Business News

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 Tuesday. ALONG SIDE (Bulk Oil Pier): OP-I BW Amazon D. Petrol Alpine 12/03/16 OP-II Loyal Pegasus L. Chemical Alpine 14/03/16 OP-III Maersk Messina D. Petrol Trans Maritime 13/03/16 ALONG SIDE (East Wharves): 1 Chem […]

  • EXCHANGE RATES FOR CURRENCY NOTES

    SELLING BUYING U.S.A 105.55 103.04 S.ARABIA 28.00 27.60 U.K 150.70 147.13 JAPAN 0.9297 0.9071 EURO 117.26 114.48 U.A.E 28.74 27.47 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.9055 15-03-2016 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS Rate % p.a. USD 0.1000 GBP 0.1000 JPY 0.0000 BILL […]

  • NBP Exchange Rates

    KARACHI, (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.50 104.30 104.09 U.K. 149.21 148.92 148.61 EURO 116.09 115.87 115.63 CANADA 78.61 78.46 78.25 SWITZERLAND 105.96 105.76 105.48 AUSTRALIA 78.32 78.17 77.96 SWEDEN 12.52 12.49 12.46 […]

  • Avon to cut 2,500 jobs, move headquarters to Britain

    NEW YORK, (APP/AFP) – Struggling cosmetics company Avon Products, Inc. said Monday it was eliminating 2,500 jobs and moving its headquarters to Great Britain, its latest restructuring after selling off its North American business. The changes were expected to cost $60 million before taxes in mostly employee-related charges in the first quarter of 2016, but […]

  • Foreign Currency Account Scheme

    KARACHI, (APP): The Foreign Exchange Rates Committee of Financial Markets Assocaition of Pakistan issued the following Base Rate, here on Tuesday. BBA BID MAXIMUM RATES RATES WITH FOR PAYMENT OF VALUE DATE INTEREST BY ETHERIZED DEALERS R A T E S U.S. DOLLARS VALUE 15-03-16 For 3 months and over but less than 6 months […]

  • Foreign exchange rates

    KARACHI, (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 0.9055 15.03.16 CONVERSION RATES FOR MAR 15TH 2016 FOR […]