 in 2020-21

Rate of Gold reduced by Rs.350 per tola


Date:  July 14, 2020


DAWN NEWS PAPER

IMF warns of aggravated regional slowdown

Penalty waiver

Gold rises further

Merge K-Electric with national grid

THE NEWS INTERNATIONAL

Tax-to-GDP slips to 9.5pc despite marathon reforms

IMF lowers Pakistan’s growth projection for FY2021

Remittances hit all-time high of $23.12 billion in FY20

Public debt increases 9pc to Rs34.5trln in 11 months

State Bank revises AML/CFT rules

Gold prices hit record high

Car sales plunge 50 percent in June

BUSINESS RECORDER

Advance collection at import stage, Scheme altered without realizing impact on manufacturers: experts

Remittances hit historic high of $23.121bn

NTDC’s ‘controversial’ plan, Nepra all set to hold hearing tomorrow

Month-wise actual RLNG volumes, Ogra empowered to allow recovery of revenue shortfall

AML/CFT regulations, Banks, DFIs told to update customers’ record

June passenger cars? sales plunge 52pc YoY

Motor vehicle, property tax, Minister urged to introduce e-payment system

Bullish trend witnessed on cotton market

TRIBUNE NEWS PAPER

Etihad increases number of flights for Pakistan

Car sales fall to lowest level since FY09

EXPRESS NEWS PAPER

Businessmen rejected amendments in income tax rules

FPCCI Head office shifting is conspiracy. Hanif Gohar

Businessmen Group & Karachi Chamber have supported the shifting of FPCCI Head Office


Date:  July 13, 
2020

DAWN NEWS PAPER

Centre holds KE responsible for Karachi outages

PIA increases number of domestic flights

FBR chief

No FBR reform?

THE NEWS INTERNATIONAL

FBR, Customs developing reforms plan for revenue generation

To meet FATF stipulations: SBP fines Rs1.68 bn on 15 banks for forex trading violations

BUSINESS RECORDER

SBP chief optimistic about forex reserves, rupee-dollar parity

NKATI founder Capt A Moiz Khan laid to rest

Key issues of businessmen to be resolved: FBR chief

BMP opposes proposal of shifting FPCCI head office to Islamabad

Exports: the great relocation?

Weekly Cotton Review, Prices of cotton remain stable

TRIBUNE NEWS PAPER

Cross-subsidies in consumer energy tariff

EXPRESS NEWS PAPER

Electricity shortfall came on zero in the country- Spokesperson of Power Division

Date:  July 12, 2020

DAWN NEWS PAPER

Confusion emerges on June export data

Rising food prices behind inflationary pressures: SBP

THE NEWS INTERNATIONAL

Textile sector frets over unsettled refunds, demands 4pc GST

FPCCI HQ shifting slammed

Govt assures KE of prioritised fuel supply to overcome power crisis

Centre to take over K-Electric if performance not improved

No more unannounced load-shedding in Karachi, says Asad Umar

Airlines say virus test must for Pakistani travellers

BUSINESS RECORDER

Textile exporters annoyed, distressed over imposition of 17pc GST

Income Tax Rules 2002, Industry in uproar over new rules issued by FBR

FPCCI concerned over inclusion of chemicals and dyes raw materials in Part 2 to Part 3

PFVA rejects proposal to shift FPCCI head office

NKATI demands uninterrupted gas supply for industries

Increased focus on debt reduction damaging economy: PBIF

Unscheduled loadshedding by KE to end from today: Umar

Extra 150MW being received from NTDC, KE carrying out prolonged loadshedding

KMC to get 50 fire tenders from federal govt, says mayor

Cotton spot rate remains unchanged

TRIBUNE NEWS PAPER

Textile exporters’ liquidity crunch hinders Pakistan's exports

Asad Umar suggests businessmen to use RLNG

In Pakistan, chemical & dye importers brace for losses

Cottage industry, retailers hit hardest by Pakistan's Covid-19 lockdown

‘No more unannounced power cuts in Karachi’

EXPRESS NEWS PAPER

Value-added Textile sector facing financial crises due to non-release of Sales Tax Refund

Population wise Pakistan ranked 5th in the World

Date:  July 11, 2020

DAWN NEWS PAPER

Karachi industry slams increased loadshedding

KE may induct rental projects for limited period

FPCCI to shift head office to Islamabad

Committee to review import of goods at low rates

EOBI pensioners to get 10pc subsidy at utility stores

PPIF in collaboration with University of Health Sciences (UHS) & Launches the HELPLINE 03111000073

THE NEWS INTERNATIONAL

CEO says in public hearing: ‘KE cannot be blamed for Karachi loadshedding’

Businessmen lose patience on gas suspension, consider exit

SRB explains services input tax

Rupee gains further

Dealing with the KE muddle

BUSINESS RECORDER

K-Electric identifies ‘reasons’ behind power outages, Gas, FO not being supplied as per commitment

Loan obligations, Banks have deferred payment of principal for one year so far

Gas share to KE, Industrialists concerned over SSGC decision

CPEC project, Various proposals for new industrial estate/zone discussed

Cutting industrial gas supply ruthless: EFP chief

Cotton spot rate increases by Rs100 to Rs8500

Combined income groups, SPI up 0.98pc WoW

USC to facilitate EOBI beneficiaries thru Sahulat Card

TRIBUNE NEWS PAPER

Businessmen demand uninterrupted gas supply

State Bank relaxes regulations

SBP to lessen documentation for SMEs

NEPRA appeal to probe Karachi outages

EXPRESS NEWS PAPER

Reduction in the Manufacturing Sector it’s likely to unemployed 27 million peoples

Tariff should be equal of K-Electric until the end of load-shedding

Karachi Chamber rejected Gas load-shedding

Industry demanded uninterrupted supply of gas

EOBI “Sahulat Card” holder will get 10% discount on Utilities Store

Date:  July 10, 2020

DAWN NEWS PAPER

FBR admits blocking Rs532bn in refunds since 2014 to inflate revenue figures

IMF predicts economic recovery in Pakistan next year

PM asks aides to meet KE management to address Karachi’s power woes

SBP reserves cross $12bn

Gold price rises further

THE NEWS INTERNATIONAL

SSGC announces load-shedding for industrial consumers

Import duty collection slips 7.4pc to Rs453bln in FY2020

FBR drafts concessionary rules for raw material import

KE in contact with business associations, highlights power supply challenges

State Bank gives investment advice

Forex reserves rise to $18.790bln

BUSINESS RECORDER

FBR urged to provide details of pending refunds

FBR says revenue target achievable

FBR decides to allow importers to reclassify goods

Delay in refund claims, Inflated claims, unreported sales prime factors

Imposition of DSS on consumers, Govt fails to obtain parliament’s nod

K-Electric to get more supply from national grid

K-Electric, PM for early resolution of issues

?Business community facing demand shock?

Stable trend witnessed on cotton market

SBP stimulus hopes

Foreign reserves stand at $18.8bn

TRIBUNE NEWS PAPER

Tax refunds amount to Rs532b: FBR

Companies law tweak undone

Power cuts in Karachi to ‘end in two years’

Karachi and K-Electric - a flickering bond

Pakistan’s productivity lower than Bangladesh

SBP reserves rise $811m to $12.04b

Gold jumps to record Rs109,100 per tola

US bans PIA operations over licence issue

EXPRESS NEWS PAPER

Volume of Tax Refund in Rs.532 billion. FBR

SSGCL will provide extra Gas to K-Electric

Restored old timing of Banks from 13 July, 2020

Rs.150 to 400 reduced in price of Cotton per 40kg

Value of dollar reduced by 18 paisas

Gold further expensive, cost of per tola reached Rs.109,100

Date:  July 09, 2020

DAWN NEWS PAPER

Rate slashed to 5pc for two SBP schemes

PIA’s regular flights to UAE being restored today

Gold price spike continues

THE NEWS INTERNATIONAL

FPCCI ties new hydropower projects to energy, water security

State Bank cuts mark-up rates on refinancing facilities

Power utilities barred from charging tariff differentials

EOBI re-fixes minimum pension on FCCI demand

Gold hits all-time high of Rs108,300/tola

BUSINESS RECORDER

Companies Act 2017, Ordinance promulgated to withdraw six amendments

SBP reduces markup rate to 5pc for refinance schemes

Chief Commissioners and collectors, FBR chief issues first policy directive

Revenue Division Secretary, FBR chief assumes additional charge

FBR extends time limit

KCCI, BMP urge PM to take notice of widespread protests, sit-ins

Indonesia to resume trade negotiations with Pakistan on FTA: ambassador

PIA resumes flight operations to UAE today

Shrinking GDP, growing poverty, Experts for countering impact of coronavirus on economy

Trading volume remains low on cotton market

? touches highest ever mark

TRIBUNE NEWS PAPER

FBR keeps tax refunds secret

SBP reduces mark-up on two schemes

PM aide raises questions over sale of DISCOs

Gold climbs to new peak

EXPRESS NEWS PAPER

Standing Committee Meeting: criticized on FBR for did not disclose volume of Tax Refund

Prime Minister take notice of severe load-shedding. KCCI

Federal Govt resolve the problem of low Gas pressure. Ismail Sattar

Gold price reached on historical level per tola Rs.108300

Date:  July 08, 2020

DAWN NEWS PAPER

As interest rates rose in FY20, money poured into govt securities: SBP data

Debt deferment facility extended till Sept 30

Extension for filing Annexure-H

Suzuki raises Alto, two-wheeler prices

Gold scales new peak

Dubai reopens doors to tourists after long shutdown

THE NEWS INTERNATIONAL

Trade deficit shrank to $23.18 bn in fiscal 2019-20

State Bank extends availability of loan deferment facility

Banking deposits grow 12pc, advances up 1pc in FY2020

CRTO Karachi launches E-Katcheri

PIA further reduces its fares for domestic flights

NEPRA “NOTICE OF ADMISSION / HEARING”

BUSINESS RECORDER

Export-oriented industry: TMA calls for continuation of tariffs

Pak exports less hit than those of India, BD: Razak congratulates exporters on good performance

SBP extends deferment of principal amount of loans till Sept 30

Low gas pressure to Hub industries: EFP urges federal government to take notice

Raw cotton exports register 9.93pc decrease

Business remains stable on cotton market

EOBI pensioners to get 3-month arrears in August

Gold prices record high

PIA further cuts domestic fares

Dubai reopens doors to tourists after long shutdown

TRIBUNE NEWS PAPER

Pakistani exporters seek extension in concessions

Pakistani businessmen urge PTI govt to ease financial stress`

Penny wise, pound foolish: PTI govt forms company for trade

POL prices hiked to protect revenues

Covid-19 boosts digital economy, e-commerce in Pakistan

Start-ups hit hardest by pandemic in Pakistan

Sindh Workers Welfare Board presents budget

EXPRESS NEWS PAPER

Demanded in extension of concessionary tariff of Electricity, Gas & RLNG

Decided to set up New Company for collection of Customs dues

FBR extended filing of Form H date up to 31 July

Showed deep concerns by Chemical & Dyes Sector for ignored their proposals

Country export only 6% declined as compare with 2018-19 export. Razzak Dawood

Date:  July 07, 2020

DAWN NEWS PAPER

Foreign investors see improvement in security

PIA to charge less on domestic travel

Anti-Covid drug to be available in three weeks

NEPRA Ad, "Notice Regarding Public Hearing"

THE NEWS INTERNATIONAL

FBR paying refunds through supplementary grants

LCCI, APTMA slam load shedding

LTU Karachi exceeds June target by Rs8 billion

Ogra set to become dysfunctional from July 17

Pakistan resumes LNG spot buying as demand surges

Foreign investors concerned over spike in street crimes

BUSINESS RECORDER

Power outages, low gas pressure causing production losses: APTMA

Commissioners reluctant to issue Exemption Certificate

Protection of local industry, ‘Revenue generation prime objectives of existing tariff structure’

Customs officers, investor booked in tax evasion case

FPCCI for promotion of trade among ECO countries

OICCI Security Survey 2020, Foreign investors upbeat about improved security environment

Post-coronavirus scenario, ILO will convene special session tomorrow

PCDMA urges FBR to remove budget ‘anomalies’

Assets Declaration Scheme, FTO receives 335 complaints of taxpayers

Filers and non-filers, FBR urged to abolish distinction

Single, harmonized, integrated VAT-based ST regime, FBR gradually moving towards adoption

Bullish trend witnessed on cotton market

Nepra takes notice of complaints against KE

NEPRA Ad, "Notice Regarding Public Hearing"

TRIBUNE NEWS PAPER

Govt to withdraw all general power subsidies

Hub industries complain of low gas pressure

Businessmen dismayed by energy supply issues

SBP sets up help desk for businessmen

EXPRESS NEWS PAPER

Decided to enhance cost of electricity 14% & abolish the subsidy of electricity

F.B Industrial Area: production process affected due to low gas pressure

Domestic demand of cotton & upward trend in price of cotton

Value of dollar enhanced by 51 paisas

PIA safety rating went on bottom, given single star in rating

Date:  July 06, 2020

DAWN NEWS PAPER

Let’s watch exchange rates closely

The fault in our lines

APTMA AD, “SALUTATIONS”

THE NEWS INTERNATIONAL

What ails exports?

Covid-19: ILO to convene special session on Pakistan’s request?

BUSINESS RECORDER

WB censures power sector

First digital apparel sourcing expo to begin from 15th

Weekly Cotton Review, Market remains bullish

Load shedding déjà vu: fix the discos!

TRIBUNE NEWS PAPER

Budget and development priorities

Financing development, other key expenses

Water woes : Completion of K-IV still a distant dream

ILO to evolve strategy for laborers’ well-being

Date:  July 05, 2020

DAWN NEWS PAPER

Delay in tax refund worries exporters

FBR gets fourth new chair in two years

THE NEWS INTERNATIONAL

No relief for Karachiites as 12-hour power outages continue in several areas

No loadshedding in Karachi, claims K-Electric

IR officials empowered to recover overdue non-tax revenue

Business is no more as usual

Rupee may firm up further

BUSINESS RECORDER

Textile exporters perturbed over delays in GST refunds

Exporters reject hike in electricity tariff

Senior Member Customs Policy given charge for 3 months, FBR chairperson transferred

Bullish trend witnessed on cotton market

TRIBUNE NEWS PAPER

4th FBR chairman shown the door in 22 months

Over 54% Pakistanis face pay cuts or layoffs

Sindh opposes KE tariff hike amid power cuts

EXPRESS NEWS PAPER

FBR changed their Chairman forth time, Nausheen Javaid removed & Javaid Ghani appointed new Chairman FBR

To save from Corona automatic machine introduced for hand wash

Date:  July 04, 2020

DAWN NEWS PAPER

ECC approves up to Rs2.89 per unit raise in KE tariff

Taxes, duties on raw materials to be phased out

Foreign investors buy T-bills worth $51m in June

Emirates resumes service to four cities

THE NEWS INTERNATIONAL

Trade deficit narrows 27pc in FY2020; exports falter

Adviser stresses tariff rationalisation for ‘Make-in-Pakistan’

FBR asks retailers to deploy online invoicing system till Aug 31

$6 bn IMF programme: Govt needs to do electricity, gas tariff adjustments

ECC approves hike in K-Electric power tariff to Rs2.89 per kWh

Governor Imran Ismail berates KE for failing to keep promise to end power cuts

BUSINESS RECORDER

KE’s monopoly must be abolished: Teli

KE allowed increase in tariff

Power supply hamstrung by system constraints

Registration made mandatory for professional clearing members

Tier-1 retailers’ point of sale, FBR extends date for online integration

Cotton spot rate remains unchanged

Weekly inflation jumps 2.29pc

TRIBUNE NEWS PAPER

Trade deficit narrows to $23.2bd

Govt okays hike in K-Electric tariff

Industrialists urge govt to end KE’s monopoly

Banks, exporters can unite to tackle Covid-19

GOVT OF PAKISTAN AD “PAKISTAN’S FIGHT AGAINST COVID-19”

EXPRESS NEWS PAPER

Inflation increased by 2.29% & reached 9.77%

Karachi Chamber rejected hike in power of Rs.2.89

Record has been set up of severe load shedding. Siraj Qasim Teli

Value of dollar further reduced, per dollar reached Rs.167

Date:  July 03, 2020

DAWN NEWS PAPER

Exports show signs of revival as pace of decline slows in June

ECC to take up K-Electric tariff increase today

SBP to automate refund payments

Rupee edges up Rs1.17 vs dollar

THE NEWS INTERNATIONAL

‘June exports recover from double-digit downward trend’

Sales tax collection on imports up 13.5pc in FY20

FBR, Sindh authority fail to resolve tax collection issue

Businessmen want ‘no lockdown’

NSS profit rates increased

Rupee strengthens

Forex reserves rise to $17.971bln

BUSINESS RECORDER

2020-21, Govt may not refund 17pc ST, exporters fear

Reasons behind lower exports identified

Automation of tax refunds project: SBP seeks industry’s input

Business community rejects lockdown extension

Customs enforcement collects record Rs4,172.59m duty

Bullish trend witnessed on cotton market

Gold price plunges

Finance Act 2020, Lack of initiatives & innovations — I

TRIBUNE NEWS PAPER

‘Pakistan's exports showing signs of recovery’

Pakistani exporters fear tax refunds will remain stuck in FY21

SBP seeks input on tax refunds project

ECC to approve hike in K-Electric tariff

Rupee recovers 1.17 against dollar

EXPRESS NEWS PAPER

Governor SBP conducted online meeting with FPCCI, discussed to make automated system for tax refund

Karachi Traders announced to open markets for today

Profit rates enhanced on saving certificates, reduction for short-term

Period of six month extended to cash 40,000 prize bond

Date:  July 02, 2020

DAWN NEWS PAPER

Fresh projects put on hold till finalisation of power capacity expansion plan

PIA barred from operating out of three UK airports

Inflation rises to 8.6pc in June

Gold hits new peak of Rs105,200

THE NEWS INTERNATIONAL

Finance ministry iterates State Bank’s autonomy

Consumer inflation rises to 8.6 percent in June

New State Bank rules for Rs40,000 bonds

FBR collects Rs82 bn more than revised target

Inflation rate soars to 8.6pc in June

Cabinet approves increase in EOBI pension

BUSINESS RECORDER

Manual issuance of IT refunds allowed

Defer repayment plea of principal loans amounts, Three-month extension to NBMFCs allowed

June inflation rate edges up slightly to 8.59pc YoY

Govt fails to achieve exports target

SRB collects Rs105.9bn during 2019-20

Time limitations, FBR allows condonations up to Dec 31, 2020

FBR CECR collects Rs4,172.59m in June

KCCI chief urges govt to simplify procedures for starting a business

APCAA urges DGTO to allow elections process through electronic balloting

FY2019-20, MCC JIAP revenue target surpasses by 23.16pc

KCA announces spot rate at Rs8400 for new cotton crop

Rs40,000 denomination prize bonds, Last date for conversion/ replacement/encashment extended till Dec 31

Manufacturing slump eases as world emerges from pandemic

Sindh extends Covid-19 lockdown for 15 days

SBP Rozgar Scheme extension

POL price ‘bomb’

TRIBUNE NEWS PAPER

Reforms needed to boost e-commerce in Pakistan

SRB collects over Rs105b in revenue

Inflation soared to 10.7% in FY20

Gold continues to set new records

EXPRESS NEWS PAPER

Karachi Chamber rejected further extension in Sindh lockdown

To start new Business make ease. Agha Shahab Khan

Gold reached on its new peak, cost of per tola Rs.105200