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SBP cuts key interest rate by one percent
KARACHI: The State Bank of Pakistan (SBP) on Friday cut its key interest rate by one percent. The new rate...
Appraisement West seals Assessment Hall after two appraisers tested positive for COVID-19
KARACHI: Collectorate of Customs Appraisement West sealed Assessment Hall after two appraising officers (AOs) tested positive for corona virus. Sources...
Govt decides to partially resume train service before Eid: sources
LAHORE: The federal government has decided to partially resume train service before Eid. According to sources, In first phase 24...
Govt making efforts to control economic losses: Razak Dawood
FAISALABAD : Adviser to Prime Minister on Commerce, Textile and Investment Abdul Razak Dawood has said that the government is...
Asian markets mixed at end of a uneasy week
HONG KONG: Most markets were mixed Friday, at the end of a tough week for global equities that have been...
Coronavirus outbreak: Pakistan extends suspension of int’l flight operations till May 31
ISLAMABAD: Pakistan has extended the ban on international flight operations till May 31, announced the Civil Aviation Authority (CAA) on...
FPCCI recommends audit exemption for commercial importers
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended to allow immunity to commercial importers from audit....
FBR extends date for payment, return filing up to May 12
ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing monthly sales tax return and payment for...
FBR proposed to reduce import duty on smartphones
ISLAMABAD: Federal Board of Revenue (FBR) has been urged to reduce customs duty on import of smartphones for the growth...
FBR allows filing annex-H for July-Dec up to June 30
ISLAMABAD: Federal Board of Revenue (FBR) on Friday announced extension in date for filing annexure-H (stock position) up to June...
No downgrading of Pakistan’s B3 rating by Moody’s: MoF
ISLAMABAD: The Ministry of Finance has said that the rating review conducted by Moody’s Investor Service on 14th May 2020...
IMF assures Pakistan of support to sustain impact of coronavirus
ISLAMABAD: International Monetary Fund (IMF) has assured Pakistan that it will support the country as it faces an unprecedented economic...
SBP reserves fall by $59m
KARACHI: Foreign reserves held by the State Bank of Pakistan (SBP) decreased by $59 million to $12.27 billion during the...
Stocks drop for third day as recovery hopes falter
NEW YORK: World stock markets fell for a third day running on Thursday after a sobering warning from the World...
KPT shipping intelligence report May 14
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Trade resumes at Pakistan, Iran border
TAFTAN: Economic activities have resumed at Pakistan, Iran's Taftan Border as the border was open after more than two months....
More than 50 shops sealed in Lahore over violation of SOPs
LAHORE: The Punjab government has sealed more than 50 shops in Lahore over violation of the Standard Operating Procedures (SOPs)...
US dollar falls 64 paisa against Pak rupee in interbank
ISLAMABAD: The exchange rate of US dollar declined by 64 paisa in the interbank on Thursday against Pakistani rupee. Today...
Port Qasim to auction Afghan Transit vehicles on 15 May
KARACHI: A large number of motor vehicles of Afghan Transit Trade has been offered for auction at Port Muhammad Bin...
No laxity, compromise on anti-smuggling operation: PM
ISLAMABAD: Prime Minister Imran Khan Thursday resolved that the government would neither show any laxity nor make any compromise in...
