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Salaried individuals: AGPR to upgrade SAP module to avoid lengthy refund processes

ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Accountant General Pakistan Revenues...

Updated 18 Nov, 2024 03:00pm

Business & Finance

‘SAP playing key role in driving digital transformation in Pakistan’

KARACHI: Instead of causing widespread job losses, the use of Artificial Intelligence will create new job...

Published 14 Sep, 2024 06:52am

Deductions, tax credits to salaried class, pensioners: FTO directs FBR, AGPR and AG Sindh to allow adjustment

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR), Accountant General of...

Updated 04 Aug, 2024 10:10am

Business & Finance

DAOs inform FTO: No guidelines for adjustment of taxes withheld from salaries

LAHROE: District Accounts Offices (DAOs) have informed the Federal Tax Ombudsman (FTO) that the FBR field formations...

Published 20 Jul, 2024 05:34am

Business & Finance

Tapal Tea transits from SAP S/4HANA On-premise to RISE with SAP

KARACHI: Tapal Tea enters a strategic collaboration and moves towards digital transformation by transitioning from...

Published 18 Apr, 2024 03:24am

Business & Finance

SAP and K-Electric join hands

KARACHI: K-Electric has decided to upgrade it SAP platform to S/4HANA Rise which is a Cloud Computing SAP software....

Published 23 Jan, 2024 05:14am

Business & Finance

FFC successfully hosts 1st Physical SAP User Group Pakistan event

ISLAMABAD: Fauji Fertilizer Company Limited (FFC) proudly hosted the inaugural Physical SAP User Group Pakistan...

Published 13 Jan, 2024 05:38am

SAP: govt disburses Rs409bn

ISLAMABAD: The federal government is said to have allocated/ disbursed Rs409 billion with the highest Rs116 billion...

Updated 06 Jan, 2024 05:19pm

Execution of schemes: ECC approves Rs1.016bn TSG for Petroleum Division

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs1.016 billion...

Updated 03 Aug, 2023 09:16am

Energy ministry (PD): ECC approves Rs2.275bn TSG for uplift schemes’ execution

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Technical Supplementary Grant (TSG)...

Updated 30 Jul, 2023 09:55am

Business & Finance

Digital transformation journeys: ‘SAP committed to support Pakistan govt, businesses’

KARACHI: SAP’s Senior Vice President Middle East and North Africa, Ahmed Al-Faifi, has reiterated SAP’s...

Published 17 Jun, 2023 06:13am

World

Chinese delegation to meet with Germany’s top corporate brass next week

FRANKFURT/BERLIN: A Chinese delegation led by Premier Li Qiang will meet Germany’s top CEOs next week as part of a...

Published 16 Jun, 2023 05:48pm

Technology

SAP faces profit repatriation challenges, but wants to look at ‘silver lining’ in Pakistan

Ahmed Al-Faifi, Senior Vice President and MD Middle East and North Africa of enterprise software firm SAP, said his...

Published 15 Jun, 2023 10:31pm

Sustainable Development Achievement Goals Programme: ECC approves Rs27bn supplementary grants

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved over Rs 27 billion supplementary...

Updated 08 Jun, 2023 09:34am

ECC informed: Spending on MPs’ schemes under SAP hits Rs111bn mark

ISLAMABAD: With the approval of an additional Rs20 billion by the Economic Coordination Committee (ECC) amid tight...

Updated 25 May, 2023 08:48am

Business & Finance

SAP, Imtiaz Supermarket collaborate for seamless operations

KARACHI: The SAP has joined hands with the biggest retail chain, Imtiaz Supermarket for seamless operations of the...

Published 18 Apr, 2023 06:21am

World

Germany’s Scholz in India to press on EU trade deal

NEW DELHI: German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the...

Published 25 Feb, 2023 02:44pm

Uplift schemes in Cantt Boards: ECC approves Rs450m grant for defence ministry

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant...

Updated 12 Feb, 2023 09:43am

Technology

German software giant SAP to cut 3,000 jobs

FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of...

Published 26 Jan, 2023 02:49pm

Technology

Country witnessing rising trend of cloud adoption: SAP

KARACHI: Saquib Ahmad, the Country Managing Director of SAP Pakistan, on Wednesday said that Pakistan is ...

Published 26 Jan, 2023 05:58am

Business & Finance

Ismail Industries signs contract with SAP

ISLAMABAD: The Ismail Industries Limited, one of the major Pakistani confectionery and snack food manufacturers, has...

Published 22 Dec, 2022 05:57am

Provinces’ power sector schemes: Rs8.11bn approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the allocation of Rs8.109 billion...

Updated 04 Dec, 2022 09:57am

Technology

SAP country managing director upbeat over Pakistan's SME sector

Says his company identified Pakistan as growth market in 2017

Updated 02 Nov, 2022 08:47pm

ECC approves Rs17bn grant for SAP

ISLAMABAD: A special meeting of the Economic Coordination Committee (ECC) of the cabinet has approved Rs17 billion...

Updated 18 Oct, 2022 09:42am

Business & Finance

MD SAP apprise impact, contribution of SAP’s operations in Pakistan

ISLAMABAD: Saquib Ahmad, Country Managing Director, SAP Pakistan, held a media meet-up to apprise the press of the...

Published 24 Sep, 2022 03:49am

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

Markets →

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