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Karachi: The federal government has increased the price of electricity by 18 paisa per unit. The Power Division has issued a notification to increase the price of electricity, according to which the average electricity tariff has been increased from Rs 13.35 paise to Rs 13.53 paise per unit. The increase in electricity prices was in …
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Karachi: Prices of petroleum products in Pakistan are likely to go up by Rs 4 in the wake of rising crude oil prices in the global market. According to sources, the Oil and Gas Regulatory Authority (OGRA) has begun working on the prices of petroleum products shortly after the rise in crude oil prices. Sources …
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Karachi: The dollar rose on the first day of the trading week on the interbank market. According to the data released by the State Bank of Pakistan, the value of the dollar in the interbank market has increased by 6 paisa. Interbank closing #ExchangeRate for today: https://t.co/McjMBAw7UT pic.twitter.com/SdOJPHvTnS — SBP (@StateBank_Pak) December 28, 2020 According …
Karachi: A directive has been issued to open CNG stations in Karachi from today. According to the details, the schedule of gas shutdown in Karachi has been changed. The instructions have been issued to open CNG stations as per new schedule in Karachi from Monday 28 December. According to Sui Gas Administration, all RLNG and …
Karachi: The All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association’s (PFVA) Delegation discussed the challenges relating to the export of fruits and vegetables in general and orange in particular. PFVA, in the meeting, highlighted challenges posed in Trade with Afghanistan, Indonesia, and Iran. A delegation of Pakistan Fruit and Vegetable Exporters Association led …
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Karachi: The Finance Ministry, Abdul Hafeez Shaikh, says that the rate of inflation has been steadily declining for the last four weeks. According to a statement issued by the Ministry of Finance, a meeting of the National Monitoring Committee chaired by Finance Minister Hafeez Sheikh has taken notice of the increased prices of eggs and edible …
Karachi: Siraj Kassam Teli, former president of the Karachi Chamber of Commerce and Industry (KCCI), died of Cardiac arrest earlier this morning on Tuesday, 8 December, in Dubai. According to the sources, Teli was admitted at a hospital and was on a ventilator for two days. The news of his demise came to many as …
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Karachi: President EFP, Ismail Suttar, has strongly recommended the Hon’ble Advisor to Prime Minister on Commerce & Investment, Abdul Razak Dawood, to look into the near-extinct state of Pakistan’s Stationary sector for extending the closure of schools due to Coronavirus for almost 250 days. The Director EFP and a senior industrialist, Ahsan Ullah Khan, who …
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KARACHI: Careem, the Middle East and Pakistan Mega App, has reported that its restaurant commission fees will be reduced to 5 percent with the second phase of COVID-19 entering Pakistan and the closure of indoor dining. This announcement was made on the social media properties of Careem, urging individuals to request more. The reduction in …
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Pakistan was not even able to collect a single offer for three Liquefied natural gas (LNG) cargoes for the first half of January and drew the high prices for the second half of January, largely due to delayed tenders in the light of rising international prices. The official said that in October, the government had …
Karachi: The Economic Affairs Minister Makhdoom Khusro Bhakhtiar stated that the government of Pakistan is ready to make efforts in improving fiscal management. This will be done by increasing domestic revenues and investing in development initiatives. The Minister was speaking at the event where a $304 m loan has been lent from the World Bank, …
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Karachi: PM Imran khan cut the ribbon on Wednesday to inaugurate a private airline of Pakistan which Sialkot’s business community unveiled. While speaking on the occasion, the Prime minister applauded the airline, saying it is an “excellent initiative”, which will be rewarding for the business community in Sialkot. Khan also mentioned that he had no …
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