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Print - 2017-05-06
Workshop on textile development concludes

Workshop on textile development concludes

Department of Management Science, National Textile University, Faisalabad organised one-day workshop on "How to Develop the Textile Sector of Pakistan - Challenges & Opportunities" in collaboration with Faisalabad Chamber of Commerce and Industry at NTU,
Published 06 May, 2017 12:00am
OPPO launches new selfie Expert F3

OPPO launches new selfie Expert F3

OPPO launched Selfie Expert F3 camera phone here on Thursday. Priced at Rs 34,899 for the mid-range market, first sale of the newly launched set will begin from May 13 nationwide and those who pre-order from 5th May till 12th May 2017 can enter the lucky
Published 06 May, 2017 12:00am
'Process of receiving job applications completed'

'Process of receiving job applications completed'

Provincial Minister for Excise and Taxation and Narcotics Control Mukesh Kumar Chawla on Friday said that the process of receiving job applications is completed. "A committee has been formed to scrutinize documents so that the eligible candidates may be c
Published 06 May, 2017 12:00am
Minister launches curriculum for Accelerated Learning Programme

Minister launches curriculum for Accelerated Learning Programme

Minister of State for Federal Education and Professional Training, Engr Baligh ur Rehman formally launched the curriculum for Accelerated Learning Programme (ALP) during a ceremony held at a local hotel. The curriculum has been developed by Ministry of Fe
Published 06 May, 2017 12:00am
REAP to explore emerging international markets

REAP to explore emerging international markets

In a highly competitive international market, rice exporters are now focusing on untapped regions for the exports. As a step forward, Rice Exporters Association of Pakistan (REAP) has appointed Eventage Pakistan as there strategic partner for internationa
Published 06 May, 2017 12:00am
WWF, Khushhali Bank launch tree plantation drive

WWF, Khushhali Bank launch tree plantation drive

The World Wide Fund for Nature, Pakistan and Khushhali Microfinance Bank launched a tree plantation drive, as part of WWF-Pakistan's Tree-A-Thon activity, to ensure the green cover of Islamabad and its adjoining areas. Both WWF-Pakistan and Khushhali Micr
Published 06 May, 2017 12:00am
PMEX launches new website
Exchange

PMEX launches new website

PMEX unveiled its newly-redesigned website which boasts user-friendly experience for current and future market participants and business partners. The new website combines elements of highly-intuitive interface such as contemporary visual appeal, easy nav
Published 06 May, 2017 12:00am
Commitment made for sustained economic growth of ASEAN

Commitment made for sustained economic growth of ASEAN

Finance Ministers and Governors have confirmed their commitment to further strengthen economic and financial cooperation in order to secure the sustained economic growth of ASEAN and Japan during the next 50 years as well. At a meeting held for the first
Published 06 May, 2017 12:00am
PIA likely to suspend Karachi-Mumbai flights

PIA likely to suspend Karachi-Mumbai flights

Pakistan International Airlines (PIA) is 'likely' to suspend flight operations on the Karachi-Mumbai route, airline sources said. PIA Spokesperson Daniyal Gillani told a private TV channel that PIA is considering suspending flight operations along the Kar
Published 06 May, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 05, 2017).

Published 06 May, 2017 12:00am
Turkey fires 100 more judges, prosecutors in anti-Gulen purge

Turkey fires 100 more judges, prosecutors in anti-Gulen purge

Turkey's judicial authorities on Friday announced the sacking of over 100 more judges and prosecutors deemed to be followers of the alleged mastermind of the July 15 failed coup, in a purge that shows no sign of letting up. The Supreme Board of Judges and
Published 06 May, 2017 12:00am
Turkey fires 100 more judges, prosecutors in anti-Gulen purge

Turkey fires 100 more judges, prosecutors in anti-Gulen purge

Turkey's judicial authorities on Friday announced the sacking of over 100 more judges and prosecutors deemed to be followers of the alleged mastermind of the July 15 failed coup, in a purge that shows no sign of letting up. The Supreme Board of Judges and
Published 06 May, 2017 12:00am
Protest lodged with Afghan government
Exchange

Protest lodged with Afghan government

Pakistan on Thursday lodged a strong protest with the Afghan government over the unprovoked firing by the Afghan forces at Chaman area and demanded an action against those involved in the violation that resulted in killing of nine civilians and injuries t
Published 06 May, 2017 12:00am
Protest lodged with Afghan government
Exchange

Protest lodged with Afghan government

Pakistan on Thursday lodged a strong protest with the Afghan government over the unprovoked firing by the Afghan forces at Chaman area and demanded an action against those involved in the violation that resulted in killing of nine civilians and injuries t
Published 06 May, 2017 12:00am
Provisional figures: July-April collection stands at Rs 2.52 trillion

Provisional figures: July-April collection stands at Rs 2.52 trillion

The Federal Board of Revenue (FBR) has provisionally collected Rs 2,518.6 billion during July-April (2016-17) against Rs 2,346 billion in the corresponding period of last fiscal year (2015-16), reflecting an increase of Rs 172.6 billion. Sources told B
Published 06 May, 2017 12:00am
Provisional figures: July-April collection stands at Rs 2.52 trillion

Provisional figures: July-April collection stands at Rs 2.52 trillion

The Federal Board of Revenue (FBR) has provisionally collected Rs 2,518.6 billion during July-April (2016-17) against Rs 2,346 billion in the corresponding period of last fiscal year (2015-16), reflecting an increase of Rs 172.6 billion. Sources told B
Published 06 May, 2017 12:00am
Provisional figures: July-April collection stands at Rs 2.52 trillion

Provisional figures: July-April collection stands at Rs 2.52 trillion

The Federal Board of Revenue (FBR) has provisionally collected Rs 2,518.6 billion during July-April (2016-17) against Rs 2,346 billion in the corresponding period of last fiscal year (2015-16), reflecting an increase of Rs 172.6 billion. Sources told B
Published 06 May, 2017 12:00am
China enters dog-fight with Boeing, Airbus

China enters dog-fight with Boeing, Airbus

China's home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast skies, the wh
Published 06 May, 2017 12:00am
China enters dog-fight with Boeing, Airbus

China enters dog-fight with Boeing, Airbus

China's home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast skies, the wh
Published 06 May, 2017 12:00am
China enters dog-fight with Boeing, Airbus

China enters dog-fight with Boeing, Airbus

China''s home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast skies, the w
Published 06 May, 2017 12:00am
Bullish trend strengthens
Exchange

Bullish trend strengthens

A bullish trend strengthened on Pakistan Stock Exchange (PSX) Friday. The benchmark KSE-100 index rose by 567.48 points to 49,851.13 points. The index crossed 50,000 crucial level during the trading hours, however it failed to sustain this level due to se
Published 06 May, 2017 12:00am
Bullish trend strengthens
Exchange

Bullish trend strengthens

A bullish trend strengthened on Pakistan Stock Exchange (PSX) Friday. The benchmark KSE-100 index rose by 567.48 points to 49,851.13 points. The index crossed 50,000 crucial level during the trading hours, however it failed to sustain this level due to se
Published 06 May, 2017 12:00am
Bullish trend strengthens
Exchange

Bullish trend strengthens

A bullish trend strengthened on Pakistan Stock Exchange (PSX) Friday. The benchmark KSE-100 index rose by 567.48 points to 49,851.13 points. The index crossed 50,000 crucial level during the trading hours, however it failed to sustain this level due to se
Published 06 May, 2017 12:00am
BRIndex30 up 171.16 points

BRIndex30 up 171.16 points

On Friday, BRIndex30 opened at 27,022.02 points. It touched an intraday high of 27,403.00 points and an intraday low of 27,004.11 points and closed at 27,193.18 points which was 171.16 points or 0.63 percent higher than previous close. Total volume was 17
Published 06 May, 2017 12:00am
BRIndex30 up 171.16 points

BRIndex30 up 171.16 points

On Friday, BRIndex30 opened at 27,022.02 points. It touched an intraday high of 27,403.00 points and an intraday low of 27,004.11 points and closed at 27,193.18 points which was 171.16 points or 0.63 percent higher than previous close. Total volume was 17
Published 06 May, 2017 12:00am
Islamabad accused of accelerating demise of PSM

Islamabad accused of accelerating demise of PSM

The management of Pakistan Steel Mills (PSM) on Friday accused federal government of not extending the required funds due to which the mill could not be revived. These remarks came from acting Chief Finance Officer (CFO), Arif Shaikh, who represented PSM
Published 06 May, 2017 12:00am
Islamabad accused of accelerating demise of PSM

Islamabad accused of accelerating demise of PSM

The management of Pakistan Steel Mills (PSM) on Friday accused federal government of not extending the required funds due to which the mill could not be revived. These remarks came from acting Chief Finance Officer (CFO), Arif Shaikh, who represented PSM
Published 06 May, 2017 12:00am
Islamabad accused of accelerating demise of PSM

Islamabad accused of accelerating demise of PSM

The management of Pakistan Steel Mills (PSM) on Friday accused federal government of not extending the required funds due to which the mill could not be revived. These remarks came from acting Chief Finance Officer (CFO), Arif Shaikh, who represented PSM
Published 06 May, 2017 12:00am
Panamagate case: JIT takes final shape
Exchange

Panamagate case: JIT takes final shape

The Supreme Court on Friday announced a six-member joint investigation team (JIT) to investigate the allegations against the incumbent Prime Minister Mian Nawaz Sharif and his two sons Hussain Nawaz and Hassan Nawaz. Besides, the apex court issued directi
Published 06 May, 2017 12:00am
Panamagate case: JIT takes final shape
Exchange

Panamagate case: JIT takes final shape

The Supreme Court on Friday announced a six-member joint investigation team (JIT) to investigate the allegations against the incumbent Prime Minister Mian Nawaz Sharif and his two sons Hussain Nawaz and Hassan Nawaz. Besides, the apex court issued directi
Published 06 May, 2017 12:00am
Taxation a collusive bargaining game: World Bank

Taxation a collusive bargaining game: World Bank

Taxation in Pakistan is a collusive bargaining game between taxpayers and tax officials, according to a recently uploaded World Bank (WB) Policy Research Working Paper, titled, "Who Serves the Poor? Surveying Civil Servants in the Developing World."
Published 06 May, 2017 12:00am
Taxation a collusive bargaining game: World Bank

Taxation a collusive bargaining game: World Bank

Taxation in Pakistan is a collusive bargaining game between taxpayers and tax officials, according to a recently uploaded World Bank (WB) Policy Research Working Paper, titled, "Who Serves the Poor? Surveying Civil Servants in the Developing World."
Published 06 May, 2017 12:00am
Taxation a collusive bargaining game: World Bank

Taxation a collusive bargaining game: World Bank

Taxation in Pakistan is a collusive bargaining game between taxpayers and tax officials, according to a recently uploaded World Bank (WB) Policy Research Working Paper, titled, "Who Serves the Poor? Surveying Civil Servants in the Developing World."
Published 06 May, 2017 12:00am
Taxation a collusive bargaining game: World Bank

Taxation a collusive bargaining game: World Bank

Taxation in Pakistan is a collusive bargaining game between taxpayers and tax officials, according to a recently uploaded World Bank (WB) Policy Research Working Paper, titled, "Who Serves the Poor? Surveying Civil Servants in the Developing World."
Published 06 May, 2017 12:00am
My government 'corruption-free': Prime Minister

My government 'corruption-free': Prime Minister

Prime Minister Nawaz Sharif on Friday said his government was corruption-free and has not been tainted in even a single scandal of financial bungling as transparency in all projects was its hallmark since 2013. He was addressing a gathering here after wit
Published 06 May, 2017 12:00am
My government 'corruption-free': Prime Minister

My government 'corruption-free': Prime Minister

Prime Minister Nawaz Sharif on Friday said his government was corruption-free and has not been tainted in even a single scandal of financial bungling as transparency in all projects was its hallmark since 2013. He was addressing a gathering here after wit
Published 06 May, 2017 12:00am
Army chief visits Hyderabad Garrison

Army chief visits Hyderabad Garrison

Army Chief General Qamar Javed Bajwa visited Hyderabad Garrison on Friday. He was briefed on operational and administrative matters regarding Hyderabad Garrison and Thar. Qamar Javed Bajwa was apprised that Army has distributed almost 4,000 tons of ration
Published 06 May, 2017 12:00am
Army chief visits Hyderabad Garrison

Army chief visits Hyderabad Garrison

Army Chief General Qamar Javed Bajwa visited Hyderabad Garrison on Friday. He was briefed on operational and administrative matters regarding Hyderabad Garrison and Thar. Qamar Javed Bajwa was apprised that Army has distributed almost 4,000 tons of ration
Published 06 May, 2017 12:00am
Prime Minister, CoAS take stock of situation

Prime Minister, CoAS take stock of situation

Prime Minister Nawaz Sharif and Chief of the Army Staff General Qamar Javed Bajwa, took stock of situation at a meeting, on Friday, Aaj News reported. The news channel quoted sources as saying that the Prime Minister and the Army Chief discussed important
Published 06 May, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 05, 2017).

Published 06 May, 2017 12:00am
Back to Musharraf's electricity tricks?

Back to Musharraf's electricity tricks?

The two announcements reported in the media this week show how confused those running our power sector appear to be. The first said the government is considering setting up mobile power plants to compensate for delays in ongoing power projects, thereby pu
Published 06 May, 2017 12:00am
Money laundering and predicate offences

Money laundering and predicate offences

The purpose of a criminal organisation is to generate profits for the group or for one of its members. Money laundering is the processing of these criminal proceeds to disguise their illegal origin. Criminal activities such as arms diversion, smuggling, o
Published 06 May, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 05, 2017).

Published 06 May, 2017 12:00am
Iceland drills 4.7km down into volcano to tap clean energy

Iceland drills 4.7km down into volcano to tap clean energy

It's named after a Nordic god and drills deep into the heart of a volcano: "Thor" is a rig that symbolises Iceland's leading-edge efforts to produce powerful clean energy. If successful, the experimental project could produce up to 10 times more energy th
Published 06 May, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 05, 2017).

Published 06 May, 2017 12:00am
Greater consensus on CPEC

Greater consensus on CPEC

That the provinces and the centre have ended their squabbles over the China Pakistan Economic Corridor route, etc, is a development that will certainly augur well for country's economic prospects. According to a Business Recorder news item yesterda
Published 06 May, 2017 12:00am
Rangers dig out arms, ammunitions in Karachi

Rangers dig out arms, ammunitions in Karachi

Pakistan Rangers (Sindh) on Friday claimed to have recovered heavy cache of arms dumped in a plot in Musharraf Colony. The Rangers accused Muttahida Qaumi Movement London (MQM-L) of having buried the weapons in Musharraf Colony. A spokesman of the Rangers
Published 06 May, 2017 12:00am