Trends - Finance Division - Business Recorder

Finance Division

Federal govt employees: Guidelines issued for grant of compensatory allowance

ISLAMABAD: Finance Division has issued new guidelines for grant of compensatory allowance to federal government...

Updated 02 Dec, 2023 09:12am

APP to be executed thru EPADS

ISLAMABAD: The Secretaries Committee, headed by Secretary Cabinet has directed Ministries/ Divisions to prepare...

Updated 27 Nov, 2023 09:22am

Cash credit limit: ECC’s approval sought for Punjab, Sindh

ISLAMABAD: Ministry of National Food Security and Research (M/s NFS&R) has sought ECC approval for Cash Credit...

Updated 23 Nov, 2023 08:44am

ECC approves Rs20bn for Green Corporate Initiative

ISLAMABAD: The Economic Coordination Committee (ECC) has accorded approval for release of Rs 20 billion to Green...

Updated 20 Nov, 2023 09:47am

Nomination date for appointment of VP ECO ETDB extended

ISLAMABAD: The Finance Division has extended nominations for the appointment of vice president in the Economic...

Updated 19 Nov, 2023 10:20am

PSDP is unaffordable: IMF

ISLAMABAD: The International Monetary Fund (IMF) has stated that the Public Sector Development Programme (PSDP) of...

Updated 18 Nov, 2023 08:49pm

DII initiative: ECC allows release of Rs5bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed release of Rs 5 billion for one-time...

Updated 17 Nov, 2023 09:47am

Pakistan

MoITT to form committee to deal with challenge of cyber threats

ISLAMABAD: A Steering Committee of concerned stakeholders will be constituted for the governance of the digital...

Published 14 Nov, 2023 05:08am

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

Less than Rs32,000 gross salary: Fed govt employees allowed special allowance

ISLAMABAD: The government has allowed special allowance to the civil employees of the federal government whose gross...

Updated 08 Nov, 2023 08:32am

Govt yet to finalise merger of ERRA into NDMA

ISLAMABAD: The government has yet to finalise the merger of the Earthquake Reconstruction and Rehabilitation...

Updated 05 Nov, 2023 09:26am

IMF knows full well SOEs govt’s Achilles heel

Shamshad Akhtar shares progress on the Standby Arrangement and briefs IMF on fiscal measures being taken by the government to improve economic situation

Updated 03 Nov, 2023 10:13am

Industrial power consumers: FD terms proposed winter package ‘vague’

ISLAMABAD: The Finance Division has reportedly termed the proposed four-month electricity ‘winter package’ for...

Updated 31 Oct, 2023 09:50am

Business & Finance

MoF decides to hire fulltime member for CCP

ISLAMABAD: The Finance Ministry has decided to hire a member of the Competition Commission of Pakistan (CCP) –...

Published 31 Oct, 2023 05:26am

IMF staff-level talks to start from Nov 2

ISLAMABAD: Ministry of Finance (MoF) has finalised its directions on negotiations related to the on-going IMF...

Updated 27 Oct, 2023 08:48am

Hundreds of uplift projects face the axe

These also include non-starter projects

Updated 26 Oct, 2023 09:53am

Govt braces itself for first review of SBA

All ministries/ divisions and entities share required data with the Finance Division for onward submission to the IMF, before the first review formally starts

Updated 24 Oct, 2023 10:03am

Different projects/programmes: World Bank for adhering to agreed timelines

ISLAMABAD: Expressing concerns at the delays in different projects/programs, the World Bank has urged the...

Updated 21 Oct, 2023 04:49pm

FD invites nominations for appointment of ETDB VP

ISLAMABAD: The Finance Division has invited nominations for the appointment of vice president in the Economic...

Updated 21 Oct, 2023 04:50pm

Pakistan

On tour and duty at Budapest: $261 daily allowance set for govt officials

ISLAMABAD: The federal government has set a daily allowance for officials while on tour and duty at Budapest, the...

Published 19 Oct, 2023 05:10am

Pakistan

‘Daily Allowance’: Ministries, Divisions asked to strictly comply with rules and instructions

ISLAMABAD: Finance Division has directed all the Ministries and Divisions to strictly comply with the rules and...

Published 17 Oct, 2023 05:51am

Business & Finance

RDA inflows rise to $6.75bn

KARACHI: Inflows under the Roshan Digital Accounts (RDA) reached $6.7 billion mark as of September 2023. According ...

Published 17 Oct, 2023 05:51am

Opinion

Can economy afford another Dar tenure?

Key economic indicators reflect a worsening trend (as per data released by the Finance Division) in July-August...

Published 16 Oct, 2023 05:47am

Govt allows name change of Summit Bank to Bank Makramah Ltd

ISLAMABAD: The Federal Cabinet has allowed the name change of Summit Bank to Bank Makramah Limited and voting rights...

Updated 14 Oct, 2023 05:32pm

Editorials

Economy: performance based on expediency?

EDITORIAL: Two and a half months after the staff-level agreement was reached on the Stand-By Arrangement with the...

Published 10 Oct, 2023 06:19am

Cheap power during winter months: Package for industry on the cards

The impact of incremental package will be around Rs 25 billion

Updated 09 Oct, 2023 09:53am

SME Bank may stay as SIFC seeks a reactivation plan

Ministry of Finance asks all ministries to implement all the commitments made with the International Monetary Fund

Updated 05 Oct, 2023 09:47am

Business & Finance

Issue of SPLC lands on MoF desk

ISLAMABAD: The issue of Saudi Pak Leasing Company Limited (SPLC) has reportedly landed at the desk of the Finance...

Published 05 Oct, 2023 06:23am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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