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Print - 2018-08-09
LCCI suggests brainstorming session for economic planning
Currency

LCCI suggests brainstorming session for economic planning

With a view to boost foreign investors' sentiments for the prosperity and progress of the country, the Lahore Chamber of Commerce and Industry (LCCI) has suggested immediate brainstorming for economic planning by the upcoming government.
Published 09 Aug, 2018 12:00am
Police foil teenager's bid of suicide

Police foil teenager's bid of suicide

The city police on Wednesday foiled a suicide attempt by a 14-year-old boy in Lahore's Gulshan-e-Iqbal police jurisdiction, officials said. According to details, 14-year-old Abdul Rehman, after quarrelling with his family, climbed the rooftop of his house
Published 09 Aug, 2018 12:00am
Lesco claims stable power supply in region

Lesco claims stable power supply in region

Against all the odd circumstances on ground, the Lahore Electric Supply Company (LESCO) has claimed a stable power supply throughout the region. The Company has further pointed out that there was no unannounced load shedding. However, there was an approve
Published 09 Aug, 2018 12:00am
Police reforms indispensable for better policing: minister

Police reforms indispensable for better policing: minister

Caretaker Home Minister Punjab Shaukat Javed has said that protection of life of the citizens is the top priority of the Punjab government. Police reforms are indispensable for better policing. Registration of FIR is the right of a complainant. Police sho
Published 09 Aug, 2018 12:00am
PSCA, Harvard Kennedy School sign MoU

PSCA, Harvard Kennedy School sign MoU

The Punjab Safe Cities Authority (PSCA) on Wednesday inked a memorandum of understanding (MoU) with Harvard Kennedy School of USA for conducting joint research.
Published 09 Aug, 2018 12:00am
Scientists urged to promote modern agricultural practices

Scientists urged to promote modern agricultural practices

Caretaker Punjab Agriculture Minister Sardar Tanveer Ilyas on Wednesday urged the agricultural scientists to enhance their role for the promotion of latest agricultural practices and to increase per acre production. He was addressing UAF deans and directo
Published 09 Aug, 2018 12:00am
PTI likely to publish names of non-compliant debtors

PTI likely to publish names of non-compliant debtors

The Pakistan Tehreek-e-Insaf (PTI) will publish names of non-compliant debtors and strongly pursue large tax evaders besides launching a crack down on corrupt practices that promote tax evasion, said the tax experts being involved in preparation of PTI's
Published 09 Aug, 2018 12:00am
Three food outlets sealed in Lahore

Three food outlets sealed in Lahore

The Punjab Food Authority (PFA) sealed three food businesses on Wednesday for producing and selling inferior quality food products and discarded more than 1,450 kilogram unhygienic food. The action was taken against food business operators over substandar
Published 09 Aug, 2018 12:00am
Pakistan Movement Rare photos' fair inaugurated

Pakistan Movement Rare photos' fair inaugurated

Chief Secretary Punjab Akbar Durrani on Wednesday inaugurated an exhibition of rare photos of Pakistan Movement as part of Independence Day celebrations at National College of Arts (NCA).
Published 09 Aug, 2018 12:00am
Indonesia to encourage palm oil's production, says envoy

Indonesia to encourage palm oil's production, says envoy

Indonesia will encourage production of palm oil and its processing in addition to the production of high value products from this edible oil as joint ventures in Pakistan, said Wisnu Suryo Hutomo Minister Counselor of the Indonesian Embassy in Islamabad.
Published 09 Aug, 2018 12:00am
Blood must be screened to reduce risk of TTIs: experts

Blood must be screened to reduce risk of TTIs: experts

Health experts have stressed that blood must be screened for infections with highest standard methods to reduce the risk of Transfusion Transmitted Infections (TTI) in the recipients. Nucleic Acid Testing (NAT) is a highly sensitive and advanced technique
Published 09 Aug, 2018 12:00am
ABAD for digitalization of government offices' data

ABAD for digitalization of government offices' data

Arif Yousuf Jeewa, Chairman Association of Builders and Developers of Pakistan (ABAD), on Wednesday urged the govt-in waiting to digitalize all government departments to avert malpractices and generate more revenue.
Published 09 Aug, 2018 12:00am
ECP urged to upload Form-45 for station-wise analysis

ECP urged to upload Form-45 for station-wise analysis

Aurat Foundation and Khyber Pakhtunkhwa Commission on the status of women have demanded of the Election Commission of Pakistan to upload Form-45 in order to conduct polling station wise analysis. Speaking a joint press conference at Peshawar Press Club on
Published 09 Aug, 2018 12:00am
ATC grants bail to PTI's MPA-elect

ATC grants bail to PTI's MPA-elect

An anti-terrorism court on Wednesday allowed bail to Pakistan Tehreek-i-Insaf-elect MPA Malik Nadeem Abbas Bara and seven others in a case of aerial firing and beating up policemen. Hanjarwal police had lodged a case against the MPA-elect from PP-161, his
Published 09 Aug, 2018 12:00am
UAE to open new visa office in Karachi

UAE to open new visa office in Karachi

The government of UAE will be opening a new office in Karachi in next two months' time to facilitate Pakistanis planning to visit the emirate or intending to renew their residence and work permits. Acting Consul General of UAE in Karachi, Bakheet Ateeq Al
Published 09 Aug, 2018 12:00am
Oath-taking ceremony: summary moved to convene NA session

Oath-taking ceremony: summary moved to convene NA session

Caretaker Law and Information Minister Syed Ali Zafar Wednesday said that National Assembly session is likely to be summoned between August 12 and August 14 in view of taking oath of newly-elected MNAs. He said a summary in this regard has been submitted.
Published 09 Aug, 2018 12:00am
Series of lectures delivered at SMIU

Series of lectures delivered at SMIU

The Office of Research, Innovation and Commercialization (ORIC) of Sindh Madressatul Islam University organized a workshop on Statistical Techniques for analyzing primary data of research, for SMIU faculty on Monday at its auditorium. Prof Dr Zahid Ali Ch
Published 09 Aug, 2018 12:00am
PPM's protocol: LHC issues notice to federal government

PPM's protocol: LHC issues notice to federal government

The Lahore High Court on Wednesday issued notice to federal government in a petition questioning protocol given to PTI Chief Imran Khan before taking oath as Prime Minister. The LHC also issued notice to federal government in another petition against care
Published 09 Aug, 2018 12:00am
False declaration: petition against Imran filed

False declaration: petition against Imran filed

A constitutional petition was on Wednesday filed in Sindh High Court (SCH) against Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan, seeking his disqualification as Member of National Assembly for submitting a false declaration in the nomination papers
Published 09 Aug, 2018 12:00am
NAB chief reiterates to wipe out corruption

NAB chief reiterates to wipe out corruption

Chairman National Accountability Bureau Justice (retd) Javed Iqbal said that NAB is committed to eradicate corruption from the country at any cost by utilising all resources. He said this while reviewing the performance of all wings of NAB Lahore. The DG
Published 09 Aug, 2018 12:00am
Pakistan ushers into new industrialization phase under CPEC: China Daily

Pakistan ushers into new industrialization phase under CPEC: China Daily

Pakistan under China-Pakistan Economic Corridor (CPEC) has entered the industrialization phase and with renewed conviction, the country can rely on the successful experience of China in the establishment of special economic zones. Even though in the past,
Published 09 Aug, 2018 12:00am
PTV to give equal coverage to all political parties: PTI

PTV to give equal coverage to all political parties: PTI

Pakistan Tehreek-e-Insaf (PTI) is determined to streamline the state-run Pakistan Television Corporation (PTV) by giving equal coverage to all political parties instead of making it the mouthpiece of the government. A PTI spokesman told Business Record
Published 09 Aug, 2018 12:00am
Need for making LJC more vibrant stressed

Need for making LJC more vibrant stressed

Senate Standing Committee on Law and Justice has underscored the need for making Law and Justice Commission of Pakistan more vibrant and dynamic to keep the statutes and other laws of the country under review and achieve the desired objectives efficiently
Published 09 Aug, 2018 12:00am
Transfer of PDTC land Senate body summons officials in next meeting

Transfer of PDTC land Senate body summons officials in next meeting

Senate Functional Committee on Devolution has summoned the officers of all relevant authorities in its next meeting to sort out the issue of transfer of 172 acres of land of Pakistan Tourism Development Corporation (PTDC) located at Gadani Fish Harbour to
Published 09 Aug, 2018 12:00am
1,000 students attend internship, community services event

1,000 students attend internship, community services event

A leading educational institution of federal capital organized summer internships and community services program for 1000 students at renowned organizations/government departments including Federal Investigation Agency (FIA), Ministry of Science and Techn
Published 09 Aug, 2018 12:00am
Defence requirements: PM lauds POF's contribution

Defence requirements: PM lauds POF's contribution

Caretaker Prime Minister former Justice Nasir-ul-Mulk visited the Pakistan Ordnance Factories (POF) Wednesday and appreciated the valuable contributions of the POF in catering to the defence requirements of the country. The Prime Minister said the POF hel
Published 09 Aug, 2018 12:00am
Rain continues to paralysis life in Hazara

Rain continues to paralysis life in Hazara

Two-day continuous spell of heavy rain followed by thunderstorm in most parts of Hazara division paralyzed life in the region. According to reports Galyat, Thandyani, Battagram, Kaghan, and Naran received heavy rain during last two days and all major road
Published 09 Aug, 2018 12:00am
Partly Facetious: Distribution of portfolios

Partly Facetious: Distribution of portfolios

"I can't understand this obsession with insisting that The Khan must announce who gets what portfolio immediately? I mean what's with that! It's not as if the national assembly has even been summoned yet..."
Published 09 Aug, 2018 12:00am
13 food outlets sealed across KP

13 food outlets sealed across KP

Khyber Pakhtunkhwa Food Safety and Halal Food Authority on Wednesday carried out various operations across the province where atleast thirteen food outlets were sealed over food safety violation. According to details team Mardan on Charsadda road, carried
Published 09 Aug, 2018 12:00am
Chinese firm to introduce Hisence TV in Pakistan

Chinese firm to introduce Hisence TV in Pakistan

A leading Chinese firm has worked out a plan to introduce Hisence TV in Pakistan with an investment of $2.3 million and the objective to capture major chunk of market. Hopefully, the TV will emerge as a leading brand and succeed in managing 70 percent sha
Published 09 Aug, 2018 12:00am
PM exhorts students to devote energies towards education

PM exhorts students to devote energies towards education

Prime Minister, former Justice Nasir-ul-Mulk Wednesday urged upon the students to seek knowledge with utmost dedication and also focus equally on learning ethical values. During a visit to his alma mater Presentation Convent High School, Wah, he said educ
Published 09 Aug, 2018 12:00am
JS Bank ATMs achieve 100 percent EMV compliance

JS Bank ATMs achieve 100 percent EMV compliance

Striving to provide customers with a secure and efficient environment for financial transactions, JS Bank has implemented the latest security tools to empower and deliver an enhanced digital experience for its customers in today's rapidly developing busin
Published 09 Aug, 2018 12:00am
Karachi-Hyderabad Motorway: SC irked over poor construction of M-9

Karachi-Hyderabad Motorway: SC irked over poor construction of M-9

Supreme Court (SC) on Wednesday showing its displeasure over poor construction of Karachi-Hyderabad Motorway (M-9) sought the report over the changes made in the layout of the project. At Karachi Registry of the SC, the apex court's bench headed by Justic
Published 09 Aug, 2018 12:00am
China donates bikes, walkie talkie sets to Sindh police

China donates bikes, walkie talkie sets to Sindh police

Consul General of China Wan Yu on Wednesday on behalf of Government of China handed over 42 (150 cc) motorbikes and 150 walkie talkie to Sindh Police, in a ceremony held at the Central Police Office. A three-member delegation led by Consul General of Chin
Published 09 Aug, 2018 12:00am
Engro Powergen's PAT rises to Rs 1.589 billion in 1HFY18

Engro Powergen's PAT rises to Rs 1.589 billion in 1HFY18

The profit after tax of Engro Powergen Qadirpur Limited has increased to Rs 1.589 billion in the half year period ended June 30, 2018 as compared to 1.545 billion earned in the corresponding period in 2017. The company's earning per share increased to Rs
Published 09 Aug, 2018 12:00am
Engro Powergen's PAT rises to Rs 1.589 billion in 1HFY18

Engro Powergen's PAT rises to Rs 1.589 billion in 1HFY18

The profit after tax of Engro Powergen Qadirpur Limited has increased to Rs 1.589 billion in the half year period ended June 30, 2018 as compared to 1.545 billion earned in the corresponding period in 2017. The company's earning per share increased to Rs
Published 09 Aug, 2018 12:00am
Oppo to launch new addition of F9 smartphone

Oppo to launch new addition of F9 smartphone

OPPO, The Selfie Expert, is soon going to launch a new addition to the popular F series - OPPO F9. It will be Industry's First handset to sport a unique Waterdrop Screen design - A front with a top notch that hosts the receiver, camera and light sensor fo
Published 09 Aug, 2018 12:00am
Shahzada appointed ISF Peshawar president

Shahzada appointed ISF Peshawar president

Shahzada Fahad who belongs to district Swabi has been appointed as president of Insaf Students Federation (ISF) Peshawar region on Wednesday. Perhaps it was the first appointment made in the post-election period by PTI leaders, knowing that they could eas
Published 09 Aug, 2018 12:00am
RHC switches over to solar energy

RHC switches over to solar energy

District Nazim, Peshawar, Mohammad Asim Khan on Wednesday formally inaugurated the shifting of Rural Health Centre (RHC) in Regi, a suburban locality on solar energy. Besides, the chairman, District Health Committee, Akhtar Gul, District Councillor, Jumar
Published 09 Aug, 2018 12:00am
CNS visits KATI: business community urged to promote maritime economy

CNS visits KATI: business community urged to promote maritime economy

Pakistan has huge maritime potentials and there is a dire need to explore and tap these resources by boosting local industry and creating opportunities of undertaking joint ventures, Chief of the Naval Staff (CONS) Admiral Zafar Mahmood Abbasi said.
Published 09 Aug, 2018 12:00am
Sindh University: preparations to celebrate Independence Day underway

Sindh University: preparations to celebrate Independence Day underway

Prior to Independence Day celebrations, Sindh University VC Prof Fateh Muhammad Burfat called a meeting of all key academic and administrative heads to discuss, streamline and finalize the activity calendar amd flow-chart of Independence Day events which
Published 09 Aug, 2018 12:00am
JI to provide full opportunity to PTI: Siraj

JI to provide full opportunity to PTI: Siraj

Talking a totally different stance other than Muttahida Majlis-e-Amal's other five component parties including JUI-F's Maulana Fazlur Rehman, Ameer, Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the JI would provide full opportunity to the
Published 09 Aug, 2018 12:00am
'ECP should not taint Imran's victory over minor issues'

'ECP should not taint Imran's victory over minor issues'

Election Commission of Pakistan should not taint Prime Minister in waiting Imran Khan's election victory and his credibility on minor issues as the nation is already facing daunting economic, political and diplomatic issues, former Secretary ECP & Chairma
Published 09 Aug, 2018 12:00am
OLX, CarFirst 'Used Car Live Auction Platform' starts on August 12

OLX, CarFirst 'Used Car Live Auction Platform' starts on August 12

OLX and CarFirst are set to launch Pakistan's first ever 'Used Car Live Auction Platform'. The first used car live auction will take place at the 'OLX CarFirst Car Bazaar' happening at the Expo Centre Karachi on the 12th of August 2018.
Published 09 Aug, 2018 12:00am
LHC allows ECP to issue notification of Asif

LHC allows ECP to issue notification of Asif

The Lahore High Court on Wednesday allowed the Election Commission of Pakistan (ECP) to issue notification of former foreign minister Khwaja Muhammad Asif as returned candidate from NA-73. Meanwhile, a division bench dismissed four Intra Court Appeals (IC
Published 09 Aug, 2018 12:00am
32 bag Citi-PPAF microentrepreneurship awards

32 bag Citi-PPAF microentrepreneurship awards

The Citi-PPAF Microentrepreneurship Awards (CMA) are strongly promoting small business owners and enterprising individuals in Pakistan through facilitation of microcredit facilities to microentreprenuers. The recently held 12th edition of the Citi - PPAF
Published 09 Aug, 2018 12:00am
Three killed in DI Khan

Three killed in DI Khan

At least three people were killed in a series of targeted attacks by militants across DI Khan on Wednesday, police said. According to police officials the first incident took place near a mosque at Choudhana square. The second and third attack took place
Published 09 Aug, 2018 12:00am
SU VC for progress of university

SU VC for progress of university

The altruistic spirit of self-help and the projects initiated under this sentiment can lead to enviable success stories. University of Sindh is like our munificent mother and we its stakeholders are like extended family. Hence, we should contribute to the
Published 09 Aug, 2018 12:00am
Government raises Rs 116 billion through PIBs

Government raises Rs 116 billion through PIBs

The federal government Wednesday raised some Rs 116 billion through the sale of long-term investment bonds. The State Bank of Pakistan (SBP) conducted the auctions for Pakistan Investment Bond Floating Rate (PFL) and Pakistan Investment Bond Fixed Rate.
Published 09 Aug, 2018 12:00am
Government raises Rs 116 billion through PIBs

Government raises Rs 116 billion through PIBs

The federal government Wednesday raised some Rs 116 billion through the sale of long-term investment bonds. The State Bank of Pakistan (SBP) conducted the auctions for Pakistan Investment Bond Floating Rate (PFL) and Pakistan Investment Bond Fixed Rate.
Published 09 Aug, 2018 12:00am
ECP asks independent candidates to join any political party

ECP asks independent candidates to join any political party

Election Commission of Pakistan (ECP) has asked the elected independent candidates in the national and provincial assemblies to join any political party till August 9. "An independent returned candidate may join any political party, if he or she so desire
Published 09 Aug, 2018 12:00am
Tri-Angels Electronics to invest $1.3 million for LED panels production

Tri-Angels Electronics to invest $1.3 million for LED panels production

Tri-Angels Electronics on Wednesday announced to invest $1.3 million through its clean lab that it has already established in Pakistan to produce light emitting diode (LED) panels. Tri-Angels already spent $1.5 million in the country's electronic market w
Published 09 Aug, 2018 12:00am
FBR vows to take action against those having properties in UAE

FBR vows to take action against those having properties in UAE

Federal Board of Revenue (FBR) is all set to take action against the individuals having expensive properties or earning rental income in the United Arab Emirates (UAE), it was learnt. The UAE authorities have agreed to share classified information pertain
Published 09 Aug, 2018 12:00am
Imran accepts Rouhani's invitation to visit Iran

Imran accepts Rouhani's invitation to visit Iran

Iranian president Hassan Rouhani on Wednesday telephoned PM-elect Imran Khan and felicitated him on the PTI's victory in July 25 election, according to Aaj News. During a telephonic conversion Rouhani invited Khan to visit Iran and the PTI chairman has ac
Published 09 Aug, 2018 12:00am
PTI chief nominates Mahmood Khan for KP CM's slot

PTI chief nominates Mahmood Khan for KP CM's slot

Chairman Pakistan Tehreek-e-Insaf (PTI) and prime minister-designate Imran Khan Wednesday handpicked Mahmood Khan as party's nominee for the slot of Khyber Pakhtunkhwa chief minister. Mahmood Khan, PTI's MPA-elect from PK-9 (Swat), secured 25,697 votes an
Published 09 Aug, 2018 12:00am
Name of Zulfi, Fawad placed on ECL

Name of Zulfi, Fawad placed on ECL

The government has placed the names of former prime minister Nawaz Sharif's principal secretary Fawad Hassan Fawad and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan's close friend Zulfikar Bukhari on Exit Control List (ECL).
Published 09 Aug, 2018 12:00am
Acting US envoy felicitates PTI chief on his victory

Acting US envoy felicitates PTI chief on his victory

Acting US Ambassador to Pakistan John Hoover on Wednesday called on prime minister-designate Imran Khan here at latter's Bani Gala residence and congratulated him on his victory in July 25 general election. Khan and Hoover exchanged views on Pakistan-US r
Published 09 Aug, 2018 12:00am
Imran vows to nominate paragon for Punjab CM's slot

Imran vows to nominate paragon for Punjab CM's slot

Chairman Pakistan Tehreek-e-Insaf (PTI) and prime minister-designate, Imran Khan Wednesday said that he will nominate the best and clean candidate for the slot of Punjab chief minister. While addressing PTI's parliamentary party meeting here, he said that
Published 09 Aug, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (August 08, 2018) and the forecast for Thursday (August 09, 2018).

Published 09 Aug, 2018 12:00am
Mechanical engineering project expo held at UET

Mechanical engineering project expo held at UET

The Department of Mechanical Engineering, University of Engineering and Technology (UET) Peshawar showcased 40 projects during the Final Year Project Exhibition 2018. The graduating students presented projects related to security, remote sensing, automobi
Published 09 Aug, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
The 'mystery' of current account balance

The 'mystery' of current account balance

Business Recorder op-ed writer Dr Hafiz Pasha is extremely good at figures; in fact his writings offer to his readers more objective analyses than candid 'expert' comments. In one of his recent articles, he said that "Pakistan finds itself today be
Published 09 Aug, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Aug, 2018 12:00am
Will US sanctions spark turmoil in Iran?
Currency

Will US sanctions spark turmoil in Iran?

If the US was hoping renewed sanctions on Iran would cause immediate economic turmoil and mass anti-government protests, it may be disappointed, though real pain could still be on the horizon. US President Donald Trump described the embargoes that returne
Published 09 Aug, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Aug, 2018 12:00am
Law and order

Law and order

Protection of life, liberty and property of its citizens and other persons is the paramount duty of a state. These rights are so important for the happiness and well being of an individual that they are termed fundamental rights. Even Parliament cannot ta
Published 09 Aug, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
State's vestigial organs

State's vestigial organs

Charles Darwin's Descent of Man listed several human organs that no longer had any apparent use. Now called vestigial organs, these are parts of human body that have become redundant through the process of evolution. The most familiar vestigial organ is t
Published 09 Aug, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 08, 2018)

Published 09 Aug, 2018 12:00am
Iran sanctions again
Currency

Iran sanctions again

In line with its withdrawal on May 8, 2018 from the Iran nuclear deal, the Trump administration has kicked in the first phase of reimposed sanctions on Tehran. US President Donald Trump claims the 'snap back' sanctions are intended to persuade Iran to mod
Published 09 Aug, 2018 12:00am
Economic reasoning vs political considerations
Currency

Economic reasoning vs political considerations

The Finance Minister-designate Asad Umer, in his first press conference with the economic beat reporters stated that the PTI government intends to separate economic decisions from political considerations. This is an extremely bold statement and while it
Published 09 Aug, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
Mobile phone banking transactions cross Rs 410 billion mark

Mobile phone banking transactions cross Rs 410 billion mark

With a significant growth of some 195 percent, mobile phone banking transactions crossed Rs 410 billion mark during the last fiscal year (FY18). According to Payment System Review (PSR) for the year 2017-18, issued by the State Bank of Pakistan (SBP) on W
Published 09 Aug, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
Mobile phone banking transactions cross Rs 410 billion mark

Mobile phone banking transactions cross Rs 410 billion mark

With a significant growth of some 195 percent, mobile phone banking transactions crossed Rs 410 billion mark during the last fiscal year (FY18). According to Payment System Review (PSR) for the year 2017-18, issued by the State Bank of Pakistan (SBP) on W
Published 09 Aug, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 08, 2018).

Published 09 Aug, 2018 12:00am
Mobile phone banking transactions cross Rs 410 billion mark

Mobile phone banking transactions cross Rs 410 billion mark

With a significant growth of some 195 percent, mobile phone banking transactions crossed Rs 410 billion mark during the last fiscal year (FY18). According to Payment System Review (PSR) for the year 2017-18, issued by the State Bank of Pakistan (SBP) on W
Published 09 Aug, 2018 12:00am
'Mutiny' at UN Palestinian agency in Gaza after job cuts

'Mutiny' at UN Palestinian agency in Gaza after job cuts

Workers have seized partial control of the headquarters of the UN agency for Palestinian refugees in Hamas-run Gaza, its head said Wednesday, accusing their union of "mutiny" over job cuts. The United Nations Relief and Works Agency (UNRWA) announced last
Published 09 Aug, 2018 12:00am
'Mutiny' at UN Palestinian agency in Gaza after job cuts

'Mutiny' at UN Palestinian agency in Gaza after job cuts

Workers have seized partial control of the headquarters of the UN agency for Palestinian refugees in Hamas-run Gaza, its head said Wednesday, accusing their union of "mutiny" over job cuts. The United Nations Relief and Works Agency (UNRWA) announced last
Published 09 Aug, 2018 12:00am
THE RUPEE: recovers lost ground
Currency

THE RUPEE: recovers lost ground

The rupee managed to recover overnight losses against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee did not move sharply in relation to the US currency for buying and selling at Rs 124.22 and Rs 124.23, the
Published 09 Aug, 2018 12:00am
Business facilitation: Taxpayers of AJK CBR included in FBR''s ATL

Business facilitation: Taxpayers of AJK CBR included in FBR''s ATL

The Federal Board of Revenue (FBR) has included taxpayers of the Council Board of Revenue, Azad Jammu and Kashmir, in Active Taxpayers List (ATL) of FBR to facilitate AJK-based business community. Sources told Business Recorder here on Wednesday th
Published 09 Aug, 2018 12:00am
THE RUPEE: recovers lost ground
Currency

THE RUPEE: recovers lost ground

The rupee managed to recover overnight losses against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee did not move sharply in relation to the US currency for buying and selling at Rs 124.22 and Rs 124.23, the
Published 09 Aug, 2018 12:00am
Business facilitation: Taxpayers of AJK CBR included in FBR's ATL

Business facilitation: Taxpayers of AJK CBR included in FBR's ATL

The Federal Board of Revenue (FBR) has included taxpayers of the Council Board of Revenue, Azad Jammu and Kashmir, in Active Taxpayers List (ATL) of FBR to facilitate AJK-based business community. Sources told Business Recorder here on Wednesday th
Published 09 Aug, 2018 12:00am
Business facilitation: Taxpayers of AJK CBR included in FBR's ATL

Business facilitation: Taxpayers of AJK CBR included in FBR's ATL

The Federal Board of Revenue (FBR) has included taxpayers of the Council Board of Revenue, Azad Jammu and Kashmir, in Active Taxpayers List (ATL) of FBR to facilitate AJK-based business community. Sources told Business Recorder here on Wednesday th
Published 09 Aug, 2018 12:00am
G-B order 2018 restored by Supreme Court

G-B order 2018 restored by Supreme Court

The Supreme Court on Wednesday suspended the judgment of Gilgit-Baltistan Supreme Appellate Court to set aside the Government of Gilgit-Baltistan's Order 2018. A three-judge bench, headed by Chief Justice of Pakistan Mian Saqib Nisar, heard the federation
Published 09 Aug, 2018 12:00am
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