Gold prices rose in the global and local markets

Karachi: In the international market, the prices of 24 Karat gold per ounce rose by dollars 20 to 18 1862. While in the local market, gold prices rose by Rs 500 and Rs 429 per tola and per 10 grams, respectively, on Friday. Read, Ms Bakhtawar Bhutto to Mrs Mahmood Chaudhry As a result, the price …

Dollars rate spikes in the interbank market

Karachi: US dollar, against Pakistani rupee, increases in the interbank market by 5 paisa on the first day of the business week. According to the data released by the State Bank of Pakistan, the US currency became 5 paise more expensive on Monday. The dollar rose from Rs 160.75 to close at Rs 160.80 Interbank …

Hutchison Ports Pakistan Sets another Record for Handling Maximum TEUs on a Single vessel

Karachi: Hutchison Ports Pakistan is proud to have another record for handling the maximum number of TEU’s on a single vessel, achieving yet another memorable milestone. For the first time in Pakistan, a container terminal has handled 9,334 TEU’s – total units 5419, with a VOR of 149.49 moves per hour, and in a total …

SECP’s eServices integrates with Pakistan MNP Database

ISLAMABAD: To further improve the security of electronic filings and company registration process, the Securities and Exchange Commission of Pakistan (SECP) has integrated its eServices with Pakistan Mobile Number Portability (MNP) Database (Guarantee) Limited to verify the cell number of applicants against their CNICs. The verification of the cell phone number of directors and sponsors …

EFP to hold 8th “Employer of the Year Award 2019-20”

KARACHI: Employers’ Federation of Pakistan (EFP), is holding its well sought and prestigious event “Employer of the Year Award 2019-20” for the 8th year on March 16, 2021, at Karachi. This event provides a platform and an opportunity to recognize companies that have created a stimulating and supportive work environment that fosters employee engagement, resulting …

Pakistan’s favorite cookie Peek Freans Sooper gets a fresh look

Karachi: Peek Freans Sooper, Pakistan’s Best Selling biscuit brand, manufactured by English Biscuits Manufacturers (Private) Ltd, recently launched its new and iconic packaging under the tagline “Seedhi Sadhi Khushi ka Maza”, its first packaging change in 16 years. From the time of its launch, Peek Freans Sooper has been known as the best in its …

Trade Bodies Reject Decision of Government of disconnecting Gas to Industry

Karachi: The industry will face the ever severe situation in the wake of discontinuation of gas supply to captive power generation for general industry from 1st February and the export-oriented sectors from 1st March 2021 leaving a severe impact on the economy and exports of Pakistan. This was stated by Mian Nasser Hyatt Maggo, President …

The international companies desire to invest in Pakistan, President RCCI

Karachi: Khurshid Barlas President of Pakistan Chapter, UK Pakistan Business Council, hosted a brunch at his home to pay homage to the Ambassadors and members of the Economic Journalists Forum. At the event, Federal Minister for Railways Azam Khan Swati was present as a Chief Guest, Group Leader Sohail Altaf, RCCI. Along with President RCCI …

CNG stations in Sindh will remain closed for the sixth day

Karachi: CNG stations in Sindh will remain closed for the sixth day, the stations that were open today have been declared closed for another 24 hours. Read more, Pakistan conducts successful flight test of Shaheen-3 missile The gas crisis in Sindh has intensified. CNG stations in Sindh will remain closed for the sixth day, that is, …

Pakistan’s inability to bid for LNG tender turns into boon

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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