EPZ duty structure leads to double taxation

ISLAMABAD: A delegation of National Steel Complex Limited met Federal Minister for Commerce Jam Kamal Khan to discuss issues relating to industrial competitiveness, tariff rationalisation, value-added manufacturing, and operational challenges being faced by steel and engineering sectors. The delegation briefed the minister on concerns arising from the existing duty structure applicable to raw materials, intermediate…

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Iranian trade delegation visits Gwadar

Team will assess investment opportunities, port facilities, and logistics infrastructure in Gwadar GWADAR: In what is being hailed as a significant milestone in economic and trade relations between Pakistan and Iran, a high-level, fully authorized delegation from the Chabahar Free Zone Organization has arrived in Gwadar. The delegation, led by Chairman Muhammad Saeed Arbabi, crossed…

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KSE-100 drops 665 points after early surge

Trading volume stands at 284,031,410 shares with a total traded value of Rs12,022,767,811 Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: In a volatile trading session on Tuesday, the Pakistan Stock Exchange (PSX)…

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Jake Paul acknowledges cloudy future

Jake Paul at a MMA press conference at Intuit Dome. Photo: REUTERS/FILE LONDON: Jake Paul expressed a desire to continue fighting while acknowledging his fighting career could be done in a recent interview. Paul, 29, is still recovering after Anthony Joshua broke his jaw during their December fight, Paul’s first loss in seven ‌fights. “We’ll…

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Bangladesh probes T20 World Cup withdrawal

Bangladesh sports adviser Asif Nazrul was a central figure in the issue. Photo: ICC/FILE The Bangladesh government has formed a committee to investigate the previous administration’s decision that led to the national cricket team being excluded from the 2026 ICC Men’s T20 World Cup after a dispute over playing venues in India. The sports ministry…

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IT exports set to hit $4.6 billion

Meeting was briefed on a range of measures taken to promote IT across the country ISLAMABAD: Pakistan is expected to achieve IT exports worth $4.5 to $4.6 billion in the current fiscal year, the Prime Minister’s Office said on Monday as Premier Shehbaz Sharif chaired a review meeting on the affairs of the Ministry of…

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Gas firm rejects costly spot LNG bids

ISLAMABAD: Pakistan LNG Limited (PLL) has rejected bids for two spot liquefied natural gas (LNG) cargoes, which demanded higher rates and could force consumers to pay an additional $22 million for one LNG cargo. At a briefing, the Senate Standing Committee on Petroleum was informed that an LNG cargo was expected to arrive at Karachi…

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Tottenham relegation fears deepen

Tottenham Hotspur’s Mathys Tel fouls Leeds United’s Ethan Ampadu before conceding a penalty after a VAR review. Photo: REUTERS/FILE LONDON: Tottenham Hotspur wasted a golden chance to ease their Premier League relegation fears as Dominic Calvert-Lewin’s penalty earned Leeds United a 1-1 draw in North London on Monday. A first home win in the league…

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