Rupee gains 9 paisa against dollar By: APP on September 6, 2024Pakistani rupee on Thursday appreciated by 9 paisa against the US dollar in the interbank trading and closed at Rs 278.67 against the previous day’s closing of Rs 278.76. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.75 and […]
Gold rates up by Rs2,000 per tola By: APP on September 6, 2024The price of 24 karat per tola gold witnessed an increase of Rs.2,000 and was traded at Rs.262,100 on Thursday against its sale at Rs.260,100 the previous day. The price of 10 gram 24 karat gold also went up by Rs.1,714 and was sold at Rs.224,708 against Rs.222,994 whereas the prices of 10 gram 22 […]
Aurangzeb for optimizing Pakistan-Oman investment, trade flows By: Agencies on September 6, 2024Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with Chairman of the Pak Oman Investment Company Limited (POIC), Juland Jaifer Salim Al-Said on Thursday to discuss ways for expanding business collaborations and enhancing investment and trade flows between the two brotherly countries. The meeting was attended by Chairman of the […]
Govt eyes tax relief on LNG imports By: inp on September 6, 2024The Ministry of Petroleum has begun preliminary efforts to reduce hefty taxes and port charges imposed on imported liquefied natural gas (LNG) in an attempt to make electricity more affordable. Currently, imported LNG, which costs $11 per million British thermal units (mmbtu) internationally, ends up being priced at $15 per mmbtu after taxes and port […]
Govt ‘decides’ to monitor export of edible items By: inp on September 6, 2024The government of Pakistan has decided to monitor the export of edible items, including food and beverages, sources said on Thursday. The Ministry of Commerce has proposed a new strategy to regulate the export of essential food items such as fruits, meat, poultry, sugar, and rice. The move came at a time when the government […]
SCCI seeks easier Pak-US business visas By: APP on September 6, 2024Sarhad Chamber of Commerce and Industry (SCCI) President Fuad Ishaq on Thursday called for simplifying business visa process, exchange of trade delegations and organizing a single country exhibition to enhance Pak-US trade volume. He was speaking to members, traders and manufacturers from the furniture cluster during the visit of Shante Moore, U.S Consul General here […]
8 Pakistani companies showcase innovations in Riyadh By: APP on September 6, 2024Eight leading fintech companies from Pakistan participated in 24 Fintech 2024 exhibition held here and showcased their innovations besides engaging with global industry leaders. Held from September 3-5, the exhibition celebrated the best in fintech and provided key opportunities for companies to expand their reach and enhance their knowledge. A key feature of Pakistan’s participation […]
BoK partners with Yamaha to offer motorcycles By: APP on September 6, 2024Bank of Khyber (BoK) has partnered with Yamaha Motors Pakistan (Pvt.) Ltd to offer its Motorcycles through Shariah compliant Consumer Murabaha Financing, said a press release issued here on Thursday. This initiative, led by the Islamic Banking Group, is designed to provide eligible salaried individuals across Pakistan with convenient, Shariah-compliant financing options. The official agreement […]
PSMA Punjab hails sugar industry deregulation By: APP on September 6, 2024The Pakistan Sugar Mills Association Punjab Zone (PSMA-PZ) has hailed the Punjab government’s move to de-regulate the sugar industry. In a statement issued here on Thursday, a spokesman said that sugar was a private business just like rice, wheat or other commodities and everyone has their own private businesses. The sugar industry appreciates the government?s […]
PTCL Group partners with the Pakistan Hockey team to renew and honor the national legacy on September 5, 2024Islamabad – September 05, 2024: Pakistan’s largest telecommunication and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G) partnered up with the Pakistan Hockey team, as they gear up for the Asian Champions Trophy2024. As the national telecom carrier, PTCL Group is dedicated to celebrating and enhancing the vibrant legacy of Pakistan hockey. This […]