Business

Business

Restoration of cotton standardisation fee on the cards

Sindh has opposed the levying of the cotton standardisation fee without the payment of premium to cotton producers and ginners.…

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Workers’ remittances like to remain at same level

The government expects workers share in the national economic pie to increase, as indicated in the State Bank of Pakistan’s…

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Drug pricing woes

PHARMACEUTICAL companies and the Drug Regulatory Authority of Pakistan have been at odds  over  pricing methodology. The secretary of the…

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Bank investments increase

The central bank further reduced rates on the fresh issue of Pakistan Investment Bonds on December 17. Nonetheless, the auction…

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Rupee climbs against dollar

The rupee managed to post gains against the dollar and the euro in the local currency market last week, overcoming…

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Negotiations ongoing with Tethyan over Reko Diq project

Pakistan and the Tethyan Copper Company are negotiating a ‘confidentiality agreement’ as part of their out of court settlement of…

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Trading steady on cotton market

Trading was steady on the cotton market yesterday as buyers kept looking for quality lint which is running in short…

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SBP injects Rs.585bn into banking system

The State Bank on Friday injected Rs585 billion into the banking system, because of a liquidity crunch. The State Bank…

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Siemens Pak. announces Rs10 dividend

In a meeting held in Dubai on Friday, the board of directors of Siemens Pakistan Engineering Company approved accounts and…

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