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Apr 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-07-27
Islamic Banking deposits to reach Rs four trillion by 2020

Islamic Banking deposits to reach Rs four trillion by 2020

Pakistan's Islamic Banking deposits are expected to reach Rs 4 trillion by 2020 attaining a market share of 20 percent of the local banking sector. Speaking at the inaugural session of "Workshop on Islamic Finance for Media Professionals", Ahmed Ali Siddi
Published 27 Jul, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Jul, 2016 12:00am
Industrial, energy sectors: 24 pacts, MoUs inked with China

Industrial, energy sectors: 24 pacts, MoUs inked with China

Punjab Chief Minister Muhammad Shahbaz Sharif met Chinese Vice Foreign Minister Zhang Yesui in Beijing on Tuesday. Speaking on the occasion, the Chief Minister said that Pak-China friendship is a precious asset of every Pakistani. He said that completion
Published 27 Jul, 2016 12:00am
Industrial, energy sectors: 24 pacts, MoUs inked with China

Industrial, energy sectors: 24 pacts, MoUs inked with China

Punjab Chief Minister Muhammad Shahbaz Sharif met Chinese Vice Foreign Minister Zhang Yesui in Beijing on Tuesday. Speaking on the occasion, the Chief Minister said that Pak-China friendship is a precious asset of every Pakistani. He said that completion
Published 27 Jul, 2016 12:00am
Industrial, energy sectors: 24 pacts, MoUs inked with China

Industrial, energy sectors: 24 pacts, MoUs inked with China

Punjab Chief Minister Muhammad Shahbaz Sharif met Chinese Vice Foreign Minister Zhang Yesui in Beijing on Tuesday. Speaking on the occasion, the Chief Minister said that Pak-China friendship is a precious asset of every Pakistani. He said that completion
Published 27 Jul, 2016 12:00am
NTDC's plea against 9 IPPs rejected by LCIA

NTDC's plea against 9 IPPs rejected by LCIA

The London Court of International Arbitration (LCIA) has reportedly rejected the plea of National Transmission and Despatch Company (NTDC) against nine Independent Power Producers (IPPs) and ordered the state-owned company to withdraw application from a L
Published 27 Jul, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 26, 2016).

Published 27 Jul, 2016 12:00am
NTDC's plea against 9 IPPs rejected by LCIA

NTDC's plea against 9 IPPs rejected by LCIA

The London Court of International Arbitration (LCIA) has reportedly rejected the plea of National Transmission and Despatch Company (NTDC) against nine Independent Power Producers (IPPs) and ordered the state-owned company to withdraw application from a L
Published 27 Jul, 2016 12:00am
NTDC''s plea against 9 IPPs rejected by LCIA

NTDC''s plea against 9 IPPs rejected by LCIA

The London Court of International Arbitration (LCIA) has reportedly rejected the plea of National Transmission and Despatch Company (NTDC) against nine Independent Power Producers (IPPs) and ordered the state-owned company to withdraw application from a L
Published 27 Jul, 2016 12:00am
Curfew lifted in Srinagar as four Kashmiris killed

Curfew lifted in Srinagar as four Kashmiris killed

Authorities lifted a curfew, here on Tuesday after 17 days of lockdown, but protesters continued to clash with police in the main city of Indian-held Kashmir following two weeks of deadly violence. "There will be no restrictions in any part of occupied di
Published 27 Jul, 2016 12:00am
Curfew lifted in Srinagar as four Kashmiris killed

Curfew lifted in Srinagar as four Kashmiris killed

Authorities lifted a curfew, here on Tuesday after 17 days of lockdown, but protesters continued to clash with police in the main city of Indian-held Kashmir following two weeks of deadly violence. "There will be no restrictions in any part of occupied di
Published 27 Jul, 2016 12:00am
Global challenges: ARF resolves to intensify co-operation, consultation

Global challenges: ARF resolves to intensify co-operation, consultation

Twenty-seven foreign ministers attending the Asean Regional Forum, at the concluding session Tuesday, resolved to intensify co-operation and consultation on growing global challenges of terrorism, migration and refugees, climate change and maritime securi
Published 27 Jul, 2016 12:00am
THE RUPEE: modest fall on open market
Currency

THE RUPEE: modest fall on open market

An easier trend persisted on the open market on Tuesday in the process of trading, dealers said. The rupee depreciated by 15 paisas in terms of the dollar for buying and selling at Rs 105.70 and Rs 105.90 respectively, they said. The rupee also shed 30 pa
Published 27 Jul, 2016 12:00am
Sisi lauds Pakistan Army's role against terrorism

Sisi lauds Pakistan Army's role against terrorism

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday met Egyptian President Abdel Fattah Saeed Hussein Khalil el-Sisi in Cairo. Regional security situation and prevalent besides emerging security challenges were discussed during the meeting, Direct
Published 27 Jul, 2016 12:00am
THE RUPEE: modest fall on open market
Currency

THE RUPEE: modest fall on open market

An easier trend persisted on the open market on Tuesday in the process of trading, dealers said. The rupee depreciated by 15 paisas in terms of the dollar for buying and selling at Rs 105.70 and Rs 105.90 respectively, they said. The rupee also shed 30 pa
Published 27 Jul, 2016 12:00am
On the sidelines of ARF: Sartaj meets Kerry

On the sidelines of ARF: Sartaj meets Kerry

US Secretary of State John Kerry assured Foreign Affairs Adviser Sartaj Aziz that the United States is ready to improve and expand its multidimensional partnership with Pakistan. During the meeting, held on the sidelines of the ASEAN Regional Forum (ARF)
Published 27 Jul, 2016 12:00am
On the sidelines of ARF: Sartaj meets Kerry

On the sidelines of ARF: Sartaj meets Kerry

US Secretary of State John Kerry assured Foreign Affairs Adviser Sartaj Aziz that the United States is ready to improve and expand its multidimensional partnership with Pakistan. During the meeting, held on the sidelines of the ASEAN Regional Forum (ARF)
Published 27 Jul, 2016 12:00am
Pakistan UK's dependable ally: May

Pakistan UK's dependable ally: May

Prime Minister Nawaz Sharif on Tuesday assured British Prime Minister Theresa May of his support to work closely with her in achieving close bilateral relations in all fields. The Prime Minister was talking to British Prime Minister Theresa May who phoned
Published 27 Jul, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 26, 2016).

Published 27 Jul, 2016 12:00am
Pakistan UK's dependable ally: May

Pakistan UK's dependable ally: May

Prime Minister Nawaz Sharif on Tuesday assured British Prime Minister Theresa May of his support to work closely with her in achieving close bilateral relations in all fields. The Prime Minister was talking to British Prime Minister Theresa May who phoned
Published 27 Jul, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 26, 2016).

Published 27 Jul, 2016 12:00am
One of France church attackers charged

One of France church attackers charged

One of the two attackers who stormed a church in France and slit a priest's throat on Tuesday had been charged with terror links and held before being freed on bail, a source close to the investigation said. The assailant, who was known to France's anti-t
Published 27 Jul, 2016 12:00am
One of France church attackers charged

One of France church attackers charged

One of the two attackers who stormed a church in France and slit a priest's throat on Tuesday had been charged with terror links and held before being freed on bail, a source close to the investigation said. The assailant, who was known to France's anti-t
Published 27 Jul, 2016 12:00am
Goldman sued over 1MDB links in Malaysian bank merger

Goldman sued over 1MDB links in Malaysian bank merger

In a new development linked to the 1MDB corruption scandal, a former Hong Kong-based investment fund is suing Goldman Sachs for conflict of interest in advising a 2011 Malaysian bank merger. Primus Pacific Partners said Tuesday that Goldman and its then m
Published 27 Jul, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 26, 2016)

Published 27 Jul, 2016 12:00am
Goldman sued over 1MDB links in Malaysian bank merger

Goldman sued over 1MDB links in Malaysian bank merger

In a new development linked to the 1MDB corruption scandal, a former Hong Kong-based investment fund is suing Goldman Sachs for conflict of interest in advising a 2011 Malaysian bank merger. Primus Pacific Partners said Tuesday that Goldman and its then m
Published 27 Jul, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 26, 2016).

Published 27 Jul, 2016 12:00am
Goldman sued over 1MDB links in Malaysian bank merger

Goldman sued over 1MDB links in Malaysian bank merger

In a new development linked to the 1MDB corruption scandal, a former Hong Kong-based investment fund is suing Goldman Sachs for conflict of interest in advising a 2011 Malaysian bank merger. Primus Pacific Partners said Tuesday that Goldman and its then m
Published 27 Jul, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 27 Jul, 2016 12:00am
Indonesia to execute foreign drug convicts this week

Indonesia to execute foreign drug convicts this week

A group of drug convicts including foreigners will face the firing squad in Indonesia this week after authorities Tuesday gave notice of their executions, a diplomat said, despite protests from governments and rights groups. Syed Zahid Raza, the deputy Pa
Published 27 Jul, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 27 Jul, 2016 12:00am
Indonesia to execute foreign drug convicts this week

Indonesia to execute foreign drug convicts this week

A group of drug convicts including foreigners will face the firing squad in Indonesia this week after authorities Tuesday gave notice of their executions, a diplomat said, despite protests from governments and rights groups. Syed Zahid Raza, the deputy Pa
Published 27 Jul, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 26, 2016).

Published 27 Jul, 2016 12:00am
New Sindh chief minister: PPP nominates Murad; election on Friday

New Sindh chief minister: PPP nominates Murad; election on Friday

Bilawal Bhutto Zardari on Tuesday nominated Senior Minister for Finance and Energy Syed Murad Ali Shah as the party candidate for the chief ministership of Sindh, it has been learnt. Addressing PPP Sindh Parliamentary Party meeting on Tuesday, Biawal Bhut
Published 27 Jul, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (July 26, 2016) and the forecast for Wednnesday (July 27, 2016).

Published 27 Jul, 2016 12:00am
New Sindh chief minister: PPP nominates Murad; election on Friday

New Sindh chief minister: PPP nominates Murad; election on Friday

Bilawal Bhutto Zardari on Tuesday nominated Senior Minister for Finance and Energy Syed Murad Ali Shah as the party candidate for the chief ministership of Sindh, it has been learnt. Addressing PPP Sindh Parliamentary Party meeting on Tuesday, Biawal Bhut
Published 27 Jul, 2016 12:00am
STPF 2015-18: IPO placed under MoC

STPF 2015-18: IPO placed under MoC

The government has placed Intellectual Property Organisation (IPO) under Ministry of Commerce in the light of Strategic Trade Policy Framework 2015-18. IPO-Pakistan is the focal government body for registration and protection of Intellectual Property righ
Published 27 Jul, 2016 12:00am
Making budget documents easy to read

Making budget documents easy to read

The Finance Department of Khyber Pakhtunkhwa (KPK) has initiated reforms targeted towards improving service delivery, fiscal management and accountability through publishing a 'citizen's budget' which is defined as assisting the non-specialists in underst
Published 27 Jul, 2016 12:00am
The reign of terror in IOK

The reign of terror in IOK

Prime Minister Nawaz Sharif chaired the National Security Council's long overdue meeting on Friday. Although initially scheduled to discuss the border tensions with Afghanistan and some internal security issues, sudden escalation of violence in the Indian
Published 27 Jul, 2016 12:00am
A great global economic war in the making?

A great global economic war in the making?

Clinton or Trump? That is the question that is going to keep almost the entire world engaged in a guessing game until the day of reckoning - November 8, 2016. But no matter who would win, the US along with countries under its sphere of influence is likely
Published 27 Jul, 2016 12:00am
Stock market, growth and corporate governance

Stock market, growth and corporate governance

There seems to be no stopping the Pakistan Stock market. It is like the bean stalk that keeps taking Jack up and up. Every day it reaches a new high, staying way ahead of its rival across the border. The other race horse - foreign exchange reserves - look
Published 27 Jul, 2016 12:00am
Michelle Obama delivers glowing endorsement of Clinton

Michelle Obama delivers glowing endorsement of Clinton

When her husband first ran for president in 2008, Michelle Obama cautiously entered the political arena, fully supportive of his candidacy yet wary of the country's partisan battles. Two terms later, the first lady known for her wit, style and tact has em
Published 27 Jul, 2016 12:00am
Members of ECP

Members of ECP

According to media reports, on July 25, based on the advice of the Prime Minister, the President has appointed four new members of the Election Commission of Pakistan. Of these four members, three are former judges of the provincial High Courts, but the f
Published 27 Jul, 2016 12:00am
Target killer confesses to killing 3 employees of TV channel

Target killer confesses to killing 3 employees of TV channel

A target killer associated with a banned outfit on Tuesday confessed to killing three employees of a TV channel among others. The investigation report stated that Sarfraz was arrested in Federal B Area and revealed during interrogation that he murdered a
Published 27 Jul, 2016 12:00am
Outgoing Sindh chief minister denies rift in party

Outgoing Sindh chief minister denies rift in party

Sindh Chief Minister Syed Qaim Ali Shah has said that Pakistan Peoples' Party leadership has decided to induct a new chief minister in his place. "I bow down before the decision of the party. It must have taken right decision." This he said while talking
Published 27 Jul, 2016 12:00am
Minister too sees no rift

Minister too sees no rift

Sindh Minister for Population Welfare Syed Ali Mardan Shah has said that there were no differences among the Pakistan People's Party on the issue of chief ministership and the entire party cadre was following the policy of leadership in the regard. Addres
Published 27 Jul, 2016 12:00am
Common threats demand closer Iran-Pakistan cooperation: Fazli

Common threats demand closer Iran-Pakistan cooperation: Fazli

Iran and Pakistan are complementary to each other and their relations are strategic, Minister of Interior Abdolreza Rahmani Fazli said on Tuesday. He made these remarks in a meeting with Pakistani Adviser to Prime Minister on National Security Nasir Khan
Published 27 Jul, 2016 12:00am
US ambassador inaugurates flagship Lincoln Corner

US ambassador inaugurates flagship Lincoln Corner

American Ambassador David Hale and Sindh Chief Minister Qaim Ali Shah on Tuesday inaugurated the Lincoln Corner at Liaquat Memorial Library in Karachi. The Karachi site will serve as the flagship Lincoln Corner in Pakistan. On this occasion Special Assist
Published 27 Jul, 2016 12:00am
FPCCI organizing seminar on 'education system' on July 30

FPCCI organizing seminar on 'education system' on July 30

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is organizing a seminar on "Education system - Problem & Solution" in collaboration with Old Ravian Association Karachi (ORAK) on July 30, 2016 at Federation House Karachi. This was stated b
Published 27 Jul, 2016 12:00am
Man arrested for committing anti-civilian rule act

Man arrested for committing anti-civilian rule act

Authorities arrested one more person for suggesting that the army seize power from the civilian government of Prime Minister Nawaz Sharif, police said on Tuesday. Police arrested Muhammad Islam Khan in Bannu on Monday after he staged a poll on a street, a
Published 27 Jul, 2016 12:00am
VC meets editors of SU research journals

VC meets editors of SU research journals

Professor Dr Muhammad Siddique Kalhoro, Vice-Chancellor, University of Sindh presided over a meeting organized to review quality and concerns regarding the research journals published periodically by various faculties, departments/institutes/ centers of t
Published 27 Jul, 2016 12:00am
BR business manager Tarique Khan passes away

BR business manager Tarique Khan passes away

Mouinuddin Tarique Khan, a senior staff member of Business Recorder, passed away on Tuesday. He was 54. He left behind wife and three sons to mourn his death. A large number of people, including journalists, attended his funeral prayer held after A
Published 27 Jul, 2016 12:00am
IESCO arrests 8 power thieves

IESCO arrests 8 power thieves

Islamabad Electric Supply Company (IESCO) apprehended 8 electricity thieves upon the special directives of Chief Executive Officer Dr Rana Abdul Jabbar Khan in different areas of IESCO Region. According to the details two culprits were caught red-handed f
Published 27 Jul, 2016 12:00am
Educational institutes: security arrangements reviewed

Educational institutes: security arrangements reviewed

Security arrangements in schools, colleges and universities will be re-checked before the end of summer vacations and focal persons will monitor the steps. The re-checking order came from Punjab Chief Secretary Zahid Saeed chairing a meeting of the Admini
Published 27 Jul, 2016 12:00am
Pakistan enjoyed $2 billion trade surplus with US: Hale

Pakistan enjoyed $2 billion trade surplus with US: Hale

Pakistan enjoyed nearly $2 billion trade surplus in bilateral trade with the United States during 2015, said American Ambassador David Hale here at Pakistan Stock Exchange (PSX) Tuesday. Tuesday was a busy day for Hale who, according to US Consulate Karac
Published 27 Jul, 2016 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold was little changed on Tuesday, after falling in the past two sessions, as the dollar slipped and equities eased ahead of the US Federal Reserve meeting later in the day. Spot gold was up 0.1 percent $1,316.80 an ounce at 0655 GMT, hovering above the
Published 27 Jul, 2016 12:00am
Export controls: Pakistan's measures globally recognised

Export controls: Pakistan's measures globally recognised

Director General of Strategic Export Control Division, Ministry of Foreign Affairs and head of a four-member team, Zafar Ali while addressing the Lahore Chamber of Commerce and Industry on Tuesday said, "Pakistan's measures to further strengthen its expor
Published 27 Jul, 2016 12:00am
UBL Funds opens investment centre in Lahore

UBL Funds opens investment centre in Lahore

Continuing its commitment to increase awareness and visible presence of mutual funds investment in Pakistan, UBL Fund Managers Limited (UBL Funds) inaugurated a brand new investment centre in Phase III, DHA, Lahore on 26th July 2016. The inauguration cere
Published 27 Jul, 2016 12:00am
UBL Funds opens investment centre in Lahore

UBL Funds opens investment centre in Lahore

Continuing its commitment to increase awareness and visible presence of mutual funds investment in Pakistan, UBL Fund Managers Limited (UBL Funds) inaugurated a brand new investment centre in Phase III, DHA, Lahore on 26th July 2016. The inauguration cere
Published 27 Jul, 2016 12:00am
Multan traders seek measures against counter-productive FTAs

Multan traders seek measures against counter-productive FTAs

The business community of Southern Punjab had urged upon the government to review all counter-productive free trade agreements which are against the national interests but nobody was blamed yet and satisfactory steps were not taken to fix the issue. Presi
Published 27 Jul, 2016 12:00am
PVTC replicating CBT in institutes in gradual manner

PVTC replicating CBT in institutes in gradual manner

The Competency Based Training (CBT) programme provides the foundation for the implementation of the National Vocational Qualifications Framework (NVQF). The Punjab Vocational Training Council (PVTC) is replicating the CBT in all its vocational training in
Published 27 Jul, 2016 12:00am
Changes in Sindh: PPP Punjab terms positive move

Changes in Sindh: PPP Punjab terms positive move

Pakistan Peoples' Party (PPP) Punjab is looking positively towards the changes in PPP Sindh, saying that Bilawal Bhutto would take up the reorganization of Punjab chapter in second phase. The party sources expressed their sympathy with Syed Qaim Ali Shah,
Published 27 Jul, 2016 12:00am
Tevta clarification

Tevta clarification

"We would like to submit our clarification regarding the news published in Business Recorder dated July 26 about TEVTA. "TEVTA Punjab is an autonomous body with its own rules and regulations which was formed in 1999, to provide Technical and Vocati
Published 27 Jul, 2016 12:00am
Water supply project in Punjab: 12 global companies pre-qualify

Water supply project in Punjab: 12 global companies pre-qualify

Twelve globally-acclaimed companies having experience of implementing engineering, procurement and construction (EPC) projects, after fulfilling stringent criterion laid down by Punjab Saaf Pani Company (PSPC), have pre-qualified to execute Khadim-e-Punja
Published 27 Jul, 2016 12:00am
Water supply project in Punjab: 12 global companies pre-qualify

Water supply project in Punjab: 12 global companies pre-qualify

Twelve globally-acclaimed companies having experience of implementing engineering, procurement and construction (EPC) projects, after fulfilling stringent criterion laid down by Punjab Saaf Pani Company (PSPC), have pre-qualified to execute Khadim-e-Punja
Published 27 Jul, 2016 12:00am
Punjab offers conducive environment for investment: minister

Punjab offers conducive environment for investment: minister

Provincial Minister for Labour & Human Resource Raja Ashfaq Sarwar has said that due to endless efforts and personal interest of Chief Minister Punjab Shehbaz Sharif, there is conducive atmosphere for huge investment and trade in Punjab for foreign invest
Published 27 Jul, 2016 12:00am
Safe City project Punjab government may get Rs 35 billion loan

Safe City project Punjab government may get Rs 35 billion loan

Punjab government is considering to get Rs 35 billion loan for smooth implementation of the Safe City project. Punjab government has initiated the project in the provincial metropolis with a goal to spread all around the province. However, financial const
Published 27 Jul, 2016 12:00am
President of JAC Company visits PBIT

President of JAC Company visits PBIT

The Punjab Board of Investment and Trade (PBIT) welcomed a delegation comprising of eminent Chinese businessmen including the President of JAC Company in Pakistan in order to discuss ways to enhance foreign direct investment in Pakistan. JAC Company is a
Published 27 Jul, 2016 12:00am
Punjab's nine districts: polio drive to conclude tomorrow: Rafique

Punjab's nine districts: polio drive to conclude tomorrow: Rafique

A polio campaign in Punjab's nine districts is successfully underway and will continue till Thursday, Health Advisor Khawaja Salman Rafique said on Tuesday. The nine selected districts are Dera Ghazi Khan, Muzaffargarh (except Kot Addu), Layyah (Tehsil La
Published 27 Jul, 2016 12:00am
Gold pares losses in New York

Gold pares losses in New York

Gold pared losses on Monday as the dollar and world stock markets turned lower ahead of central bank meetings in the United States and Japan. The world's major economies pledged at a G20 meeting over the weekend, dominated by Britain's vote last month to
Published 27 Jul, 2016 12:00am
Cocoa prices to fall as market swings into surplus
Currency

Cocoa prices to fall as market swings into surplus

Cocoa prices are forecast to fall by the end of the year as the global market swings into surplus, a Reuters poll of 11 analysts, brokers and traders showed on Monday. The survey produced a median forecast of a global cocoa surplus of 114,500 tonnes in th
Published 27 Jul, 2016 12:00am
US MIDDAY: wheat tumbles

US MIDDAY: wheat tumbles

Chicago Board of Trade wheat futures plunged as much as 3 percent on Tuesday, heading for their largest daily losses in three weeks on pressure from ample global grain supplies and following declines in Euronext wheat, traders said. Wheat on the Paris exc
Published 27 Jul, 2016 12:00am
Agritel sees German 2016 wheat crop at 26 million tonnes

Agritel sees German 2016 wheat crop at 26 million tonnes

Germany will harvest 26.03 million tonnes of wheat this year, down 1.9 percent from a hefty crop in 2015, French consultancy Agritel said on Tuesday, basing its estimate on a crop tour carried out in early July. Concerns have mounted in the second-largest
Published 27 Jul, 2016 12:00am
Gold climbs in Europe
Currency

Gold climbs in Europe

Gold rose on Tuesday as the dollar fell, but remained hemmed into a range ahead of a two-day Federal Reserve policy meeting this week, which will be closely watched for clues on the outlook for US interest rates. The dollar slid a quarter of a percent aga
Published 27 Jul, 2016 12:00am
Senate body passes 'Prevention of Electronic Crime Bill'

Senate body passes 'Prevention of Electronic Crime Bill'

Senate Standing Committee on Information Technology and Telecommunication on Tuesday unanimously passed "Prevention of Electronic Crime Bill, 2016" with amendments to water down the law by providing more safeguards and trimming the unbridled powers of inv
Published 27 Jul, 2016 12:00am
Century Paper & Board Mills Limited (CPBM)

Century Paper & Board Mills Limited (CPBM)

Established in 1984, Century Paper & Board Mills Limited (CPBM) is the flagship company of the Lakson Group of Companies. In 1990, Century started its commercial production and quickly became the market leader particularly in packaging boards segment. It
Published 27 Jul, 2016 12:00am
Century Paper & Board Mills Limited (CPBM)

Century Paper & Board Mills Limited (CPBM)

Established in 1984, Century Paper & Board Mills Limited (CPBM) is the flagship company of the Lakson Group of Companies. In 1990, Century started its commercial production and quickly became the market leader particularly in packaging boards segment. It
Published 27 Jul, 2016 12:00am
Sharifs 'handpicked' 23 federal secretaries from Punjab, Senate told

Sharifs 'handpicked' 23 federal secretaries from Punjab, Senate told

The Senate was informed on Tuesday that Punjab province which is considered to be the stronghold of Sharifs, had handpicked 23 federal secretaries from their province in pool of 41 federal secretaries, while there is none from Balochistan. In a written re
Published 27 Jul, 2016 12:00am
Senate body passes 'Prevention of Electronic Crime Bill'

Senate body passes 'Prevention of Electronic Crime Bill'

Senate Standing Committee on Information Technology and Telecommunication on Tuesday unanimously passed "Prevention of Electronic Crime Bill, 2016" with amendments to water down the law by providing more safeguards and trimming the unbridled powers of inv
Published 27 Jul, 2016 12:00am
US tells Beijing sea patrols will continue: official

US tells Beijing sea patrols will continue: official

The US will continue naval patrols in the disputed South China Sea, Washington's National Security Adviser Susan Rice told Chinese representatives during a series of meetings in Beijing, a senior American official said Tuesday. Rice is among the highest-l
Published 27 Jul, 2016 12:00am
Twin suicide bombs kill 13 near Mogadishu airport

Twin suicide bombs kill 13 near Mogadishu airport

At least 13 people were killed on Tuesday in twin bombings near UN and African Union buildings adjoining Mogadishu's airport, police said, in what the jihadist Shabaab group claimed as a suicide attack. The al Qaeda aligned Shabaab group is blamed for a s
Published 27 Jul, 2016 12:00am
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