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
Central govt’s debt rises by 8.6Ppc to Rs66trn in 10MFY24: SBP
KARACHI: The central government’s total domestic and external debt stock rose by 8.6% during the first 10 months of this...
CDNS realize Rs1.6 trillion targets in fresh bond
KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs1.6 trillion in fresh bonds and 85...
Pakistan remittances climb to $3.24b in May Saudi Arabia, UAE continue topping the list
KARACHI: Saudi Arabia and the United Arab Emirates (UAE) remained the top two sources of remittances for Pakistan in May...
Pakistan’s exports to UK increase by 2.31pc in 10 months: SBP
KARACHI: Pakistan’s export of goods and services to the United Kingdom (UK) witnessed an increase of 2.31 percent during the...
Pakistan sends first cherry shipment to China
KARACHI: Pakistan has exported its first shipment of fresh cherries to China, using a reefer container, with a total export...
Pakistan’s foreign exchange reserves decreased by $99.8m
KARACHI: Pakistan’s total liquid foreign exchange reserves decreased by US$ 99.8 million during the week ended on May 31. According...
DG Valuation sets $130/ton export value for Pink Rock Salt
KARACHI: The Directorate of Customs Valuation has established a customs value of $130 per metric ton (PMT) for the export...
HBL, EXIM ink MoU to implement EXIM’s Trade Credit Insurance facilities
KARACHI: HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate in the structuring and...
UBL unveils its currency exchange operations
KARACHI: United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange...
Federal budget 2024-25 likely to be presented on June 12
KARACHI: The presentation of the federal budget 2024-25 is likely to be rescheduled. Interestingly, it is also unusual that the...
K-Electric seeks additional increase in pending tariff request
KARACHI: Karachi’s power utility K-Electric has submitted a claim for Fuel Price Adjustment (FPA) for April 2024 to the National...
Karachi Enforcement impounds smuggled furnishing fabric worth Rs100m from Light House
KARACHI: Collectorate of Customs Enforcement conducted a joint operation with the assistance of Sindh Rangers and Sindh police during wee...
Foreign investors inject $35.6m into Pakistan’s T-Bills in May: SBP
KARACHI: Foreign investment in rupee-based government debt securities, including treasury bills (T-bills) and Pakistan Investment Bonds (PIBs), is steadily increasing...
Ithmaar Holding plans major stake transfer in Faysal Bank
KARACHI: Ithmaar Holding B.S.C. has approved the proposed sale and/or transfer of 75% of the current stake in Faysal Bank...
Pakistan’s foreign exchange reserves stand at $14.31b
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at US$ 9.093 billion after a...
World’s largest cargo ship MSC Anna reaches Karachi port
KARACHI: The world's largest cargo ship, MSC Anna, has reached Karachi port, marking a significant milestone in the port's history....
Karachi Enforcement seizes 3000kg of smuggled betel nuts from warehouse
KARACHI: Collectorate of Customs Enforcement conducted a successful raid on a godown located at Singer Chowrangi, Korangi and recovered 3000...
Pakistan’s exports to China increase by 37pc in 10 months: SBP
KARACHI: Pakistan’s export of goods and services to China witnessed an increase of 37.68 percent during the first ten months...
Islamic banking industry assets reach Rs9 trillion in 2023
ISLAMABAD: With consistent growth and expansion on all fronts, the Islamic Banking Industry (IBI) has surged to Rs9 trillion. According...
Profit repatriation from Pakistan rises 250pc YoY to $887m in 10MFY24
KARACHI: Foreign investors repatriated $887.1 million in profits and dividends in the first 10 months of FY24, a 250.13% increase...
