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Print - 2018-04-11
Amnesty and tax relief package
Exchange

Amnesty and tax relief package

The four ordinances providing the cover to the amnesty and tax relief package announced by the Prime Minister were promulgated in the morning of Monday when the Senate was meeting in the afternoon. Cutting so finely the timing of the ordinances could jeop
Published 11 Apr, 2018 12:00am
Amnesty and tax relief package
Exchange

Amnesty and tax relief package

The four ordinances providing the cover to the amnesty and tax relief package announced by the Prime Minister were promulgated in the morning of Monday when the Senate was meeting in the afternoon. Cutting so finely the timing of the ordinances could jeop
Published 11 Apr, 2018 12:00am
BRIndex100 sheds 10.76 points
Exchange

BRIndex100 sheds 10.76 points

Sentiments at Pakistan Stock Exchange (PSX) Tuesday remained negative due to selling pressure and pre-budget uncertainty. BRIndex100 declined by 10.76 points or 0.11 percent to close at 5,062.49 points down from 5,073.25 points Monday. BRIndex100 touched
Published 11 Apr, 2018 12:00am
BRIndex100 sheds 10.76 points
Exchange

BRIndex100 sheds 10.76 points

Sentiments at Pakistan Stock Exchange (PSX) Tuesday remained negative due to selling pressure and pre-budget uncertainty. BRIndex100 declined by 10.76 points or 0.11 percent to close at 5,062.49 points down from 5,073.25 points Monday. BRIndex100 touched
Published 11 Apr, 2018 12:00am
BRIndex100 sheds 10.76 points
Exchange

BRIndex100 sheds 10.76 points

Sentiments at Pakistan Stock Exchange (PSX) Tuesday remained negative due to selling pressure and pre-budget uncertainty. BRIndex100 declined by 10.76 points or 0.11 percent to close at 5,062.49 points down from 5,073.25 points Monday. BRIndex100 touched
Published 11 Apr, 2018 12:00am
Xi pledges to open economy further

Xi pledges to open economy further

Chinese President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. While much of his pledges w
Published 11 Apr, 2018 12:00am
Xi pledges to open economy further

Xi pledges to open economy further

Chinese President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. While much of his pledges w
Published 11 Apr, 2018 12:00am
Xi pledges to open economy further

Xi pledges to open economy further

Chinese President Xi Jinping promised on Tuesday to open the country''s economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. While much of his pledges
Published 11 Apr, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Apr, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Apr, 2018 12:00am
Amendments in oil rules approved by Cabinet

Amendments in oil rules approved by Cabinet

The federal cabinet has approved amendments in Pakistan oil (refining, blending, and transportation, storage and marketing) rules, 2016 on the recommendations of Cabinet Committee for Legislative Cases (CCLC), well-informed sources told Business Record
Published 11 Apr, 2018 12:00am
Amendments in oil rules approved by Cabinet

Amendments in oil rules approved by Cabinet

The federal cabinet has approved amendments in Pakistan oil (refining, blending, and transportation, storage and marketing) rules, 2016 on the recommendations of Cabinet Committee for Legislative Cases (CCLC), well-informed sources told Business Record
Published 11 Apr, 2018 12:00am
Amendments in oil rules approved by Cabinet

Amendments in oil rules approved by Cabinet

The federal cabinet has approved amendments in Pakistan oil (refining, blending, and transportation, storage and marketing) rules, 2016 on the recommendations of Cabinet Committee for Legislative Cases (CCLC), well-informed sources told Business Record
Published 11 Apr, 2018 12:00am
Nepra forms body to examine KE-SSGCL dispute

Nepra forms body to examine KE-SSGCL dispute

While taking serious notice of additional 10 hour loadshedding in Karachi during the prevailing hot weather, National Electric Power Regulatory Authority (Nepra) has constituted a high level committee to probe the matter. The Cabinet Committee on Privatis
Published 11 Apr, 2018 12:00am
Nepra forms body to examine KE-SSGCL dispute

Nepra forms body to examine KE-SSGCL dispute

While taking serious notice of additional 10 hour loadshedding in Karachi during the prevailing hot weather, National Electric Power Regulatory Authority (Nepra) has constituted a high level committee to probe the matter. The Cabinet Committee on Privatis
Published 11 Apr, 2018 12:00am
Nepra forms body to examine KE-SSGCL dispute

Nepra forms body to examine KE-SSGCL dispute

While taking serious notice of additional 10 hour loadshedding in Karachi during the prevailing hot weather, National Electric Power Regulatory Authority (Nepra) has constituted a high level committee to probe the matter. The Cabinet Committee on Privatis
Published 11 Apr, 2018 12:00am
Brownouts hit small businesses the most

Brownouts hit small businesses the most

Frequent and unscheduled power cuts in Karachi have left the residents in the lurch and it is not just normal life that has been thrown out of gear but even small scale businesses, small and medium industries are facing untold hardships. Owners of small s
Published 11 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Brownouts hit small businesses the most

Brownouts hit small businesses the most

Frequent and unscheduled power cuts in Karachi have left the residents in the lurch and it is not just normal life that has been thrown out of gear but even small scale businesses, small and medium industries are facing untold hardships. Owners of small s
Published 11 Apr, 2018 12:00am
Brownouts hit small businesses the most

Brownouts hit small businesses the most

Frequent and unscheduled power cuts in Karachi have left the residents in the lurch and it is not just normal life that has been thrown out of gear but even small scale businesses, small and medium industries are facing untold hardships. Owners of small s
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Purchase of RLNG: SNGPL owes Rs 23.1 billion to PSO

Sui Northern Gas Pipelines (SNGPL) owes Rs 23.1 billion to Pakistan State Oil (PSO) on account of purchase of re-gasified liquefied natural gas (RLNG) LNG, sources revealed to this correspondent. SNGPL purchased RLNG worth Rs 424.85 billion from PSO from
Published 11 Apr, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee recovered modestly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee moved with little change in terms of the dollar for buying and selling at Rs 115.60 and Rs 115.61 respectively, they sa
Published 11 Apr, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee recovered modestly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee moved with little change in terms of the dollar for buying and selling at Rs 115.60 and Rs 115.61 respectively, they sa
Published 11 Apr, 2018 12:00am
Shujaat's book tells nothing new?

Shujaat's book tells nothing new?

Pakistan Muslim League-Q (PML-Q) president Chaudhry Shujaat Hussain has claimed that the 2008 general election was a fixed affair. According to him, he was told by the Americans that Pervez Musharraf and his key aide Tariq Aziz let to PML(Q) down in the s
Published 11 Apr, 2018 12:00am
Shujaat's book tells nothing new?

Shujaat's book tells nothing new?

Pakistan Muslim League-Q (PML-Q) president Chaudhry Shujaat Hussain has claimed that the 2008 general election was a fixed affair. According to him, he was told by the Americans that Pervez Musharraf and his key aide Tariq Aziz let to PML(Q) down in the s
Published 11 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 10, 2018)

Published 11 Apr, 2018 12:00am
Expats remit $14.6 billion in nine months

Expats remit $14.6 billion in nine months

The country received over $14 billion remittance inflows during the first nine months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers remitted over $14.606 billion in July to March of this fiscal year (FY18
Published 11 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 10, 2018).

Published 11 Apr, 2018 12:00am
Cigarette industry may benefit from revised fed: Haroon

Cigarette industry may benefit from revised fed: Haroon

Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the entire cigarette industry can fully utilize the benefits of third tier (revised federal excise duty structure) on cigarettes without any discrimination as both the multinationa
Published 11 Apr, 2018 12:00am
China lauds Pakistan for promoting ties with Afghanistan

China lauds Pakistan for promoting ties with Afghanistan

China said it "firmly supports" the recent visit of Prime Minister Shahid Khaqan Abbasi to Afghanistan. "China highly appreciates and firmly supports Prime Minister Shahid Khaqan Abbasi's visit to Afghanistan," China's Ministry of Foreign Affairs spokespe
Published 11 Apr, 2018 12:00am
Sindh Assembly slams prolonged power outages

Sindh Assembly slams prolonged power outages

The Sindh Assembly on Tuesday adopted two private resolutions against the prolonged electricity load shedding in Karachi unanimously during a delay-marred sitting. The assembly remained inactive for two hours because of the legislators' late arrival in th
Published 11 Apr, 2018 12:00am
Sindh Assembly slams prolonged power outages

Sindh Assembly slams prolonged power outages

The Sindh Assembly on Tuesday adopted two private resolutions against the prolonged electricity load shedding in Karachi unanimously during a delay-marred sitting. The assembly remained inactive for two hours because of the legislators' late arrival in th
Published 11 Apr, 2018 12:00am
Judicial commission seeks detailed plan for cleaning of SWDs

Judicial commission seeks detailed plan for cleaning of SWDs

The one-man judicial commission headed by former Justice Amir Hani Muslim on Tuesday sought a comprehensive plan for cleaning of Nullahs in Karachi when Sindh Chief Secretary assured the commission that cleaning of nullahs would be carried out at its earl
Published 11 Apr, 2018 12:00am
Petition against Asif: IHC reserves verdict

Petition against Asif: IHC reserves verdict

The Islamabad High Court on Tuesday reserved its verdict in a disqualification case filed against Foreign Minister Khawaja Asif for concealing his Iqama (work permit). A three-member bench of IHC comprising Justice Athar Minallah, Justice Aamer Farooq and
Published 11 Apr, 2018 12:00am
Lasbela Chamber welcomes amnesty scheme

Lasbela Chamber welcomes amnesty scheme

Lasbela Chamber of Commerce and Industry (LCCI) president Yakoob Karim has expressed hope that Tax Amnesty Scheme would help bring those assets back to Pakistan being held by Pakistanis abroad. Welcoming the Scheme announced recently by the prime minister
Published 11 Apr, 2018 12:00am
Eight accused arrested by NAB Karachi

Eight accused arrested by NAB Karachi

National Accountability Bureau (NAB) Karachi on Tuesday claimed to have arrested eight accused persons nominated in reference No. 2 in 2018 filed in Accountability Court Karachi. The accused persons were arrested subsequent to withdrawal / recall of their
Published 11 Apr, 2018 12:00am
Rice export up by 29 percent in nine months
Exchange

Rice export up by 29 percent in nine months

Rice exports from Pakistan have seen posted notable growth of 29 percent during the first nine months of this fiscal year (FY18). Pakistan has exported total 2.95 million metric tons rice during July-March of FY18 compared to 2.53 million metric tons in s
Published 11 Apr, 2018 12:00am
Sharjeel admitted to JPMC

Sharjeel admitted to JPMC

Pakistan Peoples Party (PPP) leader and former provincial minister Sharjeel Inam Memon has been admitted to Jinnah Postgraduate Medical Centre following complaints of a back pain. Sharjeel Memon was shifted to JPMC's special ward on the directives of an a
Published 11 Apr, 2018 12:00am
PAJCCI chief for a call on meeting with PM

PAJCCI chief for a call on meeting with PM

Chairman Pakistan-Afghanistan Joint Chamber of Commerce & Industry (PAJCCI), Zubair Motiwala has requested for a call on meeting with Prime Minister Shahid Khaqan Abbasi for deliberating upon important issues that require policy advocacy and for incorpora
Published 11 Apr, 2018 12:00am
JIT fails to find motive behind Intezar's murder

JIT fails to find motive behind Intezar's murder

The Joint Investigation Team (JIT) formed to probe the murder of Malaysia-returned student Intezar Ahmad failed to find a motive behind the killing and termed it "cold-blooded, rash and negligent" act by plainclothes police officials.
Published 11 Apr, 2018 12:00am
Partly Facetious: 'Southern Punjab' province?

Partly Facetious: 'Southern Punjab' province?

"So those who left the PML-N for reasons to do with creating a Southern Punjab province were viciously attacked by the nawalas..." "Ironically the nawalas attacked the defectors for taking the nawala (bite of food) offered by another."
Published 11 Apr, 2018 12:00am
Health centre: LHC reserves verdict

Health centre: LHC reserves verdict

The Lahore High Court on Tuesday reserved its verdict on a petition challenging the closure of provincial Health development centre in Lahore along with its 31 sub institutes working in government hospitals for training of doctors and nurses. Young Doctor
Published 11 Apr, 2018 12:00am
Absence of NAB chief from briefing draws PAC's ire

Absence of NAB chief from briefing draws PAC's ire

The Public Accounts Committee (PAC) Tuesday expressed serious anger over the absence of chairman National Accountability Bureau (NAB) from the meeting who had been summoned to brief about Bureau's performance and details of cases pending for decades.
Published 11 Apr, 2018 12:00am
Condolence resolution pays tribute to late Ayaz Soomro

Condolence resolution pays tribute to late Ayaz Soomro

National Assembly Tuesday passed a condolence resolution to pay tribute to Muhammad Ayaz Soomro who passed away after protracted illness during the last week of March this year. MNA Shazia Marri moved the resolution in the House while all other members su
Published 11 Apr, 2018 12:00am
ADB official meets Anusha

ADB official meets Anusha

Country Director Asian Development Bank for Pakistan Xiaohong Yang called on Minister of State for IT and Telecom Anusha Rehman on Tuesday. The matters pertaining to establishment of IT Park in Karachi were discussed. Federal Secretary IT Aamir Ashraf Kha
Published 11 Apr, 2018 12:00am
China to facilitate Pakistani students

China to facilitate Pakistani students

Zhao Lijian, Deputy Chief of Mission at embassy of the Peoples' Republic of China, Islamabad said Pakistani students would be provided all required facilities to acquire contemporary education in different fields in Chinese universities. Zhao was addressi
Published 11 Apr, 2018 12:00am
Pakistan, Turkey naval exercise concludes

Pakistan, Turkey naval exercise concludes

Maiden Pakistan Navy-Turkish Navy bilateral exercise TURGUTRIES meaning "Drawn sword of Islam" conducted in North Arabian Sea has been culminated. TCG GELIBOLU a frigate from Turkish Navy and PN Ships SAIF, ASLAT, NASR, QUWWAT, AZMAT and ZARRAR including
Published 11 Apr, 2018 12:00am
Eighteen & Interior minister inaugurates Spring Festival 2018

Eighteen & Interior minister inaugurates Spring Festival 2018

The EIGHTEEN Pakistan's most luxurious and modern residential project, and the Islamabad Capital Territory (ICT) has organized a two-day Spring Festival Gala in federal capital, says a press release on Saturday. Senior Director Marketing Eighteen, Uzair A
Published 11 Apr, 2018 12:00am
Call to adopt 'Climate Smart Agriculture'

Call to adopt 'Climate Smart Agriculture'

There is a need to adopt Climate Smart Agriculture in Pakistan as a means for dealing with the changing climatic scenario, which can increase productivity in Pakistan as the country suffers from climatic extremes such as in 2011, 26 million people were af
Published 11 Apr, 2018 12:00am
Siraj calls for giving rights to tribesmen

Siraj calls for giving rights to tribesmen

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that if the federal government did not grant lawful rights to the people of FATA, the tribal people would be constrained to lay a siege around Islamabad and the provincial capital Peshawar. According
Published 11 Apr, 2018 12:00am