Trends - PIDE - Business Recorder

PIDE

Taxes and social democracy

“The perks culture has also held real estate development hostage for decades as officials seek to reward ...

Published 24 Jul, 2021 04:27am

Opinion

Barriers to export-led growth

Exports have been stagnant over the last decade in Pakistan, while competing economies have witnessed commendable...

Published 11 Jul, 2021 04:01am

Opinion

FY22 budget: textile sector’s perspective

The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ...

Published 01 Jul, 2021 04:10am

Pakistan

BOI develops dedicated Pakistan China B2B Investment Portal

ISLAMABAD: The Board of Investment (BOI) Secretary, Fareena Mazhar, expressed that, “Considering the unique...

Published 01 Jul, 2021 04:10am

ECC approves Rs300m allocation for three joint border markets in Balochistan

In the first phase, it was directed that two pilot projects at Gabd and Mond in Balochistan have to be executed

Updated 24 Jun, 2021 11:41am

Pakistan

IPS holds webinar ‘Budget to widen rich-poor gap due to indirect taxes’

ISLAMABAD: Excessive reliance in the budget for 2021-22 on indirect taxation, including withholding tax as part of...

Published 20 Jun, 2021 03:39am

Business & Finance

Govt should extend tax relief on cars up to 1,050cc, says think tank

PIDE says reduction in GST, FED should be expanded to promote competition
Federal govt had earlier proposed to reduce tax rate on cars up to 850cc

Published 19 Jun, 2021 03:12pm

Business

Higher taxes on tobacco products sought

ISLAMABAD: The health cost of Pakistan has increased up to Rs615 billion (1.6 percent of gross domestic product-GDP)...

Published 08 Jun, 2021 04:09am

Opinion

Growthmania, again

There is an old Sindhi saying to the effect, loosely, that: When God is displeased, he turns the mind, he wields no...

Published 03 Jun, 2021 04:13am

Pakistan

Information technology sector: Inconsistent policies creating hurdles: experts

ISLAMABAD: Pakistan has great potential to develop information technology sector but inconsistent policies are...

Published 03 Jun, 2021 04:13am

Opinion

A better tax model

For the last two decades every year, we have been consistently suggesting in these columns some innovative budget...

Published 21 May, 2021 05:04am

Pakistan

Smoking-related diseases, deaths: Expenses cost exchequer over $3.85bn annually

ISLAMABAD: The expenses attributable to all smoking-related diseases and deaths in Pakistan cost the national...

Updated 20 May, 2021 09:24am

Business & Finance

Experts shed light on post-pandemic economic recovery

ISLAMABAD: Pakistan has a bright opportunity to take benefit of the digital transformation, biomedical...

Updated 20 May, 2021 09:21am

Pakistan

Economists suggest bringing discount rate, interest rate to 5pc

ISLAMABAD: Economists at a webinar have suggested to the government to bring down discount rate to five percent by...

Updated 19 May, 2021 10:13am

Pakistan

Affordability main cause of smoking at young age: research

ISLAMABAD: The affordability is found to be the main facilitator for smoking, especially at a younger age, and this...

Updated 18 May, 2021 09:37am

Pakistan

50pc increase in cigarette price to lead to reduction in demand: PIDE

ISLAMABAD: A 50 percent increase in price of cigarettes would lead to the same amount of reduction in tobacco demand...

Published 09 May, 2021 03:20am

Opinion

Untapped export potential

The World Bank in its recent report states that Pakistan’s potential annual exports are $88.1 billion, about four...

Published 28 Apr, 2021 03:18am

Pakistan

PTI govt lays foundation to build national economy, says Umar

ISLAMABAD: Federal Minister for Planning and Development Asad Umar has said that the foundation to build the ...

Published 24 Apr, 2021 03:21am

Business & Finance

Pakistan economy needs to grow 7-9pc to generate jobs, curb debt: Report

The report highlighted that investment and productivity, which are the two major drivers of growth are not only rather low in Pakistan, but are on a decline.

Published 23 Apr, 2021 11:16am

Business & Finance

Pakistanis lose billions of dollars yearly owing to tobacco usage: Report

The study said that the tobacco industry’s total tax contribution (120 billion in 2019) is approximately just 20 percent of smoking’s total cost. It found that indirect costs (morbidity and mortality) make up 70 percent of the total cost.

Published 07 Apr, 2021 12:34pm

Business & Finance

Pakistan needs to pump more funds, speed up COVID vaccination process: PIDE

“The federal government has allocated Rs. 25 billion for the procurement of the COVID-19 vaccine but much more is needed,” the report said.
The report also called for the local pharmaceutical industry to gear up for the homegrown production of a COVID-19 vaccine

Published 22 Mar, 2021 03:39pm

Business

Tax exemptions: Experts suggest recipe for getting rid of SROs

ISLAMABAD: The only way to get rid of the Statutory Regulatory Orders (SROs) of the Federal Board of Revenue (FBR) ...

Published 09 Feb, 2021 04:43am

OMCs, dealers: Body comprising ‘non-political’ aides of PM to re-determine margins

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has constituted a committee comprising...

Updated 03 Feb, 2021 09:12am

Deferment of rise in OMCs margin: IPI voices concern over ECC decision

Pakistan

Opinion

Restructuring the tax system — I

“If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan’s survival is...

Published 22 Jan, 2021 04:47am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 23 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 23 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 23 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 23 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 23 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 23 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 23 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 23 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 23 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 23 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 23 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 23 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 23 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 23 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 23	174.10
USD PKR Interbank Buying / Oct 23	174.00
USD to Japanese Yen / Oct 23	113.50
USD to Swiss Franc / Oct 23	0.92
Pound Sterling to USD / Oct 23	1.38
Euro to USD / Oct 23	1.16
UK LIBOR % / Oct 23	0.07

Stock	Volume
S&P 500 / Oct 23	4544.90
India Sensex / Oct 23	60821.62
Tokyo Nikkei / Oct 23	28804.85
Nasdaq / Oct 23	15090.20
Hang Seng / Oct 23	26126.93
FTSE 100 / Oct 23	7204.55
Dow Jones / Oct 23	35677.02
Germany DAX 30 / Oct 23	15542.98
France CAC40 / Oct 23	6733.69