PM’s pledge to abolish yarn import duties welcomed
LAHORE - The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has welcomed the commitment of Prime Minister Shahid Khaqan Abbasi to abolish all duties on cotton yarn import...
Trade gap widens to $18b despite growth in exports
ISLAMABAD - Pakistan’s trade deficit swelled to $18 billion in only six months of current fiscal year due to continuous increase in imports.
The country’s trade deficit was recorded at...
FPCCI asks Sindh CM to unveil water plan
KARACHI: The delay in unveiling of a water plan for the city is causing unrest among builders and developers, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI)...
First 5-year trade policy on its way
KARACHI: Ministry of Commerce Federal Secretary Mohammad Younus Dagha said on Friday that for the first time a five years strategic trade policy framework (2018-23), with annual growth target...
Karachi to have five industrial treatment plants
KARACHI: Commerce Secretary Muhammad Younas Dahga disclosed for the first time, an investment policy would be part of the trade policy to help boost exports through technologically backed investments.
Speaking...
Exports register 15pc growth
ISLAMABAD: Exports grew nearly 15 per cent year-on-year in December 2017, raising hopes about a revival in the overseas sales of Pakistani goods.
The upward trend in exports will contribute...
Activities of Karachi Port and Port Qasim
KARACHI: The Karachi Port handled 155,908 tonnes of cargo comprising 135,087 tonnes of import cargo and 20,821 tonnes of export cargo including 7,037 loaded and empty containers during the...
Outcome of Heimtextil fair: Wait-and-see mood seen on cotton market
KARACHI: Wait-and-see attitudes prevailed on the cotton market on Wednesday as main participants were on the sidelines on expectations of easy supply and to observe the outcome of Heimtextil...
FPCCI voices concern over FBR’s inaction over bank transactions’ WHT
LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR’s inaction on Section 38-B and withholding tax on bank transactions and urged...
Failure in achieving targets: FBR to penalize 250 officers for poor performance
KARACHI: Federal Board of Revenue (FBR) has decided to punish over 250 officers including commissioners, additional commissioners, etc for their worst performance that left the board behind its revenue...












