JETRO survey shows Japanese cos in Pakistan facing various issues, including higher import costs KARACHI: The Japan External Trade Organization (JETRO), the Japanese government’s trade and investment promotional... Published 01 Apr, 2024 05:34am
Business & Finance Condoning import-, export-related curbs: Ministerial body formed to resolve cases ISLAMABAD: The federal cabinet has constituted a three-member Ministerial Committee to resolve cases to condone... Published 30 Mar, 2024 05:36am
Print Local vendors suffer as import of used cars rises KARACHI: Pakistan has witnessed a sharp surge in the imports of used cars during the first six months of the current... Updated 14 Mar, 2024 08:45am
Business & Finance New customs values on import of shoe polish fixed ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of shoe ... Published 08 Feb, 2024 05:02am
BR Research Current account roundup: 5MFY24 The economy is unofficially in a zero current account deficit (CAD) mode, and it is an unannounced policy of SBP, as... Published 19 Dec, 2023 09:05am
Print 145 govt organisations: FBR defines ‘economic transaction’ for maintaining data ISLAMABAD: The Federal Board of Revenue (FBR) will maintain record of economic transactions of transfers of gifts... Updated 09 Dec, 2023 09:09am
Print Oil products’ import on foreign suppliers’ account: Decision not materialised due to delay in notification of SOPs ISLAMABAD: The federal government’s decision to allow import of oil products on foreign suppliers’ account through... Updated 10 Nov, 2023 09:40am
Business & Finance ‘Private sector is in the field’ There’s no plan to import wheat thru TCP: official KARACHI: The federal government has no plan to import wheat through Trading Corporation of Pakistan (TCP) as the... Published 10 Nov, 2023 03:07am
Print Govt decides to import urea on G2G basis ECC of the Cabinet also directs the Petroleum Division to holistically review the existing contracts and firm up a proposal on uniform gas pricing Updated 05 Nov, 2023 10:10pm
Business & Finance Import of goods: Customs accused of violating SBP provisions LAHORE: Customs authorities are allegedly violating the legal provisions made by the State Bank of Pakistan for... Published 23 Jun, 2023 06:00am
Business & Finance Proposals No increase in duties on import of essential items Minimum wage proposed at Rs32,000; wages of government employees... Published 10 Jun, 2023 05:20am
Print RDs on wide range of items abolished ISLAMABAD: The Federal Board of Revenue (FBR) has abolished regulatory duties on a wide range of items including... Published 10 Jun, 2023 04:39am
World India considers cutting solar panel import tax to make up domestic shortfall NEW DELHI: India is considering cutting its import tax on solar panels by half and is seeking a rollback in goods... Published 31 May, 2023 05:23pm
Print Shortage of goods, plant closures: IMF identifies import curbs as the real culprits Says financial framework underlying policies agreed with the authorities is included in staff report to be released upon IMF Executive Board’s approval of ninth review Updated 31 May, 2023 11:25am
Print 20pc customs duty, RD on import of edible oils, oilseeds proposed ISLAMABAD: The government has proposed 20 percent customs duty and regulatory duty on the import of edible oils and... Updated 04 May, 2023 09:13am
Opinion ‘The grim challenge of import addiction’ This is apropos a Business Recorder op-ed “The grim challenge of import addiction” carried by the newspaper on... Published 29 Apr, 2023 06:04am
BR Research Unwelcome surplus The current account posted a surprise surplus of $654 million in Mar-23 – highest monthly surplus in eight years.... Published 28 Apr, 2023 09:16am
Opinion The grim challenge of import addiction We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I... Updated 27 Apr, 2023 07:06am
Business & Finance Govt urged to ban import of non-essential items KARACHI: President of United Business Group (UBG) Zubair F Tufail has said that after the government lifted the ban... Published 26 Apr, 2023 06:15am
BR Research Localization of energy supply chain With import restrictions, Pakistan's import-substituting manufacturing sectors, which are highly dependent on... Published 10 Apr, 2023 09:02am
BR Research A Hawala Tsunami? A couple of months back, when the SBP Governor visited the FPCCI office in Karachi, the traders and industrialists... Published 29 Mar, 2023 08:55am
Markets Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 165,153 tonnes of cargo comprising 96,126 tonnes of import cargo and 69,027... Published 22 Mar, 2023 06:24am
Business & Finance DHL Pakistan suspends 'Import Express Product' from March 15 Restrictions on outward remittances for foreign companies cited as reason Published 27 Feb, 2023 07:11pm
Markets Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 86,198 tonnes of cargo comprising 49,417 tonnes of import cargo and 36,781... Published 09 Feb, 2023 06:02am
Markets Govt projection of achieving $3bn current account surplus in FY23 ‘unrealistic’: PBC The Ministry of Finance's prediction of achieving a surplus current account by the end of the ongoing fiscal year... Published 06 Feb, 2023 03:22pm
Print 50pc duty imposed on import of ‘Mild Hybrid Vehicles’ ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed 50 percent customs... Updated 29 Jan, 2023 10:11am
Business & Finance FBR body imposes 2pc customs duty on import of ‘PCB Boards for LED TV’ ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has declared that the ‘PCB... Updated 22 Jan, 2023 10:17am
Markets Import substitution of furnace oil: Engro LNG terminal has helped save $3bn KARACHI: Engro Elengy Terminal has successfully handled over 450 ship-to-ship transfers since its inception, as a... Published 13 Jan, 2023 06:05am
BR Research Monsters of our own making Kicking off the new year with a whimper, last week, Pakistan Suzuki (PSX: PSMC) announced it would be keeping its... Published 10 Jan, 2023 08:46am
Markets Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port Trust handled 78,492 tonnes of cargo comprising 65,989 tonnes of import cargo and 12,503... Published 06 Jan, 2023 05:58am
