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Print - 2018-02-27
'Anarchy being spread,' tweets Saad

'Anarchy being spread,' tweets Saad

Anarchy and restlessness was being spread in the country through misuse of institutions linked with justice and accountability, said Minister for Railway Khawaja Saad Rafique. In a tweet posted on Monday, Saad referred to some elements concerned with just
Published 27 Feb, 2018 12:00am
Physical remand of Shahid Shafiq extended

Physical remand of Shahid Shafiq extended

An accountability court on Monday extended physical remand of Bismillah Engineering's proprietor Shahid Shafiq for seven days, facing charges of preparing false documents to win Aashiana Iqbal Housing project. The accused Shahid Shafiq will be produced ag
Published 27 Feb, 2018 12:00am
LHC moved against protest by PAS officers

LHC moved against protest by PAS officers

A senior bar member has approached the Lahore High Court against officers of Pakistan Administrative Services (PAS) for observing strike against arrest of DG Lahore Development Authority (LDA) Ahad Khan Cheema. The petitioner Humayun Faiz Rasool through A
Published 27 Feb, 2018 12:00am
The FATF challenge

The FATF challenge

Business Recorder editorial 'The FATF setback' carried by the newspaper yesterday has concluded by saying that "[A]fter what has happened the government and our security establishment have learnt their lesson and will move quickly to do all that is
Published 27 Feb, 2018 12:00am
'Emperor Xi' - China gambles on return to lifetime rule

'Emperor Xi' - China gambles on return to lifetime rule

China's Communist Party has handed President Xi Jinping an open path to indefinite rule - a move analysts warn carries enormous risks by abandoning a succession model that brought stability after turbulent decades under Mao. Xi, who has concentrated power
Published 27 Feb, 2018 12:00am
Prospects amidst uncertainty

Prospects amidst uncertainty

As the noose around the Sharifs tightens, the brothers have had an over three hours meeting at Nawaz Sharif's Jati Umra residence to discuss the PML-N's leadership crisis, strategy for the upcoming Senate polls and the National Accountability Bureau (NAB)
Published 27 Feb, 2018 12:00am
Spate of bad news
Exchange

Spate of bad news

As if the bad news on the economic front in 2016-17 was not enough we have had another spate of bad news in the first seven months of 2017-18. Clearly, the economy has destabilized once again and this will begin to introduce strong constraints to the grow
Published 27 Feb, 2018 12:00am
Disorder threatens

Disorder threatens

The allegedly humiliating manner in which civil servant Ahad Cheema was arrested and exposed before the media behind bars by the National Accountability Bureau (NAB) has got the entire Pakistan Administrative Services (PAS) up in arms. Seething with resen
Published 27 Feb, 2018 12:00am
Water scarcity

Water scarcity

The World Bank has rated progress in achieving the objectives of a 73 million dollars Water Sector Capacity Building and Advisory Services project as 'moderately satisfactory', according to a section of the press. The World Bank website updated on 16 Febr
Published 27 Feb, 2018 12:00am
Shahbaz to be elected interim PML-N President: Marriyum

Shahbaz to be elected interim PML-N President: Marriyum

State minister for information Marriyum Aurangzeb said on Monday that Pakistan Muslim League-Nawaz's (PML-N) is more likely to elect Shahbaz Sharif as interim party president since he is the strongest candidate. However, she said the decision of PML-N pre
Published 27 Feb, 2018 12:00am
Saudi King sacks chief of staff

Saudi King sacks chief of staff

Saudi King Salman has sacked the military chief of staff and a host of other commanders in a major shake-up, state media said Monday citing a series of royal decrees. "Termination of the services of General Abdul Rahman bin Saleh al-Bunyan, Chief of Staff
Published 27 Feb, 2018 12:00am
Saudi King sacks chief of staff

Saudi King sacks chief of staff

Saudi King Salman has sacked the military chief of staff and a host of other commanders in a major shake-up, state media said Monday citing a series of royal decrees. "Termination of the services of General Abdul Rahman bin Saleh al-Bunyan, Chief of Staff
Published 27 Feb, 2018 12:00am
Special CPEC body thinking out loud

Special CPEC body thinking out loud

The Special Committee on China-Pakistan Economic Corridor (CPEC) project has proposed to explore possibility of linking CPEC corridors of Balochistan with Iran and Afghanistan to enhance trade and bring development and prosperity in the area. The committe
Published 27 Feb, 2018 12:00am
Special CPEC body thinking out loud

Special CPEC body thinking out loud

The Special Committee on China-Pakistan Economic Corridor (CPEC) project has proposed to explore possibility of linking CPEC corridors of Balochistan with Iran and Afghanistan to enhance trade and bring development and prosperity in the area. The committe
Published 27 Feb, 2018 12:00am
Special CPEC body thinking out loud

Special CPEC body thinking out loud

The Special Committee on China-Pakistan Economic Corridor (CPEC) project has proposed to explore possibility of linking CPEC corridors of Balochistan with Iran and Afghanistan to enhance trade and bring development and prosperity in the area. The committe
Published 27 Feb, 2018 12:00am
PS to PM makes a spectacle of himself?

PS to PM makes a spectacle of himself?

Principal Secretary to the Prime Minister Fawad Hassan Fawad was grilled by Supreme Court on Monday on appointment of Attaul Haq Qasmi as managing director of the state-run Pakistan Television (PTV). The apex court also reserved its judgment regarding the
Published 27 Feb, 2018 12:00am
PS to PM makes a spectacle of himself?

PS to PM makes a spectacle of himself?

Principal Secretary to the Prime Minister Fawad Hassan Fawad was grilled by Supreme Court on Monday on appointment of Attaul Haq Qasmi as managing director of the state-run Pakistan Television (PTV). The apex court also reserved its judgment regarding the
Published 27 Feb, 2018 12:00am
Names of ex-ISI chief, others put on ECL

Names of ex-ISI chief, others put on ECL

Ministry of Interior on Monday placed the names of former chief of Inter-Services Intelligence (ISI) Lieutenant General Javed Ashraf Qazi (retd), who also served as railways minister during Musharraf regime, and two others on Exit Control List (ECL), foll
Published 27 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Monday (February 26, 2018) and the forecast for Tuesday (February 27, 2018).

Published 27 Feb, 2018 12:00am
Names of ex-ISI chief, others put on ECL

Names of ex-ISI chief, others put on ECL

Ministry of Interior on Monday placed the names of former chief of Inter-Services Intelligence (ISI) Lieutenant General Javed Ashraf Qazi (retd), who also served as railways minister during Musharraf regime, and two others on Exit Control List (ECL), foll
Published 27 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 26, 2018).

Published 27 Feb, 2018 12:00am
July-January period: repatriation of profit and dividend up 26 percent

July-January period: repatriation of profit and dividend up 26 percent

The repatriation of profit and dividend by foreign investors posted a hefty growth of 26 percent during the first seven months of current fiscal year (FY18). Economists said improved financial results of the corporate sector and multinational companies ha
Published 27 Feb, 2018 12:00am
July-January period: repatriation of profit and dividend up 26 percent

July-January period: repatriation of profit and dividend up 26 percent

The repatriation of profit and dividend by foreign investors posted a hefty growth of 26 percent during the first seven months of current fiscal year (FY18). Economists said improved financial results of the corporate sector and multinational companies ha
Published 27 Feb, 2018 12:00am
July-January period: repatriation of profit and dividend up 26 percent

July-January period: repatriation of profit and dividend up 26 percent

The repatriation of profit and dividend by foreign investors posted a hefty growth of 26 percent during the first seven months of current fiscal year (FY18). Economists said improved financial results of the corporate sector and multinational companies ha
Published 27 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 26, 2018).

Published 27 Feb, 2018 12:00am
Sridevi drowned in her hotel bathtub: Dubai police

Sridevi drowned in her hotel bathtub: Dubai police

India Monday mourned Bollywood superstar Sridevi Kapoor after her death in Dubai aged just 54, as police in the emirate said she drowned in her hotel bathtub. The body of Sridevi, one of the biggest names in Hindi cinema, had been due to be brought back t
Published 27 Feb, 2018 12:00am
Sridevi drowned in her hotel bathtub: Dubai police

Sridevi drowned in her hotel bathtub: Dubai police

India Monday mourned Bollywood superstar Sridevi Kapoor after her death in Dubai aged just 54, as police in the emirate said she drowned in her hotel bathtub. The body of Sridevi, one of the biggest names in Hindi cinema, had been due to be brought back t
Published 27 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 26, 2018)

Published 27 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a bearish trend Monday due to selling in various sectors. BRIndex100 lost 49.32 points or 1.06 percent to close at 4,588.94 points. BRIndex100 touched intraday high of 4,665.56 and intraday low of 4,581.58 points. Volumes
Published 27 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a bearish trend Monday due to selling in various sectors. BRIndex100 lost 49.32 points or 1.06 percent to close at 4,588.94 points. BRIndex100 touched intraday high of 4,665.56 and intraday low of 4,581.58 points. Volumes
Published 27 Feb, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (February 26, 2018).

Published 27 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a bearish trend Monday due to selling in various sectors. BRIndex100 lost 49.32 points or 1.06 percent to close at 4,588.94 points. BRIndex100 touched intraday high of 4,665.56 and intraday low of 4,581.58 points. Volumes
Published 27 Feb, 2018 12:00am
Saudi Arabia prepares to auction billionaire''s real estate, cars

Saudi Arabia prepares to auction billionaire''s real estate, cars

Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and his company as they look to hasten an end to one of the kingdom''s longest-running debt disputes. The planned sale is the lat
Published 27 Feb, 2018 12:00am
Saudi Arabia prepares to auction billionaire's real estate, cars

Saudi Arabia prepares to auction billionaire's real estate, cars

Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and his company as they look to hasten an end to one of the kingdom's longest-running debt disputes. The planned sale is the late
Published 27 Feb, 2018 12:00am
Saudi Arabia prepares to auction billionaire's real estate, cars

Saudi Arabia prepares to auction billionaire's real estate, cars

Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and his company as they look to hasten an end to one of the kingdom's longest-running debt disputes. The planned sale is the late
Published 27 Feb, 2018 12:00am
Senior US diplomat arrives on emergency visit

Senior US diplomat arrives on emergency visit

Senior Director for South and Central Asia at the US National Security Council, Lisa Curtis arrived on emergency visit here on Monday and discussed issues of mutual interest with Foreign Secretary Tehmina Janjua. Spokesperson Foreign Office Dr Mohammad Fa
Published 27 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 26, 2018).

Published 27 Feb, 2018 12:00am
Senior US diplomat arrives on emergency visit

Senior US diplomat arrives on emergency visit

Senior Director for South and Central Asia at the US National Security Council, Lisa Curtis arrived on emergency visit here on Monday and discussed issues of mutual interest with Foreign Secretary Tehmina Janjua. Spokesperson Foreign Office Dr Mohammad Fa
Published 27 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 26, 2018).

Published 27 Feb, 2018 12:00am
PSM CFO, NIP CEO clash over land

PSM CFO, NIP CEO clash over land

Chief Financial Officer (CFO) Pakistan Steel Mills (PSM) Arif Sheikh on Monday clashed with Chief Executive Officer (CEO) National Industrial Parks Development & Management Company (NIP), Mudassar Iqbal for allegedly misstating facts about the sale of hun
Published 27 Feb, 2018 12:00am
PSM CFO, NIP CEO clash over land

PSM CFO, NIP CEO clash over land

Chief Financial Officer (CFO) Pakistan Steel Mills (PSM) Arif Sheikh on Monday clashed with Chief Executive Officer (CEO) National Industrial Parks Development & Management Company (NIP), Mudassar Iqbal for allegedly misstating facts about the sale of hun
Published 27 Feb, 2018 12:00am
PSM CFO, NIP CEO clash over land

PSM CFO, NIP CEO clash over land

Chief Financial Officer (CFO) Pakistan Steel Mills (PSM) Arif Sheikh on Monday clashed with Chief Executive Officer (CEO) National Industrial Parks Development & Management Company (NIP), Mudassar Iqbal for allegedly misstating facts about the sale of hun
Published 27 Feb, 2018 12:00am
THE RUPEE: easy tone
Currency

THE RUPEE: easy tone

The rupee failed to sustain weekend levels against the dollar on the money market on Monday in process of trading, currency experts said. The rupee shed one paisa versus the dollar for buying and selling at Rs 110.58 and Rs 110.59 respectively, they said.
Published 27 Feb, 2018 12:00am
Sugarcane growers: CCI decides to resolve payment issue

Sugarcane growers: CCI decides to resolve payment issue

The Council of Common Interests (CCI) has decided to resolve the issue of payment to the sugarcane growers at the announced rate, while directed Ministry of Planning and Power Division to expedite energy projects in Balochistan under China-Pakistan Econom
Published 27 Feb, 2018 12:00am
THE RUPEE: easy tone
Currency

THE RUPEE: easy tone

The rupee failed to sustain weekend levels against the dollar on the money market on Monday in process of trading, currency experts said. The rupee shed one paisa versus the dollar for buying and selling at Rs 110.58 and Rs 110.59 respectively, they said.
Published 27 Feb, 2018 12:00am
Sugarcane growers: CCI decides to resolve payment issue

Sugarcane growers: CCI decides to resolve payment issue

The Council of Common Interests (CCI) has decided to resolve the issue of payment to the sugarcane growers at the announced rate, while directed Ministry of Planning and Power Division to expedite energy projects in Balochistan under China-Pakistan Econom
Published 27 Feb, 2018 12:00am
Sugarcane growers: CCI decides to resolve payment issue

Sugarcane growers: CCI decides to resolve payment issue

The Council of Common Interests (CCI) has decided to resolve the issue of payment to the sugarcane growers at the announced rate, while directed Ministry of Planning and Power Division to expedite energy projects in Balochistan under China-Pakistan Econom
Published 27 Feb, 2018 12:00am
Revised cotton production target missed
Cotton

Revised cotton production target missed

Pakistan has missed the revised cotton production target by around eight percent as the production has been recorded at 11.5 million bales against the revised target of 12.6 million bales for 2017-18. Documents available with Business Recorder reve
Published 27 Feb, 2018 12:00am
Revised cotton production target missed
Cotton

Revised cotton production target missed

Pakistan has missed the revised cotton production target by around eight percent as the production has been recorded at 11.5 million bales against the revised target of 12.6 million bales for 2017-18. Documents available with Business Recorder reve
Published 27 Feb, 2018 12:00am
Revised cotton production target missed
Cotton

Revised cotton production target missed

Pakistan has missed the revised cotton production target by around eight percent as the production has been recorded at 11.5 million bales against the revised target of 12.6 million bales for 2017-18. Documents available with Business Recorder reve
Published 27 Feb, 2018 12:00am
US trying to 'embarrass' Pakistan: Miftah
Currency

US trying to 'embarrass' Pakistan: Miftah

Pakistan's de facto finance minister, Miftah Ismail, has brushed off concerns that economic growth will suffer because of the country's re-inclusion on a terrorist financing watch list, and lashed out against the United States for seeking to "embarrass" h
Published 27 Feb, 2018 12:00am
US trying to 'embarrass' Pakistan: Miftah
Currency

US trying to 'embarrass' Pakistan: Miftah

Pakistan's de facto finance minister, Miftah Ismail, has brushed off concerns that economic growth will suffer because of the country's re-inclusion on a terrorist financing watch list, and lashed out against the United States for seeking to "embarrass" h
Published 27 Feb, 2018 12:00am
Government to ''devise strategy'' to stay off grey list: Afzal

Government to ''devise strategy'' to stay off grey list: Afzal

Pakistan will develop a strategy to avoid being put on a global terror financing watchlist, the finance minister said Monday, after China and Saudi Arabia deserted Islamabad over the issue at a recent meeting in Paris. Members of the Financial Action Task
Published 27 Feb, 2018 12:00am
Government to 'devise strategy' to stay off grey list: Afzal

Government to 'devise strategy' to stay off grey list: Afzal

Pakistan will develop a strategy to avoid being put on a global terror financing watchlist, the finance minister said Monday, after China and Saudi Arabia deserted Islamabad over the issue at a recent meeting in Paris. Members of the Financial Action Task
Published 27 Feb, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Feb, 2018 12:00am
Government to 'devise strategy' to stay off grey list: Afzal

Government to 'devise strategy' to stay off grey list: Afzal

Pakistan will develop a strategy to avoid being put on a global terror financing watchlist, the finance minister said Monday, after China and Saudi Arabia deserted Islamabad over the issue at a recent meeting in Paris. Members of the Financial Action Task
Published 27 Feb, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Feb, 2018 12:00am