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Apr 18, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-12-06
Chinese agree to share real value of goods: Hammad

Chinese agree to share real value of goods: Hammad

State Minister for Revenue Hammad Azhar has said that the Chinese authorities have agreed to share the real value of goods exported from China to Pakistan to check the under-invoicing. Speaking at Sustainable Development Conference (SDC) organised by Sust
Published 06 Dec, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 06 Dec, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Dec, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 06 Dec, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 06 Dec, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 05, 2018).

Published 06 Dec, 2018 12:00am
THE RUPEE: rates dip
Currency

THE RUPEE: rates dip

The rupee fell sharply against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee lost about 81 paisas against the dollar for buying and selling at Rs 138.58 and Rs 138.62 respectively, dealers said.
Published 06 Dec, 2018 12:00am
THE RUPEE: rates dip
Currency

THE RUPEE: rates dip

The rupee fell sharply against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee lost about 81 paisas against the dollar for buying and selling at Rs 138.58 and Rs 138.62 respectively, dealers said.
Published 06 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 05, 2018).

Published 06 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 05, 2018).

Published 06 Dec, 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 (December 05, 2018).

Published 06 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 05, 2018)

Published 06 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 05, 2018).

Published 06 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 06 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 06 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 05, 2018).

Published 06 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 05, 2018).

Published 06 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (December 05, 2018) and the forecast for Thursday (December 06, 2018).

Published 06 Dec, 2018 12:00am
PM meets US peace envoy, pledges help on Afghan war

PM meets US peace envoy, pledges help on Afghan war

Prime Minister Imran Khan on Wednesday reiterated Pakistan's long-lasting interest in resolution of Afghan conflict through political settlement and also emphasised on the importance of intensifying regular engagement with the US on priority areas in the
Published 06 Dec, 2018 12:00am
PM concerned at burgeoning population growth

PM concerned at burgeoning population growth

Prime Minister Imran Khan said on Wednesday that foreign investors are keen to invest in Pakistan, adding that the country's economic situation will start improving soon. Speaking as chief guest at national symposium on 'Alarming Population, Growth in Pak
Published 06 Dec, 2018 12:00am
CJP for probe into negligence towards water security

CJP for probe into negligence towards water security

Chief Justice Mian Saqib Nisar has asked the Prime Minister to probe as to why no dam has been constructed in the last 40 years and consequently the country is facing precarious water situation.
Published 06 Dec, 2018 12:00am
Pending tax refunds remain pending

Pending tax refunds remain pending

Economic Coordination Committee (ECC) of the Cabinet has reportedly put on ice Commerce Division's proposal to clear pending tax refunds of exporters, well informed sources told Business Recorder.
Published 06 Dec, 2018 12:00am
Major tax reforms implemented in FBR

Major tax reforms implemented in FBR

The government has implemented major tax reforms in the Federal Board of Revenue (FBR), including separation of tax policy from tax administration, engagement of leading data scientists, access to third party data to have information on potential high net
Published 06 Dec, 2018 12:00am
China loops Portugal into belt initiative

China loops Portugal into belt initiative

China will always stick to "mutual respect" in its efforts to deal with global challenges, President Xi Jinping said on Wednesday in Lisbon, where he signed agreements to link Portugal to Beijing's belt and road iinitiative Portugal was Xi's last stop on
Published 06 Dec, 2018 12:00am
Nawaz says prosecution failed to produce any evidence against him

Nawaz says prosecution failed to produce any evidence against him

Former Prime Minister Nawaz Sharif on Wednesday said that prosecution has failed to produce any oral or documentary evidence to establish that his children were dependent on him at the time of establishment of Flagship Investments Limited and other 15 com
Published 06 Dec, 2018 12:00am
Cabinet meets today

Cabinet meets today

The federal cabinet, which is scheduled to meet on Thursday (today) with Prime Minister Imran Khan in the chair, will consider Gilgit-Baltistan Reforms Package. This proposal has been submitted by the Ministry of Kashmir Affairs & Gilgit-Baltistan Divisio
Published 06 Dec, 2018 12:00am
BRIndex-100 depressed

BRIndex-100 depressed

Pakistan Stock Exchange Wednesday remained under heavy pressure due to selling in various stocks. BRIndex100 lost 39.32 points or 0.94 percent to close at 4,146.84 points. BRIndex-100 touched intraday high of 4,187.58 and intraday low of 4,082.97 points.
Published 06 Dec, 2018 12:00am
BRIndex-100 depressed

BRIndex-100 depressed

Pakistan Stock Exchange Wednesday remained under heavy pressure due to selling in various stocks. BRIndex100 lost 39.32 points or 0.94 percent to close at 4,146.84 points. BRIndex-100 touched intraday high of 4,187.58 and intraday low of 4,082.97 points.
Published 06 Dec, 2018 12:00am
BRIndex-100 depressed

BRIndex-100 depressed

Pakistan Stock Exchange Wednesday remained under heavy pressure due to selling in various stocks. BRIndex100 lost 39.32 points or 0.94 percent to close at 4,146.84 points. BRIndex-100 touched intraday high of 4,187.58 and intraday low of 4,082.97 points.
Published 06 Dec, 2018 12:00am
Government decides to impose ban on furnace oil import

Government decides to impose ban on furnace oil import

The federal government decided on Wednesday to impose ban on the import of furnace oil to encourage consumption of local production. The decision has been taken in a meeting of Cabinet Committee on Energy (CCoE) held under its Chairman Ghulam Sarwar Khan,
Published 06 Dec, 2018 12:00am
Where are we heading?

Where are we heading?

The last week perhaps was the most tumultuous for the new Govern-ment during its first 100 days in office. On 30 November, the State Bank of Pakistan allowed an adjustment of nearly Rs 10 in rupee-dollar parity (from Rs 134 to Rs 144) though it recovered
Published 06 Dec, 2018 12:00am
PPL discovers gas & condensate in Sindh

PPL discovers gas & condensate in Sindh

Pakistan Petroleum Limited (PPL) the Operator of the Block 2568-18 (Gambat South) EL with 65 percent working interest (WI) along with its Joint Venture Partners Government Holdings Private Limited and Asia Resources Oil Limited (AROL) with 25 percent and
Published 06 Dec, 2018 12:00am
Umar refutes rumours of his resignation

Umar refutes rumours of his resignation

Finance Minister Asad Umar Wednesday refuted rumors of his resignation, saying that Prime Minister Imran Khan has also termed reports related to his resignation as 'baseless and false'. He said this in an exclusive interview with Aaj News. Umar said negot
Published 06 Dec, 2018 12:00am
Qatar says emir receives Saudi invite to GCC summit

Qatar says emir receives Saudi invite to GCC summit

Qatar's Emir Sheikh Tamim bin Hamad al-Thani has received an invite from Saudi Arabia to attend this month's Gulf Cooperation Council summit, despite an ongoing diplomatic crisis, Doha state media said Tuesday.
Published 06 Dec, 2018 12:00am
AgustaWestland 'copter deal: Indian court remands UK businessman

AgustaWestland 'copter deal: Indian court remands UK businessman

An Indian court on Wednesday remanded to custody a British businessman accused of paying bribes to Indian officials to win a helicopter deal for Anglo-Italian firm AgustaWestland, following a rare extradition. The case threatens strong repercussions for I
Published 06 Dec, 2018 12:00am
Online MIS launched to curtail illegal mining in KP: minister

Online MIS launched to curtail illegal mining in KP: minister

Khyber Pakhtunkhwa Minister for Mines and Minerals Development, Dr Amjad Ali has informed that the department had launched online management information system (MIS) to enhance transparency and prevent illegal mining activities in the province.
Published 06 Dec, 2018 12:00am
UAE companies willing to make investment: envoy

UAE companies willing to make investment: envoy

The Ambassador of UAE, Hamad Obaid Ibrahim Salem Al-zabi, in a meeting with Punjab Chief Minister Sardar Usman Buzdar on Wednesday said the UAE companies are interested for making investment in Pakistan. "We want to invest in special economic zones in wat
Published 06 Dec, 2018 12:00am
MoU to enhance trade between Pakistan & Italy signed

MoU to enhance trade between Pakistan & Italy signed

The All Pakistan Business Forum (APBF) and Italian National Organization for Pakistan & Italy (ANIP) have signed a memorandum of understanding (MoU) to enhance business activities between Pakistan and Italy. APBF newly-elected President Syed Maaz Mahmood
Published 06 Dec, 2018 12:00am
UBL goes live with Oracle Cloud applications

UBL goes live with Oracle Cloud applications

United Bank Limited (UBL), one of the leading banks in Pakistan with a customer base of over four million, went live with Oracle Cloud applications to deliver a virtually seamless experience across listening, engagement, community management and analysis
Published 06 Dec, 2018 12:00am
Sarwar lauds services of AFMDC

Sarwar lauds services of AFMDC

Aziz Fatima Medical & Dental College (AFMDC) has rendered excellent services in the promotion of medical education in addition to providing best and state of the art medical facilities to the ailing humanity, said Governor Punjab Chaudhary Muhammad Sarwar
Published 06 Dec, 2018 12:00am
KBP warns of strike if crushing season delayed

KBP warns of strike if crushing season delayed

Farmers have threatened to observe a wheel-jam strike throughout the country if the crushing season is not started at the earliest and cane procurement is not ensured at the rate of Rs 180 per maund. Kissan Board Pakistan (KBP) President Chaudhry Nisar Ah
Published 06 Dec, 2018 12:00am
International moot on 'plant sciences' begins at GCU

International moot on 'plant sciences' begins at GCU

A three-day international conference on plant sciences Wednesday began at the Government College University Lahore under the auspices of its Botany Department and Higher Education Commission. Eminent biologist Prof Dr Kauser Abdulla Malik was the chief gu
Published 06 Dec, 2018 12:00am
Government forging export-oriented policies: Iftikhar
Cotton

Government forging export-oriented policies: Iftikhar

The Federal Secretary Textile Division Syed Iftikhar Hussain Babar has said that the Government is forging export oriented policies to ensure surge in exports. Government have strong believes that the economic revolution can only be possible through trade
Published 06 Dec, 2018 12:00am
Unaware MPAs demand already formed Punjab Agriculture Commission
Cotton

Unaware MPAs demand already formed Punjab Agriculture Commission

Both opposition and treasury members in the Punjab Assembly on Wednesday demanded establishment of a Punjab Agriculture Commission which was already formed in 2016. The session of the Assembly started 1 hour 50 minutes late under the chair of Deputy Speak
Published 06 Dec, 2018 12:00am
Research in social sciences must be goal-oriented: Askari

Research in social sciences must be goal-oriented: Askari

The research in social sciences must be goal oriented and aimed to serve humanity by suggesting ways and means to address human's social problems, Hasan Askari Rizvi, the former interim Chief Minister, Punjab, said while delivering a keynote address at th
Published 06 Dec, 2018 12:00am
HBL and M&P sign MOU to promote financial inclusion

HBL and M&P sign MOU to promote financial inclusion

Financial Inclusion is at the core of HBL's business focus and HBL continuously strives to develop inclusive products for SMEs. To facilitate financial inclusion and capacity building, HBL has partnered with Muller & Phipps to offer first of its kind work
Published 06 Dec, 2018 12:00am
Railways sets revenue target at Rs 10 billion

Railways sets revenue target at Rs 10 billion

Pakistan Railways has set a target to generate revenue of Rs 10 billion in one year by providing better facilities to passengers and running new freight trains. This was revealed by Minister for Railways Sheikh Rashid in a press conference on Wednesday.
Published 06 Dec, 2018 12:00am
WIPO to hold regional moot of IP offices' heads

WIPO to hold regional moot of IP offices' heads

"World Intellectual Property Organisation (WIPO) will hold regional conference of heads of IP offices in Islamabad." This was stated by Andrew Michael Ong, Director WIPO, while addressing the inaugural session of three-day regional conference on competenc
Published 06 Dec, 2018 12:00am
Rs 82 billion package to enhance agriculture sector launched

Rs 82 billion package to enhance agriculture sector launched

Ministry of National Food Security & Research Wednesday launched Rs 82 billion package to enhance agriculture sector, especially to increase crop yield, improve water scarcity and boost livestock and fisheries sectors, besides creating agro markets, in an
Published 06 Dec, 2018 12:00am
17500kg of betel nuts seized

17500kg of betel nuts seized

Model Customs Collectorate (MCC), Preventive on Wednesday recovered 17500 kilogram of betel nuts from goods carrier at Super Highway. According to details, the action was taken on a tip-off, which led the recovery of 17500 kilogram of betel nuts worth Rs
Published 06 Dec, 2018 12:00am
SMBB Trauma Centre to be first of its kind in South Asia

SMBB Trauma Centre to be first of its kind in South Asia

The Shaheed Mohtarma Benazir Bhutto Accident Emergency and Trauma Centre, inaugurated in December 2015, is designed to be the first of its kind Level 1 Trauma Centre in Pakistan and South Asia and has been serving the country since September 2016. This is
Published 06 Dec, 2018 12:00am
Anti-encroachment drive: tonnes of debris litter around demolished shops

Anti-encroachment drive: tonnes of debris litter around demolished shops

The poorly executed anti-encroachment drive has widely created a vehicular traffic chaos for citizens as tonnes of debris of the razed shop sites sprawls all around the demolished sites in the city. Moreover, the Karachi Mayor Waseem Akhtar expressed his
Published 06 Dec, 2018 12:00am
Lea Market area: SHC directs KMC to submit reply on demolition of shops

Lea Market area: SHC directs KMC to submit reply on demolition of shops

Sindh High Court (SHC) on Wednesday ordered Karachi Municipal Corporation (KMC) to submit a detailed reply in a petition, seeking to restrain the civic body to demolish shops in Lea Market area of metropolis. A division bench of SHC headed by Justice Hass
Published 06 Dec, 2018 12:00am
Development of industry: BMP encourages scientific research: chairman

Development of industry: BMP encourages scientific research: chairman

Chairman of Businessmen Panel (BMP), Mian Anjum Nisar has said that the panel undertakes economic research and encourages scientific research useful for the development of industry and commerce. He expressed that after wining the elections of FPCCI, BMP m
Published 06 Dec, 2018 12:00am
LMKT, Microsoft empowering graduates

LMKT, Microsoft empowering graduates

Local technology company, LMKT, has joined forces with Microsoft to launch the first APPFactory (Apprenticeship Factory) in Pakistan, which will develop the digital skills, coding capabilities and employability of young ICT graduates. Forming part of its
Published 06 Dec, 2018 12:00am
Textile industry capable to double exports in five years: APTMA
Cotton

Textile industry capable to double exports in five years: APTMA

All Pakistan Textile Mills Association (APTMA) has said that country's present economic situation is miserable and the only answer is to increase our exports to stable the depressed economic situation, adding that textile industry is capable enough to dou
Published 06 Dec, 2018 12:00am
Sindh likely to have cold spell
Cotton

Sindh likely to have cold spell

The farmers should evolve irrigation plans for coming Rabi season keeping in view the mostly cold and dry weather ahead, the Met Office has said. It said that the country's most parts are expected to witness a cold and dry weather spell with light rain an
Published 06 Dec, 2018 12:00am
KPRA launches GIMS for monitoring sales tax

KPRA launches GIMS for monitoring sales tax

Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched Generic Invoice Monitoring System in the KP. The software was developed by KPRA in coordination with KP-IT Board & Code for Pakistan under KP Fellowship Programme. On the eve of inaugural ceremony M
Published 06 Dec, 2018 12:00am
Case of Swati covered under Article 62(1)(f) : SC

Case of Swati covered under Article 62(1)(f) : SC

The Supreme Court Wednesday noted that after the submission of joint investigation team (JIT) report, the case of Federal Minister for Science and Technology Azam Khan Swati is straightaway covered under the Article 62(1)(f) of Constitution.
Published 06 Dec, 2018 12:00am
Polio eradication: Bill Gates lauds PM's efforts

Polio eradication: Bill Gates lauds PM's efforts

Prime Minister Imran Khan and Bill Gates, Co-Chairman of the Bill and Melinda Gates Foundation had a telephonic conversation on Wednesday. Bill Gates felicitated Imran Khan on being elected as the Prime Minister of Pakistan and appreciated his efforts tow
Published 06 Dec, 2018 12:00am
Omni Group committed breach of trust, NBP tells SC

Omni Group committed breach of trust, NBP tells SC

National Bank of Pakistan (NBP) informed the apex court that Omni Group had pledged over 250,000 bags of sugar with the bank but those were transposed, which is a crime Naeem Bukhari Advocate, representing NBP, told a three-judge bench that Omni Group had
Published 06 Dec, 2018 12:00am
CoAS calls on PM

CoAS calls on PM

Chief of Army Staff General Qamar Javed Bajwa called on Prime Minister Imran Khan here on Wednesday. Matters relating to the armed forces and overall security situation were discussed during the meeting, a statement issued by the PM Office said.
Published 06 Dec, 2018 12:00am
Child protection referral mechanism launched

Child protection referral mechanism launched

Islamic Relief Pakistan launched Child Protection Referral Mechanism as a commitment towards Channels of Hope - Child Protection Initiative where representatives from relevant state departments, child protection service providers and community members par
Published 06 Dec, 2018 12:00am
Trains' fares increased up to 19 percent

Trains' fares increased up to 19 percent

Federal Minister for Railways Sheikh Rashid Ahmad has said that Pakistan Railways has increased rail fares by up to 19 percent owing to recent depreciation of rupee against the dollar. According to the railways notification, the passengers' fares of diffe
Published 06 Dec, 2018 12:00am
Moroccan envoy calls on Alvi

Moroccan envoy calls on Alvi

President Dr Arif Alvi has emphasized the need for further strengthening trade and economic relations between Pakistan and Morocco. He added that regular exchange of trade and business delegation was of pivotal importance in this regard. The President was
Published 06 Dec, 2018 12:00am
PM's interview

PM's interview

Prime Minister (PM) Imran Khan held forth in a long interview with select TV anchors on December 3, 2018. While covering a whole range of subjects from the economy to the government having the support of the army, perhaps the most startling pronouncement
Published 06 Dec, 2018 12:00am
Managing change through exhortations

Managing change through exhortations

Advisor Commerce rightly laments the absence of 'export culture' in the country. But he doesn't tell us why this is so and what he is doing about it.
Published 06 Dec, 2018 12:00am
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