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Amazon

Pakistan added to Amazon’s sellers list

ISLAMABAD: M/s Amazon - one of the world’s largest e-commerce platforms has officially added Pakistan to its...

Published 22 May, 2021 04:05am

Technology

Pakistan officially added to Amazon’s sellers' list, says Dawood

Amazon has confirmed that it has added Pakistan to its sellers' list, according to a recent tweet by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood.

Published 21 May, 2021 12:05pm

Technology

Pakistan to join Amazon’s approved seller list before June

The spokesperson informed that the government is currently working on its procedures, such as changes in the foreign exchange manual of the State bank of Pakistan (SBP).

Published 20 May, 2021 01:11pm

Markets

Asian markets hit by volatility, oil down on Iran nuclear reports

"It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

Published 19 May, 2021 11:06am

Technology

Amazon to extend ban on police use of face recognition tech

Its ban was followed by Microsoft and IBM, which made similar announcements.

Published 19 May, 2021 10:16am

Business & Finance

Bank of America raises US minimum wage to $25 an hour

NEW YORK: Bank of America announced plans to lift its minimum wage to $25 an hour and said Tuesday it is requiring ...

Published 19 May, 2021 06:00am

World

Brazil deforestation 94% illegal: report

"Bolsonaro made that promise of 'zero deforestation,' but how will we even know if the necessary information isn't available?" Paula Bernasconi, coordinator of the Centro da Vida Institute, told AFP.

Published 18 May, 2021 09:43am

Business & Finance

Less than 3% of U.S. small businesses could face tax hikes under Biden plan -White House`

The proposed increase in the corporate tax rate to 28% would not affect any small business that file taxes as a "passthrough entity" such as a limited liability corporation, said a senior administration official. Nearly all small businesses fall in that category, the official said.

Published 15 May, 2021 10:09am

Amazon wins EU court appeal

LUXEMBOURG: Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc's...

Published 13 May, 2021 03:10am

Business & Finance

Amazon wins court fight against $303mn EU tax order

The Luxembourg-based General Court said Amazon had not enjoyed a selective advantage in its tax deal with the Grand Duchy.
"The Commission did not prove to the requisite legal standard that there was an undue reduction of the tax burden of a European subsidiary of the Amazon group," the judge said.

Published 12 May, 2021 04:47pm

World

EU court to decide on Amazon tax appeal

The French energy giant Engie will also learn the fate of its fight against a similar EU order to repay Luxembourg 120 million euros in taxes.

Updated 12 May, 2021 11:57am

Opinion

Amazing e-Commerce opportunities

Amazon, the e-Commerce giant, has recently added Pakistan to its approved sellers list, making it the 102nd country...

Published 12 May, 2021 04:23am

World

Amazon blocked 10bn suspected counterfeit listings

WASHINGTON: Amazon said Monday it blocked more than 10 billion suspected listings of counterfeit goods on its...

Updated 11 May, 2021 10:16am

Business & Finance

Amazon operation to unleash new vistas for exports: Malik

ISLAMABAD: Pak-US Business Council Sunday hailing the epoch making decision of US e-commerce giant “Amazon” to...

Updated 10 May, 2021 10:18am

Business & Finance

Inclusion of Pakistan in Amazon’s sellers list lauded

KARACHI: Faisal Moiz Khan, President North Karachi Association of Trade and Industry (NKATI), while welcoming the...

Updated 09 May, 2021 10:29am

Amazon platform: Quality assurance, logistics and payment key challenges: Dawood

ISLAMABAD: Prime Minister’s Advisor on Commerce and Investment, Abdul Razak Dawood Friday said that quality...

Published 08 May, 2021 03:30am

Business & Finance

Amazon’s Pakistan addition major breakthrough for local companies, SMEs

The advisor said that the development is a big opportunity for Pakistani companies including the SMEs to use the platform of Amazon to connect with the global market and export their products.

Published 07 May, 2021 02:19pm

Pakistan

PM terms Amazon's decision to add Pakistan to its sellers’ list 'great development'

"Amazon starting operations in Pak will open opportunities for our youth as it will enable a new breed of young men & women entrepreneurs to join the export market," PM tweeted.
This will help local sellers to sell 'Made in Pakistan' products to millions of consumers globally.

Published 07 May, 2021 09:30am

Amazon to add Pakistan to sellers’ list

ISLAMABAD: United States (US) e-commerce giant ‘Amazon’ will add Pakistan to its sellers’ list within a few...

Published 07 May, 2021 04:35am

Technology

Amazon approval a ‘great opportunity’ for Pakistani entrepreneurs: Dawood

“An important milestone of e-Commerce policy achieved has been through teamwork by many people across the globe,” he added.

Published 06 May, 2021 12:16pm

Pakistan

Tech giant Amazon adds Pakistan to approved sellers list

The initiative will help local sellers to sell 'Made in Pakistan' products to millions of consumers globally
Back in 2020, Amazon registered an office in Pakistan under the name Amazon Data Services Pakistan (Pvt) Ltd

Updated 06 May, 2021 11:36am

Markets

Nasdaq plummets

NEW YORK: The Nasdaq ended sharply lower on Tuesday as investors dumped megacap growth stocks to seek shelter in ...

Published 06 May, 2021 03:49am

Business & Finance

Amazon caps blockbuster Big Tech earnings reports

SAN FRANCISCO: A week of blockbuster earnings reports from Big Tech culminated Thursday with Amazon crushing...

Published 03 May, 2021 04:39am

Technology

Blockbuster Big Tech earnings reports to culminate with Amazon

The surging influence of Big Tech has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.

Published 29 Apr, 2021 10:18am

Business & Finance

Microsoft sales grow on cloud strength

NEW YORK: Microsoft Corp on Tuesday met analysts’ quarterly sales expectations and beat profit estimates, but its...

Updated 29 Apr, 2021 10:05am

Technology

US regulator allows SpaceX Starlink satellites at lower altitude

Amazon added that it was appreciative of the FCC's work to "maintain a safe and competitive environment in low earth orbit."

Published 28 Apr, 2021 11:29am

Business & Finance

Amazon and Nestle join public-private plan to save world's forests

LEAF coalition aims to raise an initial $1 bln.
Calls for countries to apply by July.
Payouts linked to emissions between 2022-2026.

Published 22 Apr, 2021 08:09pm

Technology

Amazon Revolutionizes Grocery Shopping with Automated Checkout Technology

Committed to revolutionizing grocery shopping, Amazon is going to introduce automated checkout technology to full-size supermarkets soon.

Updated 22 Apr, 2021 07:51pm

‘NASA rules,’ Musk says as SpaceX wins $2.9bn moon lander contract

WASHINGTON: NASA awarded billionaire entrepreneur Elon Musk's space company SpaceX a $2.9 billion contract to build ...

Published 18 Apr, 2021 03:09am

World

New Zealand awards Amazon extra $116 mln subsidy for 'Lord of the Rings' TV series

New Zealand is hoping to reap multi-year economic and tourism benefits.

Published 16 Apr, 2021 11:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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