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Print - 2015-05-26
Troubled Malaysia Airlines to be completely revamped: new CEO

Troubled Malaysia Airlines to be completely revamped: new CEO

Loss-making Malaysia Airlines is set to undergo a complete overhaul as it is restructured into a new company, with a rebranding that will be unveiled next week and changes planned to its fleet and network strategies. Christoph Mueller, who joined from Iri
Published 26 May, 2015 12:00am
Iran to raise oil output capacity by 170,000 bpd

Iran to raise oil output capacity by 170,000 bpd

Iran plans to raise its oil output capacity by 170,000 barrels per day by end of the current Iranian year, which ends on March 20, 2016, the official IRNA news agency cited an Iranian oil official as saying on Monday. Soltan Kamali, managing director of A
Published 26 May, 2015 12:00am
Daimler teams up with China's Baidu in connected cars drive

Daimler teams up with China's Baidu in connected cars drive

German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies. Carmakers are seeking to extend information a
Published 26 May, 2015 12:00am
Rosneft reshuffles management

Rosneft reshuffles management

Russia's top oil producer Rosneft said on Monday it had made changes to its managerial structure and that veteran oilman Igor Maidannik had left the company. Kremlin-controlled Rosneft, the world's largest listed oil producer by output, said its head, Igo
Published 26 May, 2015 12:00am
China invites private investors to help build $318 billion of projects

China invites private investors to help build $318 billion of projects

China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan ($317.75 billion) that it is inviting private investors to help fund, build and operate. The National Development and Reform Commissi
Published 26 May, 2015 12:00am
Nigeria fuel shortages hit telecoms, banking and aviation

Nigeria fuel shortages hit telecoms, banking and aviation

Chronic fuel shortages in Nigeria brought phone firms, banks and flights to a standstill on Monday, just four days before Muhammadu Buhari's inauguration as president of Africa's biggest economy and top oil exporter. Besides airlines, which could not obta
Published 26 May, 2015 12:00am
Nigeria fuel shortages hit telecoms, banking and aviation

Nigeria fuel shortages hit telecoms, banking and aviation

Chronic fuel shortages in Nigeria brought phone firms, banks and flights to a standstill on Monday, just four days before Muhammadu Buhari's inauguration as president of Africa's biggest economy and top oil exporter. Besides airlines, which could not obta
Published 26 May, 2015 12:00am
AfDB sees Africa's GDP growth nearing pre-crisis levels

AfDB sees Africa's GDP growth nearing pre-crisis levels

African economies will grow 4.5 percent this year and 5 percent in 2016, approaching levels last seen before the 2007 global financial crisis, as economic prospects improve worldwide, the African Development Bank (AfDB) said. The AfDB estimates that Afric
Published 26 May, 2015 12:00am
China and Chile sign currency swap agreement
Currency

China and Chile sign currency swap agreement

Chile's central bank has entered into a three-year currency swap with the People's Bank of China to boost trade links, and the two are also clearing a path for the use of the Chinese yuan in the South American country, the two banks said on Monday. The sw
Published 26 May, 2015 12:00am
Mexico factory exports, consumer imports climb

Mexico factory exports, consumer imports climb

Mexican factory-made exports rose in April for a second month in a row, signalling that stronger US demand could support more robust growth in Latin America's No 2 economy. Manufactured exports rose 2.23 percent in April compared with March in seasonally-
Published 26 May, 2015 12:00am
Japan's export growth dips

Japan's export growth dips

Japan's exports rose in April from a year earlier led by US-bound shipments of cars, but the monthly pace of growth slowed from March - a worrying portent for external demand as a slowdown in the economies of China and the US clouds the outlook. Ministry
Published 26 May, 2015 12:00am
Greece says wants to make debt payments but needs aid urgently

Greece says wants to make debt payments but needs aid urgently

Greece intends to make good on its debt obligations but needs aid urgently to be able to do so, the government said on Monday, after several senior officials insisted Athens had no money to pay a loan instalment falling due next week. Shut out of bond mar
Published 26 May, 2015 12:00am
Greece says wants to make debt payments but needs aid urgently

Greece says wants to make debt payments but needs aid urgently

Greece intends to make good on its debt obligations but needs aid urgently to be able to do so, the government said on Monday, after several senior officials insisted Athens had no money to pay a loan instalment falling due next week. Shut out of bond mar
Published 26 May, 2015 12:00am
Saudi Gulf Airlines plans to begin flights at start of November

Saudi Gulf Airlines plans to begin flights at start of November

Saudi Gulf Airlines aims to begin flying in November after receiving regulatory approvals, the new Dammam-based carrier said on Monday. Owned by the Abdel Hadi Al Qahtani & Sons group, the airline plans to fly from Dammam to three destinations, initially
Published 26 May, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.321 billion as compared to PKR 2.279 billion reported on Thursday, an increase of 2 percent. The numbers of lots traded were 11,380. PMEX Commodity Index closed at 2,731. Major busine
Published 26 May, 2015 12:00am
US Midwest corn, soya bids steady

US Midwest corn, soya bids steady

Spot basis bids for corn and soyabeans held steady at most processors and elevators around the US Midwest on Friday afternoon. Grain dealers said that a drop in the futures market left cash prices for growers well below their targets, chilling selling int
Published 26 May, 2015 12:00am
Canadian canola futures mixed

Canadian canola futures mixed

ICE Canadian canola futures were mixed on Friday, with the front-month contract rising on the back of a sharp fall in the Canadian dollar while deferred contracts weakened slightly. Traders said the dollar drop, which prompted a round of short covering by
Published 26 May, 2015 12:00am
Colombia cuts coal output Forecast

Colombia cuts coal output Forecast

Colombia, the world's fourth biggest coal exporter, produced 23.2 million tonnes of the fuel in the first three months of the year, down 5 percent from the same period last year, the National Mining Agency (ANM) said on Friday. The agency expects output f
Published 26 May, 2015 12:00am
Spot iron ore prices head for worst weekly loss

Spot iron ore prices head for worst weekly loss

Spot iron ore prices were heading for their biggest weekly loss in seven, with growing supply and weak steel demand dragging on prices in the world's top consumer of the raw material. Benchmark 62 percent grade iron ore for immediate delivery to China fel
Published 26 May, 2015 12:00am
Ukraine to export four million tonnes of maize to China

Ukraine to export four million tonnes of maize to China

Ukraine's state grain firm GPZKU plans to supply up to 4.0 million tonnes of maize to China in 2015 in line with a loan-for-grains deal signed in 2012, Latifundist agriculture news agency quoted GPZKU's chief executive as saying on Monday. GPZKU said last
Published 26 May, 2015 12:00am
Russia's April gasoil exports down

Russia's April gasoil exports down

Russian gasoil and fuel exports fell 25.4 percent and 5.7 percent, respectively, in April from the month before, while shipments of gasoline increased by 6.8 percent, Energy Ministry data and Reuters calculations showed. Russian domestic supplies of gasol
Published 26 May, 2015 12:00am
Karachi Port's Activities

Karachi Port's Activities

The Karachi Port handled 195,076 tonnes of cargo comprising 140,260 tonnes of import cargo and 54,816 tonnes of export cargo including 4,465 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 140
Published 26 May, 2015 12:00am
South Korea buys rice from China, US

South Korea buys rice from China, US

South Korea's Agro-Fisheries & Food Trade Corp has purchased at least 36,000 tonnes of rice to be sourced from the United States and China in an international tender on Thursday, European traders said on Friday. The purchase included about 17,000 tonnes o
Published 26 May, 2015 12:00am
EU wheat prices unchanged to slightly lower
Currency

EU wheat prices unchanged to slightly lower

European wheat prices were unchanged to slightly lower on Monday, pressured by a broad commodities sell-off on US markets on Friday, but trade remained very light with many European countries on holiday and US markets closed. Paris December milling wheat,
Published 26 May, 2015 12:00am
A nuclear Iran - II

A nuclear Iran - II

This refers to a letter "A nuclear Iran" carried by the newspaper recently. Iran's supreme leader Ayatollah Ali Khamenei was reported to have said that he would rather see no deal reached with major powers on his country's nuclear programme than one that
Published 26 May, 2015 12:00am
Eyeing the next frontier, Miami law firms ramp up Cuba strategy

Eyeing the next frontier, Miami law firms ramp up Cuba strategy

The Florida Bar is sending its first ever delegation of lawyers to Cuba this week to explore emerging new business opportunities as prospects heat up for closer political and commercial relations between the United States and the Communist-run island. Som
Published 26 May, 2015 12:00am
Rationality - the missing link

Rationality - the missing link

The pressure created by the rising tide of terrorism and targeted killings, disclosures before the Judicial Commission investigating the allegations of organised rigging of the 2013 elections, and routinely exposed frauds and maladministration in state of
Published 26 May, 2015 12:00am
Coming to grips with hatemongering

Coming to grips with hatemongering

As part of its anti-terrorism campaign the Punjab government has recently been acting tough against the purveyors of religious hatred. A number of cases have been registered against prayer leaders for making hate speeches against members of religious comm
Published 26 May, 2015 12:00am
Pakistan's economic performance

Pakistan's economic performance

The Federal Finance Secretary Waqar Masood informed the Parliament's Standing Committees of both houses on Finance that the growth target for the next fiscal year has been fixed at 5.5 percent and development spending at 580 billion rupees. He has also cl
Published 26 May, 2015 12:00am
Gilani unveils al Qaeda demand

Gilani unveils al Qaeda demand

Former Prime Minister Yousuf Raza Gilani on Monday visited the headquarters of intelligence agency, ISI, to discuss the abduction of his son. Gilani met DG ISI Lieutenant General Rizwan Akhtar and briefed him about his telephonic conversation with Ali Hai
Published 26 May, 2015 12:00am
Gilani unveils al Qaeda demand

Gilani unveils al Qaeda demand

Former Prime Minister Yousuf Raza Gilani on Monday visited the headquarters of intelligence agency, ISI, to discuss the abduction of his son. Gilani met DG ISI Lieutenant General Rizwan Akhtar and briefed him about his telephonic conversation with Ali Hai
Published 26 May, 2015 12:00am
Benazir's murder case: Siegel allowed to record statement via video link

Benazir's murder case: Siegel allowed to record statement via video link

An Anti-Terrorism Court (ATC) on Monday ordered that US journalist Mark Siegel's statement should be recorded through a video link in the murder case of former Prime Minister Benazir Bhutto. The ATC ordered the Foreign Ministry to direct the Pakistani Emb
Published 26 May, 2015 12:00am
Benazir's murder case: Siegel allowed to record statement via video link

Benazir's murder case: Siegel allowed to record statement via video link

An Anti-Terrorism Court (ATC) on Monday ordered that US journalist Mark Siegel's statement should be recorded through a video link in the murder case of former Prime Minister Benazir Bhutto. The ATC ordered the Foreign Ministry to direct the Pakistani Emb
Published 26 May, 2015 12:00am
Tunisian soldier shot dead after killing seven in army base

Tunisian soldier shot dead after killing seven in army base

A Tunisian soldier opened fire at a military base in the capital on Monday, killing seven colleagues and wounding 10 others before being shot dead himself, according to the army which said the shooter had "family problems". What exactly triggered the shoo
Published 26 May, 2015 12:00am
Tunisian soldier shot dead after killing seven in army base

Tunisian soldier shot dead after killing seven in army base

A Tunisian soldier opened fire at a military base in the capital on Monday, killing seven colleagues and wounding 10 others before being shot dead himself, according to the army which said the shooter had "family problems". What exactly triggered the shoo
Published 26 May, 2015 12:00am
Syrian rebels: Turkey agrees deal with US on air support

Syrian rebels: Turkey agrees deal with US on air support

The United States and Turkey have agreed "in principle" to give air support to some forces from Syria's mainstream opposition, Turkey's foreign minister said, in what if confirmed could mark an expansion of US involvement in the conflict. There was no imm
Published 26 May, 2015 12:00am
Syrian rebels: Turkey agrees deal with US on air support

Syrian rebels: Turkey agrees deal with US on air support

The United States and Turkey have agreed "in principle" to give air support to some forces from Syria's mainstream opposition, Turkey's foreign minister said, in what if confirmed could mark an expansion of US involvement in the conflict. There was no imm
Published 26 May, 2015 12:00am
Air France flight escorted to New York after threat

Air France flight escorted to New York after threat

An Air France flight from Paris was escorted by US fighter jets to New York's John F. Kennedy International Airport on Monday after an anonymous threat was made against the flight, according to WABC television. Flight 22 from Charles de Gaulle Airport lan
Published 26 May, 2015 12:00am
Air France flight escorted to New York after threat

Air France flight escorted to New York after threat

An Air France flight from Paris was escorted by US fighter jets to New York's John F. Kennedy International Airport on Monday after an anonymous threat was made against the flight, according to WABC television. Flight 22 from Charles de Gaulle Airport lan
Published 26 May, 2015 12:00am
Shoaib Sheikh's plea for security bail rejected

Shoaib Sheikh's plea for security bail rejected

Sindh High Court on Monday rejected Shoaib Sheikh's application for security bail in Karachi. The main character of Axact scandal, Shoaib Sheikh, presented himself before the court. His lawyers took permission of submitting an application for a security b
Published 26 May, 2015 12:00am
Shoaib Sheikh's plea for security bail rejected

Shoaib Sheikh's plea for security bail rejected

Sindh High Court on Monday rejected Shoaib Sheikh's application for security bail in Karachi. The main character of Axact scandal, Shoaib Sheikh, presented himself before the court. His lawyers took permission of submitting an application for a security b
Published 26 May, 2015 12:00am
About 100 US, European jets join Arctic exercise near Russia

About 100 US, European jets join Arctic exercise near Russia

About 100 fighter jets from the United States and eight European nations began an Arctic training exercise in the Nordic nations on Monday, a region worried by increased Russian military activity. The exercise, based in the north of Norway, Sweden and Fin
Published 26 May, 2015 12:00am
Punjab Assembly approves FJ Medical University Bill 2015

Punjab Assembly approves FJ Medical University Bill 2015

The Punjab Assembly on Monday evening approved Fatima Jinnah Medical University Bill 2015 by a majority vote. Law Minister Mujtaba Shujaur Rehman presented four bills for consideration of the house. As the house started proceedings Opposition leader Mian
Published 26 May, 2015 12:00am
LSE index gains 57.48 points

LSE index gains 57.48 points

Equities have swung to and fro on the stock exchange but settled in the green zone amid a slightly thin trading turnover. The LSE-25 index gained 57.48 points to 5550.57 against 5493.09 of last Friday while transaction volume stayed at 755,000 shares comp
Published 26 May, 2015 12:00am
LSE index gains 57.48 points

LSE index gains 57.48 points

Equities have swung to and fro on the stock exchange but settled in the green zone amid a slightly thin trading turnover. The LSE-25 index gained 57.48 points to 5550.57 against 5493.09 of last Friday while transaction volume stayed at 755,000 shares comp
Published 26 May, 2015 12:00am
ISE index gains 63.29 points

ISE index gains 63.29 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 63.29 points as the ISE Ten Index moved from 3,629.38
Published 26 May, 2015 12:00am
ISE index gains 63.29 points

ISE index gains 63.29 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 63.29 points as the ISE Ten Index moved from 3,629.38
Published 26 May, 2015 12:00am
SHO taken into custody

SHO taken into custody

DPO Asif Shahzad said things turned violent when police tried to stop lawyers who were "rioting" in the tehsil's Municipal Administration Office. He said that following a confrontation, the SHO fired gun shots which severely injured three lawyers includin
Published 26 May, 2015 12:00am
SHO taken into custody

SHO taken into custody

DPO Asif Shahzad said things turned violent when police tried to stop lawyers who were "rioting" in the tehsil's Municipal Administration Office. He said that following a confrontation, the SHO fired gun shots which severely injured three lawyers includin
Published 26 May, 2015 12:00am
How this tragic incident happened

How this tragic incident happened

A lawyer, Aamir Shehzad Bajwa, went to the record room of Daska Tehsil Municipal Administration (TMA) to get a copy of a 'Nikkah Nama' where record keeper Farooq Ahmed allegedly misbehaved with him. The lawyer called in some colleagues who allegedly thras
Published 26 May, 2015 12:00am
How this tragic incident happened

How this tragic incident happened

A lawyer, Aamir Shehzad Bajwa, went to the record room of Daska Tehsil Municipal Administration (TMA) to get a copy of a 'Nikkah Nama' where record keeper Farooq Ahmed allegedly misbehaved with him. The lawyer called in some colleagues who allegedly thras
Published 26 May, 2015 12:00am
The Weather

The Weather

The weather report on Monday (May 25, 2015) and the forecast for Tuesday (May 26, 2015).

Published 26 May, 2015 12:00am
Two lawyers shot dead by SHO

Two lawyers shot dead by SHO

Violent protests engulfed Daska, a tehsil of Sialkot, on Monday as protesting lawyers set ablaze several government offices and damaged private property after a police officer killed two lawyers, including the president of the local bar association. Lawye
Published 26 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 25, 2015).

Published 26 May, 2015 12:00am
Two lawyers shot dead by SHO

Two lawyers shot dead by SHO

Violent protests engulfed Daska, a tehsil of Sialkot, on Monday as protesting lawyers set ablaze several government offices and damaged private property after a police officer killed two lawyers, including the president of the local bar association. Lawye
Published 26 May, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 26 May, 2015 12:00am
President of Belarus due today

President of Belarus due today

President Alexander Lukashenko of Belarus is arriving on a two-day official visit today (Tuesday). This will be the first ever visit by a Belarusian President to Pakistan. The President of Belarus is leading a high powered delegation. According to Foreign
Published 26 May, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 26 May, 2015 12:00am
President of Belarus due today

President of Belarus due today

President Alexander Lukashenko of Belarus is arriving on a two-day official visit today (Tuesday). This will be the first ever visit by a Belarusian President to Pakistan. The President of Belarus is leading a high powered delegation. According to Foreign
Published 26 May, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 25, 2015).

Published 26 May, 2015 12:00am
BRIndex30 4.53 points up

BRIndex30 4.53 points up

On Monday, BRIndex30 opened at 19,110.05. It touched an intraday high of 19,175.81 and an intraday Low of 19,021.64 and closed at 19,114.58 which was 4.53 points or 0.02 percent higher than previous close. Total volume was 130,397,200, which was 72.79 per
Published 26 May, 2015 12:00am
BRIndex30 4.53 points up

BRIndex30 4.53 points up

On Monday, BRIndex30 opened at 19,110.05. It touched an intraday high of 19,175.81 and an intraday Low of 19,021.64 and closed at 19,114.58 which was 4.53 points or 0.02 percent higher than previous close. Total volume was 130,397,200, which was 72.79 per
Published 26 May, 2015 12:00am
Rate cut lifts KSE

Rate cut lifts KSE

The Karachi share market got a boost Monday as the growth-conscious central bank cut the cost of bank borrowings by one percent to a ''historic'' 42-year low of seven percent Saturday. However, a sharp decline in the index heavyweight banking stocks made
Published 26 May, 2015 12:00am
Rate cut lifts KSE

Rate cut lifts KSE

The Karachi share market got a boost Monday as the growth-conscious central bank cut the cost of bank borrowings by one percent to a 'historic' 42-year low of seven percent Saturday. However, a sharp decline in the index heavyweight banking stocks made th
Published 26 May, 2015 12:00am
Rate cut lifts KSE

Rate cut lifts KSE

The Karachi share market got a boost Monday as the growth-conscious central bank cut the cost of bank borrowings by one percent to a 'historic' 42-year low of seven percent Saturday. However, a sharp decline in the index heavyweight banking stocks made th
Published 26 May, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 25, 2015)

Published 26 May, 2015 12:00am
FBR seeks to enhance FED on sugar, edible oil

FBR seeks to enhance FED on sugar, edible oil

The Federal Board of Revenue (FBR) is proposing the government to enhance Federal Excise Duty (FED) on sugar, beverages and edible oil to generate additional revenue in budget (2015-16). Sources told Business Recorder on Monday that the budget make
Published 26 May, 2015 12:00am
FBR seeks to enhance FED on sugar, edible oil

FBR seeks to enhance FED on sugar, edible oil

The Federal Board of Revenue (FBR) is proposing the government to enhance Federal Excise Duty (FED) on sugar, beverages and edible oil to generate additional revenue in budget (2015-16). Sources told Business Recorder on Monday that the budget make
Published 26 May, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 25, 2015).

Published 26 May, 2015 12:00am
FBR seeks to enhance FED on sugar, edible oil

FBR seeks to enhance FED on sugar, edible oil

The Federal Board of Revenue (FBR) is proposing the government to enhance Federal Excise Duty (FED) on sugar, beverages and edible oil to generate additional revenue in budget (2015-16). Sources told Business Recorder on Monday that the budget make
Published 26 May, 2015 12:00am
Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

The government has projected a GDP growth rate of 5.5 percent for 2015-16 backed by projected growth of 3.9% in agriculture, 6.4% industry (with 6 percent in large scale manufacturing sector, 8.3 percent in small and household, 8.5 percent in construction
Published 26 May, 2015 12:00am
Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

The government has projected a GDP growth rate of 5.5 percent for 2015-16 backed by projected growth of 3.9% in agriculture, 6.4% industry (with 6 percent in large scale manufacturing sector, 8.3 percent in small and household, 8.5 percent in construction
Published 26 May, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15th May, 2015.

Published 26 May, 2015 12:00am
Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

Indirect taxes: 15.2 percent growth forecast for fiscal year 2015-16

The government has projected a GDP growth rate of 5.5 percent for 2015-16 backed by projected growth of 3.9% in agriculture, 6.4% industry (with 6 percent in large scale manufacturing sector, 8.3 percent in small and household, 8.5 percent in construction
Published 26 May, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15th May, 2015.

Published 26 May, 2015 12:00am
Parveen strong candidate for AGP''s post

Parveen strong candidate for AGP''s post

Secretary Pakistan Railways Parveen Agha is considered to be the favourite candidate for the vacant slot of Auditor General of Pakistan (AGP). The Finance Division on Saturday issued a notification regarding the removal of Mohammad Akhtar Buland Rana from
Published 26 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2015).

Published 26 May, 2015 12:00am
Parveen strong candidate for AGP's post

Parveen strong candidate for AGP's post

Secretary Pakistan Railways Parveen Agha is considered to be the favourite candidate for the vacant slot of Auditor General of Pakistan (AGP). The Finance Division on Saturday issued a notification regarding the removal of Mohammad Akhtar Buland Rana from
Published 26 May, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 25, 2015).

Published 26 May, 2015 12:00am
Parveen strong candidate for AGP's post

Parveen strong candidate for AGP's post

Secretary Pakistan Railways Parveen Agha is considered to be the favourite candidate for the vacant slot of Auditor General of Pakistan (AGP). The Finance Division on Saturday issued a notification regarding the removal of Mohammad Akhtar Buland Rana from
Published 26 May, 2015 12:00am
Enemies of Afghanistan are enemies of Pakistan: Sartaj

Enemies of Afghanistan are enemies of Pakistan: Sartaj

Adviser to the Prime Minister on National Security and Foreign Affairs on Monday declared that "enemies of Afghanistan are enemies of Pakistan" and the two neighbours have resolved to root out the menace of terrorism through co-ordinated efforts. Inaugura
Published 26 May, 2015 12:00am
Enemies of Afghanistan are enemies of Pakistan: Sartaj

Enemies of Afghanistan are enemies of Pakistan: Sartaj

Adviser to the Prime Minister on National Security and Foreign Affairs on Monday declared that "enemies of Afghanistan are enemies of Pakistan" and the two neighbours have resolved to root out the menace of terrorism through co-ordinated efforts. Inaugura
Published 26 May, 2015 12:00am
THE RUPEE: rates under pressure
Currency

THE RUPEE: rates under pressure

A downward trend was seen on the money market on Monday as the rupee depreciated against the dollar on strong demand in process of business, they said. The rupee dropped by seven paisa versus the dollar for buying at Rs 102.04 and it also shed 10 paisa fo
Published 26 May, 2015 12:00am
Two alleged terrorists killed in suicide blast

Two alleged terrorists killed in suicide blast

At least two alleged terrorists were killed in a suicide attack, targeting Rangers in Orangi Town on late Monday morning, according to private TV channel. According to initial reports, Rangers were conducting a search operation at the time of suicide atta
Published 26 May, 2015 12:00am
THE RUPEE: rates under pressure
Currency

THE RUPEE: rates under pressure

A downward trend was seen on the money market on Monday as the rupee depreciated against the dollar on strong demand in process of business, they said. The rupee dropped by seven paisa versus the dollar for buying at Rs 102.04 and it also shed 10 paisa fo
Published 26 May, 2015 12:00am
Review and the way forward
Cotton

Review and the way forward

The following is the working paper for meeting of the Annual Plan Coordination Committee (APCC) 2015
Published 26 May, 2015 12:00am
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