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Medicines

Tax evasion, smuggling: MoC and PRIME update Senate panel

ISLAMABAD: The meeting of the sub-committee of the Senate Standing Committee on Commerce, chaired by Senator Sarmad...

Published 07 Jun, 2025 04:59am

Business & Finance

Pharmaceutical sector: CCP grants six exemptions to undertakings for FY2024–25

ISLAMABAD: In line with its mandate to promote fair competition and protect consumer welfare, the Competition...

Published 06 Jun, 2025 05:02am

Business & Finance

Local pharma industry: Govt urged to create conducive environment

ISLAMABAD: The All Pakistan Pharmaceutical Manufacturers Association (PPMA) has urged the government to create...

Published 05 Jun, 2025 06:39am

Pakistan

Alkhidmat launches temperature-controlled home delivery pharmacy service

KARACHI: With an alarming 97 percent of pharmacies in Pakistan lacking temperature-controlled storage and bio-grade...

Published 31 May, 2025 07:16am

Opinion

Pharma industry: a case for smart tax reforms

Pakistan’s economy is at an inflection point. Amid shifting global dynamics and domestic fiscal pressures, the...

Updated 26 May, 2025 07:40am

BR Research

AGP Limited

AGP Limited (PSX: AGP) was incorporated in Pakistan as a public limited company in 2014. The company is engaged in...

Updated 22 May, 2025 08:12am

Business & Finance

PPMA says price deregulation helps restore medicine availability

KARACHI: The government’s decision to deregulate prices of non-essential medicines has helped restore the...

Published 20 May, 2025 05:58am

Business & Finance

Roche to invest $700mn in new drug manufacturing facility in North Carolina

Roche Group said on Monday that it plans to invest more than $700 million in a new drug manufacturing facility in...

Published 12 May, 2025 07:04pm

Business & Finance

Price deregulation improves access to medicines, helps stabilise industry

KARACHI: The price deregulation of non-essential medicines in early 2024 has improved access to medicines and...

Updated 12 May, 2025 02:23pm

Business & Finance

WHT on import of specific medicines exempted

ISLAMABAD: Federal Board of Revenue (FBR) has exempted withholding tax on the import of medicines (Cystagon/Systagon...

Published 25 Apr, 2025 06:05am

Pakistan

Govt hospitals in Punjab: CM Maryam for free supply of medicines

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed to ensure immediate payment of dues of government...

Published 25 Mar, 2025 07:37am

Pakistan

CM suspends Jinnah Hospital’s MS, principal over complaints

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Monday visited Jinnah Hospital and directed to suspend MS for...

Published 25 Mar, 2025 07:36am

Pakistan

PM orders setting up of drug testing lab in federal capital

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday issued directives to establish a drug testing laboratory of...

Published 21 Feb, 2025 08:05am

Pakistan

Lack of qualified pharmacists woefully adding to healthcare challenges in Pakistan

KARACHI: Pakistan’s healthcare system is facing a critical challenge: shortage of qualified and practising...

Published 11 Dec, 2024 07:52am

Editorials

Archaic pharma regulations

EDITORIAL: Recent years have seen Pakistan’s pharmaceutical sector struggle to stay afloat as it grapples with...

Published 30 Nov, 2024 06:26am

Pakistan

Medicines: Non-availability, black-marketing cause surge in mental diseases

ISLAMABAD: While expressing serious concerns over increase in mental diseases in the country, leading pharma ...

Published 27 Sep, 2024 06:26am

DRAP issues recall alert for five drug products

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has issued an immediate recall alert for five drug...

Updated 10 Sep, 2024 08:46am

Business & Finance

Personal use of importer’s family: FBR exempts WHT on import of eye drops from France

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted withholding tax on import of the medicines and eye drops...

Published 30 Aug, 2024 07:49am

Business & Finance

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Pakistan

Experts say Pakistan budget massively negative for struggling healthcare sector

KARACHI: Pharmaceutical industry experts have expressed concerns regarding the recent taxation changes in Pakistan,...

Updated 02 Jul, 2024 05:58am

Pakistan

Govt launches crackdown against spurious drugs

ISLAMABAD: The government has started a crackdown on spurious and substandard drugs and has directed healthcare...

Published 15 Jun, 2024 06:57am

Pakistan

Crackdown launched on spurious, substandard medicines in Punjab

LAHORE: The Primary and Secondary Healthcare department, Punjab has launched a crackdown against spurious,...

Published 15 Mar, 2024 04:14am

Business & Finance

Sale of substandard medicines continuously increasing

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 07 Feb, 2024 05:30am

Editorials

An unrestrained public health hazard

EDITORIAL: For the last several decades, manufacturing and marketing of fake/substandard drugs have gone on in this...

Published 05 Feb, 2024 06:08am

Pakistan

Seminar held at LCCI ‘Natural’ medicines can help cure various diseases: experts

LAHORE: “The best active lifestyle, food supplements and natural medicines can be helpful in preventing many...

Published 05 Jan, 2024 03:12am

Business & Finance

PPMA urges govt to allow hike in prices of 262 medicines

KARACHI: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has called upon the interim federal...

Published 12 Dec, 2023 05:28am

Business & Finance

App launched for online registration, licensing of drugs

ISLAMABAD: In a major step to revolutionise the drug registration and licensing system, to curb the proliferation of...

Published 07 Dec, 2023 04:35am

Business & Finance

Regulate quality of medicines, not prices, top Pharma Bureau official advises govt

Executive Director Pharma Bureau Ayesha Tammy Haque has advised the government to do away with price regulation,...

Published 22 Nov, 2023 08:25pm

Business & Finance

16pc-60pc hike in prices of various drugs witnessed

ISLAMABAD: The prices of various medicines have witnessed an increase of 16 percent to 60 percent in the market,...

Published 22 Nov, 2023 05:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Cotton US¢/pound / Jun 13	67.63
Petrol/Litre / Jun 14	253.63
Diesel/Litre / Jun 14	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.02 ▲ 0.9 (42.45%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.74 ▲ 0.61 (28.64%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.65 ▲ 0.45 (14.06%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.52 ▲ 0.35 (11.04%)
D.S. Ind. Ltd. / Jun 13 D.S. Industries Limited(DSIL)	5.70 ▲ 0.54 (10.47%)
Gulshan Sp. / Jun 13 Gulshan Spinning Mills Limited(GSPM)	4.13 ▲ 0.38 (10.13%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)

Stock	Price
Tariq Corp.Pref. / Jun 13 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.95 ▼ -0.97 (-10.87%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Fateh Ind. / Jun 13 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Tri-Star Mutual / Jun 13 Tri-Star Mutual Fund Limited(TSMF)	7.67 ▼ -0.83 (-9.76%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,570,487 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	86,654,041 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	72,368,767 ▲ 0.9
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	27,891,113 ▲ 0.76
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	26,329,771 ▼ -0.26
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	24,472,029 ▲ 0.61
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	24,435,209 ▼ -0.37
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	24,359,706 ▲ 0.17
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	22,960,384 ▲ 1
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	19,416,645 ▼ -0.14

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