Jahangir Ahmed Dayo appointed Judge of Special Custom Court
KARACHI: Mr Jahangir Ahmed Dayo, Judge Gas Utility Court Karachi was appointed as Judge of Special Court, Custom, Taxation & Anti Smuggling (CT & AS-I) Karachi. He will replace Mr…
Customs Lodge FIRs Against Bank Employee and Others for Fake PRCs
Pakistan Customs Appraisement West has lodged two FIRs against several individuals, including a private bank employee, for submitting and verifying fake Proceed Realization Certificates (PRCs). These actions involved the importer,…
SECP Inaugurates Pakistan’s First-Ever Start-up Summit in Karachi to Empower Innovation and Economic Growth
Karachi: The Securities and Exchange Commission of Pakistan (SECP) successfully inaugurated its first-ever Pakistan Start-up Summit at the Pearl Continental Hotel, Karachi. The first day of the event, received overwhelming…
Pakistan Customs Blocks 470 Containers at Taftan and Quetta
Pakistan Customs has blocked 270 containers at the Taftan border and around 200 consignments at NLC Quetta due to issues with the certificate of origin, which did not indicate Iran.…
SECP extends effective date of applicability of Expected Credit Loss (ECL) Model of IFRS 9 for Circular Debt
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has temporarily deferred the applicability of Expected Credit Losses (ECL) Model of International Financial Reporting Standard (IFRS)-9, ‘Financial Instruments’ for companies…
Valuation Ruling once superseded cannot be applied for assessment of goods, holds SHC
KARACHI: Valuation ruling once superseded cannot be applied for assessment of goods, hold a custom appellate bench of High Court of Sindh while dismissing Special Custom Reference Application filed by…
ChildLife Foundation’s Urgent Call on World Pneumonia Day Amid Climate Change and Smog Crisis
Karachi: On World Pneumonia Day, ChildLife Foundation draws attention to the growing impact of climate change and environmental crises, such as the current smog emergency, on child health in Pakistan.…
Annual Tripartite Labor Conference demanded
KARACHI: Majyd Aziz, Former President Employers Federation of Pakistan, while addressing the National Tripartite Labor Conference as keynote speaker on behalf of Pakistani Employers, stated that “It is a sad…
Meezan Bank Partners with Trifit Gym to Offer Premium Cardholders Unmatched Fitness Discounts
Karachi: Meezan Bank, Pakistan’s leading Islamic bank, has recently entered into an exclusive partnership with Trifit Gym, a world-class fitness club in Karachi and Islamabad, to offer its premium cardholders…
Press Release of Workers’ Remittances in October 2024
• Workers’ remittances recorded an inflow of US$ 3.1 billion during October 2024. • In terms of growth, remittances increased by 6.7 percent and 23.9 percent on m/m basis and…
IDEAS 2024 Partners with PIA to Promote Prestigious Defence Exhibition
Karachi: Pakistan International Airlines (PIA) has the official Airline Partner for IDEAS 2024 (Arms for Peace), the premier defence exhibition in Pakistan. As part of this strategic partnership with Badar…
Governor SBP Stresses the Need for Increasing Credit Allocation to Climate-Resilient Projects
Governor of the State Bank of Pakistan (SBP) emphasized the need to substantially increase credit allocation to projects that enhance climate resilience and promote environmentally sustainable growth. “It is essential…
Customs Unit Ziarat Cross Intensifies Anti-Smuggling Operations, Seizes Rs120 Million Worth of Goods
Quetta: The Customs Field Enforcement Unit (FEU) at Ziarat Cross has intensified its efforts against smuggling, resulting in multiple seizures of illicit goods. Under the directives of Collector Quetta, Umar…
FPCCI Convener Calls for Audit of Green Channel Imports and Faster Processing of Hearings
Sharjeel Jamal, Convener of FPCCI, has praised the formation of the Super Audit Team. However, he highlighted the need to audit green channel imports, suggesting that the Super Audit Team…
Customs Appraisement South Implements Anti-Corruption Measures and Digital Reforms
KARACHI: A meeting was held on November 5, 2024, chaired by the Chief Collector of Customs Appraisement (South), Karachi, and attended by all Appraisement South Collectors and the Director of…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,931.8 million as of 01-Nov-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Mobilink Bank honoured with multiple awards at VEON Ignite 2024
Islamabad: Mobilink Bank, Pakistan’s leading digital microfinance institution, was celebrated with multiple prestigious awards at VEON Ignite 2024. This annual gathering brings together over 200 global leaders from VEON’s extensive…
LUMS collaborates with Lahore Biennale to drive climate awareness
Lahore: Amidst escalating environmental challenges in Pakistan, including record air pollution levels, LUMS has collaborated with the Lahore Biennale’s Climate Congress to hold a series of sessions at the University…
Global Experts Urge End to Lead Use in Landmark Health Study
Aga Khan University’s Dr Zafar Fatmi has co-authored a new paper published in the Lancet Planetary Health, highlighting the urgent need to eliminate lead from the global economy. The study,…
SHC issues circular for petitioners, advocate
KARACHI: A circular has been issued by Registrar of High Court of Sindh for information and facilitation of general public, petitioners and Advocates. As per circular litigants are required to…