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Print - 2018-04-14
Singapore tightens monetary policy, warns on trade tensions
Currency

Singapore tightens monetary policy, warns on trade tensions

Singapore tightened its monetary policy for the first time in six years Friday on expectations of steady growth in 2018, but warned of risks from global trade tensions. The city-state followed similar moves recently by South Korea and Malaysia to tame inf
Published 14 Apr, 2018 12:00am
Indonesia wins Moody's rating upgrade

Indonesia wins Moody's rating upgrade

Indonesia won a credit rating upgrade from Moody's on Friday, with the agency lauding central bank and government policies for boosting confidence in Southeast Asia's biggest economy. The upgrade - after similar moves by other ratings agencies - comes at
Published 14 Apr, 2018 12:00am
Indonesia wins Moody's rating upgrade

Indonesia wins Moody's rating upgrade

Indonesia won a credit rating upgrade from Moody's on Friday, with the agency lauding central bank and government policies for boosting confidence in Southeast Asia's biggest economy. The upgrade - after similar moves by other ratings agencies - comes at
Published 14 Apr, 2018 12:00am
China's trade surplus with US surges, calls for patience
Exchange

China's trade surplus with US surges, calls for patience

China's trade surplus with the United States surged by a fifth in the first three months of the year with Beijing calling on Washington Friday to be patient as tensions between the economic superpowers simmer. Fears of a trade war have been rumbling since
Published 14 Apr, 2018 12:00am
Australian, New Zealand shares gain

Australian, New Zealand shares gain

Australia shares gained on Friday helped largely by materials and health care stocks, following global markets higher after fears of an imminent US attack on Syria eased. President Donald Trump cast doubt on Thursday over the timing of his threatened stri
Published 14 Apr, 2018 12:00am
Indian shares mark longest winning streak since November

Indian shares mark longest winning streak since November

Indian shares ended higher for a seventh straight session on Friday, marking their longest winning streak since November 2017, led by gains in index heavyweights such as Reliance Industries Ltd and Kotak Mahindra Bank Ltd. The broader NSE index ended 0.21
Published 14 Apr, 2018 12:00am
Tokyo stocks gain on ebbing Syria fears

Tokyo stocks gain on ebbing Syria fears

Tokyo stocks rose moderately Friday, following rallies in New York on receding fears that the US would lead military strikes in response to an alleged chemical weapons attack in Syria. The benchmark Nikkei 225 index gained 0.55 percent or 118.46 points to
Published 14 Apr, 2018 12:00am
Friday's early trade: stocks dip as JPMorgan leads banks lower

Friday's early trade: stocks dip as JPMorgan leads banks lower

Banks led a drop in US stocks on Friday, as results from big lenders including JPMorgan failed to enthuse investors keeping a wary eye on Russia's plan to consider banning some US imports. Shares of the biggest US bank by assets dropped about 3 percent, o
Published 14 Apr, 2018 12:00am
Wall Street gains on earnings optimism, waning Syria jitters
Kerb

Wall Street gains on earnings optimism, waning Syria jitters

US stocks climbed on Thursday as investors anticipated a strong earnings season and as US President Donald Trump's suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries. The S&P 500 has now recouped nearly all
Published 14 Apr, 2018 12:00am
Treasury yields advance

Treasury yields advance

US Treasury yields climbed on Thursday as risk appetite improved and geopolitical tensions eased after President Donald Trump said a possible attack on Syria may not be imminent, contrary to what he signalled on Wednesday. Over the last couple of sessions
Published 14 Apr, 2018 12:00am
Treasury yields advance

Treasury yields advance

US Treasury yields climbed on Thursday as risk appetite improved and geopolitical tensions eased after President Donald Trump said a possible attack on Syria may not be imminent, contrary to what he signalled on Wednesday. Over the last couple of sessions
Published 14 Apr, 2018 12:00am
Hong Kong stocks slip

Hong Kong stocks slip

Hong Kong stocks slipped on Friday as investors pondered over China's trade data in March and the implications of geopolitical tensions in the Middle East. The Hang Seng index closed down 0.1 percent at 30,808.38, while the China Enterprises Index lost 0.
Published 14 Apr, 2018 12:00am
China stocks down on soft exports data

China stocks down on soft exports data

China stocks fell on Friday as softer-than-expected exports in March rekindled worries over the health of the world's second largest economy amid rising trade tensions with the United States. The blue-chip CSI300 index closed down 0.7 percent at 3,871.14,
Published 14 Apr, 2018 12:00am
Rising optimism on trade helps European shares higher

Rising optimism on trade helps European shares higher

Budding optimism on global trade helped European shares advance on Friday although a turn lower on Wall Street after disappointing earnings cut some of the market's earlier gains. The STOXX 600 held near one-month highs, ending the day up 0.1 percent. Ger
Published 14 Apr, 2018 12:00am
Southeast Asian stocks: Singapore shares jump
Currency

Southeast Asian stocks: Singapore shares jump

Singapore shares jumped on Friday after its central bank tightened monetary policy for the first time in six years, while other Southeast Asian stock markets ended lower, with the Philippine index down nearly 2 percent on broad-based losses. The Monetary
Published 14 Apr, 2018 12:00am
Britain's FTSE under pressure as Sage sinks

Britain's FTSE under pressure as Sage sinks

A plunge in software firm Sage's shares put pressure on Britain's top share index on Friday, while a rising pound weighed on big overseas earners. The blue chip FTSE 100 index closed up 0.1 percent and posted a weekly gain - 1 percent - for the third time
Published 14 Apr, 2018 12:00am
Norwegian chief says no plans to sell budget carrier
Exchange

Norwegian chief says no plans to sell budget carrier

There are no plans to sell low-cost airline Norwegian Air Shuttle, the group's chief executive said Friday, after British Airways owner IAG indicated it was mulling a takeover. "I have not envisaged any sale," Bjorn Kjos, who is also the main shareholder,
Published 14 Apr, 2018 12:00am
Canada home resales inch higher in March as Toronto steadies

Canada home resales inch higher in March as Toronto steadies

Resales of Canadian homes rose 1.3 percent in March from February as gains in Ottawa and Montreal helped offset declines elsewhere, but recent mortgage rule changes have left both buyers and sellers uncertain, the Canadian Real Estate Association said on
Published 14 Apr, 2018 12:00am
German mobile bank N26 to launch in Britain, US in 2018

German mobile bank N26 to launch in Britain, US in 2018

Berlin-based digital bank N26 expects to offer its services in Britain and the United States by the end of the year, its founder and chief executive told Reuters. N26, which counts Hong Kong billionaire Li Ka-shing and Silicon Valley investor Peter Thiel
Published 14 Apr, 2018 12:00am
Nets owner sells 49 percent stake to Alibaba co-founder

Nets owner sells 49 percent stake to Alibaba co-founder

Brooklyn Nets owner Mikhail Prokhorov on Thursday completed the sale of a 49% stake in the NBA franchise to one of the founders of Chinese e-commerce titan Alibaba, the NBA franchise announced in a statement. The Nets said Russian billionaire Prokhorov wo
Published 14 Apr, 2018 12:00am
Puma lifts 2018 targets but warns of trade war headwinds
Currency

Puma lifts 2018 targets but warns of trade war headwinds

German sporting goods maker Puma on Thursday slightly upped its forecasts for 2018 on the back of strong first-quarter sales, but warned that the US-China trade row could cloud the rosy outlook. Revenues at the Bavaria-based group hit 1.13 billion euros (
Published 14 Apr, 2018 12:00am
Brazil loosens 2020 fiscal target, sees GDP growth slowing

Brazil loosens 2020 fiscal target, sees GDP growth slowing

The Brazilian government on Thursday loosened its 2020 fiscal target after failing to pass a plan to cut social security spending and predicted gross domestic product growth will slow after hitting a 2019 peak. Brazil set targets of a primary deficit of 1
Published 14 Apr, 2018 12:00am
Dollar up against yen in Asia
Currency

Dollar up against yen in Asia

The dollar neared a 1-1/2-month high against the yen on Friday, as an improvement in investor risk appetite buoyed equities and pushed US yields significantly higher. The dollar was steady at 107.385 yen after gaining more than 0.5 percent overnight. A ri
Published 14 Apr, 2018 12:00am
Dollar hits seven-week high against yen in Europe
Exchange

Dollar hits seven-week high against yen in Europe

The dollar climbed to a seven-week high against the yen on Friday as investors' focus shifted to anticipated strong US corporate earnings and away from concerns about a possible Western military intervention in Syria. The weakening of the safe-haven yen s
Published 14 Apr, 2018 12:00am
Dollar up against yen, Swiss franc in New York
Currency

Dollar up against yen, Swiss franc in New York

The dollar snapped a four-day losing streak against a basket of major currencies on Thursday, as worries about the threat of an imminent clash between Western powers and Russia in Syria lessened. The dollar index, which measures the greenback against a ba
Published 14 Apr, 2018 12:00am
China's yuan rises

China's yuan rises

China's yuan firmed on Friday, as newly-released data showed the country's trade surplus with the United States soared in the first quarter despite an unexpected fall in March exports. As President Xi Jinping pledged to further open China's markets, inves
Published 14 Apr, 2018 12:00am
Most Asian currencies dip

Most Asian currencies dip

Most emerging Asian currencies edged lower on Friday after US President Donald Trump tempered speculation of an imminent missile attack on Syria, lending support to the dollar. The dollar index against a basket of six major currencies was a shade higher a
Published 14 Apr, 2018 12:00am
Canadian dollar steadies
Currency

Canadian dollar steadies

The Canadian dollar steadied against its US counterpart on Thursday after reaching a seven-week high the day before, as ebbing worries of a clash between the US and Russia over Syria boosted the greenback. The US dollar rose against a basket of major curr
Published 14 Apr, 2018 12:00am
Sterling climbs against dollar, euro
Currency

Sterling climbs against dollar, euro

Sterling rose to a new 10-week high against the dollar on Friday and pulled itself out of a six-month trading range against the euro, prompting investors to unwind their long euro positions. Against the euro, the pound has been trapped in an 86.5 pence to
Published 14 Apr, 2018 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian and New Zealand dollars inched higher on Friday as data showed China's demand for commodities remained robust in March, leaving both currencies holding hefty gains for the week. The Aussie dollar nudged ahead to $0.7769, to be 1.3 percent f
Published 14 Apr, 2018 12:00am
Qatar say yes to playing in 2019 Copa America

Qatar say yes to playing in 2019 Copa America

Middle Eastern emirate Qatar will play in the 2019 Copa America in Brazil after accepting an invitation to take part, a football association spokesman in Doha said on Thursday. "Qatar will play in the 2019 Copa America, it's a great opportunity for us to
Published 14 Apr, 2018 12:00am
KP U-23 Abbottabad Region Inter-District Games begins

KP U-23 Abbottabad Region Inter-District Games begins

The 3rd edition of the Khyber Pakhtunkhwa Under-23 Abbottabad Region Female Games got under way at scenic Abbottabad Public School amidst tight security and with great enthusiasm witnessed in 480 female players' part of the mega event. Deputy Commissioner
Published 14 Apr, 2018 12:00am
Khushal leads as Asghar Khan Memorial Amateur Golf opens

Khushal leads as Asghar Khan Memorial Amateur Golf opens

Khushal Khan led the opening day round with his four under net 68 over 18 holes of the 54-holes 3rd Asghar Khan Memorial National Amateur Golf Championship which got under way here at lush green PAF Golf Course on Friday. Air Vice Marshal Sarfaraz Khan, A
Published 14 Apr, 2018 12:00am
Cricket Australia secures $918 million for broadcast rights

Cricket Australia secures $918 million for broadcast rights

Pay-TV company Foxtel and the free-to-air Seven Network on Friday won a bidding war for television and digital cricket rights in Australia, signing a deal worth almost Aus$1.2 billion (US$918 million). The bumper contract over six years, worth more than f
Published 14 Apr, 2018 12:00am
Neymar says needs another month to recover from operation

Neymar says needs another month to recover from operation

Brazil and Paris Saint-Germain striker Neymar has told Brazilian TV he still needs around a month to recover from a foot operation. "I need about a month, but it is healing well. Everything is happening normally," Neymar, who has not played since breaking
Published 14 Apr, 2018 12:00am
Punjab University win All Pakistan Inter-university Weightlifting

Punjab University win All Pakistan Inter-university Weightlifting

Punjab University (PU) has won the 'All Pakistan Inter-university Weightlifting Championship 2018' staged here in City Campus of the University of Veterinary and Animal Sciences (UVAS). Superior University Lahore got 2nd position while the University of C
Published 14 Apr, 2018 12:00am
Two Indian athletes kicked out of C'wealth Games over needle find

Two Indian athletes kicked out of C'wealth Games over needle find

Two Indian athletes were kicked out of the Commonwealth Games on Friday after syringes were found in their accommodation, a breach of tournament rules. Triple jumper Rakesh Babu and race-walker Irfan Kolothum Thodi were stripped of their accreditation and
Published 14 Apr, 2018 12:00am
Daley makes gay rights plea as England strike diving gold

Daley makes gay rights plea as England strike diving gold

Tom Daley called on nations who outlaw homosexuality to relax their stance as he starred on a golden day for English diving at the Commonwealth Games on Friday. Jack Laugher sealed a hat-trick of gold medals after Daley had overcome a hip injury to seal v
Published 14 Apr, 2018 12:00am
Indian hotshot, 15, blasts way into Commonwealth history books

Indian hotshot, 15, blasts way into Commonwealth history books

Fifteen-year-old Anish Bhanwala became India's youngest Commonwealth Games champion with a stunning victory in the 25m rapid fire pistol on Friday. Bhanwala, who is already the world record-holder in the 25m standard pistol, fired an unbeatable maximum sc
Published 14 Apr, 2018 12:00am
Semenya defiant after sweeping to double

Semenya defiant after sweeping to double

South Africa's Caster Semenya shrugged off controversy over her right to compete after completing a Commonwealth Games double with victory in the women's 800 metres on Friday. The 27-year-old, who identifies as a woman but has elevated testosterone levels
Published 14 Apr, 2018 12:00am
Pakistan take seventh place in Commonwealth Games hockey

Pakistan take seventh place in Commonwealth Games hockey

Pakistan came from behind to defeat Canada 3-1 by taking 7th place in the positional match of the hockey competition of the XXI Gold Coast 2018 Commonwealth Games at Hockey Club ground on Friday. According to reports from Gold Coast, Queenslands (Australi
Published 14 Apr, 2018 12:00am
Sexual harassment claims hit Japan finance ministry

Sexual harassment claims hit Japan finance ministry

Japan's finance ministry was embroiled in a growing sexual harassment scandal on Friday after a magazine released what it said was audio of a senior bureaucrat sexually harassing a female journalist. The Shukan Shincho magazine reported earlier this week
Published 14 Apr, 2018 12:00am
Russian military helicopter crashes, two dead

Russian military helicopter crashes, two dead

A Russian military helicopter has crashed during a training night flight over the Baltic Sea, killing two pilots, the Russian army said on Friday. The accident happened close to the Russian region of Kaliningrad, sandwiched between Poland and Lithuania, a
Published 14 Apr, 2018 12:00am
11 policemen killed in Afghanistan

11 policemen killed in Afghanistan

Taliban militants ambushed a checkpoint in western Afghanistan, killing at least nine policemen, officials said Friday, in the latest attack on the country's beleaguered security forces. Two other policemen were killed and four wounded by a roadside bomb
Published 14 Apr, 2018 12:00am
Clashes as Swaziland marks 50 years of independence

Clashes as Swaziland marks 50 years of independence

Police fired rubber bullets at protesters in Swaziland Friday while they marched against worsening living conditions and the cost of celebrations to mark the 50th anniversary of the absolute monarchy. More than 2,000 people took to the streets to take par
Published 14 Apr, 2018 12:00am
Nearly 30 dead in northern Nigeria gang violence

Nearly 30 dead in northern Nigeria gang violence

At least 28 people have been killed in gang violence in northern Nigeria, police and local residents said on Friday, in the latest unrest causing security concerns for the government. Twenty-six people lost their lives on Thursday evening when gunmen on m
Published 14 Apr, 2018 12:00am
French rocker Hallyday's assets frozen in family row

French rocker Hallyday's assets frozen in family row

A court on Friday ordered a freeze on the assets of France's biggest rock star Johnny Hallyday, whose death in December sparked a bitter inheritance feud that has transfixed the country. Hallyday's two biological children, Laura Smet and David Hallyday, a
Published 14 Apr, 2018 12:00am
Western powers at UN make case for military action against Syria

Western powers at UN make case for military action against Syria

The United States, Britain and France made the case at the United Nations on Friday for military action against Syria, saying President Bashar al-Assad's repeated use of chemical weapons posed a threat to the world. US Ambassador Nikki Haley said no decis
Published 14 Apr, 2018 12:00am
Duterte sorry over Myanmar 'genocide' comments

Duterte sorry over Myanmar 'genocide' comments

Philippine President Rodrigo Duterte issued a public apology to Myanmar's de facto leader Aung San Suu Kyi Friday, a week after describing the military crackdown on the country's Rohingya minority as a "genocide".
Published 14 Apr, 2018 12:00am
Founder of Kenya's iconic 'elephant orphanage' dies

Founder of Kenya's iconic 'elephant orphanage' dies

Dame Daphne Sheldrick, a conservationist famous for her work rearing baby elephants in Kenya and fighting for the protection of the species, has died aged 83, her family said Friday. "Daphne passed away the evening of the 12th April after a long battle wi
Published 14 Apr, 2018 12:00am
Trump demands prosecution of ex-FBI chief Comey

Trump demands prosecution of ex-FBI chief Comey

US President Donald Trump called for the prosecution of former FBI chief James Comey on Friday, unleashing a vitriolic response to the lawman's tell-all memoir. Trump branded Comey weak, a "LEAKER & LIAR" and an untruthful "slime ball" in a two-part Twitt
Published 14 Apr, 2018 12:00am
AFP stringer in Yemen killed in shelling

AFP stringer in Yemen killed in shelling

A Yemeni photographer and videographer who contributed to AFP, Abdullah al-Qadry, was killed in shelling Friday in the centre of the country, his colleagues said. Qadry died while on assignment for Yemen's Belqees television, the station said. A security
Published 14 Apr, 2018 12:00am
Myanmar says ICC lacks jurisdiction to probe Rohingya crisis

Myanmar says ICC lacks jurisdiction to probe Rohingya crisis

Myanmar has expressed "serious concern" over an attempt at the International Criminal Court to open a probe into mass deportations of Rohingya Muslims, dismissing the claims and saying the court has no jurisdiction. Some 700,000 people from the stateless
Published 14 Apr, 2018 12:00am
Aid conference for DR Congo sets sights on $1.7 billion

Aid conference for DR Congo sets sights on $1.7 billion

Donors were meeting in Geneva Friday to help rake in the nearly $1.7 billion the UN estimates is needed this year alone to address a towering humanitarian crisis in the Democratic Republic of Congo. The conference comes amid mounting strife in the DRC, wh
Published 14 Apr, 2018 12:00am
Shanghai copper eases
Exchange

Shanghai copper eases

Shanghai Futures Exchange copper eased by 0.7 percent on Friday after the United States imposed sanctions on Russia's UC Rusal, the world's second biggest producer of the metal, raising supply concerns. China's aluminium exports in March rose to their hig
Published 14 Apr, 2018 12:00am
Aluminium posts near 12 percent weekly jump, other metals up
Exchange

Aluminium posts near 12 percent weekly jump, other metals up

Aluminium hit a six-year high on Friday and posted its biggest weekly gain since the current contract was launched, after the United States imposed sanctions on Russia's UC Rusal, the world's second-biggest producer. Traders have scrambled to stockpile al
Published 14 Apr, 2018 12:00am
Fire in sauna shuts world's northernmost oilfield

Fire in sauna shuts world's northernmost oilfield

The world's northernmost oilfield was shut on Friday when a fire broke out in a sauna in the oil platform's living quarters, Eni, the Italian oil company that operates the field, said. The Arctic Goliat field is in the Barents Sea about 88 kilometres off
Published 14 Apr, 2018 12:00am
Oil rises, on track for biggest weekly gain since July

Oil rises, on track for biggest weekly gain since July

Oil prices rose on Friday and were headed for their largest weekly gain since July, amid support from concerns over the prospect of Western military action in Syria and reports of dwindling global oil stocks. The prospect of military action in Syria that
Published 14 Apr, 2018 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures rose to their highest in nearly two weeks on Friday, supported by a lower yen against the US dollar and subdued worries over US-China trade war, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for Septembe
Published 14 Apr, 2018 12:00am
Palm oil falls for fifth straight session
Vegetable Oil

Palm oil falls for fifth straight session

Malaysian palm oil futures closed 1 percent lower, a fifth consecutive day of losses, after Malaysia said it would resume an export tax and on expectations of slowing demand growth, traders said on Friday. The benchmark palm oil contract for June delivery
Published 14 Apr, 2018 12:00am
Raw sugar futures fall for seventh straight week

Raw sugar futures fall for seventh straight week

Raw sugar futures on ICE were higher on Friday, as prices consolidated above Wednesday's 2-1/2 year low, though the spot contract closed the week down for the seventh straight week as traders focused on a global surplus. May raw sugar settled up 0.03 cent
Published 14 Apr, 2018 12:00am
Gold falls in NY

Gold falls in NY

Gold retreated from an 11-week high on Thursday, with investors booking profits as the US dollar gained, but bullion's losses were limited as investors remained worried about rising military tensions in Syria and lingering concerns of a trade war with Chi
Published 14 Apr, 2018 12:00am
Gold moves up in Asia
Exchange

Gold moves up in Asia

Gold prices rose on Friday and were set to post a small gain for a second week running, supported by tensions over Syria. Spot gold was up 0.1 percent at $1,336.45 an ounce as of 0648 GMT, and was set for a weekly gain of 0.3 percent. US gold futures ease
Published 14 Apr, 2018 12:00am
Gold rises in Europe
Exchange

Gold rises in Europe

Gold prices rose on Friday, heading for a second weekly gain on lingering uncertainty over Western military action in Syria. US President Donald Trump and his national security aides on Thursday discussed options on Syria, where he has threatened missile
Published 14 Apr, 2018 12:00am
US MIDDAY: wheat down; corn, soya sag

US MIDDAY: wheat down; corn, soya sag

US wheat futures fell on Friday to a one-week low, pressured by forecasts for much-needed rain late next week in the southern Plains winter wheat belt, analysts said. Corn followed wheat lower amid a lack of fresh supportive news, and soyabeans turned dow
Published 14 Apr, 2018 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold prices rose on Friday, heading for a second consecutive weekly gain on lingering uncertainty over Western military action in Syria. US President Donald Trump and his national security aides on Thursday discussed options on Syria, where he has threate
Published 14 Apr, 2018 12:00am
Seeking another venue for justice

Seeking another venue for justice

The woeful rape case of seven-year old Zainab recently reached a verdict where the culprit was convicted and sentenced to death penalty. Alas, in Pakistan it is not the first case of its type. After the accused was tried, it came to be known that he had a
Published 14 Apr, 2018 12:00am
E-IPO system gaining investors' attention

E-IPO system gaining investors' attention

The implementation of E-IPO system has provided an efficient, easy and hassle-free mechanism to investors of capital markets for subscribing to initial public offerings (IPOs). The centralized E-IPO system allows investors to submit applications electroni
Published 14 Apr, 2018 12:00am
E-IPO system gaining investors' attention

E-IPO system gaining investors' attention

The implementation of E-IPO system has provided an efficient, easy and hassle-free mechanism to investors of capital markets for subscribing to initial public offerings (IPOs). The centralized E-IPO system allows investors to submit applications electroni
Published 14 Apr, 2018 12:00am
APIthon offers berth to Pakistani tech wizards in Silicon Valley

APIthon offers berth to Pakistani tech wizards in Silicon Valley

Pakistan's tech geniuses will have an opportunity to be part of an acceleration programme of the US University to mature their super tech-ideas. The unique opportunity comes at the APIthon Chapter 2, being organized by the Abacus Consulting, in the first
Published 14 Apr, 2018 12:00am
Films, culture: Marriyum for closer cooperation with Morocco

Films, culture: Marriyum for closer cooperation with Morocco

Minister of State for Information, Broadcasting, National History & Literary Heritage Ms Marriyum Aurangzeb, in a meeting with Ambassador of Morocco Mohamed Karmoune here Friday emphasized the need for formal engagement and cooperation in the arena of fil
Published 14 Apr, 2018 12:00am
Eight exporters win another white rice contract from Indonesia

Eight exporters win another white rice contract from Indonesia

Eight Pakistani rice exporters have won another white rice contract from Indonesia, enhancing cumulative quantity of rice to be exported to 150,000 MT valued at $ 67.7 million. Official sources told Business Recorder, the deal materialized with the suppor
Published 14 Apr, 2018 12:00am
Amreli Steels launches 'Resilience' campaign

Amreli Steels launches 'Resilience' campaign

Amreli Steels, Pakistan's Largest Selling Brand of Steel Bars, launched its new campaign last night that celebrates the virtue of resilience which is a defining attribute of great individuals as well as its product, steel bars.
Published 14 Apr, 2018 12:00am
Professor Hassan named head of VC committee

Professor Hassan named head of VC committee

The vice-chancellors of public sector universities of Punjab has unanimously constituted the First Vice Chancellor Committee and nominated Professor Dr Hassan Amir Shah, Vice Chancellor GCU Lahore as its head, during a meeting Friday at Government College
Published 14 Apr, 2018 12:00am
Siraj asks ineligible politicians to remorse past conduct

Siraj asks ineligible politicians to remorse past conduct

Ameer, Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the politicians declared ineligible to contest elections for life should repent on their wrong doings. Commenting on the Supreme Court decision in this respect, he further said that the
Published 14 Apr, 2018 12:00am
NAB summons Shahbaz's son-in-law in corruption case

NAB summons Shahbaz's son-in-law in corruption case

The National Accountability Bureau (NAB) has summoned Imran Ali Yousaf, son-in-law of Punjab Chief Minister Shehbaz Sharif, in a probe on April 16 (Monday). According to NAB officials, Imran Ali Yousaf has been summoned to record his statement on Monday i
Published 14 Apr, 2018 12:00am
Website to register women's complaints launched in Punjab

Website to register women's complaints launched in Punjab

Punjab Government has launched website www. wdd.punjab .gov.pk phone number 042-111-582-111 and 15 helpline to enable women to report incidents of harassment. Secretary Women Development Department Bushra Aman said here on Friday that the Punjab governmen
Published 14 Apr, 2018 12:00am
Gilgit-Baltistan Festival begins at LCCI

Gilgit-Baltistan Festival begins at LCCI

Three-day Gilgit-Baltistan Festival started on Friday at the Lahore Chamber of Commerce & Industry to highlight flora and fauna of Gilgit-Baltistan. Provincial Minister for Tourism, Sports, Archaeology and Museums, Gilgit-Baltistan, Fida Khan Fida and the
Published 14 Apr, 2018 12:00am
Maple Leaf wins award

Maple Leaf wins award

Maple Leaf Cement Factory Limited has been awarded 4th International Award on Health, Safety & Environment 2018 in a graceful ceremony organized by The Professionals Network (TPI). The said Award was unanimously decided by the jury and board of The Profes
Published 14 Apr, 2018 12:00am
Exporters urged to comply with global standards

Exporters urged to comply with global standards

There is a huge potential of Pakistani meat in the UAE markets and our exporters need to comply with the international standardization in order to sustain their business capabilities with their counterpart companies exporting to United Arab Emirates. Mian
Published 14 Apr, 2018 12:00am
Vaisakhi Festival: Shahbaz felicitates Sikh community

Vaisakhi Festival: Shahbaz felicitates Sikh community

Felicitating the Sikh community over traditional festival of 'vaisakhi' the Punjab Chief Minister Muhammad Shahbaz Sharif has said the government equally shares the joys of the Sikh community because sharing of each other's joys and happiness promotes bro
Published 14 Apr, 2018 12:00am
PFIA urges government to rationalize import and customs duties

PFIA urges government to rationalize import and customs duties

Pakistan FMCG Importers Association (PFIA) has urged the government to rationalize the import and customs duties in the forthcoming budget in such a manner that could discourage smuggling and encourage legal importers. In its budget proposals 2018-19, the
Published 14 Apr, 2018 12:00am
PFIA urges government to rationalize import and customs duties

PFIA urges government to rationalize import and customs duties

Pakistan FMCG Importers Association (PFIA) has urged the government to rationalize the import and customs duties in the forthcoming budget in such a manner that could discourage smuggling and encourage legal importers. In its budget proposals 2018-19, the
Published 14 Apr, 2018 12:00am
Punjab police launches 'digital challan' system

Punjab police launches 'digital challan' system

The automation of various functions of Punjab Police through technological solutions has become success story with the dedicated hard work by the police officials to bring genuine reforms in the centuries old system to facilitate the citizens.
Published 14 Apr, 2018 12:00am
Punjab government urged to appoint information Commissioners

Punjab government urged to appoint information Commissioners

Participants of a seminar organised by Pakistan Institute of Legislative Development And Transparency (PILDAT) have demanded immediate appointment of Punjab Information Commissioners (PICs) and facilitate more effective usage of RTI across the Punjab by t
Published 14 Apr, 2018 12:00am
Energy sector: Chinese delegates evince interest in JVs with Pakistan

Energy sector: Chinese delegates evince interest in JVs with Pakistan

A Chinese delegation at a meeting with members of Pak-China Joint Chamber of Commerce and Industry (PCJCCI) on Friday expressed keen interest in having joint ventures with Pakistan in energy sector. The delegation was led by Zhou Jing, Deputy Secretary, H
Published 14 Apr, 2018 12:00am
PLDDD launches awareness project

PLDDD launches awareness project

The Punjab Livestock and Dairy Development Department (PLDDD) has launched a project to create awareness about the benefits of usage of milk, meat and other livestock products. Under this project, a mobile training bus division has been established in the
Published 14 Apr, 2018 12:00am
Partly Facetious: Third World War?

Partly Facetious: Third World War?

"There is much speculation in the international media about the possibility of a third world war these days."
Published 14 Apr, 2018 12:00am
Sufism may serve as antidote against extremism: SU VC

Sufism may serve as antidote against extremism: SU VC

Sufism is something beyond and above the differences based on caste, colour, creed, ethnicity, language, culture and political affiliation. It is an amalgamation of love, sacrifice, tolerance and peaceful coexistence. Sufism also possesses the enormous po
Published 14 Apr, 2018 12:00am
NBP signs MoU with PHA of KPK

NBP signs MoU with PHA of KPK

A Memorandum of Understanding was signed between the National Bank of Pakistan and the Provincial Housing Authority of the Khyber Pakhtunkhwa at a ceremony held at KPK House Islamabad on Thursday, 12 April 2018. According to MoU, the NBP would provide fin
Published 14 Apr, 2018 12:00am
Qadri hails SC verdict

Qadri hails SC verdict

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri on Friday welcomed the Supreme Court's verdict of disqualifying former prime minister Nawaz Sharif for life in case pertaining to determining the length of disqualification.
Published 14 Apr, 2018 12:00am
TPL Life Insurance launches TPL Life Muavin

TPL Life Insurance launches TPL Life Muavin

Known as the easiest company to deal with, TPL Life Insurance Ltd has launched TPL Life Muavin, a state of the art Virtual Agent Induction Module. Touted as the doorway to financial well-being for anyone and everyone whether a young job seeker looking to
Published 14 Apr, 2018 12:00am
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