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INVESTMENT

Palestine and Kashmir: Unified stance testifies close ties with Malaysia

ISLAMABAD: Leader of the House in Senate Dr Shahzad Waseem Monday said that unified stance on Palestine and Kashmir...

Published 25 May, 2021 04:40am

Pakistan

Govt urged for finalizing upcoming budget in consultation with chambers, trade bodies

He said that 17 percent GST was a major factor for high cost of doing business and hike in inflation for the common man.

Published 19 May, 2021 08:35pm

Business & Finance

Ex- State Minister says intl companies keen to invest billions in Pakistan

Ghuman said that after decades a number of international investors including Canadian National Railway Company, Deutsche Bahn (Germany), Korean, Japanese, and USA companies are ready to commit to investing in Pakistan.

Published 19 May, 2021 11:36am

Business & Finance

Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus

Hyundai's announcement comes as U.S. President Joe Biden's administration prioritized a push toward electric cars, aiming to replace the 650,000 vehicles in federal fleets with U.S.-made electric vehicles.

Published 15 May, 2021 10:06am

Business & Finance

Govt says multi-billion dollars Qatari investment not diverted to Bangladesh

Earlier, local media reports said that Pakistan and Qatar authorities had negotiated $5 billion investment projects in Pakistan but they could not be materialized.

Published 12 May, 2021 11:19am

Pakistan

PM Khan to leave on three-day official visit to Saudi Arabia today

During the visit, the PM will hold discussions with the Saudi leadership on key issues including economic, trade, investment, energy and job opportunities for the Pakistani workforce
A number of bilateral agreements and MoUs are expected to be signed during PM Imran's visit

Published 07 May, 2021 12:38pm

Pakistan

Pakistan looking forward to strengthen trade, investment ties with US

He said that Pakistan and the US enjoy long-term, broad-based and multi- dimensional relationship.

Published 05 May, 2021 05:00pm

World

EU beefs up powers to control China investment

The new rules, once approved by member states and European Parliament, will give EU competition authorities new abilities to probe foreign companies seeking to snap up EU companies or public contracts.

Published 05 May, 2021 04:10pm

Supplements

World IPR Day: Rabab Sikander Director General Directorate of IPR Enforcement

TEXT: The Directorate General of IPR Enforcement was established to strengthen IPR controls on borders for...

Published 05 May, 2021 04:01am

Business & Finance

Pakistan, Hungary discuss trade and investment related issues

ISLAMABAD: Peter Szijjarto, Minister of Foreign Affairs & Trade, Hungary, called on Abdul Razak Dawood, Advisor...

Published 01 May, 2021 03:28am

Pakistan

Pakistan further eased investment policy to benefit investors, says FM Qureshi

Foreign minister says Hungarian FM's visit will mark a new era in the bilateral economic relationship
Hungary attaches special importance to this region because of cultural and historical similarities as well as the security reasons: Szijjarto

Published 30 Apr, 2021 11:38am

Business & Finance

4G network: Jazz invests Rs14.6bn in 1Q2021

ISLAMABAD: Jazz invested Rs 14.6 billion, as 4G network investment continued to be the principal focus with...

Updated 30 Apr, 2021 10:31am

Business & Finance

Pakistan's economy projected to rebound this year: ADB

Assuming the COVID-19 vaccine rollout is successful and economic stabilization measures are implemented, growth is expected to accelerate to 4pc in 2022 with improved consumption and investor confidence.

Published 28 Apr, 2021 10:57am

World

Turkish crypto exchange founder vanishes with reported $2bn

ISTANBUL: Turkish prosecutors on Thursday launched an investigation after the Istanbul-based founder of a...

Updated 23 Apr, 2021 10:04am

Business & Finance

Pakistan’s packaging co to invest billions of rupees in capacity expansion

The company informed that the project shall be financed primarily with a mix of debt and internal cash generation and is expected to start commercial operation during the first half of 2023.

Published 21 Apr, 2021 02:08pm

World

Philippines' Duterte lifts ban on new mining deals

Duterte is facing growing criticism over his handling of the pandemic that has crippled the economy and thrown millions out of work.

Published 15 Apr, 2021 04:54pm

Supplements

Guard Agricultural Research & Services: Leader in demand-drivenresearch in agriculture

Shahzad Malik (SI), Chief Executive Guard Agriculture Research & Services (Pvt.) Ltd Pakistan &...

Published 14 Apr, 2021 03:22am

Business & Finance

Pakistan's trucking marketplace Truck It In raises $1.5M in pre-seed

Pakistan's Truck It In raised one of the largest pre-seed investments of $1.5 million in the Middle East, North Africa & Pakistan region for its trucking marketplace.

Published 13 Apr, 2021 02:48pm

Pakistan

Pakistan wishes more economic linkages with Germany: FM

Qureshi thanked Germany for supporting Pakistan at FATF and also its support to grant EU GSP Plus status to Pakistan.

Published 12 Apr, 2021 06:34pm

Pakistan

Govt pursuing economic diplomacy to attract investment: FM

Qureshi said Pakistan is an emerging market of two hundred and twenty million people where plenty of investment opportunities exist.

Published 12 Apr, 2021 06:25pm

CCP says govt should deregulate sugar prices

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a "Policy Note" recommending that instead of...

Published 11 Apr, 2021 05:27am

Opinion

The fear of accountability

Accountability is something people do fear. Bureaucrats, politicians, businesspeople and others appear to be in the...

Published 10 Apr, 2021 04:35am

Business & Finance

Russian co intends to setup desalination, waste-to energy project in Karachi

The delegation was briefed about various incentives offered to enterprises in Special Economic Zones (SEZs) and encouraged them to establish operations in SEZs located in Sindh.

Published 09 Apr, 2021 12:31pm

Business & Finance

RCEP to improve Pakistan's Trade & Investment Potential Manifold: PRIME

PRIME’s latest report timely informs of a window of opportunity - the Regional Comprehensive Economic Partnership (RCEP) - offering immense trade and investment potential.
Joining RCEP can trigger Pakistan’s untapped potential in various domains such as ICT services, mobile manufacturing, health and pharmaceutical sector, agricultural commodities, geographical diversification of export, investment diversification, and trade and investment policy.

Updated 08 Apr, 2021 06:03pm

World

Iraq PM seeks closer trade ties on Saudi visit

RIYADH: Saudi Arabia’s crown prince hosted Iraq’s Prime Minister Mustafa al-Kadhemi in Riyadh on Wednesday, as...

Updated 01 Apr, 2021 09:09am

Business & Finance

Pakistan-based fintech SadaPay raises $7.2M in seed

SadaPay closes the largest seed round of $7.2 million ever raised by a startup in Pakistan.

Updated 31 Mar, 2021 01:27pm

Business & Finance

China's smartphone maker Xiaomi to invest $10bn in electric vehicles

Global carmakers are pegging hopes on an increasingly electric future, with China at the forefront as a customer base and manufacturing hub.

Published 30 Mar, 2021 06:58pm

BR Research

Interview with Abdul Razak Dawood, Adviser for Commerce and Investment – Ministry of Commerce

“Industries cross-subsidizing very cheap electricity to the domestic sector” In this interview with BR ...

Published 29 Mar, 2021 07:45am

Business & Finance

Trusted online marketplace: InstaMall secures pre-seed funding

KARACHI: InstaMall, a premier online marketplace, has secured pre-seed funding to build out a trusted online...

Published 27 Mar, 2021 05:41am

World

EU nations rebuke China envoys over retaliatory sanctions

PARIS: France, Germany and other EU nations called in Chinese ambassadors on Tuesday to protest at sanctions imposed...

Published 24 Mar, 2021 05:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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