Spot Rates Of Cotton (Crop 2018-19)
KARACHI, (UrduPoint / Pakistan Point News - 15th May, 2019 ) Association (KCA) on Wednesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 .
FPCCI,UBG welcome tax amnesty scheme
ISLAMABAD, May 15 (APP):Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group (UBG) Wednesday unanimously highly welcomed tax-amnesty scheme announced by the government and termed it a very positive step of the government to bring tax evaders under tax net. FPCCI President Engineer Daroo Khan Achakzai and founder Pak-US Business Council chairman and veteran trade ...
BoI focusing on 4 SEZs completion in six months: Chairman
ISLAMABAD, May 15 (APP):Board of Investment (BoI) Chairman Haroon Sharif Wednesday said the investment board was fully concentrating to complete four Special Economic Zones (SEZS) related to China Pakistan Economic Corridor (CPEC) within six months. These CPEC related SEZs had been established in all four provinces including Rashakai Economic Zone (Khyber Pakhtunkhwa), Dhabeji (Sindh), Allama Iqbal industrial city Faisalabad ...
BoI Focusing On 4 SEZs Completion In Six Months: Chairman
ISLAMABAD, (UrduPoint / Pakistan Point News - 15th May, 2019 ) :Board of Investment (BoI) Chairman Haroon Sharif Wednesday said the investment was fully concentrating to complete four Special Economic Zones (SEZS) related to Economic Corridor ( ) within six months. These related SEZs had been established in four provinces including Rashakai Economic Zone ( ), ...
ICCI Calls For Extending Amnesty Scheme Till December 2019
ISLAMABAD, (UrduPoint / Pakistan Point News - 15th May, 2019 ) :President, of and (ICCI) Moughal on Wednesday said the should extend amnesty scheme at least till so that maximum undisclosed expenditures, sales and assets could be declared that would benefit the economy. The has announced its first amnesty scheme ...
Market Rates Of Bullion In Multan
BULLION (PER 10 GRAM) GOLD TEZABI-24 CT------- 59150.00 GOLD 22 CT-------------- 54080.00 SILVER TEZABI------------ 720.00 SILVER THOBI------------- 658.00
Agreement With IMF To End Uncertainty
KARACHI (UrduPoint / Pakistan Point News / Online - 15th May, 2019) President Businessmen and Intellectuals Forum (PBIF), President Industrial (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the long-delayed with help calm the .After the the local and ...
Govt takes every possible measure to promote business in friendly environment: President Alvi
Talking to a delegation headed by Chairman Pakistan Textile Exporters Association Khurram Mukhtar in Islamabad on Wednesday,?President Alvi said tough economic conditions of the country call for taking difficult decisions, but the Government is committed to improve the economy. Government is also striving to reduce the cost of doing business and has introduced sales tax zero-rating regime for five ...
ICCI calls for extending amnesty scheme till December 2019
ISLAMABAD, May 15 (APP):President, Islamabad Chamber of Commerce and Industry (ICCI) Ahmed Hassan Moughal on Wednesday said the government should extend amnesty scheme at least till December 2019 so that maximum undisclosed expenditures, sales and assets could be declared that would benefit the economy. The government has announced its first amnesty scheme for whitening of undisclosed expenditures, sales ...
Metal Industries Development Centre (MIDC) Rendering Services To Surgical Industry
SIALKOT, (UrduPoint / Pakistan Point News - 15th May, 2019 ) -: Technical and Vocational Training Authority (TEVTA) completed the revamping of Metal Industries Development Centre (MIDC) and setting up Institute of Surgical (IST) at a of Rs.234.351 and 334.384 respectively. Sources in MIDC told APP on Wednesday that the basic concept of establishing ...
US dollar reaches an all-time high of Rs146.25 in open market
"The investors have taken the IMF conditions as negative, especially with regard to free float of the rupee against the dollar and increasing the interest rate," Yawar Uz-Zaman, head of Research at Shajar Capital, a brokerage house in Karachi told AFP. Mohammad Sohail, CEO of Karachi-based brokerage house Topline Securities, said they believe Pakistan's annual foreign payments could be ...
Iran's Oil Production May Fall In May To Record-Low Level Since 1980s- Int'l Energy Agency
MOSCOW (UrduPoint News / Sputnik - 15th May, 2019) The International Energy Agency (IEA) said in its monthly report, released on Wednesday, that 's production could fall in to its record-low level since the 1980s.
Russia Complies With Oil Output Cut Deal By 80% In April - International Energy Agency
MOSCOW (UrduPoint News / Sputnik - 15th May, 2019) complied with the deal on production cuts, signed by the Organization of the Petroleum Exporting Countries and non-cartel producers, by 80 percent in , cutting its production by 185,000 barrels per day to 11.
IEA Reduces Forecast For Global Oil Demand Growth In 2019 To 1.3Mln Bpd - Report
MOSCOW (UrduPoint News / Sputnik - 15th May, 2019) The International Energy Agency (IEA) said in its monthly report, released on Wednesday, that it had reduced its forecast for global demand growth in by 90,000 barrels per day to 1.3 barrels per day.
Hong Kong, Shanghai Stocks Post Big Gains
Hong Kong, (UrduPoint / Pakistan Point News - 15th May, 2019 ) : and ended with healthy gains Wednesday as weak data saw investors bet on fresh stimulus, while they were also buoyed by positive comments regarding the trade row.
Oil Supply Drops As Iran Sanctions Bite: IEA
Paris, (UrduPoint / Pakistan Point News - 15th May, 2019 ) :The 's supply fell last month, the International Energy Agency said Wednesday, amid rising global tensions as US sanctions on tightened and OPEC+ members produced less crude in line with their pact.
Dubai Customs Discusses More Cooperation With Vegetable And Fruit Sector
Dubai (UrduPoint / Pakistan Point News ? 15th May, 2019) Director of Dubai Customs, Ahmed Mahboob Musabih chaired the Consultative Council meeting which was set to discuss means of developing cooperation with the vegetable and fruit sector.
Industrial Weakness Saps German Chemical Makers In Q1
Frankfurt am Main, (UrduPoint / Pakistan Point News - 15th May, 2019 ) :Weaker manufacturing output in and worldwide weighed on chemical firms in the first quarter, the VCI federation said Wednesday, confirming expectations for worsening performance in . German chemical and pharmaceutical makers reported production down 6.0 percent year-on-year and revenues down 3.8 percent between ...
US dollar jumps to Rs146.25 in open market
KARACHI: The rupee continued its declining trend against the dollar in the open market on Wednesday. The US dollar gained Rs2.25 against the rupee and was being traded at Rs146.25, according to the rates published by the Exchange Companies Association of Pakistan on Wednesday. On Tuesday, the rupee closed at Rs144 against the greenback, 0.20 percent weaker from the previous closing of ...
US dollar hits Rs146 in open market, KSE-100 gains 425 points
KARACHI (Dunya News) ? The US dollar gained Rs2 against Pakistani rupee in the open market on Wednesday following strong speculations that the local currency will depreciate further after the signing of a bailout agreement with the International Monetary Fund (IMF).
