Karachi Port Trust to build $10bn freight corridor

KARACHI: The KPT is initiating work on the development of a freight corridor at a whopping estimated cost of around $10 billion along the...

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.

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

PGPC refuses to clear duty while Customs decides to initiate proceedings: sources

ISLAMABAD: A new controversy has emerged as Pakistan Gas Port Consortium (PGPC) has so far refused to pay customs duty and withholding tax worth...

Ship container service connecting Gwadar to the UAE starts

KARACHI: The first ever container vessel 'MS TIGER' under the CPEC (China Pakistan Economic Corridor) project has arrived at Gwadar Port. Pakistan Navy ships...

Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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Senate body reviews FED on essential items, proposes reduction in duties

ISLAMABAD: Senate's Standing Committee on Finance, Revenue and Economic Affairs on Thursday reviewed Federal Excise Duty (FED) clauses of Finance Bill 2019 and recommended a...