News stories for Zahid Baig - Business Recorder

Zahid Baig

Passage of Tax Ordinance: Fertiliser industry fears disruption in supply

Fertilizer industry fears disruption in fertilizer supply owing to the recent passage of Tax Ordinance by the federal government which restricts fertilizer companies from claiming input sales tax on retailing of urea to unregistered dealers.

Published 04 Jan, 2020 12:00am

Business & Finance

Domestic cement dispatches grow by 3.54 percent

The cement sector maintained the dispatch pattern of previous six months as the Northern region excelled in domestic dispatches but performed poor in exports. On the other hand, the Southern region over excelled in exports but its performance in the domes

Published 03 Jan, 2020 12:00am

Issues faced by agriculture sector in 2019 highlighted

Agricultural sector during the current calendar year faced some very serious issues including availability of water, higher inputs, erratic rains; longer heat spells etc, which resulted in reducing the productivity of the crops.

Published 02 Jan, 2020 12:00am

REAP seeks meeting with MNFS&R

Rice Exporters Association of Pakistan (REAP) has requested the Ministry of Commerce & Trade to arrange its meeting with the Ministry of the National Food Security and Research (MNFS&R) to seek solutions to the hardships being faced by the rice exporters

Published 21 Dec, 2019 12:00am

REAP plans to send trade teams to S Arabia, Australia

Rice Exporters Association of Pakistan (REAP) is planning to take trade delegations to Saudi Arabia and Australia during the next calendar year in a bid to boost Pakistani rice exports to the two nations.

Published 20 Dec, 2019 12:00am

Pakistan

Punjab government urged to restore Environment Council

The Environment Protection Department (EPD) Punjab has written to the Punjab government for restoration of Environment Council in order to tackle the environmental issues including smog by the province.

Published 10 Dec, 2019 12:00am

Pakistan

CAP welcomes PM's decision to set up CIDB

The Constructors Association of Pakistan (CAP) welcomed Prime Minister Imran Khan's decision of setting up 'Construction and Infrastructure Board (CIDB)' and stressed the need of setting up Construction Development Bank (CDB) and immediate bridge financin

Published 05 Dec, 2019 12:00am

Conference on water productivity in agriculture held

Speakers at a conference on "Water Productivity in Agriculture - the role of Technology and Private Sector" emphasized the importance of leveraging appropriate technology in achieving more crops per drop and to save water per unit of production.

Published 04 Dec, 2019 12:00am

Punjab government increases wheat, sugarcane's support price

The Punjab Government deciding to increase the support price of wheat and sugarcane in the larger interest of farmers, has fixed it at Rs 1365 per maund for wheat while sugarcane's new support price will be Rs 190 per maund.

Published 30 Nov, 2019 12:00am

Need for adopting innovative agriculture tech stressed

Speakers at a workshop on 'Sustainable Agriculture' stressed the need for adoption of innovative latest agricultural technology coupled with implementation of good agricultural practices to tackle the issue of reducing available farmland per person per he

Published 29 Nov, 2019 12:00am

Markets

Agri development can end extreme poverty: World Bank

As per the World Bank, agricultural development is one of the most powerful tools to end extreme poverty, boost shared prosperity and feed a projected 9.7 billion people by 2050. In Pakistan, farm output contributes around 18.5 percent to the country's Gr

Published 22 Nov, 2019 12:00am

Markets

Growers urge government to plan paddy straw management

Growers have urged the government to come up with a comprehensive plan for disposal of paddy straw rather than just banning the burning of rice stubbles under section 144 in the bid to tackle the menace of environment pollution, especially smog.

Published 12 Nov, 2019 12:00am

More exportable surplus in rice possible by introducing machines

Pakistan can easily produce more exportable surplus in rice, without bringing more land under rice cultivation, by just introducing rice transplanters, laser land levelling and Kabuta harvesters as these machines will help increasing farm yields by about

Published 09 Nov, 2019 12:00am

Climate change to have adverse impact on agriculture, food security: Hartmann

Pakistan is vulnerable to challenges such as rising temperatures, deforestation, land degradation and water scarcity in the next two decades, leading to an adverse impact on agriculture and food security in Pakistan.

Published 08 Nov, 2019 12:00am

Export Finance Scheme: Rice exporters fear funds unavailability to badly affect exports

Rice exporters fear that unavailability of financing under Export Finance Scheme (EFS) and higher interest rates on loans from the commercial banks may lead to rendering them uncompetitive in the international market thus making a big dent on the exports

Published 06 Nov, 2019 12:00am

Pakistan

Cement sector reports 9.19 percent growth in October

The cement sector has reported 9.19 percent increase in cement despatches in October 2019 despatching 4.984 million tons cement, an all time record for a month's despatches, as compared to 4.564 million tons in October 2018.

Published 03 Nov, 2019 12:00am

Business & Finance

Need to make waste management part of curriculum

Segregation of waste, its collection and recycling should be made a part of schools' curriculum, starting at the kindergarten level to higher levels, educating children both of the needs and how to segregate waste according to its type. School children wi

Updated 02 Nov, 2019 07:58am

Business & Finance

Need for baseline studies stressed to save people from pollution

There is a strong need to carry out fresh 'baseline studies' in major cities of the country to ascertain the level of pollution and types of pollutants in the environment to devise a strategy for combating this nuisance and saving the people from negative

Updated 01 Nov, 2019 08:16am

Failure of corn, cotton, rice crops: FBP urges govt to announce financial incentive package for growers

Farmers Bureau of Pakistan (FBP) demanding emergency in areas hit by the current heatwave has urged the government to document the losses incurred by the farmers due to failure of corn, cotton and rice crops and announce a financial incentive package.

Published 26 Oct, 2019 12:00am

Climate change: Rice, maize and cotton farmers may suffer loss of Rs 300 billion

Farmers of rice, maize and cotton may have to suffer a loss of Rs 300 billion as their crops suffered severe damages due to climate change which caused prolonged hot season in the province.

Published 23 Oct, 2019 12:00am

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%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Mirpurkhas Sugar / Jan 31 Mirpurkhas Sugar Mills Limited(MIRKS)	31.90 ▲ 2.9 (10%)
Gadoon Textile / Jan 31 Gadoon Textile Mills Limited(GADT)	248.04 ▲ 22.55 (10%)
National Bank / Jan 31 National Bank of Pakistan(NBP)	70.84 ▲ 6.44 (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%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	132.50 ▼ -14.69 (-9.98%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	41.15 ▼ -4.2 (-9.26%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	6 ▼ -0.4 (-6.25%)
Shahmurad Sugar / Jan 31 Shahmurad Sugar Mills Limited(SHSML)	380 ▼ -19.64 (-4.91%)
Ghazi Fabrics / Jan 31 Ghazi Fabrics International Limited(GFIL)	9.12 ▼ -0.46 (-4.8%)
The Thal Ind.Corp. / Jan 31 The Thal Industries Corporation Limited(TICL)	280.01 ▼ -13.99 (-4.76%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.42
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.29
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.06
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	25,999,568 ▲ 0.26
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▼ -0.01
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▲ 0
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 3.15
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▲ 0.03
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,678,700 ▲ 6.44

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