News stories for Zahid Baig - Business Recorder

Zahid Baig

Five more popular juice factories sealed in Punjab

Food safety teams of the Punjab Food Authority (PFA) on Wednesday in the province-wide crackdown sealed five factories illegally producing juices of the different popular brands. The provincial food regulatory body recovered 1,344 litres hazardous juice,

Published 09 May, 2019 12:00am

Growers, flour millers protest over seizure of vehicles, godowns

Growers organizations, flour millers and other stakeholders have lodged strong protest over undue seizure and impounding of vehicles and godowns of wheat owned by licensee grain dealers and urged the Food department to stop this injustice as it will not h

Published 08 May, 2019 12:00am

$63 million snack plant opens in Multan: Cost of doing business to be slashed in budget: Dawood

Prime Minister's Advisor for Commerce, Textile, Industry, Production & Investment Abdul Razzak Dawood said here on Thursday that the government will bring down the cost of doing business by reducing duties on raw material & intermediary goods.

Published 03 May, 2019 12:00am

Mango growers: MRI Multan to introduce ICM

In order to achieve yield and quality enhancement and increasing Pakistan's share in the global mango market, Mango Research Institute (MRI) Multan is introducing Integrated Crop Management (ICM) to mango growers, which include drip irrigation, nutrition,

Published 02 May, 2019 12:00am

TCP plan to set up 'Rice City' in Karachi

The Trading Corporation of Pakistan (TCP) is planning to set up a 'Rice City' in Karachi in order to facilitate exporters and help enhance export of the commodity to strengthen national economy.

Published 25 Apr, 2019 12:00am

KSA, Iran, Kuwait Now is time to capture halal markets: APMPEA

All Pakistan Meat Processors & Exporters Association (APMPEA) Chairman Nasib Ahmad Saifi has claimed that an opportunity has emerged for Pakistani halal meat exporters to capture Kuwait, Saudi Arabia and Iranian markets as Kuwait slapped a ban on some big

Published 18 Apr, 2019 12:00am

Seminar on 'water productivity project' held

Pakistan's rice sector is lagging behind not only in productivity but also facing high cost of production as compared to other rice-producing countries, said Shahid Tarer, Director Galaxy Rice (Pvt) Ltd.

Published 16 Apr, 2019 12:00am

Agricultural practices: need stressed for improving age-old irrigation methods

"Pakistan has fertile land and suitable climate for agriculture, but there is a need to improve agricultural practices, especially age-old irrigation methods, by promoting mechanization, which will help in lowering water consumption, labour cost and time

Published 14 Apr, 2019 12:00am

Conditions imposed on imported items relaxed

Acceding to the demands of commercial importers, the federal government on Tuesday announced to relax the conditions imposed on imported items, especially FMCG and food products including printing label in Urdu & English till June 30, 2019.

Published 10 Apr, 2019 12:00am

EPD Punjab directs field staff to carry out surprise visits of hospitals

In order to bound the large private hospitals of the province to follow environmental standards and ensuring proper cleanliness, the Environment Protection Department (EPD) Punjab has directed all its field formations to carry out surprise visits of hospi

Published 09 Apr, 2019 12:00am

Nishat Dairy, Turkish SÜTA to produce, sell products in Pakistan

Nishat Dairy (Pvt) Limited in collaboration with SÜTA, one of the largest milk and dairy products producer from Turkey, is going to produce, market, distribute and sell premium dairy products in Pakistan.

Published 06 Apr, 2019 12:00am

'Water Act' draft ready for cabinet's nod: minister

Draft of a comprehensive 'Water Act' aimed at monitoring and regulating water usage in Punjab is ready and may be presented to the cabinet for approval in next couple of months. "At present it is in the phase of fine-tuning and it is hoped that its enforc

Published 28 Mar, 2019 12:00am

ESL develops two rice hybrids for resisting BLB, LB diseases

Emkay Seed Limited (ESL) has developed two rice hybrids having resistance against Bacterial Leaf Blight (BLB) and Leaf Blast (LB), which are the main damaging factors in the rice production.

Published 24 Mar, 2019 12:00am

WWF-Pakistan for innovative solutions to secure water

Water resources are under immense pressure from climate change, soaring demand for water in domestic, agriculture and industrial sectors. There is an urgent need for communities, companies and governments to come up with innovative solutions to secure wat

Published 23 Mar, 2019 12:00am

Markets

Wheat procurement: farmers voice concern over delay in announcement

Farmers have expressed their concern over delay in announcement of wheat procurement campaign dates for the current season and urged the provincial government to kick start it in the South of Punjab from April 15 and in Central Punjab from April 20. Thoug

Published 12 Mar, 2019 12:00am

3.479 million tons dispatched: Cement sector posts 19.05 percent decline in February

Cement sector posted a double digit decline of 19.05 percent in the month of February compared with corresponding month last year. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), the cement industry despatched 3.32

Published 03 Mar, 2019 12:00am

Punjab government approves Rs 90.574 million for ostrich farming project

The Punjab government has approved Rs90.574 million project 'an initiative towards food security and innovative livestock business in Pakistan' aimed at developing and promoting Ostrich farming in the province. According the revised PC-I of the project, O

Published 24 Feb, 2019 12:00am

FAO's first-ever report on biodiversity presents worrying evidence

The first-ever Food and Agriculture Organization (FAO) report on biodiversity presents mounting and worrying evidence that the biodiversity that underpins our food systems is disappearing, putting the future of our food, livelihoods, health and environmen

Published 23 Feb, 2019 12:00am

Imported food items' labels must be in Urdu & English

Ministry of Commerce & Textile amending the import policy has made it compulsory on the importers that the consumer packaging of the imported food items should have label printed both in Urdu & English languages giving details of the product including nut

Published 21 Feb, 2019 12:00am

Markets

Buzdar to announce first agriculture policy for Punjab on February 20

Punjab Chief Minister Usman Buzdar will announce first-ever agriculture policy for Punjab on February 20. Draft of the policy has already been prepared and approved by the provincial cabinet on October 2018, said Minister Agriculture Punjab Malik Nauman A

Published 14 Feb, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 26	157.65
USD to Swiss Franc / Dec 26	0.90
Pound Sterling to USD / Dec 26	1.25
Euro to USD / Dec 26	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
FTSE 100 / Dec 24	8,136.99
France CAC40 / Dec 24	7,282.69
S&P 500 / Dec 26	6,037.59
India Sensex / Dec 26	78,472.48
Tokyo Nikkei / Dec 26	40,225.56
Nasdaq / Dec 26	20,020.36
Hang Seng / Dec 26	20,121.80

Item	Value
Crude Oil USD/Barrel / Dec 26	69.68
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Gold 10 Grams PKR / Dec 26	234,911.70
Gold Spot USD/Ounce / Dec 26	2,633.37
Cotton US¢/pound / Dec 26	68.80
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Dec 27 Premier Insurance Limited(PINL)	6.39 ▲ 0.88 (15.97%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Askari Life Assur. / Dec 27 Askari Life Assurance Company Limited(ALAC)	6.24 ▲ 0.60 (10.64%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Imperial Limited / Dec 27 Imperial Limited(IML)	22.48 ▲ 2.03 (9.93%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.87 ▲ 0.97 (9.80%)

Stock	Price
First AL-Noor Mod. / Dec 27 First Al-Noor Modaraba(FANM)	3 ▼ -0.49 (-14.04%)
Mehmood Tex / Dec 27 Mehmood Textile Mills Limited(MEHT)	596.56 ▼ -66.28 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leather Up Ltd. / Dec 27 Leather Up Limited(LEUL)	26.21 ▼ -2.91 (-9.99%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Sanghar Sugar / Dec 27 Sanghar Sugar Mills Limited(SANSM)	21.51 ▼ -2.27 (-9.55%)
Kohat Textile / Dec 27 Kohat Textile Mills Limited(KOHTM)	30.04 ▼ -3.11 (-9.38%)
Faran Sugar (R) / Dec 27 Faran Sugar Mills Limited (R)(FRSMR)	7.30 ▼ -0.75 (-9.32%)
Reliance Cotton / Dec 27 Reliance Cotton Spinning Mills Limited(RCML)	603 ▼ -46.79 (-7.20%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 0.79
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.01
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 2.54
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.08
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	22,947,833 ▲ 0.07
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▼ -0.03
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	16,349,091 ▼ -0.07
Fauji Cement / Dec 27 Fauji Cement Company Limited(FCCL)	16,189,868 ▼ -0.29
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	14,738,115 ▼ -0.02

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