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FDI

PBC launches report on private investment in Pakistan

ISLAMABAD: The Pakistan Business Council (PBC) organised a launch event for its recently published report titled...

Published 26 Aug, 2022 05:35am

Business & Finance

July CAD shrinks 45pc to $1.2bn MoM

KARACHI: Pakistan’s current account deficit (CAD) for July 2022 narrowed by 45 percent on month-on-month basis to...

Published 25 Aug, 2022 06:32am

Pakistan

Pasha lauds MPC’s decision to maintain policy rate

ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ...

Published 24 Aug, 2022 05:08am

Business & Finance

5pc additional tax on manufacturing businesses: PBC voices its concern

KARACHI: Pakistan Business Council (PBC) note with concern from Friday’s press reports that the government is...

Published 20 Aug, 2022 03:41am

Business & Finance

Report called in 10 days: PM orders removal of impediments to inward FDI flows

ISLAMABAD: Prime Minister Shehbaz Sharif has directed for removal of all the hindrances in foreign investment...

Updated 16 Aug, 2022 09:36am

Business & Finance

FWCCI focusing on attracting FDI to women-led businesses

FAISALABAD: Faisalabad Women Chamber and industry has main focus to attract foreign direct investment for women-led...

Published 07 Aug, 2022 05:41am

FY22: Profit repatriation rises to $1.5bn

KARACHI: Foreign investors repatriated some $1.5 billion as profit and dividend on their investments in Pakistan...

Updated 29 Jul, 2022 09:18am

Opinion

Elusive corporate turnaround

This article is not about sovereign states, political parties, celebrities and other boring stuff. It’s about...

Published 27 Jul, 2022 05:23am

Editorials

External account: FDI imperative

EDITORIAL: In Pakistan, one of the reasons behind frequent boom-burst cycles on external account is woeful lack of...

Published 27 Jul, 2022 05:23am

BR Research

FDI in FY22

FY22 has been roller coaster ride not only politically but also economically for the country. For foreign direct...

Published 25 Jul, 2022 09:33am

BR Research

Telecom FDI: down again

As expected, the country’s digital connectivity sector had an abysmal time last fiscal vis-à-vis foreign...

Published 25 Jul, 2022 09:29am

Business & Finance

FY22 FDI surges 2.6pc to $1.868bn

Chinese investment in Pakistan dropped by 29 percent in last fiscal year because of slow down in CPEC

Updated 22 Jul, 2022 12:35pm

Opinion

Is sovereign default inevitable? – III

This third part of this series of articles discusses, among other things, the subject of services imports. As usual,...

Updated 21 Jul, 2022 02:58pm

Business & Finance

Cumulative GDP of $7trn: Member states of ICCIA should capitalise on mutual strengths: FPCCI

KARACHI: President FPCCI Irfan Iqbal Sheikh has said that 57-country alliance of Islamic Chamber of Commerce,...

Published 19 Jul, 2022 06:00am

Life & Style

Dubai retains position as world's top destination for tourism FDI in 2021

Dubai retained its position as the world's top destination for foreign direct investment within the tourism sector ...

Published 18 Jul, 2022 03:21pm

Opinion

Country’s true export potential

The IMF official based in Islamabad has explained how country can realize its true export potential. According to...

Published 09 Jul, 2022 03:57am

Business & Finance

Ahsan lists key requirements for economic stability

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that export-led...

Published 08 Jul, 2022 06:19am

Business & Finance

Chinese firm shows interest in telecom JVs

ISLAMABAD: Norinco Group China has shown keen interest to further the strategic relationship between Pakistan and...

Published 06 Jul, 2022 08:10am

Business & Finance

‘Commercial counsellor’, PCJCCI team discuss trade deficit issue

LAHORE: Ghulam Qadir, Commercial Counsellor of Pakistan designate to Beijing, China visited Pakistan-China Joint...

Published 06 Jul, 2022 07:31am

Editorials

PM’s ‘strategic roadmap’

EDITORIAL: Circumstances leave the government with no option but to think out of the box, which is why the prime...

Published 04 Jul, 2022 06:17am

Opinion

FATF and its impact on country’s economy

Pakistan has gone through so many challenges and adversaries in its relatively short life span of 75 years that it ...

Published 03 Jul, 2022 05:39am

Opinion

‘Democracy didn’t work either’

This is apropos a Business Recorder op-ed ‘Democracy didn’t work either’ carried by the newspaper a week ago....

Published 01 Jul, 2022 06:13am

Pakistan Country Economic Memorandum: Non-mobilisation of talent, resources stunts growth: World Bank

Report notes that since 2000, Pakistan’s real GDP per capita growth has been low at around 2.0 percent – almost 2.7 percentage points lower than the South Asian average

Updated 01 Jul, 2022 11:01am

Business & Finance

PMPMA supports Miftah’s decisions for economic revival

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has fully supported the tough decisions taken...

Published 26 Jun, 2022 05:44am

Opinion

Economy: bleak scenario

Our current grim economic situation is a result of multiple factors—undoubtedly some decisions/inactions by the...

Published 24 Jun, 2022 06:15am

Business & Finance

Strategic roadmap: PM selects 7 key areas

ISLAMABAD: Prime Minister, Shehbaz Sharif has selected seven key areas as first step of his strategic roadmap, for...

Published 24 Jun, 2022 06:15am

Opinion

Demystifying FDI

In an article carried by this newspaper on May 15, 2022 I gave the projected foreign exchange cash flow of the state...

Updated 23 Jun, 2022 09:34am

Business & Finance

July-May FDI declines 5pc to $1.57bn YoY

KARACHI: The Foreign Direct Investment (FDI) decreased by 5 percent during the first 11 months of this fiscal year....

Published 18 Jun, 2022 06:00am

Markets

Jul-May: FDI into Pakistan falls 4.9% on a year-on-year basis to $1.59bn

FDI flows during May registered a decline of 37% YoY

Published 17 Jun, 2022 10:16pm

Pakistan

PM says more cooperation with China is ‘win-win situation’

Shehbaz says teaming up with the neighbour will boost investment, job creation and revenues

Published 15 Jun, 2022 02:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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