SAI Chief Terms 1.5% Interest Rate Cut as Insufficient

KARACHI: The Site Association of Industry (SAI) President, Muhammad Kamran Arbi, expressed disappointment at the State Bank of Pakistan’s (SBP) cutting interest by just 1.5%. He called the move “insufficient to address the challenges faced by the industrial sector”. In a statement, Mr. Arabi highlighted […]

Kerb currency market

KARACHI, Jun 11 (APP):Following were the Opening Rates of foreign currencies in the kerb market issued by the Exchange Companies Association of Pakistan, here on Tuesday. F.C. BUYING SELLING INTER BANK 278.25 278.35 USD 277.75 280.50 EURO 296.45 299.40 GBP 350.70 354.20 JPY 1.74 1.78 […]

Film actor Santosh Kumar remembered on death anniversary

ISLAMABAD, Jun 11 (APP):The 42nd death anniversary of famous Pakistani Film actor Syed Musa Abbas Raza better known as Santosh Kumar was observed on Tuesday.He was born in 1925 in Lahore. He was active in Pakistani cinema during the 1950s and 60s and is considered […]

CPEC Phase 2 fueling Pakistan’s economic boom: Ahsan Iqbal

ISLAMABAD, Jun 11 (APP):Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, said on Tuesday that Prime Minister Shehbaz Sharif’s recent visit to China was a significant step in bolstering Pakistan and China’s long-standing friendship and strategic alliance. Talking to a private news […]