Result of SBP OMO Injection May 31, 2024
Result of SBP Open Market Operations (OMO)-Injection Result of SBP Open Market Operations (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,315.4 million as of 24-May-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Meezan Bank and Legends Arena Join Hands to Promote Health and Fitness
Karachi: Meezan Bank, Pakistan’s Premier Islamic bank, has recently announced a strategic partnership with Legends Arena, a state-of-the-art sports facility in Karachi. The signing ceremony recently held at Legends Arena…
Microsoft and HEC collaborated to Bridge Academia-Industry Gap by Empowering Future Tech Leaders
Pakistan: Microsoft Pakistan brought together leading figures from academia and industry for a dynamic event “Bridging the Academia-Industry Gap” on Thursday, May 30th, 2024. Held at the Auditorium, HEC Headquarters…
More than 400 Camels Arrive at Northern Bypass Cattle Market
Karachi: The influx of cattle from all over the country has intensified at the cattle market for sacrificial animals on the Northern Bypass. Apart from cows, bulls, and goats, camels…
KTBA elects office bearers, executive committee members
KARACHI: Karachi Tax Bar Association elected officer members and members of Executive Committee here on Wednesday. The following are the elected office bearers: President Syed Zafar Ahmed, Vice president Muhammad…
Customs Adjudication Lahore imposes surprisingly nominal penalties on Zaniq Green and FK Enterprises
KARACHI: Collector Customs Adjudication Lahore Saira Agha held the importer M/s Zaniq Green and ordered confiscation of the goods. However, certain goods can be redeemed on payment of 20% redemption…
SAI Chief Urges Full Power Restoration for Industries After Haroonabad Grid Fire
KARACHI: SITE, Electricity supply to industries in Karachi’s largest SITE industrial area has gradually started to recover after being suspended for four days. However, 30 percent of industries remain without…
Pakistan Customs Officers and Officials Excel in One Run International Half Marathon Event
Karachi: Officer and officials from Pakistan Customs participated in the One Run Half Marathon event held at Emaar, Karachi. This participation underscores the department’s commitment to promoting physical fitness and…
IHC disposes of petition after undertaking by Member Customs for implementing order of Tribunals Custom Officials cannot sit on or defy orders of tribunals
KARACHI: A bench of Islamabad High Court comprising Justice Babar Sattar disposed of a writ petition filed by one Imran Ali seeking implementation of order passed by Custom Appellate Tribunal.…
Customs Enforcement in Karachi Seizes 3000kg of Smuggled Betel Nuts
Karachi: In a significant operation against the illegal trade of smuggled goods, the Collectorate of Customs Enforcement in Karachi carried out a successful raid on a godown located at Singer…
Envoy underscores need to diversify Pakistani exports to Oman
KARACHI: Consul General of the Sultanate of Oman Eng. Sami Abdullah Al Khanjari has said that Omani government imports 60 percent of its rice from Pakistan because of its ‘best…
Hutchison Ports Pakistan marks the historic arrival of the Largest Container Vessel Ever to Berth in Pakistan
Hutchison Ports Pakistan welcomes the maiden call of the CV MSC ANNA, the largest container vessel ever to berth in Pakistan. This milestone underscores the terminal’s advanced capabilities and strategic…
Clandestine Fuel Warehouse in Karachi Busted for Counterfeit Production
KARACHI: In a joint operation led by the Karachi Police and Customs Intelligence agencies, a hidden warehouse in Karachi’s Korangi district has been exposed as a hub for producing counterfeit…
Illicit Trade in Pakistan: Challenges and Solutions
The Transnational Alliance to Combat illicit Trade (TRACIT), a New York based Global think tank dedicated to mitigating economic and social damages of illicit trade has recently published a report:…
SHC remands back cases to Income Tax Appellate Tribunal
KARACHI: The Cut and Paste of paragraphs in different appeals irked an Income Tax Appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and Justice Jawad…
Yarn Brokers Traders & Importers Association Demands Prevention of EFS Misuse
KARACHI: The Yarn Brokers, Traders & Importers Association, Karachi, has expressed serious concerns over the sale of imported polyester yarn in local markets under the Export Finance Scheme (EFS). The…
Multiple Sclerosis (MS) – Act now to stop disability among affected patients
Karachi: In recognition of World Multiple Sclerosis Day, Roche Pakistan Limited held a panel discussion to raise awareness about Multiple Sclerosis (MS) in Pakistan, and to emphasize the unmet needs…
CCP APPROVES MERGER OF TWO BROKERAGE HOUSES
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of M/s. Intermarket Securities Limited (IMS) with M/s. EFG Hermes Pakistan Limited (EFG). M/s.…
State Minister, FBR assure to positively consider KCCI’s proposals for budget
KARACHI: Minister of State for Finance & Revenue Ali Pervez Malik and Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana along with FBR Team, after having an interactive…