Trends - Hungary - Business Recorder

Hungary

Pakistan, Hungary launch ‘Trade & Economic Window’ to boost cooperation

Hungary’s Foreign Minister said Hungary’s big companies relating to food, technology, medical and IT were planning to invest in Pakistan.

Published 25 Mar, 2021 06:27pm

Pakistan

Pakistan, Hungary launch trade, economic window to boost commercial and economic linkages

The Foreign Minister expressed the confidence that the window will further enrich their bilateral relations.

Published 25 Mar, 2021 05:39pm

Business & Finance

Hungary companies planning to invest in Pakistan

Pakistan and Hungary launched the ‘Trade & Economic Window’ for collaboration in diverse fields and explore joint ventures in energy, information technology, and tourism.

Published 25 Mar, 2021 02:42pm

World

Vienna and nearby regions to close non-essential shops over Easter

Of Austria's nine provinces, those three are among the hardest-hit and have high levels of the more contagious British variant of the coronavirus, which has been causing severe cases faster and often required longer hospital stays.
Health Minister Rudolf Anschober has spoken of a "looming collapse" in eastern Austria's intensive-care wards.

Published 24 Mar, 2021 05:26pm

Business & Finance

Hungary's construction output rises by 11% y/y in Jan

The volume of new orders rose by 8% year-on-year, while the stock of orders at the end of the month was 11.5% higher than in the same period a year ago.

Published 16 Mar, 2021 01:49pm

World

Poland, Hungary object to EU rule of law budget mechanism

Hungarian Justice Minister Judit Varga said on Facebook: "We can't keep that EU legislation in force, which seriously infringes legal certainty."

Published 11 Mar, 2021 04:45pm

Business & Finance

Revised dual taxation treaty with Hungary enforced

ISLAMABAD: The Federal Board of Revenue (FBR) has enforced the revised the Convention for the Avoidance of Double...

Updated 04 Mar, 2021 09:33am

World

Hungary starts using Chinese vaccine in EU first

BUDAPEST: Hungary on Wednesday became the first EU nation to start using China’s coronavirus Sinopharm vaccine,...

Published 25 Feb, 2021 04:58am

World

Hungary starts using Chinese vaccine in EU first: PM

Hungary, whose population is around 10 million, has ordered five million doses of the Chinese jab.

Published 24 Feb, 2021 05:26pm

World

In EU first, Chinese vaccines arrive in Hungary

BUDAPEST: Hungary on Tuesday became the first EU country to receive China’s Sinopharm coronavirus vaccine as an...

Updated 17 Feb, 2021 09:48am

World

In EU first, Chinese vaccines arrive in Hungary

Orban's government announced late last month that it had ordered a total of five million Sinopharm doses.

Updated 16 Feb, 2021 06:53pm

World

Hungary denies EU executive seeks legal changes to protect stimulus spending

Fake news that European Commission requested Hungary to amend public procurement laws.
The government did not receive any kind of request from the European Commission, neither official nor informal.

Published 09 Feb, 2021 05:16pm

World

EU tells Hungary to change procurement, cites ‘systemic’ fraud

The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
Competition in public procurement is insufficient in practice," said the document, adding that that was linked to "systemic irregularities".

Published 08 Feb, 2021 05:38pm

World

EU to Hungary: change procurement to bar ‘systemic’ fraud from recovery stimulus

The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
The document called specifically for improved data transparency and accessibility, arguing that that would lead to a fairer and more open procurement process.

Published 08 Feb, 2021 05:14pm

World

Hungary says first Chinese jabs can be given this month

BUDAPEST: Hungary plans to begin administering the Chinese-made Sinopharm coronavirus vaccine to its citizens later...

Published 06 Feb, 2021 04:06am

Business & Finance

Hungary's retail sales fall by 4% y/y in Dec

Food sales rose by 1.9% year-on-year, non-food sales were down by 9.3%, while fuel sales plunged by 11.9%, it said.

Published 04 Feb, 2021 01:22pm

World

Hungary's drug regulator approves China’s Sinopharm vaccine

The government opened the door to the Chinese vaccine on Thursday when it announced that it would grant emergency use approval to any shot already administered to at least a million people anywhere in the world.
“We have practically made an agreement with Sinopharm,” Gulyas said. “The first shipment could include up to one million doses.”

Published 29 Jan, 2021 04:33pm

World

Hungary extends virus state of emergency, lockdown

Higher education institutions and high schools remain closed, although primary schools and kindergartens can stay open.

Published 28 Jan, 2021 07:46pm

World

Hungary launches offensive against US tech giants

Hungarian Justice Minister said the government "will propose a law to the Parliament this spring" aimed at curbing the power of Big Tech.

Published 27 Jan, 2021 05:17pm

World

Hungary PM says too early to talk about lifting COVID-19 restrictions

Hungary is also in talks with China's Sinopharm to buy its coronavirus vaccine.

Published 22 Jan, 2021 12:28pm

World

Serbia receives million doses of China's Sinopharm COVID-19 vaccine

I would like to thank President Xi Jinping and Chinese leadership for sending us one million doses of the vaccine.
Hungary expects its medical regulator to approve use of the Sinopharm vaccine for mass inoculation.

Published 16 Jan, 2021 06:43pm

World

Hungary detects UK variant of coronavirus, surgeon general says

My colleagues have identified the UK virus variant, already found in neighbouring countries, in the samples of three patients.
Nearly 5,000 people are currently hospitalised with the disease, putting a strain on the healthcare system.

Published 13 Jan, 2021 04:39pm

World

Hungary should extend partial lockdown beyond Monday, surgeon general says

The government has the authority to make a decision (about the protective measures).
However, the pandemic is ongoing, and case numbers have risen sharply in neighbouring countries, which means that upholding the (existing) measures is justified.

Published 06 Jan, 2021 04:54pm

World

Hungary cools on Russian Covid jab, scolds EU on vaccines

In November Budapest boasted that Hungary was the first European country to receive test samples of the Russian vaccine.

Published 03 Jan, 2021 05:08pm

World

Hungary to start vaccinations, launch anti-COVID economic measures

Hungary's economy took a big hit in the pandemic, and the government expects gross domestic output to shrink by about 6% in 2020 followed by a modest rebound in 2021.

Published 18 Dec, 2020 05:04pm

Business & Finance

Hungary central bank to hold news conference after rate decision

Hungarian central bank Governor Gyorgy Matolcsy and his vice governors will hold an online news conference at 1400 GMT after the bank's rate decision on Tuesday.

Published 15 Dec, 2020 03:57pm

World

EU leaders reach budget deal with Poland and Hungary

Budapest and Warsaw are major recipients of EU budget cash, and the new mechanism was seen as a way by critics to slow a steady slide into authoritarianism in those countries.

Published 11 Dec, 2020 02:30am

World

Merkel: We're seeking way to lift Poland and Hungary's EU veto

Warsaw and Budapest, both under EU scrutiny for undermining judicial and media independence, are blocking the budget and the EU's recovery fund.

Updated 09 Dec, 2020 06:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
Dow Jones / May 6	38852.27
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44
Hang Seng / May 7	18439.46
FTSE 100 / May 7	8295.53
Germany DAX 30 / May 7	18257.19

Item	Value
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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