A parliamentary panel was informed Thursday that the commercial viability of the Korangi Fisheries Harbour Authority (KFHA) is uncertain and circumstances under which the authority could not achieve its objectives need to be investigated. While examining
The July vaida maintained an upward trend on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The July vaida closed at Rs 1837.80 and it opened with 10 paisa gain at Rs 1837.90 in the early session, they said. Th
On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 9,964 million as compared to PKR 4,878 million reported on Friday, an increase of 104 percent. The number of lots traded also increased by 139 percent to 29.06 million from 20.84 mil
The Economic Coordination Committee (ECC) of the Cabinet has approved a five-year extension in debt repayment period of the government-guaranteed PIAC Sukuk certificates of Rs 6.80 on reaching maturity. Sources said that Finance Minister Ishaq Dar who cha
The Economic Coordination Committee (ECC) of the Cabinet has approved a five-year extension in debt repayment period of the government-guaranteed PIAC Sukuk certificates of Rs 6.80 on reaching maturity. Sources said that Finance Minister Ishaq Dar who cha
The Economic Coordination Committee (ECC) of the Cabinet has approved a five-year extension in debt repayment period of the government-guaranteed PIAC Sukuk certificates of Rs 6.80 on reaching maturity. Sources said that Finance Minister Ishaq Dar who cha
The Economic Coordination Committee (ECC) of the Cabinet has approved a five-year extension in debt repayment period of the government-guaranteed PIAC Sukuk certificates of Rs 6.80 on reaching maturity. Sources said that Finance Minister Ishaq Dar who cha
The Economic Coordination Committee (ECC) of the Cabinet has approved a five-year extension in debt repayment period of the government-guaranteed PIAC Sukuk certificates of Rs 6.80 on reaching maturity. Sources said that Finance Minister Ishaq Dar who cha
Cotton futures saw their biggest one-day rout in three weeks on Tuesday, as a stronger dollar dragged on prices and high prices continued to choke demand. The December cotton contract on ICE Futures US settled down by 0.99 cent, a 1.5 percent loss, to 65.
The country has missed cotton sowing target by about 10 percent and is unlikely to achieve cotton target of 15.49 million bales set for the current season (2015-16), official sources revealed. Sources in the Ministry of Textile Industry told Business R
Pakistan Cotton Ginners Association (PCGA) has strongly condemned the murder of a senior member of PCGA, owner of Al-Qaim Cotton Ginning Factory Uch Sharif Khawaja Sajid Raza and demanded immediate arrest of the killers. Khawaja Sajid Raza was kidnapped o
The Securities and Exchange Commission of Pakistan (SECP) chief has referred to the list of 81 companies quoted on the defaulters' segment of the Karachi Stock Exchange (KSE). During interaction with media on Tuesday, SECP Chairman Zafar Hijazi quoted the
The bear run on Egypt's stock market continued on Wednesday as property developer Emaar Misr slid further in the wake of its listing, while weak oil prices weighed on the Gulf. The Egyptian stock index tumbled 2.6 percent to a 15-month low of 7,551 points
Rice prices were lower on the wholesale grain market on Wednesday in the process of modest trading, dealers said. On the rice sector, Irri-6 Sindh low type lost Rs 50 to Rs 3050 and the best type was down by Rs 125 to Rs 3075, Basmati No 386 Red new low t
Increase in seed cotton arrivals' pushed the rates down on the cotton market on Wednesday, dealers said. The official spot rate was down by Rs 100 Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 2350 and Rs 2400, in Punjab prices were at Rs
Egypt's stock market continued to slide on Tuesday, weighed down by foreign exchange worries, while Gulf bourses fell moderately after oil prices plunged. The Cairo index, which has been in a downtrend for over a month and tumbled 4.2 percent on Monday, s
Grams prices were higher on the wholesale grain market on Tuesday in the process of trading, dealers said. On the grams side, gram Australia No 1 gained Rs 400 to Rs 8400, grams Dall Australia No 2 also picked up Rs 700 to Rs 9000, gram Dall 50x50 rose by
Trading activity improved following the exporters entry into the cotton market on Tuesday dealers said. The official spot rate was down by Rs 50 Rs 4800, dealers said. Seed cotton prices in Sindh were at Rs 2425 and Rs 2450, in Punjab prices were at Rs 23
The July vaida was higher on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1837.50 and it opened with 30 paisa gain at Rs 1837.80 in the early session, they said. The December vaida e
On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,878 million as compared to PKR 1,399 million reported on Friday, an increase of 249 percent. The number of lots traded also increased by 334 percent to 20.47 million from 6.22 milli
Egypt has halted all cotton imports in a bid to assist the production and marketing of the local crop, the agriculture ministry said on Tuesday, signalling a change of course just six months after announcing an end to support for its farmers. "The decisio
Pakistan Cotton Ginners Association (PCGA) urged upon the government to immediately withdraw the imposition of 0.6 percent withholding tax (WHT) on all banking transactions for non-filers, as it would discourage banking transactions, promote non-banking a
Chairman Standing Committee on Horticulture & Agriculture Produce of Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Ahmad Jawad has urged the Prime Minister of Pakistan to intervene and stop the conversion of the National Agricultural Res