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Early GSP renewal by US Congress: Pakistan reiterates its request

ISLAMABAD: Pakistan has reiterated its request for early renewal of the Generalized System of Preferences (GSP) by...

Updated 27 Apr, 2024 09:19am

Business & Finance

NTU to hold global moot on knowledge-based textiles on 5th

FAISALABAD: 3rd International conference on Knowledge-based Textiles will be held from 5th to 6th March at National...

Published 01 Mar, 2024 02:59am

Opinion

Completing the petroleum value chain

Petroleum products, including crude oil, have the highest share in Pakistan’s external trade. Approximately 20% of...

Published 16 Feb, 2024 06:02am

Industries: Tariff cut plan requires an IMF nod

ISLAMABAD: The caretaker government has reportedly prepared a plan to reduce industrial tariff by up to 25 percent...

Updated 04 Jan, 2024 09:02am

Exporters likely to get DLTL worth Rs37.306bn

Caretaker Federal Minister for Commerce and Industries Dr Gohar Ejaz chairs a review meeting

Updated 28 Dec, 2023 10:13am

Opinion

A revisit of trade components critical

Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of...

Published 04 Dec, 2023 05:35am

Five major categories of ATT cargoes: 10pc processing fee abolished

ISLAMABAD: The 10 percent processing fee on five major categories of Afghan transit commercial goods covering...

Updated 28 Nov, 2023 09:49am

Pakistan

Export Advisory Council of Textiles: PHMA urges MoC to ensure representation of apparel sector

LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged the Ministry of Commerce to...

Published 25 Nov, 2023 05:19am

Opinion

Why our exports still struggle to get meaningful boost?—I

Many of us wonder why the Pakistani rupee is trading at 284 against one USD. A number of reasons are presented for...

Published 09 Nov, 2023 05:38am

BR Research

Cordoba Logistics & Ventures Limited

Cordoba Logistics & Ventures Limited (PS: CLVL) was incorporated in Pakistan as a public limited company in...

Published 03 Oct, 2023 08:52am

Supplements

Digitalization of Commercial Industry

TEXT: Digitization of industrial organizations has long been lagging behind retailers and B2B companies in ...

Published 29 Sep, 2023 06:24am

Business & Finance

Textile industry continuously declining: HCSTSI president

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani expressed his...

Published 11 Jul, 2023 06:08am

Opinion

Trade winds: On falling exports

The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export...

Published 05 Jul, 2023 06:00am

Additional tax on incomes, profits, gains: Textile exporters term move ‘harsh’, ‘anti-business’

KARACHI: The value-added textile exporters on Wednesday expressed concerns over “additional tax” on income, profits...

Updated 22 Jun, 2023 08:56am

Business & Finance

July-May textile group exports fall 14.72pc to $15.029bn YoY

ISLAMABAD: The country’s textile group exports declined by around 14.72 percent during the first eleven months...

Updated 17 Jun, 2023 11:25am

Business & Finance

Textiles exhibition in Milan: Italian envoy explains steps taken to facilitate would-be visitors

KARACHI: Consul General of Italy in Karachi Danilo Giurdanella has said that in order to support the textile...

Published 09 Mar, 2023 06:23am

Business & Finance

Textile exporters: FBR vows to ensure speedy refund payments

ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of...

Published 02 Mar, 2023 06:23am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Opinion

EU’s textile waste and used clothing in Pakistan

With the rising global trends in fast fashion, the export of textile waste or unwanted clothes to destinations...

Published 14 Feb, 2023 05:58am

Business & Finance

KPTMA urges govt to waive demurrage charges

PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KPTMA) has urged the government to waive off demurrage...

Published 24 Jan, 2023 08:00am

Opinion

Faltering exports – the longer term for textiles

When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute...

Updated 18 Jan, 2023 07:26am

Opinion

GDP growth in 2022-23

The World Bank has revised its projection downwards of the GDP growth rate of the economy of Pakistan in 2022-23 ...

Published 17 Jan, 2023 06:02am

Markets

'Not feasible': Another textile company cuts production by 40%

Suraj Cotton Mills Limited says measure is temporary, will keep reviewing situation

Updated 30 Dec, 2022 04:17pm

Markets

China cuts cotton demand outlook on slowing global growth

BEIJING: China’s agriculture ministry lowered its outlook for cotton consumption on Friday, as slowing global...

Published 12 Dec, 2022 06:07am

Supplements

Germany and Pakistan: Bilateral relations

TEXT: Germany and Pakistan have enjoyed close and diverse relations since 1951. In 2021 we celebrated the 70th...

Published 03 Oct, 2022 05:52am

Pakistan

‘Air Ambulance Service’ in Punjab: Spain may provide aeronautical technology

LAHORE: Spanish Ambassador Jose Antonio De Ory Peral met Chief Minister Punjab Chaudhry Parvez Elahi, former federal...

Published 17 Sep, 2022 04:27am

Business & Finance

FPCCI chief meets Dutch firms for JVs, strategic partnerships

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has called on world-class Dutch companies to expand their presence in...

Published 24 May, 2022 05:35am

Editorials

Cotton output and economic security

EDITORIAL: It’s one thing for government after government to ignore arguably the country’s most significant cash...

Published 27 Apr, 2022 05:19am

Opinion

Growth in imports

The information on the composition of imports from July 21 to March 22 was released recently by the Pakistan Bureau...

Published 26 Apr, 2022 05:20am

Pakistan

PSDF signs agreement with KISP to lead skill trainings

LAHORE: The Punjab Skills Development Fund (PSDF) has signed an agreement of Rs 150 million with Koh-e-Suleman...

Published 14 Apr, 2022 04:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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