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INVESTMENT

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

World

Philippines' Duterte lifts ban on new mining deals

Duterte is facing growing criticism over his handling of the pandemic that has crippled the economy and thrown millions out of work.

Published 15 Apr, 2021 04:54pm

Supplements

Guard Agricultural Research & Services: Leader in demand-drivenresearch in agriculture

Shahzad Malik (SI), Chief Executive Guard Agriculture Research & Services (Pvt.) Ltd Pakistan &...

Published 14 Apr, 2021 03:22am

Business & Finance

Pakistan's trucking marketplace Truck It In raises $1.5M in pre-seed

Pakistan's Truck It In raised one of the largest pre-seed investments of $1.5 million in the Middle East, North Africa & Pakistan region for its trucking marketplace.

Published 13 Apr, 2021 02:48pm

Pakistan

Pakistan wishes more economic linkages with Germany: FM

Qureshi thanked Germany for supporting Pakistan at FATF and also its support to grant EU GSP Plus status to Pakistan.

Published 12 Apr, 2021 06:34pm

Pakistan

Govt pursuing economic diplomacy to attract investment: FM

Qureshi said Pakistan is an emerging market of two hundred and twenty million people where plenty of investment opportunities exist.

Published 12 Apr, 2021 06:25pm

CCP says govt should deregulate sugar prices

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a "Policy Note" recommending that instead of...

Published 11 Apr, 2021 05:27am

Opinion

The fear of accountability

Accountability is something people do fear. Bureaucrats, politicians, businesspeople and others appear to be in the...

Published 10 Apr, 2021 04:35am

Business & Finance

Russian co intends to setup desalination, waste-to energy project in Karachi

The delegation was briefed about various incentives offered to enterprises in Special Economic Zones (SEZs) and encouraged them to establish operations in SEZs located in Sindh.

Published 09 Apr, 2021 12:31pm

Business & Finance

RCEP to improve Pakistan's Trade & Investment Potential Manifold: PRIME

PRIME’s latest report timely informs of a window of opportunity - the Regional Comprehensive Economic Partnership (RCEP) - offering immense trade and investment potential.
Joining RCEP can trigger Pakistan’s untapped potential in various domains such as ICT services, mobile manufacturing, health and pharmaceutical sector, agricultural commodities, geographical diversification of export, investment diversification, and trade and investment policy.

Updated 08 Apr, 2021 06:03pm

World

Iraq PM seeks closer trade ties on Saudi visit

RIYADH: Saudi Arabia’s crown prince hosted Iraq’s Prime Minister Mustafa al-Kadhemi in Riyadh on Wednesday, as...

Updated 01 Apr, 2021 09:09am

Business & Finance

Pakistan-based fintech SadaPay raises $7.2M in seed

SadaPay closes the largest seed round of $7.2 million ever raised by a startup in Pakistan.

Updated 31 Mar, 2021 01:27pm

Business & Finance

China's smartphone maker Xiaomi to invest $10bn in electric vehicles

Global carmakers are pegging hopes on an increasingly electric future, with China at the forefront as a customer base and manufacturing hub.

Published 30 Mar, 2021 06:58pm

BR Research

Interview with Abdul Razak Dawood, Adviser for Commerce and Investment – Ministry of Commerce

“Industries cross-subsidizing very cheap electricity to the domestic sector” In this interview with BR ...

Published 29 Mar, 2021 07:45am

Business & Finance

Trusted online marketplace: InstaMall secures pre-seed funding

KARACHI: InstaMall, a premier online marketplace, has secured pre-seed funding to build out a trusted online...

Published 27 Mar, 2021 05:41am

World

EU nations rebuke China envoys over retaliatory sanctions

PARIS: France, Germany and other EU nations called in Chinese ambassadors on Tuesday to protest at sanctions imposed...

Published 24 Mar, 2021 05:10am

Business & Finance

Google to invest over $7bn in US, create 10,000 jobs

Google's parent company Alphabet saw profits rise 17 percent to $40 billion in 2020 as revenues increased to $182 billion.

Published 18 Mar, 2021 08:11pm

Pakistan

Govt committed to take all measures for economic growth, investment promotion: PM

The government in that respect was committed to prove all possible facilitation to the business community and investors, he added.

Published 18 Mar, 2021 05:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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