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Print - 2018-06-16
Chaudhry Nisar no more with PML-N?

Chaudhry Nisar no more with PML-N?

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique Friday said that reconciliatory efforts with Chaudhry Nisar Ali Khan were making progress but now the same have failed.
Published 16 Jun, 2018 12:00am
MOST to develop science & technology parks

MOST to develop science & technology parks

Ministry of Science and Technology (MOST) has planned to establish Science and Technology Park and three to four Incubation centres at its Research and Development organization involving industry to make it successful intervention.
Published 16 Jun, 2018 12:00am
Illegal sale of petrol continues unabated in Sargodha

Illegal sale of petrol continues unabated in Sargodha

The illegal sale of petrol and decanting is going on unchecked across the city and the departments concerned have yet to check this practice. The people said that a lot of shops of this kind were doing business illegally.
Published 16 Jun, 2018 12:00am
Government urged to increase forest areas by planting trees

Government urged to increase forest areas by planting trees

Pakistan Furniture Council (PFC) Friday demanded the government to enhance forest cover areas by planting trees to reduce volume of importing softwood in furniture sector which would help saving billions of rupees in the form of foreign exchange.
Published 16 Jun, 2018 12:00am
AIOU to upgrade FM radio network

AIOU to upgrade FM radio network

Allama Iqbal Open University (AIOU) has decided to upgrade its FM's Radio network for providing media's support to its 1.3 million students across the country in their academic pursuits. It has been planned to install new transmitters at eight major citie
Published 16 Jun, 2018 12:00am
Prime Minister for adherence to spirit of compassion, harmony

Prime Minister for adherence to spirit of compassion, harmony

Prime Minister Former Justice Nasirul Mulk has observed that the joyous occasion of Eid ul Fitr heralds completion of Ramazan ul Mubarak which further promotes the qualities of purity, self control, compassion and sacrifice.
Published 16 Jun, 2018 12:00am
Justice Dost for expediting work on BRT project

Justice Dost for expediting work on BRT project

Caretaker Chief Minister Khyber Pakhtunkhwa former Justice Dost Muhammad Khan has directed for accelerated work on the remaining portion of Bus Rapid Transit (BRT) Peshawar adding that the speed on the mega project should be more organized and disciplined
Published 16 Jun, 2018 12:00am
Killing of Bukhari in IoK widely condemned

Killing of Bukhari in IoK widely condemned

Hurriyat leaders and organizations and journalists' bodies have strongly denounced the killing of the Chief Editor of daily Rising Kashmir and renowned Kashmiri journalist, Shujaat Bukhari in Indian occupied Kashmir. According to Kashmir Media Service, Sh
Published 16 Jun, 2018 12:00am
UN envoy for further extension of ceasefire with Taliban

UN envoy for further extension of ceasefire with Taliban

The United Nations envoy in Afghanistan has expressed hope that the temporary ceasefires between Afghan government and the Taliban marking the final days of the holy month of Ramadan in the war-battered nation, will lead to the lasting peace that the peop
Published 16 Jun, 2018 12:00am
Development assistance to Afghanistan reaches $1 billion mark : envoy

Development assistance to Afghanistan reaches $1 billion mark : envoy

Pakistan Ambassador to China, Masood Khalid said on Friday that Pakistan's development assistance to Afghanistan has reached US$1 billion and the country's development assistance is geared towards investment in infrastructure, education, health, agricultu
Published 16 Jun, 2018 12:00am
Eid to be celebrated amid tight security in Faisalabad

Eid to be celebrated amid tight security in Faisalabad

Eidul Fitr will be celebrated amid tight security arrangements here on Saturday. According to a police spokesman, Eid congregations would be held at 973 places, including 742 gatherings in mosques and 231 at open places. He said more than 5,000 police per
Published 16 Jun, 2018 12:00am
Durrani, Kaleem Imam meet caretaker CM

Durrani, Kaleem Imam meet caretaker CM

Punjab Chief Secretary Akbar Durrani and Inspector General of Police (IGP) Kaleem Imam called on caretaker Punjab Chief Minister Dr Hasan Askari here at the Chief Minister's Office on Friday. During the meeting, the commitment of holding free and fair ele
Published 16 Jun, 2018 12:00am
Zardari felicitates nation on Eid

Zardari felicitates nation on Eid

"On the auspicious occasion of Eid-ul Fitr I wish to greet the Muslims throughout the world and of Pakistan in particular and also pray that the blessings of Ramazan remain with all of us always." In his message on the eve of Eidul Fitr former President A
Published 16 Jun, 2018 12:00am
KP governor congratulates nation on Eid

KP governor congratulates nation on Eid

Governor Khyber Pakhtunkhwa Engr Iqbla Zafar Jhagra has congratulated the countrymen in general and the people of Khyber Pakhtunkhwa in particular and appealed them to maintain unity in their ranks; uphold the spirit of brotherhood; be fully conscious to
Published 16 Jun, 2018 12:00am
LCCI chief slams raise in POL prices

LCCI chief slams raise in POL prices

President of Lasbela Chamber of Commerce and Industry (LCCI), Yakoob Karim has demanded of the government to revert this unjust and massive raise in POL prices. While condemning the unjust increase in petroleum prices, he said that caretaker government ha
Published 16 Jun, 2018 12:00am
Pre-monsoon rain likely during Eid holidays

Pre-monsoon rain likely during Eid holidays

The Met Office has forecast a pre-monsoon rain during Eid holidays mostly in upcountry from Saturday (today) until Monday. A pre-monsoon rain is likely to begin from Saturday in Pakistan.
Published 16 Jun, 2018 12:00am
Talks with Nisar failed: Saad

Talks with Nisar failed: Saad

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique on Friday stated that reconciliatory efforts with Chaudhry Nisar Ali Khan were making progress before, they failed. Rafique took to twitter today and expressed regret at the failure of recon
Published 16 Jun, 2018 12:00am
Ayaz Sadiq felicitates nation on Eidul Fitr

Ayaz Sadiq felicitates nation on Eidul Fitr

Sardar Ayaz Sadiq, former Speaker National Assembly has extended his warm greetings to Muslim Ummah and the fellow countrymen on the auspicious occasion of Eid-ul-Fitr.
Published 16 Jun, 2018 12:00am
Scrutiny of nomination papers to conculde on June 19

Scrutiny of nomination papers to conculde on June 19

The process of scrutiny of nomination papers filed by candidates for upcoming general elections is continuing. According to the Election Commission, a total of 21,482 nomination papers have been filed across the country for general elections.
Published 16 Jun, 2018 12:00am
Askari prays for recovery of Kalsoom Nawaz

Askari prays for recovery of Kalsoom Nawaz

Caretaker Punjab Chief Minister Dr Hasan Askari has prayed for early recovery of Begum Kalsoom Nawaz and expressed the good wishes that may Almighty Allah grant good health to her adding that we are praying for early recovery of Begum Kalsoom Nawaz.
Published 16 Jun, 2018 12:00am
Security beefed-up in Islamabad

Security beefed-up in Islamabad

The Islamabad Capital Territory (ICT) Police, under a comprehensive plan, have further tightened security across the Federal Capital to avoid any untoward incident by deploying additional personnel at mosques and Imambargahs for Eid-ul-Fitr prayers.
Published 16 Jun, 2018 12:00am
'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

The World Bank (WB) is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor along the Khyber Pass.
Published 16 Jun, 2018 12:00am
'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

'WB's $100 million Sindh Solar Energy Project to cut carbon footprint'

The World Bank (WB) is committing over half a billion dollars through two projects to support renewable energy in Sindh and expand economic activity between Pakistan and Afghanistan through the development of an economic corridor along the Khyber Pass.
Published 16 Jun, 2018 12:00am
New CS meets Sindh governor

New CS meets Sindh governor

The newly appointed Chief Secretary Sindh Azam Suliman here Friday called on Governor Sindh, Muhammad Zubair at Governor House. The overall law and order situation of province, on-going electoral process and other issues of mutual interest came under disc
Published 16 Jun, 2018 12:00am
Eidul Fitr prayers timings for Karachiites

Eidul Fitr prayers timings for Karachiites

Following is the schedule of Eidul Fitr prayers to be held in different mosques, Imambargahs, Eidgah grounds and Parks, etc., in the metropolis on Saturday. For Ahl-e-Sunnat school of thought:
Published 16 Jun, 2018 12:00am
Asma Alamgir to face Noor Alam in NA-27

Asma Alamgir to face Noor Alam in NA-27

Asma Alamgir, the wife of the former federal minister Arbab Alamgir Khan is facing Noor Alam Khan of PTI, Haji Ghulam Ali of JUI-F and Shafie Akbar of ANP in election for National Assembly Constituency NA-27. The PML-N is in search of suitable candidate a
Published 16 Jun, 2018 12:00am
Eidul Fitr prayers held in Paris

Eidul Fitr prayers held in Paris

Ambassador of Pakistan to France Moin ul Haque offered Eid-ul-Fitr prayers with members of Pakistani community in the Embassy of Pakistan in Paris. Special arrangements were made by the Embassy to facilitate the community members to offer Eid prayers alon
Published 16 Jun, 2018 12:00am
LSM dominates KP manufacturing sector with 7 percent contribution to GDP

LSM dominates KP manufacturing sector with 7 percent contribution to GDP

Large Scale Manufacturing (LSM) is dominating the manufacturing sector of Khyber Pakhtunkhwa by contributing 7 percent to Gross Domestic Product (GDP) during 2016-17, said the latest KP Economic Review released recently. Manufacturing is considered as bac
Published 16 Jun, 2018 12:00am
Strict security steps taken at Lahore Zoological Garden

Strict security steps taken at Lahore Zoological Garden

The Punjab Wildlife & Parks Department has taken strict security measures at the Lahore Zoological Garden and Lahore Safari Zoo to ensure protection of visitors during Eid holidays. Besides deputing 80 security personnel at the Lahore Gardens and 50 at th
Published 16 Jun, 2018 12:00am
KP CM felicitates nation on Eid

KP CM felicitates nation on Eid

Caretaker Chief Minister Khyber Pakhtunkhwa former justice Dost Muhammad Khan has felicitated the nation on the occasion of Eid-ul-Fitr adding that Eid is occasion that create the spirit of collectiveness and togetherness amongst the Muslim Umma. "Today w
Published 16 Jun, 2018 12:00am
Eidul Fitr observed in parts of KP

Eidul Fitr observed in parts of KP

Partial Eid-ul-Fitr observed in Khyber Pakhtunkhwa as unofficial Ruet-e-Hilal Committee of the Masjid Qasim Ali Khan announced the religious festival. The management of the mosque had stated to have received more than 40 witnesses about the sighting of mo
Published 16 Jun, 2018 12:00am
'Kumrat' cultural festival commence on June 22

'Kumrat' cultural festival commence on June 22

Brisk arrangements were continued for organizing three-day Kumrat Summer Sports and Cultural Festival at scenic Kumrat Valley that will commence from June 22. According to Deputy Commissioner (DC) Dir Upper District Irfan Mehsud, all possible facilities w
Published 16 Jun, 2018 12:00am
KP food watchdog slaps Rs 1 million fines on bakeries

KP food watchdog slaps Rs 1 million fines on bakeries

Khyber-Pakhtunkhwa Food Authority in a crackdown imposed heavy fines and discarded bulk of adulterated food items in a number of operations carried out across the province. In a press statement issued here, the KP Food Authority said that about Rs 1 milli
Published 16 Jun, 2018 12:00am
191 candidates vie for Mardan district's 3 NA, 8 PA seats

191 candidates vie for Mardan district's 3 NA, 8 PA seats

A total of 191 candidates belonging to various political, religious parties and independents have submitted their nomination papers for 3 National Assembly (NA) and 8 provincial assembly (PA) seats in Mardan district. Former chief minister Ameer Haider Ho
Published 16 Jun, 2018 12:00am
AHSAN RAZA (LAHORE)

AHSAN RAZA (LAHORE)

The Supreme Court has made it clear that it was not the apex court but the government of the day that allowed former president and army chief General Pervez Musharraf (retd) to leave the country on medical ground. According to the apex court, the decision
Published 16 Jun, 2018 12:00am
Reforms needed to create a clean, honest political system

Reforms needed to create a clean, honest political system

The real authority to command respect of people and society is moral authority. History tells us that people did not have temporal power but they ruled the hearts and minds of people because of the strength of their character. Such characters are also amo
Published 16 Jun, 2018 12:00am
Budgeting democracy

Budgeting democracy

Unlimited resources need a budget not. Conventional wisdom understands budgeting as a process for curtailing expenditure to match available limited resources. And for most rational persons, including artificial persons, available resources are exclusive o
Published 16 Jun, 2018 12:00am
Country's power predicament

Country's power predicament

The summer of 2018 is not much different from that of 2013 with a bit of change in demography. Lahore fared better in load shedding whereas Karachi suffered much from load shedding.
Published 16 Jun, 2018 12:00am
An unsavoury episode

An unsavoury episode

The manner in which Zulfiqar Hussain Bukhari, a friend of PTI Chairman Imran Khan, was allowed to leave the country for performing Umra has generated a raging controversy. Understandably so, given that it involved violation of the core democratic principl
Published 16 Jun, 2018 12:00am
Trump-Kim summit: China is the winner

Trump-Kim summit: China is the winner

There is no doubt about the fact that the dust has finally settled on the Donald Trump-Kim Jong-un historic summit. There is, therefore, no harm in making an attempt to figure out what was ultimately achieved. There is also no doubt about the fact that th
Published 16 Jun, 2018 12:00am
CoAS prays for recuperation of Kulsoom Nawaz

CoAS prays for recuperation of Kulsoom Nawaz

Army Chief General Qamar Javed Bajwa has prayed for early recovery of Begum Kulsoom Nawaz. In a message to former Prime Minister Nawaz Sharif and his family, the Army Chief expressed good wishes for Begum Kulsoom Nawaz. The leaders of PML-Q Chaudhry Shuja
Published 16 Jun, 2018 12:00am
CoAS prays for recuperation of Kulsoom Nawaz

CoAS prays for recuperation of Kulsoom Nawaz

Army Chief General Qamar Javed Bajwa has prayed for early recovery of Begum Kulsoom Nawaz. In a message to former Prime Minister Nawaz Sharif and his family, the Army Chief expressed good wishes for Begum Kulsoom Nawaz. The leaders of PML-Q Chaudhry Shuja
Published 16 Jun, 2018 12:00am
EU clears Comcast bid for Sky in takeover tussle with Murdoch

EU clears Comcast bid for Sky in takeover tussle with Murdoch

The EU on Friday cleared US cable giant Comcast's bid for pan-European TV group Sky, paving the way for an epic multi-billion-dollar takeover tussle with Rupert Murdoch's 21st Century Fox. Brussels said it had "no competition concerns" over Comcast's £22-
Published 16 Jun, 2018 12:00am
EU clears Comcast bid for Sky in takeover tussle with Murdoch

EU clears Comcast bid for Sky in takeover tussle with Murdoch

The EU on Friday cleared US cable giant Comcast's bid for pan-European TV group Sky, paving the way for an epic multi-billion-dollar takeover tussle with Rupert Murdoch's 21st Century Fox. Brussels said it had "no competition concerns" over Comcast's £22-
Published 16 Jun, 2018 12:00am
Arab forces seize entrance to airport in Yemen's main port city

Arab forces seize entrance to airport in Yemen's main port city

Forces from an alliance of Arab states seized the entrance to the airport in Yemen's main port city on Friday, in an offensive against the Iran-aligned Houthi movement that the United Nations fears could trigger a famine imperilling millions of lives. The
Published 16 Jun, 2018 12:00am
Arab forces seize entrance to airport in Yemen's main port city

Arab forces seize entrance to airport in Yemen's main port city

Forces from an alliance of Arab states seized the entrance to the airport in Yemen's main port city on Friday, in an offensive against the Iran-aligned Houthi movement that the United Nations fears could trigger a famine imperilling millions of lives. The
Published 16 Jun, 2018 12:00am
Thousands throng funeral of slain IHK editor

Thousands throng funeral of slain IHK editor

Thousands of mourners thronged Friday the funeral of a veteran journalist shot dead by unidentified gunmen on a motorbike outside his office in the main city of Indian held Kashmir. Shujaat Bukhari, a leading journalist and editor of the English-language
Published 16 Jun, 2018 12:00am
Thousands throng funeral of slain IHK editor

Thousands throng funeral of slain IHK editor

Thousands of mourners thronged Friday the funeral of a veteran journalist shot dead by unidentified gunmen on a motorbike outside his office in the main city of Indian held Kashmir. Shujaat Bukhari, a leading journalist and editor of the English-language
Published 16 Jun, 2018 12:00am
Czech billionaire PM forms coalition with Social Democrats

Czech billionaire PM forms coalition with Social Democrats

Czech billionaire Prime Minister Andrej Babis on Friday clinched a minority coalition deal with the leftwing Social Democrats (CSSD), but will still have to rely on the informal backing of the communist party to win a confidence vote in parliament. Social
Published 16 Jun, 2018 12:00am
HuffPost journalist and colleagues receive online threats

HuffPost journalist and colleagues receive online threats

At least 11 journalists at HuffPost, their families and others were harassed and threatened online in late May and early June 2018, Lydia Polgreen, editor in chief at HuffPost, told CPJ. The harassment came after the outlet published a piece written by re
Published 16 Jun, 2018 12:00am
Former Trump campaign chief sent to jail after bail revoked

Former Trump campaign chief sent to jail after bail revoked

A US federal judge sent Paul Manafort, President Donald Trump's former campaign manager, to jail on Friday ahead of his trial on money laundering, tax and bank fraud charges. Judge Amy Berman Jackson revoked Manafort's bail over claims he was tampering wi
Published 16 Jun, 2018 12:00am
SoftBank plans $60-100 billion investment in solar in India: report

SoftBank plans $60-100 billion investment in solar in India: report

Japan's SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank anno
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
MoF set to underwrite MTOPP tariff differential

MoF set to underwrite MTOPP tariff differential

Ministry of Finance is said to underwrite tariff differential of Machike-Taru Jabba Oil Pipeline Project (MTOPP) to be undertaken by the Inter State Gas Systems (Private) Limited (ISGS), well informed sources in Petroleum Division told Business Recorde
Published 16 Jun, 2018 12:00am
Afghan official confirms US drone kills Mullah Fazlullah

Afghan official confirms US drone kills Mullah Fazlullah

A US drone strike in northeastern Kunar province killed Pakistan Taliban chief Mullah Fazlullah, the insurgent leader who ordered the assassination of Nobel Peace Prize winner Malala Yousafzai, an Afghan Defence Ministry spokesman said Friday. In a teleph
Published 16 Jun, 2018 12:00am
Afghan official confirms US drone kills Mullah Fazlullah

Afghan official confirms US drone kills Mullah Fazlullah

A US drone strike in northeastern Kunar province killed Pakistan Taliban chief Mullah Fazlullah, the insurgent leader who ordered the assassination of Nobel Peace Prize winner Malala Yousafzai, an Afghan Defence Ministry spokesman said Friday. In a teleph
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world''s two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Trump sets $50 billion in China tariffs

Trump sets $50 billion in China tariffs

US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies. Trump, whose hardline stance
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation set to build RLNG terminal at Sonmiani

Bahria Foundation is all set to construct Re-gasified Liquefied Natural Gas (RLNG) terminal at Sonmiani, to be connected through Hub-Nawabshah gas pipeline project, without any public funding, well-informed sources told Business Recorder.
Published 16 Jun, 2018 12:00am
Kulsoom still on life support: Hasan

Kulsoom still on life support: Hasan

Former prime minister Nawaz Sharif's son, Hasan, on Friday said his mother Begum Kulsoom's vitals are stable but she is still on life support - 24 hours after she suffered a cardiac arrest. "Begum Kulsoom's vitals are stable but she is still on life suppo
Published 16 Jun, 2018 12:00am
Kulsoom still on life support: Hasan

Kulsoom still on life support: Hasan

Former prime minister Nawaz Sharif's son, Hasan, on Friday said his mother Begum Kulsoom's vitals are stable but she is still on life support - 24 hours after she suffered a cardiac arrest. "Begum Kulsoom's vitals are stable but she is still on life suppo
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Eligible textile exporters: Banks asked to pay duty drawbacks

Eligible textile exporters: Banks asked to pay duty drawbacks

The State Bank of Pakistan (SBP) has asked banks for implementation on the procedure, issued by Ministry of Commerce and Textile, for payment of claims of duty drawback of taxes on export of textile products. The scheme was announced by the federal govern
Published 16 Jun, 2018 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today, Saturday (June 16) and tomorrow, Sunday (June 17) on account of EID UL FITR. There will, therefore, be no issue of the newspaper and internet editon on Sunday and Monday (June 17 & 18).
Published 16 Jun, 2018 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today, Saturday (June 16) and tomorrow, Sunday (June 17) on account of EID UL FITR. There will, therefore, be no issue of the newspaper and internet editon on Sunday and Monday (June 17 & 18).
Published 16 Jun, 2018 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr marking the culmination of the holy month of Ramazan is being celebrated throughout the country, including Azad Kashmir and Gilgit-Baltistan on Saturday (today) with great religious fervour and festivity. The faithful will offer Eid prayers at
Published 16 Jun, 2018 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr marking the culmination of the holy month of Ramazan is being celebrated throughout the country, including Azad Kashmir and Gilgit-Baltistan on Saturday (today) with great religious fervour and festivity. The faithful will offer Eid prayers at
Published 16 Jun, 2018 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 11 to 14, 2018).

Published 16 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Friday (June 15, 2018) and the forecast for Saturday (June 16, 2018).

Published 16 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 16 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Jun, 2018 12:00am
BHP approves US$2.9 billion Australian iron ore mine

BHP approves US$2.9 billion Australian iron ore mine

Mining giant BHP on Friday approved a new US$2.9 billion mine in resource-rich northwestern Australia as the country's top iron ore producers race to meet Chinese demand for higher-quality metals.
Published 16 Jun, 2018 12:00am
Venezuela eyes first-ever refining of foreign oil

Venezuela eyes first-ever refining of foreign oil

Venezuela is considering producing fuels from foreign crude oil for the first time, according to planning documents seen by Reuters, as the country struggles to meet its obligations despite having the world's largest crude reserves.
Published 16 Jun, 2018 12:00am
Thailand to buy Airbus satellite as junta chief visits France

Thailand to buy Airbus satellite as junta chief visits France

Thailand's junta chief will secure the purchase of a $215 million observation satellite from Airbus during his trip to France this month, a diplomatic source said Friday, as Europe re-engages with the kingdom following a chill in relations after a 2014 co
Published 16 Jun, 2018 12:00am
US industrial output slips

US industrial output slips

A sharp decline in manufacturing especially of autos caused total US industrial output in May to dip for the first time since the start of the year, the Federal Reserve reported Friday. A fire at a plant producing truck parts was blamed for most of the dr
Published 16 Jun, 2018 12:00am
Foreign investment in Canadian securities hits five-month high

Foreign investment in Canadian securities hits five-month high

Foreign investment in Canadian securities hit a five-month high in April as non-residents targeted the bond market after four straight months of divestment, Statistics Canada said on Friday. Outsiders bought a net C$9.13 billion ($6.97 billion) of securit
Published 16 Jun, 2018 12:00am
Canada home resales fall in May, lowest in over five years

Canada home resales fall in May, lowest in over five years

Resales of Canadian homes fell 0.1 percent in May from April to the lowest level in more than five years, the Canadian Real Estate Association said on Friday. The industry group said actual sales, not seasonally adjusted, fell 16.2 percent from a year ear
Published 16 Jun, 2018 12:00am
New Zealand to tax tourists as influx grows

New Zealand to tax tourists as influx grows

Tourists to New Zealand are to be charged a special tax, under new government plans announced Friday to deal with the growing influx of holidaymakers coming from overseas.
Published 16 Jun, 2018 12:00am
New Zealand to tax tourists as influx grows

New Zealand to tax tourists as influx grows

Tourists to New Zealand are to be charged a special tax, under new government plans announced Friday to deal with the growing influx of holidaymakers coming from overseas.
Published 16 Jun, 2018 12:00am
Argentina peso strengthens after central bank shake-up
Currency

Argentina peso strengthens after central bank shake-up

Argentina's peso strengthened more than 2 percent on Friday after the resignation of former Central Bank President Federico Sturzenegger, who was replaced late on Thursday by former Finance Minister Luis Caputo. The surprise shakeup, which followed severa
Published 16 Jun, 2018 12:00am
Eurozone inflation confirmed at 1.9 percent, labour costs surge

Eurozone inflation confirmed at 1.9 percent, labour costs surge

Eurozone consumer prices rose by 1.9 percent in May, pumped up by higher costs of energy, food and services, data showed on Friday, while labour costs rose at their sharpest rate for five years in the first quarter of 2018.
Published 16 Jun, 2018 12:00am
China's home prices rise at fastest pace in nearly a year

China's home prices rise at fastest pace in nearly a year

China's home prices in May logged their fastest growth in nearly a year, suggesting buyers are targeting smaller cities even as the government steps up measures to clamp down on speculation. Average new home prices in China's 70 major cities rose 0.7 perc
Published 16 Jun, 2018 12:00am