News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Transit to Afghanistan: ‘Strategic Endeavor’ carrying fertilizer arrives at Gwadar Port

This new initiative provides business opportunity generating employment for logistics companies and labor services and promoting trade facilitation, says Customs.

Published 09 Dec, 2020 10:29am

Business & Finance

Success for Pakistan; Illegal registration of “KERNAL” rice trademark canceled

The minister thanked the Rice Exporters Association of Pakistan (REAP) for bringing the issue to the Ministry of Commerce’s notice.

Published 08 Dec, 2020 04:49pm

Technology

Following One Million Downloads, Likee All Set to Launch Operations in Pakistan

The planned launch is considered a timely step as Pakistan has a market of 76.38 million internet users, according to the estimates of the current year.

Published 08 Dec, 2020 03:59pm

Business & Finance

Prominent Business leader Siraj Qasim Teli passes away

As per media reports, the businessman in a UAE hospital for chest infection and breathed his last during treatment.
Teli was actively involved in the economic affairs of the country and was also awarded Sitara-e-Imtiaz by the Government of Pakistan for his services.

Updated 08 Dec, 2020 03:51pm

Business & Finance

Qatar to open its Visa Centers in Pakistan in coming days

As per details, the appointment bookings to visit the Qatar Visa Centres for the three countries are already open and can be done through the QVC website.

Published 08 Dec, 2020 02:22pm

Business & Finance

Tax Returns: KCCI urges PM Khan to extend filing date

It is pertinent to mention that today (Tuesday) is the last date for filing the tax return, as the FBR refused to grant any extension to the date.

Published 08 Dec, 2020 01:13pm

Business & Finance

After impressive gains, Razak urges Pakistani exporters to pursue US market aggressively

"It is a great achievement by our exporters and I encourage them to market their exports to the US aggressively in order to capture a greater share of the market,” he said.

Published 08 Dec, 2020 12:08pm

Technology

Pakistan, China to establish Gene & Cell Technology Research Center

The business venture between China and Pakistan by the Biotech & Biomedicine (Shenyang) Group and Dynamic Engineering and Automation (DEA) Group Pakistan for the development of Gene & Cell Technology Research& Transformation Center has further added a new drive to the collaboration between both countries in health care.

Published 08 Dec, 2020 11:13am

Business & Finance

After five decades, Pakistan going to build Mohmand, Bhasha dams: PM Khan

The PM said that the dam will generate 800MW of hydroelectricity, irrigate over 16,000 acres of land and contribute heavily to the socio-economic uplift of the region.

Published 08 Dec, 2020 10:48am

Business & Finance

Last date for filing Income Tax Returns today

Salary earners earning more than Rs. 600,000 in a year are required to submit their annual tax returns.

Published 08 Dec, 2020 10:26am

Business & Finance

Pakistan assures China of power provision to SEZ’s under CPEC

The Chinese Ambassador said his country is keen to work with Pakistan in the field of energy including power projects under CPEC.

Published 07 Dec, 2020 04:29pm

Business & Finance

PTBA urges FBR to extend return filing date till Jan 31st

In a letter to FBR Chairman, President PTBA Aftab Hussain Nagra said that the global situation created due to the coronavirus pandemic has made it impossible for taxpayers to timely file their tax returns.

Published 07 Dec, 2020 01:26pm

Business & Finance

COVID-19 set to push over 32mn of the world’s poorest people into extreme poverty: UN

The extreme poverty level in LDCs is projected to expand by 32 million in 2020, to reach 377 million people.

Published 07 Dec, 2020 11:52am

Business & Finance

Pakistan’s exports regaining momentum after impressive growth in Nov, says Dawood

The exports during July-November (2020-21) were recorded at $9.737 billion against the exports of $9.536 billion in July-November (2019-20), showing growth of 2.11 percent according to PBS data.

Published 07 Dec, 2020 11:15am

Business & Finance

Pakistan Customs seize smuggled luxury vehicles worth Rs 120mn

24 smuggled luxury vehicles were seized from Quetta Chaman Highway Prowaza Showroom.

Published 07 Dec, 2020 10:39am

Business & Finance

Karachi Transformation Plan: Meeting of high-ups for city's development held

Sindh Chief Minister Murad Ali Shah told the participants that NED University was conducting a survey of all the major canals. He informed the study of the Mahmoodabad drain has been completed.

Published 05 Dec, 2020 02:33pm

Business & Finance

With exponential growth, Philippines emerges as ‘fast-growing’ market for Pakistan

The advisor informed that in Nov 2020, alone Pakistan’s exports to the Philippines grew by 167pc to USD 13 million compared to USD 4.8 million in Nov 2019.

Published 05 Dec, 2020 01:36pm

Business & Finance

Procedure for wholesale Poultry purchase fixed

Setting a transparent procedure will help curb the rise in egg and poultry prices. The declaration will take effect on December 10.

Published 05 Dec, 2020 01:18pm

Business & Finance

Pakistan economy poised to bounce back, KSE-100 to hit 52,000 points by 2021

The report was of the view that it expects the economic activity in Pakistan to continue the robust pace it has shown over the last couple of months.
The report was of the view that “we think that an exit from the FATF grey list in February has become quite likely. This would be a significant stimulant for confidence in the equity bourse.”

Updated 05 Dec, 2020 04:47pm

Business & Finance

Pakistan among Top Five countries with highest investment commitments: WB Report

Pakistan had the fourth-highest investment commitments—a new entrant to the top five countries this year—with $1.9 billion of investment commitments, accounting for 0.69 percent of its GDP.

Published 05 Dec, 2020 11:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.96
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
Nasdaq / Nov 26	19,175.58
Dow Jones / Nov 26	44,860.31
India Sensex / Nov 27	80,416.35
Tokyo Nikkei / Nov 27	38,134.97
Hang Seng / Nov 27	19,595.16
FTSE 100 / Nov 27	8,261.85
Germany DAX 30 / Nov 27	19,236.54

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Petrol/Litre / Nov 27	248.38
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Diesel/Litre / Nov 27	255.14

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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