KARACHI, Jan 26 (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 161.25 160.75 EURO EUR 195.79 195.18 JAPANESE YEN JPY 1.5547 1.5499 BRITISH POUND GBP 220.38 219.70 SWISS FRANC CHF 181.56 181.00 CANADIAN DOLLAR CAD 126.50 126.11… Continue reading NBP Exchange Rates
Category: Business
Business news from Pakistan
Foreign exchange rates
KARACHI, Jan 26 (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 0.2360 26.01.2021 CONVERSION RATES FOR 26TH JANUARY… Continue reading Foreign exchange rates
Economic indicators, social spendings on upward trajectory
ISLAMABAD, Jan 25 (APP): The Pakistan Tehreek-I-Insaaf (PTI) government has started yielding results in the form of improved economic indicators. which was providing necessary cushion to further strengthen the social safety nets. The government managed to put the economy back on track by introducing financial discipline and taking politically tough and unpopular decisions. “Putting the… Continue reading Economic indicators, social spendings on upward trajectory
Japan to provide Rs 3.078 billion for weather surveillance
ISLAMABAD, Jan 25 (APP): Japan committed to provide Rs 3.078 billion grant assistance for installation of Weather Surveillance Radar system in Sukkur to expend the Jurisdiction meteorological services. Federal Minister for Economic Affairs, Makhdum Khusro Bakhtyar witnessed the signing ceremony of Japanese grant assistance of worth Rs 3.078 billion for installation of Weather Surveillance Radar… Continue reading Japan to provide Rs 3.078 billion for weather surveillance
SECP’s e-Services integrated with Pakistan MNP Database
ISLAMABAD, Jan 25 (APP): To further improve the security of electronic filings and company registration process, the Securities and Exchange Commission of Pakistan (SECP) Monday integrated its e-Services with Pakistan Mobile Number Portability (MNP) Database (Guarantee) Limited to verify cell number of applicants against their CNICs. The verification of cell phone number of directors and… Continue reading SECP’s e-Services integrated with Pakistan MNP Database
Pak-WB discusses government development priorities
ISLAMABAD, Jan 25 (APP): Pakistan and World Bank on Monday discussed the development priorities of the government of Pakistan for next five years and to seek guidance and views of Minister for Economic Affairs. Minister for Economic Affairs, Makhdum Khusro Bakhtyar held a consultative meeting with Country Director World Bank Pakistan, Najy Benhassine in Ministry… Continue reading Pak-WB discusses government development priorities
Federal, provincial governments lauded for ensuring uninterrupted wheat supply
ISLAMABAD, Jan 25 (APP): Federal Minister for Finance & Revenue, Dr. Abdul Hafeez Shaikh here on Monday lauded the coordinated and consolidated efforts of the Federal and Provincial governments for ensuring uninterrupted provision of wheat throughout the country. The minister was chairing the meeting of the National Price Monitoring Committee (NPMC) here, according to press… Continue reading Federal, provincial governments lauded for ensuring uninterrupted wheat supply
ADB calls for far-reaching reforms to build resilient education systems amid COVID-19
ISLAMABAD, Jan 25 (APP): The governments and stakeholders in Asia and the Pacific should initiate far-reaching reforms to strengthen the resilience of education and training systems as they deal with the coronavirus disease (COVID-19) pandemic, according to a new guidance note from the Asian Development Bank (ADB). “With the right resources, strengthened capacity, and deliberate… Continue reading ADB calls for far-reaching reforms to build resilient education systems amid COVID-19
PSX gains 219 points to close at 46,087 points
ISLAMABAD, Jan 25 (APP):The KSE-100 index of the Pakistan Stock Exchange (PSX) Monday turned around and witnessed bearish trend, gaining 219.60 points, with positive change of 0.48 percent, closing at 46,087.64 points against 45,868.04 points on the last working day. A total 470,060,457 shares were traded during the day compared to the trade of 430,628,170… Continue reading PSX gains 219 points to close at 46,087 points
Auditor General of Pakistan recovers Rs 353 billion in six months
ISLAMABAD, Jan 25 (APP): The Office of Auditor General of Pakistan (AGP) has made recoveries of Rs 353.5 billion during first six months (July-December) of current fiscal year. Overall recoveries during the first two and half years from July 2018 to December 2020 the AGP office made were Rs 490.476 billion. According to data released… Continue reading Auditor General of Pakistan recovers Rs 353 billion in six months
Govt focusing on real sector economic growth: Hafeez
ISLAMABAD, Jan 25 (APP): Federal Minister for Finance and Revenue, Dr Abdul Hafeez Shaikh said that the government had been focusing to improve the real sector growth through promotion of agriculture, industrial and services sectors of economy. “The government is focused on bringing improvement in the real sector growth through inclusive growth in agriculture, industrial… Continue reading Govt focusing on real sector economic growth: Hafeez
Sale, production of cars increases 13.42 and 1.93% respectively in 1st half
ISLAMABAD, Jan 25 (APP): The sale and production of cars in the country has witnessed an increase of 13.42 and 1.93 percent respectively during the first half of financial year 2020-21 as compared to corresponding period of last year. During the period under review, as many as 67,026 cars were sold against the sale of… Continue reading Sale, production of cars increases 13.42 and 1.93% respectively in 1st half
NBP Exchange Rates
KARACHI, Jan 25 (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 160.95 160.45 EURO EUR 195.94 195.33 JAPANESE YEN JPY 1.5511 1.5463 BRITISH POUND GBP 220.53 219.85 SWISS FRANC CHF 181.80 181.24 CANADIAN DOLLAR CAD 126.69 126.30… Continue reading NBP Exchange Rates
Foreign exchange rates
KARACHI, Jan 25 (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 0.2345 25.01.2021 CONVERSION RATES FOR 25TH JANUARY… Continue reading Foreign exchange rates
Pharmaceutical exports increase 23.62% in 1st half of FY 2020-21
ISLAMABAD, Jan 24 (APP): The exports of Pharmaceutical products from the country witnessed an increase of 23.62 percent during the first half of ongoing financial year (2020-21) as compared to the exports of corresponding period of last year. The pharmaceutical exports were recorded at US $138.751 million during July-December (2020-21) as against the export of… Continue reading Pharmaceutical exports increase 23.62% in 1st half of FY 2020-21
Italian envoy to provide ease of VISA to local businessmen
ISLAMABAD, Jan 24 (APP): Ambassador of Italy to Pakistan Andreas Ferrarese on Sunday vowed to simplify the process of VISA issuance to Pakistani businessmen and traders to further promote business to business ties between Pakistan and Italy. “Simplification of the VISA process and procedure is the top priority of the Italian embassy in Islamabad” he… Continue reading Italian envoy to provide ease of VISA to local businessmen
Dawood promises to cut duties on raw materials: LCCI
LAHORE, Jan 23 (APP): Advisor to Prime Minister on Commerce & Investment Abdul Razak Dawood has said that Regulatory Duty and Additional Duty on those raw materials will be abolished which are not being produced locally. He was talking to Lahore Chamber of Commerce & Industry (LCCI) President Mian Tariq Misbah, Senior Vice President Nasir… Continue reading Dawood promises to cut duties on raw materials: LCCI
PARC provides over 300 mounds pulses seeds to farmers of Tharparker
ISLAMABAD, Jan 23 (APP): Pakistan Agriculture Research Council (PARC) in collaboration with local non- governmental organisations had distributed about 300 mounds seeds of different pulses to farmers of Tharparkar for promoting agriculture sector of the desert areas. The initiative was aimed at encouraging pulses farming in these areas to address malnutrition and provide livelihood opportunities… Continue reading PARC provides over 300 mounds pulses seeds to farmers of Tharparker
ICT exports to cross $ 2 billion mark in FY- 2020-21:Dawood
ISLAMABAD, Jan 22 (APP):Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Friday expressed the hope that the country’s exports in Information and Communication Technology (ICT) will cross the $ 2 billion mark in the Financial Year (FY) 2020-21. “The ICT exports will soon become a very important sector in Pakistan’s total… Continue reading ICT exports to cross $ 2 billion mark in FY- 2020-21:Dawood
Chairman FPCCI stresses for enhancing Pak-Italy economic trade linkages
ISLAMABAD, Jan 21 (APP): The Chairman Federation Pakistan Chamber of Commerce and industry (FPCCI) Capital Office Haji Qurban Ali stressed the need to enhance the economic and trade linkages between the business community of Italy and Pakistan for increasing the trade between both sides. Local business community want equilibrium and to achieve trade balance as… Continue reading Chairman FPCCI stresses for enhancing Pak-Italy economic trade linkages
- Models, poster and quiz competition held at AIOU
- Pakistan Women’s Cricket Team Captain, Nida Dar and West Indies Cricket Team Captain Hayley Matthews pose with T20I trophy during unveiling ceremony at National Bank Studium
- New Zealand player Tim Robinson plays a shot during the Fourth Twenty20 International Cricket Match between Pakistan and New Zealand at the Qaddafi Cricket Stadium
- Pakistan embassy organizes scholarship award ceremony in Kathmandu
- CRBC tender to be floated by June; CM
