Business
Stay updated with Business News, Pakistan Taxation news, Current world customs news and latest FBR news with Customs Today
650,000 tonnes exports: SBP introduces new system for sugar export, payment to growers
KARACHI: In order to set up a mechanism for export, the State Bank of Pakistan (SBP), through a circular, has...
8-inch diameter gas pipeline blown up in Dera Bugti
DERA BUGTI: Some miscreants have blown up an eight-inch diameter gas pipeline in Pirkoh gas field area. According to Levies...
Nadra to charge Rs10 instead of Rs23: Verification of 103m SIMs on the cards
ISLAMABAD: Divided into two categories, a total of 103 million cellphone SIMs will be verification in phased-wise plan under the...
481.5km distance: Dosti Bus service limited to Wagah over terror threat
LAHORE: The Dosti Bus service between Pakistan and India has been restricted to Wagah border due to terror threats. Now...
Export target of $25b hampered: PTEA bemoans delay in new textile policy
FAISALABAD: The absence of new textile policy has been hampering the country textile export target of $25 billion which currently...
Cotton prices decrease by Rs100 to Rs4,800 per maund
KARACHI: The cotton prices in the country Tuesday decreased owing to larger local crop size and import of Indian cotton...
Cement sales up by 6.23% to 17.12m tons in July-Dec 2014 from 16.11m tons
KARACHI: The country’s cement sector witnessed healthy growth of 6.23 per cent to 17.12 million tons during the last six...
Rs14.64b two projects recommended: CDWP okays nine projects worth Rs4.72b
ISLAMABAD: The Central Development Working Party (CDWP) approved nine projects for different sectors at a cost of Rs4.72 billion and...
Rs552.697m and Rs1,478m saved: Nepra slashes K-Electric power tariff by Rs1.64
ISLAMABAD: Taking up the Central Power Purchasing Agency (CPPA) petition for relief to consumers of K-Electric, the National Electric Power...
Pakistan’s leather shoes export rises by 25.90pc
KARACHI: The country witnessed 25.90 percent increase in the export of leather shoes. It has also been witnessed that export...
Brent crude oil faces new five-year low of $52.27 per barrel
NEW YORK: The price of Brent crude oil faced a new five-and-a-half year low of $52.27 per barrel, its lowest...
Portugal aims to issue up to €14 billion treasury bonds in 2015
LISBON: Portugal is planning to issue up to 14 billion euros of treasury bonds in 2015 at regular auctions. The...
RTA, police fail to enforce new transport fares
RAWALPINDI: The Regional Transport Authority (RTA) and Police have failed to implement reduced public transport fares announced after decrease in...
Customs unearths Rs3b tax evasion at Karachi Port, Port Qasim
KARACHI: Customs Intelligence unearthed tax evasion amounting to Rs 3 billion at Karachi Port, Port Qasim and airport and took...
Govt allows 650,000 tonnes sugar export after clearing dues, getting certificate from SBP
KARACHI: It has been made mandatory by the State Bank of Pakistan (SBP) for sugar mills to produce certificates that...
Rs 10m/annum on security: CDA, Serena lock horns over removal of barriers
ISLAMABAD: The Capital Development Authority (CDA) has been asked by a luxury hotel administration to confirm that it will assume...
Members training hallmark of LCCI in 21 century, says President
LAHORE: LCCI President Ijaz A Mumtaz has said that private sector must strive to have sufficient knowledge of information technology....
3,600MW power plant: Dar-led committee for establishing LNG-based power projects
ISLAMABAD: Headed by Federal Finance Minister Ishaq Dar, the sub-committee of the Cabinet on energy has continued its deliberations to...
From 16.11m tons to 17.12m tons: Cement sales up by 6.23% in July-Dec 2014
KARACHI: The country’s cement sector witnessed healthy growth of 6.23 per cent to 17.12 million tons during the last six...
SECP fixes growth rate for life insurance and family takaful at 7%, 9%, 11% for 2015
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has specified growth rate scenarios for life insurance and family takaful...
