` Friday, August 22, 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. 191-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 5 Dialogue Door Deadlocked ........................................................................................................................... 5 Imran seeks to cash in on US 'intervention' .................................................................................................. 6 US against any extra-constitutional changes ................................................................................................ 8 Supreme Court rejects government's plea against protests ........................................................................ 9 Prime Minister explains why he must not step down ................................................................................ 10 Lahore killings: Zardari arrives, demands registration of FIR ..................................................................... 10 Assurance given: Army to protect Constitution: Asif .................................................................................. 11 Sequence of demands needs to be altered: Khurshid ................................................................................ 12 SBP terms situation threat to economy ...................................................................................................... 12 Islamabad police chief removed ................................................................................................................. 13 Judges warned against taking oath under PCO .......................................................................................... 14 THE RUPEE: moves both ways .................................................................................................................... 15 Political turmoil hurts power-generation prospects ................................................................................... 16 Facebook account in my name is fake: FBR chief ....................................................................................... 17 First-ever Russian Naval Chief arrives ......................................................................................................... 17 PTI demands subject to approval by parliament: minister ......................................................................... 18 Nine Bagram detainees return to Pakistan ................................................................................................. 19 US offers $30 million in search for Haqqani leaders ................................................................................... 19 Israeli strikes kill senior Hamas commanders ............................................................................................. 20 Dodgy mortgages: Bank of America agrees $17 billion deal ...................................................................... 21 Germany sues Swiss bank over vanished East German cash ...................................................................... 22 Siemens wins 650-million-euro wind turbine contract .............................................................................. 22 Thai army chief named prime minister ....................................................................................................... 22 Indonesian court upholds Widodo's election victory ................................................................................. 23 Thousands flee deadly violence in northeast India .................................................................................... 24 India blocks release of Indira assassination film ......................................................................................... 24 KSE gains a foothold .................................................................................................................................... 24 ISE index gains 36.89 points ........................................................................................................................ 26 Business and Economy: Pakistan ............................................................................................................. 27 Foreign companies keen to invest in Pakistan: Zubair ............................................................................... 27 US Consul General visits PBIT ..................................................................................................................... 27 Forex reserves slip below $14 billion .......................................................................................................... 28 BACK TO HEADLINES Page 2 PLP NEWS ALERTS EMAIL No. 191-2014 SBP terms situation threat to economy ...................................................................................................... 28 Marches in Capital: prices of edible items shoot up following short supply .............................................. 29 Consumers choice award distribution ceremony on August 27 ................................................................. 30 LCCI elections: founders Group invites applications till August 27 ............................................................ 31 LCCI seeks to enhance trade volume with Australia ................................................................................... 31 Leading businessmen form new panel ....................................................................................................... 32 All Pakistan Solvent Extractor's Association members meet TDAP chief ................................................... 33 LG products recognised by EISA Awards ..................................................................................................... 33 Activities at Karachi and Qasim ports ......................................................................................................... 34 Company News: Pakistan ......................................................................................................................... 36 'Workplace safety and health is a top concern' Khawaja Muhammad Nauman, President, Employers' Federation of Pakistan ................................................................................................................................ 36 Taxation: Pakistan .................................................................................................................................... 39 First 21 days of August: provisional tax collection stands at Rs 101 billion................................................ 39 High ranked tax employees: FBR fails to implement recommendations of proceeding: FTO .................... 39 Input tax claim: KTBA resents bar imposed through web portal ................................................................ 40 Cotton and Textiles: Pakistan .................................................................................................................. 42 Prices rise amid improved demand ............................................................................................................ 42 Prices surge on cotton market .................................................................................................................... 43 Textile exports up five percent MoM ......................................................................................................... 45 Agriculture and Allied: Pakistan ............................................................................................................. 46 Speakers for adopting scientific agriculture ............................................................................................... 46 Daily trading report of PMEX ...................................................................................................................... 47 Reap accuses government of neglecting R&D sector ................................................................................. 47 Seafood exports increase by 5.68 percent in July ....................................................................................... 48 Fuel and Energy: Pakistan ....................................................................................................................... 49 Iran optimistic about timely completion of gas pipeline project................................................................ 49 Political turmoil hurts power-generation prospects ................................................................................... 49 Neelum-Jhelum transmission line to Gujranwala costs Rs 22.582 billion .................................................. 51 Fuel and Energy: World ............................................................................................................................ 52 Crude oil recovers on US economic data .................................................................................................... 52 Siemens wins 650-million-euro wind turbine contract .............................................................................. 53 Banking & Finance ................................................................................................................................... 54 Pak liquid foreign