HeadlinesGovt discerns over 24,000 properties for privatisation to raise proceeds
The cabinet was informed that around 24,066 properties fell in three brackets, rest house, federal government property and residence
Nov 3, 2018
Monitoring Report
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Headlines
EconomyAPTMA seeks $5b credit line from China for new investments and joint ventures
Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion
Nov 1, 2018
EconomyLegit manufacturers demand govt to restrict sale of illicit cigarettes
Most of these illicit cigarettes having approximately 35% market share are produced in Azad Kashmir and Khyber-Pakhtunkhwa claimed the stakeholders
Nov 1, 2018
EconomyFBR’s revenue collection rises 6.7% YoY, misses target by Rs100 billion for July-October FY19
Tax receipts for the month were recorded at Rs273 billion, which was 1.1% or Rs3 billion higher than in the same month last year (SMLY)
Nov 1, 2018
HeadlinesGovt rejects demand to extend manganese phase out plan for oil refineries
On Tuesday, the government called for the manganese phase-out plan to be implemented strictly and directed refineries to decrease its manganese content to 24 milligrams per litre of petrol within two days
Oct 31, 2018
EconomyDecrease in off-net call rates for CMOs still remains unimplemented
Initially, PTA had come forth to offer an MTR rate of Rs0.80 per minute starting December 1st, 2017 to November 30th, 2018 and Rs0.70 per minute from December 2018
Oct 31, 2018
HeadlinesOGDC suggests disputable candidates for managing director post
OGDC’s board has commenced the process for the appointment of new managing director and suggested names of officials who were working in its contracting entities
Oct 31, 2018
EconomyPC aiming to recover Rs4b from defaulters of SOEs buyers
The dues amounting to Rs4 billion are outstanding for fourteen privatisation transactions respectively
Oct 31, 2018
EconomyGovernment after gap of 1.5 years reinstates DGII powers to probe tax dodgers
In a judgement of the Lahore High Court (LHC) in July 2017, the statutory regulatory order (SRO) 116, which permitted the DGII to carry out an investigation into sales tax evasion was declared unlawful
Oct 30, 2018
HeadlinesOil industry seeks deferment on manganese phase out plan for domestic refineries
The committee requested the government to suspend its order of May 24th, 2018 to decrease manganese content in petrol to 40 milligrams per litre by March 1st, 2019 rather by November 1st of this year
Oct 30, 2018
EconomyGovt mulling to impose regulatory duty on unregistered mobile phones
It has been projected the imports of illegal phones in the country cause roughly $1.5 billion in revenue losses to the public exchequer on a yearly basis
Oct 30, 2018
EconomyAtlas Autos to invest $20m in DID assembly plant
With the new DID assembly plant, Honda bikes will further be localized and will help in reducing the country’s mounting import bill
Oct 30, 2018