Gold prices increase by Rs.1,600 per tola on June 1, 2023The per tola price of 24 karat gold increased by Rs1,600 and was sold at Rs. 234,400 on Wednesday against its sale at Rs. Rs. 232,800 the previous day. The price of 10 grams of 24 karat gold also increased by Rs 1,372 to Rs. 100,960 from Rs. 199,588, whereas the price of 10 grams […]
Rupee sheds 11 paisas against dollar on June 1, 2023Pakistani rupee witnessed 11 paisas devaluation against the US Dollar (USD) in the interbank trading on Wednesday as it closed at Rs285.46 against the previous day’s closing of Rs2285.35. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 311 and Rs […]
SECP warns citizens of fraudulent financial activities on June 1, 2023The Securities and Exchange Commission of Pakistan (SECP), from time to time, issues public warnings to raise awareness among the general public regarding typologies of potentially fraudulent activities perpetrated by companies or entities/individuals posing as legitimate incorporated persons that come to its attention. The objective is to educate the public, enabling them to recognize and […]
Chinese trade delegation visits FPCCI on June 1, 2023A high powered Chinese trade delegation led by Luan Xiangjie, President of Ruzhou Foreign Trade Enterprises Association visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Office here on Wednesday. They discussed the matters pertaining to various bilateral trade and economic related matters between Pakistan and China with FPCCI President Irfan Iqbal […]
PSX loses 341 points on June 1, 2023The 100-index of the Pakistan Stock Exchange (PSX) shed 341.10 points on Wednesday, a negative change of 0.82 per cent, closing at 41,330.56 points against 41,671.66 points the previous day. A total of 158,102,664 shares were traded during the day as compared to 197,681,397 shares the previous day, whereas the price of shares stood at […]
Pakistan’s transport service exports stand worth $599m in nine months on June 1, 2023Pakistan earned US $599.740 million by providing different transport services in various countries during the nine months of the current fiscal year (2022-23) as compared to the corresponding period of last year. This shows a growth of 2.70 per cent as compared to $583.980 million earned through the provision of services during the corresponding period […]
Pakistan holds potential to earn $300m through PVC exports on June 1, 2023Significant investments to expand and improve the efficiency of domestic PVC production have created an opportunity for Pakistan to earn USD 300 million through the export of surplus volumes and products. Currently, Pakistan’s per capita PVC consumption stands at 1.2 kg versus a global average of 6.1 kg. Growth in our per capita consumption will […]
Seafood exports increase by 16.22% to $406m on June 1, 2023The exports of fish and fish preparations increased by 16.22 percent during the first ten months of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. The country earned $406.090 million from seafood exports during July-April (2022-23) against the exports of US $349.429 million […]
Kazakhstan shows interest in film exchange and dramas with Pakistan on June 1, 2023Kazakhstan Ambassador to Pakistan, Yerzhan Kistafin, said on Tuesday that they were interested in a mutual exchange of films and dramas with Pakistan so that people of both countries could know their cultures closely. Speaking at a news conference at a local hotel, the envoy informed that these could be dubbed in languages of both […]
Bushra Bibi’s arrest not required in 190m pounds case: NAB on June 1, 2023An Accountability Court (AC) on Wednesday declared the interim bail petition of Bushra Bibi, Pakistan Tehreek-e-Insaf Chairman Imran Khan’s wife, as ineffective in 190 million pounds’ investigation initiated by the National Accountability Bureau (NAB). The court, in its written order, said it had been told that neither Bushra Bibi’s arrest warrants had been issued so […]