Earlier this week it was reported Pakistan’s cement exporters have been directed to recall their containers which were set for India, upon the request of Indian importers after their government imposed a 200% increase in duty on several products
Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year
ISLAMABAD: Pakistan Sugar Mill Association (PSMA) has decided to shut down sugar mills rather than bearing a loss of Rs15 per kg on the...
A growing Muslim population and rising non-Muslim interest in halal products is a market waiting to be captured
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
Growth in imports has stalled, but the rise in exports has failed to deliver tangible results and should be a cause of concern for the government
Consequently, the tariff cut will be beneficial for the industry and enhance the country’s competitiveness in the global market besides reducing the cost of doing business
German giants like Volkswagen and Siemens have shown their desire to invest in Pakistan
About portfolio investment, the central bank said net outflows accelerated in the first quarter (July-September) of FY19 due to foreign selling doubling from local bourses compared to the same period in 2017
The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.
ISLAMABAD: As the government is already facing a revenue shortfall of Rs125 billion during the past six months due to the relaxation of taxes...
Commerce ministry has proposed to gradually lower down the regulatory duties on tariff in order to improve the export competitiveness
The central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion
It projected the deficit to widen to 6% of GDP in fiscal 2019 due to revenue growth possibly being below government forecasts, slower economic growth and the new revenue-based incentives
According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia
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