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SOEs

Alvi approves SOEs (Governance and Operations) Bill, 2022

ISLAMABAD: President Dr Arif Alvi on Monday accorded assent to the State-Owned Enterprises (Governance and...

Updated 31 Jan, 2023 09:03am

Suddenly, ailing SOEs come under PDM govt’s focus

Finance Minister emphasizes revisiting the role of PDF and SOEs considering the business plans, governance structure, and financial viability

Updated 29 Jan, 2023 10:17am

Opinion

PTI’s ‘White Paper’ on economy

A couple of days ago, Pakistan Tehreek-e-Insaf (PTI) presented ‘White Paper’ at a seminar on the economy, which...

Published 06 Jan, 2023 05:58am

Reko Diq now more visible as SOEs sign deals

PPL together with OGDC and Government Holdings (Private) Limited sign deal

Updated 17 Dec, 2022 10:08am

Cabinet meeting: Reko Diq: JUI(F)-BNP(M) boycott confirms fissure

Cabinet gives formal approval to sign final deal for the Reko Diq project on December 15

Updated 14 Dec, 2022 10:00am

Editorials

The circular debt tap

EDITORIAL: Some things never change; no matter which government comes to power or which goes out of it, legally or...

Published 09 Oct, 2022 05:51am

Business & Finance

PIDE issues research report on 23rd IMF programme

PESHAWAR: Pakistan Institute of Development Economics (PIDE) issued a research report regarding 23rd International...

Published 26 Sep, 2022 07:15am

Business & Finance

Govt taking steps for enhancing SOEs’ governance, transparency

ISLAMABAD: Higher growth, investment, and job creation will crucially depend on addressing long-standing structural...

Published 03 Sep, 2022 04:25am

Opinion

IMF, floods & economy

“Pakistan’s economy has been buffeted by adverse external conditions, due to spillovers from the war in Ukraine,...

Published 02 Sep, 2022 06:00am

Opinion

Burgeoning budget deficit

The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are...

Published 23 Aug, 2022 05:56am

Offshore terminal, stake in PIA to be offered: Strategy for LNG devised ahead of PM’s Qatar visit

ISLAMABAD: Pakistan is to seek long-term and short-term Liquefied Natural Gas (LNG) contracts with Qatar in addition...

Updated 18 Aug, 2022 09:44am

Markets

Miftah directs immediate meeting to consider SOEs declaring 'healthy dividends'

PSX hosts meeting with finance minister, who sets up three committees to coordinate on issues including interest rates, taxation, review of listings of DFIs among others

Updated 10 Aug, 2022 09:41am

Petroleum prices: Finance hints at making changes, adjustments on weekly basis

ISLAMABAD: The Finance Ministry has hinted at making changes/adjustment in petroleum prices on a weekly basis ...

Updated 05 Aug, 2022 12:01pm

SOEs: PM irked by inordinate delay in sell-off process

Meeting discusses transactions that are in pipeline for a long time

Updated 27 Jul, 2022 11:13am

Opinion

Ambitious reforms: need of the hour

With the glaring example of Sri Lanka defaulting on its debt, the risk of Pakistan facing a similar fate should be ...

Published 19 Jul, 2022 06:00am

Economic advisory body comprises PM, the Pashas, others

ISLAMABAD: Prime Minister Shehbaz Sharif Monday approved the recomposition of 18-member Economic Advisory Council...

Updated 28 Jun, 2022 09:49am

Opinion

Budget hasn’t eased all IMF concerns?

That a policy appeasement is often counterproductive with the International Monetary Fund (IMF) is a fact. Although...

Published 13 Jun, 2022 06:19am

Business & Finance

Post-budget press conference: Fiscal tightening on the cards

Miftah Ismail says energy sector’s woes have deepened due to mismanagement, unbearably high transmission and distribution losses
PM Shehbaz Sharif talked to the Indonesian President about palm oil
IMF not happy with the government measure to increase income tax exemption for salaried class

Updated 11 Jun, 2022 05:57pm

Budget 2022-23

Rs 96 billion to be generated via sell-off proceeds

ISLAMABAD: The federal government has budgeted to generate Rs96 billion from the privatisation proceeds in the...

Published 11 Jun, 2022 06:41am

Editorials

The Budget

EDITORIAL: It is a sad commentary on the state of our economy that within a brief span of three years we are faced...

Published 11 Jun, 2022 06:14am

Editorials

A contractionary fiscal policy

EDITORIAL: Addressing a business conference three days before his scheduled budget speech in parliament, Finance...

Published 09 Jun, 2022 06:18am

Business & Finance

FPCCI urges govt to declare ‘economic emergency’

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to...

Published 07 May, 2022 05:46am

New govt forms new economic advisory council

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a 21-member Economic Advisory Council (EAC) to review and...

Updated 29 Apr, 2022 10:27am

Opinion

Challenges for Shehbaz Sharif

It is indeed extremely disconcerting that the challenges that face Shehbaz Sharif’s government today are only...

Published 18 Apr, 2022 05:30am

Opinion

SOEs: the Chinese model

This is apropos a Business Recorder op-ed titled “SOEs: status quo” carried by the newspaper recently. The...

Published 03 Apr, 2022 05:34am

Editorials

Inefficiencies that breed corruption

EDITORIAL: Pakistan Institute of Development Economics’ (PIDE’s) two-day conference ‘Research for Social...

Updated 02 Apr, 2022 12:26pm

Opinion

The Privatization Commission has set a target to complete the privatisation of one dozen state-owned entities

Updated 14 Dec, 2021 01:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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