Trends - construction sector - Business Recorder

construction sector

ABAD demands long-term tax policies, easier financing access

KARACHI: The Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has urged the...

Published 19 Oct, 2024 06:48am

Business & Finance

Aug cement despatches decline 25.68pc to 3.336m tons YoY

LAHORE: The unprecedented and extremely high tax measures leading to a huge increase in cement prices have caused a...

Published 06 Sep, 2024 07:04am

New levy: Taxable profits of builders, developers fixed

ISLAMABAD: The Federal Board of Revenue (FBR) has fixed minimum profits of builders and developers for collecting a...

Updated 29 Jun, 2024 02:14pm

Construction sector: IMF asks FBR to abolish special tax regime

Recommends subjecting sector to standard income tax regime

Updated 15 Mar, 2024 04:03pm

Perspectives

Challenges and opportunities in Pakistan’s real estate Sector

Pakistan’s once-booming real estate sector is facing a crisis, with declining home values and skyrocketing interest...

Published 01 Mar, 2024 12:06pm

Business & Finance

Cut in taxes on real estate to help attract foreign investment: ICCI

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the...

Published 11 Sep, 2023 06:32am

Business & Finance

New advance tax imposed on construction, residential businesses

ISLAMABAD: Finance Act 2023 has imposed a new advance tax on the construction, development and disposal of ...

Published 27 Jun, 2023 06:15am

Business & Finance

IAPEX expo: thinkPVC showcases latest products, solutions for construction sector

KARACHI: thinkPVC, a unique concept store and one-stop solution for sustainable construction products in Pakistan, ...

Published 19 May, 2023 06:17am

Markets

European shares slip as data signal slower economic recovery

PARIS: European shares fell on Wednesday as investors maintained a cautious stance after data signalled a...

Published 06 Apr, 2023 06:20am

BR Research

Plight of the labour class

If these are not the toughest times an average Pakistani citizen has faced, the toughest must have been close to...

Published 24 Mar, 2023 08:47am

Pakistan

IAP Exhibition 2023: Use of black money in construction sector should be discouraged: President

ISLAMABAD: President Dr Arif Alvi has called for adopting green and sustainable building practices in the ...

Published 21 Jan, 2023 06:15am

Markets

China Dec steel output rises from prior month

SHANGHAI: China’s December steel output rose 4.5% from the prior month, official data showed on Tuesday, as demand...

Published 19 Jan, 2023 05:58am

Business & Finance

Govt should give incentives to construction sector: KATI chief

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has said the government ...

Published 03 Jan, 2023 03:25am

Pakistan

Sustainable engineering plays key role in construction sector, says administrator

KARACHI: Administrator Karachi, Spokesperson Sindh Government and CM Advisor on Law Barrister Murtaza Wahab on ...

Published 28 Nov, 2022 07:06am

Markets

Iron ore futures lower

MANILA: Iron ore futures slumped on Tuesday, with the Dalian benchmark contract hitting a seven-week low, while...

Published 26 Oct, 2022 05:52am

Business & Finance

Concern expressed over rising cement prices

KARACHI: Secretary General of the United Business Group (UBG), Southern Zone, former chairman of Association of...

Published 20 Oct, 2022 05:36am

BR Research

Real wages nosedive

The daily wages for the construction sector may well have grown the most in ten quarters at 10 percent during 1QFY23...

Updated 28 Sep, 2022 08:42pm

Business & Finance

Pakistan Property Show in Dubai attracts 20,000 people

Pakistan Property Show was inaugurated by H.E Sultan Butti Bin Mejren, Director General of the Dubai Land Department

Published 13 Sep, 2022 05:29pm

Business & Finance

Cartelisation, abuse of dominance: CCP investigating potential involvement of two float glass manufacturers

ISLAMABAD: Float glass, an important component of the construction sector, is under scrutiny of the Competition...

Published 10 Sep, 2022 04:14am

Business & Finance

India’s economy grows at fastest pace in a year; slowdown expected

NEW DELHI: India’s economy grew at its fastest pace of 13.5% year-on-year in the April-June quarter though...

Published 01 Sep, 2022 05:50am

Editorials

Economy must have clear precedence

EDITORIAL: The ongoing political impasse is a negation of what the country needs urgently to bring the economy...

Published 15 Aug, 2022 05:41am

Business & Finance

Facing massive cost-escalation, construction industry braces for tough time

Builders facing difficulties in pricing housing units for new projects

Published 23 Jul, 2022 07:37pm

Opinion

FY2021-22: Overstatement of GDP growth rate

The latest Pakistan Economic Survey for 2021-22 reveals that the economy has performed well this year and the growth...

Published 28 Jun, 2022 06:10am

Business & Finance

SBP, banks organise ‘mela’ in Faisalabad to promote housing finance

KARACHI: State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad on Saturday to increase ...

Published 20 Mar, 2022 06:04am

Opinion

Fine points about new amnesty scheme

Having failed to honour his word and bring back all the wealth looted from the country and stashed in foreign...

Published 03 Mar, 2022 04:39am

Business & Finance

Construction cost goes up amid cement, steel price hike

Local cement prices have been hiked by Rs30 per bag (50kg) in the South region

Published 21 Feb, 2022 04:13pm

BR Research

Construction and housing: Boom, doom or bust?

That this government could facilitate the building of 5 million houses in five years was anyway too outlandish an...

Published 31 Dec, 2021 07:59am

Pakistan

ABAD hands ‘charter of demand’ over to CM

KARACHI: Mohsin Sheikhani, Chairman, Association of Builders and Developers (ABAD) on Wednesday said that a...

Published 02 Dec, 2021 03:57am

BR Research

Writing on the wall

The headlines write themselves. The government and SBP’s self-congratulation on keeping economy afloat during the...

Published 24 Nov, 2021 08:03am

Business & Finance

Construction sector hit by steep rise in material cost, claims CAP

LAHORE: Unbridled increase in the construction materials during the last one year has brought the construction ...

Published 17 Nov, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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