Karachi: In a move aligned with the National Tariff Policy 2025-30, the Pakistani government has revised its Additional Customs Duty (ACD) and Regulatory Duties (RDs), aiming to enhance the country’s economic competitiveness. The government has issued…
Karachi: The Oil Marketing Companies (OMC) reported a 7 percent year-on-year growth in sales volumes for the fiscal year 2025, despite some fluctuations in market share dynamics, according to a press release from JS Global. The growth was driven by a …
Karachi: Chairman of Engro, Hussain Dawood, emphasized the enduring partnership between China and Pakistan during a dialogue with Chinese Premier Li Qiang at the World Economic Forum’s 16th Annual Meeting of the New Champions.
Mr. Dawood highlighted…
Muzaffarabad: The Bank of Azad Jammu and Kashmir inaugurated its 88th branch in Rahim Kot, Chakar, aiming to enhance commercial activities in the region. The inauguration ceremony was attended by prominent figures, including the Speaker of the Azad Ja…
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has called for the immediate repeal of Sections 37A and 37B of the Sales Tax Act, denouncing them as draconian measures that grant excessive arrest powers to tax officials. KCCI President Ja…
KARACHI: Pakistan International Bulk Terminal (PIBT) has been recognized for its commitment to environmental sustainability, receiving the National Environmental Sustainability Award at a recent conference in Karachi.
The award was presented during…
Karachi: Pakistan’s manufacturing sector experienced a notable deceleration in June, with the HBL Manufacturing Purchasing Managers’ Index (PMI) dropping to a 10-month low of 50.5, compared to 51.1 in May. This decline signals a significant slowdown i…
Karachi: Cement demand in Pakistan is set to increase in the fiscal year 2026, spurred by a government push in public sector development programs and a revival in the construction industry, according to a report by AKD Securities Limited. This follows…