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Chinese company

Chinese company to set up battery manufacturing plant in Punjab

LAHORE: A Chinese lithium battery manufacturing company has announced to set up a plant in Punjab and an agreement...

Published 14 Dec, 2024 08:57am

Gwadar power plant: Chinese co CPPCL shows conditional willingness to work

Sources say PPIB has cited reference of progress a review meeting regarding 300-MW Gwadar coal power plant of CPEC held under chairmanship of Minister for Planning, Development and Special Initiatives (PD&SI)

Updated 30 Sep, 2024 10:41am

PowerChina keen to convert imported coal plants to local coal ones

ISLAMABAD: Chinese company PowerChina has shown interest in conversion of imported coal power plants on local coal...

Updated 28 Sep, 2024 08:46am

Power breakdown: Nepra to issue show-cause notice to co

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to issue show cause notice to...

Updated 17 Sep, 2024 09:45am

Pakistan

Sindh govt takes efforts for launching e-taxis

KARACHI: Sindh government has intensified its efforts to launch electric taxis. In this regard, Sindh Senior ...

Published 13 Sep, 2024 06:13am

Opinion

Electric Vehicles come to Pakistan

Minister for Finance Muhammad Aurangzeb claimed at the launching ceremony of BYD, a Chinese company globally ...

Updated 26 Aug, 2024 07:36am

Aurangzeb says on BYD’s NEV launch occasion: Plan launched to revitalize economy

The finance minister says the government is committed to supporting the private sector, recognizing its crucial role in driving economic growth

Updated 18 Aug, 2024 01:34pm

Pakistan

Yutong to set up bus-making plant in Karachi

KARACHI Senior Minister of Sindh and Provincial Minister for Information, Transport, Mass Transit, Excise, Taxation,...

Published 19 Jul, 2024 06:05am

969MW Neelum Jhelum Hydropower Project: Some serious design flaws identified

The project was built at a cost of over Rs 500 billion with a delay of several years because of faults, leading to its complete or partial shut down periodically and has been unavailable since first week of May this year

Updated 01 Jul, 2024 11:33am

Sinopec not interested in refinery project

ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a...

Updated 04 Jun, 2024 11:26am

Business & Finance

Chinese chip manufacturing team meets minister

LAHORE: A delegation of chip manufacturing company of China met Provincial Minister for Industries and Commerce...

Published 24 Apr, 2024 03:50am

Terror attacks on engineers: China’s HEI issues ‘force majeure’ notice

ISLAMABAD: A Chinese company working on 765 kV transmission line project of Dasu Hydropower Project M/s Harbin...

Updated 06 Apr, 2024 10:09pm

IWS tender: PMO seeks details on Chinese co’s complaint

ISLAMABAD: The Prime Minister’s Office (PMO) has sought the details of the tender for the design, supply,...

Updated 05 Apr, 2024 09:25am

PPIB may extend FC date of Gwadar power plant today

ISLAMABAD: The Board of Private Power & Infrastructure Board (PPIB) scheduled to meet on Thursday (today) is to...

Updated 29 Feb, 2024 01:45pm

PPIB to review hydropower project progress tomorrow

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has convened a meeting on Friday (tomorrow) to review...

Updated 22 Feb, 2024 09:50am

Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm

ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed...

Updated 18 Dec, 2023 09:14am

Refinery sector: SIFC for assessing Sinopec’s interest

ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting

Updated 06 Nov, 2023 12:04pm

Business & Finance

Maintenance dredging Pakistan’s responsibility: ‘91pc profit from Gwadar Port operations goes to Chinese firm’

ISLAMABAD: A parliamentary panel was informed on Friday that maintenance dredging of Gwadar Port is the...

Published 06 May, 2023 06:23am

Pakistan

Fire ruins warehouse complex at Dasu hydropower project

One police official says electrical fault suspected cause of the fire

Published 04 Apr, 2023 12:18pm

‘Shady’ contract to Chinese firm: Senate panel accuses World Bank office of ‘conniving’ with NTDC

ISLAMABAD: Raising serious questions over the award of contract of 765kV Dasu–Mansehra–Islamabad transmission line...

Updated 23 Mar, 2023 06:40pm

Technology

Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown

NEW DELHI/LUCKNOW: Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones,...

Published 16 Mar, 2023 11:15am

Pakistan

PM says agreement with IMF to be reached this month

ISLAMABAD: Prime Minister Shehbaz Sharif Friday expressed optimism about an agreement with the International ...

Published 28 Jan, 2023 06:20am

Business & Finance

‘Gwadar plants on Thar coal’: Two Chinese loans to be confirmed soon

ISLAMABAD: China has reaffirmed strong resolve to extend financial support to Pakistan including early confirmation...

Updated 19 Jan, 2023 08:39am

Markets

Afghanistan’s Taliban administration in oil extraction deal with Chinese company

KABUL: Afghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the...

Published 05 Jan, 2023 02:30pm

Oil refinery project: Chinese team visits Gwadar

ISLAMABAD: In order to materialise the $4.5 billion oil refinery project in Gwadar, five-member delegation of...

Updated 21 Dec, 2022 09:58am

Business & Finance

Efforts underway for formulating 10-year plan for PR: minister

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has said that 46 coaches from China have arrived in...

Published 05 Dec, 2022 05:47am

Business & Finance

Pakistan receives first batch of high-speed rail coaches from China

KARACHI: Pakistan Railways on Sunday received the first 46 out of 230 new high-speed passenger coaches from China....

Updated 28 Nov, 2022 10:57am

Business & Finance

‘Illegal’ refund to a company: FTO directs FBR to assign ‘organised tax fraud case’ to inquiry team

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to assign...

Published 16 Nov, 2022 05:50am

Spot coal bidding: Chinese firm wants revised mechanism

ISLAMABAD: Chinese company M/s Huaneng Shandong Ruyi (Pakistan) Energy Limited (HSR) has cautioned National Electric...

Updated 12 Oct, 2022 09:39am

Markets

CTGI offers to set up 830MW solar power plant in Muzaffargarh

ISLAMABAD: Chinese company, Three Gorges South Asia Investment Ltd (CTGI) has offered the government to set up 830 ...

Published 03 Sep, 2022 04:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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