News Clipping - Archives December 2017

TMA HEAD OFFICE 

DATE December 31 2017

DAWN NEWS

Power sector reforms

CPEC and labour

Vehicle transfer

IMC cancels advance booking orders by dodgy corporates

Pakistan to pay $3.6bn to foreign creditors

THE NEWS

Ghazanfar Bilour elected as FPCCI president

The bowl is intact

Govt must address external account deficit step up reforms PBC

FPCCI asked to support govts steps for economic growth

Rupee devaluation few benefits more costs

Resilience in Pakistans economy

Tightening debt shackles

B RECORDER

PRGMEA chief hails Miftahs appointment

PBC welcomes new finance team

Minister greets FPCCIs new office-bearers

LCCI felicitates UBGs victory

Subsidising fossil fuels to boost exports

FPCCI-elections

Sindh to have 28 industrial waste treatment plants

DAILY JANG

Pakistan is considering issuing 1 billion dollar Eurobond more

Paradise leaks FBR sought details from 31st personalities about off shore companies

Trend of declining Pakistan exports end 11% growth record

Record collection of tax expected till tonight

Express NEWS

Cotton prices reached at 7 years

Tax reforms dialogue with World Bank will begin tomorrow

FBR reluctant on implementation of decisions of tribunal of its own department


DATE December 30 2017

DAWN NEWS

Industrial revolution

US to impose anti-dumping duty on PET

Power generation from Thar coal to begin next year

Miftah touts rupee flexibility

THE NEWS

Tax amnesty scheme proposed to bring money home

Pakistan to repay $6 bn on foreign debt servicing in next six months

UBG wins majority seats in FPCCI election 2018

Economic independence linked to good governance

Taming the traffic

Many names under consideration for finance secretarys post

ECC decides to lower import bill, run power plants on LNG

New finance chief targets tax reforms, touts rupee flexibility

Ogra proposes up to 24 percent increase in petroleum products

Election year offers only bad fiscal choices to government

CPEC progress commendable in 12 months

Extension in deadline urged

Textile exports showing positive trend

B RECORDER

Prices revision tomorrow Ogra recommends hefty increase in POL prices

 FBR HQs, LTUs & RTOs to remain open till midnight today

Govt urged to resolve exports core issues

PTAB requests FBR to extend e-filing of corporate tax returns

Small traders voice concern over deteriorating L&O

SCCI chief for interest-free loan

Concern voiced over rising spending on debtservicing

LCCIs brilliant advice for beleaguered govt

State of economy

Private foreign currency account and Section 111(4) of the Income Tax Ordinance, 2001 Therevolving circle

Textile exports improve

UBG makes a clean sweep in FPCCI elections

DAILY JANG

Depressed U.S.A can stop aid to Pakistan amounting to us dollar 25 crore

Decision to reduce import bill power plant to run on L.N.G

Younus Dahgha, Arif Ahmed Khan, Yousuf Nasim Khokar, Tariq Pasha, Fawad Hussain names under consideration for secretary finance

Believe in free market want to reduce tax on income by 15% finance advisor

U.B.G win in FPCCI election.

Small traders sought help from chamber on exhortion bur glary

United business group become success full in F.P.C.C.I election

Nepra failed in protecting right of Karachi electric consumers M.Q.M Pakistan

DAILY EXPRESS

Proposal under consideration to levy interest on late payment of texes and duties

Traders concerned on increase of crimes help sought from chamber.


 

TMA HEAD OFFICE 

DATE December 29 2017

DAWN NEWS

NAB opens its door to public

Rana Afzal hints at further borrowing auction of bonds

THE NEWS

China invites Pakistan for FTA-II talks in February

Nepra reduces power tariff for Nov by Rs 3.11 unit

Forex reserves dip to $20.189 billion

FBR to start automatic exchange of information under OECD from Jan 1

FBR to brief Senate body on withholding tax anomaly

Govt urged not to raise POL prices

Miftah Ismail felicitated

Time to choose between those who developed Punjab and those who neglected Karachi 

B RECORDER

Additional 2 percent duty drawback on exports to Russia Allowed

Managing external side to be a major challenge Afzal

Tax issues will be addressed textile sector told

FPCCI annual elections today

Businessmen urged to explore trade opportunities in Chengdu

LCCI rejects possible hike in POL prices

Forex reserves decline by $194 million

LCCI hails appointment of Miftah

World Bank loans

Nepra grills CPPA consumers to get Rs 3.11 per unit refund

DAILY JANG

Exports increase due to govt initiatives imports decreased govt will give protection to bring back capital from abroad advisor finance

NEPRA decides to reduce electric tariff by Rs 3.11 per unit it will not be applicable on KE

2 officers of customs and FBR took charge

UBG will be successful by over whelming majority Iftikhar Malik

During 5 months of current fiscal year goods imported worth 9 billion 51 crore dollar

Business community should stand up for change in all institutions Mehtab Chawla

Govt will extend all cooperation for direct investment activity Muhamamd Zubair

Pakistan declared best destination for travailing in 2018

Nepra grills CPPA consumers to get Rs 3.11 per unit refund

DAILY EXPRESS

Amnesty scheme to bring wealth from abroad under consideration Minister of State

Import of furnace oil to be restricted permanent solution to be sorted out for circular debts PM

Fuel adjustment approval to reduce electric tariff by Rs 3.11

Manufacturing sector is shrinking Pakistan business council warned

FPCCI election will be held today chambers representative reached Karachi

Payment of loan forex reserves reduced by 19.9 crore dollar 

High cost of production failure in export target unemployment likely to increase


 

TMA HEAD OFFICE 

DATE December 28 2017

DAWN NEWS

Charges to stay unchanged in new Haj policy

New finance team

The year of Dars reckoning

Economic strategy

Profit repatriation by foreign firms jumps 29pc

Gold reaches two-year high of Rs56,200/tola

Miftah seeks proposals to put economy on track

India faces fiscal deficit target miss after extra borrowing

THE NEWS

Who got richer in 2017? — Here are biggest billionaire gainers

Dr Baig congratulates Miftah Ismail

Miftah assumes responsibilities as finance advisor

Swelling current account deficit poses threats to economy PBC

Multinationals repatriate $935.9mln in five months

Traders see 2018 as a year of challenges, opportunities

Entangled textiles must spin smart strategies to survive next year

High court allows BMP presidential candidate to contest FPCCI elections

Disburses Rs14bln among textile exporters

Banks to remain closed on Monday

FPCCI congratulates Miftah

B RECORDER

Central bank optimistic about C/A

Miftah for enhancing exports and economic Growth

F.P.C.C.I Congratulations “AD” to Miftah Ismail

Value Added Textile Associations facilitation advertisement of appointment of 

Miftah - to set the tone

Miftah reviews FBR performance

Business community hails Miftahs appointment

EFP voices concern over unscheduled holidays

FPCCI felicitates Miftah Ismail

APBF terms commercial banks financing ratio for SMEs pathetic

PMs export package

The Dagha style

PHC lets BMP candidate contest FPCCI poll

US GSP scheme a case of lost opportunities

Promotion of SME finance lauded

PMs package Rs2.5bn released

DAILY JANG

None Airport in 6 countries of the world

5% value added tax to be levied in 2018 in Saudi Arabia and emirates

Presidential candidate of businessmen panel allowed to contest election.

Abdul Basit Abdul Razzak becomes acting president of Karachi Chamber

All formalities completed by U.B.G to contest election. S.M. Muneer

Industrial progress and enhancement of exports is a must Raza Rabbani

Miftah Ismail is well aware with problems of business community Shoukat Ahmed

Sindh Industrial board be formed by taking all registered associations on board.

New dimensions of economic progress

DAILY EXPRESS

Advisor finance Miftah Ismail assumed responsibilities

On new year price of Petrol Diesel likely to increase by Rs. 5.20 and Rs.4.50 respectively

2nd phase of processing of pending tax cases started

Facilitation to Miftah Ismail on his appointment as advisor to prime minister on finance

Lahore chamber keen in Pak Russia joint plan

Decision to hold conference to get access in South African market

Ghulam Ali allowed to contest F.P.C.C.I election

Traders have blind faith in the leadership of U.B.G S.M Muneer


 

TMA HEAD OFFICE 

DATE December 27 2017

DAWN NEWS

Trade unions

Bitcoin vs gold

Power consumers to get real-time billing supply info via mobile app

New finance team enters with heavy agenda

No word yet on GSP renewal by US

Foreign loans compromise sovereignty says Rabbani

Bangladeshs apparel exports saved by sturdy dollar

THE NEWS

Miftah Ismail made adviser to PM on Finance

NAB orders probe into 435 Pakistanis offshore companies

Concrete efforts needed to bring economy back on track

Banks to facilitate tax collection on 31st

B RECORDER

NAB asked to initiate inquiry into offshore firms

Afzal assumes office

Miftah Ismail appointed advisor to PM

LSM-gathering-steam

Gas shortages and additions

Foreign debts make nations sovereignty vulnerable Rabbani

UBG candidate elected FPCCI VP unopposed

LCCIs suggestions for improving economy

Rationalisation of RDs

India to become fifth largest economy in 2018 

DAILY JANG

Miftah Ismial become advisor to PM on finance

Rana Afzal took oath of minister of state for finance

31st December is the last date for filing annual income tax return for corporate sector

Local investors should also be given same incentives given to Chineese

Stressed to increase Pak Italy cooperation Muhammad Zubiar

DAILY EXPRESS

Miftah Ismial become advisor to PM on finance

US dollar again reached at Rs 111/-

Policy to end extension in date of filing of return 


 

TMA HEAD OFFICE 

DATE December 25 2017

DAWN NEWS

THE NEWS

Cherry picking in FBR refund system

Twin challenges

B RECORDER

DAILY JANG

DAILY EXPRESS

Rs 136 billion theft of electricity during 4 years of present govt

Nigerian high commissioner visit Lahore chamber stressed to increase trade

UBG should not be optimistic businessmen panel


TMA HEAD OFFICE 

DATE December 24 2017

DAWN NEWS

SME policy promises Rs6bn for renewable energy projects

Big industry output expands 8.7pc

THE NEWS

Capital suggestion

Money whitening scheme FBR documents realty sector worth Rs138 billion in 2017

SBP enhances maximum loans size for micro-enterprises

B RECORDER

Prudential regulations on SME financing revised

SME strategies Banks asked to adopt non-financial advisory services

Working capital needs SBP launches refinance scheme for SME sectors

Micro-enterprises Loan size enhanced up to Rs1m

Textile Division summary on ST, CD blocked

Workshop informed Pakistan may face acute water shortage in 2025

Ghulam Ali disqualified from contesting FPCCI polls

FCCI hails Rana Afzals nomination

Cotton import APTMA voices concern over delay in withdrawing duties

FPCCI elections UBG candidate for VP slot elected unopposed

Nigerian HC invites businessmen to explore trade Opportunities

Listed companies Changes in code of corporate Governance

Revising-RD-on-various-items

PM launches SBP policy for promoting SME finance

RD on various items FBR seeks ECC nod for execution of Senate panels proposals 

DAILY JANG

DAILY EXPRESS

Stressed on enhancing trade between Pakistan and Nigeria 

BMPs presidential candidate declared disqualified Shahid But


 

TMA HEAD OFFICE 

DATE December 23 2017

DAWN NEWS

Fire breaks out in towel factory

Import duties cut on raw materials

Abbasi launches SME financing scheme

Power tariff to come down by Rs1.47/unit

Afzal set to become state minister for finance

THE NEWS

PM Abassi approves risk-sharing facility for SMEs

Two floors of towel factory gutted in New Karachi fire

Pakistan can enter global value chains via SEZs ADB

FBR collects Rs4.26bln in WHT on banking transactions

Mobile wallet remittances scheme launched

 LSM expands 8.77pc in October

B RECORDER

Rana Afzal made state minister for finance

ECC revises RD on dozens of items

PMs revised package TMA shocked over ending its role in verifying DDB

Special economic zones Pakistan urged to emulate Chinese Malaysian models

APTMA hails Lescos decision of appointing focal person

LCCI hails ECCs decision of withdrawing RD from certain items

Top 500 cos paid Rs364.3bn tax in 2016-17

DAILY JANG

Economic coordination committee regulatory duty on dozen of items reduced

Business communities have full faith on UBG Hanif Gohar

Decision to appoint parliamentary secretary Rana Afzal state minister for finance

Shah Mehmood will retire on 6th January Mohd Younus Dahgha likely to be appointed secretary finance

DAILY EXPRESS

Decision to appoint Rana Afzal State Minister of Finance. Oath will be taken on Tuesday

New Karachi Goods gutted by fire in towel factory

ECNEC approved combined effluent treatment plant

9.64% progress in large scale manufacturing

Prime Minister chairman Senate Zardari will visit federation soon

Huge foreign loans declared dangerous for countrys economy

Stressed to enhance trade with Uzbekistan

Objection on eliminating Associations role from export package 

Election campaign of B.M.P and alliance group gain momentum

RD issue is going to resolve officials gave assurance Lahore Chamber


 

TMA HEAD OFFICE 

DATE December 22 2017

DAWN NEWS

Indias visa politics

FPCCI demands appointment of finance minister

CCI rules against creation of fiscal coordination committee

Value-added textile exports rise 12pc

Reserves fall $303m

THE NEWS

Policymakers urged to get ready for fourth industrial revolution

Forex reserves down to $20.383bln

FBR falls short of Rs283bln to meet half-year revenue target

SME-friendly policies stressed for growth

Textile exports up 8 percent to $5.51bln in July-Nov

Businessmen urge joint strategy for economic uplift

Customs amends rules

Govt urged to restore trade bodies role

B RECORDER

FO brings role of PKR under CPEC spotlight

Textile exports record 7.45 percent growth YoY in November

Ministry SBP not serious in implementing PMs export package PRGMEA

PM urged to appoint full-time finance minister

Forex reserves decline $303 million

Financing gap in the external sector

Short-circuiting investment

FBR likely to miss collection target for second quarter

DAILY JANG

Govt forex reserves reduced

Under the present circumstances permanent or care taker finance minister be appointed SM Muneer

DAILY EXPRESS

Textile exports record 7.45 percent growth YoY in November

FPCCI export awards ceremony scheduled for 26th December

PAK-US business opportunities expected in February


TMA HEAD OFFICE 

DATE December 21 2017

DAWN NEWS

Karachis water woes

CPEC plan details still awaited

Tripartite labour moot

Industrialisation gaining momentum PM

Current account deficit almost doubles

India has drastically cut visas for Pakistanis

THE NEWS

CPEC concerns

State Bank set to offer mobile remittance scheme

Current account deficit nearly doubles in July-November FY18

Cotton import from India delayed till Jan

Revenue board suspends zero-rated sales tax

B RECORDER

CA deficit soars to $6.43bn in Jul-Nov

The trade noise

FBR chief opens BTB Zone RTO-II

Export-oriented industry LCCI for early resolution of all issues

Dar-nomics A postmortem

Exchange rate policy

Law drafted Citizens to get undisclosed assets legalized

DAILY JANG

Petrol diesel kerosene oil likely to increase by Rs.7 Rs.5. and Rs.6/- respectively

Electric tariff likely to reduce by Rs.1.47 per unit

F.B.R collected 11 lac tax return during 168 days. Spokesman    

Polic patrolling increased in Korangi Industrial Area Sohail Anwar Sayal   

Pakistan business group can resolve the issues of business community Ghulam Ali  Nasir Magoon

Tomorrow will be the shortest day and longest night.

DAILY EXPRESS

Due to dollar rate petrol likely to increase by Rs. 7/-

Lahore is number one in property tax evasion 80%. Revenue lost

Iftikhar Malik stressed on free trade agreement with U.S

Decision to link reducing tariff with enhancement of exports.

Deindustrialization Industrialists alarmed the bell 


 

TMA HEAD OFFICE 

DATE December 20 2017

DAWN NEWS

Yuan Proposal Puzzles Financial Circles

Industries face action for not paying minimum wages to workers

CPEC plan lost in frivolous chatter

Investors fret as SEZ entry plans face delays

Traders welcome yuan but with reservations

Rupee at its fair value SBP chief

Govt not looking for new finance minister

60m working people in country still deprived of basic rights

AD FBR 

THE NEWS

Loadshedding may end next summer power secretary

National Water Policy needed to tackle serious threat to Pakistans supply system

ICST urges govt to announce new tax formula

The wait for an economic messiah

Theres no acute water shortage in city claims Murad

FBR hell-bent on freezing bank accounts for non-compliance

Revenue body to withdraw regulatory duty on raw material

Rise of grey economy rooted in bad governance

PHMA rejects govts move

Competitive power

B RECORDER

Govt faces $12bn FY18 gap

Govt may introduce Foreign Asset Tax

Economic-corridors-development

Eroded rupee to hit manufacturing sector

Lasbela CCI demands revised trade policy

Regulatory duty list FBR chief admits analytical Errors

SEZs under CPEC made Pakistan ideal country for FDI

Tax system riddled with loopholes

Associations role vital for transparent disbursement of PMs package PHMA

LCCIs report on state of economy launched

Income inequality

DAILY JANG

Issuance of green card to foreign investors and professional by Saudi Arabia under consideration

5 driving license center will be increased in city Ghulam Qadir Tehbo

Tax system cannot go forward until business community taken on board Tariq Pasha

DAILY EXPRESS

On onward market will determine value of dollar governor SBP

Chairman FBR expressed dissatisfaction on tax audit

Industrialists reject in house effluent treatment plant 


 

TMA HEAD OFFICE 

DATE: December 18, 2017

DAWN NEWS

Rising external debt

After the rupee depreciation

Taming the twin deficits

SME Banks woes and viability

In an election year, to borrow or not to borrow

THE NEWS

Pakistan, IMF revise budget deficit target up to 5pc of GDP

In Pakistan, banking sector most vulnerable to cyber attacks

Calm before the crisis

The future of rupee

In an election year, to borrow or not to borrow

B RECORDER

Ministries squabble over EDF

CPEC-related projects China explains concessional loans

Exporters concerns

DAILY JANG

At last dollar reached at RS 112/-

Gas lodsheding 

DAILY EXPRESS

Demand to reduce cost of production for export promotion


 

TMA HEAD OFFICE 

DATE December 17 2017

DAWN NEWS

Private-sector credit off-take doubles

Trade growth in developing Asia gathers pace

FBR asked to sustain rise in tax collection

THE NEWS

Rupee depreciation to render devastating effect on growth

Govt needs to shun IMFs role in policymaking

Devaluation

Inefficient tax apparatus

Pakistan has strong industrial base Canadian HC

B RECORDER

PMs package Steps towards payment of drawback claims introduced

Textile exporters dismayed at taking associations out of equation

IMFs interference in economy mother of ills LCCI

Countrys economy becoming fragile over time Dr Pasha

New duty drawback order Value added industry feels neglected

DAILY EXPRESS

Increased external debt on Pakistan

Strong criticism on Sindh industries registration act 2017

IMFs interference in economy mother of ills LCCI

Textile sector object on new duty draw back on taxes order

Trade show in monterol under Pak Canada business Chamber  


 

TMA HEAD OFFICE 

DATE December 18, 2017

DAWN NEWS

Rising external debt

After the rupee depreciation

Taming the twin deficits

SME Banks woes and viability

In an election year, to borrow or not to borrow

THE NEWS

Pakistan, IMF revise budget deficit target up to 5pc of GDP

In Pakistan, banking sector most vulnerable to cyber attacks

Calm before the crisis

The future of rupee

In an election year, to borrow or not to borrow

B RECORDER

Ministries squabble over EDF

CPEC-related projects China explains concessional loans

Exporters concerns

DAILY JANG

At last dollar reached at RS 112/-

Gas lodsheding 

DAILY EXPRESS

Demand to reduce cost of production for export promotion

 

DATE: December 16, 2017

DAWN NEWS

Provinces aim to claw back powers in oil and gas sector

Wholesalers get a windfall following currency depreciation

Email financial statements SECP

FDI grows by 57pc

THE NEWS

No further extension in income tax returns date

Secure labour

Pakistan repays IDB $137m on its refusal to grant rollover

Pakistans foreign debt, liabilities rise 2.4 percent in July-Sept

PM invites incentives proposals from business community to boost exports

FDI jumps 57.2pc to $1.146bln in July-Nov

Listed firms to submit financial statements, reports electronically

Indian government ignored warnings over GST roll out

B RECORDER

Income tax audit FBR empowered to automatically select cases of late filers

Massive Chinese investment Country fetched over $1bn FDI in July-Nov

TDAP to hold awareness seminar on e-commerce

Banks beam

Exchange-rate-adjustment

DG PCA to report directly to chairman FBR

Gas supply closure every Sunday industrial and captive power

DAILY JANG

Pakistans economic progress speed will remain IMF mission

UBG has proved its majority before election SM Muneer

Business community should become unite to restore federation dignity businessmen panel

Govt decided not to extend any more in filing date of tax return

CNG will be closed today

Govts no plan to devalue rupee PM

PIAs USA route restored 1st flight will leave on 1st January

DAILY EXPRESS

Countrys economy and IMF

Foreign direct investment increased by  $1bn during  July-Nov

FBRs negligence revenue of Rs 385 billion blocked

Listed companies instructed to file financial statements

Car sale increased by 33% during 5 months reached to 136,000

PM sought exports plan from business community

Cotton prices reached at its peak of 7 years 


 

TMA HEAD OFFICE 

DATE: December 15, 2017

DAWN NEWS

The economy

Govt says no IMF bailout needed, mulls another bond launch

Pakistan unprepared for Fourth Industrial Revolution

Volatility recedes as rupee finds moorings

THE NEWS

Pakistan has decoupled economy from politics IMF

IMF says rupee devaluation a welcome move for economic growth

Cotton output may drop to 12.6 million bales on Punjab lows

Forex reserves fall to $20.686bln

Pakistan can become high-income economy WB

World Bank keen to conduct study on logistics services

APTMA upset over gas outage

B RECORDER

SBPs forex reserves up by $2 billion

IMF raises the alarm about fiscal deficit, external sector

BMP optimistic about 2018 FPCCI elections

Four contesting for FPCCIs presidents slot on December 29

FBR asked to extend deadline for e-filing of returns by December 31

TDAP for improving quality & value of products

APTMA Punjab chief seeks restoration of 28 percent system gas supply

Jump in trade deficit

Pragmatic case selection model for audit – I

DAILY JANG

Depreciation of rupee is a good decision IMF

Forex reserves fall to $20.686bln

Stability of rupee trend of hike in dollar changed

Election being contested to make countrys economy stable Mehtab Chawla

Today is the last day to file income tax return tax bar demands extension  

DAILY EXPRESS

IMF for softening exchange rate and stressed on tough monetary policy

Tax evaders to be brought into tax net

Rupees rate can further be deprecated IMF

SBP under compulsion to control dollar

Tax offices being given free hand to achieve revenue target

212 Pakistani companies to take part in German exhibition

Forex reserves fall to $20.686bln

ECO countries agreed to double trade 


 

TMA HEAD OFFICE 

DATE: December 13, 2017

DAWN NEWS

Rupee sees continued volatility

Bank advances record robust growth

THE NEWS

Dollar jumps to Rs112

New LNG terminal underway to meet private sectors demand

SBP sees private credit off-take to boom in Q4

German envoy urges removal of trade hiccups

Minister meets industrialists

Rupee devaluation to hurt economy

B RECORDER

Natural gas sector Ogra rules out role of proposed tariff regime

THE RUPEE PKR extends fall

German envoy wants one-shop facility for foreign investors in Pakistan

Associated firms Disclosure of investment details Mandatory

Rupee devaluation will impede economic cycle LCCI

Customs affairs Pakistan, Russia to sign agreement

Three main sources of tainted money

Its not even wrong

Unlisted securities SECP places curbs on cos making Investments

C/A deficit constitutes major challenge to economy Bajwa

DAILY JANG

Dollar record high at Rs 112, 7 rupees increase in 3 days

If SBP intervenes than rupee value will be improved Experts

Why electric and gas missing?

Sindh govt decision to register industries again established from 1991

DAILY EXPRESS

New IMF program us dollar reached at its peak to Rs 112

Decision to amend in policy frame work for electric tariff

Programe beings to outreach tax payers for tax payers

15 billion dollar deficit is a matter of concern

Us dollar 1st time reached at Rs 112

Business community expressed concern on devaluation of Pak rupee 

New mechanism for gas price is being introduced chairperson OGRA

Inflation to hit likely due to depreciation of rupee

LPG price increased by Rs 10/- per KG 


 

TMA HEAD OFFICE 

DATE: December 11, 2017

DAWN NEWS

FDI & economic growth

Rising prevalence of ATM fraud

Going towards devaluation

Demystifying trade equation

Rescuing poor big businesses

THE NEWS

Pak expats to have bank accounts in Pakistan

Depreciating the rupee

B RECORDER

Call for deregulation of exchange rate

Export opportunity in Qatar

Delay in posting policy FTO summons secy FBR, chief commissioner Sialkot

BMP vows to setup FPCCIs regional offices

7th session of Pakistan Australia Joint Trade body held at Canberra

China urges Pakistani businessmen to benefit from SHFTZ

Removal of tariff anomalies

Relying on expensive loans

PKR devaluation to exacerbate external debt burden

DAILY JANG

DAILY EXPRESS

Pakistan stressed on Australia for FTA 


TMA HEAD OFFICE 

DATE: December 10, 2017

DAWN NEWS

Exchange rate depreciation

IMF notes impressive growth

SSGCL AD RLNG available for gas connections

FBR AD advance income tax

THE NEWS

SC directs Sindh CM to give time frame for completion of water, sewerage plants in province

China aid, trade and investment

IMF team hails economic stability

B RECORDER

Twin deficits Govt trying to ease IMF concerns

Pakistan-China JCC agrees to resolve tax-related Disputes

A tale of two ports

Govt urged to clip FBRs powers

CPEC business opportunities moot to be held on 12th

System gas for industrial sector FCCI for restoration of life saving quota

DAILY JANG

IMF instructions 5 to 10% exchange rate for adjustment decision taken  

DAILY EXPRESS

Textile sector refund reached at Rs 100 billion

Increased power generation is the credit of Govt UBG leaders

Federation election will be win by overwhelming majority  


 

TMA HEAD OFFICE 

DATE: December 09, 2017

DAWN NEWS

Dollar rises to Rs107 in market-driven adjustment

In talks with IMF, Pakistan agrees to depreciate rupee

THE NEWS

Senate body seeks details of mega tax fraud cases

FBR moves ECC for rationalizing Regulatory Duty on several items

The state in the economy

Rupee devalues 3.9 percent to hit four year low on import payments

UN body advises broadening of personal income tax base

Nigerian envoy for cooperation between SMEs of both countries

Management of water must to avert economic erosion FPCCI

B RECORDER

Effective PKR devaluation SBP says weaker rupee will help economy

ECC decides to add fuel marker to SKO

THE RUPEE Dollar at Rs 107 in inter-bank market

Economy paying dearly for political instability LCCI chief

Growth in revenues

DAILY JANG

Anti-business people will get crushing defeat U.B.G leaders

Rupee value depreciated dollar stand at Rs.107

DAILY EXPRESS

Volatility in currency market dollar reached at its peak

Prime Minister assured business community to review on Rd

State Bank praised change in rupee value


TMA HEAD OFFICE 

DATE: December 08, 2017

DAWN NEWS

Gas shortage aggravates after fault in LNG terminal

Pakistans exchange rate facing risks UN body warns

Foreign exchange reserves soar to $21 billion

SBP directs banks to adopt PayPak cards

THE NEWS

FBR devises strategy to bring all army personnel under tax net

FBR to clear Rs6 billion in five-yearold sales tax refunds

Forex reserves reach 4-month high as Eurobond, sukuk proceeds land

Pakistan, China to launch online trade verification from April

B RECORDER

GSP Plus scheme UK promises to extend support

Army personnel number of tax return filers to be raised to 125,000

FBR moving summary on recently-imposed RD

$2.5 billion Sukuk, Eurobond proceeds Reserves receive a boost

US cautions its citizens against unnecessary travel

UK businesses Pakistan an opportune destination, says PM

TDAP urges exporters to register under EU’s REX system by 31st December

K-Electric accused of overcharging consumers

SBP spurs banks for adoption of PayPak cards

PTEA concerned over suspension of system gas under quota Regime

ATMs hit by skimming

Mainstream political parties consent to devising a charter of Economy

SME financing and absent data

Separating garments from textile

Information exchange with Customs China to begin by April 2018 

DAILY JANG

Mechanism ready to bring Army officials into Tax-net

Forex reserves reduced

K-Electric accused of overcharging consumers

Establishment of German Pakistan chamber of commerce is good move Murad Ali Shah

Electricity new production policy 

DAILY EXPRESS

Order to demolish illegal water hydrants and connection

USAID earmarked 35 million dollar for SMEs

TDAP instructed exporter to get them register under REX system 

Govt lifts ban on import of cotton from India

Duty free import of cotton will be disaster cotton ginners

 


 

TMA HEAD OFFICE 

DATE: December 07, 2017

DAWN NEWS

CPEC spinal corridor

Major fault in new LNG terminal disrupts gas supplies

Use CNIC to register new taxpayers Abbasi

Govt to revisit duties on raw materials

THE NEWS

Skimming scam

Company registrationsup 40pc in November SECP

Cotton cess be collected by district collectors

PM meets businessmen panel team

Indias central bank holds rates, eyes inflation

B RECORDER

PM assures industrialists Govt not given any outof- the box incentives to Chinese

Imported goods SHC to resume hearing of RD case today

UK business delegation accompanied by London Mayor

London Mayor meets Shahbaz British investors keen interest in CPEC projects

National electricity plan being devised minister

China wants to help Pakistan become an industrial economy Ashan Iqbal

Inequality our destiny

Evaluation of performance SECP asks BoDs to put in place effective mechanism

Sindh govt hampering industrialization in province

Import of cotton Govt all set to withdraw ST customs duty

DAILY JANG

Countries business community has faith on the leadership U.B.G S.M.Muneer

Pakistan is progressing due to business community of Pakistan

DAILY EXPRESS

Concerned bank will compensate consumers for losses state bank
 

Karachi chamber expressed concern on alarming rise of street crimes
 

Lahore chamber boycotts Amritsar fair
 

Chinese industries being given preference impression is not correct Prime


 

TMA HEAD OFFICE 

DATE: December 06, 2017

DAWN NEWS

London will remain open to talent from Pakistan mayor

98.5pc of Pakistans GDP is generated by its citizens says former SBP governor

State Bank wakes up to ATM skimming incidents

SC seeks time frame for completion of effluent treatment plants

THE NEWS

SBP probing debit card scam

FBR online portal to verify audit recovery notices

B RECORDER

The credit goes to textile sector

FIA launches probe into ATM fraud scam

Industrial areas Karachi Police give priority to law & order DIGP

Foreign investors said to have optimistic view of Pakistans economic future

Textile package

SBP asks bank to compensate skimming-hit customers

Minister explains why 6.2pc growth target could not be achieved

SAARC Chamber to hold  Business Leaders Enclave in Nepal 

DAILY JANG

DIG south visits Korangi Association of Trade and Industry

DAILY EXPRESS

Exporters assured to get refund by next week

Release of consignments without payment of regulator duty unearthed


 

TMA HEAD OFFICE 

DATE: December 05, 2017

DAWN NEWS

Rs10m stolen from 559 bank accounts in ATM fraud

Fiscal stress

If we knock on IMFs doors

Private sectors credit off-take quadruples

Govt keen to resolve industry issues

THE NEWS

Economic reforms: Part – III

Pakistan, Hong Kong ratify treaty to avoid double taxation

Govt keen to spur growth in manufacturing sector adviser

Policy implementation must to encourage investment competition

SAARC CCI president to visit Pakistan from today

Early release of refunds assured

B RECORDER

FBR asked to remove tariff anomalies

Pakistan-Iran FTA draft finalized

UBG manifesto can resolve traders issues

Pakistan Hong Kong ratify tax agreement

Exporters tax matters to be resolved on priority basis FBR member

Manually filed returns Field formations directed to provide info

Package for textile sector Recommendations to be finalised today

DAILY JANG

Biometric condition for Ummrah pilgrims once again suspended till 1st January

Textile sectors guniene demands will be resolved on priority basis Khawja Tanvir 

Increase in gas tariff is unavoidable chairperson OGRA

Elimination of Loadsheding

DAILY EXPRESS

Govts announced to eliminate electric loadshedding

Search of Tax payers FBR reached at Mobile Consumers


 

TMA HEAD OFFICE 

DATE: December 03, 2017

THE NEWS

The strains for trade

The one percent

FBR chief’s performance foils his removal bid

FBR blacklists over 100 companies for false refund claims

Saarc CCI calls for deeper economic cooperation with China

Chinese businessmen keen for JVs with Pakistan

‘FPCCI must restore confidence of trade bodies’

B RECORDER

Customs values of viscose suiting fabrics revised

Remove the misconceptions on CPEC

Tax returns date extended to Dec 15 

DAILY JANG

2017 petroleum price increased 9th time 

DAILY EXPRESS

Increase in prices of petroleum products

SBP hold awareness seminar on financial schemes  

2nd phase of FTA with China consultation with stake holders begins

Stressed on international environmental laws to promote exports


TMA HEAD OFFICE 

DATE: December 01, 2017

DAWN NEWS

Power surplus

POL products get pricier by 8.25pc

Revenue collection falls short of target

Reserves drop by $17.5m

Citibank sees opportunities in Pakistan

India’s economy rebounds from three-year low

THE NEWS

Ogra proposes tariff rationalisation for gas utilities

Forex reserves fall to $19.693bln

Bureaucratic delays risk downturn in economic growth

PSQCA launches licence to speed up consignment clearance

B RECORDER

Provisional figures: FBR collects Rs1.3trn in Jul-Nov

Rs1.48 increase in petrol price

Date of filing returns extended up to December 15

PSQCA seeks access to Web-based One Customs

Ownership of KCCI’s building: EPTB decision is not final, says KCCI chief

Google launches ‘Datally’ for safety of mobile data

PBIF demands action against LPG price-hike

Loans galore!

Govt has procured $1 billion loans in just 4 months!

‘Trade, Compliance of Labour Standards in Global Supply Chains’ launched

Foreign reserves slightly fall: SBP 

DAILY JANG

Electric tariff reduced by Rs. 2.25 per unit for the month of October 2017

PM photo Graph placed on website of Ministry of Finance in place of Ishaq Dar

Cheapest electricity

FBR decided to bring 2 lac non-filers into tax net   

DAILY EXPRESS

15 days extended to file income tax return

Petrol Rs 1.48, Diesel Rs 3.12, kerosene oil Rs 4.39 per liter costly

Govt reserves expected to increase by 16 billion dollar

Forex reserves within a week reduced by 1 crore 75 lac dollar

Business issues FPCCI hints for strong reaction