13th November, 2012
CNG kits import scam detected
The customs authorities have detected a scam wherein a large quantity of CNG cylinders and kits were being imported under the garb of storage cylinders in contravention of import policy.
9th October, 2012
Thailand Rice intervention
Thailand’s government expects losses of about 80 billion baht ($2.6 billion) from its rice intervention scheme as of September 2012, the commerce minister said on…
31st July, 2012
Refurbished Japanese cars may be hazardous
The automotive parts industry is demanding the local authorities as well as Japan to certify that all vehicles being imported into Pakistan are radiation-free.
13th July, 2012
LPG shortage looms
Following a notification by Ogra to cap the price of imported LPG below its landed cost, importers have begun to cancel their shipments.
12th July, 2012
TCP to purchase 0.2m tons sugar
The Trading Corporation of Pakistan is purchasing 0.2 million tons of sugar to beef up its strategic reserves to 0.678 million tons.
7th July, 2012
Govt to provide subsidy on gas products: Dr. Asim
Advisor to Prime Minister on Petroleum and Natural Resources Friday said that the government will provide subsidy to people on gas products.
4th July, 2012
Pakistan set to buy gasoline for Jul-Aug -trade
Pakistan State Oil is expected to award its latest import tender for 70,000 tonnes of gasoline at lower prices than its previous purchase, traders said on Wednesday.
27th June, 2012
Import of power machines thriving
The import of power generating machines is thriving with fading hopes of an early end to persistent long power outages across the country.
13th June, 2012
WB offers help for electricity import
The World Bank has offered Pakistan to carry out a feasibility study on import of 500MW electricity from India to help overcome load-shedding.
12th June, 2012
Sinopec resists bargain Iran crude, eyes US ties
Chinese refining giant Sinopec Corp, the biggest buyer of Iranian oil, has no plans to raise its Iranian crude imports for the rest of this year.
5th June, 2012
Ramadan sugar demand eyed; premiums up
White sugar premiums could strengthen on rising demand before the Muslim fasting month of Ramadan.
5th June, 2012
PSO seeks 490,000T fuel oil for July-Sept
Pakistan State Oil is seeking around half a million tonnes of fuel oil for July-September delivery, a tender document showed on Tuesday.
5th June, 2012
Preferential trade pacts cost Rs16.9bn
Pakistan is losing billions in revenue collection after striking a range of preferential trade agreements with various countries.
20th April, 2012
Ephedrine quota case: SC suspends transfers in ANF
Furthermore, sources told Dawn that Ali Musa Gilani, an accused in the case, would return only after he is granted pre-arrest bail by the court.
13th April, 2012
US-India ties hit rough patch over Iran
India and the United States are now navigating some of the rockiest waters since they began to build closer ties in the late 1990s.
12th April, 2012
Pakistan reveals soft side to India with trade show
Pakistan will unveil a trade fair in New Delhi on Thursday to reveal a soft side to traditional foe India as commercial ties begin to bloom.
4th April, 2012
Iraq tenders to buy basmati rice -govt
BAGHDAD: Iraq has issued a tender to buy a minimum of 30,000 tonnes of basmati rice from India and Pakistan origin, the trade ministry said…
26th March, 2012
Decline in potato export
WITH Sri Lanka slapping import duty and the Central Asian market not needing because of its own good crop, these are trouble times for Pakistani potato.
19th March, 2012
Asia is worlds top weapon importer: SIPRI
STOCKHOLM: Asia tops other regions when it comes to weapon imports, according to a study released Monday by the Stockholm International Peace Research Institute (SIPRI).…
19th March, 2012
Political economy of protectionism
ECONOMIC policy is characterised by gross disparity between theory and practice. While standard economics textbooks preach that free trade is a virtue in itself and that protectionism only makes an economy worse off,