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Print - 2017-12-30
ECC allows export of 35,000 MT of urea to Sri Lanka
Currency

ECC allows export of 35,000 MT of urea to Sri Lanka

The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 35,000 metric tons of urea to Sri Lanka in addition to extension in the date for export of 41,000 metric tons of urea. Sources said that a meeting of the ECC presided over by t
Published 30 Dec, 2017 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 29, 2017).
Published 30 Dec, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
Imran levels fresh allegations against Dar, Sharifs

Imran levels fresh allegations against Dar, Sharifs

Terming Ishaq Dar as Nawaz Sharif's 'frontman in corruption mafia' Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Friday claimed that 11 more companies owned by Dar have surfaced in Dubai. Speaking at a presser, he said that out of 11 companies owned
Published 30 Dec, 2017 12:00am
Imran levels fresh allegations against Dar, Sharifs

Imran levels fresh allegations against Dar, Sharifs

Terming Ishaq Dar as Nawaz Sharif's 'frontman in corruption mafia' Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Friday claimed that 11 more companies owned by Dar have surfaced in Dubai. Speaking at a presser, he said that out of 11 companies owned
Published 30 Dec, 2017 12:00am
PPP will abide by all decisions taken by APC: Zardari

PPP will abide by all decisions taken by APC: Zardari

Co-Chairman of Pakistan People's Party (PPP) Asif Ali Zardari Friday said that he would abide by all the decisions taken in the All Parties Conference (APC) of Dr Tahirul Qadri, to be held on Saturday (today). He was addressing a joint press conference al
Published 30 Dec, 2017 12:00am
PPP will abide by all decisions taken by APC: Zardari

PPP will abide by all decisions taken by APC: Zardari

Co-Chairman of Pakistan People's Party (PPP) Asif Ali Zardari Friday said that he would abide by all the decisions taken in the All Parties Conference (APC) of Dr Tahirul Qadri, to be held on Saturday (today). He was addressing a joint press conference al
Published 30 Dec, 2017 12:00am
Nawaz leaving for Saudi Arabia today

Nawaz leaving for Saudi Arabia today

Pakistan Muslim League-Nawaz (PML-N) president Nawaz Sharif is leaving for Saudi Arabia on a high-profile visit on Saturday (today). Sources said that Nawaz Sharif is expected to meet Turkish premier and Saudi Arabia's top brass. Political analysts are te
Published 30 Dec, 2017 12:00am
Nawaz leaving for Saudi Arabia today

Nawaz leaving for Saudi Arabia today

Pakistan Muslim League-Nawaz (PML-N) president Nawaz Sharif is leaving for Saudi Arabia on a high-profile visit on Saturday (today). Sources said that Nawaz Sharif is expected to meet Turkish premier and Saudi Arabia's top brass. Political analysts are te
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
China temporarily waives taxes to get foreign firms to stay

China temporarily waives taxes to get foreign firms to stay

China will temporarily waive income taxes for foreign companies on profits they reinvest in the country as Beijing battles to retain foreign firms and investment. The finance ministry announced Thursday the new tax policy, which will apply retroactively f
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
Dilemma for ECB as German inflation hits five-year high
Currency

Dilemma for ECB as German inflation hits five-year high

German inflation hit its highest level in five years in 2017, initial data showed on Friday, sowing the seeds of more discord among rate setters at the European Central Bank, where some policymakers want to stop pouring money into the euro zone. Consumer
Published 30 Dec, 2017 12:00am
BRIndex100 consolidates gains
Exchange

BRIndex100 consolidates gains

Pakistan Stock Exchange (PSX) continued upward drive on the last trading day of the week Friday. BRIndex100 gained 1.66 points or 0.04 percent to close at 4,294.90 points. BRIndex100 opened at 4,293.24 points and touched intraday high of 4,320.38 points a
Published 30 Dec, 2017 12:00am
BRIndex100 consolidates gains
Exchange

BRIndex100 consolidates gains

Pakistan Stock Exchange (PSX) continued upward drive on the last trading day of the week Friday. BRIndex100 gained 1.66 points or 0.04 percent to close at 4,294.90 points. BRIndex100 opened at 4,293.24 points and touched intraday high of 4,320.38 points a
Published 30 Dec, 2017 12:00am
BRIndex100 consolidates gains
Exchange

BRIndex100 consolidates gains

Pakistan Stock Exchange (PSX) continued upward drive on the last trading day of the week Friday. BRIndex100 gained 1.66 points or 0.04 percent to close at 4,294.90 points. BRIndex100 opened at 4,293.24 points and touched intraday high of 4,320.38 points a
Published 30 Dec, 2017 12:00am
Diamer-Bhasha Dam: China refuses to finance project

Diamer-Bhasha Dam: China refuses to finance project

China has reportedly refused to finance $14 billion Diamer-Bhasha Dam power project due to transboundary dispute between Pakistan and India, citing the stance already taken by the World Bank and Asian Development Bank (ADB), well informed sources told
Published 30 Dec, 2017 12:00am
Diamer-Bhasha Dam: China refuses to finance project

Diamer-Bhasha Dam: China refuses to finance project

China has reportedly refused to finance $14 billion Diamer-Bhasha Dam power project due to transboundary dispute between Pakistan and India, citing the stance already taken by the World Bank and Asian Development Bank (ADB), well informed sources told
Published 30 Dec, 2017 12:00am
Diamer-Bhasha Dam: China refuses to finance project

Diamer-Bhasha Dam: China refuses to finance project

China has reportedly refused to finance $14 billion Diamer-Bhasha Dam power project due to transboundary dispute between Pakistan and India, citing the stance already taken by the World Bank and Asian Development Bank (ADB), well informed sources told
Published 30 Dec, 2017 12:00am
External financing needs: MoF reluctant to share details
Exchange

External financing needs: MoF reluctant to share details

The Finance Ministry is reluctant to share the details of external financing needs of the country and plan to meet them at a time when some members of National Assembly Standing Committee on Finance have projected $15-16 billion financing gap for the curr
Published 30 Dec, 2017 12:00am
External financing needs: MoF reluctant to share details
Exchange

External financing needs: MoF reluctant to share details

The Finance Ministry is reluctant to share the details of external financing needs of the country and plan to meet them at a time when some members of National Assembly Standing Committee on Finance have projected $15-16 billion financing gap for the curr
Published 30 Dec, 2017 12:00am
External financing needs: MoF reluctant to share details
Exchange

External financing needs: MoF reluctant to share details

The Finance Ministry is reluctant to share the details of external financing needs of the country and plan to meet them at a time when some members of National Assembly Standing Committee on Finance have projected $15-16 billion financing gap for the curr
Published 30 Dec, 2017 12:00am
Miftah targets tax reforms, touts rupee flexibility
Currency

Miftah targets tax reforms, touts rupee flexibility

New finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government's term ends ahead of a 2018 election, and touted a policy of greater currency flexibility. The government has in recent months devalued
Published 30 Dec, 2017 12:00am
Miftah targets tax reforms, touts rupee flexibility
Currency

Miftah targets tax reforms, touts rupee flexibility

New finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government's term ends ahead of a 2018 election, and touted a policy of greater currency flexibility. The government has in recent months devalued
Published 30 Dec, 2017 12:00am
Miftah targets tax reforms, touts rupee flexibility
Currency

Miftah targets tax reforms, touts rupee flexibility

New finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government''s term ends ahead of a 2018 election, and touted a policy of greater currency flexibility. The government has in recent months devalue
Published 30 Dec, 2017 12:00am
Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

US banking giant Goldman Sachs said Friday that the US tax reform will cut its earnings this year by about $5 billion, mainly because of a tax targeting earnings held abroad. "The Goldman Sachs group estimates, based on currently available information, th
Published 30 Dec, 2017 12:00am
Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

US banking giant Goldman Sachs said Friday that the US tax reform will cut its earnings this year by about $5 billion, mainly because of a tax targeting earnings held abroad. "The Goldman Sachs group estimates, based on currently available information, th
Published 30 Dec, 2017 12:00am
Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

Goldman Sachs says US tax reform to cut 2017 earnings by $5 billion

US banking giant Goldman Sachs said Friday that the US tax reform will cut its earnings this year by about $5 billion, mainly because of a tax targeting earnings held abroad. "The Goldman Sachs group estimates, based on currently available information, th
Published 30 Dec, 2017 12:00am
ECC allows export of 35,000 MT of urea to Sri Lanka
Currency

ECC allows export of 35,000 MT of urea to Sri Lanka

The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 35,000 metric tons of urea to Sri Lanka in addition to extension in the date for export of 41,000 metric tons of urea. Sources said that a meeting of the ECC presided over by t
Published 30 Dec, 2017 12:00am
ECC allows export of 35,000 MT of urea to Sri Lanka
Currency

ECC allows export of 35,000 MT of urea to Sri Lanka

The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 35,000 metric tons of urea to Sri Lanka in addition to extension in the date for export of 41,000 metric tons of urea. Sources said that a meeting of the ECC presided over by t
Published 30 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
Pakistan cannot do it anymore

Pakistan cannot do it anymore

There cannot be two opinions about the fact that the defeat of Al-Qaeda in the war against global terrorism was not possible without more-than-active participation of Pakistan in it. Nearly three decades ago, Pakistan was a key factor behind the humiliati
Published 30 Dec, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am
LCCI's brilliant advice for beleaguered government
Cotton

LCCI's brilliant advice for beleaguered government

There is no shortage of advice to the policy planners in this country. The President of Lahore Chamber of Commerce and Industry (LCCI), Malik Tahir Javed, has called for immediate measures to improve the economic indicators and socio-economic structure of
Published 30 Dec, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 29, 2017)

Published 30 Dec, 2017 12:00am
Bolivia economy grows 3.8 percent

Bolivia economy grows 3.8 percent

Bolivia's economy grew 3.8 percent in the third quarter of 2017 from a year earlier, the economy minister said on Friday, as expansion in agriculture, construction and services helped compensate for weak natural gas sales to neighbouring Brazil.
Published 30 Dec, 2017 12:00am
Senate body decides to forward three cases to NAB
Exchange

Senate body decides to forward three cases to NAB

The Senate Standing Committee on Finance Friday decided to forward three cases related to alleged financial mismanagement and money laundering to National Accountability Bureau (NAB), including the Multan Metro Bus case which relates to concealing of reco
Published 30 Dec, 2017 12:00am
Senate body decides to forward three cases to NAB
Exchange

Senate body decides to forward three cases to NAB

The Senate Standing Committee on Finance Friday decided to forward three cases related to alleged financial mismanagement and money laundering to National Accountability Bureau (NAB), including the Multan Metro Bus case which relates to concealing of reco
Published 30 Dec, 2017 12:00am
HR Promotions: EAD, EU sign 'Grant Financing Agreement'

HR Promotions: EAD, EU sign 'Grant Financing Agreement'

Pakistan and European Union signed a Grant Financing Agreement on promotion of human rights in Pakistan amounting to Euro 9.6 million. The agreement will support the continued efforts of the government of Pakistan for the promotion of human rights. The ag
Published 30 Dec, 2017 12:00am
Dispute over whether SCO can be run on commercial basis

Dispute over whether SCO can be run on commercial basis

Pakistan can face serious consequences like it suffered in the Karkey power project case if the military-run Special Communication Organization (SCO) is allowed to operate on commercial basis in violation of shareholder agreement throughout the country. T
Published 30 Dec, 2017 12:00am
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

The rupee managed to recover modest ground against the dollar on the money market on Friday in the process of trading, dealers said. In line with the open market, the rupee managed to gain eight paisas in relation to the dollar for buying and selling at R
Published 30 Dec, 2017 12:00am
HR Promotions: EAD, EU sign 'Grant Financing Agreement'

HR Promotions: EAD, EU sign 'Grant Financing Agreement'

Pakistan and European Union signed a Grant Financing Agreement on promotion of human rights in Pakistan amounting to Euro 9.6 million. The agreement will support the continued efforts of the government of Pakistan for the promotion of human rights. The ag
Published 30 Dec, 2017 12:00am
NAB to probe shutdown, collapse of PSM
Exchange

NAB to probe shutdown, collapse of PSM

The National Accountability Bureau (NAB) Friday decided to investigate shutdown and collapse of the country's largest industrial unit, Pakistan Steel Mills (PSM), which has incurred loss of billions of rupees to the national exchequer.
Published 30 Dec, 2017 12:00am
NAB to probe shutdown, collapse of PSM
Exchange

NAB to probe shutdown, collapse of PSM

The National Accountability Bureau (NAB) Friday decided to investigate shutdown and collapse of the country's largest industrial unit, Pakistan Steel Mills (PSM), which has incurred loss of billions of rupees to the national exchequer.
Published 30 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 29, 2017).

Published 30 Dec, 2017 12:00am