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Print - 2016-12-15
PSMA seeks permission to export sugar

PSMA seeks permission to export sugar

Pakistan Sugar Mills Association (PSMA) has sought permission to export 0.5 million tons of sugar by March 31, 2017, with a slight hope of subsidy due to a declining trend in prices of sugar in international market, well-informed sources in Ministry of In
Published 15 Dec, 2016 12:00am
PSMA seeks permission to export sugar

PSMA seeks permission to export sugar

Pakistan Sugar Mills Association (PSMA) has sought permission to export 0.5 million tons of sugar by March 31, 2017, with a slight hope of subsidy due to a declining trend in prices of sugar in international market, well-informed sources in Ministry of In
Published 15 Dec, 2016 12:00am
PSMA seeks permission to export sugar

PSMA seeks permission to export sugar

Pakistan Sugar Mills Association (PSMA) has sought permission to export 0.5 million tons of sugar by March 31, 2017, with a slight hope of subsidy due to a declining trend in prices of sugar in international market, well-informed sources in Ministry of In
Published 15 Dec, 2016 12:00am
Balochistan uplift means ''New Pakistan in making'': Prime Minister

Balochistan uplift means ''New Pakistan in making'': Prime Minister

Prime Minister Nawaz Sharif on Wednesday said the dream of Balochistan''s prosperity was being realised with completion of several development projects, ensuring "a New Pakistan in the making". "A new and developed Balochistan means a new Pakistan, with a
Published 15 Dec, 2016 12:00am
Balochistan uplift means 'New Pakistan in making': Prime Minister

Balochistan uplift means 'New Pakistan in making': Prime Minister

Prime Minister Nawaz Sharif on Wednesday said the dream of Balochistan's prosperity was being realised with completion of several development projects, ensuring "a New Pakistan in the making". "A new and developed Balochistan means a new Pakistan, with an
Published 15 Dec, 2016 12:00am
Balochistan uplift means 'New Pakistan in making': Prime Minister

Balochistan uplift means 'New Pakistan in making': Prime Minister

Prime Minister Nawaz Sharif on Wednesday said the dream of Balochistan's prosperity was being realised with completion of several development projects, ensuring "a New Pakistan in the making". "A new and developed Balochistan means a new Pakistan, with an
Published 15 Dec, 2016 12:00am
Pakistan, India will consider new talks on water dispute

Pakistan, India will consider new talks on water dispute

Pakistani and Indian officials said Wednesday they would consider resuming direct talks over water sharing after the World Bank halted a process to arbitrate a long-standing dispute over two Indian hydroelectric projects. Pakistan, a country of 180 millio
Published 15 Dec, 2016 12:00am
Pakistan, India will consider new talks on water dispute

Pakistan, India will consider new talks on water dispute

Pakistani and Indian officials said Wednesday they would consider resuming direct talks over water sharing after the World Bank halted a process to arbitrate a long-standing dispute over two Indian hydroelectric projects. Pakistan, a country of 180 millio
Published 15 Dec, 2016 12:00am
Pakistan, India will consider new talks on water dispute

Pakistan, India will consider new talks on water dispute

Pakistani and Indian officials said Wednesday they would consider resuming direct talks over water sharing after the World Bank halted a process to arbitrate a long-standing dispute over two Indian hydroelectric projects. Pakistan, a country of 180 millio
Published 15 Dec, 2016 12:00am
Meeting to be held tomorrow

Meeting to be held tomorrow

Prime Minister Nawaz Sharif has delayed much overdue meeting of the Council of Common Interests (CCI) by one day and rescheduled it for tomorrow (Friday) instead of today (Thursday). Sources said earlier the 30th meeting of the CCI was scheduled to be hel
Published 15 Dec, 2016 12:00am
Meeting to be held tomorrow

Meeting to be held tomorrow

Prime Minister Nawaz Sharif has delayed much overdue meeting of the Council of Common Interests (CCI) by one day and rescheduled it for tomorrow (Friday) instead of today (Thursday). Sources said earlier the 30th meeting of the CCI was scheduled to be hel
Published 15 Dec, 2016 12:00am
Meeting to be held tomorrow

Meeting to be held tomorrow

Prime Minister Nawaz Sharif has delayed much overdue meeting of the Council of Common Interests (CCI) by one day and rescheduled it for tomorrow (Friday) instead of today (Thursday). Sources said earlier the 30th meeting of the CCI was scheduled to be hel
Published 15 Dec, 2016 12:00am
CCI all set to approve amendments in Nepra law

CCI all set to approve amendments in Nepra law

The Council of Common Interests (CCI) is all set to approve amendments in the ''Nepra Act 1997'' aimed at establishing electricity market trading, de-licensing power generation, removing provincial quota restrictions on appointment of members, and authori
Published 15 Dec, 2016 12:00am
CCI all set to approve amendments in Nepra law

CCI all set to approve amendments in Nepra law

The Council of Common Interests (CCI) is all set to approve amendments in the 'Nepra Act 1997' aimed at establishing electricity market trading, de-licensing power generation, removing provincial quota restrictions on appointment of members, and authority
Published 15 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
CCI all set to approve amendments in Nepra law

CCI all set to approve amendments in Nepra law

The Council of Common Interests (CCI) is all set to approve amendments in the 'Nepra Act 1997' aimed at establishing electricity market trading, de-licensing power generation, removing provincial quota restrictions on appointment of members, and authority
Published 15 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
PTI protests against Speaker's ruling

PTI protests against Speaker's ruling

The Speaker National Assembly should not have blocked adjournment and privilege motions of Pakistan Tehreek-e-Insaf (PTI) by giving a ruling on them while sitting in his chamber. Speaking to media persons outside the Parliament House, PTI leader Shah Mahm
Published 15 Dec, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
PTI protests against Speaker's ruling

PTI protests against Speaker's ruling

The Speaker National Assembly should not have blocked adjournment and privilege motions of Pakistan Tehreek-e-Insaf (PTI) by giving a ruling on them while sitting in his chamber. Speaking to media persons outside the Parliament House, PTI leader Shah Mahm
Published 15 Dec, 2016 12:00am
CoAS for eliminating sleeper cells of terrorists

CoAS for eliminating sleeper cells of terrorists

Chief of Army Staff (CoAS) General Qamar Javed Bajwa was briefed on the ongoing Karachi operation and security situation of the province during his visit to Corps and Rangers headquarters in Karachi on Wednesday. Army chief was given detailed briefing abo
Published 15 Dec, 2016 12:00am
CoAS for eliminating sleeper cells of terrorists

CoAS for eliminating sleeper cells of terrorists

Chief of Army Staff (CoAS) General Qamar Javed Bajwa was briefed on the ongoing Karachi operation and security situation of the province during his visit to Corps and Rangers headquarters in Karachi on Wednesday. Army chief was given detailed briefing abo
Published 15 Dec, 2016 12:00am
Fed raises rates, sees faster pace of increases in 2017

Fed raises rates, sees faster pace of increases in 2017

The US Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increa
Published 15 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Fed raises rates, sees faster pace of increases in 2017

Fed raises rates, sees faster pace of increases in 2017

The US Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increa
Published 15 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Fed raises rates, sees faster pace of increases in 2017

Fed raises rates, sees faster pace of increases in 2017

The US Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increa
Published 15 Dec, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (December 14, 2016).
Published 15 Dec, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 14, 2016).

Published 15 Dec, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 15 Dec, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 15 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 Dec, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 Dec, 2016 12:00am
Hemani International (Pvt) Limited

Hemani International (Pvt) Limited

Established since 1949, Hemani has a vast experience in the field of herbal trade. This has been transferred in the production of herbal products to benefit the consumers in the most natural way. The production takes place under strong quality control as
Published 15 Dec, 2016 12:00am
Global implications of economic corridors in China and ECO countries

Global implications of economic corridors in China and ECO countries

Economic history of Central and South Asia is largely associated with the connectivity of trade and natural and human resources among the peoples of Central and South Asian countries. The silk rout and the Grand Trunk road (famously known as 'GT Road' in
Published 15 Dec, 2016 12:00am
Generalised scheme of preferences plus

Generalised scheme of preferences plus

Diplomatic relations between Pakistan and the European Union was established in 1962. The first co-operation was initiated in 1976, followed by a formal Commercial Co-operation Agreement in 1986 and Co-operation Agreement, 2004 which plays a crucial role
Published 15 Dec, 2016 12:00am
Getz Pharma providing quality care

Getz Pharma providing quality care

Because disease knows no boundaries our commitment is world-wide TM. This is the foundation ofGetz Pharma's commitment, reflecting in its mission, to develop, produce and market safe, effective and quality medicines and health care products that will impr
Published 15 Dec, 2016 12:00am
Economic relations between Pakistan and China
Cotton

Economic relations between Pakistan and China

Since the establishment of diplomatic ties between the two countries in 1951, Pakistan and China have immense reservoir of goodwill and soft power. Usually Pakistani and Chinese leaders and people use six expressions to describe this unique relationship:
Published 15 Dec, 2016 12:00am
Why 'Eco' is important for the economy of Kashmir

Why 'Eco' is important for the economy of Kashmir

The economic policies have been considered as subordinated branch of political strategies in cold war regime. However, in the present regime of globalisation economic policies have dominated the geostrategic and political issues. The free trade under WTO
Published 15 Dec, 2016 12:00am
GI: Significance, Protection

GI: Significance, Protection

Geographical Indication signals a link not only between a product and its speci?c place of origin but also with its unique production methods and distinguishing qualities. It has assumed greater importance with their inclusion in the Agreement on Trade Re
Published 15 Dec, 2016 12:00am
Message from President, FPCCI

Message from President, FPCCI

I feel great pleasure in writing this foreword for the Souvenir prepared on the occasion of the 40th Export Awards ceremony for 2015-16 being organised by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). These Awards are a prestigious
Published 15 Dec, 2016 12:00am
Message from Chairman, Securities & Exchange Commission of Pakistan

Message from Chairman, Securities & Exchange Commission of Pakistan

I am pleased to know that following its past tradition, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is organizing the 40th "Expert Trophy Awards" 2016 to confer awards to the leading exporters of Pakistan in recognition of their e
Published 15 Dec, 2016 12:00am
Message from Chief Executive Trade and Development Authority of Pakistan

Message from Chief Executive Trade and Development Authority of Pakistan

I am delighted that the Federation of Pakistan Chambers of Commerce and Industry is organizing its 40th Exports Awards ceremony in recognition of the services of Pakistani exporters, and, as usual, is bringing out an Export Trophy Souvenir on the occasion
Published 15 Dec, 2016 12:00am
Message from Prime Minister Islamic Republic of Pakistan

Message from Prime Minister Islamic Republic of Pakistan

I am pleased to know that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in line with its past traditions, is organising the 40th "Export Trophy Awards" 2016 ceremony for conferring awards to the leading exporters of Pakistan in rec
Published 15 Dec, 2016 12:00am
Message from President Islamic Republic of Pakistan

Message from President Islamic Republic of Pakistan

I am glad to learn that in line with its tradition the Federation of Pakistan Chambers of Commerce & Industry FPPCI is holding the 40th edition of Annual Export Trophy Awards to honour the outstanding performance of exporters during 2015-16. I am pleased
Published 15 Dec, 2016 12:00am
European wheat rises in wake of US markets

European wheat rises in wake of US markets

European wheat edged higher on Tuesday, supported by a rise on US markets where wheat futures were on track for their fourth straight day of gains as traders continued to cover short positions ahead of the year's end. March milling wheat on Paris-based Eu
Published 15 Dec, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.97 billion and number of lots traded was 9,631. PMEX Commodity Index closed at 3,062. Major business was contributed by currencies through COTS amounting to PKR 1.01 billion followe
Published 15 Dec, 2016 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures eased on Tuesday, pressured by weakness in Chicago soyaoil and strength in the Canadian dollar. The Canadian dollar strengthened for the fifth straight day against its US counterpart on Tuesday, posting a near eight-week high d
Published 15 Dec, 2016 12:00am
US FOB Gulf corn, soya offers firm

US FOB Gulf corn, soya offers firm

Export premiums for corn and soyabeans shipped from the US Gulf Coast were firm on Tuesday as higher CIF barge basis values raised costs for exporters, traders said. Frigid weather in the US Midwest supported CIF basis values as exporters worried that the
Published 15 Dec, 2016 12:00am
Palm oil eases on European vegoils market

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market was offered mostly easier on Tuesday on the back of weakness in rival soyaoil and because of lower Malaysian palm oil exports in the first 10 days of December. Palm oil was mostly offered between $2.50 and $1
Published 15 Dec, 2016 12:00am
Rain to lift Ivory Coast's cocoa crop

Rain to lift Ivory Coast's cocoa crop

Rain in most of Ivory Coast's main cocoa growing regions last week should boost next year's crop, although hot, dry conditions in some areas ahead of the potentially damaging Harmattan seasonal wind have worried some farmers. The world's top cocoa produce
Published 15 Dec, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 151,176 tonnes of cargo comprising 124,480 tonnes of import cargo and 26,696 tonnes of export cargo including NA loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 124
Published 15 Dec, 2016 12:00am
Ginners keen to raise asking prices on cotton market
Cotton

Ginners keen to raise asking prices on cotton market

Slow trading activity was witnessed on the cotton market on Wednesday as the ginners started raising asking prices, dealers said. The official spot rate was unchanged at Rs 6250, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, they said t
Published 15 Dec, 2016 12:00am
CBOT wheat futures rise

CBOT wheat futures rise

US wheat futures rose for the fourth day in a row on Tuesday as investors continued to unwind short positions ahead of the year's end, traders said. Chicago Board of Trade March soft red winter wheat futures, the most actively traded contract, traded in n
Published 15 Dec, 2016 12:00am
Australia cuts beef export forecast

Australia cuts beef export forecast

Australia on Tuesday trimmed its forecast for beef exports during the 2016/17 season by more than 3 percent as farmers rebuild herds after the strongest El Nino in nearly 20 years. Shipments from Australia, the world's No 4 exporter, during 2016/17 is for
Published 15 Dec, 2016 12:00am
Shanghai copper down

Shanghai copper down

Shanghai Futures Exchange copper cut early losses to finish down by 1 percent, at 46,490 yuan ($6,735) a tonne on Wednesday. Shanghai aluminium was down 2.4 percent. Investors were waiting to see whether the Fed will signal any acceleration in the pace of
Published 15 Dec, 2016 12:00am