Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has warned the federal government that any decision to discontinue import of raw material of medicines from India will weaken the country’s ability to…
The State Bank of Pakistan (SBP) has opened up it subsidized Temporary Economic Relief Facility (TERF) for Balancing, Modernization and Replacement (BMR) and expansion of existing projects. This measure has…
LAHORE: As part of its PKR 100 million commitment to support vulnerable communities affected by the COVID-19 pandemic, Nestlé Pakistan has partnered with leading non-governmental organizations Akhuwat, Saylani Welfare International…
An Extra Ordinary Meeting of member states of Economic Cooperation Organisation Chamber of Commerce & Industry (ECO CCI) was virtually held on 5th May 2020 to discuss the impact of…
Karachi: Telenor Microfinance Bank, Pakistan’s leading microfinance institution, along with its premier mobile banking platform Easypaisa have been empowering the lives of Pakistani citizens and leading the digital revolution by…
Pakistan Tyre Importers and Dealers Association (PTIDA) has demanded immediate removal of Regulatory Duty on Tyres. A delegation of PTIDA led by Mr. Shahid Anwal, Chairman FPCCI Standing Committee on…
In the background of rising cases of COVID-19 in the country and with the need to strengthen health sector in fight against COVID-19, SBP today enhanced financing limit of a…
Karachi: In line with the Ministry of Energy’s directives, Industrial Support Package (ISPA) arrears for the period July-December 2019 were applicable in March 2020. However, in light of the current…
Karachi: Pharma Bureau, the representative body of research based multinational pharmaceuticals in Pakistan, has donated biomedical devices to COVID19 Isolation Unit and negative ventilation system to Medical ICU of Civil…
ISLAMABAD: In light of the outbreak of COVID-19 (Coronavirus), the Securities and Exchange Commission of Pakistan (SECP) has advised non-life insurance companies to grant one month free of cost extension…
TORONTO: A wage increase for some Ontario health care and social service staff is belated recognition by the provincial government of the immense contribution and sacrifice of this mostly female…
Karachi: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31st, 2020. On March 11, 2020, the World Health Organization (WHO) declared COVID-19…
KARACHI: One employee of Karachi International Container Terminal (KICT) namely Arsalan was diagnosed with COVID-19 three days ago, but KICT quietly removed him to quarantine without informing Customs authorities about…
Karachi: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Fertilizers (a subsidiary of Engro Corporation) has committed to provide PKR 95 million in financial assistance to The…
LAHORE: Country’s oil and gas production for the second half of FY20 is expected to decline significantly due to COVID-19 pushed lockdown, which might result in slashed exploration spending, analysts…
WASHINGTON: With nations worldwide working to keep their citizens safe and healthy during the COVID-19 pandemic, AIDS Healthcare Foundation (AHF) calls on international bodies – the G20, IMF and World…
Karachi: Engro Energy Limited – part of Engro Corporation – today donated PKR 50 million to the Government of Sindh Corona Emergency Fund. The donation was made in presence of…
KARACHI: The State Bank of Pakistan released its Second Quarterly Report for FY20 on the State of Pakistan’s Economy. According to the report, the stabilization efforts and regulatory measures yielded…
ISLAMABAD: Amid outbreak of COVID-19 (Coronavirus) in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) realizing the difficulties face by insurance brokers, insurance surveyors, and authorized surveying officers (ASOs)…
BOSTON: Plymouth Rock Assurance, a leading auto and home insurance provider in the Northeast, today announced that it will provide relief to its customers affected by COVID-19, as well as…