News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Textile sector wants govt to allow 'whole supply of chain' operations

The All Pakistan Textile Mills Association, Pakistan Ready Made Garments Association and All Pakistan Textile Processing Mills Association said on Tuesday that completion of export orders would not be possible unless the government allows the whole supply

Published 15 Apr, 2020 12:00am

LPGDA withdraws strike call after meeting with Nadeem Babar

The Liquefied Petroleum Gas Distributors Association (LPGDA) on Friday called off the April 11 strike announced by it after holding a meeting with Special Assistant to Prime Minister on Petroleum Nadeem Babar.

Published 11 Apr, 2020 12:00am

Garment units start production as govt exempts textile from lockdown

The garment industry has started production following the announcement by government to exempt it from lockdown.

Published 08 Apr, 2020 12:00am

Pakistan

20 percent discount in fees: Private schools owners reject government's proposal

The All Pakistan Private Schools Federation has rejected the Punjab government's proposal of voluntarily giving 20% discount in the monthly fees of April and May.

Published 05 Apr, 2020 12:00am

APTMA wants textile units be exempted from lockdown

With a view to ensure smooth running of business operations of export-oriented industry and to bring them at par with the units operating in KPK and Sindh, the All Pakistan Textile Mills Association (APTMA) has requested the Punjab government to exempt te

Published 04 Apr, 2020 12:00am

Pakistan

Appointments of staff, faculty: Unapproved statutes of 15 public sector varsities biggest hurdle

Unapproved statutes of the Punjab's public sector universities are the biggest hurdle in implementation of the orders of governor vis-à-vis appointments of registrars, controllers' examination and treasurers of the public sector universities in Punjab.

Published 01 Apr, 2020 12:00am

Business & Finance

PRGMEA demands of government to increase DLTL facility by 7 percent

Pakistan Ready Made Garments Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ijaz Khokhar on Thursday demanded of the government to increase the Draw Back of Local Taxes and Levies (DLTL) facility by minimum 7 percent to garments export

Published 27 Mar, 2020 12:00am

Business & Finance

APTMA, PRGMEA urge govt to fix interest rate at 5pc for industry

The All Pakistan Textile Mills Association and the Pakistan Ready Made Garments Manufacture and Exporters Association on Wednesday appealed to the prime minister, advisor to prime minister on finance and advisor to prime minister on commerce, industry and

Published 26 Mar, 2020 12:00am

Pakistan

'Regulatory authorities should play due role in education sector'

Former chairman Higher Education Commission of Pakistan Dr Mukhtar Ahmed said that regulatory authorities should effectively play their role in the country, especially when education sector has become an industry. While talking to Business Recorder, Dr Mu

Published 24 Mar, 2020 12:00am

Aptma writes letter to Lesco for revised electricity bills

The All Pakistan Textile Mills Association (APTMA) has requested the Chief Executive Officer Lahore Electric Supply Company (LESCO) to take up the matter with the Ministry of Energy, Power Division for issuance of current electricity bills to the export o

Published 20 Mar, 2020 12:00am

APTMA urges government to announce relief for industry

The All Pakistan Textile Mills Association has appealed to Prime Minister Imran Khan and Advisor to Prime Minister on Commerce, Textiles and Industry Abdul Razak Dawood to announce immediate relief for the industry as shipments to Europe and the USA are b

Published 18 Mar, 2020 12:00am

Pakistan

Suspects in Punjab: 71 tested negative, one under observation: Chohan

Punjab Information Minister Fayyaz-ul-Hassan Chohan said on Friday that 72 coronavirus suspects were admitted to the hospitals of Punjab out of which 71 were test negative while only one case was under observation. The minister was responding to the point

Published 14 Mar, 2020 12:00am

Pakistan

Yasmeen says she never said Punjab has become polio-free

Punjab Health Minister Dr Yasmeen Rashid said on Thursday on the floor of House that she never said that Punjab has become free from polio.

Published 13 Mar, 2020 12:00am

FBR fails to rectify 'FASTER' system's fault, claims APTMA

The Pakistan Tehreek-e-Insaf government which took the credit of improving ease of doing business in Pakistan has failed to overcome the error in the Federal Board of Revenue IT system 'FASTER' for the last more than 20 days causing loss of billons of rup

Published 12 Mar, 2020 12:00am

Pakistan

Elahi for implementing SC decision on school fees

Punjab Assembly Speaker Chaudhry Pervez Elahi said on Tuesday that the government should monitor implementation on the Supreme Court's decision regarding fees of private schools.

Published 11 Mar, 2020 12:00am

Pakistan

Punjab Assembly: PTI-led coalition fails to maintain quorum

The PTI-led coalition government which came into power on the promise of providing health and education facilities to the people of Punjab failed to maintain the quorum when the treasury benches presented The Punjab Medical Teaching Institution (Reform) B

Published 10 Mar, 2020 12:00am

New Apprenticeship Law 2020 to be tabled in PA's upcoming session: Tevta chief

Chairperson Technical Education and Vocational Training Authority Punjab Ali Salman Siddique said that new Apprenticeship Law 2020 will be presented in the coming session of the Punjab Assembly.

Published 07 Mar, 2020 12:00am

Efforts afoot to raise cotton production: minister

Sindh Agriculture Minister Muhammad Ismail Rahoo on Thursday assured his full support to the leader ship of All Pakistan Textile Mills Association (APTMA) in their efforts of increasing the cotton production in the country.

Published 06 Mar, 2020 12:00am

Pakistan

Chohan for thorough probe into newsman Aziz Memon's killing

Punjab Information Minister Fayyaz-ul-Hassan Chohan demanded on Friday that Pakistan People's Party Chairman Bilawal Bhoutto Zardari and local leadership of district Naushero Feroze should be included in the investigation of murder of journalist Aziz Memo

Published 22 Feb, 2020 12:00am

Pakistan

Body formed to solve issues: Punjab government yields to pressure of private universities

As a result of political pressure by the Association of Private Universities of Punjab, mostly owned by owners of the media houses, the Punjab government on Thursday surrendered and announced to solve all the issues of accreditation and unauthorised sub-c

Published 21 Feb, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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