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Business & Economy

Business & Economy

Govt to spend Rs20bn to enhance exports in three years

ISLAMABAD: The government would spend Rs.

Published 17 Dec, 2016 01:26pm

Business & Economy

FCCI demands steps for economic turnaround

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) president Rana Sikandar-e- Azam Khan on Friday said that international and regional economic turnaround had necessitated the documentation of economy and in this connection Government of Pakis

Published 17 Dec, 2016 12:57pm

Business & Economy

Govt to spend Rs.20bn to enhance exports in three years

ISLAMABAD: The government would spend Rs.

Published 17 Dec, 2016 10:11am

Business & Economy

ECC rejects summary on revision in LNG implementation strategy

MUSHTAQ GHUMMAN%D%AISLAMABAD: The Economic Co-ordination Committee (ECC) of the Cabinet has reportedly rejected a summary of petroleum ministry regarding a revision in the implementation strategy of Gwadar-Nawabshah LNG terminal and pipeline project, sayi

Published 17 Dec, 2016 07:42am

Business & Economy

Pakistan produces 6.8mn ton rice in 2015-16

ISLAMABAD: The introduction of hybrid seeds has resulted in higher production of rice as the country has produced 6.

Published 16 Dec, 2016 09:51am

Business & Economy

Pakistan supports WTO system to settle international disputes

ISLAMABAD: Secretary , Board of Investment (BOI), Azher Ali Choudhary, supported World Trade Organization (WTO) system which would be a better option for international dispute settlement by expanding the scope of WTO to include investment disputes through

Published 15 Dec, 2016 02:43pm

Business & Economy

LCCI wants reducing electricity, gas tariff for industry

LAHORE: The Executive Committee of Lahore Chamber of Commerce & Industry (LCCI) in a meeting here on Thursday demanded the authorities concerned to reduce electricity and gas tariff for industry.

Published 15 Dec, 2016 02:36pm

Business & Economy

Services trade deficit expands 53.93pc in July-Oct

ISLAMABAD: The services trade deficit during the first four months (July-Oct) of fiscal year 2016-17 increased by 53.

Published 15 Dec, 2016 02:11pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: C.

Published 15 Dec, 2016 02:08pm

Business & Economy

Businessmen hail PM's economic policies

ISLAMABAD: The country's leading businessmen and exporters Thursday lauded the business-friendly policies of Prime Minister Muhammad Nawaz Sharif saying the country had gained significant economic stability in three years.

Published 15 Dec, 2016 01:36pm

Business & Economy

Colombia keen to enhance trade ties with Pakistan

ISLAMABAD: Ambassador-designate of Colombia to Pakistan Juan Alfredo Pinto Saavedra Thursday said Colombia was interested to enhance trade relations with Pakistan and the best way to achieve this goal was to develop business linkages between the private s

Published 15 Dec, 2016 01:30pm

Business & Economy

Bullion Prices on Thursday

KARACHI: Following were the Bullion Prices in Karachi, Lahore and Multan on Thursday.

Published 15 Dec, 2016 01:17pm

Business & Economy

Dar urges business community to support govts economic policies

ISLAMABAD: Minister for Finance Senator Muhammad Ishaq Dar Thursday urged the business community to support the prime minister and his teams economic policies for the socio-economic prosperity of the country.

Published 15 Dec, 2016 10:42am

Business & Economy

LCCI suggests launching of shares of Bhasha, other dams in stock markets

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) Wednesday suggested the Ministry of Finance to launch shares of Diamir Bhasha and other proposed dams in domestic and international stock markets to generate funds for the mega projects.

Published 14 Dec, 2016 07:31pm

Business & Economy

Dar directs BoI to formulate long term investment plan

ISLAMABAD: Minister for Finance Mohammad Ishaq Dar Wednesday directed the Board of Investment (BoI) for formulating a long term investment plan focusing on sectors which had potential to absorb maximum investments and create more job opportunities in coun

Published 14 Dec, 2016 02:29pm

Business & Economy

Bullion Prices on Wednesday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad, Multan and Lahore on Wednesday.

Published 14 Dec, 2016 01:58pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Shipping activity remained active at the Port where five ships Maersk Memphis, UASC Al-Khor, Liberty-N, Johan Oldendorff and Rebecca Schulte carrying Containers, LPG, Coal, and Palm oil were arranged berthing at Qasim International Container Term

Published 14 Dec, 2016 12:43pm

Business & Economy

External debt servicing reaches $1.5 billion in Q1

RIZWAN BHATTI%D%AKARACHI: The country's external debt servicing reached $1.

Published 14 Dec, 2016 06:28am

Business & Economy

July-November trade deficit widens by 19.9 percent YoY

ZAHEER ABBASI%D%AISLAMABAD: Trade deficit has widened by 19.

Published 14 Dec, 2016 06:10am

Business & Economy

PSM to be privatised in three months: National Assembly panel told

RECORDER REPORT%D%AISLAMABAD: A parliamentary panel was informed on Tuesday that Pakistan Steel Mills Corporation (PSM) would be privatised in three months.

Published 14 Dec, 2016 05:53am

Business & Economy

KCCI pays glowing tribute to outgoing Corps Commander, DG Rangers

KARACHI: The leadership of Businessmen Group (BMG) in KCCI and the office bearers of Karachi Chamber of Commerce and Industry (KCCI) have congratulated Lt Gen Naveed Mukhtar and Lt Gen Bilal Akbar on their appointments as DG ISI and Chief of General Staff

Published 13 Dec, 2016 08:59pm

Business & Economy

Pak businessmen invited to Nordic summit

LAHORE: Nordic Pakistan Business Summit (NPBS) will be held at the start of next year in Finland and Pakistani business community must participate in this event as it will provide them a platform to establish new business contacts in Nordic region (Finlan

Published 13 Dec, 2016 03:54pm

Business & Economy

Bullion Prices on Tuesday

KARACHI: Following were the Bullion Prices in Karachi, Multan and Lahore on Tuesday.

Published 13 Dec, 2016 03:43pm

Business & Economy

FCCI trade delegations aimed at enhancing exports

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Muhammad Saeed Sheikh Tuesday said that ultimate objective of sending trade delegations was to enhance Pakistani exports and introducing Faisalabad as a safe export destinat

Published 13 Dec, 2016 03:31pm

Business & Economy

SBP organizes lecture on state capacities for economic growth

KARACHI: State Bank of Pakistan (SBP) organized 21st Zahid Husain Memorial Lecture on " State Capacities for Delivering Higher Economic Growth.

Published 13 Dec, 2016 03:08pm

Business & Economy

Sri Lanka keen to promote trade with Pakistan

ISLAMABAD: High Commissioner of Democratic Socialist Republic of Sri Lanka Major General (r) Jayanath Lokukatagodage Tuesday said Sri Lanka was keen to promote trade with Pakistan as enhanced trade would help in improving living standards of the people of

Published 13 Dec, 2016 02:27pm

Business & Economy

Merchandise exports rise 6.21pc in November

ISLAMABAD: The merchandise exports from the country rose to US $1.

Published 13 Dec, 2016 02:24pm

Business & Economy

CPEC to play pivotal role in transforming economy: Ahsan Iqbal

ISLAMABAD: Minister for Planning, Development and Reforms, Prof.

Published 13 Dec, 2016 12:22pm

Business & Economy

Innovation, technology can lead Pakistan to become export powerhouse: WB report

ISLAMABAD: South Asia could become the fastest growing exporting region of the world if authorities in Pakistan and its South Asian neighbors implement a set of policy actions aimed at improving the business environment, connecting to global value chains

Published 13 Dec, 2016 10:48am

Business & Economy

E-commerce in Pakistan expected to reach $1 billion by 2020: Khurram

ISLAMABAD: Minister for Commerce Khurram Dastgir Khan has said e-commerce in Pakistan is expected to reach $1 billion by 2020.

Published 10 Dec, 2016 07:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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