Multiple steps taken for revival of Faisalabad Dry Port: Collector Rizwan Basharat

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private)...

FBR to unveil new system for rating & rewards for officers

LAHORE: The Federal Board of Revenue (FBR) has officially announced the test run of a newly developed Rating and Reward...

State Bank to announce policy rate on January 27

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 27, 2025...

Iran exports non-oil goods worth $1.7b to Pakistan in 9 months

ISLAMABAD: Iran exported non-oil commodities valued at $1.7 billion to Pakistan during the first nine months of the current Iranian...

FinMin Aurangzeb hopes to raise $200m through Panda Bonds

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has expressed the hope that Pakistan will raise approximately $200 million by issuing...

Sindh to build China-backed special economic zone to attract $3b investment

KARACHI: Sindh government announced the establishment of a special economic zone after signing of a memorandum of understanding supported by...

Hong Kong can serve as suitable platform for joint ventures between Chinese, Pakistani firms: Aurgangzeb

ISLAMABAD: Pakistan set to issue Panda bonds by June 2025, aimed at raising approximately $200 million in investment from Chinese...

Govt sees increase in revenue from excise duties

ISLAMABAD: The federal government has witnessed a 56 percent increase in revenue from excise duties, collecting a total of Rs577...

Customs Appellate Tribunal upholds release of confiscated vehicle in smuggling case

MULTAN: In a significant ruling, the Customs Appellate Tribunal has upheld the decision of the Collector Adjudication to release a...

PIA to launch inaugural flight to Gwadar airport on January 20

ISLAMABAD: Pakistan International Airlines (PIA) will operate its first-ever flight to the New Gwadar International Airport on January 20, 2025,...

FBR urged to establish tax office in Gwadar amid rising economic activity

LAHORE: The Pakistan Tax Bar Association (PTBA) has called on the Federal Board of Revenue (FBR) to set up a...

ECC approves revision in electricity’s annual rebasing determination timeline

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) which...

PSX, 1LINK sign agreement to enhance book building process for investors

KARACHI: Pakistan Stock Exchange Limited (PSX) on Friday signined an agreement with 1LINK (Pvt) Limited (1LINK) to revamp the book...

Wave IV: Committee picks five more ministries for rightsizing examination

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that during the fourth wave, five ministries including...

Short-term eases by 0.39pc, decelerates to 1.16pc on YoY basis

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), went down by 0.39 percent for the combined consumption...

PM orders installation of modern cargo scanning system to curb smuggling

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant authorities to install international standard cargo scanning system in...

Missing Customs Superintendent Rana Ghulam Mujtaba Noon found safe after four weeks

MULTAN: Rana Ghulam Mujtaba Noon, the Superintendent of Customs Enforcement in Multan, who had been missing for over four weeks,...

FBR allows entry of Azerbaijan registered vehicles transporting cargo into Pakistan

ISLAMABAD: The Federal Board of Revenue (FBR) allowed entry of Azerbaijan’s registered vehicles transporting transit and bilateral trade cargo into...

Exchange companies contribute $4b to remittance inflows in 1H of FY2025