Pakistani cotton demand increasing in international markets
He expressed these views during his visit to Multan, Khokhran, Shujabad, Galewal and Lodhran areas in connection with monitoring of ongoing activities of agriculture pest warning and technical guidance to growers to achieve the cotton sowing targets.
Concessionary rate of customs on import of raw materials, components demanded Uniform rate of sales tax @ 5% sought
Staff Reporter Lahore Battery Industry in its budget proposals for 2019-20 has proposed that the benefit of concessionary rate of custom on import of raw materials, components, sub-components of automotive batteries to be extended to all types of storage batteries, manufactured locally. Rationale behind this proposal is that additional duty on input items like raw materials, components, sub-components of the automotive ...
Around 18.68 pc surplus witnessed in trade with Bangladesh
The overall exports to Bangladesh were recorded at $510.812 million during July-February (2018-19) against exports of $448.870 million during July-February (2017-18), showing positive growth of 13.79 percent in first eight month of current fiscal year, according to State Bank of Pakistan (SBP). Meanwhile, the commodities that contributed positively growth in imports included Tobacco and tobacco refuse imports of which ...
China’s top diplomat calls for US restraint on trade, Iran
Shanghai China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo that recent U.S. words and actions had harmed the interests of China and its enterprises, and it should show restraint, China’s foreign ministry said on Saturday. Speaking to Pompeo by telephone, Wang said the United States should not go “too far” in the current trade dispute between the ...
Economic reforms under way, says commerce secretary
Faisalabad Secretary Ministry of Commerce (MoC) Sardar Ahmed Nawaz Sukhera has said that the new economic reforms are being hammered out in order to synchronize national trade, industry and exports with international standards with a focus on enhanced global market access for Pakistani exportable surplus. Addressing a seminar on China Pakistan Free Trade Agreement (CPFTA-ii) in Faisalabad Chamber of Commerce ...
China sets road-map boosting its high-tech industries
Meng Wei, spokeswoman of the commission, said at a media conference that China has made steady progress in cultivating new momentum and promoting the transformation and upgrading of existing industries, thanks to measures to stimulate innovation, optimize the business environment and public services, and to strengthen opening-up and cooperation in the digital sector. According to the commission, output in ...
CDNS collects Rs355 by May 10
Islamabad Central Directorate of National Savings (CDNS) has achieved a net target of Rs355 billion by May10, of the fiscal year 2018-19 as compared to last year’s collection of Rs 126 billion. The total savings held by the CDNS stood at Rs1,691 billion by May 10, while the directorate had Rs747 billion by the same date, a year ago, a senior ...
Infinix brings exceptional discounts this Ramadan
Staff Reporter Lahore A month of high spirits, Ramadan has begun, and Infinix welcomes and celebrates it differently, through offering huge discounts on all its top smartphones. Since everyone loves to grab gifts for their friends and family for the upcoming Eid, this promotion gives them a chance to get what their favorite smartphones at amazing discounted prices. Besides ...
Hyundai Merchant Unveils New Corporate Logo
SEOUL, (UrduPoint / Pakistan Point News - 20th May, 2019 ) : Merchant Marine Co., 's shipping firm, on Monday unveiled its new corporate logo in a bid to strengthen its brand value in the international . Hyundai Merchant's refreshed logo highlights the 's acronym and reflects its vision and growth, according to the shipper.
Dollar reaches Rs151 in open market
KARACHI: The US dollar reached a new record high of Rs151 in the open market on Monday morning, as the rupee continued its downward spiral following an agreement with the International Monetary Fund.
Foreign Exchange Rate Open Market Rate In Pakistan 20 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 20th May, 2019 ) :The Rates Committee of Financial Association of issued the following rates bulletin, here on Monday. LIBOR VALUE 6 MONTHS US 2.5515 20.05.2019 CONVERSION RATES FOR 20TH FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE 22, 2019 USD 147.6693 GBP ...
Bank Foreign Currency Selling/Buying Rate In Pakistan 20 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 20th May, 2019 ):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. U.S.A 149.99/ 146.22 S.ARABIA 39.73/ 38.19 U.K 191.00/ 186.20 JAPAN 1.3609/ 1.3259 EURO 167.30/ 163.10 U.A.E 40.77/ 37.32
Bank Foreign Currency Exchange Rate In Pakistan 20 May 2019
32 DENMARK 22.18 22.10 22.05 SAUDI ARABIA 39.61 39.48 39.38 HONG KONG 18.92 18.86 18.81 CHINA 21.92 21.51 21.45 KUWAIT 488.07 486.43 485.15 MALAYSIA 35.56 35.44 35.34 NEWZEALAND 97.09 96.76 96.51 QATAR 40.79 40.65 40.54 U.A.E 40.37 40.23 40.13 KR WON 0.1245 0.1240 0.1237 THAILAND 4.665 4.650 4.637 CONVERSION FOR FC DEPOSITS, DBC/FCBC, SPECIAL USD BOND US DOLLAR POUND STERLING EUR JAPANESE YEN 140.2599 184.9327 158.6480 1.2725 ...
Foreign Currency Account Exchange Rate In Pakistan 20 May 2019
FOREIGN ACCOUNTS SCHEME BBA BID MAXIMUM RATES R A T E S FOR PAYMENT OF WITH INTEREST BY VALUE AUTHORIZED DEALERS U.S. VALUE 20-05-19 For 3 months and over but less than 6 months 2.2696% PA 3.0196% PA For 6 months and over but less than 12 Months 2.3015% PA 3.0515% PA For 12 months 2.3643% PA 3.2393% PA For 2 Years 2.3643% PA 3.7393% PA For 3 Years 2.3643% PA ...
Bank Foreign Currency Exchange Rate-2-in Pakistan 20 May 2019
KARACHI, (UrduPoint / Pakistan Point News - 20th May, 2019 ) : RATES FOR NOTES SELLING BUYING U.S.A 149.99 146.22 S.ARABIA 39.73 38.19 U.K 191.00 186.20 1.3609 1.3259 167.30 163.10 U.A.E 40.77 37.32 LIBOR FOR CALCULATING INTEREST ON SPECIAL US LIBOR VALUE 6 Mths US 2. USD 0.1000 0.1000 0.0000 BILL ...
Tokyo Stocks Close Up After GDP Beats Expectations 20 May 2019
Tokyo, (UrduPoint / Pakistan Point News - 20th May, 2019 ) : closed higher on Monday, with investors putting trade worries on the back burner after data showed 's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.24 percent, or 51.64 points, to 21,301.73 while the broader Topix index edged up 0.04 percent, or ...
Most Asian Markets Up But Trade Row Rumbles On 20 May 2019
Hong Kong, (UrduPoint / Pakistan Point News - 20th May, 2019 ): Most Asian markets rose Monday after Donald Trump showed signs of conciliation in his trade wars but investors remain on edge over the China-US standoff with some concerns that talks between the two have stalled. Tokyo ended the morning 0.3 percent higher, with traders taking heart from ...
Ryanair Says Annual Profits Plunged On Lower Ticket Prices
London, (UrduPoint / Pakistan Point News - 20th May, 2019 ) : no-frills airline Ryanair Monday reported annual net profits fell 29 percent due to a decline in ticket amid fierce competition in the .
NBP Exchange Rates
Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A 148.50 ...
KSE-100 index falls below 32,400 points amid dull trading
KARACHI (Dunya News) ? The Pakistan Stock Exchange (PSX) benchmark KSE 100-share Index has dropped to a 38-month low below 32,400 points on Monday despite the fact that stocks are available at critically cheap values but buyers are rarely present.
