ISLAMABAD, Mar 22 (APP):Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan Aamir Ibrahim on Friday held a significant meeting with the Minister of State for IT and Telecommunication, Shaza Fatima Khawaja. During the discussion, Aamir presented a comprehensive overview of the telecom sector’s vital contributions to bolstering Pakistan’s digital… Continue reading Chairman Telecom Operators Association urges policy reforms to ensure industry viability
Category: Business
Business news from Pakistan
Pakistan, SFD sign $107 mln hydropower agreements
ISLAMABAD, Mar 22 (APP): Secretary, Economic Affairs Division, Dr. Kazim Niaz and Chief Executive Officer (CEO), Saudi Fund for Development (SFD) here Friday signed loan agreements US$ 66.00 million for Shounter Hydropower Project (48 MW) and US$ 41.00 million Jagran IV Hydropower Project (22 MW). Minister for Economic Affairs, Ahad Khan Cheema witnessed the signing… Continue reading Pakistan, SFD sign $107 mln hydropower agreements
Islamic development bank delegation strengthens partnerships during visit to Pakistan
ISLAMABAD, March 22 (APP):A delegation from the Islamic Development Bank led by Director, IsDB Regional Hub Türkiye Dr. Walid Abdelwahab, is currently on a three-day visit to Pakistan from March 22 to March 24, 2024. The delegation called on Minister for Economic Affairs Ahad Khan Cheema, to discuss strengthening partnerships and promoting development initiatives, said… Continue reading Islamic development bank delegation strengthens partnerships during visit to Pakistan
Finance minister for enhancing Pak-Germany bilateral trade
ISLAMABAD, Mar 22 (APP): Federal Minister for Finance & Revenue, Muhammad Aurangzeb here on Friday underscored the importance of further strengthening bilateral trade between Pakistan and Germany. During a meeting with Ambassador of Germany to Pakistan, Alfred Grannas, who called on him, the minister underscored the significance of bilateral trade between the two nations, recognizing… Continue reading Finance minister for enhancing Pak-Germany bilateral trade
Pakistan, UK vow to strengthen bilateral relations
ISLAMABAD, Mar 22 (APP): Pakistan and United Kingdom (UK) here on Friday expressed mutual commitment to further strengthen bilateral relations and enhance cooperation between both the countries for mutual benefit. British High Commissioner to Pakistan, Ms. Jane Marriott, called on Minister for Finance & Revenue Muhammad Aurangzeb to discuss matters of bilateral significance and strengthening… Continue reading Pakistan, UK vow to strengthen bilateral relations
US, Mindstorm partner to empower KP youth in digital gaming industry
US, Mindstorm partner to empower KP youth in digital gaming industry
Ethiopian envoy for further strengthening trade ties with Pakistan
ISLAMABAD, Mar 22 (APP):Ambassador of Ethiopia to Pakistan, Jemal Beker Abdula Friday called for further cementing bilateral trade and investment relations between both the countries. He said that his country considers Pakistan as a strategic and reliable partner and that both the countries are determined to enhance their bilateral relation, especially business and trade ties.… Continue reading Ethiopian envoy for further strengthening trade ties with Pakistan
Pakistan eyes $300 mln by selling Panda Bonds to Chinese investors
ISLAMABAD, Mar 22 (APP):Federal Minister for Finance and Revenue, Muhammad Aurangzeb said here on Friday that he was keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year. In an interview with Bloomberg on Friday, the minister said, selling Yuan-denominated debt would allow… Continue reading Pakistan eyes $300 mln by selling Panda Bonds to Chinese investors
Pakistan, China to form WG on 5 new economic corridors under CPEC
Pakistan, China to form WG on 5 new economic corridors under CPEC
Gold rates dip by Rs.4,200 to Rs.228,200 per tola
ISLAMABAD, Mar 22 (APP):The per tola price of 24 karat gold witnessed a decrease of Rs.4,200 and was sold at Rs.228,200 on Friday compared to its sale at Rs.232,400 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.3,600 to Rs.195,645 from Rs.199,245 whereas the price of 10… Continue reading Gold rates dip by Rs.4,200 to Rs.228,200 per tola
Political leaders congratulate Jam Kamal on appointment as Commerce Minister
ISLAMABAD, Mar 22 (APP):A delegation comprising political leaders from different parties including PML-N, NP and MQM-P as well as former parliamentarians and ex-Interior Minister Sindh on Friday visited Jam Kamal Khan and congratulated him on assuming charge of the Minister of Commerce. Former Chief Minister of Balochistan and president of the National Party (NP) Abdul… Continue reading Political leaders congratulate Jam Kamal on appointment as Commerce Minister
PSX stays bearish, loses 265 more points
PSX stays bearish, loses 265 more points
Rupee gains 26 paisa against dollar
Rupee gains 26 paisa against dollar
Pakistan earns $555m by exporting transport services in 7 months
Pakistan earns $555m by exporting transport services in 7 months
Shipping Activity at Port Qasim
KARACHI, Mar 22 (APP):Three ships namely, APL Southampton, Bolan and Patreas, carrying Container, Gas oil and LPG, berthed at Container Terminal, FOTCO Terminal and Engro Terminal respectively on Thursday. A total of eight ships were engaged at PQA berths during the last 24 hours, out of them general cargo carrier ‘Trans Spring’ left the Port… Continue reading Shipping Activity at Port Qasim
Currency rates of NBP
KARACHI, Mar 22 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 281.64 275.57 GBP 356.06 348.34 EUR 305.25 299.20 JPY 1.8583 1.8181 SAR 75.10 73.48 AED 76.70 75.02
NBP Exchange Rates
KARACHI, Mar 22 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Friday the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 278.85 278.35 EURO EUR 302.79 304.24 JAPANESE YEN JPY 1.8399 1.8366 BRITISH POUND GBP 352.54 351.90 SWISS FRANC CHF 310.11 309.55 CANADIAN DOLLAR CAD 205.65 205.28 AUSTRALIAN DOLAR… Continue reading NBP Exchange Rates
Foreign exchange rates
KARACHI, Mar 22 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR MARCH 22, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE March 26, 2024 USD 278.2093 GBP 355.5514 EUR 303.9714 JPY… Continue reading Foreign exchange rates
Edible oil imports
ISLAMABAD, Mar 22 (APP):The imports of edible oil including soyabean and palm into the country during the first 08 months of the current financial year decreased by 48.10 percent and 32.47 percent respectively as compared to the imports of the corresponding period of the last year. During the period from July-February, 2023-24 palm oil imports… Continue reading Edible oil imports
Easypaisa, Unilever’s Knorr join hands to transform digital payments landscape
ISLAMABAD, Mar 21 (APP):Easypaisa, Pakistan’s leading digital financial services platform, and Knorr, Unilever’s biggest food brand, have joined forces to revolutionize the digital payments landscape in the country. The alliance represents a significant milestone in the ongoing efforts to modernize and streamline the value chain for sampling initiatives, marking a significant step forward in leveraging… Continue reading Easypaisa, Unilever’s Knorr join hands to transform digital payments landscape