Trends - CPEC - Business Recorder

CPEC

Chairman FPCCI calls for economic, trade relation with Sweden

The Chairman FPCCI invited Swedish investors to join the grand mega project of CPEC and CPEC related SEZs in different regions of the country.

Published 20 Jan, 2021 06:47pm

Business & Finance

CPEC projects to progress on expedited pace: Chinese envoy

ISLAMABAD: Chinese Ambassador Nong Rong Tuesday said that the China-Pakistan Economic Corridor (CPEC) projects would...

Published 20 Jan, 2021 04:29am

Business & Finance

Dhabeji SEZ development: Local parties show interest in re-bidding process

KARACHI: Special Economic Zone Management Company (SEZMC) CEO Abdul Azeem Uqaili on Tuesday said few potential local...

Published 20 Jan, 2021 04:29am

Business & Finance

EFP webinar on minerals with Istanbul Chambers of Commerce

KARACHI: Ismail Suttar, President Employer's Federation of Pakistan (EFP), expressed gratitude to Israfil Kuralay,...

Published 20 Jan, 2021 04:29am

Pakistan

Pakistan, China to multiply agricultural cooperation under CPEC

ISLAMABAD: Pakistan and China have reiterated to multiply agricultural cooperation under the China-Pakistan Economic...

Published 19 Jan, 2021 04:22am

Markets

Wapda to be executive agency for K-IV project: CDWP approves two projects worth Rs3.82bn

ISLAMABAD: The Central Development Working Party (CDWP) has approved two development projects at the cost of Rs3.82...

Published 19 Jan, 2021 04:22am

FDI declines 29pc in H1FY21

KARACHI: Foreign Direct Investment (FDI) in Pakistan fell 29 percent during the first half of this fiscal year...

Updated 19 Jan, 2021 04:44am

Opinion

CPEC — the engine of our growth

Fiftyone memoranda of understanding (MoUs) with an initial 46 billion dollar envisaged investment were signed in...

Published 18 Jan, 2021 04:10am

Ordinances: IHC urged to clarify ‘exercise of power’ to enact laws

ISLAMABAD: The Islamabad High Court (IHC) has been urged to clarify “exercise of power” to enact laws through...

Published 17 Jan, 2021 04:13am

Pakistan

Gwadar Port, CPEC to promote regional connectivity, benefit Afghanistan, CARs: President

The president said the Gwadar Port would help make Pakistan the hub of transit trade in the region.

Published 15 Jan, 2021 11:44pm

Business & Finance

Rashakai SEZ: Committee allocates land to Chinese steel conglomerate

The SEZ Committee of Rashakai SEZ allocated 40 acres of land to Century Steel (Pvt) Ltd, owned by M/S Fuzhou Julitaihe International Company; a Chinese conglomerate.

Published 15 Jan, 2021 10:34am

Pakistan

Football in Pakistan: Playing CPEC Onside

Football in Pakistan remains a largely peripheral sport for the country’s mainstream. Despite its tremendous global appeal and riches, football remains Pakistan’s proverbial “poor man’s sport.”
China has been making commercial waves in world sport these past few decades with a special emphasis on becoming a major football power at home and abroad.

Published 12 Jan, 2021 01:58pm

BR Research

Maple Leaf Cement Factory Limited

Maple Leaf Cement Factory Limited (PSX: MLCF) was set up in 1960 as a public limited company. It is part of the...

Published 12 Jan, 2021 07:45am

Pakistan

Pakistan supports broad-based peace process in Afghanistan: Speaker NA

He said that Pakistani and Afghan people were bound in ever lasting ties of religion, brotherhood, history and culture.

Updated 12 Jan, 2021 12:02am

Pakistan

CPEC gradually developing into multilateral, regional cooperation project: Cheng Xizhong

He said the Belt and Road cooperation might extend to the whole region of South Asia, as well as Central Asia, West Asia, the Middle East, Africa and even more distant places.

Published 11 Jan, 2021 08:22pm

Pakistan

FPCCI offers plan to modernize country’s industrial sector: Qurban Ali

He said CPEC, a project of global significance would connect the whole country from Balochistan to GB with big economies like China.

Published 10 Jan, 2021 07:52pm

Pakistan

activities to boost economic growth: SBP

The report further added that with the start of the Covid pandemic, EMs witnessed a massive outflow of portfolio investment.

Published 07 Jan, 2021 07:49pm

Pakistan

Parliamentary committee on CPEC visits NARC

ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) headed by Sher Ali Arbab Chairman...

Published 07 Jan, 2021 03:15am

Markets

PARC says seeks to transform Pakistan into cotton exporting country

ISLAMABAD: The Pakistan Agricultural Research Council (PARC) told the Parliamentary Committee on the China-Pakistan...

Published 07 Jan, 2021 03:15am

Pakistan

CPEC considered as harbinger of development, prosperity: Murad Saeed

The Chinese ambassador expressed his happiness and gratitude for the completion of two important projects of CPEC.

Published 06 Jan, 2021 06:23pm

Pakistan

CPEC projects to march forward despite COVID-19 pandemic: Ambassador Haque

About progress amid the pandemic, Ambassador Haque said 19 projects under CPEC had been completed and 28 were under implementation.

Published 05 Jan, 2021 12:50am

Pakistan

NA speaker for equipping education sector with modern facilities

The speaker directed the Special Assistant to link up all the provincial educational institutes with the relevant institutions of China Pakistan Economic Corridor (CPEC).

Published 05 Jan, 2021 12:34am

Pakistan

PTI govt to add 6,147 kms highways to national network: Murad

The government would construct 150 percent more roads than the previous governments, which already contributed 1,600 kilometers roads in the system to date.

Published 05 Jan, 2021 12:06am

Pakistan

PM enjoys full public trust unlike PDM: Qureshi

Qureshi said the whole nation knew the politics of PDM leaders very well and the government was not worried from their so-called protest movement.

Published 03 Jan, 2021 02:50am

World

Delegation from Djibouti calls upon Moeed Yusuf, to discuss matters of mutual interest

On Thursday, a delegation from Djibouti's National Parliament called on Dr. Moeed Yusuf to discuss Pakistan's "Look Africa" policy, among other areas of mutual interest.

Published 02 Jan, 2021 06:36pm

Business & Finance

Pakistan eyes to boost its economy through CPEC 2nd phase: Bajwa

Bajwa informed that the second phase of CPEC will be about job creation and increasing investment opportunities, which will be achieved through industrialization and enhancing the agriculture sector.

Published 02 Jan, 2021 11:41am

Business & Finance

CPEC second phase to focus on industrialization, agriculture, says Pakistan

He reiterated that Pakistan would welcome relocation of industry from China and in that regard was instituting a regime to encourage inflow of Chinese investments to Pakistan.

Published 01 Jan, 2021 12:06pm

Pakistan

Pakistan Navy is playing a pivotal role in security of Gwadar Port, CPEC: Naval Chief

Pakistan Navy is fully aware of changing geopolitical situation of the region and it is committed to defend the country’s maritime frontiers, he said.
The Naval Chief expressed satisfaction over the operational preparedness of Pakistan Navy fleet.

Published 31 Dec, 2020 03:58pm

Business & Finance

Chinese cos keen in Pakistan’s IT sector, says Bajwa

Federal Minister for IT Syed Amin Ul Haque said that Ministry of IT and Telecommunication will fully cooperate with CPEC Authority on all relevant CPEC projects.

Published 31 Dec, 2020 11:19am

Business & Finance

China rejects ‘groundless’ reports about ending financial support to Pakistan

Zhao Lijian said such reports are groundless and both countries are resolute in pushing forward the construction of this mega project.

Published 29 Dec, 2020 11:40am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / May 30 Trust Modaraba(TRSM)	1.60 ▲ 0.25 (18.52%)
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	1.28 ▲ 0.18 (16.36%)
Asim Textile / May 30 Asim Textile Mills Limited(ASTM)	6.09 ▲ 0.84 (16.00%)
Pak Gulf Leasing / May 30 Pak-Gulf Leasing Company Limited(PGLC)	7.85 ▲ 0.87 (12.46%)
Saif Textile / May 30 Saif Textile Mills Limited(SAIF)	9.45 ▲ 1.00 (11.83%)
HBL Growth Fund / May 30 HBL Growth Fund(HGFA)	3.64 ▲ 0.34 (10.30%)
Reliance Ins. / May 30 Reliance Insurance Company Limited(RICL)	9 ▲ 0.81 (9.89%)
Punjab Mod / May 30 First Punjab Modaraba(FPJM)	1.35 ▲ 0.12 (9.76%)
Gammon Pak / May 30 Gammon Pakistan Limited(GAMON)	4.98 ▲ 0.42 (9.21%)
Imperial Limited / May 30 Imperial Limited(IML)	11.74 ▲ 0.99 (9.21%)

Stock	Price
Sindh Modaraba / May 30 Sindh Modaraba(SINDM)	7.30 ▼ -1.00 (-12.05%)
Samba Bank / May 30 Samba Bank Limited(SBL)	6.10 ▼ -0.83 (-11.98%)
Pak Agro Pack. (GEM) / May 30 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7 ▼ -0.95 (-11.95%)
Bilal Fibres / May 30 Bilal Fibres Limited(BILF)	2.13 ▼ -0.27 (-11.25%)
Ruby Textile / May 30 Ruby Textile Mills Limited(RUBY)	3.10 ▼ -0.30 (-8.82%)
Arctic Textile / May 30 Arctic Textile Mills Limited(ARCTM)	10.64 ▼ -1.00 (-8.59%)
Sitara Energy / May 30 Sitara Energy Limited(SEL)	6.07 ▼ -0.52 (-7.89%)
Askari Life Assur. / May 30 Askari Life Assurance Company Limited(ALAC)	4.96 ▼ -0.42 (-7.81%)
Prosperity Weav / May 30 Prosperity Weaving Mills Limited(PRWM)	34.68 ▼ -2.81 (-7.50%)
John&Philips / May 30 Johnson & Phillips (Pakistan) Limited(JOPP)	35.06 ▼ -2.84 (-7.49%)

Stock	Volume
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	193,869,332 ▲ 0.18
Maple Leaf Cement / May 30 Maple Leaf Cement Factory Limited(MLCF)	10,934,443 ▼ -0.33
K-Electric Ltd. / May 30 K-Electric Limited(KEL)	8,927,348 ▲ 0.04
National Bank / May 30 National Bank of Pakistan(NBP)	6,677,000 ▼ -0.51
D.G.K.Cement / May 30 D.G. Khan Cement Company Limited(DGKC)	6,416,911 ▲ 2.06
TPL Properties / May 30 TPL Properties Limited(TPLP)	6,146,502 ▼ -0.22
TRG Pak Ltd / May 30 TRG Pakistan Limited(TRG)	5,905,462 ▲ 4.41
Cnergyico PK / May 30 Cnergyico PK Limited(CNERGY)	5,687,015 ▲ 0.05
Unity Foods Ltd / May 30 Unity Foods Limited(UNITY)	5,667,051 ▼ -0.07
Globe Residency / May 30 Globe Residency REIT(GRR)	5,653,000 ▼ -0.01

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	285.57
USD PKR Interbank Buying / May 29	285.17
USD to Japanese Yen / May 29	140.34
USD to Swiss Franc / May 29	0.90
Pound Sterling to USD / May 29	1.23
Euro to USD / May 29	1.07
UK LIBOR % / May 26	5.06

Stock	Volume
S&P 500 / May 26	4205.45
Nasdaq / May 26	12975.69
FTSE 100 / May 26	7627.20
Dow Jones / May 26	33093.34
India Sensex / May 29	62846.38
Tokyo Nikkei / May 29	31233.54
Hang Seng / May 29	18633.64
Germany DAX 30 / May 29	16022.66
France CAC40 / May 29	7328.69

Item	Value
Crude Oil USD/Barrel / May 26	72.67
Karachi Cotton PKR/37.32 KG / May 26	20235
Gold 10 Grams PKR / May 26	202118
Gold Spot USD/Ounce / May 26	1946.46
Cotton US¢/pound / May 26	80.54

CPEC

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