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Chinese company

Refinery sector: SIFC for assessing Sinopec’s interest

ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting

Updated 06 Nov, 2023 12:04pm

Business & Finance

Maintenance dredging Pakistan’s responsibility: ‘91pc profit from Gwadar Port operations goes to Chinese firm’

ISLAMABAD: A parliamentary panel was informed on Friday that maintenance dredging of Gwadar Port is the...

Published 06 May, 2023 06:23am

Pakistan

Fire ruins warehouse complex at Dasu hydropower project

One police official says electrical fault suspected cause of the fire

Published 04 Apr, 2023 12:18pm

‘Shady’ contract to Chinese firm: Senate panel accuses World Bank office of ‘conniving’ with NTDC

ISLAMABAD: Raising serious questions over the award of contract of 765kV Dasu–Mansehra–Islamabad transmission line...

Updated 23 Mar, 2023 06:40pm

Technology

Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown

NEW DELHI/LUCKNOW: Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones,...

Published 16 Mar, 2023 11:15am

Pakistan

PM says agreement with IMF to be reached this month

ISLAMABAD: Prime Minister Shehbaz Sharif Friday expressed optimism about an agreement with the International ...

Published 28 Jan, 2023 06:20am

Business & Finance

‘Gwadar plants on Thar coal’: Two Chinese loans to be confirmed soon

ISLAMABAD: China has reaffirmed strong resolve to extend financial support to Pakistan including early confirmation...

Updated 19 Jan, 2023 08:39am

Markets

Afghanistan’s Taliban administration in oil extraction deal with Chinese company

KABUL: Afghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the...

Published 05 Jan, 2023 02:30pm

Oil refinery project: Chinese team visits Gwadar

ISLAMABAD: In order to materialise the $4.5 billion oil refinery project in Gwadar, five-member delegation of...

Updated 21 Dec, 2022 09:58am

Business & Finance

Efforts underway for formulating 10-year plan for PR: minister

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has said that 46 coaches from China have arrived in...

Published 05 Dec, 2022 05:47am

Business & Finance

Pakistan receives first batch of high-speed rail coaches from China

KARACHI: Pakistan Railways on Sunday received the first 46 out of 230 new high-speed passenger coaches from China....

Updated 28 Nov, 2022 10:57am

Business & Finance

‘Illegal’ refund to a company: FTO directs FBR to assign ‘organised tax fraud case’ to inquiry team

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to assign...

Published 16 Nov, 2022 05:50am

Spot coal bidding: Chinese firm wants revised mechanism

ISLAMABAD: Chinese company M/s Huaneng Shandong Ruyi (Pakistan) Energy Limited (HSR) has cautioned National Electric...

Updated 12 Oct, 2022 09:39am

Markets

CTGI offers to set up 830MW solar power plant in Muzaffargarh

ISLAMABAD: Chinese company, Three Gorges South Asia Investment Ltd (CTGI) has offered the government to set up 830 ...

Published 03 Sep, 2022 04:25am

Pakistan

Chinese firm donates $250,000 for flood-hit people of Balochistan

KARACHI: MCC Resource Development Company, a Chinese company working in Pakistan, has donated $250,000 for flood...

Published 02 Sep, 2022 06:00am

SEP losing interest in KE?

ISLAMABAD: The Chinese company, M/s Shanghai Electric Power (SEP), is reportedly now slightly hesitant in showing...

Updated 15 Nov, 2021 10:07am

Opinion

Chinese must be praised for their patience and understanding

It is heartening to note that the Chinese company concerned has resumed work on 4,300MW Dasu hydropower project. On...

Published 27 Oct, 2021 04:50am

Taxation issues: Chinese company seeks CPEC chief’s help

ISLAMABAD: The Chinese company constructing a 720-MW hydroelectric power at Karot has sought help of Chairman CPEC...

Updated 03 Aug, 2021 11:44am

World

‘Enhanced Pak-China B2B irrigation cooperation needed’

BEIJING: The irrigation solutions promoted by a Chinese company have proved a success in demonstration zones in...

Updated 11 May, 2021 10:16am

Business & Finance

Italy vetoes takeover of semiconductor firm by Chinese company Shenzhen

Italian government shields Milan-based company LPE.
Semiconductors deemed of strategic importance, Draghi says.
Rome bolstering anti-takeover powers in key assets.

Published 09 Apr, 2021 08:37pm

Matiari to Lahore Transmission Line project: RCOD extended for 6 months after talks with Chinese co

ISLAMABAD: The government has extended Required Commercial Operate Date (RCOD) of $ 1.7 billion declared faulty ±...

Published 03 Apr, 2021 03:41am

Business & Finance

China's smartphone maker Xiaomi to invest $10bn in electric vehicles

Global carmakers are pegging hopes on an increasingly electric future, with China at the forefront as a customer base and manufacturing hub.

Published 30 Mar, 2021 06:58pm

Pakistan

KP govt inks pact for 300 MW Balakot hydropower project

The project would be constructed with an estimated cost of Rs85 billion in a period of six years
KP CM says the project would play a vital part in boosting industrial activities, job creation and overall development of the province

Published 10 Mar, 2021 02:37pm

Markets

Zimbabwe says China's Tsingshan to build iron ore mine, steel plant from May

The government previously said Tsingshan would also build a power station and had been given a lithium concession.

Published 10 Mar, 2021 10:37am

Pakistan

DRAP grants permission to another Chinese firm to conduct clinical trials of COVID vaccine

Anhui Zhifei longcom will conduct its trials in Karachi at a private hospital, while in Lahore at the University of Health Sciences and another private health facility
At least 9,000 volunteers will participate in clinical trials of the Anhui Zhifei vaccine across the country

Published 14 Feb, 2021 02:57pm

World

Security concerns block Chinese bid for Australian builder

In 2020, the Australian government tightened rules covering foreign investment in the country.

Published 12 Jan, 2021 04:59pm

Pakistan

COVID-19: Govt's plan to procure vaccine is insufficient to protect country's 220 million population

Pakistan is still waiting for the United Nation’s Covax mechanism to receive around 45 million free vaccine doses that will cover country’s 20 percent population
Many states including Turkey, Columbia, Bangladesh, Malaysia and India have already struck deals with different COVID-19 vaccine manufacturing firms
The Pakistan government has allowed the private sector players to procure vaccine from anywhere in the world and get registered with DRAP

Published 11 Jan, 2021 01:24pm

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Dec 1 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Dec 1 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Dec 1 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Dec 1 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Dec 1 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Dec 1 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Dec 1 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Dec 1 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Dec 1 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Dec 1 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Dec 1 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Dec 1 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Dec 1 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Dec 1 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Dec 1 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Dec 1 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Dec 1 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Dec 1 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Dec 1 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Dec 1 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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