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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-06-02
Modi for 'equal access' to shared maritime area

Modi for 'equal access' to shared maritime area

Indian Prime Minister Narendra Modi called Friday for countries to have "equal access" to shared maritime and air spaces, and for regional disputes to be settled under international law. In a speech at the start of a security summit in Singapore, Modi des
Published 02 Jun, 2018 12:00am
Asif's petition allowed; big boost for PML-N

Asif's petition allowed; big boost for PML-N

The Supreme Court on Friday overturned Islamabad High Court judgment that disqualified former Foreign Minister Khawaja Asif permanently under Article 62(1)(f) of Constitution. A three-member bench, headed by Justice Umar Atta Bandial and comprised Justice
Published 02 Jun, 2018 12:00am
Asif's petition allowed; big boost for PML-N

Asif's petition allowed; big boost for PML-N

The Supreme Court on Friday overturned Islamabad High Court judgment that disqualified former Foreign Minister Khawaja Asif permanently under Article 62(1)(f) of Constitution. A three-member bench, headed by Justice Umar Atta Bandial and comprised Justice
Published 02 Jun, 2018 12:00am
Wheat, by-products: ECC extends export period till September 30

Wheat, by-products: ECC extends export period till September 30

The Economic Coordination Committee (ECC) of the Cabinet has extended the export period of 0.5 million tons of wheat/wheat products with a freight subsidy of $ 150 MT through Pakistan Agricultural Storage and Services Corporation Ltd (PASSCO) by two month
Published 02 Jun, 2018 12:00am
Wheat, by-products: ECC extends export period till September 30

Wheat, by-products: ECC extends export period till September 30

The Economic Coordination Committee (ECC) of the Cabinet has extended the export period of 0.5 million tons of wheat/wheat products with a freight subsidy of $ 150 MT through Pakistan Agricultural Storage and Services Corporation Ltd (PASSCO) by two month
Published 02 Jun, 2018 12:00am
Wheat, by-products: ECC extends export period till September 30

Wheat, by-products: ECC extends export period till September 30

The Economic Coordination Committee (ECC) of the Cabinet has extended the export period of 0.5 million tons of wheat/wheat products with a freight subsidy of $ 150 MT through Pakistan Agricultural Storage and Services Corporation Ltd (PASSCO) by two month
Published 02 Jun, 2018 12:00am
Spain's Rajoy forced out as Socialist rival takes over

Spain's Rajoy forced out as Socialist rival takes over

Spain's parliament on Friday ousted Prime Minister Mariano Rajoy in a no-confidence vote sparked by fury over his party's corruption woes, with his Socialist arch-rival Pedro Sanchez taking over.
Published 02 Jun, 2018 12:00am
Spain's Rajoy forced out as Socialist rival takes over

Spain's Rajoy forced out as Socialist rival takes over

Spain's parliament on Friday ousted Prime Minister Mariano Rajoy in a no-confidence vote sparked by fury over his party's corruption woes, with his Socialist arch-rival Pedro Sanchez taking over.
Published 02 Jun, 2018 12:00am
Navy to acquire two modern warships from China

Navy to acquire two modern warships from China

Pakistan Navy will acquire two modern warships from China. An agreement to this effect was signed between the two sides in Rawalpindi on Friday. According to Navy Spokesperson, these warships will be equipped with long range missiles and sophisticated wea
Published 02 Jun, 2018 12:00am
Navy to acquire two modern warships from China

Navy to acquire two modern warships from China

Pakistan Navy will acquire two modern warships from China. An agreement to this effect was signed between the two sides in Rawalpindi on Friday. According to Navy Spokesperson, these warships will be equipped with long range missiles and sophisticated wea
Published 02 Jun, 2018 12:00am
BRIndex100 consolidates gains

BRIndex100 consolidates gains

Pakistan Stock Exchange Friday ended on positive note on the back of fresh buying in various sectors with extremely low volumes. BRIndex100 gained 5.91 points or 0.13 percent to close at 4,583.81 points. BRIndex100 touched intraday high of 4,591.85 and in
Published 02 Jun, 2018 12:00am
BRIndex100 consolidates gains

BRIndex100 consolidates gains

Pakistan Stock Exchange Friday ended on positive note on the back of fresh buying in various sectors with extremely low volumes. BRIndex100 gained 5.91 points or 0.13 percent to close at 4,583.81 points. BRIndex100 touched intraday high of 4,591.85 and in
Published 02 Jun, 2018 12:00am
BRIndex100 consolidates gains

BRIndex100 consolidates gains

Pakistan Stock Exchange Friday ended on positive note on the back of fresh buying in various sectors with extremely low volumes. BRIndex100 gained 5.91 points or 0.13 percent to close at 4,583.81 points. BRIndex100 touched intraday high of 4,591.85 and in
Published 02 Jun, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 02 Jun, 2018 12:00am
Amendments in NBP bye-laws approved by Cabinet

Amendments in NBP bye-laws approved by Cabinet

The federal cabinet approved amendments in bye-laws of National Bank of Pakistan (NBP) aimed at discouraging hiring through third party and to reduce litigation; well informed sources told Business Recorder. Earlier, the amendment was approved by t
Published 02 Jun, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 02 Jun, 2018 12:00am
Amendments in NBP bye-laws approved by Cabinet

Amendments in NBP bye-laws approved by Cabinet

The federal cabinet approved amendments in bye-laws of National Bank of Pakistan (NBP) aimed at discouraging hiring through third party and to reduce litigation; well informed sources told Business Recorder. Earlier, the amendment was approved by t
Published 02 Jun, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 02 Jun, 2018 12:00am
Amendments in NBP bye-laws approved by Cabinet

Amendments in NBP bye-laws approved by Cabinet

The federal cabinet approved amendments in bye-laws of National Bank of Pakistan (NBP) aimed at discouraging hiring through third party and to reduce litigation; well informed sources told Business Recorder. Earlier, the amendment was approved by t
Published 02 Jun, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 02 Jun, 2018 12:00am
Mulk takes oath

Mulk takes oath

Former Chief Justice of Pakistan Nasir-ul-Mulk on Friday took oath as Pakistan's seventh caretaker Prime Minister for an interim period of two months following the end of five-year tenure of Pakistan Muslim League-Nawaz (PML-N) government. The oath-taking
Published 02 Jun, 2018 12:00am
Mulk takes oath

Mulk takes oath

Former Chief Justice of Pakistan Nasir-ul-Mulk on Friday took oath as Pakistan's seventh caretaker Prime Minister for an interim period of two months following the end of five-year tenure of Pakistan Muslim League-Nawaz (PML-N) government. The oath-taking
Published 02 Jun, 2018 12:00am
Form A, Form B: ECP asked to include all mandatory details

Form A, Form B: ECP asked to include all mandatory details

The Lahore High Court on Friday directed the Election Commission of Pakistan (ECP) to include all mandatory information and declarations in nomination papers (Form A and Form B) for upcoming general election 2018, which were previously available in the 20
Published 02 Jun, 2018 12:00am
Form A, Form B: ECP asked to include all mandatory details

Form A, Form B: ECP asked to include all mandatory details

The Lahore High Court on Friday directed the Election Commission of Pakistan (ECP) to include all mandatory information and declarations in nomination papers (Form A and Form B) for upcoming general election 2018, which were previously available in the 20
Published 02 Jun, 2018 12:00am
PTI floats another four names for slot of caretaker Punjab CM

PTI floats another four names for slot of caretaker Punjab CM

Amid confusion, the Pakistan Tehreek-e-Insaf (PTI) on Friday floated another four names for the post of caretaker Chief Minister Punjab which include Orya Maqbool Jan, Dr. Hassan Askari, Yaqoob Izhar and Ayaz Mir. The PTI leadership appears to be divided
Published 02 Jun, 2018 12:00am
PTI floats another four names for slot of caretaker Punjab CM

PTI floats another four names for slot of caretaker Punjab CM

Amid confusion, the Pakistan Tehreek-e-Insaf (PTI) on Friday floated another four names for the post of caretaker Chief Minister Punjab which include Orya Maqbool Jan, Dr. Hassan Askari, Yaqoob Izhar and Ayaz Mir. The PTI leadership appears to be divided
Published 02 Jun, 2018 12:00am
US isolated at G7 meeting as tariffs prompt retaliation

US isolated at G7 meeting as tariffs prompt retaliation

US President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting them and Mexico with import tariffs on steel and aluminium. Trump castigated Canada, a top U.S. trade partner and al
Published 02 Jun, 2018 12:00am
US isolated at G7 meeting as tariffs prompt retaliation

US isolated at G7 meeting as tariffs prompt retaliation

US President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting them and Mexico with import tariffs on steel and aluminium. Trump castigated Canada, a top U.S. trade partner and al
Published 02 Jun, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (June 01, 2018).

Published 02 Jun, 2018 12:00am
US isolated at G7 meeting as tariffs prompt retaliation

US isolated at G7 meeting as tariffs prompt retaliation

US President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting them and Mexico with import tariffs on steel and aluminium. Trump castigated Canada, a top U.S. trade partner and al
Published 02 Jun, 2018 12:00am
Interim cabinet may be formed in couple of days

Interim cabinet may be formed in couple of days

The interim cabinet of caretaker Prime Minister Justice Nasirul Mulk (Retd) is likely to be formed in coming two to three days as he has started consultations with his close aides to form a cabinet consisting of people with unblemished track record.
Published 02 Jun, 2018 12:00am
Punjab's four districts: IHC rejects petitions against delimitation

Punjab's four districts: IHC rejects petitions against delimitation

Islamabad High Court (IHC) Friday rejected petitions against delimitations of constituencies of Punjab's four districts. A single bench of IHC comprising Justice Aamer Farooq conducted hearing of these petitions and maintained the Election Commission of P
Published 02 Jun, 2018 12:00am
IGP Sindh inaugurates office of SP HQs Garden

IGP Sindh inaugurates office of SP HQs Garden

Inspector General of Police (IGP) Sindh, A.D Khawaja inaugurated the office of SP Headquarters Garden at District South here on Friday. On the occasion, the Additional IGP Karachi, Zonal DIGs, SSP South, SSP. City and other officials accompanied the IGP,
Published 02 Jun, 2018 12:00am
Tax payment: FBR facilitates taxpayers through timely correction in CPRs

Tax payment: FBR facilitates taxpayers through timely correction in CPRs

The Federal Board of Revenue (FBR) has taken a new step to facilitate taxpayers in payment of sales tax and income tax through timely correction in Computerized Payment Receipts (CPRs). In this regard, the FBR has issued instructions to the field formatio
Published 02 Jun, 2018 12:00am
14th National Assembly comes to an end with legislative distinction

14th National Assembly comes to an end with legislative distinction

Despite political controversies in the past five years, the 14th National Assembly took up an unprecedented legislative agenda by approving 205 bills as compared to 134 and 51 bills passed by 13th and 12th National Assemblies during their five-year terms
Published 02 Jun, 2018 12:00am
Zulfiqar Khosa, his family join PTI

Zulfiqar Khosa, his family join PTI

Senior dissident PML-N leader from south Punjab and former Punjab Governor Zulfiqar Ali Khosa and his family members joined the Pakistan Tehreek-e-Insaf (PTI) on Friday. Khosa announced his joining of the party during his meeting with PTI Chairman Imran K
Published 02 Jun, 2018 12:00am
NTP foresees improved connectivity, accessibility

NTP foresees improved connectivity, accessibility

The transport sector has been categorized in eight sub-sectors under new National Transport Policy (NTP) 2018, envisaging development of master plans for these sub-sectors for policy implementation in a rapid and smooth way. National Transport Policy 2018
Published 02 Jun, 2018 12:00am
NAB files reference against 13 persons

NAB files reference against 13 persons

National Accountability Bureau (NAB), Karachi has filed reference against 13 persons over the allegations of illegal investment and restructuring of investment amounting to Rs 100 million in First Dawood Investment Bank Ltd (FDIBL) by National Insurance C
Published 02 Jun, 2018 12:00am
Sindh government fails to impose ban on fishing

Sindh government fails to impose ban on fishing

The outgoing Sindh government has shunned banning fishing across the provincial seawaters for two months - June and July, sources said on Friday. Now, fish and shrimp hunt in the breeding season will continue across the Sindh seawaters, though Karachi Fis
Published 02 Jun, 2018 12:00am
KPC signs MoU with CEJ for journalists' capacity-building

KPC signs MoU with CEJ for journalists' capacity-building

The Karachi Press Club (KPC) and the Centre for Excellence in Journalism-IBA on Thursday signed a Memorandum of Understanding to start year-long professional capacity-building program for the journalists in city The document was signed by the KPC presiden
Published 02 Jun, 2018 12:00am
Fata-KP merger to benefit tribesmen: BMP

Fata-KP merger to benefit tribesmen: BMP

Chairman of Businessmen Panel (BMP), Mian Anjum Nisar has said that there are lots of opportunities waiting for the people of Fata, the benefits of which can be harvested if the challenges beyond the merger are handled carefully, it also opens an opportun
Published 02 Jun, 2018 12:00am
SBP's DPC becomes operational from June 1

SBP's DPC becomes operational from June 1

The Deposit Protection Corporation (DPC), a subsidiary of State of Bank of Pakistan has commenced its business with effect from 1st June, 2018 to protect the interest of small depositors. The objective of this corporation is to compensate fully or partial
Published 02 Jun, 2018 12:00am
ABL Islamic Asset Allocation Fund launched

ABL Islamic Asset Allocation Fund launched

ABL Asset Management is pleased to announce the launch of ABL Islamic Asset Allocation Fund (ABLIAAF), an open-end Shariah Compliant Asset Allocation Scheme. ABLIAAF provides an ideal opportunity for investors to generate competitive returns through a mix
Published 02 Jun, 2018 12:00am
ABL Islamic Asset Allocation Fund launched

ABL Islamic Asset Allocation Fund launched

ABL Asset Management is pleased to announce the launch of ABL Islamic Asset Allocation Fund (ABLIAAF), an open-end Shariah Compliant Asset Allocation Scheme. ABLIAAF provides an ideal opportunity for investors to generate competitive returns through a mix
Published 02 Jun, 2018 12:00am
LCCI hopes political parties will show maturity on national issues

LCCI hopes political parties will show maturity on national issues

The Lahore Chamber of Commerce & Industry on Friday urged the political parties to show maturity to safeguard the interests of the country. LCCI President Malik Tahir Javaid said that due to political unrest trade and economic activities are sinking there
Published 02 Jun, 2018 12:00am
Electricity available despite hot weather, claims Shahbaz

Electricity available despite hot weather, claims Shahbaz

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif has said that new projects will be launched and every city will be renovated, if an opportunity is accorded by Almighty Allah. Talking to former assembly members, local bodies' representatives
Published 02 Jun, 2018 12:00am
CJP visits LGH

CJP visits LGH

Chief Justice of Pakistan Justice Mian Saqib Nisar on Friday paid a visit to the Lahore General Hospital (LGH) to get update about the health facilities being extended to the patients in the hospital.
Published 02 Jun, 2018 12:00am
Power shortages reach 3100MW

Power shortages reach 3100MW

Power shortage has reached to 3100 megawatt that led to increase in load shedding both on rural and urban feeders. Sources said reduction on water releases from Tarbela and Mangla dams was prime reason of drop in power generation that was recorded at 2110
Published 02 Jun, 2018 12:00am
Baloch terms move to delay election unconstitutional

Baloch terms move to delay election unconstitutional

Secretary General, Jamaat-e-Islami, Liaqat Baloch, who is also Secretary General of the MMA, has said that the Balochistan assembly resolution and the letter of the ex- Chief Minister of Khyber Pakhtunkhwa for delay in the elections were unconstitutional
Published 02 Jun, 2018 12:00am
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