Consignments stuck at ports: Banks told to give one-time facilitation to importers KARACHI: In order to clear the stuck consignments at ports, the State Bank of Pakistan (SBP) has advised banks to... Updated 24 Jan, 2023 08:59am
Editorials An ill-advised decision EDITORIAL: At a time Pakistan’s economic malaise is exacerbating by the day, public functionaries are in no mood ... Published 24 Jan, 2023 06:06am
Markets Stranded containers: govt says it will waive KPT and Port Qasim charges In a bid to facilitate the business community, the federal government has decided that it will waive off Karachi ... Published 23 Jan, 2023 02:41pm
Business & Finance Business community to mount protests against govt policies today: BMP chief LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s former president Mian Anjum Nisar has ... Published 23 Jan, 2023 06:54am
Business & Finance PCMEA calls for opening of LCs on priority basis LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Usman Ashraf said on... Published 23 Jan, 2023 06:20am
Print LC issue: PALSP threatens to shut down steel units ISLAMABAD: The documented steel sector will be forced to close down its units for an indefinite period in case the... Updated 23 Jan, 2023 09:18am
Business & Finance Govt discussing issue of factories’ closure with businessmen: minister HYDERABAD: Federal Minister for Commerce and Privatization Syed Naveed Qamar has blamed Pakistan Tehreek-e-Insaf... Published 23 Jan, 2023 05:57am
Business & Finance Industrialists demand govt ensure low-cost, uninterrupted energy supplies PESHAWAR: Industrialists have demanded of the government to ensure low-cost and uninterrupted electricity and gas... Published 23 Jan, 2023 05:57am
Print SBP announces sugar export mechanism Makes it mandatory for sugar mills to bring sugar export proceeds into Pakistan within 60 days of the opening of Letter of Credit (LC) Updated 22 Jan, 2023 10:16am
Business & Finance LCCI starts consultation to prepare economic policy framework LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has started consultation to prepare economic policy... Published 21 Jan, 2023 07:20am
Business & Finance Import of raw materials: PYMA says has apprised SBP about obstacles KARACHI: Pakistan Yarn Merchants Association (PYMA) has informed the Governor State Bank of Pakistan, Jameel Ahmed,... Published 21 Jan, 2023 07:18am
Business & Finance Import of spare parts: LC: AGL seeks Power Division’s help ISLAMABAD: M/s Attock Gen Limited (AGL) has sought the Power Division’s help in opening of Letter of Credit (LC)... Published 21 Jan, 2023 06:15am
Business & Finance Import of refined POL products: OMAP urges SBP governor to help resolve issue of LCs LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Friday asked Governor State Bank of Pakistan (SBP) ... Published 21 Jan, 2023 06:15am
Business & Finance LCs for additional mining equipment: SECMC seeks SBP’s approval KARACHI: Sindh Engro Coal Mining Company (SECMC) has sought State Bank of Pakistan (SBP) approval for establishing... Published 20 Jan, 2023 06:10am
Print MoS Aisha terms ‘structural reforms’ need of the hour ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha said that structural reforms are the need of the country... Updated 20 Jan, 2023 08:46am
Business & Finance Crisis situation: APTMA urges govt to think out of the box, take stakeholders into confidence LAHORE: Chairman of All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has urged the government ... Published 20 Jan, 2023 06:10am
Print Dollar manipulation: SBP concludes probe KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved... Updated 19 Jan, 2023 11:19am
Business & Finance UAE has rolled over $2bn loan: SBP governor KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2... Updated 19 Jan, 2023 07:41am
Print Forex: industry makes prudent move ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)... Updated 19 Jan, 2023 08:40am
Business & Finance Drug manufacturers seek urgent steps for raw material import KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has earnestly appealed to the government to... Published 19 Jan, 2023 05:58am
Business & Finance Karachi’s business community comes down hard on SBP governor Demands resolution of LC crisis in meeting with central bank chief at KCCI Updated 18 Jan, 2023 07:57pm
Business & Finance SBP governor hopeful of foreign exchange inflows in coming days During address at FPCCI, Jameel Ahmad expresses commitment to resolving issues of business community Updated 18 Jan, 2023 06:54pm
Business & Finance PPMA fears medicine shortage if curbs on LCs not removed soon ISLAMABAD: The Pakistan Pharmaceutical Manufacturers Association (PPMA) has urged the government and the State Bank... Published 18 Jan, 2023 06:22am
Business & Finance Pasha warns of stagflation this year LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket... Published 18 Jan, 2023 06:22am
Business & Finance Upgrading of mobile networks: Curbs on LCs causing hurdles in import of equipment: minister ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the limited facility of... Published 18 Jan, 2023 06:22am
Business & Finance Soap manufacturers express concern over curbs on LCs KARACHI: Pakistan Soap Manufacturers Association (PSMA) has expressed concern over the ongoing financial crisis, as... Published 18 Jan, 2023 06:22am
Perspectives Summing up one of Pakistan's worst economic crisis Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country... Updated 18 Jan, 2023 10:47am
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
Business & Finance Food supply at risk as banks reluctant to open LCs: FPCCI LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Muhamamd Nadeem Qureshi... Published 17 Jan, 2023 06:02am