EconomyFBR put in the dock for blocking clearance of textile machinery
Aug 8, 2018
Monitoring Report
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
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Economy
HeadlinesMake discos more efficient, asked the incoming PTI government
Aug 7, 2018
EconomyExchange companies exploit general public with Eid up ahead
During the outgoing week, currency dealers have been earning Rs7 to Rs9 per dollar by buying US currency as low as Rs114-117 per dollar and selling the same at Rs122-123.
Aug 5, 2018
EconomyPTI earmarks $2 billion for e-governance systems
The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years
Aug 4, 2018
HeadlinesGovt raises inspection fee for LPG installations
New rules devised by the Department of Explosives of the Ministry of Industries and Production (MoIP) has seen the hiring of its own third-party inspectors aside those Oil and Gas Regulatory Authority (Ogra) has
Aug 4, 2018
EconomyForeign office bars government officials from unauthorized remarks about CPEC
The decision comes after a statement was given by Planning Commission's chief economist to Wall Street Journal created a furore in Beijing
Aug 4, 2018
EconomyFall in furnace oil demand, decrease in subsidies dented revenue collection in FY18: FBR
The report highlighted it made excessive refund adjustments during FY18, as the banking sector’s declining profits and fall in withholding tax on telecom sector were the primary reasons for the decline in revenue collection
Aug 4, 2018
EconomyFBR to dispatch tax notices to 600-700 people owning properties in UK
The identified individuals are said to be receiving rental income from owning expensive properties in the UK and failed to declare these assets under the tax amnesty scheme that lapsed on 31st July 2018
Aug 4, 2018
HeadlinesChinese company acquiring Fauji Foods was embroiled in milk contamination scandal: Report
Inner Mongolia Yili Industrial Group Co is China's largest dairy company
Aug 3, 2018
EconomyUrea prices surge to Rs1,800 per bag, as supplies dwindle
During the last nine months, the prices of urea have risen by Rs450-550 per bag from Rs1,250-Rs1,300 per bag
Aug 3, 2018
EconomyPTI govt to start construction of TAPI pipeline
The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects
Aug 3, 2018
EconomyPakistan secures $200 million loan from Standard Chartered to finance LNG imports
During FY18, Pakistan imported $2.5 billion of LNG to operate power plants and was 87 percent higher than FY17, as per data released by Pakistan Bureau of Statistics (PBS)
Aug 3, 2018