New trade measures are anti-export
The current account crisis did serve to shake up the Ministry of Commerce enough to announce some measures to try to correct the balance. Unsurprisingly, the Ministry chose the...
Pak-Canada trade may boost up to $10bn: envoy
SIALKOT: Canadian High Commissioner to Pakistan Perry Calderwoodon has said that Canada and Pakistan are enjoying cordial relations since long and these ties would further be strengthened with the...
APTPMA opposes cut in customs duty on ‘textile items’
FAISALABAD: All Pakistan Textile Processing Mills Association (APTPMA) has strongly opposed the request to the Ministry of Commerce, to reduce the Customs Duty on “Textile Items” mentioned in the...
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...
Govt failed to reform tax regime, privatise SOEs
ISLAMABAD - The PML-N government has partially succeeded in fulfilling party's manifesto in last five years as the government was successful in reducing electricity loadshedding, and improving domestic security but...
RCCI chief urges FBR to abolish Super Tax
ISLAMABAD: The Federal Board of Revenue (FBR) has been proposed to abolish Super Tax and return enforcement powers of raids/monitoring of business units back to FBR Members from Regional...
Govt leaves new trade policy for next setup
ISLAMABAD - The incumbent government has decided not to announce the new five years trade policy and leave the matter for the next government.
The Strategic Trade Policy 2016-18 would expire...
SCCI chief for ‘support industry’ to facilitate businessmen
SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has stressed the need for setting up “Support industry” to facilitate industrial sector of the country. In...
Traders urge govt to cut cost of production
ISLAMABAD - The business community has proposed to the government to reduce the cost of production to enhance tumbling exports to contain the widening current account deficit of the...
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...