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Print - 2017-12-07
General Secretary Iraqi defence ministry calls on CoAS

General Secretary Iraqi defence ministry calls on CoAS

General Secretary Iraqi Ministry of Defence, Lieutenant General Muhammad Jawad Khadum Al-Abadi called on Chief of Army Staff (CoAS), General Qamar Javed Bajwa at General Headquarters (GHQ) on Wednesday. Matters of professional interest and regional securi
Published 07 Dec, 2017 12:00am
Two wanted terrorists killed in Swat: ISPR

Two wanted terrorists killed in Swat: ISPR

Security forces Wednesday conducted an intelligence-based operation in Swat's Jahan Abad area and killed two wanted terrorists, said a statement released by the Inter-Services Public Relations (ISPR). "Asad alias Anus and Wahab were killed. Both were bein
Published 07 Dec, 2017 12:00am
CCI to discuss uniform food standards

CCI to discuss uniform food standards

Prime Minister Shahid Khaqan Abbasi has directed Ministry of Science and Technology to prepare a detailed proposal for uniform food standards across the country and include it in agenda of next meeting of the Council of Common Interests (CCI) for discussi
Published 07 Dec, 2017 12:00am
Sharjeel's bail plea SC issues notices to NAB

Sharjeel's bail plea SC issues notices to NAB

Supreme Court Wednesday issued notices to National Accountability Bureau while hearing post-arrest bail application of former Information Minister Sindh Sharjeel Inam Memon. A three-judge bench led by Justice Ejaz Afzal Khan also issued notices to top ant
Published 07 Dec, 2017 12:00am
Model Town tribunal report: Imran urges Shahbaz, Sanaullah to step down

Model Town tribunal report: Imran urges Shahbaz, Sanaullah to step down

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan wants Punjab Chief Minister Shahbaz Sharif and provincial Law Minister Rana Sanaullah to step down immediately after the shocking revelations in Model Town inquiry tribunal report. In a tweet on Wednesday
Published 07 Dec, 2017 12:00am
Public gathering at Parade Ground proves PPP's power, Zardari claims

Public gathering at Parade Ground proves PPP's power, Zardari claims

Former President of Pakistan and President Pakistan Peoples Party Asif Ali Zardari has said that PPP public gathering at Parade ground has proved that the party is the greatest political force in the country. The PPP will form the next government in the c
Published 07 Dec, 2017 12:00am
'Water storage capacity far below global capacity'

'Water storage capacity far below global capacity'

The country needs to establish sufficient water storage reservoirs as Pakistan's current water storage capacity of 10% is far below the global water storage capacity of 40%. This was stated by Yousaf Naseem Khokhar, Federal Secretary Ministry of Energy, P
Published 07 Dec, 2017 12:00am
Rabbani meets Jordon's king, PM
Exchange

Rabbani meets Jordon's king, PM

Chairman Senate Raza Rabbani while leading a delegation held high-level important meetings with the Monarch of Jordon King Abdullah II and the Prime Minister of Jordon Dr Hani Almulki and exchanged views on matters of mutual interests including regional s
Published 07 Dec, 2017 12:00am
Sugarcane price fixation in KP

Sugarcane price fixation in KP

According to some media reports, the Sindh government has fixed rate of sugarcane at Rs 182 per 40 kg and has asked sugar factories to start crushing from November 30, 2017, accepting two major demands of growers' organisations. The sugarcane rate was dec
Published 07 Dec, 2017 12:00am
Ford set for China tie-up with Alibaba to test online, direct auto sales

Ford set for China tie-up with Alibaba to test online, direct auto sales

Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the US automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new "auto vending machine"
Published 07 Dec, 2017 12:00am
IMCTC is shaping up?
Exchange

IMCTC is shaping up?

The Islamic Military Counter-Terrorism Coalition (IMCTC), thought up by the impetuous Saudi Crown Prince Mohammad bin Salman two years ago, was formally launched the other day at defence minister conference he hosted in Riyadh. The stated objectives of th
Published 07 Dec, 2017 12:00am
Inequality: our destiny?

Inequality: our destiny?

Every age, every society, has lived with inequality. It is structural, they say; to the cynical it is part of the divine comedy. Mythology, of every culture, glorifies the strong and wealthy, spinning stories around immortals and mortals, luxury and want,
Published 07 Dec, 2017 12:00am
Ultra vires agreement

Ultra vires agreement

During the hearing on December 4 of identical petitions filed by local residents and lawyers against the sit-in that paralysed routine life in the twin cities of Islamabad and Rawalpindi from November 8 to November 27, Justice Shaukat Aziz Siddiqui of the
Published 07 Dec, 2017 12:00am
Global oil situation
Exchange

Global oil situation

Opec and non-Opec producers led by Russia agreed on 30th November, 2017 to extend oil output cuts until the end of 2018 as they try to eliminate a global glut of crude while signalling that they could exit the deal earlier if the market overheats. The pro
Updated 07 Dec, 2017 12:19pm
The Weather

The Weather

The weather report on Wednesday (December 06, 2017) and the forecast for Thursday (December 07, 2017).

Published 07 Dec, 2017 12:00am
Britain must apologise for Jallianwala Bagh massacre: London mayor

Britain must apologise for Jallianwala Bagh massacre: London mayor

London's first Asian-origin mayor Sadiq Khan said the British government should apologise for a colonial-era massacre in India as he visited the site on Wednesday. The 1919 Jallianwala Bagh massacre, in which British troops opened fire on thousands of una
Published 07 Dec, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Britain must apologise for Jallianwala Bagh massacre: London mayor

Britain must apologise for Jallianwala Bagh massacre: London mayor

London's first Asian-origin mayor Sadiq Khan said the British government should apologise for a colonial-era massacre in India as he visited the site on Wednesday. The 1919 Jallianwala Bagh massacre, in which British troops opened fire on thousands of una
Published 07 Dec, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Import of cotton: government all set to withdraw ST, customs duty
Cotton

Import of cotton: government all set to withdraw ST, customs duty

The government is all set to withdraw sales tax and customs duty on import of cotton, as was done last year, to encourage value addition, reduce cost of doing business and bridge the gap between production and consumption, sources in private sector told <
Published 07 Dec, 2017 12:00am
Import of cotton: government all set to withdraw ST, customs duty
Cotton

Import of cotton: government all set to withdraw ST, customs duty

The government is all set to withdraw sales tax and customs duty on import of cotton, as was done last year, to encourage value addition, reduce cost of doing business and bridge the gap between production and consumption, sources in private sector told <
Published 07 Dec, 2017 12:00am
Import of cotton: government all set to withdraw ST, customs duty
Cotton

Import of cotton: government all set to withdraw ST, customs duty

The government is all set to withdraw sales tax and customs duty on import of cotton, as was done last year, to encourage value addition, reduce cost of doing business and bridge the gap between production and consumption, sources in private sector told <
Published 07 Dec, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Import of cotton: government all set to withdraw ST, customs duty
Cotton

Import of cotton: government all set to withdraw ST, customs duty

The government is all set to withdraw sales tax and customs duty on import of cotton, as was done last year, to encourage value addition, reduce cost of doing business and bridge the gap between production and consumption, sources in private sector told <
Published 07 Dec, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 06, 2017)

Published 07 Dec, 2017 12:00am
Shifting Embassy to Jerusalem: Pakistan condemns US decision

Shifting Embassy to Jerusalem: Pakistan condemns US decision

Pakistan on Wednesday joined the international community in expressing its strong opposition and condemnation at the decision of the US Administration to recognize the occupied city of Al Quds Al Sharif/Jerusalem as the "so-called" capital of Israel and t
Published 07 Dec, 2017 12:00am
Shifting Embassy to Jerusalem: Pakistan condemns US decision

Shifting Embassy to Jerusalem: Pakistan condemns US decision

Pakistan on Wednesday joined the international community in expressing its strong opposition and condemnation at the decision of the US Administration to recognize the occupied city of Al Quds Al Sharif/Jerusalem as the "so-called" capital of Israel and t
Published 07 Dec, 2017 12:00am
Time names sexual abuse 'Silence Breakers' as Person of the Year

Time names sexual abuse 'Silence Breakers' as Person of the Year

Time magazine named as Person of the Year Wednesday "the silence breakers" who triggered a national reckoning by revealing the pervasiveness of sexual harassment, assault and abuse in US life. President Donald Trump was runner-up in the prestigious rankin
Published 07 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Time names sexual abuse 'Silence Breakers' as Person of the Year

Time names sexual abuse 'Silence Breakers' as Person of the Year

Time magazine named as Person of the Year Wednesday "the silence breakers" who triggered a national reckoning by revealing the pervasiveness of sexual harassment, assault and abuse in US life. President Donald Trump was runner-up in the prestigious rankin
Published 07 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Details of Nawaz's foreign currency accounts unveiled
Currency

Details of Nawaz's foreign currency accounts unveiled

A prosecution witness on Wednesday provided details of foreign currency accounts of former Prime Minister Nawaz Sharif and his sons to Accountability Court hearing corruption references against the Sharif family. While hearing Al Azizia Steel Mills corrup
Published 07 Dec, 2017 12:00am
Details of Nawaz's foreign currency accounts unveiled
Currency

Details of Nawaz's foreign currency accounts unveiled

A prosecution witness on Wednesday provided details of foreign currency accounts of former Prime Minister Nawaz Sharif and his sons to Accountability Court hearing corruption references against the Sharif family. While hearing Al Azizia Steel Mills corrup
Published 07 Dec, 2017 12:00am
Man charged with plot to kill British PM

Man charged with plot to kill British PM

A 20-year-old man appeared in court on Wednesday charged with plotting to assassinate British Prime Minister Theresa May in a bomb and knife attack. Naa'imur Zakariyah Rahman is accused of planning an explosion outside May's Downing Street office then try
Published 07 Dec, 2017 12:00am
THE RUPEE: Mixed patterns
Currency

THE RUPEE: Mixed patterns

The rupee moved both ways against the dollar on the money market on Wednesday in the process of trading, dealers said.
Published 07 Dec, 2017 12:00am
Man charged with plot to kill British PM

Man charged with plot to kill British PM

A 20-year-old man appeared in court on Wednesday charged with plotting to assassinate British Prime Minister Theresa May in a bomb and knife attack. Naa'imur Zakariyah Rahman is accused of planning an explosion outside May's Downing Street office then try
Published 07 Dec, 2017 12:00am
THE RUPEE: Mixed patterns
Currency

THE RUPEE: Mixed patterns

The rupee moved both ways against the dollar on the money market on Wednesday in the process of trading, dealers said.
Published 07 Dec, 2017 12:00am
Sindh government hampering industrialization in province

Sindh government hampering industrialization in province

Sindh government is reportedly delaying approval of Special Economic Zone (SEZ) Enterprise status to long-term industrial investors in Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP) which is hampering industrialization in the pr
Published 07 Dec, 2017 12:00am
Sindh government hampering industrialization in province

Sindh government hampering industrialization in province

Sindh government is reportedly delaying approval of Special Economic Zone (SEZ) Enterprise status to long-term industrial investors in Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP) which is hampering industrialization in the pr
Published 07 Dec, 2017 12:00am
Sindh government hampering industrialization in province

Sindh government hampering industrialization in province

Sindh government is reportedly delaying approval of Special Economic Zone (SEZ) Enterprise status to long-term industrial investors in Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP) which is hampering industrialization in the pr
Published 07 Dec, 2017 12:00am
Three men charged with Maltese journalist's murder

Three men charged with Maltese journalist's murder

Three men were charged Tuesday with the murder of campaigning Maltese journalist and blogger Daphne Caruana Galizia, killed in a horrific car bombing on the Mediterranean island on October 16. Caruana Galizia, 53, was one of Malta's most prominent public
Published 07 Dec, 2017 12:00am
High-profile UAE leader pays visit to slain Saleh's son

High-profile UAE leader pays visit to slain Saleh's son

The crown prince of Abu Dhabi on Wednesday paid a public visit on Ahmed Ali Abdullah Saleh, the son of Yemen's slain strongman and a potential successor. A photo posted on Mohammed bin Zayed's Twitter account showed the Emirati sheikh offering condolences
Published 07 Dec, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 06, 2017).

Published 07 Dec, 2017 12:00am
Imported goods: SHC to resume hearing of RD case today

Imported goods: SHC to resume hearing of RD case today

Sindh High Court (SHC) will resume hearing of case of regulatory duties imposed on imported goods through Federal Board of Revenue (FBR) SRO 1035 here on Thursday (December 7). Sindh High Court (SHC) had allowed Organisation for Advancement and Safeguard
Published 07 Dec, 2017 12:00am
Potential filers: block their CNICs, PM tells FBR

Potential filers: block their CNICs, PM tells FBR

Prime Minister Shahid Khaqan Abbasi Wednesday directed Federal Board of Revenue (FBR) to trace 8-10 million potential filers out of 80 million computerized national identity card (CNIC) holders and convert CINCs of these 8-10 million persons into national
Published 07 Dec, 2017 12:00am
Potential filers: block their CNICs, PM tells FBR

Potential filers: block their CNICs, PM tells FBR

Prime Minister Shahid Khaqan Abbasi Wednesday directed Federal Board of Revenue (FBR) to trace 8-10 million potential filers out of 80 million computerized national identity card (CNIC) holders and convert CINCs of these 8-10 million persons into national
Published 07 Dec, 2017 12:00am
Potential filers: block their CNICs, PM tells FBR

Potential filers: block their CNICs, PM tells FBR

Prime Minister Shahid Khaqan Abbasi Wednesday directed Federal Board of Revenue (FBR) to trace 8-10 million potential filers out of 80 million computerized national identity card (CNIC) holders and convert CINCs of these 8-10 million persons into national
Published 07 Dec, 2017 12:00am
LNG terminal failure to take 10 days to fix

LNG terminal failure to take 10 days to fix

A infrastructure failure linked to Pakistan GasPort, the country''s second liquefied natural gas (LNG) import project, is expected to take around 10 days to repair, prompting multiple shipments to be cancelled or diverted, trade sources said.
Published 07 Dec, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Dec, 2017 12:00am
LNG terminal failure to take 10 days to fix

LNG terminal failure to take 10 days to fix

A infrastructure failure linked to Pakistan GasPort, the country's second liquefied natural gas (LNG) import project, is expected to take around 10 days to repair, prompting multiple shipments to be cancelled or diverted, trade sources said.
Published 07 Dec, 2017 12:00am
LNG terminal failure to take 10 days to fix

LNG terminal failure to take 10 days to fix

A infrastructure failure linked to Pakistan GasPort, the country's second liquefied natural gas (LNG) import project, is expected to take around 10 days to repair, prompting multiple shipments to be cancelled or diverted, trade sources said.
Published 07 Dec, 2017 12:00am
PSO suspends imports on LNG push

PSO suspends imports on LNG push

Pakistan State Oil (PSO) has suspended imports of fuel oil after an abrupt drop in domestic demand as the country turns to liquefied natural gas (LNG) to fuel its power sector, two company officials told Reuters on Wednesday. It is not clear how long the
Published 07 Dec, 2017 12:00am
PSO suspends imports on LNG push

PSO suspends imports on LNG push

Pakistan State Oil (PSO) has suspended imports of fuel oil after an abrupt drop in domestic demand as the country turns to liquefied natural gas (LNG) to fuel its power sector, two company officials told Reuters on Wednesday. It is not clear how long the
Published 07 Dec, 2017 12:00am
PSO suspends imports on LNG push

PSO suspends imports on LNG push

Pakistan State Oil (PSO) has suspended imports of fuel oil after an abrupt drop in domestic demand as the country turns to liquefied natural gas (LNG) to fuel its power sector, two company officials told Reuters on Wednesday. It is not clear how long the
Published 07 Dec, 2017 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange despite foreign buying. Local investors opted to offload their holdings on available margins, which pushed the index down by over 38 points. BRIndex100 lost 3.01 points or 0.07 percent to close at 4,245
Published 07 Dec, 2017 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange despite foreign buying. Local investors opted to offload their holdings on available margins, which pushed the index down by over 38 points. BRIndex100 lost 3.01 points or 0.07 percent to close at 4,245
Published 07 Dec, 2017 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange despite foreign buying. Local investors opted to offload their holdings on available margins, which pushed the index down by over 38 points. BRIndex100 lost 3.01 points or 0.07 percent to close at 4,245
Published 07 Dec, 2017 12:00am
B3 rating assigned to US-dollar notes

B3 rating assigned to US-dollar notes

Moody''''s assigns B3 rating to Pakistan''''s US-dollar notes. Moody''''s says Pakistan''''s institutional strength improving from very low base, reflecting significant traction on reforms following recent IMF program. Moody''''s says Pakistan''''s credit
Published 07 Dec, 2017 12:00am
B3 rating assigned to US-dollar notes

B3 rating assigned to US-dollar notes

Moody''s assigns B3 rating to Pakistan''s US-dollar notes. Moody''s says Pakistan''s institutional strength improving from very low base, reflecting significant traction on reforms following recent IMF program. Moody''s says Pakistan''s credit profile bal
Published 07 Dec, 2017 12:00am
B3 rating assigned to US-dollar notes

B3 rating assigned to US-dollar notes

Moody's assigns B3 rating to Pakistan's US-dollar notes. Moody's says Pakistan's institutional strength improving from very low base, reflecting significant traction on reforms following recent IMF program. Moody's says Pakistan's credit profile balances
Published 07 Dec, 2017 12:00am
B3 rating assigned to US-dollar notes

B3 rating assigned to US-dollar notes

Moody's assigns B3 rating to Pakistan's US-dollar notes. Moody's says Pakistan's institutional strength improving from very low base, reflecting significant traction on reforms following recent IMF program. Moody's says Pakistan's credit profile balances
Published 07 Dec, 2017 12:00am
Credit profile: Moody''''s spells out constraints
Currency

Credit profile: Moody''''s spells out constraints

The government of Pakistan''''s high debt burden, very narrow revenue base, fragile external payments position and high political risk constrain the credit profile, says the Moody''''s Investors Service (Moody''''s). "Political risk in Pakistan remains hi
Published 07 Dec, 2017 12:00am
Credit profile: Moody''s spells out constraints
Currency

Credit profile: Moody''s spells out constraints

The government of Pakistan''s high debt burden, very narrow revenue base, fragile external payments position and high political risk constrain the credit profile, says the Moody''s Investors Service (Moody''s). "Political risk in Pakistan remains high, re
Published 07 Dec, 2017 12:00am
Credit profile: Moody's spells out constraints
Currency

Credit profile: Moody's spells out constraints

The government of Pakistan's high debt burden, very narrow revenue base, fragile external payments position and high political risk constrain the credit profile, says the Moody's Investors Service (Moody's). "Political risk in Pakistan remains high, refle
Published 07 Dec, 2017 12:00am
Credit profile: Moody's spells out constraints
Currency

Credit profile: Moody's spells out constraints

The government of Pakistan's high debt burden, very narrow revenue base, fragile external payments position and high political risk constrain the credit profile, says the Moody's Investors Service (Moody's). "Political risk in Pakistan remains high, refle
Published 07 Dec, 2017 12:00am