All posts tagged "Import"
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137PakistanOil, 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...
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102BusinessImport 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,...
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173BusinessExports, 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...
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484AutomotiveImport 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...
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140BusinessTrade 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...
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149PakistanTextile 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). ...
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136BusinessMounting 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...
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432TechnologyPTA 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...
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211PakistanImported ‘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...
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363Pakistan2.6 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...
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166BusinessTrade 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...
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205PakistanFood 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...
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179PakistanRising 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...
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179PakistanECC 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...
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299PakistanCotton 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. ...
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363PakistanChina 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...
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225TechnologyMobile 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...
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325PakistanChina 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...
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203PakistanCotton 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...
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377PakistanQuran 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...
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559InternationalRussia 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...
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287PakistanFood 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...
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285BusinessCotton 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...
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141PakistanPakistan 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....
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285PakistanTrade 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...
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277BusinessPakistan’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...
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853TechnologyImport 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...
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279BusinessPM 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...
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199BusinessITFC 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...
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318AutomotiveAuto 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...
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724PakistanThree 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...
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742PakistanPakistan 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...
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1.0KPakistanUnder 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...
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991PakistanKhyber 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....
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1.2KBusinessJapan 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...
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4.0K9BusinessGovernment 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....
