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Print - 2016-12-10
Yuan down, state banks step in to temper fall
Currency

Yuan down, state banks step in to temper fall

Chinese state banks jumped in to stem yuan weakness on Friday morning after the US dollar rose broadly, but the currency remained vulnerable in the face of a relentlessly rising greenback amid expectations of higher US interest rates. The yuan touched 6.9
Published 10 Dec, 2016 12:00am
Euro drops in New York

Euro drops in New York

The euro dropped over 1 percent on Thursday after the European Central Bank cut the size of its asset purchase program but extended it longer than many had expected. The ECB said it would reduce its monthly asset buys to 60 billion euros as of April, from
Published 10 Dec, 2016 12:00am
Early trade in New York: Euro remains down for second day
Currency

Early trade in New York: Euro remains down for second day

The euro dropped on Friday for the second consecutive day after the European Central Bank on Thursday extended its bond-buying program longer than many had anticipated, even as it cut the size of the monthly purchases. The ECB said it would reduce its mon
Published 10 Dec, 2016 12:00am
Yen, euro fall in Europe as dollar momentum builds again
Currency

Yen, euro fall in Europe as dollar momentum builds again

The euro was back under pressure on Friday after an extension of the European Central Bank's programme of money-printing drove its biggest daily loss against the dollar since Britain's vote to leave the European Union in June. While the ECB said it would
Published 10 Dec, 2016 12:00am
Dollar rises broadly in Asian trade
Currency

Dollar rises broadly in Asian trade

The dollar rose broadly on Friday as US bond yields rose, while the euro sank after the European Central Bank's decision to extend its debt-buying programme even as it cut the size of its purchases disappointed currency bulls. The dollar index gained 0.1
Published 10 Dec, 2016 12:00am
FTSE records best week since July, Sky surges 27 percent on Fox bid

FTSE records best week since July, Sky surges 27 percent on Fox bid

Britain's top stock index recorded its biggest weekly rise in five months, with a late boost on Friday when Sky shares surged by more than 25 percent on a takeover approach from Twenty-First Century Fox. Sky shares recorded their biggest ever one-day perc
Published 10 Dec, 2016 12:00am
Winter break in Sindh from December 22

Winter break in Sindh from December 22

Educational institutions in Sindh will remain closed from December 22-31, 2016 for winter holidays, a notification issued from the Sindh government. Educational institutes will reopen on January 2, 2017. The schedule will be followed by both public and pr
Published 10 Dec, 2016 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 10 Dec, 2016 12:00am
Army's stay in Islamabad extended by 90 days

Army's stay in Islamabad extended by 90 days

The federal government has extended the stay of Pakistan Army in federal Capital for 90 days in aid of the civil law enforcement agencies (LEAs). According to notification issued by the Ministry of Interior, the government has extended the stay of Pakista
Published 10 Dec, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Dec, 2016 12:00am
Army's stay in Islamabad extended by 90 days

Army's stay in Islamabad extended by 90 days

The federal government has extended the stay of Pakistan Army in federal Capital for 90 days in aid of the civil law enforcement agencies (LEAs). According to notification issued by the Ministry of Interior, the government has extended the stay of Pakista
Published 10 Dec, 2016 12:00am
Japan ratifies TPP despite Trump's opposition

Japan ratifies TPP despite Trump's opposition

Japan's parliament ratified the Trans-Pacific Partnership (TPP) free-trade deal on Friday, but it was largely viewed as an empty gesture owing to opposition by US President-elect Donald Trump. A majority of upper house lawmakers, led by Prime Minister Shi
Published 10 Dec, 2016 12:00am
Japan ratifies TPP despite Trump's opposition

Japan ratifies TPP despite Trump's opposition

Japan's parliament ratified the Trans-Pacific Partnership (TPP) free-trade deal on Friday, but it was largely viewed as an empty gesture owing to opposition by US President-elect Donald Trump. A majority of upper house lawmakers, led by Prime Minister Shi
Published 10 Dec, 2016 12:00am
Lieutenant-General Nadeem made Comd 10 Corps

Lieutenant-General Nadeem made Comd 10 Corps

Army Chief approved appointment of Lieutenant General Nadeem Raza as Comd 10 Corps. According to ISPR, Lieutenant General Zafar Iqbal now Comd 10 Corps has been posted as Director General JS at JSHQ. In another move Lieutenant General Sarfraz Sattar has p
Published 10 Dec, 2016 12:00am
Lieutenant-General Nadeem made Comd 10 Corps

Lieutenant-General Nadeem made Comd 10 Corps

Army Chief approved appointment of Lieutenant General Nadeem Raza as Comd 10 Corps. According to ISPR, Lieutenant General Zafar Iqbal now Comd 10 Corps has been posted as Director General JS at JSHQ. In another move Lieutenant General Sarfraz Sattar has p
Published 10 Dec, 2016 12:00am
FBR wing pursuing biggest money laundering case
Currency

FBR wing pursuing biggest money laundering case

The Directorate General of Intelligence and Investigation Inland Revenue (IR) is strongly pursuing biggest money laundering case against two businessmen of electronics, etc, involving $94 million, which resulted in bailable arrest warrants of both accused
Published 10 Dec, 2016 12:00am
FBR wing pursuing biggest money laundering case
Currency

FBR wing pursuing biggest money laundering case

The Directorate General of Intelligence and Investigation Inland Revenue (IR) is strongly pursuing biggest money laundering case against two businessmen of electronics, etc, involving $94 million, which resulted in bailable arrest warrants of both accused
Published 10 Dec, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 09, 2016).

Published 10 Dec, 2016 12:00am
FBR wing pursuing biggest money laundering case
Currency

FBR wing pursuing biggest money laundering case

The Directorate General of Intelligence and Investigation Inland Revenue (IR) is strongly pursuing biggest money laundering case against two businessmen of electronics, etc, involving $94 million, which resulted in bailable arrest warrants of both accused
Published 10 Dec, 2016 12:00am
FBR, PRAs move to deduct GST on NTS fees

FBR, PRAs move to deduct GST on NTS fees

The Federal Board of Revenue (FBR), Punjab Revenue Authority (PRA) and Sindh Revenue Board (SRB) have issued notices to National Testing Service-Pakistan (NTS), demanding deduction of sales tax, on behalf of the federal and provincial governments, from al
Published 10 Dec, 2016 12:00am
FBR, PRAs move to deduct GST on NTS fees

FBR, PRAs move to deduct GST on NTS fees

The Federal Board of Revenue (FBR), Punjab Revenue Authority (PRA) and Sindh Revenue Board (SRB) have issued notices to National Testing Service-Pakistan (NTS), demanding deduction of sales tax, on behalf of the federal and provincial governments, from al
Published 10 Dec, 2016 12:00am
FBR, PRAs move to deduct GST on NTS fees

FBR, PRAs move to deduct GST on NTS fees

The Federal Board of Revenue (FBR), Punjab Revenue Authority (PRA) and Sindh Revenue Board (SRB) have issued notices to National Testing Service-Pakistan (NTS), demanding deduction of sales tax, on behalf of the federal and provincial governments, from al
Published 10 Dec, 2016 12:00am
Germany launches 150 million euro aid package for returning migrants

Germany launches 150 million euro aid package for returning migrants

Germany has pledged to spend 150 million euros ($189 million) helping migrants return home, the minister of development said in an interview published Friday. The aid fund will benefit both failed asylum seekers and migrants who choose to return to their
Published 10 Dec, 2016 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

The rupee fell modestly against the dollar on the money market on Friday in the process of trading, dealers said. The rupee shed two paisas in relation to the dollar for buying and selling at Rs 104.78 and Rs 104.80 respectively, they said.
Published 10 Dec, 2016 12:00am
Germany launches 150 million euro aid package for returning migrants

Germany launches 150 million euro aid package for returning migrants

Germany has pledged to spend 150 million euros ($189 million) helping migrants return home, the minister of development said in an interview published Friday. The aid fund will benefit both failed asylum seekers and migrants who choose to return to their
Published 10 Dec, 2016 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

The rupee fell modestly against the dollar on the money market on Friday in the process of trading, dealers said. The rupee shed two paisas in relation to the dollar for buying and selling at Rs 104.78 and Rs 104.80 respectively, they said.
Published 10 Dec, 2016 12:00am
Rs 3.159 billion duty collected from HSD in first quarter

Rs 3.159 billion duty collected from HSD in first quarter

The government collected custom duty of Rs 3.159 billion from high speed diesel (HSD) during the first quarter (July-September) of the current fiscal year, showing highest collection of import duty from the POL product during this period, official documen
Published 10 Dec, 2016 12:00am
Rs 3.159 billion duty collected from HSD in first quarter

Rs 3.159 billion duty collected from HSD in first quarter

The government collected custom duty of Rs 3.159 billion from high speed diesel (HSD) during the first quarter (July-September) of the current fiscal year, showing highest collection of import duty from the POL product during this period, official documen
Published 10 Dec, 2016 12:00am
Rs 3.159 billion duty collected from HSD in first quarter

Rs 3.159 billion duty collected from HSD in first quarter

The government collected custom duty of Rs 3.159 billion from high speed diesel (HSD) during the first quarter (July-September) of the current fiscal year, showing highest collection of import duty from the POL product during this period, official documen
Published 10 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 09, 2016).

Published 10 Dec, 2016 12:00am
Rs 3.159 billion duty collected from HSD in first quarter

Rs 3.159 billion duty collected from HSD in first quarter

The government collected custom duty of Rs 3.159 billion from high speed diesel (HSD) during the first quarter (July-September) of the current fiscal year, showing highest collection of import duty from the POL product during this period, official documen
Published 10 Dec, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 09, 2016).

Published 10 Dec, 2016 12:00am
Turkey court drops case against Israelis

Turkey court drops case against Israelis

An Istanbul court on Friday dropped a case against four top former Israeli commanders who were being tried in absentia over the 2010 deadly storming of a Turkish ship bound for Gaza, a lawyer said. An arrest warrant for the four was also withdrawn, Gulden
Published 10 Dec, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (December 09, 2016).

Published 10 Dec, 2016 12:00am
Turkey court drops case against Israelis

Turkey court drops case against Israelis

An Istanbul court on Friday dropped a case against four top former Israeli commanders who were being tried in absentia over the 2010 deadly storming of a Turkish ship bound for Gaza, a lawyer said. An arrest warrant for the four was also withdrawn, Gulden
Published 10 Dec, 2016 12:00am
Trade in services: absence of CSF inflows

Trade in services: absence of CSF inflows

Over the past 20 years, it is argued, that trade in services has become the most dynamic segment of global trade, growing more quickly than trade in goods. It is also plausibly argued that services are increasingly becoming "tradable" thanks to advancemen
Published 10 Dec, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 09, 2016)

Published 10 Dec, 2016 12:00am
Political uncertainty drags on

Political uncertainty drags on

As the PTI was preparing for its November 2 lockdown of Islamabad to force Prime Minister Nawaz Sharif and his family to present themselves for accountability in the Panama Papers case the Supreme Court had saved the situation from getting out of control
Published 10 Dec, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 09, 2016).

Published 10 Dec, 2016 12:00am
Merit must prevail

Merit must prevail

The chairman of the Securities and Exchange Commission of Pakistan (SECP) last week announced the Companies Ordinance, 2016, which categorically gives power to the federal government to appoint and remove the chief executives of public-sector companies. H
Published 10 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Dec, 2016 12:00am
Clean drinking water top priority

Clean drinking water top priority

Access to safe drinking water is not only a basic need and precondition for a healthy life but it is also a basic human right. At the same time, water is a scarce resource and its shortage usually results in economic and health crises. This can be assesse
Published 10 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Dec, 2016 12:00am
Risking Beijing's ire, Vietnam begins dredging on South China Sea reef

Risking Beijing's ire, Vietnam begins dredging on South China Sea reef

Vietnam has begun dredging work on a disputed reef in the South China Sea, satellite imagery shows, the latest move by the Communist state to bolster its claims in the strategic waterway. Activity visible on Ladd Reef in the Spratly Islands could anger Ha
Published 10 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 09, 2016).

Published 10 Dec, 2016 12:00am
Manufacturing of Kia vehicles in Pakistan

Manufacturing of Kia vehicles in Pakistan

This is apropos a Business Recorder news item "Lucky Cement plans to start new company to manufacture, assemble Kia vehicles" carried by the newspaper yesterday. According to it, after successfully venturing into chemicals and power sectors and wit
Published 10 Dec, 2016 12:00am
The Weather

The Weather

The weather report on Friday (December 09, 2016) and the forecast for Saturday (December 10, 2016).

Published 10 Dec, 2016 12:00am
Oil edges up about one percent on optimism over non-OPEC output cuts

Oil edges up about one percent on optimism over non-OPEC output cuts

Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions to go along with the limits OPEC announced last week to curb a glut of oil. Both Brent and U.S crude futures,
Published 10 Dec, 2016 12:00am
Cotton falls one percent after WASDE report
Cotton

Cotton falls one percent after WASDE report

ICE cotton futures settled down nearly 1 percent on Friday, marking a one-week low, after the US Department of Agriculture raised its projections for production and inventories by the end of the 2016/17 crop year, amid a stronger dollar.
Published 10 Dec, 2016 12:00am
Sindh government releases Rs 25 million annual grant for KPC

Sindh government releases Rs 25 million annual grant for KPC

Government of Sindh on Friday released Rs 25 million as grant to the Karachi Press Club. The grant was allocated in the provincial budget for the year 2016-17 (FY17). Sindh chief minister Syed Murad Ali Shah handed over the cheque of Rs 25 million to the
Published 10 Dec, 2016 12:00am
Customs values of bleached, unbleached kraft liner board, paper revised

Customs values of bleached, unbleached kraft liner board, paper revised

Directorate General of Customs Valuation (DGCV) has revised the customs values of bleached/unbleached Kraft liner board and paper. According to the valuation ruling 989/2016, the customs values of bleached/unbleached Kraft liner board and paper were deter
Published 10 Dec, 2016 12:00am
KP, UNHCR sign MoU to strengthen immunisation programme

KP, UNHCR sign MoU to strengthen immunisation programme

A Memorandum of Understanding (MoU) was signed between Health Department of Khyber Pakhtunkhwa and United Nations High Commission for Refugees (UNHCR) to strengthen and improve immunisation services in the province with special focus on Afghan refugee vil
Published 10 Dec, 2016 12:00am
Increase in salaries of Secretariat employees demanded

Increase in salaries of Secretariat employees demanded

All Pakistan Secretariat Employees Co-ordination Council (APSECC) demanded the government of 100 percent increase in salaries of Secretariat employees. The APSECC also demanded the government to pay one month salary to Christian employees as bonus in view
Published 10 Dec, 2016 12:00am
Businessmen welcome increased demand in private sector credit

Businessmen welcome increased demand in private sector credit

Chairman Businessmen Panel and Pakistan Business Group Alliance of FPCCI Mian Zahid Hussain, Presidential candidate Abdul Rahim Janoo and candidate for SVP Mian Anjum Nisar for FPCCI elections 2017 have welcomed increased demand for private sector credit,
Published 10 Dec, 2016 12:00am
Bilawal supports call for inclusion of KCR in CPEC

Bilawal supports call for inclusion of KCR in CPEC

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari endorsed the demand from Chief Minister Sindh Syed Murad Shah for including Karachi Circular Railway (KCR) project in CPEC as the city was catering to people from all over Pakistan and was under inten
Published 10 Dec, 2016 12:00am
Telecom goods import decreases by 15 percent

Telecom goods import decreases by 15 percent

Pakistan's imports of telecom goods decreased by 15 percent to $381.989 million in July-October 2016, official figures say. Fall in the telecom imports reached $67.029 million in July-October 2-016 from $449.018 million in July-October 2015, Pakistan Bure
Published 10 Dec, 2016 12:00am
PIA clarification

PIA clarification

Reference media reports regarding ATR not being a safe aircraft, Spokesman PIA has clarified that ATR is perfectly safe for flying and is useful and economical on short haul flights in both hot and cold weather conditions. Several of these aircraft are be
Published 10 Dec, 2016 12:00am
UBL Capital Protected Fund-III launched

UBL Capital Protected Fund-III launched

UBL Fund Managers Limited (UBL Funds) announced the launch of UBL Capital Protected Fund-III. This open-end capital protected scheme offers an ideal investment opportunity for those wanting to earn competitive returns on their investments while remaining
Published 10 Dec, 2016 12:00am
UBL Capital Protected Fund-III launched

UBL Capital Protected Fund-III launched

UBL Fund Managers Limited (UBL Funds) announced the launch of UBL Capital Protected Fund-III. This open-end capital protected scheme offers an ideal investment opportunity for those wanting to earn competitive returns on their investments while remaining
Published 10 Dec, 2016 12:00am
Mustafa Kamal to make 'historic announcement' on December 23

Mustafa Kamal to make 'historic announcement' on December 23

The Chairman Pak Sarzameen Party Mustafa Kamal hinted at introducing new trend in Pakistani politics adding that his party would make a historic announcement in the public meeting scheduled to be held on December 23, 2016 at Pacca Qila Ground Hyderabad. M
Published 10 Dec, 2016 12:00am
PIA CEO visits residences of deceased officials

PIA CEO visits residences of deceased officials

CEO PIA Bernd Hildenbrand visited the residences of PIA officials who lost their lives in the tragic crash of PK-661 and offered heartfelt condolences. The residences included Airhostess Asma Adil, Captain Saleh Yar Janjua, First Officer Aaly Akram, Aircr
Published 10 Dec, 2016 12:00am
NBP distributes prizes to customers for remittance services

NBP distributes prizes to customers for remittance services

National Bank of Pakistan (NBP) distributed prizes to its remittance customers who used NBP services to receive their remittance payments. The Prize Distribution Ceremony was held in a five-star hotel in Rawalpindi where LCD TVs, gold bars, laptop compute
Published 10 Dec, 2016 12:00am
Karachi Corps Commander meets Governor

Karachi Corps Commander meets Governor

The Corps commander Karachi Lieutenant General Naveed Mukhtar called on Governor Sindh, former Justice Saeed-uz-Zaman Siddiqui, in a Karachi hospital on Friday. They discussed Karachi operation and over all law & order situation in the province. Governor
Published 10 Dec, 2016 12:00am
'Car manufacturers should put more investments'

'Car manufacturers should put more investments'

Presidential candidate of FPCCI Zubair Tufail has emphasised the need that car manufacturers should put more investments to develop their production facilities and avoid long periods of waiting of the costumers. Visiting two largest car manufacturing comp
Published 10 Dec, 2016 12:00am
Conference on CPEC, regional integration from December 13

Conference on CPEC, regional integration from December 13

The Ministry for Planning, Development and Reforms is going to organise a conference of the Pakistan Society of Development Economists (PSDE) on China-Pakistan Economic Corridor (CPEC) and regional integration from December 13-15, 2016. The theme of the c
Published 10 Dec, 2016 12:00am
KCCI president promised to help resolve PCDMA problems

KCCI president promised to help resolve PCDMA problems

President of Karachi Chamber of Commerce and Industry (KCCI) Shamim Ahmed Firpo has assured the members of Pakistan Chemicals and Dyes Merchant Association (PCDMA) that KCCI would extend all possible assistance for the settlement of their problems. He gav
Published 10 Dec, 2016 12:00am
Assassins of Kismat Baig arrested: CCPO Lahore

Assassins of Kismat Baig arrested: CCPO Lahore

Capital City Police Officer (CCPO) Lahore Captain(r) Muhammad Ameen Wains said that all the criminals involved in assassination of Kismat Baig had been arrested by the police. While addressing a press conference at Police Lines on Friday he said police al
Published 10 Dec, 2016 12:00am
Sartaj leaves for Bahrain to attend 'Manama Dialogue'

Sartaj leaves for Bahrain to attend 'Manama Dialogue'

Adviser to Prime Minister on Foreign Affair Sartaj Aziz will leave for Bahrain today on a two-day official visit to attend 'The Manama Dialogue', in which more than 20 counties are participating. According to Foreign Office spokesperson, Nafees Zakaria, t
Published 10 Dec, 2016 12:00am
USAID's PPII makes first investment

USAID's PPII makes first investment

The Baltoro Growth Fund, one of three funds created under the United States Agency for International Development's Pakistan Private Investment Initiative (PPII), announced an investment in AGP Limited, a Pakistani pharmaceutical manufacturing company. Thi
Published 10 Dec, 2016 12:00am
Two hurt in Tandojam blast

Two hurt in Tandojam blast

An improvised explosive device planted in a bicycle went off near Sindh Agriculture University (SAU) in Tandojam here on Friday leaving two persons including a ranger personnel injured. According to Hyderabad SSP Irfan Baloch, the IED was planted in a bic
Published 10 Dec, 2016 12:00am
Man found alive two weeks after chopper crash in Indonesia

Man found alive two weeks after chopper crash in Indonesia

A soldier aboard a military helicopter that crashed in remote Indonesian jungle more than two weeks ago has miraculously been found alive, an army spokesman said Friday. Yohanes Syahputra was found late Thursday by villagers on Borneo island in an exhaust
Published 10 Dec, 2016 12:00am
Algeria deports hundreds of West African migrants to Niger

Algeria deports hundreds of West African migrants to Niger

Algerian authorities have deported hundreds of West African migrants to Niger this week, trucking them thousands of miles across the desert in one of the biggest roundups seen this year, according to officials and human rights groups. Algeria has often se
Published 10 Dec, 2016 12:00am
Duterte starts moves to amend the constitution

Duterte starts moves to amend the constitution

Philippine President Rodrigo Duterte has set into motion a proposal to amend the 1987 constitution to set up a federal system of government to end conflict and give a further boost to the economy. Duterte has signed an executive order creating a 25-member
Published 10 Dec, 2016 12:00am
Japan switches on nuclear reactor after safety shutdown

Japan switches on nuclear reactor after safety shutdown

Japan has restarted one of its few operating nuclear reactors after a two-month safety check-up, despite still-heated debate over atomic power following the Fukushima disaster. The unit was shut down in October for inspections and maintenance under strict
Published 10 Dec, 2016 12:00am
Buzz Aldrin discharged from New Zealand hospital

Buzz Aldrin discharged from New Zealand hospital

US moonwalker Buzz Aldrin was discharged from a New Zealand hospital Friday, a week after he was evacuated from the South Pole after a health scare. "Bye bye New Zealand! Hope to see you again," his manager Christina Korp tweeted with a photo of a relaxed
Published 10 Dec, 2016 12:00am
Czech lawmakers ban smoking in restaurants

Czech lawmakers ban smoking in restaurants

Czech lawmakers voted Friday to ban smoking in cafes and restaurants starting next May, following in the footsteps of much of Europe, but the chain-smoking president still needs to sign off the decree. "I hope we side with the civilised countries," Prime
Published 10 Dec, 2016 12:00am
Biden to shore up Canada ties before Trump inauguration

Biden to shore up Canada ties before Trump inauguration

US Vice President Joe Biden brought reassurances to Canada on Friday that its historically close relationship with America will not suffer under Donald Trump's administration. The two-day visit to Ottawa, which started with a dinner hosted by Prime Minist
Published 10 Dec, 2016 12:00am
Sustainable development moot rules out war as an option for South Asia

Sustainable development moot rules out war as an option for South Asia

The Speakers said that war is not any option between the two nuclear neighbours and future of South Asian region is linked with peace, co-operation and sustainability. The Speaker expressed these views while addressing the closing plenary of 19th Sustaina
Published 10 Dec, 2016 12:00am
Fatemi discusses Indian violations with Senator John McCain

Fatemi discusses Indian violations with Senator John McCain

Special Assistant to Prime Minister on Foreign Affairs Tariq Fatemi has said that Pakistan gives great importance to its ties with the United States. Talking to a gathering of foreign policy experts and US government representatives in Washington, Tariq F
Published 10 Dec, 2016 12:00am
Prayers in Colombo for PIA crash victims

Prayers in Colombo for PIA crash victims

To express deep grief and sorrow over the unfortunate plane crash in Pakistan, the Muslim community in Sri Lanka arranged a "Funeral Prayer in Absentia" for the victims of the incident, after Jummah Prayer at Dewatgha Mosque, Colombo. Pakistan Internation
Published 10 Dec, 2016 12:00am
PPP submits adjournment motion about PIA crash

PPP submits adjournment motion about PIA crash

The Pakistan People's Party (PPP) Friday submitted an adjournment motion in the National Assembly Secretariat regarding crash of Pakistan International Airlines (PIA) aircraft ATR-42 near Havelian, in which 48 people lost their lives. The adjournment moti
Published 10 Dec, 2016 12:00am
Irrigation canals inaugurated in Gomal Zam Dam command areas

Irrigation canals inaugurated in Gomal Zam Dam command areas

The recently-constructed irrigation canals of the US-funded Gomal Zam Dam Command Area Development Project were inaugurated in Dera Ismal Khan District of Khyber Pakhtunkhwa province. The United States Agency for International Development (USAID) signed a
Published 10 Dec, 2016 12:00am
PPP body's meeting on December 13

PPP body's meeting on December 13

The Pakistan People's Party will hold a meeting of implementation committee formed by PPP Chairman Bilawal Bhutto Zardari on four demands. This meeting will take place at PPP media office, Islamabad on Tuesday, December 13, 2016, presided over by former p
Published 10 Dec, 2016 12:00am
President for clearing government departments from corrupt elements

President for clearing government departments from corrupt elements

President Mamnoon Hussain on Friday stressed the need to get rid of corrupt elements, recruited by previous regimes, to improve the performance of government departments. Addressing a seminar to mark the International Anti-Corruption Day at the Aiwan-e-Sa
Published 10 Dec, 2016 12:00am
CM Khattak says he will go to any extent in PK against corruption

CM Khattak says he will go to any extent in PK against corruption

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has vowed to go to any extent against corruption to weed out the evil from the province as there was no room for tolerating people involved in corruption in the manifesto of PTI. This he said while addressi
Published 10 Dec, 2016 12:00am
Parliamentary panel says it will welcome inputs from various sources

Parliamentary panel says it will welcome inputs from various sources

A parliamentary panel on Friday decided to take input from concerned government departments and leaders of transgender organisations for an effective legislation to ensure protection of transgender community's rights in the country and address the problem
Published 10 Dec, 2016 12:00am
KMU approves various academic programmes

KMU approves various academic programmes

The Syndicate of Khyber Medical University (KMU), Peshawar has approved the affiliation of various academic programmes of different health institutions of the province. The 23rd Syndicate meeting of KMU Peshawar was held under the chairmanship of VC Profe
Published 10 Dec, 2016 12:00am