PPRA declines giving exemption to Exim Bank ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has turned down a proposal of Exim Bank for exemption... Updated 27 Feb, 2023 08:43am
Print Sales tax, other issues: FBR invites textile exporters to a moot ISLAMABAD: The Federal Board of Revenue (FBR) has invited all textile exporters to a moot at FBR headquarters on... Updated 27 Feb, 2023 08:43am
Print Equipment import: IPPs seek amendment to SBP’s circular ISLAMABAD: Independent Power Producers (IPPs) have sought amendment to State Bank of Pakistan (SBP) Circular of... Updated 25 Feb, 2023 09:00am
Print Import of luxury items ST: FBR empowered to impose higher rate of 25pc ISLAMABAD: The Finance (Supplementary) Act, 2023 has empowered the Federal Board of Revenue (FBR) to impose a higher... Updated 24 Feb, 2023 08:45am
Business & Finance FBR to continue inspecting vehicles having no import papers ISLAMABAD: The Federal Board of Revenue (FBR) will continue the search and inspection of vehicles of goods... Published 23 Feb, 2023 06:35am
Opinion Let’s tighten our belts for one year: all will be well There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the... Updated 23 Feb, 2023 06:14am
Business & Finance Delay in LCs’ retirement may lead to controversies involving forged documents LAHORE: Undue delay in the retirement of Letters of Credit (LCs) documents by banks may lead to further ... Updated 23 Feb, 2023 07:19am
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Business & Finance Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ... Published 21 Feb, 2023 05:57am
Print Imposing/raising time-bound RDs, ACDs: FBR extends time period to March 31st for over 600 luxury items ISLAMABAD: The Federal Board of Revenue (FBR) has decided to extend the time period up to March 31, 2023, for... Updated 21 Feb, 2023 09:00am
Business & Finance Pakistan’s REER index falls to 92.8 in January Experts attribute development to rupee’s massive depreciation against US dollar in January Updated 20 Feb, 2023 06:30pm
Opinion A great social and political upheaval is coming? There are two extremely discomforting economic phenomena unfolding simultaneously in Pakistan – one is dangerously... Published 20 Feb, 2023 06:26am
Editorials They seem more content, less bitter? EDITORIAL: Social and economic disparity was always high in Pakistan but now it is growing to a dangerous level. The... Published 20 Feb, 2023 06:26am
Business & Finance KP-TMA assails sharp hike in energy prices PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KP-TMA) has expressed concern over manifold increase in... Published 20 Feb, 2023 06:26am
World China sanctions Lockheed Martin over Taiwan arms sales BEIJING: China on Thursday put Lockheed Martin Corp and Raytheon Technologies Corp on an “unreliable entities... Published 17 Feb, 2023 06:00am
Print ICIEC re-insurance deals: Govt decides to exempt Exim Bank from PPRA rules ISLAMABAD: The government has decided to exempt Exim Bank from applicability of PPRA Rules, for signing of the... Updated 17 Feb, 2023 08:49am
Print Fitch further downgrades long-term foreign currency IDR to ‘CCC-’ ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”,... Updated 15 Feb, 2023 09:04am
Business & Finance IMC profit after tax declines by 74.3pc in Q2 KARACHI: Indus Motor Company Limited (IMC) announced its financial results for the second quarter ended December 31,... Published 14 Feb, 2023 07:18am
Editorials Time is of the essence EDITORIAL: The International Monetary Fund (IMF) submitted the Memorandum of Economic and Finance Policies (MEFP) to... Published 14 Feb, 2023 05:58am
Opinion After the IMF tranche On December 16, 2021 at a Hamdard University seminar where Dr Miftah Ismail was another speaker, I had said that... Updated 14 Feb, 2023 01:05pm
Opinion EU’s textile waste and used clothing in Pakistan With the rising global trends in fast fashion, the export of textile waste or unwanted clothes to destinations... Published 14 Feb, 2023 05:58am
Print IMF, govt look to reach deal ISLAMABAD: Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani... Updated 14 Feb, 2023 09:04am
Print Rising panic over blocked imports in crisis-hit Pakistan ISLAMABAD: Pakistan business chiefs are clamouring for the cash-strapped government to allow manufacturing materials... Updated 14 Feb, 2023 09:06am
Business & Finance Tax exemption on import of raw materials: Steps taken to check misuse of quotas by units in tribal areas PESHAWAR: To ensure that raw materials being imported by manufacturing units in the erstwhile Federally Administered... Published 13 Feb, 2023 05:57am
Business & Finance Reforms aimed at enhancing productivity can help economy grow sustainably, says World Bank ISLAMABAD: Pakistan’s economy can grow sustainably only if the country introduces productivity-enhancing reforms... Published 11 Feb, 2023 07:41am
Opinion The wrong state of affairs It wouldn’t be wrong to say that the issues with the Pakistan’s economy are deep rooted, while controllers of ... Published 09 Feb, 2023 06:41am
Opinion Governance reforms anchored in civil service reforms — I A common refrain these days is that we need to urgently embark upon long overdue structural reforms, allied with... Published 08 Feb, 2023 07:29am
Editorials Forex woes EDITORIAL: Total foreign exchange reserves held by the State Bank of Pakistan (SBP) further declined to 3.08967... Published 08 Feb, 2023 06:37am
Opinion Strategy for resource mobilisation The technical discussions in Islamabad on the ninth review of the IMF programme between the IMF staff and the... Published 07 Feb, 2023 06:39am
Business & Finance Cross-border trade: FBR issues PSW (Evidence of Identity) Regulations ISLAMABAD: All users of Pakistan Single Window (PSW) engaged in cross-border trade including import, export and... Published 07 Feb, 2023 06:07am
