Tag: State Bank of Pakistan

Government made Rs 13.163 billion payment against fertilizer cash subsidy: Senate informed

PAR Mar 16, 2017 0

The Senate was informed on Wednesday that the government made payment of Rs 13.163 billion against announced fertilizer cash subsidy. During the quest...

Regional, international markets: PFMA for export of surplus wheat, flour

PAR Mar 16, 2017 0

Pakistan Flour Mills Association (PFMA) on Wednesday called for better export policy for flour and wheat so that the big surplus stock can be exported...

Customs, SBP will not to entertain incomplete Form-E by exporters

Faizan Haroon Mar 16, 2017 0

KARACHI: The Pakistan Customs and the State Bank of Pakistan (SBP) have decided not to accept any Form-E which has incomplete details given by the exp...

Additional quantity: Industry seeks to export sugar

PAR Mar 6, 2017 0

The domestic sugar industry has sought permission to export additional quantity of 0.5 million tons of sugar without any rebate to avert default in pa...

Flour millers postpone central committee meeting

PAR Feb 28, 2017 0

The Central Committee of the Pakistan Flour Mills Association (PFMA) has postponed its meeting scheduled in Karachi during the current week in the wak...

Urea export quota to be allocated on first-come-first-serve basis: SBP

PAR Feb 22, 2017 0

The State Bank of Pakistan (SBP) said here on Tuesday that export quota to urea manufacturers will be allocated on first-come-first-serve basis withou...

Torkham Customs confiscates 14.318 kg gold-bars

Faizan Haroon Jan 28, 2017 0

ISLAMABAD: The Model Customs Collectorate Peshawar’s Torkham Customs Station seized 14.318 kilogram of gold-bars from a vehicle coming from Afghanis...

Flour millers say State Bank must pay rebate money

PAR Jan 26, 2017 0

The Pakistan Flour Mills Association (PFMA-Punjab) alleged here on Wednesday that the State Bank of Pakistan (SBP) has not paid the amount to the expo...

Duty drawback of taxes allowed for exporters

PAR Jan 25, 2017 0

Ministry of Textile Industry has allowed duty drawback of taxes collected from garments, home textiles, processed fabric, greige fabric and yarn manuf...

Pakistan Stock Exchange, Chinese Consortium Sign Formal Equity Share Purchase Agreement

PAR Jan 21, 2017 0

Federal Finance Minister Senator Mohammad Ishaq Dar Friday witnessed the signing of share purchase agreement of Pakistan Stock Exchange’s (PSX) equity...

Export of Sugar - EPD Circular Letter No. 01 of 2017

PAR Jan 20, 2017 0

Authorized Dealers (ADs) may find enclosed Ministry of Commerce’s Office Memorandum No. 7(2)/2012-Exp.III dated January 6, 2017 regarding the above su...

Foreign direct investment (FDI) inflow jumps to 10pc as CPEC improves the investment climate in Pakistan

PAR Jan 18, 2017 0

The State Bank of Pakistan (SBP) reported on Monday that FDI in July-Dec amounted to $1.08bn, showing annual growth of 10.4pc. The overall investment...

Export of Sugar Office Memorandum

PAR Jan 10, 2017 0

The undersigned is directed to refer to the subject noted above and to state that the Economic Coordination Committee (ECC) of the Cabinet in Case No....

Customs to use WeBOC at airports to curb smuggling, money laundering

PAR Dec 20, 2016 0

KARACHI: The Pakistan Customs has decided to use WeBOC software to keep the data of air passengers and check the suspects involved in drug smuggling a...

PC clarification

PAR Dec 16, 2016 0

In response to various media reports that Pakistan Steel Mills (PSM) would be privatised in three months and also that its land is estimated at Rs 7 m...