News Archives for Print - 2017-09-28

Shahbaz slams Indian firing at LoC

Punjab Chief Minister Muhammad Shahbaz Sharif has strongly condemned the incident of unprovoked firing of the Indian army at Nakial sector at the Line of Control (LoC). He has expressed deep sense of sorrow and grief over the martyrdom of a citizen due to

Published 28 Sep, 2017 12:00am

NAB DGs conference on eradication of corruption

National Accountability Bureau (NAB) 3-day 22nd Director General Conference concluded with a determination to eradicate corruption and nab the corrupts with iron hands and recover looted money so that the menace of corruption is eradicated from Pakistan b

Published 28 Sep, 2017 12:00am

Mutual Funds

Descon Oxychem Limited

A market leader in Pakistan's hydrogen peroxide market, Descon Oxychem (DOL on PSX) was established in 2008. It supplies customised chemistries for textiles, food & beverage safety, and industrial and consumer markets. It is also exploring growth in inter

Updated 03 Oct, 2017 09:49am

Mutual Funds

Descon Oxychem Limited

A market leader in Pakistan's hydrogen peroxide market, Descon Oxychem (DOL on PSX) was established in 2008. It supplies customised chemistries for textiles, food & beverage safety, and industrial and consumer markets. It is also exploring growth in inter

Published 28 Sep, 2017 12:00am

Tomato issue will be resolved in a few days: minister

Punjab Minister for Industry and Trade Sheikh Alauddin has claimed that the issue of unavailability of tomatoes in general market will be resolved in a few days. He said that the government of Punjab is trying to make sure that tomatoes should be availabl

Published 28 Sep, 2017 12:00am

LCCI urges RD withdrawal on steel import

Lahore Chamber of Commerce and Industry (LCCI) President-elect Malik Tahir Javed has urged the government to save the auto parts manufacturers of Pakistan who are in deep trouble because of adverse conditions. Malik Tahir said that auto parts manufacturer

Published 28 Sep, 2017 12:00am

LCCI urges RD withdrawal on steel import

Lahore Chamber of Commerce and Industry (LCCI) President-elect Malik Tahir Javed has urged the government to save the auto parts manufacturers of Pakistan who are in deep trouble because of adverse conditions. Malik Tahir said that auto parts manufacturer

Published 28 Sep, 2017 12:00am

Exchange

IAF office inaugurated in PRMGEA building

President IAF Han Bekke along with Central Chairman PRMGEA Ijaz A. Khokhar on Wednesday afternoon inaugurated the office of International Apparel Federation (IAF) in newly constructed building of Pakistan Readymade Garments and Exporters Association (PRMG

Published 28 Sep, 2017 12:00am

Exchange

LCCI demands complete ban on import of vegetables, fruits from India

Though the tomato prices have not come down below Rs 200 per KG in the local market, the Lahore Chamber of Commerce and Industry (LCCI) has hailed the federal government's decision not to allow import of tomato from India and said the move would help loca

Published 28 Sep, 2017 12:00am

Exchange

LCCI demands complete ban on import of vegetables, fruits from India

Though the tomato prices have not come down below Rs 200 per KG in the local market, the Lahore Chamber of Commerce and Industry (LCCI) has hailed the federal government's decision not to allow import of tomato from India and said the move would help loca

Published 28 Sep, 2017 12:00am

PCMA meeting tomorrow

The second annual general meeting of the Pakistan Chemical Manufacturers Association (PCMA) will be held on Friday. According to Association's Secretary General Iqbal Kidwai, the meeting will review the association's progress besides setting up a way forw

Published 28 Sep, 2017 12:00am

S M Naveed becomes new PCJCCI President

S M Naveed elected unopposed President of Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) in the annual general meeting of the PCJCCI, here on Tuesday. Naveed is a Director of Din Textile Mills Ltd, Din Leather Pvt Ltd and Din Farm Products

Published 28 Sep, 2017 12:00am

Hafiz Saeed's case: LHC issues notice to home department

The Lahore High Court on Wednesday issued notice to the home department for October 2 in an application of Jamatud Dawa (JuD)'s Chief Hafiz Saeed and others challenging extension of their department for another 30 days. The court while issuing notice to t

Published 28 Sep, 2017 12:00am

LHC moved against Nawaz Sharif

A social worker Amna Malik has approached the Lahore High Court seeking contempt proceedings against former Prime Minister Nawaz Sharif over his alleged speech against the judiciary. Amna Malik, president of Arman Welfare Foundation, through Advocate Azha

Published 28 Sep, 2017 12:00am

LUMS hosts event to celebrate 15 years of HEC

Lahore University of Management Sciences (LUMS) hosted the Regional Research Products Showcasing Event for Central Punjab in collaboration with the Higher Education Commission (HEC) Regional Centre, Lahore, on Wednesday. Syed Raza Ali Gilani, Minister of

Published 28 Sep, 2017 12:00am

Ongoing fight within opposition parties will harm PTI: Wattoo

Pakistan Peoples Party (Punjab) stalwart Manzoor Wattoo said on Wednesday that the ongoing fighting within the opposition parties would also harm the PTI. Addressing a press conference at his residence, he said as a former speaker Punjab Assembly he is of

Published 28 Sep, 2017 12:00am

Dutch envoy visits SCCI

Dutch Ambassador to Pakistan Ardi Stoios Braken on Wednesday visited Sialkot Chamber of Commerce and Industry (SCCI) to discuss different issues pertaining to enhancing bilateral trade between Netherlands and Pakistan. The ambassador said that we are keen

Published 28 Sep, 2017 12:00am

TDCP holds seminar on World Tourism Day

The Tourism Development Corporation of Punjab (TDCP) on Wednesday arranged a seminar to commemorate World Tourism Day 2017. The theme of this year, given by the United Nation World Tourism Organization (UNWTO), was "sustainable tourism: a tool for develop

Published 28 Sep, 2017 12:00am

Exchange

Nawaz meets Shahbaz to discuss wide range of issues

Former Prime Minister Nawaz Sharif met Punjab Chief Minister Shahbaz Sharif on Wednesday and discussed wide range of issues including cases initiated by NAB against members of Sharif family, sources said. During the meeting, matters pertaining to the PML-

Published 28 Sep, 2017 12:00am

KP allocates 28 percent of total budget for education: speaker

Speaker Khyber Pakhtunkhwa Assembly Asad Qaiser has said that the allocation of the 28 percent of the total budget and 114 percent increase in the educational budget during last four years reflects the concentration of the provincial government on promoti

Published 28 Sep, 2017 12:00am

EM Solvers, Antenna Design workshop held at NUST

NUST Research Institute for Microwave and Millimeter-Wave Studies (RIMMS) held the inaugural session of the 3-day workshop titled "International CST Workshop on EM Solvers and Antenna Design" in collaboration with Computer Simulation Technology (CST), Ger

Published 28 Sep, 2017 12:00am

Religious leaders call for promotion of inter-faith harmony, unity

Religious leaders from different schools of thought at a peace conference have stressed the need for mutual respect, inter-faith harmony and unity among all religions to promote sustainable peace. The conference on titled: 'Youm-e-Ashura' was organised by

Published 28 Sep, 2017 12:00am

Over Rs 17.4 million Abiana recovered from growers

The irrigation department recovered over Rs 17.4 million water rates (Abiana) from growers during August 17 of Rabbi Season 2015-16. According to official sources, teams recovered water rates over Rs 17.4 million from growers in four districts of Multan z

Published 28 Sep, 2017 12:00am

Punjab government lauded for improving healthcare system

South Asian Region of International Consultancy Institution JSI has lauded the steps taken by the Punjab government for improving quality of healthcare system in the province. The representative of JSI Dr Regional Gipson accompanied by national coordinato

Published 28 Sep, 2017 12:00am

President for availability of medicines for rare diseases

President Mamnoon Hussain on Wednesday stressed the need for timely provision of medicines to the patients of orphan (rare) diseases to achieve of the objectives of public healthcare. The President expressed his views at a briefing by Ministry of National

Published 28 Sep, 2017 12:00am

Government urged to make coordinated efforts for mitigating climate change

Representatives of different non-governmental organizations and educational institutions have urged various government departments to take coordinated efforts for mitigating climate change by launching various green actions.

Published 28 Sep, 2017 12:00am

Un-served, under-served areas: Anusha reviews development of telecom services by USF

Universal Service Fund Company (USFCo) 54th Board of Directors meeting was convened on September 26, 2017 in the Ministry of Information Technnology and Telecom, Islamabad "Launch of the USF Broadband coverage projects in FATA heralds a new era of connect

Published 28 Sep, 2017 12:00am

1,770 smuggled mobile phones seized

Customs Mobile Squad seized 1770 mobile phones worth Rs 17 million near Hayatabad Phase 3 Chowk. According to details Deputy Collector (Anti-Smuggling), Fazal Shakoor have received a tip off about the smuggling of huge cache of mobile phones from Afghanis

Published 28 Sep, 2017 12:00am

1,770 smuggled mobile phones seized

Customs Mobile Squad seized 1770 mobile phones worth Rs 17 million near Hayatabad Phase 3 Chowk. According to details Deputy Collector (Anti-Smuggling), Fazal Shakoor have received a tip off about the smuggling of huge cache of mobile phones from Afghanis

Published 28 Sep, 2017 12:00am

Ahsan Iqbal meets SCO secretary general

Ahsan Iqbal who is in Beijing to attend the Interpol General Assembly meeting, visited the headquarters of the Shanghai Cooperation Organization on Wednesday for a meeting with Rashid Alimov, the Secretary General of SCO. Welcoming the Federal Minister, t

Published 28 Sep, 2017 12:00am

PAF, PLAAF joint exercise Shaheen-VI concludes in China

A Pak-China joint air exercise titled 'Shaheen-VI' successfully concluded at China's Korla air base on Wednesday. Contingents from both sides participated with modern fighter jets and support elements in the Shaheen-VI exercise, which continued for three

Published 28 Sep, 2017 12:00am

Pakistan supports peace process between Afghan government, insurgents

At the UN, Pakistan on Tuesday called for support to a peace process between the Afghan government and the Afghan insurgency that can bring the war to a political end. Speaking in the Security Council debate on Afghanistan, Pakistan's Ambassador to the UN

Published 28 Sep, 2017 12:00am

Fatima Fertilizer holds 'Dhan Seminar'

Fatima Fertilizer in association with Government of Punjab and Rice Research Institute Kala Shah Kaku organized 'Dhaan Seminar' in Gujranwala. The seminar brought together more than 3,000 farmers. Chief guests included Secretary Agriculture, DG Agricultur

Published 28 Sep, 2017 12:00am

UBL wins 'Best Bank for Corporate Finance & Capital Market Development' Award

UBL won the "Best Bank for Corporate Finance & Capital Market Development" Award at the Pakistan Banking Awards 2017 held at a local hotel in Karachi. This award recognizes a bank that has demonstrated the most significant contribution in promoting capita

Published 28 Sep, 2017 12:00am

NAB files reference against 10 accused

National Accountability Bureau (NAB), Karachi on Wednesday filed a reference in accountability court against 10 accused persons over the misuse of authority and corruption by misappropriation of urea fertilizer imported by government through Trading Corpo

Published 28 Sep, 2017 12:00am

Navy's third Force Protection Battalion: ground-breaking ceremony of new building held

Ground breaking ceremony of the new building for 3rd Force Protection Battalion of Pakistan Navy was held at Gwadar. Chief of the Naval Staff, Admiral Muhammad Zakaullah was the chief guest of the ceremony. Upon his arrival he was received by Commander Co

Published 28 Sep, 2017 12:00am

Jeewa elected ABAD Chairman

A leading builder Arif Yousuf Jeewa was elected Chairman of the Association of Builders and Developers of Pakistan (ABAD) unanimously for the term of 2017-2018 here on Wednesday, while Fayyaz Ilyas, Sohail Warind and Altaf Tai were also elected as Senior

Published 28 Sep, 2017 12:00am

Saylani Welfare, Aman Health enter into partnership

Two development sector organizations of Pakistan, Saylani Welfare International Trust and Aman Health on Tuesday entered into a partnership for the future expansion of Aman Ghar. Aman Ghar is a project launched by the Aman Foundation with the vision of pr

Published 28 Sep, 2017 12:00am

Jovago welcomes PC & Marriott Hotels onboard

Jovago.pk, Pakistan's first hotel booking website on the occasion of "World Tourism Day", celebrated every year on September 27 globally, brings exciting announcement for its travelers.

Published 28 Sep, 2017 12:00am

4,312 chikungunya cases reported in Sindh alone: health department reported

Sindh during the current year has registered 4,312 cases of Chikungunya against 405 in 2016, said a report issued by provincial health department. The officials concerned as well as seasoned professionals talking to APP attributed the situation to absolut

Published 28 Sep, 2017 12:00am

NBP, WB strategize to boost housing finance sector in Pakistan

A World Bank delegation called on the President/CEO National Bank of Pakistan, Saeed Ahmad. The World Bank team was led by Korotoumou Ouattara (Senior Financial Sector Economist), Adrey Milyutin (Senior Housing Finance Specialist), Nouma Dione (Financial

Published 28 Sep, 2017 12:00am

NBP, WB strategize to boost housing finance sector in Pakistan

A World Bank delegation called on the President/CEO National Bank of Pakistan, Saeed Ahmad. The World Bank team was led by Korotoumou Ouattara (Senior Financial Sector Economist), Adrey Milyutin (Senior Housing Finance Specialist), Nouma Dione (Financial

Published 28 Sep, 2017 12:00am

Imported products PFA formulates law by taking FBR on board

Punjab Food Authority has formulated law for imported products by taking Federal Bureau of Revenue (FBR) on board. This initiative is taken after confiscating expired imported products from several renowned stores. According to new law, PFA has imposed ba

Published 28 Sep, 2017 12:00am

Partly Facetious: Did Nawaz tone his narrative down?

"Ha, ha, ha."

Published 28 Sep, 2017 12:00am

One martyred, four injured in Indian firing

Indian troops violated the ceasefire along the Line of Control (LoC) yet again on Wednesday, killing a civilian and injuring four others in heavy shelling on villages in Nakyal sector in the southern Kotli district. According to a statement by Army's medi

Published 28 Sep, 2017 12:00am

Indian deputy HC summoned over ceasefire violations

Pakistan on Wednesday summoned acting Indian deputy high commissioner and condemned the unprovoked ceasefire violations by the Indian occupation forces in Nakyal sector in southern Kotli district, Foreign Office said. In a statement, the Foreign Office sa

Published 28 Sep, 2017 12:00am

Irregular appointments in PIDE: NA panel dissatisfied with probe report

The National Assembly Standing Committee on Planning, Development and Reform has expressed dissatisfaction over the probe report on irregular appointments in Pakistan Institute of Development Economics (PIDE) and directed the Ministry of Planning, Develop

Published 28 Sep, 2017 12:00am

Seminar held to laud sacrifices of martyrs of Karbala

The University of Agriculture Faisalabad (UAF) arranged a seminar on teaching and sacrifices of Hazrat Imam Hussain (R.A) on Wednesday at Iqbal Auditorium. Arranged by the Senior Tutor Office, the seminar was chaired by UAF Vice Chancellor Professor Dr Mu

Published 28 Sep, 2017 12:00am

MCCI elects new body for 2017-2018

Multan Chamber of Commerce and Industry (MCCI) elected unopposed its new body here on Wednesday for the year 2017-18 and Malik Israr Ahmad Awan emerged as the new president. The new body will formally take over the charge in the MCCI annual general meetin

Published 28 Sep, 2017 12:00am

Rulers making mockery of constitution: JI chief

Chief of Jamaat-e-Islami, Sirajul Haq, has said that democracy implied rule of law and not monarchy but the country's rules were not prepared to accept this principle. While addressing a meeting of an advisory body of the JI at Masnsoora on Wednesday, he

Published 28 Sep, 2017 12:00am

Scholars approve joint declaration favouring religious, sectarian harmony

Religious scholars and representatives of different religions Wednesday said that there is no space for terrorism, extremism and sectarian violence in Islam and leaders of all religious sects should announce to disassociate themselves from such elements.

Published 28 Sep, 2017 12:00am

'Agriculture department upgrading its 45 farms'

The Punjab Agriculture Department is upgrading its 45 farms by equipping them with latest technology and research facilities to increase the production of various crops and economic benefits of the growers. "We will achieve the farms upgradation task by J

Published 28 Sep, 2017 12:00am

Chinese CRCCI delegation calls on Shahbaz

A delegation of China Railway Construction Corporation International (CRCCI) led by its Chairman Zhou Lei called on Punjab Chief Minister Shahbaz Sharif here on Wednesday and exhibited keen interest in investment and enhancement of cooperation in infrastr

Published 28 Sep, 2017 12:00am

METRO Cash & Carry, Unilever Food Solutions collaborate to educate chefs

METRO Cash & Carry Pakistan and Unilever Food Solutions have collaborated again to educate professional Chefs from the HoReCa (Hotels, Restaurants & Caterers) industry, as part of their "Food Safety Principles" program at four METRO locations; Lahore, Isl

Published 28 Sep, 2017 12:00am

Exchange

Pioneer Cement earned Rs 2.9 billion PAT in fiscal year 2017

The profit after tax of Pioneer Cement Limited has increased to Rs 2.917 billion in the year ended June 30, 2017 (FY17) as compared to Rs 2.518 billion earned in FY16.The Company's earning per share increased to Rs 12.84 in FY17 against Rs 11.09 in the sa

Published 28 Sep, 2017 12:00am

Exchange

Pioneer Cement earned Rs 2.9 billion PAT in fiscal year 2017

The profit after tax of Pioneer Cement Limited has increased to Rs 2.917 billion in the year ended June 30, 2017 (FY17) as compared to Rs 2.518 billion earned in FY16.The Company's earning per share increased to Rs 12.84 in FY17 against Rs 11.09 in the sa

Published 28 Sep, 2017 12:00am

Council for welfare of senior citizens formed

Sindh government, Social Welfare department has constituted a 16-member council for the welfare of senior citizens under Section 3(1) of the Sindh Senior Citizen Welfare Act, 2014.

Published 28 Sep, 2017 12:00am

Cotton

43 companies to participate in Intertextile Shanghai

A total of 43 companies from Pakistan will participate in Intertextile Shanghai Apparel Fabrics & Yarn Expo to be held from 11-13 October 2017 in Shanghai, China. Trade Development Authority of Pakistan (TDAP) is organizing Pakistan Pavilion at Intertexti

Published 28 Sep, 2017 12:00am

BRT Blue Line project: Murad for conducting environment assessment

Sindh Chief Minister Syed Murad Ali Shah has directed Transport Department to conduct Environment Assessment of BRT Blue Line so that the project could be started through Public Private Partnership (PPP). This he said while presiding over a meeting on BRT

Published 28 Sep, 2017 12:00am

Stability of Parliament under threat from PTI, MQM, Bilawal says

PPP Chairman Bilawal Bhutto-Zardari on Wednesday criticised the PTI and MQM-P over calls to change the leader of opposition in the lower house of parliament. He said such moves will pose a danger to the stability of the parliament and is not a good omen f

Published 28 Sep, 2017 12:00am

Non-payment of dues KU's power supply disconnected

K-Electric on Wednesday disconnected power supply of administration block and staff colony of Karachi University due to nonpayment of outstanding dues. KE spokesman said receivables from Karachi University have risen to over Rs 86 million. Due to the stag

Published 28 Sep, 2017 12:00am

One-window operation for workers' welfare

Sindh Minister for Labour Syed Nasir Hussain Shah has assured that one-window operation will be started for the welfare of labourers and industrialists to facilitate them through social security, EOBI and Workers Welfare Boards. Speaking at a meeting with

Published 28 Sep, 2017 12:00am

Hot spell may stay today, tomorrow

The prevailing hot weather in the city is likely to continue, as the Met Office on Wednesday forecast heat waves with up to 80 percent humidity on September 28 and 29. It said that partly cloudy weather in the metropolis is expected on Thursday and Friday

Published 28 Sep, 2017 12:00am

HRCP calls for immediate release of Turkish family

The Human Rights Commission of Pakistan (HRCP) has called for the immediate release of Kacmaz's family, ex-director of Pak-Turk school, including two young daughters, who were abducted in Lahore on Wednesday. The family had been residing in Pakistan for a

Published 28 Sep, 2017 12:00am

Government urged to establish better equipped fire fighting stations

Senior Vice President of Site Super Highway Association of Industry (SSHAI), Sultan Salahuddin Chishti has urged the government to establish most modern and well equipped fire fighting stations in all the seven industrial estates of the city on priority b

Published 28 Sep, 2017 12:00am

IT returns, wealth statement issues: KTBA urges FBR to send representative in Karachi

Karachi Tax Bar Association (KTBA) has requested the Chairman FBR to send representative in Karachi in order to resolve issues related to income tax returns and wealth statement.

Published 28 Sep, 2017 12:00am

Exchange

PSX approves schedule for issuance of CPL shares

Pakistan Stock Exchange (PSX) has approved the schedule of issue of Right Shares of Cherat Packaging Limited (CPL). The trading in the Unpaid Right of the company will start on the PSX wef 05 October 2017. The first settlement date will be 09 October 2017

Published 28 Sep, 2017 12:00am

Minister visits KPT to review progress of port projects

The Minister of State for Ports and Shipping Chowdhry Jaffer Iqbal visited the Karachi Port Trust (KPT) Head Office Wednesday to review the progress of port projects. He was taken on port round for reviewing the progress of ongoing port projects. He took

Published 28 Sep, 2017 12:00am

Shujaat condoles with Ajmal Wazir

Pakistan Muslim League-Q (PML-Q) President and former Prime Minister Chaudhry Shujaat Hussain visited the residence of PML-Q Khyber Pukhtoonkhwah and FATA Chief Organizer Ajmal Khan Wazir on Wednesday and offered condolence over the demise of his wife. He

Published 28 Sep, 2017 12:00am

LHC orders disciplinary action against housing secretary

The Lahore High Court has directed the Punjab government to initiate disciplinary action against the secretary housing and urban development and others for canceling allotment of a plot of one Ghulam Muhammad in violation of rules. The court restoring the

Published 28 Sep, 2017 12:00am

Cotton

Rebate essential on export of yarn, APTMA explains

Zahid Mazhar, senior vice chairman All Pakistan Textile Mills Association (APTMA), has strongly rejected the suggestion to stop the four-percent rebate on the export of yarn, which is to be provided by the government on the basis of drawback of duties, lo

Published 28 Sep, 2017 12:00am

Concerned about IS flag, senate body seeks Interior Ministry report

The Senate Standing Committee on Interior and Narcotics Control Wednesday expressed serious concern over hoisting of a flag of a global terrorist network Daesh, also known as ISIS, on Islamabad Expressway and sought report from Ministry of Interior in thi

Published 28 Sep, 2017 12:00am

Mashal Khan murder case hearing adjourned

An Anti-Terrorism Court on Wednesday adjourned hearing of Mashal Khan murder case after conducting the third hearing of the case. The case is being heard by Justice Fazal Subhan in the premises of Central Jail Haripur where the accused are being held amid

Published 28 Sep, 2017 12:00am

PTI may succeed in electing Opposition Leader

Pakistan Tehreek-e-Insaf (PTI) may succeed in getting the numbers required to elect the Leader of Opposition in the National Assembly from within its own ranks though it may not succeed in achieving its objective of having a meaningful input in appointing

Published 28 Sep, 2017 12:00am

PTI MNAs against Qureshi becoming Opposition Leader

A large number of Pakistan Tehreek-e-Insaf (PTI) lawmakers have made it clear that no one except party chief Imran Khan will be acceptable to them for the lucrative slot of opposition leader in National Assembly after some members floated the idea to hand

Published 28 Sep, 2017 12:00am

LHCBA slams protocol for Nawaz

The Lahore High Court Bar Association (LHCBA) condemned protocol of Nawaz Sharif during his appearance before the court and appealed the Chief Justice of Pakistan to take notice of it. The lawyers said that the former PM also made hate speeches against th

Published 28 Sep, 2017 12:00am

Nawaz may leave for London: Kulsoom Nawaz again hospitalized, daughter tweets

Begum Kulsoom Nawaz, the wife of former Prime Minister Nawaz Sharif, was admitted to hospital on Tuesday night. "Ami was taken and admitted to the hospital again late last night. Doctors are trying to stabilise her condition. Request for prayers. Allahu S

Published 28 Sep, 2017 12:00am

Petition seeking criminal proceedings against Musharraf dismissed

A division bench of the Lahore High Court on Wednesday dismissed a petition of a citizen seeking directions for criminal proceedings against General Pervez Musharraf (r) for allegedly ridiculing the judiciary. The petitioner through his counsel Asadullah

Published 28 Sep, 2017 12:00am

Bilawal decides to contest election from Lahore

Bilawal Bhutto, PPP Chairperson, will contest election from the city of Lahore to regain ground in 2018 general elections, said PPP sources. In a recent meeting with Bilawal, sources said, the PPP Punjab leadership urged him to contest elections from Laho

Published 28 Sep, 2017 12:00am

Talks under way to reschedule visit by US officials

Pakistan and United States are in contact at a diplomatic level to reschedule the visit of Acting-Assistant Secretary of State Alice Wells and the National Security Council's Senior Director for South and Central Asia Lisa Curtis to Islamabad, said Richar

Published 28 Sep, 2017 12:00am

Exchange

ADB's legitimate concerns

This is apropos a Business Recorder news item "ADB highlights economic vulnerabilities" carried by the newspaper yesterday. The Asian Development Bank (ADB) in its Outlook 2017 has said that in Pakistan, growth has improved, but the government of P

Published 28 Sep, 2017 12:00am

War and the prize: how some Nobel laureates turn away from peace

Myanmar's leader Aung San Suu Kyi is the latest in a long line of Nobel Peace Prize laureates to disappoint many of those who once applauded her, and probably won't be the last, a cautionary tale for the 2017 laureate who will be named next week. Suu Kyi

Published 28 Sep, 2017 12:00am

He's changed his mind!

Two days before ousted prime minister Nawaz Sharif decided to fly back to Pakistan to appear before an accountability court, he had refused to answer a journalist's repeated question if he planned to return home. It was more than obvious that either he di

Published 28 Sep, 2017 12:00am

Trapped by own lies

And do not mix the truth with falsehood or conceal the truth while you know [it]-Al-Quran (2:42)Heads of Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) entangled in legal battles levelling allegations against each other of

Updated 28 Sep, 2017 11:01am

The challenge of enforced disappearances

The meeting on September 25, 2017 of the Senate Functional Committee on Human Rights proved an occasion for the expression of exasperation and serious concerns about the continuing, and rising, incidence of enforced disappearances (EDs). First and foremos

Published 28 Sep, 2017 12:00am

The Weather

The weather report on Wednesday (September 27, 2017) and the forecast for Thursday (September 28, 2017).

Published 28 Sep, 2017 12:00am

Cotton

The wages of a flawed policy

End 2016 the Economic Coordination Committee of the Cabinet, at the time led by Federal Finance Minister Ishaq Dar, decided to allow export of sugar surplus subject to the domestic price of the commodity not rising as a consequence. Additionally, any diff

Published 28 Sep, 2017 12:00am

Exchange

LME official prices

The following were Tuesday official prices.

Published 28 Sep, 2017 12:00am

FBR approached against delay in e-transfer of refund

A leading Lahore-based manufacturer of synthetic yarn has approached the Federal Board of Revenue (FBR) against prolonged delay in electronic transfer of admissible sales tax refund to its bank account through the FBR''s new system of direct credit facili

Published 28 Sep, 2017 12:00am

Exchange

LME official prices

The following were Tuesday official prices.

Published 28 Sep, 2017 12:00am

FBR approached against delay in e-transfer of refund

A leading Lahore-based manufacturer of synthetic yarn has approached the Federal Board of Revenue (FBR) against prolonged delay in electronic transfer of admissible sales tax refund to its bank account through the FBR's new system of direct credit facilit

Published 28 Sep, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 27, 2017).

Published 28 Sep, 2017 12:00am

FBR approached against delay in e-transfer of refund

A leading Lahore-based manufacturer of synthetic yarn has approached the Federal Board of Revenue (FBR) against prolonged delay in electronic transfer of admissible sales tax refund to its bank account through the FBR's new system of direct credit facilit

Published 28 Sep, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 27, 2017)

Published 28 Sep, 2017 12:00am

5G wireless networks: Policy directives approved by Cabinet

Federal Cabinet has approved policy directives for test and development of technology for fifth generation (5G) wireless networks in Pakistan. Well-informed sources told Business Recorder that next Generation Mobile Services (3G/4G) are continuousl

Published 28 Sep, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (September 27, 2017).

Published 28 Sep, 2017 12:00am

5G wireless networks: Policy directives approved by Cabinet

Federal Cabinet has approved policy directives for test and development of technology for fifth generation (5G) wireless networks in Pakistan. Well-informed sources told Business Recorder that next Generation Mobile Services (3G/4G) are continuousl

Published 28 Sep, 2017 12:00am

Exchange

Currency	Rate
USD PKR Interbank Selling / Dec 19	278.36
USD PKR Interbank Buying / Dec 19	278.16
USD to Japanese Yen / Dec 19	155.92
USD to Swiss Franc / Dec 19	0.90
Pound Sterling to USD / Dec 19	1.26
Euro to USD / Dec 19	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
Nasdaq / Dec 18	19,392.69
Dow Jones / Dec 18	43,326.87
India Sensex / Dec 19	79,339.96
Tokyo Nikkei / Dec 19	38,813.58
Hang Seng / Dec 19	19,801.52
FTSE 100 / Dec 19	8,101.87
Germany DAX 30 / Dec 19	20,040.57

Item	Value
Petrol/Litre / Dec 19	252.10
Crude Oil USD/Barrel / Dec 19	70.19
Karachi Cotton PKR/37.32 KG / Dec 19	17,585
Gold 10 Grams PKR / Dec 19	234,311
Gold Spot USD/Ounce / Dec 19	2,613.73
Diesel/Litre / Dec 19	255.38

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Din Tex. / Dec 19 Din Textile Mills Limited(DINT)	53.70 ▲ 4.88 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Macter Int. Ltd / Dec 19 Macter International Limited(MACTER)	364.54 ▲ 33.14 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Wah-Noble / Dec 19 Wah Noble Chemicals Limited(WAHN)	249.98 ▲ 22.73 (10.00%)

Stock	Price
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	1.48 ▼ -0.23 (-13.45%)
Kohinoor Spining / Dec 19 Kohinoor Spinning Mills Limited(KOSM)	6.35 ▼ -0.92 (-12.65%)
Media Times Ltd / Dec 19 Media Times Limited(MDTL)	2 ▼ -0.25 (-11.11%)
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	5.83 ▼ -0.71 (-10.86%)
Dadabhoy Cement / Dec 19 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▼ -0.82 (-10.76%)
Dewan Cement / Dec 19 Dewan Cement Limited(DCL)	8.60 ▼ -0.98 (-10.23%)
Pak Int.Bulk / Dec 19 Pakistan International Bulk Terminal(PIBTL)	8.01 ▼ -0.90 (-10.10%)
United Brands / Dec 19 United Brands Limited(UBDL)	23.27 ▼ -2.59 (-10.02%)
Yousuf Weaving / Dec 19 Yousaf Weaving Mills Limited(YOUW)	3.86 ▼ -0.43 (-10.02%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	177,617,915 ▼ -0.23
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	81,845,922 ▼ -0.41
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	68,132,550 ▼ -0.71
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.96
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	57,891,574 ▼ -1.73
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -1.38
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 1.76
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▼ -0.86
Symmetry Group / Dec 19 Symmetry Group Limited(SYM)	34,696,696 ▲ 1.11

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