Category: Business

Business news from Pakistan

SBP Governor highlights potential of data utilization for economic growth

ISLAMABAD, Mar 6 (APP): Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday emphasized that the unprecedented volume of data generated by digital devices underscore the potential of effective data utilization in contributing to sustained economic growth, societal welfare, poverty reduction, and improved living standards across the diverse SAARC region. He said while inaugurated… Continue reading SBP Governor highlights potential of data utilization for economic growth

Jazz , Tech Valley join forces to empower young minds with ‘Digital Safar’ Program

ISLAMABAD, Mar 06 (APP):Jazz, Pakistan’s leading digital operator, has partnered with Tech Valley, a Google for Education partner, to introduce the ‘Digital Safar’ program to schools across Pakistan to equip more than 300,000 students with foundational coding skills and essential internet safety practices, preparing them for the opportunities and challenges of the digital landscape. Leveraging… Continue reading Jazz , Tech Valley join forces to empower young minds with ‘Digital Safar’ Program

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SECP files criminal cases against individuals involved in stock market manipulation

ISLAMABAD, Mar 6 (APP): The Securities and Exchange Commission of Pakistan (SECP) has filed four criminal complaints against individuals involved in manipulating stock prices, including sponsors and brokerage house management. The Court has admitted all four complaints filed by SECP against the accused individuals, said a press release issued here on Wednesday. The accused gained… Continue reading SECP files criminal cases against individuals involved in stock market manipulation

Pakistan, Azerbaijan agree to enhance cooperation in audit institutions, IT audit

ISLAMABAD, Mar 6 (APP): Pakistan and Azerbaijan have reaffirmed their commitment to enhance cooperation in audit institution of the two countries, share audit experiences, cooperate in IT audit and environment audit (parrelel/joint audit) and training of human resources. The affirmation was expressed during a visit of the four-member delegation from the Chamber of Accounts of… Continue reading Pakistan, Azerbaijan agree to enhance cooperation in audit institutions, IT audit

‘FCCI to help local associations for registration of DGTO’

FAISALABAD, Mar 06 (APP):The Faisalabad Chamber of Commerce & Industry (FCCI) will help local trade and industrial associations to get registration from the directorate general of trade organisations (DGTO)and convey their issues to the policy makers. This was said by Senior Vice President Dr Sajjad Arshad while addressing a delegation of the Faisalabad Dyes and Chemical Merchants… Continue reading ‘FCCI to help local associations for registration of DGTO’

Services’ exports earn $4.44 bln in 7 months

ISLAMABAD, Mar 6 (APP):Pakistan earned $4,447.97 million by exporting various services during the first seven months of the current fiscal year (2023-24), Pakistan Bureau of Statistics (PBS) reported. The export of services however, witnessed decline of 2.42 percent when compared to the exports of $4,558.41 million during the same period of last year. The services’… Continue reading Services’ exports earn $4.44 bln in 7 months

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Shipping activity at Port Qasim

KARACHI, Mar 06 (APP):Three ships namely, MSC Aby, Maersk Pittsburgh and Torm Integrity, carrying Containers and Gas oil, berthed at Container Terminal and FOTCO Terminal respectively on Tuesday. Meanwhile two more ships, Huang Shan-16 and Medison Eagle with Palm oil and Coal are also arrived at outer-anchorage of the Port Qasim on same day. A… Continue reading Shipping activity at Port Qasim

Currency rates of NBP

KARACHI, Mar 06 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY              SELLING          BUYING USD                               282.55         … Continue reading Currency rates of NBP

SECP, ministry of education sign MoU to promote financial literacy

ISLAMABAD, Mar 5 (APP): The Securities and Exchange Commission of Pakistan (SECP), on Tuesday signed a Memorandum of Understanding (MoU) with the Ministry of Federal Education and Professional Training to promote financial literacy among students at federal educational institutions. The SECP Chairman Akif Saeed and the Special Secretary of Federal Education and Professional Training Mohyuddin… Continue reading SECP, ministry of education sign MoU to promote financial literacy

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Kerb currency market

KARACHI, Mar 05 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Tuesday. F.C. BUYING SELLING INTER BANK 279.00 279.10 USD 279.30 282.10 EURO 301.90 304.90 GBP 353.10 356.60 JPY 1.84 1.94 AED75.95 76.70 SAR74.20 74.95 CAD 204.20 207.20 AUD 179.00 182.00

Shipping activity at Port Qasim

KARACHI, Mar 05 (APP):Three ships namely, MSC Rida, Medi Chiba and Al-Rayyan carrying Containers, Canola seeds and LNG, berthed at Container Terminal, Grain Terminal and Elengy Terminal respectively on Monday. Meanwhile another Containers ship MSC Aby also arrived at outer anchorage of the port on Tuesday morning. A total of eight ships were engaged at… Continue reading Shipping activity at Port Qasim

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