SBP amends foreign exchange regulations to facilitate export transactions

KARACHI:The State Bank of Pakistan, Friday, notified revisions in foreign exchange regulations for export of goods from Pakistan to facilitate export transactions through the Pakistan Single Window and international platforms. A new paragraph, Para 15B, has been added in Chapter 12 of the Foreign Exchange Manual to include instructions relating to execution of export transactions […]

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Camels brought in Asia’s largest sacrificial animal market of Karachi

KARACHI:As many as one thousands camels, also known as ships or planes of desert because of its large stature and strength to carry heavy loads in deserts, have been brought in the Asia’s largest sacrificial animal market established for Eid-ul-Adha near the Sohrab area at Karachi-Hyderabad Superhighway. Like for other sacrificial animals, a separate block […]

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Minority communities have complete freedom to perform their rituals in Pakistan: Sindh Minister

KARACHI:Sindh Minister for Food and Minority Affairs, Hari Ram Kishori Lal further said, the minority community in Pakistan has complete freedom to perform their religious rites. The Provincial Minister for Minority Affairs expressed such view while talking to a delegation led by President Human Rights Youth Minority Organization Sindh, Michael Bashir Khokhar who called on […]

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SBP appoints 13 banks as primary dealer of government securities for FY 21-22

KARACHI:The State Bank of Pakistan appointed 13 banks as Primary Dealers (PDs) of government securities and two companies as Special Purpose Primary Dealers (SPDs) for Financial Year 2021-22. According to a circular issued by Domestic Market and Monetary Management Department of SBP, after evaluation of received applications under the laid down criteria the central bank […]

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40 percent regasification of RLNG from replacement ship achieved 2days ahead: Hammad

ISLAMABAD:Minister for Energy Hammad Azhar has said that 40 per cent regasification of RLNG from the replacement ship has been achieved 2 days ahead of schedule. Sharing Dry Docking of RLNG terminal update, the minister tweeted, “Change over of ships completed on time on Wednesday. We are targeting 70 per cent restoration of RLNG supply […]

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Governor pays condolence visit to Jamiatul Islamia Banoria

KARACHI: Sindh Governor Imran Ismail on Friday paid visit to Jamiatul Islamia Banoria Town to express condolence over death of renowned religious scholar Dr. Abdul Razzaq Iskandar. During his visit, he met Dr. Saeed Abdul Razzaq and Mufti Yousuf Abdul Razzaq, who are sons of late renowned religious scholar Dr. Abdul Razzaq and condoled with […]

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PTI Karachi president condemns robbery incident at Ehsas Programme Center

KARACHI:Pakistan Tehreek-e-Insaf (PTI) Karachi President has strongly condemned the robbery incident that took place at Ehsas Programme Center at Gulshan-e-Iqbal Block-5 area of the city. He expressed displeasure over the incident and blamed that Police was not present there for provision of security. In a statement, PTI Karachi’s President Khurrum Sher Zaman said that robbers […]

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PM lauds FBR on historic Rs 4,732 bln tax revenue

ISLAMABAD:Prime Minister Imran Khan on Friday commended the efforts of Federal Board of Revenue (FBR) in achieving the historic level of tax revenues of Rs.4,732 billion in 2020-21. “This performance is testimony to the strong economic revival spurred by our government’s policies,” the prime minister wrote in a tweet. The prime minister mentioned that the […]

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