Tue, 21-Oct-2025

Five things to know about 60 years of US sanctions on Cuba

Cuba

HAVANA – Decreed in February 1962 and still in place today, American sanctions against Cuba is one of the world’s longest-running boycotts by one country against another. Here are five things to know about the six-decade old trade ban.   – Objective: Regime change –   Executive order 3447 signed by John F Kennedy on … Read more

SBP makes it mandatory to bring export proceeds within 120 days

SBP

KARACHI: The State Bank of Pakistan (SBP) has made it mandatory for exporters to bring export proceeds within 120 days of the shipment, a statement said on Wednesday. With an objective to improve the timely inflow of foreign exchange from exports proceeds in the market, it had amended foreign exchange regulations requiring exporters to bring … Read more

Aptma demands uninterrupted gas supply to textile export industries

Aptma

KARACHI: The All Pakistan Textile Mills Association (Aptma), Southern Zone has urged the government to provide gas to production and export-oriented industries, a statement said on Monday. Aptma Southern Zone chairman Asif Inam said that despite the government’s vision of the higher priority of gas supply as compared to other industries, textile industry has to … Read more