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Print - 2018-12-11
Thousands throng funeral for 'youngest' fighter in IHK

Thousands throng funeral for 'youngest' fighter in IHK

Thousands of mourners thronged the funeral on Monday of a 14-year-old freedom fighter martyred by Indian troops in held Kashmir, the youngest-ever fighter killed in the decades-long insurgency, police said. Mudasir Ahmad Parrey was martyred alongside two
Published 11 Dec, 2018 12:00am
KE trying to get additional 800MW power

KE trying to get additional 800MW power

Karachi Electric (KE) is reportedly using one of the ''top official''s'' influence to get additional 800 MW electricity at cheap rates from the national grid and two new nuclear power plants, well-informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
KE trying to get additional 800MW power

KE trying to get additional 800MW power

Karachi Electric (KE) is reportedly using one of the 'top official's' influence to get additional 800 MW electricity at cheap rates from the national grid and two new nuclear power plants, well-informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
KE trying to get additional 800MW power

KE trying to get additional 800MW power

Karachi Electric (KE) is reportedly using one of the 'top official's' influence to get additional 800 MW electricity at cheap rates from the national grid and two new nuclear power plants, well-informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
IMC pledges Rs 100 million for dams

IMC pledges Rs 100 million for dams

Indus Motor Company Limited (IMC) has pledged Rs 100 million to the Supreme Court of Pakistan and the Prime Minister''s Diamer-Bhasha and Mohmand Dams Fund to avert the looming water crisis in Pakistan. The first tranche of 20 million has been presented t
Published 11 Dec, 2018 12:00am
IMC pledges Rs 100 million for dams

IMC pledges Rs 100 million for dams

Indus Motor Company Limited (IMC) has pledged Rs 100 million to the Supreme Court of Pakistan and the Prime Minister's Diamer-Bhasha and Mohmand Dams Fund to avert the looming water crisis in Pakistan. The first tranche of 20 million has been presented to
Published 11 Dec, 2018 12:00am
IMC pledges Rs 100 million for dams

IMC pledges Rs 100 million for dams

Indus Motor Company Limited (IMC) has pledged Rs 100 million to the Supreme Court of Pakistan and the Prime Minister's Diamer-Bhasha and Mohmand Dams Fund to avert the looming water crisis in Pakistan. The first tranche of 20 million has been presented to
Published 11 Dec, 2018 12:00am
Oman allows Israeli planes to use airspace: Netanyahu

Oman allows Israeli planes to use airspace: Netanyahu

Oman will let Israeli planes fly through its airspace, Prime Minister Benjamin Netanyahu said Monday, in another sign of his country's efforts toward ties with Arab states despite the conflict with the Palestinians. The announcement follows Netanyahu's su
Published 11 Dec, 2018 12:00am
Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Engineering Development Board (EDB) has asked Federal Board of Revenue (FBR) to withdraw Regulatory Duty (RD) on locally-manufactured automotive parts, official sources told Business Recorder. The organisation which had been about to be dissolved d
Published 11 Dec, 2018 12:00am
Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Engineering Development Board (EDB) has asked Federal Board of Revenue (FBR) to withdraw Regulatory Duty (RD) on locally-manufactured automotive parts, official sources told Business Recorder. The organisation which had been about to be dissolved d
Published 11 Dec, 2018 12:00am
Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Engineering Development Board (EDB) has asked Federal Board of Revenue (FBR) to withdraw Regulatory Duty (RD) on locally-manufactured automotive parts, official sources told Business Recorder. The organisation which had been about to be dissolved d
Published 11 Dec, 2018 12:00am
Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Locally-manufactured automotive parts: EDB asks FBR to withdraw RD

Engineering Development Board (EDB) has asked Federal Board of Revenue (FBR) to withdraw Regulatory Duty (RD) on locally-manufactured automotive parts, official sources told Business Recorder. The organisation which had been about to be dissolved d
Published 11 Dec, 2018 12:00am
Expats remit $9.02 billion in five months

Expats remit $9.02 billion in five months

The inflows of home remittances rose to $9 billion, up by 12 percent, during the first five months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Monday reported that overseas Pakistani workers remitted $9.028 billion in July to November of
Published 11 Dec, 2018 12:00am
Expats remit $9.02 billion in five months

Expats remit $9.02 billion in five months

The inflows of home remittances rose to $9 billion, up by 12 percent, during the first five months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Monday reported that overseas Pakistani workers remitted $9.028 billion in July to November of
Published 11 Dec, 2018 12:00am
Expats remit $9.02 billion in five months

Expats remit $9.02 billion in five months

The inflows of home remittances rose to $9 billion, up by 12 percent, during the first five months of this fiscal year (FY19). The State Bank of Pakistan (SBP) Monday reported that overseas Pakistani workers remitted $9.028 billion in July to November of
Published 11 Dec, 2018 12:00am
Job opportunities contracted in GCC states: World Bank

Job opportunities contracted in GCC states: World Bank

The remittances to Pakistan are expected to reach $20.9 billion in 2018, which is 6.9 percent of GDP, says the World Bank. The WB in its latest report titled "Regional Trends in Migration and Remittance Flows" ranked Pakistan 7th among the top 10 recipien
Published 11 Dec, 2018 12:00am
Job opportunities contracted in GCC states: World Bank

Job opportunities contracted in GCC states: World Bank

The remittances to Pakistan are expected to reach $20.9 billion in 2018, which is 6.9 percent of GDP, says the World Bank. The WB in its latest report titled "Regional Trends in Migration and Remittance Flows" ranked Pakistan 7th among the top 10 recipien
Published 11 Dec, 2018 12:00am
Job opportunities contracted in GCC states: World Bank

Job opportunities contracted in GCC states: World Bank

The remittances to Pakistan are expected to reach $20.9 billion in 2018, which is 6.9 percent of GDP, says the World Bank. The WB in its latest report titled "Regional Trends in Migration and Remittance Flows" ranked Pakistan 7th among the top 10 recipien
Published 11 Dec, 2018 12:00am
Job opportunities contracted in GCC states: World Bank

Job opportunities contracted in GCC states: World Bank

The remittances to Pakistan are expected to reach $20.9 billion in 2018, which is 6.9 percent of GDP, says the World Bank. The WB in its latest report titled "Regional Trends in Migration and Remittance Flows" ranked Pakistan 7th among the top 10 recipien
Published 11 Dec, 2018 12:00am
New areas of cooperation: Pakistan, China agree to expand CPEC

New areas of cooperation: Pakistan, China agree to expand CPEC

Pakistan and China Monday resolved to work together towards completion of the ongoing projects under the China-Pakistan Economic Corridor (CPEC), besides expanding it to new areas of cooperation. This was agreed in the first round of Political Consultatio
Published 11 Dec, 2018 12:00am
New areas of cooperation: Pakistan, China agree to expand CPEC

New areas of cooperation: Pakistan, China agree to expand CPEC

Pakistan and China Monday resolved to work together towards completion of the ongoing projects under the China-Pakistan Economic Corridor (CPEC), besides expanding it to new areas of cooperation. This was agreed in the first round of Political Consultatio
Published 11 Dec, 2018 12:00am
New areas of cooperation: Pakistan, China agree to expand CPEC

New areas of cooperation: Pakistan, China agree to expand CPEC

Pakistan and China Monday resolved to work together towards completion of the ongoing projects under the China-Pakistan Economic Corridor (CPEC), besides expanding it to new areas of cooperation. This was agreed in the first round of Political Consultatio
Published 11 Dec, 2018 12:00am
May delays Brexit deal vote but EU warns no renegotiation

May delays Brexit deal vote but EU warns no renegotiation

British Prime Minister Theresa May on Monday postponed a parliamentary vote on her Brexit deal to avoid a crushing defeat, saying she would return to Brussels for further talks - but the EU warned it would not reopen the agreement. In an emergency stateme
Published 11 Dec, 2018 12:00am
May delays Brexit deal vote but EU warns no renegotiation

May delays Brexit deal vote but EU warns no renegotiation

British Prime Minister Theresa May on Monday postponed a parliamentary vote on her Brexit deal to avoid a crushing defeat, saying she would return to Brussels for further talks - but the EU warned it would not reopen the agreement. In an emergency stateme
Published 11 Dec, 2018 12:00am
Ministry yet to set up tax policy unit

Ministry yet to set up tax policy unit

Ministry of Finance is yet to set up a tax policy unit (TPU) and notify its members to implement the signature tax reforms of the incumbent government envisaging separation of tax policy and administration. Sources said that given the shortfall in revenue
Published 11 Dec, 2018 12:00am
Ministry yet to set up tax policy unit

Ministry yet to set up tax policy unit

Ministry of Finance is yet to set up a tax policy unit (TPU) and notify its members to implement the signature tax reforms of the incumbent government envisaging separation of tax policy and administration. Sources said that given the shortfall in revenue
Published 11 Dec, 2018 12:00am
Ministry yet to set up tax policy unit

Ministry yet to set up tax policy unit

Ministry of Finance is yet to set up a tax policy unit (TPU) and notify its members to implement the signature tax reforms of the incumbent government envisaging separation of tax policy and administration. Sources said that given the shortfall in revenue
Published 11 Dec, 2018 12:00am
BRIndex100 reassembles

BRIndex100 reassembles

Pakistan Stock Exchange Monday witnessed a bullish trend due to healthy buying at low levels in almost all sectors. BRIndex100 gained 90.17 points or 2.21 percent to close at 4,161.58 points. BRIndex100 touched intraday high of 4,181.49 and intraday low o
Published 11 Dec, 2018 12:00am
BRIndex100 reassembles

BRIndex100 reassembles

Pakistan Stock Exchange Monday witnessed a bullish trend due to healthy buying at low levels in almost all sectors. BRIndex100 gained 90.17 points or 2.21 percent to close at 4,161.58 points. BRIndex100 touched intraday high of 4,181.49 and intraday low o
Published 11 Dec, 2018 12:00am
BRIndex100 reassembles

BRIndex100 reassembles

Pakistan Stock Exchange Monday witnessed a bullish trend due to healthy buying at low levels in almost all sectors. BRIndex100 gained 90.17 points or 2.21 percent to close at 4,161.58 points. BRIndex100 touched intraday high of 4,181.49 and intraday low o
Published 11 Dec, 2018 12:00am
Macron to speed up tax cuts, raise wages, vows no U-turn

Macron to speed up tax cuts, raise wages, vows no U-turn

President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners, offering concessions after weeks of often violent protests that have challenged his authority.
Published 11 Dec, 2018 12:00am
Macron to speed up tax cuts, raise wages, vows no U-turn

Macron to speed up tax cuts, raise wages, vows no U-turn

President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners, offering concessions after weeks of often violent protests that have challenged his authority.
Published 11 Dec, 2018 12:00am
Macron to speed up tax cuts, raise wages, vows no U-turn

Macron to speed up tax cuts, raise wages, vows no U-turn

President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners, offering concessions after weeks of often violent protests that have challenged his authority.
Published 11 Dec, 2018 12:00am
Macron to speed up tax cuts, raise wages, vows no U-turn

Macron to speed up tax cuts, raise wages, vows no U-turn

President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners, offering concessions after weeks of often violent protests that have challenged his authority.
Published 11 Dec, 2018 12:00am
Government reviews its performance: All is well?

Government reviews its performance: All is well?

Amid cabinet reshuffle speculations subsequent to criticism on the government's performance in the first 100 days, Prime Minister Imran Khan has expressed confidence over performance of his team and decided not to change any minister, at least for now.
Published 11 Dec, 2018 12:00am
Government reviews its performance: All is well?

Government reviews its performance: All is well?

Amid cabinet reshuffle speculations subsequent to criticism on the government's performance in the first 100 days, Prime Minister Imran Khan has expressed confidence over performance of his team and decided not to change any minister, at least for now.
Published 11 Dec, 2018 12:00am
Government inaction amplifying urea shortage

Government inaction amplifying urea shortage

The federal government has reportedly backed out from its demand slashing variable contribution margin on urea from Rs 200 to 150 per bag, after the industry''s resistance at all levels, well informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
Government inaction amplifying urea shortage

Government inaction amplifying urea shortage

The federal government has reportedly backed out from its demand slashing variable contribution margin on urea from Rs 200 to 150 per bag, after the industry's resistance at all levels, well informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
Government inaction amplifying urea shortage

Government inaction amplifying urea shortage

The federal government has reportedly backed out from its demand slashing variable contribution margin on urea from Rs 200 to 150 per bag, after the industry's resistance at all levels, well informed sources told Business Recorder.
Published 11 Dec, 2018 12:00am
Copper slips as China data reinforces demand worry
Currency

Copper slips as China data reinforces demand worry

Copper prices slipped on Monday as Chinese import data reinforced worries about growth in demand for industrial metals fuelled by the ongoing US-China trade dispute, while a firmer dollar also weighed. Benchmark copper on the London Metal Exchange ended d
Published 11 Dec, 2018 12:00am
Militia forces Libya's NOC to declare force majeure on biggest oilfield

Militia forces Libya's NOC to declare force majeure on biggest oilfield

Libya's National Oil Company (NOC) on Monday declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend by a local militia group. NOC said the shutdown would result in a production loss of 315,000 barrels per day (bpd)
Published 11 Dec, 2018 12:00am
Oil falls nearly 2 percent on stocks sell-off, pares Opec deal gains

Oil falls nearly 2 percent on stocks sell-off, pares Opec deal gains

Oil fell nearly 2 percent on Monday, echoing the weakness in global stock markets as the focus returned to demand growth concerns and crude prices erased some of the gains made last week on an OPEC-led decision to cut output. A gauge of global equities st
Published 11 Dec, 2018 12:00am
Rubber hits 10-day low

Rubber hits 10-day low

Benchmark Tokyo rubber futures slipped to a 10-day low on Monday as tumbling Asian stock markets, amid fears over weaker global economy, trimmed risk appetite among investors, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for May deli
Published 11 Dec, 2018 12:00am
Palm oil rebounds to one-week high
Vegetable Oil

Palm oil rebounds to one-week high

Malaysian palm oil futures reversed earlier losses to close over 2 percent higher on Monday, as official data showed falling output for the first time in five months. Data from industry regulator the Malaysian Palm Oil Board (MPOB) showed stocks last mont
Published 11 Dec, 2018 12:00am
The Weather

The Weather

The weather report on Monday (December 10, 2018) and the forecast for Tuesday (December 11, 2018).

Published 11 Dec, 2018 12:00am
Russian wheat export prices follow global benchmarks higher

Russian wheat export prices follow global benchmarks higher

Russian wheat export prices rose last week after Chicago wheat futures, a global benchmark for the market, climbed 3 percent due to high US export sales data, analysts said on Monday. Prices of Russian wheat were also supported by high demand from Egypt,
Published 11 Dec, 2018 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Dec, 2018 12:00am
Robusta coffee falls to two-month low, sugar settles down
Currency

Robusta coffee falls to two-month low, sugar settles down

Robusta coffee futures on ICE slid to a two-month low on Monday, pressured by ample supplies, while sugar prices also fell, tracking a crude oil decline. March arabica coffee settled up 1.05 cents, or 1 percent, at $1.0515 per lb after rebounding off supp
Published 11 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Dec, 2018 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices were steady in Asia on Monday, having touched a fresh five-month peak early in the session, as the dollar weakened after a soft US jobs report fuelled speculation that the Federal Reserve may stop raising interest rates sooner than expected.
Published 11 Dec, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 11 Dec, 2018 12:00am
Gold down in Europe

Gold down in Europe

Gold edged lower on Monday as the dollar firmed, but stock market volatility and chances of a slower pace of US interest rate hikes in 2019 kept bullion close to a 5-month peak scaled earlier in the session. Spot gold was down 0.1 percent at $1,246.42 per
Published 11 Dec, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 10, 2018).

Published 11 Dec, 2018 12:00am
US MIDDAY: soya, wheat decline

US MIDDAY: soya, wheat decline

US soya and wheat futures fell on Monday on positioning ahead of a monthly US Department of Agriculture crop supply/demand report and uncertainty about the ongoing US-China trade dispute, traders said. A higher dollar added pressure, making US grains less
Published 11 Dec, 2018 12:00am
US MIDDAY: gold eases

US MIDDAY: gold eases

Gold edged lower in early New York trade on Monday as the dollar firmed, but stock market volatility and prospects of a slower pace of US interest rate hikes in 2019 kept bullion close to a 5-month peak scaled earlier in the session.
Published 11 Dec, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 10, 2018)

Published 11 Dec, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (December 10, 2018).

Published 11 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 Monday (December 10, 2018).

Published 11 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 10, 2018).

Published 11 Dec, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 10, 2018).

Published 11 Dec, 2018 12:00am
THE RUPEE: mixed trend
Currency

THE RUPEE: mixed trend

The rupee was almost unchanged against the dollar on the inter-bank market on Monday, while it gained modest ground versus the greenback on the open market, dealers said.
Published 11 Dec, 2018 12:00am
THE RUPEE: mixed trend
Currency

THE RUPEE: mixed trend

The rupee was almost unchanged against the dollar on the inter-bank market on Monday, while it gained modest ground versus the greenback on the open market, dealers said.
Published 11 Dec, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Dec, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 11 Dec, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Dec, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 11 Dec, 2018 12:00am
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