07292016Fri
Last update: Fri, 29 Jul 2016 09am

Business & Economy

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: Three ships Northern Jamboree, Bochem Singapore and Maran Gaztroy carrying containers, phosphoric acid and LNG were allotted berths at Qasim International Container Terminal, Engro Vapk terminal and Engro Elengy Terminal respectively on Wednesday.In the meantime another ships Mehuin with containers also got anchored at outer anchorage of Port Qasim.Berth occupancy was observed at the port at forty percent o Wednesday where a total of six berths were engaged by ships namely Northern Jamboree, CMA CGM Otello, M.V Fast, M.V Tai Progress, Bochem Singapore, Maran Gaztroy and M.T Okyroe to load/offload containers, coal, soya bean seeds, chemicals, LNG and Furnace oil respectively during last 24 hours.Cargo throughput during last 24 hours. stood at 150,090 tonnes, comprising 124,090 tonnes import cargo and 26,011 tonnes export cargo inclusive of containerized cargo carried in 3,249 containers (TEUs)(1,880 imports TUEs & 1,369 TUEs exports) was handled at the port.Two ships, containers ship CMA CGM ...

Pakistan - Business & Economy

Bullion Prices on Wednesday KARACHI: Following were the Bullion Prices in Karachi, Lahore and Multan on Wednesday.KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 44057 Silver Tezabi Rs. 608.57 LAHORE: (per 10 gram)Gold Tezabi 24 CT Rs. 44324.00Gold 22 CT Rs. 40630.00Gold 21 CT Rs. 38784.00Silver Tezabi Rs. 620.00Silver Thobi Rs. 612.00MULTAN: (per 10 gram)Gold Tezabi 24 CT Rs. 43460.00Gold 22 CT Rs. 39740.00Silver Tezabi Rs. 600.00Silver Thobi Rs. 550.00Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

LCCI supports Chairman WAPDA's stance on KBD LAHORE: Lahore Chamber of Commerce & Industry (LCCI), supporting the stance of Chairman Wapda Zafar Mehmood on Kalabagh dam, said that this project should be completed with an aim to control floods and generate electricity.In a joint statement issued on Wednesday, LCCI President Sheikh Muhammad Arshad and Senior Vice President Almas Hyder said that every year floods caused loss in billions of dollars besides affecting thousands of human lives.They said that Kalabagh Dam was the ...

Pakistan - Business & Economy

1st Pak-Bahrain Business Opportunities Conference on Sept 27 ISLAMABAD: First Pak-Bahrain Business Opportunities Conference would be held here on September 27 to focus on investment opportunities in the field of agriculture products, meat, fruits and vegetables, banking, aviation services, jewelry, chemicals, footwear, furniture and textile.The conference will be held in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain.A delegation of Bahrain Government lead by Dr. Shaikha Rana bint Daij Al- Khalifia, Assistant Under Secretary for Arab and Afro-Asian ...

Pakistan - Business & Economy

APTA announces to boycott Indian goods MULTAN: Chairman All Pakistan Traders Association Khawaja Suleman Saddique on Wednesday announced to boycott Indian brands following its rising atrocities in held Kashmir.In a statement, he said Indian government had been involved in genocide of Kasmhiris in their own territory."It is shameful act by the neighbour country which has snatched self-right of Kashmiris through deploying heavy contingents of forces in the paradise valley and it is sorrowful that UNO and the civilized world have kept ...

Pakistan - Business & Economy

Petroleum group import reduces 36.21pc in 11 months ISLAMABAD: Petroleum group import in the country witnessed sharp decrease of 36.21 percent during eleven months of financial year 2015-16 as compared to the same period of last financial year.According the data of Pakistan Bureau of Statictics, country managed to save about US$ 3.867 billion from the national exchequer on the import of petroleum products during the period under review as the prices of the commodity also witnessed sharp decrease in its prices in international ...

Pakistan - Business & Economy

LCCI welcomes Karachi Safe City Project LAHORE: Lahore Chamber of Commerce & Industry Tuesday welcomed the government decision to set up database of the citizens of Karachi under Safe City Project and termed it an important move to restore peace in the largest city of the country.The LCCI President Sheikh Muhammad Arshad, Senior Vice President Almas Hyder and Vice President Nasir Saeed said here that database of Karachiites' to identify locals and non-locals and surveillance cameras will ensure security of Karachi ...