News stories for Khalid Abbas Saif

Khalid Abbas Saif

Plea to upgrade textile sector

Upgrade of textile sector is imperative to maintain the inherent edge of Faisalabad in national economy and textile exports, said Faisalabad Chamber of Commerce & Industry (FCCI) SVP Mian Tanveer Ahmed. He headed a delegation of FCCI which participated in

Published 03 Jul, 2019 12:00am

US wants to start new era of cordial ties with Pakistan: CG

Consul General of the United State of America, Lahore, Colleen Crenwelge has said that US Consulate General (CG) is trying its optimum best to further deepen the existing relations between Pakistan and America. She was addressing the business Community in

Published 28 Jun, 2019 12:00am

Markets

US, UAE envoys meet DC Faisalabad

Consul General United State of America at Lahore called on Divisional Commissioner Mehmud Javed Bhatti at his office here on Wednesday. Public Affairs Officer Michel Genain, Deputy Commissioner Sardar Saifullah Dogar, SSP Operation Syed Ali Raza, MD WASA

Published 27 Jun, 2019 12:00am

Implementation on CPFTA-II commenced: FCCI

President Faisalabad Chamber of Commerce & Industry (FCCI) Syed Zia Alumdar Hussain has said that implementation on second phase of China-Pakistan Free Trade Agreement (CPFTA-II) has been started with a focused approach to enhance Pakistani exports to Chi

Published 22 Jun, 2019 12:00am

'11m electricity users could be brought into tax net by utilising data'

Government must carve out a simple, viable and result-oriented strategy to broaden tax base instead of adding extra burden on the existing taxpayers and in this connection at least 11 million electricity users out of total 29 million could be easily broug

Published 21 Jun, 2019 12:00am

Markets

Businessmen offered last chance to regularise assets

The government is fast moving towards documentation of economy and in this connection before taking harsh measures; the business community is being offered last opportunity to regularize their undeclared assets before June 30, 2019.

Published 18 Jun, 2019 12:00am

Exporters' claims: Government urged to evolve automatic refund mechanism

Pakistan Textile Exporters Association (PTEA) has stressed the government to devise an effective and efficient automated refund mechanism for speedy reimbursement of exporters' refund claims. Further delay would block exporters' working capital of more th

Published 15 Jun, 2019 12:00am

Five major export sectors: FCCI terms ST regime contrary to PTI's manifesto

President Faisalabad Chamber of Commerce & Industry (FCCI), Syed Zia Alumdar Hussain has said that sale tax (ST) regime for five major export sectors is unviable and already failed scheme which is not only against the vision of Prime Minister Imran Khan t

Published 31 May, 2019 12:00am

Accused of power theft remanded till May 28

The local court has remanded Shabbir, the leader of a district level group involved in power theft that was caught red handed in the jurisdiction of the Khurrianwala police station, till May 28th. On his identification 8 more FIRs have been registered aga

Published 28 May, 2019 12:00am

Every tree must be tagged to dispel negative propaganda: FCCI chief

Every full-grown tree must be tagged to dispel negative propaganda in addition to ensuring transparency in tree plantation campaigns launched by the governments, said Syed Zia Alumdar Hussain president Faisalabad Chamber of Commerce & Industry (FCCI).

Published 01 May, 2019 12:00am

Markets

Textile industry remains under stress after 9/11: PTEA chief

Economic growth is key to generate employment opportunities, counter the inflation and bring economic prosperity. Government must set a road map for next four years to generate robust economic activity, increase exports up to US $ 30 billion and fulfill t

Published 27 Apr, 2019 12:00am

Alvi lauds role of business community in social sector

Pakistan has emerged as a politically mature nation as it has proved though its conduct that despite of its limited financial resources it has been generously accommodating 3.5 million Afghan refugees for the last many decades, said Dr Arif Alvi President

Published 26 Apr, 2019 12:00am

Globalization of Pakistan economy stressed

Globalization of Pakistan economy is the only solution to survive in the coming decades and in this connection World Bank (WB) will help Pakistan through technology enhancement, skill development and creating conducive climate for the manufacturing sector

Published 25 Apr, 2019 12:00am

Markets

Cotton yarn export: Textile Division's media hype rocks value-added sector

Despite categorical assurance that the government would not allow export of cotton yarn, the media campaign by the Textile Division has rocked the entire value added textile sector. The government must reverse this decision to save national exports from a

Published 16 Apr, 2019 12:00am

Markets

Cotton yarn export: Textile Division''s media hype rocks value-added sector

Published 16 Apr, 2019 12:00am

Markets

Cotton yarn export: Textile Division's media hype rocks value-added sector

Published 16 Apr, 2019 12:00am

Visible improvement likely in Pak-US ties, opines Ann

Chief of Political and Economic Section, US Consulate General Lahore, Ann Mason has said that Pakistan and America are enjoying sustained and mutually beneficial relations despite of temporary political recession and a visible improvement in bilateral rel

Published 12 Apr, 2019 12:00am

FTA with China to be signed during PM's visit: envoy

Prime Minister Imran Khan will visit China in last week of April to sign second phase of Free Trade Agreement (FTA) between Pakistan and China, said Yao Jing, Ambassador of People's Republic of China.

Published 11 Apr, 2019 12:00am

Pak-China FoA on agriculture to be finalised during PM's visit: envoy

Chinese Ambassador to Pakistan Yao Jing has said that framework of agreement (FoA) on agriculture will be finalised during the coming visit of Prime Minister of Pakistan to China.

Published 10 Apr, 2019 12:00am

FCCI demands funds for expo centre's construction

President Faisalabad Chamber of Commerce & Industry (FCCI), Syed Zia Alumdar Hussain has said that efforts must be expedited for allocation of necessary funds in next federal budget for the fast track construction of Faisalabad Expo Centre (FEC). He was a

Published 04 Apr, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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