Interloop Limited (ILP) is planning to invest about $100 million to set up a vertically integrated knitwear apparel plant, reported Link News on Tuesday citing the management of ILP.During a discussion on the company’s latest financial results and futu…
Rupee Recovers Against the US Dollar and Euro Two Days in a Row
The Pakistani Rupee (PKR) recovered against the US Dollar (USD) for the second day in a row and appreciated 40 paisas against the greenback in the inter-bank market today.It appreciated by 0.23 percent against the USD and closed at Rs. 174.89 today aft…
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…
State Bank to Finalize Monetary Policy This Friday
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to prepone its next meeting from 26 November.It has issued a press release in this regard that read: “The MPC will now convene in SBP Karachi on Friday, November 19, 20…
Traders Should Use Alternative Trade Routes Between Pakistan and Azerbaijan: Finance Committee
The National Assembly’s Standing Committee on Finance met earlier today under the chairmanship of PTI MNA Faizullah Kamoka and received a briefing on the trade ties between Pakistan and Azerbaijan.During the meeting, Deputy Governor State Bank of Pakis…