Higher cotton prices deter buyers
KARACHI: Rising cotton prices prevented buyers from entering into big deals on Wednesday. However, some needy spinners continued to cover up their near future demand which helped lint price...
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 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...
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...
Sindh govt signs MoU with Russia
KARACHI: The Sindh government on Monday entered into a cooperation agreement with St.
Petersburg, the second-largest city in Russia, which aims to promote partnerships in trade, business, education, science and...
LTBA accuses FBR of charging high tax from pensioners, BSC holders
LAHORE: President Lahore Tax Bar Association (LTBA) Ch Qamaruz Zaman has criticized Federal Board of Revenue (FBR) for charging high tax to pensioners and bearers of Bahbood Saving Certificates...
Govt unveils Economic Survey today
ISLAMABAD - The government is all set to unveil the Economic Survey 2017-18 today (Thursday), which would show that government has missed the key economic targets, including those for...
Upward Trend Seen in Cotton Prices
At the Karachi Cotton Exchange on Wednesday, trading continued to remain slow while spot rates increased Rs200/maund to Rs7,800/maund (37.324kg) and Rs8,359/40kg. Ex-Karachi rates also rose to Rs7,945/maund and...
PM for all-out efforts to boost exports
ISLAMABAD - Prime Minister Shahid Khaqan Abbasi has directed the Ministry of Commerce to ensure that all efforts should be made to give boost to the country’s exports.
The ministry...
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...