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Economic distress

Pak Suzuki announces yet another shutdown of automobile plant

Pak Suzuki Motor Company (PSMC) on Wednesday announced another temporary shutdown of its automobile plant amid...

Updated 08 Nov, 2023 03:05pm

Opinion

Development of Special Technology Zones

Software development and IT-enabled services (ITeS) for data centres, technical service/call centres, and telecom...

Updated 08 Nov, 2023 06:30am

Opinion

Loss-making Discos — Who tops the chart?

Unfortunately, the Pakistan Power Sector is never away from the public eye– specifically, since the last two...

Updated 08 Nov, 2023 06:28am

Editorials

First staff review negotiations with IMF

EDITORIAL: The International Monetary Fund team (IMF) is currently in Pakistan for the first scheduled Stand-By...

Published 08 Nov, 2023 05:42am

Business & Finance

Honda Atlas Cars extends plant shutdown

Honda Atlas Cars (Pakistan) Limited, a subsidiary of Honda Motor Co., Ltd., Japan, on Tuesday announced a temporary...

Updated 07 Nov, 2023 07:00pm

Business & Finance

Sitara Peroxide extends shutdown for 30 days

Chemical manufacturer Sitara Peroxide Limited (SPL) announced on Tuesday it is extending its plant suspension by...

Published 07 Nov, 2023 02:33pm

Opinion

SBP projections for 2023-24

The Annual Report for 2022-23 on the State of the Economy by the SBP has been released recently. Along with a...

Published 07 Nov, 2023 07:02am

Editorials

Privatisation: tread the path with care

EDITORIAL: The Caretaker government has reportedly assigned Pakistan Institute of Management (PIM) to re-evaluate ...

Published 07 Nov, 2023 06:54am

Opinion

Output: uptick, downtick or ...

This is the first of a two-part series focusing on the significant divergence in calculation of Gross Domestic...

Updated 06 Nov, 2023 06:03am

Opinion

Next IMF programme is not going to be easy

The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The...

Updated 06 Nov, 2023 06:06am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Editorials

Gas price hike: work doesn’t end here

EDITORIAL: After long deliberations and numerous announcements of intent, gas prices have finally increased. ...

Updated 06 Nov, 2023 06:00am

Opinion

Pakistan must adapt to climate change

Pakistan is among the top ten countries most vulnerable to climate change, according to the 2020 Global Climate Risk...

Updated 04 Nov, 2023 06:27am

FTA with GCC states making little or no headway

Free Trade Agreement with Gulf Cooperation Council has neither been signed nor yet finalised at any forum

Updated 04 Nov, 2023 04:05pm

Editorials

Trade deficit

EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance...

Published 03 Nov, 2023 06:11am

Business & Finance

Automakers in Pakistan announce temporary shutdowns as economic woes bite

Pak Suzuki Motor Company announces another shutdown of automobile plants
Agriauto Industries says it will observe a partial shutdown

Updated 01 Nov, 2023 04:35pm

Govt appears confident ahead of SBA talks

Pakistan and IMF will begin crucial discussions on first review of US$3 billion Stand-by-Arrangement from Thursday

Updated 01 Nov, 2023 09:59am

PM optimistic about SBA tranche prospects

LAHORE: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Tuesday that negotiations with the International...

Updated 01 Nov, 2023 09:01am

Higher markup payments will continue to pose big challenges: MoF

ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for...

Updated 01 Nov, 2023 09:59am

Pakistan

Ministry of Finance projects inflation at 27%-29% for October

Consumer Price Index (CPI)-based inflation in Pakistan for October has been projected at 27%-29%, the finance...

Updated 31 Oct, 2023 10:40pm

Pakistan

Punjab unveils Rs2trn budget for four months

LAHORE: The caretaker Punjab government on Monday presented Rs 2076.2 billion four-month (November, December 2023...

Updated 31 Oct, 2023 09:31am

Federal institutions: Rs80bn set aside for debt repayment

LAHORE: In the Punjab’s budget for the next four months, out of the estimated budget of Rs 2076.2 billion, an amount...

Updated 31 Oct, 2023 09:14am

World Bank projects 1.7pc growth rate

ISLAMABAD: The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of...

Updated 31 Oct, 2023 09:15am

Business & Finance

Policy rate kept unchanged on inflation, C/A

KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of...

Published 31 Oct, 2023 05:26am

Business & Finance

Lotte Chemical extends plant shutdown as lower demand persists

Citing lower demand, Lotte Chemical Pakistan Limited (LOTCHEM) announced it will extend the shutdown of its plant...

Updated 30 Oct, 2023 10:18pm

Pakistan

Economic challenges highlighted

ISLAMABAD: The two-day EconFest event concluded here on Sunday where experts and politicians discussed innovative...

Updated 30 Oct, 2023 11:53am

Opinion

Reliance on foreign loans

Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan...

Updated 30 Oct, 2023 05:51am

Opinion

No more gas circular debt buildup?

Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the ...

Updated 30 Oct, 2023 06:01am

Business & Finance

KPTMA seeks PM’s support to deal with challenges facing industry

PESHAWAR: In a resolute and impassioned plea, KP Textile Mills Association (KPTMA) Chairman, Muhammad Kamran Shah ...

Published 30 Oct, 2023 05:24am

Gas tariff hike won’t affect 57pc consumers: govt

Minister for Energy Muhammad Ali says increase in gas tariffs will help control and end the ever-increasing circular debt of petroleum sector

Updated 27 Oct, 2023 11:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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