Category: 3. Business

The federal government has mandated clearance from the Intelligence Bureau (IB) and Inter-Services Intelligence (ISI) for nominees to the Boards of Directors (BoDs) of State-Owned Entities (SOEs), Business Recorder reported.  The Cabinet Division, in a communication sent to various ministries and divisions, conveyed the Federal Cabinet’s decision from July 10, 2024. Ministries and… Continue Reading…

Pakistani Rupee rate against US Dollar, Euro, Pound, Riyal, and Dirham remains unchanged on December 26, 2024 in the open market. On Thursday, 1 USD is 278 Pakistani Rupees, 1 Euro is 288.35 PKR, 1 British Pound is 347.4 PKR, 1 Saudi Riyal is 73.8 PKR, and 1 UAE Dirham is 75.4 PKR. The following…

With rising demand for Pakistani rice due to its quality and aroma, exports are expected to increase by 10% in the first half of the fiscal year 2024-25, according to commodities experts. In November 2024, Pakistan’s rice exports grew by 17% in quantity and 5.6% in dollar value compared to November 2023. Non-Basmati rice exports…

Date Latest Exchange Rate Change December 26, 2024 Rs. 349.10 0 December 25, 2024 Rs. 349.10 –   The currency code for the British Pound Sterling is GBP, which is the official currency of the United Kingdom. The pound sign (£) is used for the British Pound Sterling, also known as “sterling.” Continue Reading News…

Date Latest Exchange Rate Change December 26, 2024 Rs. 74.13 0 December 25, 2024 Rs. 74.13 The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas. How Much is 500 Saudi Riyal in Rupees Today? As of December 26, the Riyal…

TOKYO: Japan’s government said on Thursday it predicts economic output will recover to full capacity in the next fiscal year for the first time in seven years on an annual basis due to a tight labour market. Japan’s output gap, which measures the difference between an economy’s actual and potential output, is likely to stand…

LAHORE: delegation from the Pakistan Industrial Sewing Machine Importers and Dealers Association (PISMIDA), led by Muhammad Umair Head of International Trade Affairs, visited the Japan Chamber of Commerce and Tokyo Chamber of Commerce to discuss opportunities for collaboration between Japan and Pakistan. The PISMIDA delegation met with Yoichi Tomizawa, the Chief Manager of the International……

Pakistan’s National Logistics Corporation (NLC) and Dubai-based multinational logistics firm, DP World have shipped over 1,000 containers between Pakistan and Bangladesh since launching the first direct shipping route between the two countries in October 2024, APP reported.   This initiative aims to further strengthen trade ties and enhance regional connectivity in South Asia. Container… Continue Reading…

RAWALPINDI: NLC and DP World have shipped more than 1,000 containers between Pakistan and Bangladesh since launching the first direct shipping route between the two countries in October, a strategic initiative that will significantly strengthen trade and regional connectivity in South Asia. Container service between Karachi and Jable Ali will start with the first NLC…

SINGAPORE: Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week with little news or data in the way to alter their direction of travel, while the dollar was perched near a two-year high. As the year-end approaches, trading volumes have begun thinning out and the main focus for…