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Print - 2018-09-27
FATF delegation to visit next month

FATF delegation to visit next month

A delegation of the Financial Action Task Force (FATF) will visit Pakistan in October to review the prevailing situation with regard to steps taken by the government. The federal government and concerned departments have started preparing for the delegati
Published 27 Sep, 2018 12:00am
Pakistan-India trade can grow up to $37 billion: World Bank

Pakistan-India trade can grow up to $37 billion: World Bank

Trade between India and Pakistan can grow up to $37 billion from the existing $2 billion if both countries set aside their differences and barriers to trade, says the World Bank (WB). The WB in its report titled ''A glass half full, the promise of regiona
Published 27 Sep, 2018 12:00am
Pakistan-India trade can grow up to $37 billion: World Bank

Pakistan-India trade can grow up to $37 billion: World Bank

Trade between India and Pakistan can grow up to $37 billion from the existing $2 billion if both countries set aside their differences and barriers to trade, says the World Bank (WB). The WB in its report titled 'A glass half full, the promise of regional
Published 27 Sep, 2018 12:00am
Pakistan-India trade can grow up to $37 billion: World Bank

Pakistan-India trade can grow up to $37 billion: World Bank

Trade between India and Pakistan can grow up to $37 billion from the existing $2 billion if both countries set aside their differences and barriers to trade, says the World Bank (WB). The WB in its report titled 'A glass half full, the promise of regional
Published 27 Sep, 2018 12:00am
Pakistan, China discuss regional situation

Pakistan, China discuss regional situation

Foreign Minister Shah Mahmood Qureshi held talks with his Chinese counterpart Wang Yi on the sidelines of UN General Assembly, pledging to make strenuous efforts to take their strategic partnership to new heights. The two Foreign Ministers discussed the r
Published 27 Sep, 2018 12:00am
Pakistan, China discuss regional situation

Pakistan, China discuss regional situation

Foreign Minister Shah Mahmood Qureshi held talks with his Chinese counterpart Wang Yi on the sidelines of UN General Assembly, pledging to make strenuous efforts to take their strategic partnership to new heights. The two Foreign Ministers discussed the r
Published 27 Sep, 2018 12:00am
Nepra approves Rs 1.16/unit hike

Nepra approves Rs 1.16/unit hike

National Electric Power Regulatory Authority (Nepra) has approved Rs 1.16 per unit hike in electricity tariffs of power Distribution Companies (Discos) for August 2018 to collect Rs 16 billion from consumers under monthly fuel price adjustment mechanism.
Published 27 Sep, 2018 12:00am
Nepra approves Rs 1.16/unit hike

Nepra approves Rs 1.16/unit hike

National Electric Power Regulatory Authority (Nepra) has approved Rs 1.16 per unit hike in electricity tariffs of power Distribution Companies (Discos) for August 2018 to collect Rs 16 billion from consumers under monthly fuel price adjustment mechanism.
Published 27 Sep, 2018 12:00am
Nepra approves Rs 1.16/unit hike

Nepra approves Rs 1.16/unit hike

National Electric Power Regulatory Authority (Nepra) has approved Rs 1.16 per unit hike in electricity tariffs of power Distribution Companies (Discos) for August 2018 to collect Rs 16 billion from consumers under monthly fuel price adjustment mechanism.
Published 27 Sep, 2018 12:00am
Time for Waziristan to flourish: CoAS

Time for Waziristan to flourish: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that it is time for Waziristan and other new districts to flourish and progress. According to a statement issued by Inter-Services Public Relations (ISPR) on Wednesday, Army Chief General Qamar
Published 27 Sep, 2018 12:00am
Time for Waziristan to flourish: CoAS

Time for Waziristan to flourish: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that it is time for Waziristan and other new districts to flourish and progress. According to a statement issued by Inter-Services Public Relations (ISPR) on Wednesday, Army Chief General Qamar
Published 27 Sep, 2018 12:00am
Google, Facebook agree EU ''fake news'' code of conduct

Google, Facebook agree EU ''fake news'' code of conduct

Major tech companies including Facebook and Google agreed Wednesday on a code of conduct to combat online disinformation in the European Union, although critics said the commitments were too weak. Seven months before the European elections, the code publi
Published 27 Sep, 2018 12:00am
Google, Facebook agree EU 'fake news' code of conduct

Google, Facebook agree EU 'fake news' code of conduct

Major tech companies including Facebook and Google agreed Wednesday on a code of conduct to combat online disinformation in the European Union, although critics said the commitments were too weak. Seven months before the European elections, the code publi
Published 27 Sep, 2018 12:00am
Google, Facebook agree EU 'fake news' code of conduct

Google, Facebook agree EU 'fake news' code of conduct

Major tech companies including Facebook and Google agreed Wednesday on a code of conduct to combat online disinformation in the European Union, although critics said the commitments were too weak. Seven months before the European elections, the code publi
Published 27 Sep, 2018 12:00am
4,095 posts meant for Balochistan are yet to be filled: minister

4,095 posts meant for Balochistan are yet to be filled: minister

The government admitted in the Senate on Wednesday that 4,095 posts, meant for Balochistan, under its 6 percent quota are yet to be filled. Responding to a calling attention notice by Senator Muhammad Akarm from Balochistan, State Minister for Parliamenta
Published 27 Sep, 2018 12:00am
Authorised bank branches to open on September 29, 30

Authorised bank branches to open on September 29, 30

The State Bank of Pakistan (SBP) has announced opening of concerned bank branches on 29th and 30th September 2018 to facilitate the collection of Government receipts/duties/taxes. According to SBP, it has been decided that authorized branches of National
Published 27 Sep, 2018 12:00am
Authorised bank branches to open on September 29, 30

Authorised bank branches to open on September 29, 30

The State Bank of Pakistan (SBP) has announced opening of concerned bank branches on 29th and 30th September 2018 to facilitate the collection of Government receipts/duties/taxes. According to SBP, it has been decided that authorized branches of National
Published 27 Sep, 2018 12:00am
Authorised bank branches to open on September 29, 30

Authorised bank branches to open on September 29, 30

The State Bank of Pakistan (SBP) has announced opening of concerned bank branches on 29th and 30th September 2018 to facilitate the collection of Government receipts/duties/taxes. According to SBP, it has been decided that authorized branches of National
Published 27 Sep, 2018 12:00am
MPS on Saturday: SBP may increase policy rate

MPS on Saturday: SBP may increase policy rate

The State Bank of Pakistan (SBP) will announce its monetary policy on Saturday, September 29, for next two months. Analysts are expecting the SBP will further tighten monetary policy by increasing key policy rate. "The SBP is most likely to increase the p
Published 27 Sep, 2018 12:00am
MPS on Saturday: SBP may increase policy rate

MPS on Saturday: SBP may increase policy rate

The State Bank of Pakistan (SBP) will announce its monetary policy on Saturday, September 29, for next two months. Analysts are expecting the SBP will further tighten monetary policy by increasing key policy rate. "The SBP is most likely to increase the p
Published 27 Sep, 2018 12:00am
MPS on Saturday: SBP may increase policy rate

MPS on Saturday: SBP may increase policy rate

The State Bank of Pakistan (SBP) will announce its monetary policy on Saturday, September 29, for next two months. Analysts are expecting the SBP will further tighten monetary policy by increasing key policy rate. "The SBP is most likely to increase the p
Published 27 Sep, 2018 12:00am
Over $820 million of budgeted foreign aid received

Over $820 million of budgeted foreign aid received

The country provisionally received over $820 million of budget estimates of foreign assistance in the first two months (July-August) of the current financial year 2018-19 against $709.22 million during the same period of the last year (2017-18).
Published 27 Sep, 2018 12:00am
Over $820 million of budgeted foreign aid received

Over $820 million of budgeted foreign aid received

The country provisionally received over $820 million of budget estimates of foreign assistance in the first two months (July-August) of the current financial year 2018-19 against $709.22 million during the same period of the last year (2017-18).
Published 27 Sep, 2018 12:00am
Over $820 million of budgeted foreign aid received

Over $820 million of budgeted foreign aid received

The country provisionally received over $820 million of budget estimates of foreign assistance in the first two months (July-August) of the current financial year 2018-19 against $709.22 million during the same period of the last year (2017-18).
Published 27 Sep, 2018 12:00am
ADB scales down growth to 4.8 percent
Currency

ADB scales down growth to 4.8 percent

The Asian Development Bank (ADB) has revised GDP growth projection for Pakistan down to 4.8 percent (from 5.1 percent), and raised the projection for inflation to 6.5 percent (from 4.8 percent) and the current account deficit to 5 percent (from 4.5 percen
Published 27 Sep, 2018 12:00am
ADB scales down growth to 4.8 percent
Currency

ADB scales down growth to 4.8 percent

The Asian Development Bank (ADB) has revised GDP growth projection for Pakistan down to 4.8 percent (from 5.1 percent), and raised the projection for inflation to 6.5 percent (from 4.8 percent) and the current account deficit to 5 percent (from 4.5 percen
Published 27 Sep, 2018 12:00am
ADB scales down growth to 4.8 percent
Currency

ADB scales down growth to 4.8 percent

The Asian Development Bank (ADB) has revised GDP growth projection for Pakistan down to 4.8 percent (from 5.1 percent), and raised the projection for inflation to 6.5 percent (from 4.8 percent) and the current account deficit to 5 percent (from 4.5 percen
Published 27 Sep, 2018 12:00am
ADB scales down growth to 4.8 percent
Currency

ADB scales down growth to 4.8 percent

The Asian Development Bank (ADB) has revised GDP growth projection for Pakistan down to 4.8 percent (from 5.1 percent), and raised the projection for inflation to 6.5 percent (from 4.8 percent) and the current account deficit to 5 percent (from 4.5 percen
Published 27 Sep, 2018 12:00am
Fed raises rate

Fed raises rate

The Federal Reserve raised the benchmark interest rate on Wednesday for the third time this year but showed no indication it would be more aggressive in efforts to head off inflation. The central bank boosted the lending rate to 2.0 percent - 2.25 percent
Published 27 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (September 26, 2018) and the forecast for Thursday (September 27, 2018).

Published 27 Sep, 2018 12:00am
Fed raises rate

Fed raises rate

The Federal Reserve raised the benchmark interest rate on Wednesday for the third time this year but showed no indication it would be more aggressive in efforts to head off inflation. The central bank boosted the lending rate to 2.0 percent - 2.25 percent
Published 27 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
Fed raises rate

Fed raises rate

The Federal Reserve raised the benchmark interest rate on Wednesday for the third time this year but showed no indication it would be more aggressive in efforts to head off inflation. The central bank boosted the lending rate to 2.0 percent - 2.25 percent
Published 27 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 27 Sep, 2018 12:00am
BRIndex100 tumbles

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday witnessed a negative trend due to selling in various sectors. BRIndex100 lost 17.63 points or 0.4 percent to close at 4,387.38 points. BRIndex100 touched intraday high of 4,413.03 and intraday low of 4,369.52 points. Volu
Published 27 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 27 Sep, 2018 12:00am
BRIndex100 tumbles

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday witnessed a negative trend due to selling in various sectors. BRIndex100 lost 17.63 points or 0.4 percent to close at 4,387.38 points. BRIndex100 touched intraday high of 4,413.03 and intraday low of 4,369.52 points. Volu
Published 27 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
BRIndex100 tumbles

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday witnessed a negative trend due to selling in various sectors. BRIndex100 lost 17.63 points or 0.4 percent to close at 4,387.38 points. BRIndex100 touched intraday high of 4,413.03 and intraday low of 4,369.52 points. Volu
Published 27 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 26, 2018)

Published 27 Sep, 2018 12:00am
Trump faces pushback on Iran at UNSC

Trump faces pushback on Iran at UNSC

President Donald Trump on Wednesday faced a rebuke of his hardline Iran policy at a UN Security Council meeting that laid bare a rift between the United States and other world powers. Presiding for the first time over a meeting of the United Nations' body
Published 27 Sep, 2018 12:00am
Trump faces pushback on Iran at UNSC

Trump faces pushback on Iran at UNSC

President Donald Trump on Wednesday faced a rebuke of his hardline Iran policy at a UN Security Council meeting that laid bare a rift between the United States and other world powers. Presiding for the first time over a meeting of the United Nations' body
Published 27 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 Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
Plots to disrupt ties with Pakistan will fail: China

Plots to disrupt ties with Pakistan will fail: China

Any plots to sow discord in China''s ties with Pakistan will not prevail, the Chinese government''s top diplomat said on Tuesday, as Beijing fends off criticism of its economic projects in Pakistan and a clampdown in China''s western Xinjiang region.
Published 27 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
Plots to disrupt ties with Pakistan will fail: China

Plots to disrupt ties with Pakistan will fail: China

Any plots to sow discord in China's ties with Pakistan will not prevail, the Chinese government's top diplomat said on Tuesday, as Beijing fends off criticism of its economic projects in Pakistan and a clampdown in China's western Xinjiang region.
Published 27 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
Plots to disrupt ties with Pakistan will fail: China

Plots to disrupt ties with Pakistan will fail: China

Any plots to sow discord in China's ties with Pakistan will not prevail, the Chinese government's top diplomat said on Tuesday, as Beijing fends off criticism of its economic projects in Pakistan and a clampdown in China's western Xinjiang region.
Published 27 Sep, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee depicted slight fall in relation to the dollar on the money market on Wednesday in process of trading, dealers said. The rupee shed one paisa against the dollar for buying and selling at Rs 124.25 and Rs 124.26, they added.
Published 27 Sep, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee depicted slight fall in relation to the dollar on the money market on Wednesday in process of trading, dealers said. The rupee shed one paisa against the dollar for buying and selling at Rs 124.25 and Rs 124.26, they added.
Published 27 Sep, 2018 12:00am
Economic dangers lurking on the horizon

Economic dangers lurking on the horizon

Econo-mic environment is becoming increasingly challenging and we find our economic house in disorder, not ready to face the incipient shocks building on the horizon. Let us review the dangers creeping silently around us.
Published 27 Sep, 2018 12:00am
Economic dangers lurking on the horizon

Economic dangers lurking on the horizon

Econo-mic environment is becoming increasingly challenging and we find our economic house in disorder, not ready to face the incipient shocks building on the horizon. Let us review the dangers creeping silently around us.
Published 27 Sep, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 26, 2018).

Published 27 Sep, 2018 12:00am
PPIB MD: Cabinet to consider extension of tenure

PPIB MD: Cabinet to consider extension of tenure

Federal Cabinet on Thursday (today) will consider extension of six months in the tenure of Managing Director Private Power Infrastructure Board (PPIB), well-informed sources told Business Recorder. The tenure of Managing Director expired last week
Published 27 Sep, 2018 12:00am
PPIB MD: Cabinet to consider extension of tenure

PPIB MD: Cabinet to consider extension of tenure

Federal Cabinet on Thursday (today) will consider extension of six months in the tenure of Managing Director Private Power Infrastructure Board (PPIB), well-informed sources told Business Recorder. The tenure of Managing Director expired last week
Published 27 Sep, 2018 12:00am
PPIB MD: Cabinet to consider extension of tenure

PPIB MD: Cabinet to consider extension of tenure

Federal Cabinet on Thursday (today) will consider extension of six months in the tenure of Managing Director Private Power Infrastructure Board (PPIB), well-informed sources told Business Recorder. The tenure of Managing Director expired last week
Published 27 Sep, 2018 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Sep, 2018 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 27 Sep, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Sep, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 Sep, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 27 Sep, 2018 12:00am