News stories for Bilal Memon - Business Recorder

Bilal Memon

Business & Finance

Supply-chain due diligence act: German official says opportunity exists for Pakistan to stand out

Florian Walther, Pakistan representative at the German Emirati Joint Council for Industry and Commerce, says act relevant for companies here as well

Updated 28 Oct, 2024 07:19am

Business & Finance

COLABS announces raising $2mn in pre-Series A funding

Pakistan’s workplace platform COLABS announced on Thursday that it has raised $2 million in a pre-Series A round led...

Published 24 Oct, 2024 09:00am

Technology

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

Technology

Pakistan’s Abhi secures $15mn in credit financing to expand financial inclusion in UAE

DUBAI: Pakistan’s fintech Abhi has secured $15 million in credit financing led by Shorooq Partners and Amplify...

Updated 16 Oct, 2024 06:56pm

Business & Finance

High tax rates, spiraling costs forcing Pakistan’s major companies to pursue the layoff route

KARACHI: High tax rates and spiraling costs have compelled major listed corporations in Pakistan to reduce headcount...

Updated 01 Oct, 2024 02:00pm

Pakistan

IMF executive board to discuss Pakistan programme on September 25: spokesperson

SBP governor says govt has arranged external financing commitments

Updated 12 Sep, 2024 10:53pm

Pakistan

Making good progress with IMF to secure Board approval during September, says Aurangzeb

Pakistan had earlier expected Executive Board approval on $7bn Extended Fund Facility in August

Updated 21 Aug, 2024 09:56pm

Opinion

Thank you and congratulations, Pakistan

What does it say about any person at the helm of Pakistan’s fiscal affairs when the Business Confidence Survey –...

Updated 16 Aug, 2024 10:57am

Business & Finance

Nearly 4,000 Pakistan companies join Dubai Chamber of Commerce in six months

This figure puts Pakistan second on list of new non-Emirati companies joining the Dubai body during January-June 2024

Updated 15 Aug, 2024 11:48am

Markets

Global rout: Pakistan’s local participation component is likely to help avert wider selloff

Fear of the US falling into recession after weak economic data last week triggered panic across global markets with...

Updated 05 Aug, 2024 10:49pm

Technology

IPO very much on the cards, says Jazz CEO Aamir Ibrahim

KARACHI: Jazz CEO Aamir Ibrahim has said going public is “very much on the cards” with further clarity emerging in...

Updated 02 Aug, 2024 04:53pm

Despite Rs2.5tr expected surplus profit from SBP: ‘Fiscal space’ continues to elude Pakistan

KARACHI: Despite the government estimating a surplus profit from the State Bank of Pakistan (SBP) at a record Rs2.5...

Updated 25 Jul, 2024 11:38pm

Business & Finance

Electric motorcycles: Zyp Technologies announces $1.5mn Series Pre-A funding

Zyp Technologies, which operates in the energy and electric motorcycle assembly space, announced on Tuesday that it...

Updated 23 Jul, 2024 02:18pm

Business & Finance

PIA privatisation: final bidding delayed till October 1

KARACHI: The privatisation process of state-owned Pakistan International Airlines (PIA) has been delayed as majority...

Updated 23 Jul, 2024 09:16am

Markets

PSX chief Farrukh H. Khan set to join Jazz as CFO

Farrukh H Khan, who resigned from his positions of CEO and Managing Director of Pakistan Stock Exchange (PSX), is...

Updated 08 Jul, 2024 06:26pm

Business & Finance

Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25

Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners

Updated 12 Jun, 2024 10:15pm

Business & Finance

Capacity utilisation of Pakistan’s cement industry drops to lowest on record

At around 55%, this is the lowest level since at least FY2007

Updated 11 Jun, 2024 11:53pm

Perspectives

Pakistan’s salaried group is rightly anxious ahead of the budget

Having contributed nearly Rs330 billion in 11 months of outgoing fiscal year, reports suggest there is even higher taxation on the cards

Published 11 Jun, 2024 04:59pm

Pakistan

IMF, Pakistan make ‘significant progress’ towards staff-level agreement, lender says

Pakistan's reform programme also broadly outlined in statement

Updated 24 May, 2024 03:04pm

Pakistan

‘Not an experiment’: At 59, Miftah Ismail is hoping for a sweet transition with political party launch

KARACHI: At 59, Dr Miftah Ismail can lead a sweet life. A little over 31% share in a company valued by stock market...

Updated 20 May, 2024 11:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular