Category Archives: Market

ECC Defers Summary on Increase in Prices of Medicines

The Economic Coordination Committee (ECC) of the Cabinet on Monday deferred summaries of the Ministry of National Health Services, Regulations, and Coordination on the fixation of maximum retail price (MRP) of 54 new drugs and the increase in prices of...

Reliance Cotton to Make Equity Investment of Rs. 1 Billion in Sapphire Fibres

The shareholders of Reliance Cotton Spinning Mills Limited (RCML) have accorded approval for an investment of up to Rs. 1 billion by way of equity investment in Sapphire Fibres Limited, an associated company.In a notice to the Pakistan Stock Exchange

Pakistan Imported Spices Worth Rs. 3.1 Billion in February

Pakistan imported spices worth Rs. 3.145 billion in February of the current fiscal year (FY23), up marginally from imports of Rs. 3.107 billion reported in the same month of the previous fiscal year (FY22), according to the data released by

Rupee Declines Against US Dollar, Other Currencies Despite Import Relief

The Pakistani rupee (PKR) reversed gains against the US Dollar and posted losses during intraday trade today.The Pakistani rupee was initially green during the early hours of intraday trade today with the interbank rate gaining Rs. 4 to reach 279.8

PC Board Reviews Matters Related to Privatization of HBFC

Privatization Commission (PC) Board meeting on Tuesday reviewed the matters related to the privatization of House Building Finance Company Limited (HBFC).The Privatization Commission (PC) Board meeting was held under the Chairmanship of Abid Hussain Bh...

First-Ever Approval of the Digital Lending App of an NBFC Company in Pakistan

The Center of Business Consultancy (Pvt.) Limited has successfully acquired the approval of the Securities and Exchange Commission of Pakistan (the Commission) for its foreign client to launch the first approved digital lending app in Pakistan.The Comm...

Mohsin Naqvi expresses desire to learn from Vietnam’s expertise to promote tourism

Punjab Caretaker Chief Minister Mohsin Naqvi says there are vast opportunities available for both Pakistan and Vietnam to enhance collaboration in diverse fields including textile, Information Technology, health, tourism and education.Talking to Vietna...

Govt announces prices of petroleum products for next fortnight

The government has announced the prices of petroleum products for the next fortnight. The new prices of petrol with an increase of five rupees is 272 rupees, High Speed diesel with an increase of 13 rupees is 293, Kerosene