In pursuit of (hot) money
These speculative capital flows can move in and out very quickly, potentially leading to currency instability.
Nasir Jamal
Textiles languishing by the wayside
In Bangladesh, textile exporters have their office in the prime minister’s office for quick resolution of issues.
Reversal of GIDC ordinance ‘unfortunate’, bemoan businessmen
Withdrawal of the ordinance will mean continuation of the years-long legal wrangling between government and defaulters.
Weight of the stabilisation policies
The new fiscal year has indeed started on a ‘positive note’ as the prime minister’s economic team apprised him...
Subsidised gas supply to two fertiliser plants to continue till November
The supply of subsidised RLNG to urea manufacturers for a certain period is allowed by the ECC of the Cabinet.
Cement sales inch down
The industry’s capacity utilisation also dropped sharply to 70pc.
The unsurprising contraction
LSM’s decline is going to be sharper in the first two quarters of the current year.
The downside of having a stability programme
Pakistan cannot afford a protracted economic slowdown.
Punjab plans public-private partnership to improve infrastructure
Bill to be tabled in assembly to create independent body
For textile exporters, sales tax refund bonds yield little more than a headache
1,000 firms availed bonds worth Rs17bn that have failed to develop a secondary market.
Small business’s shrinking space
‘The ongoing fiscal and monetary measures will result in a significantly large number of enterprises closing down for...
Incentivising local industry
‘We need to have new industrial zones in every city with a population of one million people.
FBR drafts new rules to expedite refund claims processing
Exporters who do not file form ‘H’ – mandatory to claim refunds – along with their monthly returns will get 120 days.
Auto workers may lose jobs as sales plummet
Auto sales have declined by 7pc in the last financial year with experts fearing the market to shrink further by 15-20pc.
Dejected textile sector needs cheering up
‘The withdrawal of zero-rating will tie up Rs424bn of working capital in the refund regime for a six-month cycle’.
Ogra objects to audit of its functions by AGP
Seeks reversal of an order issued by a sub-committee of the NA's Public Accounts Committee.
PM hints at low-cost credit for machinery purchase
PM reiterates his government’s resolve to implement new tax measures announced in the budget for the present year.
Reviving the housing sector
‘A better way to reduce the growing housing gap is to give tax advantages and other incentives to builders.
Honda halts production in Pakistan, Indus to follow
Honda had kept its plant closed for two days earlier last week.
Engro’s big dreams
‘We want to become the largest exporter of Pakistan… by supplying to the Chinese market’