Trends - TERF - Business Recorder

TERF

Exim Bank of Pakistan

EDITORIAL: The Export-Import (Exim) Bank of Pakistan will finally be operational. It was one of the conditions of ...

Published 29 Dec, 2023 02:58am

Opinion

There’s need for repeat of TERF

In a two-part series of an article carried by this newspaper under the title of “Cotton crisis’: challenges,...

Published 07 Aug, 2023 06:34am

BR Research

Trigger Warning: It starts with the letter ‘T’

No, not TERF. But also,not entirely unrelated to the very relevant debate that is taking place in the country as the...

Published 18 Jul, 2023 08:30am

Opinion

No significant investment can be attracted without meaningful reforms

IMF’s (International Monetary Fund’s) SBA (Stand-By Arrangement) was a surprise for almost everyone, including...

Published 17 Jul, 2023 03:47am

Opinion

Setting the record straight

In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments...

Updated 13 Jul, 2023 05:25am

Over 628 businessmen were beneficiaries in PTI govt: PAC disposes of issue of $3bn loans

ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday disposed of the issue of $3 billion worth of loans to over...

Updated 12 Jul, 2023 08:48am

Opinion

TERF: We’re always on home turf when it comes to criticism!

TERF (temporary economic refinance facility) was a hot topic last week. The scheme was offered at the time of Covid...

Updated 10 Jul, 2023 07:32am

Business & Finance

SBP’s TERF: PTC says putting some ‘facts’ on record

KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility (TERF),...

Published 09 Jul, 2023 02:55am

Business & Finance

Textile council decries discontinuation of SBP’s TERF facility

KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility, TERF,...

Published 08 Jul, 2023 06:20am

BR Research

TERF loans: do better!

SBP’s TERF scheme is in the news again. Reportedly, governor SBP has now agreed to an in-camera briefing for members...

Published 07 Jul, 2023 09:29am

Editorials

The battle for TERF

EDITORIAL: Temporary Economic Refinance Facility (TERF) was a concessionary finance scheme that was offered to...

Updated 07 Jul, 2023 11:01am

SBP’s TERF during PTI govt’s tenure: PAC to examine list of 620 borrowers in camera

ISLAMABAD: The Public Accounts Committee (PAC) in an in-camera meeting will examine the list of 620 individuals/...

Updated 06 Jul, 2023 08:36am

Opinion

Is textile sector ‘rent seeker’?

The textile exporters of Pakistan are fond of championing that textile is the backbone of the economy and that it is...

Updated 15 Jun, 2023 06:28am

Business & Finance

FPCCI says ‘short-term economic scenario is still bleak’

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has ...

Updated 29 Apr, 2023 06:27am

Editorials

Textile exports left to wither

EDITORIAL: It increasingly appears as if nothing is going right in Pakistan. At the time when every dollar inflow...

Published 08 Dec, 2022 05:58am

Supplements

Will our exports keep growing, or will further growth be throttled?

TEXT: For the last two years Pakistani exports have been growing at the phenomenal rate of 25%. This after a decade...

Published 25 Jun, 2022 04:42am

Opinion

Textile sector: removing structural inefficiencies

The textile sector continues to steer Pakistan’s economy through difficult conditions, consistently outperforming...

Published 21 Jun, 2022 05:51am

Credit to private sector rises to record Rs1.3trn

KARACHI: Private sector obtained a record Rs 1.3 trillion loans from the domestic banking sector during the first 10...

Updated 10 Jun, 2022 09:40am

BR Research

TERF: hindsight is 20-20, but so are warnings

With monetary cycle undergoing a V-shaped reversal over the last 6 months, it appeared as if the great concessionary...

Published 09 Jun, 2022 09:45am

Business & Finance

PBA highlights banks’ role

KARACHI: The Pakistan Banks’ Association (PBA) has highlighted the effective and integral role Pakistani banks ...

Published 03 Jun, 2022 06:26am

Business & Finance

Banks, DFIs approve Rs435bn loans under TERF: SBP governor

KARACHI: Banks and DFIs have approved loans worth Rs 435 billion under the State Bank of Pakistan’s Temporary...

Published 29 Mar, 2022 05:49am

Business & Finance

Pakistan offers ‘unlimited’ export potential, says Dr Baqir

SBP governor cites example of Service Long March Tyres that used central bank's TERF to enhance value

Updated 28 Mar, 2022 07:52pm

Sustaining export growth key challenge: Dawood

ISLAMABAD: Prime Minister Advisor on Commerce and Investment, Abdul Razak Dawood said on Wednesday that key ...

Updated 17 Feb, 2022 09:53am

Opinion

Trade credit: a basic building block for industry—II

Similar to LTFF, the SBP introduced Temporary Economic Refinance Facility (TERF) to sustain economic growth in a...

Published 19 Jan, 2022 06:15am

Opinion

Export refinance: enough party!

Textile industry has been the greatest beneficiary of government’s concessions and subsidies throughout most of...

Published 09 Jan, 2022 07:05am

Kibor surges to double-digit

KARACHI: The benchmark six-month Karachi Inter Bank Offered Rate (Kibor) Monday surged to double-digit owing to ...

Published 23 Nov, 2021 03:54am

Business & Finance

SBP making efforts for sustainable economic growth: Baqir

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir Wednesday said the central bank is making efforts for a...

Published 12 Aug, 2021 04:34am

Business & Finance

State Bank MPC: Policy Rate remains unchanged at 7pc

Growth in FY21 is now projected to be higher than previously anticipated due to improved prospects for manufacturing and reflecting in part the monetary and fiscal stimulus provided during Covid.
Looking ahead, as the temporary increase in inflation from administered prices wanes, inflation should fall to the 5-7 percent target range over the medium-term.

Updated 19 Mar, 2021 05:21pm

Business & Finance

State Bank approved financing under TERF reaches Rs374bn

TERF has shown significant growth over the last ten months as reflected by increase in requested amount from Rs 36.1 billion by end April 2020 to Rs 687.4 billion by Jan 28, 2021.

Published 10 Feb, 2021 10:47am

Lively TERF nearing its demise

KARACHI: In response to COVID-19, State Bank of Pakistan (SBP) announced a Temporarily Economic Refinance Facility...

Updated 04 Feb, 2021 10:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 2	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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