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SBP, AMF ink MoU to facilitate cross-border remittances
Karachi: State Bank of Pakistan (SBP) has signed memorandum of understanding with Arab Monetary Fund (AMF), working sub-organisation of Arab League to facilitate cross-border remittances between Arab region and Pakistan. Joint press release from SBP...
KSE-100 makes history, settles at record-high after crossing 53,000 level
Karachi: Pakistan Stock Exchange's benchmark KSE-100 Index powered past 53,000 level, breaching also all-time high of 53,127.24 it hit back in May, 2017 during intra-day trading. By end of session, KSE-100 closed at 53,123.03 after gain of 466.27 poi...
PTCL accords reception to newly elected office bearers of CBA
Islamabad: PTCL held grand reception in honour of office bearers of PTCL Workers Ittehad Federation, Collective Bargaining Agent (CBA) who recently won it through nationwide referendum. Guest of honour Syed Sagheer Bukhari, senior Programme Officer a...
10m employed in cottage industry need to be protected: FPCCI
Karachi: FPCCI emphasised that government policies should protect, emancipate and enable cottage industry as it employs 10 million people in country-bridging massive employment gap left out by other sectors and industries. FPCCI’s Standing Comm...
Pakistan adopts NDC to cut greenhouse gas emission: Finance Minister
ISLAMABAD: Caretaker Minister for Finance, Revenue and Economic Affairs Dr. Shamshad Akhtar highlighted that Pakistan adopted an ambitious Nationally Determined Contributions (NDC) plan to cut greenhouse gas (GHG) emissions by 50 percent. Minis...
PSX closes in green on range-bound buying
Karachi: 100-index of Pakistan Stock Exchange continued with bullish trend, gaining 314.12 points, positive change of 0.60 percent, closing at 52,656.76 points against 52,342.64 points previous day. Total of 475,085,837 shares valuing Rs 14.578 billi...
Caretaker PM to represent Pakistan at ECO Summit in Uzbekistan: FO
Islamabad: Pakistan's caretaker Prime Minister, Anwaar-ul-Haq Kakar, is set to embark on an official visit to Tashkent, Uzbekistan, where he will participate in the Economic Cooperation Organization (ECO) summit, as confirmed by the Foreign Office sp...
New gas tariff to be effective from Nov 1: clarifies PD
Islamabad: Petroleum Division (PD) rejected media reports that suggested higher gas tariff was with effect from July 1, clarifying revised prices would be applicable from November 1, 2023. "It is to be categorically stated that gas price revision is...
OICCI urges collaborative efforts to address climate crisis
Karachi: "Climate change is global issue but in Pakistan's case it is evident that climate change is happening now and not phenomenon that only our future generations will experience," said Amir Paracha OICCI President at 2nd Pakistan Climate Confere...
PSX stays bullish, gains 422 points
Karachi: 100-index of Pakistan Stock Exchange continued with bullish trend, gaining 422.37 points, positive change of 0.81 percent, closing at 52,342.64 points against 51,920.27 points previous day. Total of 526,463,387 shares valuing Rs 16.512 billi...
