News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Pakistan to launch soft loan scheme for Overseas Workers

Under the initiative, soft loans will be provided to the labourers and the overseas Pakistanis returning from foreign countries so that they could set up their own businesses.

Published 03 May, 2021 11:16am

Business & Finance

US Senators table bill to develop ROZs in Pakistan, Afghanistan border region

The bill would establish Reconstruction Opportunity Zones (ROZs) in Afghanistan and Pakistan’s border regions to allow certain products from these areas to enter the U.S. duty-free, read a statement.

Published 01 May, 2021 12:47pm

Pakistan reduce inbound international flights to 20pc

Pakistan has decided to significantly reduce inbound international air travel, said the NCOC in a statement on Saturday.

Published 01 May, 2021 12:17pm

Business & Finance

Policies leading to economic revival says PM, as FBR post impressive growth

The prime minister said that the rise in FBR revenue indicates that the government policies have led to broad-based economic revival.

Published 01 May, 2021 10:50am

Business & Finance

Adhering to strict financial discipline to achieve stability, Tarin tells business community

The representatives of FPCCI discussed matters related to sales tax harmonization and rationalization of taxes.

Published 01 May, 2021 10:15am

Business & Finance

OGRA slashes LPG rates for May

The notification said that the new price of a domestic LPG cylinder was fixed at Rs 1,572.40, while in April, the price of a domestic LPG cylinder was Rs 1,718.59.

Published 30 Apr, 2021 02:59pm

Business & Finance

Punjab approves projects worth Rs 75bn under Public-Private partnership

The meeting approved to initiation of seven projects worth Rs. 75 billion under public-private partnership.

Published 30 Apr, 2021 02:22pm

Markets

PSX ends April with bears dominating the bourse

The benchmark KSE-100 Index closed at 44,262.35 points on Friday, losing 600.76 points facing a decline of 1.34 percent.

Published 30 Apr, 2021 12:49pm

Business & Finance

Riding on new policy Pakistan’s refining capacity to register significant growth

The expectation comes on the back of a new oil refinery policy, which is under works and offers incentives for existing up-gradation projects and new refineries as well.

Published 30 Apr, 2021 11:53am

Business & Finance

Consumer Confidence erodes, as Pakistan fears rise in unemployment: Survey

*The Consumer Confidence Index declined by 10.8pc on a quarterly basis to 80.8 points in the first quarter of 2021.

Published 30 Apr, 2021 11:00am

Business & Finance

Traders urge govt to increase business hours of groceries

LCCI President Tariq Misbah has said that extra working hours will reduce the pressure on the business community.

Published 30 Apr, 2021 10:00am

Business & Finance

SECP introduces combined digital registration with provincial depts

As per SECP, this initiative is expected to significantly reduce the overall starting a business time in Pakistan and would have a positive impact on the countries ranking on the Doing Business Index.

Published 29 Apr, 2021 03:33pm

Business & Finance

Experts call for special tax regime for Pakistan solar industry

Rizvi lamented the situation that power plants were still being established in the country on the basis of imported coal when there was a huge potential to indigenously generate clean electricity using abundantly available solar energy.

Published 29 Apr, 2021 02:16pm

Business & Finance

Modern scanners to be installed at airports for fruits & veggie inspection

Waheed said that the scanner will help examine the export of fruits, vegetables, and other perishable food items.

Published 29 Apr, 2021 01:14pm

Business & Finance

Until exports increase, Pakistan need to close gap with remittances: PM

He was hopeful that the introduction of two new products including the Roshan Apni Car and Roshan Samaji Khidmat to increase the participation of Overseas Pakistanis will be successful.

Updated 29 Apr, 2021 02:59pm

Markets

PSX updates office/trading timing amid rising COVID cases

“Align with the decision of National Command and Operation Centre (NCOC) regarding the COVID-19 situation and subsequent reduction in banking hours by the State Bank of Pakistan, PSX has also revised its market at office timing keeping in view the smooth clearing and settlement within the reduced banking hours,” stated the bourse.

Published 29 Apr, 2021 10:54am

Business & Finance

Pakistan’s textile giant to invest $300mn in next five years

The company said that under the vision it will endeavor to double its sales by FY2025-26 when compared to the sales in the FY2020 -21.

Published 29 Apr, 2021 10:08am

Business & Finance

Pakistan's meat exporter eyeing to enter into international pet foods market

The company informed that its shipment has been cleared by the US Food and Drug Administration (FDA), which can result in the opening of a new export market for pet food raw material supply.

Published 28 Apr, 2021 02:51pm

Business & Finance

Pakistan‘s inflation rate expected to remain 8-9.5pc in April

The monthly bulletin was of the view that the recent increases in international and domestic energy prices are expected to have transitory effects on inflation.

Published 28 Apr, 2021 02:10pm

Business & Finance

Pakistan should continue efforts toward fiscal consolidation and policy reforms: ADB

The ADB report highlighted that reforms are required to promote high value-added exports, expand social spending, reinforce energy sector financial and technical sustainability, and implement structural changes that will strengthen institutions and create jobs.

Published 28 Apr, 2021 12:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Cotton US¢/pound / Nov 26	71.35
Petrol/Litre / Nov 27	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 27 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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