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Print - 2018-10-24
Impediments to FDI

Impediments to FDI

Doing business, any kind of business in Pakistan is known to be a tough proposition. The World Bank's 2018 ranking on Doing Business Index (DBI) records Pakistan's overall position almost at the bottom on the list - at 147th.
Published 24 Oct, 2018 12:00am
THE RUPEE: divergent trends
Currency

THE RUPEE: divergent trends

The rupee depicted mixed patterns against the dollar on the money market on Tuesday in the process of trading activity, dealers said.
Published 24 Oct, 2018 12:00am
FATA, PATA exempted from tax for five years: Senate body told
Cotton

FATA, PATA exempted from tax for five years: Senate body told

Federal Board of Revenue (FBR) has informed the Senate Standing Committee on Finance that services and industry in the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) will be exempted from tax and loc
Published 24 Oct, 2018 12:00am
THE RUPEE: divergent trends
Currency

THE RUPEE: divergent trends

The rupee depicted mixed patterns against the dollar on the money market on Tuesday in the process of trading activity, dealers said.
Published 24 Oct, 2018 12:00am
FATA, PATA exempted from tax for five years: Senate body told
Cotton

FATA, PATA exempted from tax for five years: Senate body told

Federal Board of Revenue (FBR) has informed the Senate Standing Committee on Finance that services and industry in the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) will be exempted from tax and loc
Published 24 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange Tuesday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 73.81 points or 1.83 percent to close at 3,968.53 points. BRIndex100 touched intraday high of 4,044.80 and intraday low of 3,955.28 points. Volume
Published 24 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange Tuesday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 73.81 points or 1.83 percent to close at 3,968.53 points. BRIndex100 touched intraday high of 4,044.80 and intraday low of 3,955.28 points. Volume
Published 24 Oct, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 23, 2018).

Published 24 Oct, 2018 12:00am
BRIndex100 plummets

BRIndex100 plummets

Pakistan Stock Exchange Tuesday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 73.81 points or 1.83 percent to close at 3,968.53 points. BRIndex100 touched intraday high of 4,044.80 and intraday low of 3,955.28 points. Volume
Published 24 Oct, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 23, 2018).

Published 24 Oct, 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 Tuesday (October 23, 2018).

Published 24 Oct, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 23, 2018)

Published 24 Oct, 2018 12:00am
PM makes FDI pitch at 'Davos in the desert'

PM makes FDI pitch at 'Davos in the desert'

Prime Minister Imran Khan on Tuesday said Pakistan is creating an enabling environment, undertaking tax reforms and setting up a one-window operation to attract foreign investors in diverse areas. "This is the best time to invest in Pakistan," Imran Khan
Published 24 Oct, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 23, 2018).

Published 24 Oct, 2018 12:00am
PM makes FDI pitch at 'Davos in the desert'

PM makes FDI pitch at 'Davos in the desert'

Prime Minister Imran Khan on Tuesday said Pakistan is creating an enabling environment, undertaking tax reforms and setting up a one-window operation to attract foreign investors in diverse areas. "This is the best time to invest in Pakistan," Imran Khan
Published 24 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 24 Oct, 2018 12:00am
PM makes FDI pitch at ''Davos in the desert''

PM makes FDI pitch at ''Davos in the desert''

Prime Minister Imran Khan on Tuesday said Pakistan is creating an enabling environment, undertaking tax reforms and setting up a one-window operation to attract foreign investors in diverse areas. "This is the best time to invest in Pakistan," Imran Khan
Published 24 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 24 Oct, 2018 12:00am
PM, Saudi king discuss workforce, labour issues

PM, Saudi king discuss workforce, labour issues

Prime Minister Imran Khan and custodian of the two Holy Mosques, Saudi King Salman bin Abdul Aziz discussed the bilateral issues, regional and international situation on Tuesday. During the meeting, both the leaders expressed their desire to further stren
Published 24 Oct, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 23, 2018).

Published 24 Oct, 2018 12:00am
PM, Saudi king discuss workforce, labour issues

PM, Saudi king discuss workforce, labour issues

Prime Minister Imran Khan and custodian of the two Holy Mosques, Saudi King Salman bin Abdul Aziz discussed the bilateral issues, regional and international situation on Tuesday. During the meeting, both the leaders expressed their desire to further stren
Published 24 Oct, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (October 23, 2018) and the forecast for Tuesday (October 23, 2018).

Published 24 Oct, 2018 12:00am
PM, Saudi king discuss workforce, labour issues

PM, Saudi king discuss workforce, labour issues

Prime Minister Imran Khan and custodian of the two Holy Mosques, Saudi King Salman bin Abdul Aziz discussed the bilateral issues, regional and international situation on Tuesday. During the meeting, both the leaders expressed their desire to further stren
Published 24 Oct, 2018 12:00am
Saudi crown prince proclaims investment moot a success

Saudi crown prince proclaims investment moot a success

Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money". This year's Future I
Published 24 Oct, 2018 12:00am
Saudi crown prince proclaims investment moot a success

Saudi crown prince proclaims investment moot a success

Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money". This year's Future I
Published 24 Oct, 2018 12:00am
Saudi crown prince proclaims investment moot a success

Saudi crown prince proclaims investment moot a success

Saudi Arabia''s crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money". This year''s Future
Published 24 Oct, 2018 12:00am
Looming economic slowdown
Cotton

Looming economic slowdown

The first quarter results are mostly out. All signs are pointing to a major economic slowdown. We first present the main trends before reflecting on what more is likely to be in store.
Published 24 Oct, 2018 12:00am
Looming economic slowdown
Cotton

Looming economic slowdown

The first quarter results are mostly out. All signs are pointing to a major economic slowdown. We first present the main trends before reflecting on what more is likely to be in store.
Published 24 Oct, 2018 12:00am
New CCoP maiden meeting postponed

New CCoP maiden meeting postponed

Cabinet Committee on Privatisation (CCoP) has postponed its first meeting which was scheduled for today (Wednesday) to review the progress on a new privatization policy, according to an official of Privatisation Commission (PC). Sources in the Commission
Published 24 Oct, 2018 12:00am
New CCoP maiden meeting postponed

New CCoP maiden meeting postponed

Cabinet Committee on Privatisation (CCoP) has postponed its first meeting which was scheduled for today (Wednesday) to review the progress on a new privatization policy, according to an official of Privatisation Commission (PC). Sources in the Commission
Published 24 Oct, 2018 12:00am
New CCoP maiden meeting postponed

New CCoP maiden meeting postponed

Cabinet Committee on Privatisation (CCoP) has postponed its first meeting which was scheduled for today (Wednesday) to review the progress on a new privatization policy, according to an official of Privatisation Commission (PC). Sources in the Commission
Published 24 Oct, 2018 12:00am
Turkey, US vow to get to bottom of Khashoggi killing

Turkey, US vow to get to bottom of Khashoggi killing

Turkey and the United States vowed on Tuesday to get to the bottom of the killing of Jamal Khashoggi and punish those responsible, after Saudi Arabia admitted that the prominent journalist died during a Saudi security operation in Istanbul. Turkish Presid
Published 24 Oct, 2018 12:00am
Turkey, US vow to get to bottom of Khashoggi killing

Turkey, US vow to get to bottom of Khashoggi killing

Turkey and the United States vowed on Tuesday to get to the bottom of the killing of Jamal Khashoggi and punish those responsible, after Saudi Arabia admitted that the prominent journalist died during a Saudi security operation in Istanbul. Turkish Presid
Published 24 Oct, 2018 12:00am
Interpol arrests Omni Group's chief financial officer

Interpol arrests Omni Group's chief financial officer

The ongoing money laundering case through fake bank accounts met one of its breakthrough as the Interpol apprehended one of the key accused Aslam Masood who had fled the country after his nomination in the case. According to details, Aslam Masood, the chi
Published 24 Oct, 2018 12:00am
Interpol arrests Omni Group's chief financial officer

Interpol arrests Omni Group's chief financial officer

The ongoing money laundering case through fake bank accounts met one of its breakthrough as the Interpol apprehended one of the key accused Aslam Masood who had fled the country after his nomination in the case. According to details, Aslam Masood, the chi
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China's President Xi Jinping officially opened the world's longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing, wh
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China's President Xi Jinping officially opened the world's longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing, wh
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China''s President Xi Jinping officially opened the world''s longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing,
Published 24 Oct, 2018 12:00am
When Capital FZE set up?

When Capital FZE set up?

Former Prime Minister Nawaz Sharif's son Hassan Nawaz had told the Joint Investigation Team (JIT) that probed the Panama Papers case that he had set up Capital FZE between the years 2000 and 2001 when his family was in exile in the Kingdom of Saudi Arabia
Published 24 Oct, 2018 12:00am
When Capital FZE set up?

When Capital FZE set up?

Former Prime Minister Nawaz Sharif's son Hassan Nawaz had told the Joint Investigation Team (JIT) that probed the Panama Papers case that he had set up Capital FZE between the years 2000 and 2001 when his family was in exile in the Kingdom of Saudi Arabia
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank's Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018.
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank's Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018.
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank''s Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank''''s Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 20
Published 24 Oct, 2018 12:00am
US sanctions target Taliban, Iranian backers

US sanctions target Taliban, Iranian backers

The United States targeted Afghanistan's Taliban insurgency on Tuesday with sanctions against eight individuals, including two linked to the Quds Force of Iran's Revolutionary Guards. The individuals, who also include two Pakistanis and four Afghans, were
Published 24 Oct, 2018 12:00am
US sanctions target Taliban, Iranian backers

US sanctions target Taliban, Iranian backers

The United States targeted Afghanistan's Taliban insurgency on Tuesday with sanctions against eight individuals, including two linked to the Quds Force of Iran's Revolutionary Guards. The individuals, who also include two Pakistanis and four Afghans, were
Published 24 Oct, 2018 12:00am
Joint operation against defaulters, power thieves on the cards

Joint operation against defaulters, power thieves on the cards

Federal government has decided to launch joint operation against defaulters and power thieves in collaboration with the provincial government, fearing that if current situation continues in the power sector, the country's economy will collapse. This was r
Published 24 Oct, 2018 12:00am
Joint operation against defaulters, power thieves on the cards

Joint operation against defaulters, power thieves on the cards

Federal government has decided to launch joint operation against defaulters and power thieves in collaboration with the provincial government, fearing that if current situation continues in the power sector, the country's economy will collapse. This was r
Published 24 Oct, 2018 12:00am
LHC allows protective bail to Safdar

LHC allows protective bail to Safdar

The Lahore High Court on Tuesday granted protective bail to Capt Muhammad Safdar (retd), son-in-law of Nawaz Sharif and restrained the National Accountability Bureau (NAB) of Khyber Pakhtunkhwa (KP) from arresting him.
Published 24 Oct, 2018 12:00am
LHC allows protective bail to Safdar

LHC allows protective bail to Safdar

The Lahore High Court on Tuesday granted protective bail to Capt Muhammad Safdar (retd), son-in-law of Nawaz Sharif and restrained the National Accountability Bureau (NAB) of Khyber Pakhtunkhwa (KP) from arresting him.
Published 24 Oct, 2018 12:00am
A holistic plan is needed for all sectors

A holistic plan is needed for all sectors

Prime Minister Imran Khan while chairing the task force on energy stated that the public must no longer be made to bear the brunt of losses due to power theft and power sector mismanagement and directed the Ministry of Power to take urgent remedial measur
Published 24 Oct, 2018 12:00am
Accountability drive and avoidable controversies

Accountability drive and avoidable controversies

Facing accountability courts, once again, PPP co-chairman Asif Ali Zardari let off steam at a news conference in Islamabad. Political forces, he said, will have to unite and pass a resolution that the present government cannot last long, and is not capabl
Published 24 Oct, 2018 12:00am
Nestlé records 1.8 percent increase in revenue

Nestlé records 1.8 percent increase in revenue

Nestlé Pakistan recorded an increase in revenue of 1.8 percent for the nine months ended September 30, 2018 despite increasingly difficult economic conditions and competitive pressures. The total revenue of the Company increased by Rs1.7 billion and stood
Published 24 Oct, 2018 12:00am
DGTO orders FPCCI to notify VP's removal

DGTO orders FPCCI to notify VP's removal

Directorate General of Trade Organization (DGTO) has directed the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) to immediately notify removal of Syeda Saeeda Bano from the position of FPCCI's vice president. In an order issued here on Tu
Published 24 Oct, 2018 12:00am
Shallwani new Commissioner Karachi

Shallwani new Commissioner Karachi

Iftikhar Ali Shallwani, an officer of BS-21, has been posted as Commissioner Karachi vice Muhammad Sualeh Faruqui with immediate effect. Sualeh Faruqui has been asked to report to Services and General Department, according to a notification issued by Chie
Published 24 Oct, 2018 12:00am
PBIF chief urges SBP to introduce PayPal service

PBIF chief urges SBP to introduce PayPal service

President of Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has proposed that State Bank should take measures to introduce PayPal services in Pakistan to benefit the entrepreneurs associated with e-commerce. "The small investors
Published 24 Oct, 2018 12:00am
275th annual Urs of Latif Bhitai begins today

275th annual Urs of Latif Bhitai begins today

The divisional and district administration have finalised all arrangements to celebrate 275th three day annual Urs celebrations of Hazrat Shah Abdul Latif Bhitai being started today at Bhitshah town district Matiari. In this connection, a meeting was held
Published 24 Oct, 2018 12:00am
LCCI calls for promoting cottage industry in rural areas

LCCI calls for promoting cottage industry in rural areas

The Lahore Chamber of Commerce and Industry (LCCI) has called for promoting cottage industry in the rural areas of the country. The LCCI Acting President Khawaja Shahzad Nasir while addressing the delegation of All Pakistan Cottage Industry, led by Ghulam
Published 24 Oct, 2018 12:00am
Minister urges leaders of opposition to maintain decorum of house

Minister urges leaders of opposition to maintain decorum of house

Punjab Minister for Information and Culture, Fayyaz-ul-Hassan Chohan has urged the legislators to maintain honour and decorum of the parliament, for which they are bound legally and constitutionally. Talking to newsmen outside the Punjab Assembly on Tuesd
Published 24 Oct, 2018 12:00am
Meaningful change: Punjab CM vows to accomplish IK's vision

Meaningful change: Punjab CM vows to accomplish IK's vision

Punjab chief minister Sardar Usman Buzdar has expressed his firm resolve to materialize Prime Minister Imran Khan's vision of bringing a meaningful change in the country. "Resolution of problems at the doorsteps of the people is the PTI manifesto and ever
Published 24 Oct, 2018 12:00am
Jazz crosses 20 million broadband subscribers

Jazz crosses 20 million broadband subscribers

Jazz claims to have achieved another telecom industry milestone by crossing 20 million broadband subscribers. It has become Pakistan's leading digital communications company as the number one provider of 3G/4G data. Pakistan Telecommunica-tions Authority'
Published 24 Oct, 2018 12:00am
Guard, Longping Hi-tech to introduce heat resistant long grain

Guard, Longping Hi-tech to introduce heat resistant long grain

Guard Agricultural Research & Services (Ltd) & Chinese hybrid rice giant Longping Hi-tech is all set to introduce a heat resistant long grain variety for commercial sowing in Pakistan named as 'LP18' from the next year. Sindh is experiencing extreme heat
Published 24 Oct, 2018 12:00am
Hamza hints at PML-N-PPP alliance

Hamza hints at PML-N-PPP alliance

The opposition leader in Punjab Assembly Hamza Shahbaz hinted that PML-N will make an alliance with Pakistan Peoples Party (PPP) as it was an old and experience political party and had seen ups and downs of the country's politics. Talking to media outside
Published 24 Oct, 2018 12:00am
PM optimistic about resolving economic issues

PM optimistic about resolving economic issues

Positive response of the business community towards water and other important issues confronted by Pakistan is highly appreciable and hopefully we will settle these issues very soon with the active support of patriotic businessmen, said Prime Minister Imr
Published 24 Oct, 2018 12:00am
260 ASJs appointed through PPSC say goodbye to jobs

260 ASJs appointed through PPSC say goodbye to jobs

Nearly 260 Assistant Superintendents of Jails (ASJs) out of the total 525 recruited through the Punjab Public Service Commission (PPSC) have left their jobs owing to lack of service structure, promotion criterion and non-availability of basic facilities l
Published 24 Oct, 2018 12:00am
LHC CJ administers oath to six confirmed, eight additional judges

LHC CJ administers oath to six confirmed, eight additional judges

The Lahore High Court newly appointed Justice Muhammad Anwarul Haq here Tuesday administered oath to six confirmed and eight additional judges of the High Court. The confirmed judges include Justice Mujahid Mustaqeem Ahmad, Justice Asjad Javaid Ghural, Ju
Published 24 Oct, 2018 12:00am
JI to organise Kashmir march in Islamabad on October 27

JI to organise Kashmir march in Islamabad on October 27

Jamaat-e-Islami, Pakistan, Senator Sirjaul Haq has said that the current escalation in the brutalities of India's occupation forces in Held Kashmir should be enough to arouse the conscience of the world community. He said the JI would stage a Kashmir marc
Published 24 Oct, 2018 12:00am
Nestlé records 1.8 percent increase in revenue

Nestlé records 1.8 percent increase in revenue

Nestlé Pakistan recorded an increase in revenue of 1.8 percent for the nine months ended September 30, 2018 despite increasingly difficult economic conditions and competitive pressures. The total revenue of the Company increased by Rs1.7 billion and stood
Published 24 Oct, 2018 12:00am
BoK earns Rs 927 million profit after tax in third quarter

BoK earns Rs 927 million profit after tax in third quarter

The Board of Directors of the Bank of Khyber (BOK) held its 152nd meeting on October 18, 2018 at Islamabad to approve the quarterly results for the 3rd Quarter ended September 30, 2018. The meeting was chaired by Dr Shahzad Khan Bangash, Additional Chief
Published 24 Oct, 2018 12:00am
Oil slumps 5 percent as global equities tumble, Saudi supply assurances

Oil slumps 5 percent as global equities tumble, Saudi supply assurances

Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of US sanctions on Ir
Published 24 Oct, 2018 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Tuesday as negative factors from Saudi Arabia's diplomatic isolation to worries about Italy's finances pressured Asian shares and commodities. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery f
Published 24 Oct, 2018 12:00am
Palm oil edges lower
Vegetable Oil

Palm oil edges lower

Malaysian palm oil futures hit their highest in three days on Tuesday before falling in the evening on declines in global markets and expectations of rising October production. The benchmark palm oil contract for January delivery on the Bursa Malaysia Der
Published 24 Oct, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold rose to its highest in more than three-months on Tuesday, as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to the bullion's appeal. Palladium soared to a record high, with additional sup
Published 24 Oct, 2018 12:00am
US MIDDAY: wheat, corn up

US MIDDAY: wheat, corn up

Chicago Board of Trade wheat futures closed higher on Tuesday on technical buying and short-covering after the most-active December contract held above chart support established early this month near $5.05 a bushel, traders said. CBOT December soft red wi
Published 24 Oct, 2018 12:00am
US MIDDAY: gold jumps
Currency

US MIDDAY: gold jumps

Gold rose 1 percent on Tuesday to its highest level in over three months as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to bullion's appeal. Palladium soared to a record high, bringing the
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
ASO recovers goods worth Rs 70 million

ASO recovers goods worth Rs 70 million

The Anti Smuggling Organisation (ASO) of Customs Collectorate on Tuesday recovered goods worth Rs 70 million and arrested two persons. The goods included 145 cartons of tobaccos, 9 cartons of amla bell mixture, 13 bags of naswar, 2 cartons of cigarettes g
Published 24 Oct, 2018 12:00am
Nepra imposes Rs 4 million fine on Iesco

Nepra imposes Rs 4 million fine on Iesco

National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 4 million on Islamabad Electric Supply Company (Iesco) for manipulation of data and non-compliance with performance standards, particularly failure to maintain prescribed voltag
Published 24 Oct, 2018 12:00am