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economic development

Ahsan emphasises role of growth in economic development

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasized the critical...

Published 16 May, 2024 06:28am

Business & Finance

Stable institutions with consistent policies behind uplift of global economies: speakers

ISLAMABAD: Stable institutions with consistent policies have played a key role in the economic development of the...

Published 24 Apr, 2024 03:50am

Business & Finance

‘Policymakers need to devise economic development plans’

ISLAMABAD: The policymakers need to devise economic development plans based on inclusive economic growth with ...

Published 19 Apr, 2024 05:07am

ADB official, Aurangzeb discuss collaboration

ISLAMABAD: Country Director of the Asian Development Bank (ADB) Young Ye called on Minister for Finance and Revenue...

Updated 22 Mar, 2024 09:47am

Business & Finance

Promotion of IT sector key to achieving economic development: governor

LAHORE: The role of information technology is important in today’s world as it increases the employment...

Published 31 Jan, 2024 05:22am

Pakistan

Chinese VFM assures continuing support

ISLAMABAD: Chinese Vice Foreign Minister Sun Weidong on Saturday emphasised that China will continue to support...

Published 21 Jan, 2024 03:10am

Opinion

Claims of economic improvement

The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic...

Published 15 Jan, 2024 05:03am

Pakistan

PM Kakar orders ‘swift’ action against smuggling of commodities

Caretaker prime minister directs relevant authorities to ensure legal trade and complete documentation in border areas

Updated 08 Jan, 2024 10:44pm

Opinion

Crises old and new

It is hardly breaking news on the first day of the new (not so happy) year that Pakistan faces a slate of challenges...

Published 02 Jan, 2024 05:21am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Business & Finance

UBG to play key role in economic development of country: Rehan

KARACHI: The United Business Group (UBG) is poised to address the economic development challenges facing Pakistan, ...

Published 20 Dec, 2023 06:00am

Technology

Economic development: Minister highlights crucial role of technology

ISLAMABAD: Federal Minister for Science and Technology Dr Umar Saif has emphasised the crucial role of technology in...

Published 15 Dec, 2023 03:12am

Opinion

Get rich before getting old

It is said, “The future promise of any nation can be directly measured by the present prospects of its youth.”...

Published 30 Nov, 2023 04:53am

Business & Finance

7 chambers of commerce of southern Punjab gather together on one platform

LAHORE: Seven chambers of Commerce of South Punjab have come together on a platform for the economic development of...

Published 30 Nov, 2023 04:53am

Business & Finance

Minister inaugurates new enterprises in Mohmand Economic Zone

PESHAWAR: The caretaker Minister for Industries, Commerce and Technical Affairs, Tribal Affairs Syed Aamer Abdullah...

Published 06 Nov, 2023 05:27am

Shamshad explains govt’s commitment to economic development

ISLAMABAD: Dr Shamshad Akhtar, Federal Minister for Finance, Revenue, and Economic Affairs, participated in a...

Updated 16 Oct, 2023 08:41am

Pakistan

Progressive countries moving towards modern technology: Dr Atta

HYDERABAD: Former Federal Minister of Science and Technology and former Chairman of Higher Education Commission ...

Published 07 Oct, 2023 06:01am

Editorials

Significant rise in poverty

EDITORIAL: World Bank officials while briefing the media noted that Pakistan’s poverty level rose to 39.4 percent...

Updated 27 Sep, 2023 07:05am

Pakistan

SECP collaborates with ICAP, PIDE to promote corporatization

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has formed a Committee in collaboration with ...

Published 13 Sep, 2023 06:17am

Business & Finance

US CG, PBIT poised to elevate partnership to new heights

LAHORE: The United States Consulate-General in Lahore and the Punjab Board of Investment & Trade (PBIT) are...

Published 12 Sep, 2023 06:22am

Business & Finance

Minister hails businessmen’s role towards economic development

KARACHI: Caretaker Federal Minister for Religious Affairs Aneeq Ahmed underscored the indispensable role of...

Published 05 Sep, 2023 06:22am

Gohar floats the idea of establishing ‘business parks’

Federal Minister for Commerce and Industries Dr Gohar Ejaz says park would prove vital in the economic development of the country

Updated 23 Aug, 2023 10:15am

Pakistan

PM for a policy framework to support youths

ISLAMABAD: Prime Minister Shehbaz Sharif has underlined the need to develop a policy framework for supporting the...

Published 26 Jul, 2023 06:17am

Business & Finance

‘Under CPEC various projects, including Gwadar port, have achieved full operational capacity’

ISLAMABAD: Pakistan and China have vowed to take China-Pakistan Economic Corridor (CPEC) and Belt and Road ...

Published 25 Jul, 2023 06:20am

Pakistan

Hailey College launches MS Entrepreneurship & Innovation Programme

LAHORE: Hailey College has recently launched MS Entrepreneurship and Innovation Program for students from all fields...

Published 23 Jul, 2023 03:25am

Business & Finance

Economic development: PM urges women to play active role

SIALKOT: Prime Minister Muhammad Shehbaz Sharif on Sunday urged women to come forward and ramp up their vital roles...

Published 17 Jul, 2023 03:47am

Business & Finance

Pakistan needs fundamental change in approach to economic development: SAARC

ISLAMABAD: President South Asian Association of Regional Cooperation (SAARC) Chamber of Commerce and Industry,...

Published 08 May, 2023 06:40am

Business & Finance

World Business Angels Investment Forum appoints Ayub Khan as ‘Senator for Pakistan’

PESHAWAR: The World Business Angels Investment Forum (WBAF) – an affiliated partner of the G20 Global Partnership...

Published 02 May, 2023 05:59am

Business & Finance

Govt taking steps for growth of agricultural: Tasneem

ISLAMABAD: State Minister for Industries and Production Tasneem Qureshi has said that the government was taking ...

Published 18 Mar, 2023 06:14am

BR Research

A new order?

The China-brokered diplomatic breakthrough between Iran and Saudi Arabia has caught the world by surprise. It’s...

Published 17 Mar, 2023 08:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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