Karachi
Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people
Customs I&I team raids BOL News office after obtaining search warrants
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) carried out a raid at the head office of BOL News in...
Saudi Arabia extends $1.2b deferred oil payment facility till Feb 2024
KARACHI: Saudi King Salman has approved the extension of a deferred oil payment facility worth $1.2 billion to Pakistan till...
World Bank urges govt to exempt projects funded by IFIs from LCs
KARACHI: The World Bank (WB) has urged the government to exempt IFIs (International Financial Institutions) funded projects from LC restrictions...
Pakistan Customs establishes cell to monitor sugar export at Port Qasim
KARACHI: Pakistan Customs has established a special cell at the Port Qasim Collectorate to monitor the exports of 250,000 metric...
Wood-timber must be accepted as an essential raw material: SBP
KARACHI: State Bank of Pakistan (SBP) has declared that wood-timber must be accepted as an essential raw material on the...
Pakistan’s remittances up 4.9pc to $2b in Feb
KARACHI: Remittances sent by overseas Pakistani workers registered an increase to 4.9% MoM $2 billion, compared to $1.89bn in January...
SBP-held foreign reserves rise above $4b mark
KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves rose above the $4 billion mark after the cash-strapped nation...
Roshan Digital Accounts inflows soar to all-time high of $5.8b
KARACHI: Maintaining upward trajectory, cumulative inflows under Roshan Digital Accounts (RDA) have reached all-time high of $5.8 billion since its...
Inflation in Pakistan surged after Ukraine war pushed global prices up: SBP governor
KARACHI: State Bank of Pakistan Governor Jameel Ahmad has said the Ukraine war has pushed prices of goods which eventually...
SHC directs FBR to submit details of tax collected from Karachi
The Sindh High Court (SHC) directed the Federal Board of Revenue (FBR), and federal and provincial law officers to submit...
SBP seeks list of ‘reputable’ suppliers for import solar panels
KARACHI: State Bank of Pakistan (SBP) has proposed to the federal ministries to prepare a list of reputable suppliers to...
Pakistan, Germany sign MOU to empower startups
KARACHI: Delegations of the German Emirati Joint Council for Industry & Commerce (AHK) and German Consulate Karachi visited the National...
Karachi I&I thwarts attempt to smuggle betel nuts from Northern Bypass to Karachi
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) team has thwarted an attempt to smuggle huge quantity of smuggled betel...
Karachi Enforcement foils bid to smuggle goods worth Rs56.16m from Quetta to Karachi
KARACHI: Collectorate of Customs Enforcement has thwarted an attempt to smuggle huge quantity of smuggled cigarettes, gutka, betel nut, Chinese...
Karachi I&I impounds smuggled laptops worth Rs50m from Central Plaza
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has impounded 1,000 smuggled laptops from a shop at Central Plaza worth...
SBP increases policy rate to 20pc owing to inflation outlook
KARACHI: The Monetary Policy Committee of the State Bank of Pakistan increased the policy rate by 300 basis points to...
Foreign reserves rise to $9.26b as Pakistan receives Chinese loan disbursement
KARACHI: Pakistan’s total liquid foreign reserves stood at US$ 9.26 billion as of February 24, data released on Thursday showed....
Pakistan’s official reserve assets stand at $7.9b as of January 31: SBP
KARACHI: The official reserve assets, including foreign currency reserves, IMF reserve position, Special Drawing Rights (SDRs), gold, and other reserve...
ANF recovers 239 kg drugs in six operations; arrests five
KARACHI: Anti-Narcotics Force (ANF) recovered 239 kg narcotics in six operations and arrested five accused allegedly involved in drug smuggling,...
Logistics giant DHL trims Pakistan operations
KARACHI: Logistics giant DHL announced to scale down its operations in Pakistan from next month, blaming restrictions by the government...
