Dar stresses reinvigorating role of PDF, SOEs By: APP on February 5, 2023Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar here on Saturday stressed the need to reinvigorate the role of Pakistan Development Fund Limited (PDFL) and State Owned Enterprises (SOEs). Chairing a meeting on PDFL and SOEs, the minister stressed for considering their business plan, governance structure and financial viability with the concept of […]
Gold prices decrease by Rs.4,000 to Rs. 204,500 per tola By: APP on February 5, 2023The per tola price of 24 karat gold decreased by Rs.4,000 on Saturday and was traded at Rs.204,500 against sale at Rs.208,500 the last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.3,429 to Rs.175,326 against Rs.178,755, whereas that of 10 grams of 22 karat declined to Rs.160,715 from […]
Khunjerab Pass opened for emergency supplies to Pakistan on February 5, 2023The Pak-China border crossing at Khunjerab Pass in Northwest China’s Xinjiang region temporarily opened from January 30 to February 10 to facilitate the crossing of important Pakistani supplies from the Chinese side. At the request of Pakistan and with permission from China’s border management authorities, the Khunjerab Pass temporarily opened for the second time this […]
Azerbaijan wants to sign PTA with Pakistan to boost ties By: APP on February 5, 2023Ambassador of Azerbaijan Khazar Farhadov said on Saturday that Azerbaijan wanted to sign Preferential Trade Agreement (PTA) with Pakistan to boost bilateral economic relations. He said that Azerbaijan has started direct flights from Lahore, Karachi and Islamabad to Azerbaijan and as a result, 50,000 Pakistanis flown to Azerbaijan last year. This has also helped to […]
China a potential market for Pakistani potatoes: experts By: APP on February 5, 2023Pakistan is not only self-sufficient for domestic use of potato and seed development, but also an exporter of this vegetable. China is potentially a big market for Pakistani potatoes, because the price of potatoes in China is higher, especially from January to April every year. During the first four months of the current fiscal year, […]
SLIC premium revenue grew by 64% in 2022 By: APP on February 5, 2023Chairman State Life Insurance Company of Pakistan (SLIC) Shoaib Javed Hussain on Saturday said that the premium revenue of the company increased by 64 percent during the year 2022 and reached to Rs Rs279 billion. Addressing the SLIC annual marketing convention, he said that despite challenges posed by macro-economic and market volatility, SLIC delivered the […]
Global food prices continue to decline for tenth month By: APP on February 5, 2023Global food prices dropped for the tenth consecutive month in January, the Food and Agriculture Organization of the United Nations (FAO), a Rome-based UN agency, has said. Price indices for vegetable oils, dairy, and sugar drove the January decline, the agency said, issuing two new reports on food production expectations. The FAO food price index […]
Chinese companies help reduce Pakistan’s mobile device imports By: Agencies on February 5, 2023Chinese companies occupied the top four spots in the list of top ten phone manufacturers in Pakistan in 2022, as per the latest statistics from the Pakistan Telecommunication Authority (PTA), according to a report published by Gwadar Pro. Chinese companies have assembled/manufactured a major portion of 21.94 million phones locally produced in Pakistan in 2022. […]
Fertilizers shortage irk farmers in Khanewal By: APP on February 5, 2023Farmers staged a demonstration protest against non-availability of fertilizers at Ayub road, here on Saturday. Scores of the farmers blocked the road and the traffic remained stuck up for two hours. The farmers expressed displeasure over the poor performance of agriculture department officials as they failed to ensure the availability of fertilizers. Officers from the […]
Serena Hotels, Margalla Greens host Invitational Golf Tournament 2023 By: News Desk on February 5, 2023Serena Hotels hosted its annual Invitational Golf Tournament in collaboration with Margalla Greens Golf Club, under the Sports Diplomacy Initiative, on the 4th of February 2023. The categories included Diplomatic, Government & Armed Forces, Corporate and Women. The weather was ideal for the golfers who thoroughly enjoyed the game under sunny weather. The event started […]