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Business & Economy

Business & Economy

LPG production reaches 1.918mmt, imports 0.840mmt, sales 2.559mmt

ISLAMABAD: The Liquefied Petroleum Gas (LPG) sector witnessed multi-fold growth during the past three years as its production crossed 1.

Published 13 Jan, 2017 11:38am

Business & Economy

Country's wheat demand reaches 25 million tons: Senate told

ISLAMABAD: Minister for National Food Security and Research Sikandar Hayat Khan Bosan Thursday informed the Senate that during the last year the demand of wheat in the country was 25 million tons against the production of 25.

Published 12 Jan, 2017 02:15pm

Business & Economy

Exporters urged to take benefit of incentive package

ISLAMABAD: Finance Minister Senator Mohammad Dar Thursday urged exporters to make all efforts to benefit from the export incentive package announced by the prime minister the previous day.

Published 12 Jan, 2017 01:05pm

Business & Economy

Philippines buys around 50,000 tonnes of rice from Pakistan, Vietnam

MANILA: Philippine grains traders have purchased just over 53,000 tonnes of rice from Thailand and Vietnam in recent weeks, looking to boost supply in the wake of typhoons that destroyed local crops in the last quarter of 2016, the government said on Thur

Published 12 Jan, 2017 07:49am

Business & Economy

New Pak-Afghan border controls slow trade to a crawl

CHAMAN: For decades Pakistan and Afghani merchants crossed freely at Chaman, a dusty, wind-swept frontier town in Pakistan's southwest, but an unprecedented bid by Islamabad to impose border controls is sparking fears for bilateral trade.

Published 10 Jan, 2017 07:48am

Business & Economy

FBR seeks sales tax proposals for upcoming budget

ISLAMABAD: The Federal Board of Revenue (FBR) has invited pro-revenue proposals relating to Sales Tax and Federal Excise for the upcoming budget for the Fiscal Year 2017-18.

Updated 25 May, 2017 10:24am

Business & Economy

Exports witness 3.82 percent decrease in six months

ISLAMABAD: The exports from the country during July-December 2016-17 were recorded at $9.

Published 09 Jan, 2017 12:56pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Three ships HS Wagner, Kaimon Galaxy and Distya Ameya carrying containers, chemicals and furnace oil were arranged berthing at Qasim International Container Terminal, Engro Vopak Terminal and FOTCO Oil Terminal respectively on Sunday.

Published 09 Jan, 2017 12:55pm

Business & Economy

Economic indicators show positive growth in first half

ISLAMABAD: Despite several challenges, the macroeconomic stability has been achieved and now the economy is on trajectory path as suggested by many economic indicators.

Published 09 Jan, 2017 10:00am

Business & Economy

Pakistan's once-booming textile industry struggles to bounce back

FAISALABAD: As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet -- but high energy costs and a decade lost to competitors mean recovery is far from assured.

Published 08 Jan, 2017 08:18am

Business & Economy

Export of gems, jewellery boosts under new FPCCI leadership

KARACHI: All Pakistan Gems Merchants and Jewellers Association (APGMJA) pins high hopes with the newly elected body of Federation of Pakistan Chambers of Commerce and Industry; led by Zubair F.

Published 06 Jan, 2017 12:03pm

Business & Economy

Edible oil import reduces by 6.92pc, 39.38pc in five months

ISLAMABAD: Import of edible oil into the country including soyabean and palm oil during first five months of current financial year reduced by 33 percent and 6.

Published 05 Jan, 2017 09:35am

Business & Economy

SECP places conditions on AMCs

SOHAIL SARFRAZ%D%AISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has placed certain conditions on asset management companies (AMCs) for charging of selling and marketing expenses to collective investment schemes managed by them.

Published 05 Jan, 2017 07:17am

Business & Economy

NA body agrees on reconstruction plan for revival of PSM

ISLAMABAD: The National Assembly standing committee on industries and production on Wednesday agreed on reconstruction plan for the revival of Pakistan Steel Mill (PSM) proposed by Privatization Commission.

Published 04 Jan, 2017 03:38pm

Business & Economy

Tea import reduces 7.55pc in five months

ISLAMABAD: Tea import into the country reduced by 7.

Published 04 Jan, 2017 12:38pm

Business & Economy

Mobile phone import falls 14.2pc in Jul-Nov

ISLAMABAD: The import of mobile phones fell by 14.

Published 04 Jan, 2017 12:36pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Four ships C.

Published 04 Jan, 2017 12:31pm

Business & Economy

Pakistan, Malaysia negotiating reduction in tariff line duties

ISLAMABAD: Pakistan and Malaysia are negotiating to further reduce duties on existing and additional tariff lines under Free Trade Agreement (FTA) to facilitate businesses of both countries.

Published 04 Jan, 2017 11:05am

Business & Economy

FBR invites tax proposals for upcoming budget

ISLAMABAD: The Federal Board of Revenue (FBR) has formally initiated process for formulation of proposals for the budget of upcoming financial year 2017-18.

Updated 25 May, 2017 10:24am

Business & Economy

'Billions of dollars can be earned by exporting seedless Kinnow'

FAISALABAD: The country could earn billions of dollars by exporting seedless Kinnow, said Qamar Yusuf, an agriculture expert at the Ayub Agriculture Research Institute, here, on Tuesday.

Published 03 Jan, 2017 11:15am

Business & Economy

GDP on upward trajectory: Dar

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar said on Monday the country's Gross Domestic Product (GDP) appeared to be on upward trajectory.

Published 02 Jan, 2017 03:35pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Two ships C.

Published 02 Jan, 2017 12:21pm

Business & Economy

Rice worth US$557.578mn exported in five months

ISLAMABAD: Rice export from the country during first five months of current financial year was recorded at 1,316.

Published 02 Jan, 2017 10:32am

Business & Economy

OGDCL, MOL produced Rs99.538bn oil, gas from KP

ISLAMABAD: Oil and Gas Development Company (OGDCL) and MOL Pakistan have produced Rs 99.

Published 02 Jan, 2017 09:19am

Business & Economy

Pakistan inflation eases to 3.70pc in December

ISLAMABAD: Pakistan's annual inflation rate eased to 3.

Published 02 Jan, 2017 07:41am

Business & Economy

Pakistan, France need to upgrade bilateral trade, investment

ISLAMABAD: With a stable economy, improved security situation and liberal investment regime, Pakistan offered many attractive investment opportunities for French businessmen and companies.

Published 30 Dec, 2016 04:38pm

Business & Economy

Rs895.264bn earmarked to facilitate less developed areas

ISLAMABAD: Present government during its regime (2013-14 to 2016-17) has allocated a total amount of Rs 895.

Published 30 Dec, 2016 10:31am

Business & Economy

Chinese consortium purchases 40 pct stake in Pakistan Stock Exchange

SHANGHAI: A Chinese-led consortium has purchased a 40 percent stake in the Pakistan Stock Exchange, the Shanghai Stock Exchange said in a statement on Friday.

Published 30 Dec, 2016 10:06am

Business & Economy

FPCCI launches research report on CPEC

KARACHI: Federation of Pakistan Chambers of Commerce and Industry on Wednesday launched a report showing FPCCI's stance on China-Pakistan Economic Corridor ; emphasizing that the government should take into confidence private sector of the country on

Published 28 Dec, 2016 04:43pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Eight ships Maersk Kensington, CMA CGM Thames, Allience Fairfax, Georgia-T Ginga Ocelot, Gemini Gas, Al- Gashamiya and Bahra carrying containers, vehicles, canola seeds, chemicals, LPG, LNG and diesel oil were allotted berths at Qasim Internation

Published 28 Dec, 2016 10:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.61
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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