SHC decides petition by Ecorubber Solutions by consent
KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Yousuf Ali Sayeed and Justice Muhammad Osman Ali Hadi disposed of a petition filed by Ecorubber Solutions Private…
FPCCI hails Pakistan’s leadership for role in US–Iran ceasefire
KARACHI: Saquib Fayyaz Magoon, Chairman Businessmen Panel-Progressive (BMPP) and Senior Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI), has lauded Prime Minister Shehbaz Sharif, Field Marshal Asim Munir,…
ABHI Microfinance Bank and PEMRA Partner to Provide Earned Wage Access to Employees
Islamabad: ABHI Microfinance Bank Limited has entered into an agreement with the Pakistan Electronic Media Regulatory Authority (PEMRA) to provide Earned Wage Access (EWA) services to its employees, enabling them…
Khurram Ijaz Criticizes Surge in Govt Bank Borrowing, Warns of Threat to Private Sector Financing
Karachi: Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI), has sounded the alarm over the federal…
EFS Misuse Causes Rs140bn Loss to National Exchequer PCDMA Chief Calls for Urgent EFS Policy Review
KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) has voiced serious concern over the misuse of the Export Facilitation Scheme (EFS), cautioning that duty-free imports are being diverted into the…
Supernet Technologies Builds Multi-Billion Pipeline as It Transitions to PSX Main Board
Karachi: Supernet Technologies Limited (STL) has entered a new growth phase with Rs9.2 billion in FY2025 revenue and a multi-billion project pipeline, as the company scales up its presence across…
SHC remands back six identical Special Customs References to Collectorates concerned
KARACHI: Six identical Special Custom Reference Application SCRA 789,790,791, 795,796 and 797 filed by Collector of Customs against Ibrahim Nizami Steel Wire Industries were remanded back to the Collectorate concerned.…
Extraordinary POL Price Hike to Have 360° Impact on Economy: SITE Chief
Karachi: Abdul Rehman Fudda, President of the SITE Association of Industry, has warned that the extraordinary hike in petroleum product (POL) prices will have a “360-degree impact” on the economy,…
Asif Sakhi Slams Fuel Price Hike, Calls It Disastrous for Economy and Industry
Karachi: Asif Sakhi, Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI) and Chairman of the Businessmen Panel Progressive Karachi, has expressed deep disappointment over the unprecedented hike in…
SHC puts Collector, Assistant Collector (Appraisement East) on notice for April 9 in 4 identical petitions
KARACHI: Notices were issued Chairman FBR, Collector of Custom Appraisement, East and Assistant Collector (Appraisement) East for April 09 in four identical petitions filed by Messer’s Miraj Associates, Winner Chemical…
Customs uncovers another Massive Tramadol Smuggling Bid Hidden in Garment Containers
KARACHI: In a major crackdown on illegal drug trafficking, Additional Collector Zehra Naqvi of Pakistan Customs has exposed a sophisticated attempt to smuggle over 13.7 million Tramadol tablets to Ghana…
SHC restrains customs appraisement East, issue notices for 9.4.2026 in identical petitions
KARACHI: A constitutional bench of High Court of Sindh headed by Justice Yousuf Ali Sayeed issued notices to Chairman FBR, Collector of Custom Appraisement, East and Assistant Commissioner Appraisement, East…
Karachi Port Poised as Regional Transshipment Hub: PCDMA Chief
KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimuhammad has said that Karachi Port is witnessing an unprecedented increase in transshipment activity, describing the development as a significant…
Meezan Bank Accelerates Digital Payments Push as Pakistan Moves Toward Cashless Economy
KARACHI: Meezan Bank is stepping up its digital payments strategy, expanding its merchant network and accelerating adoption of instant payment solutions as Pakistan’s shift toward a cashless economy gathers pace,…
Khurram Ijaz Decries ‘Unfair Penalties’ on Exporters as Containers Stranded Post‑Iran War Fallout
Karachi: Khurram Ijaz, foreign trade and logistics expert and former Vice President Federation Pakistan Chambers of Commerce & Industry (FPCCI), has strongly condemned what he termed the “unjust and exploitative…
SBP Launches Landmark Initiative: Teenagers Can Now Open Independent Bank Accounts
In an important move to build a financially savvy young generation, the State Bank of Pakistan (SBP) has launched a new framework for teenagers’ accounts enabling them to independently own…
Revocation of Authorization of M/s Al Sahara Exchange Company (Pvt.) Ltd
On the request of M/s. Al Sahara Exchange Company (Pvt.) Ltd., the Authorization of the company to deal in foreign exchange business has been revoked from the date of closure…
Digital economy could contribute up to 7pc to GDP by 2030, highlights OICCI’s latest Digital Report
KARACHI: Pakistan’s digital economy has the potential to contribute 5–7 per cent to GDP by 2030 if key structural bottlenecks are addressed and reforms accelerated, according to the OICCI Digital…
Supernet Technologies Completes Post-Merger Share Allotment
Karachi: Supernet Technologies Limited (STL) has completed a major post-merger step in its corporate reorganization, followed by Board approval for allotment of shares pursuant to Scheme of Arrangement, the company…