Category: Business

Business news from Pakistan

Govt to provide policy support to industrial sector in upcoming Budget

ISLAMABAD, Apr 04 (APP): Federal Minister for Commerce Jam Kamal Khan on Thursday said that the government will provide economic and trade policy support to the business community and their suggestions will be implemented in the upcoming budget. The government is fully aware of its responsibilities for economic and industrial competitiveness and productivity and in… Continue reading Govt to provide policy support to industrial sector in upcoming Budget

Comprehensive measures in progress to enhance tax net: FBR

PESHAWAR, Apr 04 (APP): Chief Commissioner (Inland Revenue) Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that in consultations with the trading community comprehensive measures have been initiated to enhance the tax net. Addressing an online open court here on Thursday, he said that due to the survey of various markets 65364 new… Continue reading Comprehensive measures in progress to enhance tax net: FBR

Pakistan, Japan sign two projects in weather surveillance, health sectors

Pakistan and Japan on Thursday signed two Japanese grant-in-aid projects in the sectors of weather forecasting and surveillance; mother and child healthcare. The Notes of the projects were signed and exchanged by Secretary of Economic Affairs Division (EAD) Dr Kazim Niaz and Ambassador of Japan to Pakistan WADA Mitsuhiro on behalf of their respective governments… Continue reading Pakistan, Japan sign two projects in weather surveillance, health sectors

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PSX continues with bullish trend, gains 660 more points

ISLAMABAD, Apr 4 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 660.75 points, a positive change of 0.98 percent, closing at 68,416.78 points against 67,756.04 points the previous trading day. A total of 388,751,782 shares valuing Rs.17.882 billion were traded during the day as compared to 361,823,380 shares… Continue reading PSX continues with bullish trend, gains 660 more points

PSX continues with bullish trend, gains 660 more points

  ISLAMABAD, Apr 4 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 660.75 points, a positive change of 0.98 percent, closing at 68,416.78 points against 67,756.04 points the previous trading day. A total of 388,751,782 shares valuing Rs.17.882 billion were traded during the day as compared to 361,823,380… Continue reading PSX continues with bullish trend, gains 660 more points

KPT shipping movements report

KARACHI, Apr 04 (APP):Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Thursday. SHIPS BERTHED: Ever Ul Ysses               Container Ship SHIPS SAILED: MSC Melatilde Torm Evolve Wide Alpha MSC Heidi Avigator Xing Hai He EXPECTED SAILING:     … Continue reading KPT shipping movements report

Rupee sheds 01 paisa against dollar

ISLAMABAD, Apr 4 (APP):Pakistani Rupee on Thursday witnessed a devaluation of 01 paisa against the US dollar in the interbank trading and closed at Rs277.92 against the previous day’s closing of Rs277.91. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at… Continue reading Rupee sheds 01 paisa against dollar

Spices exports increase 21.10% to $78.107 mln in 8 months

ISLAMABAD, Apr 4 (APP):The exports of spices witnessed an increase of 21.10 per cent during the first eight months of the financial year 2023-24, as against the exports of the corresponding months of last year. The spices exports from the country were recorded at US $78.107 million during July-February (2023-24) against the exports of US… Continue reading Spices exports increase 21.10% to $78.107 mln in 8 months

Shipping activity at Port Qasim

KARACHI, Apr 04 (APP):Twoships namely,Chem Gallium and Alba Gascarrying Chemicals and LPG, berthed at Engro Terminal and Sui Southern Gas Terminal respectively on Wednesday.         Meanwhile another gas carrier ‘Lian Song Hu’ also arrived at outer-anchorage of the Port Qasim on today morning.        A total of eight ships were… Continue reading Shipping activity at Port Qasim

Kerb currency market

KARACHI, Apr 04 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Thursday. F.C.                         BUYING        SELLING INTER BANK                   277.90     … Continue reading Kerb currency market

Kerb currency market

KARACHI, Apr 04 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Thursday. F.C. BUYING SELLING INTER BANK 277.90 278.00 USD 277.50 280.25 EURO 299.50 302.50 GBP 349.65 353.10 JPY 1.81 1.90 AED75.40 76.15 SAR73.30 74.03 CAD 203.80 206.80 AUD 180.50 183.50

Currency rates of NBP

KARACHI, Apr 04 (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 281.13 275.07 GBP 355.70 348.02 EUR 304.82 298.79 JPY 1.8535 1.8134 SAR 74.96 73.33 AED 76.55 74.90

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