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IT sector

IT sector: Blome says US keen to broaden ties

ISLAMABAD: The United States has expressed the desire to broaden cooperation with Pakistan in the information...

Published 16 May, 2024 06:28am

Business & Finance

IT services exporters: P@SHA proposes taxation reforms

KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary...

Published 15 May, 2024 05:47am

Markets

HK stocks notch 9-day winning streak

HONG KONG: Hong Kong stocks continued their rally on Friday, as improvement in market sentiment persisted, buoyed by...

Published 04 May, 2024 05:48am

Pakistan

Punjab depts get 3 months to strengthen service delivery thru IT

LAHROE: Chief Secretary Punjab Zahid Akhtar Zaman, on Monday, gave a deadline of three months to all departments,...

Published 09 Apr, 2024 05:06am

Opinion

Self-sufficiency versus loan dependence

As Pakistan steps into critical discussions with the International Monetary Fund (IMF), it’s confronting immense...

Published 18 Mar, 2024 04:56am

BR Research

IT exports in 7MFY24

The IT sector has emerged as a key contributor to the country’s exports over the last few years. More recently, ICT...

Published 14 Mar, 2024 09:05am

Business & Finance

Feb PRA records 23pc growth in revenue

LAHORE: Punjab Revenue Authority (PRA) has collected Rs19.1 billion during the month of February 2024, which is 23%...

Published 05 Mar, 2024 03:09am

Pakistan

‘Coach360’ launches ‘Skills360’

KARACHI: Coach360, a platform for mentoring and counselling young talent, has launched Skills360, aims to empower...

Published 04 Mar, 2024 04:15am

Business & Finance

Digital economy promotion: Roadmap prepared for next govt: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication Dr. Umar Saif has said that...

Published 12 Feb, 2024 06:25am

Technology

Pakistan Startup Fund to start receiving applications from March: Dr Umar Saif

The Pakistan Startup Fund (PSF), launched to facilitate startup investment, will commence accepting funding...

Published 31 Jan, 2024 03:00pm

Business & Finance

Promotion of IT sector key to achieving economic development: governor

LAHORE: The role of information technology is important in today’s world as it increases the employment...

Published 31 Jan, 2024 05:22am

Pakistan

Govt announces 3% incentive for local handset manufacturers: Dr Saif

Looks to enhance production of high-end phones in Pakistan

Updated 29 Jan, 2024 10:57pm

Pakistan

PML-N to unveil its election manifesto today

LAHORE: The Pakistan Muslim League-Nawaz (PML-N) is all set to unveil its manifesto for the upcoming general...

Published 27 Jan, 2024 06:20am

Pakistan

Economic growth: IT sector can play key role: PM

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar Wednesday said the IT sector can play a key role in the...

Published 28 Dec, 2023 04:52am

Business & Finance

SCCI, Ejad Labs sign MoU on promotion of IT sector

PESHAWAR: A memorandum of understanding (MoU) was signed between Sarhad Chamber of Commerce and Industry and Ejad...

Published 11 Dec, 2023 06:41am

Perspectives

IT is a ray of hope

It is no secret that Pakistan is currently facing one of its worst economic crises yet. However, while the tech...

Published 28 Nov, 2023 04:44pm

Pakistan

Pakistan to hear ‘good news’ regarding PayPal, Stripe payment gateways soon: Dr Saif

Dr Umar Saif, Pakistan’s caretaker federal minister for IT and Telecommunications, said on Wednesday that the...

Updated 26 Oct, 2023 12:17am

Business & Finance

Export of services, inward FDI flows: IT sector’s share likely to expand

KARACHI: The share of the IT sector in attracting foreign direct investment and service exports is likely to ...

Published 12 Oct, 2023 05:57am

BR Research

Interview with Asif Akram, Chief Operating Officer - Systems Limited

‘We have to decouple service industry from manufacturing’ Asif Akram, the Chief Operating Officer at Systems...

Published 22 Sep, 2023 08:41am

Pakistan

Govt praised for making efforts to attract foreign investment

LAHORE: Appreciating the government’s decision to activate Pakistani foreign envoys to attract foreign investment,...

Published 14 Sep, 2023 06:07am

KATI signs accord with global cyber security giant

KARACHI: In a significant move to bolster the Information Technology (IT) sector in Pakistan, the Korangi ...

Updated 10 Sep, 2023 10:01am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Pakistan

Huawei CEO expresses interest in investment during meeting with interim PM Kakar

A delegation of Huawei Pakistan, led by its Chief Executive Officer (CEO) Ethan Sun, called on caretaker Prime...

Updated 06 Sep, 2023 11:38pm

PM is very bullish about Gulf investments

Says govt trying to showcase SIFC for an economic recovery strategy focusing on agriculture, minerals, and information technology

Updated 06 Sep, 2023 11:00am

Minister unveils roadmap of ‘$10bn IT exports’

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif has unveiled a roadmap to achieve the...

Updated 04 Sep, 2023 09:25am

Business & Finance

Systems Limited consecutively wins ‘Forbes Asia’s Best Under A Billion Company and Asiamoney Award 2023’

LAHORE: In an inspiring journey marked by unwavering determination, Systems Limited has consistently risen above...

Published 04 Sep, 2023 06:21am

Technology

Umar Saif expresses wish to bring PayPal, stripe payment gateways to Pakistan

If the authorities facilitate us, I can increase the IT industry's size from $2.6 billion to $3.5 billion in a couple of months, says caretaker IT minister

Updated 31 Aug, 2023 05:37pm

Business & Finance

Alvi highlights criticality of IT development for economic uplift

ISLAMABAD: President Dr Arif Alvi said that Pakistan’s economic uplift was linked to the development of ...

Published 31 Aug, 2023 06:00am

Constraints hampering $15bn export potential of IT sector identified

ISLAMABAD: The Ministry of Information Technology and Telecommunications has identified several constraints...

Updated 21 Aug, 2023 08:31am

Opinion

Future drivers of country’s growth

The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,...

Published 05 Aug, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36
France CAC40 / May 15	8239.99
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26

Item	Value
Gold 10 Grams PKR / May 15	209191
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

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

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

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

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