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Business & Economy

Business & Economy

Govt releases Rs816mn for petroleum development projects

ISLAMABAD: The government has released as many as Rs 816.

Published 23 Nov, 2016 02:33pm

Business & Economy

Rs100bn kisan package to inject tangible financial input into agriculture sector

BAHAWALPUR: Provincial Minister for Cooperative Malik Muhammad Iqbal Channar has said that government of Punjab's massive Kisan Package amounting to Rs 100 billion would inject tangible financial input into the agriculture sector which would revolutio

Published 23 Nov, 2016 02:13pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Four ships MSC Al-Ghero, Bunga Allium, Sea Delta and Maria-III carrying Containers, palm oil, chemicals and LPG were arranged berthing at Qasim International container Terminal, Liquid cargo terminal, Engro Vopak terminal and SSGC LPG Terminal re

Published 23 Nov, 2016 11:06am

Business & Economy

Textile exports witness mild growth in October

ISLAMABAD: The textile exports from the country witnessed positive growth of 0.

Published 23 Nov, 2016 08:41am

Business & Economy

Saudi Arabia to give two-year multiple visa to Pakistani businessmen: FPCCI

ISLAMABAD: Saudi Arabia will grant a two-year multiple visa to Pakistani businessmen recommended by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

Published 22 Nov, 2016 11:44am

Business & Economy

Export-oriented sectors likely to get Rs 75 billion package

MUSHTAQ GHUMMAN%D%AISLAMABAD: Prime Minister Nawaz Sharif is likely to announce an incentive package for five or six export-oriented sectors to the tune of Rs 65 -75 billion of which textile sector would be the top beneficiary, a senior government officia

Published 22 Nov, 2016 06:33am

Business & Economy

Pak-Turkey trade to be further enhanced

FAISALABAD: Punjab Law Minister Rana Sanaullah Monday said that Pakistan-Turkey trade would be further enhanced in different sectors including agriculture and health.

Published 21 Nov, 2016 04:45pm

Business & Economy

Pakistan extends MFN to all WTO countries except India, Israel

ISLAMABAD: Minister for Commerce Engnr.

Published 21 Nov, 2016 03:59pm

Business & Economy

Polish gas firm PGNiG says increases gas output in Pakistan

WARSAW: Polish state-run gas firm PGNiG said on Monday it has doubled its gas output in Pakistan to more than 0.

Published 21 Nov, 2016 02:33pm

Business & Economy

Sufficient POL products stock available in country

ISLAMABAD: The Ministry of Petroleum and Natural Resources Monday made it clear that the reserve of petroleum products was available in sufficient quantity to meet defence needs of the country.

Published 21 Nov, 2016 01:55pm

Business & Economy

Japan intends to develop trade relations with Pakistan

SIALKOT: Takashi Harada, Head of Economic & Trade Section Embassy of Japan in Islamabad has stressed upon the need of making collective efforts for development of the SMEs.

Published 21 Nov, 2016 12:44pm

Business & Economy

Pakistan to participate in Cuban trade show: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Monday said Pakistan would participate in Cuban trade show, an annual event in which around seventy countries take part.

Published 21 Nov, 2016 12:42pm

Business & Economy

Exporters striving to enhance exports volume

SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI), Majid Raza Bhutta has said that business community of this city was making adequate efforts for enhancing export volume despite some obstacles which could be removed by authorities.

Published 21 Nov, 2016 12:31pm

Business & Economy

Shipping activity at Port Qasim

KARACHI: Three ships Xpress Kailash, Lia-M and Octaden carrying containers, canola seeds and chermicals were allotted berths at Qasim international Container Terminal, Grain & Fertilizer Terminal and Engro Vopak Terminal respectively on Sunday.

Published 21 Nov, 2016 08:21am

Business & Economy

CEO EDB's appointment process to initiate next month

MUSHTAQ GHUMMAN%D%AISLAMABAD: Ministry of Industries and Production (MoI&P) has reportedly decided to initiate the process of appointing a new Chief Executive Officer (CEO) for Engineering Development Board (EDB) next month as the contract of the incumben

Published 21 Nov, 2016 07:22am

Business & Economy

Political stability essential for economic take-off: Ahsan

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal has said political stability and continuity of policies were essential for economic take-off and development in the country.

Published 20 Nov, 2016 08:03pm

Business & Economy

Bullion Prices on Saturday

KARACHI: Following were the Bullion Prices in Karachi, on Saturday.

Published 19 Nov, 2016 02:38pm

Business & Economy

Rs1,492bn transacted through Mobile Banking in one year

ISLAMABAD: Pakistan has witnessed an amount of Rs.

Published 19 Nov, 2016 02:13pm

Business & Economy

Visit of Turkish President to enhance trade ties with Pakistan

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has welcomed the recent visit of Turkish President Tayyip Erdogan to Pakistan, saying that it would help enhance trade and business relations between the two countries.

Published 19 Nov, 2016 01:48pm

Business & Economy

Need stressed to tap global potential in halal food

ISLAMABAD: Chairman of Punjab Halal Development Agency (PHDA) Justice Khalil-u-Rehman Khan has said that Pakistan can become one of the top Halal exporting country for which government and private sector should join hands.

Published 19 Nov, 2016 01:44pm

Business & Economy

Buses, trucks output increase 63pc, 60pc in two months

ISLAMABAD: The production of buses and trucks increased by 62.

Published 19 Nov, 2016 10:01am

Business & Economy

Rs 210mn approved for upgradation of DHQ Hospital, rural health centres

DG KHAN: Over Rs 210 million funds would be spent for upgradation of DHQ Hospital Kot Addu and three rural health centres.

Published 18 Nov, 2016 06:15pm

Business & Economy

US top export destination, China top Import source for Pakistan

ISLAMABAD: The United States of America remained the top export destination of the Pakistani products during the fiscal year 2015, while China was the top import destination from where goods were traded into the country.

Published 18 Nov, 2016 11:56am

Business & Economy

Pakistan, Argentina agree to share knowledge, experiences

ISLAMABAD: Pakistan and Argentina here on Friday agreed for collaborating in field of agriculture development by sharing the knowledge and expertise to enhance per acre crop productivity.

Published 18 Nov, 2016 11:53am

Business & Economy

Weekly inflation witness nominal increase of 0.11pc

ISLAMABAD: The weekly inflation for the week ended on November 17 for the combined income group witnessed an increase of 0.

Published 18 Nov, 2016 10:29am

Business & Economy

Shipping activity at Port Qasim

KARACHI: Three ships CMA CGM Maupassant, Atlantic Glory and New Confidence carrying containers, chemicals, and diesel oil were arranged berthing at Qasim International Container Terminal, Engro Vopak Terminal and FOTCO Oil Terminal respectively on Thursda

Published 18 Nov, 2016 10:14am

Business & Economy

CPEC dream turns into reality as Gwadar Port goes operational

ISLAMABAD: The China Pakistan Economic Corridor (CPEC) had become a reality with the departure of the first trade cargo from Gwadar Port to international destinations, Khaleej Times reported.

Published 18 Nov, 2016 09:59am

Business & Economy

Bullion Prices on Thursday

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

Published 17 Nov, 2016 03:48pm

Business & Economy

SECP organizes Investor Awareness seminar in Karachi

ISLAMABAD: The Securities and Exchange Commission of Pakistan under its initiative of educating the current and potential investors organized a day-long seminar for the trainees and employees of EY Ford Rhodes at ICAP Karachi.

Published 17 Nov, 2016 03:34pm

Business & Economy

President KPCCI welcomes Chinese investors EOI in different sectors of KP

PESHAWAR: President Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI), Haji Muhammad Afzal Thursday welcomed investment offers for Information Technology, Agriculture and other sectors by different Chinese firms in province.

Published 17 Nov, 2016 03:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Petrol/Litre / May 1	288.49
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Diesel/Litre / May 1	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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