News Archives for Print - 2019-01-01

CM condoles death of Saleem Akhtar

Punjab Chief Minister Sardar Usman Buzdar has condoled the death of Dr Saleem Akhtar, a famous writer and critic. In a condolences message, the Chief Minister has paid tributes to the literary services of Dr Saleem Akhtar saying that he was a writer and c

Published 01 Jan, 2019 12:00am

NAB gets four-day transit remand of Khwaja Saad

The National Accountability Bureau (NAB) on Monday obtained a four-day transit remand of former railways minister Khwaja Saad Rafiq enabling him to attend a meeting of standing committee on law and justice. A NAB investigating officer contended in the app

Published 01 Jan, 2019 12:00am

2019 will bring real change, prosperity in country: minister

Punjab Senior Minister Abdul Aleem Khan has said that 2018 was the year of shunting out corrupt leaders while 2019 will bring a real change and prosperity in the country. He expressed these views during his visit to Punjab Institute of Cardiology here on

Published 01 Jan, 2019 12:00am

Maryam meets Nawaz in Kot Lakhpat Jail

PML-N leader Maryam Nawaz Monday met her father, Nawaz Sharif, in Kot Lakhpat Jail and discussed important issues. Sources said that the meeting between the two lasted for more than an hour. Both also had breakfast together at the prison.

Published 01 Jan, 2019 12:00am

WCLA completes several conservation projects in 2018

The Walled City of Lahore Authority (WCLA) completed several conservation projects in the 2018 whereas more tourism activities were launched in the same year.

Published 01 Jan, 2019 12:00am

Economic scope of 'One Belt, One Road' project highlighted

The "One Belt, One Road" (OBOR) initiative of China would play a momentous role in creating a new world order based upon equality and openness towards the economic opportunities existing on the globe. Pakistan China Joint Chamber of Commerce and Industry

Published 01 Jan, 2019 12:00am

Vivo launches Y91 smartphone

Continuing its tradition to bring latest flagship features at an affordable price, Vivo has launched a budget smartphone Y91 in Pakistan. This mid-range device is a new addition to the popular, youth-oriented Y series which comes with 64GB ROM and a massi

Published 01 Jan, 2019 12:00am

Partly Facetious: Different meanings of shaba

"What's the difference between a leader and a follower?"

Published 01 Jan, 2019 12:00am

LCCI for immediate patchwork of damaged roads

The Lahore Chamber of Commerce and Industry (LCCI) has urged Punjab Chief Minister Sardar Usman Buzdar to take notice of the deteriorating conditions of the various city roads. The LCCI acting president Khawaja Shahzad Nasir on Monday said that damaged ro

Published 01 Jan, 2019 12:00am

Fawad Chaudhry's Karachi visit postponed

Information Minister Fawad Chaudhry's visit to Karachi has been postponed, the Press Information Department said in a statement on Monday.

Published 01 Jan, 2019 12:00am

Poisonous food: CM takes notice of child's death

Sindh Chief Minister Syed Murad Ali Shah has taken serious notice of the death of a child reportedly after consuming poisonous chips and juice and directed the Commissioner of Hyderabad to inquire into the matter and submit a report to him.

Published 01 Jan, 2019 12:00am

Provincial Motor Vehicles Act (Amendments): motorists to be fined Rs 600 for not giving way to ambulances

Recent amendments to the Provincial Motor Vehicles Act makes it mandatory for all motorists to give way to ambulances and other emergency vehicles, failing which the offenders are liable to pay a fine.

Published 01 Jan, 2019 12:00am

JIT report: adviser rebuffs against rules PTI adjournment motion

Sindh Chief Minister's Adviser on Law, Barrister Murtaza Wahab, played down the PTI MPA's draft adjournment mention, citing that any matter sub judice to the courts cannot be discussed in the Assembly according to the rules and regulations of the provinci

Published 01 Jan, 2019 12:00am

PTI government to be sent home if Zardari nods: Bilawal

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari has asserted his party can show PTI-led government the door within seconds if Asif Ali Zardari nods.

Published 01 Jan, 2019 12:00am

Eight-member team of Hengtong Group meets governor

An 8-member delegation comprising five representatives of Hengtong Group and three representatives of Cyber Internet Services, called on Governor Sindh Imran Ismail at Governor's House on Monday. Hengtong Group is a leading Chinese company specializing in

Published 01 Jan, 2019 12:00am

Gas supply issues to industry need urgent resolution: KATI

President of Korangi Association of Trade & Industry (KATI), Danish Khan has said that there is an urgent need to resolve gas supply issues to the industry, especially industry in Karachi having a big setback after gas load shedding and low pressure.

Published 01 Jan, 2019 12:00am

PTI to support nationalists' drive against corruption: Haleem

General Secretary of Pakistan Tehreek-e-Insaf (PTI) Sindh chapter and parliamentary leader in Sindh Assembly Haleem Adil Sheikh has said that the nationalists of Sindh are ready to wage a joint war against rampant corruption in the province and the PTI fu

Published 01 Jan, 2019 12:00am

Huawei launches flagship store at Lucky One Mall

Huawei is ending the year 2018 on a high with the opening of it's first-ever Huawei Experience Store in Pakistan. The store, located at Lucky One Mall, Karachi is the largest store of its kind - designed to give a complete flagship Huawei experience. It h

Published 01 Jan, 2019 12:00am

Textile sector: Government urged to pay pending refunds 'at once'

Pakistan Apparel Forum (PAF) on Monday asked the federal government to pay long-running refunds amounting Rs 127 billion to the textile sector at once to end the industry's financial crisis to augment production. PAF Chairman Javed Bilwani said this at a

Published 01 Jan, 2019 12:00am

Public sector entities: PAC constitutes two subcommittees on corruption

The Public Accounts Committee (PAC) of the Parliament has constituted two subcommittees to look into the matters of massive corruption and improvement in internal controls of various public sector entities. The PAC meeting, which was held here on Monday u

Published 01 Jan, 2019 12:00am

Currency

Machine authenticated Rs 50 banknote: SBP extends deadline for issuance

The State Bank of Pakistan (SBP) has extended deadline for issuance of machine authenticated Rs 50 banknotes. According to SBP, considering the difficulties faced by banks in processing lower denomination banknotes under the Currency Management Strategy (

Published 01 Jan, 2019 12:00am

MCC Gwadar surpasses custom duty target by 146 percent

Model Customs Collectorate (MCC) Gwadar has surpassed its custom duty target by 146 percent during the 1st half of current financial year. According to details, the Collectorate during first six months collected Rs 6465 million as custom duty against the

Published 01 Jan, 2019 12:00am

Foreign investment: PBIF urges commercial attachés to prepare strategy

President of Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has emphasized that the commercial attachés chalk out an effective strategy to impress the foreign investors, assuring them that Pakistan is a real paradise for investor

Published 01 Jan, 2019 12:00am

Patrind hydropower project: Government unable to transmit power due to NTDC inability

The government has been unable to transmit full electricity production of 147MW Patrind hydropower project on account of failure of National Transmission & Dispatch Company (NTDC) to complete the transmission line, incurring billions of rupees losses to t

Published 01 Jan, 2019 12:00am

Badiuddin takes charge as CEO of CDC

Badiuddin Akber took charge as the CEO of the Central Depository Company of Pakistan Limited (CDC) subsequent to formal approval by the Securities and Exchange Commission of Pakistan (SECP).

Published 01 Jan, 2019 12:00am

Shahbaz's appointment as PAC chairman: IHC reserves verdict over Maintainability

The Islamabad High Court Monday reserved its verdict over maintainability of a petition challenging the appointment of Leader of the Opposition Shahbaz Sharif as chairman of Public Accounts Committee (PAC). A division bench (DB) of IHC comprising Chief Ju

Published 01 Jan, 2019 12:00am

SC issues notices to Asghar Khan's family

The Supreme Court on Monday issued notice to the family of (late) Asghar Khan as the Federal Investigation Agency (FIA) has recommended closing Asghar Khan case. A two-judge bench headed by Chief Justice Mian Saqib Nisar heard the case. Air Marshal Asghar

Published 01 Jan, 2019 12:00am

NAB initiates probe into 'Arfa Karim Tower' project

The National Accountability Bureau (NAB) has initiated inquiry against irregularities in construction of Arfa Karim Tower, said sources. The tower was constructed during tenure of the PML-N government. According to the sources, the Chairman Punjab Board o

Published 01 Jan, 2019 12:00am

NAB Law: draft bill of proposed amendments may be presented in NA

A draft bill of proposed amendments to existing law of National Accountability Bureau (NAB) is likely to be presented in the upcoming session of the National Assembly, it is learnt. According to sources, the Pakistan Tehreek-e-Insaf (PTI) government and o

Published 01 Jan, 2019 12:00am

SCA rejects change of 'Sin-Tax' name

Senior Vice President of Sarhad Chamber of Agriculture (SCA) Fazal-e-Elahi has rejected Health Ministry's decision of merely changing the name of 'Sin Tax' to 'Health Tax', has declared that the tax-authorities are playing a cruel joke with the farmers.

Published 01 Jan, 2019 12:00am

Tax exemptions in erstwhile Pata to continue: KP CM

KP Chief Minister Mahmood Khan has said that exemption from taxes in the erstwhile Provincially Administered Tribal Areas (PATA) of the Malakand region extended by the Federal Government will continue. The previous laws will also continue to be in vogue.

Published 01 Jan, 2019 12:00am

Hepatitis, Tuberculosis and AIDS: Senate body raises concerns over spread of diseases in Balochistan

Senate functional committee on problems of less developed areas on Monday expressed concern over spread of hepatitis, tuberculosis and AIDS in Balochistan and tribal districts of the country. A meeting of the committee was held here in the Parliament Hous

Published 01 Jan, 2019 12:00am

Fawad demands Murad's resignation on ethical ground

Federal Information Minister Fawad Chaudhry has demanded Chief Minister Sindh Syed Murad Ali Shah's resignation on ethical ground since he is facing serious allegations of corruption. In a media briefing on Monday, the information minister said that the g

Published 01 Jan, 2019 12:00am

AJK to establish three tourism corridors across state

The government of Azad Jammu and Kashmir (AJK) will establish three tourism corridors across the state for attracting local as well as foreign tourists to promote and develop the local tourism industry.

Published 01 Jan, 2019 12:00am

MQM-P concerned over gas crisis

Member National Assembly of Muttahida Quomi Movement (Pakistan) from Hyderabad Sabir Kaimkhani has expressed a grave concern over gas load management in Hyderabad, adding that the situation not only brought the civic life miserable but also affecting the

Published 01 Jan, 2019 12:00am

'Returning to Quaid's vision?'

This is apropos a Business Recorder editorial "Returning to Quaid's vision?" carried by the newspaper on Saturday. The newspaper has argued, among other things, "Then there are thousands of madressahs that sprouted all over the country under the Zi

Published 01 Jan, 2019 12:00am

GE drags premier US corporate debt, which posts worst year since 2008

The stock market's gyrations have grabbed the year-end headlines, but another key financial market, investment-grade US corporate debt, is turning in its worst yearly performance since the financial crisis a decade ago.

Published 01 Jan, 2019 12:00am

One-party rule or civilian martial law?

The slugfest between the PTI government and the opposition, particularly the two largest opposition parties, the PML-N and PPP, is intensifying. The Sharif brothers are cooling their heels in jail while the leadership of the PPP, including Asif Zardari, B

Published 01 Jan, 2019 12:00am

Reducing the primary deficit

Reports on the on-going negotiations between the Ministry of Finance (MOF) and the IMF reveal that among the many steps and reforms being discussed a heavy emphasis is being placed by the IMF on improvement in the state of public finances of the country.

Published 01 Jan, 2019 12:00am

The ECL war

The PTI government's move to place the top leadership of the PPP and their collaborators in the alleged fake bank accounts and corruption cases on the Exit Control List (ECL), including among the 172 names that of Sindh Chief Minister Murad Ali Shah, seem

Updated 27 Jul, 2019 09:00am

Adding transparency to CPEC deals

The Chinese Embassy has taken the unprecedented step to announce the exact terms and conditions of loans/investments under the China Pakistan Economic Corridor (CPEC). This was no doubt partly to offset concerns from the Trump administration echoed by the

Updated 27 Jul, 2019 09:00am

LHC Chief Justice retires

Lahore High Court Chief Justice Muhammad Anwarul Haq retired on Monday after serving the judiciary for eight years. Justice Sardar Muhammad Shamim Ahmad Khan will take oath as Chief Justice LHC on Tuesday (today).

Published 01 Jan, 2019 12:00am

LHC Chief Justice retires

Lahore High Court Chief Justice Muhammad Anwarul Haq retired on Monday after serving the judiciary for eight years. Justice Sardar Muhammad Shamim Ahmad Khan will take oath as Chief Justice LHC on Tuesday (today).

Published 01 Jan, 2019 12:00am

New Pakistan Housing Project: PM for speeding up process

Prime Minister Imran Khan on Monday called for further speeding up the process of New Pakistan Housing Project so that implementation work on the project could be started earlier. He also directed the provincial governments to dispose of the pending legal

Published 01 Jan, 2019 12:00am

New Pakistan Housing Project: PM for speeding up process

Prime Minister Imran Khan on Monday called for further speeding up the process of New Pakistan Housing Project so that implementation work on the project could be started earlier. He also directed the provincial governments to dispose of the pending legal

Published 01 Jan, 2019 12:00am

New Pakistan Housing Project: PM for speeding up process

Prime Minister Imran Khan on Monday called for further speeding up the process of New Pakistan Housing Project so that implementation work on the project could be started earlier. He also directed the provincial governments to dispose of the pending legal

Published 01 Jan, 2019 12:00am

What is ''actually'' behind urea price rise?

The federal government is abuzz with "inside" information that the domestic fertilizer industry is involved in urea stocking due to which price of commodity is showing a continuous upward trend, well-informed sources told Business Recorder. However

Published 01 Jan, 2019 12:00am

What is 'actually' behind urea price rise?

The federal government is abuzz with "inside" information that the domestic fertilizer industry is involved in urea stocking due to which price of commodity is showing a continuous upward trend, well-informed sources told Business Recorder. However

Published 01 Jan, 2019 12:00am

What is 'actually' behind urea price rise?

The federal government is abuzz with "inside" information that the domestic fertilizer industry is involved in urea stocking due to which price of commodity is showing a continuous upward trend, well-informed sources told Business Recorder. However

Published 01 Jan, 2019 12:00am

July-December: Rs 170 billion shortfall in collection

Federal Board of Revenue (FBR) has provisionally collected net revenue of over and above Rs 1,779 billion during first half (July-December) 2018-19 against target of Rs 1,949 billion, reflecting a shortfall of Rs 170 billion. The FBR has collected Rs 405

Published 01 Jan, 2019 12:00am

July-December: Rs 170 billion shortfall in collection

Federal Board of Revenue (FBR) has provisionally collected net revenue of over and above Rs 1,779 billion during first half (July-December) 2018-19 against target of Rs 1,949 billion, reflecting a shortfall of Rs 170 billion. The FBR has collected Rs 405

Published 01 Jan, 2019 12:00am

July-December: Rs 170 billion shortfall in collection

Federal Board of Revenue (FBR) has provisionally collected net revenue of over and above Rs 1,779 billion during first half (July-December) 2018-19 against target of Rs 1,949 billion, reflecting a shortfall of Rs 170 billion. The FBR has collected Rs 405

Published 01 Jan, 2019 12:00am

LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

Date extended

The Federal Board of Revenue (FBR) has extended date for filing of revised statements for tax year 2018 to January 31st, 2019, according to a circular issued by the FBR on Monday.

Published 01 Jan, 2019 12:00am

Date extended

The Federal Board of Revenue (FBR) has extended date for filing of revised statements for tax year 2018 to January 31st, 2019, according to a circular issued by the FBR on Monday.

Published 01 Jan, 2019 12:00am

Date extended

The Federal Board of Revenue (FBR) has extended date for filing of revised statements for tax year 2018 to January 31st, 2019, according to a circular issued by the FBR on Monday.

Published 01 Jan, 2019 12:00am

Flagship reference: Court explains why Nawaz given 'benefit of doubt'

An accountability court in its detailed verdict on Monday declared that former Prime Minister Nawaz Sharif was given the "benefit of doubt" in Flagship Investment corruption reference over lack of evidence.

Published 01 Jan, 2019 12:00am

Flagship reference: Court explains why Nawaz given 'benefit of doubt'

An accountability court in its detailed verdict on Monday declared that former Prime Minister Nawaz Sharif was given the "benefit of doubt" in Flagship Investment corruption reference over lack of evidence.

Published 01 Jan, 2019 12:00am

Government fails to notify separation of FBR tasks

The government has failed to notify the separation of tax policy and tax administration from the Federal Board of Revenue (FBR) even one month after its approval from the Cabinet. The Cabinet on November 29 approved separation of tax policy from revenue a

Published 01 Jan, 2019 12:00am

Government fails to notify separation of FBR tasks

The government has failed to notify the separation of tax policy and tax administration from the Federal Board of Revenue (FBR) even one month after its approval from the Cabinet. The Cabinet on November 29 approved separation of tax policy from revenue a

Published 01 Jan, 2019 12:00am

Government fails to notify separation of FBR tasks

The government has failed to notify the separation of tax policy and tax administration from the Federal Board of Revenue (FBR) even one month after its approval from the Cabinet. The Cabinet on November 29 approved separation of tax policy from revenue a

Published 01 Jan, 2019 12:00am

Umar reviews progress of work on economic zones

Minister for Finance Asad Umar chaired a meeting here on Monday to review the progress of work on different economic zones in the country. Minister for Planning, Development and Reform Makhdoom Khusro Bakhtyar was also present on the occasion. The meeting

Published 01 Jan, 2019 12:00am

Umar reviews progress of work on economic zones

Minister for Finance Asad Umar chaired a meeting here on Monday to review the progress of work on different economic zones in the country. Minister for Planning, Development and Reform Makhdoom Khusro Bakhtyar was also present on the occasion. The meeting

Published 01 Jan, 2019 12:00am

Umar reviews progress of work on economic zones

Minister for Finance Asad Umar chaired a meeting here on Monday to review the progress of work on different economic zones in the country. Minister for Planning, Development and Reform Makhdoom Khusro Bakhtyar was also present on the occasion. The meeting

Published 01 Jan, 2019 12:00am

POL prices reduced

The federal government Monday reduced the prices of all petroleum products to pass on some benefit of lower international prices to consumers. On the recommendations of the Oil and Gas Regulatory Authority (Ogra), Prime Minister Imran Khan approved some c

Published 01 Jan, 2019 12:00am

POL prices reduced

The federal government Monday reduced the prices of all petroleum products to pass on some benefit of lower international prices to consumers. On the recommendations of the Oil and Gas Regulatory Authority (Ogra), Prime Minister Imran Khan approved some c

Published 01 Jan, 2019 12:00am

POL prices reduced

The federal government Monday reduced the prices of all petroleum products to pass on some benefit of lower international prices to consumers. On the recommendations of the Oil and Gas Regulatory Authority (Ogra), Prime Minister Imran Khan approved some c

Published 01 Jan, 2019 12:00am

Democrat Warren takes step to challenge Trump in 2020

US Senator Elizabeth Warren, a liberal firebrand who has taken on Wall Street and traded barbs with Donald Trump, on Monday became the most prominent Democrat to announce a challenge to the Republican president in 2020. Warren said she had formed an explo

Published 01 Jan, 2019 12:00am

Hunt for dozens missing in deadly Russia high-rise blast

Rescuers hunted for survivors on Monday after a gas explosion tore through a high-rise residential building in central Russia, killing at least four people and leaving dozens unaccounted for. A large section of the building collapsed after the explosion a

Published 01 Jan, 2019 12:00am

HR violations by Indian forces: Lord Nazir urges government to effectively internationalise IHK issue

British parliamentarian Lord Nazir Ahmed Monday urged the federal government to appoint a minister dedicated to highlighting the Kashmir issue for sensitising the international community on human rights violations by Indian forces in the occupied Jammu an

Published 01 Jan, 2019 12:00am

Bid to dislodge Sindh government will prove Waterloo: Baloch

Secretary General, Jamaat e Islami, Liaqat Baloch, has said that the federal government attempt to dislodge the Sindh government through state power and undemocratic means would prove Waterloo for the entire system.

Published 01 Jan, 2019 12:00am

PTCL injects Rs 4 billion in U Microfinance Bank for growth

Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for PKR 4 billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U Microfinance Bank (U Bank), which is a wholly owned subsidiary of the PTCL.

Published 01 Jan, 2019 12:00am

Sudan riot police stop march on presidential palace

Sudanese riot police fired tear gas at demonstrators in the capital Khartoum on Monday, dispersing protesters who had planned to march on the presidential palace following deadly anti-government rallies. Crowds of men and women chanting "freedom, peace an

Published 01 Jan, 2019 12:00am

Review your ECL, SC tells government

The Supreme Court on Monday directed the federal cabinet to review its decision of placing 172 persons' names on the Exit Control List (ECL), which have been mentioned in the joint investigation team (JIT) report on fake accounts. The Chief Justice inquir

Published 01 Jan, 2019 12:00am

Review your ECL, SC tells government

The Supreme Court on Monday directed the federal cabinet to review its decision of placing 172 persons' names on the Exit Control List (ECL), which have been mentioned in the joint investigation team (JIT) report on fake accounts. The Chief Justice inquir

Published 01 Jan, 2019 12:00am

Ninth NFC Award: MoF likely to propose creation of ''special pool''

Finance Ministry may propose the creation of a ''special pool'' in the 9th NFC Award to resolve the fiscal imbalance created under the 18th Constitutional Amendment and the 7th NFC Award. Sources in the finance ministry said that transfer of a significant

Published 01 Jan, 2019 12:00am

Ninth NFC Award: MoF likely to propose creation of 'special pool'

Finance Ministry may propose the creation of a 'special pool' in the 9th NFC Award to resolve the fiscal imbalance created under the 18th Constitutional Amendment and the 7th NFC Award. Sources in the finance ministry said that transfer of a significant a

Published 01 Jan, 2019 12:00am

Ninth NFC Award: MoF likely to propose creation of 'special pool'

Finance Ministry may propose the creation of a 'special pool' in the 9th NFC Award to resolve the fiscal imbalance created under the 18th Constitutional Amendment and the 7th NFC Award. Sources in the finance ministry said that transfer of a significant a

Published 01 Jan, 2019 12:00am

BRIndex100 tumbles

Pakistan Stock Exchange Monday ended on a negative note on the last day of the CY18 as selling continued in various sectors. BRIndex100 lost 21.0 points or 0.55 percent to close at 3,830.48 points. BRIndex-100 touched intraday high of 3,866.43 and intrada

Published 01 Jan, 2019 12:00am

BRIndex100 tumbles

Pakistan Stock Exchange Monday ended on a negative note on the last day of the CY18 as selling continued in various sectors. BRIndex100 lost 21.0 points or 0.55 percent to close at 3,830.48 points. BRIndex-100 touched intraday high of 3,866.43 and intrada

Published 01 Jan, 2019 12:00am

BRIndex100 tumbles

Pakistan Stock Exchange Monday ended on a negative note on the last day of the CY18 as selling continued in various sectors. BRIndex100 lost 21.0 points or 0.55 percent to close at 3,830.48 points. BRIndex-100 touched intraday high of 3,866.43 and intrada

Published 01 Jan, 2019 12:00am

March-April: PLL invites bids from international suppliers for five LNG cargoes'' supply

Pakistan LNG Limited (PLL) has invited bids from international suppliers for the supply of five LNG cargoes for March-April on a delivered ex-ship (DES) basis at Port Qasim Karachi. The first delivery window is from March 3-4, the second from March 17-18,

Published 01 Jan, 2019 12:00am

March-April: PLL invites bids from international suppliers for five LNG cargoes' supply

Pakistan LNG Limited (PLL) has invited bids from international suppliers for the supply of five LNG cargoes for March-April on a delivered ex-ship (DES) basis at Port Qasim Karachi. The first delivery window is from March 3-4, the second from March 17-18,

Published 01 Jan, 2019 12:00am

March-April: PLL invites bids from international suppliers for five LNG cargoes' supply

Pakistan LNG Limited (PLL) has invited bids from international suppliers for the supply of five LNG cargoes for March-April on a delivered ex-ship (DES) basis at Port Qasim Karachi. The first delivery window is from March 3-4, the second from March 17-18,

Published 01 Jan, 2019 12:00am

POL products deal with Azerbaijan: Ministry seeks exemption from PPRA rules

Petroleum and Natural Resources Division has sought exemption from PPRA Rules for petroleum products deal with Azerbaijan on Government-to-Government basis, initiated by the PML(N) government, official sources told Business Recorder. Petroleum Divi

Published 01 Jan, 2019 12:00am

POL products deal with Azerbaijan: Ministry seeks exemption from PPRA rules

Petroleum and Natural Resources Division has sought exemption from PPRA Rules for petroleum products deal with Azerbaijan on Government-to-Government basis, initiated by the PML(N) government, official sources told Business Recorder. Petroleum Divi

Published 01 Jan, 2019 12:00am

POL products deal with Azerbaijan: Ministry seeks exemption from PPRA rules

Petroleum and Natural Resources Division has sought exemption from PPRA Rules for petroleum products deal with Azerbaijan on Government-to-Government basis, initiated by the PML(N) government, official sources told Business Recorder. Petroleum Divi

Published 01 Jan, 2019 12:00am

Modalities for export of wheat/wheat products: ECC likely to accord approval

The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Tuesday (today) with Finance Minister Asad Umar in the chair is likely to approve modalities of Ministry of National Food Security and Research for export of 0.5 millio

Published 01 Jan, 2019 12:00am

Modalities for export of wheat/wheat products: ECC likely to accord approval

The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Tuesday (today) with Finance Minister Asad Umar in the chair is likely to approve modalities of Ministry of National Food Security and Research for export of 0.5 millio

Published 01 Jan, 2019 12:00am

Modalities for export of wheat/wheat products: ECC likely to accord approval

The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Tuesday (today) with Finance Minister Asad Umar in the chair is likely to approve modalities of Ministry of National Food Security and Research for export of 0.5 millio

Published 01 Jan, 2019 12:00am

Indian troops kill woman, wound nine in AJK

Indian troops fired at Pakistani forces across the two countries' line of control on Monday, killing a woman and wounding nine civilians, Pakistani officials and the military said. Among the wounded were two women and three children. The military said Pak

Published 01 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (December 31, 2018).

Published 01 Jan, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (December 31, 2018).

Published 01 Jan, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (December 31, 2018).

Published 01 Jan, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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