Trends - payments - Business Recorder

payments

Sugar export to Afghanistan: Banks directed to ensure 100pc advance payment

Measure aims to enhance transparency and safeguard the timely collection of export payments, particularly in trade with Afghanistan

Updated 02 Oct, 2024 03:05pm

FBR chief issues warning to businesses refusing credit, debit cards payments

Says sealing of business premises would be based on three daily complaints or five weekly complaints from customers

Updated 15 Jun, 2024 06:54pm

Business & Finance

Payments at cattle markets: JazzCash partners with SBP to enable interoperable RAAST QR codes

ISLAMABAD: In a bid to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has...

Published 04 Jun, 2024 06:28am

Payments issue with CPPA-G: Shanghai Electric lodges complaint with PM

ISLAMABAD: Chinese power firm Shanghai Electric has reportedly lodged a complaint against Central Power Purchasing...

Updated 20 Apr, 2024 02:11pm

Pakistan

Mashreq announces three appointments

KARACHI: Mashreq Pakistan has announced appointments of Shamsulhaq Niaz as the Chief Digital Officer and Head of...

Published 19 Apr, 2024 05:07am

Business & Finance

NayaPay, Alipay+ to boost payments in Pakistan

ISLAMABAD: NayaPay, a rapidly growing financial platform, has partnered with Alipay+, a cross-border digital ...

Published 25 Jan, 2024 04:23am

Determination in first arbitration award: SHPL: CPPA-G/ NTDC advised to fulfil payment commitment

ISLAMABAD: The Attorney General Office has advised CPPA-G/NTDC to honour payment of amounts to Star Hydro Power...

Updated 08 Jan, 2024 11:47am

Business & Finance

Higher markup payments challenge persists: MoF

ISLAMABAD: The challenge of higher markup payments persists, so stated the Finance Ministry while emphasizing both...

Published 28 Dec, 2023 04:52am

Hubco asks CPPA-G to pay Rs13.4bn dues

ISLAMABAD: M/s Hub Power Company (Hubo) has demanded Central Power Purchasing Agency –Guaranteed (CPPA-G) to pay Rs...

Updated 16 Dec, 2023 09:14am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

Higher markup payments will continue to pose big challenges: MoF

ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for...

Updated 01 Nov, 2023 09:59am

Ministries, Divisions: Direct payment through SBP linked to prior approval

ISLAMABAD: Finance Division has barred all Ministries/ Divisions from direct payment through State Bank of Pakistan...

Updated 13 Jul, 2023 09:32am

Business & Finance

Payment made in Chinese currency: govt

ISLAMABAD: Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese...

Published 13 Jun, 2023 06:00am

Business & Finance

Pakistan point-of-sale payments slump after protest violence

KARACHI: Point-of-sale transactions routed through Pakistan’s main digital payment systems fell by around 50% the...

Published 11 May, 2023 05:15pm

CPEC power projects: China concerned over payment issues

Chinese government through Pakistan’s embassy in Beijing and its own embassy in Islamabad has raised this issue at all forums

Updated 06 Mar, 2023 11:39am

Pakistan

MoF says ‘stop payments’ news fake

ISLAMABAD: The Finance Ministry has rejected as completely false the rumours that government has instructed to stop...

Published 27 Feb, 2023 06:17am

Opinion

Mastering the art of saving and income

Mastering the art of saving is about more than just setting aside a portion of your paycheck. It requires a solid...

Published 12 Jan, 2023 06:20am

Business & Finance

BMP urges govt to ensure payments for renewable energy in PKR

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has suggested the...

Published 03 Oct, 2022 06:45am

Business & Finance

Western Union rolls out services with Bank Alfalah

ISLAMABAD: Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced...

Published 28 Apr, 2022 06:10am

Business & Finance

KTBA calls FBR's digital payments measure 'anti-business, contradictory'

Writes letter to FBR chairman, argues provision of law is anti-business; sans due diligence and is incorporated without taking the stakeholders into confidence

Updated 25 Oct, 2021 08:58pm

Business & Finance

EFU Life partners with Kuickpay to facilitate payments

KARACHI: EFU Life has partnered with Kuickpay to offer premium collection service using Kuickpay enabled 1Link bill...

Published 25 Oct, 2021 07:06am

Business & Finance

SBP directs banks, regulated entities to digitise corporate payments

In order to monitor the progress, the SBP has advised banks to submit a roadmap of implementing these measures within 30 days

Published 15 Oct, 2021 04:25pm

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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