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
Category: Business
Business news from Pakistan
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
ADB supports Dubai Islamic Bank Pakistan to expand trade finance in country
ISLAMABAD, Jul 30 (APP): The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan. ADB will provide guarantees to help DIBPL expand its trade finance business in Pakistan, said a press statement of the bank received here.… Continue reading ADB supports Dubai Islamic Bank Pakistan to expand trade finance in country
WB approves $100 mln to support increase literacy in Sindh
ISLAMABAD, Jul 30 (APP): The World Bank’s Board of Executive Directors approved $100 million in financing to support Pakistan’s efforts to increase literacy and student retention rates in the Sindh province. The amount has been approved for the Sindh Early Learning Enhancement through Classroom Transformation (SELECT) project that is aimed at helping the provincial government enhance… Continue reading WB approves $100 mln to support increase literacy in Sindh
NBP Exchange Rates
KARACHI, Jul 30 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Friday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 162.40 161.90 EURO EUR 193.26 192.67 JAPANESE YEN JPY 1.4828 1.4782 BRITISH POUND GBP 226.58 225.88 SWISS FRANC CHF 179.07 178.52 CANADIAN DOLLAR CAD 130.45 130.05 AUSTRALIAN… Continue reading NBP Exchange Rates
Foreign Currency Account Scheme
KARACHI, Jul 30 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Friday. 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 30-07-21 For 3 months and over but… Continue reading Foreign Currency Account Scheme
Foreign exchange rates
KARACHI, Jul 30 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Friday. 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 0.1540 30.07.2021 CONVERSION RATES FOR 30TH JULY 2021… Continue reading Foreign exchange rates
Imam stresses need to promote climate smart agriculture, water conservation to overcome challenges
ISLAMABAD, Jul 29 (APP):Federal Minister for National Food Security and Research Syed Fakhar Imam on Thursday stressed the need for promoting climate resilient and water smart agriculture in addition with water conservation to avert climate change challenges in the country. Addressing a seminar, the minister said that Pakistan was one of the least contributors to… Continue reading Imam stresses need to promote climate smart agriculture, water conservation to overcome challenges
AIDEP aims at expansion of auto industry : Tarin
ISLAMABAD, Jul 29 (APP):Minister for Finance and Revenue, Shaukat Tarin Thursday said that Auto Industry Development and Export Policy (AIDEP) was aimed at promotion of auto industry in the country by increasing the production of cars, motorcycles, tractors at affordable rates. While chairing a meeting to review a draft of Auto Industry Development and Export… Continue reading AIDEP aims at expansion of auto industry : Tarin
Pak-Bahrain agrees to promote bilateral economic, trade relations
ISLAMABAD, Jul 29 (APP):Pakistan and Bahrain on Thursday agree to promote bilateral economic and trade relation by working jointly towards economic growth and greater business harmony. The signing of Memorandum of Understanding (MoU) between Board of Investment of Government of Islamic Republic of Pakistan and Economic Development Board, the Kingdom of Bahrain for Cooperation between… Continue reading Pak-Bahrain agrees to promote bilateral economic, trade relations
Weekly privatisation review meeting held
ISLAMABAD, Jul 29 (APP):The weekly review meeting of Privatisation Commission on Thursday was informed that hiring of financial advisors to sale remaining properties has been initiated as the Expression of Interest (EOIs) to that effect had already been published. The meeting was held with Federal Minister for Privatisation Mohammad Mian Soomro in chair. The weekly… Continue reading Weekly privatisation review meeting held
Last date for filing tax-turns is September 30: FBR
PESHAWAR, Jul 29 (APP):Chief Commissioner, Regional Tax Office (RTO) (FBR) Peshawar, Sardar Ali Khawaja Thursday said that this year tax-returns could be filed till September 30 and no extension would be given in that regard. Addressing an online Khuli Kehchri here in Tax House, he said timely depositing of taxes was essential for economic stability… Continue reading Last date for filing tax-turns is September 30: FBR
Pakistan achieves annual trade surplus of $300 million in Italian market: Jauher Saleem
ISLAMABAD, Jul 29 (APP):Ambassador of Pakistan to Italy, Jauhar Saleem on Thursday said that Pakistan had posted trade surplus of $ 300 million with Italy in fiscal year 2020-21, which was 49 percent higher than the previous year of 2019-20. The ambassador informed that Pakistan’s exports to Italy had reached all-time high $ 786 million… Continue reading Pakistan achieves annual trade surplus of $300 million in Italian market: Jauher Saleem
Govt. provides Rs 374.418 mln for Aviation sector projects in July
ISLAMABAD, Jul 29 (APP):The government has so far released an amount of Rs 374.418 million to execute around 17 aviation sector projects under the Public Sector Development Programme (PSDP 2021-22). According to the official data as of July 16, an amount of Rs 374.418 million has been authorized/disbursed against the total allocation of Rs 3,558.20… Continue reading Govt. provides Rs 374.418 mln for Aviation sector projects in July
Currency rates of NBP
KARACHI, Jul 29 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. CURRENCY SELLING BUYING USD 164.02 160.28 GBP 228.48 223.23 EUR 194.45 190.33 JPY 1.4940 1.4599 SAR 43.78 42.69 AED 44.67 43.92
Foreign Currency Account Scheme
KARACHI, Jul 29 (APP):The Foreign Exchange Rates Committee of Financial Market Association of Pakistan issued the following Base Rate, here on Thursday. 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 29-07-21 For 3 months and over but… Continue reading Foreign Currency Account Scheme
Foreign exchange rates
KARACHI, Jul 29 (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 0.1585 29.07.2021 CONVERSION RATES FOR 29TH JULY 2021… Continue reading Foreign exchange rates
Cotton support price to increase production, bring stability in market: Fakhar
ISLAMABAD, Jul 28 (APP):Federal Minister for National Food Security Syed Fakhar Imam Wednesday said the minimum support price of cotton would increase production and bring stability in the market. Chairing the meeting for cotton intervention price, he said the incumbent government was resolutely committed to support the cotton farmers in the country as the cotton… Continue reading Cotton support price to increase production, bring stability in market: Fakhar
KPP to uplift 4.5m under privileged households: Tarin
ISLAMABAD, Jul 28 (APP):Minister for Finance and Revenue Shaukat Tarin on Wednesday said that Kamyab Pakistan Programme (KPP) is targeted to uplift 4.5 million under-privileged households registered with the National Socio-Economic Registry (NSER) of the Ehsaas programme. Chairing a virtual steering committee and Advisory Board of the Kamyab Pakistan Programme (KPP), the meeting was held… Continue reading KPP to uplift 4.5m under privileged households: Tarin
- Gypsy children enjoy swings at Qasimabad.
- Players in action during Kabaddi match playing between Punjab and Sindh teams at Qasimabad Sports Complex
- Chinese company releases world’s highest thermal efficiency diesel engine in Tianjin
- Federal Minister for Kashmir Affairs, Gilgit-Baltistan, and SAFRON, Engineer Amir Muqam addressing a meeting during the visit of commissioner office Afghan refugees Punjab
- A view of massive traffic jam near Zero Point on Expressway in the Federal Capital
