Category Archives: Buying & Selling

Economic Indicators Showing Positive Growth: Shibli

Federal Minister for Information and Broadcasting Senator Syed Shibli Faraz said that all the economic indicators were showing positive growth which manifested the fact that the present government had put the economy in the right direction. Speaking at the Meet the Editors program at the Secretariat of the Council of Pakistan Newspaper Editors (CPNE), he

Trade Deficit Increases Due to Higher Imports in September 2020

Pakistan’s trade deficit went up by 19.5% to $2.39 billion during September 2020 as compared to $2 billion in the same period in 2019. The uptick in the trade deficit was seen due to a 13.2% year on year increase in imports to $4.26 billion in September 2020 as compared to $3.76 billion in the

Exports Grow by 6% in September: Dawood

After a decrease in exports during the month of August, Pakistan’s exports for the month of September 2020 posted a growth of 6% to $1.872 billion, as compared to the same period last year. This was stated by the Advisor to Prime Minister on Trade and Commerce Abdul Razak Dawood on Friday. A.A.H Soomro, Managing

Pakistan’s Mobile Phone Imports Increased by 87.4% in Jul-Aug FY21

The import of Mobile Phones into the country has witnessed an increase of 87.37 percent during the first two months of the ongoing financial year (2020-21) as compared to the corresponding period of last year, latest data issued by the Pakistan Bureau of Statistics (PBS) showed. Pakistan imported mobile phones worth $306.383 million during July-August 2020 as

Why Real Estate Is the Best Investment Option for Overseas Pakistanis

The real estate sector in Pakistan has always enjoyed the strong confidence of the people, attracting investments, be it in residential or commercial projects. The sector that once lacked transactional transparency, security, and little to no integration of technology played a major part in discouraging the investors overseas. However, in recent years, the sector yielded

All Imports Worth Rs. 5,000 or More Can be Detained by Customs: FBR

Any product imported into Pakistan through postal or air courier services with a declared value up to Rs. 5,000 will be examined, checked, and could be detained by the customs authorities to revise and verify the declared values of imported goods for accurate assessment of duties and taxes. This new measure has been taken by