Trends - INVESTMENT - Business Recorder

INVESTMENT

S&P reaffirms India’s long-term sovereign credit rating, outlook

MUMBAI: Standard and Poor’s affirmed its rating on India’s long-term foreign and local currency sovereign credit...

Published 14 Jul, 2021 03:59am

World

Oman's Sultan visits Saudi Arabia on first overseas trip

DUBAI: Oman's Sultan visited Saudi Arabia on Sunday on his first official overseas trip since assuming power last...

Published 12 Jul, 2021 05:26am

Pakistan

Uzbek investment to be increased: Okibjon

LAHORE: The investors of Uzbekistan have already made investment in Pakistan, which will be increased in future,...

Published 28 Jun, 2021 04:38am

Business & Finance

Pakistan’s Trivzia raises $400,000 in seed round

Startup hopes to expand user base, grow its team and strengthen its platform using funds from 47 Ventures

Published 22 Jun, 2021 06:39pm

Business & Finance

FDI plunges 28% year-on-year in 11MFY21

Clocks in at $1.75 billion compared with $2.42 billion in 11MFY20
However, FDI's figure for May 2021 increased 63% year-on-year

Published 18 Jun, 2021 07:54pm

Markets

SECP specifies requirements for advertisements of equity funds

ISLAMABAD: In order to improve quality of information related to performance of mutual funds to promote better...

Published 18 Jun, 2021 04:16am

Business & Finance

Coca Cola Pakistan announces $50m investment for K-P plant

Will set up its seventh plant in country in Haripur District

Published 16 Jun, 2021 06:04pm

Technology

Pakistan's Jugnu raises $3.2m from Systems Limited

B2B ecommerce marketplace aims to use funds to expand in a highly competitive market

Published 15 Jun, 2021 05:49pm

Business & Finance

Pakistan’s GrocerApp raises $5.2 million in Series A round

Plans on using investment to boost current operations and expand to Karachi

Published 14 Jun, 2021 03:35pm

Business & Finance

Pakistan’s Dawaai raises $8.5 million amid expansion plans

Hopes to use recent investment to grow its infrastructure expansion and technology

Updated 10 Jun, 2021 01:15pm

Pakistan

National Savings obtained Rs 52 billion from fresh schemes by June 2

The new registered Premium Prize Bonds of Rs 40,000 and Rs 25000 were registered by SBP and en-cashed only by the registered financial institution under the SBP.

Published 07 Jun, 2021 08:43pm

Business & Finance

Pakistan's Abhi raises $2m in seed investment

Karachi-based fintech raises sum for its salary advance platform in a seed round led by Vostok Emerging Finance
Abhi will be the second Pakistani fintech to join Y Combinator’s next batch after TAG

Published 07 Jun, 2021 06:19pm

World

Biden to overhaul Trump's China investment blacklist: report

The list included major telecoms, construction and technology firms such as China Mobile, China Telecom, video surveillance firm Hikvision, and China Railway Construction Corp.

Published 03 Jun, 2021 05:01pm

Pakistan

PMFA chief meets Malaysian HC

KARACHI: President, Pakistan-Malaysia Friendship Association (PMFA) Shahid Jawed Qureshi paid a courtesy call to ...

Published 29 May, 2021 03:59am

Pakistan

BOI assure to facilitate Egyptian investment in Pakistan

Atif Bokhari said that BOI will assist with briefing and connecting them with relevant stakeholders for projects the company wishes to pursue along with any support required for additional acquisitions.

Updated 25 May, 2021 07:35pm

Pakistan

Palestine and Kashmir: Unified stance testifies close ties with Malaysia

ISLAMABAD: Leader of the House in Senate Dr Shahzad Waseem Monday said that unified stance on Palestine and Kashmir...

Published 25 May, 2021 04:40am

Pakistan

Govt urged for finalizing upcoming budget in consultation with chambers, trade bodies

He said that 17 percent GST was a major factor for high cost of doing business and hike in inflation for the common man.

Published 19 May, 2021 08:35pm

Business & Finance

Ex- State Minister says intl companies keen to invest billions in Pakistan

Ghuman said that after decades a number of international investors including Canadian National Railway Company, Deutsche Bahn (Germany), Korean, Japanese, and USA companies are ready to commit to investing in Pakistan.

Published 19 May, 2021 11:36am

Business & Finance

Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus

Hyundai's announcement comes as U.S. President Joe Biden's administration prioritized a push toward electric cars, aiming to replace the 650,000 vehicles in federal fleets with U.S.-made electric vehicles.

Published 15 May, 2021 10:06am

Business & Finance

Govt says multi-billion dollars Qatari investment not diverted to Bangladesh

Earlier, local media reports said that Pakistan and Qatar authorities had negotiated $5 billion investment projects in Pakistan but they could not be materialized.

Published 12 May, 2021 11:19am

Pakistan

PM Khan to leave on three-day official visit to Saudi Arabia today

During the visit, the PM will hold discussions with the Saudi leadership on key issues including economic, trade, investment, energy and job opportunities for the Pakistani workforce
A number of bilateral agreements and MoUs are expected to be signed during PM Imran's visit

Published 07 May, 2021 12:38pm

Pakistan

Pakistan looking forward to strengthen trade, investment ties with US

He said that Pakistan and the US enjoy long-term, broad-based and multi- dimensional relationship.

Published 05 May, 2021 05:00pm

World

EU beefs up powers to control China investment

The new rules, once approved by member states and European Parliament, will give EU competition authorities new abilities to probe foreign companies seeking to snap up EU companies or public contracts.

Published 05 May, 2021 04:10pm

Supplements

World IPR Day: Rabab Sikander Director General Directorate of IPR Enforcement

TEXT: The Directorate General of IPR Enforcement was established to strengthen IPR controls on borders for...

Published 05 May, 2021 04:01am

Business & Finance

Pakistan, Hungary discuss trade and investment related issues

ISLAMABAD: Peter Szijjarto, Minister of Foreign Affairs & Trade, Hungary, called on Abdul Razak Dawood, Advisor...

Published 01 May, 2021 03:28am

Pakistan

Pakistan further eased investment policy to benefit investors, says FM Qureshi

Foreign minister says Hungarian FM's visit will mark a new era in the bilateral economic relationship
Hungary attaches special importance to this region because of cultural and historical similarities as well as the security reasons: Szijjarto

Published 30 Apr, 2021 11:38am

Business & Finance

4G network: Jazz invests Rs14.6bn in 1Q2021

ISLAMABAD: Jazz invested Rs 14.6 billion, as 4G network investment continued to be the principal focus with...

Updated 30 Apr, 2021 10:31am

Business & Finance

Pakistan's economy projected to rebound this year: ADB

Assuming the COVID-19 vaccine rollout is successful and economic stabilization measures are implemented, growth is expected to accelerate to 4pc in 2022 with improved consumption and investor confidence.

Published 28 Apr, 2021 10:57am

World

Turkish crypto exchange founder vanishes with reported $2bn

ISTANBUL: Turkish prosecutors on Thursday launched an investigation after the Istanbul-based founder of a...

Updated 23 Apr, 2021 10:04am

Business & Finance

Pakistan’s packaging co to invest billions of rupees in capacity expansion

The company informed that the project shall be financed primarily with a mix of debt and internal cash generation and is expected to start commercial operation during the first half of 2023.

Published 21 Apr, 2021 02:08pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jul 26 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Jul 26 Al-Abbas Sugar Mills Limited(AABS)	345.17 ▼ 0.00 (0.00%)
Agro Allianz / Jul 26 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 26 Allied Bank Limited(ABL)	72.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 26 Abbott Laboratories (Pakistan) Limited(ABOT)	772.53 ▼ 0.00 (0.00%)
Abson Ind. / Jul 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 26 Attock Cement Pakistan Limited(ACPL)	179.92 ▼ 0.00 (0.00%)
Adam Sugar / Jul 26 Adam Sugar Mills Limited(ADAMS)	36.01 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jul 26 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Jul 26 Al-Abbas Sugar Mills Limited(AABS)	345.17 ▼ 0.00 (0.00%)
Agro Allianz / Jul 26 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 26 Allied Bank Limited(ABL)	72.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 26 Abbott Laboratories (Pakistan) Limited(ABOT)	772.53 ▼ 0.00 (0.00%)
Abson Ind. / Jul 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 26 Attock Cement Pakistan Limited(ACPL)	179.92 ▼ 0.00 (0.00%)
Adam Sugar / Jul 26 Adam Sugar Mills Limited(ADAMS)	36.01 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	161.50
USD PKR Interbank Buying / Jul 24	161.40
USD to Japanese Yen / Jul 24	110.55
USD to Swiss Franc / Jul 24	0.92
Pound Sterling to USD / Jul 24	1.37
Euro to USD / Jul 24	1.18
UK LIBOR % / Jul 24	0.08

Stock	Volume
S&P 500 / Jul 24	4411.79
India Sensex / Jul 24	52975.80
Tokyo Nikkei / Jul 24	27548.00
Nasdaq / Jul 24	14836.99
Hang Seng / Jul 24	27321.98
FTSE 100 / Jul 24	7027.58
Dow Jones / Jul 24	35061.55
Germany DAX 30 / Jul 24	15669.29
France CAC40 / Jul 24	6568.32

Item	Value
Crude Oil / Jul 24	72.07
Karachi Cotton Assoc. / Jul 24	12880.00
Gold 10 Grams / Jul 24	93620.00
Gold Spot / Jul 24	1805.90
Cotton / Jul 24	89.66

INVESTMENT

S&P reaffirms India’s long-term sovereign credit rating, outlook

Oman's Sultan visits Saudi Arabia on first overseas trip

Uzbek investment to be increased: Okibjon

Pakistan’s Trivzia raises $400,000 in seed round

FDI plunges 28% year-on-year in 11MFY21

SECP specifies requirements for advertisements of equity funds

Coca Cola Pakistan announces $50m investment for K-P plant

Pakistan's Jugnu raises $3.2m from Systems Limited

Pakistan’s GrocerApp raises $5.2 million in Series A round

Pakistan’s Dawaai raises $8.5 million amid expansion plans

National Savings obtained Rs 52 billion from fresh schemes by June 2

Pakistan's Abhi raises $2m in seed investment

Biden to overhaul Trump's China investment blacklist: report

PMFA chief meets Malaysian HC

BOI assure to facilitate Egyptian investment in Pakistan

Palestine and Kashmir: Unified stance testifies close ties with Malaysia

Govt urged for finalizing upcoming budget in consultation with chambers, trade bodies

Ex- State Minister says intl companies keen to invest billions in Pakistan

Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus

Govt says multi-billion dollars Qatari investment not diverted to Bangladesh

PM Khan to leave on three-day official visit to Saudi Arabia today

Pakistan looking forward to strengthen trade, investment ties with US

EU beefs up powers to control China investment

World IPR Day: Rabab Sikander Director General Directorate of IPR Enforcement

Pakistan, Hungary discuss trade and investment related issues

Pakistan further eased investment policy to benefit investors, says FM Qureshi

4G network: Jazz invests Rs14.6bn in 1Q2021

Pakistan's economy projected to rebound this year: ADB

Turkish crypto exchange founder vanishes with reported $2bn

Pakistan’s packaging co to invest billions of rupees in capacity expansion

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