Customs modification is urgent: Sri Lankan Finance Minister

OTTAWA: The Ministry of Agricultural, Food and Forestry Policy reported that the negotiations to restart Italian table grape exports to...

Air Canada revenue increases, but profit decreases in Q2

OTTAWA: Air Canada is reporting a lower profit for this year's second quarter as it dramatically increased the number of...

Cocaine smugglers arrested in Canada

OTTAWA: Three people in Leamington have been charged with several drug-related offences after a two-year joint investigation by several police...

FBR collects Rs 156b tax in 29 days of July with 4.7% growth

ISLAMABAD: The Federal Board of Revenue (FBR) provisionally collected Rs 156 billion in 29 days of July (the first month...

Customs reviews valuation of chewing gum

KARACHI: The Federal Board of Revenue’s Directorate General of Customs Valuation has issued new valuation of chewing gum from all...

LCCI holds meeting with Indian diplomat to maintain peace in the region

LAHORE: Pakistan and India are major partners of the South Asian Association for Regional Cooperation (SAARC) and have great responsibility...

CPEC can bring Pakistan into global economic mainstream

RAWALPINDI: Center of Excellence CPEC Executive Director and Pakistan Institute of Development Economics (PIDE) Joint Director Dr Safdar A Sohail...

Traders seeks amendment in SRO 568, SRO1178

KARACHI: In a meeting of FPCCI Standing Committee on automotive, various issues pertaining to the engineering sector came under discussion,...

FBR to upgrade IRAOs to BS-18

ISLAMABAD: Federal Board of Revenue (FBR) has assured Inland Revenue Audit Officers (IRAOs) for issuance of up-gradation notification of IRAOs...

New valuation rulings of paint brushes, roller brushes issued

KARACHI: The Federal Board of Revenue’s Directorate General of Customs Valuation has issued valuation rulings of paint brushes and roller...

Farah Farooq assumes charge as Customs Second Secretary

ISLAMABAD: Farah Farooq, a Pakistan Customs Service of BS-18, has assumed the charge of the post of Second Secretary. The...

Valuation rulings of schoolbags, steel spiral nails, cardamom issued

KARACHI: The Federal Board of Revenue’s Directorate General of Customs Valuation has issued valuation rulings of schoolbags, steel spiral nails...

Govt urged to adopt automatic refund mechanism

KARACHI: All Pakistan Business Forum (APBF) President Ibrahim Qureshi has urged the government to adopt automatic refund mechanism, which would...

Woman busted with 11 pounded of meth at airport

LOS ANGELES: A San Diego woman traveling from Mexico was caught at Los Angeles International Airport trying to smuggle in...

SoftBank profit jumps 19%

TOKYO: SoftBank Corp yesterday said its net profit jumped 19 percent in its fiscal first quarter owing to gains from...

India’s first container trans-shipment port by Adani to get Rs. 16 billion govt funding

NEW Delhi: The Adani group has started construction of the country's first trans-shipment port in Vizhinjam, Kerala. Trans-shipment terminals are...

Asia’s June Iran oil imports jump 47.1 percent year-on-year to more than four-year high

TEHRAN: Imports of Iranian oil by four major buyers in Asia in June jumped 47.1 percent from a year ago...

Zimbabwe imports fall 13.3%

HARARE: Zimbabwe’s import in the first half of the year has declined by 13.3 percent compared to the previous year....

SCBNL holds workshop