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Print - 2015-02-11
Shanghai copper unchanged

Shanghai copper unchanged

The most-traded April copper contract on the Shanghai Futures Exchange ended unchanged at 41,320 yuan ($6,619) a tonne on Tuesday. "I am a bit surprised that copper didn't weaken more given the trade numbers we got over the weekend. It really shows that t
Published 11 Feb, 2015 12:00am
Copper falls on renewed worries over China growth

Copper falls on renewed worries over China growth

Copper fell on Tuesday as worries over China's economic growth and the outlook for demand resurfaced, though losses were limited by supply disruptions. China's annual consumer inflation hit a five-year low in January, underscoring persistent economic weak
Published 11 Feb, 2015 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures ended down 1 percent on Tuesday as weaker oil prices prompted some profit-taking following a 2.5 percent jump a day earlier. Tokyo Commodity Exchange (TOCOM) futures on Monday got support from strong oil prices and rose to n
Published 11 Feb, 2015 12:00am
Corn and soya rise on short-covering

Corn and soya rise on short-covering

US corn and soyabean futures edged higher on Monday, lifted by investor short-covering and position-squaring ahead of the monthly US Department of Agriculture supply and demand report due on Tuesday. The USDA said earlier that top soyabean importer China
Published 11 Feb, 2015 12:00am
Palm oil lower

Palm oil lower

Malaysian palm oil futures ended lower on Tuesday, giving up gains in the earlier session as traders fretted about poor appetite for the tropical oil, although tighter stocks in the world's No 2 grower curbed losses. Despite the weak ringgit, which has ma
Published 11 Feb, 2015 12:00am
Sugar steadies, cocoa dips

Sugar steadies, cocoa dips

Raw sugar futures on ICE steadied on Tuesday on spread trading ahead of the March contract's expiry, while New York arabica coffee and cocoa eased under pressure from a stronger dollar. ICE March raw sugar futures traded down 0.01 cent, or 0.1 percent, at
Published 11 Feb, 2015 12:00am
Gold soars in New York

Gold soars in New York

Gold edged up from the previous session's three-week low on Monday, as European equities were hurt by soft Chinese trade data and worries about Greece. Spot gold gained 0.7 percent to $1,241.43 an ounce by 2:46 pm EST (1946 GMT). The metal on Friday poste
Published 11 Feb, 2015 12:00am
Gold extends gains in Asia

Gold extends gains in Asia

Gold extended gains to a second straight session on Tuesday as worries over Greece's future in the eurozone and a decline in global equities supported the safe-haven metal. Spot gold rose 0.3 percent to $1,243.05 an ounce by 0733 GMT, after gaining 0.5 pe
Published 11 Feb, 2015 12:00am
Gold dips in Europe

Gold dips in Europe

Gold dipped on Tuesday as an uptick in the dollar offset the supportive impact of concerns over Greece's future in the euro zone and fears over escalating violence in Ukraine, which hurt risk appetite. A 0.2 percent rise in the dollar against its currency
Published 11 Feb, 2015 12:00am
Russian firms could take part in Egypt's grain silo plan

Russian firms could take part in Egypt's grain silo plan

Egypt, the world's largest wheat importer, is considering building an 8 million tonne grain silo, and Russian companies could take part, Russian Agriculture Minister Nikolai Fyodorov said. Egypt and Russia have long discussed co-operating over the constru
Published 11 Feb, 2015 12:00am
US MIDDAY: corn down from three-week high

US MIDDAY: corn down from three-week high

US corn, soyabeans and wheat fell as much as 1 percent on Tuesday as investors adjusted positions ahead of US government crop estimates, due at midday, that should confirm ample global grain supply. Agricultural futures at the Chicago Board of Trade also
Published 11 Feb, 2015 12:00am
Gold eases

Gold eases

Gold prices eased early on Tuesday as a rise in the dollar offset the supportive impact of concerns over Greece's future in the euro zone and fears over escalating violence in Ukraine, which hurt risk appetite. A 0.2 percent rise in the dollar against its
Published 11 Feb, 2015 12:00am
Oil falls sharply as IEA expects inventories to rise

Oil falls sharply as IEA expects inventories to rise

Crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that ample supplies will raise global inventories before investment cuts begin to significantly dent production. Oil stockpiles in memb
Published 11 Feb, 2015 12:00am
'Steps being taken to protect women against violence'

'Steps being taken to protect women against violence'

Provincial Minister for Women Development Hameeda Waheed-ud-Din, Home Minister Colonel Shuja Khanzada (Retd) and Minister for Population Welfare Zakia Shahnawaz have said that government is taking all possible steps for protection of women against violenc
Published 11 Feb, 2015 12:00am
10,000 megawatts to be inducted into system in three years: Asif

10,000 megawatts to be inducted into system in three years: Asif

Federal Minister for Water and Power Khawaja Muhammad Asif said that the government has planned to induct about 10,000 MW of electricity from coal and gas sources in another three years. He said that the government is particularly focusing on addition of
Published 11 Feb, 2015 12:00am
Recruitments of doctors: four teams constituted

Recruitments of doctors: four teams constituted

The Punjab government has decided to constitute four teams at Lahore, Multan, Rawalpindi and Faisalabad regions for recruitments of specialist doctors on vacant posts. Principal of medical college will be head of the team whereas professors of concerned d
Published 11 Feb, 2015 12:00am
Abbott Pakistan

Abbott Pakistan

Being part of the global healthcare corporation of Abbott Laboratories, Chicago, USA, the company maintains presence in over 130 countries world-wide. It started operating as a marketing affiliate in 1948. The company runs two manufacturing facilities, on
Published 11 Feb, 2015 12:00am
Abbott Pakistan

Abbott Pakistan

Being part of the global healthcare corporation of Abbott Laboratories, Chicago, USA, the company maintains presence in over 130 countries world-wide. It started operating as a marketing affiliate in 1948. The company runs two manufacturing facilities, on
Published 11 Feb, 2015 12:00am
LHC summons SHO, ETPB administrator on February 13

LHC summons SHO, ETPB administrator on February 13

The Lahore High Court here on Tuesday summoned Old Anarkali SHO and Evacuee Trust Property Board (ETPB) administrator on February 13 in person after the board expressed its inability to have any force or mechanism to get its property evacuated from illega
Published 11 Feb, 2015 12:00am
OGDCL sells 325 vehicles on throwaway prices: PAC informed

OGDCL sells 325 vehicles on throwaway prices: PAC informed

Public Accounts Committee (PAC) on Tuesday was informed that Oil & Gas Development Company Limited (OGDCL) disposed of 325 expensive vehicles on throwaway prices to its employees. The committee headed by Syed Khurshid Shah took up a question moved by the
Published 11 Feb, 2015 12:00am
National Assembly body proceedings marred by Zahid-Sher brawl

National Assembly body proceedings marred by Zahid-Sher brawl

Chairman Senate Standing Committee on Water and Power Zahid Khan expressed anger against the Minister of State for Water and Power, Abid Sher Ali on Tuesday for arriving late to the meeting. As the committee proceedings began Chairman Zahid Khan took on A
Published 11 Feb, 2015 12:00am
Two killed in Karachi

Two killed in Karachi

Two persons were killed here on Tuesday. According to police and rescue sources, Hanif, 35, son of Muhammad Siddiq, was shot and killed by unidentified men in Gulshan-e-Iqbal. In another incident, Tassaduq, 55, son of Rehmat Ali, was gunned down by uniden
Published 11 Feb, 2015 12:00am
Doctors refuse to join duty at LGH for fear of life

Doctors refuse to join duty at LGH for fear of life

About fifty-six posts of doctors, general & specialists' cadre are lying vacant in Lyari General Hospital (LGH) Karachi and administration of institution has been facing hardships in smoothly running of the hospital, catering healthcare services to people
Published 11 Feb, 2015 12:00am
Economic activity in manufacturing sector expands: MCB PMI report

Economic activity in manufacturing sector expands: MCB PMI report

Economic activity in the manufacturing sector expanded in January 2015 almost at the same pace as that of November 2014 and MCB Purchasing Managers Index (PMI) for January 2015 remained almost unchanged at 65.39 compared to 65.65 in November 2014.
Published 11 Feb, 2015 12:00am
ABL declares Rs 2 per share dividend for 2014

ABL declares Rs 2 per share dividend for 2014

Allied Bank Limited (ABL) Tuesday declared that its profit-after-tax (PAT) for 2014 increased by three percent to Rs 15.01 billion, year-on-year (YoY). The bank's earning per share is Rs 13.11, in line with the market expectation of Rs 13.18. Also, the ba
Published 11 Feb, 2015 12:00am
ABL declares Rs 2 per share dividend for 2014

ABL declares Rs 2 per share dividend for 2014

Allied Bank Limited (ABL) Tuesday declared that its profit-after-tax (PAT) for 2014 increased by three percent to Rs 15.01 billion, year-on-year (YoY). The bank's earning per share is Rs 13.11, in line with the market expectation of Rs 13.18. Also, the ba
Published 11 Feb, 2015 12:00am
Condolence

Condolence

Punjab Chief Minister Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of mother of Anjum Chaudhary, President Pakistan Muslim League-N Youth Wing. In a condolence message, the CM prayed that may Allah Almighty rest the departed
Published 11 Feb, 2015 12:00am
PESCO gears up drive against power pilferage

PESCO gears up drive against power pilferage

On the directives of Chief Executive PESCO Syed Hassan Fazil drive against illegal use of electricity and recovery of dues has been accelerated throughout Khyber Pakhtunkhwa. CEO Pesco has directed the concerned officials to speed up the drive against ill
Published 11 Feb, 2015 12:00am
World sailing competition: Naval chief praises Pakistani teams

World sailing competition: Naval chief praises Pakistani teams

Qatar International Sailing Regatta "Sail the Gulf 2015" held at Doha, Qatar concluded on winning laurels for Pakistan, says a press release issued here on Tuesday. A total of eight races were conducted in the Sailing Regatta with participation of teams f
Published 11 Feb, 2015 12:00am
PAF operationally ready to take on challenges: Air Chief

PAF operationally ready to take on challenges: Air Chief

Chief of Air Staff (CAS), Pakistan Air Force (PAF) Air Chief Marshal, Tahir Rafique Butt Tuesday said that PAF was operationally ready to take on whatever challenge comes its way and the ongoing operation 'Zarb e Azb' was the live example of its operation
Published 11 Feb, 2015 12:00am
Ashraf Ghani concerned over non-implementation of trade pledges

Ashraf Ghani concerned over non-implementation of trade pledges

Director, Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi has revealed that Afghan President Ashraf Ghani expressed concern over non-implementation of the announcements for enhancement of the volume of Pakistani tr
Published 11 Feb, 2015 12:00am
KP Governor, DFID discuss FATA, KP socioeconomic uplift

KP Governor, DFID discuss FATA, KP socioeconomic uplift

British permanent Secretary of Department for International Development (DFID) Mark Lowcock called on Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan on Tuesday. He discussed matters with the Governor of mutual interests with special reference to the
Published 11 Feb, 2015 12:00am
KP NAB arrests former post master

KP NAB arrests former post master

National Accountability Bureau (NAB) Khyber Pakhtunkhwa Tuesday arrested Abdul Sattar Khan, ex-Post Master, Sardheri Bazar Post Office Charsadda for alleged embezzlement of government funds and caused millions of rupees loss to public exchequer. Further i
Published 11 Feb, 2015 12:00am
Hunting of Houbara Bustard: petition filed seeking permits' cancellation

Hunting of Houbara Bustard: petition filed seeking permits' cancellation

A constitutional petition has been filed in Islamabad High Court (IHC) on Tuesday, seeking cancellation of Houbara Bustard (migratory birds) hunting permits issued for 2015. The petition was filed by a resident of Islamabad Waheed Mehmood Khan through his
Published 11 Feb, 2015 12:00am
SHC seeks reports on selling of substandard food items

SHC seeks reports on selling of substandard food items

The Sindh High Court on Tuesday sought reports from the Sindh chief secretary, the director of Pakistan Standards and Quality Control Authority (PSQCA), the health secretary, the food secretary and other officials on a petition against sale of substandard
Published 11 Feb, 2015 12:00am
FPCCI president for saving spinning industry

FPCCI president for saving spinning industry

President of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Mian Adrees has said that textile industry is the most important manufacturing sector of Pakistan and has the longest production chain, with inherent potential for value-addition
Published 11 Feb, 2015 12:00am
Lamudi gets Euros 16 million in funds to boost operations

Lamudi gets Euros 16 million in funds to boost operations

Lamudi, a leading real-estate network, has received 16 million Euros (USD 18 million) in funds from Asia Pacific Internet Group, Holtzbrinck Ventures and Tengelmann Ventures to boost its operations. This was stated by Lamudi.pk's Country Director, Saad Ar
Published 11 Feb, 2015 12:00am
FIA seizes government-owned drugs

FIA seizes government-owned drugs

A raiding team of FIA following a raid here at Urdu Bazaar seized huge quantity of government owned drugs stolen from different hospitals and arrested one person. Details reveal that regional director FIA Dr Usman Anwar, following information formed a rai
Published 11 Feb, 2015 12:00am
SHC seeks report on flood victims living in government flats

SHC seeks report on flood victims living in government flats

The Sindh High Court (SDC) on Tuesday once again directed the Sindh chief secretary to file a comprehensive and detailed report on a petition seeking rehabilitation of the families displaced by the 2010 floods. The petitioner, Flood Relief Camp Committee,
Published 11 Feb, 2015 12:00am
Ajman Free Zone delegation to visit Pakistan

Ajman Free Zone delegation to visit Pakistan

A high-level delegation of Ajman Free Zone, UAE would visit Karachi from 17th to 20th February to share the business opportunities with Pakistani investors. Pakistani companies are already taking full advantage of business potential in Middle East region
Published 11 Feb, 2015 12:00am
Sindh Assembly session adjourned due to lack of quorum

Sindh Assembly session adjourned due to lack of quorum

The Sindh Assembly session on Tuesday was adjourned after proceedings for less than one minute due to what the Speaker ruled 'lack' of quorum but the Muttaheda Qaumi Movement (MQM) termed the adjournment as 'violation' of rules. Speaker Aga Siraj Khan Dur
Published 11 Feb, 2015 12:00am
Three dacoits killed in 'encounter'

Three dacoits killed in 'encounter'

As many as three dacoits were killed in an alleged police encounter here on Tuesday. According to reports, acting on a tip-off received regarding the presence of bandits, police carried out search operation in the area of Hala Naka. The dacoits opened fir
Published 11 Feb, 2015 12:00am
Japan extends Rs 7.3 million grant to Hamdard Foundation

Japan extends Rs 7.3 million grant to Hamdard Foundation

The Government of Japan extended a grant of US 72,532 dollars (approximately Rs 7.3 million) to Hamdard Foundation for the "Project for Expanding and Strengthening Hamdard Free Mobile Dispensaries" under its Grant Assistance for Grassroots Human Security
Published 11 Feb, 2015 12:00am
UAE-based airlines to restart Peshawar operations from February 17

UAE-based airlines to restart Peshawar operations from February 17

The UAE-based airlines are going to resume their Peshawar operations from February 17, 2015. According to details, UAE-based airlines - Etihad and Emirates, which had a daily flight to Peshawar, had announced to suspend its operations on December 17, 2015
Published 11 Feb, 2015 12:00am
'PCEC projects being made controversial'

'PCEC projects being made controversial'

Minister for Planning and Development Ahsan Iqbal has said that anti-Pakistan forces have started a propaganda campaign to make Pakistan-China Economic Corridor (PCEC) projects controversial. The minister said this while addressing a news conference along
Published 11 Feb, 2015 12:00am
Power suspension notice

Power suspension notice

Due to electricity maintenance/development work power supply of the following feeders would remain suspended according to the following schedule: On February 11, 10:00am to 03:00pm, from I-8 Grid G.O.R feeder, 10:00am to 02:00pm, from University Grid Ango
Published 11 Feb, 2015 12:00am
Government urged to lift ban on transportation of dry, fallen woods

Government urged to lift ban on transportation of dry, fallen woods

Forest owners belonging from various areas of the Khyber Pakhtunkhwa demanded the provincial government to lift ban on transportation of marked dry and fallen woods, stocked at open locations in forest covered region, and said the restriction was causing
Published 11 Feb, 2015 12:00am
Skill, knowledge driving forces of economic growth: MCCI chief

Skill, knowledge driving forces of economic growth: MCCI chief

Skill and knowledge are the driving forces of economic growth and social development of any country. They have become even more important given the increasing pace of globalisation and technological advancement that is taking place in the world, said Mian
Published 11 Feb, 2015 12:00am
PYMA for maintaining balance in cotton yarn prices

PYMA for maintaining balance in cotton yarn prices

Pakistan Yarn Merchants Association (PYMA) has stressed the need for maintaining appropriate balance in cotton yarn prices across the country vis-à-vis prices of cotton yarn imported from India by imposition of 15 percent regulatory duty.
Published 11 Feb, 2015 12:00am
Chinese company keen to set up power generation project using LNG

Chinese company keen to set up power generation project using LNG

Leading Chinese Company Sinohydro showed it's interest in setting up a project of power generation through use of LNG. A delegation of Sinohydro called on Punjab Chief Minister Muhammad Shahbaz Shari, here on Tuesday and expressed interest in setting up p
Published 11 Feb, 2015 12:00am
Punjab's textile industry: FPCCI for restoration of gas supply

Punjab's textile industry: FPCCI for restoration of gas supply

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded immediate restoration of gas supply to textile industry in order to save this precious foreign exchange earning sector from collapse. Expressing resentment over gas suspension t
Published 11 Feb, 2015 12:00am
MCC team discusses progress of exploration work with Shahbaz

MCC team discusses progress of exploration work with Shahbaz

A delegation of Chinese company Metallurgical Corporation of China (MCC) working on exploration and certification of mineral resources project at Chiniot-Rajwa met Punjab Chief Minister Muhammad Shahbaz Sharif, here on Tuesday during which matters regardi
Published 11 Feb, 2015 12:00am
APTMA chief seeks immediate restoration of gas supply

APTMA chief seeks immediate restoration of gas supply

S M Tanveer Chairman APTMA said on Tuesday that the Punjab-based textile industry has once again been exposed to gas supply suspension for indefinite period by the SNGPL, which is deplorable. He said Prime Minister Nawaz Sharif had given special direction
Published 11 Feb, 2015 12:00am
AHAN launches project for FATA master trainers

AHAN launches project for FATA master trainers

Aik Hunar Aik Nagar (AHAN) in collaboration with Fata Development Authority (FDA) has launched the second phase of its Training of Trainers (TOT) project aimed at capacity building of Master trainers of FDA. "The six months long project will provide oppor
Published 11 Feb, 2015 12:00am
KP chief minister, Speaker visit PAL Nowshera

KP chief minister, Speaker visit PAL Nowshera

KP Chief Minister Pervez Khattak and Speaker, Khyber Pakhtunkhwa Assembly Asad Qaiser paid a visit to the Police Assistance Lines (PAL) Nowshera and Dispute Resolution Council as well. The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan D
Published 11 Feb, 2015 12:00am
SECP allows Mughal Steel to issue 27.35 million shares

SECP allows Mughal Steel to issue 27.35 million shares

The Securities and Exchange Commission of Pakistan (SECP) has allowed Mughal Steel to issue 27.35 million shares to the general public and thereby become a listed company at the stock exchanges. The book building is scheduled on February 16.
Published 11 Feb, 2015 12:00am
Punjab Assembly terms King Abdullah's death a great loss

Punjab Assembly terms King Abdullah's death a great loss

Punjab Assembly here on Tuesday passed a unanimous resolution condemning publication of blasphemy caricatures of the Holly Prophet (PBUH) recently in a France journal. The house also passed a resolution on sad demise of King Abdullah of Saudi Arabia. Legi
Published 11 Feb, 2015 12:00am
PAC KP directs recovery of Rs 0.476 million from hospital

PAC KP directs recovery of Rs 0.476 million from hospital

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly while taking stern notice of the unavailability of the record of medicines worth Rs 479000 for Mufti Mehmood Memorial Hospital during financial year 2007-08 has directed the recovery of the am
Published 11 Feb, 2015 12:00am
LTUs, RTOs asked to submit revised 'withholding tax performance report'

LTUs, RTOs asked to submit revised 'withholding tax performance report'

The Federal Board of Revenue (FBR) has directed all Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to submit revised "Withholding Tax Performance Report" of income tax and sales tax, ensuring category-wise reporting of collection by the field
Published 11 Feb, 2015 12:00am
Fazl meets Punjab Chief Minister

Fazl meets Punjab Chief Minister

Amir Jamiat Ulema-e-Islam (F) Maulana Fazl-ur-Rehman met Punjab Chief Minister Muhammad Shahbaz Sharif at Islamabad on Tuesday. Matters of mutual interest and situation of country were discussed during the meeting.
Published 11 Feb, 2015 12:00am
WHT to be raised to 15 percent: non-filer service providers to pay more

WHT to be raised to 15 percent: non-filer service providers to pay more

The Federal Board of Revenue (FBR) will issue a Statutory Regulatory Order (SRO) to increase withholding tax rate from 10 to 15 percent for non-filer service providers and enhance withholding tax rates by 1.5 percent for all types of non-filer importers.
Published 11 Feb, 2015 12:00am
PSO should be authorised to negotiate LNG prices: ministry

PSO should be authorised to negotiate LNG prices: ministry

The Ministry of Petroleum and Natural Resources has proposed to the government to allow Pakistan State Oil (PSO) negotiate the prices of Liquefied Natural Gas (LNG) with potential LNG suppliers and producers, it is learnt.
Published 11 Feb, 2015 12:00am
Textile policy receives lukewarm response

Textile policy receives lukewarm response

Textile industry stakeholders are not optimistic about the textile policy (2014-19) export target of $26 billion. Talking to Business Recorder, the private sector stakeholders said the government has failed to ensure uninterrupted supply of utiliti
Published 11 Feb, 2015 12:00am
MQM, PPP agree to form coalition government in Sindh

MQM, PPP agree to form coalition government in Sindh

Muttahida Qaumi Movement (MQM) and Pakistan Peoples Party (PPP) have reached an agreement over the formation of a coalition government in Sindh and seat adjustment in the upcoming Senate polls, according to a statement issued on the MQM's official website
Published 11 Feb, 2015 12:00am
15 miscreants killed in clash with FC

15 miscreants killed in clash with FC

Paramilitary forces on Tuesday killed 15 separatist insurgents and lost one of their own men during a gun battle in a remote area, officials said. The clash took place at Basima, some 240 kilometres (150 miles) south-west of Quetta. "At least 15 miscreant
Published 11 Feb, 2015 12:00am
Tax-free poultry machinery import facility demanded

Tax-free poultry machinery import facility demanded

Poultry Industry on Tuesday called for a tax-free import of poultry machinery and loans on same lines as announced for textile machinery. Pakistan Poultry Association (PPA) former Chairman Abdul Basit said, Pakistan's poultry sector had the potential to g
Published 11 Feb, 2015 12:00am
Government intends to borrow Rs 1.2 trillion in thee months

Government intends to borrow Rs 1.2 trillion in thee months

The federal government intends to borrow a huge amount of Rs 1.2 trillion from domestic banking system during three months (February-April) of current fiscal year 2014-15 to meet the fiscal deficit. Although, foreign inflows have increased during this fis
Published 11 Feb, 2015 12:00am
Petrol crisis

Petrol crisis

According to television reports, the entire top brass of Pakistan State Oil (PSO) has been suspended over the petrol crisis in the country a few weeks ago. It is, however, not known whether the prime minister has called for an independent inquiry into the
Published 11 Feb, 2015 12:00am
'Spy mania' makes comeback in Russia amid Ukraine war

'Spy mania' makes comeback in Russia amid Ukraine war

What do a nuclear scientist, a young mother of seven, a church employee and a former military factory boss have in common? They've all been charged with high treason, espionage or disclosing state secrets in newly spy-phobic Russia. With ex-KGB President
Published 11 Feb, 2015 12:00am
Mistrust and machetes thwart efforts to contain Ebola in Guinea

Mistrust and machetes thwart efforts to contain Ebola in Guinea

When Red Cross pickups crawl through the streets of the Guinean town of Lola in search of Ebola victims, crowds of women gather to shoo the medical workers away, young boys throw stones and angry men reach for their machetes. In the country where West Afr
Published 11 Feb, 2015 12:00am
Economic corridor: a perspective

Economic corridor: a perspective

A long-cherished vision of linking Pakistan and China across the length and breath of both countries is shaping up into a reality. In the 60s and 70s, Khashgar was linked with Rawalpindi by the Karakoram Highway, which did achieve a bit of trading activit
Published 11 Feb, 2015 12:00am
US must finish what it started

US must finish what it started

A press report points out the US and its Nato allies have shifted their focus from Afghanistan to the so-called Islamic State. Nato ministers recently met in Brussels to discuss their strategy for 2015, ignoring Afghanistan altogether. And in his request
Published 11 Feb, 2015 12:00am
ECC decisions

ECC decisions

The Economic Co-ordination Committee of the cabinet, the highest economic decision-making body in the country, under the chairmanship of the Federal Finance Minister Ishaq Dar approved the textile policy as well as a regulatory duty on non-essentials and
Published 11 Feb, 2015 12:00am
Opposition boycotts proceedings against ECC decision

Opposition boycotts proceedings against ECC decision

The combined opposition in National Assembly on Tuesday boycotted proceedings in protest against the Economic Co-ordination Committee (ECC) of the Cabinet decision of imposing taxes on more than 285 items without the approval of Parliament. Led by leader
Published 11 Feb, 2015 12:00am
Opposition boycotts proceedings against ECC decision

Opposition boycotts proceedings against ECC decision

The combined opposition in National Assembly on Tuesday boycotted proceedings in protest against the Economic Co-ordination Committee (ECC) of the Cabinet decision of imposing taxes on more than 285 items without the approval of Parliament. Led by leader
Published 11 Feb, 2015 12:00am
Opposition boycotts proceedings against ECC decision

Opposition boycotts proceedings against ECC decision

The combined opposition in National Assembly on Tuesday boycotted proceedings in protest against the Economic Co-ordination Committee (ECC) of the Cabinet decision of imposing taxes on more than 285 items without the approval of Parliament. Led by leader
Published 11 Feb, 2015 12:00am
Provision of cheap electricity prioritised: Prime Minister

Provision of cheap electricity prioritised: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said that the government had prioritised provision of electricity to the people at affordable rates and steps were being taken to minimise load-shedding in least possible time. He was chairing 8th meeting of
Published 11 Feb, 2015 12:00am
Provision of cheap electricity prioritised: Prime Minister

Provision of cheap electricity prioritised: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said that the government had prioritised provision of electricity to the people at affordable rates and steps were being taken to minimise load-shedding in least possible time. He was chairing 8th meeting of
Published 11 Feb, 2015 12:00am
Provision of cheap electricity prioritised: Prime Minister

Provision of cheap electricity prioritised: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said that the government had prioritised provision of electricity to the people at affordable rates and steps were being taken to minimise load-shedding in least possible time. He was chairing 8th meeting of
Published 11 Feb, 2015 12:00am
G20 ''determined'' to lift growth but rifts remain

G20 ''determined'' to lift growth but rifts remain

The world''s top 20 economies on Tuesday expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis. G20 finance ministers and central bank chiefs meetin
Published 11 Feb, 2015 12:00am
G20 'determined' to lift growth but rifts remain

G20 'determined' to lift growth but rifts remain

The world's top 20 economies on Tuesday expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis. G20 finance ministers and central bank chiefs meeting
Published 11 Feb, 2015 12:00am
G20 'determined' to lift growth but rifts remain

G20 'determined' to lift growth but rifts remain

The world's top 20 economies on Tuesday expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods and how best to overcome the Greek debt crisis. G20 finance ministers and central bank chiefs meeting
Published 11 Feb, 2015 12:00am
Chinese foreign minister arriving tomorrow

Chinese foreign minister arriving tomorrow

Chinese Foreign Minister Wang Yi will embark on a two-day official visit from tomorrow (Thursday) to hold bilateral talks with Pakistani leadership focusing on political, strategic and economic co-operation. According to Foreign Office spokesperson Tasnim
Published 11 Feb, 2015 12:00am
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