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Print - 2017-10-28
NBP after-tax profit up 9.6 percent YoY

NBP after-tax profit up 9.6 percent YoY

A meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held Friday at the Bank's head office here in which the BoD approved the financial statements of the Bank for nine months period ended September 30, 2017. Operating income of
Published 28 Oct, 2017 12:00am
NBP after-tax profit up 9.6 percent YoY

NBP after-tax profit up 9.6 percent YoY

A meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held Friday at the Bank's head office here in which the BoD approved the financial statements of the Bank for nine months period ended September 30, 2017. Operating income of
Published 28 Oct, 2017 12:00am
Journalist assaulted

Journalist assaulted

The city police on Friday registered first information report (FIR) against unknown persons for assaulting a journalist in the premises of Aabpara Police Station. According to details, some six unknown persons riding on three motorcycles intercepted journ
Published 28 Oct, 2017 12:00am
Journalist assaulted

Journalist assaulted

The city police on Friday registered first information report (FIR) against unknown persons for assaulting a journalist in the premises of Aabpara Police Station. According to details, some six unknown persons riding on three motorcycles intercepted journ
Published 28 Oct, 2017 12:00am
LHC rejects ICA

LHC rejects ICA

The Lahore High Court on Friday dismissed an intra-court appeal (ICA) for being not maintainable seeking direction for action against all persons named in the Panama Papers scam. Engineer Muhammad Ilyas of Awam Dost Party pleaded that over 300 individuals
Published 28 Oct, 2017 12:00am
LHC rejects ICA

LHC rejects ICA

The Lahore High Court on Friday dismissed an intra-court appeal (ICA) for being not maintainable seeking direction for action against all persons named in the Panama Papers scam. Engineer Muhammad Ilyas of Awam Dost Party pleaded that over 300 individuals
Published 28 Oct, 2017 12:00am
Hamas security chief hurt

Hamas security chief hurt

A car bombing Friday wounded the Hamas security head in the Gaza Strip, as the Islamist group and a rival Palestinian faction are trying to implement a thorny reconciliation deal. The explosion that wounded Tawfiq Abu Naim was immediately branded by the H
Published 28 Oct, 2017 12:00am
Hamas security chief hurt

Hamas security chief hurt

A car bombing Friday wounded the Hamas security head in the Gaza Strip, as the Islamist group and a rival Palestinian faction are trying to implement a thorny reconciliation deal. The explosion that wounded Tawfiq Abu Naim was immediately branded by the H
Published 28 Oct, 2017 12:00am
US-Pakistan connectivity through PIA suspended

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (
Published 28 Oct, 2017 12:00am
US-Pakistan connectivity through PIA suspended

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (
Published 28 Oct, 2017 12:00am
US-Pakistan connectivity through PIA suspended

US-Pakistan connectivity through PIA suspended

The 56-year old connectivity between Pakistan and United States through Pakistan International Airlines (PIA) has been suspended for an indefinite period. The last flight PK-711 to US flew from Lahore in the wee hours of Saturday (today) to the New York (
Published 28 Oct, 2017 12:00am
Trump blocks some JFK files under pressure
Currency

Trump blocks some JFK files under pressure

President Donald Trump on Thursday ordered the unveiling of 2,800 documents related to the 1963 assassination of President John F. Kennedy but yielded to pressure from the FBI and CIA to block the release of some information to be reviewed further. Congre
Published 28 Oct, 2017 12:00am
Trump blocks some JFK files under pressure
Currency

Trump blocks some JFK files under pressure

President Donald Trump on Thursday ordered the unveiling of 2,800 documents related to the 1963 assassination of President John F. Kennedy but yielded to pressure from the FBI and CIA to block the release of some information to be reviewed further. Congre
Published 28 Oct, 2017 12:00am
NA body concerned at economic situation
Exchange

NA body concerned at economic situation

A meeting of the National Assembly Standing Committee on Finance Friday appeared worried on the current economic situation of the country, saying the government policies do not seem to be moving in the right direction.
Published 28 Oct, 2017 12:00am
NA body concerned at economic situation
Exchange

NA body concerned at economic situation

A meeting of the National Assembly Standing Committee on Finance Friday appeared worried on the current economic situation of the country, saying the government policies do not seem to be moving in the right direction.
Published 28 Oct, 2017 12:00am
NA body concerned at economic situation
Exchange

NA body concerned at economic situation

A meeting of the National Assembly Standing Committee on Finance Friday appeared worried on the current economic situation of the country, saying the government policies do not seem to be moving in the right direction.
Published 28 Oct, 2017 12:00am
WB predicts rise in oil prices to $56 a barrel in 2018

WB predicts rise in oil prices to $56 a barrel in 2018

Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level
Published 28 Oct, 2017 12:00am
WB predicts rise in oil prices to $56 a barrel in 2018

WB predicts rise in oil prices to $56 a barrel in 2018

Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level
Published 28 Oct, 2017 12:00am
WB predicts rise in oil prices to $56 a barrel in 2018

WB predicts rise in oil prices to $56 a barrel in 2018

Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level
Published 28 Oct, 2017 12:00am
WB predicts rise in oil prices to $56 a barrel in 2018

WB predicts rise in oil prices to $56 a barrel in 2018

Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level
Published 28 Oct, 2017 12:00am
PM for optimal use of gas in power generation

PM for optimal use of gas in power generation

Prime Minister Shahid Khaqan Abbasi has directed for greater coordination among Central Power Purchasing Agency (CPPA), Private Power & Infrastructure Board (PPIB) and Pakistan LNG Terminals Limited (PLTL) to ensure availability and maximum utilization of
Published 28 Oct, 2017 12:00am
PM for optimal use of gas in power generation

PM for optimal use of gas in power generation

Prime Minister Shahid Khaqan Abbasi has directed for greater coordination among Central Power Purchasing Agency (CPPA), Private Power & Infrastructure Board (PPIB) and Pakistan LNG Terminals Limited (PLTL) to ensure availability and maximum utilization of
Published 28 Oct, 2017 12:00am
PM for optimal use of gas in power generation

PM for optimal use of gas in power generation

Prime Minister Shahid Khaqan Abbasi has directed for greater coordination among Central Power Purchasing Agency (CPPA), Private Power & Infrastructure Board (PPIB) and Pakistan LNG Terminals Limited (PLTL) to ensure availability and maximum utilization of
Published 28 Oct, 2017 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the last day of the trading week due to investor concern over political uncertainty. BRIndex100 lost 40.68 points or 0.92 percent to close at 4,404.55 points Friday. BRIndex100 touched intraday high
Published 28 Oct, 2017 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the last day of the trading week due to investor concern over political uncertainty. BRIndex100 lost 40.68 points or 0.92 percent to close at 4,404.55 points Friday. BRIndex100 touched intraday high
Published 28 Oct, 2017 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the last day of the trading week due to investor concern over political uncertainty. BRIndex100 lost 40.68 points or 0.92 percent to close at 4,404.55 points Friday. BRIndex100 touched intraday high
Published 28 Oct, 2017 12:00am
DFI-declared PMRC to operate in housing sector shortly

DFI-declared PMRC to operate in housing sector shortly

The federal cabinet has declared Pakistan Mortgage Refinance Company (PMRC) Limited as Development Financial Institution (DFI), which is ready to launch its operations in housing sector shortly, official sources told Business Recorder.
Published 28 Oct, 2017 12:00am
DFI-declared PMRC to operate in housing sector shortly

DFI-declared PMRC to operate in housing sector shortly

The federal cabinet has declared Pakistan Mortgage Refinance Company (PMRC) Limited as Development Financial Institution (DFI), which is ready to launch its operations in housing sector shortly, official sources told Business Recorder.
Published 28 Oct, 2017 12:00am
DFI-declared PMRC to operate in housing sector shortly

DFI-declared PMRC to operate in housing sector shortly

The federal cabinet has declared Pakistan Mortgage Refinance Company (PMRC) Limited as Development Financial Institution (DFI), which is ready to launch its operations in housing sector shortly, official sources told Business Recorder.
Published 28 Oct, 2017 12:00am
Punjab to issue ''''infrastructure development bond''''
Exchange

Punjab to issue ''''infrastructure development bond''''

Punjab Finance Minister Dr Ayesha Ghaus Pasha said that the Punjab government is going to issue "infrastructure development bond" in a bid to generate resources for infrastructure development in the province. She said this while speaking at Pakistan IPO S
Published 28 Oct, 2017 12:00am
Punjab to issue ''infrastructure development bond''
Exchange

Punjab to issue ''infrastructure development bond''

Punjab Finance Minister Dr Ayesha Ghaus Pasha said that the Punjab government is going to issue "infrastructure development bond" in a bid to generate resources for infrastructure development in the province. She said this while speaking at Pakistan IPO S
Published 28 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am
Punjab to issue 'infrastructure development bond'
Exchange

Punjab to issue 'infrastructure development bond'

Punjab Finance Minister Dr Ayesha Ghaus Pasha said that the Punjab government is going to issue "infrastructure development bond" in a bid to generate resources for infrastructure development in the province. She said this while speaking at Pakistan IPO S
Published 28 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am
Punjab to issue 'infrastructure development bond'
Exchange

Punjab to issue 'infrastructure development bond'

Punjab Finance Minister Dr Ayesha Ghaus Pasha said that the Punjab government is going to issue "infrastructure development bond" in a bid to generate resources for infrastructure development in the province. She said this while speaking at Pakistan IPO S
Published 28 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am
GSP Plus termed success story

GSP Plus termed success story

Convener of Treaty Implementation Cell (TIC), Ashtar Ali Ausaf claimed Friday that the GSP Plus scheme has proven an economic success story for Pakistan with exports to the EU having increased by 38 percent since 2014. Talking to Business Recorder
Published 28 Oct, 2017 12:00am
GSP Plus termed success story

GSP Plus termed success story

Convener of Treaty Implementation Cell (TIC), Ashtar Ali Ausaf claimed Friday that the GSP Plus scheme has proven an economic success story for Pakistan with exports to the EU having increased by 38 percent since 2014. Talking to Business Recorder
Published 28 Oct, 2017 12:00am
GSP Plus termed success story

GSP Plus termed success story

Convener of Treaty Implementation Cell (TIC), Ashtar Ali Ausaf claimed Friday that the GSP Plus scheme has proven an economic success story for Pakistan with exports to the EU having increased by 38 percent since 2014. Talking to Business Recorder
Published 28 Oct, 2017 12:00am
Indian drone spying across LoC shot down

Indian drone spying across LoC shot down

An Indian quad copter spying across the Line of Control (LoC) was shot down by Pakistan Army on Friday, said the Inter-Services Public Relations (ISPR). The drone was shot down in the Rakhchikri sector of the LoC and the wreckage has been recovered by the
Published 28 Oct, 2017 12:00am
Indian drone spying across LoC shot down

Indian drone spying across LoC shot down

An Indian quad copter spying across the Line of Control (LoC) was shot down by Pakistan Army on Friday, said the Inter-Services Public Relations (ISPR). The drone was shot down in the Rakhchikri sector of the LoC and the wreckage has been recovered by the
Published 28 Oct, 2017 12:00am
Indian atrocities denounced by Senate

Indian atrocities denounced by Senate

Expressing concern over the US-India nexus in the South Asia, Chairman Senate Raza Rabbani on Friday categorically stated that Pakistan has neither accepted nor it will allow India to become a 'policeman' of the region come what may. This statement from t
Published 28 Oct, 2017 12:00am
Indian atrocities denounced by Senate

Indian atrocities denounced by Senate

Expressing concern over the US-India nexus in the South Asia, Chairman Senate Raza Rabbani on Friday categorically stated that Pakistan has neither accepted nor it will allow India to become a 'policeman' of the region come what may. This statement from t
Published 28 Oct, 2017 12:00am
Armed drones: FO expresses reservations over US-India deal

Armed drones: FO expresses reservations over US-India deal

The Foreign Office Friday voiced Pakistan's reservations over the Indo-US deal to transfer armed drones to India and warned that it can encourage military misadventures, especially in the backdrop of irresponsible discourse about limited military operatio
Published 28 Oct, 2017 12:00am
Armed drones: FO expresses reservations over US-India deal

Armed drones: FO expresses reservations over US-India deal

The Foreign Office Friday voiced Pakistan's reservations over the Indo-US deal to transfer armed drones to India and warned that it can encourage military misadventures, especially in the backdrop of irresponsible discourse about limited military operatio
Published 28 Oct, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 27, 2017).

Published 28 Oct, 2017 12:00am
Mangnejo appointed PSM CEO

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S
Published 28 Oct, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 27, 2017).
Published 28 Oct, 2017 12:00am
Mangnejo appointed PSM CEO

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S
Published 28 Oct, 2017 12:00am
Mangnejo appointed PSM CEO

Mangnejo appointed PSM CEO

The federal government has appointed Shakeel Ahmed Mangnejo, a BS-20 officer of Pakistan Administration Service, as Chief Executive Officer (CEO) of Pakistan Steel Mills with immediate effect. Mangnejo has been given an additional charge of CEO Pakistan S
Published 28 Oct, 2017 12:00am