Pakistan Customs, Shipping & Business News Resource
The Businessmen Panel (BMP) of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), expressing serious concern over the slowdown in growth of big industries in the first half of…
The total liquid foreign reserves held by the country stood at US$ 23,720.9 million as of 04-February-2022. The break-up of the foreign reserves position is as under:- i) Foreign reserves…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman has warned that continued borrowing from the IMF and other multilateral sources is posing serious economic…
Irfan Iqbal says more taxes on renewable energy plants to deter alternate power generation: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has warned of…
The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman Mian Anjum Nisar has opposed the government commitment with the IMF to increase taxes by a Rs1.27 trillion…
Resenting frequent increase in power tariff the Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman and FPCCI former president Mian Anjum Nisar has strongly opposed the government…
The Federation of Pakistan Chambers of Commerce and Industry’s ruling group has resented the frequent jump in electricity tariff and petroleum products’ prices, which is made on behest of the…
Social sector development back on the radar of govts: Dr Suleri. ISLAMABAD: Vladimir Norov, the Secretary-General of Shanghai Cooperation Organization (SCO), has said that though coronavirus has incurred enormous damage…
Federal Budget 2020-2021 is the most unrealistic document based on pure assumptions, without any calculation or working which can be authenticated or legitimized. It seems as it was necessary to…
KARACHI: The federal budget 2020-21 has proposed 57 percent reduction in subsidy to K-Electric consumers for the upcoming year to Rs 25.5 billion compared with Rs59.5 billion allocation for the…
ISLAMABAD: Minster for Industries Hammad Azhar presented the federal budget for the fiscal year 2020-21, wherein no new taxes have been imposed. The budget i.e. the Finance Bill is said…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has expressed serious concern on reports that the Income Tax officials are seeking more powers to probe…
TOKYO: Asia’s economy is expected to stall at zero percent this year, the worst growth performance in almost 60 years, said the International Monetary Fund (IMF) on Wednesday. “This is…
ISLAMABAD: The International Monetary Fund (IMF) has agreed to relax budget deficit ceiling aimed at allowing Pakistan to meet emergency fiscal needs to fight deadly coronavirus contagion that has started…
Dr. Murtaza Syed was appointed as Deputy Governor of the State Bank of Pakistan by the Federal Government for a period of three years, in pursuance of Section 10(4) of…
KARACHI: Pakistan has received $452.4 million as the second tranche of $6 billion IMF loan taking the foreign exchange reserves up to $18 billion. “On 23-December-2019, SBP received US$452.4 million…