Trends - circular debt - Business Recorder

circular debt

Discos’ horror show

Another exercise of clearing the energy sector circular debt stock via dividends, Sukuks, or direct cash transfer is...

Published 17 Jan, 2023 09:05am

BR Research

Gas tariffs: Circular debt will stay

As the regulator determined consumer end gas prices for both Sui companies – analysts were quick to link it to the...

Published 12 Jan, 2023 07:55am

Opinion

Power distribution sector’s performance – I

Circular debt and privatisation of power distribution companies are under active discussion these days in the...

Published 12 Jan, 2023 06:10am

Business & Finance

KCCI urges govt to revisit stance on shopping hours

KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf, while referring to...

Published 06 Jan, 2023 05:58am

Editorials

Circular debt challenge

EDITORIAL: The power sector circular debt has crossed the Rs 2.5 trillion mark and is growing. None of the political...

Updated 02 Jan, 2023 04:43pm

Opinion

To many it sounds like PDM wants to have its cake and eat it

The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a...

Published 02 Jan, 2023 05:54am

Opinion

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political...

Published 29 Dec, 2022 05:59am

Opinion

Circular debt – short-term remedies

The circular debt (CD) emerged as a perpetual menace ever since the Independent Power Producers (IPPs) surfaced on...

Updated 24 Dec, 2022 06:31am

Reduction in circular debt of gas sector by 70pc: PM directs Petroleum, Finance Divisions to prepare master plan

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum and Finance Divisions to prepare a master plan to...

Updated 23 Dec, 2022 08:41am

Business & Finance

Gas sector 10-member body formed on circular debt settlement

ISLAMABAD: The Finance Division constituted a 10-member committee on circular debt settlement of the gas sector on...

Updated 22 Dec, 2022 09:39am

BR Research

Power tariffs playing tricks

Despite over a 40 percent hike in base tariff and heavy monthly and quarterly fuel price adjustments, the circular...

Published 21 Dec, 2022 08:51am

JPL seeks exemption from IFRS-9

ISLAMABAD: M/s Jhimpir Power (Private) Limited (JPL) has sought exemption from the application of International...

Updated 05 Dec, 2022 09:50am

Markets

Differences with CPPA-G/ GoP: FPCDL ready for out-of-court settlement

ISLAMABAD: M/s Foundation Power Company Daharki Limited (FPCDL) has expressed willingness for an out of court...

Published 08 Nov, 2022 05:56am

Power sector: Circular debt touching Rs2.6trn mark

ISLAMABAD: The country’s power sector’s circular debt is reportedly touching Rs 2.6 trillion mark at present against...

Updated 03 Nov, 2022 09:54am

Editorials

How to reform the ailing power sector

EDITORIAL: The federal cabinet intends to overhaul the power sector, ostensibly through some drastic measures such ...

Published 21 Oct, 2022 05:57am

Editorials

The circular debt tap

EDITORIAL: Some things never change; no matter which government comes to power or which goes out of it, legally or...

Published 09 Oct, 2022 05:51am

Business & Finance

Challenge of circular debt can be overcome: speakers

LAHORE: The accumulation of circular debt and its progression can be stopped through better models of institutional...

Updated 06 Oct, 2022 09:43am

Govt not allowing Discos to take decisions independently: Nepra

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reportedly accused the federal government of not...

Updated 01 Oct, 2022 11:05am

Pakistan

Rupee devaluation multiplied debt servicing: Miftah

Says any nation will move towards default-like situation amid high debt servicing

Updated 16 Jul, 2022 06:20pm

Rs500bn addition to circular debt: Power Division holds Nepra responsible

ISLAMABAD: The Power Division has reportedly held National Electric Regulatory Authority (Nepra) responsible for...

Updated 16 Jul, 2022 01:55pm

ECC decides to raise gas prices

Directs to further reduce the gas rates for export and non-export industry/captive power

Updated 08 Jul, 2022 09:42am

BR Research

Oh “dear” power!

There are two ways to look at the power sector subsidy allocation for FY23. One is to say the power sector subsidies...

Published 15 Jun, 2022 08:24am

Markets

AEL seeks exemption from IFRS-9 applicability

ISLAMAABAD: M/s Altern Energy Limited (AEL) has approached Securities & Exchange Commission of Pakistan (SECP)...

Published 12 Jun, 2022 06:55am

Business & Finance

Urgent reforms imperative: Survey sees circular debt hitting Rs4trn mark by 2025

ISLAMABAD: The government has indicated that the country’s circular debt would reach Rs 4 trillion by 2025 if...

Published 10 Jun, 2022 06:16am

Oil and gas sector’s circular debt reaches Rs 1.5 trillion mark, Senate panel told

ISLAMABAD: The Petroleum Division Secretary informed a parliamentary panel on Monday that the oil and gas sector’s...

Updated 31 May, 2022 10:08am

Nepra chief for debt restructuring, expensive debt swapping

ISLAMABAD: Chairman, National Electric Power Regulatory Authority (Nepra), Tauseef H Farooqi has proposed to the...

Updated 31 May, 2022 10:12am

Business & Finance

FPCCI panel warns govt of worsening power sector circular debt

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman Mian Anjum...

Published 29 May, 2022 05:50am

Prior actions for PACE-1: WB, Power Div to hold weekly talks

Markets

Power Division seeks Rs 108 billion by May 25, 2022

Updated 30 Apr, 2022 10:27am

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	155.98
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 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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