Daily Archives: November 13, 2017

SECP extends annual returns filing date

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has extended the dates for filing of annual returns, said a statement on Monday.

SBP organizes seminar on anti-money laundering

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KARACHI: State Bank of Pakistan (SBP) on Monday organized a ‘Compliance Forum Session’ for guidance and awareness of financial institutions in implementation of Risk-based approach and alert them regarding upcoming Anti Money Laundering and Combating Financing of Terrorism (AML/CFT) mutual evaluation of Pakistan.

Car sales post 32pc growth in July – October 2017

KARACHI: The local assemblers have managed to sell 83,809 units of car, vans and jeeps during July – October 2017/2018 as compared with 63,633 units in the same period of the last fiscal year, showing 32 percent growth.

Trade deficit widens to $12.13bn despite 10pc exports growth

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ISLAMABAD: The trade deficit has widened by $12.13 billion in first four months of current fiscal year despite 10 percent growth in exports during the same period, according to data released by Pakistan Bureau of Statistics (PBS) on Monday.

Pakistan Customs investigating role of officials in phone smuggling

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KARACHI: Pakistan Customs is investigating role of officials posted at gate out in clearance of huge quantity of mobile phones without payment of duty and taxes, sources said.