Trends - INVESTMENT - Business Recorder

INVESTMENT

Dharejo concerned over increase in price of petroleum products

KARACHI: Provincial Minister for Industries & Commerce and Anti-Corruption & Cooperative Department Jam...

Published 28 Feb, 2021 04:55am

Business & Finance

Govt to build multi-billion modern train structure from Islamabad to Murree

The minister was replying to a twitterati who called for modern trains similar to what we see in Europe and the developed world to enjoy the scenic beauty, especially of the northern areas.

Published 27 Feb, 2021 02:58pm

Markets

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Friday...

Published 27 Feb, 2021 04:29am

Business & Finance

Pakistan can play its role in diffusing US-China tensions: PM

On the Kashmir issue, PM Khan said that the Kashmir issue could be resolved only through dialogue.
PM Khan urged the business community of Sri Lanka to participate in the China Pakistan Economic Corridor (CPEC) project, which is a part of China’s Belt and Road Initiative (BRI).

Updated 24 Feb, 2021 07:38pm

Business & Finance

Pakistan's FDI decline over 27pc in Jul-Jan FY21

The SBP's statistics revealed that FDI fell significantly by 12.27 percent or $27 million to $192.7 million in Jan 2021 compared to net inflow of $ 219.6 million investment in Jan 2020.

Published 22 Feb, 2021 01:33pm

Technology

Pakistan’s farming solution provider secures funding

The fresh investment will be used by the company to promote its product development and roll-out the first generation of its IoT based intelligent system

Published 16 Feb, 2021 11:00am

Pakistan

Investment in Balochistan: Foreign states taking interest: BBoIT CEO

QUETTA: Chief Executive Officer (CEO) of Balochistan Board of Investment and Trade (BBoIT), Farman Zarkoon on...

Published 11 Feb, 2021 04:34am

Business & Finance

SBP Modernizes Foreign Exchange Regulations to facilitate Startups, Fintechs & Exports

The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.

Updated 10 Feb, 2021 09:56pm

Technology

Reddit to double its workforce after raising $250M

Reddit to grow its workforce by 100% over the course of this year after raising $250 million in a new funding round.

Updated 09 Feb, 2021 04:58pm

Business & Finance

Bain Capital expands in Japan as Competition Intensifies

Bain increased its Tokyo headcount by 25 percent as competition among the world’s largest private equity firms grows.
Japan continues to be an extremely attractive investment destination for Bain.

Published 08 Feb, 2021 03:11pm

World

Ford to invest $1bn in South Africa plants

PRETORIA: US car giant Ford on Tuesday announced a $1.05-billion investment in its South African operations, ...

Published 04 Feb, 2021 04:13am

Markets

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 03 Feb, 2021 04:35am

Markets

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 02 Feb, 2021 04:29am

Pakistan

African region contains immense potential for trade, investment: Razak Dawood

Razak Dawood was of the view that although the numbers are small but the products and direction are in a right direction.

Published 30 Jan, 2021 06:50pm

World

Norway wealth fund earned $123bn in 2020 despite pandemic

Despite the pandemic having put its mark on 2020, it has been yet another good year for the fund.
"However, the high return also reminds us that the market value of the fund might vary a lot going forward," he said.

Published 28 Jan, 2021 06:43pm

Pakistan

Qureshi calls for forging stronger trade ties with Kuwait

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Wednesday reaffirmed Pakistan’s desire to forge stronger...

Published 28 Jan, 2021 04:40am

Business & Finance

UBS reaps rich rewards from pandemic with strongest performance since 2006

UBS Q4 profit beats expectations.
UBS announces new 4 bln Sfr share buyback programme.

Published 26 Jan, 2021 08:15pm

Pakistan

Balochistan govt plans to promote investment in mining, energy, tourism sectors

The state's resources were asset of the people and negligence would not be tolerated on delaying works of development projects, he said.

Published 26 Jan, 2021 06:47pm

World

US leading race in AI, China rising

WASHINGTON: The United States is leading rivals in development and use of artificial intelligence while China is...

Published 26 Jan, 2021 05:05am

Business & Finance

State Bank’s TERF scheme produce ‘excellent results’ for Pakistan, says Dawood

He said that due to the central bank scheme a ‘substantial’ amount of investment was brought in Pakistan.

Published 21 Jan, 2021 10:13am

Markets

Nikkei surges

TOKYO: Japanese shares closed higher on Tuesday after declining for two consecutive sessions, as investors scooped ...

Published 20 Jan, 2021 04:29am

Markets

Yellen to tell lawmakers ‘act big’ on coronavirus relief

The plan calls for bold investment to jump-start the economy and accelerate the distribution of vaccines to bring the virus under control.
We think it more likely that Yellen tries to nudge the USD weaker over the medium term

Published 19 Jan, 2021 07:08pm

Technology

Pakistan's B2B Ecommerce Startup Bazaar Raises $6.5m in Seed

Pakistan's B2B ecommerce marketplace, Bazaar, raised $6.5 million in one of the largest seed rounds in the MENA region.
Bazaar becomes one of the best funded startups in Pakistan, as its total raise accumulates to $7.8 million after this round.

Updated 19 Jan, 2021 01:43pm

Markets

Total spurs renewables drive with $2.5bn stake in India's Adani Green

French group cutting reliance on oil.
Total to get 20% stake in Adani Green Energy Limited.
It will also have 50% share of AGEL's solar power assets.

Published 18 Jan, 2021 05:05pm

Business & Finance

Pakistan's Retail Startup Unity Retail Raises Six-figure Seed Funding

Pakistan's e-commerce retail solution startup, Unity Retail, has successfully raised a six-figure Seed funding round in US dollars led by Boston Equity Partners.
Unity Retail hopes to use this investment for further marketing and product development.

Published 18 Jan, 2021 12:17pm

Pakistan

Trade & investment being encouraged in Punjab: Mian Aslam

He directed the relevant officials to provide every possible facility to the Chinese company for setting up a new industrial unit.

Published 05 Jan, 2021 06:36pm

Pakistan

India's hybrid warfare against Pakistan meant to damage investment: FM Qureshi

Qureshi maintained that Establishment was protecting country's interests within ambit of law and constitution.

Published 04 Jan, 2021 07:39pm

Markets

Gold continues to shine amid COVID-19 marred 2020

Gold prices rose to record levels in August when the price of gold per ounce reached USD 2,075.

Published 29 Dec, 2020 10:53am

World

China issues new rules to review foreign investment on national security grounds

China has drawn up new rules that will allow authorities to review foreign investment on national security grounds, the country’s state planning agency said on Saturday.

Published 19 Dec, 2020 03:09pm

Business & Finance

US’s Cargill Inc acquires 25pc shares of Fauji Akbar Portia Marine Terminal

This is Cargill's first investment into Pakistan, after the strategic intent announced in January 2019.

Published 16 Dec, 2020 11:36am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Mar 1 786 Investments Limited(786)	10.14 ▼ 0.00 (0.00%)
AL- Abbas / Mar 1 Al-Abbas Sugar Mills Limited(AABS)	355.00 ▼ 0.00 (0.00%)
Agro Allianz / Mar 1 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 1 Allied Bank Limited(ABL)	80.52 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 1 Abbott Laboratories (Pakistan) Limited(ABOT)	759.20 ▼ 0.00 (0.00%)
Abson Ind. / Mar 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 1 Attock Cement Pakistan Limited(ACPL)	189.73 ▼ 0.00 (0.00%)
Adam Sugar / Mar 1 Adam Sugar Mills Limited(ADAMS)	30.06 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Mar 1 786 Investments Limited(786)	10.14 ▼ 0.00 (0.00%)
AL- Abbas / Mar 1 Al-Abbas Sugar Mills Limited(AABS)	355.00 ▼ 0.00 (0.00%)
Agro Allianz / Mar 1 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 1 Allied Bank Limited(ABL)	80.52 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 1 Abbott Laboratories (Pakistan) Limited(ABOT)	759.20 ▼ 0.00 (0.00%)
Abson Ind. / Mar 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 1 Attock Cement Pakistan Limited(ACPL)	189.73 ▼ 0.00 (0.00%)
Adam Sugar / Mar 1 Adam Sugar Mills Limited(ADAMS)	30.06 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 27	158.10
USD PKR Interbank Buying / Feb 27	158.00
USD to Japanese Yen / Feb 27	106.57
USD to Swiss Franc / Feb 27	0.91
Pound Sterling to USD / Feb 27	1.39
Euro to USD / Feb 27	1.21
UK LIBOR % / Feb 27	0.08

Stock	Volume
S&P 500 / Feb 27	3811.15
India Sensex / Feb 27	49099.99
Tokyo Nikkei / Feb 27	28966.01
Nasdaq / Feb 27	13192.35
Hang Seng / Feb 27	28980.21
FTSE 100 / Feb 27	6483.43
Dow Jones / Feb 27	30932.37
Germany DAX 30 / Feb 27	13786.29
France CAC40 / Feb 27	5703.22

Item	Value
Crude Oil / Feb 27	61.50
Karachi Cotton Assoc. / Feb 27	12200.00
Gold 10 Grams / Feb 27	94564.00
Gold Spot / Feb 27	1728.80
Cotton / Feb 27	88.83

INVESTMENT

Dharejo concerned over increase in price of petroleum products

Govt to build multi-billion modern train structure from Islamabad to Murree

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

Pakistan can play its role in diffusing US-China tensions: PM

Pakistan's FDI decline over 27pc in Jul-Jan FY21

Pakistan’s farming solution provider secures funding

Investment in Balochistan: Foreign states taking interest: BBoIT CEO

SBP Modernizes Foreign Exchange Regulations to facilitate Startups, Fintechs & Exports

Reddit to double its workforce after raising $250M

Bain Capital expands in Japan as Competition Intensifies

Ford to invest $1bn in South Africa plants

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

African region contains immense potential for trade, investment: Razak Dawood

Norway wealth fund earned $123bn in 2020 despite pandemic

Qureshi calls for forging stronger trade ties with Kuwait

UBS reaps rich rewards from pandemic with strongest performance since 2006

Balochistan govt plans to promote investment in mining, energy, tourism sectors

US leading race in AI, China rising

State Bank’s TERF scheme produce ‘excellent results’ for Pakistan, says Dawood

Nikkei surges

Yellen to tell lawmakers ‘act big’ on coronavirus relief

Pakistan's B2B Ecommerce Startup Bazaar Raises $6.5m in Seed

Total spurs renewables drive with $2.5bn stake in India's Adani Green

Pakistan's Retail Startup Unity Retail Raises Six-figure Seed Funding

Trade & investment being encouraged in Punjab: Mian Aslam

India's hybrid warfare against Pakistan meant to damage investment: FM Qureshi

Gold continues to shine amid COVID-19 marred 2020

China issues new rules to review foreign investment on national security grounds

US’s Cargill Inc acquires 25pc shares of Fauji Akbar Portia Marine Terminal

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