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Daily Archives: November 16, 2021

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...

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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...

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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...

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Interloop to Set Up a New Knitwear Apparel Plant

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...

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PM to Inaugurate Track and Trace System for Sugar Sector

Prime Minister Imran Khan will inaugurate the Track and Trace system of the Federal Board of Revenue (FBR) for the sugar industry on 23rd November.The Track and Trace system will ensure electronic monitoring of manufacturing and sales of products of im...

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