Commerce

Palm oil imports surge by over 68 percent in July

ISLAMABAD (Sarzameen News)- The palm oil imports into the country surged by 68.56 percent during the month of July 2017 compared to the same month of the last year. Pakistan imported palm oil worth $176.600 million in July 2017 compared to the imports of $104.771 million in July 2016, showing growth of 68.56 percent, according to latest trade

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Fruits worth US$ 19.493 mln, vegetables US$ 10.330 mln exported

ISLAMABAD (Sarzameen News)- About 24,393 metric tons of fresh fruits worth US$ 19.483 million was exported during the first month of current financial year as compared the exports of the corresponding period of last year. According the data of Pakistan Bureau of Statistics, during month of July, 2017 about 32,702 metric tons of vegetables valuing US$ 10.330

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PM Chairs Meeting on Sugar Industry

ISLAMABAD (Sarzameen News)- Prime Minister Shahid Khaqan Abbasi chaired a meeting wherein he was briefed on the matters pertaining to sugar industry of the country. The meeting was briefed on the growth of sugar industry in Pakistan, government’s role in the development of this industry, issues concerning the sugar industry and support of the industry from the government.

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SBP injects Rs65bn into market

KARACHI (Sarzameen News)- State Bank of Pakistan on Thursday injected Rs 65 billion into money market for one day through its open market operation. The rate of return accepted is 5.83 percent per annum, says SBP release.

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Govt facilitating exporters to enhance exports

ISLAMABAD (Sarzameen News)- The government has taken concrete measures to facilitate the exporters to enhance exports. A spokesperson of the commerce ministry said the export package of Rs.180 billion for business community to increase exports is applicable till June 30 next year, Radio Pakistanreported. He said under the package, incentives for current fiscal year would be available to

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Ishaq Dar to attend two events in Urumqi

ISLAMABAD (Sarzameen News)- Finance Minister Ishaq Dar will attend the inaugural ceremony of the Central Asia Regional Economic Cooperation Institute and the second CAREC Think Tanks Development Forum at Urumqi, China on Thursday. The Minister is attending the events on invitation from his Chinese counterpart Xiao Jie. He will also have meetings with senior Chinese leaders and representatives of other

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NBP Aitemaad Islamic Banking, EFU HEMAYA ink MoU to sell Takaful products

ISLAMABAD (Sarzameen News)- National Bank of Pakistan (NBP) Aitemaad Islamic Banking, EFU Life Insurance Hemaya have inked Memorandum of Understanding (MoU) to sell Takaful products. A signing ceremony was held between NBP Aitemaad Islamic Banking and EFU Hemaya at NBP Head Office. The ceremony branded ‘Building Partnership’ was held in the presence of Mr. Saeed Ahmad,

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SBP issues fresh banknotes worth Rs. 168 billion on Eid Ul Azha

KARACHI (Sarzameen News)- To meet the increasing demand for fresh banknotes on the occasion of Eid-ul- Azha 2017, SBP Banking Services Corporation (SBP BSC) made elaborate arrangements with a focus to cover maximum stakeholders including the general public. The SBP issued fresh banknotes of Rs. 168 billion as compared to Rs.161 billion issued on previous Eid-ul- Azha.

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Eid to result in a billion dollar business: FPCCI

ISLAMABAD (Sarzameen News)- The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday said Eidul Azha will result in the business of around one billion dollars in the country. It will benefit millions of people linked to the rural economy, and help dozens of industries including livestock and agriculture sectors, it said. Despite political uncertainty

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Samsung Launches the all new J7 Core in Pakistan

ISLAMABAD (Sarzameen News)-Samsung Electronics has now launched its revolutionary device – Samsung Galaxy J7 Core in Pakistan. This prestigious launch event was held on 28th August 2017 at local Hotel in Lahore and was attended by Fakhar Zaman, the cricket star along with numerous famous celebrities and Samsung dealers. With the objective of expanding the Galaxy J7 family, the J7 Core

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