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Nov 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-09-08
Canada job losses surprise, but rate hike still expected

Canada job losses surprise, but rate hike still expected

The Canadian economy unexpectedly shed over 50,000 jobs in August due to losses in part-time work, Statistics Canada data showed on Friday, but investors still expected the Bank of Canada to raise interest rates next month.
Published 08 Sep, 2018 12:00am
Zimbabwe names new finance minister to revive economy

Zimbabwe names new finance minister to revive economy

Zimbabwe's newly-inaugurated President Emmerson Mnangagwa on Friday named respected economist Mthuli Ncube as finance minister to revive the country's battered economy in the first cabinet since his election in a disputed vote.
Published 08 Sep, 2018 12:00am
China to increase export tax rebates on 397 products

China to increase export tax rebates on 397 products

China said on Friday it will increase export tax rebates for 397 items ranging from some steel products to electronic ones, in a bid to boost prospects for shipments amid its trade war with the United States. The move comes as word is widely awaited on wh
Published 08 Sep, 2018 12:00am
China FX reserves fall slightly in August
Currency

China FX reserves fall slightly in August

China's foreign exchange reserves fell slightly more than expected in August as the dollar extended gains and Beijing took steps to stabilise its yuan currency in the face of mounting trade tensions with the United States. Reserves fell $8.23 billion in A
Published 08 Sep, 2018 12:00am
US job growth surges; annual wage gain largest since 2009

US job growth surges; annual wage gain largest since 2009

US job growth accelerated in August and wages notched their largest annual increase in more than nine years, the clearest signs that the economy was so far weathering the Trump administration's escalating trade war with China.
Published 08 Sep, 2018 12:00am
Australian, New Zealand shares fall

Australian, New Zealand shares fall

Australian shares fell again on Friday as most Asia-Pacific markets kept slumping, partly because of the possibility the US-China trade war could escalate any time. The S&P/ASX 200 index dropped 0.3 percent to 6,143.8 at the close, extending its losses to
Published 08 Sep, 2018 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks closed lower Friday on fresh trade concerns after President Donald Trump suggested he would soon be targeting Japan, while chip makers were hit by a sell-off following steep losses in their US counterparts. The benchmark Nikkei 225 index ende
Published 08 Sep, 2018 12:00am
Wall Street takes a hit from chip, internet stocks

Wall Street takes a hit from chip, internet stocks

The tech-heavy Nasdaq saw sharp declines on Thursday as internet stocks faltered for a second day on concerns about increased regulation, while a warning from KLA Tencor led a slide in chip stocks. Chipmaker Micron sank 9 percent after Chief Financial Off
Published 08 Sep, 2018 12:00am
Hong Kong shares flat

Hong Kong shares flat

Hong Kong shares finished flat on Friday, after touching their lowest levels since July last year, amid concerns that a new set of Sino-US tariffs could come into effect after the deadline for a public comment period for proposed tariffs passed.
Published 08 Sep, 2018 12:00am
Treasury yields fall on safety buying

Treasury yields fall on safety buying

US Treasury yields fell on Thursday on safety buying as stocks dropped and as investors saw recent weakness in bonds driven by heavy corporate issuance as an opportunity to add positions at higher yields. World shares fell for a fifth straight day, with e
Published 08 Sep, 2018 12:00am
Treasury yields fall on safety buying

Treasury yields fall on safety buying

US Treasury yields fell on Thursday on safety buying as stocks dropped and as investors saw recent weakness in bonds driven by heavy corporate issuance as an opportunity to add positions at higher yields. World shares fell for a fifth straight day, with e
Published 08 Sep, 2018 12:00am
Indian shares move higher

Indian shares move higher

Indian shares ended higher on Friday helped by gains in energy and automobile stocks as the rupee regained some lost ground, but the benchmark indexes logged their worst week since end June. The BSE index rose 0.38 percent to 38,389.82, but finished the w
Published 08 Sep, 2018 12:00am
China shares up in cautious trade

China shares up in cautious trade

Stocks in China ended higher on Friday, but the Shanghai Composite index and blue-chip shares closed lower for the week, as a deadline for public comments on fresh US trade tariffs expired. At the close, the Shanghai Composite index was up 10.71 points or
Published 08 Sep, 2018 12:00am
Sri Lankan shares climb

Sri Lankan shares climb

Sri Lankan shares ended slightly firmer on Friday, boosted by foreign buying, and posted their third straight week of gains. The Colombo stock index ended 0.09 percent firmer at 6,117.89. The bourse rose 0.6 percent during the week.
Published 08 Sep, 2018 12:00am
Southeast Asian stocks down; Singapore hits 16-month low
Currency

Southeast Asian stocks down; Singapore hits 16-month low

Southeast Asian stock markets ended the week with steep losses as emerging market currency woes and global trade tensions sent investors fleeing from risky assets, with Singapore dropping to its lowest close in more than 16 months on Friday.
Published 08 Sep, 2018 12:00am
FTSE falls on trade fears as pound strengthens

FTSE falls on trade fears as pound strengthens

The UK's blue-chip index fell on Friday as investors awaited news on whether the United States would impose new tariffs on Chinese imports while a data breach at British Airways triggered a fall in its owner's shares.
Published 08 Sep, 2018 12:00am
Loew rewarded for putting faith in Germany's old guard

Loew rewarded for putting faith in Germany's old guard

Germany are trying to move into a new era after their disastrous World Cup campaign, but Thursday's 0-0 draw with France showed the importance to coach Joachim Loew of keeping faith in the old guard. Loew's starting line-up at the Allianz Arena against th
Published 08 Sep, 2018 12:00am
Maradona to coach second-division side Dorados

Maradona to coach second-division side Dorados

Argentine legend Diego Maradona has been hired to coach Mexican second-division football club Dorados in his latest foray into management, the club announced Thursday. Maradona's colorful career has included stints coaching the Argentine national team and
Published 08 Sep, 2018 12:00am
Injury-hit Bangladesh recall Mominul for Asia Cup

Injury-hit Bangladesh recall Mominul for Asia Cup

Bangladesh have added batsman Mominul Haque to their squad for the Asia Cup as backup to several players carrying injuries, selectors said on Friday. "He is a top-order batsman, who can play as an opener or in (the) one-down position. So we thought his in
Published 08 Sep, 2018 12:00am
Sixteen-Star win Pakistan Defence Day Football Festival final

Sixteen-Star win Pakistan Defence Day Football Festival final

Sixteen-Star Football Academy U-14 team recorded a convincing 3-0 victory against their counterparts from North Muslim Football Academy in SPC Pakistan Defence Day Football Festival match here at Sixteen-Star Football Ground on September 6 evening.
Published 08 Sep, 2018 12:00am
Shoaib Malik wants Pakistan, India cricket events on regular basis

Shoaib Malik wants Pakistan, India cricket events on regular basis

All-rounder Shoaib Malik has called for holding cricket events between Pakistan and India on regular basis, saying that bilateral cricket series between the two countries not only promotes cricket but also helps bring closer the peoples across the borders
Published 08 Sep, 2018 12:00am
Salah wins federation battle as Egypt return

Salah wins federation battle as Egypt return

Mohamed Salah has emerged the victor in his bitter dispute with the Egypt Football Association as the Pharaohs make their return after exiting the World Cup winless. The Liverpool striker had clashed with his country's FA over image rights violations and
Published 08 Sep, 2018 12:00am
Kane to face Spain in eye-catching boots

Kane to face Spain in eye-catching boots

England captain Harry Kane will wear gold boots in Saturday's Nations League clash against Spain to celebrate finishing as the World Cup's top scorer. Kane will be making his first England appearance since winning the Golden Boot trophy awarded for finish
Published 08 Sep, 2018 12:00am
Noor, Ammad, Abbas, Waleed move to semis in Junior Age Squash

Noor, Ammad, Abbas, Waleed move to semis in Junior Age Squash

Noor Zaman, Muhammad Ammad, Abbas Nawaz and Waleed Khalil moved to the semi-finals of the Under-15 category after recording victories against their respective rivals in the quarter-finals of the National Junior Age Group Squash Championship being played h
Published 08 Sep, 2018 12:00am
Cook exit sparks England collapse in final Test

Cook exit sparks England collapse in final Test

Alastair Cook marked his final Test appearance with a fifty before India's Jasprit Bumrah sparked an England collapse at the Oval on Friday. England only lost one wicket before tea and were making steady, if slow, progress at 131 for one on the first day
Published 08 Sep, 2018 12:00am
Tencent to check IDs to enforce game limits for minors

Tencent to check IDs to enforce game limits for minors

Chinese tech giant Tencent said Thursday it will launch a real-name identification system in its hit mobile video game "Honour of Kings" to enforce playtime restrictions on underage players. The measure comes on the heels of new efforts by the government
Published 08 Sep, 2018 12:00am
Moscovici calls for faster eurozone reforms
Currency

Moscovici calls for faster eurozone reforms

EU Economic Affairs Commissioner Pierre Moscovici on Thursday urged the bloc to wrap up its reforms of the eurozone this year before the European Parliament elections in May 2019 which could result in the rise in euro-sceptic and nationalist parties.
Published 08 Sep, 2018 12:00am
'Capsule housing' project sparks outrage in Spain

'Capsule housing' project sparks outrage in Spain

A Barcelona company sparked outrage in Spain on Thursday with a plan to rent tiny pods where low income workers would live side-by-side like bees in a hive for as little as 200 euros ($232) a month The company argues the project called Haibu - which means
Published 08 Sep, 2018 12:00am
Japan eyes extra budget

Japan eyes extra budget

Japan would consider the need for an extra budget in the current fiscal year to support areas devastated by a recent chain of natural disasters, Finance Minister Taro Aso said on Friday, which could complicate efforts to restore tattered public finances.
Published 08 Sep, 2018 12:00am
Britain and EU face trade differences in Brexit talks

Britain and EU face trade differences in Brexit talks

Britain's Brexit negotiator met his EU counterpart on Thursday as Brussels and London scramble to reconcile divorce demands ahead of next month's summit deadline. Brexit minister Dominic Raab is a regular in the EU capital, but tensions were stirred this
Published 08 Sep, 2018 12:00am
Dollar eases against yen in Asia
Currency

Dollar eases against yen in Asia

The dollar eased against the yen on Friday after a report suggested that Japan would be the next country with which US President Donald Trump will take up trade issues. The US currency held in relatively tight ranges against other major peers such as the
Published 08 Sep, 2018 12:00am
Dollar trapped in ranges in Europe on trade war fears
Currency

Dollar trapped in ranges in Europe on trade war fears

The Australian dollar skidded to its weakest level in more than 2-1/2 years as fears over an escalation in the trade conflict between the United States and China dominated concerns, while safe-haven currencies such as the franc and yen gained.
Published 08 Sep, 2018 12:00am
Dollar falls broadly in New York trade

Dollar falls broadly in New York trade

The dollar edged lower against a basket of currencies on Thursday, as investors positioned themselves ahead of Friday's highly anticipated jobs report for August. The dollar index, which measures the greenback against a basket of six currencies, was down
Published 08 Sep, 2018 12:00am
Sri Lankan rupee down
Currency

Sri Lankan rupee down

The Sri Lankan rupee ended marginally weaker on Friday as importer dollar demand surpassed selling of the greenback by banks, a day after the central bank cut net open positions of commercial banks to increase dollar liquidity, dealers said. The local cur
Published 08 Sep, 2018 12:00am
Aussie, kiwi slip
Currency

Aussie, kiwi slip

The Australian dollar on Friday inched closer to a recent 2-1/2 year trough as weak July housing loans sparked fears of a further slowdown in the once-booming property market, while New Zealand's currency also ticked lower.
Published 08 Sep, 2018 12:00am
Asian currencies flat, set for weekly losses
Currency

Asian currencies flat, set for weekly losses

Asian currencies were set to end lower after a tumultuous week, while the prospect of additional US tariffs on Chinese goods kept trading muted on Friday. Following the expiry of the public comment period for threatened tariffs on $200 billion in Chinese
Published 08 Sep, 2018 12:00am
Sterling set for third week of gains on Barnier comments
Currency

Sterling set for third week of gains on Barnier comments

Sterling briefly rose to a one-week high on Friday after European Union negotiator Michel Barnier said the EU was open to discussing other "backstops" on the Brexit issue, though a dollar rally on the back of strong US jobs data checked gains.
Published 08 Sep, 2018 12:00am
US Army to boost strength in Germany by 1,500 troops

US Army to boost strength in Germany by 1,500 troops

The US Army said Friday it would deploy an additional 1,500 troops in Germany, despite President Donald Trump's repeated complaints that the NATO partner is spending too little on joint defence.
Published 08 Sep, 2018 12:00am
Trump says expecting 'positive' new letter from North Korea's Kim

Trump says expecting 'positive' new letter from North Korea's Kim

US President Donald Trump said Friday he was expecting a "positive" new letter from North Korean leader Kim Jong Un, indicating that negotiations on denuclearizing the peninsula remain alive after weeks of apparent deadlock. "I know that a letter is being
Published 08 Sep, 2018 12:00am
Trump urges attorney general to investigate anonymous op-ed

Trump urges attorney general to investigate anonymous op-ed

US President Donald Trump on Friday urged his attorney general to investigate the anonymous author of a damning op-ed, escalating his long-running battles with both the media and leaks from the White House. Trump also took aim at a book by investigative j
Published 08 Sep, 2018 12:00am
Ecuador hit by 6.2 magnitude quake

Ecuador hit by 6.2 magnitude quake

A deep 6.2 magnitude earthquake struck Ecuador on Thursday night, causing damage to buildings and injuring two people. The quake hit at 9:12 pm local time (0212 GMT on Friday) at a depth of 93.5 kilometers, near the center of the South American country. I
Published 08 Sep, 2018 12:00am
Mugabe accepts disputed election result

Mugabe accepts disputed election result

Zimbabwe's former president Robert Mugabe, who had vowed not to vote for his old party in elections in July, on Thursday said he accepted the outcome of the disputed poll.
Published 08 Sep, 2018 12:00am
Protesters set Iranian consulate ablaze in Basra

Protesters set Iranian consulate ablaze in Basra

Hundreds of protesters stormed and set on fire the Iranian consulate in Iraq's southern city of Basra on Friday, an AFP photographer said, as they vented their anger over poor public services.
Published 08 Sep, 2018 12:00am
Spain 'defending' ship deal with Riyadh said under threat

Spain 'defending' ship deal with Riyadh said under threat

Madrid said on Friday it was working "to defend" a lucrative warship contract with Saudi Arabia amid reports the deal is in trouble after the Socialist government blocked the sale of 400 bombs to Riyadh, which is involved in the bloody Yemen conflict.
Published 08 Sep, 2018 12:00am
Myanmar rejects ICC decision over Rohingya crisis

Myanmar rejects ICC decision over Rohingya crisis

Myanmar on Friday "resolutely" rejected a ruling by the International Criminal Court empowering the tribunal to probe alleged crimes against the Rohingya even though the Southeast Asian nation is not a member of it.
Published 08 Sep, 2018 12:00am
Turkey, Netherlands appoint new envoys

Turkey, Netherlands appoint new envoys

Turkey and the Netherlands on Friday appointed new ambassadors after agreeing to renew diplomatic ties damaged last year when two Turkish ministers were barred from a Rotterdam rally.
Published 08 Sep, 2018 12:00am
Palestinian teen killed

Palestinian teen killed

A teenager was shot dead by the Israeli army during renewed clashes on the Gaza border Friday, the health ministry in the Palestinian strip said.
Published 08 Sep, 2018 12:00am
Russians in UK spy poisoning posed as businessmen

Russians in UK spy poisoning posed as businessmen

Two Russians accused by London of trying to kill a former double agent with nerve agent posed as businessmen to obtain visas to visit Britain for the attack, a report said Friday.
Published 08 Sep, 2018 12:00am
France says Russia tried to spy on satellite

France says Russia tried to spy on satellite

A Russian satellite attempted last year to spy on a satellite providing secure communications for the French military, Defence Minister Florence Parly said Friday.
Published 08 Sep, 2018 12:00am
Trade war fears push copper towards second weekly loss

Trade war fears push copper towards second weekly loss

Copper prices steadied near 14-month lows on Friday but were set for their second consecutive weekly loss as investors braced for new US tariffs on China which could damage economic growth and demand for metals. A public comment period for proposed tariff
Published 08 Sep, 2018 12:00am
Equatorial Guinea to crack down on oil services companies

Equatorial Guinea to crack down on oil services companies

Oil and gas services firms Schlumberger, Subsea 7 and FMC face being banned from working in Equatorial Guinea if they do not commit by the end of this month to create more jobs for locals, an oil ministry source said on Friday. The move is part of crackdo
Published 08 Sep, 2018 12:00am
Oil prices steady; equity markets weigh while geopolitics Support

Oil prices steady; equity markets weigh while geopolitics Support

Oil prices were little changed on Friday, with US crude slightly lower on weak equity markets while Brent inched up on geopolitical factors, such as violent protests in Iraq. US West Texas Intermediate (WTI) crude futures settled down 2 cents at $67.75 pe
Published 08 Sep, 2018 12:00am
Tokyo rubber posts worst weekly loss

Tokyo rubber posts worst weekly loss

Benchmark Tokyo rubber futures ended lower for a sixth straight session on Friday, and posted their worst weekly loss in five months, in line with sluggish Shanghai futures and concerns over rising stockpiles. Tokyo Commodity Exchange (TOCOM) futures, whi
Published 08 Sep, 2018 12:00am
Palm oil declines for third day
Vegetable Oil

Palm oil declines for third day

Malaysian palm oil futures charted a third consecutive session of losses on Friday evening, tracking weaker edible oils and on expectation that production will rise in the coming weeks, traders said. The benchmark palm oil contract for November delivery o
Published 08 Sep, 2018 12:00am
Raw sugar climbs to one-month high, arabica coffee up
Currency

Raw sugar climbs to one-month high, arabica coffee up

Raw sugar futures on ICE rose to the highest in a month on Friday, boosted by positive chart-based signals following a three-week rally above 10-year lows, while arabica coffee prices also advanced. October raw sugar settled up 0.21 cent, or 1.9 percent,
Published 08 Sep, 2018 12:00am
Gold gains in New York

Gold gains in New York

Gold clawed higher on Thursday, propelled by a weaker dollar, short-covering and physical buying in Asia. Worries about new US trade tariffs on China cast a cloud over the market, however. "We're seeing a little bit of a relief rally for the precious meta
Published 08 Sep, 2018 12:00am
Gold moves up in Asia

Gold moves up in Asia

Gold extended gains on Friday as the dollar fell against the yen after a report suggested that US President Donald Trump would next take up trade issues with Japan, while investors feared another round of Sino-US tariffs any moment. Spot gold was up 0.1 p
Published 08 Sep, 2018 12:00am
Gold falls in Europe
Currency

Gold falls in Europe

Gold fell on Friday as the dollar resumed its rally versus a currency basket after stronger than expected payrolls data cemented expectations of a third interest rate increase in September this year. A stronger dollar makes dollar-priced gold costlier for
Published 08 Sep, 2018 12:00am
US MIDDAY: soya futures rise

US MIDDAY: soya futures rise

Chicago Board of Trade soyabean futures firmed on technical buying on Friday but gains were kept in check by expectations for a bumper US harvest in the coming weeks, traders said. Corn was close to unchanged but wheat futures were down for the fourth day
Published 08 Sep, 2018 12:00am
US MIDDAY: gold slips
Currency

US MIDDAY: gold slips

Gold fell on Friday as the dollar resumed its rally versus a currency basket after stronger-than-expected payrolls data cemented expectations that the Federal Reserve will raise interest rates in September, in what would be its third hike this year.
Published 08 Sep, 2018 12:00am
Foreign investment in tourism projects discussed

Foreign investment in tourism projects discussed

Khyber Pakhtunkhwa has vast opportunities for foreign financers to invest in various sectors including tourism, culture, sports and education, Senior Minister Muhammad Atif Khan said. Talking to UK prime minister's special representative for Afghanistan a
Published 08 Sep, 2018 12:00am
Gwadar port's uplift top priority under CPEC: Bakhtiar

Gwadar port's uplift top priority under CPEC: Bakhtiar

Minister for Planning, Development & Reform (PD&R) Makhdoom Khusro Bakhtiar has said that development of Gwadar port city under the China-Pakistan Economic Corridor (CPEC) is a top priority to explore opportunities of blue economy with a special focus on
Published 08 Sep, 2018 12:00am
OGDC's financial results for 2017-18 announced

OGDC's financial results for 2017-18 announced

The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held at the OGDCL Head Office Friday announced the financial results for the Financial Year 2017-18 ended on June 30, 2018. The company's net sales revenue was register
Published 08 Sep, 2018 12:00am
Koreans keen to invest in various sectors in KP

Koreans keen to invest in various sectors in KP

South Korean investors are showing keen interest to invest in various potential sectors of Khyber Pakhtunkhwa and in this connection; the Korean Ambassador in Islamabad, Sung-Kyu Kwak spent a busy day along with entrepreneurs here on Friday. Honorary Kore
Published 08 Sep, 2018 12:00am
Imported vehicles remain top revenue spinner of customs duty

Imported vehicles remain top revenue spinner of customs duty

The imported vehicles remained top revenue spinner of customs duty during 2017-18 with contribution of Rs 97.094 billion of customs duty during 2017-18 against Rs 78.313 billion in 2016-17, reflecting a growth of 24 percent. The FBR analysis of customs du
Published 08 Sep, 2018 12:00am
Railways to play key role in CPEC's success: Rashid

Railways to play key role in CPEC's success: Rashid

Federal Minister for Railways Sheikh Rashid Ahmed said on Friday that Railways will have a key role in success of China-Pakistan Economic Corridor (CPEC) and full cooperation will be sought from China to improve its condition. "Chinese authorities would b
Published 08 Sep, 2018 12:00am
Defence Day observed in Beijing

Defence Day observed in Beijing

The Defense Day of Pakistan was celebrated here on Thursday at the Pakistan Embassy with traditional enthusiasm and solemnity. Maj Gen Jiang Qianming of the People's Liberation Army was the chief guest on the occasion. Pakistan's ambassador to China Masoo
Published 08 Sep, 2018 12:00am
CAA urged to revise parking fee at airports

CAA urged to revise parking fee at airports

A subcommittee of the Senate Standing Committee on Aviation Friday asked the Civil Aviation Authority (CAA) to revise parking fee at airports across the country.
Published 08 Sep, 2018 12:00am
QWP slams PTI's decision of abolishing KPEC

QWP slams PTI's decision of abolishing KPEC

Qaumi Watan Party (QWP) Provincial Chairman, Sikandar Khan Sherpao severely criticizing the PTI provincial government for its decision to abolish Khyber Pakhtunkhwa Ehtesaab Commission (KPEC) and asked PTI to explain about spending of over Rs one billion
Published 08 Sep, 2018 12:00am
New tax reforms will be public-friendly: minister

New tax reforms will be public-friendly: minister

Punjab Finance Minister Makhdoom Hashim Jawan Bakht has said that Government of Punjab's new tax reforms will raise the confidence of the masses in their government. The circle of accountability will not merely be extended to those who don't pay tax but t
Published 08 Sep, 2018 12:00am
IHC moved against auction of luxury vehicles

IHC moved against auction of luxury vehicles

A petition seeking cancellation of luxury vehicles' auction of the Prime Minister House, scheduled for September 17, was moved in Islamabad High Court on Friday.
Published 08 Sep, 2018 12:00am
ITU receives over 700 fake SMS in 20 days

ITU receives over 700 fake SMS in 20 days

The Fintech Center of the Information Technology University (ITU) Punjab is successfully continuing to build a database of fraudulent text messages for Data Science Research project regarding, "SMS Fraud Detection in Pakistan" to detect fraudulent SMS by
Published 08 Sep, 2018 12:00am
PU VC crossed all limits in violating law: LHC

PU VC crossed all limits in violating law: LHC

The Lahore High Court on Friday directed the companies to pay expenses to Punjab University (PU) and other educational institutions for using their playgrounds for the construction of Lahore Metro Bus and Orange Line Metro Train projects.
Published 08 Sep, 2018 12:00am
Pak-Saudi ties will further improve: Saudi minister

Pak-Saudi ties will further improve: Saudi minister

Saudi Information Minister Dr Awwad Saleh al-Awwad Friday said bilateral relations between Pakistan and the Kingdom of Saudi Arabia will further improve in collaboration with the new PTI-led government of Pakistan.
Published 08 Sep, 2018 12:00am
Fast Cables launches tree plantation drive

Fast Cables launches tree plantation drive

Fast Cables launched a Tree Plantation campaign at its offices, manufacturing units and nationwide dealership network as part of the National Tree Plantation Drive.
Published 08 Sep, 2018 12:00am
ANCPL working as separate legal entity

ANCPL working as separate legal entity

Akzo Nobel, the leading global Paints and Coatings Company, announced that Akzo Nobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan. Operations in Pakistan as an independent entity will enable ANCPL to captu
Published 08 Sep, 2018 12:00am
SECP issues guidelines on AML/CFT Regulations, 2018

SECP issues guidelines on AML/CFT Regulations, 2018

In order to maintain the integrity of its regulated financial sector in respect of preventing and combating money laundering and terrorism financing, the SECP notified the Securities and Exchange Commission of Pakistan Anti-Money Laundering and Countering
Published 08 Sep, 2018 12:00am
LGH OPD to remain open till 8pm

LGH OPD to remain open till 8pm

Principal Ameer ud Din Medical College Prof Mohammad Tayyab has said that the outdoor patient department of Lahore General Hospital (LGH) will remain opened till 8.00pm while doctors, nurses and Para medical staff will be working in the shifts as per rout
Published 08 Sep, 2018 12:00am
Corps Commander meets Punjab CM

Corps Commander meets Punjab CM

Corps Commander Lahore Lt. Gen. Amir Riaz called on Punjab Chief Minister Sardar Usman Buzdar here on Friday. During the meeting, different matters of mutual interest and professional activities of Pak army came under discussion.
Published 08 Sep, 2018 12:00am
Vehicles' registration drop by 23 percent

Vehicles' registration drop by 23 percent

A ban on the registration of vehicles for non-filers has caused millions of rupees loss to the excise and taxation department as the registration of vehicles has dropped by 23 percent during the first two months of the current fiscal.
Published 08 Sep, 2018 12:00am
UMT steps up admission expansion drive in Sri Lanka

UMT steps up admission expansion drive in Sri Lanka

As part of its internationalization initiatives, University of Management and Technology (UMT) has stepped up admission expansion drive in SAARC member, Sri Lanka. Recently, Chairman UMT Dr Hasan Sohaib Murad visited different cities of Sri Lanka includin
Published 08 Sep, 2018 12:00am
Nation united for defence of country: CM

Nation united for defence of country: CM

Punjab chief minister Sardar Usman Buzdar in a meeting with Corps Commander Lahore Lt-Gen Amir Riaz, here on Friday said that the political as well as military leadership have given a unanimous message to everyone that Pakistani nation is fully united for
Published 08 Sep, 2018 12:00am
FCCI chief flays government for raising power, gas tariffs

FCCI chief flays government for raising power, gas tariffs

Shabbir Hussain Chawla President Faisalabad Chamber of Commerce & Industry (FCCI) has strongly reacted to the increase in electricity and gas rates and said that the unilateral action of PTI (Pakistan Tehreek-e-Insaf) government will almost double the cos
Published 08 Sep, 2018 12:00am
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