Import duty on eatable, luxury items raised by up to 50pc
ISLAMABAD: The government has imposed regulatory duty on import of 36 new products and raised its rates on the existing 240 items in a fresh move to curtail rising...
CPEC embarks on second phase of industrial cooperation
ISLAMABAD: Pakistan and China are venturing into a second phase of industrial cooperation under the multibillion dollars-CPEC as energy projects near completion, a Chinese emissary said on Monday.
“The industrial...
FPCCI rejects ban on construction of high-rises
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Zubair Tufail and business community leader S M Muneer, have expressed displeasure over the ban on construction of...
LCCI Objects To Withholding Tax, Officials’ Discretionary Powers
Lahore Chamber of Commerce and Industry (LCCI) on Monday demanded the Federal Board of Revenue (FBR) withdraw withholding tax on banking transactions and discretionary powers of the tax officials...
Businessmen demand immediate restructuring of TDAP
KARACHI: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday demanded immediate restructuring of the Trade Development Authority of Pakistan (TDAP)...
Share traders copycat peers to overlook fundamentals
Current downward trend created a self-reinforcing effect on market sentiments with participants following their peers, but earnings surprises next week may encourage them to act on fundamentals to rev...
LCCI committees to prepare data bank
LAHORE: The newly-formed standing committees of the Lahore Chamber of Commerce and Industry (LCCI) have been tasked to prepare sector-specific research / market reports and data bank by LCCI...
FBR tightens rules to check superfluous imports
KARACHI: The Federal Board of Revenue (FBR) has tightened its clearance regulations to check unnecessary imports that cause a spread in trade deficit, officials said on Thursday.
The officials said...
Export industries need better technology to acquire global competence
LAHORE: Industrial growth without exports have not served Pakistan well as industrialisation in the country is based on domestic consumption, and many exporting industries in fact have closed down...
Aptma to urge PM for incentivising export sector
ISLAMABAD: Pakistan’s increasing trade deficit and falling exports have been posing a serious threat to the economy and to reverse the trend, government should focus on export-led growth and...