Automobile sales down 13pc in February
KARACHI: Pakistan’s locally assembled automobile sales are down by 13% YoY in Feb 2019.Moreover, sales are down 13% MoM which can be attributed to lower number of working days in…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan’s locally assembled automobile sales are down by 13% YoY in Feb 2019.Moreover, sales are down 13% MoM which can be attributed to lower number of working days in…
KARACHI: Overseas Pakistani workers remitted US $14350.53 million in the first eight months (July to February) of FY19, showing a growth of 11.82 % compared with US $12833.64 million received…
KARACHI: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciated the efforts of Government of Pakistan and Turkey to enter into Strategic…
KARACHI: The foreign currency buying selling rates as on March 11, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.78 and Selling at Rs138.88.…
Karachi: Following the success of the inaugural summit last year, Visa (NYSE:V), the world leader in digital payments, hosted the second edition of its eCommerce Summit for the Middle East…
OTTAWA: Canadian investors must avail the opportunity as Pakistan has a liberal market economy in which there is no restraint on repatriation of dividends for the foreign investors. Raza Bashir…
KARACHI: Pakistan Stock Exchange (PSX) has proposed a perpetual amnesty scheme to form a bridge between undocumented money and the equity market, as the capital actually sits in the informal…
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index mostly remained in the red territory throughout the week ended March 08, 2019, amid spillover effect from previous week’s confrontation between Pakistan…
KARACHI: President Karachi Chamber of Commerce & Industry Junaid Esmail Makda, while hailing Prime Minister’s remarks about reforming the Federal Bureau of Revenue (FBR), said that the business and industrial…
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has underlined the need to activate of Pakistan Mission in Vietnam for marketing the investment project of Pakistan in Vietnam…
KARACHI: As per the amended Finance Bill approved by Parliament, the law barring non-tax filers from purchasing motor vehicles has been removed for all cars, irrespective of engine size. This…
KARACHI: Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has reported profit of Rs38.817 million for the first half of FY19 as compared to Rs12.342 million for…
KARACHI:Two months into 2019, the Pakistan Stock Exchange (PSX) benchmark KSE-100 Index is up by around 5.4% after witnessing a decline of around 8% during CY18 that came on the…
KARACHI: SITE Association of Industry has demanded of the goverment to end gas supply closure for industries on Sundays. President SITE Saleem Parekh said that on every Sunday, gas remains…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,290 new companies in February. As compared to the corresponding month of last financial year, it represents a growth of…
KARACHI: Daroo Khan Achakzai, President of FPCCI has announced that FPCCI will host 29th Meeting of Board of Directors of Islamic Chambers of Commerce, Industry and Agriculture (ICCIA) at Karachi…
KARACHI: The foreign currency buying selling rates as on March 06, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.70 and Selling at Rs138.80.…
Karachi: JS Bank has become Pakistan’s first financial institution to have been accredited by the Green Climate Fund (GCF), the world’s largest climate fund. The Fund aims to provide facilities…
Karachi: The Board of Directors of BankIslami has approved the Bank’s Annual Audited Financial Statements, for the year ended December 31, 2018, in their meeting held in Karachi on February…
KARACHI: Consumer Price Index (CPI) for the month of Feb’19 rose 8.2%YoY as compared to an increase of 7.2%YoY registered in Jan’19. On a MoM basis, CPI incremented 0.6% in…