Ningxia, a rising star of world’s wine map
YINCHUAN: China’s Ningxia Hui Autonomous Region harvested 22 Gold, the most awarded wine region in China, on the Berliner Wein Trophy held on March 9, according to the Administrative Committee…
How corona locks down national economy?
By Parvez Jamil As corona flare and scare assume alarming proportions in all sections and at all levels of human society, from man in the street to men at the…
Pakistan’s exports unlikely to cross $20bn mark this fiscal
KARACHI: Pakistan’s overall exports are going to take a serious hit with exporters expecting very little to none exports in the last quarter of the current fiscal year. Exporters estimate…
Ministry of Maritime Affairs announces to waive demurrages, extend free time at ports
KARACHI: Minstry of Maritime Affairs has decided to waive port demurrages and extend free time at ports, Vice President FPCCI Khurram Aijaz said. Minister Ali Zaidi announced that port demurrages…
Customs staff at NLC terminal provided modern safety gear
QUETTA: On the directives of Chief Collector Baluchistan Dr Zulfiqar Ali, the Customs staff at NLC terminal is provided with modern safety gear. These arrangements were made so that work…
Ministry of Energy cancels crude imports from April 1st
ISLAMABAD: The Ministry of Energy has cancelled crude oil imports with effect from 1 April 2020 to support Pakistan’s domestic refining industry through an official order. The MoE also defined…
Halal Certificate requirement on imports condoned till May 30
KARACHI: The Ministry of Commerce has condoned the requirement of Halal Certificate from the specified body till May 30, 2020. The ministry notified amendment in the Import Policy order vide…
Three PCS officers promoted to BS-20
KARACHI: The Federal Board of Revenue FBR has notified promotion of three BS-19 officers of Pakistan Customs Service PCS into BS-20. The promoted officers include Muhammad Iqbal Muneeb, Amer Rashid…
SECP guides Insurers to facilitate insurance policyholders during COVID-19
ISLAMABAD: Amid outbreak of COVID-19 (Coronavirus) in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has issued guidance to insurance companies for imparting maximum facilitation to insurance policyholders and…
SBP urged to strengthen rupee to retain positive impact of package
The Union of Small and Medium Enterprises (UNISAME) has urged the governor State Bank of Pakistan (SBP) Raza Baqir to take prompt steps to strengthen the rupee and take measures…
Last date for KCCI’s membership renewal extended up to April 30
KARACHI: Referring to a notification issued by Directorate General of Trade Organizations (DGTO), the spokesman of Karachi Chamber of Commerce & Industry (KCCI) has informed that the last date for…
Irregularities at KPT: Rear Admiral Jamil Akhtar removed
KARACHI: Due to irregularities at Karachi Port Trust (KPT), the Ministry of Maritime Affairs has removed Rear Admiral Jamil Akhtar from the office of Chairman KPT with immediate effect. Director…
Two PCS officers promoted to BS-21
KARACHI: The Federal Board of Revenue (FBR) has notified promotion of two BS-20 officers of Pakistan Customs Service (PCS) into BS-21. The promoted officers include Dr. Saifuddin Junejo and Dr.…
M/s Byco Petroleum served notice for recovery of Rs552.68 million
KARACHI: MCC preventive Karachi has served a notice on M/s Byco Petroleum Pakistan for the deposit of disputed amount in compliance with the order of the Sindh High Court. MCC…
FPCCI establishes help desks for Exporters in Karachi, Lahore and Islamabad, Mian Anjum Nisar
Mian Anjum Nisar President Federation of Pakistan Chambers of Commerce and Industries (FPCCI) has established Help Desks in Karachi, Lahore and Islamabad offices to help the business community due to…
KCCI for proper mechanism to ensure smooth transfer of financial relief
KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan said an effective mechanism was…
Customs agents seek measures towards the trade facilitation in view of ongoing lockdown
KARACHI: Karachi Customs Agents Association (KCAA) has urged the authorities including Federal Board of Revenue (FBR) and ministries to take appropriate measures towards the trade facilitation in view of ongoing…
KCCI asks Minister Maritime Affairs to order waiver of port demurrage, container detention till May 31st
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged the Ministry of Maritime Affairs to get the port demurrage and container detention charges till May 31, 2020. In the…
Wholesale Grocers condemn detention of grain vehicles by police
KARACHI: Karachi Wholesale Grocers Association (KWGA) has expressed concern over the undue detention of grain carrying vehicles by Police and urged the authorities to refrain police from this practice, otherwise…
KCAA seek appropriate measures towards the trade facilitation in view of ongoing Lockdown situation in the country due to outbreak of Novel Coronavirus (Covid-19)
The Karachi Customs Agents Association informed through a Press Release that in order to facilitate the trade in general and Customs Agents Community (Service Providers) in particular during the ongoing…