` Thursday, September news 04, 2014 updates Office # 05, Ground Floor, Arshad Mansion, Near Chowk A.G Office, Nabha Road Lahore. Ph. 042-37350473 Cell # 0300-8848226 NEWS OF Mail to: [email protected], [email protected] THE DAY PLP NEWS ALERTS EMAIL No. 202-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 6 A step back from the brink............................................................................................................................ 6 Supreme Court seeks suggestions for judicial way out ................................................................................ 9 Gallup survey: 69 percent believe army not behind marchers ................................................................... 10 US underscores need for dialogue .............................................................................................................. 11 PPP won't countenance use of force: Zardari ............................................................................................. 12 Zardari arrives in Islamabad, speaks to Prime Minister .............................................................................. 12 Imran issues stern warning to complacent workers ................................................................................... 13 Qadri hits out at Khursheed's anti-PAT remarks ......................................................................................... 14 WEF improves Pakistan's competitiveness ranking .................................................................................... 15 Policy framework for unutilised gas: Ministry to seek ECC approval ......................................................... 16 Deadlock persists but negotiators optimistic ............................................................................................. 18 Government insists polls were quite fair .................................................................................................... 19 910 terrorists killed since start of Zarb-e-Azb ............................................................................................. 20 THE RUPEE: modest gains ........................................................................................................................... 20 M2 growth continues to move downward ................................................................................................. 22 Commissioning of naval airbase in Turbat a milestone: Sandila ................................................................ 23 Sindh government rejects Pildat Survey ..................................................................................................... 23 Qureshi faces hostile moments .................................................................................................................. 24 IS pamphlets distributed in NW .................................................................................................................. 24 Spread of Naegleria: Sindh chief minister seeks an explanation from KW&SB .......................................... 25 PSM clarification ......................................................................................................................................... 25 Corruption costs poor countries $1.0 trillion a year ................................................................................... 26 Obama calls for anti-jihadist front as France, UK weigh strikes ................................................................. 27 Smartcard chip cartel: EU fines Samsung, Philips and Infineon ................................................................. 28 US rises to third in competitiveness table: WEF ......................................................................................... 29 Fed sets tough cash requirements for big banks ........................................................................................ 29 Stocks consolidate gains ............................................................................................................................. 30 BRIndex30 up 144.08 points ....................................................................................................................... 31 Business and Economy: Pakistan ............................................................................................................. 32 LCCI donates Rs 9.7 million to hospitals, NGOs .......................................................................................... 32 Anti-smuggling mobile squad accused of harassing KP traders.................................................................. 33 Aasim Siddiqui elected unopposed as APSA Chairman .............................................................................. 34 BACK TO HEADLINES Page 2 PLP NEWS ALERTS EMAIL No. 202-2014 Activity at Karachi and Qasim ports ............................................................................................................ 34 Cargo express train revived after three years ............................................................................................ 35 TUV Austria organises ISO certification training session ............................................................................ 36 Neighbouring countries: 'TDAP playing vital role in enhancing trade' ....................................................... 37 Neighbouring countries: 'TDAP playing vital role in enhancing trade' ....................................................... 37 Company News: Pakistan ......................................................................................................................... 39 PSO announces record sales revenue, profit & EPS in fiscal year 2014 ..................................................... 39 Prosperity Weaving Mills Limited ............................................................................................................... 40 Taxation: Pakistan .................................................................................................................................... 42 Customs clearing agents in ATT scam: Tribunal sets aside all show-cause notices .................................... 42 PRA evolves 'Punjab ST on Services (Enforcement) Rules-2014' ................................................................ 43 Six IRS officials get additional charge .......................................................................................................... 46 GDs fee to be used for computer system upgrade ..................................................................................... 46 Telecom sector: Islamabad LTU suffers Rs 9.78 billion revenue loss ......................................................... 48 Contingency expenses, loan: FBR sets up board to approve utilisation of CPF .......................................... 49 Increase in WHT may put an end to 'on money' practice ........................................................................... 51 Cotton and Textiles: Pakistan .................................................................................................................. 53 Cotton market: trade activity slackens on slow phutti arrivals .................................................................. 53 1.76 million bales of cotton reach ginneries: PCGA .................................................................................... 54 Outstanding refunds: APTMA chief urges government to speed up process ............................................ 54 Agriculture and Allied: Pakistan ............................................................................................................. 56 PPCBL gives Rs 9,162 million agriculture loans in 2013-14 ......................................................................... 56 High flood level likely in Ravi, Chenab rivers .............................................................................................. 56 Drought victims: body to ensure transparent wheat distribution .............................................................. 57 KBP urges government to announce demand price for Basmati, IRRI ....................................................... 58 Cotton, sugarcane crops: farmers advised to take measures against viral, pests attacks ......................... 58 Daily trading report of PMEX ...................................................................................................................... 59 PSM clarification ......................................................................................................................................... 60 Sacrificial animals markets spring up in Karachi ......................................................................................... 60 About 3.758 million tons of meat to be produced in 2014-15 ................................................................... 61 Agriculture extension services in KP: PARC, JICA sign MoU for capacity development ............................. 62 Fuel and Energy: Pakistan ....................................................................................................................... 63 PSO announces record sales revenue, profit & EPS in fiscal year 2014 ..................................................... 63 Policy framework for unutilised gas: Ministry to seek ECC approval ........................................................