Trends - Abdul Razak Dawood - Business Recorder

Abdul Razak Dawood

ECC to allow import of cotton, yarn from India

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to allow import of cotton and yarn through...

Published 30 Mar, 2021 05:45am

Business & Finance

PM Khan calls to take all steps through cross-border import of cotton yarn

The advisor informed that a summary will be presented at the next Economic Coordination Committee (ECC) meeting to ensure the availability of cotton and yarn in the coming months.

Published 29 Mar, 2021 04:38pm

BR Research

Interview with Abdul Razak Dawood, Adviser for Commerce and Investment – Ministry of Commerce

“Industries cross-subsidizing very cheap electricity to the domestic sector” In this interview with BR ...

Published 29 Mar, 2021 07:45am

Business & Finance

PYMA urges Razak to remove ACD and RD on synthetic yarns

KARACHI: Senior Vice Chairman of Pakistan Yarn Merchants Association (PYMA), Hanif Lakhany has urged Abdul Razak...

Published 27 Mar, 2021 05:41am

Resumption of Indo-Pak trade now in sight

ISLAMABAD: The ban on trade with India may be lifted soon as the recent get well messages from Indian Prime Minister...

Published 25 Mar, 2021 05:08am

Business & Finance

SBP removes cash margin on Lyophilisers import, to boost COVID vaccination

“This will contribute favourably to our vaccination drive as Lyophilisers are used for stabilisation of vaccines,” said Dawood.

Published 20 Mar, 2021 12:17pm

Pakistan

Meeting of EDF board of administrators held

ISLAMABAD: Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood chaired the 19th Finance...

Updated 19 Mar, 2021 09:34am

Pakistan

Ministry of commerce approves Rs950 million for export related projects

The Committee deliberated various proposals relating to export sectors of Pakistan like leather, cutlery, fisheries, textile, sports goods, garments etc.

Published 18 Mar, 2021 09:02pm

Business & Finance

Govt express delight as reduction in Smuggling increase local Tyre Cos profits

The advisor was of the view that the incumbent government has successfully stopped the process of de-industrialisation and is now working towards industrial expansion.

Published 10 Mar, 2021 02:11pm

Pakistan

Umurzakov, Dawood discuss trade pacts, visa issues

ISLAMABAD: Abdul Razak Dawood, Advisor to the Prime Minister on Commerce and Investment, had a video call with Uzbek...

Updated 09 Mar, 2021 09:39am

Business & Finance

Pakistan to chair CTD of the World Trade Organisation for 2021

“Under Pakistan’s leadership, the CTD would strive to work for expansion of trade & investment opportunities for Developing Countries,” Dawood added.

Published 05 Mar, 2021 03:45pm

Feb trade deficit widens 23.93pc YoY

ISLAMABAD: Pakistan’s trade deficit widened by 23.93 percent on year-on-year basis to $2.517 billion in February...

Updated 04 Mar, 2021 09:38am

Business & Finance

Pakistan's imports Rise by $2.085bn: Razak Dawood

Pakistan's imports increased by $2.085 billion during July-February 2021 as compared to the same period in last financial year.
The increase in Pakistan’s import bill can be attributed to growth in wheat and sugar imports to stabilize the market prices.

Published 03 Mar, 2021 03:00pm

Markets

Firm trend on cotton market amid low volume

KARACHI: The local cotton market remained stable on Tuesday. Market sources told that trading volume was low....

Published 03 Mar, 2021 05:49am

Adviser spells out reasons: Sugar, wheat cotton behind import bill hike

ISLAMABAD: Prime Minister’s Adviser on Commerce and Invest-ment, Abdul Razak Dawood has said that the main reason...

Updated 03 Mar, 2021 09:35am

Business & Finance

ITI Freight Train to resume operations after 9 years: Razak Dawood

The Istanbul-Tehran-Islamabad (ITI) Freight Train will resume operations this March after nine years, according to a recent tweet by Abdul Razak Dawood.

Published 02 Mar, 2021 03:53pm

First 8 months of FY21: Exports grow 4.6pc YoY

ISLAMABAD: The country’s exports have posted a growth of 4.6 percent to $16.3 billion during the first eight ...

Updated 02 Mar, 2021 09:41am

Business & Finance

Despite decline, Pakistan exports remain over $2bn for 5th consecutive month

The advisor informed that the country’s exports for Feb-2021 stand at $2,044 million as compared to $2,140 million for Feb-2020, showing a decline of 4.5 percent.

Published 01 Mar, 2021 04:34pm

Business & Finance

Pakistan among world’s largest manpower provider for online services

The advisor informed that most of the technical manpower is from the IT services sector.

Published 01 Mar, 2021 02:34pm

Sri Lanka offered use of Gwadar Port

ISLAMABAD: Pakistan has offered Sri Lanka use of Gwadar Port for warehousing to facilitate trade with Afghanistan,...

Updated 26 Feb, 2021 09:27am

Business & Finance

Govt to release Rs 5.5bn under DLTL payments for exporters

The advisor informed that the DLTL scheme includes Rs. 1,738 million for non-textiles sector and Rs. 3,762 million for textiles sector.

Published 25 Feb, 2021 11:02am

Business & Finance

Dawood urges Sri Lankan businesses to take advantage of opportunities in Pakistan

Highlighting the trade relations between the two countries since signing the Free Trade Agreement (FTA) back in 2005, the advisor was of the view that since then “our exports have doubled and are now around $400 million. This seems good, but I honestly feel not good enough it doesn't match the relationship that we have between our countries and I feel that it should be much better.”

Published 24 Feb, 2021 12:13pm

Pakistan

Pakistan aims to enhance trade, investment relations with Sri Lanka: Razak

Razak Dawood said Sri Lanka was very important country for Pakistan as “we signed our first-ever FTA with it".

Published 23 Feb, 2021 06:43pm

Markets

PHMA urges govt to abolish duties on cotton yarn imports

FAISALABAD: The value added textile sector is facing severe difficulties due to shortage of yarn. Advisor to the...

Published 19 Feb, 2021 04:07am

GI tag for Basmati rice: IPO submits reply to EU against India's claim

ISLAMABAD: The Intellectual Property Organization (IPO) has submitted it reply to the European Union (EU) against...

Published 19 Feb, 2021 04:07am

Pakistan

Registration of export items under GI to increase country’s export

He said the GI registration of products from various regions of Pakistan was discussed.

Published 18 Feb, 2021 07:04pm

Business & Finance

Make-in-Pakistan Policy showing results, says Dawood as LSMI improves

The advisor was of the view that the growth in the industrial output will not only lead to job creation but it will also contribute to increase in our exports.

Published 16 Feb, 2021 10:23am

Markets

KCA cuts cotton spot rate by Rs100 to Rs11000

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Monday has decreased the spot rate by Rs 100...

Published 16 Feb, 2021 04:07am

Pakistan

Companies’ registration in Pakistan increased: Razak

He urged the investors to take advantage of the ease in company registration offered by SECP to formalize their businesses.

Published 15 Feb, 2021 08:55pm

Markets

Weekly Cotton Review: Bullish trend prevails in local market

KARACHI: Under the influence of increasing trend in the prices of cotton in international cotton market bullish ...

Published 15 Feb, 2021 04:53am

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	155.60
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 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
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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Abdul Razak Dawood

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