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economy

An anti-citizen policy?

Governments are supposed to make people-friendly and welfare-oriented policies. Citizens should not be just tax...

Published 14 May, 2024 05:18am

Business & Finance

Uzbek FM calls on Zardari ‘Need to enhance bilateral cooperation in various sectors’

ISLAMABAD: President Asif Ali Zardari said that there is a need to further enhance bilateral cooperation with...

Published 10 May, 2024 04:17am

Business & Finance

BMP against harmful actions to national economy, people

LAHORE: The private sector leadership under the banner of Pakistan Businessmen Panel has always stood firm and ...

Published 04 May, 2024 05:48am

Pakistan

Minister stresses safety of coal miners

KARACHI: Provincial Minister for Energy, Planning and Development Syed Nasir Hussain Shah while talking to various...

Published 02 May, 2024 04:58am

Opinion

Ending hopium—lV

Our unsustainable economy is challenging our survival and requires measures by Ministry of Federal Education and...

Published 30 Apr, 2024 03:43am

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

Business & Finance

Germany nudges up growth forecast, ailing economy at ‘turning point’

FRANKFURT: The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs...

Published 29 Apr, 2024 04:49am

Opinion

It’s all about the economy

Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational...

Updated 27 Apr, 2024 05:28am

Opinion

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned...

Published 26 Apr, 2024 04:15am

Opinion

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by...

Published 23 Apr, 2024 03:41am

Business & Finance

ME tension poses a risk to recovery of global economy: PBIF

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ...

Published 19 Apr, 2024 05:07am

Perspectives

Global events and effects on Pakistan’s inflation

When the Muslim world was celebrating Eid, global capital markets were shaken, and aftershocks expected. Although...

Published 17 Apr, 2024 03:45pm

Opinion

Ending hopium—I

Is it time to implement manifestos, return to the drawing board under the shadow of a national government, maintain...

Updated 18 Apr, 2024 09:23pm

Pakistan

Minister urges private sector to explore new opportunities

KARACHI: Federal Minister for Privatization, Board of Investment and Communications Abdul Aleem Khan has said that...

Published 16 Apr, 2024 03:38am

Economy showing positive signs, claims govt

Attaullah Tarar says govt determined to resolve problems faced by the country and concrete measures are being taken to improve the national economy.

Updated 07 Apr, 2024 07:09pm

Economic recovery govt’s top priority: Tarar

LAHORE: Federal Minister for Information and Broadcasting Ataullah Tarar said on Saturday that recovery of the...

Updated 31 Mar, 2024 10:51pm

Business & Finance

Attacks on foreign experts termed attacks on economy

KARACHI: Chairman of National Business Group Pakistan, and President Pakistan Businessmen and Intellectuals Forum...

Published 30 Mar, 2024 08:17am

Business & Finance

Experts stress less reliance on IMF

KARACHI: Speakers at a seminar here stressed the importance of Islamic financial system, IT and agriculture sectors...

Published 30 Mar, 2024 08:09am

Pakistan

‘Bandits become threat to economy’

KARACHI: Chairman of National Business Group Pakistan, and President Pakistan Businessmen and Intellectuals Forum...

Published 27 Mar, 2024 04:38am

Editorials

Bringing traders into the tax net

EDITORIAL: Successive governments in Pakistan have tried and failed to bring the country’s traders and retailers...

Updated 27 Mar, 2024 05:07am

Opinion

Aurangzeb has his work cut out for him

In understanding the nation’s economy, there’s a clear distinction between an economist serving as the finance...

Published 24 Mar, 2024 03:02am

Opinion

Income, not consumption, taxes: Applying a ‘national income tax’ for a welfare state

‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by...

Updated 22 Mar, 2024 11:00am

Business & Finance

Sri Lanka’s economy shrank 2.3pc in 2023

COLOMBO: Sri Lanka’s economy shrank 2.3 percent in 2023, official data showed on Friday, as the island nation...

Published 18 Mar, 2024 04:56am

World

New global record for profits paid out to shareholders: study

PARIS: Global dividend payments hit a record $1.66 trillion in 2023 according to a report by asset manager Janus...

Published 14 Mar, 2024 03:00am

Opinion

‘Economy on a knife-edge after election’

This is apropos a Business Recorder op-ed “Economy on a knife-edge after election” carried by the newspaper...

Published 13 Mar, 2024 06:32am

Opinion

‘Challenges, challenges’

This is apropos a Business Recorder op-ed “Challenges, challenges” carried by the newspaper yesterday. That the...

Published 06 Mar, 2024 04:18am

Pakistan

Pakistan will emerge as a largest economy: Gohar

LAHORE: Former Caretaker Federal Minister for Commerce and Industry and Interior, Dr Gohar Ijaz, addressed the...

Published 05 Mar, 2024 03:09am

Opinion

Incoming government and some important economic policy initiatives

High inflationary situation should be among the top most priorities of the incoming government. Over-board aggregate...

Published 01 Mar, 2024 02:59am

Editorials

New scheme for traders

EDITORIAL: One can only wish the government good luck as it now tries to collect an estimated Rs500 billion from a...

Published 01 Mar, 2024 02:59am

Editorials

State of the economy: Moody’s take

EDITORIAL: Moody’s Investor Service, one of the three major international rating agencies, has kept Pakistan ...

Published 29 Feb, 2024 04:41am

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	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36
France CAC40 / May 15	8239.99
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

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

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

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

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