Commerce

Dar lauded for containing fall in value of rupee

ISLAMABAD (Sarzameen News)- President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Friday lauded Federal Finance Minister Senator Ishaq Dar reversing record exchange rate erosion without any delay. The business community highly appreciates timely intervention by the finance minister otherwise its cost would have been overwhelming for the economy, masses and the business

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37pc Pakistanis opine budget for FY 2017-18 is worse than previous budgets

ISLAMABAD (Sarzameen News)- Around 37 percent Pakistanis opine that the budget for Fiscal Year (FY) 2017-2018 is worse than the previous budgets. According to a Gilani Research Foundation Survey carried out by Gallup and Gilani Pakistan, a nationally representative sample of men and women from across the four provinces was asked, “In your opinion, is

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Abrupt erosion in exchange rate unfortunate, unacceptable: FPCCI

ISLAMABAD  (Sarzameen News)- The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday voiced concern over the sudden erosion in the exchange rate terming it against the national interests and unacceptable. The local currency has nosedived after remaining stable for three and a half years and now a US dollar is being sold

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Mamnoon stresses cooperation, consultation with business community

ISLAMABAD  (Sarzameen News)- President Mamnoon Hussain on Thursday emphasized the need for cooperation and consultation with the business community to strengthen tax collection regime. The President was talking to outgoing Federal Tax Ombudsman Abdur Rauf Chaudhry who paid a farewell call on him at the Aiwan-e-Sadr, Islamabad. The President appreciated that the confidence of taxpayers

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MCB Arif Habib Savings launches first Alhamra Islamic Saving Centre in Peshawar

PESHAWAR (Sarzameen News)- The management of MCB-Arif Habib Savings and Investments Limited (MCB-AH) has commemorated the launch of its first dedicated Alhamra Islamic Saving Centre in Peshawar. An event of the Alhamra Islamic Saving Centre was held at Pearl Continental Hotel Peshawar, said a press release issued here on Wednesday. The event was attended by

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Pakistani rupee succumbs to political chaos

KARACHI (Sarzameen News)- Pakistan rupee lost three percent in single session where the currency reached to almost 44 month low level against the green back due to political uncertainty in the country. The domestic currency opened at 104.95 but immediately hit the top of 106 to dollar, but speedy slide created panic and in small

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Dar takes notice of spike in interbank rate of US Dollar against Pakistani Rupee

ISLAMABAD (Sarzameen News)- Federal Finance Minister Senator Ishaq Dar on Wednesday took cognisance of the spike in the interbank rate of the US dollar against the Pakistani Rupee. During an emergent meeting of the officials of Finance Division, Ishaq Dar expressed deep concern, indignation and disappointment at the fact that the current political situation is

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Pakistan re-launches Computer Centre at YMMA Headquarters

COLOMBO (Sarzameen News)- To augment younger generation’s skills building with better educational opportunities, the Government of Pakistan through its High Commission donated 17 computers and relevant equipment to re-launch and up-grade Pakistan Computer Centre at All Ceylon Young Mens’ Muslim Association Conference (YMMA), at their Headquarters in Maradana, Colombo on Wednesday. Acting High Commissioner of

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Urea sales resumed on Govt assurance

ISLAMABAD (Sarzameen News)- Fertilizer manufacturers have decided to resume sales of urea after Ministry of Finance and Ministry of Food Security and Research have given assurance to issue subsidy notification within next 10 days. The Subsidy Notification has faced procedural delays by concerned Ministries as that had to be issued before June 30, 2017 for

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Haleeb launches new brand FLAVA, energetic flavoured milk

ISLAMABAD (Sarzameen News)- Haleeb Foods on Tuesday announced the launch of its new flavoured milk brand FLAVA, initially launched in banana flavour. Soft creamy taste of FLAVA makes it a delicious choice of children and adults both. Speaking at the launch of new product, Haleeb Foods Marketing Director Mansoor Nawaz said, “We are positioning FLAVA

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