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Print - 2014-03-19
Law ministry mulling shifting IHC to Red Zone

Law ministry mulling shifting IHC to Red Zone

Federal Ministry for Law and Justice has started preparing a summary to consult with Islamabad High Court chief justice on possible shifting of the court to the Red Zone to ensure foolproof security to judges and lawyers. A senior official of the law mini
Published 19 Mar, 2014 12:00am
PAMA rejects newly-drafted Auto Industry Plan 2014-19

PAMA rejects newly-drafted Auto Industry Plan 2014-19

Pakistan Automotive Manufacturers Association (PAMA) has rejected the newly-drafted five-year Auto Industry Plan 2014-19 (ADP 2014-19), saying it is completely contrary to the agreed policy, well informed sources told Business Recorder. An inter-mi
Published 19 Mar, 2014 12:00am
Borrowings from SBP: government required to seek IMF waiver

Borrowings from SBP: government required to seek IMF waiver

The present government would have to seek a waiver from the International Monetary Fund (IMF) - under the $6.4 billion Extended Fund Facility - for its failure to meet the target of borrowings from the State Bank of Pakistan. Official documents available
Published 19 Mar, 2014 12:00am
Missing person: Supreme Court accepts AGP's plea

Missing person: Supreme Court accepts AGP's plea

A three-member bench led by Justice Jawwad S Khawaja on Tuesday accepted the plea of the Attorney General for Pakistan (AGP) and granted him one day to show some progress in a missing person case, observing that court was showing utmost restraint in the m
Published 19 Mar, 2014 12:00am
Strategic reserves: TCP to procure 50,000 tons of sugar monthly

Strategic reserves: TCP to procure 50,000 tons of sugar monthly

Trading Corporation of Pakistan (TCP) will procure some 50,000 tons of sugar from domestic mills every month to maintain strategic reserves. Sources said a fresh tender for procurement of 50,000 tons sugar is being issued by the corporation Wednesday and
Published 19 Mar, 2014 12:00am
Business Plan of Sindh Modaraba discussed

Business Plan of Sindh Modaraba discussed

The Government of Sindh to further strengthen its footprints in financial sector announced in its budget speech in June, 2013 to set-up three separate companies in leasing, modaraba and insurance sectors. This decision was largely conceived on the success
Published 19 Mar, 2014 12:00am
Business Plan of Sindh Modaraba discussed

Business Plan of Sindh Modaraba discussed

The Government of Sindh to further strengthen its footprints in financial sector announced in its budget speech in June, 2013 to set-up three separate companies in leasing, modaraba and insurance sectors. This decision was largely conceived on the success
Published 19 Mar, 2014 12:00am
Banks told to launch drive for realisation of export proceeds

Banks told to launch drive for realisation of export proceeds

The State Bank of Pakistan on Tuesday directed banks to immediately launch a campaign for realisation of overdue export proceeds. As per provisions of Foreign Exchange Regulation Act 1947 and the State Bank's rules & regulations governing timely realisati
Published 19 Mar, 2014 12:00am
KSBL wins 6th CFA Institute Research Challenge

KSBL wins 6th CFA Institute Research Challenge

Karachi School for Business & Leadership (KSBL) won the final of the 6th CFA Institute Research Challenge (IRC) held at Moevenpick Hotel in Karachi. Renowned financial sector professionals belonging to top tier banks, DFI's, AMC's and Brokerage Houses att
Published 19 Mar, 2014 12:00am
Khyber Pakhtunkhwa ready to hold LB polls, Supreme Court told

Khyber Pakhtunkhwa ready to hold LB polls, Supreme Court told

The Supreme Court was informed Tuesday that Khyber-Pakhtunkhwa (KPK) government is ready to hold Local Bodies (LB) polls in the province as it has completed the process of delimitation of constituencies in pursuance of apex court's orders.
Published 19 Mar, 2014 12:00am
3G/4G licences: Prime Minister gives go-ahead for spectrum auction

3G/4G licences: Prime Minister gives go-ahead for spectrum auction

Prime Minister Nawaz Sharif has finally gave a go-ahead for next generation mobile services (3G/4G) spectrum auction to be held on April 23, 2014 to mobilise/generate over $1.5 billion non-tax revenue. Addressing a joint press conference flanked by Chairm
Published 19 Mar, 2014 12:00am
Funfair festival concludes at SU

Funfair festival concludes at SU

The concluding ceremony of a week-long public administration marketing arena (PAMA) fun fair festival was held in the Shaikh Ayaz Auditorium of Arts Faculty Building, University of Sindh (SU) Jamshoro, which stressed the need to promote business culture &
Published 19 Mar, 2014 12:00am
Wah Nobel, Chinese company sign MoU

Wah Nobel, Chinese company sign MoU

An MoU has been inked between Wah Nobel Group of Companies and Gezhouba Explosives Co Ltd, China to set-up an Explosives Factory through a joint venture for mining, energy engineering, infrastructure construction and urban control blasting.
Published 19 Mar, 2014 12:00am
MQM activist case: SHC again seeks reply from Sindh government

MQM activist case: SHC again seeks reply from Sindh government

The Sindh High Court (SHC) on Tuesday once again directed the provincial authorities to submit comments on a petition seeking payment of compensation to the legal heirs of MQM's deceased activist, allegedly tortured to death by the law enforcement agencie
Published 19 Mar, 2014 12:00am
Minister dispels western media reports about Malaysian plane

Minister dispels western media reports about Malaysian plane

Federal Minister for Information and Broadcasting Pervaiz Rashid on Tuesday dispelled the western media reports regarding presence of missing Malaysia passenger plane (MH370) in Pakistan, saying that the missing plane was not in Pakistan and no unusual ac
Published 19 Mar, 2014 12:00am
King of Bahrain arrives on three-day official visit

King of Bahrain arrives on three-day official visit

King of Bahrain, Shaikh Hamad Bin Isa Al Khalifa on Tuesday arrived on a three-day official visit to Pakistan along with a high-level delegation to further strengthen bilateral relations in various fields including trade and investment. Upon his arrival,
Published 19 Mar, 2014 12:00am
Corps Commander visits Diplo medical camp

Corps Commander visits Diplo medical camp

Corps Commander Lieutenant General Sajad Gul visited Pakistan Army medical relief camp at Diplo on Tuesday. Talking to the drought affectees he said that in this tough situation Pak Army is with them. He said that the camps have been set up at each taluka
Published 19 Mar, 2014 12:00am
PWFFP calls for pro-women legislation

PWFFP calls for pro-women legislation

Pakistan Women Foundation for Peace (PWFFP) on Tuesday called for pro-women legislation in line with the Islamic and Constitutional perspectives to elevate the social, economic and political status of the vulnerable section of the society. "We want social
Published 19 Mar, 2014 12:00am
World Sleep Day: Royal Philips announces Sleep Powers initiative

World Sleep Day: Royal Philips announces Sleep Powers initiative

In celebration of World Sleep Day, Royal Philips announced its Sleep Powers initiative for 2014, aimed at encouraging increased awareness and education of the benefits of proper sleep and the important role it plays in powering everything that we do.
Published 19 Mar, 2014 12:00am
TDAP urged to mitigate exporters' problems

TDAP urged to mitigate exporters' problems

Trade Development Authority of Pakistan (TDAP) should try to mitigate the many problems faced by exporters instead of focusing on marketing.
Published 19 Mar, 2014 12:00am
Government making efforts to overcome energy crisis: S M Muneer

Government making efforts to overcome energy crisis: S M Muneer

Newly-appointed Chief Executive of Trade Development Authority of Pakistan (TDAP), S M Muneer, has said that the government is making all-out efforts to overcome power shortage and improve law and order situation to provide conducive environment to busine
Published 19 Mar, 2014 12:00am
'FWBL committed to providing loans to women'

'FWBL committed to providing loans to women'

Charmaine Hidayatullah Acting President and CEO of First Women Bank Ltd said that as a participating bank FWBL is fully committed to providing loans to women as envisaged under the Prime Minister's Youth Business Loans. She was addressing a seminar as Chi
Published 19 Mar, 2014 12:00am
Missing persons' cases: SHC issues notices to officials for comments

Missing persons' cases: SHC issues notices to officials for comments

The Sindh High Court (SHC) on Tuesday issued notice to secretary interior ministry, home secretary, IG Sindh, and other police officials, asking them to submit comments in four missing persons' cases. The petitioner, Shahnaz Kosar, told two-judge bench th
Published 19 Mar, 2014 12:00am
FPCCI's body on Aviation: Polani appointed chairman for sixth time

FPCCI's body on Aviation: Polani appointed chairman for sixth time

Chairman, IATA Agency Programme Joint Council (APJC), Yahya Polani has been nominated as Chairman, Federation of Pakistan Chambers of Commerce and Industry's Standing Committee on Aviation for the sixth time for the year 2014. He is Managing Director of P
Published 19 Mar, 2014 12:00am
Two killed in separate incidents of violence

Two killed in separate incidents of violence

At least two persons were killed in separate incidents of violence in the city, here on Tuesday. According to police and rescue sources, Arif, 25, son of Sharif, was shot and killed by unidentified gunman near Farooq School in Manzoor Colony in the limits
Published 19 Mar, 2014 12:00am
PBEA criticises FPCCI chief's statement

PBEA criticises FPCCI chief's statement

Pakistan Bedwear Exporters Association (PBEA) has castigated the statement of President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zakaria Usman welcoming Finance Minister Ishaq Dar's decision for payment of sales tax refund.
Published 19 Mar, 2014 12:00am
Drought: an alarming situation for government

Drought: an alarming situation for government

I would like to draw the attention of the authorities concerned towards the most "alarming situation of Tharparkar", in Sindh province. Due to drought a lot of people died and suffering diseases because they have no enough facilities available to save the
Published 19 Mar, 2014 12:00am
Canadian fishermen strike Asian gold with geoduck clams

Canadian fishermen strike Asian gold with geoduck clams

From a basket hoisted on the back of his trawler, fisherman Freddy Gutmann proudly picks up a giant geoduck clam fresh from the frigid waters off the north-western Canadian coast. "This one is a great specimen," Gutmann says as sea water gushes from the m
Published 19 Mar, 2014 12:00am
Privatisation: salvation or an incomplete truth

Privatisation: salvation or an incomplete truth

These days with the news of the government's agenda of privatisation many questions are making the rounds; why privatise? Why might privatisation fail? What is needed to make privatisation work? To answer these questions, it is usually argued that governm
Published 19 Mar, 2014 12:00am
Aamna is dead, long live Aamna

Aamna is dead, long live Aamna

Aamna shall die at her own hands it couldn't be her plan of life. But for reasons beyond her control rather early in her life came that defining moment. She walked up to the Mir Hazar Khan police station, set herself on fire and died a day later with her
Published 19 Mar, 2014 12:00am
Milking the consumer

Milking the consumer

According to a report Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbassi is scheduled to chair a meeting of senior officials of Oil and Gas Regulatory Authority (Ogra) and gas companies to finalise recommendations to increase the b
Published 19 Mar, 2014 12:00am
Seminar on energy wastage concludes

Seminar on energy wastage concludes

Small and Medium Enterprise Development Authority (Smeda) in collaboration with multi-donor trust (MDTF) funded Economic Revitalisation of Khyber Pakhtunkhwa and FATA (ERKF) project organised a five-day informative training course on prevention of the was
Published 19 Mar, 2014 12:00am
Country's economy in right direction: Hamza Shahbaz

Country's economy in right direction: Hamza Shahbaz

Pakistan Muslim League-Nawaz leader Hamza Shahbaz on Tuesday said the country's economy is in the right direction, wooing the foreign investors at large from around the world. He was talking to media men at the Central Jail Kot Lakhpat on release of 84 po
Published 19 Mar, 2014 12:00am
Wheat procurement Bosan directs Passco to make farmer-friendly policy

Wheat procurement Bosan directs Passco to make farmer-friendly policy

Federal Minister for National Food Security and Research Sikandar Hayyat Bosan directs Pakistan Agricultural Storage and Services Corporation (Passco) to make its wheat procurement policy 2014 farmer-friendly and eliminate the role of patwari from the pro
Published 19 Mar, 2014 12:00am
Sports festival Shahbaz gives Rs three million to Balochistan

Sports festival Shahbaz gives Rs three million to Balochistan

Punjab Chief Minister Muhammad Shahbaz Sharif has announced Rs three million for Balochistan government to hold sports festival. On the direction of Chief Minister Punjab, a three-member delegation led by Director General Sports Board Punjab, Usman Anwar
Published 19 Mar, 2014 12:00am
Finland envoy visits Lyallpur museum

Finland envoy visits Lyallpur museum

Finland Ambassador in Pakistan Rauly Suikkanen visited Lyallpur Museum here on Tuesday and witnessed historical and cultural items. Training Manager Finish Museum Association Leena Tokila was also present on the occasion. Director Lyallpur Musium Mian Att
Published 19 Mar, 2014 12:00am
About 13.37 million bales reach ginneries: PCGA

About 13.37 million bales reach ginneries: PCGA

The Pakistan Cotton Ginners Association (PCGA) fortnightly report showed on Tuesday that around 13,369,627 cotton bales have to the country's ginneries by March 15th, showing an increase of 4.08 percent against last year when ginneries received 12,845,070
Published 19 Mar, 2014 12:00am
Vision 2025 focuses on seven major things: Ahsan Iqbal

Vision 2025 focuses on seven major things: Ahsan Iqbal

Federal Minister for Planning, Development and Reforms Ahsan Iqbal has said that the government Vision 2025 focuses upon, seven major things including water, energy, food security, economic revival, Education and Human Resources. Addressing the third annu
Published 19 Mar, 2014 12:00am
Khyber Pakhtunkhwa Assembly adopts bills amid resistance from opposition

Khyber Pakhtunkhwa Assembly adopts bills amid resistance from opposition

Khyber Pakhtunkhwa Assembly Tuesday passed three bills amidst strong resistance of the joint opposition criticising the government for bulldozing important legislations in haste on the basis of its majority. The haste they apprehend would badly affect the
Published 19 Mar, 2014 12:00am
Water flows in rivers rise by over 20,000 cusecs

Water flows in rivers rise by over 20,000 cusecs

At a time when the crucial Rabi crops are facing up to 20 percent water shortage in the month of March, the ongoing spell of spring rains has increased running water in the four live rivers by more than 20,000 cusecs largely off-setting the bad effects of
Published 19 Mar, 2014 12:00am
Tax evasion: chemist's office in Islamabad raided

Tax evasion: chemist's office in Islamabad raided

The Directorate General of Intelligence and Investigation, Inland Revenue Tuesday raided the office of a prominent chemist in Blue Area Islamabad, found involved in concealment of medicines, cosmetics and non-duty paid smuggled cigarettes selling record,
Published 19 Mar, 2014 12:00am
Bahrain's minister calls on Fatemi

Bahrain's minister calls on Fatemi

Bahrain's Minister of the Royal Court of His Majesty the King of Bahrain, Sheikh Ahmed Attiullaha Al-Khalifa called on the Special Assistant to Prime Minister, Syed Tariq Fatemi, says a press release issued here on Tuesday. The Special Assistant to the Pr
Published 19 Mar, 2014 12:00am
Still no clues to whereabouts of missing Malaysian airliner

Still no clues to whereabouts of missing Malaysian airliner

The Aviation Authority of Pakistan has found no clue about the whereabouts of a missing Malaysian jetliner as the search for Flight MH370 extended to 26 countries. An official of Civil Aviation Authority (CAA) states that Malaysian Airliner has a huge bod
Published 19 Mar, 2014 12:00am
Situation in Cholistan under control: Rana

Situation in Cholistan under control: Rana

Punjab Law Minister Rana Sanaullah Khan has said that situation in Cholistan is not bad that would compel the people to migrate. The Punjab government is keeping a watchful eye on the overall situation in Cholistan, which is under control, he added.
Published 19 Mar, 2014 12:00am
Dar, Rasheed meet Fazl to discuss ongoing Taliban talks

Dar, Rasheed meet Fazl to discuss ongoing Taliban talks

Jamiat Ulema-e-Islam-Fazl (JUI-F) Spokesperson, Jan Achakzai, has said that Federal Minister for Finance, Ishaq Dar and Information Minister, Pervaiz Rasheed, met JUI-F Chief Maulana Fazalur, here on Tuesday. In a statement, Achakzai said that the Ministe
Published 19 Mar, 2014 12:00am
Fake degree case: PML-N MPA Khan Jatoi disqualified

Fake degree case: PML-N MPA Khan Jatoi disqualified

An election tribunal has declared Pakistan Muslim League-Nawaz (PML-N) MPA Khan Muhammad Khan Jatoi ineligible in the fake degree case. The tribunal has called for re-election in Jatoi's constituency Muzaffargarh PP-259. The MPA had been elected to repres
Published 19 Mar, 2014 12:00am
Mega power plants: Russia offers to increase power generation capacity

Mega power plants: Russia offers to increase power generation capacity

Russia offers Pakistan to increase the power generation capacity of its mega-power plants like Muzaffargarh Thermal-Power Station, to invest in public transport, manufacturing of legal fertilisers and other projects because Russia considers Pakistan an im
Published 19 Mar, 2014 12:00am
Cotton down slightly on thin trade

Cotton down slightly on thin trade

New York-traded cotton ended slightly lower on Monday after a lack of a compelling factors limited trades by market participants, dealers said. "Today's volume was one of the lightest I've seen in weeks," said Sharon Johnson, senior cotton analyst at KCG
Published 19 Mar, 2014 12:00am
Shanghai copper gains

Shanghai copper gains

The most-traded June copper contract on the Shanghai Futures Exchange gained 1.1 percent to 45,050 yuan ($7,300) ($7,200) a tonne on Tuesday as risk assets gained favour on a slight easing of tensions over Crimea, forcing covering of short positions. But
Published 19 Mar, 2014 12:00am
Copper steadies

Copper steadies

Copper steadied on Tuesday as fears eased over the possible unwinding of financing deals using the metal as collateral in China but the country's slowing economy still worried investors and subdued gains. China is the world's top user of copper, with at l
Published 19 Mar, 2014 12:00am
Rubber down

Rubber down

Tokyo rubber futures slipped on Tuesday on stop-loss selling and profit-taking after prices failed to stay above the resistance of 235 yen, but firmness in oil and share prices still lent support, dealers said. The Tokyo Commodity Exchange rubber contract
Published 19 Mar, 2014 12:00am
Wheat drops

Wheat drops

US grain futures dropped on Monday in profit-taking after concerns eased about political upheaval in Ukraine affecting grain shipments. Wheat pulled back after the May contract on Friday rose 2 percent over Ukraine, the world's third largest corn exporter
Published 19 Mar, 2014 12:00am
Palm oil slips

Palm oil slips

Malaysian palm oil futures ended lower for the sixth straight day on Tuesday, stretching its longest losing streak this year, as worries of dry weather eased and weakening demand from top consumers continued to weigh. "The weather stress is easing, produc
Published 19 Mar, 2014 12:00am
ICE cocoa eases

ICE cocoa eases

ICE cocoa eased from Monday's 2-1/2-year high on profit-taking, while arabica coffee edged higher on renewed speculator buying and lingering worry over the extent of drought damage to crops in top grower Brazil. Raw sugar on ICE Futures US inched higher o
Published 19 Mar, 2014 12:00am
Gold drops in New York

Gold drops in New York

Gold prices fell more than 1 percent on Monday, the biggest one-day drop since late January, as a sharp rally in US equities triggered profit-taking after bullion briefly rose to a six-month high earlier in the day. Spot gold was down 1.2 percent at $1,36
Published 19 Mar, 2014 12:00am
Gold down in Asia

Gold down in Asia

US gold futures slipped about 1 percent on Tuesday, hovering below a six-month high hit in the previous session as investors turned cautious ahead of the US Federal Reserve's policy review, but tensions over Crimea could cushion the fall. US gold futures
Published 19 Mar, 2014 12:00am
Gold drops in Europe

Gold drops in Europe

Gold fell 1 percent on Tuesday as European equities rebounded after Russian President Vladimir Putin's latest comments on Crimea lifted appetite for risk, while investors awaited a US Federal Reserve policy meeting. In a speech to a joint session of parli
Published 19 Mar, 2014 12:00am
US MIDDAY: soya rallies

US MIDDAY: soya rallies

Chicago Board of Trade soyabean futures rose 1.9 percent early on Tuesday on technical buying and concerns about light domestic stocks, traders said. Bull spreading was featured. The CBOT May-November spread gained 18 cents on Tuesday, rebounding after gi
Published 19 Mar, 2014 12:00am
US MIDDAY: gold drops

US MIDDAY: gold drops

Gold fell early Tuesday as investors chose riskier assets such as equities after Russian President Vladimir Putin's latest comments eased tensions in Ukraine. Wall Street rallied for a second day, with the S&P moving within 1 percent of record levels afte
Published 19 Mar, 2014 12:00am
1962 war with China: India piqued by report

1962 war with China: India piqued by report

India's defence ministry said Tuesday a controversial report about the country's defeat by China in a brief, bloody 1962 border war would remain classified due to its "sensitive" nature. The comments came after excerpts from the Henderson Brooks Report an
Published 19 Mar, 2014 12:00am
1962 war with China: India piqued by report

1962 war with China: India piqued by report

India's defence ministry said Tuesday a controversial report about the country's defeat by China in a brief, bloody 1962 border war would remain classified due to its "sensitive" nature. The comments came after excerpts from the Henderson Brooks Report an
Published 19 Mar, 2014 12:00am
CIA suspends Iran operations chief

CIA suspends Iran operations chief

The head of the CIA's Iran operations has been suspended after employees complained about his "abusive" management style, The Los Angeles Times reported Mondday, citing unnamed officials Jonathan Bank, a career officer with the spy agency, had been placed
Published 19 Mar, 2014 12:00am
CIA suspends Iran operations chief

CIA suspends Iran operations chief

The head of the CIA's Iran operations has been suspended after employees complained about his "abusive" management style, The Los Angeles Times reported Mondday, citing unnamed officials Jonathan Bank, a career officer with the spy agency, had been placed
Published 19 Mar, 2014 12:00am
NSA can retrieve, replay phone calls

NSA can retrieve, replay phone calls

America's National Security Agency has technology that is capable of recording the phone calls of an entire country and replaying them later, a report based on leaked documents said Tuesday. The Washington Post, citing papers released by the former NSA co
Published 19 Mar, 2014 12:00am
NSA can retrieve, replay phone calls

NSA can retrieve, replay phone calls

America's National Security Agency has technology that is capable of recording the phone calls of an entire country and replaying them later, a report based on leaked documents said Tuesday. The Washington Post, citing papers released by the former NSA co
Published 19 Mar, 2014 12:00am
The Weather

The Weather

The weather report on Tuesday (March 18, 2014) and the forecast for Wednesday (March 19, 2014).

Published 19 Mar, 2014 12:00am
Burj Bank acquisition: SBP allows MCB to commence due diligence

Burj Bank acquisition: SBP allows MCB to commence due diligence

The State Bank of Pakistan (SBP) has allowed MCB Bank to commence due diligence of Burj Bank Limited for proposed acquisition of its 55 percent share. The management of MCB Bank on Tuesday disclosed to its shareholders that the central bank has given an a
Published 19 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
Burj Bank acquisition: SBP allows MCB to commence due diligence

Burj Bank acquisition: SBP allows MCB to commence due diligence

The State Bank of Pakistan (SBP) has allowed MCB Bank to commence due diligence of Burj Bank Limited for proposed acquisition of its 55 percent share. The management of MCB Bank on Tuesday disclosed to its shareholders that the central bank has given an a
Published 19 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
Burj Bank acquisition: SBP allows MCB to commence due diligence

Burj Bank acquisition: SBP allows MCB to commence due diligence

The State Bank of Pakistan (SBP) has allowed MCB Bank to commence due diligence of Burj Bank Limited for proposed acquisition of its 55 percent share. The management of MCB Bank on Tuesday disclosed to its shareholders that the central bank has given an a
Published 19 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Mar, 2014 12:00am
Power plants of Gadani: PPIB, Chinese company sign MoU

Power plants of Gadani: PPIB, Chinese company sign MoU

Private Power Infrastructure Board (PPIB) and M/s China Group Company Limited (CGGC) on Monday signed a Memorandum of Understanding (MoU) for setting up three imported coal-fired plants of 600mw each at Gadani Power Park. Managing Director of PPIB Noor-ul
Published 19 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Mar, 2014 12:00am
Power plants of Gadani: PPIB, Chinese company sign MoU

Power plants of Gadani: PPIB, Chinese company sign MoU

Private Power Infrastructure Board (PPIB) and M/s China Group Company Limited (CGGC) on Monday signed a Memorandum of Understanding (MoU) for setting up three imported coal-fired plants of 600mw each at Gadani Power Park. Managing Director of PPIB Noor-ul
Published 19 Mar, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
Power plants of Gadani: PPIB, Chinese company sign MoU

Power plants of Gadani: PPIB, Chinese company sign MoU

Private Power Infrastructure Board (PPIB) and M/s China Group Company Limited (CGGC) on Monday signed a Memorandum of Understanding (MoU) for setting up three imported coal-fired plants of 600mw each at Gadani Power Park. Managing Director of PPIB Noor-ul
Published 19 Mar, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (March 18, 2014) and for Wednesday (March 19, 2014).
Published 19 Mar, 2014 12:00am
February current account posts $164 million surplus

February current account posts $164 million surplus

The country''s current account balance posted a $164 million surplus in February 2014, mainly due to rising foreign inflows. Economists said the surplus CA balance is a positive sign for the economy as the country''s forex reserves are under pressure due
Published 19 Mar, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
February current account posts $164 million surplus

February current account posts $164 million surplus

The country's current account balance posted a $164 million surplus in February 2014, mainly due to rising foreign inflows. Economists said the surplus CA balance is a positive sign for the economy as the country's forex reserves are under pressure due to
Published 19 Mar, 2014 12:00am
February current account posts $164 million surplus

February current account posts $164 million surplus

The country's current account balance posted a $164 million surplus in February 2014, mainly due to rising foreign inflows. Economists said the surplus CA balance is a positive sign for the economy as the country's forex reserves are under pressure due to
Published 19 Mar, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
Google, Viacom settle YouTube copyright suit

Google, Viacom settle YouTube copyright suit

Google and Viacom announced a settlement Tuesday in a long-running lawsuit claiming the Internet giant's YouTube video-sharing site promoted copyright infringement. "This settlement reflects the growing collaborative dialogue between our two companies on
Published 19 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 18, 2014).

Published 19 Mar, 2014 12:00am
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