Trends - EFS - Business Recorder

EFS

SRO 592(1)/2025 attracts criticism from steel sector

ISLAMABAD: The documented steel sector has expressed serious concern over the Federal Board of Revenue’s new SRO...

Updated a day ago

Markets

Cotton Review: Market navigates a volatile week

KARACHI: The cotton sector in Pakistan is grappling with a worsening crisis marked by volatile trends, declining...

Published 14 Apr, 2025 05:20am

APTMA seeks ban on import of yarn, cloth under EFS

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has demanded an immediate ban on the import of yarn...

Updated 12 Apr, 2025 03:12pm

Export boost: PM directs authorities to take experts on board

ISLAMABAD: In a bid to boost the country’s export, Prime Minister Shehbaz Sharif on Thursday directed the...

Updated 11 Apr, 2025 03:14pm

Business & Finance

Planning minister for upgrading textile industry

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal stressed that the country’s...

Published 08 Apr, 2025 07:30am

Business & Finance

Policymaking: FPCCI says govt should take it in confidence

KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh has said...

Published 28 Mar, 2025 05:35am

Metal sector in EFS: NA body for holding Mar 7 SRO in abeyance

ISLAMABAD: The National Assembly Standing Committee on Commerce Tuesday directed the Federal Board of Revenue (FBR)...

Updated 26 Mar, 2025 09:38am

From SBP to EXIM Bank: ECC to clear Rs330bn LTFF portfolio transfer

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to approve phasing out of the SPB’s Long Term...

Updated 21 Mar, 2025 09:25am

Business & Finance

PRGMEA opposes amendments to EFS

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has strongly opposed the...

Published 17 Mar, 2025 07:21am

Markets

Weekly Cotton Review: Prices continue to decline amid lacklustre trade

KARACHI: The decline in cotton prices continues to persist, with the spot rate experiencing a further drop of 300...

Published 17 Mar, 2025 07:09am

Editorials

Policy overhaul needed for textile sector

EDITORIAL: Given the primacy of the textile sector in propping up the country’s exports and employment numbers, ...

Published 17 Mar, 2025 05:59am

PM says exports, investments under govt focus

ISLAMABAD: In order to achieve sustainable economic growth, Prime Minister Shehbaz Sharif declared on Friday that...

Updated 15 Mar, 2025 02:27pm

Opinion

The dark side of disinflation

“If the price of everything is going down, that’s going to include wages as well. People will have an incentive...

Published 14 Mar, 2025 06:42am

FBR introduces major changes to EFS

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in the Export Finance Scheme (EFS) to...

Updated 08 Mar, 2025 09:33am

Business & Finance

Iron & steel sector: FBR directed to suspend revised EFS rollout

ISLAMABAD: The first meeting of the committee formed by the prime minister to review the Export Facilitation Scheme...

Published 08 Mar, 2025 02:48am

PTC says concerned at proposed amendments to EFS

ISLAMABAD: The Pakistan Textile Council (PTC) has expressed concerns over the proposed amendments to the Export...

Updated 07 Mar, 2025 09:12am

APTMA speaks about challenges facing industry

Seeks government’s nod for direct import of LNG

Updated 07 Mar, 2025 02:35pm

Business & Finance

PHMA demands representation in EFS Review body

FAISALABAD: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged Prime Minister Mian...

Updated 03 Mar, 2025 07:11am

Opinion

Fix the EFS

Export-led growth is the mantra these days, but government seems uninterested in actually facilitating it. The...

Published 03 Mar, 2025 06:28am

Opinion

Export-led growth and effective tax management: Leveraging Digital Product Passport

As the EU tightens its regulations, many countries view compliance as a mere obligation, but the implications of ...

Published 26 Feb, 2025 06:30am

Iron, steel scrap importers: FBR withdraws EFS facility

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn facility of Export Facilitation Scheme (EFS) 2021 from...

Updated 26 Feb, 2025 02:59pm

Opinion

EFS: A critical appraisal

The Export Facilitation Scheme (EFS) was introduced with the objective of fostering national exports and augmenting...

Published 20 Feb, 2025 07:02am

Editorials

Textile policy balance

EDITORIAL: Pakistan’s textile industry is once again on the brink, with 40 percent spinning mills are said to be...

Published 16 Feb, 2025 02:53am

Public money: ECC directs ministries, divisions to replace insurance with bank guarantee

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed all ministries/Division to take...

Updated 12 Feb, 2025 02:34pm

Revenue pilferage: FBR set to introduce major changes in EFS

ISLAMABAD: The Federal Board of Revenue (FBR) will introduce major changes in the Export Facilitation Scheme (EFS)...

Updated 11 Feb, 2025 09:03am

Local raw materials: APTMA says seeking a level playing field

ISLAMABAD: The All Pakistan Textile Mills Association (Aptma) urgently called on the government to create a level...

Updated 11 Feb, 2025 02:45pm

Lasbella- and Hub-based cos: PCA South exposes Rs977m evasion via EFS

Business & Finance

Opinion

Inaction will kill industry

Pakistan’s textile industry has long been a major contributor to exports, employment, and value addition. However,...

Published 27 Jan, 2025 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 17	142.33
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.33
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 17	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 17	64.68
Karachi Cotton PKR/37.32 KG / Apr 17	16,985
Gold 10 Grams PKR / Apr 17	300,068
Gold Spot USD/Ounce / Apr 17	3,326.85
Cotton US¢/pound / Apr 17	67.13
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.45 ▲ 1 (40.82%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.37 ▲ 1 (10.67%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
S.S.Oil / Apr 18 S.S.Oil Mills Limited(SSOM)	269.05 ▲ 24.46 (10%)
Pak Gulf Leasing / Apr 18 Pak-Gulf Leasing Company Limited(PGLC)	24.08 ▲ 2.19 (10%)
Indus Dyeing / Apr 18 Indus Dyeing & Manufacturing Co. Limited(IDYM)	129.98 ▲ 11.82 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.58 ▼ -0.49 (-45.79%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.80 ▼ -1.37 (-19.11%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.20 ▼ -8.62 (-17.3%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.90 ▼ -0.94 (-13.74%)
Tariq Corp.Pref. / Apr 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.40 ▼ -0.89 (-10.74%)
Crescent Fib. / Apr 18 Crescent Fibres Limited(CFL)	45.25 ▼ -5 (-9.95%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.26 ▼ -1.22 (-9.78%)
Idrees Tex. / Apr 18 Idrees Textile Mills Limited(IDRT)	17.20 ▼ -1.85 (-9.71%)
Suraj Cotton / Apr 18 Suraj Cotton Mills Limited(SURC)	119.01 ▼ -12.62 (-9.59%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.65 ▼ -1.32 (-9.45%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,207,702 ▲ 1.49
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,924,422 ▲ 0.19
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,825,989 ▲ 0.07
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,207,672 ▼ -0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,780,505 ▲ 0.93
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,578,802 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,988,493 ▼ -0.53
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,338,304 ▼ -5.73
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,054,335 ▼ -0.49
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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