MAJOR NEWS TODAY: 04-Feb-2014

12 views

1 min read

MAJOR NEWS TODAY:

1. Peace talks between Pakistan and Taliban kick off today

2. Pakistan extends assurance to US that all possible measures will be taken to curtail illegitimate use of commercial explosives

3. IMF mission hails government’s efforts on economic reforms

4. CPI for January 2014 clocks in at 7.9%YoY

5. Government releases Rs179bn for development projects in YTD FY14 vs. FY14 target of Rs540bn

6. NSS witnesses Rs22bn outflows in December 2013

7. Government set to deregulate petrol prices

8. Textile City to be launched in April

9. Cotton arrivals reach 13.1mn bales in YTD FY14, up 5.83%YoY

10. Gas production continues to decline

11. Uch power plant closed after gas pipeline blast

12. IPPs say switch to coal from oil taking too long; delay in finalizing policy holding investors back

13. Traders says Pharma companies have increased prices by 15%

14. Suzuki supports auto parts imports from India

15. Karachi Electric (KEL) sukuk to be listed at KSE, ISE and LSE

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

View all posts