news
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DHL Logistics Co. Close Operations In Pakistan
KARACHI:DHL , the world leader in logistics , announced on Monday that it would reduce its presence in…
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Gold Price in Pakistan Racks-Up in Lukewarm Demand
COMMODITY: Pakistan Gold Prices Racks-Up amid lukewarm demand as investors are anticipating the central bank’s hawks to tighten…
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Rupee Recovers by 0.03% Against Dollar In New High
KARACHI:In the interbank market on Monday, the rupee rose by 0.03%, or Rs0.09, to a new one-month high…
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As Internationally Oil Price Decline, Govt Likely To Maintain Petrol, Diesel Prices
KARACHI:The government has decided not to raise fuel taxes or lower diesel and gasoline prices for local consumers…
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China To Seal Most LNG Purchase Agreements of Any Country
COMMODITIES(B-Trams):At a time when there is a lot of competition for cargoes, China’s rush to sign new long-term…
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Foreign Investors Offered Tax Relief From Pakistan Govt
BUSINESS:The government has exempted non-resident banking companies from paying taxes on profit earned through investments in debt securities…
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Rise in illicit cigarette sales feared After Increase In taxes
BUSINESS:Pakistan Tobacco Company (PTC) has stated that new taxes on cigarettes will increase smuggling and supply of counterfeit…
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FATF Suspends Russia’s Membership Over Ukraine War
PARIS: Global financial crime watchdog Financial Action Task Force (FATF) suspended Russia’s membership on Friday, saying Moscow’s war…
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Pakistan Weekly Inflation Surges To 41.54% After Revival Of IMF Programme
KARACHI: Pakistan’s weekly inflation remained stubbornly elevated at 2.78% week-on-week and 41.54% year-on-year during the seven-day period that…
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Gold Retreats Once Again in Pakistan, Per Tola Price Declines By Rs1,000
BUSINESS: Today gold rate in Pakistan decline comes on back of constant recovery of Pakistani rupee against…
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Pakistan And US Bolstering Trade Ties By Business Community : Naveed Qamar
WASHINGTON: Minister for Commerce Syed Naveed Qamar said that the private sector and business community had a pivotal role to…
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Builders Decry High Cost of Steel Raw Material
BUSINESS: The current economic crisis, coupled with restrictions on import of steel raw material, has pushed steel rebar…
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Crude Oil Prices Surge High, After Lower Russian Exports.
BEIJING: Crude oil prices gained for a second session on Friday as rising US inventories outweighed the possibility…
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Palm Oil Prices Elevates Today, As Rally in Rival Oils on Bad Weather
JAKARTA: Malaysian palm oil prospects bounced on Wednesday to their most elevated level in seven weeks, following for…
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Crude Oil Prices Slumps To About 76 $ Per Barrel, Traders Are Under Pressure For Federal Reserve Interest Rate Hike
WTI crude oil prices maintained recent declines on Wednesday to trade around $76 per barrel, remaining under pressure…
