Commerce Ministry informed a National Assembly Panel that Pakistani’s Basmati rice exports to Saudi Arabia, United Arab Emirates (UAE), and Kenya have taken a hit due to various reasons and highlighted steps being taken by the government to revive the ...
Read More »Monthly Archives: November 2021
Coca-Cola Places its Largest Order with Waves Singer Limited
Waves Singer Limited will produce 25,000 coolers of different variants for its client, Coca-Cola, which will be the latter’s largest-ever order.It has received a corporate order worth Rs. 1.438 billion from Coca-Cola, as per a stock filing.This is Coca...
Read More »Adagio Therapeutics Provides Update for ADG20 COVID-19 Antibody Program and Reports Third Quarter 2021 Financial Results
FDA Feedback Supports Planned Emergency Use Authorization (EUA) Submission for ADG20 for Prevention of COVID-19; Interim Clinical Data Package from EVADE Prevention Trial to Support EUA Submission Expected in Second Quarter 2022 Enrollment Progressing in ADG20 STAMP Trial for Treatment of COVID-19; Planned Interim Efficacy Analysis Expected in Second Quarter 2022 to Support Potential EUA […]
Read More »FBR to Audit Over 50,000 Income Tax Cases of 2019
The Federal Board of Revenue (FBR) has decided to select over 50,000 income tax cases of the tax year 2019 for audit, reflecting an extraordinary increase of 36,000 cases as compared to more than 14,000 cases it had picked for the tax year 2018.The FBR...
Read More »Rupee Breaks Losing Streak Against the US Dollar On the Back of Good News
The Pakistani Rupee (PKR) finally recovered against the US Dollar (USD) and appreciated 43 paisas against the latter in the inter-bank market today. It hit an intra-day high of Rs. 174.20 against the USD during today’s open market session.The PKR appre...
Read More »ECC Recommends PPRA to Relax Rules for Urea Import
The Economic Coordination Committee (ECC) of the federal cabinet has recommended Public Procurement Regulatory Authority (PPRA) to give exemption to the Trading Corporation of Pakistan (TCP) from its rules to republish tender for procuring urea from ab...
Read More »Pakistan to Enhance Bilateral Trade With Australia
A delegation led by the Australian Trade Commissioner to Pakistan, John Cavanaghon, called on the federal Minister of National Food Security and Research, Syed Fakhar Imam, at his office in Islamabad today (15 November).Minister Imam welcomed the Austr...
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