S.Korea’s e-commerce import hits record high in 2021

SEOUL, Dec. 30 (Xinhua/APP) –:South Korea’s e-commerce import hit a record high this year as more people purchased foreign goods in cyberspace, customs office data showed Thursday. Import through the e-commerce transactions amounted to 4.15 billion U.S. dollars for the first 11 months of 2021, […]

Hong Kong stocks flat at open

Hong Kong, Dec 30 (AFP/APP):Hong Kong stocks opened flat on Thursday, weighed by continued fears about the Omicron coronavirus variant. The Hang Seng Index dipped 6.78 points, or 0.03 percent, to 23,079.76. The Shanghai Composite Index was up 4.12 points, or 0.11 percent, to 3,601.12, […]

‘23 items remained stable whereas 23 items registered rise in prices’

Islamabad December 29 (Online): National Price Monitoring Committee (NPMC) was informed on Wednesday that prices of 23 items remained stable whereas 23 items registered rise in prices. It was further informed that fluctuations in the petroleum prices have affected the LPG prices and the rise […]

Stock markets waver as investors ponder Omicron impact

London, Dec 29 (AFP/APP):Stock markets wobbled Wednesday as a “Santa Claus rally” showed signs of fatigue, with investors gauging the impact of the Omicron coronavirus variant on the economic recovery. London’s FTSE 100 outshone other markets, rising 0.7 percent to hit a nearly two-year high […]

FPCCI HAS LOST ITS STATUS AS THE APEX BODY OF TRADE

ISLAMABAD, Dec 28 (Online): Tariq Haleem past Vice President FPCCI and present Chairman UBG Standing Committee on Maritime Affairs, Communications and Gwadar Development said : Presently Pakistan is standing at cross roads and under great financial pressure due to various reasons which also includes past […]

Stock markets rise on ‘Santa Claus rally’, Omicron optimism

Paris, Dec 28 (AFP/APP):Stock markets mostly rose on Tuesday as investors appeared to ride a “Santa Claus rally” and optimism that the Omicron coronavirus variant will not derail the global economic recovery. Covid-19 cases have surged across the world, prompting governments to impose new measures […]

Chairman FBR condemns firing incident in Lahore

ISLAMABAD, Dec 28 (APP): Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed has condemned the firing incident in Allama Iqbal Town Lahore, targeting an officer of FBR. This evening, Salman Naveed, an IRS officer posted in Anti- Benami Zone left his […]

FBR to negotiate double taxation agreement with Afghanistan

ISLAMABAD, Dec 28 (APP):The Federal Board of Revenue (FBR) to negotiate double taxation agreement with Afghanistan in second round of negotiations on Double Taxation Agreement (DTA). A four-member delegation from Afghanistan Revenue Department (ARD) is on an important visit to Federal Board of Revenue (FBR) […]

Stock markets rise after Christmas

Paris, Dec 27 (AFP/APP):US and eurozone stock markets advanced on Monday, shrugging off lingering fears over the fast-spreading Omicron coronavirus variant after the Christmas holiday. The highly mutated strain has fuelled a massive increase in cases across the globe, with countries reviving lockdowns, thousands of […]

Kerb currency market

KARACHI, Dec 27 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 178.00 178.20 U.S $ (Cash Free Market) 180.50 181.00 SAUDIA RIYAL […]