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BUSINESS
Uzbek Envoy Advocates for Growth in Trade and Tourism Sectors
Islamabad (Newsman): The Ambassador of Uzbekistan to Pakistan, Alisher Tukhtayev, met with Federal Minister for Commerce Jam Kamal Khan to explore avenues for enhancing business opportunities and bilateral relations.
The meeting…
WB Rates Pakistan’s Flood Resilience Project as “Moderately Unsatisfactory”
ISLAMABAD, December 2, 2024: The World Bank's (WB) assessment of Pakistan's Integrated Flood Resilience and Adaptation Project (IFRAP) as "moderately unsatisfactory" suggests that the project has faced significant challenges in its…
Intraday Trading Recommendations: Key Levels and Targets
Karachi (Newsman): The insights on short and long position opportunities regarding gold trading is as follow.
Gold Intraday: 2627.00 in sight
Pivot: 2672.00
Our preference: short positions below 2672.00 with targets at 2627.00 &…
PSX Reaches New Heights with 100,000 Transactions
Karachi (Newsman): The previous week, the Pakistan Stock Exchange (PSX) achieved a historic milestone: It finished at 101,357, up 3.6%, surpassing the 100,000-point mark.
The market experienced a 3,500-point drop and heavy selling…
Pakistan Faces Increase in LPG Prices Again
Islamabad (Newsman): There will be a price hike for Liquefied Petroleum Gas (LPG) in December, according to the Oil and Gas Regulatory Authority (OGRA).
By the latest announcement, the price of LPG per kilogram has increased by Rs 1.32…
Strengthening Trade: Jam Kamal Khan’s Vision for Pakistan and Ethiopia
Bilateral collaboration was the main topic of discussion to guarantee the success of the upcoming Single Country Exhibition in Addis Ababa, set for May 2025.
Turkey Offers Development Insights to Boost Pakistan’s Economy
Islamabad (Newsman): Mr. Erfan Neziroglu, the ambassador of Turkey to Pakistan, called on Abdul Aleem Khan, the Federal Minister for Communications, Privatization, and Board of Investment, and stated that the conditions between us are…
Kot Addu Power Offers 120 MW at 71% Discount for K-Electric
KARACHI, November 29, 2024: Kot Addu Power Company, Pakistan's largest power plant, has submitted a bid to supply 120 MW of electricity for K-Electric's solar project in Karachi at a rate of PKR 9.83 per unit.
This offer, which is 71%…
Carpet Manufacturers Seek Relief from Tariffs in Meeting with Commerce Minister
Islamabad, Thursday, 28th November 2024 – The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) met with Federal Minister for Commerce, Jam Kamal Khan, to request relief from customs tariffs that are adversely impacting the…
CCP approves merger of Millat Equipment Limited with Millat Tractors Limited
ISLAMABAD, November 28: The Competition Commission of Pakistan (CCP) has granted approval for the merger of M/s. Millat Equipment Limited (MEL) with M/s. Millat Tractors Limited (MTL) under a Scheme of Arrangement sanctioned by the Lahore…
