Finance Minister chairs meeting with traders

ISLAMABAD, Dec 23 (APP): Finance Minister, Senator Mohammad Ishaq Dar held a meeting with traders and representatives of the business community at the FBR late Tuesday night.

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ECNEC approves Rs 404 bln for Neelum Jhelum power project

ISLAMABAD, Dec 19 (APP): The Executive Committee of the National Economic Council (ECNEC) approved on Saturday the revised PC-I of Neelum Jhelum hydropower project at a total cost of Rs 404.321 billion. The ECNEC in its meeting chaired by Finance Minister, Senator Mohammad Ishaq Dar here considered and approved proposals in energy, communication and higher… Continue reading ECNEC approves Rs 404 bln for Neelum Jhelum power project

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Italian companies keen for investing in automobile sector

ISLAMABAD, Dec 17 (APP): Trade Commissioner of Italy, Riccardo Monti Thursday evinced particular interest in the automobile sector and said as soon as Pakistan announces its auto policy, leading Italian automobile companies including Fiat would visit Pakistan and seek business opportunities.

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Foreign exchange rates

KARACHI, Dec 16 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin here on Wednesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY.

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NBP Exchange Rates

KARACHI, Dec 16 (APP): Treasury Management Division of the National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates:   

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SBP launches 2nd A2F Report to improve financial inclusion

KARACHI, Dec 15 (APP): Governor, State Bank of Pakistan (SBP), Ashraf Mahmood Wathra launched 2nd Access to Finance (A2F) Survey Report-2015 entitled “State of Financial Access and usage in Pakistan” for encouraging all stakeholders (Banks) to improve financial inclusion, at SBP, here on Tuesday.

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PAC refers case of imported vehicles irregular procurement to NAB

ISLAMABAD, Dec 14 (APP): The Sub-Committee of the Public Accounts Committee on Monday directed the Secretary Planning and Development Division to refer the case of irregular expenditure on procurement of imported vehicles to the National Accountability Bureau for an inquiry within 15 days. The Committee also asked the NAB to inquire the matter and submit… Continue reading PAC refers case of imported vehicles irregular procurement to NAB

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SMEDA to open its regional offices in Gilgit, AJK, FATA

ISLAMABAD, Dec 14 (APP): Small and Medium Enterprise Development Authority  (SMEDA) will open its regional offices in Gilgit Baltistan, Azad Kashmir and Federally Administrative Tribal Areas (FATA) in order to extend its out reach to under served areas of the country.

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NBP Exchange Rates

KARACHI, Dec 14 (APP): Treasury Management Division of the National Bank of Pakistan (NBP) on Monday issued the following exchange rates:  

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Currency rates of NBP

KARACHI, Dec 14 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP) here on Monday.

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NBP Exchange Rates

KARACHI, Dec 11 (APP): Treasury Management Division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates:

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Foreign exchange rates

KARACHI, Dec 11 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin here on Friday.

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Tobacco industry contributes Rs 100 bn annually in country’s revenues; Commerce Committee told

ISLAMABAD, Dec 11 (APP): The Senate Standing Committee on Commerce was informed here on Friday that the tobacco industry of the Pakistan contributed Rs 100 billion annually in term of revenues. Chairman Pakistan Tobacco Board Peshawar, Farid Ullah Khan informed the committee that currently tobacco was being cultivated over the area of 50,373 hectares land… Continue reading Tobacco industry contributes Rs 100 bn annually in country’s revenues; Commerce Committee told

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Provinces asked to keep vigilant eye on prices of daily used items

ISLAMABAD, Dec 11 (APP): Minister for Finance, Mohammad Ishaq Dar has called upon the provincial governments to keep a vigilant eye on increase in the prices of different commodities under the pretext of additional revenue measures that became effective on 1st December, 2015.

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SECP registers 494 companies in November

ISLAMABAD, Dec 11 (APP): The Securities and Exchange Commission of Pakistan (SECP) has registered 494 new companies in November 2015, indicating an increase of 57 percent as compared to same period last year.

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ECC approves Telecom Policy 2015 for benefit of people, economy

ECC approves duty exemption for Lahore Orange Line Metro Train Project

ISLAMABAD, Dec 11 (APP): The Economic Coordination Committee of the Cabinet (ECC) on Friday approved the Telecommunications Policy 2015 aimed at availability of universal, affordable and quality telecommunication services.

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