Trends - construction sector - Business Recorder

construction sector

Construction sector: IMF asks FBR to abolish special tax regime

Recommends subjecting sector to standard income tax regime

Updated 15 Mar, 2024 04:03pm

Perspectives

Challenges and opportunities in Pakistan’s real estate Sector

Pakistan’s once-booming real estate sector is facing a crisis, with declining home values and skyrocketing interest...

Published 01 Mar, 2024 12:06pm

Business & Finance

Cut in taxes on real estate to help attract foreign investment: ICCI

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the...

Published 11 Sep, 2023 06:32am

Business & Finance

New advance tax imposed on construction, residential businesses

ISLAMABAD: Finance Act 2023 has imposed a new advance tax on the construction, development and disposal of ...

Published 27 Jun, 2023 06:15am

Business & Finance

IAPEX expo: thinkPVC showcases latest products, solutions for construction sector

KARACHI: thinkPVC, a unique concept store and one-stop solution for sustainable construction products in Pakistan, ...

Published 19 May, 2023 06:17am

Markets

European shares slip as data signal slower economic recovery

PARIS: European shares fell on Wednesday as investors maintained a cautious stance after data signalled a...

Published 06 Apr, 2023 06:20am

BR Research

Plight of the labour class

If these are not the toughest times an average Pakistani citizen has faced, the toughest must have been close to...

Published 24 Mar, 2023 08:47am

Pakistan

IAP Exhibition 2023: Use of black money in construction sector should be discouraged: President

ISLAMABAD: President Dr Arif Alvi has called for adopting green and sustainable building practices in the ...

Published 21 Jan, 2023 06:15am

Markets

China Dec steel output rises from prior month

SHANGHAI: China’s December steel output rose 4.5% from the prior month, official data showed on Tuesday, as demand...

Published 19 Jan, 2023 05:58am

Business & Finance

Govt should give incentives to construction sector: KATI chief

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has said the government ...

Published 03 Jan, 2023 03:25am

Pakistan

Sustainable engineering plays key role in construction sector, says administrator

KARACHI: Administrator Karachi, Spokesperson Sindh Government and CM Advisor on Law Barrister Murtaza Wahab on ...

Published 28 Nov, 2022 07:06am

Markets

Iron ore futures lower

MANILA: Iron ore futures slumped on Tuesday, with the Dalian benchmark contract hitting a seven-week low, while...

Published 26 Oct, 2022 05:52am

Business & Finance

Concern expressed over rising cement prices

KARACHI: Secretary General of the United Business Group (UBG), Southern Zone, former chairman of Association of...

Published 20 Oct, 2022 05:36am

BR Research

Real wages nosedive

The daily wages for the construction sector may well have grown the most in ten quarters at 10 percent during 1QFY23...

Updated 28 Sep, 2022 08:42pm

Business & Finance

Pakistan Property Show in Dubai attracts 20,000 people

Pakistan Property Show was inaugurated by H.E Sultan Butti Bin Mejren, Director General of the Dubai Land Department

Published 13 Sep, 2022 05:29pm

Business & Finance

Cartelisation, abuse of dominance: CCP investigating potential involvement of two float glass manufacturers

ISLAMABAD: Float glass, an important component of the construction sector, is under scrutiny of the Competition...

Published 10 Sep, 2022 04:14am

Business & Finance

India’s economy grows at fastest pace in a year; slowdown expected

NEW DELHI: India’s economy grew at its fastest pace of 13.5% year-on-year in the April-June quarter though...

Published 01 Sep, 2022 05:50am

Editorials

Economy must have clear precedence

EDITORIAL: The ongoing political impasse is a negation of what the country needs urgently to bring the economy...

Published 15 Aug, 2022 05:41am

Business & Finance

Facing massive cost-escalation, construction industry braces for tough time

Builders facing difficulties in pricing housing units for new projects

Published 23 Jul, 2022 07:37pm

Opinion

FY2021-22: Overstatement of GDP growth rate

The latest Pakistan Economic Survey for 2021-22 reveals that the economy has performed well this year and the growth...

Published 28 Jun, 2022 06:10am

Business & Finance

SBP, banks organise ‘mela’ in Faisalabad to promote housing finance

KARACHI: State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad on Saturday to increase ...

Published 20 Mar, 2022 06:04am

Opinion

Fine points about new amnesty scheme

Having failed to honour his word and bring back all the wealth looted from the country and stashed in foreign...

Published 03 Mar, 2022 04:39am

Business & Finance

Construction cost goes up amid cement, steel price hike

Local cement prices have been hiked by Rs30 per bag (50kg) in the South region

Published 21 Feb, 2022 04:13pm

BR Research

Construction and housing: Boom, doom or bust?

That this government could facilitate the building of 5 million houses in five years was anyway too outlandish an...

Published 31 Dec, 2021 07:59am

Pakistan

ABAD hands ‘charter of demand’ over to CM

KARACHI: Mohsin Sheikhani, Chairman, Association of Builders and Developers (ABAD) on Wednesday said that a...

Published 02 Dec, 2021 03:57am

BR Research

Writing on the wall

The headlines write themselves. The government and SBP’s self-congratulation on keeping economy afloat during the...

Published 24 Nov, 2021 08:03am

Business & Finance

Construction sector hit by steep rise in material cost, claims CAP

LAHORE: Unbridled increase in the construction materials during the last one year has brought the construction ...

Published 17 Nov, 2021 04:22am

MPMG scheme: Banks receive applications worth Rs200bn

KARACHI: Banks have received applications worth Rs200 billion for low-cost housing up to October 18, 2021 under the...

Updated 28 Oct, 2021 09:32am

BR Research

Wages build slow

Low-skilled labor, primarily engaged in construction sector seems to have had a respite of sorts, in terms of wages....

Published 13 Oct, 2021 07:30am

Business & Finance

Turkish CG sees huge scope in construction sector

KARACHI: The boom in the construction industry of Pakistan will provide an excellent opportunity for prospective...

Published 10 Oct, 2021 04:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Cotton US¢/pound / May 14	77.55
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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