Auto sector woes: Hinopak suspends assembly plant operation Cites hurdles in opening Letters of Credit for import of raw materials as reason Updated 21 Mar, 2023 03:46pm
Business & Finance Jul-Feb CA declines 68pc YoY KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal... Published 21 Mar, 2023 06:29am
Opinion Falling exports and imports The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme... Updated 21 Mar, 2023 07:01am
BR Research IMF: agreement in sight? It has been more than four weeks since the IMF staff concluded its technical talks for the pending 9th review. Yet,... Published 14 Mar, 2023 09:16am
Opinion Containment of imports The latest international trade statistics for the period, July to February, 2022-23, have just been released by the... Published 14 Mar, 2023 03:18am
Print Mar-Sept key imports: govt needs $8.5bn Petroleum Division submits financing requirements to government for the seven months so that appropriate arrangements may be made in time Updated 14 Mar, 2023 11:12am
Markets Govt looks to achieve zero 'Unaccounted for Gas' losses by end of tenure: Musadik Malik Minister of State for Petroleum Dr Musadik Malik on Monday said that Unaccounted for Gas (UFG) losses of gas... Updated 13 Mar, 2023 07:31pm
Print Import curbs to be eased after IMF review: SBP chief Jameel Ahmed says pressure of inflation will remain for two to three months Updated 09 Mar, 2023 12:37pm
Business & Finance Auto raw material, CKD: PAAPAM urges govt to ease import restrictions LAHORE: As the car manufacturing in the country has almost closed down due to non-availability of raw material, the... Published 09 Mar, 2023 06:23am
Business & Finance Scrap shortage crisis compounding: PALSP ISLAMABAD: Due to lack of letters of credits (LCs) being opened, the domestic scrap shortage crisis is compounding... Published 08 Mar, 2023 06:20am
Markets OGRA manipulating pricing of petroleum products: OMAP LAHORE: Oil Marketing Association of Pakistan on Sunday demanded that exchange rate adjustments should be passed on... Published 06 Mar, 2023 07:16am
Print ECC likely to approve SG for population and housing census ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Monday (today) is... Updated 06 Mar, 2023 08:45am
Business & Finance SBP expedites proceedings against exporters for realisation of e-forms LAHORE: The State Bank of Pakistan (SBP) has expedited proceedings against exporters for realization of E-forms by... Published 04 Mar, 2023 06:50am
Print 25pc ST on luxury goods’ import awaits cabinet’s nod ISLAMABAD: Federal Cabinet has yet not approved 25 percent sales tax on the import of hundreds of luxury items and... Updated 04 Mar, 2023 09:03am
Print Policy rate hiked by 300bps to 20pc to tame inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key... Updated 03 Mar, 2023 08:53am
Print Steel industry concerned at interest rate hike ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability... Updated 03 Mar, 2023 09:01am
Print NA body asks govt to remove obstacles to IP gas pipeline project ISLAMABAD: A National Assembly panel was informed on Thursday that because of the International Monetary Fund’s... Updated 03 Mar, 2023 08:51am
Print 25pc GST on luxury items: FBR will move a summary ISLAMABAD: The Federal Board of Revenue (FBR) will move a summary to the federal cabinet for imposing a higher rate... Updated 28 Feb, 2023 09:36am
Print PPRA declines giving exemption to Exim Bank ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has turned down a proposal of Exim Bank for exemption... Updated 27 Feb, 2023 08:43am
Print Sales tax, other issues: FBR invites textile exporters to a moot ISLAMABAD: The Federal Board of Revenue (FBR) has invited all textile exporters to a moot at FBR headquarters on... Updated 27 Feb, 2023 08:43am
Print Equipment import: IPPs seek amendment to SBP’s circular ISLAMABAD: Independent Power Producers (IPPs) have sought amendment to State Bank of Pakistan (SBP) Circular of... Updated 25 Feb, 2023 09:00am
Print Import of luxury items ST: FBR empowered to impose higher rate of 25pc ISLAMABAD: The Finance (Supplementary) Act, 2023 has empowered the Federal Board of Revenue (FBR) to impose a higher... Updated 24 Feb, 2023 08:45am
Business & Finance FBR to continue inspecting vehicles having no import papers ISLAMABAD: The Federal Board of Revenue (FBR) will continue the search and inspection of vehicles of goods... Published 23 Feb, 2023 06:35am
Opinion Let’s tighten our belts for one year: all will be well There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the... Updated 23 Feb, 2023 06:14am
Business & Finance Delay in LCs’ retirement may lead to controversies involving forged documents LAHORE: Undue delay in the retirement of Letters of Credit (LCs) documents by banks may lead to further ... Updated 23 Feb, 2023 07:19am
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Business & Finance Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ... Published 21 Feb, 2023 05:57am
Print Imposing/raising time-bound RDs, ACDs: FBR extends time period to March 31st for over 600 luxury items ISLAMABAD: The Federal Board of Revenue (FBR) has decided to extend the time period up to March 31, 2023, for... Updated 21 Feb, 2023 09:00am
Business & Finance Pakistan’s REER index falls to 92.8 in January Experts attribute development to rupee’s massive depreciation against US dollar in January Updated 20 Feb, 2023 06:30pm
Opinion A great social and political upheaval is coming? There are two extremely discomforting economic phenomena unfolding simultaneously in Pakistan – one is dangerously... Published 20 Feb, 2023 06:26am