News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Hammad intends to introduce one window operation in SEZs

Talking to local media, the minister said that the government is utilizing all available resources to revive SEZ’s and develop underprivileged areas of the country.

Published 27 Aug, 2020 11:26am

Markets

Bank Alfalah’s PAT stood at Rs. 5.584bn amid conservative provisioning

In view of the economic impact of the pandemic, the Bank said that it has adopted a more conservative view for provision built up against advances which include subjective provisioning and general provision on account of expected credit weakening amid COVID pandemic.

Published 27 Aug, 2020 10:35am

Business & Finance

Pakistan Refinery Limited halts operations after Karachi rains damage oil pipelines

The incident resulted in severely damaging the aforesaid oil pipelines, it added.

Published 26 Aug, 2020 03:25pm

Technology

Electric Buses will be on Pakistan's roads this year, says Fawad

"From this year, electric buses will start running in Pakistan, and in three years, full manufacturing of these buses will commence in Pakistan," he added.

Published 26 Aug, 2020 01:16pm

Record shattering Karachi rains to take toll on Pakistan’s exports

The advisor added that the exporters facing any difficulties “may please be brought to the notice of the MOC.”

Published 26 Aug, 2020 01:03pm

Business & Finance

Pak Suzuki decides to end sales of another popular model in Pakistan

As per details available the Suzuki Swift, which was introduced in Pakistan in 2010, has been popular auto of the people for years, and its sales record has also been excellent.

Published 26 Aug, 2020 12:38pm

Business & Finance

Ship carrying 60,000 tons of imported wheat to arrive in Pakistan today

During a federal cabinet in Islamabad chaired by Prime Minister Imran Khan, the cabinet was informed that government steps have resulted in a reduction of wheat prices.

Published 26 Aug, 2020 12:01pm

Technology

Jazz to use TPL Maps tech to enhance customer offerings

As per details, Jazz will have access to TPL Trakker’s Location Based Services (LBS) APIs, powered by TPL Maps, the mapping arm of TPL Trakker.

Published 26 Aug, 2020 11:19am

Business & Finance

Eyeing business boom, govt urges youth to apply for Kamyab Jawan loan

So far 56, 812 online applications, from across Pakistan, have been received to partner banks through www.KamyabJawan.gov.pk.

Published 26 Aug, 2020 10:50am

Markets

Huawei establishing 24 HAINA Labs in Pakistan

It is pertinent to inform that HAINA Labs are a non- profit program designed to build the skills that are required for practical skills for students undertaking Computer Science and related studies.

Published 25 Aug, 2020 02:33pm

Business & Finance

India marching towards civil strife as millions of youth sits idle

As per the latest figures, the unemployment rate in India touched over 9 percent in August 2020.

Published 25 Aug, 2020 01:36pm

Business & Finance

FBR orders to ensure speedy clearance of perishable items

The Chief Collectors have been directed to monitor the clearance of perishable goods on a daily basis and resolve the issues of the importers/exporters on priority.

Published 25 Aug, 2020 12:02pm

Business & Finance

Initial standards for Pakistan auto industry be submitted to Cabinet in coming days

Pakistan auto sector is dominated by the Big Three i.e. Toyota, Suzuki and Honda, the trio of Japanese auto manufacturers is often criticized by the public for not introducing many improvements in its products, despite charging high prices.

Published 25 Aug, 2020 11:39am

Markets

OGDCL discovers oil and gas reserves in Kohat

As per details, ODGCL, Mari Petroleum Company Limited, and Saif Energy Limited has made a gas and condensate discovery from its exploratory efforts at Togh Bala Well No. 01.

Published 25 Aug, 2020 10:46am

Business & Finance

Sindh decides to abolish Capital Value Tax

The Sindh government has decided to abolish capital value tax by making a big decision to promote the construction sector and 40 related industries.

Published 24 Aug, 2020 03:19pm

Business & Finance

PM orders FBR to reopen 565 complaints

The Prime Minister's Delivery Unit (PMDU) has received a report regarding the performance of FBR officials.

Published 24 Aug, 2020 02:43pm

Technology

Twitter now gives more information, when DM from unknown person

Twitter has informed users about the addition of a new Direct Message (DM) feature to the site from its 'Twitter Support' account.

Published 24 Aug, 2020 01:24pm

Business & Finance

Pakistani pharma co’s outperforming MNCs: Report

The Pakistani pharmaceutical companies have shown a cumulative average growth rate or CAGR of 13.1 percent in the last four years, as compared to Multinational Companies (MNCs), which observed a CAGR of 9.34 percent.

Published 24 Aug, 2020 12:14pm

Business & Finance

Pakistan’s economy ‘moving in the right direction’, says PM after C/A shows surplus

Imran Khan added in his tweet that this drastic change is the result of continuous improvement in exports which increased by 20 percent as compared to in June 2020 and record remittances.

Updated 24 Aug, 2020 11:24am

Markets

How would Turkey leverage after historic gas discovery in Black Sea?

Turkey spent billions of dollars on energy imports, which comes at a high cost at a time when the local currency is weakening and the economy is more fragile because of the coronavirus.

Updated 22 Aug, 2020 04:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	277.93
USD PKR Interbank Buying / Nov 28	278.13
USD to Japanese Yen / Nov 28	151.53
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.05

Stock	Volume
S&P 500 / Nov 27	5,998.74
Nasdaq / Nov 27	19,060.48
Dow Jones / Nov 27	44,722.06
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45
Hang Seng / Nov 28	19,368.83
FTSE 100 / Nov 28	8,289.96
Germany DAX 30 / Nov 28	19,381.32

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Petrol/Litre / Nov 28	248.38
Crude Oil USD/Barrel / Nov 28	68.72
Gold Spot USD/Ounce / Nov 28	2,635.70
Diesel/Litre / Nov 28	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	114,966,225 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	106,286,630 ▲ 0.00
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	91,200,956 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,248,949 ▲ 0.00
Bank Makramah / Nov 28 Bank Makramah Limited(BML)	37,218,539 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	35,016,136 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	30,887,483 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	29,932,157 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	26,219,598 ▲ 0.00

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