Evri and DHL Ink UK Parcel Delivery Merger
Evri and DHL’s UK parcel delivery business have announced a merger agreement that could create a formidable competitor to Royal Mail. The deal, pending approval by the Competition and Markets…
Government’s Strategy Questioned as Illicit Cigarette Trade Expands
The growing illicit cigarette trade is severely undermining Pakistan’s tobacco sector and tax revenue, with experts questioning the effectiveness of the government’s current strategy. By bringing the illicit trade into…
CCP signs MoU with NAB to Collaborate Against Bid Rigging and Collusive Practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) and the National Accountability Bureau (NAB) have signed a Memorandum of Understanding (MoU) to enhance cooperation in combating bid rigging, collusive tendering, and…
SAI Chief Calls for Economic Revival After Military Success
KARACHI: Ahmed Azeem Alvi, President of the SITE Association of Industry, expressed deep gratitude for Pakistan’s recent military victory, attributing the success to divine support, public prayers, and the sacrifices…
Customs Enforcement Gadani seizes smuggled goods worth Rs 40 million
QUETTA: In a major crackdown on smuggling activities, Collectorate of Customs (Enforcement) Gadani intercepted a large consignment of smuggled goods, including mobile phones and Boostin Plus injections, with a total…
Amendment to Tax Ordinance Issued Without Stakeholder Consultation, Businessmen Panel
Karachi: Chairman of the Businessmen Panel (BMP) and former FPCCI President Mian Anjum Nisar stated that the recently enforced Tax Laws (Amendment) Ordinance 2025 was issued without consulting relevant stakeholders,…
False Fuel Saving Claim: CCP imposes Rs. 40 Million penalty on Al-Ghazi Tractors
ISLAMABAD: Farmers across Pakistan, especially small landholders often make purchasing decisions based on savings and efficiency. For them, a claim like “ up to 30% extra diesel savings” can mean…
SBP has received 2nd Tranche from IMF under EFF program
IMF Executive Board completed the first review under the Extended Fund Facility (EFF) in its meeting held on 09May2025, and approved disbursement of SDR 760 million for Pakistan. Accordingly, SBP…
SHRC to provide technical support to GTR Tyres for new tyre designs
Karachi: A senior technical team of Shandong Hueshang Rubber Company (SHRC) recently visited Pakistan to discuss their plans of technical support to GTR Tyres. According to details, the senior technical…
Pakistan’s Historic Victory Over India: A New Era of Pride and Global Standing
The morale of the Pakistani Armed Forces and its people has soared to unprecedented heights following a historic victory over India. This triumph has not only reinforced national pride but…
Customs Intelligence Issues 24 Alerts, several cases made
Karachi: In a significant move to tighten regulatory oversight, Customs Intelligence has issued 24 alerts to all collectorates, highlighting discrepancies in import procedures and valuation rulings. The alerts—issued under the…
U.S. Border Officials Plan to Track Departing Travelers With Facial Recognition
The U.S. Customs and Border Protection (CBP) intends to expand its facial recognition system to monitor travelers leaving the country by vehicle, WIRED reports. The initiative would mirror CBP’s current…