Business
Stay updated with Business News, Pakistan Taxation news, Current world customs news and latest FBR news with Customs Today
1,994,492 wheat bags worth Rs6.5b still to be sold in Gujranwala Division
SIALKOT: Despite fresh wheat is expected in couple of months, huge stocks of wheat worth Rs6 billion is still yet...
1198 acres land in Punjab, 276 in Sindh, 74 in KP: Railways earns Rs366m thru leasing out 1556 acres in 2yrs
ISLAMABAD: Pakistan Railways has leased out 1556 acre land in the provinces of Punjab, Sindh and Khyber Pakhtunkhwa during the...
80% arid land: Climate change impacting Pakistan rapidly
ISLAMABAD: Federal Minister for Climate Change Mushahidullah Khan has said that climate change is also impacting Pakistan rapidly and the...
PIA already facing Rs300b losses, PK-7313 flight with 220 capacity brings only 2 passengers from Jeddah
KARACHI - The PIA’s Marketing Department caused millions of rupees loss to the Pakistan International Airline as its special flight...
NAB KP Bureau recovered Rs159.512m, arrested 116 accused in 2014
PESHAWAR: NAB Chairman Qamar Zaman Chaudhry has said that corruption is one of the major factors that creates hurdles in...
2600SY for parking of 400 cars: CDA flayed for making ‘unrealistic’ building by-laws
ISLAMABAD: Islamabad Developers Association (IDA) has raised the issue of by-laws for ‘skyscrapers’ before Capital Development Authority (CDA) Chairman Maroof...
Cotton prices increase by Rs 50 to Rs 100 on strong demand with fine lint in focus
ISLAMABAD: The cotton market showed a strong buying trend and cotton prices increased by Rs 50 to Rs 100 on...
Reserves rise to $16.036b from $15.238b; SBP’s by $777m to $11.194b from $10.417b
KARACHI: During the week ending Feb 13, Pakistan’s total liquid foreign exchange reserves stood at $16.036 billion compared to $15.238bn...
Vestas to develop wind projects: Danish envoy sees potential of 1000mw in Punjab
LAHORE - Vestas Wind Systems will provide engineering and technical services to the Government of Sindh, undertaking developmental activities for...
1200 knitwear industries with 1.5 workers forced to refuse orders owing to energy crisis
Lahore – In spite of having huge capacity of high quality production, the Punjab knitwear industry is continuously refusing orders...
DG Khan Cement Ltd plans to build cement plant worth $300 million
ISLAMABAD: DG Khan Cement Ltd of Mian Mansha is planning to build a cement plant worth $300 million near Karachi....
French envoy offers to enhance trade with Pakistan
ISLAMABAD: French Ambassador to Pakistan Martine Dorance called on Federal Minister for Finance Senator Mohammad Ishaq Dar at the Finance...
Cotton Association announces spot rates for local dealing
KARACHI: The Karachi Cotton Association (KCA) on Friday announced the following KCA spot rates of crop 2014-15 for local dealing...
Strong demand by textile sector unleashes bulls in cotton market
KARACHI: The cotton market showed a strong buying trend on Friday. Improved supply of gas and electricity to textile industries...
$1.92b Pak-India trade swelled to $3.28b: HC for taping potential to strengthen each other
Lahore –As Pakistan and India have the potential to become a growth opportunity for each other, both the countries should...
SRB collected Rs33.655b against Rs32b target in 2012-13 compared to Rs25.006b, SA told
KARACHI: In 2011-12, the Sindh Revenue Board (SRB) gathered Rs25.006 billion against a target of Rs25 billion and in 2012-13...
Unserviceable planes: PIA to sell Boeing-747, 3 Boeing-737, 3 A-310 aircraft
ISLAMABAD: Pakistan International Airlines (PIA) will sell its unserviceable planes including a Boeing-747, three Boeing-737 and three A-310 aircraft. According...
Under Competition Act, 2010: CCP takes notice of rising food prices, initiates inquiry against ‘profiteers’
ISLAMABAD: The Competition Commission of Pakistan (CCP), taking the notice of increasing prices of food commodities in domestic market, has...
Need to work overtime to end sectarian attacks: Nisar
WASHINGTON: Chaudhry Nisar seems to stuck over his usual tricks and script, glossing over his government’s and his own personal...
Standing Committee recommends legislation against fake pharma companies
ISLAMABAD: The National Assembly’s Standing Committee on National Health, Services, Regulations and Coordination has recommended a punishable legislation for fake...
