KARACHI, Sept 15 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Thursday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 1.2500 15.09.16 CONVERSION RATES FOR 15TH SEPTEMBER 2016… Continue reading Foreign exchange rates
Author: Uploader
Kashmir issue to be raised at UNGA forum: Zafar ul Haq
ISLAMABAD, Sep 15 (APP): PML-N leader and leader of the house in Senate Raja Zafar ul Haq has said that Prime Minister Muhammad Nawaz Sharif would raise the issue of Kashmir at the United Nations General Assembly (UNGA) Forum. He said Pakistan will continue Kashmiris’ moral, political, and diplomatic support while talking to Radio Pakistan. He… Continue reading Kashmir issue to be raised at UNGA forum: Zafar ul Haq
Japan provides security equipment worth Rs. 2 bln for three airports of Pakistan
ISLAMABAD, Sep 15 (APP): The government of Japan has provided airport security equipment worth 1.94 billion Japanese Yen, equivalent to around Rs. 2 billion for enhancing security measures at three major international airports in Pakistan. These equipment would be installed at Islamabad, Lahore and Karachi international airports. The airport security equipment consist of Explosive Detection… Continue reading Japan provides security equipment worth Rs. 2 bln for three airports of Pakistan
At UN, Pakistan asks Afghanistan not to allow use of its territory for cross-border attacks
UNITED NATIONS, Sept 15 (APP): A top Pakistani diplomat has called on Afghanistan to ensure that its territory is not used by anyone to foment terrorism, saying Pakistan continues to encounter threats from the Tehreek-i-Taliban (TTP) and its backers from across the border. Speaking in the UN Security Council on Tuesday, Ambassador Maleeha Lodhi also… Continue reading At UN, Pakistan asks Afghanistan not to allow use of its territory for cross-border attacks
Lt-Gen. Riaz offers Eid with soldiers
QUETTA, Sept 15 (APP): Commander Southern Command, Lt-General. Aamir Riaz offered prayers of Eid-ul-Azhaa with officials and soldiers of Pak Army at Quetta Cant and exchanged Eid greetings with them. According to a press release issued by ISPR here, the Commander Southern Command and officials and soldiers of Pak Army offered special prayers for the progress… Continue reading Lt-Gen. Riaz offers Eid with soldiers
Thin attendance observed in offices after Eid break
ISLAMABAD, Sep 15 (APP): Thin attendance was observed in government and private sector organizations on Thursday, the first working day after Eidul Azha holidays as people seemed gossiping on Eid celebrations, sacrificial animals and butchers issues. People greeted Eid to each other, planned barbeque parties, compared rates of sacrificial animals with last year and lack… Continue reading Thin attendance observed in offices after Eid break
Refugees, climate change and Syria likely standouts amid ‘whirlwind’ of UN high-level week: Ban
UNITED NATIONS, Sept 15 (APP): United Nations Secretary-General Ban Ki-moon has said that the global challenges pertaining to refugees and migrants, climate change, and the war in Syria are the major topics that will likely figure prominently in this year’s high-level week at the U.N Headquarters in New York. “This year’s high-level week at the… Continue reading Refugees, climate change and Syria likely standouts amid ‘whirlwind’ of UN high-level week: Ban
AGM traffic to probe Multan Railways accident
MULTAN, Sep 15 (APP): An inquiry committee headed by Additional General Manager (AGM) traffic was constituted, to probe into accident, occurred between Awam Express and goods train, near Multan Railways station on Thursday early morning. According to DCO Tahir Marwat, the responsibility cannot be fixed at the moment as it is too early. He said… Continue reading AGM traffic to probe Multan Railways accident
Hillary resumes campaigning after pneumonia as race tightens
NEW YORK, Sept 15 (APP): Hillary Clinton, the Democratic presidential candidate, will focus on her “aspirational vision” for supporting children and families as she returns to the campaign trail on Thursday, as the campaign tries to draw distinctions with her Republican rival Donald Trump amid tightening poll numbers. In the final stretch before the Nov.… Continue reading Hillary resumes campaigning after pneumonia as race tightens
Pakistan’s Liquid Foreign Reserves Position
KARACHI, Sept 15 (APP): The total liquid foreign reserves held by the country stood at US$ 22,858.4 million on September 9, 2016. This was stated in an announcement of the State Bank of Pakistan (SBP) here on Thursday. It said that the break up of the foreign reserves position is as under: i) Foreign reserves held… Continue reading Pakistan’s Liquid Foreign Reserves Position
Pakistan, OECD sign Multilateral Convention on Mutual Administrative Assistance in Tax Matters
PARIS, Sept 14 (APP): Pakistan on Wednesday became a signatory to the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Finance Minister, Senator Mohammad Ishaq Dar and Secretary General of the Organization for Economic Cooperation and Development (OECD), Angel Gurria signed the convention in a dignified ceremony in Paris. OECD invitation to Pakistan… Continue reading Pakistan, OECD sign Multilateral Convention on Mutual Administrative Assistance in Tax Matters
Over 1000 MWs power projects ready for inauguration by PM
ISLAMABAD, Sept 14 (APP): Prime Minister Muhammad Nawaz Sharif has been informed by the Ministry of Water and Power that nine power projects of over 1000 MWs, including 330 MWs (Wind) and 680 MWs (Nuclear), are ready for inauguration. The Prime Minister has also been informed that two programmes Mobile Meter Reading under the Faisalabad Electricity Supply Company… Continue reading Over 1000 MWs power projects ready for inauguration by PM
Pakistan concerned over passage of US law allowing litigants relief against foreign entities
ISLAMABAD, Sep 14 (APP): Pakistan on Wednesday said that the promulgation of national laws with extra-territorial application sets a dangerous precedent that is likely to further complicate an already complex global environment. Pakistan has been closely following developments leading to the passage of a law by the US Congress, which allows civil litigants relief against… Continue reading Pakistan concerned over passage of US law allowing litigants relief against foreign entities
Dar meets leading French car manufacturers in Paris
ISLAMABAD, Sept 14 (APP): Senator Mohammad Ishaq Dar, Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization held meetings with two leading French automobile manufacturers, Renault and Peugeot, in Paris on Wednesday. He briefed them about the recently announced automobile policy of the Government of Pakistan which has given attractive incentive and concessions for foreign… Continue reading Dar meets leading French car manufacturers in Paris
Pakistan rejects Indian claims of restraint in IOK at UNHRC
GENEVA, Sept 14 (APP): Pakistan on Wednesday welcomed remarks by the UN High Commissioner for Human Rights regarding the use of excessive force by Indian authorities against the civilian population in the Indian Occupied Kashmir (IOK). Responding to the statement made by the UN High Commissioner on Human Rights, Permanent Representative of Pakistan to the United… Continue reading Pakistan rejects Indian claims of restraint in IOK at UNHRC
Pakistan becomes signatory to OECD Convention in tax matters
ISLAMABAD, Sept 14 (APP): Pakistan on Wednesday became a signatory to the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Minister for Finance, Revenue and Economic Affairs Senator Mohammad Ishaq Dar signed the Convention along with Angel Gurria, Secretary General of the Organization for Economic Cooperation and Development (OECD), at a dignified ceremony in Paris, a message… Continue reading Pakistan becomes signatory to OECD Convention in tax matters
Sardar Yousaf lauds Saudi govt for making best Hajj arrangements
ISLAMABAD, Sep 14 (APP): Minister for Religious Affairs and Interfaith Harmony Sardar Muhammad Yousaf has said that Pakistan and Saudi Arabia are tied in an unbreakable bond of Islamic brotherhood and honouring guests of Allah from Pakistan will further strengthen these relations. Addressing a banquet hosted in his honour by Saudi dignitaries in Makkah, he lauded… Continue reading Sardar Yousaf lauds Saudi govt for making best Hajj arrangements
Pakistan’s financial fiscal, economic reforms paid dividends: Dar
ISLAMABAD, Sep 14 (APP): Finance Minister Senator Muhammad Ishaq Dar on Wednesday said Pakistan had introduced tough and deep rooted financial fiscal and economic reforms that have paid dividends. Ishaq Dar stated this while addressing the participants of the forum of the foundation of strategic research on economic turnaround of Pakistan at Paris (France), according… Continue reading Pakistan’s financial fiscal, economic reforms paid dividends: Dar
5.0 magnitude earthquake jolts Swat, adjoining areas
ISLAMABAD, Sep 14 (APP): An earthquake of 5.0 magnitude jolted Swat and adjoining areas on Wednesday afternoon, Met office reported. The epicenter of the earthquake was in Afghanistan Tajikistan border region and depth was 180 km.
Finance Minister asks French investors to invest in Pakistan
PARIS, Sept 14 (APP): Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization Senator Mohammad Ishaq Dar presented a strong case about Pakistan’s economic turnaround during the last three years. He was addressing a large gathering of senior executives of more than sixty leading French companies, who had gathered at a business and investment event,… Continue reading Finance Minister asks French investors to invest in Pakistan