Engro Fertilizers signs agreement with BASF

Engro Fertilizers signed an agreement with BASF to develop and distribute the world-renowned Nunhems brand of vegetable seeds in Pakistan.

The seed to harvest solutions offered by Engro Fertilizers, coupled with Nunhems high quality vegetable seeds, will help Pakistani farmers improve their crop yields and income levels.

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SBP’s reserves increased by US$431 million

The total liquid foreign reserves held by the country stood at US$15,993.2 million on 29-November-2019.The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan : US$  9,112.9 million
  2. Net foreign reserves held by commercial banks         : US$  6,880.3 million
  3. Total liquid foreign reserves                                            : US$ 15,993.2 million    

During the week ending 29-November-2019, SBP’s reserves increased by US$431 million to US$9,112.9 million.

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WAPDA all set to commence Diamer Basha Dam construction Contract for Dam part likely to be awarded in 6 to 8 weeks: WAPDA Chairman

December 05, 2019: WAPDA is all set to commence construction work on Diamer Basha Dam following award of contract in six to eight weeks, while the under-construction Mohmand Dam and Dasu Hydropower Project (Stage-I) will be completed in 2024-25. These mega projects are going to change fate and destiny of the country.

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Pakistan facing crisis after crisis: PBIF

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said Pakistan is facing crisis after crisis which has taken a toll on the masses and the economy.

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Federal Secretary IT & Telecommunication visits PTCL’s Zonal Office in Lahore

Pakistan Telecommunication Company Limited (PTCL) hosted Mr. Shoaib Ahmad Siddiqui, Secretary IT & Telecom and Chairman Board of Director, PTCL, during his visit to PTCL’s zonal office in Lahore for a Business Review Meeting.

Functional heads of PTCL zonal management, including Business Operations, Technology and Corporate, delivered presentations to the Secretary, who showed interest in the business performance of the zone.

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KPT cargoes handing

The total cargo handled at Karachi Port during the last 24 hours closed at 135,756 Metric Tons. The breakup shows that the port has handled 36,252 Metric Tons of export cargo and 99,504 Metric Tons of import cargo during the last 24 HOURS ENDING AT 0700 HOURS.

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