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DLTL

Value-added textile industry combating slew of crises: KCCI

KARACHI: Pakistan’s value-added textile industry is grappled with severe crises, which are attributed to financial...

Published 07 Sep, 2024 06:59am

PM directs MoF to clear all DLTL claims

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Ministry of Finance (MoF) to liquidate verified exporters...

Updated 21 May, 2024 09:25am

Business & Finance

Ministers to discuss trade issues with KCCI: PM to announce relief package on May 1

KARACHI: Prime Minister Shehbaz Sharif, after listening to the grievances highlighted by the Karachi Chamber,...

Updated 25 Apr, 2024 09:19am

Exporters likely to get DLTL worth Rs37.306bn

Caretaker Federal Minister for Commerce and Industries Dr Gohar Ejaz chairs a review meeting

Updated 28 Dec, 2023 10:13am

Markets

Nishat Chunian to partially shut down operations after one month

Cites current market conditions as reason in notice to Pakistan Stock Exchange

Updated 28 Dec, 2022 04:32pm

Business & Finance

PHMEA concerned over decline in textile exports

LAHORE: Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) has expressed its serious concern over...

Published 20 Nov, 2022 04:16am

Business & Finance

PM assures KCCI of resolving taxation, other issues

KARACHI: A high-level delegation of the Karachi Chamber of Commerce & Industry (KCCI) led by Chairman ...

Published 09 Jun, 2022 06:18am

Business & Finance

PFMA seeks extension in DLTL scheme

LAHORE: Chairman Pakistan Footwear Manufacturers Association (PFMA) Zahid Hussain has said that it is due to...

Published 07 Jun, 2022 05:47am

Business & Finance

Finance minister assures payment of Rs40.5bn refund claims of DLTL

Says despite financial constraints, the sales tax refunds would also be cleared on a fast track basis

Updated 05 Jun, 2022 09:14am

Discontinuation of special power tariff: Apparel textile sector warns govt of grave implications

KARACHI: The country’s apparel textile sector on Sunday warned the federal government of ‘disastrous’ implications...

Updated 30 May, 2022 12:00pm

Pakistan

ECC approves indigenous gas supply to two SNGPL-based urea plants

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the proposal for the provision of...

Published 30 Mar, 2022 03:30pm

Business & Finance

Textile export industry facing acute cash flow crunch: Pasha

FAISALABAD: Textile export industry has entered into a sustainable economic growth phase; aiming to hit $21 billion...

Published 25 Jan, 2022 05:03am

ECC excludes 2 recommendations of STPF 2020-25

Policy interventions will be made by the Ministry of Commerce by increasing the share of exports in medium-to-high technological content products

Updated 11 Nov, 2021 09:48am

Business & Finance

Dawood briefed about steps aimed at wider export diversification

ISLAMABAD: Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, was briefed on product and...

Published 14 Oct, 2021 04:14am

Business & Finance

Govt releases Rs6bn under DLTL for exporters

The Ministry of Commerce has released refunds worth Rs6 billion under the duty drawback on local taxes and levies...

Published 23 Sep, 2021 12:13pm

Business & Finance

DLTL will not be discontinued: Tarin

KARACHI: Federal Minister for Finance and Revenue Shaukat Tarin has assured that the Drawback of Local Taxes and...

Published 21 Sep, 2021 04:10am

Business & Finance

Govt releases Rs6bn under DLTL scheme for exporters

The Ministry of Commerce has released Rs6 billion under duty drawback on local taxes and levies (DLTL) scheme,...

Published 24 Aug, 2021 05:11pm

Business & Finance

Dawood assures PHMEA of continuing DLTL for textile sector

FAISALABAD: Advisor to the Prime Minister on Trade, Textiles and Investment Abdul Razak Dawood, while addressing a...

Published 13 Jul, 2021 03:22am

Tarin tells NA: Efforts afoot to end tradition of supplementary grants

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Wednesday informed the National Assembly that...

Published 01 Jul, 2021 04:09am

Business & Finance

Value-added textile sector: Dawood assures to resolve problems

FAISALABAD: Adviser to the Prime Minister on Commerce and Textiles and Investment Abdul Razzaq Dawood assured to...

Published 17 Jun, 2021 03:27am

Razak says export base ‘much too narrow’

ISLAMABAD: Prime Minister’s Advisor on Commerce and Investment, Abdul Razak Dawood said on Friday that Finance...

Published 29 May, 2021 03:59am

Pakistan

High capacity scanner to be installed at Karachi Airport: Adviser

He said the scanner would help remove barriers in the smooth export of perishable items leading to an increase in fruit exports.

Published 29 Apr, 2021 10:54pm

Business

Jan-April 2021: Rs8,928m duty drawback claims sanctioned to exporters

ISLAMABAD: Following the vision of the prime minister, the FBR’s Pakistan Customs Wing has resolved the...

Published 28 Apr, 2021 03:18am

Business & Finance

Govt releases Rs 2.5bn under DLTL payments for exporters

The advisor was hopeful that the release of these funds will resolve the liquidity issues of the country’s exporters and enable them to enhance exports.

Published 24 Apr, 2021 10:03am

Business & Finance

Govt to release Rs 5.5bn under DLTL payments for exporters

The advisor informed that the DLTL scheme includes Rs. 1,738 million for non-textiles sector and Rs. 3,762 million for textiles sector.

Published 25 Feb, 2021 11:02am

Business & Finance

DLTL: PLGMEA delegation assured of payment

KARACHI: Federal Finance Minster Abdul Hafeez Sheikh has assured a Pakistan Leather Garments Manufacturers and...

Published 23 Jan, 2021 03:56am

Business & Finance

Non-textile sector: Rs213m approved for DLTL payments: Dawood

ISLAMABAD: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Wednesday informed that Rs...

Published 21 Jan, 2021 04:23am

Business & Finance

MoC approves Rs 213mn DLTL refunds for non-Textile exporters

The advisor informed that these funds are now with the State Bank of Pakistan (SBP) and will soon be disbursed to the relevant exporters.

Published 20 Jan, 2021 11:12am

Business & Finance

MoC releases Rs 1.78bn DLTL refunds for Textile Sector

The advisor informed that the DLTL for the non-textile sector will also be released shortly.

Published 04 Dec, 2020 11:08am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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