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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-18
FDI, forex buildup: ABC for allowing international insurers to operate

FDI, forex buildup: ABC for allowing international insurers to operate

The American Business Council (ABC) has proposed to the government to allow international insurers, which meet minimum capital requirements locally, to open branches in Pakistan, aimed at attracting Foreign Direct Investment (FDI) and contributing towards
Published 18 Jan, 2019 12:00am
FDI, forex buildup: ABC for allowing international insurers to operate

FDI, forex buildup: ABC for allowing international insurers to operate

The American Business Council (ABC) has proposed to the government to allow international insurers, which meet minimum capital requirements locally, to open branches in Pakistan, aimed at attracting Foreign Direct Investment (FDI) and contributing towards
Published 18 Jan, 2019 12:00am
SBP''s forex reserves slip below $7 billion

SBP''s forex reserves slip below $7 billion

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell below $7 billion at the end of last week due to external debt servicing. Weekly FX report revealed that the SBP''s reserves decreased by $148 million due to external debt servicing an
Published 18 Jan, 2019 12:00am
SBP's forex reserves slip below $7 billion

SBP's forex reserves slip below $7 billion

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell below $7 billion at the end of last week due to external debt servicing. Weekly FX report revealed that the SBP's reserves decreased by $148 million due to external debt servicing and
Published 18 Jan, 2019 12:00am
SBP's forex reserves slip below $7 billion

SBP's forex reserves slip below $7 billion

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell below $7 billion at the end of last week due to external debt servicing. Weekly FX report revealed that the SBP's reserves decreased by $148 million due to external debt servicing and
Published 18 Jan, 2019 12:00am
Anjum Asad made Member NTC for five years

Anjum Asad made Member NTC for five years

The federal government has appointed Anjum Asad Amin as Member National Tariff Commission (NTC) for five years, official sources told Business Recorder. The NTC was initially established through the NTC Act 1990 under the Ministry of Commerce (MoC)
Published 18 Jan, 2019 12:00am
Anjum Asad made Member NTC for five years

Anjum Asad made Member NTC for five years

The federal government has appointed Anjum Asad Amin as Member National Tariff Commission (NTC) for five years, official sources told Business Recorder. The NTC was initially established through the NTC Act 1990 under the Ministry of Commerce (MoC)
Published 18 Jan, 2019 12:00am
Anjum Asad made Member NTC for five years

Anjum Asad made Member NTC for five years

The federal government has appointed Anjum Asad Amin as Member National Tariff Commission (NTC) for five years, official sources told Business Recorder. The NTC was initially established through the NTC Act 1990 under the Ministry of Commerce (MoC)
Published 18 Jan, 2019 12:00am
Anjum Asad made Member NTC for five years

Anjum Asad made Member NTC for five years

The federal government has appointed Anjum Asad Amin as Member National Tariff Commission (NTC) for five years, official sources told Business Recorder. The NTC was initially established through the NTC Act 1990 under the Ministry of Commerce (MoC)
Published 18 Jan, 2019 12:00am
Precarious state of economy

Precarious state of economy

During an interview with a Turkish TV, the Prime Minister remarked that his government faced multiple challenges but the economic challenge was the foremost and that he was pleased that in the last four months, the economy was stabilised, and now the gove
Published 18 Jan, 2019 12:00am
Precarious state of economy

Precarious state of economy

During an interview with a Turkish TV, the Prime Minister remarked that his government faced multiple challenges but the economic challenge was the foremost and that he was pleased that in the last four months, the economy was stabilised, and now the gove
Published 18 Jan, 2019 12:00am
Cabinet constitutes EDB

Cabinet constitutes EDB

The federal cabinet on Thursday constituted Engineering Development Board (EDB) with Almas Hyder as its chairman. This has been materialised with the untiring efforts of Prime Minister''s Advisor on Commerce, Textile, Industries and Production and Investm
Published 18 Jan, 2019 12:00am
Cabinet constitutes EDB

Cabinet constitutes EDB

The federal cabinet on Thursday constituted Engineering Development Board (EDB) with Almas Hyder as its chairman. This has been materialised with the untiring efforts of Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investme
Published 18 Jan, 2019 12:00am
Cabinet constitutes EDB

Cabinet constitutes EDB

The federal cabinet on Thursday constituted Engineering Development Board (EDB) with Almas Hyder as its chairman. This has been materialised with the untiring efforts of Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investme
Published 18 Jan, 2019 12:00am
Government has little appetite for austerity: Fitch Solutions
Currency

Government has little appetite for austerity: Fitch Solutions

The latest round of ''''Chinese largesse'''' has given Islamabad confidence to snub the International Monetary Fund''''s (IMF''''s) more stringent requirements for obtaining funds, says Fitch Solutions. Fitch Solutions in its latest report "Industry Trend
Published 18 Jan, 2019 12:00am
Government has little appetite for austerity: Fitch Solutions
Currency

Government has little appetite for austerity: Fitch Solutions

The latest round of ''Chinese largesse'' has given Islamabad confidence to snub the International Monetary Fund''s (IMF''s) more stringent requirements for obtaining funds, says Fitch Solutions. Fitch Solutions in its latest report "Industry Trend Analysi
Published 18 Jan, 2019 12:00am
Government has little appetite for austerity: Fitch Solutions
Currency

Government has little appetite for austerity: Fitch Solutions

The latest round of 'Chinese largesse' has given Islamabad confidence to snub the International Monetary Fund's (IMF's) more stringent requirements for obtaining funds, says Fitch Solutions. Fitch Solutions in its latest report "Industry Trend Analysis -
Published 18 Jan, 2019 12:00am
Government has little appetite for austerity: Fitch Solutions
Currency

Government has little appetite for austerity: Fitch Solutions

The latest round of 'Chinese largesse' has given Islamabad confidence to snub the International Monetary Fund's (IMF's) more stringent requirements for obtaining funds, says Fitch Solutions. Fitch Solutions in its latest report "Industry Trend Analysis -
Published 18 Jan, 2019 12:00am
BRIndex100 flat

BRIndex100 flat

Pakistan Stock Exchange Thursday ended on a negative note due to selling in various sectors. BRIndex100 lost 3.64 points or 0.09 percent to close at 4,156.53 points. BRIndex100 touched intraday high of 4,162.58 and intraday low of 4,099.23 points. Volumes
Published 18 Jan, 2019 12:00am
BRIndex100 flat

BRIndex100 flat

Pakistan Stock Exchange Thursday ended on a negative note due to selling in various sectors. BRIndex100 lost 3.64 points or 0.09 percent to close at 4,156.53 points. BRIndex100 touched intraday high of 4,162.58 and intraday low of 4,099.23 points. Volumes
Published 18 Jan, 2019 12:00am
BRIndex100 flat

BRIndex100 flat

Pakistan Stock Exchange Thursday ended on a negative note due to selling in various sectors. BRIndex100 lost 3.64 points or 0.09 percent to close at 4,156.53 points. BRIndex100 touched intraday high of 4,162.58 and intraday low of 4,099.23 points. Volumes
Published 18 Jan, 2019 12:00am
The Weather

The Weather

The weather report on Thursday (January 17, 2019) and the forecast for Friday (January 18, 2019).

Published 18 Jan, 2019 12:00am
Divisible pool: MoF rejects Sindh government''''s claim

Divisible pool: MoF rejects Sindh government''''s claim

Finance Ministry has refuted Sindh government''''s claim that the federal government transferred Rs 90 billion less to the province from divisible pool share during the current fiscal year, saying that the share of the province increased both in absolute
Published 18 Jan, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
Divisible pool: MoF rejects Sindh government''s claim

Divisible pool: MoF rejects Sindh government''s claim

Finance Ministry has refuted Sindh government''s claim that the federal government transferred Rs 90 billion less to the province from divisible pool share during the current fiscal year, saying that the share of the province increased both in absolute an
Published 18 Jan, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 18 Jan, 2019 12:00am
Divisible pool: MoF rejects Sindh government's claim

Divisible pool: MoF rejects Sindh government's claim

Finance Ministry has refuted Sindh government's claim that the federal government transferred Rs 90 billion less to the province from divisible pool share during the current fiscal year, saying that the share of the province increased both in absolute and
Published 18 Jan, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 18 Jan, 2019 12:00am
Divisible pool: MoF rejects Sindh government's claim

Divisible pool: MoF rejects Sindh government's claim

Finance Ministry has refuted Sindh government's claim that the federal government transferred Rs 90 billion less to the province from divisible pool share during the current fiscal year, saying that the share of the province increased both in absolute and
Published 18 Jan, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
Hitachi freezes British nuclear project

Hitachi freezes British nuclear project

Hitachi on Thursday froze construction of a nuclear power station in Wales due to financing difficulties, dealing a major blow to Britain''s energy strategy and leaving the Japanese firm with a huge bill. Shelving the project at the Wylfa Newydd plant on
Published 18 Jan, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 17, 2019)

Published 18 Jan, 2019 12:00am
Hitachi freezes British nuclear project

Hitachi freezes British nuclear project

Hitachi on Thursday froze construction of a nuclear power station in Wales due to financing difficulties, dealing a major blow to Britain's energy strategy and leaving the Japanese firm with a huge bill. Shelving the project at the Wylfa Newydd plant on A
Published 18 Jan, 2019 12:00am
Hitachi freezes British nuclear project

Hitachi freezes British nuclear project

Hitachi on Thursday froze construction of a nuclear power station in Wales due to financing difficulties, dealing a major blow to Britain's energy strategy and leaving the Japanese firm with a huge bill. Shelving the project at the Wylfa Newydd plant on A
Published 18 Jan, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
December current account deficit up 37 percent MoM

December current account deficit up 37 percent MoM

The country''s current account deficit rose sharply by 37 percent in December 2018 compared to November 2018. With some concrete measures taken by the federal government to curtail imports, the CA deficit was being estimated about one billion dollars in t
Published 18 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
December current account deficit up 37 percent MoM

December current account deficit up 37 percent MoM

The country's current account deficit rose sharply by 37 percent in December 2018 compared to November 2018. With some concrete measures taken by the federal government to curtail imports, the CA deficit was being estimated about one billion dollars in th
Published 18 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
December current account deficit up 37 percent MoM

December current account deficit up 37 percent MoM

The country's current account deficit rose sharply by 37 percent in December 2018 compared to November 2018. With some concrete measures taken by the federal government to curtail imports, the CA deficit was being estimated about one billion dollars in th
Published 18 Jan, 2019 12:00am
Cargill to invest over $200 million in next 3 to 5 years
Cotton

Cargill to invest over $200 million in next 3 to 5 years

A renowned global company, Cargill on Thursday renewed its long standing commitment to Pakistan by announcing plans to invest more than US$200 million in the next 3-5 years. The announcement was made here on Thursday during meeting of Cargill''s global ex
Published 18 Jan, 2019 12:00am
Cargill to invest over $200 million in next 3 to 5 years
Cotton

Cargill to invest over $200 million in next 3 to 5 years

A renowned global company, Cargill on Thursday renewed its long standing commitment to Pakistan by announcing plans to invest more than US$200 million in the next 3-5 years. The announcement was made here on Thursday during meeting of Cargill's global exe
Published 18 Jan, 2019 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee showed slight changes in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee moved little versus the dollar for buying and selling at Rs 138.90 and Rs 138.91 respectively, they said.
Published 18 Jan, 2019 12:00am
Cargill to invest over $200 million in next 3 to 5 years
Cotton

Cargill to invest over $200 million in next 3 to 5 years

A renowned global company, Cargill on Thursday renewed its long standing commitment to Pakistan by announcing plans to invest more than US$200 million in the next 3-5 years. The announcement was made here on Thursday during meeting of Cargill's global exe
Published 18 Jan, 2019 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee showed slight changes in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee moved little versus the dollar for buying and selling at Rs 138.90 and Rs 138.91 respectively, they said.
Published 18 Jan, 2019 12:00am
CJP-designate for inter-institution dialogue

CJP-designate for inter-institution dialogue

The Supreme Court on Thursday proposed that President of Pakistan should hold an inter-institution dialogue at the summit level to take stock of mistakes committed in the past and come up with a 'Charter of Governance' so as to ensure that such mistakes a
Published 18 Jan, 2019 12:00am
CJP-designate for inter-institution dialogue

CJP-designate for inter-institution dialogue

The Supreme Court on Thursday proposed that President of Pakistan should hold an inter-institution dialogue at the summit level to take stock of mistakes committed in the past and come up with a 'Charter of Governance' so as to ensure that such mistakes a
Published 18 Jan, 2019 12:00am
Khalilzad, Janjua hold talks

Khalilzad, Janjua hold talks

US Special Representative for Afghan Reconciliation Ambassador Zalmay Khalilzad arrived here on Thursday and held talks with Foreign Secretary Tehmina Janjua on possible advancement of Afghan peace process, as Taliban remained reluctant to hold direct dia
Published 18 Jan, 2019 12:00am
Khalilzad, Janjua hold talks

Khalilzad, Janjua hold talks

US Special Representative for Afghan Reconciliation Ambassador Zalmay Khalilzad arrived here on Thursday and held talks with Foreign Secretary Tehmina Janjua on possible advancement of Afghan peace process, as Taliban remained reluctant to hold direct dia
Published 18 Jan, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Jan, 2019 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Jan, 2019 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Jan, 2019 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 18 Jan, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 17, 2019).

Published 18 Jan, 2019 12:00am
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