Trends - Overseas Pakistanis - Business Recorder

Overseas Pakistanis

Aleema says IK may ask expats to halt remittances

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan has said he would call overseas Pakistanis to...

Updated 18 Dec, 2024 02:43pm

FBR imposes new condition on overseas Pakistanis

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a new condition on overseas Pakistanis to obtain approval...

Updated 02 Dec, 2024 02:18pm

Overseas Pakistanis: Centre, provinces to work together to resolve issues: PM

LAHORE: Prime Minister Shehbaz Sharif has said that the federal and provincial governments would work together to...

Updated 02 Dec, 2024 08:51am

Pakistan

NA body told: ‘Public Grievances Management Policy’ approved to resolve complaints of overseas Pakistanis

ISLAMABAD: Ministry of Parliamentary Affairs informed the National Assembly Standing Committee on Parliamentary...

Published 23 Nov, 2024 06:19am

Pakistan

Overseas Pakistanis: OPF distributes cheques among 513 destitute families

ISLAMABAD: Syed Qamar Raza, Chairman of the Board of Governors of the Overseas Pakistanis Foundation (OPF),...

Updated 21 Nov, 2024 08:06am

Business & Finance

$3bn remittances in Oct: highest monthly inflow in FY25 so far

KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ...

Published 09 Nov, 2024 06:36am

Pakistan

Overseas Pakistanis: President signs bill for creation of special courts

ISLAMABAD: President of Pakistan Asif Ali Zardari has signed a bill establishing special courts for property matters...

Published 31 Oct, 2024 06:18am

Pakistan

CDA Board key decisions on overseas Pakistanis’ refunds, other issues

ISLAMABAD: The Capital Development Authority (CDA) Board, on Tuesday, approved key decisions on overseas...

Updated 30 Oct, 2024 07:33am

Editorials

Rise in home remittances

EDITORIAL: The State Bank of Pakistan website revealed a 39 percent rise in remittance inflows for the first quarter...

Published 14 Oct, 2024 07:00am

Over 3.27m Pakistanis sent abroad in 5 years

ISLAMABAD: More than 3.27 million Pakistanis, which roughly make 1.3 percent of the country’s total population, have...

Updated 07 Sep, 2024 03:14pm

Pakistan

At least 35 Pakistani pilgrims killed, several injured after bus overturns in Iran’s Yazd

At least 35 Pakistani pilgrims were killed and 15 injured in a bus accident in Iranian city of Yazd. The accident...

Updated 21 Aug, 2024 10:31pm

Pakistan

Senate panel for addressing grievances of overseas Pakistanis

ISLAMABAD: Following complaints against problems such as land-grabbing and police corruption in the country by...

Published 14 Aug, 2024 06:40am

Business & Finance

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Pakistan

FO in contact with US on Pakistani man charged with alleged ties to Iran

Says before giving Pakistan's formal reaction 'we also need to be sure of the antecedents of the individual in question'

Updated 07 Aug, 2024 03:23pm

Pakistan

Governor vows to help resolve issues facing overseas Pakistanis

LAHORE: Announcing to play every possible role in extending facilities to the overseas Pakistani investors, Punjab...

Published 07 Aug, 2024 07:52am

Editorials

Declining standards within the diaspora

EDITORIAL: The highly disturbing picture that emerged during a recent hearing of the Senate Standing Committee on...

Published 03 Aug, 2024 06:46am

Pakistan

Senate body concerned over neglect of human resources sectors

ISLAMABAD: The Senate Standing Committee on Overseas Pakistanis and Human Resource Development held a meeting on...

Published 31 Jul, 2024 06:40am

Pakistan

Minister for adopting latest technologies

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal has emphasised the need for adopting the latest...

Published 27 Jul, 2024 07:16am

Pakistan

No passport for asylum seekers: Govt reverses its policy decision

ISLAMABAD: Pakistan on Monday reversed its earlier policy decision with immediate effect in which it was decided not...

Updated 23 Jul, 2024 08:44am

Business & Finance

FTO says overseas Pakistanis entitled to import vehicles under IPO

ISLAMABAD: The overseas Pakistanis are entitled to import vehicles under personnel baggage scheme, transfer of...

Published 20 May, 2024 05:44am

Pakistan

Early setup of body ordered: PM decides to reform Ministry of Overseas Pakistanis, NAVTTC

ISLAMABAD: Prime Minister Shehbaz Sharif has decided to reform the Ministry of Overseas Pakistanis and Human ...

Published 09 May, 2024 03:11am

Opinion

KSA and Pakistan: transforming ties

Pakistan and Kingdom of Saudi Arabia (KSA) appear to have finally decided to put their so-called fraternal relations...

Published 05 May, 2024 02:54am

Markets

Pakistan’s remittances jump to $3bn in March, up 31.3% MoM

On year-on-year basis, inflow increases 16.4%

Updated 08 Apr, 2024 10:09pm

Business & Finance

Bank AL Habib and ACE Money Transfer partner again to empower overseas Pakistanis

LAHORE: Understanding the crucial role remittances play in Pakistan’s economic well-being, especially during the...

Published 01 Apr, 2024 05:34am

Markets

Pakistan’s remittances clock in at $2.25bn in February, up 13% YoY

However, inflows decrease 6% on a monthly basis

Updated 08 Mar, 2024 11:36pm

Pakistan

Overseas Pakistanis: DIB & DHA City Karachi sign MoU

KARACHI: Dubai Islamic Bank (DIB) Pakistan and DHA City signed a Memorandum of Understanding (MoU) to become the...

Published 28 Feb, 2024 06:10am

Pakistan

Begging abroad: Action plan formulated to cross-check identities

ISLAMABAD:A meeting of the Sub-Committee of the Senate Standing Committee on Overseas Pakistanis and Human Resource...

Published 17 Feb, 2024 05:51am

Business & Finance

Most FBR representations against FTO rejected

ISLAMABAD: President Arif Alvi has rejected most of the representations filed by the Federal Board of Revenue (FBR)...

Published 16 Feb, 2024 06:02am

Business & Finance

Jan remittances up 0.6pc to $2.397bn MoM

KARACHI: The country received worker’s remittance inflows of $ 2.4 billion during January 2024. The State Bank of...

Published 13 Feb, 2024 05:59am

Markets

Pakistan’s remittances clock in at $2.4bn in January, up 26% YoY

However, inflow increase only 1% on a monthly basis

Updated 12 Feb, 2024 10:40pm

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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