India hopeful of rupee trade with Russia after imports surge NEW DELHI: India is hopeful of a rupee trade with Russia, a trade ministry official said on Monday, as government... Published 17 Jan, 2023 06:02am
Print Remittances, export proceeds: ECAP seeks special exchange rate KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has... Updated 17 Jan, 2023 11:22am
Print LCs issue: CMOs likely to get force majeure for new projects ISLAMABAD: The government is likely to grant force majeure to cellular mobile operators (CMOs) for 10 new... Updated 17 Jan, 2023 08:55am
Pakistan PKI warns of protests if import of pesticides, seeds not allowed soon LAHORE: The Pakistan Kissan Ittehad (PKI) has requested the government to instruct the State Bank of Pakistan (SBP)... Published 16 Jan, 2023 07:56am
Business & Finance Govt focusing on CPEC-SEZs to enhance exports: SEZA chief LAHORE: Special Economic Zones under China Pakistan Economic Corridor (CPEC-SEZs) were one of the main focuses of... Published 16 Jan, 2023 06:18am
Business & Finance APTMA bemoans raw material shortages KARACHI: The country’s largest export-oriented textile industry is facing a severe crisis of raw material and the... Updated 14 Jan, 2023 08:41am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Business & Finance PHMA calls for PM’s intervention over SBP’s restrictions LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ... Published 13 Jan, 2023 06:05am
Print NA body approves ‘Imports and Exports (Control) Amendment Bill, 2022’ The Import and Export (Control) Act, 1950 is the primary legal instrument which provides the legal basis for the conduct of international trade of Pakistan Updated 11 Jan, 2023 09:01am
Print Steel prices surge to all-time high level KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw... Updated 11 Jan, 2023 10:24am
Opinion Pakistan’s deepening crisis Pakistan’s crisis is deepening by the day. First and foremost, it’s the economy stupid! Pakistan has throughout its... Updated 10 Jan, 2023 06:47am
Opinion Faltering exports The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we... Updated 10 Jan, 2023 06:51am
Print Govt criticised for allowing import of luxury cars KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic... Updated 10 Jan, 2023 09:06am
Business & Finance Car making components: FBR to charge 15pc duty on import ISLAMABAD: The Federal Board of Revenue (FBR) will charge 15 percent customs duty on the import of components for... Updated 10 Jan, 2023 09:03am
Editorials Expenditure must be curtailed EDITORIAL: The government is in the throes of an acute dollar and rupee shortage (attributable to lack of fiscal... Updated 10 Jan, 2023 06:42am
Business & Finance Brazil posts record trade surplus of $62.3bn in 2022 BRASILIA: Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the ... Published 09 Jan, 2023 07:09am
Business & Finance Economy is in dire straits, warns BMP LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has warned that... Updated 09 Jan, 2023 06:21am
Print Economy: EAG underscores need for reforms ISLAMABAD: The Economic Advisory Group (EAG) has called for necessary reforms to transform Pakistan into a globally... Updated 07 Jan, 2023 08:48am
Business & Finance Pak Suzuki extends plant shutdown to January 13 Company says this is due to continued shortage of inventory level Published 06 Jan, 2023 06:07pm
Print Customs values of caustic soda revised upward ISLAMABAD: Directorate General of Customs Valuation Karachi has made 35 percent increase in customs values on the... Updated 05 Jan, 2023 09:03am
Print Jul-Dec trade deficit declines 32.65pc to $17.13bn YoY The exports during July-December (2022-23) were recorded at $14.249 billion Updated 04 Jan, 2023 09:11am
Opinion Woeful decline in forex reserves The State Bank of Pakistan’s foreign exchange reserves have declined below $6 billion as the SBP’s reserves... Published 31 Dec, 2022 06:32am
Print FBR notifies PSW Evidence of Identity Rules, 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to... Updated 31 Dec, 2022 08:33am
Print Import of 177 items: SBP to maintain cash margin requirements for another 3 months KARACHI: The State Bank of Pakistan (SBP) Friday announced that it will maintain the cash margin requirements on the... Updated 31 Dec, 2022 08:49am
Print Imports: Dar rejects ‘flood levy’ proposal ISLAMABAD: Finance Minister Ishaq Dar has rejected the proposal to impose flood levy on the import of non-essential... Updated 31 Dec, 2022 08:46am
Opinion 2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has... Updated 30 Dec, 2022 06:28am
Business & Finance FBR sets up 6 new Model Customs Collectorates ISLAMABAD: The Federal Board of Revenue (FBR) has created six new Model Customs Collectorates to increase... Published 29 Dec, 2022 05:59am
Editorials Foot-dragging on the pending IMF review EDITORIAL: The market is unambiguously sending signals to the government to take appropriate measures to deal with... Published 29 Dec, 2022 05:59am
Markets 7th straight decline: Rupee continues to fall against US dollar Currency sees a depreciation of nearly 0.1% in inter-bank market on Wednesday Updated 28 Dec, 2022 09:31pm
Pakistan SBP rolls back import restrictions from January 2, 2023 Says authorised dealers may prioritise/ facilitate imports according to certain categories Updated 27 Dec, 2022 09:05pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?