Rs 578.8 bln released for development projects under PSDP
ISLAMABAD, May 26 (APP):The federal government has so far released 86% or Rs 578.8 billion out of total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under PSDP 2018-19, the government released Rs 26.270 billion for the various projects of Pakistan Atomic Energy Commission, whereas ...
Food Imports Dip 9.85% In 10 Months
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) :The country's imports dropped by 9.85% to $4.7 in first 10 months of current fiscal year against the imports of $5.216 recorded during period of the year 2017-18. Similarly, of pulses also fell to $432.54 in the corresponding period of current fiscal ...
Rs 578.8 Bln Released For Development Projects Under PSDP
ISLAMABAD, (UrduPoint / Pakistan Point News - 26th May, 2019 ) :The has so far released 86% or Rs 578.8 out of total allocation of Rs 675 under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under PSDP 2018-19, the released Rs 26.270 for the ...
Death Toll In Carbon Dioxide Leak In Eastern China Rises To 10 People - Local Authorities
BEIJING (UrduPoint News / Sputnik - 26th May, 2019) The number of people who as a of a carbon dioxide leak at a cargo ship in the eastern province of Shandong has climbed to 10, while another 19 people remain in hospitals, local authorities said.
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 May 2019
These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.
Latest Gold Rate For May 26, 2019 In Pakistan
, 26 May 2019 is being sold for Rs 60,785 per 10 grams in Pakistan, and price of Gold is Rs 70,900 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the city at Urdu Point. Below is the table providing latest gold rates for the cities ...
China says U.S. demand on its state-owned enterprises is 'invasion' on economic sovereignty
BEIJING (Reuters) - The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an ?invasion? on its economic sovereignty, Chinese state news agency Xinhua said on Saturday. ?This shows that behind the United States? trade war against China, it is trying to invade China?s economic sovereignty and ...
Ijaz calls on Asad Qaiser
Federal Minister for Interior Brigadier (retd) Ijaz Ahmed Shah Saturday informed National Assembly (NA) Speaker Asad Qaiser that a judicial inquiry has begun into Farishta rape-cum-murder case to ascertain the facts and fix responsibility. The interior minister apprised Asad Qaiser about the details of being investigation conducted into the murder of a 10-year old girl in the federal capital, ...
Knitwear export grows despite textile dull performance Knitted garments post highest export share of $2.39b in 10 months
Staff Reporter Lahore Posting the highest export share, the country?s knitwear apparel textile has shown a significant growth amidst poor performance of whole textile chain and overall declining exports, as knitted garments? export during first 10 months of the financial year from July 2018 to April 2019 has registered an increase of 8.76 percent to $ 2.39 billion against $ ...
Cement export jumps by 42pc in April
Lahore The cement exports continued to grow for the last 10th consecutive month of the current fiscal year, up by 30.89 percent, while in April 2019 its export reported a jump of about 42 percent monthly. According to the latest data of Pakistan Bureau of Statistics (PBS), the export of cement from the country has increased by almost 31 percent ...
BMP panel for expansion of voting sites during FPPCI elections
Karachi Chairman, Businessmen Panel (BMP), FPCCI, Mian Anjum Nisar has suggested commissioning of polling process at Federation?s offices in Islamabad and Lahore too, along with its head office in Karachi during elections scheduled to be held December this year.
Wall Street Weekahead Trade protection doesn’t have to exclude growth stocks
Sin?ad Carew The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don?t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. But he said: ?if I was 5% overweight stocks, I might reduce it to 3 pct and see if I ...
Businessmen seek due diligence from FPCCI on trade, industry
Staff Reporter Lahore Chairman Businessmen Panel, Mian Anjum Nisar said United Business Group (UBG) should improve its performance in FPCCI or head home, only wining the elections through smart tacts doesn?t indicate that you are popular in country?s business community. Talking to the senior members of trade and Industry on Saturday, he said today majority chambers and association are ...
ADB allocates $200m for Sahiwal clean drinking water schemes
Lahore The Asian Development Bank (ADB) has allocated 200 million dollars for launching clean drinking water schemes in Sahiwal city and under the aegis of Punjab Intermediate Cities Improvement Investment Program (PICIIP) work is in the final shape in this regard. In major cities of Punjab to resolve the civic problems being faced by the masses, the provincial government will ...
LCCI for energy diversification from conventional to renewable ones
Almas Hyder said fossil fuels were not renewable and these were becoming too expensive, non-friendly to environment and would eventually dwindle, while renewable energy resources such as solar and wind would never run out. Global successful experience and knowledge of implementing green technologies could be used by Pakistan to develop a sustainable civic and industrial infrastructure and realize rapid ...
Govt focus on indigenous energy sources to cope with circular debt sought
Observer Report Islamabad The office bearers of Islamabad Chamber of Commerce & Industry (ICCI) have said that Pakistan was generating 60 percent electricity from thermal fuels which was the major cause of rising circular debt and called upon the government to focus on indigenous energy sources including hydro, wind and solar to cope with circular debt issue. In a ...
China accuses US officials of misleading public on trade war
Beijing China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world?s two largest economies kept financial markets in a state of unease. Talks to end the trade dispute collapsed earlier this month, with the two sides in a stalemate over U.S. demands that China change its policies to address ...
Boeing at two-week high as approval for 737 MAX to fly seen by late June
Shares of the world?s biggest planemaker have fallen nearly 15% since the fatal crash of an Ethiopian Airlines 737 MAX jet in March, erasing about $40 billion in market value. ?With shares down about 20% from their recent highs ? and the risk-reward skewing more favorably, we are comfortable with our ?overweight? rating and price target of $500.? If the ...
Huawei contributions dev, growth
Staff Reporter Lahore Huawei has made substantial contributions to the development and growth of Android around the world. As one of Android’s key global partners, we have worked closely with their open-source platform to develop an ecosystem that has benefitted both users and the industry. Huawei will continue to provide security updates and after-sales services to all existing Huawei ...
Jewellery exports decrease by 22pc in first 10 months
The Jewellery exports from the country during July-April (2018-19) were recorded at US $ 4.255 million against the exports of US $ 5,488 million during July-April (2017-18), showing decline of 22.47 percent, according to the data of Pakistan Bureau of Statistics (PBS).
