Trends - GSP - Business Recorder

GSP

Pak-EU ties make significant strides since grant of GSP

ISLAMABAD: Pakistan and the European Union (EU) have acknowledged that since the grant of GSP status in 2014, the...

Updated 14 Dec, 2024 09:33am

Opinion

Implications of the US-China trade war

Six years after their imposition, the Section 301 tariffs under the US Trade Act of 1974 continue to significantly...

Updated 02 Dec, 2024 07:39am

Editorials

Preserving GSP Plus status

EDITORIAL: One would have thought that the precarious state of the economy, the struggling export market and the...

Published 19 Sep, 2024 06:37am

Pakistan

EU special envoy on FoRB concludes visit to Pakistan

ISLAMABAD: The European Union Special Envoy for the promotion of freedom of religion or belief (FoRB), Ambassador...

Updated 14 Sep, 2024 07:24am

Early GSP renewal by US Congress: Pakistan reiterates its request

ISLAMABAD: Pakistan has reiterated its request for early renewal of the Generalized System of Preferences (GSP) by...

Updated 27 Apr, 2024 09:19am

Business & Finance

EU envoy, minister discuss issues relating to GSP+ system

ISLAMABAD: EU Ambassador Riina Kionka called on Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, and...

Published 21 Mar, 2024 06:07am

Opinion

Pakistan’s textile industry embraces ESG practices: Sustainability that lasts

Introduction In a transformative shift, Pakistan’s textile industry is setting new standards for sustainability as...

Updated 26 Feb, 2024 12:30pm

Editorials

GSP+ concerns

EDITORIAL: The caretaker government is rightly pleased that the European parliament has extended the GSP+...

Published 27 Nov, 2023 06:13am

Business & Finance

Internal rift between EP and EC led to rollover of GSP

ISLAMABAD: An internal rift between European Parliament (EP) and European Council (EC) accounted for an anticipated...

Updated 10 Oct, 2023 09:18am

Pakistan

Shehbaz speaks about his govt’s 16-month performance

LAHORE: Felicitating the Pakistani nation over the extension in GSP+ status, Pakistan Muslim League-Nawaz (PML-N)...

Published 07 Oct, 2023 06:01am

EU decides to extend GSP

ISLAMABAD: The European Parliament has decided to extend existing GSP (Generalized System of Preferences) for...

Updated 06 Oct, 2023 09:04am

EU likely to extend GSP facility for another four years

ISLAMABAD: The European Union (EU) is likely to extend existing Pakistan’s GSP (Generalized System of Preferences)...

Updated 18 Sep, 2023 08:46am

New GSP scheme’s fate hangs in the balance

EU Parliament and European Council have strong arguments against each other’s viewpoint due to which things are not moving

Updated 24 Jul, 2023 01:53pm

UK replaces GSP with DCTS

ISLAMAABD: The United Kingdom (UK) has unveiled a new initiative called the Developing Countries Trading Scheme...

Updated 21 Jun, 2023 08:54am

Pakistan

Alliance seeks bipartisan support for renewal of US GSP programme

ISLAMABAD: Alliance of GSP countries, comprising 27 nations, has called upon the US Senate and the House of...

Published 21 Feb, 2023 05:58am

Pakistan

Outgoing British HC meets president

ISLAMABAD: President Dr Arif Alvi has said that there is a need to take tangible steps to increase trade between...

Published 12 Jan, 2023 05:51am

Pakistan and US relaunch TIFA

ISLAMABAD: Pakistan and the United States (US) have re-launched the Trade and Investment Framework Agreement (TIFA)...

Updated 09 Mar, 2022 11:19am

Supplements

Market Access

TEXT: • Kenya is sizable local market with a population of about 50 million people and growing at approximately 3%...

Published 14 Dec, 2021 06:40am

Business & Finance

EU envoy explains how Pakistan can carry on benefiting from GSP+ regime beyond 2023

ISLAMABAD: The current GSP+ regulation expires at the end of 2023 and Pakistan will carry on with the present regime...

Published 09 Sep, 2021 03:56am

Withdrawal of GSP plus status by EU: PRGMEA urges PM, Adviser to help save ‘$3bn’ exports

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) on Tuesday has appealed to the...

Updated 12 May, 2021 10:28am

Pakistan

European Parliament chief urged to withdraw resolution

ISLAMABAD: The Pakistan Peoples Party (PPP) leader and Chairman Institute of Research and Reforms (IRR) Senator A...

Published 08 May, 2021 03:30am

Opinion

The pitfalls and the prospects

Pakistan’s exports to European Union countries may stay in a danger zone as the European parliament last Thursday...

Published 05 May, 2021 04:01am

World

GSP Plus status: Government decides to address EU concerns over minorities, freedom of expression

Prime Minister Imran Khan chaired a meeting of his senior cabinet members and close aides on Monday, to discuss the resolution passed by the European Parliament, which called for a review of their trade relations with Pakistan.
The European Parliament's resolution is linked with Pakistan's controversial blasphemy laws, and could potentially end Pakistan's eligibility for the Generalised Scheme of Preferences (GSP) trading status.

Updated 03 May, 2021 10:07pm

Resolution adopted by EU Parliament: Pakistan expresses disappointment

ISLAMABAD: Pakistan has expressed its disappointment at the adoption of a resolution at the European Parliament on...

Published 01 May, 2021 03:28am

Business & Finance

Budget proposals for 2021-22: PRGMEA calls for steps to promote industrialization, enhance exports

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has called for steps to...

Published 28 Mar, 2021 04:14am

Editorials

Keep an eye on textile group exports

EDITORIAL: Surely, it’s a little bewildering that in the midst of all the talk about Pakistan’s textile sector...

Published 21 Mar, 2021 04:05am

Pakistan

Better social, prosperous society: Interfaith harmony imperative: EU envoy

ISLAMABAD: European Union Ambassador to Pakistan Androulla Kaminara Sunday said in the modern era, promoting...

Updated 08 Feb, 2021 09:29am

Pakistan

Minerals, natural resources university being established in Balochistan

ISLAMABAD: Students of Balochistan province would soon get a full-fledged university to get higher education in the...

Published 25 Jan, 2021 04:23am

Pakistan

GSP compiling borehole log-data, technical report on Badin coal deposits

“The geological logging of exploratory boreholes, collection of core samples and their chemical analysis had been completed, while digitization of borehole log data and a technical report was in progress,” a senior official privy to petroleum sector developments told APP.

Published 08 Dec, 2020 06:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / Apr 30	142.60
USD to Swiss Franc / Apr 30	0.82
Pound Sterling to USD / Apr 30	1.34
Euro to USD / Apr 30	1.14
UK LIBOR % / Apr 29	4.96

Stock	Volume
S&P 500 / Apr 29	5,560.83
Nasdaq / Apr 29	17,461.32
Dow Jones / Apr 29	40,527.62
India Sensex / Apr 30	80,370.20
Tokyo Nikkei / Apr 30	36,045.38
Hang Seng / Apr 30	22,093.15
FTSE 100 / Apr 30	8,462.69
Germany DAX 30 / Apr 30	22,537.67
France CAC40 / Apr 30	7,587.60

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 29	16,985
Gold 10 Grams PKR / Apr 29	299,382
Crude Oil USD/Barrel / Apr 30	59.69
Gold Spot USD/Ounce / Apr 30	3,304.44
Cotton US¢/pound / Apr 30	66.29
Petrol/Litre / May 1	254.63
Diesel/Litre / May 1	258.64

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.29 ▲ 4.35 (9.07%)
Burshane LPG / Apr 30 Burshane LPG (Pakistan) Limited(BPL)	29.03 ▲ 2.03 (7.52%)
Engro Poly(Pref / Apr 30 Engro Poly(Pref)(EPCLPS)	11.99 ▲ 0.81 (7.25%)
Sakrand Sugar / Apr 30 Sakrand Sugar Mills Limited(SKRS)	12.23 ▲ 0.81 (7.09%)
Intermarket Securities / Apr 30 Intermarket Securities Limited(IMS)	45.97 ▲ 2.98 (6.93%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)
Adamjee Life Assur. / Apr 30 Adamjee Life Assurance Company Limited(ALIFE)	25.23 ▼ -2.79 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
National Silk / Apr 30 The National Silk & Rayon Mills Limited(NSRM)	42.46 ▼ -4.67 (-9.91%)
Nishat Mills Ltd / Apr 30 Nishat Mills Limited(NML)	101.35 ▼ -11.12 (-9.89%)
Amtex Ltd / Apr 30 Amtex Limited(AMTEX)	2.30 ▼ -0.25 (-9.8%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87
Power Cement / Apr 30 Power Cement Limited(POWER)	14,502,204 ▼ -0.43
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	14,104,286 ▼ -2.06
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	13,883,713 ▲ 0.45
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	13,723,423 ▼ -0.92
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	13,002,379 ▼ -6.85

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