Daily Archives: October 6, 2020

OKEx adds real-time Ether dashboard to skew’s crypto derivatives data platform

VALLETTA, Malta, Oct. 06, 2020 (GLOBE NEWSWIRE) — OKEx, a world-leading cryptocurrency spot and derivatives exchange, is enhancing its partnership with skew, by adding a second dashboard on the platform where users can view Ether trading data from OKEx, including trading volume of ETH futures, perpetual swaps and options. OKEx is the first exchange to launch a […]

SECP is Taking Several Measures to Encourage Investment in Exchange Traded Funds

SECP is determined to create a more competitive and efficient playing field for exchange-traded funds (ETFs) by addressing tax disparities, achieving tax credit, and allowing investments in ETF through Special Convertible Rupee Accounts (SCRA). SECP Chairman Aamir Khan said this while speaking at ETF’s gong ceremony at PSX. Khan said that SECP is also taking

Trade Deficit Increases Due to Higher Imports in September 2020

Pakistan’s trade deficit went up by 19.5% to $2.39 billion during September 2020 as compared to $2 billion in the same period in 2019. The uptick in the trade deficit was seen due to a 13.2% year on year increase in imports to $4.26 billion in September 2020 as compared to $3.76 billion in the

KE to Invest Rs. 9.5 Billion for Rain Mitigation Measures

K-Electric Limited (KE) has planned to invest Rs. 9.5 billion, in addition to the budgeted investment of Rs. 24.4 billion for rain mitigation measures after the board of directors gave its approval according to a notification issued to Pakistan Stock Exchange (PSX). The previously budgeted investment was allocated for the up-gradation of infrastructure and the

NPMC analyzes price hike in essential commodities

The National Price Monitoring Committee (NPMC) has called upon the Provincial Administrations to remain vigilant and control the prices of essential commodities including tomato, potato, wheat, and sugar through strict price enforcement. These directions were issued during meeting of the Committee held in Islamabad, to discuss the reasons for increase in prices of essential commodities

Pakistan to oppose India’s claim of Basmati rice in EU: Dawood

Pakistan has decided to give a befitting reply to India’s claim of Geographical Indication tag to Basmati Rice in the European Union market by filing its opposition in the EU. This was decided during a meeting chaired by the Adviser for Prime Minister on Commerce Abdul Razak Dawood in Islamabad. Razak Dawood categorically stated that