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Last update: Sun, 31 Jul 2016 03am

Business & Economy

Pakistan - Business & Economy

Bullion Prices on Monday KARACHI: Following were the Bullion Prices in Karachi, Lahore and Multan on Monday.KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 44142 Silver Tezabi Rs. 608.57 LAHORE: (per 10 gram)Gold Tezabi 24 CT Rs. 43981.00Gold 22 CT Rs. 40316.00Gold 21 CT Rs. 38483.00Silver Tezabi Rs. 620.00Silver Thobi Rs. 612.00MULTAN: (per 10 gram)Gold Tezabi 24 CT Rs. 43200.00Gold 22 CT Rs. 39500.00Silver Tezabi Rs. 574.00Silver Thobi Rs. 525.00Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Lahore: Bullion rates LAHORE: Following bullion rates were received from markets here on Monday:BULLION (PER 10 GRAM)=====================GOLD TEZABI-24 CT---- 43981.00GOLD 22 CT-------------40316.00 GOLD 21 CT-------------38483.00SILVER TEZABI------------620.00SILVER THOBI-------------612.00Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

Shipping activity at Port Qasim KARACHI: M.T Bunga Aster carrying 21.000 tonnes palm oil was allotted berth at Liquid Cargo Terminal on Sunday, 10th.In the meantime five more ships C.V UASC Al-Manama, C.V MSC Lucy, C.V Castro-N, M.T Bahra and M.T Okyroe with containers and Diesel oil and furnace oil also got anchored at outer anchorage of Port Qasim.Berth occupancy was managed at 40% at the Port on Sunday where a total of six berths were engaged by ships C.V ...

Pakistan - Business & Economy

Economic targets 2016-17 achievable LAHORE: Economic targets set by the government for the fiscal year 2016-17 are achievable.In this regard, the government will have to ensure uninterrupted supply of gas and electricity to the industrial sector.This was stated by representative of Ferozpur Road Industrial Association (FRIA) Adnan Khalid Butt while talking to APP here on Saturday.He said that the authorities concerned should take all important steps to keep the industrial wheel on the run.He said that the industry needs ...

Pakistan - Business & Economy

Foundation for achieving growth laid in budget: Dar ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar said here Friday that strong foundation for achieving overall inclusive growth has been laid in the budget 2016 through strong incentives for all sectors of economy including agriculture and industry.Finance Minister while reiterating government's resolve for uplift of agriculture sector said it announced special agricultural package in last fiscal year and keeping up the spirit to help out the farmers community has also announced a number ...

Pakistan - Business & Economy

KPT handles record accumulated import, exports in FY15-16 KARACHI: The Karachi Port Trust (KPT) showed an outstanding performance as its accumulated import and export cargo handling during financial year ending closed at 50.05 million tons whereas in the previous financial year it remained at 43.42 million tons, showing a record 15.25% more cargo handling during 2015-16.The breakup shows that KPT handled 16.59% more to record 34.59 million tons accumulated imports and exports of dry cargo during the ending financial year 2015-16 whereas it ...

Pakistan - Business & Economy

Zero-rating facility for five export sectors welcomed LAHORE: Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Monday hailed the Federal Board of Revenue for notifying zero-rating facility for five major export-oriented sectors including value-added textile sector.Talking to the media here, PRGMEA Chief Coordinator Ijaz Khokhar said that they welcomed the government's initiative of zero-rated sales tax regime to facilitate export-oriented industry, as this step would go a long way in promoting country's exports and put economy back on rails and boost ...