Business News

Importers, exporters must use FDP to route consignments: Collector Customs

  • FAISALABAD, March 25 (APP): Faisalabad’s importers and exporters should use Faisalabad Dry Port (FDP) at maximum extent to route their consignments as they are routing their consignments through Karachi Port which has decreased the trade volume at the FDP. This was stated by Zulifqar Ali Chaudhary, Collector Customs Faisalabad, during a meeting with the FCCI […]

  • Govt making sincere efforts to strengthen economy: Minister

    LAHORE,March 25 (APP): Provincial Minister for Finance, Dr. Ayesha Ghaus Pasha on Friday said the government was making sincere efforts to strengthen economy and overcoming different challenges. Addressing a seminar here, she said that projects like hydel, wind and coal power plant at provincial level were serious efforts by the government to overcome problems. The […]

  • Kerb currency market

    KARACHI, (APP): Following were the Closing 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) 104.75 104.80 U.S $ (Cash Free Market) 105.40 105.60 SAUDIA RIYAL 28.05 28.25 UAE DIRHAM 28.75 28.95 EURO 117.40 118.40 UK POUND […]

  • 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: Batam Trader Ever Unique Falcon Victory Omera Queen. SHIPS BERTHED: Hyundai Bangkok Container Ship Northern Power Container Ship Busan Star General Cargo Urania Tanker A Idefix Container Ship Ebony Ray […]

  • Shipping activity at Port Qasim

    KARACHI, (APP): Three ships C.V Mehuin, M.V Diamond Sun and M.V Shangdon hai Da scheduled to load/offload containers, 17,604 tonnes Steel coil and 12,031 tonnes cement were berth date Qasim International Container Terminal and Multi Purpose Terminal respectively on Thursday. Meanwhile another ‘Rio madeira’ carrying containers, also arrive at outer anchorage of Port Qasim during […]

  • Spot rates of Cotton (Crop 2015-2016)

    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 5,300 135 5,435 Equivalent 40 kgs 5,680 145 5,825