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real estate

No-growth policy working

The current account is in surplus ($491 mn in April 2024) for yet another month. The 10MFY24 deficit is a meager...

Updated 20 May, 2024 10:02am

Pakistan

CBD Punjab to auction six exclusive plots

LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business...

Published 08 May, 2024 06:43am

Business & Finance

LCCI gives SOS call to govt to save real estate sector

LAHORE: The Lahore Chamber of Commerce and Industry Friday gave SOS call to the government to save the crisis-hit...

Published 04 May, 2024 05:48am

BR Research

Interview with Ahmed Saljouk - Founding member and Director of Finance & Development, Alif Holdings (Pvt. Ltd)

‘We are a high-street brand that is approachable and affordable’ Ahmed Saljouk is a visionary Leader Shaping...

Published 26 Mar, 2024 09:16am

Business & Finance

Illegal currency business thriving in the garb of real estate deals

LAHORE: Illegal foreign currency business is thriving under the garb of real estate deals, said sources from the...

Published 31 Jan, 2024 05:22am

Life & Style

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai,...

Published 16 Jan, 2024 03:25pm

Business & Finance

Govt’s ‘overwhelming’ involvement in economy major reason behind stagnant growth: PIDE study

ISLAMABAD: A study has revealed that the government’s overwhelming involvement in the national economy is one of...

Published 21 Dec, 2023 03:54am

Business & Finance

France may sell real estate to cut deficit: minister

PARIS: France wants to reduce government spending on office space and may consider real estate sales in a bid to...

Published 20 Nov, 2023 06:28am

Markets

Real estate, tech drive European shares higher

PARIS: European shares climbed over 1 percent on Thursday, led by rate-sensitive real estate and technology stocks,...

Published 03 Nov, 2023 06:11am

Business & Finance

Dubai’s ‘super stable’ status ensures its real estate market keeps attracting Pakistanis

Official at DAMAC Properties highlights reasons for real estate interest from country

Updated 03 Nov, 2023 09:22am

Opinion

Navigating deep malaise

Why is corruption so pervasive in Pakistan? Why do civil institutions consistently fail to deliver? Why is there a...

Updated 25 Oct, 2023 06:39am

Business & Finance

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate

Updated 30 Sep, 2023 09:45am

FBR launches automated system (portal) for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, launched an automated system (portal) for taxpayers to obtain...

Updated 02 Sep, 2023 09:16am

Editorials

Taxes on real estate

EDITORIAL: Representatives of the influential real estate sector informed the National Assembly Standing Committee ...

Published 08 Aug, 2023 06:37am

Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today

ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a...

Updated 05 Aug, 2023 03:08pm

Pakistan

Real estate, construction: Demand to appoint advisor to PM in caretaker setup

ISLAMABAD: The government needs to create a special position of ‘Advisor to the Prime Minister on Real Estate and...

Published 01 Aug, 2023 06:19am

Editorials

Vicious cycle of smuggling, tax evasion

EDITORIAL: Speakers at a briefing arranged by Ipsos for parliamentarians to discuss tax evasion in five major ...

Published 24 Jun, 2023 06:02am

Super tax waiver, tax on real estate, agri sectors in phases proposed

ISLAMABAD: The Senate on Monday proposed 55 recommendations and changes in the Finance Bill 2023 including the...

Updated 20 Jun, 2023 08:58am

Business & Finance

Minister explains why country’s dependency on foreign goods grows

ISLAMABAD: Sardar Ayaz Sadiq, Federal Minister for Economic Affairs on Thursday stated that Pakistan’s dependency...

Published 16 Jun, 2023 06:27am

Business & Finance

There’s tax evasion of Rs500bn in real estate sector alone: Asif

ISLAMABAD: Defence Minister Khawaja Asif Wednesday said ‘elite capture’ is the root of all socioeconomic ills as...

Published 15 Jun, 2023 06:03am

Opinion

REITs: understanding the private market

Real Estate Investment Trusts (REITs) have emerged as a popular investment avenue for individuals seeking exposure ...

Published 31 May, 2023 03:57am

BR Research

TPL Properties Limited

TPL Properties Limited (PSX: TPLP) was incorporated in Pakistan as a private limited in 2007. In 2016, the company...

Updated 30 Mar, 2023 12:47pm

Slow pace of $304m PRIDE programme perturbs World Bank

ISLAMABAD: The World Bank (WB) has expressed concern over the slow pace of the progress on simplification and...

Updated 20 Mar, 2023 08:58am

Opinion

Dubai housing boom buoys buyers, burdens tenants

With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom...

Published 24 Feb, 2023 06:00am

Real estate owned by overseas Pakistanis: UAE authorities do not share info

ISLAMABAD: The tax authorities of the United Arab Emirates (UAE) have shared only twice financial information...

Updated 09 Feb, 2023 08:48am

Business & Finance

UK property investors include Kremlin allies: study

LONDON: Almost 52,000 UK properties are owned by anonymous investors, including some “close to the Kremlin”, a...

Published 07 Feb, 2023 11:42am

Life & Style

Disillusioned at home, super-rich Chinese set their sights on Singapore

SINGAPORE: Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's...

Published 31 Jan, 2023 05:04pm

Markets

European shares near 9-month high

PARIS: European shares hit a near nine-month high on Monday, albeit in light trading due to a US holiday, with real...

Published 17 Jan, 2023 06:02am

Opinion

Gated UK property funds are open to further risk

UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout...

Published 12 Jan, 2023 06:26am

Opinion

Lofty US home prices persist despite interest rate hikes

Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the...

Published 07 Jan, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.92
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.27
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,433.74
India Sensex / Jun 14	76,901.63
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,667.56
Hang Seng / Jun 14	18,017.18
FTSE 100 / Jun 14	8,140.39
Dow Jones / Jun 14	38,647.10
Germany DAX 30 / Jun 14	18,104.26

Item	Value
Crude Oil USD/Barrel / Jun 14	78.04
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	206,361
Gold Spot USD/Ounce / Jun 14	2,311.36
Cotton US¢/pound / Jun 14	71.94
Petrol/Litre / Jun 15	258.16

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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