05012016Sun
Last update: Sun, 01 May 2016 03am

Business & Economy

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 ...

Pakistan - Business & Economy

Govt to launch marketing campaign to increase exports ISLAMABAD: Minister for Commerce, Engineer Khurram Dastgir Khan on Wednesday said the ministry will start branding and marketing campaign to re-launch Pakistan in the export world with the country's new and improved credentials."The textile sector will be invited to provide their input in the campaign which will use the traditional and new media to attract investors and importers to Pakistan", the minister added.Chairing the third meeting of the Federal Textile Board here, the minister said ...

Pakistan - Business & Economy

Meat exports surge by 17pc in 3 quarters ISLAMABAD: The exports of meat and meat preparations increased by 16.76 percent during the first three quarters of the current fiscal year compared to the corresponding period of last year.The exports of meat and meat preparation were recorded at $212.788 million during July-March (2015-16) compared to the exports of 182.248 during July-March (2014-15), according to Pakistan Bureau of Statistics (PBS).However, on year-on-year basis, the meat exports from the country decreased by 4.29 percent in March ...