PSX, CSE, DSE sign MoU to establish Exchange Forum

ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) approved an plan to expedite privatisation of Pakistan International Airlines Corporation (PIACL), including...

DG Valuation revises customs values for iron & steel kitchenware

KARACI: The Directorate General of Customs Valuation in Karachi issued Valuation Ruling No. 1988/2025, superseding the previous ruling from 2018....

FBR imposes major penalty on Customs PMBQ Superintendent Raja Jahanzaib Wahid

ISLAMABAD: The Federal Board of Revenue (FBR) has taken strict disciplinary action against Raja Jahanzeb Wahid, a Superintendent (BS-16) at...

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IMF allows Pakistan to reduce electricity tariff

ISLAMABAD: The International Monetary Fund (IMF) has allowed the Pakistan government to reduce the electricity tariff by Rs1 per unit....

Pakistan likely to issue Panda Bonds this year, hints FinMin Aurangzeb

BEIJING: Federal Minister for Finance Senator Muhammad Aurangzeb hinted at the potential issuance of Panda Bonds in Chinese yuan by...

Federal Minister for Maritime Affairs, Junaid Inwar Chaudhry is being briefed by the CEO Syed Jarar Haider at Pakistan National Shipping Corporation head Office in Karachi on 25.03.2025.

Danish $2b investment in port sector moving forward: Junaid Anwaar Chaudhry

KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwaar Chaudhry revealed that Denmark’s $2 billion investment in Pakistan’s port sector...

Pakistan’s foreign exchange reserves drop by $465m: SBP

KARACHI: Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released...

Gwadar Free Zone set to launch exports with first shipment of Potassium Sulphate

GWADAR: Exports from the Gwadar Free Zone (GFZ) are set to begin, marking a significant step towards making the port...

FBR warns of severe punishments for unauthorized access to taxpayer data

LAHORE: The Federal Board of Revenue (FBR) has announced severe punishments, including imprisonment, for tax officers or officials found guilty...

DGTT imposes penalty on M/s Vehicle Tracking (Pvt) Ltd for carelessness, negligence

KARACHI: The Directorate General of Transit Trade (DGTT) has penalized M/s Vehicle Tracking (Pvt.) Ltd. with a PKR 300,000 fine...

FBR transfers 32 PCS officers of BS-16 & BS-17 to SAPT Karachi

ISLAMABAD: Federal Board of Revenue transferred Pakistan Customs Service (PCS) officers of BS-16 and BS-17 to SAPT Karachi. Details are...

Pakistani food exporters secure key deals in Saudi Arabia

LAHORE: A delegation of Pakistani food exporters returned to Pakistan after a successful month-long visit to Saudi Arabia, where they...

Economic reforms, business community’s issues discussed at LCCI

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Executive Committee was convened on Tuesday to discuss economic reforms, the challenges...

Pakistan & IMF reach staff-level agreement on EFF, $1.3b climate fund

ISLAMABAD: The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review under Pakistan’s...

Tax evasion of Rs14b: FBR to take legal action against 463 importers, 106 clearing agents & officials from PRAL

KARACHI: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against 463 importers, 106 clearing agents, and...

Rs39 hike in FED per cigarette pack may generate additional revenue of Rs67.4b

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) and the Social Policy and Development Centre...

Finance minister calls for inclusive, equitable globalization for benefiting developing economies