Trends - Import - Business Recorder

Import

Looking after the needs

Needs come first followed by import substitution and then exports to earn foreign exchange. The basics like food,...

Published 15 Sep, 2024 02:46am

Pakistan

Finance ministry expects inflation to fall further to 9.5-10.5% in August

Headline inflation figure hit 11.1% in July and brokerage houses now see the number falling to single digits

Updated 30 Aug, 2024 10:09pm

Business & Finance

Personal use of importer’s family: FBR exempts WHT on import of eye drops from France

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted withholding tax on import of the medicines and eye drops...

Published 30 Aug, 2024 07:49am

Imported goods specified in Third Schedule: FBR empowered to fix value of supply

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to fix the value of supply in case of imported...

Updated 06 Aug, 2024 09:07am

Business & Finance

LED bulb parts, LED light parts: Customs’ values on import from China revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of LED bulb...

Published 04 Jul, 2024 05:47am

Business & Finance

Primary payments: C/A posts $270m deficit in May

KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270...

Published 22 Jun, 2024 06:47am

‘Skimmed & Instant Milk Powder’ New customs values on import of milk products fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of “Skimmed...

Updated 26 May, 2024 09:10am

Pakistan

Russia-Ukraine war: Pakistan could not import, procure vital raw materials: PM

RIYADH: Prime Minister Shehbaz Sharif Monday said permanent peace in Gaza was imperative for peace in the world. He...

Published 30 Apr, 2024 03:43am

Business & Finance

JETRO survey shows Japanese cos in Pakistan facing various issues, including higher import costs

KARACHI: The Japan External Trade Organization (JETRO), the Japanese government’s trade and investment promotional...

Published 01 Apr, 2024 05:34am

Business & Finance

Condoning import-, export-related curbs: Ministerial body formed to resolve cases

ISLAMABAD: The federal cabinet has constituted a three-member Ministerial Committee to resolve cases to condone...

Published 30 Mar, 2024 05:36am

Local vendors suffer as import of used cars rises

KARACHI: Pakistan has witnessed a sharp surge in the imports of used cars during the first six months of the current...

Updated 14 Mar, 2024 08:45am

Business & Finance

New customs values on import of shoe polish fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of shoe ...

Published 08 Feb, 2024 05:02am

BR Research

Current account roundup: 5MFY24

The economy is unofficially in a zero current account deficit (CAD) mode, and it is an unannounced policy of SBP, as...

Published 19 Dec, 2023 09:05am

145 govt organisations: FBR defines ‘economic transaction’ for maintaining data

ISLAMABAD: The Federal Board of Revenue (FBR) will maintain record of economic transactions of transfers of gifts...

Updated 09 Dec, 2023 09:09am

Oil products’ import on foreign suppliers’ account: Decision not materialised due to delay in notification of SOPs

ISLAMABAD: The federal government’s decision to allow import of oil products on foreign suppliers’ account through...

Updated 10 Nov, 2023 09:40am

Business & Finance

‘Private sector is in the field’ There’s no plan to import wheat thru TCP: official

KARACHI: The federal government has no plan to import wheat through Trading Corporation of Pakistan (TCP) as the...

Published 10 Nov, 2023 03:07am

Govt decides to import urea on G2G basis

ECC of the Cabinet also directs the Petroleum Division to holistically review the existing contracts and firm up a proposal on uniform gas pricing

Updated 05 Nov, 2023 10:10pm

Business & Finance

Import of goods: Customs accused of violating SBP provisions

LAHORE: Customs authorities are allegedly violating the legal provisions made by the State Bank of Pakistan for...

Published 23 Jun, 2023 06:00am

Business & Finance

Proposals

No increase in duties on import of essential items Minimum wage proposed at Rs32,000; wages of government employees...

Published 10 Jun, 2023 05:20am

RDs on wide range of items abolished

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished regulatory duties on a wide range of items including...

Published 10 Jun, 2023 04:39am

World

India considers cutting solar panel import tax to make up domestic shortfall

NEW DELHI: India is considering cutting its import tax on solar panels by half and is seeking a rollback in goods...

Published 31 May, 2023 05:23pm

Shortage of goods, plant closures: IMF identifies import curbs as the real culprits

Says financial framework underlying policies agreed with the authorities is included in staff report to be released upon IMF Executive Board’s approval of ninth review

Updated 31 May, 2023 11:25am

20pc customs duty, RD on import of edible oils, oilseeds proposed

ISLAMABAD: The government has proposed 20 percent customs duty and regulatory duty on the import of edible oils and...

Updated 04 May, 2023 09:13am

Opinion

‘The grim challenge of import addiction’

This is apropos a Business Recorder op-ed “The grim challenge of import addiction” carried by the newspaper on...

Published 29 Apr, 2023 06:04am

BR Research

Unwelcome surplus

The current account posted a surprise surplus of $654 million in Mar-23 – highest monthly surplus in eight years....

Published 28 Apr, 2023 09:16am

Opinion

The grim challenge of import addiction

We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I...

Updated 27 Apr, 2023 07:06am

Business & Finance

Govt urged to ban import of non-essential items

KARACHI: President of United Business Group (UBG) Zubair F Tufail has said that after the government lifted the ban...

Published 26 Apr, 2023 06:15am

BR Research

Localization of energy supply chain

With import restrictions, Pakistan's import-substituting manufacturing sectors, which are highly dependent on...

Published 10 Apr, 2023 09:02am

BR Research

A Hawala Tsunami?

A couple of months back, when the SBP Governor visited the FPCCI office in Karachi, the traders and industrialists...

Published 29 Mar, 2023 08:55am

Markets

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port Trust handled 165,153 tonnes of cargo comprising 96,126 tonnes of import cargo and 69,027...

Published 22 Mar, 2023 06:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Import

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