Category: News

Customs’ value fixed on solar panels import

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed customs value $0.08/Watt to $0.09/Watt on the import of solar panels of all origin. According to a valuation ruling (2012 of 2025) issued by the directorate on Monday, several representations were received by the Directorate of Customs Valuation, Karachi, emphasising

FY25 profit repatriation totals $2.22bn

KARACHI: Foreign companies operating in Pakistan repatriated over two billion dollars on account of profits and dividends during the last fiscal year (FY25), the State Bank of Pakistan reported on Monday. According to the SBP, total profit and dividend repatriation, including return on Foreign Direct Investment (FDI) and Foreign Portfolio

Rupee depreciated further against the US dollar

KARACHI: Rupee depreciated further against the US dollar in the inter-bank market as it lost Re0.41 or 0.15% during the previous week. The local unit closed at 284.87, against 284.46 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). In a key

Pakistan Embassy to Host Pak-China Business Meetup

BEIJING: In a bid to attract investment and strengthen business ties, the Pakistan Embassy in China will organise a matchmaking event between Pakistani and Chinese entrepreneurs in Beijing by the end of next month. “We are expecting 100 to 150 Pakistani business leaders or company representatives to visit China during

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