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Customs Tribunal Upholds Vehicle Release with Redemption Fine

17-Jan-2025
The Customs Appellate Tribunal has rejected an appeal filed by the Collectorate, affirming the decision of the Collector Adjudication to release a confiscated vehicle upon payment of a redemption fine...
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Customs Tribunal Upholds Vehicle Release with Redemption Fine

Exchange Companies Drive $4 Billion in Remittances During First Half of FY25

17-Jan-2025
Exchange companies have contributed 4 billion dollars to Pakistan remittance inflows during the first half of the ongoing fiscal year FY25. Of this, 2 billion dollars were sold to banks, while another...
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Exchange Companies Drive $4 Billion in Remittances During First Half of FY25

Record Breaking Growth in Pakistan IT Sector in December 2024

17-Jan-2025
Pakistan IT sector recorded the highest monthly exports ever at 348 million dollars in December 2024. This reflects a 15 percent increase compared to December of the previous year according to data fr...
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Record Breaking Growth in Pakistan IT Sector in December 2024

Saudi Mining Company Explores Investment in Pakistan Reko Diq Project

16-Jan-2025
Saudi Arabia Mining Minister Bandar Alkhorayef has announced that Manara Minerals is considering an investment in Pakistan Reko Diq mine. The Saudi Development Fund (SDF) may contribute over 100 milli...
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Saudi Mining Company Explores Investment in Pakistan Reko Diq Project

State Bank of Pakistan Exceeds PIB Auction Target with Rs384.7 Billion Raised

16-Jan-2025
The State Bank of Pakistan raised Rs384.7 billion in its latest Pakistan Investment Bonds auction held on January 15, 2025, surpassing the target of Rs350 billion.Investor participation was strong, wi...
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State Bank of Pakistan Exceeds PIB Auction Target with Rs384.7 Billion Raised

Pakistan to Launch $250 Million Green Impact Fund for Climate Resilience and MSME Growth

16-Jan-2025
Pakistan is set to introduce a $250 million Green Impact Fund to attract international climate financing and support green micro and small enterprises (MSMEs). This initiative aims to tackle climate c...
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Pakistan to Launch $250 Million Green Impact Fund for Climate Resilience and MSME Growth

Federal Minister Unveils Uraan Pakistan to Boost Exports to $60 Billion

16-Jan-2025
Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has introduced a detailed economic roadmap under the Uraan Pakistan initiative, targeting an export increase to $60 bill...
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Federal Minister Unveils Uraan Pakistan to Boost Exports to $60 Billion

Federal Cabinet Approves Major Restructuring of Commerce Ministry Entities

16-Jan-2025
The Federal Cabinet has approved a comprehensive overhaul of entities under the Ministry of Commerce as part of the second phase of the federal rightsizing program. This restructuring aims to improve ...
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Federal Cabinet Approves Major Restructuring of Commerce Ministry Entities

Pakistan Textile Council Urges Immediate Policy Reforms to Save the Industry

14-Jan-2025
The Pakistan Textile Council (PTC) has called on Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb to implement immediate policy reforms to prevent the collapse of the textile indust...
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Pakistan Textile Council Urges Immediate Policy Reforms to Save the Industry

Remittances Surpass Exports in Pakistan Fiscal Year 2024-25

14-Jan-2025
Pakistan's overseas workers’ remittances have exceeded export earnings during the first half of fiscal year 2024-25, signaling a shift in foreign exchange inflows despite the government's efforts to b...
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Remittances Surpass Exports in Pakistan Fiscal Year 2024-25
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