Canadian HC, Commerce Minister discuss trade, GPT
ISLAMABAD: Canadian High Commissioner to Pakistan Leslie called on Minister for Commerce Syed Naveed Qamar to strengthen trade ties between two countries. Syed Naveed Qamar appreciated upcoming Canadian General Preferential Tariff (GPT+) programme fo...
SBP-held forex reserves fall $170m, stand at $4.04bn
Karachi: Foreign exchange reserves held by State Bank of Pakistan (SBP) decreased $ 170 million, clocking in at $ 4.04 billion as of April 7, data released showed. Overall number stands at critical level at around month of import cover. Total liquid...
CDC engages industry stakeholders on new e-Voting-related amendments in Companies (Postal Ballot) Regulations, 2018 by SECP
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has made amendments to Companies (Postal Ballot) Regulations, 2018 whereby right to vote through an electronic voting facility must be provided to members of every listed company for al...
LCCI urges govt to address reservations of beverage, confectionery sector
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) urged government to redress financial implications of beverage and confectionery sector. Beverage and confections sector have expressed grave concern over rapidly rising cost of doing business. D...
Business community advised to explore avenues of trade cooperation with Tajikistan
KARACHI: Pakistan Ambassador designated to Tajikistan Muhammad Saeed Sarwar said that Tajikistan holds huge potential for fast moving consumer goods (FMCGs), pharmaceutical products and many other products. “Business community will have to focu...
HCAR, PSMC extend plant shutdowns amid import restrictions
KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) said it is extending plant shutdown plant until April 30 amid restrictions on imports. Automaker has been observing shut down since early March this year. Company announced its decision in notice to...
Rupee gains strength versus dollar
Karachi: Rupee maintained its upward trajectory against dollar, appreciating 0.6 percent in inter-bank market. According to State Bank of Pakistan (SBP), domestic unit settled at 284.91, an increase of Rs 1.71. In key development, an official of Inte...
KSE-100 index closes to 79pts
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index saw mixed session and KSE-100 Index rose in first half before profit-taking eroded most of intra-day gains. By end of session, KSE-100 Index rose 79.49 points or 0.2 percent to close at 40,205.54....
Dar discusses IMF and economy with UK envoy
Islamabad: Finance Minister Ishaq Dar discussed Pakistan’s economic situation and progress made on International Monetary Fund (IMF) programme with Andrew Dagleish, acting British High Commissioner, who called on Dar at Finance Division. As per...
Pakistan receives $1bn financing commitment from UAE
ISLAMABAD: Pakistan reportedly received $ 1 billion financing commitment from United Arab Emirates (UAE). Written guarantee in this regard is too expected in ongoing week after Finance and Revenue Minister Ishaq Dar put special request to UAE officia...
