Trends - economic development - Business Recorder

economic development

D-8 summit: PM Shehbaz says youth key driver to economic development

Prime Minister Shehbaz Sharif on Thursday said that a country’s youth plays a key role for its economic development....

Updated 19 Dec, 2024 09:45pm

Editorials

Sound data and effective policymaking

EDITORIAL: How can a country be effectively governed without reliable data? This is a question Pakistani...

Published 02 Oct, 2024 06:34am

PM invites all parties to sign ‘charter of economy’

Says country has come out from economic slump

Updated 30 Sep, 2024 10:40am

Business & Finance

Friendly nations to invest $27bn: Ahsan

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has said the government is committed to bringing...

Published 16 Sep, 2024 06:08am

Pakistan

Need stressed to resolve issues of Balochistan

ISLAMABAD: “The deepening crisis in Balochistan, exacerbated by inadequate governance, demands a shift away from...

Published 13 Sep, 2024 06:13am

World

US to discuss economic support for Bangladesh interim government

US officials will hold talks with Bangladesh’s interim government to see how the United States can support the...

Published 10 Sep, 2024 09:27pm

Opinion

Overcrowded and underprepared: Pakistan’s crisis

Population growth can be a double-edged sword: it can either provide a growing labor force that drives economic...

Updated 09 Sep, 2024 08:33am

Business & Finance

LCCI holds ‘Ba-Kamaal Aurat’: Role of women in economic development highlighted

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) organized a convention titled “Ba-Kamaal Aurat” aimed...

Published 24 Aug, 2024 06:23am

CPEC phase-2 projects: Preparation of concept papers for next five years sought

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that many joint...

Updated 21 Aug, 2024 08:51am

Opinion

The rising cost of doing business

The rising cost of doing business plays a role in stalling economic development much like a lethal weapon does after...

Updated 14 Aug, 2024 07:09am

Markets

‘Energy crisis is hindering economic development’

LAHORE: Pakistan’s energy crisis has long been hindering industrial growth and economic development. Maryyam Qasim...

Published 09 Aug, 2024 06:56am

Pakistan

World Bank says ready for PPP with Punjab govt in various sectors

LAHORE: The World Bank has expressed its consent for a public-private partnership (PPP) with the Punjab government...

Published 07 Aug, 2024 06:53am

Opinion

OECD, Pakistan & tax evasion

The Organisation for Economic Co-operation and Development (OECD), an international organization dedicated to...

Updated 26 Jul, 2024 08:22am

Business & Finance

All political parties should forge unity for economic development: governor

LAHORE: Terming political stability vital to the country’s economic development, Governor Punjab Sardar Saleem...

Published 29 May, 2024 06:05am

Business & Finance

Ahsan emphasises role of growth in economic development

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasized the critical...

Published 16 May, 2024 06:28am

Business & Finance

Stable institutions with consistent policies behind uplift of global economies: speakers

ISLAMABAD: Stable institutions with consistent policies have played a key role in the economic development of the...

Published 24 Apr, 2024 03:50am

Business & Finance

‘Policymakers need to devise economic development plans’

ISLAMABAD: The policymakers need to devise economic development plans based on inclusive economic growth with ...

Published 19 Apr, 2024 05:07am

ADB official, Aurangzeb discuss collaboration

ISLAMABAD: Country Director of the Asian Development Bank (ADB) Young Ye called on Minister for Finance and Revenue...

Updated 22 Mar, 2024 09:47am

Business & Finance

Promotion of IT sector key to achieving economic development: governor

LAHORE: The role of information technology is important in today’s world as it increases the employment...

Published 31 Jan, 2024 05:22am

Pakistan

Chinese VFM assures continuing support

ISLAMABAD: Chinese Vice Foreign Minister Sun Weidong on Saturday emphasised that China will continue to support...

Published 21 Jan, 2024 03:10am

Opinion

Claims of economic improvement

The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic...

Published 15 Jan, 2024 05:03am

Pakistan

PM Kakar orders ‘swift’ action against smuggling of commodities

Caretaker prime minister directs relevant authorities to ensure legal trade and complete documentation in border areas

Updated 08 Jan, 2024 10:44pm

Opinion

Crises old and new

It is hardly breaking news on the first day of the new (not so happy) year that Pakistan faces a slate of challenges...

Published 02 Jan, 2024 05:21am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Business & Finance

UBG to play key role in economic development of country: Rehan

KARACHI: The United Business Group (UBG) is poised to address the economic development challenges facing Pakistan, ...

Published 20 Dec, 2023 06:00am

Technology

Economic development: Minister highlights crucial role of technology

ISLAMABAD: Federal Minister for Science and Technology Dr Umar Saif has emphasised the crucial role of technology in...

Published 15 Dec, 2023 03:12am

Opinion

Get rich before getting old

It is said, “The future promise of any nation can be directly measured by the present prospects of its youth.”...

Published 30 Nov, 2023 04:53am

Business & Finance

7 chambers of commerce of southern Punjab gather together on one platform

LAHORE: Seven chambers of Commerce of South Punjab have come together on a platform for the economic development of...

Published 30 Nov, 2023 04:53am

Business & Finance

Minister inaugurates new enterprises in Mohmand Economic Zone

PESHAWAR: The caretaker Minister for Industries, Commerce and Technical Affairs, Tribal Affairs Syed Aamer Abdullah...

Published 06 Nov, 2023 05:27am

Shamshad explains govt’s commitment to economic development

ISLAMABAD: Dr Shamshad Akhtar, Federal Minister for Finance, Revenue, and Economic Affairs, participated in a...

Updated 16 Oct, 2023 08:41am

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

Markets →

Budget 2024-25: income tax calculator for FY25

economic development

Most Popular