News stories for Hassan Abbas - Business Recorder

Hassan Abbas

Surge in gas prices inevitable: OGRA

Chairperson Oil and Gas Regulatory Authority (OGRA), Uzma Adil Khan said on Monday that surge in gas prices is inevitable. Talking to media after the public hearing of OGRA in Lahore Uzma Adil said that prices of gas would likely be increase by 75-80 perc

Published 16 Apr, 2019 12:00am

PRGMEA to hold IAF's 35th World Fashion Convention

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has announced to hold IAF's 35th World Fashion Convention from November 11 to 13, 2019 in Lahore in collaboration with the International Apparel Federation (IAF).

Published 14 Apr, 2019 12:00am

Markets

'New textile policy to be announced before budget'

Chairman Task Force on Textile Policy Dr Salaman Shah said on Saturday that new textile policy will be announced before the budget 2019-20. Salman Shah said this while addressing a seminar on industrial and textile policies for growth under Punjab spatial

Published 14 Apr, 2019 12:00am

Nepotism alleged in HEC's appointments

Despite tall claims of the PTI-led government of introducing the culture of merit, the Higher Education Commission of Pakistan, chief educational regulatory body of the country, has made a number of appointments just on the basis of favoritism and nepotis

Published 13 Apr, 2019 12:00am

Pakistan hoping to get ASEAN-like treatment

Prime Minister's Advisor on Commerce and Textile Abdul Razzak Dawood Thursday said that Prime Minister Imran Khan was going to China on April 28 and he would sign second phase of Free Trade Agreement (FTA). "We will request China to provide access of Paki

Published 12 Apr, 2019 12:00am

Pakistan hoping to get ASEAN-like treatment

Published 12 Apr, 2019 12:00am

Pakistan hoping to get ASEAN-like treatment

Prime Minister''s Advisor on Commerce and Textile Abdul Razzak Dawood Thursday said that Prime Minister Imran Khan was going to China on April 28 and he would sign second phase of Free Trade Agreement (FTA). "We will request China to provide access of Pak

Published 12 Apr, 2019 12:00am

PEF chairman urges Punjab government to allocate Rs 22 billion

Punjab Education Foundation Chairman Wasiq Qayyum Abbasi said that they will request the Punjab government to allocate Rs 22 billion in the upcoming budget for provision of education to 2.6 million children studying in the partner schools of the foundatio

Published 09 Apr, 2019 12:00am

Need stressed for girls' education and gender equality

Pakistan has the second largest number of out-of-school girls. Low indicators for girls' education are reflected in the overall low metrics for women's life expectancy that is 68.2 years, health (MMR: 178/1000) and women labour force participation (24 per

Published 01 Apr, 2019 12:00am

Markets

LSE moot underscores need for promoting quality education

Leading Pakistani businessman and philanthropist Syed Babar Ali said on Thursday that Pakistan should focus on reducing population growth, promotion of quality education and improving Pakistan's agriculture competitiveness to harness the country's future

Published 29 Mar, 2019 12:00am

Bold steps need of the hour to address economic challenges: Dr Shahid

Rector, Lahore School of Economics Dr Shahid Amjad Chaudhry said on Wednesday that to address the economic challenges Pakistan needs to introduce measures to boost revenue, contain the current account deficit and revive economic growth.

Published 28 Mar, 2019 12:00am

Punjab public sector's Universities: process of appointing VCs progresses at a snails's pace

The process of appointments of permanent vice chancellors of universities of Punjab and chairperson Punjab Higher Education Commission has not entered in to the final stage. According to the sources the last date of applying for the post of 12 vice chance

Published 25 Mar, 2019 12:00am

Level playing field demands deregulation of LNG sector

Noted businessman and Chairman Associated Group Iqbal Z Ahmed suggested that the government should ensure continued support to LNG sector and deregulate the sector for a level playing field. "There are many loopholes and the private sector's role in LNG h

Published 24 Mar, 2019 12:00am

Punjab Assembly adopts Aab-e-Pak Authority Bill

The Punjab Assembly on Thursday passed Punjab Aab-e-Pak Authority Bill 2019 with majority. All the amendments of the opposition were rejected. The opposition showed their reservation on making Governor Punjab Chaudhry Muhammad Sarwar as patron in chief of

Published 15 Mar, 2019 12:00am

Punjab PA adopts bill to raise MPAs' salaries from Rs 83,000 to Rs 0.2 million

Punjab Assembly unanimously passed a private bill seeking raise in salaries of MAPs on Wednesday. The bill was approved by the legislators few hours after it was presented in the House. It was brought for approval after receiving consent from the standing

Published 14 Mar, 2019 12:00am

Punjab Assembly recommends awards for pilots who downed IAF's planes

The Punjab Assembly on Tuesday unanimously passed a resolution to award medals to Squadron Leader Hassan Siddiqui and Wing Commander Nauman Ali Khan for shooting down two Indian warplanes for intruding into Pakistan's airspace.

Published 13 Mar, 2019 12:00am

Debate in Punjab Assembly: budget 2019-20 will focus on development: minister

Finance Minister Punjab Makhdoom Hashim Jawan Bakht said on Monday that 2019-20 budget will focus on development while the 2018-19 budget was a corrective budget. The Minister said this while opening the pre-budget debate in the Punjab Assembly. He said f

Published 12 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

The hot words were exchanged on Friday between PML-N and PTI lawmakers in Punjab Assembly on the issue of corruption in the Solid Waste Management Companies. The hot words were exchanged between Industries Minister Mian Aslam Iqbal and PML-N MPA Malik Ahm

Published 09 Mar, 2019 12:00am

Solid Waste Management Companies: Minister slams PML-N former government over corruption

Published 09 Mar, 2019 12:00am

Anti-Hindus remarks: Opposition walks out in Punjab Assembly against Chohan's statement

The opposition walked out in Punjab Assembly on Tuesday against the use of derogatory language by Information Minister Fayaz-ul-Hasan Chohan against Hindus. They also demanded the resignation of the minister.

Published 06 Mar, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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