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Nov 30, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-11-30
Yuan inches up
Currency

Yuan inches up

China's yuan inched up against the US dollar on Wednesday after dollar selling by companies emerged to support the Chinese currency, and in spite of a weaker midpoint fixing. Market sentiment was not affected by a North Korean test launch of an interconti
Published 30 Nov, 2017 12:00am
Dollar stabilises against yen in Asian trade
Currency

Dollar stabilises against yen in Asian trade

The dollar steadied against the yen on Wednesday, supported by strong US economic data while North Korea's latest missile launch had little immediate impact on currency markets though investors are focused on how the US responds to the test. The greenback
Published 30 Nov, 2017 12:00am
Dollar steadies in Europe
Currency

Dollar steadies in Europe

The dollar steadied on Wednesday, recovering from an earlier dip as traders eyed US GDP data due later in the day that is expected to show the world's biggest economy grew at a healthy clip of 3.2 percent annually in the third quarter. Bitcoin was once ag
Published 30 Nov, 2017 12:00am
Dollar rises against basket of currencies in New York
Currency

Dollar rises against basket of currencies in New York

The dollar rose against a basket of currencies on Tuesday, rebounding from a two-month low hit the previous day, helped by strong US data and as Federal Reserve chair nominee Jerome Powell signalled that the central bank is likely to raise interest rates
Published 30 Nov, 2017 12:00am
Sri Lankan rupee lower
Currency

Sri Lankan rupee lower

The Sri Lankan rupee closed slightly weaker on Wednesday led by dollar demand from importers, but inflows of the US currency through inward remittances capped the fall, dealers said. The spot rupee closed at 153.77/85 per dollar, compared with Tuesday's c
Published 30 Nov, 2017 12:00am
Asian forex: Won at 2-1/2 years high
Currency

Asian forex: Won at 2-1/2 years high

Most Asian currencies moved sideways on Wednesday, as the market focused on progress in President Donald Trump's tax cut plan while the South Korean won touched multi-year highs, unfazed by yet another show of aggression from the North. US Senate Republic
Published 30 Nov, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 82.30-82.30 (Previous 82.00-82.20).
Published 30 Nov, 2017 12:00am
Sterling hits two-month highs on Brexit breakthrough bets
Currency

Sterling hits two-month highs on Brexit breakthrough bets

Sterling rose to a two-month high after European Union diplomats said that Britain has moved "close" to EU demands over Brexit, although concerns that differences remain on key conditions capped the currency's gains on Wednesday. A British government offi
Published 30 Nov, 2017 12:00am
Kiwi, Aussie down
Currency

Kiwi, Aussie down

The New Zealand dollar came off a 2-1/2 week top on Wednesday after the country's central bank sounded surprisingly relaxed about the housing market as it loosened lending restrictions, while the Australian dollar was stuck near five-month lows. The kiwi
Published 30 Nov, 2017 12:00am
Cotton gains on technical buying, slow harvest progress
Cotton

Cotton gains on technical buying, slow harvest progress

ICE cotton rose 1 percent on Tuesday supported by technical buying and slower than expected harvest progress in the United States. Cotton contracts for March settled up 0.72 cent, or 1.01 percent, at 72.14 cents per lb. It traded within a range of 71.02,
Published 30 Nov, 2017 12:00am
Shanghai copper eases
Exchange

Shanghai copper eases

Shanghai Futures Exchange copper eased 0.9 percent to 53,150 yuan ($8,054) a tonne on Wednesday buoyed by signs of progress on US tax cuts, but analysts said any reprieve may prove short-lived given weaker oil prices. Shanghai aluminium prices fell 1.7 pe
Published 30 Nov, 2017 12:00am
Copper prices down on worries over China, falling oil price
Exchange

Copper prices down on worries over China, falling oil price

Copper prices dropped for a third day and most other industrial metals also fell as concerns over demand from top consumer China and declining oil prices pushed investors to sell. "There is higher risk aversion among market participants, with the oil pric
Published 30 Nov, 2017 12:00am
Oil drops for third day, awaiting Opec decision

Oil drops for third day, awaiting Opec decision

Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of Opec's meeting in Vienna, as members debate the path for an extension of the group's supply-cut agreement. Brent crude futures settle
Published 30 Nov, 2017 12:00am
Malaysian palm oil down
Vegetable Oil

Malaysian palm oil down

Malaysian palm oil futures fell to a four-month low on Wednesday evening, a third consecutive session of losses as the ringgit strengthened against the dollar, making the tropical oil more expensive for holders of foreign currencies. The market also track
Published 30 Nov, 2017 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures ended at a two-week high on Wednesday, buoyed by bullish gains in Shanghai market. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, have recovered from near a five-month
Published 30 Nov, 2017 12:00am
London cocoa falls

London cocoa falls

London cocoa futures fell to a two-month low on Wednesday weighed on by favourable crop conditions in Ivory Coast and the strength of sterling against the dollar. March London cocoa fell 17 pounds or 1.1 percent, to 1,509 pounds a tonne by 1208 GMT after
Published 30 Nov, 2017 12:00am
Palladium jumps in New York

Palladium jumps in New York

Palladium jumped 2 percent on Tuesday to its highest price since February 2001, as traders expecting higher demand from the automotive industry piled into the metal on the first day of its new futures contract, while gold slipped slightly as the US dollar
Published 30 Nov, 2017 12:00am
Gold up in Asia

Gold up in Asia

Gold prices crept higher on Wednesday amid a weaker dollar, while North Korea's latest missile test had little impact on the safe-haven metal. "Gold prices haven't seen any surge and the knee-jerk reaction to the initial news was very limited," said Naeem
Published 30 Nov, 2017 12:00am
Gold slips in Europe
Currency

Gold slips in Europe

The price of gold fell on Wednesday, as upbeat US growth data prompted a recovery in the dollar and a bounce in US Treasury yields, though it remained stuck within the narrowest monthly range since 2005. The US data, along with signs of progress with US t
Published 30 Nov, 2017 12:00am
FranceAgriMer cuts wheat export forecast

FranceAgriMer cuts wheat export forecast

FranceAgriMer on Thursday lowered its forecast of French soft wheat shipments outside the EU in 2017/8 as the farm office factored in a sluggish export pace so far this season. France, the European Union's biggest cereal producer, has been facing strong c
Published 30 Nov, 2017 12:00am
SocGen forecasts global sugar surplus at 5.5 million tonnes

SocGen forecasts global sugar surplus at 5.5 million tonnes

The global sugar market will see a surplus of 5.5 million tonnes in 2018/19 due to higher production in India, Thailand, China and the European Union, Societe Generale said on Wednesday. Global sugar demand was forecast to rise 1.5 percent next year, in l
Published 30 Nov, 2017 12:00am
US MIDDAY: gold, palladium dip
Currency

US MIDDAY: gold, palladium dip

The price of gold fell on Wednesday, as global stocks hovered near record highs making the safe-haven asset less attractive, and upbeat US growth data prompted an earlier rise in the US dollar and US Treasury yields. The US data, along with signs of progr
Published 30 Nov, 2017 12:00am
Ex-US gymnastics doctor pleads guilty to more sex abuse charges
Exchange

Ex-US gymnastics doctor pleads guilty to more sex abuse charges

Former USA Gymnastics team doctor Lawrence "Larry" Nassar pleaded guilty Wednesday to the final set of criminal charges brought against him for allegedly abusing female athletes for decades. Nassar pleaded guilty to three counts of first-degree criminal s
Published 30 Nov, 2017 12:00am
Three more Russian bobsleighers banned: IOC

Three more Russian bobsleighers banned: IOC

Three more Russian bobsleighers were named and shamed for doping at the 2014 Sochi Winter Olympics by the International Olympic Committee on Wednesday. Alexander Kasy'anov, fourth in the two-man bobsleigh, Aleksei Pushkarev and Ilvir Khuzin, both fourth i
Published 30 Nov, 2017 12:00am
Syrian Khrbin wins AFC Player of the Year award

Syrian Khrbin wins AFC Player of the Year award

Syrian striker Omar Khrbin was awarded the Asian Football Confederation's 2017 Player of the Year Wednesday, after starring both for his club and for his war-ravaged country whose attempt to make the World Cup captured the hearts of the sporting world. Kh
Published 30 Nov, 2017 12:00am
Russia says athletes will not return 2014 medals

Russia says athletes will not return 2014 medals

Russian athletes stripped of their titles from the 2014 Sochi Winter Olympics over doping will not return their medals until an appeal has been heard, the country's sports ministry said Wednesday. The International Olympic Committee on Monday sanctioned f
Published 30 Nov, 2017 12:00am
India cricket board fined $8 million by anti-trust panel

India cricket board fined $8 million by anti-trust panel

India's competition watchdog on Wednesday fined the country's powerful cricket governing body $8 million over a multi-billion dollar broadcasting deal for the Indian Premier League. The Competition Commission ruled that the Board of Control for Cricket in
Published 30 Nov, 2017 12:00am
Alfa Romeo make F1 return after 30 years

Alfa Romeo make F1 return after 30 years

Alfa Romeo are returning to Formula One after a 30 year absence as backers of Sauber next year, the iconic Italian marque announced on Wednesday. The Ferrari-powered team will be known as Alfa Romeo Sauber. Ferrari chairman Sergio Marchionne, CEO of the M
Published 30 Nov, 2017 12:00am
Thai coach dons headscarf to sneak into Iran women's kabaddi games

Thai coach dons headscarf to sneak into Iran women's kabaddi games

The Iranian Federation of Kabaddi - a popular Asian sport - slammed a Thai coach on Wednesday after he reportedly dressed as a women to sneak in to watch female matches. Pictures of the unnamed man circulated on social media, showing him wearing makeshift
Published 30 Nov, 2017 12:00am
Sri Lanka makes Perera one-day captain

Sri Lanka makes Perera one-day captain

Sri Lanka on Wednesday ousted Upul Tharanga as one-day captain and brought in Thisara Perera to lead the team for an upcoming ODI and T20 series in India. The move comes after a series of defeats while Tharanga and senior Sri Lankan players refused to pla
Published 30 Nov, 2017 12:00am
West Indies target Williamson, Taylor to end 22-year New Zealand drought

West Indies target Williamson, Taylor to end 22-year New Zealand drought

The West Indies harbour hopes of their first away win over New Zealand in 22 years as the loss of Tim Southee and BJ Watling put pressure on the Blacks Caps ahead of Friday's first Test in Wellington. Without strike bowler Southee, and a lack of experienc
Published 30 Nov, 2017 12:00am
SWA Scouts opens cricket academy

SWA Scouts opens cricket academy

The South Waziristan Scouts on Wednesday opened a cricket academy at Wana Sports Complex to train youth and explore their cricket ability and promote sports activities. Commandant SWA Scouts Colonel Ijaz inaugurated the academy at a ribbon-cutting ceremon
Published 30 Nov, 2017 12:00am
Ashes exile Stokes in New Zealand 'working on golf swing'

Ashes exile Stokes in New Zealand 'working on golf swing'

Suspended England allrounder Ben Stokes landed in New Zealand Wednesday, joking about "working on my golf swing" amid speculation he is set for a dramatic Ashes call-up. The fiery allrounder was tight-lipped after touching down in Christchurch, where he h
Published 30 Nov, 2017 12:00am
Shoe Planet Polo: two more matches decided

Shoe Planet Polo: two more matches decided

Black Horse Paints/Artema Medical and Newage Wednesday registered victories in the Shoe Planet Polo Cup 2017 being played here at the Lahore Polo Club (LPC) ground. The first match of the day played among Black Horse Paints/Artema Medical, Dawood Group an
Published 30 Nov, 2017 12:00am
Police pass Ben Stokes file to prosecutors

Police pass Ben Stokes file to prosecutors

British detectives investigating an incident outside a nightclub involving cricketer Ben Stokes have passed a file to the Crown Prosecution Service for a decision on charging.
Published 30 Nov, 2017 12:00am
Aussie 'adults' don't need curfew: Lehmann

Aussie 'adults' don't need curfew: Lehmann

Australian coach Darren Lehmann says he can't envisage ever slapping a curfew on his players, who were "grown men", after England opted to ban their team being out after midnight. The England decision followed Jonny Bairstow's headbutt on Australian opene
Published 30 Nov, 2017 12:00am
EU-Africa summit host demands swift steps on migrant slavery

EU-Africa summit host demands swift steps on migrant slavery

Ivory Coast President Alassane Ouattara opened a Europe-Africa summit on Wednesday calling for "all urgent measures" to end migrant abuses, including slave trading in Libya. The slavery revelations are casting a shadow over the Abidjan summit, which both
Published 30 Nov, 2017 12:00am
Star newsman Matt Lauer sacked over sexual misconduct claims

Star newsman Matt Lauer sacked over sexual misconduct claims

US broadcast giant NBC announced Wednesday it has sacked its star morning news anchor Matt Lauer, making him the latest American media and entertainment titan to fall over allegations of sexual misconduct. Lauer's co-host Savannah Guthrie announced his te
Published 30 Nov, 2017 12:00am
Pope 'moral authority' undiminished after Myanmar visit: Vatican

Pope 'moral authority' undiminished after Myanmar visit: Vatican

The "moral authority" of Pope Francis is undiminished despite his failure to address the Rohingya crisis head-on during a visit to Myanmar, the Vatican said late Wednesday, defending a papal trip framed by the plight of the Muslim minority. The UN and US
Published 30 Nov, 2017 12:00am
Pope appeals to Buddhist clergy to overcome 'prejudice and hatred'

Pope appeals to Buddhist clergy to overcome 'prejudice and hatred'

Pope Francis called on Myanmar's top Buddhist monks to conquer "prejudice and hatred" in a country ravaged by communal divisions, after holding the nation's first-ever papal mass attended by 150,000 Catholics on Wednesday. The pontiff's four-day visit has
Published 30 Nov, 2017 12:00am
Trump promises 'major sanctions' against North Korea

Trump promises 'major sanctions' against North Korea

US President Donald Trump vowed to impose additional "major sanctions" against North Korea on Wednesday in response to its latest groundbreaking missile test. "Just spoke to President XI JINPING of China concerning the provocative actions of North Korea,"
Published 30 Nov, 2017 12:00am
North Korea claims nuclear statehood with US in missile range
Exchange

North Korea claims nuclear statehood with US in missile range

North Korean leader Kim Jong-Un said Wednesday his country had achieved full nuclear statehood after what he said was the successful test of a new missile capable of striking anywhere in the United States. The intercontinental ballistic missile (ICBM) lau
Published 30 Nov, 2017 12:00am
Czech government resigns to give way to mogul

Czech government resigns to give way to mogul

The centre-left Czech cabinet in office since 2014 stepped down Wednesday, giving way to a new government led by a billionaire mogul who won last month's general election. "The cabinet has resigned in line with the Constitution," said Prime Minister Bohus
Published 30 Nov, 2017 12:00am
Britain's May on surprise visit to Baghdad

Britain's May on surprise visit to Baghdad

British Prime Minister Theresa May paid a surprise visit on Wednesday to Baghdad where she met her Iraqi counterpart Haider al-Abadi and praised the country's efforts to battle the Islamic State group. May's visit came after Iraqi forces backed by an inte
Published 30 Nov, 2017 12:00am
Turkey gives 28 soldiers' life terms

Turkey gives 28 soldiers' life terms

A Turkish court on Wednesday handed down life sentences to 28 soldiers for trying to take control of Istanbul's second airport during last year's failed coup, local media reported. Eight were sentenced in Istanbul to aggravated life imprisonment, which ca
Published 30 Nov, 2017 12:00am
Fauji Cement Company Limited (FCCL)
Mutual Funds

Fauji Cement Company Limited (FCCL)

Fauji Cement (PSX: FCCL) is one of the more prominent cement manufacturers in the industry with its two cement lines located in Jhang Bahtar, Punjab. The company which was incorporated in 1992 has a capacity of 3.27 million annually, after undergoing expa
Published 30 Nov, 2017 12:00am
Fauji Cement Company Limited (FCCL)
Mutual Funds

Fauji Cement Company Limited (FCCL)

Fauji Cement (PSX: FCCL) is one of the more prominent cement manufacturers in the industry with its two cement lines located in Jhang Bahtar, Punjab. The company which was incorporated in 1992 has a capacity of 3.27 million annually, after undergoing expa
Published 30 Nov, 2017 12:00am
Swiss envoy visits Swiss Business Council

Swiss envoy visits Swiss Business Council

The Ambassador of Switzerland to Pakistan& Patron-in-Chief of SBC - Mr. Thomas Kolly along with the Consul General of Switzerland in Karachi & Patron of SBC - Mr. Philippe Crevoisier visited the Swiss Business Council on Nov. 29, 2017. The official delega
Published 30 Nov, 2017 12:00am
PM leaves for Russia today

PM leaves for Russia today

Prime Minister Shahid Khaqan Abbasi will leave for Russia Thursday (today) to participate in the 16th meeting of the Council of the Heads of Government (CHG) of the Shanghai Cooperation Organization (SCO) being held at Sochi, Russia, from Nov 30-Dec 01, 2
Published 30 Nov, 2017 12:00am
Auto policy to be reviewed

Auto policy to be reviewed

The Auto Industry Development Committee (AIDC) in its 26th meeting held on Wednesday approved initiating a review of the Auto Development Policy 2016-21 amid growing apprehensions that it favours one specific party, well-informed sources told Business
Published 30 Nov, 2017 12:00am
Ogra recommends Rs 1.48 a litre raise in petrol price

Ogra recommends Rs 1.48 a litre raise in petrol price

In view of the fluctuation in global oil prices, Oil and Gas Regulatory Authority (Ogra) on Wednesday recommended an increase of Rs 1.48 per liter in price of petrol (MS 92 RON) for the month of December. The regulator has recommended an increase in the p
Published 30 Nov, 2017 12:00am
FBR extends office timings for today

FBR extends office timings for today

The Federal Board of Revenue (FBR) has extended office timings for Thursday (today) to facilitate the submission of returns and payment of duties and taxes. In this regard, the FBR has issued instructions to the field formations here on Wednesday. Accordi
Published 30 Nov, 2017 12:00am
Election Bill challenged in IHC

Election Bill challenged in IHC

Four political parties terming the Election Bill 2017, which was yet to pass in Upper House, contradictory to constitution, have challenged it in Islamabad High Court (IHC) on Wednesday. Four registered political parties including Pakistan Muslim League-S
Published 30 Nov, 2017 12:00am
'Off airing' of TV channels: NA body seeks details about Pemra's order

'Off airing' of TV channels: NA body seeks details about Pemra's order

National Assembly Standing Committee on Information, Broadcasting, National History and Literary Heritage inquired about the details regarding 'off airing' of transmission of news channels by Pemra during operation against sit-in protestors here at Faizab
Published 30 Nov, 2017 12:00am
NA panel to invite minister, secretary to attend meeting

NA panel to invite minister, secretary to attend meeting

The National Assembly Standing Committee on Rules of Procedure and Privileges has unanimously decided to invite minister and secretary for information to attend the committee's meeting to discuss a question of privilege related to the ministry. The meetin
Published 30 Nov, 2017 12:00am
London Mayor due in December

London Mayor due in December

London Mayor Sadiq Khan is to undertake a visit to Pakistan during the first week of December, 2017, well informed sources told Business Recorder. On November 28, Khan unveiled the bust of Pakistan's Founding Father Quaid-e-Azam Muhammad Ali Jinnah
Published 30 Nov, 2017 12:00am
SECP notifies three Shariah standards of AAOIFI

SECP notifies three Shariah standards of AAOIFI

The SECP has notified for public consultation three Shariah standards of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI); Shariah Standard No 17 - Investment Sukuk, Shariah Standard No 18 - Possession (Qabd) and Shariah St
Published 30 Nov, 2017 12:00am
Workshop on 'Basic tools in Bioinformatics' held at GCU-IIB

Workshop on 'Basic tools in Bioinformatics' held at GCU-IIB

The GC University Lahore Institute of Industrial Biotechnology (GCU-IIB) Wednesday arranged a workshop on 'Basic tools in Bioinformatics.' Vice Chancellor Professor Dr Hassan Amir Shah chaired the inaugural ceremony of the one day workshop which was also
Published 30 Nov, 2017 12:00am
Sale of e-stamp papers crosses Rs 50 billion: Dr Saif

Sale of e-stamp papers crosses Rs 50 billion: Dr Saif

After repealing 118 years redundant 1899 act, the challenge accepted two years back by the Punjab Information Technology Board (PITB) to launch electronic stamp papers e-stamping, the sale of judicial and non-judicial stamp papers have crossed the proceed
Published 30 Nov, 2017 12:00am
Over 200,000 students being trained annually, claims Tevta chief

Over 200,000 students being trained annually, claims Tevta chief

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that TEVTA has become largest organization in South Asia providing technical education to more than 200,000 students annually. While addressing the represe
Published 30 Nov, 2017 12:00am
LCCI urges government to take steps for revival of PSM
Exchange

LCCI urges government to take steps for revival of PSM

Lahore Chamber of Commerce & Industry (LCCI) while lamenting over miserable state-of-affairs of Pakistan Steel Mills (PSM), has urged the government to take immediate measures for its early revival. LCCI President Malik Tahir Javed in a statement on Wedne
Published 30 Nov, 2017 12:00am
90 TLYRA workers released

90 TLYRA workers released

Ninety religious party workers have been released from Central Jail Faisalabad, who were arrested under MPO to maintain law and order situation during Tehreek Labbaik Ya Rasool Allah (TLYRA) Movement. According to police, all detention orders have been wi
Published 30 Nov, 2017 12:00am
PFA seals confectioneries, spice-grinding mill

PFA seals confectioneries, spice-grinding mill

Punjab Food Authority (PFA) has sealed two confectioneries and chilli-grinding mill (Chakki) over multiple issues of food hygiene during a crackdown against food adulterators in Faisalabad division and its adjourning cities held here on Wednesday. As many
Published 30 Nov, 2017 12:00am
Sugar mills told to start crushing season immediately

Sugar mills told to start crushing season immediately

As the Economic Coordination Committee has accepted the sugar mills' major demand and allowed export of 1.5MMT sugar in view of the availability of surplus sugar, the Punjab government has directed the sugar mills to immediately start 2017-18 crushing sea
Published 30 Nov, 2017 12:00am
Punjab government chalked out plan to celebrate Eid Milad-un-Nabi

Punjab government chalked out plan to celebrate Eid Milad-un-Nabi

The Punjab government has decided to officially celebrate Eid Milad-un-Nabi (PBUH) in a befitting manner. A high level meeting was held here Wednesday with Punjab Chief Minister Muhammad Shahbaz Sharif in the chair. The meeting held a detailed review of s
Published 30 Nov, 2017 12:00am
Country can't afford any confrontation: Shahbaz

Country can't afford any confrontation: Shahbaz

Punjab Chief Minister Shehbaz Sharif on Wednesday said that Pakistan cannot afford any confrontation because it is detrimental for the country and an obstacle in the way of development. "Disunity and chaos damage the national unity and as a result, the co
Published 30 Nov, 2017 12:00am
FBR directed to ensure early disposal of pending appeals

FBR directed to ensure early disposal of pending appeals

The Lahore High Court on Wednesday directed Chairman Federal Board of Revenue (FBR) to ensure early disposal of appeals against recovery of income and sales tax notices. The court was hearing a set of petitions of different industries challenging notices
Published 30 Nov, 2017 12:00am
'World AIDS Day' tomorrow

'World AIDS Day' tomorrow

While the World AIDS Day is being marked on December 1, the Punjab government looks to control the spread of HIV/AIDS.
Published 30 Nov, 2017 12:00am
Big Friday: Daraz breaks all records with Rs 3 billion sale

Big Friday: Daraz breaks all records with Rs 3 billion sale

In what is a first for e-commerce, Daraz scored Pakistan's first 3 billion rupee sale in revenue, securing 4 times more orders compared to last year's sale, powered by 3 times more traffic on the ecommerce portal. What makes Big Friday, big? While this mi
Published 30 Nov, 2017 12:00am
'SBP financing five sectors for speedy growth'

'SBP financing five sectors for speedy growth'

State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum mark up-rate to five important segments for the speedy, balanced and systematic industrial, economic and commercial growth in the country, said Waqas Kashif Bajwa Chief Mana
Published 30 Nov, 2017 12:00am
UBL commits to water sustainability

UBL commits to water sustainability

UBL recently collaborated with Hisaar Foundation, an NGO that works for water, food and livelihood security for 'The Future of Water' Conference. The two-day event focused on water conservation and the future of this scarce commodity in a politically chal
Published 30 Nov, 2017 12:00am
FocusPK holds production, entertainment conference

FocusPK holds production, entertainment conference

On the second and final day of FocusPK, the production and entertainment conference turned into a film market where eight selected films were screened one at a time in front of potential investors. This took place on the 26th of November at the all new ED
Published 30 Nov, 2017 12:00am
Zardari felicitates workers on PPP's golden jubilee

Zardari felicitates workers on PPP's golden jubilee

November 30 this year marks the fifty years- the Golden Jubilee- of the founding of the Pakistan People's Party. On this auspicious occasion I wish to felicitate all the party workers throughout the country and overseas and indeed all democracy loving peo
Published 30 Nov, 2017 12:00am
Regional situation: Aizaz briefs US Senator on Pakistan's perspective

Regional situation: Aizaz briefs US Senator on Pakistan's perspective

Continuing his outreach to the US Congress, Pakistan's Ambassador to the United States, Aizaz Ahmad Chaudhry, met US Senator Cory Booker, a member of the Senate Foreign Relations Committee. The Ambassador briefed Senator Booker on Pakistan's perspective o
Published 30 Nov, 2017 12:00am
IFMP signs MoU with CFA Institute, CFAP
Exchange

IFMP signs MoU with CFA Institute, CFAP

The Institute of Financial Markets of Pakistan (IFMP), the leading finance industry organization for licensing certification in Pakistan, has signed a Memorandum of Understanding (MoU) with CFA Institute, the global association of investment professionals
Published 30 Nov, 2017 12:00am
PNEC's 29th convocation held at Bahria auditorium
Exchange

PNEC's 29th convocation held at Bahria auditorium

To commemorate the academic accomplishments of students, 29th convocation of the Pakistan Navy Engineering College (PNEC), a constituent college of National University of Sciences and Technology (NUST) was held on 29 November 2017 at Bahria auditorium Kar
Published 30 Nov, 2017 12:00am
MCB Bank organizes seminar

MCB Bank organizes seminar

MCB Bank, one of the largest and most innovative banks in Pakistan, held a seminar titled "External Sector of Pakistan: The Road Ahead" for its select clients and key industry stakeholders. The seminar was organized by MCB Bank to inform its customers of
Published 30 Nov, 2017 12:00am
Short-term steps must for dealing with economic challenges: PBC chief

Short-term steps must for dealing with economic challenges: PBC chief

Short-term measure are necessary for dealing with the immediate challenges to the economy, and the only way to sustain macro-economic stability is through fundamental reforms, which require political will, the CEO of Pakistan Business Council, Ehsan A. Ma
Published 30 Nov, 2017 12:00am
Gazain Marri released on bail

Gazain Marri released on bail

Nawabzada Gazain Marri, the son of late Baloch politician Nawab Khair Bakhsh Marri, was released from district jail Quetta on Wednesday after an anti-terrorism court granted him bail in a case pertaining to his suspected ties with banned militant organiza
Published 30 Nov, 2017 12:00am
PAS elects new executive council, office bearers

PAS elects new executive council, office bearers

Pakistan Advertisers Society (PAS) held its 20th Annual General Body Meeting on Friday, November 24, 2017 in Karachi. The AGM was attended by all the major advertisers of Pakistan. Some of the important industry issues were discussed and the agenda for 20
Published 30 Nov, 2017 12:00am
City Council session takes up protest controversy

City Council session takes up protest controversy

The City Council on Wednesday denounced a controversial amendment to provisions regarding "Khatm-e-Naboowat" in Election Bill 2017 which the National Assembly first adopted and then reversed. The resolution, tabled by the leader of the Jamaat-e-Islami in
Published 30 Nov, 2017 12:00am
PPAF's drive against gender-based violence launched

PPAF's drive against gender-based violence launched

To mark the 16 Days of Activism Campaign this year, Pakistan Poverty Alleviation Fund (PPAF) will educate employees and partner organizations via multiple awareness sessions on need of political, social and economic empowerment of women. Pakistan Poverty
Published 30 Nov, 2017 12:00am
PPP's golden jubilee celebration today

PPP's golden jubilee celebration today

Pakistan Peoples' Party (PPP) has become 50 years old and celebrating Golden Jubilee on Wednesday across the country. Though the foundation day anniversary of PPP is due today, but due to the falling of Eid Milad on Friday (December 01), the party is hold
Published 30 Nov, 2017 12:00am
Experts for harnessing renewable energy resources

Experts for harnessing renewable energy resources

There is a need to implement the 18th Constitutional Amendment for harnessing renewable energy resources to meet growing energy needs in Pakistan without aggravating climate change concerns, experts suggested. They were speaking at the "National Renewable
Published 30 Nov, 2017 12:00am
PAC discusses KP House's audit matters

PAC discusses KP House's audit matters

A meeting of the sub-Committee of KP Assembly Public Account Committee (PAC) was held, with MPA Mahmud Jan Khan in the chair, in Pakhtunkhwa House Islamabad on Wednesday. Members of the sub-committee MPAs Qurban Ali Khan and Syed Muhammad Ali Shah, repres
Published 30 Nov, 2017 12:00am
ADB okays $140 million for KP road network

ADB okays $140 million for KP road network

Asian Development Bank's (ADB) Board of Directors have approved $140 million in loans to help improve provincial road networks and enhance road safety and road maintenance management in Khyber Pakhtunkhwa, in northwest Pakistan. "Roads play a crucial role
Published 30 Nov, 2017 12:00am
Pakistan concerned at North Korea's missile launch

Pakistan concerned at North Korea's missile launch

Pakistan expressed deep concern on Wednesday over the reported launch of a ballistic missile by the North Korea on Nov 29, 2017. "Such launches constitute violation of the UN Security Council resolutions. These steps also undermine the goals of peace and
Published 30 Nov, 2017 12:00am
NA body wants action against ex-CEO, others for causing losses to PIA

NA body wants action against ex-CEO, others for causing losses to PIA

The National Assembly Standing Committee on Cabinet Secretariat expressed its strong displeasure over concerned authority for being unable to initiate any action against former PIA CEO Hildenbrand, a German national, as well as Air Commodore Imran Akhtar
Published 30 Nov, 2017 12:00am
PISCT donates relief goods to Iran

PISCT donates relief goods to Iran

Pakistan International School & College, Tehran (PISCT) has donated relief aid for the affectees of the deadly earthquake that recently struck the Karmanshah province, a press release issued by Pakistan Embassy said on Wednesday. The relief assistance was
Published 30 Nov, 2017 12:00am
Bosan chairs PARC board meeting, approves budget

Bosan chairs PARC board meeting, approves budget

The Federal Minister for National Food Security and Research and President of PARC Board of Governors Sikandar Hayat Khan Bosan presided over the 41st meeting of PARC BoG on Wednesday at PARC Headquarters, Islamabad. Federal Minister also welcomed the new
Published 30 Nov, 2017 12:00am
President urges PAEC to gear up efforts to meet regional challenges

President urges PAEC to gear up efforts to meet regional challenges

President Mamnoon Hussain on Wednesday urged upon the Pakistan Atomic Energy Commission (PAEC) to base its future planning on emerging regional scenario and challenges to the country. Addressing at convocation ceremony of Pakistan Institute of Engineering
Published 30 Nov, 2017 12:00am
KP IGP visits Public Disorder & Riot Management school

KP IGP visits Public Disorder & Riot Management school

KP Inspector General of Police (IGP), Salahuddin Khan visited Police School of Public Disorder and Riot Management at Mardan on Wednesday. The IGP after attending a briefing at school visited different sections of the school and inspected the ongoing acad
Published 30 Nov, 2017 12:00am
Eid Milaad: Marriott, PC to be lit up in festivity

Eid Milaad: Marriott, PC to be lit up in festivity

Hashoo Group, owners of the leading luxury hospitality brands of Pakistan - Marriott and Pearl Continental Hotels, will be celebrating Milaad-un-Nabi with full fervor. Their hotels across the country will be lit up in celebration marking the Birth of the
Published 30 Nov, 2017 12:00am
Iranian CG calls on Zardari

Iranian CG calls on Zardari

Consul General (CG) of Islamic Republic of Iran to Karachi Ahmad Mohammadi called on former president Asif Ali Zardari at Bilawal House here on Wednesday. According to a statement issued here, the former president and Iranian diplomat discussed cordial re
Published 30 Nov, 2017 12:00am
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