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Print - 2018-12-21
CBOT soyabean futures down to two-week low

CBOT soyabean futures down to two-week low

Chicago Board of Trade (CBOT) soyabean futures fell to a two-week low on Wednesday on concerns that a slower-than-expected pace of purchases by China will do little to consume massive supplies of the oilseed, traders said. CBOT January soyabeans settled 7
Published 21 Dec, 2018 12:00am
CBOT wheat futures fall

CBOT wheat futures fall

Chicago Board of Trade (CBOT) wheat futures fell nearly 2 percent on Wednesday in a profit-taking and technical selling setback amid easing world prices, traders said. CBOT March soft red winter wheat settled down 10-1/4 cents at $5.22-1/2 per bushel. The
Published 21 Dec, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 164,690 tonnes of cargo comprising 133,123 tonnes of import cargo and 31,567 tonnes of export cargo including 10,551 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of
Published 21 Dec, 2018 12:00am
Prices up on strong demand
Cotton

Prices up on strong demand

Prices moved up on the cotton market on Thursday in the process of strong demand by mills, dealers said. The official spot rate picked up Rs 100 t0 Rs 8,900, they added. Prices of seed cotton in Sindh were at Rs 3000-4000, in the Punjab seed cotton prices
Published 21 Dec, 2018 12:00am
CBOT corn futures decline

CBOT corn futures decline

Chicago Board of Trade (CBOT) corn futures declined on Wednesday on concerns about weak demand from ethanol makers and spillover pressure from falling soyabean prices, traders said. CBOT March corn settled down 3-3/4 cents at $3.81-3/4 per bushel in the s
Published 21 Dec, 2018 12:00am
Low turnover in steady cotton market
Cotton

Low turnover in steady cotton market

On Thursday, low turnover was reported on a steady cotton market. Traders said around 5000 bales were sold keeping the turnover low. According to the brokers in Karachi, the cotton output during the current season (August 2018/July 2019) could range betwe
Published 21 Dec, 2018 12:00am
Low turnover in steady cotton market
Cotton

Low turnover in steady cotton market

On Thursday, low turnover was reported on a steady cotton market. Traders said around 5000 bales were sold keeping the turnover low. According to the brokers in Karachi, the cotton output during the current season (August 2018/July 2019) could range betwe
Published 21 Dec, 2018 12:00am
Deceptive marketing practices: CCP imposes Rs 5 million penalty on firm

Deceptive marketing practices: CCP imposes Rs 5 million penalty on firm

A three member bench of the Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 5,000,000 on a company, involved in deceptive marketing practices, which also used trademark of M/s Starbucks Corporation USA. According to an order issued by
Published 21 Dec, 2018 12:00am
More UK companies may start business in Pakistan: envoy

More UK companies may start business in Pakistan: envoy

After re-launching of British Airways operations from Pakistan more UK companies are expected to start their businesses in this growing market. The British Deputy High Commissioner and Director Trade Elin Burns while talking to a group of reporters here o
Published 21 Dec, 2018 12:00am
King Abdullah University signs MoU with KCD

King Abdullah University signs MoU with KCD

King Abdullah University of Science and Technology (KAUST), Jeddah, Kingdom of Saudi Arabia signed MoU with Khyber College of Dentistry. In this connection, Professor Dr Charlottee A E Houser of the KAUST visited Khyber College of Dentistry (KCD), accordi
Published 21 Dec, 2018 12:00am
BMP issues white paper against UBG group

BMP issues white paper against UBG group

The Businessmen Panel (BMP) of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has said that sitting management of the apex trade body has failed to safeguard the interests of the business community reeling under multiple problems. Issuing
Published 21 Dec, 2018 12:00am
Government urged to avoid using USF for other purposes

Government urged to avoid using USF for other purposes

Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday called upon Imran Khan-led government not to use Universal Service Fund (USF) for other purposes except the specified task as was done by the previous government. This was stated by O
Published 21 Dec, 2018 12:00am
SECP warns public against investing in Reliable Estate

SECP warns public against investing in Reliable Estate

It has come to the knowledge of the Securities and Exchange Commission of Pakistan (SECP) that in the name of Reliable Estate an anonymous person is engaged in unauthorized and dubious activities. He is trying to collect deposits from the public by offeri
Published 21 Dec, 2018 12:00am
MNFS&R, FAO sign country programming framework 2018-22

MNFS&R, FAO sign country programming framework 2018-22

The Ministry of National Food Security and Research (MNFS&R) and Food and Agriculture Organization (FAO) of the UN on Thursday singed country programming framework (CPF) 2018-2022. Federal Minister for National Food Security and Research Sahibzada Muhamma
Published 21 Dec, 2018 12:00am
FFCL holds Pakistan Leadership Conversation

FFCL holds Pakistan Leadership Conversation

Fauji Fertilizer Company Limited (FFCL) organized Pakistan Leadership Conversation (PLC) here on Wednesday. The event was organized in collaboration with Planning Commission (PC) Government of Pakistan, United Nations Development Program (UNDP), Pakistan
Published 21 Dec, 2018 12:00am
FFL expedites efforts to get MPCL gas

FFL expedites efforts to get MPCL gas

The M/s Fatimafert Limited (FFL) has reportedly expedited its efforts to get 66mmcfd low BTU gas of Mari Petroleum Company Limited's (MPCL) Goru Block, well-informed sources in Ministry of Industries and Production told Business Recorder. The Petro
Published 21 Dec, 2018 12:00am
NUST team wins Telenor Hackfest

NUST team wins Telenor Hackfest

A team from NUST School of Electrical Engineering & Computer Science (SEECS), "RealPharma" remained the best after winning Telenor DigiGov Hackfest 2018, held at Telenor HQ from December 14-16, 2018.
Published 21 Dec, 2018 12:00am
Saarc CCI, CCPIT to hold China South Asia Business Forum in 2019

Saarc CCI, CCPIT to hold China South Asia Business Forum in 2019

It was resolved during a meeting in Beijing, China, wherein leadership of SAARC Chamber of Commerce & Industry (SAARC CCI) and CCPIT (China Council for Promotion of International Trade), agreed to jointly organize 14th China South Asia Business Forum in K
Published 21 Dec, 2018 12:00am
376 awarded death penalty from 2013-17: Nacta

376 awarded death penalty from 2013-17: Nacta

The law enforcement agencies have arrested 16,022 persons on charges of involvement in terrorist activities, of which 2525 have been convicted and 376 awarded death penalty from 2013 to 2017 across the country. According to official document of National C
Published 21 Dec, 2018 12:00am
Senate voices concern over country's grim literacy situation

Senate voices concern over country's grim literacy situation

The Senate on Thursday voiced concerns over the grim national literacy situation, as Pakistan was just ahead of Afghanistan in terms of its literacy while all other regional countries were much ahead of it. Minister for Federal Education and Professional
Published 21 Dec, 2018 12:00am
Senate panel for revising cellphones' import duty

Senate panel for revising cellphones' import duty

Expressing serious concern over cumbersome mobile registration process especially for expatriates, a parliamentary panel on Thursday recommended a revised duty structure on mobile import, simplifying the process as well as for extension in deadline for bl
Published 21 Dec, 2018 12:00am
ABL Asset Management launches Allied Finergy Fund

ABL Asset Management launches Allied Finergy Fund

ABL Asset Management is pleased to announce the addition of a new fund category to its product suite namely Allied Finergy Fund (AFF), Pakistan's 1st Financial & Energy sector focused Asset Allocation Fund. This dual sector-specific asset allocation fund
Published 21 Dec, 2018 12:00am
ABL Asset Management launches Allied Finergy Fund

ABL Asset Management launches Allied Finergy Fund

ABL Asset Management is pleased to announce the addition of a new fund category to its product suite namely Allied Finergy Fund (AFF), Pakistan's 1st Financial & Energy sector focused Asset Allocation Fund. This dual sector-specific asset allocation fund
Published 21 Dec, 2018 12:00am
Awareness walk against corruption held at LUMHS

Awareness walk against corruption held at LUMHS

To mark the International Anti-Corruption day which falls in the month of December each year the Directorate of Student Affairs, Liaquat University of Medial & Health Sciences Jamshoro arranged an "Awareness Walk against Corruption" followed by a Seminar
Published 21 Dec, 2018 12:00am
EPD to collect samples of water being discharged by industries

EPD to collect samples of water being discharged by industries

The Environment Protection Department (EPD) Punjab has launched a campaign to collect samples of processed water being discharged by the industrial units to assess how much and what sort of pollutants are being discharged by the industries situated along
Published 21 Dec, 2018 12:00am
EPD to collect samples of water being discharged by industries

EPD to collect samples of water being discharged by industries

The Environment Protection Department (EPD) Punjab has launched a campaign to collect samples of processed water being discharged by the industrial units to assess how much and what sort of pollutants are being discharged by the industries situated along
Published 21 Dec, 2018 12:00am
KP education Department: AGP detects overpayment of Rs 151.71 million

KP education Department: AGP detects overpayment of Rs 151.71 million

The Accountant General of Pakistan (AGP) has detected an overpayment of Rs 151.71 million in four cases of higher, incorrect and unauthorized withdrawal of project alliance by the Education Department during financial year 2014-15, said Audit Report on th
Published 21 Dec, 2018 12:00am
Drought condition may persist in Sindh, Balochistan

Drought condition may persist in Sindh, Balochistan

The continuing drought is likely to remain severe in Sindh and Balochistan during this week, the Met Office has said that northern half of the country may have a normal weather. It said that drought conditions are prevailing in several districts of Sindh
Published 21 Dec, 2018 12:00am
SHC restrains provincial government from changing 'Safe House' name

SHC restrains provincial government from changing 'Safe House' name

Sindh High Court (SHC) has restrained provincial government to change the name of "Safe House" with "Apna Ghar" to ensure safe shelter for an aggrieved woman, being victim of sexual & domestic violence, family feuds, tribal clashes, Karo kari, early marri
Published 21 Dec, 2018 12:00am
Around 45,000 litres of Iranian diesel seized

Around 45,000 litres of Iranian diesel seized

The crackdown against the operators of smuggled Iranian diesel is in full swing as around 45,000 litres of diesel have been confiscated by Model Customs Collectorate (MCC), Preventive in three separate operations within a week. In its latest action, the d
Published 21 Dec, 2018 12:00am
SFA seals bakery, restaurant

SFA seals bakery, restaurant

Sindh Food Authority (SFA) on Thursday launched crackdown against three restaurants and a bakery in Nagan Chowrangi area of the metropolis and sealed the bakery and one of the restaurants after having found unhygienic conditions and substandard food items
Published 21 Dec, 2018 12:00am
SWDs, parks to be cleared: Footpaths meant for pedestrians only: mayor

SWDs, parks to be cleared: Footpaths meant for pedestrians only: mayor

Mayor Karachi Waseem Akhtar has said that nullahs, parks and footpaths cannot be used for businesses and its violation will not be allowed. "Anti-encroachment operation is purely in the interest of Karachi and Karachiites because almost entire city has fa
Published 21 Dec, 2018 12:00am
Former PML-N MPA Waseem Qadir joins PTI

Former PML-N MPA Waseem Qadir joins PTI

The former PML-N MPA and Deputy Mayor Lahore Waseem Qadir called on the Punjab chief minister Sardar Usman Buzdar, here on Thursday and announced to join Pakistan Tehrik-e-Insaf (PTI) reposing confidence over the leadership of Prime Minister Imran Khan. W
Published 21 Dec, 2018 12:00am
Construction of 12,000 low-cost homes to begin next month: minister

Construction of 12,000 low-cost homes to begin next month: minister

Punjab Minister for Housing, Urban Development and Public Health Engineering Mian Mahmood-ur-Rashid has announced to start construction of 12,000 low-cost houses in Lodharan, Chishtian and Renala Khurd from next month. These residential units will be buil
Published 21 Dec, 2018 12:00am
Huge potential of bilateral trade ties exists, opines Russian envoy

Huge potential of bilateral trade ties exists, opines Russian envoy

Lack of proper banking channels is major bottleneck in tapping the huge potential of Pakistan and Russia bilateral trade, said Russian Commercial Consular Sergey Baranov. He was addressing a meeting at All Pakistan Textile Processing Mills Association (AP
Published 21 Dec, 2018 12:00am
All efforts on to promote true image of country: Chohan

All efforts on to promote true image of country: Chohan

Punjab Minister for Information and Culture Fayaz-ul-Hassan Chohan has said that PTI-led government is making all-out efforts to promote true image of the country wherein no discrimination in respect of colour, creed and culture would be made with any com
Published 21 Dec, 2018 12:00am
Philanthropists urged to impart technical skills to youth

Philanthropists urged to impart technical skills to youth

Governor Sindh Imran Ismail appealed to philanthropists and private sector to cooperate with government for imparting technical skills to youths. "Youths are the future of Pakistan and proper training and guidance will transform them into a useful tool in
Published 21 Dec, 2018 12:00am
Female students' drug addiction: Minister's statement termed 'baseless'

Female students' drug addiction: Minister's statement termed 'baseless'

The Private Schools Association on Thursday contradicted the claims made by Minister of State for Interior Shehryar Afridi that 75 percent students in private schools are drug addict. Speaking at a presser, representatives of Joint Action Committee Privat
Published 21 Dec, 2018 12:00am
HR violation in IHK: AJK President for formation of inquiry commission

HR violation in IHK: AJK President for formation of inquiry commission

President Azad Jammu & Kashmir Sardar Masood Khan said on Thursday that an inquiry commission should be constituted in line with the recent report of the UN Human Rights Commission against the violation of human rights in the Indian-held Kashmir. Speaking
Published 21 Dec, 2018 12:00am
Aleem Khan for promoting tourism around WCLA

Aleem Khan for promoting tourism around WCLA

Punjab Senior Minister Abdul Aleem Khan on Thursday directed the Walled City Lahore Authority (WCLA) to take steps to further promote night tourism in and around the walled city of Lahore and preservation of national heritage. He issued these directions w
Published 21 Dec, 2018 12:00am
IMS hosts Director of Culture of Russia

IMS hosts Director of Culture of Russia

IMSciences, Peshawar hosted the Director of Culture of Russian Federation, Andrey G Festyun on Thursday. He was welcomed by the Director of IMSciences, Dr Muhammad Mohsin Khan. Andrey addressed the students of IMSciences and talked about the prospects of
Published 21 Dec, 2018 12:00am
Siraj for across the board accountability

Siraj for across the board accountability

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that if a true accountability was held in the country, the assemblies would become empty and the jails would be overcrowded. Talking to the media, he said that the nation wanted to see the plunderers
Published 21 Dec, 2018 12:00am
Christmas Bazaars to be set up in Lahore

Christmas Bazaars to be set up in Lahore

The Punjab government will establish special Christmas Bazars in Lahore and other cities of Punjab. Senior Minister Abdul Aleem Khand said that he has directed district administration and local bodies department to immediately take steps in this regard an
Published 21 Dec, 2018 12:00am
TDAP director general visits HMEA office

TDAP director general visits HMEA office

Director General Trade Development Authority of Pakistan (TDAP) Qamar Zaman on Thursday visited Hosiery Manufacturers and Exporters Association officeto discuss different ways and means to enhance trade volume as well as to know the problems being faced b
Published 21 Dec, 2018 12:00am
Chinese Zhejiang university team visits UAF

Chinese Zhejiang university team visits UAF

A delegation from Zhejiang University, Hangzhou China visited the University of Agriculture Faisalabad and discussed the areas of the collaboration in agriculture sector. The team comprised Dr Lixi Jiang, Dr Imran, Dr Chaochao Gao and Dr Xin Zhang.
Published 21 Dec, 2018 12:00am
Lahore to have UAE consulate anytime soon: envoy

Lahore to have UAE consulate anytime soon: envoy

"The United Arab Emirates Consulate will start its operation in Lahore soon as Pakistan's Ministry of Foreign Affairs has issued no objection certificate for establishment of Consulate in the provincial metropolis".
Published 21 Dec, 2018 12:00am
PTCL upgrades Hyderabad, Qasimabad exchanges under NTP

PTCL upgrades Hyderabad, Qasimabad exchanges under NTP

PTCL has transformed major exchanges in Hyderabad including Qasimabad and City Hyderabad under its Network Transformation Project (NTP). NTP covers more than 100 exchanges across Pakistan. PTCL has already upgraded 53 exchanges in 12 cities including Fais
Published 21 Dec, 2018 12:00am
Use of narcotics: Murtaza slams Shehryar's statement

Use of narcotics: Murtaza slams Shehryar's statement

Advisor to Chief Minister Sindh on Information, Law and Anti-Corruption, Barrister Murtaza Wahab has slammed PM Imran Khan for his utterances exposing the country's short comings during his visits abroad.
Published 21 Dec, 2018 12:00am
Students visit KPT

Students visit KPT

The students of Habib Girl School, Karachi visited Karachi Port area with Harbour Cruise on Thursday. On this occasion students have shown interest and enjoyed. They sang songs to make the occasion colorful. Karachi Port Trust entertains youth and provide
Published 21 Dec, 2018 12:00am
US companies' team visits PPL

US companies' team visits PPL

A group of USA companies comprising of Alpha Petroleum Services of USA and withholding company RigMax, headed by their Chief Executive Officer, Truman Wright visited Pakistan Petroleum Limited (PPL) Office on Thursday to discuss the joint collaboration wi
Published 21 Dec, 2018 12:00am
Import of steel: AISMA wants an end to misuses of SROs

Import of steel: AISMA wants an end to misuses of SROs

Steel traders have urged the federal government for a mechanism to stop the misuses of SROs issued for import of steel. According to a letter written by All Iron Steel Merchants Association (AISMA) to minister finance, some Statutory Regulatory Order (SRO
Published 21 Dec, 2018 12:00am
Two police officers transferred

Two police officers transferred

Punjab Inspector General of Police (IGP) Amjad Javed Saleemi on Thursday issued transfer and posting orders of two senior police officers. According to details, the Punjab police's Counter Terrorism Department SSP Intelligence captain Syed Hammad Abid(ret
Published 21 Dec, 2018 12:00am
IT and Telecom sector to have a status of industry

IT and Telecom sector to have a status of industry

The Prime Minister Taskforce on Information Technology and Telecom on Thursday decided to declare IT and Telecom sector as industry and to adopt legal process in this regard soon. Federal Minister for Information Technology and Telecommunication Dr. Khali
Published 21 Dec, 2018 12:00am
No trust motion may be moved against PML-N-led AJK government

No trust motion may be moved against PML-N-led AJK government

A no confidence motion is likely to be moved against PML-N-led government of Azad Jammu Kashmir by Pakistan Tehreek-e-Insaf (PTI) along with forward block of politicians from other major political parties, Deputy Secretary Information PTI Chaudhry Hameed
Published 21 Dec, 2018 12:00am
Abidi granted post-arrest bail

Abidi granted post-arrest bail

The Islamabad High Court (IHC) on Thursday granted bail to ex-senator Faisal Raza Abidi in two cases related to defamation of Chief Justice of Pakistan Mian Saqib Nisar. A division bench of IHC comprising Chief Justice Athar Minallah and Justice Miangul H
Published 21 Dec, 2018 12:00am
Government, opposition to head NA's 20 panels each

Government, opposition to head NA's 20 panels each

The federal government and opposition reached a consensus on Thursday over distribution of standing committees' chairmanship just days after the PTI-led coalition government receded the chairmanship of crucial Public Accounts Committee (PAC) to Leader of
Published 21 Dec, 2018 12:00am
PTV corruption case: IHC reserves verdict on Dr Shahid's bail plea

PTV corruption case: IHC reserves verdict on Dr Shahid's bail plea

The Islamabad High Court (IHC) on Thursday reserved its verdict in a bail plea of anchorperson Dr Shahid Masood in Pakistan Television (PTV) corruption case. A single bench of IHC comprising Justice Mohsin Akhtar Kayani heard Dr Shahid petition moved thro
Published 21 Dec, 2018 12:00am
PPP, PML-N may launch movement against government

PPP, PML-N may launch movement against government

Pakistan People's Party's (PPP) lawmaker Khursheed Shah said on Thursday that his party along with the Pakistan Muslim League-Nawaz (PML-N) may launch a joint movement against the government in case of arrest of Asif Ali Zardari and Nawaz Sharif. Speaking
Published 21 Dec, 2018 12:00am
NAB seizes Rs 18.8 million from house of Saqlain Gillani

NAB seizes Rs 18.8 million from house of Saqlain Gillani

The National Accountability Bureau (NAB) Rawalpindi on Thursday claimed to have seized Rs 18.8 million cash from the house of a close relative of former Prime Minister Yousuf Raza Gilani. A team of the anti-graft watchdog raided the residence of a governm
Published 21 Dec, 2018 12:00am
MNAs call for creation of South Punjab province

MNAs call for creation of South Punjab province

The opposition as well as treasury members in National Assembly on Thursday called for creation of South Punjab province and restoration of provincial status for Bahawalpur. The major opposition parties, Pakistan Muslim League-Nawaz (PML-N) and Pakistan P
Published 21 Dec, 2018 12:00am
NIT expands its network
Mutual Funds

NIT expands its network

NIT, the first and the largest asset management company of Pakistan, with the objective of expanding its outreach to the investors, has established a new branch in Gujrat, increasing its branch network to 24 branches across 16 cities of Pakistan. The new
Published 21 Dec, 2018 12:00am
NIT expands its network
Mutual Funds

NIT expands its network

NIT, the first and the largest asset management company of Pakistan, with the objective of expanding its outreach to the investors, has established a new branch in Gujrat, increasing its branch network to 24 branches across 16 cities of Pakistan. The new
Published 21 Dec, 2018 12:00am
FO says outcry over China detention camps 'sensationalised'

FO says outcry over China detention camps 'sensationalised'

Pakistan on Thursday defended its close ally China against a growing outcry over Muslims who are being detained by Chinese authorities, saying the issue was being "sensationalised" by foreign media. "Some section of foreign media are trying to sensational
Published 21 Dec, 2018 12:00am
Country earned $113.198 billion forex through exports: NA told
Cotton

Country earned $113.198 billion forex through exports: NA told

The National Assembly was informed on Thursday that the country earned total $113.198 billion foreign exchange through exports during the last five years. The Ministry of Commerce and Textile, in written reply, told the House that the country earned $ 23.
Published 21 Dec, 2018 12:00am
British Airways' right decision

British Airways' right decision

It is quite heartening to note that British Airways has decided to resume its flight operations between London and Islamabad from June 2, 2019, after almost a decade when it suspended its operations in September 2008. It is also quite likely that many oth
Published 21 Dec, 2018 12:00am
Increasing remittances

Increasing remittances

A recent report by the World Bank (WB) had India recording a 22.5% increase in home remittances to US$ 80 billion in 2018, retaining its position as the world's top recipient of remittances for five years in a row. The last three years' surge carried remi
Published 21 Dec, 2018 12:00am
Time up for fiscal integration - I

Time up for fiscal integration - I

The biggest challenge faced by our tax system at national and provincial levels is perpetuation of a highly fragmented structure that is not only inefficient but also responsible for not achieving substantial improvement in World Bank's Ease of Doing Busi
Published 21 Dec, 2018 12:00am
Off to a good start, at last

Off to a good start, at last

When after months of scrapping, the opposition and government reached a compromise solution on the chairmanship of the National Assembly's influential Public Accounts Committee (PAC) that raised hopes in the same spirit the two sides would form the rest o
Published 21 Dec, 2018 12:00am
Incentive scheme for home remittances

Incentive scheme for home remittances

State Bank of Pakistan (SBP) seems to be making further efforts to increase the flow of home remittances in order to reduce the huge deficit in the external sector of the country. According to a circular issued by it on 17th December, 2018, in order to en
Published 21 Dec, 2018 12:00am
US envoy doubts Afghan Taliban's desire for peace

US envoy doubts Afghan Taliban's desire for peace

US peace envoy Zalmay Khalilzad raised doubts Thursday about the Taliban's desire to end the 17-year war, after the militants refused to meet with a Kabul-backed negotiating team. While he was certain the Afghan government wanted to stop the conflict, Kha
Published 21 Dec, 2018 12:00am
US envoy doubts Afghan Taliban's desire for peace

US envoy doubts Afghan Taliban's desire for peace

US peace envoy Zalmay Khalilzad raised doubts Thursday about the Taliban's desire to end the 17-year war, after the militants refused to meet with a Kabul-backed negotiating team. While he was certain the Afghan government wanted to stop the conflict, Kha
Published 21 Dec, 2018 12:00am
Afghan reconciliation process: Pakistan's role being acknowledged: FO

Afghan reconciliation process: Pakistan's role being acknowledged: FO

Pakistan has said that its role in Afghan reconciliation process is being acknowledged at all forums and expressed hope that US-Taliban talks will lead to a peaceful settlement of Afghan issue. This was stated by Foreign Office Spokesman Dr Muhammad Faisa
Published 21 Dec, 2018 12:00am
Afghan reconciliation process: Pakistan's role being acknowledged: FO

Afghan reconciliation process: Pakistan's role being acknowledged: FO

Pakistan has said that its role in Afghan reconciliation process is being acknowledged at all forums and expressed hope that US-Taliban talks will lead to a peaceful settlement of Afghan issue. This was stated by Foreign Office Spokesman Dr Muhammad Faisa
Published 21 Dec, 2018 12:00am
Forex reserves soar to $14.58 billion

Forex reserves soar to $14.58 billion

The country''s liquid foreign exchange reserves increased by $831 million during last week, mainly due to arrival of one billion dollars from Saudi Arabia. According to State Bank of Pakistan weekly report, total liquid forex reserves rose to $14.584 bill
Published 21 Dec, 2018 12:00am
Forex reserves soar to $14.58 billion

Forex reserves soar to $14.58 billion

The country's liquid foreign exchange reserves increased by $831 million during last week, mainly due to arrival of one billion dollars from Saudi Arabia. According to State Bank of Pakistan weekly report, total liquid forex reserves rose to $14.584 billi
Published 21 Dec, 2018 12:00am
Forex reserves soar to $14.58 billion

Forex reserves soar to $14.58 billion

The country's liquid foreign exchange reserves increased by $831 million during last week, mainly due to arrival of one billion dollars from Saudi Arabia. According to State Bank of Pakistan weekly report, total liquid forex reserves rose to $14.584 billi
Published 21 Dec, 2018 12:00am
Putin pushes economic growth at annual press conference

Putin pushes economic growth at annual press conference

President Vladimir Putin on Thursday said he would take Russia into "a new economic league," during an annual press conference that follows months of growing discontent at home. International tensions, from an ongoing stand-off with Ukraine to increasingl
Published 21 Dec, 2018 12:00am
Putin pushes economic growth at annual press conference

Putin pushes economic growth at annual press conference

President Vladimir Putin on Thursday said he would take Russia into "a new economic league," during an annual press conference that follows months of growing discontent at home. International tensions, from an ongoing stand-off with Ukraine to increasingl
Published 21 Dec, 2018 12:00am
US does not want to be 'policeman of the Middle East': Trump

US does not want to be 'policeman of the Middle East': Trump

The United States does not want to be the "Policeman" of the Middle East, US President Donald Trump tweeted Thursday, as he defended his controversial decision to pull US forces out of Syria. "Does the USA want to be the Policeman of the Middle East, gett
Published 21 Dec, 2018 12:00am
US does not want to be 'policeman of the Middle East': Trump

US does not want to be 'policeman of the Middle East': Trump

The United States does not want to be the "Policeman" of the Middle East, US President Donald Trump tweeted Thursday, as he defended his controversial decision to pull US forces out of Syria. "Does the USA want to be the Policeman of the Middle East, gett
Published 21 Dec, 2018 12:00am
IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX
Cotton

IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX

As many as three new companies were listed (other than Modarabas) on Pakistan Stock Exchange (PSX) during the year 2018. The new entrants raised Rs 4.3 billion cumulatively during 2018, which was 49 percent lower than the amount of Rs 8.5 billion raised i
Published 21 Dec, 2018 12:00am
IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX
Cotton

IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX

As many as three new companies were listed (other than Modarabas) on Pakistan Stock Exchange (PSX) during the year 2018. The new entrants raised Rs 4.3 billion cumulatively during 2018, which was 49 percent lower than the amount of Rs 8.5 billion raised i
Published 21 Dec, 2018 12:00am
IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX
Cotton

IPOs in 2018: three new entrants raised Rs 4.3 billion at PSX

As many as three new companies were listed (other than Modarabas) on Pakistan Stock Exchange (PSX) during the year 2018. The new entrants raised Rs 4.3 billion cumulatively during 2018, which was 49 percent lower than the amount of Rs 8.5 billion raised i
Published 21 Dec, 2018 12:00am
Turkish Defence Minister meets CoAS

Turkish Defence Minister meets CoAS

Minister of National Defence of the Republic of Turkey General Hulusi Akar (Retd) called on Chief of Army Staff (CoAS) General Qamar Javed Bajwa at GHQ, on Thursday. In a statement issued by the Inter-Services Public Relations (ISPR), matters pertaining t
Published 21 Dec, 2018 12:00am
Turkish Defence Minister meets CoAS

Turkish Defence Minister meets CoAS

Minister of National Defence of the Republic of Turkey General Hulusi Akar (Retd) called on Chief of Army Staff (CoAS) General Qamar Javed Bajwa at GHQ, on Thursday. In a statement issued by the Inter-Services Public Relations (ISPR), matters pertaining t
Published 21 Dec, 2018 12:00am
Justice Atir refuses to hear petition against basant

Justice Atir refuses to hear petition against basant

Justice Atir Mahmood of the Lahore High Court on Thursday refused to hear a petition against the provincial government's decision to celebrate basant and sent it to the chief justice for hearing of the same before some other bench. Justice Atir Mahmood re
Published 21 Dec, 2018 12:00am
'Pakistan lacks clear foreign policy'

'Pakistan lacks clear foreign policy'

Pakistan lacks a clear foreign policy which is a major issue and core to numerous problems the country facing at present. This was the crux of the Senate Forum for Policy Research (SFPR) which met here under the chairmanship of former Senator Col Tahir Hu
Published 21 Dec, 2018 12:00am
WWF signs MoU with SEPA

WWF signs MoU with SEPA

To conduct the profiling of textile and leather industries in Karachi and digitize their data, World Wide Fund for Nature-Pakistan (WWF-Pakistan) and Sindh Environmental Protection Agency (SEPA) signed a memorandum of understanding (MoU) on Thursday. The
Published 21 Dec, 2018 12:00am
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