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ISLAMABAD: IMF urges Pakistan to strengthen tariff governance, reduce discretionary exemptions The International Monetary Fund (IMF) in its Governance and...

Quetta Customs seizes ice worth Rs136.6m

QUETTA: The Field Enforcement Unit (FEU) Nauttal, operating under the Collectorate of Customs Enforcement Quetta has successfully foiled a major smuggling...

Pakistan proposes direct feeder shipping lines with Malaysia to cut freight costs

KARACHI: Pakistan has proposed establishing direct feeder shipping lines with Malaysia to reduce freight costs, shorten transit times and deepen...

IBA-CEIF marks decade of shaping Islamic finance in Pakistan

KARACHI: The Centre for Excellence in Islamic Finance (CEIF) at IBA celebrated its 10-year journey in shaping the future of...

PM orders urgent reforms’ measures in EDF to boost exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed the relevant authorities to take immediate reform measures in the Export Development...

CCoSOEs approves key appointments, board reconstitutions across SOEs

ISLAMABAD: The Cabinet Committee on State Owned Enterprises (CCoSOEs) here on Monday approved board-level appointments across key public sector entities, including...

Maritime affairs minister pushes Pakistan-Bangladesh shipping framework

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has proposed the establishment of a formal cooperation framework between the...

Laden Pakistani trucks are seen near Torkham, close to the Pakistan-Afghanistan border, on April 14, 2017, a day after the US military dropped a largest non-nuclear bomb on an Islamic State complex in Afghanistan.

Trade in and out of Afghanistan from Pakistan appeared to be flowing as normal, however, with traffic at the Torkham border crossing apparently undisturbed, despite the historic detonation roughly 50 kilometres away. / AFP PHOTO / ABDUL MAJEED (Photo credit should read ABDUL MAJEED/AFP via Getty Images)

Pak-Afghan border closure drives up prices of essential goods in Afghanistan

QUETTA: Pakistan’s border closure has caused severe economic losses to Afghanistan, yet the stubbornness of the Afghan Taliban continues. The closure...

Pakistan-UAE Business Council urges policy continuity as bilateral trade hits over $10b

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Pakistan-UAE Business Council (PUBC) called for sustained policy momentum...

US Export-Import Bank to invest in Pakistan’s critical mineral projects

ISLAMABAD: The US Export-Import Bank (EXIM) has announced plans to invest in Pakistan's critical mineral projects, as the country aims...

Pakistan, EU vow to boost trade, investment ties via GSP Plus scheme

KARACHI: Pakistan and the European Union reaffirmed their commitment to a broad-based, multidimensional, and forward-looking partnership anchored in shared values,...

Govt restores gold import & export after ECC, cabinet approval

ISLAMABAD: The Commerce Ministry has reinstated the import and export of gold after months of suspension, allowing exporters to once...

Supreme Court rules all smuggling-linked vehicles must be confiscated

ISLAMABAD: The Supreme Court of Pakistan has ruled that any legally registered vehicle found transporting smuggled or non–duty-paid goods cannot...

SBP injects Rs 2.17 trillion in the market

KARACHI: The State Bank of Pakistan (SBP) injected Rs 2,173.6 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open...

Pakistan, IMF agree on major changes in tax policy, budget management

ISLAMABAD: The government has agreed with the IMF on changes to tax policy, budget-making, and public finance management for the upcoming...

Finance minister says prioritising transparent and secure regulation of virtual assets