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SIFC

PMUs in Discos: Cabinet throws PD’s plan into trash bin

ISLAMABAD: The Federal Cabinet has reportedly thrown Power Division’s plan of Performance Monitoring Units (PMUs) in...

Updated 24 Jan, 2024 08:38am

Mine mouth Thar coal project: SECMC wants to extend support for KE offtake

ISLAMABAD: Sindh Engro Coal Mining Company (SECMC) is said to have shown willingness in extending support for the...

Updated 24 Jan, 2024 09:58am

Forex repatriation against remittances: Govt striving to ink G2G pact with Saudi Arabia, UAE

ISLAMABAD: The government is reportedly making hectic efforts for a government-to-government (G2G) agreement with...

Updated 23 Jan, 2024 09:41am

‘Hurdles’ to copper ingots’ export to China: Exporters move SIFC against FBR

ISLAMABAD: Exporters have approached the Special Investment Facilitation Council (SIFC) against the Federal Board of...

Updated 23 Jan, 2024 09:08am

Editorials

A detailed anatomy of IMF report

EDITORIAL: There are three important declarations contained in documents on the first review of the Stand-By...

Published 23 Jan, 2024 05:14am

Business & Finance

SIFC clears proposal: APTMA urges govt to expedite power tariff cut process

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has asked the government to expedite process to slash...

Published 23 Jan, 2024 05:14am

SIFC orders tax audit of urea cos

A report by caretaker Minister for Power and Petroleum Muhammad Ali says fertiliser companies are making huge profits due to stagnancy in gas prices for the sector

Updated 22 Jan, 2024 10:53am

Business & Finance

SIFC asks for resolving Volkswagen licence issue

ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed the Ministry of...

Published 21 Jan, 2024 03:10am

Trade settlement in Chinese RMB soars 600pc

ISLAMABAD: Pakistan’s trade settlement in Chinese RMB has increased by 600 percent, ie, from 2 percent in 2018 to...

Updated 20 Jan, 2024 05:29pm

Opinion

Business environment and economic growth outlook

According to the recent report entitled “World Economic Situation and Prospects (WESP) 2024” by the United...

Published 18 Jan, 2024 05:54am

Chairman tells Senate panel on finance: Govt asked to implement FBR restructuring within 30 days

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana, Wednesday, informed the Senate Standing...

Updated 18 Jan, 2024 09:52am

PMUs at Discos: Army officers’ posting not approved by Cabinet

ISLAMABAD: The Federal Cabinet has reportedly not approved physical presence of Pak Army officers in Performance...

Updated 17 Jan, 2024 08:43am

Editorials

Optics are important

EDITORIAL: Caretaker Prime Minister Anwaarul Haq Kakar’s decision to attend the fifty-fourth annual meeting of the...

Published 16 Jan, 2024 05:44am

Business & Finance

FS briefs new TIOs about policy, SIFC

ISLAMABAD: Foreign Secretary Mohammad Syrus Sajjad Qazi on Saturday briefed the newly-appointed Trade and Investment...

Published 14 Jan, 2024 03:13am

9-cent tariff: Govt yet to cross several bridges?

Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC)

Updated 13 Jan, 2024 05:01pm

Industrial sector: Nine cent energy tariff approved: minister

CAIRO (Egypt): The Apex Committee of the Special Investment Facilitation Council (SIFC) has approved an energy...

Updated 12 Jan, 2024 09:42am

Opinion

Hopium – II

Energy pricing fortnightly (fuel, LPG and LNG), monthly (power) and 6 monthly (gas) needs an approach that smoothens...

Published 10 Jan, 2024 05:22am

Incentives to PV solar sector: SIFC set to finalise recommendations for TPB

ISLAMABAD: The Working Group (WG) of the Special Investment Facilitation Council (SIFC) has decided to hold a...

Updated 10 Jan, 2024 12:57pm

Business & Finance

4th Pak-Africa Trade Development Conference, exhibition opens in Cairo

CAIRO: The 4th Pak-Africa Trade Development Conference and Single Country Exhibition, a major trade and investment...

Published 10 Jan, 2024 05:22am

Discos likely to be put under army’s microscope

The Federal Cabinet is all set to approve establishment of Performance Management Units (PMUs) in five high loss-making power Distribution Companies

Updated 09 Jan, 2024 10:15am

Restructuring of FBR on the cards

ISLAMABAD: The caretaker government has constituted a high-level committee to submit specific recommendations on the...

Updated 09 Jan, 2024 08:39am

Editorials

Domestic borrowing

EDITORIAL: Domestic borrowing rose to 40.955 trillion rupees by end November 2023 as per data uploaded by the State...

Published 09 Jan, 2024 04:18am

Editorials

SIFC making waves

EDITORIAL: The apex committee of the Special Investment Facilitation Council (SIFC), comprising the country’s...

Published 08 Jan, 2024 05:23am

Determination in first arbitration award: SHPL: CPPA-G/ NTDC advised to fulfil payment commitment

ISLAMABAD: The Attorney General Office has advised CPPA-G/NTDC to honour payment of amounts to Star Hydro Power...

Updated 08 Jan, 2024 11:47am

Hike in security deposits, connections: Nepra asks Discos to file petitions

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is said to have asked power Distribution...

Updated 07 Jan, 2024 02:46pm

Editorials

Legal framework for Saudi investment

EDITORIAL: SIFC (special investment facilitation council) is in the news yet again; this time for helping overcome...

Published 07 Jan, 2024 02:43am

FBR restructuring plan finalised

A summary is likely to be moved in the next meeting of the federal cabinet for the approval of the FBR’s restructuring plan

Updated 06 Jan, 2024 09:50pm

PBF demands govt declare 2024 ‘the year of exports’

Business & Finance

Pakistan desires to expand bilateral cooperation across all spheres, particularly trade and investment, says Caretaker Prime Minister Anwaar-ul-Haq Kakar

Updated 05 Jan, 2024 02:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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