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Govt signs agreements of $750m with WB, AIIB for RISE Programme
ISLAMABAD: Pakistan Thursday signed two financing agreements valuing US$ 750 million with the World Bank (WB) and the Asian Infrastructure...
Quetta Customs foils attempt to smuggle cigarettes, betel nuts
QUETTA: Collectorate of Customs foiled an attempt to smuggle large amounts of cigarettes and betel nuts in the country. According...
Mis-declaration: Customs Court seeks progress report against M/s Habibah & M. Yousuf Enterprises
KARACHI: The Customs Court directed investigation officer of Collectorate of Customs Exports to submit progress report against Khoshi Muhammad, exporter...
Banks urged to facilitate power plants’ privatization process
ISLAMABAD: Federal Minister for Privatization Muhammad Mian Soomro on Thursday met with the heads of commercial banks and discussed their...
Car sales, production slump over 50pc during FY2019-20
ISLAMABAD: The sale and production of cars witnessed decrease of 53.54 and 54.92 percent respectively during the fiscal year 2019-20...
Owner moves SHC seeking release of vehicle involved in smuggling
KARACHI: Real owner of Nissan truck trailer namely Tariq Mahmood son of Muhammad Hayyat has filed a writ petition before...
PIA going to commence flights to Turkey in August: CEO
KARACHI: The Chief Executive Officer (CEO) of Pakistan International Airlines (PIA), Air Marshal Arshad Malik, has unveiled a plan to...
Punjab govt decides to establish largest SEZ in Muzaffargarh-Layyah Road Chaubara
LAHORE: Government of Punjab has decided to establish largest Special Economic Zone (SEZ) in Muzaffargarh-Layyah Road Chaubara. According to details,...
TPL Trakker, responsible for helping govt map COVID-19 hotspots, set to go public
KARACHI: TPL Trakker, the company behind the mapping technology that the government is using to map COVID-19 hotspots in Pakistan,...
Pfizer to get $1.95b to produce millions of doses of COVID-19 vaccine
NEW YORK: Pfizer and German biotech firm BioNTech will get $1.95 billion from the U.S. government to produce and deliver...
KP businessmen urge FBR to accelerate tax refund process
PESHAWAR: The business community on Wednesday urged the Federal Board of Revenue (FBR) to accelerate the tax refund process and...
Bidding for First Women Bank, HBFC privatization by October
ISLAMABAD: Federal Minister for Privatization Muhammad Mian Soomro on Wednesday chaired a meeting of privatization commission and reviewed the progress...
Pak rupee gains 27 paisa against US dollar
ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 27 paisas against US dollar in the interbank on Wednesday to...
SBP enhances scope of renewable energy refinance scheme
KARACHI: The State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing...
FBR allows 2pc income tax on chemicals & dyes raw materials
ISLAMABAD: The Federal Board of Revenue (FBR) has given relief to commercial importers by allowing them to pay 2pc income...
ECC approves markup subsidy for housing finance under NPHDA
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination...
COVID-19 economic fallout: AIIB approves $250m loan to Pakistan
ISLAMABAD: The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors have approved a loan of $250 million to help Pakistan...
Customs values of polyester filament yarn revised vide VR No 1457/2020
KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of polyester filament yarn vide Valuation Ruling...
Customs Port Qasim re-distributes work among principal appraisers, AOs
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) Assistant Collector Headquarters M. Wardan Ali has issued office order regarding...
Indus Motors moves SHC seeking release of consignment
KARACHI: Indus Motors Company Limited has approached the Sindh High Court (SHC) seeking declaration of entitlement of exemption certificate from...
