AGL 38.18 Decreased By ▼ -0.22 (-0.57%)
AIRLINK 142.98 Increased By ▲ 7.98 (5.91%)
BOP 5.07 Decreased By ▼ -0.02 (-0.39%)
CNERGY 3.77 Decreased By ▼ -0.02 (-0.53%)
DCL 7.56 Decreased By ▼ -0.03 (-0.4%)
DFML 44.48 Increased By ▲ 0.03 (0.07%)
DGKC 76.25 Decreased By ▼ -1.15 (-1.49%)
FCCL 26.95 Increased By ▲ 0.07 (0.26%)
FFBL 52.00 Decreased By ▼ -0.97 (-1.83%)
FFL 8.52 Decreased By ▼ -0.02 (-0.23%)
HUBC 125.51 Increased By ▲ 1.71 (1.38%)
HUMNL 9.99 Increased By ▲ 0.05 (0.5%)
KEL 3.74 Increased By ▲ 0.01 (0.27%)
KOSM 8.15 Increased By ▲ 0.07 (0.87%)
MLCF 34.75 Increased By ▲ 1.05 (3.12%)
NBP 58.71 Increased By ▲ 0.22 (0.38%)
OGDC 154.50 Increased By ▲ 4.55 (3.03%)
PAEL 25.15 Increased By ▲ 0.45 (1.82%)
PIBTL 5.93 Increased By ▲ 0.08 (1.37%)
PPL 118.31 Increased By ▲ 6.66 (5.97%)
PRL 24.38 Increased By ▲ 0.48 (2.01%)
PTC 12.00 Decreased By ▼ -0.10 (-0.83%)
SEARL 56.00 Decreased By ▼ -0.89 (-1.56%)
TELE 7.05 Increased By ▲ 0.05 (0.71%)
TOMCL 34.99 Decreased By ▼ -0.16 (-0.46%)
TPLP 6.98 Decreased By ▼ -0.07 (-0.99%)
TREET 13.98 Decreased By ▼ -0.18 (-1.27%)
TRG 46.10 Decreased By ▼ -0.13 (-0.28%)
UNITY 26.00 Decreased By ▼ -0.08 (-0.31%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 8,822 Increased By 86.7 (0.99%)
BR30 26,723 Increased By 466.7 (1.78%)
KSE100 83,532 Increased By 810.2 (0.98%)
KSE30 26,710 Increased By 328 (1.24%)
Oct 06, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-02-13
Most Southeast Asian stocks up

Most Southeast Asian stocks up

Most Southeast Asian stock markets finished higher on Monday tracking US stocks which gained more than 1 percent in the previous session, restoring some confidence in investors. S&P 500 e-mini futures rose 0.30 pct late Sunday as trading reopened after th
Published 13 Feb, 2018 12:00am
European shares bounce back after turbulent week

European shares bounce back after turbulent week

European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalisation last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index close 1.2 percen
Published 13 Feb, 2018 12:00am
Australian, New Zealand shares down

Australian, New Zealand shares down

Australian shares lost 0.3 percent on Monday, dragged down by financials as a government-led inquiry into the scandal-hit banking sector's selling tactics got underway. The benchmark S&P/ASX 200 index recovered some losses to finish the session 0.3 percen
Published 13 Feb, 2018 12:00am
FTSE rebounds as commodities stocks recover

FTSE rebounds as commodities stocks recover

British shares rebounded on Monday after a tough week, thanks to a relief rally in commodities stocks. But with market volatility tipped to stay elevated, investors were divided over whether to buy the dip. The FTSE 100 was up 1.2 percent at 7,177.06 poin
Published 13 Feb, 2018 12:00am
Morocco tops 11-million mark in record tourism year
Currency

Morocco tops 11-million mark in record tourism year

Morocco recorded a bumper year for tourist arrivals in 2017, breaking through the 11-million barrier for the first time, the tourism ministry announced Monday. Visitor arrivals numbered some 11.4 million, a 10-percent increase over 2016, with tourists fro
Published 13 Feb, 2018 12:00am
China's new loans surge to record 2.9 trillion yuan, blow past forecasts

China's new loans surge to record 2.9 trillion yuan, blow past forecasts

China's banks extended a record 2.9 trillion yuan ($458.3 billion) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic growth while reining in debt risks. While Chi
Published 13 Feb, 2018 12:00am
Amazon paid $90 millions for camera maker's chip technology

Amazon paid $90 millions for camera maker's chip technology

Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup's energy-efficient chips, people familiar with the matter told Reuters. The deal's rationale and price tag, previously
Published 13 Feb, 2018 12:00am
Comcast ponders new bid for 21st Century Fox

Comcast ponders new bid for 21st Century Fox

US cable company Comcast, which in December dropped an attempt to acquire 21st Century Fox, is considering relaunching that bid even though Walt Disney Co. has reached a deal, the Wall Street Journal reported. The report, based on sources close to the mat
Published 13 Feb, 2018 12:00am
European firms downplay Brexit fallout

European firms downplay Brexit fallout

Despite often bad-tempered divorce negotiations, a majority of European businesses believe that EU-UK ties will continue without major disruption after Brexit, a survey revealed on Monday. The surprising result came in a poll of 2,500 "senior decision mak
Published 13 Feb, 2018 12:00am
Greece to claim back money in Novartis corruption case

Greece to claim back money in Novartis corruption case

Greece will claim billions of euros from Swiss pharmaceutical giant Novartis, Prime Minister Alexis Tsipras said Monday as he called on parliament to investigate bribes allegedly paid to prominent politicians. "The government will not give up the claim to
Published 13 Feb, 2018 12:00am
European group to bid for Malaysia-Singapore high-speed train
Exchange

European group to bid for Malaysia-Singapore high-speed train

A powerful European consortium that includes Alstom and Siemens has partnered with a Malaysian firm to bid for a high-speed train project connecting Malaysia and Singapore, the companies announced Monday. The consortium is expected to face an array of com
Published 13 Feb, 2018 12:00am
Record 2017 sales set up Puma to score at World Cup
Currency

Record 2017 sales set up Puma to score at World Cup

German sportswear firm Puma on Monday reported record revenues in 2017, with celebrity sparkle from Rihanna and the football World Cup set to maintain the leaping-cat brand's appeal into 2018. Net profit at the Bavaria-based company more than doubled last
Published 13 Feb, 2018 12:00am
EU watchdogs warn consumers of cryptocurrency 'pricing bubble'
Exchange

EU watchdogs warn consumers of cryptocurrency 'pricing bubble'

Virtual currencies such as bitcoin have shown clear signs of a pricing bubble and consumers could lose all their money, the European Union's banking, securities and insurance watchdogs said on Monday. Bitcoin, the best known cryptocurrency, rose more than
Published 13 Feb, 2018 12:00am
Shanghai copper down
Exchange

Shanghai copper down

Shanghai Futures Exchange copper closed down 0.2 percent at 51,710 yuan ($8,202.47) a tonne on Monday, having hit its weakest since late September amid a decline in China's metals markets ahead of the Lunar New Year. Open interest is at the highest in nea
Published 13 Feb, 2018 12:00am
Weaker dollar bumps copper up from two-month low
Exchange

Weaker dollar bumps copper up from two-month low

Copper prices rose on Monday from a two-month low last week, helped by a weaker dollar and more stable global markets that encouraged a return to riskier assets. A weaker dollar makes metals cheaper for users of other currencies and can spur demand.
Published 13 Feb, 2018 12:00am
Surging US output 'a concern' for oil market: Opec

Surging US output 'a concern' for oil market: Opec

Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to throttle output, but surging shale production in the United States could throw a spanner i
Published 13 Feb, 2018 12:00am
Oil rises as global markets stabilise, dollar slips

Oil rises as global markets stabilise, dollar slips

Oil rose on Monday, as it began to recoup some of last week's steep losses as global equities steadied after their biggest one-week decline in two years. Brent crude futures rose 67 cents, or 1.1 percent, to $63.46 a barrel by 10:55 am EST [1555 GMT]. US
Published 13 Feb, 2018 12:00am
West Africa to meet cocoa demand: Cargill

West Africa to meet cocoa demand: Cargill

West Africa is meeting an ever larger share of the world's booming demand for chocolate, as other cocoa-growing regions in the Americas and Southeast Asia see crops stagnate and farmers move into other areas, Cargill's Africa director said.
Published 13 Feb, 2018 12:00am
Palm oil climbs to one-month peak
Vegetable Oil

Palm oil climbs to one-month peak

Malaysian palm oil futures rose to their highest in a month on Monday evening, charting a fourth day of gains after supportive export data from the Malaysian Palm Oil Board (MPOB). The benchmark palm oil contract for April delivery on the Bursa Malaysia D
Published 13 Feb, 2018 12:00am
Raw sugar climbs; New York cocoa slips

Raw sugar climbs; New York cocoa slips

Raw sugar futures edged higher on Monday, extending gains on speculative short-covering and expectations for tighter nearby supply, while cocoa prices slipped on chart-based selling. March raw sugar was up 0.14 cents, or 1 percent, at 13.81 cents per lb b
Published 13 Feb, 2018 12:00am
Gold surges in Asia

Gold surges in Asia

Gold prices rose on Monday as the US dollar slipped after last week's rally though investors are watching for inflation data from the United States later this week for signs of the intensity of expected US interest rate increases.
Published 13 Feb, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold prices rose on Monday as the dollar steadied, but gains are expected to be muted ahead of inflation data from the United States later this week that could mean US interest rates rise faster than expected. Spot gold was up 0.4 percent at $1,321.28 an
Published 13 Feb, 2018 12:00am
US MIDDAY: soya, wheat and corn up

US MIDDAY: soya, wheat and corn up

US soyabean futures rallied on Monday, led higher by a surging soyameal market, on fresh concerns about hot and dry weather limiting crop production in Argentina, traders said. Wheat futures also rose, with the benchmark Chicago Board of Trade March futur
Published 13 Feb, 2018 12:00am
US MIDDAY: gold moves up

US MIDDAY: gold moves up

Gold prices rose on Monday as the dollar eased, but gains are expected to be muted ahead of inflation data from the United States later this week that could mean US interest rates rise faster than expected. Spot gold was up 0.5 percent at $1,323.16 an oun
Published 13 Feb, 2018 12:00am
Baseball: former MLB pitcher Loaiza arrested on drug charges

Baseball: former MLB pitcher Loaiza arrested on drug charges

Former Major League Baseball pitcher Esteban Loaiza, a two-time All-Star who won 126 games playing for eight teams, has been arrested in California on drug charges, authorities said. The Mexican-born Loaiza, 46, was arrested on Friday, the San Diego Count
Published 13 Feb, 2018 12:00am
Football fans to return to stadiums for Egypt league games

Football fans to return to stadiums for Egypt league games

Limited numbers of football fans are to be allowed into stadiums for league matches in Egypt for the first time since deadly riots in 2012, the country's football federation said Monday. Mostafa Tantawi, a spokesman for the federation, told AFP that up to
Published 13 Feb, 2018 12:00am
Cricket South Africa investigates Imran Tahir racial slur
Exchange

Cricket South Africa investigates Imran Tahir racial slur

South African leg-spinner Imran Tahir was allegedly subjected to racial abuse during the fourth one-day international against India at the Wanderers Stadium last Saturday. In a brief statement, Cricket South Africa said it was aware of video footage of Ta
Published 13 Feb, 2018 12:00am
Rusty Serena defeated on long-awaited return

Rusty Serena defeated on long-awaited return

Serena Williams made her long-awaited comeback to tennis on Sunday but the 23-time Grand Slam title winner and former world number one suffered defeat, playing alongside big sister Venus in a Fed Cup dead rubber. They lost 6-2, 6-3 to the Dutch pairing of
Published 13 Feb, 2018 12:00am
Dutch skater Wust eclipses Blankers-Koen with fifth gold

Dutch skater Wust eclipses Blankers-Koen with fifth gold

Speed skater Ireen Wust surpassed legendary sprinter Fanny Blankers-Koen as she became the first Dutch athlete to win five Olympic gold medals on Monday. Wust, 31, won the 1,500m at the Pyeongchang Winter Games in 1min, 54.35secs, defeating Japan's Miho T
Published 13 Feb, 2018 12:00am
Bach dismisses 'hijack' fears as unified Korean team thrashed again

Bach dismisses 'hijack' fears as unified Korean team thrashed again

Olympic chief Thomas Bach dismissed concerns North Korea had tried to "hijack" the Pyeongchang Winter Games on Monday as the unified Korean ice hockey team saw their hopes dashed after another heavy defeat. On a day when strong winds caused a series of fa
Published 13 Feb, 2018 12:00am
Smith wins Border Medal

Smith wins Border Medal

Australia cricket captain Steve Smith capped off a golden 12 months by winning his second Allan Border Medal in Melbourne on Monday. Smith, hailed as the country's finest batsman since Donald Bradman, polled 246 votes, well ahead of two-time medal winner
Published 13 Feb, 2018 12:00am
St Andrews to stage 150th British Open in 2021

St Andrews to stage 150th British Open in 2021

The 150th British Open will be played on the Old Course at St Andrews, tournament organisers announced Monday. Situated in the seaside town of the same name, northeast of Edinburgh, St Andrews is known as the 'home of golf'.
Published 13 Feb, 2018 12:00am
Spring Polo Cup 2018 begins

Spring Polo Cup 2018 begins

The 12-goal Spring Polo Cup 018 will stroll into action here at the Lahore Polo Club (LPC) ground on Tuesday (today). Lahore Polo Club President Irfan Ali Hyder has said that top eight teams have been participating in this 12-gaol tournament, which includ
Published 13 Feb, 2018 12:00am
Syria fighting worse since call for truce: UN

Syria fighting worse since call for truce: UN

Fighting has only worsened in Syria in the week since the United Nations called for a month-long ceasefire, the UN's humanitarian coordinator in Damascus warned Monday. The UN made an urgent plea last Tuesday for warring sides in Syria to temporarily lay
Published 13 Feb, 2018 12:00am
Tillerson in Egypt at start of Middle East tour

Tillerson in Egypt at start of Middle East tour

US Secretary of State Rex Tillerson held talks Monday in Cairo with Egyptian President Abdel Fattah al-Sisi and Foreign Minister Sameh Shoukry at the start of a Middle East tour. Tillerson landed in Cairo late Sunday and had dinner with Shoukry.
Published 13 Feb, 2018 12:00am
Turkey warns US to make or break strained ties

Turkey warns US to make or break strained ties

Turkey on Monday warned the United States it was time to either make or break ties between the NATO allies that have strained badly over the Turkish operation in Syria, days ahead of key talks with Washington's top diplomat. US Secretary of State Rex Till
Published 13 Feb, 2018 12:00am
Iraq sentences ex-minister to 21 years for corruption

Iraq sentences ex-minister to 21 years for corruption

Iraq on Monday sentenced a former trade minister to 21 years in jail for corruption, weeks after Interpol handed him to authorities, a government source said. Abdel Falah al-Sudani, who served as trade minister following the 2003 US-led invasion that topp
Published 13 Feb, 2018 12:00am
Retrial for tax-dodging French ex-minister

Retrial for tax-dodging French ex-minister

France's former budget minister Jerome Cahuzac faces a retrial starting Monday after he was handed a three-year jail sentence for tax fraud in one of the biggest scandals of Francois Hollande's presidency. Cahuzac resigned in 2013 after becoming a source
Published 13 Feb, 2018 12:00am
Thousands protest jailing of Khaleda Zia

Thousands protest jailing of Khaleda Zia

Thousands of Bangladeshi opposition supporters staged rallies across the country on Monday demanding the release of their jailed leader Khaleda Zia and free and fair elections. Zia, twice prime minister in the Muslim-majority nation of 160 million, was im
Published 13 Feb, 2018 12:00am
Thousands of websites infected by 'crypto mining' malware
Currency

Thousands of websites infected by 'crypto mining' malware

Thousands of websites around the world, including many operated by governments, have been infected by hackers using the sites' computing power to "mine" cryptocurrencies, security researchers said. The attack is the first major incident made public in whi
Published 13 Feb, 2018 12:00am
Sirleaf wins prestigious Ibrahim Prize for African leadership

Sirleaf wins prestigious Ibrahim Prize for African leadership

Former Liberian president Ellen Johnson Sirleaf on Monday won the rarely-awarded Ibrahim Prize for Achievement in African Leadership - the world's biggest individual prize. The prize only goes to a democratically-elected African leader who has demonstrate
Published 13 Feb, 2018 12:00am
Putin discusses Middle East with Trump, hosts Abbas

Putin discusses Middle East with Trump, hosts Abbas

Russian President Vladimir Putin said Monday at the start of talks with Palestinian leader Mahmud Abbas that he had discussed the Middle East conflict with his US counterpart Donald Trump. "I just spoke with American President Trump," Putin told Abbas bef
Published 13 Feb, 2018 12:00am
One killed, 22 injured in Austrian train collision

One killed, 22 injured in Austrian train collision

Two passenger trains collided Monday in central Austria, killing one person and injuring 22 others, the police told AFP. Police said the accident happened a little before 1 pm (1200 GMT) at Niklasdorf station in Styria province. The cause of the crash has
Published 13 Feb, 2018 12:00am
Sri Lanka ex-leader demands snap polls after victory

Sri Lanka ex-leader demands snap polls after victory

Sri Lanka's former leader Mahinda Rajapakse on Monday demanded a snap general election and challenged his successor's right to govern after drubbing the ruling coalition in crucial mid-term polls. Rajapakse's new party secured two-thirds of Sri Lanka's co
Published 13 Feb, 2018 12:00am
Oxfam deputy head resigns after Haiti sex scandal

Oxfam deputy head resigns after Haiti sex scandal

The deputy chief executive of Oxfam resigned on Monday over the British charity's handling of a prostitution scandal in Haiti involving its staff members and allegations of similar behaviour in Chad. "As programme director at the time, I am ashamed that t
Published 13 Feb, 2018 12:00am
White House unveils initiative to revamp US infrastructure

White House unveils initiative to revamp US infrastructure

President Donald Trump on Monday unveiled an ambitious proposal to renew American infrastructure, in a plan he said was a shift focus back to domestic priorities after years of war. The new infrastructure initiative includes $200 billion in public funds,
Published 13 Feb, 2018 12:00am
Ankara to name US embassy street after Syria operation: mayor

Ankara to name US embassy street after Syria operation: mayor

The street in Ankara where the American embassy is located will be renamed after Turkey's operation against a Kurdish militia in Syria that has sparked concern in Washington, the mayor of the Turkish capital said Monday. The renaming of the street in the
Published 13 Feb, 2018 12:00am
Highly impressive performance of Turkish Airlines

Highly impressive performance of Turkish Airlines

The national flag carrier of Turkey, Turkish Airlines carried a historic 5.7 million passengers in January 2018 which is up by 37 percent. Around five million passenger level is exceeded first time in Turkish Airlines history for the month of January. Tur
Published 13 Feb, 2018 12:00am
An update of Balance of payment
Exchange

An update of Balance of payment

Pakistan's balance of payments has remained under severe pressure over the last one year with current account deficit surging to $12.4 billion (or 4.1% of GDP) in 2016-17 from almost $5 billion (1.7% of GDP) a year ago (2015-16). The country's balance of
Published 13 Feb, 2018 12:00am
Amreli Steels Limited
Mutual Funds

Amreli Steels Limited

Amreli Steels Limited (PSX: ASTL) is a renowned name in the steel manufacturing industry being a leading player in the production of steel reinforcement bars (re-bars) in Pakistan. The company began its operations over 50 years ago with small facilities t
Published 13 Feb, 2018 12:00am
Amreli Steels Limited
Mutual Funds

Amreli Steels Limited

Amreli Steels Limited (PSX: ASTL) is a renowned name in the steel manufacturing industry being a leading player in the production of steel reinforcement bars (re-bars) in Pakistan. The company began its operations over 50 years ago with small facilities t
Published 13 Feb, 2018 12:00am
Punjab government to utilize CFMP data for developmental purposes

Punjab government to utilize CFMP data for developmental purposes

The Punjab government has decided to utilize data of 'Citizen Feedback Monitoring Program (CFMP)' being operated by the Punjab Information Technology Board for comprehensive planning and development purposes. This was decided in a meeting of experts of PI
Published 13 Feb, 2018 12:00am
PPP Punjab grieved over Asma's death

PPP Punjab grieved over Asma's death

Pakistan People's Party (PPP) Punjab President Qamar Zaman Kaira has expressed deep sorrow and grief over the death of former President of Supreme Court Bar Association Asma Jehangir. Secretary General PPP Punjab Manzoor Ahmed also joined him in paying tr
Published 13 Feb, 2018 12:00am
FTO concerned at widening trade deficit

FTO concerned at widening trade deficit

The Federal Tax Ombudsman Mushtaq Ahmad Sukhera has said that FTO is taking all-out measures to address the taxpayers' grievances and rectify the complaints by carrying out independent investigations about Tax Maladministration. Addressing the members of
Published 13 Feb, 2018 12:00am
Tevta to help 1,000 people get leased cars: chairman

Tevta to help 1,000 people get leased cars: chairman

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that TEVTA will help its 1000 pass out of Driving Course to get leased cars from banks on easy installments. While talking to DIG Traffic Farooq Mazhar and
Published 13 Feb, 2018 12:00am
Refund cases: PRGMEA condemns delaying tactics

Refund cases: PRGMEA condemns delaying tactics

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has condemned the delaying tactics of the government in refund cases as the Finance ministry has not released entire funds even under the previous Rs 180 billion package of forme
Published 13 Feb, 2018 12:00am
British envoy calls on Hamza Shahbaz

British envoy calls on Hamza Shahbaz

Senior British diplomat Willaim Middleton met Hamza Shahbaz, central leader of Pakistan Muslim League-Nawaz (PML-N) and Member National Assembly, here on Monday and discussed bilateral ties and present political situation in the country. On the occasion,
Published 13 Feb, 2018 12:00am
Anti-polio campaign starts

Anti-polio campaign starts

A three-day national anti-polio campaign Monday kicked off with the objective to vaccinate more than 19.1 million children by 47,000 polio teams. Punjab Minister for Primary & Secondary Health (P&SH) Kh Imran Nazir, while inaugurating three-day national a
Published 13 Feb, 2018 12:00am
JI chief against horse-trading in Senate elections

JI chief against horse-trading in Senate elections

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that if the Election Commission failed to check horse trading in the Senate elections, the Chief Justice of Pakistan should take ssuo moto notice of the mater. Talking to the media on Monda
Published 13 Feb, 2018 12:00am
FCCI to compile budget proposals

FCCI to compile budget proposals

Faisalabad Chamber of Commerce & Industry (FCCI) will compile comprehensive budget proposals in addition to suggest ways and means for expanding much needed tax net in Pakistan, said Shabbir Hussain Chawla, FCCI president. He was chairing a special sessio
Published 13 Feb, 2018 12:00am
Nawaz, Maryam pay homage to Asma

Nawaz, Maryam pay homage to Asma

Former Prime Minister Nawaz Sharif accompanied by his daughter Maryam visited the residence of human rights activist and prominent lawyer late Asma Jahangir here on Monday. Expressing grief and sorrow over the untimely demise of human rights icon, Nawaz o
Published 13 Feb, 2018 12:00am
Removal of barricades: Punjab IGP for alternative security plan

Removal of barricades: Punjab IGP for alternative security plan

Punjab Inspector General of Police (IGP) Arif Nawaz Khan has ordered formation of an alternative co-ordinated security plan for the central police office (CPO), Governor House, and residence of Punjab Chief Minister besides other sensitive installations o
Published 13 Feb, 2018 12:00am
Uzbek foreign minister meets Asif

Uzbek foreign minister meets Asif

Abdulaziz Kamilov, Foreign Minister of the Republic of Uzbekistan, along with a four-member delegation, visited Islamabad on Monday, 12 February 2018. During the visit, the Foreign Minister met with the Foreign Minister of Pakistan, Khawaja Muhammad Asif.
Published 13 Feb, 2018 12:00am
Turkish company launches operations

Turkish company launches operations

Hayat Kimya, the FMCG company of a 3 billion USD turnover Turkish conglomerate 'Hayat Group' has proudly launched its operations in Pakistan with the introduction of Molfix [baby diapers] from the hygiene category, and Papia and Familia [toilet paper, pap
Published 13 Feb, 2018 12:00am
RCCI delegation meets Janjua

RCCI delegation meets Janjua

A three-member delegation of Rawalpindi Chamber of Commerce & Industry (RCCI) led by president Zahid Latif Khan called on Prime Minister's Advisor on National Security (NSA) Lieutenant-General Nasser Khan Janjua (retd) in Islamabad on Monday. Talking to t
Published 13 Feb, 2018 12:00am
Experts for skilled manpower, quality education

Experts for skilled manpower, quality education

Skilled manpower, quality education and knowledge-based economy, are imperative to compete with the rest of world, said University of Agriculture Faisalabad Vice Chancellor Dr Muhammad Iqbal Zafar. He addressed inaugural session of training workshop held
Published 13 Feb, 2018 12:00am
KCCI awards construction contract of new building to Times Group

KCCI awards construction contract of new building to Times Group

The Karachi Chamber of Commerce and Industry (KCCI) has awarded the contract for construction of KCCI building to Times Group Pvt. Limited. The construction work will begin from next week which will be completed within the next one-and-a-half year. "Each
Published 13 Feb, 2018 12:00am
CDWP approves 24 projects worth Rs 184.8 billion
Exchange

CDWP approves 24 projects worth Rs 184.8 billion

Central Development Working Party (CDWP) has approved as many as 24 projects valued at Rs 184.8 billion, out of which 10 projects worth Rs 169.6 billion were referred to the Executive Committee of National Economic Council (ECNEC). The CDWP also approved
Published 13 Feb, 2018 12:00am
Pakistan condoles tragic crash of Russian aircraft

Pakistan condoles tragic crash of Russian aircraft

The people and the government of Pakistan are deeply saddened at the tragic crash of a Russian passenger aircraft, resulting in the loss of seventy-one precious lives. "We convey our deepest sympathies and heartfelt condolences to the bereaved families,"
Published 13 Feb, 2018 12:00am
Hashoo Group welcomes Belgian chocolate expert chef

Hashoo Group welcomes Belgian chocolate expert chef

Renowned Belgian chef and chocolatier Marc Leon Pauquet arrived in Islamabad on Monday and was welcomed by the Hashoo Group, owner of the Marriott and Pearl Continental Hotels in Pakistan, as well as the Belgian Ambassador to Pakistan Fredric Verheyden. P
Published 13 Feb, 2018 12:00am
Turkish Ambassador calls on CoAS

Turkish Ambassador calls on CoAS

Ishan Mustafa Yurdakul, newly appointed Turkish Ambassador to Pakistan called on Chief of Army Staff (COAS) General Qamar Javed Bajwa, today at GHQ. The matters of mutual interest including regional security issues were discussed during the meeting. The t
Published 13 Feb, 2018 12:00am
'Plenty of products having potential to capture share in Thai market'

'Plenty of products having potential to capture share in Thai market'

Deputy Secretary General, Thai Chamber of Commerce and Industry, Board of Trade, Thailand, Kasemsit Pathomsak has said there are plenty of products having potential to capture share in Thai market but it needs effective marketing and promotional activitie
Published 13 Feb, 2018 12:00am
LCCI members asked to settle disputes through mediation

LCCI members asked to settle disputes through mediation

The Lahore Chamber of Commerce and Industry has urged its members to settle their dispute that would save their precious time, money and business reputation. LCCI Acting President Khawaja Khawar Rashid and Vice President Zeshan Khalil said that even the L
Published 13 Feb, 2018 12:00am
UK business team visits Standard Chartered, discusses various projects

UK business team visits Standard Chartered, discusses various projects

The UK Prime Minister's Trade Envoy to Pakistan Rehman Chishti MP led a delegation of six senior business representatives from the UK's financial, legal and professional services sector to discuss UK commercial participation in infrastructure projects in
Published 13 Feb, 2018 12:00am
FBR to prescribe documentation, CbC reporting requirements
Exchange

FBR to prescribe documentation, CbC reporting requirements

The Federal Board of Revenue (FBR) has decided to prescribe new documentation and country-by-country (CbC) reporting requirements under Multilateral Competent Authorities Agreements for taxpayers to furnish CbC reports and other information pertaining to
Published 13 Feb, 2018 12:00am
Additional charge

Additional charge

Senior Member Inland Revenue Policy, the Federal Board of Revenue (FBR), Dr Muhammad Iqbal has been assigned the additional charge of the post of Member (IR-Operations) FBR with immediate effect until further orders. The FBR issued a notification to this
Published 13 Feb, 2018 12:00am
Shipment of seafood to Xinjiang termed 'a milestone in connectivity'

Shipment of seafood to Xinjiang termed 'a milestone in connectivity'

The first shipment of about 1,150 kilograms of seafood imported directly from Pakistan has arrived in Urumqi, Northwest China's Xinjiang Uyghur Autonomous Region. According to the Chinese media, the China-Pakistan Economic Corridor (CPEC) has received an
Published 13 Feb, 2018 12:00am
More air cargo routes needed to enhance exports to China

More air cargo routes needed to enhance exports to China

More international air cargo routes between Pakistan and China's inland cities are needed to enhance seafood and fruits exports from Pakistan to China. In 2017, exports to Pakistan from China stood at $18.3 billion, while China's imports from Pakistan tot
Published 13 Feb, 2018 12:00am
Seven die of suffocation in Murree

Seven die of suffocation in Murree

As many as seven people have been killed due to incidents of suffocations in various areas of Murree on Monday. According to details, newly-wed couple died of suffocation in the area of Kashmiri Bazar, Village Essiwal. Shaukat tied-knot on Sunday but he a
Published 13 Feb, 2018 12:00am
Bone marrow extraction: CM orders probe

Bone marrow extraction: CM orders probe

Punjab Chief Minister Shahbaz Sharif has taken strict notice of a news item aired in a section of the media about extracting bone marrow from girls in Hafizabad. He has ordered to investigate the matter and also sought a report from the DPO Hafizabad. He
Published 13 Feb, 2018 12:00am
ANP leaders condole Asma Jahangir's demise

ANP leaders condole Asma Jahangir's demise

Awami National Party (ANP) central and provincial leaders have expressed profound grief and sorrow over the demise of well-known lawyer, rights activist and former president of Supreme Court Bar Association, Asma Jahangir.
Published 13 Feb, 2018 12:00am
OPF spells out its performance

OPF spells out its performance

Overseas Pakistanis Foundation (OPF) is a government organization mandated to protect the rights of overseas Pakistanis for the past 40 years. It has played a pivotal role in highlighting the problems faced by overseas Pakistanis and providing viable solu
Published 13 Feb, 2018 12:00am
USC sets up quality assurance wing

USC sets up quality assurance wing

The new strategy evolved for Utility Stores to harmonize its timing requirements. Quality assurance department has been established in the institution to improve the quality of food items. According to the details, the Utility Stores Corporation of Pakist
Published 13 Feb, 2018 12:00am
Conference on pulses, grains held

Conference on pulses, grains held

Pakistan's first Pulses and Grains Conference was held on Sunday hosted by Pakistan Pulses Importers Association (PPIA). The conference was organized in collaboration with Australian Trade and Investment Commission-Austrade (A department of the Government
Published 13 Feb, 2018 12:00am
Towel export grows to $381.232 million in July-December

Towel export grows to $381.232 million in July-December

The country's towel export grew to $381.232 million in July-December 2017, up by 0.33 percent, official figures say. Growth in towel export now stands at $1.251 million in July-December 2017 from $379.981 million in July-December 2016, Pakistan Bureau of
Published 13 Feb, 2018 12:00am
Iran hands over 45 illegal immigrants

Iran hands over 45 illegal immigrants

The Iranian authorities have handed over 45 illegal Pakistani immigrants to FIA at Taftan border. The detained people were living in Iran without valid travelling documents and were arrested in different cities of Iran and deported.
Published 13 Feb, 2018 12:00am
Condolence

Condolence

"Sarmad Ali, President and Umer Mujib Shami, Secretary General of the All Pakistan Newspapers Society (APNS) have expressed profound grief on behalf of APNS office-bearers and members of the Executive Committee over the sad demise of Shah Maqsood Ahmed fa
Published 13 Feb, 2018 12:00am
Fire breaks out in PSX building
Exchange

Fire breaks out in PSX building

A fire broke out in rooftop of Pakistan Stock Exchange (PSX) Broker's building on Monday. According to PSX statement the fire broke out in PSX broker's building at 3:40 pm, which was managed through PSX's firefighting system within 40 minutes without hamp
Published 13 Feb, 2018 12:00am
AJ&K President visits Aman Foundation

AJ&K President visits Aman Foundation

Sardar Masood Khan, President Azad Jammu and Kashmir (AJ&K) visited The Aman Foundation, to see the efforts made by the development sector in the education and health sectors of the society. President AJ&K visited the Aman Tech building where he interacte
Published 13 Feb, 2018 12:00am
H&H announces remittance reward scheme
Exchange

H&H announces remittance reward scheme

In order to promote home remittances through legal channel, H&H Exchange Company has announced launch of a mega reward scheme for beneficiaries of home remittances through Western Union. According to H&H Exchange Company Chairman Haji Haroon in collaborat
Published 13 Feb, 2018 12:00am
Exporters bag $3 million orders at 'Fruit Logistica'

Exporters bag $3 million orders at 'Fruit Logistica'

Exporters bagged some $3 million export orders at the recently held exhibition 'Fruit Logistica' in Berlin. Buyers from more than 30 countries participated in the exhibition and showed deep interest in buying fruits & vegetables from Pakistan. They demons
Published 13 Feb, 2018 12:00am
Previous Day