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Print - 2017-07-05
Gold inches up in Asia

Gold inches up in Asia

Gold edged up on Tuesday, with investors shying away from riskier assets after North Korea fired a missile that landed in Japanese waters, although the metal stayed near a seven-week low hit the day before. North Korea on Tuesday said it successfully test
Published 05 Jul, 2017 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices rebounded from seven-week lows on Tuesday after North Korea fired a missile into Japanese waters, raising geopolitical tensions and boosting bullion's safe-haven appeal. North Korea said it successfully test-launched an intercontinental ballis
Published 05 Jul, 2017 12:00am
Honduras coffee exports up 51 percent

Honduras coffee exports up 51 percent

Honduran coffee exports jumped 51.2 percent in May compared with the same month last season due to an increase in output, the national coffee institute, or IHCAFE, said on Thursday. Shipments from the largest coffee exporter in Central America totalled 1.
Published 05 Jul, 2017 12:00am
China sugar output up at 9.3 million tonnes

China sugar output up at 9.3 million tonnes

China had produced 9.3 million tonnes of sugar by the end of May, up from 8.7 million tonnes at the same time last year, a government report said. The 8 percent jump in output comes after farmers planted more cane to benefit from higher prices and as favo
Published 05 Jul, 2017 12:00am
US July shale oil output to climb for seventh straight month

US July shale oil output to climb for seventh straight month

US shale oil production is expected to rise for a seventh consecutive month in July, according to a forecast Monday from the US Energy Information Administration, as analysts continue to raise concerns about oversupply given a resilient US shale industry.
Published 05 Jul, 2017 12:00am
SC issues notice to TDAP secretary over restoration

SC issues notice to TDAP secretary over restoration

Supreme Court on Tuesday issued a notice to Secretary Trade Development Authority of Pakistan (TDAP) Abdul Kabir Kazi over his restoration from Federal Service Tribunal in response to Federation's appeal in the matter. The Federation contended that Kazi w
Published 05 Jul, 2017 12:00am
'CPEC projects to cement Pak-China ties'

'CPEC projects to cement Pak-China ties'

Nur Bekri Chairman National Energy Administration (NEA) of China along with a delegation comprising Huang Xuenong, DG Department of Electric Power; Liu Deshun, DG Department of Oil & Gas; Gun Jun, DG Department of International Cooperation; Wu Ruipeng, Di
Published 05 Jul, 2017 12:00am
'CPEC projects to cement Pak-China ties'

'CPEC projects to cement Pak-China ties'

Nur Bekri Chairman National Energy Administration (NEA) of China along with a delegation comprising Huang Xuenong, DG Department of Electric Power; Liu Deshun, DG Department of Oil & Gas; Gun Jun, DG Department of International Cooperation; Wu Ruipeng, Di
Published 05 Jul, 2017 12:00am
Another youth martyred in held Kashmir

Another youth martyred in held Kashmir

Indian troops, in their fresh act of state terrorism, on Tuesday martyred another youth in Pulwama district of the occupied Kashmir bringing the death toll to three since Monday. The troops killed the youth during continued crackdown operation in Bahmnoo
Published 05 Jul, 2017 12:00am
Ambassador designate to Japan meets Dar

Ambassador designate to Japan meets Dar

Ambassador designate of Pakistan to Japan, Dr Asad Majeed Khan, called on Finance Minister, Senator Mohammad Ishaq Dar, at the Ministry of Finance on Tuesday, says a press release.
Published 05 Jul, 2017 12:00am
NA body passes ICT Child Protection Bill

NA body passes ICT Child Protection Bill

The National Assembly Standing Committee on Human Rights on Tuesday passed the much-awaited landmark bills, Islamabad Capital Territory (ICT) Child Protection Bill, 2017 and Juvenile Justice System Bill, 2017, for better care, protection and rehabilitatio
Published 05 Jul, 2017 12:00am
Kot Addu Power Company Limited
Mutual Funds

Kot Addu Power Company Limited

Kot Addu Power Company Limited (PSX: KAPCO) is the country's largest independent power producer, and a significant contributor to the national exchequer. The IPP is involved in the ownership, operation and maintenance of a 1,600 MW nameplate capacity gas,
Published 05 Jul, 2017 12:00am
Kot Addu Power Company Limited
Mutual Funds

Kot Addu Power Company Limited

Kot Addu Power Company Limited (PSX: KAPCO) is the country's largest independent power producer, and a significant contributor to the national exchequer. The IPP is involved in the ownership, operation and maintenance of a 1,600 MW nameplate capacity gas,
Published 05 Jul, 2017 12:00am
Second lunar eclipse of 2017 on August 7

Second lunar eclipse of 2017 on August 7

The second lunar eclipse of 2017 will occur on August 7 and will be partially visible in Pakistan. According to Pakistan Meteorological Department (PMD), the lunar eclipse will begin on the night of August 7. The partial lunar eclipse can be seen in Pakis
Published 05 Jul, 2017 12:00am
PPP Punjab to observe 'black day' today

PPP Punjab to observe 'black day' today

The Pakistan People's Party Punjab will observe black day today against military takeover back in 1977. The provincial party set up will take out processions, hold seminars and conferences to highlight the negative impact of dictatorship in the country. T
Published 05 Jul, 2017 12:00am
First Hajj flight from Faisalabad to leave on July 24

First Hajj flight from Faisalabad to leave on July 24

The first Hajj flight carrying 165 pilgrims would leave from Faisalabad Airport on July 24 and total five thousand pilgrims would proceed to Saudi Arabia through 32 flights from the Haji Camp Faisalabad during the Hajj operation. According to details, the
Published 05 Jul, 2017 12:00am
Sale of urea resumes on government's assurance

Sale of urea resumes on government's assurance

Fertilizer manufacturers have decided to resume sales of urea after the ministry of finance and ministry of food security & research has given assurance to issue subsidy notification within next 10 days.
Published 05 Jul, 2017 12:00am
Maiden technical, vocational varsity to be set up by October

Maiden technical, vocational varsity to be set up by October

A six-member delegation of Tianjin University of Technical Education (TUTE) China visited the Technical Education and Vocational Training Authority (TEVTA) to finalize the establishment of University of Technical and Vocational Education (UTVE) here on Tu
Published 05 Jul, 2017 12:00am
Cheques distributed among Dolly lift affectees

Cheques distributed among Dolly lift affectees

Punjab Chief Minister Shahbaz Sharif on Tuesday presented cheques worth Rs 0.8 million each to heirs of deceased persons and Rs 0.3 million each to the injured as financial aid among Dolly lift accident which occurred in the area of Khyber Pakhtunkhwa. Ta
Published 05 Jul, 2017 12:00am
Furniture exhibition: foreign delegates start arriving

Furniture exhibition: foreign delegates start arriving

The furniture industry delegations from China, Turkey, Taiwan, Thailand and other countries have started arriving here on a week-long visit to participate in the three-day 8th National Interiors Pakistan Exhibition commencing from July 7th in Karachi. The
Published 05 Jul, 2017 12:00am
Dasti gets warm welcome in Muzaffargarh

Dasti gets warm welcome in Muzaffargarh

Awami Raj Party MNA Jamshed Ahmed Dasti on Tuesday got warm welcome on his return to Muzaffargarh, a day after getting bail in provocative speech case. The supporters flocked to the Chenab Bridge, danced and threw flowers as the MNA came out of his vehicl
Published 05 Jul, 2017 12:00am
Farming community urged to equip with modern techniques

Farming community urged to equip with modern techniques

The agriculture is the backbone of our economy which is directly linked to poverty alleviation. Therefore, it is prerequisite to equip the farming community with modern techniques and trends to make the sector profitable and sustainable, said University o
Published 05 Jul, 2017 12:00am
Visually impaired persons SW&BM organises computer training course

Visually impaired persons SW&BM organises computer training course

The Social Welfare & Bait-ul-Maal (SW&BM) Punjab in collaboration with the Medibank Trust, a non-government organization, on Tuesday inaugurated a one-month computer training programme for the visually impaired persons, including women, under the title to
Published 05 Jul, 2017 12:00am
P@SHA releases IT Salary Survey report

P@SHA releases IT Salary Survey report

The Pakistan Software Houses Association for IT and ITES (P@SHA) on Tuesday released its 2017 IT Salary Survey report that provides an analysis of the average salaries, growth, promotions and benefits for the IT & IT Enabled Services sector employees in P
Published 05 Jul, 2017 12:00am
Wagah border Pakistan to hoist world's eighth largest flag

Wagah border Pakistan to hoist world's eighth largest flag

Pakistan is all set to hoist the eighth largest flag of the world at Wagah border, and the preparations are in full swing. As per details, the eight largest flag would be installed in the park adjacent to the border. The Pakistani flag would be 400 feet h
Published 05 Jul, 2017 12:00am
Appointment of new FBR chief hailed

Appointment of new FBR chief hailed

Lahore Chamber of Commerce and Industry (LCCI) on Tuesday congratulated the newly-appointed FBR Chairman Tariq Mahmood Pasha and expressed optimism that he would help resolve economic issues and challenges. LCCI President Abdul Basit, Senior Vice Presiden
Published 05 Jul, 2017 12:00am
Punjab government, Chinese firm to set up coal power plant in RYK

Punjab government, Chinese firm to set up coal power plant in RYK

The Punjab government has decided to set up a 1320MW coal power plant in Rahim Yar Khan. In this regard, the provincial government has inked a memorandum of understanding (MoU) with Chinese Huang Shandong Power General Company which will extend technical
Published 05 Jul, 2017 12:00am
Allan Faqir remembered

Allan Faqir remembered

The sixteenth death anniversary of Sindhi folk singer and recipient of President's Pride of Performance, Allan Fakir was observed on Tuesday. Born in 1932 in Jamshoro district of Sindh, Allan Fakir rose to fame singing Sufi songs comprising verses from Su
Published 05 Jul, 2017 12:00am
Three tourists die as car plunges into ravine

Three tourists die as car plunges into ravine

Three tourists belonging to Khyber Agency were killed when their car plunged into a deep ravine in Babusar top area of Kaghan Valley, police said on Tuesday. Diamar police said that the deceased had gone to Gilgit-Baltistan for a tour. While returning fro
Published 05 Jul, 2017 12:00am
NHA gives undue benefit to selected contractors: PAC body briefed

NHA gives undue benefit to selected contractors: PAC body briefed

The National Highways Authority (NHA) provided undue benefit to the tune of multibillion rupees to selected contractors over the years, Auditor General Pakistan officials revealed. Senior Audit officials while briefing a subcommittee of the Public Account
Published 05 Jul, 2017 12:00am
Oil tanker overturns on Indus Highway

Oil tanker overturns on Indus Highway

An oil tanker overturned on Indus Highway near Sapina area of Karak on Tuesday. According to details, the tanker was enroute to Karachi from Nashpa oil field when the driver lost the vehicle's control and it turned over spilling hundreds of litres oil. Au
Published 05 Jul, 2017 12:00am
Prime Minister to visit Tajikistan today
Exchange

Prime Minister to visit Tajikistan today

On the invitation of Tajik President Emomali Rahmon, Prime Minister Muhammad Nawaz Sharif will pay an official visit to the Tajikistan from July 5-6, 2017 along with a high-level delegation, says a press release issued here on Tuesday.
Published 05 Jul, 2017 12:00am
Khattak for proper monitoring of BRT project

Khattak for proper monitoring of BRT project

KP Chief Minister Pervez Khattak has directed for the proper monitoring of pace on the main corridor and allied routes of Bus Rapid Transit Peshawar and the shifting of utilities at both sides of the main corridor of the BRT adding that the project has be
Published 05 Jul, 2017 12:00am
Parachinar tragedy: Jhagra distributes compensation cheques

Parachinar tragedy: Jhagra distributes compensation cheques

The Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra on Tuesday distributed compensation cheques among the victims of twin blasts in Parachinar. The Governor visited Parachinar and met a delegation of victim families. He also distributed compensation cheque
Published 05 Jul, 2017 12:00am
GE, CMEC mark important milestone
Exchange

GE, CMEC mark important milestone

GE announced the achievement of a major milestone in its contract with China Machinery Engineering Corp (CMEC) for Engro Powergen Thar (Pvt.) Limited's Thar Block II Power Plant, with the delivery of critical equipment for boilers, including cyclones, wat
Published 05 Jul, 2017 12:00am
Lasbela Chamber chief opposes further electricity surcharge

Lasbela Chamber chief opposes further electricity surcharge

The president of the Lasbela Chamber of Commerce and Industry, Ismail Sattar, has expressed strong opposition to the government's plan to pass the entire circular debt burden on to consumers. He was referring to a report revealing that before general elec
Published 05 Jul, 2017 12:00am
Customs values of ball & taper bearings revised

Customs values of ball & taper bearings revised

Directorate General Customs Valuation (DGCV) has revised the customs values of ball bearings and taper bearings under section 25(9) of the Customs Act, 1969. According to details, although the customs values of bearings were determined under section 25A o
Published 05 Jul, 2017 12:00am
Nasir Shah pays rich tribute to Z A Bhutto

Nasir Shah pays rich tribute to Z A Bhutto

Sindh Minister for Information, Transport and Labour Syed Nasir Shah paid rich tributes to Shaheed Zulfikar Ali Bhutto, Shaheed Benazir Bhutto and party workers for their struggle against the dictatorial regimes eventually sacrificing their lives for the
Published 05 Jul, 2017 12:00am
Growers advised to protect standing crops

Growers advised to protect standing crops

The Met Office has asked the farmers to take steps for protecting the standing crops from the negative impacts of the changing monsoon system. It said that rice growers should sow the crop in line with the agriculture experts' recommendation and plan the
Published 05 Jul, 2017 12:00am
More rains likely in next 48 hours

More rains likely in next 48 hours

The Met Office has predicted more rains with thundershowers mainly for upcountry in the next 48 hours, alerting the pubic to landslides in mountainous region. It said on Tuesday that more rain/thundershowers with isolated heavy falls are expected at scatt
Published 05 Jul, 2017 12:00am
Anti-corruption compliance ICMAP and CIPE signs MoU to raise capacity

Anti-corruption compliance ICMAP and CIPE signs MoU to raise capacity

The Institute of Cost and Management Accountants of Pakistan (ICMAP) and USA-based Center for International Private Enterprise (CIPE) recently signed an agreement for building capacity in the area of anti-corruption compliance and corporate governance.
Published 05 Jul, 2017 12:00am
Government investigating tanker blast that killed over 209

Government investigating tanker blast that killed over 209

Oil and gas regulator expects the first report this week in an investigation into a tanker explosion involving a Shell Pakistan contractor that killed 209 people, a spokesman for the regulatory authority said on Tuesday. The June 25 explosion took place a
Published 05 Jul, 2017 12:00am
FPCCI to convene country's biggest trade fair in October

FPCCI to convene country's biggest trade fair in October

The Federation of Pakistan Chambers of Commerce and Industry will hold a four-day international trade fair in October, the country's first and largest fair of this kind, the president of the FPCCI announced on Tuesday. The fair, to be held from October 26
Published 05 Jul, 2017 12:00am
Six killed, 30 hurt in road mishap

Six killed, 30 hurt in road mishap

At least six passengers including a woman were killed on Tuesday when a passenger coach turned turtle near Miani Forest between Hyderabad and Matiari and more than 30 sustained injuries. According to the police and the passengers, the coach was going from
Published 05 Jul, 2017 12:00am
LESCO yet to recover Rs 11 billion from defaulters

LESCO yet to recover Rs 11 billion from defaulters

The Lahore Electric Supply Company (LESCO) has yet to recover over Rs 11 billion despite disconnecting supplies to the defaulters. The Company sources said so far 310,000 meters have been disconnected under the recovery campaign. Many of the defaulters ha
Published 05 Jul, 2017 12:00am
Art & culture policy's framework prepared: minister

Art & culture policy's framework prepared: minister

Provincial Minister for Information & Culture, Mujtaba Shuja Ur Rehman has said that Provincial Information & Culture Department has prepared comprehensive framework of Art & Culture Policy. 'The purpose of this cultural policy is to promote historic cult
Published 05 Jul, 2017 12:00am
Students of private institutions secure top positions in SSC exams

Students of private institutions secure top positions in SSC exams

The students of private institutions have secured top positions as the Board of Intermediate and Secondary Education (BISE) Mardan on Tuesday announced results of the Secondary School Certificate (SSC) annual examination 2017. A total of 63,466 candidates
Published 05 Jul, 2017 12:00am
LHC reserves verdict on cancellation of NIC

LHC reserves verdict on cancellation of NIC

The Lahore High Court on Tuesday reserved its verdict on a petition challenging cancellation of national identity card of a Pakhtun man and Form-B of his two minor daughters. The petitioner, Wali Muhammad Khan, through his counsel Ch Shoaib Saleem advocat
Published 05 Jul, 2017 12:00am
China, Pakistan agree to expand collaboration in film, TV
Exchange

China, Pakistan agree to expand collaboration in film, TV

In a bid to enhance people to people contacts and cultural cooperation, China and Pakistan have agreed to expand their bilateral collaboration in film, television and publications. In this regard, Vice Minister of China's State Administration for Press, P
Published 05 Jul, 2017 12:00am
Hotel owners vanish after collecting Rs 5 billion from various clients

Hotel owners vanish after collecting Rs 5 billion from various clients

The owners of Grand Hyatt Hotel Islamabad have fled after collecting Rs 5 billion from various clients including Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan, officials said. Briefing a subcommittee of the Public Accounts Committee (PAC), here on
Published 05 Jul, 2017 12:00am
Berlin Petroleum launches its products in Pakistan

Berlin Petroleum launches its products in Pakistan

Berlin Petroleum (Private) Ltd is excited to launch their products in Pakistan for the first time. Berlin is the capital of Germany. Since decades German products are the metaphor for quality and precision, and we at Berlin Petroleum are committed to brin
Published 05 Jul, 2017 12:00am
Kashmir should not be a nuclear flashpoint: Masood

Kashmir should not be a nuclear flashpoint: Masood

Sardar Masood Khan, President of Azad Jammu and Kashmir (AJK) on Tuesday said Kashmir should not be a nuclear flashpoint but a crucible for connectivity for the people of South Asia. Speaking at a seminar on "Kashmir: Way Forward" held at the ongoing Brad
Published 05 Jul, 2017 12:00am
Oath of office for non-Muslims: Senate body discusses amendments

Oath of office for non-Muslims: Senate body discusses amendments

The Senate Standing Committee on Law and Justice Tuesday discussed amendments to the oath of office for members of Pakistan's religious minorities and deferred the matter until the opinion of the Council of Islamic Ideology is received on the issue. The c
Published 05 Jul, 2017 12:00am
EDOTCO Pakistan team meets BOI Chairman

EDOTCO Pakistan team meets BOI Chairman

A three-member delegation led by Suresh Sidhu, Group CEO, EDOTCO Group visited Board of Investment, Islamabad and met Minister of State/Chairman BOI Dr Miftah Ismail. The Chairman welcomed the honourable guests. The objective of this meeting was to update
Published 05 Jul, 2017 12:00am
JI leaders slam murder of Zeba Burney

JI leaders slam murder of Zeba Burney

Director media cell Jamaat-I-Islami Women's Wing, Aliya Mansoor, Deputy Director, Sadia Hamna; Information Secretary, Saima Iftikhar, Aliya Shamim, Mehr Afshan and others have offered their heartfelt condolences on the sad demise of senior journalist Zeba
Published 05 Jul, 2017 12:00am
Shahbaz hosts luncheon for Chinese delegation

Shahbaz hosts luncheon for Chinese delegation

Punjab Chief Minister Muhammad Shahbaz Sharif hosted a luncheon in honour of Administrator National Energy Administration China, Vice Chairman NDRC Nur Bekri and his delegation at Government house, Murree Tuesday. Chinese Ambassador to Pakistan Sun Weidon
Published 05 Jul, 2017 12:00am
Sharifs' family unable to answer even a single question: Awan

Sharifs' family unable to answer even a single question: Awan

Senior leader of Pakistan Tehreek-e-Insaf Dr Babar Awan on Tuesday lashed out at Pakistan Muslim League-Nawaz (PML-N) saying that entire nation has understood now that Sharif family is unable to answer even a single question. In a statement, he said, "Joi
Published 05 Jul, 2017 12:00am
Afghan refugees asked to leave Mohmand Agency within six days

Afghan refugees asked to leave Mohmand Agency within six days

Political administration (PA) of Mohmand Agency has ordered Afghans refugees to leave the tribal region within six days, who are residing in Lower Mohmand Agency Ekkaghund Sub-division of the tribal area of Mohmand Agency. An official of the lower Mohmand
Published 05 Jul, 2017 12:00am
Khamenei asks Iranian judiciary to pursue Kashmir issue

Khamenei asks Iranian judiciary to pursue Kashmir issue

Iran's supreme leader, Ayatollah Seyyed Ali Khamenei, has called upon the Judiciary of his country to pursue issues like Kashmir legally and adopt official position on such international issues. Ayatollah Khamenei made these remarks at a meeting with high
Published 05 Jul, 2017 12:00am
Qatari prince's letter has no significance: Shiekh Rasheed

Qatari prince's letter has no significance: Shiekh Rasheed

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday while directing a quite exceptional critique at Pakistan Muslim League-Nawaz (PML-N) questioned their formula behind accumulating vast fortune. Khan's tweet was a question and answer at the sam
Published 05 Jul, 2017 12:00am
ECP adjourns hearing of case against Imran

ECP adjourns hearing of case against Imran

The Election Commission of Pakistan (ECP) on Tuesday adjourned the hearing of a case against chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan till July 10.
Published 05 Jul, 2017 12:00am
'Prime Minister real leader of nation'

'Prime Minister real leader of nation'

The daughter of Prime Minister Nawaz Sharif said on her twitter message that PM Nawaz Shaif was the real leader of the nation. "Kill them with your success and bury them with a smile," she wrote this message on social media web site Twitter during PM Nawa
Published 05 Jul, 2017 12:00am
ADB official calls on Dar

ADB official calls on Dar

Executive Director Asian Development Bank (ADB) Sami Saeed called on Finance Minister Senator Ishaq Dar at the Ministry of Finance on Tuesday. The executive director discussed matters with the finance minister related to ADB's various projects and program
Published 05 Jul, 2017 12:00am
Panama Paper case: JIT making history by questioning 'big crooks': Imran

Panama Paper case: JIT making history by questioning 'big crooks': Imran

Pakistan Tehreek-e-Insaf Chairman Imran Khan said on Tuesday it was the first time that big crooks were being questioned over corruption in the country's history. Speaking to supporters after inaugurating a small-scale hydroelectric power supply scheme in
Published 05 Jul, 2017 12:00am
Contempt of court case: LHC issues notice to RTO Bahawalpur

Contempt of court case: LHC issues notice to RTO Bahawalpur

Lahore High Court (LHC) has issued a notice to the Regional Tax Office Bahawalpur Commissioner in a contempt of court petition moved by an aggrieved taxpayer Muhammad Anwar whose refunds have been denied by the commissioner on one and the other pretext ev
Published 05 Jul, 2017 12:00am
Cash rewards: IHC issues notices

Cash rewards: IHC issues notices

Islamabad High Court (IHC) Tuesday issued notices to the Federation and principal secretary to Prime Minister over a plea challenging Prime Minister Mian Nawaz Sharif's recent announcement to distribute cash awards of Rs 215 million among national cricket
Published 05 Jul, 2017 12:00am
Gas supply suspended to industry, CNG stations across Punjab

Gas supply suspended to industry, CNG stations across Punjab

The Sui Northern Gas Pipelines Limited (SNGPL) on Tuesday suspended gas supply to industry and CNG stations across Punjab. According to the SNGPL spokesperson, gas supply has been suspended due to technical problem at Engro LNG Terminal and Annual Turn Ar
Published 05 Jul, 2017 12:00am
Voicing deep govt frustration

Voicing deep govt frustration

This is apropos a Business Recorder news item "Dar castigates IK to voice deep govt frustration" carried by the newspaper yesterday. Terming Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan 'a liar', 'a gambler' and 'a tax-evader', Finance Minist
Published 05 Jul, 2017 12:00am
Japan's Abe vulnerable after party's dismal Tokyo poll showing

Japan's Abe vulnerable after party's dismal Tokyo poll showing

A stunning defeat for Japanese Prime Minister Shinzo Abe's ruling party at the hands of a novice political group in the capital has revealed the fragility of his support and shown that voters can desert him - if there is a credible alternative. Abe surged
Published 05 Jul, 2017 12:00am
Disclosure of assets
Exchange

Disclosure of assets

The law Companies Act, 2017 (the 'Act') vide Section 452 'Companies' Global Register of Beneficial Ownership' introduced a new concept in corporate law, as no similar provision formed part of preceding corporate law. This writer's preliminary study
Published 05 Jul, 2017 12:00am
The sharing economy

The sharing economy

Pakistan is entering rather tentatively what is called the 'sharing economy' with the advent of Careem and Uber cab services as well as Airbnb accommodation services in the country. Both these services have been built around a unique business model: priva
Published 05 Jul, 2017 12:00am
The Weather

The Weather

The weather report on Tuesday (July 04, 2017) and the forecast for Wednesday (July 05, 2017).

Published 05 Jul, 2017 12:00am
Keep your fingers crossed

Keep your fingers crossed

The question where Pakistan figures in the United States' regional policy has no easy answer. Although President Trump has threatened to harden his approach towards Pakistan, the chairman of influential US Senate's Armed Services Committee, Senator John M
Published 05 Jul, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 04, 2017).

Published 05 Jul, 2017 12:00am
Oil price decline

Oil price decline

According to a Business Recorder exclusive, the government has decided not to pass on the entire decline in the international price of oil and products to domestic consumers as recommended by Oil and Gas Regulatory Authority (Ogra). Given that the
Published 05 Jul, 2017 12:00am
Volkswagen returns to Iran after 17 years'' absence
Exchange

Volkswagen returns to Iran after 17 years'' absence

German car giant Volkswagen said Tuesday it was returning to the Iranian market for the first time in 17 years due to the lifting of economic sanctions. The company, maker of brands including VW, Porsche, Skoda and Seat, said it would resume selling cars
Published 05 Jul, 2017 12:00am
Volkswagen returns to Iran after 17 years' absence
Exchange

Volkswagen returns to Iran after 17 years' absence

German car giant Volkswagen said Tuesday it was returning to the Iranian market for the first time in 17 years due to the lifting of economic sanctions. The company, maker of brands including VW, Porsche, Skoda and Seat, said it would resume selling cars
Published 05 Jul, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 04, 2017).

Published 05 Jul, 2017 12:00am
Volkswagen returns to Iran after 17 years' absence
Exchange

Volkswagen returns to Iran after 17 years' absence

German car giant Volkswagen said Tuesday it was returning to the Iranian market for the first time in 17 years due to the lifting of economic sanctions. The company, maker of brands including VW, Porsche, Skoda and Seat, said it would resume selling cars
Published 05 Jul, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 04, 2017)

Published 05 Jul, 2017 12:00am
PM may discuss stalled TTTA during visit to Tajikistan
Cotton

PM may discuss stalled TTTA during visit to Tajikistan

Prime Minister Nawaz Sharif is expected to discuss Trilateral Transit Trade Agreement (TTTA) between Pakistan, Afghanistan and Tajikistan which has been stalled due to Afghanistan''s insistence to include India making it a quadrilateral agreement, well in
Published 05 Jul, 2017 12:00am
PM may discuss stalled TTTA during visit to Tajikistan
Cotton

PM may discuss stalled TTTA during visit to Tajikistan

Prime Minister Nawaz Sharif is expected to discuss Trilateral Transit Trade Agreement (TTTA) between Pakistan, Afghanistan and Tajikistan which has been stalled due to Afghanistan's insistence to include India making it a quadrilateral agreement, well inf
Published 05 Jul, 2017 12:00am
PM may discuss stalled TTTA during visit to Tajikistan
Cotton

PM may discuss stalled TTTA during visit to Tajikistan

Prime Minister Nawaz Sharif is expected to discuss Trilateral Transit Trade Agreement (TTTA) between Pakistan, Afghanistan and Tajikistan which has been stalled due to Afghanistan's insistence to include India making it a quadrilateral agreement, well inf
Published 05 Jul, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 04, 2017).

Published 05 Jul, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 04, 2017).

Published 05 Jul, 2017 12:00am