Trends - IT - Business Recorder

IT

Jul-Feb FY23: IT, ITeS export remittances up 1.7pc to $1.718bn

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer and call centre services...

Published 21 Mar, 2023 06:29am

Business & Finance

IT roadmap developer explains how LSM sector can boost exports

LAHORE: Large-Scale Manufacturing (LSM) sector in Pakistan has potential to significantly increase exports by using...

Published 16 Mar, 2023 06:01am

Business & Finance

FD raises objections over 5Es Framework for enhancing exports

ISLAMABAD: The Finance Division has raised objections over the 5Es Framework for enhancing exports, while saying ...

Published 06 Mar, 2023 07:45am

Technology

CCP, PTA ink MoU on collaboration in ICT

ISLAMABAD: The Competition Commission of Pakistan (CCP) and Pakistan Telecommunication Authority (PTA) Friday signed...

Published 04 Mar, 2023 06:52am

Business & Finance

PTA, Nadra sign MoU on digital, social, economic transformation

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) and the National Database and Registration Authority...

Published 03 Mar, 2023 06:12am

Business & Finance

Jul-Jan 2022-23: IT, ITeS export remittances up 2.4pc to $1.523bn YoY

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call centre...

Published 21 Feb, 2023 05:57am

Pakistan

IT exhibition, job fair held at SAU

HYDERABAD: The FAO, industry and academia have agreed to promote agri-tech in the country, develop the value of...

Published 08 Feb, 2023 06:10am

Pakistan

General election not possible before Oct?

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Aminul Haque has said that the...

Updated 02 Feb, 2023 09:12am

Business & Finance

SBP orders dealers to facilitate IT, ITeS exporters

ISLAMABAD: The State Bank of Pakistan has directed authorised dealers to swiftly facilitate IT and ITeS exporters,...

Published 31 Jan, 2023 06:01am

Business & Finance

Telecom, data infrastructure: World Bank advocates regulatory reforms, investments to improve climate resilience

ISLAMABAD: Regulatory reforms and investments are needed to improve the climate resilience of telecom and data...

Published 26 Jan, 2023 05:58am

Special foreign currency accounts: SBP allows IT exporters to retain 35pc of proceeds

KARACHI: In order to encourage IT companies and freelancers to bring their foreign exchange earnings into the...

Updated 14 Jan, 2023 04:29pm

Business & Finance

Telecom industry facing serious challenges, say officials

ISLAMABAD: The telecom industry in Pakistan is facing serious challenges, especially after recent floods and problem...

Published 05 Jan, 2023 05:58am

IT exports: PM voices dissatisfaction

ISLAMABAD: Prime Minister Shehbaz Sharif has been informed that the Federal Board of Revenue (FBR) has established...

Updated 24 Dec, 2022 10:02am

Pakistan

Dar for resolving outstanding issues between Etisalat, PC

ISLAMABAD: Finance Minister Ishaq Dar has emphasized of resolving outstanding issues between Etisalat and the...

Published 21 Dec, 2022 06:32am

Pakistan

Web 3.0 launched at PITB: Alvi terms ICT sector game changer for economy

LAHORE: Terming the Information and Communications Technology (ICT) sector as the game changer for Pakistan’s...

Published 17 Dec, 2022 07:54am

Pakistan

Inappropriate use of internet among youths alarming: Sadia Rashid

KARACHI: The internet is a catalyst for globalization as it has united the world. Information Technology is changing...

Updated 14 Dec, 2022 07:29am

Pakistan

Ahsan for making use of IT to ensure exponential growth in all sectors

ISLAMABAD: Minister for Planning, Development and Special Initiative Ahsan Iqbal has called for making use of...

Published 13 Dec, 2022 06:51am

Business & Finance

SBP-FBR policies hindering IT export growth: minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haq said on Monday that the Federal Board of...

Published 13 Dec, 2022 06:10am

Supplements

National Root Certificate Authority: Messages From Amin-ul-Haq Federal Minister, IT

TEXT: I am delighted to felicitate Electronic Certification Accreditation Council (ECAC) management and employees on...

Published 07 Dec, 2022 06:24am

Supplements

National Root Certificate Authority: Messages From Mohsin Mushtaq Federal Secretary, IT

TEXT: I extend my heartiest congratulations to Electronic Certification Accreditation Council (ECAC) on ...

Published 07 Dec, 2022 06:23am

Business & Finance

Amin urges Dar to ‘direct’ SBP to make payments

ISLAMABAD: Federal IT and Telecom Minister Syed Aminul Haque wrote a letter to Finance Minister Ishaq Dar regarding...

Updated 27 Nov, 2022 09:43am

Business & Finance

Payments to Google: SBP rejects allegations

KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the...

Updated 27 Nov, 2022 09:43am

Technology

Suspension of DCB payments to Google Play: users, telecom companies at receiving end

Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has...

Published 26 Nov, 2022 05:47pm

Telecom sector: Ministry takes up WHT issue with Finance Division, FBR

ISLAMABAD: The Ministry of Information Technology and Telecommunication has taken up the issue of withholding tax on...

Updated 24 Nov, 2022 09:41am

Technology

IT Park project worth Rs41bn launched in Karachi

Federal Ministry of Information Technology and Telecommunication (MOITT) on Monday launched Pakistan's largest...

Published 07 Nov, 2022 07:53pm

Business & Finance

MD SAP apprise impact, contribution of SAP’s operations in Pakistan

ISLAMABAD: Saquib Ahmad, Country Managing Director, SAP Pakistan, held a media meet-up to apprise the press of the...

Published 24 Sep, 2022 03:49am

Business & Finance

IT, ITeS export remittances surge by 14pc in Aug

ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center...

Published 23 Sep, 2022 07:06am

Pakistan

IMF report: Indicative target to BISP missed by wide margin

ISLAMABAD: Pakistan missed by a large margin an indicative target (IT) pertaining to Benazir Income Support ...

Published 03 Sep, 2022 04:25am

Technology

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Technology

Pakistan's software developers emerging among top choices for US-based companies: Turing CEO

Siddharth says company focused on South Asia with Pakistani IT professionals high on its radar

Updated 02 Aug, 2022 10:59pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

IT

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