Business News

Pak-China ties to open new avenues of progress: IIAA

  • ISLAMABAD, (APP): Islamabad Industrial Area Association (IIAA) President Faridon Khattak Saturday said friendship between Pakistan and China had transformed into a strategic partnership, which would stood for the development and betterment of humankind. The world would not only marvel at the exemplary ties but would also greatly benefit from them, which would facilitate global peace […]

  • KPT Shipping Movements Report

    KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Friday. SHIPS SAILED: Neptune Pioneer Great White CNSC Chang Zhen 08 CNS Yong Xing Dao As Orelia SHIPS BERTHED: Hammonia Grenada Container Ship Patriot General Cargo M.T.Karachi Tanker EXPECTED SAILING DATE Torm Atlantic […]

  • Spot rates of cotton

    KARACHI, (APP): Karachi Cotton Association (KCA) on Friday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 5,500 135 5,635 Equivalent 40 kgs 5,894 145 6,039

  • Kerb currency market

    KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Friday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.82 104.87 U.S $ (Cash Free Market) 105.40 105.60 SAUDIA RIYAL 28.05 28.25 UAE DIRHAM 28.70 28.90 EURO 117.40 118.40 UK POUND […]

  • KPT shipping intelligence report

    KARACHI, (APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Friday. ALONG SIDE (Bulk Oil Pier): OP-I Karachi D. Petrol Alpine 22/05/16 OP-II Album D. Crude Oil PNSC 25/05/16 OP-III Torm Atlantic D. Petrol Trans Maritme 25/05/16 ALONG SIDE (East Wharves): 2/3 Glovis Madonna […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.65 103.14 S.ARABIA 28.03 26.38 U.K 154.99 151.32 JAPAN 0.9611 0.9378 EURO 118.19 115.39 U.A.E 28.76 26.36 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9682 27-05-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]