Trends - gdp - Business Recorder

gdp

IMF projects 4pc GDP growth for Pakistan in 2022

The Fund projects inflation rate at 8.5 percent for 2022 against 8.9 percent in 2021
Current account balance projected at negative 3.1 percent for 2022 compared to negative 0.6 percent for 2021

Updated 13 Oct, 2021 08:55am

Business & Finance

Qatar's economy grows 4% in Q2 boosted by non-hydrocarbon activities

DUBAI: Qatar's economy grew 4% year-on-year in the second quarter, according to official preliminary estimates,...

Published 03 Oct, 2021 11:24am

Business & Finance

UK economy rebounded more than expected in second quarter

LONDON: Britain's economy performed better than previously thought in the second quarter, as households spent more...

Published 30 Sep, 2021 12:42pm

Business & Finance

Vietnam reports record GDP slump in Q3 due to COVID-19 curbs

HANOI: Vietnam's gross domestic product contracted 6.17% in the third quarter of 2021 from a year earlier as ...

Published 29 Sep, 2021 11:55am

Markets

World Bank cuts Thai GDP growth outlook to 1% this year

BANGKOK: Thailand's economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike ...

Published 28 Sep, 2021 12:21pm

Markets

Minerals Data Centre being established for investors' facilitation

ISLAMABAD: Petroleum Division, during the current fiscal year, would initiate a new project to compile the data of...

Published 27 Sep, 2021 05:51am

Pakistan

CM vows full support to Chinese investors

LAHORE: The Punjab government is thankful to Chinese for extending cooperation on CPEC Projects in the province and...

Published 24 Sep, 2021 04:40am

World

BIS warns of potential green investments bubble

ZURICH: The Bank for International Settlements, considered the central bank of central banks, warned Monday of a...

Published 21 Sep, 2021 04:10am

World

In a major shift, Canada election heralds more government spending

Monday's snap election is expected to herald an era of more big spending, with both Liberals and the usually thrifty Tories

Published 19 Sep, 2021 11:03am

Business & Finance

Japan upgrades Q2 GDP on stronger business spending

Revised gross domestic product (GDP) data by the Cabinet Office released on Wednesday showed the economy grew an annualised 1.9% in April-June

Published 08 Sep, 2021 12:43pm

Editorials

SMEs: policy needs provincial support

EDITORIAL: This government is rightly lending focus to the promotion of Small and Medium Enterprises (SMEs) in the...

Published 06 Sep, 2021 06:14am

Business & Finance

Australia dollar finds relief in positive GDP

SYDNEY: The Australian dollar enjoyed a relief bid on Wednesday after data showed the economy had dodged a technical...

Published 02 Sep, 2021 04:21am

BR Research

Reining the fiscal deficit in

The fiscal performance in FY21 remained largely in line with expectations – the consolidated deficit stood at 7.1...

Published 30 Aug, 2021 07:25am

Opinion

2020-21 - the year of pandemic

The three-year ceremony of the Pakistan Tehrik-i-Insaaf (PTI) government held at the imposing conference centre in...

Published 30 Aug, 2021 06:58am

Pakistan

'CCP to present viable recommendations on SMEs' growth'

FAISALABAD: "Competition Commission of Pakistan (CCP) in line with its mandate to promote healthy competition for...

Published 29 Aug, 2021 03:08am

Business & Finance

South Africa rebases GDP, revises economic growth figures

That was up 11% compared with a previous estimate of 4.97 trillion rand

Updated 25 Aug, 2021 02:41pm

Business & Finance

Slow Covid vaccination to cost global economy $2.3 trillion: study

The Economist Intelligence Unit's study found that emerging and developing economies, whose vaccine rollouts are far behind those of wealthier countries

Published 25 Aug, 2021 09:44am

Business & Finance

Kazakhstan drafts 2022 budget with deficit at 3.3% of GDP

The Central Asian nation plans to produce 87.9 million tonnes of oil, its main export, and expects its economy to grow 3.9% next year

Published 24 Aug, 2021 12:01pm

Markets

Australian shares snap 4-day winning streak as lockdowns, dour earnings weigh

After Friday's record-high finish, the S&P/ASX 200 index ended down 0.6% at 7,582.5 to mark its worst day since July 28

Published 16 Aug, 2021 01:15pm

Business & Finance

Thai Q2 GDP beats forecasts, but outlook cut as COVID-19 hampers recovery

From a year earlier, gross domestic product (GDP) grew 7.5% in the June quarter, beating the 6.4% rise forecast by economists, due largely to a GDP slump last year when the pandemic first hit

Updated 16 Aug, 2021 11:50am

World

Indonesia proposes 2022 fiscal deficit at 4.85% of GDP

The president has set a gross domestic product growth target within a range of 5% to 5.5% next year

Published 16 Aug, 2021 10:36am

Markets

Asian stocks mixed as China recovery weakens

But he added that "the national economy continues to stabilise and recover" overall

Published 16 Aug, 2021 09:53am

Business & Finance

Singapore lifts GDP forecast as export markets get vaccine boost

For the second quarter to June, Singapore's economy grew 14.7 percent on-year, taking first half growth to 7.7 percent, it said

Published 11 Aug, 2021 09:28am

Opinion

Elite farmers capture incentives

Agriculture contributes 24 percent to Pakistan's Gross Domestic Product (GDP) - directly, as well as indirectly...

Published 09 Aug, 2021 05:05am

Pakistan

Moot demands tagging of 8pc of GDP for education

LAHORE: Members of civil society on Saturday demanded that federal and provincial governments should allocate 8...

Published 01 Aug, 2021 04:46am

Business & Finance

Hong Kong GDP up 7.5% in Q2 as post recession recovery continues

Despite securing ample supplies to vaccinate everyone, only 46 percent of Hong Kongers have received one or more shots

Published 30 Jul, 2021 03:17pm

Business & Finance

South Korea's Q2 GDP growth hits decade high but risks loom

The main driver of growth in the second quarter was private consumption and government expenditure, which rose 3.5% and 3.9%, respectively, on-quarter

Published 27 Jul, 2021 10:56am

World

Japan maintains economic assessment in July report

They said Japan's exports were gradually increasing due to a recovery of overseas economies

Published 19 Jul, 2021 11:37am

Business & Finance

Small-scale Chilean miners left out of copper price bonanza

Chile is the world's top producer of copper, making up 28 percent of global output

Published 09 Jul, 2021 09:48am

Markets

US deficit to top $3 trillion again: budget office

The deficit is slightly lower than in the 2020 fiscal year, but higher than projected in the CBO's February estimates due to the massive stimulus program approved in March

Published 02 Jul, 2021 10:00am

Gainers
Losers
Leaders

Stock	Price
Crescent Star / Oct 19 Crescent Star Insurance Limited(CSIL)	2.75 ▲ 0.61 (28.50%)
Dost Steel / Oct 19 Dost Steels Limited(DSL)	4.22 ▲ 0.62 (17.22%)
Pak. P.V.C. / Oct 19 Pakistan PVC Limited(PPVC)	5.80 ▲ 0.49 (9.23%)
Dewan Sugar / Oct 19 Dewan Sugar Mills Limited(DWSM)	3.92 ▲ 0.31 (8.59%)
Landmark Sp. / Oct 19 Landmark Spinning Industries Limited(LMSM)	13.99 ▲ 0.99 (7.62%)
Pak Engg. / Oct 19 Pakistan Engineering Co Limited(PECO)	355.28 ▲ 24.78 (7.50%)
Arif Habib Corp. / Oct 19 Arif Habib Corporation Limited(AHCL)	38.16 ▲ 2.66 (7.49%)
Arshad Energy / Oct 19 Arshad Energy Limited(AEL)	23.27 ▲ 1.62 (7.48%)
First Prud Mod. / Oct 19 First Prudential Modaraba(PMI)	2.19 ▲ 0.15 (7.35%)
Habib Ins. / Oct 19 Habib Insurance Company Limited(HICL)	7.60 ▲ 0.52 (7.34%)

Stock	Price
Sazgar Engg. / Oct 19 Sazgar Engineering Works Limited(SAZEW)	124.49 ▲ -27.00 (-17.82%)
Mughal Iron / Oct 19 Mughal Iron & Steel Industries Limited(MUGHAL)	79.44 ▲ -16.99 (-17.62%)
Tri-Star Power / Oct 19 Tri-Star Power Limited(TSPL)	5.12 ▲ -0.87 (-14.52%)
Citi Pharma / Oct 19 Citi Pharma Limited(CPHL)	37.49 ▲ -5.82 (-13.44%)
Nishat (Ch) / Oct 19 Nishat Chunian Limited(NCL)	43.25 ▲ -5.26 (-10.84%)
SME Leasing Ltd. / Oct 19 SME Leasing Limited(SLL)	3.11 ▲ -0.37 (-10.63%)
At-Tahur Ltd. / Oct 19 At-Tahur Limited(PREMA)	25.65 ▲ -2.87 (-10.06%)
Next Capital / Oct 19 Next Capital Limited(NEXT)	11.00 ▲ -1.00 (-8.33%)
HBL Inv.Fund / Oct 19 HBL Investment Fund(HIFA)	2.85 ▲ -0.25 (-8.06%)
Suraj Cotton / Oct 19 Suraj Cotton Mills Limited(SURC)	229.90 ▲ -20.10 (-8.04%)

Stock	Volume
Hum Network / Oct 19 Hum Network Limited(HUMNL)	24,939,000 ▼ 0.00
Worldcall / Oct 19 Worldcall Telecom Limited(WTL)	20,730,000 ▼ 0.00
Hascol Petroleum / Oct 19 Hascol Petroleum Limited(HASCOL)	13,823,347 ▼ 0.00
Unity Foods / Oct 19 Unity Foods Limited(UNITY)	13,459,138 ▼ 0.00
Dost Steel / Oct 19 Dost Steels Limited(DSL)	9,868,000 ▼ 0.00
Service Fab. / Oct 19 Service Fabrics Limited(SERF)	8,789,000 ▼ 0.00
Bank of Punjab / Oct 19 The Bank of Punjab(BOP)	8,402,500 ▼ 0.00
Telecard Ltd. / Oct 19 Telecard Limited(TELE)	8,389,000 ▼ 0.00
Byco Petroleum / Oct 19 Byco Petroleum Pakistan Limited(BYCO)	7,257,000 ▼ 0.00
TRG Pakistan / Oct 19 TRG Pakistan Limited(TRG)	6,575,597 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	171.25
USD PKR Interbank Buying / Oct 16	171.15
USD to Japanese Yen / Oct 16	114.22
USD to Swiss Franc / Oct 16	0.92
Pound Sterling to USD / Oct 16	1.38
Euro to USD / Oct 16	1.16
UK LIBOR % / Oct 16	0.07

Stock	Volume
S&P 500 / Oct 16	4471.37
India Sensex / Oct 16	61305.95
Tokyo Nikkei / Oct 16	29068.63
Nasdaq / Oct 16	14897.34
Hang Seng / Oct 16	25330.96
FTSE 100 / Oct 16	7234.03
Dow Jones / Oct 16	35294.76
Germany DAX 30 / Oct 16	15587.36
France CAC40 / Oct 16	6727.52

Item	Value
Crude Oil / Oct 16	82.28
Karachi Cotton Assoc. / Oct 16	14280.00
Gold 10 Grams / Oct 16	98600.00
Gold Spot / Oct 16	1767.62
Cotton / Oct 16	107.33

gdp

Most Popular Articles