Finance ministry sees improved economic indicators despite sustained inflation

04/12/2023

ISLAMABAD: Pakistan's Caretaker Commerce Minister Gohar Ejaz arrived in Saudi Arabia for the finalization of investment-related chapter of a proposed...

CDNS collect Rs730b targets in fresh bond

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 730 billion in fresh bonds in...

Nestlé Pakistan contributes Rs5m to support children at SOS Children’s Village

ISLAMABAD: Committed to the welfare, upbringing, and education of orphaned children of Pakistan Nestlé Pakistan extended a corporate contribution worth...

Inflation in Pakistan spikes to 29.2pc in November

ISLAMABAD: Inflation, measured by the Consumer Price Index (CPI), surged by 29.2 percent year-on-year in November 2023 as compared to...

FIA arrests customs officer allegedly involved in smuggling of foreign currency

TORKHAM: The Federal Investigation Agency (FIA) has apprehended two individuals including a Customs officer for their alleged involvement in a...

PIA pays Rs400m to PSO

LAHORE: The Pakistan International Airlines (PIA) has paid Rs400 million to the state-owned Pakistan State Oil (PSO), citing sources. The...

Pakistan’s trade deficit shrinks by 33.59pc in five months

ISLAMABAD: Pakistan’s merchandize trade deficit stood at $9.38 billion, shrinking 33.59 percent during the first five months of the current...

Collector Imran Bokhari’s Multan Enforcement seizes smuggled goods & vehicles worth Rs320.21m in Nov

MULTAN: Under professional leadership of Member Customs Operations Ms. Zeba Haye Azhar and personal supervision of Collector Imran Bokhari, Collectorate...

Karachi I&I shows outstanding performance against smuggling during November

KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) Karachi has showed outstanding performance results during the month of November...

Customs Enforcement foils bid to smuggle Iphones worth Rs1.265m through Multan Int’l Airport

MULTAN: Collectorate of Customs Enforcement has thwarted an attempt to smuggle imported branded cell phones of worth Rs1.265 million from...

Pakistan Banks’ Association holds trade-based money laundering training

KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade risks, Pakistan Banks’ Association...

stack of one hundred dollars notes on dollars background

SBP’s forex reserves increase by $77m to $7b

KARACHI: The State Bank of Pakistan (SBP) reported a rise of $77 million in foreign exchange reserves in the week...

Hundreds of FBR officers are non-filers

LAHORE: Hundreds of Federal Board of Revenue (FBR) officers are non-filers and haven’t filed their tax returns for tax years...

FBR collects Rs736b tax in November 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs3,484 bln tax during first five months of FY2023-24, the tax...

Govt keeps petrol price unchanged, drops diesel by Rs7 per litre

ISLAMABAD: The caretaker federal government on Thursday kept the petrol price unchanged at Rs281.34 per litre for the next fortnight....

Recovery of Rs39.529m: Multan Customs issues notices to M/s Dot World Technologies & M/s Maritime Agencies

MULTAN: Collectorate of Customs Enforcement Multan recovery branch has issued notices to two defaulter companies for recovery of outstanding amount...

Kinnow exporters concerned as Afghanistan hikes customs duty by 43pc

LAHORE: The Afghan government has increased the customs duty on kinnow imports starting from November 27, causing a ripple effect...

Four presidential ordinances promulgated on IMF’s demand

ISLAMABAD: The Federal Government promulgated four presidential ordinances on the International Monetary Fund (IMF) demand. The National Highway Authority (Amendment)...

Pakistan, China hold 4th round of maritime cooperation dialogue