News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

ADB funded Oxygen Concentrators handed over to Pakistan

An Oxygen Concentrator is a critical life-saving device used for treating patients suffering from coronavirus infection, birth asphyxia and complicated pneumonia.

Published 06 Feb, 2021 12:02pm

Technology

Facebook Fights ‘Misinformation’ through Third Party Fact Checking

The company defined ‘misinformation’ as false information that is often shared unintentionally.

Published 06 Feb, 2021 10:55am

Business & Finance

Pakistan Exports cross $2bn mark for four consecutive months

This is the first time in the last eight years that exports have crossed the $ 2 billion mark for four consecutive months.
He was briefed that in January 2021, an increasing trend has been witnessed in the export of value-added and non-traditional products.

Published 06 Feb, 2021 10:14am

Technology

TikTok introduces stringent rules for video-sharing

As per the Chinese app, TikTok app will now flag unverified videos in order to prevent the spread of false information on this platform.

Published 05 Feb, 2021 12:27pm

Business & Finance

MARI dividend cap removal will unlock company’s potential, says Analysts

Just days ago, ECC of the Cabinet made this decision of removal of dividend cap to ensure that the divestment transaction generates optimum sale proceeds for the government.

Published 05 Feb, 2021 11:15am

Business & Finance

Searle rejects reports of installing Reckitt Benckiser manufacturing unit in Pakistan

It added that currently the company has not entered into any kind of contractual arrangement with Reckitt Benckiser.

Published 04 Feb, 2021 03:16pm

Business & Finance

Kuwait firm to invest in cattle breeding, solar and water projects in Sindh

“Our company would make direct investment and where necessary they would work on PPP mode,” the CEO Abdullah Al Mutairi said.

Published 04 Feb, 2021 01:52pm

Business & Finance

Oversees Pakistanis deposit over $420mn in Roshan Digital Accounts

“Fabulous response to these great initiatives by State Bank of Pakistan and Finance Ministry of Pakistan,” he added.

Published 04 Feb, 2021 12:46pm

Business & Finance

Fiscal Operations: Revenue stood at Rs 3,351bn in first half of financial year

According to the report, the revenue in July-December stood at Rs 3,351 billion and in the first half of the financial year, the revenue made up 7.4 percent of GDP.

Published 04 Feb, 2021 12:01pm

Business & Finance

Pakistani pharma aims to acquire Sandoz owned brands to enhance share

The company informed that the SPV we will acquire the brands through an optimal capital structure comprising equity and debt in the ratio of 30:70.

Published 04 Feb, 2021 11:16am

Business & Finance

Ghandhara Nissan announces to manufacture Chery passenger cars in Pakistan

In line with the government's initiative to implement EV Policy, the company will introduce its lineup of electric vehicles in Pakistan in the next 2-3 years.

Updated 04 Feb, 2021 04:51pm

Business & Finance

Pakistan’s steel manufacturer Goes Green to meet energy needs

ASIL has signed a contract with Renewable Power Private Limited for installing a 2.25 megawatt solar power project at its production facility located at Port Qasim Authority, Karachi.

Published 03 Feb, 2021 04:21pm

Business & Finance

FBR urges Taxpayers to resolve cases through ADRC

Even prior to launching of E-filing, disposal of cases have been surpassing the assigned targets as per the Performance Agreement.

Published 03 Feb, 2021 03:21pm

Business & Finance

Japan to witness entry of Pakistani IT engineers in near future

Cheema apprised the community members about measures taken to simplify the procedure of sending cars to Pakistan through gift scheme.

Published 03 Feb, 2021 01:29pm

Business & Finance

Jeff Bezos announces to step down as Amazon CEO

Starting of the business as an internet bookseller 27 years ago, Bezos Amazon is now one of the world’s most valuable companies and posted three consecutive record profits after losses in decades prior.

Published 03 Feb, 2021 12:50pm

Business & Finance

Double digit growth in OMCs volume sales continue

“We attribute continues uptick in HSD to government efforts in curbing HSD smuggling along with resumption of economic activities. Up till now, FBR has sealed 1556 retail outlets across the country from 2094 illegal retail outlets,” stated the report.

Published 03 Feb, 2021 12:21pm

Technology

TPL Trakker to Power Lahore based Ride Hailing Services

Following the partnership, TPL Trakker’s Location Based Service (LBS) APIs, will power B4U Cab’s Ride Hailing Mobile Apps for consumers and cab drivers.
The Lahore-based B4U Cabs aims to expand operations throughout the country.

Published 03 Feb, 2021 11:52am

Business & Finance

Pakistan’s Cement sales hit new highs in January

This is the highest cement dispatches recorded in the month of January in the last two years.

Published 03 Feb, 2021 11:02am

Business & Finance

HUBCO, CPPA enters into payment of overdue receivables agreement

Under the Agreement, the payment of overdue receivables is an integral part of the Agreement and the payment mechanism envisaged is two instalments, with 40% of the overdue receivables payable within 30 business days of signing the Agreement.

Published 02 Feb, 2021 03:46pm

Business & Finance

Pakistani pharma announces to ensure availability of Sputnik V vaccine

The Drug Regulatory Authority of Pakistan (DRAP) on February 1st 2021 granted Emergency Use Authorisation (EUA) for ‘Gam-Covid-Vac’ combined vector vaccine to prevent coronavirus infection caused by SARS CoV-2 virus.

Published 02 Feb, 2021 02:17pm

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	255.63
Diesel/Litre / Jan 1	258.64

Gainers
Losers
Leaders

Stock	Price
Beco Steel Ltd / Feb 28 Beco Steel Limited(BECO)	9.60 ▲ 1 (11.63%)
Merit Packaging / Feb 28 Merit Packaging Limited(MERIT)	10.59 ▲ 1 (10.43%)
Internationl Packaging Films / Feb 28 Internationl Packaging Films Limited(IPAK)	22.28 ▲ 2.03 (10.02%)
The Thal Ind.Corp. / Feb 28 The Thal Industries Corporation Limited(TICL)	424.64 ▲ 38.6 (10%)
S.S.Oil / Feb 28 S.S.Oil Mills Limited(SSOM)	88.33 ▲ 8.03 (10%)
Sanghar Sugar / Feb 28 Sanghar Sugar Mills Limited(SANSM)	49.60 ▲ 4.51 (10%)
Khyber Tobacco / Feb 28 Khyber Tobacco Company Limited(KHTC)	302.01 ▲ 27.46 (10%)
Fateh Sports / Feb 28 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
AGP Limited / Feb 28 AGP Limited(AGP)	189.72 ▲ 17.25 (10%)
Power Cem(Pref) / Feb 28 Power Cement (Pref)(POWERPS)	14.11 ▲ 1.28 (9.98%)

Stock	Price
First Elite Cap.Mod / Feb 28 First Elite Capital Modaraba(FECM)	7.40 ▼ -0.97 (-11.59%)
Kohinoor Energy / Feb 28 Kohinoor Energy Limited(KOHE)	22.59 ▼ -2.51 (-10%)
Dadex Eternit / Feb 28 Dadex Eternit Limited(DADX)	73.05 ▼ -8.12 (-10%)
EMCO Industries / Feb 28 Emco Industries Limited(EMCO)	25.66 ▼ -2.85 (-10%)
Pak Datacom / Feb 28 Pak Datacom Limited(PAKD)	94.84 ▼ -10.53 (-9.99%)
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	29.56 ▼ -3.28 (-9.99%)
Trust Sec.& Brok. / Feb 28 Trust Securities & Brokerage Limited(TSBL)	11.58 ▼ -1.27 (-9.88%)
Data Agro / Feb 28 Data Agro Limited(DAAG)	88 ▼ -9.64 (-9.87%)
S.G.Power / Feb 28 S.G. Power Limited(SGPL)	9.12 ▼ -0.98 (-9.7%)
Dewan Textile / Feb 28 Dewan Textile Mills Limited(DWTM)	7.70 ▼ -0.76 (-8.98%)

Stock	Volume
Cnergyico PK / Feb 28 Cnergyico PK Limited(CNERGY)	71,837,021 ▼ -0.21
Pak Int.Bulk / Feb 28 Pakistan International Bulk Terminal(PIBTL)	51,942,475 ▲ 0.64
WorldCall Telecom / Feb 28 Worldcall Telecom Limited(WTL)	42,417,350 ▼ -0.04
National Bank / Feb 28 National Bank of Pakistan(NBP)	27,430,703 ▲ 3.96
GhaniGlobalGlass / Feb 28 Ghani Global Glass Limited(GGGL)	21,659,838 ▼ -0.15
At-Tahur Ltd. / Feb 28 At-Tahur Limited(PREMA)	17,624,004 ▼ -3.28
Maple Leaf Cement / Feb 28 Maple Leaf Cement Factory Limited(MLCF)	16,353,261 ▲ 2.21
Sui North Gas / Feb 28 Sui Northern Gas Pipelines Limited(SNGP)	15,824,842 ▲ 1.11
Sui South Gas / Feb 28 Sui Southern Gas Company Limited(SSGC)	14,522,331 ▼ -0.7
B.O.Punjab / Feb 28 The Bank of Punjab(BOP)	13,562,631 ▼ -0.09

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