Trends - IT exports - Business Recorder

IT exports

Govt envisages increasing IT sector exports to $4.2bn

ISLAMABAD: Amid admission that a substantial portion of IT exports revenue remains un-remitted, the government...

Updated 14 Dec, 2024 06:00pm

Editorials

The high price of digital clampdowns

EDITORIAL: Last week saw the State Minister for Information Technology Shaza Fatima presenting a detailed five-year...

Published 29 Nov, 2024 06:03am

Technology

$25bn IT export target: PM presented comprehensive plan

Prime Minister Shehbaz Sharif was presented with a comprehensive plan to boost Pakistan’s IT exports to $25 billion...

Updated 22 Nov, 2024 10:50pm

Business & Finance

Minister highlights 25pc growth in IT exports, focus on $25bn target

ISLAMABAD: “Pakistan’s ICT exports have shown 25 percent growth and the government is committed to building on...

Published 12 Nov, 2024 06:38am

Business & Finance

PM vows to achieve $25bn IT export target

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated his government’s resolve to meet $25 billion IT...

Published 09 Nov, 2024 06:36am

Technology

PM Shehbaz, VEON Group discuss IT and 5G expansion in Pakistan

Prime Minister Shehbaz Sharif said the government is committed to working with VEON Group, a multinational...

Updated 08 Nov, 2024 10:32pm

Business & Finance

Q1 IT, ITeS export remittances jump 33.7pc to $876m YoY

ISLAMABAD: The country’s information technology and IT-enabled services (ITeS) export remittances comprising...

Published 22 Oct, 2024 06:33am

BR Research

IT exports on a rise

IT exports have been steadily rising, with FY24 total exports reaching $3.2 billion, a 24 percent year-on-year...

Published 01 Oct, 2024 08:50am

PM says economic policies moving in the right direction

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday gave credence to his government’s economic policies to be in the...

Updated 14 Sep, 2024 02:34pm

Technology

PM seeks plans for $25bn IT exports

ISLAMABAD: Prime Minister Shehbaz Sharif has urged IT experts to come up with their strategies and plans to achieve...

Updated 06 Sep, 2024 08:55am

Business & Finance

Experts call for policy continuation for IT, other sectors

KARACHI: Experts urged the government and stakeholders to maintain the continuation of policies for IT and other...

Updated 30 Aug, 2024 07:53am

Business & Finance

‘Slow internet damages IT industry, online businesses badly’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of Pakistan...

Published 21 Aug, 2024 06:42am

Islamabad IT Park to help achieve $25bn IT export goal: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that Islamabad information technology (IT) park will prove to be...

Updated 20 Aug, 2024 09:33am

IT, ITeS export remittances hit all-time high of $3.223bn

ISLAMABAD: The country’s information technology and IT-enabled services (ITeS) export remittances comprising...

Updated 20 Jul, 2024 09:42am

Technology

SBP allows IT cos to acquire shareholding in entities abroad

KARACHI: In order to enhance IT exports, the State Bank of Pakistan (SBP) on Thursday allowed export-oriented IT...

Updated 12 Jul, 2024 09:05am

BR Research

Current account roundup 11MFY24

The current account posted a deficit of $270 million in May 2024 after three straight months of surplus. The deficit...

Published 24 Jun, 2024 08:55am

Business & Finance

Soft-core diplomacy a must to achieve prime objectives: FCCI chief

FAISALABAD: Pakistan could achieve its prime political and economic objectives in the fast-changing global scenario...

Published 06 Jun, 2024 03:09am

Business & Finance

IT exports: Changes in equity investment abroad policy okayed by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity...

Published 04 Jun, 2024 06:28am

BR Research

IT exports 10MFY24

IT exports have been witnessing a recovery over the past 5 months of FY24. Total IT exports for 9MFY24 stood at...

Published 24 May, 2024 08:58am

Business & Finance

IT exports: Practical steps should be taken on priority basis: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that practical steps should be taken on priority basis to...

Published 22 May, 2024 05:54am

Business & Finance

IT exports to Saudi Arabia have increased, says leading exporter

ISLAMABAD: Information Technology exports to Saudi Arabia increased by $100 million, as the industry has started to...

Published 20 May, 2024 05:44am

Business & Finance

IT services exporters: P@SHA proposes taxation reforms

KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary...

Published 15 May, 2024 05:47am

Business & Finance

Ministry’s targets for IT exports and revenue outlined

ISLAMABAD: Minister of State for Information Technology and Telecommunication, Shaza Fatima on Monday outlined the...

Published 30 Apr, 2024 03:43am

‘Alarming situation’: Jan IT exports slump 12.4pc to $265m MoM

ISLAMABAD: Data for information technology exports in January 2024 is alarming as it records a decline of 12.4...

Updated 13 Apr, 2024 03:11pm

BR Research

Surging IT exports

The newly elected Finance Minister has hinted at touching $3.5 billion in IT exports for FY24, and part of it is due...

Published 29 Mar, 2024 09:18am

BR Research

IT exports on a rise

IT exports have been growing consecutively over the past four months. As per the latest data, the IT exports for...

Published 23 Jan, 2024 09:07am

BR Research

Current account: Food and oil to the rescue

The current account is back in surplus after five months as the December 2023 balance of payment clocked in at a...

Published 19 Jan, 2024 09:34am

Technology

Pakistan’s ICT exports increase 9% to $1.45bn in 1HFY24

Pakistan’s information communication and technology (ICT) exports increased by 9% or $64 million to $1.455 billion...

Updated 17 Jan, 2024 11:16pm

Pakistan

Govt experience exchange plan: Pakistan, UAE to sign MoU

ISLAMABAD: Pakistan will enter into a MoU with the UAE government for digital Government Experience Exchange...

Published 03 Jan, 2024 05:32am

BR Research

Surge in IT exports

The upward trend in ICT exports is a good sign for the economy is stagnation. The country’s IT sector exports have...

Published 26 Dec, 2023 08:58am

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

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