Trends - PSEB - Business Recorder

PSEB

First-ever IT and ITeS export strategy unveiled

Caretaker Federal Minister for Information Technology and Telecommunications says country has the potential of increasing the exports to $12-15 billion

Updated 24 Nov, 2023 10:11am

Opinion

Development of Special Technology Zones

Software development and IT-enabled services (ITeS) for data centres, technical service/call centres, and telecom...

Updated 08 Nov, 2023 06:30am

Technology

AI & Big Data Expo Europe: Pakistan embassy in The Hague sets up ‘Tech Destination Pakistan’ pavilion

ISLAMABAD: Embassy of Pakistan, the Hague in collaboration with the Pakistan Software Export Board (PSEB) and Trade...

Published 22 Oct, 2023 03:20am

Telecom industry: Govt to bring power tariff at par with other industries

ISLAMABAD: The caretaker federal government has decided to bring the power tariff of the Telecom Industry at par ...

Updated 10 Sep, 2023 09:44am

Technology

23rd ITCN Asia begins today

KARACHI: The 23rd edition of ITCN Asia will be held from August 31 to September 02 in Karachi at the Expo Centre....

Published 31 Aug, 2023 06:00am

Business & Finance

ITCN Asia estimated to attract $100m business deals

KARACHI: ITCN Asia, the flagship business event of Pakistan’s IT and Telecom industry, is estimated to record...

Published 29 Aug, 2023 06:01am

Business & Finance

June ITeS export remittances decline 5pc to $214m MoM

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by around five percent on a...

Published 19 Aug, 2023 06:36am

Pakistan

‘National Freelancing Policy’ drafted

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Freelancing...

Published 14 Jul, 2023 06:23am

Business & Finance

ITeS export remittances decline 1pc in 11 months

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by one percent during the ...

Published 21 Jun, 2023 05:21am

Business & Finance

PSEB bars ministries, PSEs from engaging with particular IT firm

ISLAMABAD: Pakistan Software Export Board (PSEB) Limited, an arm of Ministry of Information Technology and Telecom,...

Published 20 Jun, 2023 03:16am

IT exporters, freelancers: 35pc of export proceeds can be retained in special forex accounts: SBP

KARACHI: In order to facilitate IT companies and freelancers, the State Bank of Pakistan (SBP) has extended...

Updated 08 Jun, 2023 09:27am

Technology

USF policy body approves Rs4.3bn for Q4

ISLAMABAD: The Universal Service Fund (USF) Policy Committee, on Tuesday, approved the release of Rs4.370 billion to...

Published 24 May, 2023 05:57am

Jul-Apr ITeS export remittances down 3pc to $2.133bn YoY

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by three percent during the...

Updated 18 May, 2023 09:32am

Business & Finance

35pc retention of remittances in FCY accounts: SBP to coordinate to help resolve banking matters

ISLAMABAD: The State Bank of Pakistan (SBP) will coordinate to engage commercial bank representatives with the...

Published 13 May, 2023 05:59am

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

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

PRMI business registration: BoI facilitates signing of MoUs

ISLAMABAD: Under the Pakistan Regulatory Modernisation Initiative (PRMI), the Board of Investment (BoI) on Monday...

Updated 06 Dec, 2022 07:21am

Business & Finance

IT & IT-enabled services: Reduced rate of final tax provided to exporters registered with PSEB

ISLAMABAD: A reduced rate of final tax of 0.25 percent has been provided for exporters of the IT and IT-enabled...

Published 22 Jul, 2022 06:07am

PM seeks plan aimed at boosting IT&T exports

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Information Technology and Telecom Division to submit a plan ...

Updated 25 May, 2022 09:45am

Business & Finance

Output of telecom activities estimated at Rs492.956bn

ISLAMABAD: The output of the telecommunication activities has been estimated at Rs492.956 billion, whereas,...

Published 27 Apr, 2022 05:19am

Jul-Mar ICT export remittances up 29.26pc to $1.948bn YoY

ISLAMABAD: ICT export remittances including telecommunication, computer and information services during the first...

Updated 24 Apr, 2022 09:10am

Business & Finance

State Life, PSEB sign MoU

ISLAMABAD: State Life and Pakistan Software Export Board (PSEB) signed an MoU for development of youth by providing...

Published 15 Apr, 2022 05:29am

Markets

Enlistment of IT/ITES cos on GEM Board of PSX: PSEB appoints AKD Securities Ltd as FA

KARACHI: As per the mandate given by the Ministry of Information Technology, Pakistan Software Export Board...

Published 19 Mar, 2022 04:42am

Technology

In Pakistan, about 42.4pc of freelancers are in software development: World Bank

ISLAMABAD: About 42.4 percent of freelancers in Pakistan are in software development, making up about 10.5 percent ...

Updated 30 Sep, 2021 12:02pm

Technology

Ministry to launch 'Smartphone for All' project

ISLAMABAD: The Ministry of Information Technology and Telecommunication will soon launch the "Smartphone for All"...

Published 25 Sep, 2021 04:59am

Technology

Minister inaugurates portal for online registration of freelancers

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque inaugurated portal for online ...

Published 17 Sep, 2021 03:52am

Technology

PSEB organises National Freelancing Conference 2021

ISLAMABAD: Pakistan Software Export Board (PSEB) organised a high-profile National Freelancing Conference 2021 to...

Published 05 Sep, 2021 04:26am

Pakistan

Minister for improving mobile networks, internet services

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque, on Wednesday, directed for improving...

Published 02 Sep, 2021 04:21am

Tax notices to IT cos: Govt decides to set up dispute resolution body

ISLAMABAD: The government has decided to constitute a high-powered dispute resolution committee to resolve the issue...

Published 22 Aug, 2021 03:30am

Pakistan

Taxes and profit repatriation: Multinational information cos raise major issues with govt

ISLAMABAD: Multinational information technology companies, on Wednesday, raised major issues with the government ...

Published 08 Jul, 2021 04:22am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 30 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 30 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 30 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	7.98 ▲ 0.69 (9.47%)
Samba Bank / Nov 30 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 30 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 30 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 30 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 30 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 30 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)

Stock	Price
Tri-Star Mutual / Nov 30 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 30 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 30 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 30 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
Premier Insurance / Nov 30 Premier Insurance Limited(PINL)	7.23 ▼ -0.67 (-8.48%)
GOC (Pak) / Nov 30 GOC (Pak) Limited.(GOC)	55.41 ▼ -4.49 (-7.50%)
J.A.Textile / Nov 30 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	35.66 ▼ -2.88 (-7.47%)
Feroze 1888 / Nov 30 Feroze1888 Mills Limited(FML)	86.10 ▼ -6.90 (-7.42%)

Stock	Volume
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.03
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	44,327,667 ▲ 0.19
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 30 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.01
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	24,938,598 ▼ -0.13
Ghani Chem. Ind. / Nov 30 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 30 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.67
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.30

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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