SBP eases payment regulations for importers
Authorised dealers can pay up to 100% of letter of credit or invoice value
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
Red Sea attacks pose threat of supply chain disruptions
Industry experts say trade between Pakistan, China, and the Far East is expected to remain unaffected but trade with Europe and America via the Red Sea could face significant delaysÂ
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
Mango export potential compromised by alleged foul play by govt dept
ISLAMABAD: An alarming issue came to light during a meeting in Multan, chaired by Secretary Ministry of National Food Security and Research...
FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow...
Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...
Cement exports fall 9.77pc to $22.9m during July
ISLAMABAD: The exports of cement witnessed a decrease of 9.77 per cent to $22.925 million during July 2020 compared to the exports...
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...
PSX plummets 785 points as geopolitical tensions escalate
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market...
Services sector’s trade deficit declines 52% MoM in February
Services exports drop by 1.36% YoY to $5.08 billion in 8MFY24
4th PAKPLAS concludes after insightful deliberations and overwhelming response
LAHORE:Â The Pakistan Plastic show (PAKPLAS) 2018 reached its conclusion in Lahore after featuring numerous insightful sessions, technologies, and strategic discussions. This highly...
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...
JS Bank partners with Engro Foods to empower dairy sector
KARACHI: Working to build sustainable livelihoods for the people of Pakistan through monetary support and knowledge transfers, JS Bank has collaborated with...
Pakistan’s exports to Europe decline by 12% in Q1 of FY24 despite GSP+
Despite preferential access to 27-member European (EU) countries, Pakistan's exports to Europe in the first quarter (July-September) of the current fiscal year...