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DRAP

Pharma sector has potential to fetch foreign exchange for country thru exports: PPMA

LAHORE: The Pakistan pharmaceutical industry has the potential to fetch precious foreign exchange through exports of...

Published 28 Nov, 2023 04:56am

ECC for taking provinces on board for revising drug prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Health...

Updated 25 Nov, 2023 05:35pm

Pakistan

FIR registered against ex-CEO DRAP

ISLAMABAD: The Federal Investigation Agency (FIA) Islamabad has registered an FIR against ex-CEO Drug Regulatory...

Published 24 Nov, 2023 05:29am

Business & Finance

Pharma Bureau seeks ‘CPI-adjusted’ prices for medicines

KARACHI: The Pharma Bureau, representative body of multinational pharmaceutical companies in Pakistan, has urged the...

Published 23 Nov, 2023 03:19am

Business & Finance

16pc-60pc hike in prices of various drugs witnessed

ISLAMABAD: The prices of various medicines have witnessed an increase of 16 percent to 60 percent in the market,...

Published 22 Nov, 2023 05:48am

Editorials

Drap drugged, again!

EDITORIAL: Now that pharmacies have been caught charging up to five times more than the maximum retail price (MRP)...

Published 21 Nov, 2023 06:01am

Business & Finance

Target set to enhance pharmaceutical exports to $1bn in FY24: DRAP

KARACHI: The government, along with all stakeholders of the sector, has set a target to enhance pharmaceutical...

Published 17 Nov, 2023 06:06am

Editorials

The bane of counterfeit drugs

EDITORIAL: What has happened in Punjab is beyond shocking. Several diabetes patients seeking treatment for retinal...

Published 28 Sep, 2023 05:33am

Pakistan

Incidents of loss of vision: DRAP says investigating cancer drug distributors

LAHORE: Government said on Monday it was investigating two local distributors of Swiss pharmaceutical company...

Published 26 Sep, 2023 06:33am

Pakistan

Alarming increase of dengue cases: Federal govt starts coordination with provinces

ISLAMABAD: Following an alarming increase of dengue cases countrywide which stood at 6,274, the federal government...

Published 16 Sep, 2023 03:03am

Pakistan

PM wants to provide uniform health facilities: Minister

LAHORE: Prime Minister of Pakistan Anwar-ul-Haq Kakar wants to provide better health facilities to the people, and...

Published 05 Sep, 2023 06:22am

Pakistan

Violations of rules: Health ministry seeks explanation from DRAP

ISLAMABAD: The Ministry of National Health Services and Regulations while taking serious notice of the violation of...

Published 27 Jul, 2023 06:26am

Country aims $1bn pharma exports by 2025, says Qamar

ISLAMABAD: Federal Minister of Commerce Syed Naveed Qamar said Wednesday that Pakistan’s objective is to increase...

Updated 13 Jul, 2023 09:35am

22pc interest rate inimical to business activities: PM

ISLAMABAD: Prime Minister Shehbaz Sharif Wednesday acknowledged that with a 22 percent rate of interest, no business...

Updated 13 Jul, 2023 10:33am

Govt agencies allowed to import pharma raw material

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to amend the Import Policy Order...

Updated 26 Jun, 2023 09:16am

Editorials

The menace of counterfeit drugs

EDITORIAL: It has been a serious public health threat for decades. A large number of the medicines circulating in...

Published 27 May, 2023 06:09am

Editorials

Finally, DRAP yields

EDITORIAL: Finally, the Drug Regulatory Authority of Pakistan (DRAP) has allowed pharmaceutical companies to ...

Updated 25 May, 2023 07:06am

Business & Finance

DRAP allows drug makers to hike prices

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has allowed pharmaceutical companies to increase 14...

Published 20 May, 2023 05:59am

Business & Finance

Drugs/biologicals: PKR slide, rising inflation led to hike in MRPs, ECC told

ISLAMABAD: An excessive depreciation of the rupee and “hyperinflation” led to an increase in the Maximum Retail...

Published 06 May, 2023 06:23am

Hike in prices of essential drugs approved by ECC

ECC approves Ministry of National Health Services summary for an increase based on the recommendations of the Policy Board of DRAP in the wake of the devaluation of the rupee and inflation

Updated 29 Apr, 2023 11:37am

Pakistan

Utilising Roosevelt Hotel: ECC forms committee to negotiate with New York City

Will hold talks with city government and the Hotel Union to utilise premises over a period of three years for migrant business at $200 per room per day, according to Finance Division's statement

Updated 28 Apr, 2023 08:39pm

Editorials

Drug price challenge

EDITORIAL: It seems that the government has still not learned that rejecting any increase in prices of medicines to...

Published 15 Apr, 2023 06:19am

Remdesivir 100mg price: Ministry directed not to further liaise with HC in BD

ISLAMABAD: The government has directed Ministry of National Health Services, Regulations and Coordination not to...

Updated 29 Mar, 2023 09:05am

Business & Finance

Dollar-rupee fluctuation: Importers demand across-the-board hike in drug prices

KARACHI: Pakistan is facing an extreme shortage of imported medical products such as those related to general...

Published 21 Mar, 2023 06:29am

Business & Finance

Pharma industry unilaterally decides to increase prices

ISLAMABAD: The local pharmaceutical industry on Monday expressed serious concerns over the imposition of ‘Super...

Published 07 Feb, 2023 06:07am

Paracetamol: govt to allow increase in price

ISLAMABAD: The government is all set to increase the price of paracetamol tablets on demand of manufacturers of...

Updated 01 Feb, 2023 09:24am

Business & Finance

Drug registration: DRAP all set to digitize its systems by year-end

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) is all set to digitize its entire systems by the end of ...

Published 28 Jan, 2023 06:20am

Editorials

‘Serious humanitarian crisis’ looming

EDITORIAL: The government’s disregard for the pharmaceutical sector crisis that is upon us, even though it took a...

Published 14 Jan, 2023 06:22am

Business & Finance

Pharmaceutical industry meets 95pc of country’s needs: PPMA

LAHORE: The Pakistan pharmaceutical industry currently meets 95% of the country’s medicine requirements, country...

Published 08 Nov, 2022 05:56am

IPR violations: OICCI calls for ‘heavy penalties’

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of over two hundred top...

Published 18 Oct, 2022 06:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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