News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Pakistan economic growth projected to be 3pc: Baqir

He said that despite coronavirus pandemic, economic indicators are strong this year.

Updated 15 May, 2021 10:42am

Business & Finance

Pakistan weigh 0.02pc in MSCI EM

Pakistan now has a weight of 0.023 percent as compared to 0.016pc previously. Additionally, Pakistan's weight in the small cap index has been revised to 037 9pc.

Published 12 May, 2021 03:35pm

Business & Finance

Pakistan exports to EU cross over $7.4bn in Jul-Apr 2021

“EU is a very important market for us and we greatly appreciate the tireless efforts of our exporters for making this possible under very difficult conditions,” he said.

Published 12 May, 2021 01:51pm

Business & Finance

Poultry rates skyrocket in metropolis

The price of live chicken was up Rs. 330 per kg after which the vendors increased the price of meat to Rs. 560 per kg.

Updated 12 May, 2021 01:14pm

Business & Finance

Govt says multi-billion dollars Qatari investment not diverted to Bangladesh

Earlier, local media reports said that Pakistan and Qatar authorities had negotiated $5 billion investment projects in Pakistan but they could not be materialized.

Published 12 May, 2021 11:19am

Business & Finance

Punjab produces 20mn metric tons of wheat: Fawad

“This historic development was possible despite the outbreak of coronavirus,” he said.

Published 12 May, 2021 10:50am

Business & Finance

Pakistan’s exports to US cross $4bn mark

The advisor said that this is a substantial increase of USD 918 million and credit goes to Pakistani exporters for making this possible under difficult global conditions.

Published 11 May, 2021 01:34pm

Business & Finance

Despite COVID Pakistan’s citrus exports show double digit growth

The advisor commended the hard work of the local citrus exporters and encourage them to achieve even better results in next season.

Published 11 May, 2021 12:37pm

Business & Finance

Sindh initiates Participatory Form of Budgeting

“Citizens are requested to fill the questionnaire/survey designed to incorporate the citizens’ recommendations in next year’s budget,” it added.

Published 11 May, 2021 10:53am

Technology

Twitter has got a new feature that lets you monetize your post

“Tip Jar is an easy way to support the incredible voices that make up the conversation on Twitter. This is a first step in our work to create new ways for people to receive and show support on Twitter – with money,” said Esther Crawford, a senior product manager at the company, on Twitter's blog.

Published 11 May, 2021 10:24am

Business & Finance

Egyptian electrical giant acquires Pakistani transformers manufacturer

The multi-billion dollar company said that it plans to introduce its power inverters technology to boost the growth of the Pakistani company, in order to reach a production capacity of 5,500 MW.

Published 10 May, 2021 01:35pm

Business & Finance

Moving towards growth mode, Pakistan to spend $6bn on development

“That’s the bare minimum we need for a country this size,” said Tarin, who will be presenting a new budget in June.

Published 10 May, 2021 12:46pm

Business & Finance

Kamyab Jawan Program providing platform to Pakistan's transgender community

Sonia Naz, a trans artist and a fashion designer is one such individual who has started her own business with Rs 1 million under the scheme.

Published 10 May, 2021 11:48am

Business & Finance

Pakistan set eyes on Central Asian countries in bid to expand trade

“We’re too restricted to a few countries -- North America, European Union and China,” said Dawood.

Published 10 May, 2021 10:43am

Technology

What will happen to your WhatsApp account after May 15?

No one will have their accounts deleted or lose functionality of WhatsApp on May 15th because of this update.

Published 08 May, 2021 01:10pm

Business & Finance

Locally produced COVID vaccine to be available by May end

Due to the agreement on technology transfer, the National Institute of Health (NIH) will be able to produce three million doses per month which will significantly reduce the country’s dependence on other countries.

Published 08 May, 2021 12:08pm

Business & Finance

SECP considering conversion of physical shares into book-entry form

As per SECP, in order to minimize shareholding disputes and make the entire process of holding, monitoring, and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the public listed, public unlisted, public interest and private limited companies to have their shares in book-entry form in compliance with Section 72 of the Companies Act, 2017.

Published 08 May, 2021 11:14am

Business & Finance

PIA incurs over Rs7.5bn losses in first three months as Covid-19 dents aviation

Due to extremely challenging environment on account of COVID-19, PIA has attained gross loss of Rs 3.6 billion and operating loss of Rs 5.4 billion during the period ended March 31 2021.

Published 08 May, 2021 10:48am

Business & Finance

Pakistan exports to UK witness 31pc growth

These are the highest-ever exports to UK in a 10-months’ period, said Dawood.

Published 08 May, 2021 10:26am

Technology

IBM unveils world's first 2nm chip

IBM claims that the use of new technology will also increase the battery life of mobile phones by four times, after which the phone will need to be charged only once in 4 days.

Published 07 May, 2021 03:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Gadoon Textile / Jan 31 Gadoon Textile Mills Limited(GADT)	248.04 ▲ 22.55 (10%)
Fateh Sports / Jan 31 Fateh Sports Wear Limited(FSWL)	95.07 ▲ 8.64 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	32.90 ▼ -3.66 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.82 ▼ -4.53 (-9.99%)
Popular Islamic / Jan 31 Popular Islamic Modaraba(PIM)	11.35 ▼ -1.19 (-9.49%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	136 ▼ -11.19 (-7.6%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	6 ▼ -0.4 (-6.25%)
Diamond Ind. / Jan 31 Diamond Industries Limited(DIIL)	18.30 ▼ -1.2 (-6.15%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.86
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	41,157,743 ▲ 0.21
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.32
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.06
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▲ 0
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▲ 0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.87
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.03
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,790,254 ▲ 6.44

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