Pakistan News

    Cow Importers In Pakistan

  • Pakistani importers seek 66,000 tonnes soybeans from US or Brazil

    HAMBURG: Pakistani importers are negotiating over the purchase of about 66,000 tonnes of soybeans to be sourced from the United States (US) or Brazil, European traders said on Wednesday...

    Pakistan has been a heavy buyer of soybeans this year as import duties and local sales taxes have made soybean imports for local crushing more attractive than soymeal imports, one trader said...

  • Importers slam delay in clearance at PICT

    KARACHI: Importers are complaining against long delays in delivery and clearance of containers at the Pakistan International Container Terminal (PICT) which has resulted in payment of huge demurrage and ports charges...

    He added that truckers have threatened to collect detention charges from importers in case containers are not delivered within working hours on the same day...

  • Chemical importers for level-playing field

    KARACHI: Pakistan Chemical and Dyes Merchants Association (PCDMA) on Tuesday urged Federal Finance Minister Ishaq Dar to remove the difference between ‘industrial’ and ‘commercial’ importers and provide a level-playing field for doing business...

    In a press release, Chairman PCDMA Khawaja Arif Kapoor said more taxes on imports of raw material for commercial importers were unjust...

  • Coal importers eye PSM’s idle jetty, other equipment

    KARACHI: Coal importers from the private sector have sought government’s permission to use Pakistan Steel Mills’ (PSM) idle jetty, cargo conveyor belt and other equipment until the Pakistan International Bulk Terminal becomes operational...

    In communications with the ministries of industries and production and ports and shipping, the importers explained that a permission would help bring down the cost of imported coal by $4 a tonne...

  • Importers, banks warned over multiple payments

    KARACHI: The State Bank of Pakistan on Friday warned importers and banks over multiple payments being made on duplicate import documents...

    Bankers said that a number of new importers have emerged taking advantage of the lenient policy for payments against imports...

  • 100pc cash margin will lead to cellphone smuggling: importers

    KARACHI: The State Bank of Pakistan’s decision of imposing 100 per cent cash margin on imports of mobile phones will encourage smuggling, cellphone importers said on Saturday, anticipating a tough business environment ahead...

    M Saadul Hassan, Director Marketing, Samsung Pakistan said the new cash margin condition would depress government’s revenue and hurt consumers’ interest...

  • Threats from US put new pressure on Iranian oil importers

    HONG KONG: Importers of Iranian oil are facing pressure from the United States to find another energy source or be hit with sanctions...

    Antoine Halff, a researcher at Columbia University and former chief oil analyst for the International Energy Agency, said it’s not unusual for the US government to seek cooperation from other importers of Iranian oil President Barack Obama’s administration did it during a previous round of...

  • LPG industry decries tax relief to importers

    ISLAMABAD: The local LPG industry has expressed concern over tax and duty concessions given on imported product under the supplementary finance bill 2018 cleared by the National Assembly, saying this would benefit only importers instead of 8-9 million consumers...

    “The effect on the pricing of imported LPG suggests that local LPG is now expensive than the import product which is going to hit the domestic LPG industry hard,” said...

  • Importers seek clarity over shipments via Wagah

    LAHORE: The fate of import shipments en route from India via Wagah/Atari and for which importers had established LCs (letters of credit) before Pakistan’s decision to suspend bilateral trade over abrogation of the special status of the Occupied Kashmir by New Delhi hangs in balance...

    In a letter sent to the DG Trade Policy at the Commerce Ministry, the Lahore Chamber of Commerce and Industry (LCCI) has asked him to save the importers...

  • Pakistani importers exploring new raw material sources amid coronavirus fears

    Pakistan’s imports from China are worth $12 billion and mostly comprise of dyes and chemicals which are basic raw materials for textile sector – the biggest foreign exchange earning sector in the country...

    He urged the prime minister to foresee this situation and take urgent measures, as import consignments are lying on Chinese ports and Pakistan Embassy and Consulate in China be directed to work in this regard...

  • Govt to facilitate wheat importers

    ISLAMABAD: The Mi­­nistry of National Food Security and Research (MNFSR) on Wednesday assured wheat importers of all possible assistance including transportation of the commodity once shipments arrive in the country...

    During a meeting with Secretary MNFSR Omer Hamid Khan, wheat importers requested the ministry for facilitation in berthing, storage and clearances upon landing of wheat shipments...

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