Pakistan seeks duty on ATT imports
KARACHI, Dec 5: Islamabad wants Kabul to levy tariffs on import of goods that are transported through Pakistan’s transit facilities so that these goods are rendered financially unviable for being smuggled...
NSS rates set to fall by 0.5-1pc in January
KARACHI, Dec 5: The rate of return on 10-year defence saving certificates is set to fall at least half a percentage point next month as the State Bank keeps the yield...
State Bank sells Rs13.7bn PIBs
KARACHI, Dec 5: The State Bank on Friday sold Rs13.675 billion Pakistan Investment Bonds as the third instalment of a Rs50 billion jumbo issue. Total realized value of the sold bonds...
Fate of Turkmen gas pipeline to be decided by 9th
ISLAMABAD, Dec 5: A crucial meeting of the tri-nation ministerial steering committee on Turkmenistan-Afghanistan- Pakistan (TAP) gas pipeline will be held here on December 8-9 that would conclude whether or not...
EC withdraws duty relief on super Basmati
ISLAMABAD, Dec 5: The European Commission has withdrawn the customs duty concession on the import of Pakistani super Basmati, which is expected to result in reducing significantly the share of Pakistani...
Support at dips averts larger fall on stock market
KARACHI, Dec 5: Stocks on Friday remained under pressure as jobbers and weakholders indulged in weekend profit-selling but larger fall was averted thanks to active support at the dips. The KSE...
Drawback rates revised
ISLAMABAD, Dec 5: The Central Board of Revenue has revised downward rates of duty drawback on export of talcum powder....
Iraq trade insurance
ROME, Dec 5: Italy and 15 other countries signed agreements with Baghdad’s interim government in Rome on Friday under which exporters to Iraq will be covered by trade insurance, Italy’s economy...
Small power producers allowed to charge Rs4 per unit
ISLAMABAD, Dec 5: The National Electric Power Regulatory Authority (Nepra) on Friday determined a tariff of Rs4 per unit for the sale of electricity to industrial and commercial units by the...
Exports up by 11.5pc
ISLAMABAD, Nov 5: Pakistan’s exports registered a growth of 11.5 per cent during the July-November period of the current financial year over the same period of last year....
CBR postings
ISLAMABAD, Dec 5: The Central Board of Revenue has transferred and posted seven senior officials of customs and excise group....
Cotton market stays active
KARACHI, Dec 5: Physical activity on the cotton market on Friday further picked up as spinners continued to indulge in big-lot business apparently in an effort to grab the floating stock...
LMM scheme incentives to cover foreign cos
KARACHI, Dec 5: Textile commissioner Sheikh Idrees Ahmed has said the government has decided to offer LMM scheme incentives to foreign manufacturers willing to produce textile machinery under a joint venture...
Karachi Port operations
KARACHI, Dec 5: Five ships carrying soyabean oil, general cargo, chemicals and containers are expected to arrive on Saturday, according to KPT sources....
Exporters demand early ST refund
SIALKOT, Dec 5: The Pakistan Gloves Manufacturers and Exporters Association has expressed concern over the slow processing of sales tax refund cases, although all the required formalities are fulfilled....
Dollar rebounds
LONDON, Dec 5: The dollar recovered some lost ground against the euro on Friday as dealers waited with bated breath for monthly US employment data to see whether a nascent labour...