ISLAMABAD: Investigation departments of the country have started collecting evidence against the corrupt mafia that is active at the Ministry of Foreign Affairs (MoFA) as these elements are causing huge financial damages…
— ‘We need to reduce 20% of military expenditure to stop economic crisis in Pakistan’ KARACHI: All economies are required to maintain foreign exchange reserves equal to at least three months of…
LAHORE: Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Monday said that the court is receiving complaints that Pakistan State Oil (PSO) is importing poor quality petrol. The chief justice was…
ISLAMABAD: The Pakistan Economy Watch (PEW) has alleged that the government policies have reduced the area under cultivation and production of oilseeds which is being compensated through enhanced imports draining forex reserves. It…
The United States remained a top export destination for Pakistani products during the fiscal year 2015 while China was the top import destination from where goods were traded into the country. Out…
A senior official of the Customs Department has assured the IT industry that the formal/documented imports of the computer vendors and the IT industry will be facilitated through speedy clearance of imported…
The government has further increased the customs duty on cotton imports from 2 per cent to 3 per cent, while the industry has to pay a total of 4 per cent duty…
Despite an effort of the government to enhance exports in 2015-16, the country’s exports declined by 12.11 per cent to $20.802 billion during the last fiscal year (2015-16) from $23.667 billion during…
Palm oil imports in the country during 11 months of financial year 2015-16 were reduced by 3.04 per cent compared to the corresponding period of last year. According to data released by…
The imports of telecom related products into the country fell by 0.66 per cent in the first 11 months (July-May) of the current fiscal year (2015-16) as compared to the same period…
The mobile phone imports into the country witnessed increase of 6.25 per cent during the first three quarters of the current fiscal year as compared to the corresponding period of last year.…
Country’s total exports decline by 14.40% in Jul-Dec 2015 The country’s total exports declined by 14.40 per cent to $10.322 billion in the first six months of the current fiscal year (July-Dec)…
Pakistani importers have recently purchased about 70,000 tonnes of canola (rapeseed) to be sourced from Canada or Australia, European traders said on Wednesday. A full vessel consignment of about 50,000 tonnes was…
Russia will ban fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway, Prime Minister Dmitry Medvedev told a government meeting on Thursday.…
Federal Finance Minister Senator Ishaq Dar has informed the Lower House that during the past five years 155 bullet proof vehicles were imported, out of which 41 were duty free and purchased…
In a major policy shift, tax authorities are contemplating holding back the process of abolishing federal excise duty on goods and services, started two years ago, and instead want to impose the…
About 1393 kilogram of gold has been imported during the first five months of current fiscal year showing an increase of 12.52 per cent over 1254 kg during the same period of…
