All posts tagged "Import"
-
8PakistanPakistan wants to import more coal from Afghanistan to curb energy crisis
Prime Minister Pakistan Shehbaz Sharif has approved the import of super-critical quality coal from Afghanistan in rupees rather than in dollars, saying...
-
33TechnologyGovt considering to lift ban on import of mobile phones
According to reliable sources, the federal government is prepared to partially lift the ban on the import of mobile phones. A notification...
-
132PakistanPakistan’s trade deficit widened to all-time high $43.33 billion during 11 months
The Pakistan Bureau of Statistics (PBS) data showed that country’s merchandise trade deficit hiked by 57.85 percent year-on-year to an all-time high...
-
169PakistanPakistan to directly import 2 million tonnes of wheat from Russia on cash
Economic Coordination Committee of Pakistan on Saturday decided to directly import two million metric tonnes of wheat from Russia on cash. Pre-empting...
-
202PakistanGovernment lifts ban on import of raw materials, pet food and energy savers
According to a notification from the Ministry of Commerce, the federal government lifted the restrictions on the import of raw materials, intermediate...
-
142AutomotiveKia suspends bookings for Sportage, Picanto and Carnival due to import ban
Kia Sportage, Picanto, and Carnival bookings have been halted by Lucky Motor Corporation Limited (LMCL) due to import ban. Carnival’s bookings have...
-
231PakistanComplete list of luxury imported items banned by Pakistan
As part of measures that a minister stated would save $6 billion, the Pakistan government has banned the import of non-essential and...
-
259PakistanPakistan bans import of over 30 luxury items including cars, smartphones
The federal government has decided to impose a complete ban on the import of superfluous and luxury items to deal with Pakistan’s...
-
249PakistanChina imported more than $168 million worth of cotton yarn from Pakistan
Pakistani cotton experts showed their confidence in the growth of local cotton-related industry and yarn export to China in addition to other...
-
279PakistanPakistan’s trade deficit jumped to all-time high of $39.3 billion in 10 months
Pakistan’s trade deficit hiked up by an all-time high of 65 percent year-on-year to $39.3 billion in the 10 months through April...
-
295PakistanGovt to import 200,000 tonnes of urea to meet peak kharif season demand in June
The new government has made a decision to continue the observations of the PTI government and announced to import of 200,000 tonnes...
-
1.1KPakistanPakistan’s current account deficit jumped to $13.17 billion in 9 months
The current account deficit of the country has almost doubled in March to $1 billion as compared to the previous month, taking...
-
433PakistanPakistan’s petroleum and food imports surged to $21.87 billion in three quarters
Pakistan’s petroleum and food import bill increased by 59.98 percent to $21.87 billion during the July-March period against $13.67 billion in the...
-
166InternationalChina to promote Pakistan’s exports by allowing import of more Pakistani rice
Foreign Minister Shah Mahmood Qureshi declares that Beijing desired to encourage Pakistani exports to China by permitting the import of more Pakistani...
-
370PakistanImport of duty-free items surge 66% to $23.42 billion in eight months
The increase in the import of duty-free items during the month of February was found to be 42.41 percent to $2.67 billion as compared...
-
636Pakistan11 sectors record double-digit growth in exports in February
The exports of 11 sectors, comprising value-added textiles, showed double-digit growth in February when compared to the corresponding month last year. According...
-
450PakistanFood import bill surges by over 21% to $5.63 billion in seven months
The country’s import bill of food items went high by 21.32 percent to $5.63 billion during the first seven months of this...
-
389PakistanECC okays Rs 12.3 billion subsidy for import of 100,000 tonnes of urea
The Economic Coordination Committee (ECC) of the Cabinet has has approved Rs 12.345 billion for import of urea on equal cost sharing...
-
562PakistanOil, food import bill jumps 73% to $15 billion in six months
Pakistan’s oil and food import bill surged 73 percent to $14.97 billion in the July-December period compared to $8.67 billion a year...
-
416PakistanOil, food imports surge 78% to $12.4 billion in July-November
The country’s oil and food imports moved up by 78 percent to $12.4 billion during the first five months of this fiscal year...
-
290BusinessImport bill of 30 items rise 142% in November
The import bill of 30 items reached Rs 696.346 billion during November as compared to Rs 287.131 billion during the same month, last year,...
-
318BusinessExports, imports see record rise in 1QFY22
Imports and exports both touched the highest-ever level in the first quarter of fiscal year 2021-22 (1QFY22) which persuaded the government to...
-
832AutomotiveImport of completely built cars banned for 6 months as CAD gets out of control
A temporary ban on the import of completely built cars for the next six months, from January to June 2022, has been...
-
281BusinessTrade deficit with nine regional countries widens to $3.18 billion in first quarter
Exports of Pakistan to nine neighbouring countries rose by 31.56%, however, the imports from these countries also went up by 42.6% in the first...
-
261PakistanTextile exports hit all-time high of $6.04 billion in four months
Pakistan’s textile exports surged to an all-time high of $6.04 billion in the first four months (July-October) of this fiscal year (2021-22). ...
-
283BusinessMounting imports push trade deficit up 103% in 4 months
The first four months of the current fiscal year (4MFY22) posted a rise of more than 103 percent in trade deficit all...
-
741TechnologyPTA allows import of 5 mobile devices for personal use in a year
The Pakistan Telecommunication Authority (PTA) has released the ‘Type Approval Technical Standards Regulations 2021,’ which permits the import of only five mobile devices...
-
490PakistanImported ‘most expensive’ sugar ever reaches utility stores
The ‘most expensive’ sugar has been imported by the federal government for the first time in Pakistan’s history for Utility Stores Corporation. As per...
-
576Pakistan2.6 million cotton bales reach ginneries, a surge by 160 percent
More than 2.69 million cotton bales have reached ginning mills so far, representing nearly 160 percent higher arrivals. The meeting of the...
-
332BusinessTrade gap widens by 133 percent to $4.05 billion in August
During the month of August, the trade gap widened 133 percent to $4.05 billion against $1.740 billion during the same month, last year. This...
-
363PakistanFood import billing increased 22 percent in the month of July
The food import bill of the country grew by 22.24 percent to $647.036 million in July compared to $529.311 million of the...
-
274PakistanRising current account deficit, imports pose threat to economy
Country’s economic managers have noted rising international commodity prices, higher import bill and current account deficit which are main risks to the...
-
284PakistanECC okays import of 200,000 tonnes of sugar and 400,000 tonnes of wheat
ECC has approved the import of 200,000 tonnes of sugar and 400,000 tonnes of wheat and an Rs 24.555 billion supplementary grant. The meeting of the Economic Coordination Committee (ECC) held on...
-
398PakistanCotton rate reached highest level amid low yield, delayed imports
Cotton prices have touched new highs in the local market amid a fall in local production, delayed in cotton imports from abroad. ...
-
711PakistanChina bans import from nine Pakistani seafood companies
China has banned import from as many as nine Pakistani seafood firms since January after detecting coronavirus traces in their shipments. According...
-
318TechnologyMobile phones import surge 50% to $2.065 billion in FY21
According to figures from the Pakistan Bureau of Statistics (PBS), mobile phones import reached $2.065 billion in 2020-21, up from $1.369 billion...
-
513PakistanChina to import 300 tonnes of chillies from Pakistan
Pakistan will export 300 tonnes of chillies to China picked and dried at a pilot chilli field in Lahore during August, said CMEC. Umer Diyal, a farmer who worked...
-
292PakistanCotton import bill rise by 44% during 11 months of outgoing financial year
Cotton import bill by Pakistan hit $2.3 billion, an increase of 44 percent during the 11 months of the outgoing financial year 2020-2021. The...
-
731PakistanQuran publishers hail PM Khan for duty-free paper import
In the budget for the fiscal year 2021-22, Prime Minister Imran Khan removed taxes on imported paper used for printing the Holy Quran, as...
-
898InternationalRussia resumes import of rice from Pakistan after two years
The prohibition on rice imports from Pakistan has been lifted by Russia. Russia has permitted the import of the commodity from four...
-
463PakistanFood import bill increases by 53.93 percent in 10 months
The government has spent a big amount on the import of food items during the first 10 months of the current fiscal year. The items like...
-
404BusinessCotton imports are up 46% as domestic output falls dramatically
During the first nine months of the current fiscal year, Pakistan imported cotton worth $1.838 billion. This is up 46% from the...
-
216PakistanPakistan decides to import 0.3 million tons of wheat from Central Asia, Ukraine
Pakistan has allowed private companies to import 300,000 tons of wheat duty-free amid soaring prices of the crop in the domestic market....
-
412PakistanTrade deficit widens by 21.6 percent to $23.8 billion in 10 months
The trade deficit of the country widened by 21.6% to $23.83 billion in the 10 months of the fiscal year 2020-21 which...
-
399BusinessPakistan’s exports slump 22pc in the region
The Pakistan’s exports to different regional countries, including Afghanistan, China, Bangladesh, Sri Lanka, Iran, Nepal, Bhutan, and the Maldives have come down during the eight...
-
1.4KTechnologyImport of used computers and laptops will now face increased taxes
The Customs department has issued Valuation ruling No. 1519 according to which, importers will have to pay 30-40 percent additional duty on import...
-
378BusinessPM Imran Khan okays cross-border yarn import
The cross-border yarn import has been approved by Prime Minister Imran Khan amid fears of a shortage of industrial input in textile...
-
269BusinessITFC loans $1.1bn to Pakistan for oil and LNG imports
A member of the Islamic Development Bank Group, ITFC has agreed to loan $1.1 billion to Pakistan for oil and LNG imports...
-
415AutomotiveAuto import bill rises by 194 percent in the first half of FY21
In the first half of the current fiscal year (1HFY21), the turnaround in demand and increasing imports of brand-new cars, sports utility...
-
916PakistanThree ball bearings importing companies booked for ‘misdeclaration’
The research and development section of the Model Customs Collectorate of Appraisement-East lodged a case on Tuesday against three importing companies for...
-
853PakistanPakistan becomes importer of major farm goods to curb soaring prices
Pakistan which always was the exporter of major agricultural goods has now become a net importer of some of the major farm...
-
1.1KPakistanUnder FBR new rules imports worth Rs 5,000 can be detained by customs
Under the Federal Board of Income (FBR) new rules any product imported into Pakistan worth as much as Rs 5,000 can be...
-
1.1KPakistanKhyber Pakhtunkhwa govt seeks import of 300,000 tons wheat
The Khyber Pakhtunkhwa government has decided to import 300,000 tons of wheat in order to meet the shortage and control flour prices....
-
1.3KBusinessJapan allows import of mangoes, keen to import basmati rice from Pakistan
Japan has temporarily allowed import of mangoes from Pakistan and shown interest in importing basmati rice from Pakistan. Japan has also shown...
-
4.2K9BusinessGovernment places orders to import 0.5m ton wheat
The federal government has decided to import 0.5 million tonnes of wheat to make up for the lowest local yield this year....
