Trends - Economic growth - Business Recorder

Economic growth

Unveiling the malaise and despondency

The recent success on IMF (International Monetary Fund) funding, a bullish stock market, the rupee value stabilizing...

Published 09 Dec, 2023 05:46am

Opinion

Pakistan: leadership crisis

The primary constituents of economic growth encompass physical capital, infrastructure, human capital, and...

Published 01 Dec, 2023 04:43am

Economic growth has to be backed by structural reforms: Shamshad

ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability...

Updated 24 Nov, 2023 09:44am

Business & Finance

P3A discusses economic growth

ISLAMABAD: The Board of Directors of the Public Private Partnership Authority (P3A) discussed economic growth,...

Published 18 Nov, 2023 06:03am

Opinion

Compelling need for implementing WACOG Law

For years, Pakistan has grappled with an energy crisis, with natural gas being a crucial component of the ...

Published 21 Oct, 2023 06:05am

World

Middle East growth to recover in 2024 but structural issues to weigh: IMF

DUBAI: Economic growth in the Middle East and North Africa region is expected to accelerate in 2024 after a slowdown...

Published 12 Oct, 2023 03:18pm

BR Research

Rice: leveraged exports bottom out

High interest rates effectively reveal what economic growth looks like in a credit starved economy. During FY22,...

Published 12 Oct, 2023 08:28am

World Bank projects primary balance at negative 0.4pc

ISLAMABAD: The World Bank has projected a primary balance for Pakistan at negative 0.4 percent (-0.4) for the...

Updated 04 Oct, 2023 08:36am

Q1 SRB collection up 44pc to Rs52.12bn YoY

ISLAMABAD: The Sindh Revenue Board (SRB) has collected Rs52.12 billion during the first quarter of the fiscal year...

Updated 01 Oct, 2023 09:31am

Opinion

How far ahead of Pakistan is India?—II

The Indian diaspora is quite highly placed in developed economies where a number of Indians are also part of ...

Updated 23 Sep, 2023 06:38am

Business & Finance

Iranian envoy lauds govt’s two key initiatives for economic growth

LAHORE: Ambassador of Iran Dr Reza Amiri Moghaddam expressed optimism about two key initiatives that are being...

Published 23 Sep, 2023 05:58am

Pakistan

Downward revision: ADB sees Pakistan’s GDP growth to ‘recover modestly’ to 1.9% in FY24

Prospects closely tied to steadfast and consistent implementation of policy reforms to stabilise economy and rebuild fiscal, external buffers, it says

Updated 20 Sep, 2023 10:56pm

Opinion

Unraveling state of engineering industry

The industrial sector is unquestionably important to Pakistan’s economy, contributing significantly to its growth...

Updated 20 Sep, 2023 07:05am

Technology

Technology fundamentally has shaped geopolitics, economics for a long time: Anne Neuberger

WASHINGTON: Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology at the National...

Published 18 Sep, 2023 06:32am

Opinion

Decoupling of energy and growth in Pakistan

Pakistan’s energy demand has risen by 2.4%, but 25% of the population still lacks electricity. Shortages and...

Updated 14 Sep, 2023 06:42am

Business & Finance

Blome advocates private sector investment for economic growth

LAHORE: The private sector plays a vital role in creating jobs, and stimulating economic growth. This was the...

Updated 12 Sep, 2023 01:48pm

Business & Finance

UBG discusses ways to foster economic growth

KARACHI: Delving into the economic situation of Pakistan, the UBG core committee contemplated the prevailing...

Published 24 Aug, 2023 06:22am

BR Research

Crisis of confidence

The currency touched its lowest value yesterday. PKR/USD closed at 299 and is all set to cross the psychological...

Updated 23 Aug, 2023 10:30am

Opinion

Fiscal discipline key to reforms

Before Pakistan can embark on the long and tedious journey of structural reforms, fiscal discipline must be embraced...

Published 23 Aug, 2023 05:50am

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

Jul-Mar FY23: New loan pacts worth $7.228bn signed with development partners: EAD

ISLAMABAD: A prudent external debt management strategy coupled with strong institutional arrangements is necessary...

Updated 22 Aug, 2023 09:27am

Business & Finance

Taiwan sees economic growth this year at slowest in 8 years

TAIPEI: Taiwan’s export-dependent economy will probably grow at its slowest pace in eight years this year, the...

Published 21 Aug, 2023 06:43am

BR Research

Interview with Suleman G. Abro - Founder, President, and CEO – SAFCO Microfinance Company (Private) Limited

‘We’re empowering the rural and marginalized communities by bringing them into mainstream with economic growth and...

Published 07 Aug, 2023 08:16am

Opinion

Future drivers of country’s growth

The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,...

Published 05 Aug, 2023 06:00am

Senate passes crucial bill to pave the way: Setting-up of sovereign wealth fund in sight

Law Minister Azam Nazeer Tarar presents bill on behalf of the interior minister

Updated 03 Aug, 2023 09:55am

Opinion

Rewiring the investment model

Pakistan’s Investment to GDP ratio has remained stubbornly low compared to other emerging markets for many years....

Published 02 Aug, 2023 06:47am

Business & Finance

Risks to inflation skewed to upside over medium term in Sri Lanka, central bank says

COLOMBO: Risks to inflation in Sri Lanka and real economic growth projections are skewed to the upside over the...

Published 31 Jul, 2023 05:53pm

Policy continuation, forex financing a must for growth

ISLAMABAD: The Finance Division has stated that prudent and effective economic decisions, political and economic...

Updated 27 Jul, 2023 09:10am

Opinion

The youth bulge

The high rate of population growth of Pakistan, among the highest in the world, has led to the emergence of a large...

Updated 04 Jul, 2023 05:50am

FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’

Says it is sustainable path to provide employment and livelihood to common citizen

Updated 17 Jun, 2023 09:00am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 11 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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