Increased SBP facilitation: Import of oil, POL items, LNG in focus
This decision follows amendments made to the instructions regarding ‘Imports under PSW, "Financial Instrument Details’ and ‘Guarantees on behalf of Residents of Pakistan in Favour of Non-Residents’ in the Foreign Exchange Manual. According to the revised guidelines, authorised dealers (banks) will communicate the details of import transactions using electronic data interchange (EDI) with the PSW.
War Opens Port Opportunity
Long-term reforms are essential. These include improving digitalisation of port documentation, integrating systems with Pakistan Single Window (PSW), restructuring governance of Karachi Port Trust and Port Qasim Authority, and revising tariff frameworks to reduce reliance on dollar-indexed costs.
Clean Ports, Strong Economy: Fight for Transparency in Maritime Sector
Pakistan is making moves. Maritime Anti-Corruption Network (MACN) in collaboration with UN Global Compact has initiated a collective action programme to curb corruption in ports. It is collaborating with PSW to develop a platform of public grievance whereby businesses can report corrupt demands without insecurity.
Ports Record Historic Cargo Surge
Modernisation of the Vessel Traffic Management System (VTMS), integration with the Port Community System (PCS) and PSW, and ERP deployment have further strengthened operational efficiency.
Task Force Set up to Reform FBR Legal Wings, Address Litigation Gaps
The task force will be presided over by Shad Mohammad and includes senior legal and operational officials from FBR, the CEO of Pakistan Single Window, technical advisors, representatives of the Attorney General’s Office, and the eminent constitutional and tax lawyer Hafiz Ahsaan Ahmad Khokhar, highlighting the seriousness of the government’s initiative.
Pakistani Ports Emerge as Safe Trade Hub
The PTEA has proposed the establishment of a Centralised Monitoring & Response Unit to monitor import and export cargo flows through the Pakistan Single Window.
Senate Panel Concerned at Quetta Expo Centre Site
It was noted that the TDAP had established a dedicated Women Entrepreneurs Division and signed MoUs with various NGOs and government organizations, including PSW, to strengthen networks supporting cottage industries and women-led businesses.
Imported Used Cars vs. Local Assembly: Pakistan’s Auto Sector at a Crossroads
The pre-shipment inspection (PSI) regime has also been streamlined, requiring agencies to be registered with the PSQCA, accredited by the PNAC, and internationally recognized through ILAC arrangements, with mandatory integration into the PSW system.
Strengthening Cybersecurity Essential to Attract Foreign Investment: Shaza Fatima
The government is digitizing various sectors, including the Federal Board of Revenue (FBR), customs operations, and the Pakistan Single Window system, to improve transparency and efficiency.
Government to Shift Export Development Fund to Section 42 Company, Abolish Surcharge
The study recommended strengthening research capabilities, launching seven thematic financing windows, and integrating the Pakistan Single Window (PSW) platform to directly connect with exporters.