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Print - 2018-09-04
FWCCI chief felicitates CJ BHC

FWCCI chief felicitates CJ BHC

Faisalabad Women Chamber of Commerce & Industry (FWCCI) president Rubina Amjad has congratulated Justice Tahira Safdar on taking oath as the first female Chief Justice of Balochistan High Court. In a statement issued here today, she said the Pakistani wom
Published 04 Sep, 2018 12:00am
World Bank country director meets education minister

World Bank country director meets education minister

World Bank (WB) Country Director (CD) Patchamuthu Illangovan called on Federal Minister for Education and Technical Training Shafqat Mahmood, here on Monday. The meeting was also attended by Federal Secretary Education, Arshad Mirza.
Published 04 Sep, 2018 12:00am
Policy to promote industries soon

Policy to promote industries soon

Provincial Minister for Industry and Trade, Mian Aslam Iqbal Monday said that a comprehensive policy is being announced for the promotion of big and small industries while a program of soft loan for the youth will be launched soon.
Published 04 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 03, 2018).

Published 04 Sep, 2018 12:00am
Power theft, defaulters: ECC decides to take stern action

Power theft, defaulters: ECC decides to take stern action

The Economic Coordination Committee (ECC) of the Cabinet has decided to take stern action against those who are not paying electricity bills or are involved in power theft. A meeting of the ECC presided over by Finance Minister Asad Umar on Monday decided
Published 04 Sep, 2018 12:00am
Smart metering project: ADB refuses to re-appropriate $990 million loan

Smart metering project: ADB refuses to re-appropriate $990 million loan

Asian Development Bank (ADB) has reportedly refused to re-appropriate $ 990 million loan meant for smart metering project for power Distribution Companies (Discos) on the plea that it is a conceived technology which is to be procured from a local company;
Published 04 Sep, 2018 12:00am
Smart metering project: ADB refuses to re-appropriate $990 million loan

Smart metering project: ADB refuses to re-appropriate $990 million loan

Asian Development Bank (ADB) has reportedly refused to re-appropriate $ 990 million loan meant for smart metering project for power Distribution Companies (Discos) on the plea that it is a conceived technology which is to be procured from a local company;
Published 04 Sep, 2018 12:00am
Smart metering project: ADB refuses to re-appropriate $990 million loan

Smart metering project: ADB refuses to re-appropriate $990 million loan

Asian Development Bank (ADB) has reportedly refused to re-appropriate $ 990 million loan meant for smart metering project for power Distribution Companies (Discos) on the plea that it is a conceived technology which is to be procured from a local company;
Published 04 Sep, 2018 12:00am
Discos tariff up by 35.25 paisa for July

Discos tariff up by 35.25 paisa for July

National Electric Power Regulatory Authority (Nepra) has notified increase in Discos tariff by 35.25 paisa per unit for July 2018 under monthly fuel price adjustment mechanism.
Published 04 Sep, 2018 12:00am
Discos tariff up by 35.25 paisa for July

Discos tariff up by 35.25 paisa for July

National Electric Power Regulatory Authority (Nepra) has notified increase in Discos tariff by 35.25 paisa per unit for July 2018 under monthly fuel price adjustment mechanism.
Published 04 Sep, 2018 12:00am
Discos tariff up by 35.25 paisa for July

Discos tariff up by 35.25 paisa for July

National Electric Power Regulatory Authority (Nepra) has notified increase in Discos tariff by 35.25 paisa per unit for July 2018 under monthly fuel price adjustment mechanism.
Published 04 Sep, 2018 12:00am
Presidential election: Victory for Alvi looks increasingly likely

Presidential election: Victory for Alvi looks increasingly likely

The election for the President of the country will be held today and voting is expected on partisan lines, as has been the norm in this country, political pundits told Business Recorder. The three candidates in the race are PTI's Dr Arif Alvi, Maul
Published 04 Sep, 2018 12:00am
Presidential election: Victory for Alvi looks increasingly likely

Presidential election: Victory for Alvi looks increasingly likely

The election for the President of the country will be held today and voting is expected on partisan lines, as has been the norm in this country, political pundits told Business Recorder. The three candidates in the race are PTI's Dr Arif Alvi, Maul
Published 04 Sep, 2018 12:00am
China lending explained

China lending explained

Pakistan has obtained a total of $ 6 billion concessional loans from China at an interest rate of 2.29 percent with a seven-year grace period and a 25-year repayment period for infrastructure projects under the China-Pakistan Economic Corridor (CPEC).
Published 04 Sep, 2018 12:00am
China lending explained

China lending explained

Pakistan has obtained a total of $ 6 billion concessional loans from China at an interest rate of 2.29 percent with a seven-year grace period and a 25-year repayment period for infrastructure projects under the China-Pakistan Economic Corridor (CPEC).
Published 04 Sep, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 04 Sep, 2018 12:00am
China lending explained

China lending explained

Pakistan has obtained a total of $ 6 billion concessional loans from China at an interest rate of 2.29 percent with a seven-year grace period and a 25-year repayment period for infrastructure projects under the China-Pakistan Economic Corridor (CPEC).
Published 04 Sep, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Sep, 2018 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 04 Sep, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 04 Sep, 2018 12:00am
Pakistanis have stashed $150 billion abroad, SC told
Currency

Pakistanis have stashed $150 billion abroad, SC told

The Supreme Court was informed on Monday that Pakistanis have stashed $150 billion abroad. Shahbar Zaidi, one of the members of the committee, confirmed that it is true that Pakistanis have $150 billion abroad. He said the issue now to examine is how mone
Published 04 Sep, 2018 12:00am
Pakistanis have stashed $150 billion abroad, SC told
Currency

Pakistanis have stashed $150 billion abroad, SC told

The Supreme Court was informed on Monday that Pakistanis have stashed $150 billion abroad. Shahbar Zaidi, one of the members of the committee, confirmed that it is true that Pakistanis have $150 billion abroad. He said the issue now to examine is how mone
Published 04 Sep, 2018 12:00am
Xi offers $60 billion Africa aid, says 'no strings attached'

Xi offers $60 billion Africa aid, says 'no strings attached'

President Xi Jinping told African leaders Monday that China's investments on the continent have "no political strings attached", pledging $60 billion in new development financing, even as Beijing is increasingly criticised over its debt-heavy projects abr
Published 04 Sep, 2018 12:00am
Xi offers $60 billion Africa aid, says 'no strings attached'

Xi offers $60 billion Africa aid, says 'no strings attached'

President Xi Jinping told African leaders Monday that China's investments on the continent have "no political strings attached", pledging $60 billion in new development financing, even as Beijing is increasingly criticised over its debt-heavy projects abr
Published 04 Sep, 2018 12:00am
Xi offers $60 billion Africa aid, says ''no strings attached''

Xi offers $60 billion Africa aid, says ''no strings attached''

President Xi Jinping told African leaders Monday that China''s investments on the continent have "no political strings attached", pledging $60 billion in new development financing, even as Beijing is increasingly criticised over its debt-heavy projects ab
Published 04 Sep, 2018 12:00am
Qureshi girds for 'exchanges' with Pompeo

Qureshi girds for 'exchanges' with Pompeo

New foreign minister said he will "have exchanges" with US Secretary of State Mike Pompeo over Washington's cancellation of a $300 million disbursement for the Pakistani military when he visits Islamabad on Wednesday. Adopting a tougher line with an ally
Published 04 Sep, 2018 12:00am
Qureshi girds for 'exchanges' with Pompeo

Qureshi girds for 'exchanges' with Pompeo

New foreign minister said he will "have exchanges" with US Secretary of State Mike Pompeo over Washington's cancellation of a $300 million disbursement for the Pakistani military when he visits Islamabad on Wednesday. Adopting a tougher line with an ally
Published 04 Sep, 2018 12:00am
Peace & Solidarity: Next round of APAPPS in capital soon

Peace & Solidarity: Next round of APAPPS in capital soon

Pakistan and Afghanistan Monday agreed to hold the next round of Afghanistan-Pakistan Action Plan for Peace and Solidarity (APAPPS) in Islamabad anytime soon to discus all issues of mutual interests, Foreign Office said. This was agreed during a telephoni
Published 04 Sep, 2018 12:00am
Peace & Solidarity: Next round of APAPPS in capital soon

Peace & Solidarity: Next round of APAPPS in capital soon

Pakistan and Afghanistan Monday agreed to hold the next round of Afghanistan-Pakistan Action Plan for Peace and Solidarity (APAPPS) in Islamabad anytime soon to discus all issues of mutual interests, Foreign Office said. This was agreed during a telephoni
Published 04 Sep, 2018 12:00am
CoAS, PM discuss security matters

CoAS, PM discuss security matters

Chief of Army Staff (CoAS), General Qamar Javed Bajwa held a meeting with Prime Minister Imran Khan at the PM Office on Monday. PM Imran Khan and CoAS General Bajwa discussed matters of national security in the meeting. The Army Chief had also held meetin
Published 04 Sep, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

Marginal appreciation was witnessed on the money market on Monday as the rupee improved with modest gains against the dollar in the process of trading, dealers said. The rupee gained four paisas in relation to the US currency for buying and selling at Rs
Published 04 Sep, 2018 12:00am
CoAS, PM discuss security matters

CoAS, PM discuss security matters

Chief of Army Staff (CoAS), General Qamar Javed Bajwa held a meeting with Prime Minister Imran Khan at the PM Office on Monday. PM Imran Khan and CoAS General Bajwa discussed matters of national security in the meeting. The Army Chief had also held meetin
Published 04 Sep, 2018 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

Marginal appreciation was witnessed on the money market on Monday as the rupee improved with modest gains against the dollar in the process of trading, dealers said. The rupee gained four paisas in relation to the US currency for buying and selling at Rs
Published 04 Sep, 2018 12:00am
BRIndex100 jittery

BRIndex100 jittery

Bears dominated the proceedings at Pakistan Stock Exchange (PSX) due to selling in various sectors. BRIndex100 lost 11.61 points or 0.26 percent to close at 4,471.57 points on Monday. BRIndex100 touched intraday high of 4,483.20 and intraday low of 4,413.
Published 04 Sep, 2018 12:00am
BRIndex100 jittery

BRIndex100 jittery

Bears dominated the proceedings at Pakistan Stock Exchange (PSX) due to selling in various sectors. BRIndex100 lost 11.61 points or 0.26 percent to close at 4,471.57 points on Monday. BRIndex100 touched intraday high of 4,483.20 and intraday low of 4,413.
Published 04 Sep, 2018 12:00am
BRIndex100 jittery

BRIndex100 jittery

Bears dominated the proceedings at Pakistan Stock Exchange (PSX) due to selling in various sectors. BRIndex100 lost 11.61 points or 0.26 percent to close at 4,471.57 points on Monday. BRIndex100 touched intraday high of 4,483.20 and intraday low of 4,413.
Published 04 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 03, 2018).

Published 04 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 03, 2018).

Published 04 Sep, 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 Monday (September 03, 2018).

Published 04 Sep, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 03, 2018).

Published 04 Sep, 2018 12:00am
Illegal transfer of money Committee constituted

Illegal transfer of money Committee constituted

Prime Minister Imran Khan chaired a high-level meeting on crackdown against smuggling and Hawala Hundi at Prime Minister Office on Monday. The secretary commerce and Federal Board of Revenue (FBR) briefed the Prime Minister in detail about the losses incu
Published 04 Sep, 2018 12:00am
Illegal transfer of money Committee constituted

Illegal transfer of money Committee constituted

Prime Minister Imran Khan chaired a high-level meeting on crackdown against smuggling and Hawala Hundi at Prime Minister Office on Monday. The secretary commerce and Federal Board of Revenue (FBR) briefed the Prime Minister in detail about the losses incu
Published 04 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 03, 2018)

Updated 04 Sep, 2018 08:56am
Illegal transfer of money Committee constituted

Illegal transfer of money Committee constituted

Prime Minister Imran Khan chaired a high-level meeting on crackdown against smuggling and Hawala Hundi at Prime Minister Office on Monday. The secretary commerce and Federal Board of Revenue (FBR) briefed the Prime Minister in detail about the losses incu
Published 04 Sep, 2018 12:00am
Fazl-Zardari meeting remains inconclusive

Fazl-Zardari meeting remains inconclusive

A meeting between Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari and Jamiat Ulema-e-Islam (JUI-F) Emir Maulana Fazlur Rehman for fielding joint presidential candidate from opposition parties remained inconclusive, it is learnt.
Published 04 Sep, 2018 12:00am
Fazl-Zardari meeting remains inconclusive

Fazl-Zardari meeting remains inconclusive

A meeting between Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari and Jamiat Ulema-e-Islam (JUI-F) Emir Maulana Fazlur Rehman for fielding joint presidential candidate from opposition parties remained inconclusive, it is learnt.
Published 04 Sep, 2018 12:00am
Qureshi highlights HR violations in IoK

Qureshi highlights HR violations in IoK

Foreign minister Shah Mehmood Qureshi met with former Australian Senator Lee Rhiannon, who is on a six-day visit to Pakistan and Azad Jammu and Kashmir. During the meeting, the foreign minister raised the issue of human rights violations in Indian occupie
Published 04 Sep, 2018 12:00am
Centre finalises name of Kaleem Imam as new IG Sindh

Centre finalises name of Kaleem Imam as new IG Sindh

The federal government has finalized the name of Syed Kaleem Imam as new Inspector General police of Sindh on Monday. According to details the final approval will be given by the federal cabinet.
Published 04 Sep, 2018 12:00am
Non-payment of salaries to employees: SWC summons PCRWR chairman

Non-payment of salaries to employees: SWC summons PCRWR chairman

Sindh Water Commission (SWC) on Monday summoned Chairman Pakistan Council for Research & Water Resources (PCRWR) over non-payment of salaries to employees of the council. One-man judicial commission headed by former judge of Supreme Court Justice Amir Han
Published 04 Sep, 2018 12:00am
SECP registers 1,101 new companies in August

SECP registers 1,101 new companies in August

In August, the SECP registered 1,101 new companies. As compared to the corresponding month of last financial year, it represents a growth of 17 percent despite having Eid holidays, raising the number of registered companies to 89,702. The massive increase
Published 04 Sep, 2018 12:00am
UBG wants next FPCCI president from Balochistan

UBG wants next FPCCI president from Balochistan

Secretary General of United Business Group (UBG), Zubair Tufail, has said that the map of Peshawar FPCCI building has been prepared and construction of the building is likely to be started soon. He said that the group has also initiated preparation to con
Published 04 Sep, 2018 12:00am
CM approves power generation through solid waste

CM approves power generation through solid waste

Sindh Chief Minister Syed Murad Ali Shah on Tuesday expressed his willingness to utilize solid waste for generation of electricity to resolve the energy crises in the metropolis. Chairing a meeting over the issue at the CM house, Murad pointed out that 16
Published 04 Sep, 2018 12:00am
Heimtextil Russia 2018: five exhibitors to showcase products in Moscow

Heimtextil Russia 2018: five exhibitors to showcase products in Moscow

Pakistani exhibitors will participate in the International Trade Fair for Home Textiles, Floor Coverings and Interior Furnishings 'Heimtextil Russia 2018' to be held from September 18 to 20, 2018 in Moscow. Five exhibitors from Pakistan will participate a
Published 04 Sep, 2018 12:00am
PIP holds seminar for rationalizing tariff structure

PIP holds seminar for rationalizing tariff structure

Petroleum Institute of Pakistan (PIP), a representative body of the oil and gas sectors in Pakistan organized a seminar on 'Understanding consumer gas prices in Pakistan', at SSGC House, Karachi. The purpose of this seminar was to comprehend and get clari
Published 04 Sep, 2018 12:00am
Sukkur Barrage gates: minister suggests measures to control damage

Sukkur Barrage gates: minister suggests measures to control damage

Urgent measures to control the damage of gate number 39 and five other gates of Sukkur Barrage were suggested by Sindh Minister on Mines and Minerals, Mir Shabbir Ali Bijarani to avoid any eventuality. The Minister furnished this recommendation in a repor
Published 04 Sep, 2018 12:00am
CM for removing all overhead cables

CM for removing all overhead cables

Sindh Chief Minister Syed Murad Ali Shah on Tuesday constituted a committee under Secretary Local Government to talk to the concerned quarters to remove all overhead cables of internet, telephone, TV cables and likes. Presiding over the cabinet meeting, S
Published 04 Sep, 2018 12:00am
SAI brings back over 200 stranded Hujjaj

SAI brings back over 200 stranded Hujjaj

Shaheen Air International (SAI) bought back more than 200 Pakistani Hujjaj from Madina, Saudi Arabia (SA) who were stranded due to CAA not allowing SAI to fly to the holy City, by revoking their Regular Public Transport license.
Published 04 Sep, 2018 12:00am
Sindh Governor, CM visit Abdullah Shah Ghazi shrine

Sindh Governor, CM visit Abdullah Shah Ghazi shrine

Sindh Governor Imran Ismail and Sindh Chief Minister Syed Murad Ali Shah on Monday visited the shrine of great Sufi saint Abdullah Shah Ghazi on the occasion of the last day of his (Sufi Saint) Urs. Both laid a wreath on the grave of the saint and offered
Published 04 Sep, 2018 12:00am
Four children, mother drowned in pond

Four children, mother drowned in pond

Five members of a family including four children and their mother drowned in a pond here on Monday, rescue sources said. Four children including a brother and three sisters while taking bath in a pond in Kashmore district drowned. The mother of the childr
Published 04 Sep, 2018 12:00am
Over 100 Pakistani companies seek dealerships for Thai products

Over 100 Pakistani companies seek dealerships for Thai products

A three-day single country Thailand exhibition concluded here Monday as more than 100 Pakistani companies have expressed their interest in getting engaged in the import of Thai products by getting dealerships. The exhibition was organized by Department of
Published 04 Sep, 2018 12:00am
Partly Facetious:  Choosing bureaucrats

Partly Facetious: Choosing bureaucrats

"Your performance depends on who your boss is - and this, my friend, is the basic philosophy of Chairman Pakistan Tehreek-i-Insaf (PTI)."
Published 04 Sep, 2018 12:00am
DG ISPR pays tribute to martyrs, ghazis

DG ISPR pays tribute to martyrs, ghazis

Director General ISPR Major General Asif Ghafoor Monday paid tributes to martyrs and ghazis on the occasion of Pakistan Defence Day. In a message shared on twitter, he saluted the martyrs and ghazis saying they rendered sacrifices to fulfill our dreams. T
Published 04 Sep, 2018 12:00am
ANP directs workers to support PML-N candidate on PK-23

ANP directs workers to support PML-N candidate on PK-23

General Secretary ANP, Khyber Pakhtunkhwa, Sardar Hussain Babak has said that the party is part of the electoral alliance of joint opposition on all vacant parliamentary seats including Shangla and directed all subsidiary organizations of the party to wor
Published 04 Sep, 2018 12:00am