CCP imposes Rs5m penalty on Reliance Paints for price-fixing, downstream cartelisation
KARACHI: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs5 million on Reliance Paints Pakistan for fixing a minimum...
Auto sector bleeds red as dollar jumps to Rs118Â
KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...
Malls consider reducing rental waivers as Covid-19 cases decline
KARACHI: As the coronavirus cases decrease in the country, leading malls may be looking towards reducing waivers on rentals which poses a...
Reduction in import duties on MDF demanded by major importers
KARACHI: The importers of Medium Density Fiberboard (MDF) have demanded from the government to reduce the import duty on raw MDF from...
CCP to hold an open hearing on Auto sector on April 12
KARACHI: The Competition Commission of Pakistan (CCP) is holding a public hearing on the auto sector on April 12 in Islamabad, and has invited all...
Pakistan failed to sign any FTA’s in the last 5 years
ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) started the negotiations on various trade agreements including the Free Trade Agreement...
Health Ministry asks policy review of reducing cigarette prices to save livesÂ
ISLAMABAD: Contrary to the claim of the local tobacco industry about the market share of non-duty paid/illicit cigarette brands, a study has...
Lucrative investment opportunities for Kuwait in Pakistan: SBI Chairperson
KARACHI: Sindh Board of Investment (SBI) Chairperson Naheed Memon in her address to the Pak-Kuwait Investment Conference being held at Kuwait by...
Revenue share of tobacco industry decreases to 83.69bn in 2016-17
KARACHI: The revenue collection of Federal Board of Revenue (FBR) on documented cigarettes further declined to Rs83.69 billion in the year 2016-17...
Exports surge by 13.14pc, trade deficit widens by 17.3pc in first 9 months
KARACHI: The country’s exports have enhanced by 13.14 per cent in first nine-months of the current fiscal year to $17.081 billion, as...
MoC, NTC finalise National Trade Policy
ISLAMABAD: Ministry of Commerce (MoC) and the National Tariff Commission (NTC) has finalised the much waited National Tariff Policy. Commerce Division and...
China voices firm stance on debt control
BEIJING: China is confident of fully forestalling systemic risks, the country's finance minister said on Wednesday, voicing firm stance on debt control.
The...
21.74pc growth of food group exports in eight months
ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as...
Lack of financing hurting SME growth: SBPÂ
KARACHI: The decline in the availability of credit has "significantly hampered" the growth of small and medium enterprises (SMEs) during the last...
Government likely to announce 6th budget by last week of April
ISLAMABAD: While the government is in difficulties facing acute budget deficits, it is likely to announce its last and sixth budget by...