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, particularly in sector 23, within...
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 on Monday.
The official said the...
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 imports were seen showing marginal...
Trade deficit surges 19.5pc in September
ISLAMABAD: Pakistan`s trade deficit widened by 19.49 per cent to $2.391 billion in September, compared to $2.001bn during the same month last year, data released by the Pakistan Bureau...
Imports up 0.56pc(Jul-Sept exports down 0.94pc YoY)
ISLAMABAD: The country’s exports during July-September 2020 as compared with the same period of the last year have witnessed a decline of 0.94 percent, ie, from $5.51 billon to...
US-China trade war: Opportunity for Pakistani businesses to tap Chinese market
ISLAMABAD-Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Secretary General-Federal, Ahmad Jawad including businessmen Panel Sunday said Pakistan must increase the barely production for export purpose especially for...
Sales tax collection from imports grows 19pc to Rs78.3bln in Sept
KARACHI: Sale tax collection from imports rose 19 percent year-on-year to Rs78.3 billion in September as economic activities resumed after lifting of lockdown, while the government was gradually easing...
Industrial production suffers due to erratic gas supply: FPCCI
KARACHI: Mian Anjum Nisar, president of the Federation of Pakistan Chambers of Commerce and Industry, has urged the government to immediately ask the SSGC to restore gas supply with...
Sterling to acquire Baker Hughes’s chemicals facility
Sterling Auxiliaries and its parent company, Artek Surfin Chemicals, a producer of specialty chemicals, are set to acquire the land and assets associated with Baker Hughes’ Sand Springs, Oklahoma,...
LCCI seeks incentives package for trade and industry
LAHORE-The Lahore Chamber of Commerce and Industry has demanded of the government to announce incentives package for corona-hit businesses for the sake of an early economic revival. LCCI President...