Monetary Policy Announcement
The Monetary Policy Committee of SBP will meet on Thursday, March 2, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy…
Amir Paracha elected President of OICCI – the largest business Chamber in Pakistan based on economic contribution
Karachi: Mr Amir Paracha, Chairman & Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the…
SHC assessment Petition not maintainable against assessment proceedings rules, SHC custom bench
KARACHI: An incorrect decision do not render a court or tribunal bereft of jurisdiction. This was held by a custom appellate bench of High Court of Sindh while deciding the…
Almoiz Group bags six prestigious awards at the NFEH Annual CSR Summit 2023
Islamabad: Almoiz Group of Industries, a leading conglomerate with diversified businesses in sugar, steel, power, food, and animal feed, has recently won six awards at the National Forum on Environment…
Federal government orders reshuffle of members, Custom Appellate Tribunal members transferred
KARACHI: The Federal government has ordered postings/transfers of Judicial Members of Customs Appellate Tribunals. According to a notification issued on 23-2-2023 Mr Abdul Jabbar Qureshi, Judicial Member, Karachi was posted…
SHC decides Special Custom Reference Application after 17 years
KARACHI: A custom appellate bench of High Court of Sindh decided two Special Customs Reference Applications pertaining to year 2006 after 17 years of pendency. Pakistan Customs impugned two separate…
FrieslandCampina and Engro Eximp FZE partner for dairy exports worldwide
Karachi: FrieslandCampina Engro Pakistan (FCEPL) and Engro Eximp FZE (EEF) signed a Franchise Agreement to enhance dairy exports from Pakistan. In line with FrieslandCampina’s global purpose of nourishing by nature,…
Huawei launches the first ever smart village in Gokina
Islamabad: In line with the Government’s Digital Pakistan vision and the UN SDGs, Smart Village Pakistan aims to digitally transform remote and rural communities with Internet connectivity and empower local…
Heavy Taxes on Cigarettes Will Facilitate Illicit Manufacturers
The tobacco sector has been at the hit list for the government’s increasingly higher revenue collection needs, by paying higher taxes. The fresh massive strike of around 153 percent Federal…
MMBL and SCBF commit to fostering financial inclusion through innovative Credit Scoring & Banking Solutions
Islamabad: Mobilink Microfinance Bank Limited (MMBL) is partnering with the Swiss Capacity Building Facility (SCBF), a Switzerland-based innovative public-private platform, and the Arab Gulf Programme for Development (), a Saudi…
SAP’s Objective is to Bring Positive Change in the Lives of People through Digital Transformation
SAP’s Senior Vice President Middle East and North Africa, Ahmed Al-Faifi, on his visit to Pakistan, met with Federal Minister for Planning, Development & Special Initiatives, Mr. Ahsan Iqbal, Chairman…
Strengthened Networks portfolio boosts Ericsson’s drive towards Net Zero emissions
A new range of 10 radios led by triple-band Radio 4485, which is 53 percent lighter than comparable products. Also launching new mobile transport and software solutions Industry-first, 600MHz Massive…
SHC suspends auction, order provisional release on securing disputed amount of demurrage
KARACHI: The auction notice issued by Pakistan Customs dated 15-11-2022 in respect of a consignment imported by Sunlife Solar Co (Pvt) Ltd was suspended for a week while request for…
SHC orders release of consignment of Reon Energy
KARACHI: Hearing a petition of Mandamus filed by Reon Energy Limited, Karachi, a custom appellate bench of High Court of Sindh ordered release subject to securing of amount of fine…
FrieslandCampina and International Trade Centre partner to support Dairy Sector SMEs in Sindh & Balochistan
FrieslandCampina Engro Pakistan Limited (FCEPL) signed a Letter of Intent (LOI) with International Trade Centre (ITC) for Growth for Rural Advancement & Sustainable Progress (GRASP) in Karachi. Growth for Rural…
National Incubation Center Peshawar Join Hands With Code for Pakistan for the Net Zero Tech Camp Challenge
PESHAWAR:- This week NIC Peshawar, with support from The Asia Foundation, hosted the second round of the Net Zero Tech Camp Challenge. The event, curated by Code for Pakistan featured…
FBR to impose 25% sales tax on imported luxury and non-essential items
KARACHI: The Federal Board of Revenue (FBR) FBR will issue a statutory regulatory order (SRO) to impose 25% sales tax on a wide range of imported luxury and non-essential items.…
SHC allows provisional release of dessicated low fat coconut consignments
KARACHI: Hearing a constitution petition filed by Mesers MAAC International, a custom appellate bench of High Court of Sindh allowed request for provisional release subject to securing of disputed amount…
Engro Corporation FY 2022 Results
Karachi: Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the year ended December 31, 2022. Overview of Financial Performance during 2022: Engro Corporation’s standalone revenue…
Digitization can add $60 billion to Pakistan Economy within next 7 to 8 years, OICCI Digital Report
President Arif Alvi lauds OICCI for presenting Recommendations for Digital Transformation in Pakistan: Digitization offers innovative employment prospects to the 23 percent of Pakistan’s population that falls in 20 –…