Category: Business

Business news from Pakistan

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

Finance Minister seeks foreign investments in IT, Agriculture, mining, energy sectors

ISLAMABAD, Apr 16 (APP): Federal Minister for Finance and Revenue, Muhammad Aurangzeb urged the influential Pakistani American businessmen and tech entrepreneurs to capitalize on the growing opportunities in Pakistan in key sectors of agriculture, Information Technology (IT), mining and energy. The minister during a meeting with businessmen and tech entrepreneurs, on the sidelines of the… Continue reading Finance Minister seeks foreign investments in IT, Agriculture, mining, energy sectors

Pakistan initiates discussing new multi-billion loan programme with IMF

ISLAMABAD, Apr 16 (APP): Pakistan has initiated discussions with the International Monetary Fund (IMF) over a new multi-billion dollar loan agreement to support its economic reform program, Federal Minister for Finance and Revenue, Muhammad Aurangzeb said. With the final $1.1 billion tranche of Standby Arrangement (SBA) likely to be approved later this month, Pakistan has… Continue reading Pakistan initiates discussing new multi-billion loan programme with IMF

KPT shipping movements report

KARACHI, Apr 16 (APP):Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Tuesday. SHIPS BERTHED: Zhoung Gu JInanContainer Ship M.T.Sargodha Tanker Peace Victoria Tanker Ever EnvoyContainer Ship SHIPS SAILED: M.T.Mardan Kota Layang Northern Practise Cypress Euphoria EXPECTED SAILING:             DATE… Continue reading KPT shipping movements report

KP Govt announces cut of Rs .5 in price of roti

PESHAWAR, Apr 15 (APP):The government of Khyber Pakhtunkhwa has announced a cut of Rs.5 in the price of roti to provide relief to people on Monday. Chief Minister Khyber Pakhtunkhwa, Ali Amin Gandapur has made this announcement after holding consultations with Provincial Minister for Food, Zahir Shah Toru and Secretary Food. According to the notification… Continue reading KP Govt announces cut of Rs .5 in price of roti

12 electricity feeders of FDA City made functional

FAISALABAD, Apr 15 (APP):As many as 12 electricity supply feeders in FDA City have been made functional, including feeder No 8, to facilitate its residents and allottees. During a briefing here on Monday, Chief Engineer Faisalabad Development Authority (FDA) Mehar Ayub Gujjar said that there were 18 electricity supply feeders in Phase-I of FDA City and Engineering… Continue reading 12 electricity feeders of FDA City made functional

PSX witnesses bullish trend, gains 229 more points

ISLAMABAD, Apr 15 (APP): The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 229.86 points, a positive change of 0.33 percent, closing at 70,544.58 points against 70,314.72 points the previous trading day. A total of 555,214,972 shares valuing Rs.21.986 billion were traded during the day as compared to 389,396,548 shares… Continue reading PSX witnesses bullish trend, gains 229 more points

Rupee sheds 29 paisa against dollar

ISLAMABAD, Apr 15 (APP):Pakistani Rupee on Monday depreciated by 29 paisa against the US dollar in the interbank trading and closed at Rs278.22 against the previous day’s closing of Rs277.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278 and… Continue reading Rupee sheds 29 paisa against dollar

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