Financial account not positive enough to cancel out rise in CAD: economist ISLAMABAD: Pakistan’s financial account has not been positive enough to cancel out the increase in current account... Updated 18 Sep, 2023 09:24am
Print Domestic collection improvement: FBR presents strategy to Shamshad ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve... Updated 13 Sep, 2023 08:53am
Print Artificial appreciation of PKR to encourage imports: Pasha ISLAMABAD: “The crackdown on illegal exchange dealers and envisaged investment inflows from friendly countries has... Updated 13 Sep, 2023 10:58am
Business & Finance Chinese investors meet Chairman FIEDMC FAISALABAD: Chairman FIEDMC Mian Muhammad Anas Jaan, CEO Muhammad Tanveer Jabbar had a special meeting with Chinese... Published 11 Sep, 2023 07:12am
Business & Finance Aug trade deficit widens 29.86pc to $2.126bn MoM ISLAMABAD: Pakistan’s trade deficit widened by 29.86 percent on a month-on-month basis to $2.126 billion in August... Published 02 Sep, 2023 06:30am
Opinion Trade conundrum: who is at fault? The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to... Published 28 Aug, 2023 06:27am
Print Falls under domain of Ministry of Commerce: SBP says it can’t impose ban on import of any item ISLAMABAD: State Bank of Pakistan (SBP) has stated that it cannot impose a ban on import of any item as it falls... Updated 28 Aug, 2023 08:44am
BR Research Crisis of confidence The currency touched its lowest value yesterday. PKR/USD closed at 299 and is all set to cross the psychological... Updated 23 Aug, 2023 10:30am
Print All govt agencies required to implement PCA of imports, exports ISLAMABAD: The Federal Board of Revenue (FBR) has made it compulsory for all the government agencies integrated with... Updated 22 Aug, 2023 09:56am
Business & Finance FBR decides to implement IRMS thru PSW ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement an Integrated Risk Management System (IRMS)... Published 22 Aug, 2023 06:03am
BR Research CAD roundup: scary start to FY24 The current account is back in the red with relaxation on imports, a condition of the SBA with IMF. The deficit... Updated 21 Aug, 2023 08:56pm
Opinion New tenants in ‘Block Q’ neighbourhood The macro numbers are not showing a good picture. Inflation is creeping up again. The current account posted a... Updated 21 Aug, 2023 07:53am
Print PSW integrates digital services with four govt depts ISLAMABAD: Pakistan Single Window (PSW) has successfully integrated its digital services with four government... Updated 18 Aug, 2023 09:12am
Business & Finance FBR suffered no loss on account of ‘unlawful clearance’ of goods during import ban? ISLAMABAD: The Federal Board of Revenue (FBR) has suffered no revenue loss on account of alleged unlawful clearance... Published 10 Aug, 2023 06:35am
Print Rs9.4trn revenue collection target: FBR required to rely on policy, some other steps ISLAMABAD: The Federal Board of Revenue (FBR) will heavily rely on policy and administrative/ enforcement measures... Updated 09 Aug, 2023 09:27am
Opinion LSM sector travails Large-scale manufacturing (LSM) sector, as per data released by the Finance Division, registered negative 8.1 ... Published 07 Aug, 2023 06:34am
Business & Finance Chinese firm to import 5,000 tons of chillies from Pakistan LAHORE: Chinese leading food firm “Litong Foods” is all set to enter into a joint venture with a Pakistani firm... Published 07 Aug, 2023 06:34am
Print Pakistan’s imports of Russian crude face port, refinery, currency constraints KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite... Updated 01 Aug, 2023 08:56am
Business & Finance Imported vintage cars: MoC set to seek cabinet’s nod for release ISLAMABAD: The Ministry of Commerce (MoC) is all set to seek the federal cabinet’s approval for allowing the... Published 01 Aug, 2023 06:19am
Print Senate body approves ‘Imports and Exports (Control) Bill 2023’ ISLAMABAD: The Senate Standing Committee on Commerce, unanimously, approved, “The Imports and Exports (Control)... Updated 28 Jul, 2023 02:37pm
Print Vegetable ghee/cooking oil: ECC allows export from EPZs, MBs, EOUs to Afghanistan ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly allowed export of vegetable... Updated 26 Jul, 2023 01:18pm
Print ECs can import dollars in cash through cargo or security companies KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars... Updated 26 Jul, 2023 04:21pm
Print FY23: POL products worth $1.182bn imported by Pakistan on deferred payment basis ISLAMABAD: Pakistan imported petroleum products worth $ 1.182 billion on a deferred payment basis under the Saudi... Updated 25 Jul, 2023 12:19pm
Business & Finance KCCI urges SBP to take notice of banks’ denial to issue LCs KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep... Published 25 Jul, 2023 06:20am
Editorials Rise in clearance of imports, exports EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased... Updated 22 Jul, 2023 06:40am
Print ‘Green channel’ facility: FBR increases clearance of imports and exports to 66pc ISLAMABAD: In a major trade facilitation step, the Federal Board of Revenue (FBR) has increased the clearance of... Updated 21 Jul, 2023 09:29am
Pakistan YoY: Pakistan’s trade deficit shrinks 43% to $27.6bn in FY23 In FY22, trade deficit stood at a whopping $48.35 billion Contraction in deficit comes on back of restrictions on imports Updated 19 Jul, 2023 03:07pm
Editorials Import payments and dollar reserves EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ... Updated 13 Jul, 2023 05:11am
Print Inward flows of dollars to create breathing space: ministry ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of... Updated 12 Jul, 2023 08:51am
Print PM optimistic about country’s agri prospects ISLAMABAD: Prime Minister Shehbaz Sharif has termed the agriculture sector as backbone of the country, saying, it is... Updated 11 Jul, 2023 09:00am