News Archives for Print - 2025-01-11

Print - 2025-01-11

Revenue monitoring: Dashboard to be developed for transparency

LAHORE: In collaboration with the Punjab Information Technology Board (PITB), the Punjab Excise and Taxation...

Published 11 Jan, 2025 02:48am

SAFA Conference: SAMIULLAH SIDDIQUI, FCA Council Member & Chairman, Organizing Committee SAFA Conference

TEXT: I am honored to welcome you to the SAFA Conference 2025, proudly hosted by the Institute of Chartered...

Published 11 Jan, 2025 02:48am

SAFA Conference: AKIF SAEED Chairman, Securities & Exchange Commission of Pakistan (SECP)

TEXT: I would like to extend my heartiest congratulations to the South Asian Federation of Accountants (SAFA) and ...

Published 11 Jan, 2025 02:48am

SAFA Conference: JEAN BOUQUOT President, The International Federation of Accountants (IFAC)

TEXT: It is my great pleasure to extend warm greetings to the delegates of the SAFA Conference 2025, being held in...

Published 11 Jan, 2025 02:48am

SAFA Conference: FARRUKH REHMAN, FCA President, ICAP

TEXT: It is with great pride that the Institute of Chartered Accountants of Pakistan (ICAP) welcomes the delegates...

Published 11 Jan, 2025 02:48am

SAFA Conference: ASHFAQ YOUSUF TOLA, FCA President, SAFA, Former Minister of State of Pakistan, Former President ICAP

TEXT: It is my distinct honour to welcome you to the SAFA Conference 2025, themed “South Asia’s Economic ...

Published 11 Jan, 2025 02:48am

SAFA Conference: MUHAMMAD AURANGZAIB Federal Minister for Finance and Revenue, Pakistan

TEXT: I extend my heartfelt congratulations to the Institute of Chartered Accountants of Pakistan (ICAP) and South...

Published 11 Jan, 2025 02:48am

SAFA Conference: MUHAMMAD ISHAQ DAR Deputy Prime Minister & the Foreign Minister of Pakistan

TEXT: It is a matter of immense pride for Pakistan to host the SAFA Conference on “South Asia’s Economic ...

Published 11 Jan, 2025 02:48am

Property deals: WHT cut agreed in principle by FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has agreed, in-principle, for reducing withholding...

Published 11 Jan, 2025 02:48am

SIFC directs Pak-Afghan Chamber to meet, ease trade curbs

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Pakistan–Afghanistan Joint Chamber...

Published 11 Jan, 2025 02:48am

Thousands of armed militia in Iran march against ‘threats’

TEHRAN: Thousands of fighters linked to Iran’s Islamic Revolutionary Guard Corps paraded with heavy weapons and...

Published 11 Jan, 2025 02:48am

US, Britain unveil sanctions against Russia’s energy sector

WASHINGTON: The United States and Britain on Friday announced sanctions against Russia’s energy sector, including...

Published 11 Jan, 2025 02:48am

South Asia

India names Diageo, Sequoia Capital in case alleging suspicious payments

NEW DELHI: India’s federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making...

Published 11 Jan, 2025 02:48am

Imported LNG: Prices raised for SSGC consumers, cut for SNGPL consumers

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Friday raised the imported LNG prices for Sui Southern Gas...

Published 11 Jan, 2025 02:48am

Inzamam, Misbah, Mushtaq Mohammad & Saeed Anwar included: PCB announces Hall of Fame inductions for 2024

LAHORE: Former cricket greats Inzamam-ul-Haq, Misbah-ul-Haq, Mushtaq Mohammad and Saeed Anwar have been named in the...

Published 11 Jan, 2025 02:48am

SAFA CONFERENCE TITLED ‘SOUTH ASIA’S ECONOMIC OUTLOOK: CHALLENGES & OPPORTUNITIES’

TEXT: The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with the South Asian Federation of...

Published 11 Jan, 2025 02:48am

Changing political dynamics in S. Asia

Driven by rejuvenated public sentiments for a change, the Bangladesh’s incumbent government is gradually but...

Published 11 Jan, 2025 02:48am

Human trafficking

EDITORIAL: It seems last December’s tragedy — when dozens of Pakistanis drowned off the coast of Greece as they...

Published 11 Jan, 2025 02:48am

Textile exports: successes and challenges

EDITORIAL: The 10 percent year-on-year growth in textile exports in H1-FY2024-25 is welcome news for an economy ...

Published 11 Jan, 2025 02:48am

ESUP organises poetry recitation competition at SZABIST

KARACHI: The English Speaking Union of Pakistan organized a poetry recitation competition on 9th January, 2025, at...

Published 11 Jan, 2025 02:48am

President pays tribute to forces

ISLAMABAD: President Asif Ali Zardari paid tribute to the security forces for killing five terrorists during the...

Published 11 Jan, 2025 02:48am

Two INGOs: Ministry lauded for halting operations

ISLAMABAD: Muhammad Amin, Chairman of Fair Trade in Tobacco, has lauded Ministry of Interior for its action in...

Published 11 Jan, 2025 02:48am

Blome set to depart today after completing tenure

ISLAMABAD: Ambassador of the United States (US) Donald Blome is set to depart Pakistan today (Saturday) after...

Published 11 Jan, 2025 02:48am

Pipri Dedicated Freight Corridor on the cards

ISLAMABAD: Pakistan Railways is set to decongest Karachi and enhance road safety with the Karachi port through Pipri...

Published 11 Jan, 2025 02:48am

Jammu and Kashmir dispute: PM hails OIC support for resolution

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday expressed his gratitude to Organization of Islamic Cooperation...

Published 11 Jan, 2025 02:48am

Production sector: Govt urged to adopt cleaner energy alternatives

KARACHI: The government should explore cleaner alternative energy options for production as the greenhouse gas...

Published 11 Jan, 2025 02:48am

PTI will move global rights bodies against violation of rights: IK

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Friday, said that his...

Published 11 Jan, 2025 02:48am

The Weather

KARACHI: The weather report on Friday (January 10, 2025) and the forecast for Saturday (January 11, 2025)...

Published 11 Jan, 2025 02:48am

Rates

Bulls take charge

KARACHI: Pakistan Stock Exchange on Friday witnessed a mixed trend and after moving in both directions, closed on a...

Published 11 Jan, 2025 02:48am

12 miners feared trapped in Quetta coalmine collapse

ISLAMABAD: A devastating gas explosion rocked a coal mine in the Spin Karez area of Quetta’s Sanjdi district,...

Published 11 Jan, 2025 02:48am

Girls’ hostel in Multan: Maryam lays foundation stone

LAHORE: Chief Minister Punjab Maryam Nawaz reached Multan University of Science and Technology (MUST) to lay...

Published 11 Jan, 2025 02:48am

‘Only Nine out of 44 sports’ federations’ accounts audited’

ISLAMABAD: Briefing the National Assembly Standing Committee on Inter-Provincial Coordination (IPC), the Pakistan...

Published 11 Jan, 2025 02:48am

Largest taxpaying city remains neglected: JI

KARACHI: Despite being the largest taxpaying city in the country, Karachi remains neglected in terms of...

Published 11 Jan, 2025 02:48am

KE removes over 301 connections weighing 480kgs in Baldia

KARACHI: K-Electric (KE), in collaboration with the law enforcement agencies, continues its crackdown against...

Published 11 Jan, 2025 02:48am

ECP enlists Khaqan’s political party

ISLAMABAD: The Election Commission of Pakistan (ECP) has enlisted Awaam Pakistan as a political party under the...

Published 11 Jan, 2025 02:48am

Punjab Assembly: Three significant amendment bills introduced

LAHORE: Punjab Law Minister Malik Sohaib Ahmed Bherth on Friday has introduced three significant amendment bills in...

Published 11 Jan, 2025 02:48am

CM inaugurates Pak-Turk Maarif School & College

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif inaugurated Pak-Turk Maarif International School & College in...

Published 11 Jan, 2025 02:48am

The art of living in community

Karachi after Partition did not have the vertical inclination that dominates its landscape today. Residential...

Published 11 Jan, 2025 02:48am

Stocks

Most Asian stocks retreat ahead of US jobs data, currencies steady

BENGALURU: Most Asian equities declined on Friday, while currencies held steady, as investors remained cautious ...

Published 11 Jan, 2025 02:48am

Stocks

Wall St drops after payrolls data; small-cap index set to confirm correction

NEW YORK: Wall Street’s main indexes fell on Friday, with the S&P 500 touching a one-week low after an upbeat...

Published 11 Jan, 2025 02:48am

Stocks

European shares dip as bond yields rise ahead of US jobs data

FRANKFURT: European shares edged lower on Friday, as elevated government bond yields weighed on stocks, with...

Published 11 Jan, 2025 02:48am

Stocks

China, HK stocks drop as investors await fresh stimulus

SHANGHAI: China and Hong Kong stocks dropped on Friday, as traders held off on increasing their market investments...

Published 11 Jan, 2025 02:48am

Stocks

Indian shares log weekly losses as earnings worries overshadow IT gains

NEW DELHI: Indian bluechip indexes fell on Friday and logged weekly losses on worries about corporate earnings, ...

Published 11 Jan, 2025 02:48am

May 9 incidents: Only those whose presence proven tried by military courts: AAG

ISLAMABAD: The Supreme Court was informed that 5,000 individuals were implicated in the events of May 9, but only...

Published 11 Jan, 2025 02:48am

PM appreciates growth in workers’ remittances

ISLAMABAD: As opposition Pakistan Tehreek-e-Insaf’s (PTI) movement to halt foreign remittances looms large, Prime...

Published 11 Jan, 2025 02:48am

November 26 protest: ATC grants bail to 153 PTI workers

ISLAMABAD: The Anti-Terrorism Court (ATC) has granted bail to 153 Pakistan Tehreek-e-Insaf (PTI) workers who were...

Published 11 Jan, 2025 02:48am

Punjab leading all provinces in good governance: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that Maryam Nawaz will treat political dwarfs and...

Published 11 Jan, 2025 02:48am

Malala to visit Islamabad for girls’ summit

ISLAMABAD: Nobel Peace Prize Laureate Malala Yousafzai will attend an international summit on girls’ education...

Published 11 Jan, 2025 02:48am

Financial technology and the promise of an interest-free Pakistan

With the passage of the 26th Constitutional Amendment Bill, 2024, Pakistan has set an ambitious deadline of...

Published 11 Jan, 2025 02:48am

Letters

‘New century, new Great Game?’

This is apropos a Business Recorder op-ed “New century, new Great Game” carried by the newspaper on Thursday. ...

Published 11 Jan, 2025 02:48am

PARTLY FACETIOUS: Maryam and Ivanka

“I hear The Man Who Must Remain Nameless and Faceless has refused the Nawaz Sharif formula.” “Negotiations...

Published 11 Jan, 2025 02:48am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (January 10, 2025). ========================== KIBOR...

Published 11 Jan, 2025 02:48am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 10, 2025)....

Published 11 Jan, 2025 02:48am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (January 10, 2025). ==================================== BR...

Published 11 Jan, 2025 02:48am

MPC meetings: SBP unveils half-yearly schedule

KARACHI: The State Bank of Pakistan (SBP) has announced a half-yearly schedule of Monetary Policy Committee (MPC)...

Published 11 Jan, 2025 02:48am

Weekly SPI inflation down 0.65pc

ISLAMABAD: The Sensitive Price Index-based inflation for the week ended January 9, 2025, decreased by 0.65 per cent...

Published 11 Jan, 2025 02:48am

PM urges swift disposal of revenue collection cases

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed the concerned authorities to appoint competent officials...

Published 11 Jan, 2025 02:48am

Projects facing issues: Jam faces queries from Korean investors

ISLAMABAD: Korean investors are said to have raised questions to the visiting Pakistani Commerce Minister Jam Kamal...

Published 11 Jan, 2025 02:48am

H1 remittances soar 33pc to $17.845bn YoY

KARACHI: Inflows of home remittances remained strong, rising by 33 percent during the first half of the current...

Published 11 Jan, 2025 02:48am

Peak demand supply for 5 years: SEZs to be mandated to ink PPAAs with Discos

ISLAMABAD: The government is to make it mandatory for Special Economic Zones (SEZs) to sign Power Purchase Agency...

Published 11 Jan, 2025 02:48am

PRA to expand single sales tax return

LAHORE: In a bid to facilitate taxpayers, the Punjab Revenue Authority (PRA) has taken a significant step to expand...

Published 11 Jan, 2025 02:48am

Case against PEL: FHL seeks PD’s support in enforcing SICC ruling

ISLAMABAD: Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has requested assistance from the...

Published 11 Jan, 2025 02:48am

Dual nationality: Senate panel recommends across-the-board ban

ISLAMABAD: The members of the Senate Standing Committee on Cabinet Secretariat recommended that the ban on dual...

Published 11 Jan, 2025 02:48am

Industry

12th Wexnet 2025 begins

LAHORE: The 12th Wexnet 2025, Pakistan’s largest women entrepreneurs’ exhibition commenced Friday at the Lahore...

Published 11 Jan, 2025 02:48am

Universities without regular VCs

EDITORIAL: Thanks to our decision-makers’ insatiable desire to control everything, too many public sector...

Published 11 Jan, 2025 02:48am

Money & Banking

Dollar gains extend ahead of US jobs reading

SINGAPORE: The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned ...

Published 11 Jan, 2025 02:48am

Companies

Vivo mobile phone company: Construction of manufacturing plant begins at Faisalabad

FAISALABAD: The results of the visit of the Provincial Minister of Industry and Commerce Chaudhry Shafay Hussain to...

Published 11 Jan, 2025 02:48am

Industry

Safeguarding data a major concern for businesses: Kaspersky

ISLAMABAD: A leading cybersecurity firm Friday disclosed that the data protection is a major business concern of...

Published 11 Jan, 2025 02:48am

Türkiye co keen to increase business-to-business activities

ISLAMABAD: Chairperson of Türkiye Airline Pegasus and business organisation Hitit Nur Gokman called on Federal...

Published 11 Jan, 2025 02:48am

Cotton & Textile

Cotton market: Trading volume remains moderate

LAHORE: The local cotton market on Friday remained tight and the trading volume remained moderate. Cotton Analyst...

Published 11 Jan, 2025 02:48am

Trade curbs continue to stifle South Asian economies: Dar

KARACHI: Deputy Prime Minister and Foreign Minister Ishaq Dar emphasized that trade restrictions remain the biggest...

Published 11 Jan, 2025 02:48am

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 11 Jan, 2025 02:48am

Forex

Open market rates of foreign currencies

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

Published 11 Jan, 2025 02:48am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 10, 2025). ======================== Open Bid ...

Published 11 Jan, 2025 02:48am

Previous Day

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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