Pakistan, Tajikistan agree to substantially increase bilateral trade

Pakistan and Tajikistan Saturday agreed to make joint efforts to substantially increase the bilateral trade, noting that there existed huge economic potential to exploit.

PML-N led govt failed to stabilise economy, says FPCCI

Former govt borrowed $44 billion yet it had no positive impact on the economy and now the country at the brink of bankruptcy 

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.

Can Pakistan & China work in tandem in building economic links to third markets?

Pakistan is a key point along those routes, and it is likely to become an interchange station connecting China and Europe

Circular debt touches staggering levels, crosses Rs1 trillion

Official documents disclosed during the first nine months of the financial year 2017-18, over Rs60 billion worth of electricity was stolen

U.S., EU take small step on trade, but no breakthrough at G7 summit

Expectations for a major breakthrough on trade at the summit, however, remain low, with U.S. allies focused on avoiding rupturing the G7, which in its 42-year history has tended to seek consensus on major issues

Pakistan exports to Afghanistan clock two-year highs, touch $1.282 billion

In FY15, exports to Afghanistan were recorded at $1.699 billion which decreased to $1.230 billion in FY16 and reducing to $1.165 billion in FY17

Pakistan’s trade deficit touches record high of $34b in July-May FY18

The total increase in imports during July-May FY18 was around 14 percent compared to corresponding last FY17

Punjab misses wheat procurement target, purchases 3.62 million tons

Office bearers from several farmers’ organizations have blamed the food department for not having started procurement campaign by mid-April

Chemical industry seeks government assistance to establish petrochemical complex

Pakistan doesn’t possess a single cracker complex which made its downstream industry hugely dependent on imports, said Kidwai

Oil industry gets its wish, petrol & diesel profit margins jacked up

The Federal Board of Revenue’s (FBR) inability to formulate a mechanism for general sales tax (GST) collection under a deregulated system, allowed the oil industry to get these margins revised in line with an old Consumer Price Index (CPI) based formula

Nepra chastises NTDC for recurring power failures

NTDC was granted permission by Nepra to invest Rs96.63 billion in the last three years to enhance dependability of the transmission network

Property tax collection plunged 20 percent in July-April FY18

Punjab’s property tax collection fell 31.62 percent, to touch Rs2.66 billion in first ten months of FY18, compared to Rs3.88 billion in the same period of FY17

Chinese Acting Ambassador congratulates Dr Shamshad on new assignment

ISLAMABAD: Acting Ambassador of the People’s Republic of China, Zhao Lijan on Friday felicitated Minister for Finance, Revenue, Economic Affairs, Statistics and Planning...

TCS helps NED Racers move race car prototype to Canada

KARACHI: Pakistan’s largest courier, logistics and services provider, TCS provided logistical assistance to NED Racers, a cohort of dynamic engineering students from...