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Moody’s changes Pakistan credit outlook from negative to stable
KARACHI: Moody’s Investors Service has changed Pakistan’s credit rating outlook to stable from negative, signaling a further improvement in foreign...
Customs Preventive team recovers welding electrodes worth Rs20m from Brandreth Road
LAHORE: Collectorate of Customs Preventive team recovered huge quantity of welding electrodes worth Rs20 million during a raid. Sources told...
Second phase of China-Pakistan FTA comes into effect
ISLAMABAD: The second phase of China-Pakistan Free Trade Agreement (CPFTA) has come into effect, allowing Pakistani manufacturers and traders to...
Pak Rupee appreciates by 5 paisa against dollar
KARACHI: The Pakistani rupee on Monday recovered its strength by 5 paisa and 15 paisa in the interbank market and...
Trade deficit declines by 34pc in five months of FY2020
ISLAMABAD: Pakistan's exports of goods during November 2019 have increased by 9.6 percent to $2.02 billion while imports declined by...
FBR collects 17pc more taxes from previous year: FBR chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Saturday said that they have collected 17 percent more taxes...
ADC Appraisement West seeks quick clearance in examination
KARACHI: Collectorate of Customs Appraisement West Additional Collector Muhammad Amir Thahim suggested following proposals for quick clearance in examination ....
Strong rally in PSX shows investor’s confidence on govt: Hafeez Shaikh
ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said that strong rally in stock...
Govt reduces petrol price by 25 paisas per liter
ISLAMABAD: Government has announced to reduce the prices of petroleum products. The new prices will be applicable from December 1....
NAB forwards list to 39 proclaimed offenders to airports across country
MULTAN: The National Accountability Bureau (NAB) Multan has forwarded a list of 39 proclaimed offenders to immigration officials at airports...
Pakistan recorded lowest 1Q fiscal deficit in 13 years: Hammad Azhar
ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar on Saturday said that the country has recorded the lowest first-quarter fiscal...
Customs AIIA foils bid to smuggle foreign currency
LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) foiled a bid to smuggle to foreign currency worth Rs291m. Sources...
Auction for 40 new gas, oil sites will be held next month: Omar Ayub
ISLAMABAD: Federal Minister for Power and Petroleum, Omar Ayub Khan said that the petroleum sub-sector will be offering huge oil...
FBR inks accord with PBA to obtain details of account holders
KARACHI: Federal Board of Revenue (FBR) signed agreement with Pakistan Banks Association (PBA) to share details of their account holders...
KSE-100 index crosses 39,000 points to 9-month high
KARACHI: The stocks witnessed increase on Friday as the KSE-100 index crossed the 39,000-point mark after nine months. According to...
No raids at business centers: FBR chairman
RAWALPINDI: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has assured business community that no raids would be conducted on...
Anti-smuggling management software to help curb movement of smuggled goods: Director Rashid Habib
PESHAWAR: Director Customs Intelligence and Investigation (I&I) Rashid Habib has said that a software known as “Anti Smuggling Management Software”...
Gilgit-Baltistan Customs surpasses assigned revenue collection target: ADC Shahid Jan
GILGIT BALTISTAN: Collectorate of Customs Gilgit-Baltistan Additional Collector Shahid Jan said that trade activity at Gilgit Baltistan could only be...
Govt expedites work on TAPI project: Hammad Azhar
ISLAMABAD: Turkmenistan’s ambassador to Pakistan Atadjan Movlamov called on Federal Minister for Economic Affairs Hammad Azhar. Talking to the ambassador,...
State Bank’s reserves rise $240m to $8.68b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $240 million to $8.68 billion during...
