Economic Coordination Committee (ECC) in its Thursday’s meeting decided to revise downward, the age limit of imported used cars to three years which market observers dubbed as a positive move for the…
The gold imports into the country fell in first quarter of current fiscal year by 22.73 per cent against the same period of last year. The imports of gold during the period…
The exports from the country witnessed positive growth of 4.26 percent while the imports decreased by 2.37 percent during the first quarter of the current fiscal year, indicating a positive trends in…
Food imports into the country witnessed decrease of 9.02 percent during the first two months of the current fiscal year as compared to the corresponding period of last year. The food imports…
The Telecommunication imports during the first month of the ongoing fiscal year (2012-13) increased by 12.98 percent and 16.24 percent as compared to the imports of July 2011 and June 2012 respectively.…
Food imports into the country decreased to $ 5.048 billion during Financial Year (2011-12), showing negative growth of 0.60 percent when compared to the exports of $ 5.078 billion during the corresponding…
February saw urea offtake in the country sharply declining by 61 percent to 160k tons, marking one of the lowest monthly sales figures in last few years. “This sharp decline in urea…
The Pakistani government is expected to bring out a notification next month allowing import of certain goods, including petrol and food items from India, Energy Secretary Ejaz Chaudhry said on Friday. Global…
The process of trade normalisation with India will not affect the imports of tea from the neighbouring country as the item has already been allowed for trade. However, the imports from New…
Pakistan’s trade deficit widened by 41 percent to $14.6 billion in the first eight months of the 2011/12 fiscal year, compared with $10.34 billion in the same period of the previous year,…
Pakistan bought less than 400,000 tonnes of fuel oil for the second consecutive month this year, official data showed on Thursday. Total fuel oil imports for February stood at around 390,000 tonnes,…
In the post MFN regime, Pakistan for the first time has started importing rice from India. In an interesting development, Pakistan, which is already a rice exporting country, has imported basmati rice…
India, the world’s fourth-largest oil consumer, will not take steps to cut petroleum imports from Iran despite US and European sanctions against Tehran, finance minister Pranab Mukherjee said on Sunday during a…
Federal Board of Revenue (FBR) and government announced through notification that goods on which sales tax shall — subject to conditions stated in this notification – be charged at the rate of…
The local markets are flooded with tinplate and Cold Roll Coil (CRC) that have been imported through misdeclaration of goods via Iran and Afghanistan by availing zero-rated duty advantage. The sources at…
Taking serious notice of violation of its decision on the urea imports by the Trading Corporation of Pakistan (TCP) through the Gwadar port, the government has decided to hold thorough probe pertaining…
Pakistan and Malaysia on Monday have agreed to enhance bilateral economic cooperation and explore avenues for joint ventures in a host of sectors, including the agriculture, construction and Halal food industry. Meeting…
