Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The July-December 2018 trade numbers were released on Thursday, where Pakistan’s exports were recorded at $11.1 billion, up 1.7 percent over last year while the country’s imports for the…
KARACHI: State Bank of Pakistan (SBP) has won the global award as the best Central Bank in promoting Islamic finance for the year 2018. The coveted award is conferred by…
KARACHI: For the third consecutive time, Nestlé Pakistan won the First Prize for “Living the Global Compact Business Sustainability Award 2018″, in the multi-national category, at the “Business Sustainability Moot…
KARACHI: Overseas Pakistani workers remitted $10.718 billion in the first half (July to December) of the current fiscal year FY19, showing a growth of 10 percent compared with $9.744 billion…
KARACHI: Pakistan auto sales are up 1.0 percent in December 2018 to 19,423 units compared with 19,237 units sold in December 2017. However, sales are up 11 percent compared with…
KARACHI: Consul General of Sri Lanka G. L. Gnanatheva, while highlighting some the obstacles in way of smooth trade between Pakistan and Sri Lanka, particularly mentioned that the imposition of…
KARACHI: The government has announced a ban on the import of Furnace Oil (FO) and also instructed refineries to utilize deemed duty granted to them on sale of High Speed…
KARACHI: As the government tightens nose against money laundering and unauthorized flight of capital, the Financial Monitoring Unit (FMU) of the State Bank of Pakistan (SBP) has identified Ali Khan…
KARACHI: Pakistan’s cement dispatches depict a growth of 4.0 percent in first half of the current fiscal year (July-December 2018) to 23.11 million tons, primarily due to robust export –…
KARACHI: Customs Intelligence & Investigation Lahore has seized 23 tons of smuggled betel nut worth Rs30 million and arrested two persons. Information was passed through Director Rubab Sikander that smuggled…
KARACHI: Directorate of Customs Valuation Karachi has revised the Customs values of phenolic resin, polyurethane resin, melamine resin and epoxide resin vide Valuation Ruling No.1351/2019. Earlier the Customs values of…
KARACHI: Directorate of Customs Valuation Karachi has revised the Customs values of various spices and nutmeg vide Valuation Ruling No.1350/2019. Earlier customs values of various spices and nutmeg were determined…
KARACHI: The Gas & Oil Pakistan Ltd has commissioned its state-of-the-art terminal at Mahmoodkot, Punjab in the vicinity of PARCO Mid-Country Refinery, which is the largest oil storage facility of…
ISLAMABAD: Chinese Sichuan Chuanzhong Gas Investment Co Ltd has expressed its interest to investment in Pakistan’s natural gas exploration and development sector. A visiting delegation of the company on Wednesday…
KARACHI: Master Motor is to start assembling Iveco trucks this year, which will be the first Italian automotive brand being manufactured in Pakistan. This was announced by Master Motor Chief…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued directives to the insurance sector for protection against cyber attacks, saying the probability of cyber risk is greater today…
ISLAMABAD: The filament manufactures group, producers of synthetic fibre and filament, has committed investment to the tune of $125 million in capacity expansion in Pakistan, as fair protection is assured.…
ISLAMABAD: Prime Minister Imran Khan Wednesday chaired a meeting to review progress on improving Ease of Doing Business (EoDB) in the country at Prime Minister’s Office. The meeting was attended…