Custom Appellate Tribunal allows appeal by Biotech Energy
KARACHI: A two member custom appellate tribunal bench allowed an appeal filed by Bio-tech Energy (Pvt) Ltd against refusal to allow exemption to RBD Palm Oil used for making bio…
Pak-Qatar Takaful Wins 12th Annual Corporate Social Responsibility Award in the Category of Business Practices
Karachi: Pak-Qatar Takaful is awarded at the 12th Annual Corporate Social Responsibility Award in the category of Business Practices at the awards ceremony at the local hotel in Karachi. On…
National Policy Dialogue on Localization for Growth to be held on March 13
KARACHI: A distinguished line of speakers will be gathering on March 13, 2023 for a conference on National Policy Dialogue on the Power Sector under the theme of “Localisation for…
Zonergy Corporation made its presence felt in Pakistan’s biggest and most Dedicated Solar Exhibition “SOLAR PAKISTAN”
Lahore: Zonergy Corporation, a leading provider of renewable energy storage solutions, participated in the 12th edition of the SOLAR PAKISTAN Exhibition and 5th edition of the Electricity Pakistan Exhibition at…
SBP Auction Target Calendar Mar 23 – May 23
Auction Target Calendar for the Sale of GOP Ijara Sukuk Variable Rental Rate (VRR) March 2023 – May 2023: Auction-Sukuk Auction Target Calendar for the Sale of GOP Ijara Sukuk…
Press Release of Workers’ Remittances in February 2023
Workers’ remittances recorded an inflow of US$ 2.0 billion during Feb 23. During Feb 23, remittances increased by 4.9 percent on m/m. On y/y basis, remittances decreased by 9.5 percent.…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 9,754.0 million as of 03-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
SBP MTB & PIB (Floater) Auction Result
Pakistan Investment Bond – Floating Rate (PFL) Quarterly Auction Result: PIB Floater-Quarterly Web Result Pakistan Investment Bond – Floating Rate (PFL) Semi-Annual Auction Result: PIB Floater-Semi Annual Web Result Government…
State Bank of Pakistan OMO Result
State Bank of Pakistan conducted Open Market Operation, Reverse Repo Purchase (Injection) on March 7, 2023. The result is as under: Result of SBP Open Market Operations (OMO)-Injection
Martin Dow Group Wins 2 GDEIB Awards
Martin Dow Group, a Leading Multinational Healthcare Group in Pakistan received Global Diversity, Equity & Inclusion (DEI) Benchmark Awards 2023 in 2 categories. The company received ‘Best Practice’ award in…
SHC dismisses bail application by accused Custom Consultant
KARACHI: A custom appellate bench of High Court of Sindh dismissed two bail application filed by an accused Custom Consultant Asad Iqbal Shaikh. The accused was represented by Aslam Bhutta…
Governor SBP Inaugurates New Building of SBP BSC Sialkot Office
Governor State Bank of Pakistan, Mr. Jameel Ahmad today inaugurated the new building of State Bank of Pakistan, Banking Services Corporation (BSC) in Sialkot. The inauguration of this new building…
Khuzdar Customs seizes narcotics worth Rs 110 million
QUETTA: Customs Khuzdar has recovered 450kg of high quality charas, which is valued at Rs 110 million. Information was passed through Chief Collector Karachi Yaqoob Mako to Collector Khuzdar Imran…
I&I Sukkur seizes smuggled goods worth millions of rupees
SUKKUR: Customs Intelligence and Investigation Sukkur has seized large quantity of smuggled miscellaneous goods worth millions of rupees. These goods were being transported to Karachi from Baluchistan for onward distribution.…
Pak-Qatar General Takaful Partners with Takaful Bazaar to Promote Takaful Products to Wider Audiences
Karachi: Pak-Qatar General Takaful has partnered with Takaful Bazaar as this partnership aims to promote and offer Shariah Compliant products as well as to smooth the customer handling journey via…
OICCI, Unilever Pakistan and Circle mark Women’s Day with a theme of ‘Embracing for Equity’
KARACHI: The Overseas Chamber of Commerce & Industry (OICCI), partnered with Unilever Pakistan and Circle, marked International Women’s Day with an event to celebrate the opportunities and challenges of enabling…
SHC dismiss petition by AMIA Energy, Demand for EIF, FI do no infringe any right of an importer holds
KARACHI: An appellate bench of High Court of Sindh (SHC) dismissed a constitutional petition filed by AMIA Energy which imported 54,700 Metric tones of coal for Hub Power Plant questioning…
I&I Karachi recovers smuggled betel nut worth Rs10 million
KARACHI: Anti smuggling team of Customs Intelligence Karachi has recovered large quantity of smuggled betel nuts concealed under cow dung. Based on information passed through Director Saquif Saeed to Additional…
Customs Enforcement Karachi seizes smuggled goods worth Rs56.16 million
KARACHI: Customs Enforcement Karachi has recovered large quantity of smuggled cigarettes, gutka, betel nut, Chinese salt and Cutch from a passenger bus coming from Quetta to Karachi. The value of…
SHC allows application by IR, order discharge of securities
KARACHI: An appellate bench of High Court of Sindh allowing an appeal filed by Commissioner, Inland Revenue, Large Tax Payer’s Officer (LTO) seeks discharge of sureties in favor of the…