Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Amaan Paracha has stated that the federal budget for the new fiscal year does not align with…
The total liquid foreign reserves held by the country stood at US$ 16,875.0 million as of 06-Jun-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Karachi: Master Changan Motors Limited (MCML), has marked another proud milestone in its international journey by successfully exporting its flagship SUV, the Oshan X7, to South Africa and Kenya. This…
KARACHI: Abdul Shakoor Khatri, prominent industrialist and founding chairman of the All-Pakistan Textile Processing Mills Association (APTPMA), has strongly criticized the imposition of an 18% tax on solar energy in…
Islamabad: Pakistan’s leading digital microfinance Bank, Mobilink Bank’s inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the ‘Glass: The Lion for Change’…
The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed disappointment over the government’s limited progress in addressing inequitable corporate tax rate in the recent budget. While the marginal…
• Workers’ remittances recorded an inflow of US$ 3.7 billion during May 2025. • In terms of growth, remittances increased by 16.0 percent and 13.7 percent on m/m and y/y…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted two conditional exemptions to undertakings in the transport and logistics sector, permitting limited restrictive provisions under joint venture agreements aimed at…
The total liquid foreign reserves held by the country stood at US$ 16,597.7 million as of 30-May-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves…
On World Environment Day, ChildLife Foundation is spotlighting the growing threat of climate change to children’s health in Pakistan, while offering a sustainable solution through its pioneering telemedicine model. As…
KARACHI: A storm of confusion has erupted among Pakistan’s traders as the Federal Board of Revenue (FBR) fumbles the rollout of a controversial new tax regulation, leaving businesses scrambling to…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has called upon the government to urgently reevaluate its energy procurement and pricing strategies to safeguard Pakistan’s industrial…
Karachi: The Senior Sindh Minister for Information, Transport, and Mass Transit, Sharjeel Inam Memon has vowed to arrange a meeting of SITE members with CM Sindh soon on the issues…
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), the domestic cement sales during first eleven months of current fiscal recorded a year over year drop by…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has said, “Only those individuals engaged in misdeclaration, under-invoicing, or other malpractices have encountered difficulties under the new…
With reference to the news items regarding the 14th meeting of the National Assembly’s Standing Committee on Finance and Revenue, it is clarified that State Bank of Pakistan (SBP), in…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has appealed the Prime Minister Muhammad Shehbaz Sharif to ensure that the long-pending relief of Rs23 billion in…
Karachi: Emirates, the world’s largest international airline, has signed a Memorandum of Understanding (MOU) with the Consulate of Italy in Karachi to seamlessly facilitate diplomatic travel and promote cultural and…
KARACHI: Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has raised serious concerns about widespread misuse of the Export Facilitation Scheme (EFS), warning that the current…
Karachi: Lucky Cement Limited in collaboration with Al Shifa trust organized a three-day Eye Care Camp for the general public at its Pezu Plant from May 26 to 28, 2025,…