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SBP automates verification of refinance claims to facilitate exporters, banks
KARACHI: In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification...
PRA posts 37.1pc growth in collection
LAHORE: Punjab Revenue Authority (PRA) collected Rs14.37 billion during the month of July 2022, which is 37.1 percent higher than...
Togo keen to enhance trade relations with Pakistan
ISLAMABAD: Robert Dussey, Foreign Minister of Republic of Togo along with a delegation visited Islamabad Chamber of Commerce & Industry...
ECC approves proposal to issue letter of comfort in favour of PSO
ISLAMABAD: The Economic Coordination Committee (ECC) approved the proposal to issue a letter of comfort in favour of Pakistan State...
Multan Adjudication settles cases involving Rs67.392m
MULTAN: Collectorate of Customs Adjudication Multan Camp Office has disposed 34 seizure cases involving Rs67.392 million during the month of...
Multan AFU foils bid to smuggle prohibited meat
MULTAN: Collectorate of Customs Enforcement Air Freight Unit (AFU) foiled an attempt to smuggle prohibited meat from Multan International Airport. ...
Pakistan, EU discuss progress on GPS Plus
ISLAMABAD: Ambassador of the European Union to Pakistan, Dr Riina Kionka and Federal Minister for Finance and Revenue, Miftah Ismail...
Alarm bells: Foreign exchange reserves fall below $8b — lowest since October 2019
KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly...
ADB suggests six policy reforms to strengthen Pakistan Railways
ISLAMABAD: The Asian Development Bank (ADB) has identified six policy reforms to strengthen the railway system in Pakistan and across...
Finance ministry postpones interviews for the post of President NBP
ISLAMABAD: Ministry of Finance has postponed the interviews for the post of president/CEO of the National Bank of Pakistan (NBP)....
Fertilizer industry offers support to govt for implementing subsidy scheme for farmers
ISLAMABAD: The Fertilizer Manufacturers of Pakistan advisory council, in a letter to Finance Minister Miftah Ismail, has offered the federal...
PSX introduces ‘property’ as a new sector classification
ISLAMABAD: Pakistan Stock Exchange (PSX) has formally launched “Property” as a new sector for non-REIT real estate related listed companies...
FBR terminates job of Customs Inspector Imran Fareed on corruption charges
LAHORE: The Federal Board of Revenue (FBR) imposed major penalty upon a customs officer on the charges of corruption, misconduct...
Pakistan, Denmark sign inter-govt framework agreement
ISLAMABAD: Pakistan and Denmark signed an inter-governmental framework agreement to enhance financial cooperation in energy and water sector. The agreement,...
Govt wants FTO to be relief oriented institution: Dr. Asif Mehmood Jah
ISLAMABAD: Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah said the government wanted to make FTO a public relief oriented...
Govt resolved to promote businesses for sustainable growth: Miftah
ISLAMABAD: Federal Minister on Finance and Revenue, Miftah Ismail expressed government’s resolve to promote the business activities and facilitate the...
DG Valuation revises customs values on import of stationery items
ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of stationery items from China, Vietnam,...
Govt raises Rs466.56b, cut off yields remain mostly unchanged
KARACHI: The government lifted Rs466.56bn in debt, primarily focused in 3 month T-bills through an auction conducted by the State...
Over 43pc surplus witnessed in Pakistan-Bangladesh trade: SBP
KARACHI: Pakistan’s goods and services trade with Bangladesh witnessed surplus of 43.14 percent during twelve months of fiscal year (FY22)...
Finance ministry shortlists candidates for NBP president post
ISLAMABAD: The Ministry of Finance has reportedly shortlisted 10 candidates for the post of president/CEO of the National Bank of...
