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SBP PIB Auction: Rs298.5b raised against a target of Rs175b
KARACHI: The government raised Rs298.5 billion of debt against a target of Rs175bn, primarily focused on a 5-year tenor in...
Consultative session on investment policy held
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) and Punjab board of Investment and Trade (PBIT) jointly organized a consultative...
KP govt to set up commercial courts to settle business disputes of over Rs300,000
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced to set up commercial courts to resolve trade disputes of over Rs300,000....
Agriculture machinery valuing $112.025m imported in FY2021
ISLAMABAD: The imports of agriculture machinery and implements into the country during financial year ended on June 30,2022 witnessed about...
Efforts on to further boost Pak-UAE cooperation
ISLAMABAD: Federal Minister for Finance & Revenue, Miftah Ismail highlighted that the incumbent government was focusing on various new avenues...
Pakistan’s economic problems temporary: Finance Ministry, SBP
KARACHI: Pakistan’s economic problems are temporary and being forcefully addressed, the Finance Ministry and the State Bank of Pakistan (SBP)...
Pakistan has fulfilled last prior action after increasing oil levy: IMF
ISLAMABAD: Pakistan has completed the last precondition for the combined seventh and eighth reviews, the International Monetary Fund (IMF) said...
Govt reviewing tax related issues: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail has said that that reviews were being carried out for resolving...
LHC dismisses customs official’s plea against tribunal’s verdict
LAHORE: The Lahore High Court dismissed a petition of director Customs Intelligence against a decision of Customs Appellate Tribunal (CAT)...
SBP imposes Rs85m as penalty on JS Bank for violating regulatory instructions
KARACHI: The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs85 million on JS Bank Limited for...
Pakistan current account deficit rises to $17.4b in FY2022
KARACHI: Pakistan’s current account deficit (CAD) has swelled to $17.4 billion in the fiscal year of 2021-22. According to details,...
Customs value of flexible tubing iron and steel revised vide Valuation Ruling 1685/2022
KARACHI: Directorate-General Customs Valuation Director Syed Fawad Ali Shah has revised customs values of flexible turbing of iron and steel...
Clearance of containers still remains elusive despite MoC go-ahead signal
KARACHI: The clearance of hundreds of containers, stuck at ports under SRO 598/22 dated 19-5-2022, has become a mystery even...
Pakistan, Germany sign €17.5m agreement for development in KP
ISLAMABAD: Pakistan and Germany on Monday signed an agreement for the Regional Infrastructure Fund (Phase-II) under which the government of...
President directs FBR to undo unjust taxation on lecturers’ salaries
ISLAMABAD: President Dr Arif Alvi rejected 30 identical representations filed by the Federal Board of Revenue (FBR) against Federal Tax...
IMF board may meet earlier than expected to approve Pakistan’s tranche: report
ISLAMABAD: The International Monetary Fund's (IMF) Executive Board meeting to approve the release of the tranche for Pakistan is expected...
Miftah Ismail assures country will meet bond, debt payments
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Monday said Pakistan can come out of its current economic crisis...
SECP to introduce digital asset management companies
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) introduced the concept of Digital Asset Management Companies (AMCs) to promote...
FTO names Uzma Shahid Butt as Honorary Business Coordinator
LAHORE: Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah has appointed President Rawalpindi Women Chamber of Commerce & Industry (RWCCI)...
All political parties of Pakistan should sign Charter of Economy: Khawaja Jalaluddin Roomi
MULTAN: All political forces must sign a one-point agenda of charter of economy for political as well as economic stability...
