News Flash – 18th May, 2012

Posted by on May 18, 2012 No comments
1) 20 MW hydro power projects established by private Two hydropower projects are going to be established by an innovative private entrepreneur with the capacity of 20 Mega Watt electricity in the far-flung district Chitral of Khyber Pakhtunkhwa. 2) LPG price fell by Rs. 10 per kg On Thursday the price of Liquefied Petroleum Gas (LPG) fell by Rs 10 per kilogram. Inn accordance with the private new Read more...

News Flash – 17th May, 2012

Posted by on May 17, 2012 No comments
1) Export of 0.4million tons of sugar approved by ECC Pakistan’s powerful sugar industry has secured an approval from the Economic Coordination Committee (ECC) of the Cabinet for export of 0.4 million tons of sugar. 2) IMF mission reschedules visit before budget announcement The IMF’s mission is not coming for holding consultation with Pakistani authorities prior to upcoming budget, in the wak Read more...

News Flash – 16th May, 2012

Posted by on May 16, 2012 No comments
1) FDI decreases by 48% in 10 months Owing to adverse law & order situation the Foreign Direct Investment (FDI) has decreased by 48% during the first ten months (July-April) of current fiscal year mainly due to lack of foreign investors’ interest. 2) In April FPI inflows recorded at $17.7m The Foreign Portfolio Investment (FPI) recorded inflows of $17.7 million in April 2012 in the equit Read more...

News Flash – 15th May, 2012

Posted by on May 15, 2012 No comments
1) 80% GST collection is to be distributed among provinces On Monday the federal and provincial governments agreed that 80% of the total GST collection on services, for the first six months of 2011-12, ought to be distributed among the federating units till a consensus is reached on new distribution formula. 2) Today ECC scheduled to approve issuance of PPTFCs On Tuesday (today) Economic Co-ordina Read more...

News Flash – 14th May, 2012

Posted by on May 14, 2012 No comments
1) Power shortfall reduces to 5,500MW On Friday the electricity shortfall in the country further reduced to 5,500 MW from 6,500 MW as the total generation was recorded as 10,607 MW against the demand of 16,107 MW during the last 24 hours. 2) Government expected to extend Rs 12.2 billion sovereign guarantee to NITL The government has made a decision to extend sovereign guarantee of Rs 12.2 billion Read more...

The Much Overlooked SMEs of Pakistan

Posted by on May 14, 2012 No comments
A number of countries such as India, china, Thailand have been giving extra emphasis to their small and medium sized business as they are a major contributing factor to any country’s GDP. This is why they have emerged from underdeveloped to rapidly developing countries. SMEs can play a key role to counter economic issues such as poverty and unemployment.  They can act as a catalyst towards econ Read more...

Industrialists Shifting Towards Alternative Power Generation

Posted by on May 14, 2012 No comments
Pakistan lost 3% of its GDP this year due to severe shortages of electricity and gas to the industrial sector. Industrialists from Faisalabad and Sialkot have been complaining how they are not able to operate their plants due to lack of energy. Therefore, they can’t compete in the international markets. Their cost of doing business has gone up and they are often unable to deliver in time. This h Read more...

News Flash – 11th May, 2012

Posted by on May 11, 2012 No comments
1) Government sets 4.3% growth target, Rs 825.2 billion development outlay for fiscal year 2012-13 On the conclusion of the daylong meeting of the Annual Plan Co-ordination Committee (APCC) the government has set 4.3% growth target and Rs 825.2 billion development outlay for the next fiscal year. 2) GST cut on POL products expected The government is planning to reduce General Sales Tax (GST) on pe Read more...