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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-29
Budget FY 2019-20: all taxes to be clubbed into one tax: Umar
Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta
Published 29 Jan, 2019 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 29 Jan, 2019 12:00am
Pakistan, Iran to hold talks on FTA next month

Pakistan, Iran to hold talks on FTA next month

Iran and Pakistan will hold further talks on Free Trade Agreement (FTA) during second week of February 2019 focusing on finding out ways to resolve banking channel issues that are the main hurdle in bilateral trade, well informed sources told Business
Published 29 Jan, 2019 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Jan, 2019 12:00am
Pakistan, Iran to hold talks on FTA next month

Pakistan, Iran to hold talks on FTA next month

Iran and Pakistan will hold further talks on Free Trade Agreement (FTA) during second week of February 2019 focusing on finding out ways to resolve banking channel issues that are the main hurdle in bilateral trade, well informed sources told Business
Published 29 Jan, 2019 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Jan, 2019 12:00am
Pakistan, Iran to hold talks on FTA next month

Pakistan, Iran to hold talks on FTA next month

Iran and Pakistan will hold further talks on Free Trade Agreement (FTA) during second week of February 2019 focusing on finding out ways to resolve banking channel issues that are the main hurdle in bilateral trade, well informed sources told Business
Published 29 Jan, 2019 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 29 Jan, 2019 12:00am
US committed to pulling foreign forces: official

US committed to pulling foreign forces: official

A senior US government official, speaking after six days of US peace talks with Afghan Taliban militants, said on Monday that Washington was committed to withdrawing foreign forces from Afghanistan to end more than 17 years of war.
Published 29 Jan, 2019 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Jan, 2019 12:00am
US committed to pulling foreign forces: official

US committed to pulling foreign forces: official

A senior US government official, speaking after six days of US peace talks with Afghan Taliban militants, said on Monday that Washington was committed to withdrawing foreign forces from Afghanistan to end more than 17 years of war.
Published 29 Jan, 2019 12:00am
Ghani assures Afghans as US envoy reports progress

Ghani assures Afghans as US envoy reports progress

The Afghan president on Monday assured his people that their rights will not be compromised in the name of peace with the Taliban, days after the US envoy tasked with resolving America's longest war reported significant progress in talks with the insurgen
Published 29 Jan, 2019 12:00am
Ghani assures Afghans as US envoy reports progress

Ghani assures Afghans as US envoy reports progress

The Afghan president on Monday assured his people that their rights will not be compromised in the name of peace with the Taliban, days after the US envoy tasked with resolving America's longest war reported significant progress in talks with the insurgen
Published 29 Jan, 2019 12:00am
US told to review its policy, Qureshi tells Senate body

US told to review its policy, Qureshi tells Senate body

Foreign Minister Shah Mehmood Qureshi on Monday said that the United States has been conveyed to review its policy towards Pakistan in the wake of the country's positive role in bringing Taliban and the US to the negotiation table to resolve the Afghan co
Published 29 Jan, 2019 12:00am
US told to review its policy, Qureshi tells Senate body

US told to review its policy, Qureshi tells Senate body

Foreign Minister Shah Mehmood Qureshi on Monday said that the United States has been conveyed to review its policy towards Pakistan in the wake of the country's positive role in bringing Taliban and the US to the negotiation table to resolve the Afghan co
Published 29 Jan, 2019 12:00am
CPEC debt concerns to recede: Fitch Solutions

CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am
CPEC debt concerns to recede: Fitch Solutions

CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
CPEC debt concerns to recede: Fitch Solutions

CPEC debt concerns to recede: Fitch Solutions

Debt concerns relating to the China-Pakistan Economic Corridor (CPEC) projects will begin to recede on the back of improving transparency while political risks have been diminished, says Fitch Solutions.
Published 29 Jan, 2019 12:00am
ECB's Draghi warns that uncertainty is weighing on sentiment

ECB's Draghi warns that uncertainty is weighing on sentiment

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday, repeating the bank's recent warnings about growth.
Published 29 Jan, 2019 12:00am
ECB's Draghi warns that uncertainty is weighing on sentiment

ECB's Draghi warns that uncertainty is weighing on sentiment

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday, repeating the bank's recent warnings about growth.
Published 29 Jan, 2019 12:00am
ECB''s Draghi warns that uncertainty is weighing on sentiment

ECB''s Draghi warns that uncertainty is weighing on sentiment

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday, repeating the bank''s recent warnings about growth.
Published 29 Jan, 2019 12:00am
THE RUPEE: slight changes
Currency

THE RUPEE: slight changes

The rupee showed slight changes against the dollar on the money market on Monday in the process of trading activity, dealers said. The rupee inched up by one paisa in terms of the dollar for buying at Rs 138.74 and it also gained two paisas for selling at
Published 29 Jan, 2019 12:00am
Assignment Accounts: procedure for operation revised
Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go
Published 29 Jan, 2019 12:00am
THE RUPEE: slight changes
Currency

THE RUPEE: slight changes

The rupee showed slight changes against the dollar on the money market on Monday in the process of trading activity, dealers said. The rupee inched up by one paisa in terms of the dollar for buying at Rs 138.74 and it also gained two paisas for selling at
Published 29 Jan, 2019 12:00am
Assignment Accounts: procedure for operation revised
Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go
Published 29 Jan, 2019 12:00am
Assignment Accounts: procedure for operation revised
Currency

Assignment Accounts: procedure for operation revised

The federal government has revised procedure for operation of Assignment Accounts with discontinuation of special drawing accounts (SDAs), personal ledger accounts (PLAs) and revolving fund accounts (RFA) in local currency by the federal and provincial go
Published 29 Jan, 2019 12:00am
Setting up of OMCs: Petroleum Division revising criteria

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.
Published 29 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am
Setting up of OMCs: Petroleum Division revising criteria

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.
Published 29 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 28, 2019).

Published 29 Jan, 2019 12:00am
Setting up of OMCs: Petroleum Division revising criteria

Setting up of OMCs: Petroleum Division revising criteria

The Ministry of Energy (Petroleum Division) is in a process of revising the criteria for establishment of Oil Marketing Companies (OMCs) for which a draft summary has been forwarded to the concerned organisations.
Published 29 Jan, 2019 12:00am
BRIndex100 edges up

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin
Published 29 Jan, 2019 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 (January 28, 2019).

Published 29 Jan, 2019 12:00am
BRIndex100 edges up

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin
Published 29 Jan, 2019 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 (January 28, 2019).

Published 29 Jan, 2019 12:00am
BRIndex100 edges up

BRIndex100 edges up

Pakistan Stock Exchange (PSX) Monday started the week on a positive note as investor sentiment remained optimistic following the economic reforms package announced by the government. BRIndex100 gained 16.37 points or 0.38 percent to close at 4,299.39 poin
Published 29 Jan, 2019 12:00am
Budget FY 2019-20: all taxes to be clubbed into one tax: Umar
Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta
Published 29 Jan, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 28, 2019)

Published 29 Jan, 2019 12:00am
Budget FY 2019-20: all taxes to be clubbed into one tax: Umar
Cotton

Budget FY 2019-20: all taxes to be clubbed into one tax: Umar

With a view to further improving the ease of doing business, the federal government is taking steps to club all taxes into one tax in the next federal budget following which there will be a single tax collector and businessmen will have to pay a single ta
Published 29 Jan, 2019 12:00am
Opposition slams government over 'blacklist' on airports

Opposition slams government over 'blacklist' on airports

Members of opposition parties in the Senate on Monday criticised the government for maintaining, what they called, a 'blacklist' on airports to restrict foreign travel of the citizens and urged the government to abolish it forthwith.
Published 29 Jan, 2019 12:00am
British MPs seek greater control of Brexit

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May's Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brita
Published 29 Jan, 2019 12:00am
British MPs seek greater control of Brexit

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May's Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brita
Published 29 Jan, 2019 12:00am
British MPs seek greater control of Brexit

British MPs seek greater control of Brexit

After British MPs rejected Prime Minister Theresa May''s Brexit deal, they will vote Tuesday on what they want her to do next. The House of Commons voted on January 15 to reject the withdrawal agreement May has struck with the European Union, leaving Brit
Published 29 Jan, 2019 12:00am
Prospects for bruised economy are dim
Currency

Prospects for bruised economy are dim

The latest United Nations report on world economic situation and prospects for 2019 released by its Department of Economic and Social Affairs presents a very unfavourable view of Pakistan's economy. It says the country's economy is facing severe Balance o
Updated 29 Jul, 2019 07:31am
Attack on media freedom

Attack on media freedom

The Federal cabinet gave its go-ahead on Thursday to the government plan to form a new Pakistan Media Regulatory Authority (PMRA) bringing under it the existing media regulatory bodies. This, said Information Minister Fawad Chaudhry, is to be done by merg
Updated 29 Jul, 2019 07:31am
Bad attitude

Bad attitude

Exasperated by the ministers' attitude towards the Senate, members of the opposition boycotted Friday's proceedings (the house was not in quorum either) requesting Chairman Sadiq Sanjrani to give a ruling on the issue. They returned, however, after the Mi
Updated 29 Jul, 2019 07:31am
Appraisal of the 'mini-budget'
Cotton

Appraisal of the 'mini-budget'

The article written by me in Business Recorder on Monday 21st of January 2019 had speculated that the primary motive for presentation of the Mini-Budget was to control the burgeoning budget deficit in the on-going fiscal year, 2018-19. The first si
Published 29 Jan, 2019 12:00am
Premature euphoria

Premature euphoria

January 27, 2019 media reports gave the impression that six days of talks in Doha, Qatar, between the US Special Representative Zalmay Khalilzad and the Taliban had all but delivered a peace deal for Afghanistan. The reports outlined the agreement as cons
Published 29 Jan, 2019 12:00am
Jilted France, angry Italy: divorce at the heart of EU

Jilted France, angry Italy: divorce at the heart of EU

With diplomatic ties between France and Italy increasingly tense, some observers have reached for marital metaphors to describe the breakdown in relations between two countries at the heart of the European Union. Veteran French foreign affairs commentator
Published 29 Jan, 2019 12:00am
'Black Day'

'Black Day'

Like ever, India's Republic Day was marked in the Occupied Jammu and Kashmir as 'Black Day' as the Kashmiris on both sides of the Line of Control reminded the world that India's continued denial of right to self-determination to the Kashmiris is contrary
Published 29 Jan, 2019 12:00am
Reko Diq, Saindak projects: parliamentary panel seeks in-camera briefing

Reko Diq, Saindak projects: parliamentary panel seeks in-camera briefing

A parliamentary panel has sought in-camera briefing on international agreements on Reko Diq and Saindak Copper Gold projects from the federal and Balochistan governments. The committee was informed about the present position of exploration of gold and coa
Published 29 Jan, 2019 12:00am
Sindh to set up child healthcare institute

Sindh to set up child healthcare institute

The Sindh Assembly on Monday legislated to set up a child healthcare institute to provide the newborn babies with a specialised care in the province. The institute will also serve as an independent degree awarding organisation. The house unanimously voted
Published 29 Jan, 2019 12:00am
PTI files disqualification petition against Zardari in IHC

PTI files disqualification petition against Zardari in IHC

The leaders of Pakistan Tehreek-e-Insaf Monday approached the Islamabad High Court (IHC) seeking disqualification of former President Asif Ali Zardari under Article 62(1)(f) of the Constitution for non-disclosure of a luxury apartment in USA and expensive
Published 29 Jan, 2019 12:00am
Thomas Drew calls on Qureshi

Thomas Drew calls on Qureshi

Foreign Minister Makhdoom Shah Mahmood Qureshi received British High Commissioner Thomas Drew at the Foreign Office on Monday. The two sides expressed satisfaction over the current trajectory of bilateral ties and agreed to further enhance relations in al
Published 29 Jan, 2019 12:00am
Bail plea on medical ground: IHC seeks Nawaz's medical reports

Bail plea on medical ground: IHC seeks Nawaz's medical reports

Islamabad High Court (IHC) on Monday summoned all medical reports of former Prime Minister Nawaz Sharif after his counsel pleaded to bail out his client on the ground of his deteriorating health conditions in jail.
Published 29 Jan, 2019 12:00am
PTV corruption case: SC grants bail to Shahid Masood

PTV corruption case: SC grants bail to Shahid Masood

The Supreme Court on Monday granted bail to TV anchor Dr Shahid Masood in the Pakistan Television Corporation corruption case. A two-judge bench comprising Justice Manzoor Ahmed Malik and Justice Sardar Tariq Masood heard the bail application of TV anchor
Published 29 Jan, 2019 12:00am
PD to submit report to ECC on NHP today

PD to submit report to ECC on NHP today

Power Division is to submit a report to the Economic Coordination Committee (ECC) on Net Hydel Profit (NHP) on Tuesday (today), official sources told Business Recorder. "An amount of Rs 43 billion of NHP has been made part of the tariff of which Rs
Published 29 Jan, 2019 12:00am
Political will required to implement police reforms: Suddle

Political will required to implement police reforms: Suddle

Strong political will is required to implement reforms in the police system. This was stated by Dr Muhammad Shoaib Suddle, former Inspector General Police (IGP), in an exclusive chat with this correspondent. He emphasized that reforms in Punjab police are
Published 29 Jan, 2019 12:00am
Umar meets Punjab governor

Umar meets Punjab governor

Federal Finance Minister Asad Umar and Minister of State for Revenue Hammad Azhar met with Punjab Governor Chaudhry Muhammad Sarwar at Governor House on Monday. The Finance Minister apprised the Governor about measures taken by the PTI government for econ
Published 29 Jan, 2019 12:00am
Four of a family killed in Swabi

Four of a family killed in Swabi

At least four members of the same family including three women and a man were killed and two others sustained injuries when roof of their house collapsed in Union Council Sudher of district Swabi on Monday morning. According to details, roof of a mud hous
Published 29 Jan, 2019 12:00am
Skill development of youth termed most effective tool

Skill development of youth termed most effective tool

Federal Minister for Education & Professional Training Shafqat Mahmood has said that skill development is the most effective tool to help the country progress and prosper speedily. "Skill development is at the top of the current government's agenda and we
Published 29 Jan, 2019 12:00am
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