Home - Business Recorder

Updated 14 Dec, 2024 11:33am

Special Economic Zones: Entities asked to address issues facing investors

BoI holds meeting of Working Group on SEZs in response to request from Special Investment Facilitation Council, as per well-informed sources

Chinese investors ink five MoUs in Karachi

Updated 14 Dec, 2024 12:20pm

Govt envisages increasing IT sector exports to $4.2bn

Updated 14 Dec, 2024 12:08pm

New corridors being added: Minister unveils plans for CPEC upgrade in Phase-II

Updated 14 Dec, 2024 09:26am

DPF jumps 48pc to Rs148bn by FY24-end

Updated 14 Dec, 2024 11:34am

World

Canada says it will respond robustly if US imposes tariffs

Published 14 Dec, 2024 11:27am

Madrassah registration: President says ‘new law is unnecessary’

Updated 14 Dec, 2024 09:44am

Captive power plants: Govt talking with IMF, others to avoid closure

Updated 14 Dec, 2024 11:34am

MoEA concerned about slow work at DHP

Updated 14 Dec, 2024 12:08pm

Income Tax Ordinance 2001: Commissioner does not fall under definition of ‘person’: ATIR Islamabad

Updated 14 Dec, 2024 09:43am

Pak-EU ties make significant strides since grant of GSP

Updated 14 Dec, 2024 09:33am

Must Read

Editorials

President Xi’s warning

Opinion

Less than modest economic recovery?

Editorials

Curbs on digital freedoms

Opinion

Walking is a blessing

BR Research

Monetary policy: Balancing rate cuts and inflation

Editorials

Blaming IMF for inflation!

Opinion

FBR: Messing up a messy law

Business & Finance

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

BR Research

Unlocking Pakistan’s potential in medical technology

Opinion

Pakistan’s economic outlook 2025: inflation, growth, & debt

Editorials

Rising remittance flows

Recorder headlines

Plane carrying 318 stranded Pakistanis in Syria lands in Pakistan

Recorder headlines

D-Chowk protest: PTI’s Gohar demands probe into alleged deaths

Recorder headlines

Budget 2024-25: income tax calculator for FY25

Monetary policy: Balancing rate cuts and inflation

NJLI Sarmaya Growth Fund Rates

Population, economy: ICJ apprised of woeful climate change impacts

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Google: what did Pakistanis ask the search engine in 2024

World Bank approves $240mn for WASH services in Karachi

Over 50 Chinese cos to invest $1.4bn in Sindh projects

FBR: Messing up a messy law

KSE-100 rebounds after over 1,500-point intra-day loss, closes in the green

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	153.65
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.26
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
India Sensex / Dec 13	82,133.12
Tokyo Nikkei / Dec 13	39,470.44
Nasdaq / Dec 13	19,926.72
Hang Seng / Dec 13	19,971.24
FTSE 100 / Dec 13	8,300.33
Dow Jones / Dec 13	44,828.06
Germany DAX 30 / Dec 13	20,405.92

Item	Value
Crude Oil USD/Barrel / Dec 13	71.29
Karachi Cotton PKR/37.32 KG / Dec 13	17,585
Gold 10 Grams PKR / Dec 13	242,373.80
Gold Spot USD/Ounce / Dec 13	2,648.23
Cotton US¢/pound / Dec 13	69.27
Petrol/Litre / Dec 14	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 13 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 13 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 13 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 13 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 13 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)

Stock	Price
First Capital Equities / Dec 13 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 13 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 13 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 13 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 13 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)

Stock	Volume
WorldCall Telecom / Dec 13 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 13 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 13 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 13 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 13 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03

Markets →

Recorder headlines

Plane carrying 318 stranded Pakistanis in Syria lands in Pakistan

Recorder headlines

D-Chowk protest: PTI’s Gohar demands probe into alleged deaths

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	153.65
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.26
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
India Sensex / Dec 13	82,133.12
Tokyo Nikkei / Dec 13	39,470.44
Nasdaq / Dec 13	19,926.72
Hang Seng / Dec 13	19,971.24
FTSE 100 / Dec 13	8,300.33
Dow Jones / Dec 13	44,828.06
Germany DAX 30 / Dec 13	20,405.92

Item	Value
Crude Oil USD/Barrel / Dec 13	71.29
Karachi Cotton PKR/37.32 KG / Dec 13	17,585
Gold 10 Grams PKR / Dec 13	242,373.80
Gold Spot USD/Ounce / Dec 13	2,648.23
Cotton US¢/pound / Dec 13	69.27
Petrol/Litre / Dec 14	252.10

Monetary policy: Balancing rate cuts and inflation

NJLI Sarmaya Growth Fund Rates

Population, economy: ICJ apprised of woeful climate change impacts

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Google: what did Pakistanis ask the search engine in 2024

World Bank approves $240mn for WASH services in Karachi

Over 50 Chinese cos to invest $1.4bn in Sindh projects

FBR: Messing up a messy law

KSE-100 rebounds after over 1,500-point intra-day loss, closes in the green

Business & Finance

Energy

PM orders reduction in power tariffs

ISLAMABAD: In a bid to bring down the soaring electricity tariffs, Prime Minister Shehbaz Sharif directed the... Published 14 Dec, 2024 06:46am

BR Research

Monetary policy: Balancing rate cuts and inflation

The monetary policy is due on Monday. The market rates (T-Bills and KIBOR) have already plummeted, making the...

Published 13 Dec, 2024 08:24am

2024-12-14-04-00

MPS on Monday

KARACHI: The Monetary Policy Committee (MPC) of the SBP will meet on Monday (Dec 16) 2024 to decide the monetary... Published 14 Dec, 2024 06:46am

2024-12-14-04-00

Sufficient fertiliser stock available

ISLAMABAD: A high-level Cabinet Committee has observed on Friday that there are sufficient and stable stocks of... Published 14 Dec, 2024 06:46am

BR Research

Unlocking Pakistan’s potential in medical technology

Pakistan’s journey in precision engineering, particularly in the medical technology sector, reflects both immense...

Published 13 Dec, 2024 08:27am

2024-12-14-03-50

World Bank approves $240m for Karachi’s water & sanitation project

KARACHI: The World Bank has approved $240 million to improve water and sewerage services in Karachi through the... Published 14 Dec, 2024 07:34am

2024-12-14-03-14

Use of AI: Minister for global regulatory framework

ISLAMABAD: Federal Minister for Information Attaullah Tarar emphasised the need for a global regulatory framework to... Published 14 Dec, 2024 07:55am

2024-12-14-03-14

KATI urges SBP to cut policy rate by 500bps

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi Friday urged the State Bank... Published 14 Dec, 2024 08:09am

2024-12-14-03-14

Indonesia wants to promote trade with Pakistan: CG

KARACHI: Indonesian Acting Consul General Teguh Wiweko is optimistic about the potential for promoting trade between... Published 14 Dec, 2024 08:10am

Statistics

SPI-based inflation rises slightly

ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended December 12, 2024, increased by 0.07... Published 14 Dec, 2024 06:46am

BR Research

Prosperity Weaving Mills Limited

Prosperity Weaving Mills Limited (PSX: PRWM) was incorporated in Pakistan as a public limited company in 1991. The...

Published 13 Dec, 2024 08:39am

BR Research

Discos: Dancing to the tune of inefficiency

NEPRA’s FY24 Performance Evaluation Report is out, and the results are depressingly predictable. Pakistan’s power...

Published 12 Dec, 2024 08:42am

BR Research

Forget FY24

In 2021, buckling under the pressure of a rising import bill, soaring inflation, and shrinking reserves, the State...

Published 12 Dec, 2024 08:37am

BR Research

Pakistan Services Limited

Pakistan Services Limited (PSX: PSEL) was incorporated in Pakistan as a public limited company in 1958. The company...

Published 12 Dec, 2024 08:32am

Pakistan

2024-12-14-04-00

May 9 cases: SC conditionally allows army to announce verdicts

ISLAMABAD: The constitutional bench of the Supreme Court, on Friday, conditionally allowed military courts to... Published 14 Dec, 2024 06:46am

2024-12-14-04-00

Forces kill 43 terrorists in Balochistan, KP operations

ISLAMABAD: Security forces have successfully neutralised 43 terrorists since December 9, 2024, during extensive... Published 14 Dec, 2024 06:46am

2024-12-14-03-50

Corrigendum

This is apropos a news item ‘’Nepra to approve Rs27/unit negative adjustment’’ carried by the newspaper... Published 14 Dec, 2024 06:46am

Security forces kill 16 terrorists in KP, Balochistan operations: ISPR

Security forces have killed 16 terrorists in extensive intelligence-based operations (IBOs) in Khyber Pakhtunkhwa... Updated 13 Dec, 2024 09:56pm

2024-12-14-03-50

SJC disposes of 30 complaints

ISLAMABAD: The Supreme Judicial Council (SJC), on Friday, disposed of 30 complaints and sought comments in five... Published 14 Dec, 2024 07:36am

2024-12-14-03-14

Use of data stressed for sustainable growth

ISLAMABAD: Prime Minister's Coordinator on Climate Change Romina Khurshid Alam emphasised the transformative power ... Published 14 Dec, 2024 07:38am

World

2024-12-14-03-50

‘Huge disappointment’ at the attitude of top polluters

THE HAGUE: As marathon climate change hearings wrapped up Friday at the world’s top court, a representative for... Published 14 Dec, 2024 07:32am

Scholz says ‘integrated’ Syrian refugees ‘welcome’ to stay in Germany

BERLIN: German Chancellor Olaf Scholz on Friday said that well-integrated Syrian refugees are welcome to stay, as... Published 14 Dec, 2024 03:59am

Europe

Turkey says told Russia, Iran not to intervene militarily in Syria rebel push

ANKARA: Turkey said Friday it had urged Russia and Iran not to intervene militarily to support Bashar al-Assad’s... Published 14 Dec, 2024 04:03am

Europe

Dutch court rules against ban on arms exports to Israel

THE HAGUE: A Dutch court on Friday rejected demands by pro-Palestinian groups for a ban on arms exports from the... Published 13 Dec, 2024 11:34pm

South Asia

South Korea’s Yoon faces second impeachment vote over martial law bid

SEOUL: A defiant South Korean President Yoon Suk Yeol faces a second impeachment vote on Saturday over his... Published 14 Dec, 2024 10:15am

Editorials

President Xi’s warning

EDITORIAL: Chinese President Xi has warned the incoming Trump administration that there will be no winners in a ...

Curbs on digital freedoms

EDITORIAL: In yet another example of how the government’s high-handed approach towards controlling of digital...

Blaming IMF for inflation!

EDITORIAL: In response to a query from a member of the Treasury benches, Tahira Aurangzeb, the Ministry of Finance...

An unnecessary disputation

EDITORIAL: The madressah’s registration bill has ended up triggering an unsavoury controversy between the ...

Rising remittance flows

EDITORIAL: Remittances surged by 34 percent year-on-year to 14.76 billion dollars July-November 2024 against 11...

Opinion

Less than modest economic recovery?

Farhat Ali

International Monetary Fund (IMF) programme under the Extended Fund Facility rolled out this September has spurred...

Walking is a blessing

Zia Ul Islam Zuberi

Walking is such a blessing. You realize when, for one reason or the other, this God given gift is restricted or...

PARTLY FACETIOUS: ‘Ex’ is not an epithet; it’s a prefix

Anjum Ibrahim

“Do we have an award with the title of Person of the Year?” “Well, we have other much coveted titles.” “For...

FBR: Messing up a messy law

Huzaima Bukhari | Dr Ikramul Haq | Abdul Rauf Shakoori

Actus legis nemini facit injurium (A party should not suffer on account of an act or omission by the Court or State...

Pakistan’s economic outlook 2025: inflation, growth, & debt

Dr Omer Javed

Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer...

Perspectives

What now after the ‘do-or-die’ march

Umair Jamal

Weeks after the PTI’s “do or die” march failed to secure his release from prison, former Pakistani prime minister...

Financial inclusion through Islamic fintech: path to sustainable development

Shaha Tariq

“The fault-line of the Coleridgean sublime-as a tremulous border region wherein the desire for transcendence is...

Four things you need to know before accepting a job offer

Khadija Husain

The most intimidating phase of the job process is done and over with, and you now have the prized job offer. Our...

Life Style

Retired cop finds trove of unreleased Jackson songs: report

LOS ANGELES: A retired California highway patrolman has stumbled into possession of a trove of unreleased Michael... Published 14 Dec, 2024 11:32am

Life & Style

Allu Arjun arrested after stampede death at ‘Pushpa 2’ screening

Updated 13 Dec, 2024 06:44pm

Life & Style

Taylor Swift closed her Eras tour on top of the world. Now what?

Published 13 Dec, 2024 01:32pm

Sports

Rain halts third Australia v India Test

Rain halted the resumption of play after lunch on day one of the third Test between Australia and India in Brisbane... Published 14 Dec, 2024 10:10am

Sports

8th AHC-PCB Girls’ Cricket Cup: Australia empowering girls through cricket

Published 14 Dec, 2024 06:46am

Sports

Hendricks ton takes S Africa to T20 series win over Pakistan

Published 14 Dec, 2024 01:37am

Bangladesh’s Shakib Al Hasan banned from bowling in ECB competitions

LONDON: Bangladesh all-rounder Shakib Al Hasan has been banned from bowling in England and Wales Cricket Board... Published 13 Dec, 2024 11:39pm

Sports

Pakistan allrounder Imad Wasim retires from international cricket

Published 13 Dec, 2024 07:21pm

Sports

Man City announce record Premier League revenue

Published 13 Dec, 2024 02:52pm

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