News stories for Zahid Baig - Business Recorder

Zahid Baig

Pakistan

PPA urges government to defer installments, payment on bank loans for a year

The Pakistan Poultry Association (PPA) submitted a set of recommendations to pull the sector out of decline due to lockdown in the country and urged the government to delay all installments and payment of the mark up on bank loans obtained by its members

Published 10 Apr, 2020 12:00am

APMPEA urges govt to help retrieve stuck payments

The All Pakistan Meat Processors & Exporters Association (APMPEA) has urged the federal government to launch efforts at commercial consulate level abroad to ensure retrieval of payments stuck/defaulted by the importers of Pakistani meat and its products.

Published 09 Apr, 2020 12:00am

Business & Finance

Farmers want cotton support price be fixed at Rs 5000/maund

Farmers representatives have urged the government to announce support price of the cotton crop for the current season at Rs 5000 per maund on priority basis encouraging the farmers to go for this crop.

Published 08 Apr, 2020 12:00am

PPA fears short supply of poultry products

Due to reduced consumption and price crash, broiler farmers have reduced placement of day-old chicks at their farms as a result of which hatcheries had almost stopped setting eggs for chick production.

Published 07 Apr, 2020 12:00am

Markets

Wheat shortage in Punjab: Sindh accused of banning movement of grains

Flour shortage is expected to further aggravate in Punjab as wheat transportation from Sindh is being denied despite having permits from the Sindh food department.

Published 05 Apr, 2020 12:00am

Pakistan

Consumption of domestic cement declines by 16.70 percent in March

As expected Coronavirus had its impact on domestic consumption of cement also that declined by 16.70 per cent in March while the exports grew at 5.27 per cent as the global markets are equally under pressure due to the same reason.

Published 04 Apr, 2020 12:00am

Business & Finance

Cotton sowing season begins in Punjab

The cotton sowing season 2020 kicked off in the province on Wednesday with the provincial agriculture department eyeing to bring over 4.6 million acres of land under cultivation of this most important crop. Cotton is grown mostly in the two provinces of P

Published 02 Apr, 2020 12:00am

Markets

No ban on movement of essential commodities except wheat: Sindh government

Taking notice of rice exporters' complaints, Sindh government has made it clear that there is no ban on the movement of essential food commodities except transportation of wheat which is being regulated by the Sindh Food department.

Published 01 Apr, 2020 12:00am

Markets

Passco launches wheat procurement drive in Hyderabad zone

The Pakistan Agricultural Storage Services Corporation (Passco) on Friday launched its procurement drive in Sindh by initiating distribution of gunny bags among wheat farmers in Hyderabad Zone.

Published 28 Mar, 2020 12:00am

Pakistan

REAP demands inclusion of rice among export-oriented sectors

The Rice Exporters Association of Pakistan (REAP) has appealed to the government for including rice among those export-oriented sectors which are enjoying different incentives and official backing.

Published 25 Mar, 2020 12:00am

MNFS&R asks provinces to exempt outlets/supply chain of agriculture inputs

In the wake of alarming situation of pandemic Covid-19, and lockdown announced by the provincial governments and start of Kharif Season 2020, the Ministry of National Food Security & Research (MNFS&R) has asked all the four provinces to exempt the outlets

Published 24 Mar, 2020 12:00am

Kharif-2020: NSC relaxes cotton seed germination standard

The National Seed Council (NSC) has relaxed the cotton seed germination standard for Kharif 2020 crops only (both for the public and private sector seed companies) from the existing 65-70 percent to 50 per cent.

Published 22 Mar, 2020 12:00am

REAP chief urges government to double term of ERF

Rice Exporters Association of Pakistan (REAP) has urged the government for enhancing the term of export refinance facility (ERF) scheme given to the rice exporters from 180 days to 360 days, enabling them work smoothly and with peace of mind.

Published 20 Mar, 2020 12:00am

Punjab to launch Rs 2.647 billion pilot shrimp farming cluster project

The Punjab fisheries department will soon launch 'pilot shrimp farming cluster' development project at a cost of Rs 2.647 billion on 2500 acres of land in the province.

Published 17 Mar, 2020 12:00am

Atlas Food signs MoU with Syngenta Pakistan

The Punjab government will soon launch an ambitious Rs 6 billion plus project to promote mechanization, usage of certified seed and responsible application of pesticides in line with international standards.

Published 15 Mar, 2020 12:00am

Fisheries department to launch 'Cage Culture Cluster' project

The provincial department of fisheries is all set to launch 'Cage Culture Cluster Development Project' worth Rs 1.475 billion to harness the potential of untapped aquatic resources of the province and increase fish production to meet the food requirement.

Published 14 Mar, 2020 12:00am

Reap team to visit Australia, Saudi Arabia

Rice Exporters Association of Pakistan (REAP) is visiting Australia and Saudi Arabia to increase exports of Basmati rice from Pakistan to these markets.

Published 08 Mar, 2020 12:00am

Pakistan

Inadequate urban planning: Himalayan towns facing increased water insecurity: study

A recent study covering 13 towns of four countries including Bangladesh, India, Nepal, and Pakistan in the Hindu Kush Himalayan (HKH) region shows that the Himalayan towns are facing increased water insecurity in the wake of inadequate urban planning coup

Published 05 Mar, 2020 12:00am

Pakistan

Cement sector posts phenomenal growth of 33.91 percent in February

Cement sector continued to post growth in the month of February as its total dispatches increased to 4.489 million tons, an increase of 33.91 percent from 3.352 million tons during the same month last year. Domestic consumption increased by 31.35 percent

Published 04 Mar, 2020 12:00am

Pakistan

Southeast Asia and Pakistan: Bayer, XAG sign MoU to promote digital farming technology

Bayer and XAG announced a strategic partnership to bring, promote and commercialize digital farming technology in Southeast Asia & Pakistan (SEAP).

Published 03 Mar, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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