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May 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-12-27
FBR offices to remain open on December 29

FBR offices to remain open on December 29

All FBR offices (LTUs/CRTOs/RTOs) to remain open and observe normal working hours on Saturday (December 29) and observe extended working hours till 10:00pm on Monday (December 31) to facilitate the taxpayers in payment of duties and taxes.
Published 27 Dec, 2018 12:00am
India hands over two Pakistani citizens to Rangers

India hands over two Pakistani citizens to Rangers

Indian authorities released Abdullah Shah and Imran Warsi, two Pakistani nationals, through the Wagah Border on Wednesday. According to Rangers sources, Indian authorities handed them over to Pakistan Rangers. Abdullah, who hails from Mingora, was detaine
Published 27 Dec, 2018 12:00am
India hands over two Pakistani citizens to Rangers

India hands over two Pakistani citizens to Rangers

Indian authorities released Abdullah Shah and Imran Warsi, two Pakistani nationals, through the Wagah Border on Wednesday. According to Rangers sources, Indian authorities handed them over to Pakistan Rangers. Abdullah, who hails from Mingora, was detaine
Published 27 Dec, 2018 12:00am
Big taxpayers: FBR unveils new procedure for quick assessment, recovery

Big taxpayers: FBR unveils new procedure for quick assessment, recovery

The Federal Board of Revenue (FBR) has implemented a new procedure for fast-track assessment and recovery of tax from high-net worth individuals to confirm/verify high risk areas of declared exempt incomes such as gift, foreign remittances, inheritance an
Published 27 Dec, 2018 12:00am
Big taxpayers: FBR unveils new procedure for quick assessment, recovery

Big taxpayers: FBR unveils new procedure for quick assessment, recovery

The Federal Board of Revenue (FBR) has implemented a new procedure for fast-track assessment and recovery of tax from high-net worth individuals to confirm/verify high risk areas of declared exempt incomes such as gift, foreign remittances, inheritance an
Published 27 Dec, 2018 12:00am
Big taxpayers: FBR unveils new procedure for quick assessment, recovery

Big taxpayers: FBR unveils new procedure for quick assessment, recovery

The Federal Board of Revenue (FBR) has implemented a new procedure for fast-track assessment and recovery of tax from high-net worth individuals to confirm/verify high risk areas of declared exempt incomes such as gift, foreign remittances, inheritance an
Published 27 Dec, 2018 12:00am
Cabinet to approve Panda Bond floatation today

Cabinet to approve Panda Bond floatation today

The Cabinet will accord formal approval Thursday (today) to floating an international sovereign Panda Bond in the Chinese capital market to raise financing in renminbi (RMB) - commonly known as yuan - aimed at strengthening foreign exchange reserves and s
Published 27 Dec, 2018 12:00am
Cabinet to approve Panda Bond floatation today

Cabinet to approve Panda Bond floatation today

The Cabinet will accord formal approval Thursday (today) to floating an international sovereign Panda Bond in the Chinese capital market to raise financing in renminbi (RMB) - commonly known as yuan - aimed at strengthening foreign exchange reserves and s
Published 27 Dec, 2018 12:00am
Cabinet to approve Panda Bond floatation today

Cabinet to approve Panda Bond floatation today

The Cabinet will accord formal approval Thursday (today) to floating an international sovereign Panda Bond in the Chinese capital market to raise financing in renminbi (RMB) - commonly known as yuan - aimed at strengthening foreign exchange reserves and s
Published 27 Dec, 2018 12:00am
Cabinet to approve Panda Bond floatation today

Cabinet to approve Panda Bond floatation today

The Cabinet will accord formal approval Thursday (today) to floating an international sovereign Panda Bond in the Chinese capital market to raise financing in renminbi (RMB) - commonly known as yuan - aimed at strengthening foreign exchange reserves and s
Published 27 Dec, 2018 12:00am
What should worry the government?

What should worry the government?

In a tweet on 23 December, Finance Minister Asad Umar justifiably expressed satisfaction on significantly higher private sector credit off-take during July-October 2018 compared to the same period last year, which rose from Rs 34 billion to Rs 199 billion
Published 27 Dec, 2018 12:00am
What should worry the government?

What should worry the government?

In a tweet on 23 December, Finance Minister Asad Umar justifiably expressed satisfaction on significantly higher private sector credit off-take during July-October 2018 compared to the same period last year, which rose from Rs 34 billion to Rs 199 billion
Published 27 Dec, 2018 12:00am
What should worry the government?

What should worry the government?

In a tweet on 23 December, Finance Minister Asad Umar justifiably expressed satisfaction on significantly higher private sector credit off-take during July-October 2018 compared to the same period last year, which rose from Rs 34 billion to Rs 199 billion
Published 27 Dec, 2018 12:00am
What should worry the government?

What should worry the government?

In a tweet on 23 December, Finance Minister Asad Umar justifiably expressed satisfaction on significantly higher private sector credit off-take during July-October 2018 compared to the same period last year, which rose from Rs 34 billion to Rs 199 billion
Published 27 Dec, 2018 12:00am
Government to launch ''Pakistan Banao Certificate''

Government to launch ''Pakistan Banao Certificate''

The federal government is to issue dollar-denominated scripless Pakistan Banao Certificate (PBC) for resident and non-resident Pakistanis to generate funds to build the depleting foreign exchange reserves and support the balance of payment.
Published 27 Dec, 2018 12:00am
Government to launch 'Pakistan Banao Certificate'

Government to launch 'Pakistan Banao Certificate'

The federal government is to issue dollar-denominated scripless Pakistan Banao Certificate (PBC) for resident and non-resident Pakistanis to generate funds to build the depleting foreign exchange reserves and support the balance of payment.
Published 27 Dec, 2018 12:00am
Government to launch 'Pakistan Banao Certificate'

Government to launch 'Pakistan Banao Certificate'

The federal government is to issue dollar-denominated scripless Pakistan Banao Certificate (PBC) for resident and non-resident Pakistanis to generate funds to build the depleting foreign exchange reserves and support the balance of payment.
Published 27 Dec, 2018 12:00am
FIA raids SECP HQ, seizes certain record

FIA raids SECP HQ, seizes certain record

A team of the Federal Investigation Agency (FIA) late Wednesday night raided the head office of Securities and Exchange Commission of Pakistan (SECP) and taken the record pertaining to a bank. It has been confirmed that the FIA team went to the SECP headq
Published 27 Dec, 2018 12:00am
FIA raids SECP HQ, seizes certain record

FIA raids SECP HQ, seizes certain record

A team of the Federal Investigation Agency (FIA) late Wednesday night raided the head office of Securities and Exchange Commission of Pakistan (SECP) and taken the record pertaining to a bank. It has been confirmed that the FIA team went to the SECP headq
Published 27 Dec, 2018 12:00am
FIA raids SECP HQ, seizes certain record

FIA raids SECP HQ, seizes certain record

A team of the Federal Investigation Agency (FIA) late Wednesday night raided the head office of Securities and Exchange Commission of Pakistan (SECP) and taken the record pertaining to a bank. It has been confirmed that the FIA team went to the SECP headq
Published 27 Dec, 2018 12:00am
Russia agrees to support Afghan-led peace process

Russia agrees to support Afghan-led peace process

Pakistan and Russia have agreed to support the Afghan-led and Afghan-owned peace process to restore peace and stability in Afghanistan, as the two sides underscored the need for harmonising various regional approaches for developing a regional consensus o
Published 27 Dec, 2018 12:00am
Russia agrees to support Afghan-led peace process

Russia agrees to support Afghan-led peace process

Pakistan and Russia have agreed to support the Afghan-led and Afghan-owned peace process to restore peace and stability in Afghanistan, as the two sides underscored the need for harmonising various regional approaches for developing a regional consensus o
Published 27 Dec, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Another lackluster session was witnessed at Pakistan Stock Exchange (PSX) Wednesday, mainly due to political uncertainty. BRIndex100 declined by 13.55 points or 0.34 percent to close at 3,999.30 points down from 4,012.85 points Monday. BRIndex100 touched
Published 27 Dec, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Another lackluster session was witnessed at Pakistan Stock Exchange (PSX) Wednesday, mainly due to political uncertainty. BRIndex100 declined by 13.55 points or 0.34 percent to close at 3,999.30 points down from 4,012.85 points Monday. BRIndex100 touched
Published 27 Dec, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Another lackluster session was witnessed at Pakistan Stock Exchange (PSX) Wednesday, mainly due to political uncertainty. BRIndex100 declined by 13.55 points or 0.34 percent to close at 3,999.30 points down from 4,012.85 points Monday. BRIndex100 touched
Published 27 Dec, 2018 12:00am
Sell-off of two LNG-based power plants as ''bundle package'' approved

Sell-off of two LNG-based power plants as ''bundle package'' approved

The Cabinet Committee on Privatisation (CCOP) has approved privatisation of two LNG based power plants as "Bundle Package" by privatising National Power Park Management Company Limited (NPPMCL) that operates both the power plants. A meeting of the CCOP pr
Published 27 Dec, 2018 12:00am
Sell-off of two LNG-based power plants as 'bundle package' approved

Sell-off of two LNG-based power plants as 'bundle package' approved

The Cabinet Committee on Privatisation (CCOP) has approved privatisation of two LNG based power plants as "Bundle Package" by privatising National Power Park Management Company Limited (NPPMCL) that operates both the power plants. A meeting of the CCOP pr
Published 27 Dec, 2018 12:00am
Sell-off of two LNG-based power plants as 'bundle package' approved

Sell-off of two LNG-based power plants as 'bundle package' approved

The Cabinet Committee on Privatisation (CCOP) has approved privatisation of two LNG based power plants as "Bundle Package" by privatising National Power Park Management Company Limited (NPPMCL) that operates both the power plants. A meeting of the CCOP pr
Published 27 Dec, 2018 12:00am
Two gas companies allowed to recover up to 2.6 percent UFG

Two gas companies allowed to recover up to 2.6 percent UFG

Oil and Gas Regulatory Authority (Ogra) has allowed two gas companies to recover up to additional 2.6 percent unaccounted for gas (UFG) for the last five years in a review motion. From financial year 2012-13 to 2016-17, the Economic Coordination Committee
Published 27 Dec, 2018 12:00am
Two gas companies allowed to recover up to 2.6 percent UFG

Two gas companies allowed to recover up to 2.6 percent UFG

Oil and Gas Regulatory Authority (Ogra) has allowed two gas companies to recover up to additional 2.6 percent unaccounted for gas (UFG) for the last five years in a review motion. From financial year 2012-13 to 2016-17, the Economic Coordination Committee
Published 27 Dec, 2018 12:00am
Two gas companies allowed to recover up to 2.6 percent UFG

Two gas companies allowed to recover up to 2.6 percent UFG

Oil and Gas Regulatory Authority (Ogra) has allowed two gas companies to recover up to additional 2.6 percent unaccounted for gas (UFG) for the last five years in a review motion. From financial year 2012-13 to 2016-17, the Economic Coordination Committee
Published 27 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (December 26, 2018) and the forecast for Thursday (December 27, 2018).

Published 27 Dec, 2018 12:00am
Government to enhance deposits to GDP ratio to 55 percent under NFIS

Government to enhance deposits to GDP ratio to 55 percent under NFIS

The government plans to enhance deposits to GDP ratio to 55 percent under the National Financial Inclusion Strategy (NFIS) and recommendations in the plan were also endorsed by the sub-committee of Economic Advisory Committee (EAC) in its meetings held on
Published 27 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
Government to enhance deposits to GDP ratio to 55 percent under NFIS

Government to enhance deposits to GDP ratio to 55 percent under NFIS

The government plans to enhance deposits to GDP ratio to 55 percent under the National Financial Inclusion Strategy (NFIS) and recommendations in the plan were also endorsed by the sub-committee of Economic Advisory Committee (EAC) in its meetings held on
Published 27 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 27 Dec, 2018 12:00am
Government to enhance deposits to GDP ratio to 55 percent under NFIS

Government to enhance deposits to GDP ratio to 55 percent under NFIS

The government plans to enhance deposits to GDP ratio to 55 percent under the National Financial Inclusion Strategy (NFIS) and recommendations in the plan were also endorsed by the sub-committee of Economic Advisory Committee (EAC) in its meetings held on
Published 27 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 27 Dec, 2018 12:00am
''''Mafias'''' behind gas crisis: PM

''''Mafias'''' behind gas crisis: PM

Prime Minister Imran Khan has reportedly asserted that ''''mafias'''' in refineries and gas sector are responsible for the recent gas crisis in the country. Well-informed sources told Business Recorder that Prime Minister shared these thoughts with
Published 27 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
''Mafias'' behind gas crisis: PM

''Mafias'' behind gas crisis: PM

Prime Minister Imran Khan has reportedly asserted that ''mafias'' in refineries and gas sector are responsible for the recent gas crisis in the country. Well-informed sources told Business Recorder that Prime Minister shared these thoughts with the
Published 27 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 26, 2018)

Published 27 Dec, 2018 12:00am
'Mafias' behind gas crisis: PM

'Mafias' behind gas crisis: PM

Prime Minister Imran Khan has reportedly asserted that 'mafias' in refineries and gas sector are responsible for the recent gas crisis in the country. Well-informed sources told Business Recorder that Prime Minister shared these thoughts with the p
Published 27 Dec, 2018 12:00am
'Mafias' behind gas crisis: PM

'Mafias' behind gas crisis: PM

Prime Minister Imran Khan has reportedly asserted that 'mafias' in refineries and gas sector are responsible for the recent gas crisis in the country. Well-informed sources told Business Recorder that Prime Minister shared these thoughts with the p
Published 27 Dec, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
PPP CEC terms JIT report 'false'

PPP CEC terms JIT report 'false'

Pakistan Peoples Party's central executive committee on Wednesday termed a report presented by a joint investigation team (JIT) probing multi-billion rupees money laundering case "false". The CEC meeting was held in Naudero ahead of death anniversary of f
Published 27 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
Dow jumps 3 percent as US stocks gain more in rebound

Dow jumps 3 percent as US stocks gain more in rebound

Wall Street stocks rallied on Wednesday afternoon, shaking off four straight routs following strong retail sales data and White House reassurances that Fed Chair Jay Powell won''t be fired. Near 2005 GMT, the Dow Jones Industrial Average was at 22,453.74,
Published 27 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
Dow jumps 3 percent as US stocks gain more in rebound

Dow jumps 3 percent as US stocks gain more in rebound

Wall Street stocks rallied on Wednesday afternoon, shaking off four straight routs following strong retail sales data and White House reassurances that Fed Chair Jay Powell won't be fired. Near 2005 GMT, the Dow Jones Industrial Average was at 22,453.74,
Published 27 Dec, 2018 12:00am
Dow jumps 3 percent as US stocks gain more in rebound

Dow jumps 3 percent as US stocks gain more in rebound

Wall Street stocks rallied on Wednesday afternoon, shaking off four straight routs following strong retail sales data and White House reassurances that Fed Chair Jay Powell won't be fired. Near 2005 GMT, the Dow Jones Industrial Average was at 22,453.74,
Published 27 Dec, 2018 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee drifted lower against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee moved slightly versus the dollar for buying and selling at Rs 138.92 and Rs 138.94 respectively, they said.
Published 27 Dec, 2018 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee drifted lower against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee moved slightly versus the dollar for buying and selling at Rs 138.92 and Rs 138.94 respectively, they said.
Published 27 Dec, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 26, 2018).

Published 27 Dec, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Dec, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Dec, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 27 Dec, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 27 Dec, 2018 12:00am
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