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Print - 2018-01-26
Russia notches up second year as top oil supplier to China

Russia notches up second year as top oil supplier to China

Russia held firm as China's top crude oil supplier in December for the 10th month and racked up its second year as the largest supplier in 2017, customs data showed, leaving rival exporter Saudi Arabia in second place on both fronts. Exports from Russia h
Published 26 Jan, 2018 12:00am
PSO, OTO&CA talks continue amid fuel shortage in Quetta

PSO, OTO&CA talks continue amid fuel shortage in Quetta

The negotiations between Pakistan State Oil (PSO) and Oil Tanker Owners and Contractors Association (OTO&CA) have been under way amidst small scale fuel shortage in Quetta region. While observing a countrywide strike, the Oil Tanker Owners and Contractors
Published 26 Jan, 2018 12:00am
Fourth National Karate Training Camp concludes

Fourth National Karate Training Camp concludes

The 4th Japan Karate Association (JKA) National Karate Training Camp concluded here on Thursday at the Liaquat Gymnasium, Pakistan Sports Complex, Aabpara. The camp was organised by the Japan Karate Association Pakistan. The closing ceremony was graced by
Published 26 Jan, 2018 12:00am
Education key to success: Jhagra

Education key to success: Jhagra

KP Governor Engineer Iqbal Zafar Jhagra has said that promotion of education is must for ensuring development and prosperity of any society. Indeed, he added, without education every human being stands incomplete and keeping this fact in mind, the present
Published 26 Jan, 2018 12:00am
Bid to smuggle ice at Torkham border foiled

Bid to smuggle ice at Torkham border foiled

The Customs authorities have foiled a bid of smuggling of ice from Afghanistan to Pakistan by recovering 4 kg from truck at Torkham border on Thursday. According to Customs official sources, Collector Customs, Peshawar Gul Rehman received secret informati
Published 26 Jan, 2018 12:00am
Jadhav case: ICJ instructs India to submit reply by April 17

Jadhav case: ICJ instructs India to submit reply by April 17

The International Court of Justice (ICJ) has instructed India to submit its reply in the case of Indian spy Kulbhushan Jadhav, convicted by a Pakistani military court, by April 17, reported Radio Pakistan. Kulbhushan Jadhav was arrested in Balochistan by
Published 26 Jan, 2018 12:00am
Murder of Naqeeb: TYM demands judicial inquiry

Murder of Naqeeb: TYM demands judicial inquiry

Activists of Tribal Youth Movement (TYM) on Thursday staged a protest demonstration here outside Peshawar Press Club against the alleged killing of Naqeebullah Mehsud by police in Karachi and demanding the holding of judicial inquiry into the murder.
Published 26 Jan, 2018 12:00am
LHC bans hunting of houbara bustard till December

LHC bans hunting of houbara bustard till December

The Lahore High Court on Thursday banned until December 2018 hunting of houbara bastard and other rare birds migrating here from other parts of the world. Chief Justice Syed Mansoor Ali Shah passed the order after a commission submitted its report and opp
Published 26 Jan, 2018 12:00am
Bill to set up food authority for Islamabad to be tabled soon

Bill to set up food authority for Islamabad to be tabled soon

The Interior Ministry will table a bill in the National Assembly for establishment of new 'Food Authority Department' soon after clubbing recommendations of Ministry of Science and Technology, Pakistan Standards and Quality Control Authority (PSQCA) and o
Published 26 Jan, 2018 12:00am
Funds for madressa reforms released: Ahsan

Funds for madressa reforms released: Ahsan

Interior Minister Ahsan Iqbal on Thursday said that the government has released funds for madrassa reforms and introduction of modern education in seminaries. Speaking at a concluding ceremony of the 5th National Stakeholders Conference, Dissemination of
Published 26 Jan, 2018 12:00am
Education of young girls: Malala for collective responsibility

Education of young girls: Malala for collective responsibility

Nobel Prize laureate and social activist Malala Yousafzai stressed upon collective responsibility to promote education of young girls across the globe. While speaking at the World Economic Forum session titled "An Insight, An Idea with Malala Yousafzai",
Published 26 Jan, 2018 12:00am
Sugar sector Competition concerns discussed at CCP's hearing

Sugar sector Competition concerns discussed at CCP's hearing

The Competition Commission of Pakistan (CCP) held an open hearing to discuss the competition concerns in the sugar sector and to get the viewpoint of all stakeholders on relevant issues. The CCP's bench, comprising the Chairperson Vadiyya Khalil, and memb
Published 26 Jan, 2018 12:00am
Lenovo recognised top firm

Lenovo recognised top firm

Lenovo announced its recognition as a top company on the Corporate Knights' Global 100 list. The list recognizes the top 100 companies across the world from a pool of nearly 6,000 publicly listed companies and evaluates them on up to 17 environmental, soc
Published 26 Jan, 2018 12:00am
Security, economic: Dastgir lauds EU's support in overcoming challenges

Security, economic: Dastgir lauds EU's support in overcoming challenges

Minister for Defense Khurram Dastgir Khan has said that Pakistan's successful counterterrorism operations like Zarb-e-Azb proved helpful in creating peace in the country that in turn helped in economic stability. During a meeting with the Chair of the For
Published 26 Jan, 2018 12:00am
PPP-P invites applications for Senate polls

PPP-P invites applications for Senate polls

The opposition party in the Parliament, Pakistan Peoples Party Parliamentarians (PPP-P) has invited applications from interested candidates for upcoming Senate elections by January 30, 2018. Newly elected Secretary General PPP-P Farhatullah Barbar has ask
Published 26 Jan, 2018 12:00am
Miftah meets World Bank delegation

Miftah meets World Bank delegation

Adviser to Prime Minister on Finance, Miftah Ismail along with Minister for Water Resources and Minister of State for Finance had a meeting with visiting World Bank delegation here Thursday. The delegation led by Annette Dixon Vice President for South Asi
Published 26 Jan, 2018 12:00am
Businessmen urged to bring threats of extortion into Rangers' notice

Businessmen urged to bring threats of extortion into Rangers' notice

Director General Pakistan Rangers (Sindh), Maj-General Muhammad Saeed has urged the business and industrial community to immediately inform Rangers whenever they receive any extortion threat so that the culprits could be taken to task alongside ensured se
Published 26 Jan, 2018 12:00am
Businessmen urged to bring threats of extortion into Rangers' notice

Businessmen urged to bring threats of extortion into Rangers' notice

Director General Pakistan Rangers (Sindh), Maj-General Muhammad Saeed has urged the business and industrial community to immediately inform Rangers whenever they receive any extortion threat so that the culprits could be taken to task alongside ensured se
Published 26 Jan, 2018 12:00am
US Consul General greets SEAS on completion of Varun Dev Mandir

US Consul General greets SEAS on completion of Varun Dev Mandir

The US Consul General Grace Shelton joined the local community to mark the closing ceremony of the Shri Varun Dev Mandir - a historic Hindu temple on Thursday at Manora Island. She congratulated the Sindh Exploration and Adventure Society (SEAS) on the su
Published 26 Jan, 2018 12:00am
Schwabe award winner 2017 represents Pakistan at Davos 2018

Schwabe award winner 2017 represents Pakistan at Davos 2018

Fayeeza Naqvi, Chairman and Co-Founder of The Aman Foundation attended the World Economic Forum 2018 at Davos. The Aman Foundation was a part of the Pakistan Pavilion hosted by PathFinder Group in collaboration with Swiss-Asian Chamber of Commerce (SACC).
Published 26 Jan, 2018 12:00am
200 Baloch insurgents lay down arms in Turbat

200 Baloch insurgents lay down arms in Turbat

As many as 200 separatist militants, including 15 commanders, renounced violence and laid down their arms on Thursday at a ceremony held at FC Headquarters Turbat on Thursday. Chief Minister Abdul Quddus Bizenjo and Commander Southern Command Lieutenant G
Published 26 Jan, 2018 12:00am
Hakim Said Awards held

Hakim Said Awards held

The re-branding of any institution at the proper time is necessary and Hamdard Laboratories (Waqf) Pakistan is doing the same. This was stated by Governor of Sindh, Muhammad Zubair while he was addressing the ceremony of "Hakim Mohammed Said Awards" Wedne
Published 26 Jan, 2018 12:00am
PBA condoles Saigol's death

PBA condoles Saigol's death

In a statement issued in Karachi yesterday, the Executive Committee and members of Pakistan Broadcasters Association (PBA) expressed their deep sorrow and grief over the sad demise of Muhammad Azam Saigol, the husband of Amber Haroon Saigol, Chairperson o
Published 26 Jan, 2018 12:00am
BMP chief stresses need for early Pak-Turkey FTA

BMP chief stresses need for early Pak-Turkey FTA

Chairman of Businessmen Panel (BMP) Mian Anjum Nisar has said that there is no progress on the proposed Free Trade Agreement (FTA) with Turkey. "Despite several rounds of talks and negotiations spanning over a decade by the officials of Commerce Ministry,
Published 26 Jan, 2018 12:00am
Commander Royal Saudi Naval Forces meets Admiral Zafar

Commander Royal Saudi Naval Forces meets Admiral Zafar

Commander Royal Saudi Naval Forces Vice Admiral Fahad Bin Abdullah Al Ghofaily is on an official visit to Pakistan. During the visit, Commander Royal Saudi Naval Forces called on Chief of the Naval staff Admiral Zafar Mahmood Abbasi at Naval Headquarters
Published 26 Jan, 2018 12:00am
Two bodies recovered from hotel's room

Two bodies recovered from hotel's room

Bodies of two people were recovered from room of a hotel in the metropolis on Thursday. Police said it was informed by the administration of a hotel located at Saddar Cantt Station that people staying in a room of hotel had not come out last 24 hours neit
Published 26 Jan, 2018 12:00am
Punjab rapidly moving towards prosperity: Shahbaz

Punjab rapidly moving towards prosperity: Shahbaz

Punjab Chief Minister Shahbaz Sharif on Thursday said the provincial government is speedily moving towards attaining the goal of prosperous Punjab. He said this while chairing a high-level meeting in which overall development process and progress on diffe
Published 26 Jan, 2018 12:00am
Gang involved in selling spurious drugs busted

Gang involved in selling spurious drugs busted

The Federal Investigation Agency (FIA) has arrested three suspects of an 'organised racket' involved in making and selling fake medicines for sexual pleasure, especially Viagra, and artificial sex organs throughout the country by using two social media we
Published 26 Jan, 2018 12:00am
Bakhtawar Bhutto's birthday celebrated

Bakhtawar Bhutto's birthday celebrated

Pakistan Peoples Party (PPP) Lahore Executive Committee celebrated birthday of Bakhtawar Bhutto and Aziz-ur-Rehman Chan and cut a cake on the occasion. The Executive Committee reviewed the arrangements for February 5 public rally of PPP at Mochi Gate.
Published 26 Jan, 2018 12:00am
UAE envoy describes Pakistan as land of Opportunities
Exchange

UAE envoy describes Pakistan as land of Opportunities

UAE's newly-appointed Ambassador to Pakistan, Hamad Obaid Ibrahim Salim Al-Zaabi visited Punjab Board of Investment and Trade on Thursday where different matters of mutual interest including the promotion of bilateral economic ties and further expansion i
Published 26 Jan, 2018 12:00am
Mega Leather Show to begin tomorrow

Mega Leather Show to begin tomorrow

The Pakistan Footwear Manufacturers Association (PFMA) Thursday announced to organise fourth Pakistan Mega Leather Show 2018 (PMLS18) here at the International Expo Centre on January 27. Addressing a press conference, PFMA chairman Farrukh Saleem revealed
Published 26 Jan, 2018 12:00am
Reckitt Benckiser bags two awards at International CSR Awards Summit

Reckitt Benckiser bags two awards at International CSR Awards Summit

Reckitt Benckiser Pakistan has won two awards at the 10th International CSR Summit 2018, organized by the National Forum for Environment and Health (NFEH). Affiliated with the United Nations Environment Program (UNEP), and supported by the Federal and Pro
Published 26 Jan, 2018 12:00am
FFC goes live on digital core for real-time analytics

FFC goes live on digital core for real-time analytics

Enabling Pakistan Vision 2025's goals of growing Pakistan's agricultural contribution to GDP through technology, the Fauji Fertilizer Company Ltd (FFC), Pakistan's largest fertilizer company, has gone live on a digital core for real-time analytics. FFC su
Published 26 Jan, 2018 12:00am
'Breast Cancer Clinic' inaugurated

'Breast Cancer Clinic' inaugurated

Punjab Minister for Specialized Healthcare & Medical Education (SH&ME) Khawaja Salman Rafique along with Secretary Health Najam Ahmad Shah inaugurated a 'Breast Cancer Clinic' costing Rs 450 million at Nishtar Hospital Multan. Diagnostic along with treatm
Published 26 Jan, 2018 12:00am
Medium-term trade policy in the offing, says Dharejo

Medium-term trade policy in the offing, says Dharejo

The government is endeavouring to formulate a medium-term trade policy framework for enhancing exports on a sustainable basis by incorporating suggestions of the business community in strategic trade policy framework (STPF) 2018-23. Secretary Trade Develo
Published 26 Jan, 2018 12:00am
PITB generates Rs 4.4 billion through e-ticketing system

PITB generates Rs 4.4 billion through e-ticketing system

A number of 13 million e-challans have been issued through Punjab Information Technology Board (PITB)'s e-ticketing system developed for National Highway and Motorway Police (NHMP) collecting a sum of Rs 4.4 billion, which has improved the efficiency of t
Published 26 Jan, 2018 12:00am
PBIF stresses need for developing marble industry
Exchange

PBIF stresses need for developing marble industry

President of Pakistan Businessmen and Intellectuals Forum (PBIF Mian Zahid Hussain has proposed that the marble industry should be developed through easy loans by establishing mineral development bank and introducing latest equipment in the industry. "Use
Published 26 Jan, 2018 12:00am
US MIDDAY: gold rises
Currency

US MIDDAY: gold rises

Gold rose on Thursday, extending gains of around 10 percent since mid-December and overcoming technical resistance to stay near its highest since August 2016, as the dollar weakened further. The dollar slid to its weakest in three years, making bullion ch
Published 26 Jan, 2018 12:00am
US MIDDAY: soyabeans drop

US MIDDAY: soyabeans drop

US soyabean futures turned lower after topping $10 a bushel for the first time in seven weeks on Thursday, retreating from gains fuelled by concerns about dry weather in rival exporter Argentina and a weaker US dollar. The market pulled back after rising
Published 26 Jan, 2018 12:00am
Gold surges in Europe
Exchange

Gold surges in Europe

Gold held near its highest since August 2016 on Thursday as a weak dollar helped it to extend gains of around 10 percent since mid-December, however prices ran into technical resistance at the peaks and investors booked profits. A rapidly weakening of the
Published 26 Jan, 2018 12:00am
Sugar, coffee and cocoa up

Sugar, coffee and cocoa up

Sugar, arabica coffee and New York cocoa futures on ICE rose on Thursday, on buying spurred by the sharply lower US dollar index. March raw sugar settled up 0.08 cent, or 0.6 percent, at 13.24 cents per lb, though spot prices remained near technically ove
Published 26 Jan, 2018 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures hit a one-month low on Thursday, weighed down by weakness in the dollar after the US Treasury Secretary said he welcomed a weaker currency, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre
Published 26 Jan, 2018 12:00am
Oil up on tight supply and weak dollar, Brent passes $71
Currency

Oil up on tight supply and weak dollar, Brent passes $71

Oil rose on Thursday, with global benchmark Brent at one point surging above $71 a barrel for the first time since 2014 on support from a weaker US dollar, tighter global supplies and a record run of declines in US crude inventories. "This latest pop is d
Published 26 Jan, 2018 12:00am
Base metals near multi-year peaks on weaker dollar
Exchange

Base metals near multi-year peaks on weaker dollar

Zinc and nickel rallied to multi-year highs on Thursday on a softer dollar and steadily declining inventories in London Metal Exchange-approved warehouses. Lead also rose to its highest in over seven years but ended the day lower.
Published 26 Jan, 2018 12:00am
Shanghai copper surges
Exchange

Shanghai copper surges

Shanghai Futures Exchange copper rallied 2.1 percent to close at 53,840 yuan ($8,500.16) a tonne on Thursday, bouncing back from Wednesday's dive, and posting its biggest daily jump since August 17. Shanghai nickel rose 4.3 percent at the open and was fin
Published 26 Jan, 2018 12:00am
Malaysian palm oil drops
Exchange

Malaysian palm oil drops

Malaysian palm oil futures fell by more than 1 percent in evening trade on Thursday as a stronger ringgit helped to halt a three-session run of gains. The ringgit, palm's currency of trade, has risen steadily since the start of the year and was up 0.7 per
Published 26 Jan, 2018 12:00am
Trump touts 'America First' to sceptical Davos elite
Exchange

Trump touts 'America First' to sceptical Davos elite

US President Donald Trump swaggered into the lion's den to confront the world's political and business elite on Thursday, as his "America First" administration executes an anti-globalist manifesto in trade, taxes and currency rates. A year after taking of
Published 26 Jan, 2018 12:00am
Trump says Palestinians 'disrespected' US, aid on hold

Trump says Palestinians 'disrespected' US, aid on hold

President Donald Trump insisted Thursday that Palestinians had "disrespected" the United States and threatened to withhold aid worth hundreds of millions of dollars until they agree to US-brokered peace talks. "They disrespected us a week ago by not allow
Published 26 Jan, 2018 12:00am
Venezuela declares Spanish ambassador 'persona non grata'

Venezuela declares Spanish ambassador 'persona non grata'

Venezuela on Thursday declared Spain's ambassador to Caracas "persona non grata," accusing Madrid of committing "continuous aggressions" against the Socialist government of President Nicolas Maduro. The declaration came a day after Venezuela recalled its
Published 26 Jan, 2018 12:00am
Hundreds of children sickened, dead in Papua health crisis

Hundreds of children sickened, dead in Papua health crisis

Some 800 children have been sickened by a measles-and-malnutrition outbreak in Indonesia's remote Papua province, officials said Thursday, with as many as 100 other people, mostly toddlers, feared to have been killed. The latest figures mark an escalation
Published 26 Jan, 2018 12:00am
Record rain across soggy France keeps Seine rising

Record rain across soggy France keeps Seine rising

The Seine continued to rise Thursday, covering quays in muddy water and putting museums on an emergency footing as record rainfall pushed rivers over their banks across northeastern France. The Seine is expected to reach a peak of up to 6.2 metres (20.3 f
Published 26 Jan, 2018 12:00am
EU starts countdown to settle refugee quotas row by June

EU starts countdown to settle refugee quotas row by June

EU ministers stuck Thursday to opposing east-west camps as they launched talks to try and overhaul Europe's asylum rules by June when the three-year-old migration crisis could flare anew. Bulgaria, which holds the six-month rotating EU presidency ending J
Published 26 Jan, 2018 12:00am
French lawmakers banned from wearing religious symbols

French lawmakers banned from wearing religious symbols

France's parliament has banned lawmakers from wearing any religious symbols under a new "neutral" dress code, an extension of the country's strict secular rules that is seen as going too far by some critics. Under the change approved late Wednesday, membe
Published 26 Jan, 2018 12:00am
US aircraft carrier to make historic visit to Vietnam

US aircraft carrier to make historic visit to Vietnam

A US aircraft carrier will port in Vietnam in March, military officials said Thursday, a first for the allies and former foes as they seek to counter Beijing's growing might in the disputed South China Sea. The announcement came as US defence secretary Ji
Published 26 Jan, 2018 12:00am
Qatar in talks for Russian S-400 missile systems

Qatar in talks for Russian S-400 missile systems

Qatar is finalising a deal to buy Russian S-400 air defence systems, the isolated Gulf state's ambassador to Moscow said Thursday. "Negotiations in this direction are in an advanced stage," Fahad bin Mohammed Al-Attiyah told Russia's TASS state news agenc
Published 26 Jan, 2018 12:00am
UN hosts 'crucial' Syria peace talks in Vienna

UN hosts 'crucial' Syria peace talks in Vienna

The United Nations led fresh efforts Thursday to jump-start Syrian peace talks that Western countries and the opposition fear are being undermined by a separate Russian diplomatic push. The two days of talks in Vienna come after eight previous rounds in G
Published 26 Jan, 2018 12:00am
China invited to take part in major US-led naval exercise

China invited to take part in major US-led naval exercise

China has been invited to participate in a major US-led naval exercise, Chinese officials said Thursday, despite tensions between Beijing and Washington over activity in the disputed South China Sea. The Chinese military took part in the RIMPAC drill, bil
Published 26 Jan, 2018 12:00am
Spain ruling party apologises over 'illegal financing'
Exchange

Spain ruling party apologises over 'illegal financing'

Spain's ruling party apologised to its voters Thursday after a former official claimed in court that it received "dirty money" for election campaigns in the eastern region of Valencia. "I'm ashamed and I apologise for the bad conduct of some people, to th
Published 26 Jan, 2018 12:00am
Quantum physics scientist named 'Australian of Year'

Quantum physics scientist named 'Australian of Year'

A groundbreaking quantum physics professor was named "Australian of the Year" on Thursday for her work heralded as ushering in a new era for computer science. British-born Michelle Yvonne Simmons, 50, and her team at the University of New South Wales crea
Published 26 Jan, 2018 12:00am
Freezing Tokyo sees most ambulance calls for 80 years

Freezing Tokyo sees most ambulance calls for 80 years

Tokyo's ambulance service has experienced its busiest day in more than 80 years, officials said Thursday, amid icy conditions as the Japanese capital shivers through its coldest temperatures in decades. The Tokyo fire department, which runs the ambulance
Published 26 Jan, 2018 12:00am
Pakistan finally overcome Blacks Caps with T20 win

Pakistan finally overcome Blacks Caps with T20 win

Pakistan crushed New Zealand by 48 runs in the second T20 in Auckland on Thursday to notch their first victory of the tour over the Black Caps. The tourists finally found form with both bat and ball to level the three-match T20 series after a humiliating
Published 26 Jan, 2018 12:00am
North Korean Olympic ice hockey players arrive in South

North Korean Olympic ice hockey players arrive in South

A dozen North Korean female ice hockey players joined their Southern counterparts Thursday to form a unified team - the Koreas' first for nearly three decades - at next month's Winter Olympics. The Pyeongchang Winter Games have triggered an apparent rappr
Published 26 Jan, 2018 12:00am
Sri Lanka reach tri-nation final

Sri Lanka reach tri-nation final

Suranga Lakmal led Sri Lankan bowlers on a confidence-boosting rampage to skittle out Bangladesh for 82 on Thursday and guide his side into the final of the Dhaka tri-nation tournament. Openers Upul Tharanga (39) and Danushka Gunathilaka (35) sped to the
Published 26 Jan, 2018 12:00am
18 Russians cleared to compete

18 Russians cleared to compete

Reigning world outdoor high jump champion Mariya Lasitskene is among 18 Russian athletes cleared to compete so far this year as neutrals, the IAAF said on Thursday. The sport's governing body said that while the Russian national federation remained banned
Published 26 Jan, 2018 12:00am
Jalaluddin named chief selector of women cricket

Jalaluddin named chief selector of women cricket

Pakistan Cricket Board (PCB) has announced a three-member Women's Selection Committee headed by former Test Cricketer Jalaluddin. Akhtar Sarfaraz and Asmavia Iqbal are the members of the selection committee. The selection committee will further be working
Published 26 Jan, 2018 12:00am
Replacement Draft for PSL-III on January 29

Replacement Draft for PSL-III on January 29

The Replacement Draft for the third season of the HBL-Pakistan Super League-III (PSL-III) will be held on January 29. Teams will draft replacements for fully and partially unavailable players, a PCB spokesman said on Thursday. The third edition of HBL-PSL
Published 26 Jan, 2018 12:00am
TPL Corp holds Futsal tournament

TPL Corp holds Futsal tournament

TPL Corp organised a Futsal tournament at Rahat Stadium - DHA, for players studying in different schools of Karachi. As many as eight teams participated in the tournament while Gunners bagged the first position defeating Citizens in finals. Ibrahim from t
Published 26 Jan, 2018 12:00am
Halep, Wozniacki in winner-takes-all final
Kerb

Halep, Wozniacki in winner-takes-all final

Simona Halep survived a three-set thriller against Angelique Kerber Thursday to set up a winner-takes-all Australian Open final against Caroline Wozniacki, where the number one ranking will be on the line. The Romanian said for a fleeting moment she thoug
Published 26 Jan, 2018 12:00am
Cilic ends Edmund's run to power into Open final

Cilic ends Edmund's run to power into Open final

Marin Cilic dominated British hope Kyle Edmund in straight sets to become the first Croatian to reach the final of the Australian Open on Thursday. The world No.6 powered into his third Grand Slam decider with a 6-2, 7-6 (7/4), 6-2 win in 2hr 18min on Rod
Published 26 Jan, 2018 12:00am
India edge ahead on difficult pitch

India edge ahead on difficult pitch

Wickets tumbled and batsmen were struck on the fingers and body as South Africa and India battled for supremacy on the second day of the third and final Test on Thursday. Hashim Amla's 61 enabled South Africa to squeeze into a seven-run first innings lead
Published 26 Jan, 2018 12:00am
German business morale jumps back to match historic high
Exchange

German business morale jumps back to match historic high

German business confidence rose unexpectedly in January to match November's record high, a survey showed on Thursday, suggesting that Europe's biggest economy continued to fire on all cylinders at the beginning of 2018 despite a stronger euro. The surpris
Published 26 Jan, 2018 12:00am
Fiat Chrysler nearly doubles profits

Fiat Chrysler nearly doubles profits

Italian-US carmaker Fiat Chrysler said Thursday that its net profit nearly doubled in 2017, outpacing analysts' expectations, but it downgraded its sales target for the current year. Fiat Chrysler said in a statement that net profit soared by 93 percent t
Published 26 Jan, 2018 12:00am
US new home sales post largest drop in 16 months; jobless claims up

US new home sales post largest drop in 16 months; jobless claims up

Sales of new US single-family homes fell more than expected in December, recording their biggest drop in nearly 1-1/2 years, likely as the boost from the replacement of flood-damaged houses in parts of the South affected by hurricanes faded. Other data on
Published 26 Jan, 2018 12:00am
UK sandwich eating produces same CO2 as 'millions of cars'

UK sandwich eating produces same CO2 as 'millions of cars'

Britain's annual sandwich consumption produces the same amount of carbon dioxide as more than eight million cars, according to a study published on Thursday. Around 11.5 billion sandwiches are consumed each year in Britain, half of which are homemade and
Published 26 Jan, 2018 12:00am
Message from Chief Collector (Enforcement South) FBR
Currency

Message from Chief Collector (Enforcement South) FBR

The International Customs day is celebrated on 26th of January every year by the global Customs fraternity to showcase Customs achievements and contribution in facilitation of trade and enforcement of Customs controls for protection of societies from the
Published 26 Jan, 2018 12:00am
Pakistan Customs taking centre stage in economic development

Pakistan Customs taking centre stage in economic development

International trade is the mainstay of world economic growth and development. Socio-economic ties generated through international trade guarantee our world's peace, stability and security. The role of customs administrations in creating a conducive enviro
Published 26 Jan, 2018 12:00am
A secure business environment for economic development

A secure business environment for economic development

Introduction The World Customs Organization (WCO) is dedicating 2018 to the security of the business environment, with the slogan 'A secure business environment for economic development'. In this context, member countries are encouraged to review
Published 26 Jan, 2018 12:00am
Role of customs in secure business environment

Role of customs in secure business environment

Internationally, 26th January is celebrated as an International Customs Day (ICD) under the auspices of the World Customs Organization (WCO) since the Convention establishing the Customs Co-operation Council was officially inaugurated in Brussels on 26th
Published 26 Jan, 2018 12:00am
Customs and security of business environment at Quetta
Exchange

Customs and security of business environment at Quetta

Pakistan Customs, as a Member Administration of the World Customs Organization (WCO), has always endeavored to adopt international best practices in discharging its duties for facilitating trade and securing the economic frontiers of the country. Internat
Published 26 Jan, 2018 12:00am
Message from Chairman Supreme Council (APCAA)

Message from Chairman Supreme Council (APCAA)

The World Customs Organization (WCO) announced it will formally unveil its theme for next year entitled Secure Business Environment for Economic Development" to find ways for customs to support and enhance the security of the business environment.
Published 26 Jan, 2018 12:00am
Message from General Secretary (2017-2018) KCAA

Message from General Secretary (2017-2018) KCAA

It is a matter of great pleasure for me to extend warm felicitations to the Federal Board of Revenue and Pakistan Customs on the occasion of the 66th anniversary of International Customs Day on 26th January 2018. Pakistan joins World Customs Organization
Published 26 Jan, 2018 12:00am
Message from President (2017-2018) KCAA

Message from President (2017-2018) KCAA

On the auspicious occasion of International Customs Day which is celebrated every year on the 26th of January by the World Customs Community across the globe, I extend my warm felicitations to officials of the Pakistan Customs. The World Customs organizat
Published 26 Jan, 2018 12:00am
Message from Collector Customs Faisalabad

Message from Collector Customs Faisalabad

Pakistan Customs, as member of global Customs fraternity under the auspices of World Customs Organization (WCO), plays a key role in ensuring the smooth flow of international trade originating from, coming to or passing through Pakistan. The department fa
Published 26 Jan, 2018 12:00am
Message from Prime Minister

Message from Prime Minister

Pakistan is celebrating the International Customs Day on 26 January 2018, along with other member countries of the World Customs Organization, to acknowledge the contribution of Customs institutions around the world in maintaining secure borders in relati
Published 26 Jan, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday for the fourth time in five sessions, lifted by a bump in soyaoil prices. Volumes were light as funds that trade on technical factors and farmers were seen on the sidelines, a trader said. March canola gained $2
Published 26 Jan, 2018 12:00am
Asia's gasoline margins to lowest since 2015

Asia's gasoline margins to lowest since 2015

Asia's gasoline margins are at their lowest in three years as plentiful supplies, off-peak demand and a steady rise in crude oil have undercut profit for the refined fuel. Asia's average gasoline margin or crack for Jan. 2-23 was at a $7.49-a-barrel premi
Published 26 Jan, 2018 12:00am
CBOT corn futures lower

CBOT corn futures lower

Chicago Board of Trade corn futures were slightly lower on Tuesday, weighed down by technical selling and abundant global grain supplies, traders said. Wheat prices eased about 1 percent and that weakness spilled over into the corn market.
Published 26 Jan, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,404. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6,807 billion and the number of lots traded was 14,789.
Published 26 Jan, 2018 12:00am
Message from Chairman Federal Board of Revenue
Exchange

Message from Chairman Federal Board of Revenue

As Pakistan Customs celebrates International Customs Day on 26th January, 2018 along with other Customs Administrations across the world, I congratulate all officers and officials of Customs on this special day. This year, the International Customs Day he
Published 26 Jan, 2018 12:00am
Message from Secretary General WCO
Exchange

Message from Secretary General WCO

Each year, the WCO Secretariat chooses a theme that is relevant to the international Customs community. The slogan chosen for 2018 is "A secure business environment for economic development." Under this banner, Members of the WCO are encouraged to look at
Published 26 Jan, 2018 12:00am
Message from Member (Customs), Federal Board of Revenue
Exchange

Message from Member (Customs), Federal Board of Revenue

With the rapid spread of globalization, international trade and cross border investment flows are increasingly seen as the main elements of the global marketplace. Since international trade acts as a vehicle for economic development, Customs Administratio
Published 26 Jan, 2018 12:00am
Message from Special Assistant to the PM on Revenue

Message from Special Assistant to the PM on Revenue

With the passage of time, the role of Customs Administrations has diversified. Not only are Customs Administrations responsible for revenue collection but also for safeguarding society from possible threats to public health and security. The effective man
Published 26 Jan, 2018 12:00am
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