Pakistan equities decline 1.3 percent
KARACHI: After a relief rally witnessed post Federal Budget FY20 announcement last week, the Pakistan Stock Exchange (PSX) benchmark KSE-100 index took its course back to correction. The KSE-100 index…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: After a relief rally witnessed post Federal Budget FY20 announcement last week, the Pakistan Stock Exchange (PSX) benchmark KSE-100 index took its course back to correction. The KSE-100 index…
KARACHI: Honda Atlas Cars (Pakistan) Limited (HACPL) has increased the rates of its cars by up to PKR 400,000 which will come into effect from 24th June 2019. A further…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has appreciated the Ministry of Communications for deferring the axle load campaign for a period of 90 days…
KARACHI: President UNISAME Zulfikar Thaver has sent SOS to the Adviser on Commerce Abdul Razzak Dawood stating that finance had become unaffordable, utilities have become costly, logistics expensive and raw…
KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Daroo Khan Achakzai expressed concerns on the Finance Bill 2019, and said if the reservations were not addressed business…
KARACHI: Faisal Anis Majeed, CEO Bombi’s Group, is appointed as executive committee member representing global youth in the Global Pulses Confederation (GPC), a statement issed by Karachi Grocers and Wholesale…
KARACHI: The Budgetary measures announced on 11th June by the government carry some harsh and apparently unrealistic measures for broadening of tax base. According to Karachi Chamber of Commerce &…
KARACHI: International steels limited (ISL) has increased prices of CRC, HDGC and Color coated sheets by Rs3,000/ton effective from 19 June 2019 in order to pass on impact of recent…
KARACHI: In July-May 2018-19, trade deficit narrowed 13.6 percent year-on-year to $29.2 billion with merchandise imports on downward trend, but exports remained flat, according to the Pakistan Bureau of Statistics…
KARACHI: Trade Commissioner of Italian Trade Agency (ITA) Gianpaolo Bruno has said that Pakistan’s population of more than 200 million clearly indicates huge potential that needs to be exploited therefore,…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), held a roundtable to discuss measures to reduce outflow of foreign exchange pertaining to reinsurance business through optimizing local risk retention.…
KARACHI: Pakistan has fulfilled all the commitments made with the IMF for a $6 billion loan programme and the Fund’s executive board would take a decision on bailout package during…
KARACHI: Pakistan Ships’ Agents Association (PSSA) has criticized the implementation of the new axle load regime saying it would do more damage than good under the current situation and result…
KARACHI: The Union of Small and Medium Enterprises (UNISAME) has urged Adviser on Finance Dr Abdul Hafeez Shaikh to grant sales tax exemption at import stage to small and medium…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while referring to the unrealistic legislation implemented through the Finance Bill 2019-20 which pertains to submitting CNIC along…
Karachi: Faysal Asset Management Limited (FAML) and ITMinds Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited, have signed an agreement enabling ITMinds to provide Back Office…
KARACHI: Pak Suzuki Motor Company Limited introduced its New Alto 660cc at a launch event held at Pak China Friendship Center in Islamabad. The New Alto has been developed keeping…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while taking serious note of the comments given by Chairman National Highway Authority (NHA) Jawwad Rafiq Malik about…
ISLAMABAD (June 15): To protect public interest in audit quality, the Audit Oversight Board (AOB) has revamped the audit quality control review framework, commonly known as QCRF, of the Institute…
ISLAMABAD: As part of the reforms relating to the development of the insurance market, the SECP has recommended to the federal government to introduce mandatory health insurance for the private…