FBR reshuffles 136 BS-16 officials across the country
KARACHI: The Federal Board of Revenue (FBR) has notified large scale transfers and postings of BS-16 Customs officials with immediate effect.
Customs Preventive lodged FIR against M/s Clover Pakistan
KARACHI: MCC Preventive Karachi has lodged an FIR against owners of M/s ZY & Co Bonded Warehouse and M/s Clover Pakistan Limited. Collector Preventive Saquif Saeed had tasked Additional Collector…
Customs Appellate Tribunal dismisses 23 identical appeals
KARACHI: The chairman, Special Customs Appellate Tribunal has dismissed 23 identical appeals and allowed the release of Betel Nuts, cloth, Cigarette Sticks on ground that same were seized from city…
Everyone now focused on outsourcing Karachi’s infrastructure development to NDMA, FWO: Siraj Teli
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has said that the entire country including the Federal & Provincial Governments,…
Transit Trade officers demoralized as smuggling cartels grow in power
KARACHI: Additional Director Transit Trade Rehmatullah Vistro resigned last week. Now that details behind his resignation come to light, it raises serious questions on the authority of the system as…
Decisions to strictly regulate Afghan transit trade on the cards
KARACHI: An online meeting between Member Customs Tariq Huda Director General Transit Trade and Directors of Transit Trade will be held on Friday to discuss transit trade and several important…
FIR lodged against M/s Popular Fruit Juices
KARACHI: ASO of MCC Preventive Karachi has lodged an FIR against owner of M/s Popular Fruit Juices and others. ASO had recovered large quantity of smuggled dry milk, and foreign…
KCCI REJECTS ELECTRICITY HIKE: Agha Shahab urges Advisor Finance to immediately withdraw ECC’s approval
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has said that the announcement of increase in rates of electricity ranging from Rs.1.09 to Rs.2.80 has…
Competent officers posted as Customs Intelligence and Investigation being restructured
KARACHI: The Directorate of Customs Intelligence and Investigation Karachi has redistributed work among Additional Directors and Deputy Directors. Additional Director Sheeraz Ahmed is assigned Division I,II,III; FTA, DRRA & Internal…
Customs Preventive Quetta continues anti-smuggling campaign making successive recoveries
QUETTA: Customs Quetta, at Dalbandeen Check Post, recovered large quantity of smuggled goods worth Rs30 million. Customs also seized four vehicles used in transporting the smuggled goods. Information was received…
Current Account Surplus to compromise GDP growth unacceptable: FPCCI Mian Anjum Nisar says no benefit of Macroeconomic stability at cost of halt in industrial growth
The Federation of Pakistan Chambers of Commerce and Industry has hailed the government’s efforts to control Pakistan’s current account deficit, leading to a surplus of $424 million in July 2020,…
SECP conducts a series of AML/CFT awareness sessions
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with United Nations Office on Drugs and Crime (UNODC), conducted a series of online capacity building workshops for the…
Customs officers resigning as there is no carrier growth in the service
KARACHI: Additional Director Reforms Rehmatullah Vistro has tendered his resignation due to some personal reasons. Vistro is a highly reputed and competent officer. His resignation has not been accepted by…
TPL Trakker’s Location Based Services to Power TPL Logistics’ Innovator, Rider
KARACHI: TPL Trakker, Pakistan’s leading IoT Company providing Tracking, Telematics, and Location Based Services and Solutions, has partnered with Rider, a rapidly growing end-to-end e-commerce logistics company. Following the partnership,…
Revision of Guidelines on Stress Testing of the Banking Sector
The State Bank of Pakistan has today released a revised suite of Guidelines on Stress Testing, which replaces the earlier guidelines issued in 2012. Stress testing is a key tool…
K-Electric field-team rescues 6 workers trapped in a burning factory in North Karachi
Karachi: A field-team of K-Electric (KE) recently demonstrated remarkable courage, as they rescued 6 laborers who were stranded inside a blazing towel-factory in 16-B North Karachi Industrial Area. As soon…
‘Fab Lab’ at IoBM ready to invent the future Karachi – September 2, 2020
The Fab Foundation has approved IoBM Fab Lab (fabrication laboratory) to cater to the innovative mindsets. It will provide an environment to nurture entrepreneurship and intrapreneurship initiatives. The Fab Lab…
ASO Preventive raids factory of M/s Popular Fruit Juices, arrests owner
KARACHI: A team of ASO Preventive Karachi raided the factory of M/s Popular Fruit Juices in New Karachi commercial area and recovered large quantity of Iran-origin smuggled milk powder and…
PSX Welcomes the Chairman and Executive Committee Members of the Newly Established PSBA
Karachi: Pakistan Stock Exchange (PSX) welcomed the Chairman, Mr. Aqeel Karim Dhedhi, and the Members of the Executive Committee of Pakistan Stock Brokers Association (PSBA) by hosting a luncheon in…
FPCCI CALLS FOR IMMEDIATE & URGENT MEASURES FOR REHABILITATION OF KARACHI
Mian Anjum Nisar, President, Sheikh Sultan Rehman and Khurram Ejaz, Vice Presidents of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have expressed their serious concern, sorrow and…