DG Custom Valuation assures FPCCI of reduction in review time
Karachi: DG Custom Valuation Mirza Mubashir Baig informed FPCCI members that Customs department is looking at issues holistically and technology adoption is principle tool which is being applied to resolve grievances and complaints of business commun...
SECP notifies amendments in CRCs Rules 2019
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) notified amendments in Corporate Restructuring Companies (CRCs) Rules, 2019. Amendments made in light of promulgation of Corporate Restructuring Companies Act 2021, are aimed at f...
‘Gender equality promotes social justice, sustainable development’
KARACHI: Employers Federation of Pakistan (EFP) hosted event ahead of International Women’s Day, marking launch of EFP Gender Equality Policy Guidelines and honoring 40 organisations for their commitment to fostering gender-inclusive work...
Senator Mushahid requests opening border with Afghanistan, Iran for trade
ISLAMABAD: Senator Mushahid Hussain Syed requested upper house play its role in opening borders with neighbouring countries, especially Afghanistan and Iran for trade. Speaking on point of order in upper house, Senator said that delegation from Afgha...
Pakistan desires to expand trade, eco ties with friendly countries: President
ISLAMABAD: President Dr Arif Alvi said that Pakistan desired to expand its trade and economic relations with friendly countries. In separate meetings with Ambassador-designate of Pakistan to Portugal Dr Muhammad Khalid Ejaz and Ambassador-designate o...
PKR declines further against USD
ISLAMABAD: The US dollar continued its winning streak against the Pakistani rupee (PKR) in the interbank on Wednesday. According to State Bank of Pakistan (SBP), Pakistani Rupee on Wednesday weakened by 04 paisa against the US dollar in the inte...
Pakistan eyes new IMF loan amid economic strain
ISLAMABAD: Pakistan has decided to take a new loan program of the International Monetary Fund (IMF), private news channel reported. According to details, the newly-elected PML-N-led government has decided to avail a fresh IMF loan program, and the Mi...
Governor SBP inaugurates 1st edition of Pakistan Financial Literacy Week
KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad said that SBP fully recognises access to financial services fundamental right and SBP's mission is to empower every citizen by providing them with tools and knowledge needed to participate f...
KIBOR falls after 'lower-than-expected' inflation reading
Karachi: Karachi Interbank Offered Rate (KIBOR) dropped notably following release of Consumer Price Index (CPI)-based inflation figures. Six-month KIBOR fell by 14 basis points (bps) on day-to-day basis (DoD) to 21.59 percent. Three- and nine-month K...
KSE-100 gains 626pts on oil, gas scrips
Karachi: Pakistan Stock Exchange benchmark KSE-100 gained 626 points. At close, benchmark index settled at 65,951.72, an increase of 626.04 points or 0.96 percent. Buying was witnessed in index-heavy shares with Engro, OGDC, PPL and SNGP settling in...
