Trends - CPEC - Business Recorder

CPEC

Saudi Arabia: a paradigm shift–II

While Pakistan is embroiled in an economic, political, social and constitutional crisis, the region is undergoing a...

Updated 25 Mar, 2023 06:55am

Business & Finance

CPEC progress, proposed new initiatives reviewed

ISLAMABAD: The Planning Minister, Ahsan Iqbal, chaired a China-Pakistan Economic Corridor (CPEC) progress review...

Published 25 Mar, 2023 06:25am

2 power plants inaugurated by PM: Coal brightens the prospects of Thar desert

The 1,320 megawatt Shanghai Electric power plant and 330 MW Thal Nova power plant will annually generate 11.24 billion units of low-cost electricity

Updated 23 Mar, 2023 06:38pm

BR Research

FDI drying up

Nothing is going in favor of the investment climate in the country. Foreign direct investment in the country is...

Published 22 Mar, 2023 08:44am

IPPs: Power Div asked to resolve payment issues on priority basis

ISLAMABAD: Prime Minister’s Office (PMO) has asked Power Division to convene a meeting of Steering Committee on...

Updated 22 Mar, 2023 08:59am

Pakistan

Pakistan careening towards potential default if IMF aid does not arrive: Bloomberg

Bloomberg economists believe neighbouring China will help Pakistan in case IMF does not release funds

Updated 21 Mar, 2023 08:01pm

CPEC: entry of 3rd parties now looks imminent

ISLAMABAD: Pakistan and China have agreed to remain engaged for the inclusion of third parties to the $60-billion...

Updated 20 Mar, 2023 12:44pm

Imported coal: PPIB re-approves Gwadar power project

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has re-approved 300-MW power project based on imported...

Updated 20 Mar, 2023 09:02am

Nuclear, missile programme not on ‘agenda’ of any talks: FO

ISLAMABAD: The Foreign Office on Friday categorically stated that Pakistan’s nuclear and missile programme is not...

Updated 18 Mar, 2023 09:12am

Markets

SBP, Power Div, others: PQEPC approaches Shehbaz against ‘discriminatory’ attitude

ISLAMABAD: Port Qasim Electric Power Company (Private) Limited (PQEPC) has approached Prime Minister Shehbaz Sharif...

Published 13 Mar, 2023 06:15am

Opinion

Policies and their implementation

Policies in Pakistan’s multiple sectors are well researched, many compiled with donor funding which enables...

Published 13 Mar, 2023 06:15am

Business & Finance

PIDE’s first-ever EconFest held: Country needs to boost exports to $100bn in 5-8 years: minister

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal has said Pakistan needs ...

Published 12 Mar, 2023 05:55am

Opinion

Are we allowing CPEC to wither away?

China Pakistan Economic Corridor (CPEC) was launched in 2015 when 51 agreements and Memoranda of Understanding ...

Published 11 Mar, 2023 03:16am

COAS briefed about CPEC security steps

RAWALPINDI: Chief of Army Staff General Syed Asim Munir visited Gwadar. According to the ISPR, he was briefed on...

Updated 10 Mar, 2023 08:42am

CPEC IPPs: Power Div asked to sort out revolving account issues

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Power Division to hold a meeting with SAPM on Power,...

Updated 09 Mar, 2023 08:55am

Tentative date 10th: PM likely to inaugurate two Thar-coal projects

ISLAMABAD: Prime Minister Shehbaz Sharif is likely to inaugurate two Thar-coal power projects this or next week,...

Updated 07 Mar, 2023 08:45am

Editorials

Political uncertainty, the economy and business

EDITORIAL: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan reiterated over the weekend that the cost of political...

Updated 07 Mar, 2023 10:05pm

CPEC power projects: China concerned over payment issues

Chinese government through Pakistan’s embassy in Beijing and its own embassy in Islamabad has raised this issue at all forums

Updated 06 Mar, 2023 11:39am

Business & Finance

Govt help sought to revive mobile manufacturing industry

KARACHI: Former State Minister and Chairman Board of Investment (BoI) Muhammad Azfar Ahsan has sought the...

Published 04 Mar, 2023 06:10am

Pakistan

CDWP approves 11 projects worth Rs63.82bn

ISLAMABAD: The Central Development Working Party (CDWP) has approved as many as 11 development projects worth ...

Published 03 Mar, 2023 06:12am

Markets

Dasu Hydropower Project has created 2,664 jobs: PCJCCI chief

LAHORE: Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) stated during a...

Published 01 Mar, 2023 06:21am

CPEC IPPs: Govt willing to amend PERA to satisfy Chinese lenders

ISLAMABAD: The government has reportedly shown willingness to amend/ modify Pakistan Energy Revolving Account (PERA)...

Updated 27 Feb, 2023 08:41am

PPIB tells govt: Sinosure reluctant to insure any new power project

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has notified the government that Chinese insurer M/s...

Updated 23 Feb, 2023 09:18am

Business & Finance

PSX, ACCA sign landmark MoU

KARACHI: Pakistan Stock Exchange (PSX) and Association of Chartered Certified Accountants (ACCA) signed a Memorandum...

Published 22 Feb, 2023 03:30am

Govt decides not to shift Gwadar power plant to Thar

ISLAMABAD: While bowing before pressure from Beijing, Islamabad has reportedly decided not to change the location of...

Updated 22 Feb, 2023 09:04am

Pakistan

CPEC, non-CPEC projects: Punjab govt claims ‘365 Chinese are working on expired visas’

ISLAMABAD: The Government of Punjab reportedly stunned high level officials by claiming that 365 Chinese Nationals...

Published 21 Feb, 2023 05:58am

Business & Finance

PPIB announces COD of 330MW ThalNova Power Project

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has announced achievement of Commercial Operation Date...

Published 18 Feb, 2023 03:33am

Markets

Thar coal-based 330 MW power plant achieves COD

The collective power generation capacity of HUBCO and its group companies has increased to 3,581 MW

Published 17 Feb, 2023 11:23am

US says concerned about debt owed to China by Pakistan

ISLAMABAD: The United States is concerned about debt owed to China by Pakistan and other countries, US State...

Updated 17 Feb, 2023 08:45am

Pakistan

JI chief vows to bring masses out against mini-budget

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has categorically rejected the mini-budget, saying his party would...

Published 16 Feb, 2023 06:08am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 27 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 27 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 27 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 27 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 27 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 27 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 27 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 27 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 27 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 27 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 27 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 27 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 27 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 27 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 27 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 27 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 27 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 27 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

CPEC

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