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Cotton prices hit season’s high

KARACHI: Cotton prices hit season’s high as buyers remained in forefront on the local market on Wednesday, dealers said. The official spot rate was higher by Rs 50 to Rs...

Pakistan tax ratio highest in region

LAHORE - The speakers, at a pre-budget seminar, have called for structural reforms to broaden tax base and create more avenues for revenue collection, simplifying the complex tax system. The pre-budget...

LCCI urges govt to withdraw infrastructure development cess

LAHORE: The Lahore Chamber of Commerce and Industry has urged the Punjab government to withdraw Punjab infrastructure development cess as it is a dual tax and distressing the industries...

Textile, clothing exports grow 7pc

ISLAMABAD: Exports of textile and clothing recorded a growth of over seven per cent year-on-year in July-October, the Pakistan Bureau of Statistics (PBS) reported on Tuesday. The increase was mainly...

`Cutting cost must for successful regional trade

ISLAMABAD: The trade outlook for the Asia-Pacific region is positive for this year but some uncertainties are forecast for 2018, the United Nations Economic and Social Commission for Asia...

Business confidence improves: OICCI

KARACHI: Overseas Investors Chamber of Commerce and Industry`s (OICCI) latest business confidence index (BCI) has shown significant improvement of 8 per cent, and stood at 21pc, positive. After two consecutive...

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...

PMEX daily trading report

KARACHI: On Monday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.646 billion and the number of lots traded...

Industry apprehensive about next GSP+ review

KARACHI: Industry leaders on Wednesday feared the country might lose its GSP+ status in the January 2018 review if it does not get certification on important international conventions related...

FBR’s failure costs provinces Rs170 billion

ISLAMABAD -  The provinces had to pay the price of Federal Board of Revenue’s (FBR) inability to meet tax collection target as they received Rs170 billion lesser than the...

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Happy 70th Anniversary

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FPCCI Hosts Ambassador Farhadov Traders for Textiles, Edibles & IT Exports to Azerbaijan

Karachi (PR): On Behalf of business and trading community, Mian Nasser Hyatt Maggo, President FPCCI, has appreciated the detailed presentation by H.E. Khazar Farhadov,...

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,...