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EDB

Solar panel, allied equipment manufacturing: Govt decides to identify, plug policy gaps

Neelofur Hafeez, Joint Secretary (LED), MoI&P briefs about decisions taken in 5th meeting of the Apex Committee of the SIFC

Updated 02 Dec, 2023 03:50pm

Technology

EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan

A four-wheel EV manufacturer yet to approach govt for license under EV policy

Updated 17 Nov, 2023 10:11pm

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

Power plants of 25MW and above: Customs duty exemption opposed

ISLAMABAD: The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P),...

Updated 02 Apr, 2023 10:23am

Business & Finance

Ministry to hold meeting on mobile device manufacturing today

ISLAMABAD: The Ministry of Industries and Production will hold a mobile device manufacturing summit at a hotel here...

Published 24 Jan, 2023 06:06am

Business & Finance

Auto Policy 2016-21: Local car assembling capacity jumps to 0.5m units per year: EDB CEO

ISLAMABAD: Pakistan’s local car assembling capacity per year has increased from 270,000 units to 500,000 within ...

Updated 01 Dec, 2022 11:48am

Markets

Electrical power equipment: EDB urges NTDC, Discos to encourage local suppliers

ISLAMABAD: The Engineering Development Board (EDB) has urged the National Transmission and Despatch Company (NTDC)...

Published 29 Sep, 2022 07:38am

Tax relief under industrial package: Maximum production capacity mandatory for sick units: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major condition on the sick industrial units to attain...

Updated 10 Apr, 2022 10:16am

Opinion

Auto industry: the deletion programme

The automotive industry in Pakistan is one of the fastest-growing industries in the country. It provides job...

Published 12 Mar, 2022 04:08am

Cabinet refuses extension to EDB CEO

ISLAMABAD: Ministry of Industries and Production (MoI&P) is said to have failed to get Federal Cabinet’s nod...

Updated 18 Jan, 2022 09:26am

BR Research

Inside the car policy maze

The Engineering Development Board (EDB) which is a government body under the Ministry of Industries has spent months...

Published 29 Dec, 2021 07:57am

Pakistan

‘Investment opportunities in Pakistan’: BoI, Pak embassy to hold online seminar tomorrow

ISLAMABAD: The Board of Investment (BoI) in collaboration with the Embassy of Pakistan in the US organising a...

Published 15 Dec, 2021 06:34am

Business & Finance

AIDP 2021-26: EDB seeks cost structure from auto industry

ISLAMABAD: The Engineering Development Board (EDB) has sought cost structure from the auto industry and its concerns...

Published 02 Sep, 2021 04:21am

Dawood seeks investment plans from mobile companies to address impediments

Advisor assures association members that current policies would continue and additional incentives would also be given if export targets are met

Updated 28 Aug, 2021 01:50pm

Business & Finance

EDB chairman visits Millat Tractors factory

LAHORE: The EDB Board of Management held its 47th meeting on June 18 at Millat Tractors Limited Lahore, under the...

Published 23 Jun, 2021 04:26am

Business & Finance

Failure to deliver cars in two months: Govt decides to penalise automakers

ISLAMABAD: The government has decided to penalise auto manufacturers, in case of failing to deliver vehicles to the...

Published 01 Jun, 2021 04:59am

GST removal on locally-assembled units: Samsung, OPPO may start manufacturing cellphones

ISLAMABAD: M/s Samsung and M/s OPPO are likely to start local assembly in Pakistan soon after removal of sales tax ...

Published 11 Mar, 2021 05:25am

Pakistan

Automotive Development Policy: PAMA concerned over alleged extension in incentives to new entrants

ISLAMABAD: Pakistan Automotive Manufacturers Association (PAMA) has raised concern over alleged extension in...

Updated 11 Feb, 2021 09:35am

Business & Finance

Business investments into Singapore rise 13pc, highest in over a decade

SINGAPORE: Business investment commitments into Singapore rose 13% last year to their highest in more than a decade,...

Published 21 Jan, 2021 04:23am

Business & Finance

Eurasian Development Bank plans to borrow up to $1bn in 2021

Majority-owned by Russia and Kazakhstan and also present in Belarus, Armenia, Kyrgyzstan and Tajikistan, the EDB raised $537 million in dollar equivalents in 2020.
Next year it plans to raise 10 billion roubles ($136 million) and 50 billion Kazakh tenge ($119 million) .

Published 29 Dec, 2020 08:10pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	6 ▲ 1.00 (20.00%)
Treet Corp. (R) / Dec 11 Treet Corporation Limited (R)(TREETR2)	4.45 ▲ 0.53 (13.52%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.65 ▲ 0.46 (10.98%)
Aisha Steel(ConPS) / Dec 11 Aisha Steel(ConPS)(ASLPS)	8.99 ▲ 0.79 (9.63%)
Tri-Star Mutual / Dec 11 Tri-Star Mutual Fund Limited(TSMF)	5.48 ▲ 0.42 (8.30%)
AEL Textile / Dec 11 AEL Textile Limited(AEL)	26.50 ▲ 1.85 (7.51%)
Burshane LPG / Dec 11 Burshane LPG (Pakistan) Limited(BPL)	22.47 ▲ 1.57 (7.51%)
Ghandhara Tyre / Dec 11 Ghandhara Tyre & Rubber Company Limited(GTYR)	44.69 ▲ 3.12 (7.51%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.93 ▼ -0.81 (-14.11%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
LSE Ventures / Dec 11 LSE Ventures Limited(LSEVL)	5 ▼ -0.49 (-8.93%)
Service Textile / Dec 11 Service Industries Textiles Limited(SERT)	9.71 ▼ -0.84 (-7.96%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Olympia Mills / Dec 11 Olympia Mills Limited(OML)	14.80 ▼ -1.20 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	47.05 ▼ -3.37 (-6.68%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.36 ▼ -0.44 (-6.47%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.18
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.29
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.46
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	52,713,000 ▲ 0.49
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.22
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.12
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	33,142,000 ▲ 0.35
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▼ -0.01
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	31,812,599 ▼ -0.90

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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