Gold prices dip by Rs.900 to Rs.283,400 per tola By: APP on October 29, 2024The price of 24 karat per tola gold decreased by Rs.900 and was sold at Rs.283,400 on Monday compared to its sale at Rs.284,300 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.771 to Rs.242,970 from Rs. 243,741 whereas the price of 10 gram 22 karat gold […]
Rupee sheds 4 paisa against dollar By: APP on October 29, 2024The Pakistani rupee on Monday depreciated by 04 paisa against the US dollar in the interbank trading and closed at Rs 277.68 against the previous day’s closing of Rs 277.64. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.25 […]
Pakistani Pavilion at 31st Yangling Agricultural High-Tech Fair attracts visitors By: APP on October 29, 2024As this year’s guest country, Pakistan’s pavilion has captivated countless consumers and visitors at the 31st China Yangling Agricultural Hi-tech Fair. In the sales area, Aqil Muhammad enthusiastically markets his products in fluent Chinese. “After just four hours since opening, I’ve already made many sales. Customers are currently in a waiting phase, but I expect […]
Philips lowers sales outlook on drop in China orders By: APP on October 29, 2024Dutch medical device maker Philips lowered Monday its full year sales target, blaming a drop in demand from Chinese hospitals as it released third quarter results. Markets reacted negatively to the announcement with Philips’s share price dropping by more than 16 percent in morning trading on the Amsterdam stock exchange’s blue-chip AEX index to around […]
Digital divide could hinder economic growth, youth empowerment, experts warn By: APP on October 27, 2024Experts have warned that the digital divide is endangering economic growth and youth empowerment. With millions lacking access to technology, they stress the need for urgent action to bridge this gap; otherwise, we risk leaving an entire generation behind. In Pakistan, where digital technology plays a crucial role in driving economic growth and providing access […]
FBR launches crackdown on retailers and restaurants issuing manual receipts By: inp on October 27, 2024The Federal Board of Revenue (FBR) has initiated a crackdown on retailers and restaurants issuing manual receipts. The FBR has also launched an awareness campaign through social media and its official website, encouraging citizens to report violations via the “Assan Tax” application. To incentivise citizens, the FBR has announced the Inaami Scheme (cash rewards) for […]
High cost of doing business hurts trade, industry the most: BMP By: News Desk on October 27, 2024The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has called for keeping check on government expenditure and high cost of debt servicing to contain budget deficit, as the Pakistan’s federal budget deficit projection has been revised to history’s highest to over Rs4 trillion, highlighting the unending fiscal woes that have pushed the […]
New Gwadar Int’l Airport to attract investment: Report By: Agencies on October 27, 2024China-aided New Gwadar International Airport (NGIA) is set serve as strong transportation link to attract local and international investment, says a report published by Gwadar Pro on Sunday. Equipped with the spirit of inclusive connectivity with state-of-art airway features, NGIA is going to serve a dynamic precursor for spin-off effects on development horizons of Gwadar […]
With 5.2m businesses, SMEs fostering employment, economic growth: PIAF By: News Desk on October 27, 2024The Pakistan Industrial and Traders Associations Front (PIAF) chairman Faheemur Rehman Saigol has said that government needed to highlight the critical role of small & medium enterprises (SMEs) in driving sustainable economic development in Pakistan. With an estimated 5.2 million businesses, the SME sector is a cornerstone of our economy, fostering employment, growth, and export […]
FFP to showcase entire range at Saudi International Halal Expo 2024 By: APP on October 27, 2024Family Food Products, a leading Pakistani company, will showcase its entire range of international standard products at the 3-day Saudi International Halal Expo 2024 commencing from October 28. Prior to departure, Director Exports FFP Saifur Rehman told the media here on Sunday that the upcoming event at the Riyadh International Convention and Exhibition Centre was […]