Category: Business

Business news from Pakistan

Kerb currency market

KARACHI, Apr 08 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Monday. F.C. BUYING SELLING INTER BANK 277.75 278.00 USD 277.50 280.25 EURO 299.30 302.25 GBP 349.10 352.40 JPY 1.81 1.91 AED75.40 76.15 SAR73.30 74.03 CAD 202.20 205.20 AUD 180.25 183.25

Currency rates of NBP

KARACHI, Apr 08 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. CURRENCY              SELLING          BUYING USD                               281.13         … Continue reading Currency rates of NBP

EXCHANGE RATES FOR CURRENCY NOTES

KARACHI, Apr 08 (APP):CURRENCY          SELLING BUYING USD 281.13275.07 GBP 355.06 347.39 EUR 304.54  298.51 JPY 1.85241.8124 SAR    74.95   73.33 AED    76.56    74.89 LIBOR LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS LIBOR 1M 5.43600 LIBOR 3M 5.56345 LIBOR 6M 5.66718 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/ 15… Continue reading EXCHANGE RATES FOR CURRENCY NOTES

Foreign exchange rates

KARACHI, Apr 08 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR April 05, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE April 15, 2024      USD      277.8636    … Continue reading Foreign exchange rates

PCMEA demands supports for carpet sector

LAHORE, Apr 07 (APP): The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has forwarded a set of 12-point proposals for upcoming budget 2024-25 to the Ministry of Commerce and Industry, Federal Board of Revenue (FBR) and other authorities concerned. In the budget proposals sent by PCMEA Senior Vice Chairman Usman Ashraf,  the Association termed various… Continue reading PCMEA demands supports for carpet sector

Kyrgyz businessmen want to collaborate with Pakistani counterparts, says Meher Kashif

LAHORE, Apr 07 (APP): Honorary Consul of Kyrgyzstan, Meher Kashif Younis said on Sunday that tremendous positive response from Kyrgyzstan entrepreneurs to Pakistani counterpart underscores the potential for deeper economic ties between the two countries. Sharing the outcome of his recent two-week long visit to Kyrgyzstan with a delegation of exporters and importers led by Chaudhry Faran Shahid… Continue reading Kyrgyz businessmen want to collaborate with Pakistani counterparts, says Meher Kashif

No delay in wheat procurement target decision, clarifies finance ministry

ISLAMABAD, Apr 6 (APP): In response to reports appearing in a section of the press, the Finance Ministry here on Saturday clarified that there had been no delay in the decision-making process regarding wheat procurement targets. “News stories appearing in a section of the press have given the misleading impression that ECC has delayed the… Continue reading No delay in wheat procurement target decision, clarifies finance ministry

Commerce Minister, HanGeng discuss Investment opportunities in Gawadar

Chief Executive Officer (CEO) HanGeng Trade & Yuanhua Industrial, Andy Liao here on Saturday called on Federal Minister for Commerce, Jam Kamal Khan to discuss foreign investment opportunities in Gawadar and ways to expand exports. They explored Gawadar’s potential for economic growth and collaboration between foreign companies and local authorities, according to press statement issued… Continue reading Commerce Minister, HanGeng discuss Investment opportunities in Gawadar

Commerce minister joins NPC ,gala festival

ISLAMABAD, Apr 05 (APP): Federal Minister for Commerce, Jam Kamal Khan on Friday joined the National Press Club Gala Festival, where he engaged with journalists and their families, distributing gifts in a gesture of appreciation for their contributions. Welcomed by National Press Club president, Azhar Jatoi, Secretary Neyyar Ali, and other senior journalists, the minister… Continue reading Commerce minister joins NPC ,gala festival

CCP aims to propose digital competition bill for Pakistani market

ISLAMABAD, Apr 05 (APP): The Competition Commission of Pakistan (CCP) has launched a “Competition Assessment of Digital Markets and Digital Services in Pakistan.” According to CCP press statement issued here, the study aims to understand the impact of digital markets and services on competition, economic growth, and employment opportunities. It will make policy recommendations to… Continue reading CCP aims to propose digital competition bill for Pakistani market

American Business Council proposes steps for documenting economy

ISLAMABAD, Apr 5 (APP): The American Business Council (ABC) of Pakistan has proposed documenting the country’s economy by emphasizing tax reforms and ease of doing business in the upcoming budget 2024-25. Tax income should be on profit and not on turnover and with this it has been suggested to restore the confidence of investors and… Continue reading American Business Council proposes steps for documenting economy

American Business Council proposes steps  for documenting economy

ISLAMABAD, Apr 5 (APP):The American Business Council (ABC) of Pakistan has proposed documenting the country’s economy by emphasizing tax reforms and ease of doing business in the upcoming budget 2024-25. Tax income should be on profit and not on turnover and with this it has been suggested to restore the confidence of investors and broaden… Continue reading American Business Council proposes steps  for documenting economy

Rupee remains unchanged; closed at Rs277.92 against dollar

ISLAMABAD, Apr 5 (APP):Pakistani Rupee on Friday remained static against the US dollar in the interbank trading and closed at Rs277.92 against the previous day’s closing of Rs277.92. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.2 and Rs280.25 respectively.… Continue reading Rupee remains unchanged; closed at Rs277.92 against dollar

Kerb currency market

KARACHI, Apr 05 (APP):Following were the Opening Rates of foreign currencies in Kerb market issued by the Exchange companies Association of Pakistan, here on Friday. F.C.                         BUYING        SELLING INTER BANK             277.80         278.00 USD … Continue reading Kerb currency market

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