Govt focuses on agricultural research to increase per hecter yield: Fakhar

ISLAMABAD, Aug 03 (APP): Minister for National Food Security and Research Syed Fakhar Imam here on Tuesday said that the incumbent government was being putting special focus on agricultural research to increase per hecter yield in order to achieve sustainable agriculture development in the country. He stated this while chairing a symposium, which was also… Continue reading Govt focuses on agricultural research to increase per hecter yield: Fakhar

Dawood congratulates REAP for remarkable achievement in exports

ISLAMABAD, Aug 3 (APP): Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood congratulated REAP and all its members for remarkable achievement of crossing USD 2 billion mark in exports. “We are very proud of our rice exporters because spite of all challenges like COVID-19 , global logistic crisis, increasing freight rates etc… Continue reading Dawood congratulates REAP for remarkable achievement in exports

WB reallocates $150 mln for Pakistan to procure vaccine

ISLAMABAD, Aug 3 (APP): The World Bank has reallocated US$ 150 million for Pakistan to procure COVID-19 vaccines, South Asia Regional Vice President (SARVP), World Bank Hartwig Schafer said on Tuesday. Talking to Minster for Finance here at the Finance Division, the Vice President said “the WB is fully committed to providing assistance to the… Continue reading WB reallocates $150 mln for Pakistan to procure vaccine

Imam welcome Korean investment of US$ 700,000 under KOPIA

ISLAMABAD, Aug 3 (APP): Minister for National Food Security and Research Syed Fakhar Imam on Tuesday welcomed Korea’s investment of US$ 700,000 in the development of agriculture sector in Pakistan through Korea Program on International Agriculture (KOPIA) and said that under the initiative technologies will be imported and customized to the local environments. Talking to… Continue reading Imam welcome Korean investment of US$ 700,000 under KOPIA

Pakistan’s exports to Afghanistan increase 10.47% in FY 2020-21

ISLAMABAD, Aug 3 (APP): Pakistan’s exports of goods and services to Afghanistan witnessed an increase of 10.47 percent during the fiscal year (2020-21) as compared to the corresponding period of last year, State Bank of Pakistan (SBP) reported. The overall exports to Afghanistan were recorded at $983.295 million during July-June (2020-21) against exports of $890.052… Continue reading Pakistan’s exports to Afghanistan increase 10.47% in FY 2020-21

NBP Exchange Rates

KARACHI, Aug 03 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 164.35 163.85 EURO EUR 195.45 194.86 JAPANESE YEN JPY 1.5043 1.4997 BRITISH POUND GBP 228.36 227.67 SWISS FRANC CHF 181.48 180.93 CANADIAN DOLLAR CAD 131.34 130.94… Continue reading NBP Exchange Rates

Foreign Currency Account Scheme

KARACHI, Aug 03 (APP): The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Tuesday. FOREIGN CURRENCY ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE DATE AUTHORIZED DEALERS U.S. DOLLARS VALUE 03-08-21 For 3 months and over… Continue reading Foreign Currency Account Scheme

Foreign exchange rates

KARACHI, Aug 03 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. 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 0.1531 03.08.2021 CONVERSION RATES FOR 03RD AUGUST… Continue reading Foreign exchange rates

Asad Umar for expediting pace of work on CPEC projects

ISLAMABAD, Aug 2 (APP):Minister for Planning, Development and Special Initiatives Asad Umar directed on Monday to expedite pace of work on the ongoing projects of China Pakistan Economic Corridor (CPEC). Chairing the second meeting of the Pak-China relations steering committee here, the minister reviewed the ongoing projects under CPEC and discussed the issues faced by… Continue reading Asad Umar for expediting pace of work on CPEC projects

Punjab to participate in Dubai expo: Mian Aslam

LAHORE, Aug 02 (APP): Provincial Minister for Industries and Commerce Mian Aslam Iqbal said on Monday that the Punjab government would participate actively in a trade expo in Dubai. Chairing a meeting here at Punjab Board of Investment and Trade (PBIT), he reviewed the arrangements regarding Pakistan Pavilion at Dubai Expo. Mian Aslam Iqbal said… Continue reading Punjab to participate in Dubai expo: Mian Aslam

PSX gains 397 points to close at 47,453 points

ISLAMABAD, Aug 2 (APP): The KSE100-index of Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 397.96 points, with a positive change of 0.85 percent, closing at 47,453.25 points against 47,055.29 points on the last working day. A total of 252,345,130 shares were traded during the day compared to the trade of 399,093,247 shares… Continue reading PSX gains 397 points to close at 47,453 points

Cement export increases by 3.26%

ISLAMABAD, Aug 2 (APP): The exports of cement witnessed an increase of 3.26 percent during the fiscal year 2020-21, against the exports of the corresponding period of last year. The cement exports were recorded at $267.910 million during July-June (2020-21) against the exports of $259.441 million during July-June (2019-20), according to the Pakistan Bureau of… Continue reading Cement export increases by 3.26%

NBP Exchange Rates

KARACHI, Aug 02 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 162.95 162.45 EURO EUR 193.78 193.19 JAPANESE YEN JPY 1.4858 1.4812 BRITISH POUND GBP 226.49 225.80 SWISS FRANC CHF 179.96 179.40 CANADIAN DOLLAR CAD 130.64 130.24… Continue reading NBP Exchange Rates

Foreign exchange rates

KARACHI, Aug 02 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. 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 0.1539 02.08.2021 CONVERSION RATES FOR 02ND AUGUST… Continue reading Foreign exchange rates

Pak-Italy see new dimensions to enhance trade, economic ties: Jauher Saleem

Jauher Saleem

ISLAMABAD, Aug 01 (APP): Ambassador of Pakistan to Italy, Jauhar Saleem on Sunday said that Pakistani-Italian bilateral relations are looking at new dimensions to enhance mutual cooperation and economic activities in different sectors. Negation between both of the sides on enhancing cooperation in the fields of trade, labour market, tourism, agriculture, energy, investment, innovation and… Continue reading Pak-Italy see new dimensions to enhance trade, economic ties: Jauher Saleem

Pakistan’s air connectivity to regional economies enhances economic integration: Zafar Bakhtawari

Zafar Bakhtawari

ISLAMABAD, Aug 01 (APP): Secretary General United Business Group (UBG) of Pakistan Zafar Bakhtawari on Sunday said that Pakistan’s air links with the outside world, especially with regional countries, are crucial for regional trade and economic integration. Promoting air, land and sea connectivity can make Pakistan a major economic and trade power at the regional… Continue reading Pakistan’s air connectivity to regional economies enhances economic integration: Zafar Bakhtawari

Policy framework of government helped to achieve record output of 06 crops: Fakhar

ISLAMABAD, Jul 31 (APP):Minister for National Food Security and Research Syed Fakhar Imam Saturday said the agriculture development policies of Prime Minister Imran Khan have started to reap fruits as the production of several crops including wheat, rice, sugarcane, potatoes and onion have surpassed all previous records, where as export of mangoes also increase by… Continue reading Policy framework of government helped to achieve record output of 06 crops: Fakhar

Rs649.908 million released for 13 petroleum sector projects

ISLAMABAD, Jul 30 (APP):The government has so far released an amount of Rs649.908 million to execute seven ongoing and six new petroleum-related projects under the Public Sector Development Programme (PSDP 2021-22) aimed at accelerating oil and gas exploration activities and achieving self-sufficiency in the energy sector. According to the official data as of July 16,… Continue reading Rs649.908 million released for 13 petroleum sector projects

Prices of chicken, pulses, other food commodities go down

ISLAMABAD, Jul 30 (APP): Prices of various food items witnessed declining trend during the week ending on July 29 as compared to the previous week, according to the Sensitive Price Indicator (SPI) data released by Pakistan Bureau of Statistics (PBS) Friday. According to the data, the prices of chicken witnessed decrease of Rs 18.35 percent… Continue reading Prices of chicken, pulses, other food commodities go down

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