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EDB

Experts’ panel to weigh up EVs financing mechanism

ISLAMABAD: An inter-ministerial meeting decided to constitute a panel of representatives from the Finance Division,...

Updated 22 Sep, 2024 09:58am

Business & Finance

EDB, SI&MDR arrange webinar to strengthen engineering industry

ISLAMABAD: The Engineering Development Board (EDB) has arranged webinar collaborating Surgical Instruments &...

Published 25 Aug, 2024 03:05am

Solar panel, allied equipment manufacturing: Govt decides to identify, plug policy gaps

Neelofur Hafeez, Joint Secretary (LED), MoI&P briefs about decisions taken in 5th meeting of the Apex Committee of the SIFC

Updated 02 Dec, 2023 03:50pm

Technology

EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan

A four-wheel EV manufacturer yet to approach govt for license under EV policy

Updated 17 Nov, 2023 10:11pm

Opinion

Unraveling state of engineering industry

The industrial sector is unquestionably important to Pakistan’s economy, contributing significantly to its growth...

Updated 20 Sep, 2023 07:05am

Power plants of 25MW and above: Customs duty exemption opposed

ISLAMABAD: The Engineering Development Board (EDB), an arm of the Ministry of Industries and Production (MoI&P),...

Updated 02 Apr, 2023 10:23am

Business & Finance

Ministry to hold meeting on mobile device manufacturing today

ISLAMABAD: The Ministry of Industries and Production will hold a mobile device manufacturing summit at a hotel here...

Published 24 Jan, 2023 06:06am

Business & Finance

Auto Policy 2016-21: Local car assembling capacity jumps to 0.5m units per year: EDB CEO

ISLAMABAD: Pakistan’s local car assembling capacity per year has increased from 270,000 units to 500,000 within ...

Updated 01 Dec, 2022 11:48am

Markets

Electrical power equipment: EDB urges NTDC, Discos to encourage local suppliers

ISLAMABAD: The Engineering Development Board (EDB) has urged the National Transmission and Despatch Company (NTDC)...

Published 29 Sep, 2022 07:38am

Tax relief under industrial package: Maximum production capacity mandatory for sick units: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major condition on the sick industrial units to attain...

Updated 10 Apr, 2022 10:16am

Opinion

Auto industry: the deletion programme

The automotive industry in Pakistan is one of the fastest-growing industries in the country. It provides job...

Published 12 Mar, 2022 04:08am

Cabinet refuses extension to EDB CEO

ISLAMABAD: Ministry of Industries and Production (MoI&P) is said to have failed to get Federal Cabinet’s nod...

Updated 18 Jan, 2022 09:26am

BR Research

Inside the car policy maze

The Engineering Development Board (EDB) which is a government body under the Ministry of Industries has spent months...

Published 29 Dec, 2021 07:57am

Pakistan

‘Investment opportunities in Pakistan’: BoI, Pak embassy to hold online seminar tomorrow

ISLAMABAD: The Board of Investment (BoI) in collaboration with the Embassy of Pakistan in the US organising a...

Published 15 Dec, 2021 06:34am

Business & Finance

AIDP 2021-26: EDB seeks cost structure from auto industry

ISLAMABAD: The Engineering Development Board (EDB) has sought cost structure from the auto industry and its concerns...

Published 02 Sep, 2021 04:21am

Dawood seeks investment plans from mobile companies to address impediments

Advisor assures association members that current policies would continue and additional incentives would also be given if export targets are met

Updated 28 Aug, 2021 01:50pm

Business & Finance

EDB chairman visits Millat Tractors factory

LAHORE: The EDB Board of Management held its 47th meeting on June 18 at Millat Tractors Limited Lahore, under the...

Published 23 Jun, 2021 04:26am

Business & Finance

Failure to deliver cars in two months: Govt decides to penalise automakers

ISLAMABAD: The government has decided to penalise auto manufacturers, in case of failing to deliver vehicles to the...

Published 01 Jun, 2021 04:59am

GST removal on locally-assembled units: Samsung, OPPO may start manufacturing cellphones

ISLAMABAD: M/s Samsung and M/s OPPO are likely to start local assembly in Pakistan soon after removal of sales tax ...

Published 11 Mar, 2021 05:25am

Pakistan

Automotive Development Policy: PAMA concerned over alleged extension in incentives to new entrants

ISLAMABAD: Pakistan Automotive Manufacturers Association (PAMA) has raised concern over alleged extension in...

Updated 11 Feb, 2021 09:35am

Business & Finance

Business investments into Singapore rise 13pc, highest in over a decade

SINGAPORE: Business investment commitments into Singapore rose 13% last year to their highest in more than a decade,...

Published 21 Jan, 2021 04:23am

Business & Finance

Eurasian Development Bank plans to borrow up to $1bn in 2021

Majority-owned by Russia and Kazakhstan and also present in Belarus, Armenia, Kyrgyzstan and Tajikistan, the EDB raised $537 million in dollar equivalents in 2020.
Next year it plans to raise 10 billion roubles ($136 million) and 50 billion Kazakh tenge ($119 million) .

Published 29 Dec, 2020 08:10pm

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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