The Sindh Excise, Taxation and Narcotics Control Department has effected a major narcotics seizure, confiscating a total of 266 kilograms and 950 grams of crystal methamphetamine (ice) and 60 kilograms of heroin, with an estimated international street value ranging between Rs3 billion and Rs4 Read More...
The Directorate General of Customs Valuation, Karachi, has issued Valuation Ruling No. 2035 of 2026 on Monday, establishing revised customs values for 62 categories of old and used branded mobile phones imported commercially without original packaging or accessories. The ruling Read More...
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State Bank of Pakistan (SBP) Governor Jameel Ahmad has underscored the indispensable role of human oversight in artificial intelligence-driven decision-making processes within the banking sector, particularly in high-stakes areas such as credit approvals and customer due Read More...
The National Assembly Standing Committee on Commerce, under the chairmanship of Muhammad Jawed Hanif Khan, unanimously approved two pivotal legislative measures on Monday aimed at strengthening and modernising Pakistan’s trade, export promotion, and tariff administration framework.
The Read More...
The Federal Cabinet has granted formal approval to the National Cannabis Control and Regulatory Policy, 2025, with the principal objectives of preventing misuse of cannabis, eliminating market manipulation, and establishing a structured regulatory framework for its controlled cultivation, Read More...
The Directorate General of Customs Valuation, Karachi, has issued a revised determination of customs values for various categories of ammunition imported from China and Turkey, with the objective of ensuring uniform, accurate, and transparent assessment of applicable customs duties and Read More...
United Bank Limited (UBL) has concluded Pakistan’s single largest interest rate swap transaction to date, valued at Rs75 billion, with Pakistan Mobile Communications Limited (Jazz), an arrangement that market observers widely regard as a watershed moment for the maturation and deepening of the Read More...
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The Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) has formally petitioned the Ministry of Energy for immediate remedial action to address the escalating overdue receivables totalling Rs1.547 trillion owed by state-owned gas utilities to upstream exploration and Read More...
The State Bank of Pakistan (SBP) reported a current account deficit of US$244 million for December 2025, reversing the US$98 million surplus recorded in November, primarily due to a sharp escalation in the import bill that outpaced concurrent improvements in exports and workers’ Read More...
The Government of Sindh has announced an ex-gratia payment of Rs10 million to the legal heirs of each individual who lost their life in the catastrophic fire at Gul Plaza shopping mall on M.A. Jinnah Road, Karachi. Chief Minister Syed Murad Ali Shah made the announcement on Monday while Read More...
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