05052016Thu
Last update: Thu, 05 May 2016 09pm

Business & Economy

Pakistan - Business & Economy

TDAP to hold trade road shows in Moscow, Tehran ISLAMABAD: Trade Development Authority of Pakistan (TDAP) under the supervision of Ministry of Commerce will hold trade road shows in Moscow and Tehran after the month of Ramazan.The TDAP is holding a single-series of such trade shows in the Central Asian countries of Tajikistan, Kyrgyzstan and Kazakhstan in May this year in which Pakistan's products from export sectors will be displayed by the TDAP itself in professionally organized designer-made exhibition pavilions of Pakistan.This was informed in the meeting of the Board of Directors of TDAP held under the chairmanship of Minister for Commerce, Engr. Khurram Dastgir Khan which was attended by the members from public and private sectors.Approval was also granted to submit a master plan to the Board to upgrade the existing facilities of Karachi Expo Center and construction of new exhibition halls following international standards.The new and upgraded facilities will cater to the requirements of all the sectors ...

Pakistan - Business & Economy

Financial expert lauded economic growth, progress in country ISLAMABAD: Financial Expert, Tausif Zaman while acknowledging Moody's Investors Service (MIS) report appreciated Pakistan's B3 rating balances strengthening growth and progress on structural reforms.Talking to PTV News on Thursday, he said that the Moody's conclusions were contained in its just-released Credit Analysis "Government of Pakistan B3 Stable", which looked at the country's credit profile in terms of economic strength.He said that Pakistan was not only a name of an institution but its full fledged vibrant ...

Pakistan - Business & Economy

Market rates of bullion in Lahore LHORE: Following bullion rates were received from markets here on Thursday 2016:BULLION (PER 10 GRAM)=====================GOLD TEZABI-24 CT---- 41181.00GOLD 22 CT-------------38666.00GOLD 21 CT-------------36908.00SILVER TEZABI------------565.00SILVER THOBI-------------550.00Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Three ships C.V Maersk Stepnica, C.V Uasc Al-Khor and M.T Okyroe carrying containers, and Furnace Oil were arranged berthing at Qasim International Container Terminal, and FOTCO Oil Terminal respectively on Wednesday.Meanwhile, an oil tanker Karachi carrying 63,400 tonnes Furnace oil also arrived at outer anchorage of Port Qasim during the same day.Berth occupancy was managed at the port at 40 percent on Wednesday where a total of six ships namely C.V Maersk Stepnica, C.V ...

Pakistan - Business & Economy

Sunflower ready for harvest MULTAN: The oil seed crop, sunflower, is almost ready for harvest after maturing and experts have advised farmers to undertake harvest with proper care as even a minor lapse can cause losses.Sunflower is a sensitive crop that usually gets maturity in 120-130 days, but its maturity duration depends on the variety and weather, says a release issued by media liaison unit of Punjab Agriculture department here Thursday. Experts said that before embarking on harvesting, farmers ...

Pakistan - Business & Economy

Nehal Hashmi appreciates ICIJ clarification over PM's name in Panama Papers KARACHI: Pakistan Muslim League-Nawaz (PML-N) Sindh Secretary General Senator Nehal Hashmi has hailed the removal of Prime Minister Muhammad Nawaz Sharif's name by journalists' consortium, which was behind the release of Panama Papers containing details of offshore companies, from all its news stories. Talking to APP here on Wednesday, the PML-N leader said that the International Consortium of Investigative Journalists (ICIJ) has admitted its mistake and clarified that due to an editing error Prime Minister ...

Pakistan - Business & Economy

ANP welcomes judicial commission on Panama, rejects report on BoK issue PESHAWAR: Awami National Party on Wednesday welcomed the constitution of judicial commission on issue of Panama Leaks and demanded a similar commission to probe Bank of Khyber (BoK) leaks. In a press release issued here ANP General Secretary Sartaj Khan said that the coalition partners in KP government in a bid to protect its own cabinet member are deceiving people in the name of investigation. He termed the investigation report on BoK issue dreadful, maintaining ...