Category: Business

Business news from Pakistan

Finance Minister appreciates IMF, WB support extended to Pakistan

ISLAMABAD, Apr 16 (APP):Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Tuesday appreciated the support of International Monetary Fund (IMF) and World Bank extended to Pakistan for economic development. Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, attended the G-24, Finance Ministers and Central Bank Governors’ Meeting, said a press release issued here.… Continue reading Finance Minister appreciates IMF, WB support extended to Pakistan

Finance Minister brief IFC on economic reforms in Pakistan

ISLAMABAD, Apr 16 (APP):Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb on Tuesday briefed the International Finance Corporation (IFC) team on the government economic reforms in Pakistan. He briefed on the ongoing reforms in the taxation, energy and privatization sectors, said a press release issued here. Federal Minister for Finance and Revenue, Mr. Muhammad… Continue reading Finance Minister brief IFC on economic reforms in Pakistan

SECP publishes report on Pakistan’s potential for micro and inclusive insurance

ISLAMABAD, Apr 16 (APP):The Securities and Exchange Commission of Pakistan has issued a report titled “Unlocking the Potential of Micro and Inclusive Insurance in Pakistan,” which provides an overview of the current landscape and vast untapped potential market for inclusive insurance. The report’s draft version and synopsis were presented at the International Insure Impact Conference,… Continue reading SECP publishes report on Pakistan’s potential for micro and inclusive insurance

SMEDA holds interactive session with NIM delegation

LAHORE, Apr 16 (APP):Small and Medium Enterprises Development Authority (SMEDA) hosted an interactive session on SMEDA services here Tuesday with a 13-member delegation of the National Institute of Management (NIM) that visited SMEDA head office under 35th Senior Management Course of NIM to be conducted for officers of BS-19 from federal, provincial and other services.… Continue reading SMEDA holds interactive session with NIM delegation

Shipping activity at Port Qasim

KARACHI, Apr 16 (APP):Five ships namely, MSC Vilda-X, MSC Nilgun, Fast, Gall and XT-Brightness scheduled to load/offload Container, Cement, Palm oil and Chemicals, berthed at Container Terminal, Multi-Purpose Terminal, Liquid Terminal and Engro Terminal respectively on Monday. Meanwhile three more ships, MSC United, Ullswater and Perikils are also arrived at outer-anchorage of the Port Qasim… Continue reading Shipping activity at Port Qasim

PSX loses 60 points

ISLAMABAD, Apr 16 (APP):The 100-Index of the Pakistan Stock Exchange (PSX) lost 60.92 points on Tuesday, a slight negative change of 0.09 percent, closing at 70,483.66 points against 70,544.58 points the previous trading day. A total of 548,418,295 shares valuing Rs.21.032 billion were traded during the day as compared to 555,214,972 shares valuing Rs. 21.986… Continue reading PSX loses 60 points

Gold rates up by Rs 2,400 to Rs 249,700 per tola

ISLAMABAD, Apr 16 (APP):The per tola price of 24 karat gold witnessed an increase of Rs 2,400 and was sold at Rs 249,700 on Tuesday as compared to its sale at Rs. 247,300 on the previous day. The price of 10 grams of 24 karat gold increased by Rs2,057 and was sold at Rs 214,077… Continue reading Gold rates up by Rs 2,400 to Rs 249,700 per tola

Rupee sheds 07 paisa against dollar

ISLAMABAD, Apr 16 (APP):Pakistani Rupee on Tuesday depreciated by 07 paisa against the US dollar in the interbank trading and closed at Rs278.29 against the previous day’s closing of Rs278.22. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.5 and… Continue reading Rupee sheds 07 paisa against dollar

SACM pays surprise visit to TVC, checks attendance

PESHAWAR, Apr 16 (APP): Special Assistant to Chief Minister Khyber Pakhtunkhwa on Industries, Commerce and Technical Education, Abdul Karim Tordhir paid a surprise visit to Government Technical and Vocational Centre, Gulbahar on Tuesday. During the visit he checked the register, biometric attendance of staff, went to 13 different departments to review teaching and training programmes.… Continue reading SACM pays surprise visit to TVC, checks attendance

ACT Alliance for action against tax evasion, smuggling

ISLAMABAD, Apr 16 (APP): The ACT Alliance, comprising 17 civil society organizations, on Tuesday urged the authorities concern to take concrete measures against tax evasion and smuggling which were badly impacting the national economy. In this regard, a meeting was convened by the ACT Alliance (Action and Counter Illicit Trade), during which the ACT Alliance’s… Continue reading ACT Alliance for action against tax evasion, smuggling

NPO to organize two-day online workshop on ‘Advance Excel’

ISLAMABAD, Apr 16 (APP):The National Productivity Organization (NPO) is going to organize a two-day online workshop on “Advance Excel” from April 24 to 25. The workshop aimed at providing skills and knowledge which would allow the participants to learn MS Excel tools, techniques and create lookup functions, set Excel working options, enhance charts, protect worksheet… Continue reading NPO to organize two-day online workshop on ‘Advance Excel’

In Washington Aurangzeb highlights Pakistan’s roadmap to address economic challenges

WASHINGTON, Apr 16 (APP): Federal Minister for Finance and Revenue Muhammad Aurangzeb, who is leading a Pakistan delegation in the IMF and World Bank-2024 Spring Meetings in Washington DC, on Tuesday highlighted the country’s roadmap to cope with the confronted challenges and put economy on sustainable growth trajectory. In an interactive session with Atlantic Council’s… Continue reading In Washington Aurangzeb highlights Pakistan’s roadmap to address economic challenges

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