` Tuesday, July 15, news 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. 164-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 5 Pakistan-India trade: prospects of bilateralism bleakened .......................................................................... 5 Operation, facilitation of IDPs: adequate resources to be made available: Dar .......................................... 6 Chairman PTI annoyed with Governor Khyber Pakhtunkhwa ...................................................................... 6 Hospital, colleges to be set up in North Waziristan: Shahbaz ...................................................................... 7 BoI prepares business improvement plan .................................................................................................... 8 Government welcomes Moody's bond upgrade to stable ......................................................................... 10 No urea import from Iran due to curbs on POL items: National Assembly panel informed ...................... 11 Citigroup to pay $7 billion to settle US mortgage suits .............................................................................. 13 Error in MEFP: Corrigendum submitted to IMF .......................................................................................... 13 42 major cooperative schemes: FBR collecting data for CVT recovery ...................................................... 14 Decision on increase in gas tariff put off .................................................................................................... 16 Debt servicing: Pakistan to pay $1.3 billion to IMF in fiscal year 2015 ....................................................... 17 Eighth NFC Award: process to be completed by fiscal year 2015-end ....................................................... 18 Unscheduled load shedding being carried out, concedes Asif ................................................................... 19 China, Pakistan, Malaysia list US greatest threat: Pew ............................................................................... 21 Stocks snap losing streak ............................................................................................................................ 21 BRIndex30 256.8 points higher ................................................................................................................... 22 Business and Economy: Pakistan ............................................................................................................. 23 Eighth NFC Award: process to be completed by fiscal year 2015-end ....................................................... 23 Pakistan-India trade: prospects of bilateralism bleakened ........................................................................ 24 KEPZ shows remarkable export increase in June ........................................................................................ 25 Pak-China Economic Corridor: Prime Minister to chair steering committee meeting today ..................... 26 Anjum Nisar appointed member of EPZA's BoD ......................................................................................... 27 15 members of KCCI's MC to retire on September 30 ................................................................................ 27 Consumer Promotion campaign Samsung announces lucky winners ........................................................ 28 Activity at Karachi and Qasim ports ............................................................................................................ 28 New pay scales for PRAL employees approved .......................................................................................... 30 Government allocates Rs 39 billion for NHA projects in Sindh ................................................................... 31 'Modaraba/Musharika' scam: affected people asked to submit claims within 15 days ............................ 32 Company News: Pakistan ......................................................................................................................... 33 Attock Refinery Limited .............................................................................................................................. 33 Habib Metropolitan Bank declares PLS profit rates .................................................................................... 35 BACK TO HEADLINES Page 2 PLP NEWS ALERTS EMAIL No. 164-2014 Cotton and Textiles: Pakistan .................................................................................................................. 37 Cotton market: firm trend seen amid improved activity ............................................................................ 37 Textile minister to raise power supply issue with Nawaz ........................................................................... 38 Agriculture and Allied: Pakistan ............................................................................................................. 40 No urea import from Iran due to curbs on POL items: National Assembly panel informed ...................... 40 July-May of fiscal year 2014: non-Basmati rice export records 15.64 percent growth .............................. 41 Cotton, maize and sugarcane crops: met Office warns farmers of pest, viral attacks ............................... 42 Daily trading report of PMEX ...................................................................................................................... 43 Facilitating mango farms: government to introduce small hot water treatment plants: minister ............ 43 May tobacco export dips by 65.35 percent ................................................................................................ 44 Taxation: Pakistan .................................................................................................................................... 45 Certain field formations defying FTO''s orders ........................................................................................... 45 Taxation: World ......................................................................................................................................... 47 WTO says US anti-dumping duties on Chinese products wrong ................................................................ 47 Fuel and Energy: Pakistan ....................................................................................................................... 48 Senate body visits Engro's Terminal Site at PQA ........................................................................................ 48 Sehri, Iftar, Taraveeh: no respite from loadshedding ................................................................................. 48 Thar Coalfields' project: Sindh government fails to initiate 'Water Master Plan' ...................................... 50 Fuel and Energy: World ............................................................................................................................ 51 World oil prices little changed .................................................................................................................... 51 Asian naphtha cracks higher ....................................................................................................................... 52 Indonesia's coal production, exports up in H1 2014 .................................................................................. 52 Markets ...................................................................................................................................................... 54 LSE gains 25.15 points ................................................................................................................................. 54 ISE-10 index stays bullish ............................................................................................................................ 54 Crackdown against profiteers; 390 fined, 30 arrested ............................................................................... 55 BR Research: All ....................................................................................................................................... 56 Coal projects: slow but progressing ............................................................................................................ 56 Pakistan charms Moodys ............................................................................................................................ 57 Oops! He did it again ................................................................................................................................... 58 Political capital slipping away ..................................................................................................................... 59 Crime Records ........................................................................................................................................... 61 Lahore killings: chief minister's, others' phone numbers given to ISI ........................................................ 61 Israeli aggression kills 5 in Gaza, toll exceeds 2012 war ............................................................................