Category: Business

Business news from Pakistan

Over 8.3m cotton bales reach ginneries across Pakistan, 72 pc increase recorded

MULTAN, Mar 03 (APP):Seed cotton (Phutti) equivalent to over 8.3 million or exactly 83,93,090 bales have reached ginning factories across the country till February 29,2024, recording an increase in arrivals by 72.16 per cent compared to corresponding period of the last year 2023. According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA) released… Continue reading Over 8.3m cotton bales reach ginneries across Pakistan, 72 pc increase recorded

UK-Pakistan Inward Trade Mission visits SCCI

SIALKOT, Mar 02 (APP):The UK-Pakistan Inward Trade Mission visited the Sialkot Chamber of Commerce and Industry (SCCI) to engage with the local business community here on Saturday. Upon arrival, the delegates received a warm welcome from Vice President (VP) SCCI Amer Majeed Sheikh, President Women Chamber of Commerce and Industry Sialkot (WCCIS) Dr. Mariam Noman,… Continue reading UK-Pakistan Inward Trade Mission visits SCCI

Gold price increases once again

LAHORE, Mar 02 (APP):On Saturday, the gold market in Pakistan witnessed an increase of Rs3500 per tola, resulting in higher gold prices across the board. The cost of 24-karat gold reached Rs.2 20, 300 per tola. Gold dealers also observed a corresponding increase in the rate of 10 grams of 24-karat gold, with an increase… Continue reading Gold price increases once again

Central Karyana Merchants Association, LCCI discuss rate lists, hoarding, quality control

LAHORE, Mar 02 (APP):A Central Karyana Merchants Association Punjab (CKMA) delegation here Saturday visited the Lahore Chamber of Commerce and Industry (LCCI) to discuss their issues including rate lists, hoarding and quality control. The CKMA delegation led by its President Hafiz Arif Gujjar briefed LCCI President Kashif Anwar about the issues faced by Karyana merchants.… Continue reading Central Karyana Merchants Association, LCCI discuss rate lists, hoarding, quality control

Gold rates up by Rs.3,500 per tola to Rs.220,300

ISLAMABAD, Mar 02 (APP):The per tola price of 24 karat gold increased by Rs.3,500 and was sold at Rs.220,300 on Saturday compared to its sale at Rs.216,800 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.3,001 to Rs.188,872 from Rs.185,871 whereas the prices of 10 gram 22… Continue reading Gold rates up by Rs.3,500 per tola to Rs.220,300

Exports witnesses 30% growth in February

ISLAMABAD, Mar 1 (APP):The exports from the country during the month of February 2024 grew by 30 percent and were recorded at $2.575 billion as against the exports of $1.984 billion in the corresponding month of the last year. According to the Pre-Pakistan Bureau of Statistics (PBS) Customs-based data released by PRAL, the trade balance… Continue reading Exports witnesses 30% growth in February

PSX stay bullish, gains 747 more points

ISLAMABAD, Mar 01 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 747.16 points, a positive change of 1.16 percent, closing at 65,325.69 points against 64,578.52 points the previous trading day. A total of 344,227,410 shares valuing Rs13.385 billion were traded during the day as compared to 424,043,562 shares… Continue reading PSX stay bullish, gains 747 more points

Weekly inflation up by 1.27 pc

ISLAMABAD, Mar 01 (APP):The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed an increase of 1.27 per cent for the combined consumption groups during the week ended on February 29, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the… Continue reading Weekly inflation up by 1.27 pc

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