Pakistan News

    Varmora Tiles Dealers In Hyderabad Pakistan

  • RD on imported tiles, sanitary ware welcomed

    KARACHI: Welcoming the recent imposition of regulatory duties on imported items, CEO Shabbir Tiles and Ceramics Ltd Masood Jaffery on Wednesday said the measures would support the local tile and ceramic industry and discourage imports, particularly from China...

    Addressing a press conference, Mr Jaffery said tile and sanitary ware manufacturers support the 20pc increase in duty on import of tiles and ceramics, followed by imposition...

  • Dumping probe into Chinese tiles launched

    ISLAMABAD: The National Tariff Commission (NTC) has initiated anti-dumping investigations against cheap imports of wall and floor tiles from China...

    The NTC, in a Feb 19 notice issued under the new anti-dumping laws approved by Parliament in September 2015, has asked all stakeholders, including importers and local industry to submit their viewpoint on the issue of dumped imports of tiles by April 4, 2016...

  • Exclusion of tiles from PTA with Iran sought

    KARACHI: The local man­ufa­cturers have demanded that tiles should not be incl­uded in the preferential trade agreement (PTA) with Iran...

    Trade between the two countries is essential, but it should not be at the cost of local industry,” said All-Pakistan Ceramics Tiles Manufacturers’ Association...

  • Jordanian officials sold CIA-supplied weapons to arms dealers: report

    WASHINGTON: Jordanian intelligence officials stole millions of dollars of weapons that the CIA and Saudi Arabia had supplied for Syrian militants, then sold them on the black market, The New York Times and Al Jazeera reported...

    The military equipment had been shipped into Jordan as part of the Central Intelligence Agency's secret program to train and equip 'moderate Syrian rebels' to fight government troops loyal to Syrian President...
  • Currency dealers quash panic rumours

    85 amid reports of its shortage in some parts of the country, currency dealers said there was no panic in the market...

    The rates have slightly increased because of higher demand,” said Malik Bostan, President, Forex Association of Pakistan...

  • Dealers of power generators dread end of loadshedding

    KARACHI: The prime minister’s announcement that loadshedding will end by November has made the importers/dealers of power generators uncertain about their future business prospects...

    However, their imports plunged in the first two months of the current fiscal year, data released by the Pakistan Bureau of Statistics revealed...

  • SBP surprises currency dealers with 1pc margin

    KARACHI: The State Bank has allowed exchange companies to charge up to one per cent as spread between buying and selling, surprising even currency dealers who were doing business with half a per cent spread...

    However, Exchange Companies Association of Pakistan’s (ECAP) Secretary Zaffar Paracha said the SBP had taken the decision on the demand of exchange companies...

  • Dealers charging premium for new motorbike

    KARACHI: Some dealers are charging “premium or on money” on spot sale of newly launched locally assembled Japanese bike as buyers cannot buy it at company’s fixed price...

    The new Yamaha 125cc was introduced in the last week of April, but some authorised dealers at Akbar Road, Karachi’s main motorbike market, after running out of stocks were insisting buyers to book the bike which would be delivered either after 12 days or in the...

  • Delay in new car number plates irks buyers, dealers

    According to car dealers, the conservative estimate is based on Rs500 per plate collected by the provincial government on registration of 200 vehicles daily on average in the last 300 days...

    Car dealers have informed the Sindh Excise and Taxation Department that number plates were not being issued for vehicles being registered in Karachi of the series BCA onwards since August 2014...

  • Currency dealers assured of dollar supply at Rs103

    KARACHI: The State Bank of Pakistan (SBP) has for all practical purposes set the US dollar rate at Rs103...

    20 for the open market and assured currency dealers unlimited supply of the greenback at Rs103 from the National Exchange Company and Habib Exchange Company...

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