Trends - gdp - Business Recorder

gdp

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

Pakistan

NA body told: Pakistan spending only 2pc of GDP on education

ISLAMABAD: Pakistan is spending around two percent of the GDP on education, while others are spending more than 10...

Published 01 Jul, 2021 04:10am

Business & Finance

Liabilities of loss-making SOEs range from 12-18pc of GDP, says World Bank

SOE sector in Pakistan is more than twice as large as the international benchmark, says report

Updated 30 Jun, 2021 12:39pm

Business & Finance

Gujranwala, Gujrat, Sialkot: Punjab govt to establish special industrial zones in three districts

LAHORE: The Punjab government has decided to establish special industrial zones on 2,041 acres in three districts -...

Published 25 Jun, 2021 04:20am

Pakistan

IMF says Pakistan talks ongoing, further discussion needed on structural reforms

IMF spokesman Gerry Rice declines to say if disbursements under $6 billion financing program had been halted

Published 24 Jun, 2021 08:27pm

Opinion

A fragile federal budget — I

The Budget for 2021-22 has been presented and awaits parliamentary approval. This article is in two parts and...

Published 22 Jun, 2021 04:46am

Markets

Gulf states will take at least 10 years to end oil dependence: Moody’s

DUBAI: Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the...

Published 22 Jun, 2021 04:46am

World economy back at pre-pandemic level: IHS Markit

PARIS: The global economy has surpassed its pre-pandemic peak, data survey firm IHS Markit said Monday, as the...

Published 22 Jun, 2021 04:46am

Pakistan

Fight against corruption high priority: NAB chief

ISLAMABAD: Chairman of National Accountability Bureau (NAB) former Justice Javed Iqbal has said that corruption is...

Published 21 Jun, 2021 03:43am

Business & Finance

Saudi inflation rate rises again in May, hits 5.7%

Consumer prices rose slightly on a month-on-month basis, by 0.2%.

Published 15 Jun, 2021 12:42pm

Business & Finance

COMMENTS ON FY2020-21 BUDGET

INTRODUCTION OF SPECIAL TAX REGIME FOR SMALL AND MEDIUM SIZE MANUFACTURING ENTERPRISE The Bill proposes to ...

Published 14 Jun, 2021 03:39am

Business & Finance

Federal Budget 2021-22: Comments & Observations

General Comments: The Budget Presented on Friday [June 11, 2021] is one of the best documents presented in almost...

Published 14 Jun, 2021 03:39am

Business & Finance

UBG officials term budget balanced in present circumstances

KARACHI: Patron-in Chief of United Business Group (UBG) S M Muneer and UBG President Zuberi Tufail have termed the...

Published 13 Jun, 2021 03:56am

Budget

What some of the budget measures mean

Business Recorder helps break down some of the proposals that may impact you

Published 12 Jun, 2021 09:24pm

Budget

Allocation for defence raised by 6.2percent

ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in...

Published 12 Jun, 2021 05:04am

Pakistan

No relief for poor in budget: PML-N

LAHORE: Pakistan Muslim League-Nawaz (PML-N) has rejected budget 2021-22, saying the incompetent government has...

Published 12 Jun, 2021 05:04am

Business & Finance

Rs91.97bn earmarked for education affairs, services

ISLAMABAD: The government has earmarked Rs 91.97 billion for the education affairs and services in the federal ...

Published 12 Jun, 2021 05:04am

Budget

Proposal to tax internet data usage criticised as reactions to budget pour in

Finance Minister Shaukat Tarin announced proposals in speech earlier on Friday

Updated 11 Jun, 2021 08:49pm

Budget

Pakistan targets 4.8% GDP growth in upcoming fiscal year

Finance minister unveils third budget of PTI government
CGT reduced on sale of shares
No new taxes on salaried persons in upcoming fiscal year

Updated 12 Jun, 2021 05:06am

Installed power capacity grows 3.6pc

ISLAMABAD: The country’s installed capacity of electricity has posted a growth 3.6 percent to 37,261 MW till April...

Published 11 Jun, 2021 03:41am

Agri sector grows 2.8pc

ISLAMABAD: The agriculture sector in the country witnessed 2.8 percent growth July-March 2021 as per Economic Survey...

Published 11 Jun, 2021 03:41am

Business & Finance

Economic Survey 2020-21: Expenditure on education stands at 1.5pc of GDP

Islamabad: Pakistan’s literacy rate is stagnant at 60 percent in 2019-20 since 2014-15, while cumulative education...

Published 11 Jun, 2021 03:41am

Business & Finance

Around 97pc of MSMEs functioning in informal sector

KARACHI: Around 97pc of micro, small and medium enterprises (MSMEs) are under individual ownership and mainly ...

Published 11 Jun, 2021 03:41am

JP Morgan puts weight behind Pakistan's economy, but cautions over challenges

In its report, 'Pakistan: Reassessing the investment thesis', JP Morgan says impact of remittances to fade in coming months

Updated 10 Jun, 2021 09:47pm

Pakistan

Defence budget: Rs1.33trn to be allocated in FY2021-22

ISLAMABAD: Total defence allocation for next fiscal year (2021-22) would be 17 percent of the total budget and 2.6...

Published 08 Jun, 2021 04:09am

Annual plan 2021-22: Macroeconomic framework approved by NEC; Sindh CM speaks out on ‘injustices’

ISLAMABAD: A meeting of the National Economic Council (NEC) on Monday approved macroeconomic framework for the next...

Published 08 Jun, 2021 04:09am

Editorials

Unwinding the stimulus

EDITORIAL: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir commented in a recent interview to a foreign...

Published 07 Jun, 2021 03:34am

Gainers
Losers
Leaders

Stock	Price
Sally Tex. / Jul 29 Sally Textile Mills Limited(SLYT)	5.39 ▲ 0.79 (17.17%)
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Ist Paramount / Jul 29 First Paramount Modaraba(FPRM)	8.69 ▲ 0.89 (11.41%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
Sardar Chemical / Jul 29 Sardar Chemical Industries Limited(SARC)	38.19 ▲ 2.66 (7.49%)
Maqbool Tex. / Jul 29 Maqbool Textile Mills Limited(MQTM)	35.78 ▲ 2.49 (7.48%)
Leiner Gelatine / Jul 29 Leiner Pak Gelatine Limited(LPGL)	26.62 ▲ 1.85 (7.47%)
Thal Ind. / Jul 29 The Thal Industries Corporation Limited(TICL)	319.50 ▲ 21.19 (7.10%)

Stock	Price
SME Leasing Ltd. / Jul 29 SME Leasing Limited(SLL)	2.97 ▲ -0.97 (-24.62%)
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	2.72 ▲ -0.33 (-10.82%)
First Fid. Leas. / Jul 29 First Fidelity Leasing Modaraba(FFLM)	3.02 ▲ -0.28 (-8.48%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 29 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)
TPL Ins. / Jul 29 TPL Insurance Limited(TPLI)	37.35 ▲ -2.99 (-7.41%)
J.A.Textile / Jul 29 J.A. Textile Mills Limited(JATM)	13.87 ▲ -1.01 (-6.79%)

Stock	Volume
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	44,523,500 ▼ 0.00
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	40,845,000 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	14,576,481 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	8,669,500 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	8,369,000 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	8,311,940 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	8,123,500 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	6,580,500 ▼ 0.00
TRG Pakistan / Jul 29 TRG Pakistan Limited(TRG)	6,481,532 ▼ 0.00
Telecard Ltd. / Jul 29 Telecard Limited(TELE)	6,437,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

gdp

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

Japan maintains economic assessment in July report

Small-scale Chilean miners left out of copper price bonanza

US deficit to top $3 trillion again: budget office

NA body told: Pakistan spending only 2pc of GDP on education

Liabilities of loss-making SOEs range from 12-18pc of GDP, says World Bank

Gujranwala, Gujrat, Sialkot: Punjab govt to establish special industrial zones in three districts

IMF says Pakistan talks ongoing, further discussion needed on structural reforms

A fragile federal budget — I

Gulf states will take at least 10 years to end oil dependence: Moody’s

World economy back at pre-pandemic level: IHS Markit

Fight against corruption high priority: NAB chief

Saudi inflation rate rises again in May, hits 5.7%

COMMENTS ON FY2020-21 BUDGET

Federal Budget 2021-22: Comments & Observations

UBG officials term budget balanced in present circumstances

What some of the budget measures mean

Allocation for defence raised by 6.2percent

No relief for poor in budget: PML-N

Rs91.97bn earmarked for education affairs, services

Proposal to tax internet data usage criticised as reactions to budget pour in

Pakistan targets 4.8% GDP growth in upcoming fiscal year

Installed power capacity grows 3.6pc

Agri sector grows 2.8pc

Economic Survey 2020-21: Expenditure on education stands at 1.5pc of GDP

Around 97pc of MSMEs functioning in informal sector

JP Morgan puts weight behind Pakistan's economy, but cautions over challenges

Defence budget: Rs1.33trn to be allocated in FY2021-22

Annual plan 2021-22: Macroeconomic framework approved by NEC; Sindh CM speaks out on ‘injustices’

Unwinding the stimulus

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