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PCJCCI president hails SBP steps for economic support

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) newly elected President S M Naveed appreciated the steps of State Bank of Pakistan (SBP) for economic support to...

Export of services falls 17pc

ISLAMABAD: Services exports fell by over 16.79 per cent year-on-year to $352.92 million in the second month of the current fiscal year, data released by the Pakistan Bureau of...

Economic activities having a boost

ISLAMABAD: Crossing the psychological barrier of FBR’s net tax collection indicates that the economic activities have started picking up. The FBR had agreed with the IMF to achieve a...

Assessment mechanism (FBR unveils settlement form for taxpayers)

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a settlement form for the business/industry and trade, who are willing to pay tax under the agreed assessment mechanism being...

Exports jump 6pc in September

ISLAMABAD: Pakistan`s exports bounced back in September following a steep fall in the previous month, data released by the Ministry of Commerce showed on Friday. The new fiscal year started...

Three new Special Economic Zones approved

ISLAMABAD: A meeting of the Board of Approvals (BOA) for Special E conomic Zones (SEZs) on We dnesday formally approved three new SEZs, taking the total number of such...

‘Promoting exports is imperative for economic stability’

ISLAMABAD: National Assembly (NA) Speaker has said that promoting exports is imperative for economic stability and development of Pakistan. “Afghanistan by virtue of its location was a favourable export destination...

SCCI fears closure of industries

PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) has feared that the industrialists will not be able to run their industries and pay wages to workers owing to energy...

Punjab APTMA seeks announcement of new textile policy

LAHORE: The All Pakistan Textile Mills Association (APTMA) Punjab Chairman Abdul Rahim Nasir has urged the government to announce the new textile policy forthwith to attract new investment to...

PCDMA elects office-bearers

KARACHI: Mirza Nadeem Baig elected un-opposed Chairman and Mubasher Umer Vice Chairman of Pakistan Chemicals & Dyes Merchants’ Association (PCDMA) for the Year 2020-21, While Mrs Shirin M Arif...

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KW&SB MD directs resolution of Korangi industrial area issues

KARACHI: Karachi Water & Sewerage Board (KW&SB) managing director Asadullah Khan has directed to resolve all sewerage water related issues in Korangi Industrial Area,...

Importers found concealing financials to evade taxes

KARACHI: The Federal Board of Revenue (FBR) has found importers involved in concealment of their financial transactions to evade taxes, a tax official said...

Trade deficit widens to $5.8bln in July-Sept

ISLAMABAD: Trade deficit widened two percent to $5.8 billion in the first quarter of the current fiscal year of 2020/21 as both exports and...