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Print - 2018-06-21
US lawmakers hammer commerce secretary Ross over trade

US lawmakers hammer commerce secretary Ross over trade

Indignant US lawmakers on Wednesday grilled Commerce Secretary Wilbur Ross on President Donald Trump's multi-front trade offensive, saying it risked spiraling out of control and damaging the American economy. Pleading for an assortment of interests - from
Published 21 Jun, 2018 12:00am
Irish unemployment rate revised to lowest since 2008

Irish unemployment rate revised to lowest since 2008

Ireland's unemployment rate was revised down to 5.3 percent in May from an initial estimate of 5.8 percent, matching its low in February 2008, just before the global financial crisis, figures from the state's statistics office showed on Wednesday.
Published 21 Jun, 2018 12:00am
US home sales stumble as prices hit record high

US home sales stumble as prices hit record high

US home sales unexpectedly fell for the second straight month in May as an acute shortage of properties on the market pushed house prices to a record high. The sales decline, which was reported by the National Association of Realtors (NAR) on Wednesday, i
Published 21 Jun, 2018 12:00am
Hungary adopts law penalising migrant aid groups

Hungary adopts law penalising migrant aid groups

Hungary's parliament adopted Wednesday a controversial package of laws penalising NGOs that help migrants, a key proposal of the firebrand nationalist Prime Minister Viktor Orban. Dubbed the "Stop Soros" laws after liberal US billionaire George Soros, acc
Published 21 Jun, 2018 12:00am
Dominican Republic names ambassador to China

Dominican Republic names ambassador to China

The Dominican Republic appointed its first ambassador to China on Tuesday, after switching diplomatic ties from Taiwan in April. The envoy is Briunny Garabito Segura, who has previously served as ambassador to Colombia and Canada.
Published 21 Jun, 2018 12:00am
More than 450 UK patients died from strong hospital drugs

More than 450 UK patients died from strong hospital drugs

More than 450 patients died at a hospital in England after being given strong painkillers without "medical justification", a report found Wednesday. An independent panel led the investigation into the deaths between 1989 and 2000 at the Gosport War Memori
Published 21 Jun, 2018 12:00am
30 Afghan security forces killed in Taliban attacks

30 Afghan security forces killed in Taliban attacks

Taliban fighters killed around 30 Afghan security forces in multiple attacks in western Afghanistan, officials said Wednesday, in the deadliest clashes since the militant group ended its ceasefire. Militants stormed at least two bases belonging to governm
Published 21 Jun, 2018 12:00am
Khamenei says 'no need' to join global agreements

Khamenei says 'no need' to join global agreements

Iran has "no need to join" global agreements on areas such as terrorism and money laundering, the country's supreme leader Ayatollah Ali Khamenei said Wednesday as the issue divides parliament. Describing parliament as "mature and wise", Khamenei said law
Published 21 Jun, 2018 12:00am
At least 10 killed in Zambia mine dump collapse

At least 10 killed in Zambia mine dump collapse

At least 10 subsistence miners were killed when a mine dump known locally as Black Mountain collapsed in Zambia's second-largest city and copperbelt mining hub Kitwe on Wednesday, police said. The vast mound of dark earth in the country's northeast has be
Published 21 Jun, 2018 12:00am
Russian airline launches flight to Iraq

Russian airline launches flight to Iraq

Russian airline Red Wings on Wednesday made its maiden flight to Iraq as commercial services between Moscow and Baghdad resume following the 2003 Iraqi War. The Airbus 320 took off at 1.30am Moscow time from the Russian capital's Domodedovo airport.
Published 21 Jun, 2018 12:00am
EU copyright law passes key hurdle

EU copyright law passes key hurdle

A highly disputed European copyright law that could force online platforms such as Google and Facebook to pay for links to news content passed a key hurdle in the European Parliament on Wednesday. Major publishers have pushed for the reform, seeing it as
Published 21 Jun, 2018 12:00am
Germany foiled biological attack with Tunisian arrest

Germany foiled biological attack with Tunisian arrest

German police said Wednesday they had foiled a biological attack with last week's arrest of a Tunisian suspected jihadist in possession of the deadly poison ricin and bomb-making material. "Very concrete preparations had been made for an act with a ... bi
Published 21 Jun, 2018 12:00am
British PM fends off Brexit defeat by pro-EU rebels

British PM fends off Brexit defeat by pro-EU rebels

British Prime Minister Theresa May's government saw off a rebellion by her pro-European MPs on Wednesday after making further concessions over parliament's role in the final Brexit deal. MPs in the House of Commons voted to reject a motion that would have
Published 21 Jun, 2018 12:00am
US top asylum-seekers' destination in OECD in 2017

US top asylum-seekers' destination in OECD in 2017

The United States - facing massive controversy over immigration - received more asylum requests than any other developed nation in 2017, overtaking Germany, the OECD said in a report published Wednesday. Asylum requests went up 26 percent in the US to 330
Published 21 Jun, 2018 12:00am
Algeria goes offline to stop students cheating

Algeria goes offline to stop students cheating

Algeria went offline on Wednesday for the start of high school diploma exams, the first in a series of internet blackouts to stop students cheating. Mobile and fixed internet lines were cut across the country for a total of two hours, to coincide with the
Published 21 Jun, 2018 12:00am
Trump promises order to end family separations

Trump promises order to end family separations

President Donald Trump said Wednesday that he is preparing to sign an executive order to halt the separation of migrant children from their parents on the US border, as global criticism of the practice mounted. The announcement came after his administrati
Published 21 Jun, 2018 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded August copper contract on the Shanghai Futures Exchange slipped 0.9 percent to 51,850 yuan ($8,011) a tonne on Wednesday as a deepening trade row between China and the United States capped any recovery in risk appetite.
Published 21 Jun, 2018 12:00am
Copper hits three-week low as inventories rise, aluminium slips

Copper hits three-week low as inventories rise, aluminium slips

Copper slipped to a three-week low on Wednesday after an inventory rise highlighted a healthy supply situation while aluminium sank to its lowest since April after data showed a rise in global output. Aluminium and some other metals were boosted earlier i
Published 21 Jun, 2018 12:00am
US crude jumps on stock draw; Brent slips ahead of OPEC meet

US crude jumps on stock draw; Brent slips ahead of OPEC meet

US crude futures rose nearly 2 percent on Wednesday, supported by a drop in domestic inventories, while Brent edged down ahead of an OPEC meeting later this week that may result in increased global production. US crude inventories fell 5.9 million barrels
Published 21 Jun, 2018 12:00am
Rubber rebounds

Rubber rebounds

Benchmark Tokyo rubber futures rebounded on Wednesday, tracking Shanghai gains, but increasing supplies and weak demand continued to weigh on the market. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, rec
Published 21 Jun, 2018 12:00am
Palm oil charts third day of losses
Vegetable Oil

Palm oil charts third day of losses

Malaysian palm oil futures fell on Wednesday evening, charting a third consecutive session of declines, as the market was weighed down by weaker related edible oils and slowing exports.
Published 21 Jun, 2018 12:00am
ICE cocoa surges to three-week highs; sugar coffee higher

ICE cocoa surges to three-week highs; sugar coffee higher

Cocoa futures on ICE rallied more than 3 percent to three-week highs on Wednesday, after flooding in the commercial capital of Ivory Coast spurred speculative buying and the spot contract in London extended its premium over September.
Published 21 Jun, 2018 12:00am
Gold plunges in New York

Gold plunges in New York

Gold fell to a near six-month low and platinum hit its lowest since February 2016 on Wednesday as a stronger greenback was overwhelmed by safe-haven buying, spurred by fears of a trade war between the world's two top economies. The US dollar index touched
Published 21 Jun, 2018 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold traded in a narrow range on Wednesday, hovering near a six-month low hit in the previous session, amid a firm dollar and stronger Asian equities. Spot gold held steady at $1,273.83 an ounce, as of 0655 GMT. The metal fell to its lowest since Dec. 22
Published 21 Jun, 2018 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied near a six month low on Wednesday as a dollar rally to 11 month peaks was offset by festering global trade tensions, while platinum hit a 2-1/2 year trough. Trade tensions between the United States and China are showing no signs of easing. O
Published 21 Jun, 2018 12:00am
Brazil freight impasse lingers

Brazil freight impasse lingers

A Brazilian Supreme Court hearing ended with no consensus on the adoption of minimum freight prices and whether such prices should be dictated by the government, Justice Luiz Fux said on Wednesday. Minimum freight prices, introduced by decree after an 11-
Published 21 Jun, 2018 12:00am
US MIDDAY: gold lower

US MIDDAY: gold lower

Gold prices dropped, remaining near a six-month low on Wednesday as the US dollar hovered around 11 month peaks but was offset by festering global trade tensions, while platinum hit a 2-1/2-year trough. Rising US interest rates also pressured bullion.
Published 21 Jun, 2018 12:00am
SECP introduces draft regulations for issuing equity shares

SECP introduces draft regulations for issuing equity shares

A company may issue equity shares with differential rights subject to compliance with the laid down conditions of the Securities and Exchange Commission of Pakistan (SECP). In this connection, the Securities and Exchange Commission of Pakistan (SECP) has
Published 21 Jun, 2018 12:00am
Employee Stock Option Scheme: SECP issues procedure for public companies

Employee Stock Option Scheme: SECP issues procedure for public companies

The Securities and Exchange Commission (SECP) has issued a detailed procedure for the public companies to introduce Employee Stock Option Scheme for their employees. Through SRO 769(I) 2018 issued by the SECP here on Wednesday, the SECP has specified cond
Published 21 Jun, 2018 12:00am
Pak Libya Holding Company maintains ratings

Pak Libya Holding Company maintains ratings

Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Pak Libya Holding Company (Private) Limited [PLHC] at AA- (Double A minus) and A1+ (A one plus) respectively.
Published 21 Jun, 2018 12:00am
Pak Libya Holding Company maintains ratings

Pak Libya Holding Company maintains ratings

Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Pak Libya Holding Company (Private) Limited [PLHC] at AA- (Double A minus) and A1+ (A one plus) respectively.
Published 21 Jun, 2018 12:00am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is the oil marketing company of the Attock Oil Group, the only integrated oil group in the country with Pakistan Oilfields Limited as The E&P firm, and Attock Refinery and National Refinery Limited in the downstream ref
Updated 22 Jun, 2018 05:47am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is the oil marketing company of the Attock Oil Group, the only integrated oil group in the country with Pakistan Oilfields Limited as The E&P firm, and Attock Refinery and National Refinery Limited in the downstream ref
Published 21 Jun, 2018 12:00am
Askari condoles Yusufi's death

Askari condoles Yusufi's death

Caretaker Punjab Chief Minister Dr Hasan Askari on Wednesday expressed a deep sense of sorrow and grief over the death of famous Urdu humour writer Mushtaq Ahmed Yusufi. He has extended sympathies to the bereaved family and prayed to Almighty Allah to res
Published 21 Jun, 2018 12:00am
Longest day of 2018 today

Longest day of 2018 today

21st June (today) is the longest day in Pakistan with 15.06 hours day light. The Sun rises at 04.56 hours and sets 07.12 p.m. on this day. It may be added that June Solstice: is the Longest and Shortest Day of the Year. The June solstice is the summer sol
Published 21 Jun, 2018 12:00am
Police wanted to conceal Raiwind suicide attack: Ex-CCPO

Police wanted to conceal Raiwind suicide attack: Ex-CCPO

The Punjab police had tried to conceal the Raiwind suicidal attack targeting congregational site of the Raiwind Tablighi Markaz on March 15 last year in which at least 12 people, including seven policemen, lost their lives; was not a terrorist attack, sai
Published 21 Jun, 2018 12:00am
LCCI seminar: Speakers call for extension in tax amnesty scheme

LCCI seminar: Speakers call for extension in tax amnesty scheme

An extension in Tax Amnesty Scheme 2018, coupled with awareness campaign, can help highest number of businessmen to avail full benefit of this good initiative. This scheme is beneficial both for the government and the business community as it would help p
Published 21 Jun, 2018 12:00am
LCCI seminar: Speakers call for extension in tax amnesty scheme

LCCI seminar: Speakers call for extension in tax amnesty scheme

An extension in Tax Amnesty Scheme 2018, coupled with awareness campaign, can help highest number of businessmen to avail full benefit of this good initiative. This scheme is beneficial both for the government and the business community as it would help p
Published 21 Jun, 2018 12:00am
At-Tahur's Prema milk brand enjoys largest market share

At-Tahur's Prema milk brand enjoys largest market share

At-Tahur Limited founded in 2007, launched its Prema brand in 2008, the company's product portfolio includes dairy products, i.e, milk and a wide range of kindred products like yogurt and other variants. The Company was incorporated as a private limited C
Published 21 Jun, 2018 12:00am
Benazir Bhutto's 65th birth anniversary today

Benazir Bhutto's 65th birth anniversary today

In a message on the eve of the 65th birthday of Shaheed Mohtarma Benazir Bhutto on Thursday, former President Asif Ali Zardari has reiterated the Party's commitment to continue fight for women rights rejecting also 'assault on women rights in the name of
Published 21 Jun, 2018 12:00am
PCJCCI, NUR University to collaborate in educational programmes

PCJCCI, NUR University to collaborate in educational programmes

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President S M Naveed said on Wednesday that with the influx of artificial intelligence, the traditional professions will be wiped out since it provides cost effective, quick and accurate solution t
Published 21 Jun, 2018 12:00am
MoU signed to set up Akhuwat College in Sialkot

MoU signed to set up Akhuwat College in Sialkot

Sialkot Chamber of Commerce and Industry (SCCI) in collaboration with Akhuwat will establish Akhuwat College in Sialkot shortly. A piece of land measuring 15 acres costing Rs 150 million had been donated by Arshad Javaid Warrich a member of Sialkot Chambe
Published 21 Jun, 2018 12:00am
Government accords top priority to free and fair polls: Askari

Government accords top priority to free and fair polls: Askari

Caretaker Punjab Chief Minister Dr. Hasan Askari Wednesday said that environment of peace is imperative for the promotion of trade and economic activities besides promoting investment and opportunities of employment. "Holding of free, fair and peaceful el
Published 21 Jun, 2018 12:00am
PFMA increases flour price

PFMA increases flour price

The Pakistan Flour Mills Association has increased price of flour and fine flour on Wednesday. The association took the decision in a meeting held the other day which was presided over by group leader Asim Raza. As per the announcement, the price of a 20
Published 21 Jun, 2018 12:00am
Performance of agriculture, food departments reviewed

Performance of agriculture, food departments reviewed

Caretaker Provincial Minister for Agriculture, Food and Planning & Development Sardar Tanvir Ilyas Khan presided over a high-level meeting held in the office of Secretary Food and Secretary Agriculture separately in order to have first and in detail brief
Published 21 Jun, 2018 12:00am
Imran is 'inexperienced' politician: Ahsan

Imran is 'inexperienced' politician: Ahsan

Terming Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan is an "inexperienced politician," former interior minister Ahsan Iqbal said on Wednesday that there is no stability in Imran's policies. Talking to media outside the Lahore High Court (LHC) Wednes
Published 21 Jun, 2018 12:00am
North Korea data shows slight children's health gains: UN

North Korea data shows slight children's health gains: UN

New data from North Korea show a "slight" improvement in children's health, the United Nations reported Wednesday, saying the isolated nation had made a step forward by providing better information about the condition of its people. The findings published
Published 21 Jun, 2018 12:00am
Philippine ex-leader Aquino charged in budget case

Philippine ex-leader Aquino charged in budget case

Former Philippine President Benigno Aquino has been indicted in a $1.35 billion criminal case over his failure to get congressional approval to use state funds to jump-start major government projects, authorities said Wednesday.
Published 21 Jun, 2018 12:00am
North Korea's Kim hails 'unity' with China in new visit

North Korea's Kim hails 'unity' with China in new visit

Kim Jong Un concluded a two-day whirlwind visit to China Wednesday, where he declared North Korea's unstinting "friendship" with Beijing in a show of loyalty to his main ally following a landmark summit with US President Donald Trump.
Published 21 Jun, 2018 12:00am
Damascus responsible for crimes against humanity in Ghouta: UN

Damascus responsible for crimes against humanity in Ghouta: UN

Forces loyal to Syria's government committed what amounted to crimes against humanity, including deliberately starving civilians, during the siege of Eastern Ghouta, UN investigators said Wednesday. The five-year siege, on the outskirts of the capital, en
Published 21 Jun, 2018 12:00am
Threat 'acute' as jihadist attacks double in 2017: Europol

Threat 'acute' as jihadist attacks double in 2017: Europol

Jihadist attacks on European targets more than doubled last year, Europe's police agency said Wednesday, warning the risk of more unsophisticated attacks by the so-called Islamic State group "remains acute." Last year, a total 33 terror attacks were repor
Published 21 Jun, 2018 12:00am
NAB authorises inquiries, investigations & filing of references

NAB authorises inquiries, investigations & filing of references

A meeting of National Accountability Bureau's (NAB) Executive Board chaired by former Justice Javed Iqbal held here on Wednesday at NAB Headquarters and took following decisions. It may be clarified that NAB authorizes various inquiries, investigations an
Published 21 Jun, 2018 12:00am
Heavens won't fall if Nawaz is jailed: Qadri

Heavens won't fall if Nawaz is jailed: Qadri

Pakistan Awami Tehreek Quaid Dr Tahir-ul-Qadri has said if former Prime Minister of Bangladesh Khalida Zia can be sent to jail on corruption charges, heavens won't fall if Nawaz Sharif was also jailed on proven corruption cases.
Published 21 Jun, 2018 12:00am
Literary gathering held at Landi Kotal

Literary gathering held at Landi Kotal

In the memory of late local poet, Muntazer Shinwari, a literacy session was held at Hall of Degree College in Landi Kotal on Wednesday.
Published 21 Jun, 2018 12:00am
Rabbani deplores bid to intimidate print & electronic media

Rabbani deplores bid to intimidate print & electronic media

Senator Raza Rabbani has said that the slide carrying photographs of prominent journalists during a press conference of director general Inter Services Public Relations (ISPR) some weeks back is also highly regrettable.
Published 21 Jun, 2018 12:00am
Climate change: Minister for devising coordinated strategy

Climate change: Minister for devising coordinated strategy

Caretaker Interior Minister Azam Khan on Wednesday stressed the need for devising a coordinated strategy in collaboration with global organizations to overcome common challenges related to climate change.
Published 21 Jun, 2018 12:00am
Pesco's power shutdown schedule

Pesco's power shutdown schedule

Peshawar Electric Supply Company (Pesco) on Wednesday issued a power shut schedule for necessary maintenance work in Peshawar. In a press statement issued by the company here stated that due to Maintenance Work, Power Supply will remain suspended from 132
Published 21 Jun, 2018 12:00am
Protest held against KP-Fata merger

Protest held against KP-Fata merger

A protest was staged against merger of Federally Administered Tribal Areas with Khyber Pakhtunkhwa at Bab-e- Khyber on Wednesday. Scores of tribal elites, workers of Jamiat Ulema-e-Islam, Fazl-ur-Rahman group (JUI-F) along with general masses while holdin
Published 21 Jun, 2018 12:00am
CoAS, Polish defence minister discuss bilateral matters

CoAS, Polish defence minister discuss bilateral matters

General Qamar Javed Bajwa, Chief of Army Staff (CoAS), who reached Poland on an official visit, met Mariusz Blaszczak, Minister of National Defence and Deputy Minister of National Defence. The CoAS also held separate meetings with Polish military leadersh
Published 21 Jun, 2018 12:00am
Miller considers Pakistan a part of resolving Afghanistan issue

Miller considers Pakistan a part of resolving Afghanistan issue

United States Army General Lieutenant General Austin Miller has said that he considers Pakistan as a part of resolution of Afghanistan issue. Responding to the questions during Senate Armed Services Committee meeting on Tuesday, Miller said that Pakistan
Published 21 Jun, 2018 12:00am
FBR chief urges businessmen to take advantage of amnesty scheme

FBR chief urges businessmen to take advantage of amnesty scheme

Tariq Mahmood Pasha, Chairman, Federal Board of Revenue visited Islamabad Chamber of Commerce +ACY- Industry and urged upon the business community to take full advantage of tax amnesty scheme as it was a last chance to legalize undeclared assets.
Published 21 Jun, 2018 12:00am
SECP issues draft Companies (Further Issue of Shares) Regulations, 2018

SECP issues draft Companies (Further Issue of Shares) Regulations, 2018

The Securities and Exchange Commission of Pakistan (SECP) has decided to lay down certain conditions for companies, including listed companies, for issuance of bonus shares. In this regard, the SECP has issued draft Companies (Further Issue of Shares) Reg
Published 21 Jun, 2018 12:00am
Minister declares polio eradication national emergency

Minister declares polio eradication national emergency

Caretaker Minister for Health and Population Welfare Khyber Pakhtunkhwa, Akbar Jan Marwat has said that polio eradication was a national emergency and strong coordination among all the stakeholders under the umbrella of health department was the only viab
Published 21 Jun, 2018 12:00am
Two sisters hurt in cylinder blast

Two sisters hurt in cylinder blast

Two real sisters were injured when a cylinder exploded in Pased Khel, the remote area of Tehsil Landi Kotal on Wednesday. The local sources told that the children of Sher Ali identified as Barfina, 12 and Saduri, two were playing in the room, suddenly the
Published 21 Jun, 2018 12:00am
Two killed in Quetta firing

Two killed in Quetta firing

Two including father and son of a police official were killed and he himself sustained bullet wounds in firing on vehicle in the provincial capital on Wednesday. Police said that unidentified armed men sprayed bullets at vehicle of sub-inspector (SI) Abdu
Published 21 Jun, 2018 12:00am
SC orders to shift coal's offloading from Karachi to Port Qasim

SC orders to shift coal's offloading from Karachi to Port Qasim

The Supreme Court (SC) on Wednesday ordered to shift the offloading and handling of imported coal from Karachi Port to Port Qasim and directed to make necessary arrangements in six weeks. The larger bench of SC headed by Chief Justice of Pakistan (CJP) Mi
Published 21 Jun, 2018 12:00am
PM for further improving law and order in Karachi

PM for further improving law and order in Karachi

Caretaker Prime Minister former Justice Nasir-ul-Mulk Wednesday called for building on gains made by huge efforts, better coordination among law enforcement agencies and the will to restore normalcy to the city of Quaid-e-Azam Mohammad Ali Jinnah. Chairin
Published 21 Jun, 2018 12:00am
UBG hails businessmen's inclusion in caretaker set-up

UBG hails businessmen's inclusion in caretaker set-up

Members of United Business Group (UBG) have welcomed the induction of four other businessmen as ministers in the caretaker setup terming it a positive move. Those who have become ministers include Fazal Elahi (KP) former vice president FPCCI, Sardar Tanve
Published 21 Jun, 2018 12:00am
Nomination papers scrutiny completed in Balochistan

Nomination papers scrutiny completed in Balochistan

Election Commissioner Balochistan, Niaz Ahmed Baloch on Wednesday said the scrutiny process of the nomination papers filed by the candidates for general elections 2018 have been completed in the province. He said a total of 435 nomination papers were subm
Published 21 Jun, 2018 12:00am
General elections: media should support good people: minister

General elections: media should support good people: minister

Sindh caretaker Minister for Information, Law, Environment and Information Technology Jameel Yusuf has said that media should highlight and support good people so that they should be elected to achieve the very purpose of free, fair and impartial election
Published 21 Jun, 2018 12:00am
SC orders shifting of oil terminal to Zulfiqarabad in 15 days

SC orders shifting of oil terminal to Zulfiqarabad in 15 days

Supreme Court of Pakistan on Wednesday ordered the shifting of oil tankers' terminal from Shireen Jinnah Colony to Zulfiqarabad in 15 days and declared that no oil tanker should be seen parked at Shireen Jinnah Colony after 15 days.
Published 21 Jun, 2018 12:00am
KCCI urges government to extend date of amnesty scheme

KCCI urges government to extend date of amnesty scheme

President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik urged the interim government, which is facing difficulties in reducing more pressure on dwindling foreign exchange reserves, to review the entire situation and accordingly annou
Published 21 Jun, 2018 12:00am
KDA to restore vacated grounds for sports activities

KDA to restore vacated grounds for sports activities

The Karachi Development Authority (KDA) on Wednesday decided to hand over all those grounds which have been got vacated after removing encroachments to its Sports department to restore for sports activities. It was decided in an urgent meeting chaired by
Published 21 Jun, 2018 12:00am
Tax Amnesty scheme: FBR sets up facilitation cell

Tax Amnesty scheme: FBR sets up facilitation cell

In order to facilitate general public to avail the Tax Amnesty 2018 scheme, Federal Board of Revenue (FBR) has established a dedicated facilitation cell, led by Member (IT), which will be available 24x7 till the closing of the amnesty scheme.
Published 21 Jun, 2018 12:00am
SECP notifies AML & CFT Regulations, 2018

SECP notifies AML & CFT Regulations, 2018

The Securities and Exchange Commission of Pakistan (SECP) notified Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The Regulations are fully compliant with Financial Action Task Force (FATF) Recommendations, which are mandat
Published 21 Jun, 2018 12:00am
PSX approves listing of UBL Fund

PSX approves listing of UBL Fund

Pakistan Stock Exchange has approved the formal listing and quotation of the units of UBL Financial Sector Fund, an Open-End Fund on the Exchange with effect from Thursday, (June 21), 2018.
Published 21 Jun, 2018 12:00am
PSX approves listing of UBL Fund

PSX approves listing of UBL Fund

Pakistan Stock Exchange has approved the formal listing and quotation of the units of UBL Financial Sector Fund, an Open-End Fund on the Exchange with effect from Thursday, (June 21), 2018.
Published 21 Jun, 2018 12:00am
Directions to ECP can't be issued now: LHC

Directions to ECP can't be issued now: LHC

The Lahore High Court on Wednesday observed that directions to the Election Commission of Pakistan (ECP) cannot be issued at this juncture to add NOTA (none of the above) in ballot papers. The court was hearing a petition of a citizen Waseem Rana seeking
Published 21 Jun, 2018 12:00am
Navy to celebrate World Hydrography Day today

Navy to celebrate World Hydrography Day today

World Hydrography Day (WHD) is celebrated worldwide on June 21 every year with an aim of giving suitable publicity to the work of International Hydrographic Organisation (IHO), urging all states to work with the organisation to promote safe navigation in
Published 21 Jun, 2018 12:00am
Minister stresses need for undertaking uplift projects in Fata

Minister stresses need for undertaking uplift projects in Fata

Minister for Law and Justice Barrister Syed Ali Zafar while chairing a meeting of the committee constituted by the Prime Minister for facilitating FATA's and PATA's merger with Khyber Pakhtunkhwa on Wednesday said that socio-economic progress and developm
Published 21 Jun, 2018 12:00am
Pakistan HC testifies before APPG on Kashmir HR violations

Pakistan HC testifies before APPG on Kashmir HR violations

Syed Ibne Abbas, Pakistan High Commissioner to the UK testified at the UK Parliament on human rights violations in the Indian Occupied Kashmir (IOK). Chris Leslie MP, Chairperson APPG on Kashmir chaired the meeting. The testimony was made before the All P
Published 21 Jun, 2018 12:00am
Avenfield reference: Haris records final Arguments

Avenfield reference: Haris records final Arguments

Former Prime Minister Nawaz Sharif's counsel on Wednesday said that prosecution has neither produced any witness nor any document to prove that his client is the benamidar or real owner of two offshore companies, Nielson and Nescoll, holding the Avenfield
Published 21 Jun, 2018 12:00am
New faces will be in majority in assemblies: Siraj

New faces will be in majority in assemblies: Siraj

Ameer Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the corrupt political leadership of the country did not seem to have any role in the future and if the elections were fair and transparent, new faces would be in a majority in the assembl
Published 21 Jun, 2018 12:00am
NA-53, Islamabad-II: Imran challenges rejection of nomination papers

NA-53, Islamabad-II: Imran challenges rejection of nomination papers

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Wednesday challenged the returning officer's (RO) decision to reject his nomination papers for contesting election from NA-53, Islamabad-II, on technical grounds. The counsel for the PTI chairman, Babar A
Published 21 Jun, 2018 12:00am
Massive reshuffling in Punjab police, bureaucracy

Massive reshuffling in Punjab police, bureaucracy

In order to ensure free and fair general elections, the Punjab caretaker government has made a massive administrative reshuffle in the police and civil bureaucracy across the province.
Published 21 Jun, 2018 12:00am
Zulfi's name on ECL: IHC issues notices to defence, home secretaries

Zulfi's name on ECL: IHC issues notices to defence, home secretaries

Islamabad High Court Wednesday issued notices to respondents in a petition seeking the court's directions to investigate the issue of removing Zulfi Bukhari's name from the ECL and usage of Noor Khan Airbase for facilitating the departure of private perso
Published 21 Jun, 2018 12:00am
AGP resigns ahead of general elections

AGP resigns ahead of general elections

Attorney General for Pakistan Ashtar Ausaf Wednesday submitted his resignation to President Mamnoon Hussain in wake of upcoming general election 2018. The sources in the AGP Office shared with Business Recorder that Ashtar Ausaf had resigned from h
Published 21 Jun, 2018 12:00am