Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan’s locally assenbled automobile sales during July-January 2018-19 (7MFY19) declined 3.0% to 143K units. “Despite supportive measures by the govt in recent economic reform package (Jan-19), we continue to…
KARACHI: The American credit rating agency Moody’s Investors Service has changed its outlook for the banking system in Pakistan (B3 negative) to negative from stable on Monday. “Over the next…
KARACHI: Federal Board of Revenue (FBR) has withdrawn the major penalty of reduction to lower stage imposed on six officials of MCC Peshawar. In pursuance of FST Judgment passed in…
KARACHI: Federal Board of Revenue (FBR) has launched the first Urdu Version of the Customs Act, 1969 for the convenience and benefit of the traders and the business community. The…
ISLAMABAD: In January, the SECP registered 1,317 new companies. As compared to the corresponding month of last financial year, it represents a growth of 9 percent, raising the number of…
Karachi: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) appointed the Chief Financial Officer (CFO) and Company Secretary of Pak-Qatar Takaful Group (PQTG), Muhammad Kamran Saleem, as Convener…
KARACHI: A Chinese consortium, which bought 40% stake in the Pakistan Stock Exchange (PSX) about two years ago and lost almost half of the value to poor market performance, has…
The federal government anticipates the creation of 1 million jobs under the Kamyab Jawan Programme, an aggressive small and medium enterprise lending scheme which is expected to stimulate job creation…
US President Donald Trump on Monday (Feb 11) will sign an executive order asking federal government agencies to dedicate more resources and investment into research, promotion and training on artificial…
Qatar, the biggest supplier of liquefied natural gas (LNG) to India, wants the government to consider bringing natural gas in the ambit of Goods and Services Tax (GST). “LNG should…
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by…
The production of news and journalism cannot be left entirely to market forces, and regulation is needed to curb the power of Facebook and Google, the competition regulator says. The…
DUBAI: Prime Minister Imran Khan met Managing Director of the International Monetary Fund (IMF), Christine Lagarde on the sidelines of the World Government Summit in Dubai and assured Lagarde PTI…
KARACHI: The Federal Board of Revenue (FBR) is undertaking an exercise of identifying and investigating individuals having assets more than their declared income and having assets abroad. In this regard,…