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China foreign trade falls for 9th straight month
BEIJING: China has logged another month of weak trade, according to the latest data for November. The country's major trading...
Ishaq Dar chairs Monetary and Fiscal Policies Coordination Board meeting
ISLAMABAD: The Federal Minister for Finance, Senator Mohammad Ishaq Dar chaired the Monetary and Fiscal Policies Coordination Board meeting here....
Customs fines MOP5, 000 for smuggling tobacco
BEIJING: A Macau resident has been discovered by the Customs Service (SA) carrying an amount of cigarettes far exceeding the...
Malik Muhammad elects new Chairman of SIAL
SIALKOT: A Sialkot based leading exporter Malik Muhammad Ashraf was elected unopposed as chairman of Sialkot International Airport Limited (SIAL)...
Pak rupee makes remarkable recovery of Re1.40 to reach 105.25
KARACHI: The Pakistani rupee Tuesday secured huge recovery against the US dollar both in open market and interbank. According to...
China’s exports slump again in Nov
BEIJING: China's exports slumped more than expected in November but the decline in imports slowed, a tentative sign that domestic...
China’s foreign trade falls 4.5% to $337bn in Nov
BEIJING: China's foreign trade in November dropped 4.5 percent year on year to 2.16 trillion yuan (US$337 billion), the ninth...
China forex reserves drop by $87.2 billion in Nov
BEIJING: China's foreign exchange reserves, the world's largest, fell by $87.2 billion in November to $3.44 trillion, central bank data...
China’s iron ore demand to drop 4.2% in 2016
BEIJING: Iron ore demand is expected to fall further in China next year as the country continues to scale down...
CITIC secures contarct to build $262m cement plant in Cambodia
PHNOM PENH: China's leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement...
China’s Luye Medical ready to acquier Australia’s Healthe Care for $688m
BEIJING: Luye Medical Group Co, the privately owned Chinese heathcare firm, has agreed to buy Healthe Care Australia Pty Ltd,...
China Africa Development Fund hits $5 billion in 2015
BEIJING: The China Development Bank has hit its target of pooling $5 billion this year in its equity investment fund...
China cotton imports gain 6.9% in this year
BEIJING: China, the world’s largest cotton user, will import less fiber this year and that will be bearish for global...
Chinese iron ore imports surge 22% in Nov from 2014
SHANGHAI: Chinese iron ore imports surged 22 per cent in November from a year earlier, customs data showed, as big...
China imports decrease reflect manufacturing flaw
BEIJING: Weak demand at home and overseas dented Chinese imports and exports alike last month, reflecting ongoing weakness in the...
FBR considering to exempt salary accounts from WHT
ISLAMABAD: The Federal Board of Revenue (FBR) is seriously considering a proposal to exempt salary accounts from withholding tax. This concession...
Chief Collector Zahid, Collector Huda to address news conference today
KARACHI: Chief Collector Enforcement South Zahid Khokhar and Collector MCC Preventive Syed Tariq Huda would apprise the media persons about...
Customs Preventive foils bid to re-export abandoned consignment
KARACHI: The Model Customs Collectorate Preventive, Anti-Smuggling Organization has foiled a bid to re-export a consignment to Dubai. Official sources told...
Customs Adjudication-II issues show-cause notice to Jadeed Feeds for tax evasion of Rs 20.62m
KARACHI: The Customs’ Collectorate of Adjudication-II has served a show cause notice on M/s Jadeed Feeds Industries for allegedly evading...
FBR Member IR-Operations Dr Irshad to visit Faisalabad RTO today
ISLAMABAD: Federal Board of Revenue (FBR) Member Operations Inland Revenue Dr Mohammad Irshad Khan is due in Faisalabad today. During...
