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Print - 2015-05-07
Sartaj, Maldives President discuss regional situation

Sartaj, Maldives President discuss regional situation

Advisor to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Wednesday called on the visiting Maldives President Abdullah Yameen Abdul Gayoom as he arrived on a two-day official visit to Pakistan. According to Foreign Office sources,
Published 07 May, 2015 12:00am
Qadir Baloch meets Shahbaz

Qadir Baloch meets Shahbaz

Federal Minister Lieutenant General Abdul Qadir Baloch (Retd) called on Punjab Chief Minister Shahbaz Sharif, here Wednesday. Speaking on the occasion, Shahbaz Sharif said that PML-N government will fulfil the promise of removing darkness from the country
Published 07 May, 2015 12:00am
MCCI urges government to introduce 'realistic' trade policy

MCCI urges government to introduce 'realistic' trade policy

The Business community of South Punjab has urged upon the government to introduce a realistic trade policy 2015-20 and give maximum initiatives, incentives and facilities without any further delay. President of Multan Chamber of Commerce and Industry (MCC
Published 07 May, 2015 12:00am
Kuwait envoy meets NA Speaker

Kuwait envoy meets NA Speaker

Ambassador of Kuwait Nawaf Abdulaziz A A Alenezi called on Speaker National Assembly Sardar Ayaz Sadiq in Parliament House on Wednesday. While talking to the Ambassador, the NA Speaker said Pakistan attached importance to Kuwait being one of its brothers
Published 07 May, 2015 12:00am
Double murder convict hanged in Lahore

Double murder convict hanged in Lahore

A death row convict was executed in Kot Lakhpat jail here on Wednesday morning. Zulfiqar, a resident of Shakargarh, was convicted of double murder which he had committed in 1998. The convict had killed two men Mehrab and Rafaq in Barakahu area of Islamaba
Published 07 May, 2015 12:00am
IHC delays Shafqat's execution for two days

IHC delays Shafqat's execution for two days

The Islamabad High Court (IHC) delayed execution of Shafqat Hussain for two days. IHC Judge Athar Minallah heard Hussain's petition, during which he observed that the committee formed by the government to probe Hussain's age was illegal. He said that all
Published 07 May, 2015 12:00am
ASPL management: NAB takes notice of alleged fraud, embezzlement

ASPL management: NAB takes notice of alleged fraud, embezzlement

Qamar Zaman Chaudhry, Chairman National Accountability Bureau (NAB) has taken serious notice on a complaint regarding alleged fraud, embezzlement and cheating public at large by the Sponsors, Directors and Management of M/s ACE Securities (Private) Limite
Published 07 May, 2015 12:00am
'Fake' FIRs: Fehmida threatens to go to 'people's court'

'Fake' FIRs: Fehmida threatens to go to 'people's court'

Former Speaker National Assembly and PPP MNA Dr Fehmida Mirza on Wednesday threatened to go to people's court against the registration of 'fake' FIRs against her husband, Dr Zulfiqar Ali Mirza. Addressing a press conference in Badin, Mirza said that court
Published 07 May, 2015 12:00am
Two killed as police foil attack on football match

Two killed as police foil attack on football match

Two persons were killed and 10 others injured when unknown gunmen attacked people during a football match in a school ground here on Wednesday. Prime Minister Nawaz Sharif, leaders of the political parties condemned the attack. Political Agency said that
Published 07 May, 2015 12:00am
Afghan runaways fight heroin addiction on country's streets

Afghan runaways fight heroin addiction on country's streets

After his brother beat him with chains, Abdullah decided enough was enough and fled his home in Kabul to Pakistan, where he lived rough, sleeping where he could and battling drug addiction. The 14-year-old was one of hundreds of Afghan runaways hooked on
Published 07 May, 2015 12:00am
JI Shura concerned over economic situation

JI Shura concerned over economic situation

The central Shura of the Jamaat-i-Islami has expressed grave concern over the deteriorating economic conditions in the country, political instability and the worsening law and order. A resolution adopted by the Shura at its meeting chaired by the JI chief
Published 07 May, 2015 12:00am
Mercury touches 47c in Sindh, South Punjab, Balochistan

Mercury touches 47c in Sindh, South Punjab, Balochistan

The interior Sindh, south Punjab and lower parts of Balochistan sizzled in hot and dry weather as the mercury touched 47 degree Celsius on Wednesday, the highest of the current summer season so far. The Meteorological department recorded maximum temperatu
Published 07 May, 2015 12:00am
TRC suggests amendment in FBR law

TRC suggests amendment in FBR law

The Tax Reform Commission (TRC) has recommended the Federal Board of Revenue (FBR) to amend the 'Federal Board Revenue Act 2007' in budget 2015-16 to allow employment of high caliber professional at market-based salaries. It proposed that as a short term
Published 07 May, 2015 12:00am
Equity investors pay heavily for Byco's 'maths error'

Equity investors pay heavily for Byco's 'maths error'

In a manner typical of sentiments-driven stock markets, Monday saw the profit-conscious equity investors at Karachi Stock Exchange (KSE) incurring huge losses due to, what they claim, a "misleading" earning announcement made by Byco Petroleum Pakistan Lim
Published 07 May, 2015 12:00am
NCCPL implements 'business continuity framework'

NCCPL implements 'business continuity framework'

National Clearing Company of Pakistan Limited (NCCPL), which provides clearing and settlement services to all three stock exchanges of the country, announced that the company has implemented a Business Continuity Framework (BCF) to strengthen its National
Published 07 May, 2015 12:00am
Women's empowerment Australia announces aid

Women's empowerment Australia announces aid

Australian Foreign Minister Julie Bishop Wednesday announced AUD$0.2 million in aid for a new 'women's economic empowerment skills training program to facilitate marginalized women and girls in Pakistan. She made this announcement during her first visit t
Published 07 May, 2015 12:00am
SLI made investments in violation of rules?

SLI made investments in violation of rules?

Sub-committee of Public Accounts Committee (PAC) has been informed on Wednesday that State Life Insurance has invested Rs 200 million and Rs 250 million in Chakwal Cement and Pakistan Emerging Venture projects in 2003-04 and 1995-96, respectively, in viol
Published 07 May, 2015 12:00am
SLI made investments in violation of rules?

SLI made investments in violation of rules?

Sub-committee of Public Accounts Committee (PAC) has been informed on Wednesday that State Life Insurance has invested Rs 200 million and Rs 250 million in Chakwal Cement and Pakistan Emerging Venture projects in 2003-04 and 1995-96, respectively, in viol
Published 07 May, 2015 12:00am
Feroze1888 Mills Limited

Feroze1888 Mills Limited

Feroze1888 Mills Limited is Pakistan's leading manufacturer and exporter of specialized yarn and terrycloth products. It began its journey in 1970, listing itself on the KSE in 1975. Today, it boasts a market capitalisation of over Rs 22.5 million - the s
Published 07 May, 2015 12:00am
Feroze1888 Mills Limited

Feroze1888 Mills Limited

Feroze1888 Mills Limited is Pakistan's leading manufacturer and exporter of specialized yarn and terrycloth products. It began its journey in 1970, listing itself on the KSE in 1975. Today, it boasts a market capitalisation of over Rs 22.5 million - the s
Published 07 May, 2015 12:00am
Saad Rafiq disqualified

Saad Rafiq disqualified

That an election tribunal has disqualified PML-N's railways minister Khawaja Saad Rafiq because of massive irregularities in the NA-125 constituency in 2013 general elections is a development that has lent a great deal of legitimacy to the argument of Pak
Published 07 May, 2015 12:00am
French courtship of Gulf monarchies is risky: experts

French courtship of Gulf monarchies is risky: experts

Hungry for defence deals, France has cosied up to the Gulf monarchies, winning several billion-euro contracts in the process, but its strategy of backing one side in the region's Sunni-Shia power struggle is risky, say experts.
Published 07 May, 2015 12:00am
King's changes make Saudi policy less predictable

King's changes make Saudi policy less predictable

Changes in Saudi Arabia's leadership have concentrated power in an inner circle of the Al Saud dynasty, removing constraints on the monarch and making the conservative kingdom's strategic positions less predictable. The world's top oil exporter has always
Published 07 May, 2015 12:00am
Methods of procurement under Sindh PPRs

Methods of procurement under Sindh PPRs

The Sindh Public Procurement Rules, 2010 govern the mechanism and procedure for the procurement of goods by the provincial departments and agencies. The basic principle for procurement is that all procurements be made in a fair and transparent manner. The
Published 07 May, 2015 12:00am
VIEW POINT: 'Irregularities' galore

VIEW POINT: 'Irregularities' galore

Railways Minister Khawaja Saad Rafiq finds it hard to deal with the embarrassment caused by an election tribunal's decision to annul NA-125 result and order re-election. He has been using the verdict to absolve himself of any wrongdoing, saying the tribun
Published 07 May, 2015 12:00am
Water can seep through the cracks

Water can seep through the cracks

Perhaps, but for perhaps, but for the certainty of RAW's involvement in fomenting terrorism in Pakistan the army top brass would not have accused India of this in so many words as it did at a Corps Commanders' meeting at the GHQ on Tuesday. Of course, of
Published 07 May, 2015 12:00am
Power receivables

Power receivables

According to a Business Recorder exclusive, power sector receivables have crossed the historic Rs 600 billion mark leading to severe liquidity issues in the sector that are, once again, disabling Pakistan State Oil (PSO) from opening letters of cre
Published 07 May, 2015 12:00am
IRSA overrules order of AJK government

IRSA overrules order of AJK government

The Indus River System Authority has overruled an administrative order by the government of Azad Jammu and Kashmir imposing restriction on impounding the Mangla Reservoir beyond 1202 feet above the mean sea level and told the Water and Power Development A
Published 07 May, 2015 12:00am
Tractors on subsidised rates Punjab's decision lauded

Tractors on subsidised rates Punjab's decision lauded

The tractor industry has lauded Punjab government's decision to provide 10,000 tractors on subsidised rates to small farmers during FY 2015-16. The provincial government will give Rs 0.2 million per tractor as subsidy to small farmers having up to 12.5 ac
Published 07 May, 2015 12:00am
Traders hail project

Traders hail project

Industrialists, manufacturers, spinners and traders of South Punjab have welcomed the commissioning of first-ever 100 Megawatt solar power plant that would help in saving of huge foreign exchange. Mian Iqbal Hassan, President of Multan Chamber of Commerce
Published 07 May, 2015 12:00am
FPCCI hails commissioning of solar power plant

FPCCI hails commissioning of solar power plant

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday welcomed the commissioning of the first-ever 100-megawatt solar power plant that will help save a huge foreign exchange being used to import oil. Vice President and Regional
Published 07 May, 2015 12:00am
Teachings of Maulana Hali, Shibli to be promoted: PU VC

Teachings of Maulana Hali, Shibli to be promoted: PU VC

Punjab University Vice Chancellor Professor (Dr) Mujahid Kamran said that Maulana Altaf Hussain Hali and Shibli Naumani were the big names of Urdu literature and their teachings and thoughts must be promoted among the young generation. He was addressing a
Published 07 May, 2015 12:00am
Emergency department of Jinnah Hospital will be expanded

Emergency department of Jinnah Hospital will be expanded

The Accidents and Emergency Department of the Jinnah Hospital will be expanded with financial assistance from the NGO Sakeena Nazli Tribute. The estimated construction cost is up to Rs 50 million though old graduates from the Allama Iqbal Medical College
Published 07 May, 2015 12:00am
Vaccinators Punjab government starts delivery of motorcycles

Vaccinators Punjab government starts delivery of motorcycles

Punjab government has started distribution of motorcycles among all vaccinators and other EPI staff in the province and as many as 900 motorcycles are being delivered this week, Director General Health Services Punjab Dr Zahid Pervaiz said here on Wednesd
Published 07 May, 2015 12:00am
Vehari and Burewala: Shahbaz lays foundation stone of various schemes

Vehari and Burewala: Shahbaz lays foundation stone of various schemes

Punjab Chief Minister Shahbaz Sharif has said that PML (N) government believes in balanced development and not only in cities but billions of rupees are also being spent on the development projects in villages. He said that with the completion of these pr
Published 07 May, 2015 12:00am
Punjab Food Adulteration: Ordinance 1960 PPP leader proposes amendments

Punjab Food Adulteration: Ordinance 1960 PPP leader proposes amendments

Pakistan People's Party Member of Provincial Assembly Khurram Jehangir Khan Wattoo has moved a bill in the Punjab Assembly proposing amendments in the 1960 Punjab Food Adulteration Ordinance in connection with the terms of imprisonment and fine for food a
Published 07 May, 2015 12:00am
Cotton falls to 1-1/2 week low on Texas rains, fund selling

Cotton falls to 1-1/2 week low on Texas rains, fund selling

ICE cotton futures fell to their lowest level in 1-1/2 weeks on Wednesday as rains in the key West Texas growing raised the possibility of greater-than-expected production, prompting speculator selling. "There's potential for a gigantic dryland crop right
Published 07 May, 2015 12:00am
Egypt's GASC buys 120,000 tonnes of Russian, Romanian wheat

Egypt's GASC buys 120,000 tonnes of Russian, Romanian wheat

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it had bought 120,000 tonnes of Russian and Romanian wheat in a tender for June 16-25 shipment. Egypt, the world's biggest importer of wheat, bought 60,000 ton
Published 07 May, 2015 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures rose for a third day on Wednesday to touch their highest level in a month, following a jump in soy markets, and as investors covered short positions after Indonesia set a palm export levy to fund biodiesel subsidies. Indonesian
Published 07 May, 2015 12:00am
Raw sugar extends gains, coffee falls

Raw sugar extends gains, coffee falls

Raw sugar futures on ICE rose for the second straight day on Wednesday, buoyed by chart-based buying and talk of heavy vessel nominations for the record May delivery that helped tighten the July/October spread to the smallest discount in three months. Lon
Published 07 May, 2015 12:00am
Wheat falls as weather improves

Wheat falls as weather improves

US wheat futures sank 1.3 percent on Tuesday, flirting with five-year lows after rain in key production areas boosted harvest prospects as the crop nears maturity, traders said. Poor export demand for US supplies and strong yield projections from early re
Published 07 May, 2015 12:00am
Shanghai copper rises

Shanghai copper rises

The most-traded July copper contract on the Shanghai Futures Exchange rose 0.8 percent to 46,060 yuan ($7,422.09) a tonne on Wednesday after weak US data revived concern about global economic growth, although expectations of policy support in China and th
Published 07 May, 2015 12:00am
Copper slides from peak as Chinese buying eases

Copper slides from peak as Chinese buying eases

Copper and most other industrial metals retreated on Wednesday from recent peaks as copper demand in China faltered and as some investors regarded the sector's strong gains as outpacing supply and demand fundamentals. The index of six base metals traded o
Published 07 May, 2015 12:00am
Oil hits 2015 peak after first US crude drawdown since January

Oil hits 2015 peak after first US crude drawdown since January

Oil prices hit 2015 peaks on Wednesday amid the first drawdown in US crude inventories since January, before settling off their highs as investors and traders moved to take profits on a multi-week rally. The dollar's tumble had also fed the run-up in oil
Published 07 May, 2015 12:00am
Gold extends gains in Asia

Gold extends gains in Asia

Gold extended gains to a third session on Wednesday, boosted by weakness in the dollar and mixed US economic data that increased speculation that the Federal Reserve will not raise interest rates anytime soon. Spot gold rose 0.2 percent to $1,195.60 an ou
Published 07 May, 2015 12:00am
Gold up in New York

Gold up in New York

Gold rose on Tuesday as the dollar turned lower and global shares fell ahead of US non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise interest rates. Spot gold fell initially then firmed, and was up 0.4
Published 07 May, 2015 12:00am
Gold down in Europe

Gold down in Europe

Gold edged down on Wednesday, as the impact of higher US real yields counteracted the effects of a weaker dollar, soft US data and doubts that the Federal Reserve will raise interest rates at its June meeting. Spot gold was down 0.1 percent at $1,191.38 a
Published 07 May, 2015 12:00am
US MIDDAY: wheat rallies

US MIDDAY: wheat rallies

US wheat futures surged 2.7 percent early on Wednesday, on track for their biggest gain since April 1, as the market bounced back from near five-year lows on disappointing results from an annual crop tour as well as a crumbling US dollar, traders said. Th
Published 07 May, 2015 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

Gold edged down on Wednesday, as the impact of higher US real yields counteracted the effects of a sharply weaker dollar, soft US data and doubts the Federal Reserve will raise interest rates at its June meeting. Spot gold was down 0.2 percent at $1,190.0
Published 07 May, 2015 12:00am
GSK scraps plan to list HIV drugs business and shields dividend

GSK scraps plan to list HIV drugs business and shields dividend

GlaxoSmithKline scrapped plans to float its HIV drug business on Wednesday and promised to pay a steady dividend for three years, setting out long-term growth targets after the biggest shake-up in its 15-year history. It also scaled back plans to return 4
Published 07 May, 2015 12:00am
GSK scraps plan to list HIV drugs business and shields dividend

GSK scraps plan to list HIV drugs business and shields dividend

GlaxoSmithKline scrapped plans to float its HIV drug business on Wednesday and promised to pay a steady dividend for three years, setting out long-term growth targets after the biggest shake-up in its 15-year history. It also scaled back plans to return 4
Published 07 May, 2015 12:00am
GSK scraps plan to list HIV drugs business and shields dividend

GSK scraps plan to list HIV drugs business and shields dividend

GlaxoSmithKline scrapped plans to float its HIV drug business on Wednesday and promised to pay a steady dividend for three years, setting out long-term growth targets after the biggest shake-up in its 15-year history. It also scaled back plans to return 4
Published 07 May, 2015 12:00am
GSK scraps plan to list HIV drugs business and shields dividend

GSK scraps plan to list HIV drugs business and shields dividend

GlaxoSmithKline scrapped plans to float its HIV drug business on Wednesday and promised to pay a steady dividend for three years, setting out long-term growth targets after the biggest shake-up in its 15-year history. It also scaled back plans to return 4
Published 07 May, 2015 12:00am
GSK scraps plan to list HIV drugs business and shields dividend

GSK scraps plan to list HIV drugs business and shields dividend

GlaxoSmithKline scrapped plans to float its HIV drug business on Wednesday and promised to pay a steady dividend for three years, setting out long-term growth targets after the biggest shake-up in its 15-year history. It also scaled back plans to return 4
Published 07 May, 2015 12:00am
Four sentenced to death over mob killing of Afghan woman

Four sentenced to death over mob killing of Afghan woman

Four Afghan men were sentenced to death Wednesday for the savage lynching of a woman falsely accused of blasphemy, a landmark judgement in a nation where female victims often have little legal recourse. The Kabul primary court also sentenced eight people
Published 07 May, 2015 12:00am
Four sentenced to death over mob killing of Afghan woman

Four sentenced to death over mob killing of Afghan woman

Four Afghan men were sentenced to death Wednesday for the savage lynching of a woman falsely accused of blasphemy, a landmark judgement in a nation where female victims often have little legal recourse. The Kabul primary court also sentenced eight people
Published 07 May, 2015 12:00am
Likelihood of default receding: Moody''''s

Likelihood of default receding: Moody''''s

Moody''''s Investors Service in its new report said that Pakistan''''s (Caa1 positive), external liquidity position is strengthening and the likelihood of default is receding, as evidenced by a recovery in foreign reserves over the last year. According to
Published 07 May, 2015 12:00am
Likelihood of default receding: Moody''s

Likelihood of default receding: Moody''s

Moody''s Investors Service in its new report said that Pakistan''s (Caa1 positive), external liquidity position is strengthening and the likelihood of default is receding, as evidenced by a recovery in foreign reserves over the last year. According to a p
Published 07 May, 2015 12:00am
Likelihood of default receding: Moody's

Likelihood of default receding: Moody's

Moody's Investors Service in its new report said that Pakistan's (Caa1 positive), external liquidity position is strengthening and the likelihood of default is receding, as evidenced by a recovery in foreign reserves over the last year. According to a pre
Published 07 May, 2015 12:00am
Likelihood of default receding: Moody's

Likelihood of default receding: Moody's

Moody's Investors Service in its new report said that Pakistan's (Caa1 positive), external liquidity position is strengthening and the likelihood of default is receding, as evidenced by a recovery in foreign reserves over the last year. According to a pre
Published 07 May, 2015 12:00am
The Weather

The Weather

The weather report on Wednesday (May 06, 2015) and the forecast for Thursday (May 07, 2015).

Published 07 May, 2015 12:00am
US calls off protection mission for US-flagged vessels in Gulf

US calls off protection mission for US-flagged vessels in Gulf

The US Navy has halted a mission to accompany American-flagged vessels passing through the Strait of Hormuz, the Pentagon said Wednesday, in a sign of reduced tensions in the strategic waterway. The protection mission had been ordered last week after a Ma
Published 07 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
US calls off protection mission for US-flagged vessels in Gulf

US calls off protection mission for US-flagged vessels in Gulf

The US Navy has halted a mission to accompany American-flagged vessels passing through the Strait of Hormuz, the Pentagon said Wednesday, in a sign of reduced tensions in the strategic waterway. The protection mission had been ordered last week after a Ma
Published 07 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
SHC gives last chance to Mirza to show up

SHC gives last chance to Mirza to show up

The Sindh High Court on Wednesday gave last chance to the disowned leader of Pakistan Peoples Party and former home minister Zulifqar Mirza to show up before the concerned trial court by May 09. A division bench headed Chief Justice Faisal Arab extended t
Published 07 May, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 May, 2015 12:00am
SHC gives last chance to Mirza to show up

SHC gives last chance to Mirza to show up

The Sindh High Court on Wednesday gave last chance to the disowned leader of Pakistan Peoples Party and former home minister Zulifqar Mirza to show up before the concerned trial court by May 09. A division bench headed Chief Justice Faisal Arab extended t
Published 07 May, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 07 May, 2015 12:00am
Dar joins team; IMF talks begin today

Dar joins team; IMF talks begin today

Finance Minister Ishaq Dar has reached Dubai to join his team for a three-day policy-level discussions with the International Monetary Fund (IMF) under seventh quarterly review of Extended Fund Facility (EFF) from today (Thursday). It is unclear whether t
Published 07 May, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
Dar joins team; IMF talks begin today

Dar joins team; IMF talks begin today

Finance Minister Ishaq Dar has reached Dubai to join his team for a three-day policy-level discussions with the International Monetary Fund (IMF) under seventh quarterly review of Extended Fund Facility (EFF) from today (Thursday). It is unclear whether t
Published 07 May, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (May 06, 2015)

Published 07 May, 2015 12:00am
Dar joins team; IMF talks begin today

Dar joins team; IMF talks begin today

Finance Minister Ishaq Dar has reached Dubai to join his team for a three-day policy-level discussions with the International Monetary Fund (IMF) under seventh quarterly review of Extended Fund Facility (EFF) from today (Thursday). It is unclear whether t
Published 07 May, 2015 12:00am
Khalilullah to replace Tasnim as FO spokesperson

Khalilullah to replace Tasnim as FO spokesperson

Qazi M. Khalilullah, an Additional Secretary, has been appointed as the spokesperson for the Ministry of Foreign Affairs, who will replace Tasnim Aslam, it was learnt. Foreign Office sources said that Qazi M. Khalilullah, who is currently looking after th
Published 07 May, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
Khalilullah to replace Tasnim as FO spokesperson

Khalilullah to replace Tasnim as FO spokesperson

Qazi M. Khalilullah, an Additional Secretary, has been appointed as the spokesperson for the Ministry of Foreign Affairs, who will replace Tasnim Aslam, it was learnt. Foreign Office sources said that Qazi M. Khalilullah, who is currently looking after th
Published 07 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
China eyes export fillip in modern Silk Road

China eyes export fillip in modern Silk Road

China should make use of its plans to build a modern Silk Road to drive its exports of rail, energy, construction and telecommunication equipment, the country''s cabinet said on Wednesday. Formally known as the "One Belt, One Road" project, the new Silk R
Published 07 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 06, 2015).

Published 07 May, 2015 12:00am
China eyes export fillip in modern Silk Road

China eyes export fillip in modern Silk Road

China should make use of its plans to build a modern Silk Road to drive its exports of rail, energy, construction and telecommunication equipment, the country's cabinet said on Wednesday. Formally known as the "One Belt, One Road" project, the new Silk Ro
Published 07 May, 2015 12:00am
China eyes export fillip in modern Silk Road

China eyes export fillip in modern Silk Road

China should make use of its plans to build a modern Silk Road to drive its exports of rail, energy, construction and telecommunication equipment, the country's cabinet said on Wednesday. Formally known as the "One Belt, One Road" project, the new Silk Ro
Published 07 May, 2015 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee managed to gain slightly versus the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee picked up four-paisa for buying and selling at Rs 101.74 and Rs 101.76 respectively, they said.
Published 07 May, 2015 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee managed to gain slightly versus the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee picked up four-paisa for buying and selling at Rs 101.74 and Rs 101.76 respectively, they said.
Published 07 May, 2015 12:00am
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