Rice Exporters Association of Pakistan (REAP) has hailed the economic agenda of the new government and asked it to declare the rice sector as an industry. In a statement, Chairman REAP, Chaudhry
Asian markets tumbled and the Turkish lira dived almost eight percent Monday on fears that the economic crisis gripping Turkey could spill over into the global economy. With investors already on edge over
The first session of the week within KSE – 100 opened in the negative zone, attempting to reach higher during the initial few minutes before crashing lower. The index remains range-bound as it
Istanbul, Aug 13: Turkey has vowed to take measures later Monday to calm market fears sparked by the precipitous plunge in the lira's value as its president accused Washington of spearheading an “underhand
Tokyo stocks opened lower while Hong Kong stocks tumbled in the first few minutes of trade Monday as investors are spooked by a rout of the Turkish lira that has fuelled concerns about
Market Data and Economic Indicators Weekly Performance Aug 10, 2018 Aug 03, 2018 PKR InterBank 123.9215 124.05 KSE100 Index 42,842.18 42,505.05 Avg Daily Volume 208,207,334 283,683,942 Gold (Karachi) Rs/10 gm 46,982 47,153
ISLAMABAD, August 11: Securities and Exchange Commission of Pakistan (SECP) has introduced changes to the regulatory regime for real estate investment trusts for promoting investment in real estate through capital market. It may
Pakistan’s exports to China even under 2nd Phase of Pak-China Free Trade Agreement (PCFTA) will not increase until the tariff line offered by China to Pakistan’s competitors Bangladesh, Vietnam and India under ASEAN-China
ISLAMABAD, August 10: The Securities and Exchange Commission of Pakistan (SECP) has notified the draft General Takaful Accounting Regulations, 2018, to elicit public comments from the public thereon through S.R.O. 992(I)/2018. The
During July 2018, home remittances from Dubai took the second place after Saudi Arabia, replacing the United States of America as the second largest contributor to remittances received from abroad. In the month
The Securities and Exchange Commission of Pakistan, through an amendment in the relevant laws, has proposed to raise the claim amount for victims of road accidents. The Commission wants to make necessary amendments
According to the Consul General of Malaysia in Karachi, many Malaysian companies are interested in investing in Pakistan but are afraid of the reportedly poor law and order situation in the country. In
Meezan Bank, Pakistan’s first and largest Islamic bank hosted the Car Ijarah Dealers’ Convention 2018, a 10-day convention that hosted manufacturers and dealerships in Karachi, Multan, Faisalabad, Lahore, Islamabad and Peshawar. Mr. Arshad
Weekly inflation measured by the Sensitivity Price Indicator (SPI) for the week ended August 9th, 2018 registered a 0% increase for the combined income group, this week with the indicator at the same
Asian markets fell on Friday after a broadly positive week as traders await the latest developments in the China-US trade row, while the Turkish lira briefly dived 12 percent to fresh record lows
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