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Print - 2018-07-21
Minister visits control room in Civil Secretariat

Minister visits control room in Civil Secretariat

Punjab Information and Culture Minister Ahmed Waqas Riaz on Friday visited the control room set in the Civil Secretariat Lahore to monitor the activities of election campaign and polling day on July 25. On the occasion, the Minister said that all the nine
Published 21 Jul, 2018 12:00am
PML-N finalises anti-rigging strategy for polls

PML-N finalises anti-rigging strategy for polls

With a view to expose and prevent election rigging, the Pakistan Muslim League-Nawaz (PML-N) has finalised anti-rigging system (ARS). Under the system, a network has been established to coordinate between the PML-N candidates and their constituencies, wit
Published 21 Jul, 2018 12:00am
Bilawal slams opponents for aligning with extremist parties

Bilawal slams opponents for aligning with extremist parties

Pakistan People's Party (PPP) Chairman Bilawal Bhutto has criticized his opponents for forming electoral alliances with proscribed and extremist parties to win elections. "It is PMLN, PTI or GDA; everyone has shook hands with extremist parties against PPP
Published 21 Jul, 2018 12:00am
LCCI demands early recovery of missing trader

LCCI demands early recovery of missing trader

The Lahore Chamber of Commerce & Industry has urged the government and law enforcement agencies to ensure early recovery of Tahir Iqbal, a trader of Samanabad who is missing from last many days. LCCI Acting President Zeshan Khalil said that Thair Iqbal we
Published 21 Jul, 2018 12:00am
First 'Weaving City' to be set up at M-3 Industrial Estate
Cotton

First 'Weaving City' to be set up at M-3 Industrial Estate

The first Weaving City will be established on 100 acres of land at M-3 Industrial Estate to help organise the power looms sector. In this connection a Memorandum of Understanding ((MoU) was inked between Faisalabad Industrial Estate Development & Manageme
Published 21 Jul, 2018 12:00am
MPC urges government to ensure quality education in government schools

MPC urges government to ensure quality education in government schools

With a few days left to the General Elections, several contesting candidates from major political parties gathered to speak at a multi-party convention to discuss the state of education in District Lahore, and commit to citizen-led charter of demands to e
Published 21 Jul, 2018 12:00am
Tillman highlights successes of BRI, CPEC projects

Tillman highlights successes of BRI, CPEC projects

Henry Tillman, in a comprehensive presentation made on the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) at the Ministry of Foreign Affairs on Friday, outlined the impressive successes and milestones achieved by CPEC.
Published 21 Jul, 2018 12:00am
SAI begins Hajj operation

SAI begins Hajj operation

Shaheen Air International (SAI) has kicked off its Hajj operations for the year 2018. The first flight NL 705 has departed from Karachi to Madinah with 309 pilgrims while additional flights would also be operated from other parts of the country including
Published 21 Jul, 2018 12:00am
Troops kill Mastung blast mastermind

Troops kill Mastung blast mastermind

Security forces on Friday killed the mastermind of the country's worst ever suicide bombing in an early morning shootout in Balochistan, officials said. The operation was carried out on a intelligence tip off about the presence of an Islamic State (IS) op
Published 21 Jul, 2018 12:00am
Pasban asks ECP to bar huge spending on electioneering

Pasban asks ECP to bar huge spending on electioneering

Pasban-e-Pakistan president Altaf Shakoor has urged the Election Commission to take notice of splurging of billions of rupees on electioneering of parties and candidates. "The role of money in winning polls should be checked so that the voters can elect t
Published 21 Jul, 2018 12:00am
Meeting to regulate private cabs to be held soon

Meeting to regulate private cabs to be held soon

Sindh caretaker Transport Minister Colonel Dost Muhammad Chandio (retd) has directed to convene a meeting of Karachi Public Transport Society (KPTS) at the earliest to evolve regulation mechanism for private cabs including Uber, Careem and White Cab provi
Published 21 Jul, 2018 12:00am
PMSS Kashmir commissioned at Guangzhou, China

PMSS Kashmir commissioned at Guangzhou, China

Pakistan Maritime Security Ship Kashmir, the first 1500 tons and fourth in the series of six Multi Purpose Patrol Vessels (MPVs), was commissioned on 20 July 2018 at Guangzhou, China. Lieutenant General Zamir Ul Hassan Shah HI(M) (Retd) Secretary Defence
Published 21 Jul, 2018 12:00am
Bomb targeting security convoy injures six in Chaman

Bomb targeting security convoy injures six in Chaman

Pakistani police say a roadside bomb has exploded near a security convoy in the Chaman, wounding at least six people. Local police official Mohammad Hakim says Friday's bombing also damaged 10 shops in the busy bazaar in the town of Chaman in Balochistan
Published 21 Jul, 2018 12:00am
SBP asks PODB to frame oilseeds policy for reducing import bill
Cotton

SBP asks PODB to frame oilseeds policy for reducing import bill

The State Bank of Pakistan has suggested that Pakistan Oilseed Development Board needs to develop an Oilseeds Policy for promotion of oilseeds in the country, in collaboration with all stakeholders including farmers; solvent extractors and poultry feed ma
Published 21 Jul, 2018 12:00am
PTI, PML-N candidates vie for NA-56 Pindi

PTI, PML-N candidates vie for NA-56 Pindi

Rawalpindi's NA-56 is braced for tough competition between Pakistan Tehreek-e-Insaf (PTI)'s Major Tahir Sadiq (retd), who is contesting form two national assembly and one provincial assembly seat, and Malik Sohail Khan of Pakistan Muslim League-Nawaz (PML
Published 21 Jul, 2018 12:00am
Monsoon activity likely to increase from Sunday

Monsoon activity likely to increase from Sunday

National Disaster Management Authority (NDMA) has warned that monsoon activity is likely to increase from Sunday which may cause isolated heavy falls with one or two very heavy falls over the upper catchments of Rivers Chenab, Ravi and Sutlej.
Published 21 Jul, 2018 12:00am
UN chief condoles death of Jamsheed Marker

UN chief condoles death of Jamsheed Marker

United Nations Secretary-General António Guterres has expressed great sadness at the sad demise of seasoned diplomat Ambassador Jamsheed Marker who died on June 21, 2018, Foreign Office said on Friday. Foreign Office Spokesperson Dr Mohammad Faisal, throu
Published 21 Jul, 2018 12:00am
Shahbaz vows to develop KP like Punjab

Shahbaz vows to develop KP like Punjab

PML-N president Shahbaz Sharif on Friday said that after coming into power he would develop Khyber Pakhtunkhwa like Punjab in terms of development and prosperity. While addressing at a public meeting in Mingora, district Swat, he slammed the five-year per
Published 21 Jul, 2018 12:00am
MMA urges ECP to take notice of removal of banners

MMA urges ECP to take notice of removal of banners

Muttahida Majlis-e-Amal has urged the Election Commission of Pakistan (ECP) to take notice of removal of banners and posters of Mian Muhammad Aslam who is the MMA candidate for National Assembly constituencies NA-53 and NA-54, Islamabad. Talking to journa
Published 21 Jul, 2018 12:00am
PPP's Pervez Ashraf faces PML-N's Raja Javaid in NA-58 Pindi

PPP's Pervez Ashraf faces PML-N's Raja Javaid in NA-58 Pindi

A tough contest is expected between former Prime Minister and Pakistan People's Party (PPP) candidate Raja Pervez Ashraf and former MNA Raja Javaid Ikhlas of Pakistan Muslim League-Nawaz (PML-N) in NA-58 Rawalpindi-II, Gujar Khan.
Published 21 Jul, 2018 12:00am
Two die as roof collapses

Two die as roof collapses

As many as two people died after the roof of a house collapsed in Peshawar's Dir Colony Kohat Road on Friday. The three were trapped in the rubble and were evacuated by the officials of Rescue 1122. They were provided first medical aid and later shifted t
Published 21 Jul, 2018 12:00am
80,000 prisoners to be deprived of their right to vote

80,000 prisoners to be deprived of their right to vote

Amid upcoming general elections 80,000 prisoners in jail cells across the country, despite having the "right and facility" to vote, will not be helping elect lawmakers for the next five years. According to the jail manual, every inmate has the right to ta
Published 21 Jul, 2018 12:00am
Misguiding people on debt?

Misguiding people on debt?

Dr Ashfaque Hassan Khan was among those independent economists who had been denigrated by the 'economic wizards' of the PML-N governments for their criticism of government's policies. They always speak clearly and directly about the economic mess; they're
Published 21 Jul, 2018 12:00am
Rival warplane projects underline Europe's divisions

Rival warplane projects underline Europe's divisions

Britain's showy launch of a new fighter jet project at this week's Farnborough Airshow has laid bare political tensions that are threatening to tear Europe apart and deepened scepticism about the future of European defence cooperation.
Published 21 Jul, 2018 12:00am
Right to vote
Currency

Right to vote

I have constantly maintained that financial independence is the foundation of freedom. While the irrelevant, in an attempt to become relevant, will continue to twist facts in their effort to project that the power or right to act, speak or think as one wa
Published 21 Jul, 2018 12:00am
The caretaker Governments
Currency

The caretaker Governments

The general perception was that the caretaker setup, which is entrusted with the governance of the state for an interim period will do much good for the state in its pretty short tenure. This optimism emanates from expectations that the caretakers are the
Published 21 Jul, 2018 12:00am
In its true colours

In its true colours

Israel's parliament has formally legalized its policy of segregation and discrimination against its Arab citizens. On Thursday, the Knesset passed Basic Law 14th - since Israel does not have a proper constitution, basic laws serve as its de facto constitu
Published 21 Jul, 2018 12:00am
Stagnation in FDI

Stagnation in FDI

Foreign Direct Investment (FDI) has almost stagnated at a lower level during the past few years. According to the latest data available, FDI has remained flat at dollar 2.76 billion during 2017-18, showing a meagre increase of only 0.8 percent over the pr
Published 21 Jul, 2018 12:00am
The Weather

The Weather

The weather report on Friday (July 20, 2018) and the forecast for Saturday (July 21, 2018).

Published 21 Jul, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 21 Jul, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 21 Jul, 2018 12:00am
PPL discovers gas in Hub X-1

PPL discovers gas in Hub X-1

Pakistan Petroleum Limited (PPL), operator of Hub Block (2566-4), together with its joint venture partner Sindh Energy Holding Company Limited has discovered hydrocarbons from exploratory well Hub X-1, located in District Lasbela, Balochistan. Hub X-1 was
Published 21 Jul, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
PPL discovers gas in Hub X-1

PPL discovers gas in Hub X-1

Pakistan Petroleum Limited (PPL), operator of Hub Block (2566-4), together with its joint venture partner Sindh Energy Holding Company Limited has discovered hydrocarbons from exploratory well Hub X-1, located in District Lasbela, Balochistan. Hub X-1 was
Published 21 Jul, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 20, 2018)

Published 21 Jul, 2018 12:00am
PPL discovers gas in Hub X-1

PPL discovers gas in Hub X-1

Pakistan Petroleum Limited (PPL), operator of Hub Block (2566-4), together with its joint venture partner Sindh Energy Holding Company Limited has discovered hydrocarbons from exploratory well Hub X-1, located in District Lasbela, Balochistan. Hub X-1 was
Published 21 Jul, 2018 12:00am
Modi sails through confidence vote with rival's embrace

Modi sails through confidence vote with rival's embrace

India's ruling party sailed through a confidence vote in a theatrical parliamentary session which saw a startled Prime Minister Narendra Modi embraced by his chief political foe. Modi's Bharatiya Janata Party (BJP) was in no danger of losing its first con
Published 21 Jul, 2018 12:00am
Modi sails through confidence vote with rival's embrace

Modi sails through confidence vote with rival's embrace

India's ruling party sailed through a confidence vote in a theatrical parliamentary session which saw a startled Prime Minister Narendra Modi embraced by his chief political foe. Modi's Bharatiya Janata Party (BJP) was in no danger of losing its first con
Published 21 Jul, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
Textile group exports contract
Cotton

Textile group exports contract

Textile group exports contracted by I.94 percent in June 2018 over the same month a year before and remained $1.194 billion against $1.217 billion, according to Pakistan Bureau of Statistics (PBS). However, exports of textile group during July-June 2017-1
Published 21 Jul, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
Textile group exports contract
Cotton

Textile group exports contract

Textile group exports contracted by I.94 percent in June 2018 over the same month a year before and remained $1.194 billion against $1.217 billion, according to Pakistan Bureau of Statistics (PBS). However, exports of textile group during July-June 2017-1
Published 21 Jul, 2018 12:00am
Textile group exports contract
Cotton

Textile group exports contract

Textile group exports contracted by I.94 percent in June 2018 over the same month a year before and remained $1.194 billion against $1.217 billion, according to Pakistan Bureau of Statistics (PBS). However, exports of textile group during July-June 2017-1
Published 21 Jul, 2018 12:00am
SC rejects Hanif Abbasi's plea

SC rejects Hanif Abbasi's plea

The Supreme Court on Friday dismissed Pakistan Muslim League-Nawaz leader's appeal against the Lahore High Court. The Lahore High Court in its verdict had directed the Anti-Narcotics Court to announce the decision in ephedrine case on July 21. A two-judge
Published 21 Jul, 2018 12:00am
THE RUPEE: $ at Rs 130.50
Currency

THE RUPEE: $ at Rs 130.50

The rupee continued it's slide against the dollar on the money market on Friday in process of trading, dealers said.
Published 21 Jul, 2018 12:00am
SC rejects Hanif Abbasi's plea

SC rejects Hanif Abbasi's plea

The Supreme Court on Friday dismissed Pakistan Muslim League-Nawaz leader's appeal against the Lahore High Court. The Lahore High Court in its verdict had directed the Anti-Narcotics Court to announce the decision in ephedrine case on July 21. A two-judge
Published 21 Jul, 2018 12:00am
THE RUPEE: $ at Rs 130.50
Currency

THE RUPEE: $ at Rs 130.50

The rupee continued it's slide against the dollar on the money market on Friday in process of trading, dealers said.
Published 21 Jul, 2018 12:00am
Deadly Israeli strikes pound Gaza after soldier killed

Deadly Israeli strikes pound Gaza after soldier killed

Israeli forces unleashed a wave of deadly strikes across the Gaza Strip on Friday after a soldier was shot dead, as fears grew of a wider conflict with the Palestinian territory's Islamist rulers Hamas.
Published 21 Jul, 2018 12:00am
Deadly Israeli strikes pound Gaza after soldier killed

Deadly Israeli strikes pound Gaza after soldier killed

Israeli forces unleashed a wave of deadly strikes across the Gaza Strip on Friday after a soldier was shot dead, as fears grew of a wider conflict with the Palestinian territory's Islamist rulers Hamas.
Published 21 Jul, 2018 12:00am
Engro notifies proposed sale of 29 percent ETPL shares

Engro notifies proposed sale of 29 percent ETPL shares

Engro Corporation (Engro) notified Pakistan Stock Exchange (PSX) about its proposed sale of up to 29 percent shares of Elengy Terminal Pakistan (ETPL) against likely proceeds of $38 million subject to all corporate and regulatory approvals. "We estimate p
Published 21 Jul, 2018 12:00am
Engro notifies proposed sale of 29 percent ETPL shares

Engro notifies proposed sale of 29 percent ETPL shares

Engro Corporation (Engro) notified Pakistan Stock Exchange (PSX) about its proposed sale of up to 29 percent shares of Elengy Terminal Pakistan (ETPL) against likely proceeds of $38 million subject to all corporate and regulatory approvals. "We estimate p
Published 21 Jul, 2018 12:00am
Engro notifies proposed sale of 29 percent ETPL shares

Engro notifies proposed sale of 29 percent ETPL shares

Engro Corporation (Engro) notified Pakistan Stock Exchange (PSX) about its proposed sale of up to 29 percent shares of Elengy Terminal Pakistan (ETPL) against likely proceeds of $38 million subject to all corporate and regulatory approvals. "We estimate p
Published 21 Jul, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
Engro notifies proposed sale of 29 percent ETPL shares

Engro notifies proposed sale of 29 percent ETPL shares

Engro Corporation (Engro) notified Pakistan Stock Exchange (PSX) about its proposed sale of up to 29 percent shares of Elengy Terminal Pakistan (ETPL) against likely proceeds of $38 million subject to all corporate and regulatory approvals. "We estimate p
Published 21 Jul, 2018 12:00am
Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

The Federal Board of Revenue (FBR) has assured Punjab Revenue Authority (PRA) that it will release Rs 1.8 billion on account of input tax adjustment to the province, saying it will also issue time schedules for provinces to resolve reconciliation issues o
Published 21 Jul, 2018 12:00am
Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

The Federal Board of Revenue (FBR) has assured Punjab Revenue Authority (PRA) that it will release Rs 1.8 billion on account of input tax adjustment to the province, saying it will also issue time schedules for provinces to resolve reconciliation issues o
Published 21 Jul, 2018 12:00am
Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

The Federal Board of Revenue (FBR) has assured Punjab Revenue Authority (PRA) that it will release Rs 1.8 billion on account of input tax adjustment to the province, saying it will also issue time schedules for provinces to resolve reconciliation issues o
Published 21 Jul, 2018 12:00am
Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium (only for TRE certificate holders and their authorised employees).

Published 21 Jul, 2018 12:00am
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:46pm
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:46pm
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:45pm
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
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