Trends - Nayib Bukele - Business Recorder

Nayib Bukele

Corruption in Central America frustrates US plan to tackle migration ‘root causes’

More than a year into US President Joe Biden’s sweeping effort to tackle the “root causes” of migration with...

Published 04 Jun, 2022 04:18am

Technology

El Salvador plans first 'Bitcoin City', backed by bitcoin bonds

MIZATA: El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds,...

Updated 21 Nov, 2021 03:01pm

Markets

El Salvador to use bitcoin gains to fund veterinary hospital, president says

SAN SALVADOR: El Salvador will invest some of the $4 million gains it has obtained from its bitcoin operations to...

Published 10 Oct, 2021 11:28am

Business & Finance

Salvadorans march against bitcoin and 'dictatorship'

SAN SALVADOR: Thousands of Salvadorans protested Wednesday against the government's introduction of bitcoin as legal...

Published 17 Sep, 2021 03:52am

El Salvador's world-first adoption of bitcoin hits snags

SAN SALVADOR: El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered...

Published 08 Sep, 2021 04:31am

Technology

Remittance costs key to take-up of Salvadoran bitcoin plan: development bank

Bukele has touted bitcoin adoption as a way to facilitate remittance payments from Salvadorans living abroad

Published 25 Aug, 2021 11:07am

Business & Finance

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch

SAN SALVADOR: El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating...

Published 27 Jun, 2021 03:56am

Markets

Bitcoin to become legal tender in El Salvador on Sept 7

According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.

Published 25 Jun, 2021 10:47am

Business & Finance

World Bank rejects El Salvador request for help in adopting bitcoin

WASHINGTON: The World Bank rejected a request from El Salvador for assistance in its bid to adopt bitcoin as a...

Published 18 Jun, 2021 04:16am

Business & Finance

In a world first, El Salvador makes bitcoin legal tender

Converting local currencies to and from bitcoin often relies on informal brokers, while trading often demands technical knowledge.

Published 10 Jun, 2021 12:04pm

World

El Salvador approves law to make bitcoin legal tender

SAN SALVADOR: The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the...

Published 10 Jun, 2021 03:22am

World

El Salvador first country to approve bitcoin as legal tender

El Salvador's main currency is the US dollar
It remains unclear how the country plans to implement bitcoin as a functioning currency

Published 09 Jun, 2021 05:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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Budget 2024-25: income tax calculator for FY25

Nayib Bukele

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