News stories for Tahir Amin - Business Recorder

Tahir Amin

Technology

Telecom services: Proposed taxation to hinder IT sector’s growth

ISLAMABAD: The proposed increase of five percent in the withholding tax (WHT) on telecom services and the standard...

Updated 28 Dec, 2021 11:29am

Pakistan not yet ‘5G ready’: WB report

ISLAMABAD: Pakistan is not yet ‘5G ready’ as there exists a considerable number of factors to address in...

Updated 27 Dec, 2021 11:36am

Jan-Nov: local cellphone production reaches 22.12m in Pakistan

ISLAMABAD: The production of mobile phones by local manufacturing plants has witnessed a significant increase of ...

Updated 26 Dec, 2021 11:06am

‘Mera Pakistan Mera Ghar’ PM touts housing initiative

PM Imran says project will uplift the economy as it will give a boom to construction activities in the country

Updated 25 Dec, 2021 03:02pm

Markets

SPI increases 0.4pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended December 23, 2021 recorded an increase of 0.40...

Published 25 Dec, 2021 05:02am

Energy sector reforms: $300m received from ADB

ISLAMABAD: Pakistan received $300 million from the Asian Development Bank (ADB) for energy sector reforms. This was...

Updated 25 Dec, 2021 03:03pm

Pakistan

Number of cellular subscribers reaches 106.68m: PTA

ISLAMABAD: The number of 3G and 4G users in Pakistan reached 106.68 million by end-November 2021 compared to 105.73...

Published 24 Dec, 2021 05:43am

Business & Finance

Fiscal year 2021-22: $4.7bn foreign debt incurred in first 5 months

ISLAMABAD: Pakistan incurred foreign debt of $4.7 billion from multiple financing sources in the first five months...

Updated 24 Dec, 2021 09:56am

Electricity Distribution Efficiency Improvement Project: Agreements worth $195m signed with WB

ISLAMABAD: The government of Pakistan signed financing agreements of Electricity Distribution Efficiency Improvement...

Updated 24 Dec, 2021 10:21am

Pakistan

5G ecosystem, commercial launch: Ministry to finalise incentives by 2023

ISLAMABAD: The Ministry of Finance will finalise incentives, which would be reflected in the Financial Bill 2022 to...

Updated 23 Dec, 2021 09:55am

Pakistan

‘Personal Data Protection Bill, 2021’: Minister, NSA, others discuss proposed legislation

ISLAMABAD: The Ministry of Information Technology and Telecommunication has finalised the “Personal Data ...

Published 23 Dec, 2021 04:23am

Road, rail transport: ADB report spells out Covid-19 impact

ISLAMABAD: The most significant impact of the Covid-19 for road and rail transport in Pakistan was on ...

Updated 23 Dec, 2021 10:20am

Six financing agreements of $1.543bn signed with ADB

ISLAMABAD: The Government of Pakistan and the Asian Development Bank (ADB), on Wednesday, signed six financing...

Updated 23 Dec, 2021 09:58am

All set for inking $1.5bn loan agreements with ADB

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 ...

Published 22 Dec, 2021 06:13am

Jul-Nov ICT export remittances increase 37.57pc to $1.05bn YoY

ISLAMABAD: The ICT export remittances, including telecommunication, computer and information services for the period...

Updated 22 Dec, 2021 09:57am

Power distribution, energy reforms: WB Board approves $195m financing

ISLAMABAD: The World Bank’s Board of Executive Directors approved $195 million in financing to support Pakistan in...

Updated 19 Dec, 2021 10:39am

18.32pc growth YoY: Cell phones worth $856.73m imported in 5 months: PBS

On a month-on-month basis, imports of mobile phones into Pakistan increased by 41.64 percent during November 2021 and remained $212.055 million

Updated 19 Dec, 2021 10:25am

Discontinuation of gas to hit textile exports in a big way

Pakistan Bureau of Statistics data shows cotton yarn exports registered a growth of 65.45 percent during July-November 2021

Updated 18 Dec, 2021 09:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 6	278.68
USD PKR Interbank Buying / Jan 6	278.48
USD to Japanese Yen / Jan 6	157.66
USD to Swiss Franc / Jan 6	0.91
Pound Sterling to USD / Jan 6	1.25
Euro to USD / Jan 6	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
Nasdaq / Jan 3	19,621.68
Dow Jones / Jan 3	42,732.13
India Sensex / Jan 6	78,130.84
Tokyo Nikkei / Jan 6	39,307.05
Hang Seng / Jan 6	19,688.29
FTSE 100 / Jan 6	8,215.60
Germany DAX 30 / Jan 6	19,991.90

Item	Value
Petrol/Litre / Jan 6	252.66
Crude Oil USD/Barrel / Jan 6	73.66
Karachi Cotton PKR/37.32 KG / Jan 6	18,285
Gold 10 Grams PKR / Jan 6	235,768
Gold Spot USD/Ounce / Jan 6	2,627.79
Diesel/Litre / Jan 6	258.34

Gainers
Losers
Leaders

Stock	Price
Goodluck Ind. / Jan 6 Good Luck Industries Ltd.(GIL)	1,283.35 ▲ 85.86 (7.17%)
Pak Elektron (Pref) / Jan 6 Pak Elektron Limited (Preference)(PELPS)	12.44 ▲ 0.34 (2.81%)
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▼ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▼ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▼ 0.00 (0.00%)

Stock	Price
Javedan Corp.(Pref) / Jan 6 Javedan Corp.(Pref)(JVDCPS)	19 ▼ -1.00 (-5.00%)
Dawood Lawrencepur / Jan 6 Dawood Lawrencepur Limited(DLL)	250.10 ▼ -4.84 (-1.90%)
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▲ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▲ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▲ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Jan 6 Worldcall Telecom Limited(WTL)	73,230,816 ▲ 0.00
Cnergyico PK / Jan 6 Cnergyico PK Limited(CNERGY)	57,326,691 ▲ 0.00
Fauji Cement / Jan 6 Fauji Cement Company Limited(FCCL)	54,376,196 ▲ 0.00
Fauji Foods Ltd / Jan 6 Fauji Foods Limited(FFL)	48,486,153 ▲ 0.00
Pace (Pak) Ltd. / Jan 6 Pace (Pakistan) Limited(PACE)	47,351,133 ▲ 0.00
K-Electric Ltd. / Jan 6 K-Electric Limited(KEL)	47,018,900 ▲ 0.00
Bank Makramah / Jan 6 Bank Makramah Limited(BML)	34,268,257 ▲ 0.00
Pak Elektron / Jan 6 Pak Elektron Limited(PAEL)	32,625,743 ▲ 0.00
B.O.Punjab / Jan 6 The Bank of Punjab(BOP)	26,761,290 ▲ 0.00

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