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CPEC project

Return on investment

It is heartening to note that a Chinese company has decided to invest $360 million in the Rashakai Special Economic...

Published 06 Aug, 2021 04:18am

Chinese co to invest $360m in Rashakai SEZ

ISLAMABAD: Century Steel (Pvt) Ltd, a Chinese company will invest $360 million in the Rashakai Special Economic Zone...

Updated 05 Aug, 2021 09:40am

Pakistan

Matiari-Lahore Transmission Line: High power test completed successfully

LAHORE: High power testing of ±660kV HVDC Matiari-Lahore Transmission line is completed on fast track with close...

Published 03 Aug, 2021 04:35am

Editorials

Pakistan’s improved business environment

EDITORIAL: That the Annual Report on Investment Security of China’s Belt and Road Construction (2021) has placed...

Published 31 Jul, 2021 04:05am

Afghan envoy’s daughter was not kidnapped, insists Rashid

ISLAMABAD: Interior Minister Sheikh Rashid Ahmed on Tuesday accused India and Afghanistan of trying to distort facts...

Updated 21 Jul, 2021 08:45am

Pakistan

Chinese nationals: Punjab police to thoroughly review security arrangements

LAHORE: The Punjab police have decided in principle to thoroughly review security arrangements taken for the Chinese...

Published 20 Jul, 2021 04:14am

PML-N has 'already won' AJK elections: Maryam Nawaz

MIRPUR: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz said on Saturday she saluted the enthusiasm...

Published 18 Jul, 2021 04:50am

Security of Chinese further tightened: Rashid

ISLAMABAD: Pakistan has further improved security of Chinese nationals and assured the Chinese government that the...

Published 18 Jul, 2021 03:30am

FDI down 29pc in FY21 on fall in Chinese investment

KARACHI: Foreign Direct Investment (FDI) posted a decline of 29 percent during the last fiscal year (FY21) as ...

Updated 17 Jul, 2021 10:33am

Pakistan

Killing of Chinese engineers: Opposition seeks briefing from govt in NA

ISLAMABAD: The opposition lawmakers in the National Assembly, on Wednesday, demanded the government to give a...

Published 15 Jul, 2021 04:03am

Chinese envoy meets Tarin

ISLAMABAD: Ambassador of the Peoples Republic of China Nong Rong called on the Federal Minister for Finance and...

Updated 14 Jul, 2021 08:16am

Pakistan

IoBM becomes member of CPEC Consortium of Universities

KARACHI: The Institute of Business Management (IoBM) has been named as one of the members of the CPEC Consortium of...

Published 14 Jul, 2021 03:59am

Business & Finance

Industrial Cooperation: China, Pakistan may sign framework agreement in JCC moot

BEIJING: China and Pakistan are expected to sign a framework agreement for Industrial Cooperation (IC) during the...

Published 13 Jul, 2021 03:22am

Pakistan

Senate debates CPEC Authority Amendment Bill

Proposes control of the management of the Authority to its board of directors
Passes The Torture and Custodial Death (Prevention and Punishment) Bill, 2021

Published 12 Jul, 2021 08:19pm

Pakistan

GPA chief briefs envoys on developments in Gwadar Port

GWADAR: Chairman Gwadar Port Authority (GPA) Naseer Khan Kashani on Monday briefed the Ambassadors of various...

Published 06 Jul, 2021 03:48am

Road infrastructure to address grievances of Balochistan: CPEC authority chief

ISLAMABAD: Chairman China-Pakistan Economic Corridor (CPEC) Authority Lieutenant General Asim Saleem Bajwa (R) said...

Published 04 Jul, 2021 03:41am

Cement despatches increase by 20.12pc in 2020-21

LAHORE: Launch of construction activities under Naya Pakistan Housing Scheme and good Public Sector Development...

Published 03 Jul, 2021 03:19am

July-May FDI down 28pc YoY

KARACHI: The Foreign Direct Investment (FDI) in Pakistan fell by 28 percent in the first 11 months of this fiscal...

Published 19 Jun, 2021 03:23am

Shehbaz flays budget, calls it ‘fake’

ISLAMABAD: The Leader of the Opposition in the National Assembly, Shehbaz Sharif, on Thursday, severely criticised...

Published 18 Jun, 2021 04:16am

Pakistan

Shanghai Electric begins major vaccination drive in Thar Block-1

KARACHI: Shanghai Electric, at the helm of a mega-project of the China-Pakistan Economic Corridor, has started a...

Published 16 Jun, 2021 03:40am

Tarin terms FBR target 'realistically aggressive'

ISLAMABAD: A day after unveiling the budget, Finance Minister Shaukat Tarin on Saturday described the Federal Board...

Published 13 Jun, 2021 03:56am

Umar explains hike in development budget for FY22

• Road network from Quetta to Gwadar almost complete: CPEC authority chief ISLAMABAD: Federal Minister for...

Updated 09 Jun, 2021 05:30pm

Markets

NTDC transmits 2200MW

LAHORE: The National Transmission & Despatch Company (NTDC) successfully transmitted 2200 megawatt electricity...

Published 04 Jun, 2021 05:06am

Business & Finance

Pakistan and China to extend CPEC to Afghanistan

Pakistan and China have decided to extend CPEC to Afghanistan during Foreign Minister Wang Yi’s recent visit to Islamabad.

Published 25 May, 2021 09:09pm

Pakistan

CPEC gives new dimension to Pak-China ties: Fawad

Fawad said the Pakistani nation knew that China stood beside their country through thick and thin. Similarly, Pakistan extended full support to China to meet its challenges, he added.

Published 21 May, 2021 10:56pm

Concessions from China: Economic team quizzed by WB over lack of progress

ISLAMABAD: The World Bank has reportedly quizzed government’s economic team for not showing concrete progress on...

Published 22 Apr, 2021 03:55am

Opinion

It was long overdue

This is apropos a Business Recorder news item “Transparency in CPEC projects: accord signed with China, says NAB...

Published 11 Mar, 2021 05:25am

Transparency in CPEC projects: Accord signed with China, says NAB chairman

LAHORE: National Accountab-ility Bureau (NAB) Chairman Justice Javed Iqbal (Retd) Monday said that they have signed ...

Published 09 Mar, 2021 05:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28
France CAC40 / Apr 25	8016.65
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

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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CPEC project

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