News Archives for Print - 2023-11-09

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Print - 2023-11-09

14th LCCI Recognition Ceremony 2023: Muhammad Arshad CEO Sadiq Gelatin

TEXT: Sadiq Gelatin Industries (Private) Limited is Pakistan’s largest manufacturer of Halal Gelatin for...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Naveed Rafique Director, Popular Pipes Group

TEXT: Popular Pipes Group is the largest manufacturer of domestic and industrial pipesin Pakistan with largest ...

Published 09 Nov, 2023 05:38am

Congratulations to the High Achievers Sh. Muhammad Tahir Anjum CEO, SIX B Food Industries

TEXT: Six-B Food Industries (P) ltd was established in 1985 with a success story spanningover three decades. The...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Shahid Khalil Secretary General LCCI

TEXT: As the Secretary General of the LahoreChamber of Commerce and Industry(LCCI), I am honored to welcome you ...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Haroon Arora Convener LCCI

TEXT: It is with great pride and pleasure that I extend a warm welcome to all attendees andparticipants of the 14th...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Adnan Khalid Butt Vice PresidentLCCI

TEXT: As we come together at the distinguishedPresident House in Islamabad for theLahore Chamber of Commerce...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Zafar Mehmood Ch Senior Vice President LCCI

TEXT: Lahore Chamber of Commerce andIndustry’s (LCCI) Achievement RecognitionCeremony, we pay tribute to the...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Kashif Anwar President LCCI

TEXT: It is with great pride and gratitude that Iwelcome you to the annual Lahore Chamber ofCommerce and Industry...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Dr. Arif Alvi President of the IslamicRepublic of Pakistan

TEXT: I am honored to convey my heartfelt appreciationfor the Lahore Chamber of Commerce and Industry(LCCI) as they...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Shehzada Muhammad Gulfam Winlet pharmaceutical

TEXT: Winlet Pharmaceuticals founded in 2019 has emerged inthe world of today as a well known dynamic...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Dr. Qurat Irfan CEO Pacific Pharmaceuticals

TEXT: Pacific Pharmaceuticals is the first MHRA-UK and EU-GMP approved facility in Pakistan.It is a branded generic...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Malik Abdul Rashid CEO Co-Build

TEXT: The Group (“CO BUILD”) was established in 1971 and isone of the largest business groups in Pakistan....

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Mirza Muhammad Junaid Afzal CEO

TEXT: They started in 2017 as an independent, technology oriented enterprise with integratingR&D, manufacturing,...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Sheikh Asif Mehmood Director, Vital Foods

TEXT: Vital Foods (Pvt) Ltd is one of the leading Basmati Rice exporters of Pakistan.They have grown into an...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Dr. Khalid Hameed CEO

TEXT: Tara Group Pakistan is one of the prominent organizations in agriculture sector of Pakistan. Tara Group’s...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Abdul Hai Khatri Director, Ittehad Chemicals

TEXT: Ittehad Chemicals Limited (the “ICL”) is a public company incorporated under theCompanies Ordinance 1984...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Shahzad Ali Malik Chief Executive

TEXT: Realizing the importance of private seed rese arch, Guard Agricultural Research a Services was established in...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Raja Abdul Raheem MD Impressive Bio Pharma

TEXT: Impressive is an emerging Pharma distributorthat has been serving in healthcare segmentsince 2010 and ...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: M. Ehtisham Rashid CEO, Fine Package

TEXT: Fine Packages (Pvt) Ltd is one of theleading and fastest growing Printing &Packaging companies in...

Published 09 Nov, 2023 05:38am

The Weather

KARACHI: The weather report on Wednesday (November 08, 2023) and the forecast for Thursday (November 09, 2023)...

Published 09 Nov, 2023 05:38am

CM directs health dept to improve performance

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar presiding over a meeting of the health...

Published 09 Nov, 2023 05:38am

Former minister sent to 14-day judicial remand

ISLAMABAD: A local court on Wednesday dismissed a police request to extend former federal minister Fawad ...

Published 09 Nov, 2023 05:38am

‘Use of AI for monitoring saving 2000 litres of fuel each month’

LAHORE: Lahore Waste Management Company (LWMC) Chief Executive Officer Babar Sahib Din has said that through the use...

Published 09 Nov, 2023 05:38am

PM, ECO SG discuss Kashmir, ME situation

TASHKENT: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday held a meeting with Secretary General of ...

Published 09 Nov, 2023 05:38am

T20 tri-series: Pakistan Women-A defeat West Indies to win final

LAHORE: Pakistan Women-A defeated West Indies Women-A by eight wickets to win the final of the T20 tri-series held...

Published 09 Nov, 2023 05:38am

Minister for expediting climate-resilient projects

ISLAMABAD: Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed directed...

Published 09 Nov, 2023 05:38am

LHC announces holiday on Friday

LAHORE: The Lahore High Court (LHC) announced a public holiday on Friday in Lahore and seven other districts of the...

Published 09 Nov, 2023 05:38am

14th LCCI Recognition Ceremony 2023: Amin Ullah CEO

TEXT: Haji Muhammad Rice & Processing Mills are one of the prominent riceprocessing mills engaged in the ...

Published 09 Nov, 2023 05:38am

KP Govt to continue crackdown against illegal spectrum

PESHAWAR: The Provincial Apex Committee of Khyber Pakhtunkhwa has decided to continue crackdown against the illegal...

Published 09 Nov, 2023 05:38am

Govt ready to rollout policy draft for carbon credits trading

ISLAMABAD: A parliamentary panel was informed on Wednesday that the Climate Change Ministry is set to rollout the...

Published 09 Nov, 2023 05:38am

Minister not satisfied with performance of DCs

HYDERABAD: Caretaker Sindh Minister for Revenue and Industries & Commerce Mohammad Younus Dagha has expressed ...

Published 09 Nov, 2023 05:38am

Why our exports still struggle to get meaningful boost?—I

Many of us wonder why the Pakistani rupee is trading at 284 against one USD. A number of reasons are presented for...

Published 09 Nov, 2023 05:38am

Book on country’s nuclear deterrence, diplomacy launched

KARACHI: The Institute of Business Management’s Global and Regional Studies Centre (GRSC) in collaboration with ...

Published 09 Nov, 2023 05:38am

Letters

The US is main culprit

Pakistan has taken the right step by joining the Muslim world in strongly condemning the Israeli minister’s...

Published 09 Nov, 2023 05:38am

The menace of overloading and its adverse impact on our motorways

Pakistan’s has made steady progress in investing and developing its motorways across the country. This was a major...

Published 09 Nov, 2023 05:38am

Horrors of Yemen, the forgotten war

This week’s column is an embarrassed response to a riveting reader’s comment from last week, where I lamented...

Published 09 Nov, 2023 05:38am

PTI submits ‘charter of demands’ to ECP

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has presented a 24-point charter of demands before Election Commission of...

Published 09 Nov, 2023 05:38am

Parallels drawn between New York City and Karachi

KARACHI: Deputy Speaker of New York State Assembly Phil Ramos, while recognising ‘Karachi as a New York City of...

Published 09 Nov, 2023 05:38am

PPP demands a ‘level playing field’

KARACHI: Information Secretary of Pakistan Peoples Party (PPP) Shazia Marri on Wednesday demanded a ‘level playing...

Published 09 Nov, 2023 05:38am

Jail official requests court to reject IK’s plea

ISLAMABAD: The Adiala Jail superintendent requested the special court hearing Pakistan Tehreek-e-Insaf (PTI) ...

Published 09 Nov, 2023 05:38am

CJP explains what does not constitute legal proceedings

ISLAMABAD: The Supreme Court ruled that the proceeding conducted by former chief justice of Pakistan Saqib Nisar in...

Published 09 Nov, 2023 05:38am

PTI forms ‘political engagement’ body ahead of elections

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Wednesday constituted a five-member political engagement committee to...

Published 09 Nov, 2023 05:38am

Women should join workforce for betterment of society: Alvi

ISLAMABAD: President Dr Arif Alvi has emphasized that women should join the workforce after completion of education...

Published 09 Nov, 2023 05:38am

Bilawal says will win polls with or without a level playing field

KARACHI: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari claimed on Wednesday that his political...

Published 09 Nov, 2023 05:38am

SC orders survey of Bahria Town Karachi land

ISLAMABAD: The Supreme Court directed the Sindh government and the Malir Development Authority (MDA) to survey the...

Published 09 Nov, 2023 05:38am

PM says expulsion of Afghans a response to Taliban non-cooperation

ISLAMABAD: Pakistan said on Wednesday that its move to expel hundreds of thousands of undocumented Afghans was a...

Published 09 Nov, 2023 05:38am

Letter to prime minister: President seeks a level playing field for PTI

ISLAMABAD: President Dr Arif Alvi wrote a letter to Caretaker Prime Minister Anwaar-ul-Haq Kakar to convey the...

Published 09 Nov, 2023 05:38am

Karachi kids march against Gaza genocide

KARACHI: A ‘Palestine unity march’ of schoolchildren taking was staged here Wednesday to condemn the Israeli...

Published 09 Nov, 2023 05:38am

Court grants Khadija Shah post-arrest bail

LAHORE: A sessions court on Wednesday granted post-arrest bail to Khadija Shah in a cyber crime case of posting...

Published 09 Nov, 2023 05:38am

Bhatti discharged in illegal appointment case

LAHORE: A judicial magistrate on Wednesday discharged former secretary of Punjab Assembly Muhammad Khan Bhatti, in a...

Published 09 Nov, 2023 05:38am

Wapda chief orders River Swat diversion

LAHORE: Re-emphasizing the timely completion of the diversion system, Chairman Wapda Engr Lt Gen Sajjad Ghani (r) ...

Published 09 Nov, 2023 05:38am

Nawaz to visit Balochistan, KPK next week

LAHORE: Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif started active politics as he held a meeting of ...

Published 09 Nov, 2023 05:38am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ...

Published 09 Nov, 2023 05:38am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 08, 2023). ====================================...

Published 09 Nov, 2023 05:38am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 08, 2023)....

Published 09 Nov, 2023 05:38am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (November 08, 2023). ======================== Open ...

Published 09 Nov, 2023 05:38am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (November 08, 2023). ========================== ...

Published 09 Nov, 2023 05:38am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 09 Nov, 2023 05:38am

Energy

29th ATC, Exhibition of Oil & Gas Companies concludes

ISLAMABAD: The two-day-long 29th Annual Technical Conference (ATC) and Exhibition of Oil and Gas Companies arranged...

Published 09 Nov, 2023 05:38am

Commodities

Gold prices lower

KARACHI: Gold prices on Wednesday continued to post a slight fall on the local market, traders said. They dropped ...

Published 09 Nov, 2023 05:38am

Energy

Nepra grants transmission licence to Punjab Grid Company Ltd

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has granted transmission licence to Punjab Grid...

Published 09 Nov, 2023 05:38am

Energy

World Bank -funded Sindh solar energy project remains delayed

ISLAMABAD: The implementation of the Sindh solar energy project funded by the World Bank remains delayed with the...

Published 09 Nov, 2023 05:38am

Commodities

Sugar crushing season to start on 20th: Punjab fixes wheat support price at Rs4,000 per maund

LAHORE: The Punjab government has fixed the support price of wheat for the ongoing season at Rs 4000 per maund while...

Published 09 Nov, 2023 05:38am

Energy

NTDC says ‘brain drain’ exacting a toll on network operations

ISLAMABAD: National Transmission and Despatch Company (NTDC) is reportedly facing brain drain due to which National...

Published 09 Nov, 2023 05:38am

Stocks

China stocks fall amid global rate concerns

SHANGHAI: China stocks closed down on Wednesday, tracking weaker regional peers on concerns of global rates...

Published 09 Nov, 2023 05:38am

Rates

Index hits new record high of 54,261 points

KARACHI: Pakistan Stock Exchange on Wednesday witnessed a bullish trend and closed at highest ever level in its...

Published 09 Nov, 2023 05:38am

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

Insulating IPPs from úndue’ deductions: OICCI urges Nepra to amend its rules

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged National Electric Power Regulatory...

Updated 09 Nov, 2023 03:52pm

Stocks

Energy stocks boost Indian blue-chips; financials

BENGALURU: Indian shares ended higher on Wednesday, helped by stronger energy stocks on the back of falling oil...

Published 09 Nov, 2023 05:38am

FCA for Sep 23: Nepra allows Discos Re0.4/unit tariff hike

ISLAMABAD; National Electric Power Regulatory Authority (Nepra) has notified positive adjustment of Paisa 40 per...

Updated 09 Nov, 2023 10:20am

Trade snags will be removed, Kenyan HC tells rice exporters

KARACHI: High Commissioner of Kenya Nyambura Kamau Wednesday assured rice exporters of removing the bottlenecks in...

Updated 09 Nov, 2023 10:19am

Goods transporters, oil tanker owners: SRB directs 57 cos to add new category to SST profiles

KARACHI: The Sindh Revenue Board (SRB) has directed 57 intercity goods transporters and oil tanker owners to add...

Updated 09 Nov, 2023 10:26am

Stocks

Won in spotlight as S Korea opens onshore trading

BENGALURU: The won rose on Wednesday after South Korea said it would open currency markets to overseas traders,...

Published 09 Nov, 2023 05:38am

Stocks

Wall St slips as investors assess central bank comments

NEW YORK: Wall Street’s main indexes slipped on Wednesday as investors parsed earnings reports and comments from...

Published 09 Nov, 2023 05:38am

Stocks

European shares rise on strong earnings

PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while...

Published 09 Nov, 2023 05:38am

Taxes

Raid at office of private housing society: PRA unearths tax evasion worth billions of rupees

LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has unearthed tax evasion worth billions of...

Published 09 Nov, 2023 05:38am

SECP proposes insurance cos issuing subordinated debt

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed the issuance of subordinated debt...

Published 09 Nov, 2023 05:38am

Industry

Kenyan HC meets TDAP’s chief executive

KARACHI: The High Commissioner of Kenya to Pakistan Nyambura Kamau, undertook an official visit to the office of the...

Published 09 Nov, 2023 05:38am

Companies

Chenab Limited rises with HBL’s support

KARACHI: Chenab Limited is now on its way to achieving its lost glory. Chenab was once Pakistan’s largest exporter...

Published 09 Nov, 2023 05:38am

Industry

PRGMEA North Zone’s chairman Ahmad Hanif assumes office

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) North Zone’s new...

Published 09 Nov, 2023 05:38am

Companies

Agha Steel to supply steel for eco-friendly structures of Hamdard

KARACHI: Agha Steel to supply 100 percent refined steel rebars, produced using Green Electric Arc Furnace ...

Published 09 Nov, 2023 05:38am

MSCI Semi-Annual Index Review: Pakistan’s weight expected to increase: Topline

KARACHI: The addition of a few securities to the MSCI Standard Index is expected in the MSCI Semi-Annual Review...

Published 09 Nov, 2023 05:38am

Punjab CM announces establishment of ‘Business Facilitation Centre’

KARACHI: In a significant development aimed at bolstering the industrial sector and economic stability, Chief...

Published 09 Nov, 2023 05:38am

Money & Banking

Dollar continues recovery from selloff

NEW YORK: The dollar gained for a third day on Wednesday as it continued to recover from a sharp selloff last week ...

Published 09 Nov, 2023 05:38am

Industry

Ramos proposes steps aimed at increased cooperation with FPCCI

KARACHI: Philip Ramos, Deputy Speaker of the New York State Assembly, announced a number of proposed measures aimed...

Published 09 Nov, 2023 05:38am

Money & Banking

Al Baraka Bank hosts dinner for bank’s brand ambassador

KARACHI: Al Baraka Bank (Pakistan) Limited hosted a dinner at the Peshawar Club on November 03, to celebrate the ...

Published 09 Nov, 2023 05:38am

World on edge

EDITORIAL: The war of attrition in Ukraine and the shameless, torturous genocide in Gaza have exposed, perhaps...

Published 09 Nov, 2023 05:38am

One big reason for food inflation

EDITORIAL: The National Price Monitoring Committee’s (NPMC’s) revelation of a 40 percent differential in...

Published 09 Nov, 2023 05:38am

Energy

Industry

Postmaster General Central Punjab visits FCCI

FAISALABAD: Pakistan Post could provide efficient, reliable and cost-effective courier services to the business...

Published 09 Nov, 2023 05:38am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
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 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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