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Karachi: Last year in December PTI’s government faced backlash over the failure to attract liquefied natural gas (LNG) bids from international companies, but eventually the inability turned into a blessing as Pakistan was able to buy LNG at low rates. Last week, the supply defaults of liquefied natural gas (LNG) by two international state-owned firms, …
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Karachi: Monetary Policy Statement issued by State bank of Pakistan. 1. At its meeting on 22nd January 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in November, the domestic recovery has gained some further traction. Most economic activity data and …
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Karachi: Chief Executive Officer – K-Electric Mr Moonis Alvi, informed that K-Electric’s BQPS-III, 900 MW power plant is under rapid development work. BQPS-III, Gas Turbine and Steam Generator for First Unit of 900 MW Power Plant Arrive at Bin Qasim Power Complex. The Oil & Gas Regulatory Authority (OGRA) has already given approval to Electric to lay …
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Karachi: The rate of 24 karat gold has been increased by Rs. 300, making the gold prices to reach Rs. 112,850 per tola. While the rates of 10 grams of gold have increased by Rs 257. One tola of gold is worth Rs. 112,850 and 10 grams of gold is worth Rs. 96,750. In the …
Karachi: Haleeb Foods (HFL) the pioneer dairy and beverage company of Pakistan has joined hands with Careem, the Super traveling App in Pakistan. Through this partnership, HFL employees will be facilitated with safe and convenient day to day traveling. A signing ceremony was held to mark the occasion at HFL, Head Office in Lahore. Faisal …
Karachi: Today, the price of 24 karat gold has been further reduced by Rs. 500, bringing the price of gold per tola to Rs. 112,400. The price of gold per tola has declined by Rs. 500 while 10 grams of gold has decreased by Rs. 429. Consequently, one tola of gold is worth Rs. 112,400 …
KARACHI: Member Inland Revenue – Operations, Federal Board of Revenue (FBR) Dr. Muhammad Ashfaq Ahmad has said that for the next budget, FBR’s priority is to cut the cost of doing business, get rid of excessive taxation, reduce compliance cost and set businesses free so that they could have minimum interaction with tax authorities and …
Continue reading “FBR’s priority is to cut costs for businesses in the next budget, says Dr. Ashfaq”
Karachi: The Khan-led government, today, is likely to increase the rate of petroleum commodities by Rs 5 to 7 per liter. A report of The Oil & Gas Regulatory Authority (OGRA) has been sent to Prime Minister Imran Khan as he is the ultimate authority to make the decision. Prices of petroleum products are likely …
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Karachi: the prices of Gold fell by Rs 500 to Rs 112,900 per told. The rate of 10 grams of gold fell by Rs 428 to Rs 96,794. Gold rates fell by 16 dollars to 1839 dollars an ounce in the global market.
Karachi: In an exciting development at Pakistan Stock Exchange, a Gong Ceremony was held to mark the listing of preference shares of Engro Polymer & Chemicals Limited (EPCL). The said listing which brings forth a new investment opportunity from EPCL, took place on 31st December, 2020. To open the trading day, the gong was struck …
