News stories for Dr Omer Javed

Prices determine the level of affordability for consumers, and work as an incentive for producers. Market imperfections deter goods, commodities and services from reaching true price signals. Given these imperfections, governments need to intervene in mar

Published 17 Jan, 2020 12:00am

Opinion

Commercializing Pakistan Railways - II

A 'line-of-business' structure is generally adopted by commercial railways to align markets in the rail industry towards achieving utmost customer- both passenger and freight related- satisfaction. Under this structure, while there may be one organization

Published 10 Jan, 2020 12:00am

Opinion

Commercializing Pakistan Railways - I

Pakistan Railways (PR), a State-Owned Enterprise (SOE) under the Ministry of Railways (MoR), which has been working as a natural monopoly has not been able to pay adequate attention to improving its service for consumers - passengers and freight - for the

Published 03 Jan, 2020 12:00am

Opinion

Conflict in IMF programme

The report on the first review of the Extended Fund Facility (EFF) programme was launched by International Monetary Fund (IMF) recently, through which it expressed its satisfaction with the progress of the programme; releasing in turn a tranche to Pakista

Updated 27 Dec, 2019 09:02am

Opinion

A regulatory framework for Pakistan Railways - III

Regulation is basically done through tools called 'regulatory instruments' where it is essential that proper mandate in this regard is provided in the underlying legislation that establishes the regulator of railways. The mandate should be in the shape of

Updated 20 Dec, 2019 05:24am

Opinion

A regulatory framework for Pakistan Railways - II

Pakistan Railways (PR) has been working more or less like a monopoly with very little participation of private sector. Hence, there is very little competition being faced by PR. In these circumstances, it should be the responsibility of the proposed Econo

Published 13 Dec, 2019 12:00am

Opinion

A regulatory framework for Pakistan Railways - I

Pakistan Railways (PR) is a state-owned enterprise (SOE) under the Ministry of Railways (MoR). While up till the 1970s it operated as the main mode of transportation, both in terms of freight and passenger transport, but over the years since then, its det

Updated 06 Dec, 2019 07:19am

Opinion

Approaching optimal SEZs - II

Pakistan is indeed fortunate to be a part of one of the main projects in the shape of CPEC (China Pakistan Economic Corridor) under the overall Belt and Road Initiative (BRI); especially in terms of evolving special economic zones (SEZs). This is because

Updated 22 Nov, 2019 06:29am

Opinion

Approaching optimal SEZs - I

The government intends to pick up the pace on Special Economic Zones (SEZs). This indeed is important for infusing energy into the lacklustre performance of both large-scale manufacturing and the stubbornly low and undiversified exports. Moreover, this wi

Published 15 Nov, 2019 12:00am

Opinion

Doing business report and beyond - III

Individual aspects of the Index for 2019 highlight, among other things, that within rule of law, all three factors - property rights (with score 41.5, where all scores are graded on a scale of 0 to100; representing a situation of completely unfree and tot

Updated 14 Nov, 2019 09:01am

Opinion

Doing business report and beyond - II

Unlike the Doing Business Report of the World Bank, which primarily focuses on business regulations, the report, 'Index of Economic Freedom', produced by the Heritage Foundation, estimates the overall economic freedom index (EFI) of a country, covering mu

Updated 08 Nov, 2019 08:51am

Opinion

Doing business report and beyond - I

The World Bank launched its annual flagship 'Doing Business 2020' report, 17th edition in the series, which compares/ranks 190 economies in terms of 'ease of doing business', covering data up to May 1, 2019; broadly across 12 business regulations with sub

Published 01 Nov, 2019 12:00am

Opinion

IMF's flagship economic surveys and Pakistan

Recently, two flagship surveys were released by the International Monetary Fund (IMF). Firstly, the World Economic Outlook (WEO) which usually appears in April and September/October. It presents IMF staff economists' analyses of global economic developmen

Updated 25 Oct, 2019 07:03am

Opinion

Global Competitiveness Report and Pakistan - II

While Pakistan dropped three places from its 2018 GCI (Global Competitiveness Index) ranking of 107th to 110th, the region of South Asia (SA) as a whole could only improve its median competitiveness performance by 0.08% - the least improvement for any reg

Updated 18 Oct, 2019 05:29am

Opinion

Global Competitiveness Report and Pakistan - I

The World Economic Forum (WEF) has launched the 2019 edition of the Global Competitiveness Report (GCR). The Report was first launched in 1979; its current edition analyzes the performance of 141 countries which, according to the Report, constitutes about

Updated 11 Oct, 2019 05:04am

Markets

Reforming SOEs in Pakistan - III

Here, it may also be indicated that the same EFF document indicates that Pakistan intends 'jumpstarting the privatisation process', but no details have been indicated as to whether the country will take the route of the so-called 'golden age of privatisat

Published 06 Oct, 2019 12:00am

Markets

Reforming SOEs in Pakistan - II

Ownership is an important aspect of management of SOEs (state-owned enterprises or public sector companies (PSCs) in the case of Pakistan). In the context of SOEs, state is the ultimate owner, and its ownership policy should clearly identify first of all

Updated 04 Oct, 2019 05:49am

Markets

Brewing oil crisis: what should be our policy response?

The enormity of the attacks on Saudi Arabia's oil installations could be gauged from two key facts: a) according to Bloomberg, 'Brent futures rising 19% in the matter of seconds at the open on Monday [September 16- the first day the markets opened after t

Updated 20 Sep, 2019 07:11am

Markets

Reforming SOEs in Pakistan

The state-owned enterprises (SOEs) are defined in Pakistan under the (Corporate Governance) Public Sectors Companies' Rules (PSC Rules, 2013) as those companies where government exercises either direct or indirect beneficiary control or ownership, whereby

Updated 13 Sep, 2019 07:54am

Markets

Managing growth with Stabilization

The prime minister recently met some leading businessmen to understand ways in which the economy could be put on a growth trajectory, while the government continues to deal with the issue of twin deficit- high percentage of current and fiscal account defi

Published 06 Sep, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular