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Feb 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-02-24
Philippines to launch retail T-bonds sale

Philippines to launch retail T-bonds sale

The Philippines plans to issue at least 30 billion pesos ($575.93 million) worth of five-year retail bonds next week, the Bureau of Treasury said on Thursday, to help fund this year's budget and provide individuals investment opportunities. The bonds will
Published 24 Feb, 2019 12:00am
Hedge funds hunt for shipping debt in new market push

Hedge funds hunt for shipping debt in new market push

A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and cost pressures are dampening prospec
Published 24 Feb, 2019 12:00am
Hedge funds hunt for shipping debt in new market push

Hedge funds hunt for shipping debt in new market push

A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and cost pressures are dampening prospec
Published 24 Feb, 2019 12:00am
Italy bond yields up before Fitch review

Italy bond yields up before Fitch review

Italian government bond yields rose on Friday, reflecting caution among investors before a Fitch ratings review. Yields in broader euro zone debt markets fell, pushed down by a weak German business sentiment survey and concerns about US/European trade ten
Published 24 Feb, 2019 12:00am
Italy bond yields up before Fitch review

Italy bond yields up before Fitch review

Italian government bond yields rose on Friday, reflecting caution among investors before a Fitch ratings review. Yields in broader euro zone debt markets fell, pushed down by a weak German business sentiment survey and concerns about US/European trade ten
Published 24 Feb, 2019 12:00am
Greece raises 2.5 billion euros in first bond sale since bailout

Greece raises 2.5 billion euros in first bond sale since bailout

Greece on Tuesday raised 2.5 billion euros (2.9 billion) from a five-year-bond, its first since exiting the last bailout, the finance minister said. "This is 36 percent of our requirements for 2019," finance minister Euclid Tsakalotos said in parliament,
Published 24 Feb, 2019 12:00am
Greece raises 2.5 billion euros in first bond sale since bailout

Greece raises 2.5 billion euros in first bond sale since bailout

Greece on Tuesday raised 2.5 billion euros (2.9 billion) from a five-year-bond, its first since exiting the last bailout, the finance minister said. "This is 36 percent of our requirements for 2019," finance minister Euclid Tsakalotos said in parliament,
Published 24 Feb, 2019 12:00am
China plans to expand land used to grow soyabeans, other oilseeds
Cotton

China plans to expand land used to grow soyabeans, other oilseeds

China plans to expand the amount of land it uses to grow soyabeans and other oilseeds by around 330,000 hectares in 2019, its agriculture ministry said on Thursday. The ministry did not give numbers for country's oilseed acreage in 2018, but the soyabean
Published 24 Feb, 2019 12:00am
Syria buys Black Sea wheat

Syria buys Black Sea wheat

Syria's General Establishment for Cereal Processing and Trade (Hoboob) bought 200,000 tonnes of Black Sea origin wheat in its latest international purchasing tender, a government source said on Tuesday. Hoboob bought the wheat at the price of $260 a tonne
Published 24 Feb, 2019 12:00am
Modest business on cotton market
Cotton

Modest business on cotton market

Cautious buying by mills was seen on the local cotton market on Saturday in process of trading, dealers said. The official spot rate was unchanged at Rs 8,500, they added. In the ready session, about 5000 bales of cotton changed hands between Rs 7300-8700
Published 24 Feb, 2019 12:00am
CBOT corn futures higher

CBOT corn futures higher

Chicago Board of Trade corn futures ended higher on Thursday on technical buying, as the grain markets steadied and US and China trade negotiators sketched an outline for what could be a deal to end the trade war. CBOT March corn closed up 4-3/4 cents at
Published 24 Feb, 2019 12:00am
DowDuPont wins final okay for global launch of new GMO soyabeans

DowDuPont wins final okay for global launch of new GMO soyabeans

DowDuPont Inc has won the final international regulatory approval needed, from the Philippines, for a global launch of a new line of genetically engineered soyabeans, the company said on Thursday. The approval means seed companies can sell the soyabeans,
Published 24 Feb, 2019 12:00am
Coffee prices seen rising nearly 25 percent by year-end
Currency

Coffee prices seen rising nearly 25 percent by year-end

Arabica coffee prices will rise nearly 20 percent by the end of 2019 as Brazil's shift to an off-year in its biennial production cycle helps swing the world into a global deficit, a Reuters poll of nine traders and analysts showed on Tuesday. The survey p
Published 24 Feb, 2019 12:00am
Cotton down over one percent, but marks first weekly gain in four
Cotton

Cotton down over one percent, but marks first weekly gain in four

ICE cotton futures slipped more than 1 percent on Friday after combined weekly export sales data from the US government fell short of investors' expectations. The most active cotton contract on ICE Futures US, the May contract, settled down 1 cent, or 1.3
Published 24 Feb, 2019 12:00am
Funds surprisingly lukewarm toward CBOT corn futures

Funds surprisingly lukewarm toward CBOT corn futures

Since mid-January, speculators have come very close to dumping bullish bets in Chicago-traded corn futures and options, but the extent of that situation may not have been clear for market participants until Tuesday. The Commodity Futures Trading Commissio
Published 24 Feb, 2019 12:00am
Sri Lanka stun South Africa to seal historic series win

Sri Lanka stun South Africa to seal historic series win

Sri Lankan captain Dimuth Karunaratne hailed his happy, united team after they completed an historic series triumph against South Africa at St George's Park in Port Elizabeth on Saturday. Oshada Fernando and Kusal Mendis propelled Sri Lanka to an eight-wi
Published 24 Feb, 2019 12:00am
Lahore Qalandars Haris Rauf fined

Lahore Qalandars Haris Rauf fined

Lahore Qalandars pacer Haris Rauf has been fined 10 percent of his match fee for violating the PCB's Code of Conduct during Friday's match against Multan Sultans in the HBL Pakistan Super League 2019 at the Sharjah Cricket Stadium, a PCB spokesman, said.
Published 24 Feb, 2019 12:00am
UoP wins HEC Inter-University Men Volleyball

UoP wins HEC Inter-University Men Volleyball

Super-fit University of Peshawar upset University of Central Punjab in the Higher Education Commission Inter-University Men Volleyball Championship in a thrilling 3-2 battle played here at PSB Coaching Center the other day.
Published 24 Feb, 2019 12:00am
Afghanistan hit world record T20 score of 278-3

Afghanistan hit world record T20 score of 278-3

Hazratullah Zazai smashed the ball to every corner of the ground, and even out of the stadium, as Afghanistan racked up a world record T20 score of 278-3 in a crushing demolition of Ireland on Saturday. The 20-year-old Zazai's unbeaten 162 included 16 six
Published 24 Feb, 2019 12:00am
West Indies snatch series-levelling victory

West Indies snatch series-levelling victory

Sheldon Cottrell marked his return to the West Indies team with a five-wicket haul as the home side snatched a series-levelling 26-run victory over England in the second one-day international of a five-match series at Kensington Oval in Barbados on Friday
Published 24 Feb, 2019 12:00am
Spurs stunned as Burnley ruin Kane's return

Spurs stunned as Burnley ruin Kane's return

Tottenham's Premier League title challenge suffered a crushing blow as Ashley Barnes' late strike sealed a shock 2-1 win for Burnley that ruined Harry Kane's goal-scoring return on Saturday. Mauricio Pochettino's side would have moved within two points of
Published 24 Feb, 2019 12:00am
Messi downs Sevilla with 50th career hat-trick

Messi downs Sevilla with 50th career hat-trick

Lionel Messi scored his 50th career hat-trick to fire Barcelona to a 4-2 win at Sevilla on Saturday after the champions had twice fallen behind, giving the Catalans a 10-point lead at the top of La Liga. Sevilla, who have only won once in the league in 20
Published 24 Feb, 2019 12:00am
THE RUPEE: slight recovery
Currency

THE RUPEE: slight recovery

The rupee maintained rising trend against the dollar on the local market on Saturday in the process of trading activity, dealers said.
Published 24 Feb, 2019 12:00am
THE RUPEE: slight recovery
Currency

THE RUPEE: slight recovery

The rupee maintained rising trend against the dollar on the local market on Saturday in the process of trading activity, dealers said.
Published 24 Feb, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 23, 2019).

Published 24 Feb, 2019 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 23, 2019).

Published 24 Feb, 2019 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 23, 2019).

Published 24 Feb, 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 Saturday (February 23, 2019).

Published 24 Feb, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 23, 2019)

Published 24 Feb, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 23, 2019).

Published 24 Feb, 2019 12:00am
The Weather

The Weather

The weather report on Saturday (February 23, 2019) and the forecast for Sunday (February 24, 2019).

Published 24 Feb, 2019 12:00am
Fazl claims Pak-China trade corridor was his 'brainchild'

Fazl claims Pak-China trade corridor was his 'brainchild'

Chief of Jamiat Ulma-e-Islam (JUI-F), Maulana Fazal-ur-Rehman on Saturday claimed that the original Pak-China trade corridor was his 'brainchild' that latter transformed into the present day CPEC. Speaking at Karachi Press Club's Meet-the-Press, he took a
Published 24 Feb, 2019 12:00am
Fazl claims Pak-China trade corridor was his 'brainchild'

Fazl claims Pak-China trade corridor was his 'brainchild'

Chief of Jamiat Ulma-e-Islam (JUI-F), Maulana Fazal-ur-Rehman on Saturday claimed that the original Pak-China trade corridor was his 'brainchild' that latter transformed into the present day CPEC. Speaking at Karachi Press Club's Meet-the-Press, he took a
Published 24 Feb, 2019 12:00am
AoPs category: Air Link, Advance Telecom among top taxpayers

AoPs category: Air Link, Advance Telecom among top taxpayers

Air Link Communication (NTN 3612447) and Advance Telecom (NTN 2848905) remained some of the top taxpayers within the category of Association of Persons (AoPs) for the Tax Year 2017. According to the latest Tax Directory for all taxpayers issued by the Fed
Published 24 Feb, 2019 12:00am
AoPs category: Air Link, Advance Telecom among top taxpayers

AoPs category: Air Link, Advance Telecom among top taxpayers

Air Link Communication (NTN 3612447) and Advance Telecom (NTN 2848905) remained some of the top taxpayers within the category of Association of Persons (AoPs) for the Tax Year 2017. According to the latest Tax Directory for all taxpayers issued by the Fed
Published 24 Feb, 2019 12:00am
AoPs category: Air Link, Advance Telecom among top taxpayers

AoPs category: Air Link, Advance Telecom among top taxpayers

Air Link Communication (NTN 3612447) and Advance Telecom (NTN 2848905) remained some of the top taxpayers within the category of Association of Persons (AoPs) for the Tax Year 2017. According to the latest Tax Directory for all taxpayers issued by the Fed
Published 24 Feb, 2019 12:00am
AoPs category: Air Link, Advance Telecom among top taxpayers

AoPs category: Air Link, Advance Telecom among top taxpayers

Air Link Communication (NTN 3612447) and Advance Telecom (NTN 2848905) remained some of the top taxpayers within the category of Association of Persons (AoPs) for the Tax Year 2017. According to the latest Tax Directory for all taxpayers issued by the Fed
Published 24 Feb, 2019 12:00am
Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Pakistan Banks Association (PBA) has proposed procedural and legal amendments to the Finance Supplementary (Second Amendment) Bill 2019 in respect of Super Tax on banking industry and tax credit to banks regarding additional advances disbursed to micro, s
Published 24 Feb, 2019 12:00am
Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Pakistan Banks Association (PBA) has proposed procedural and legal amendments to the Finance Supplementary (Second Amendment) Bill 2019 in respect of Super Tax on banking industry and tax credit to banks regarding additional advances disbursed to micro, s
Published 24 Feb, 2019 12:00am
Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Pakistan Banks Association (PBA) has proposed procedural and legal amendments to the Finance Supplementary (Second Amendment) Bill 2019 in respect of Super Tax on banking industry and tax credit to banks regarding additional advances disbursed to micro, s
Published 24 Feb, 2019 12:00am
Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Super Tax, tax credit: PBA suggests legal amendments to Finance Bill

Pakistan Banks Association (PBA) has proposed procedural and legal amendments to the Finance Supplementary (Second Amendment) Bill 2019 in respect of Super Tax on banking industry and tax credit to banks regarding additional advances disbursed to micro, s
Published 24 Feb, 2019 12:00am
Government likely to allow private sector to import LNG: minister

Government likely to allow private sector to import LNG: minister

Allowing the private sector to import liquefied natural gas (LNG) is under serious consideration by the Petroleum Division. Private-sector players have approached the government seeking permission to import gas to meet idle capacity of LNG terminals at co
Published 24 Feb, 2019 12:00am
Government likely to allow private sector to import LNG: minister

Government likely to allow private sector to import LNG: minister

Allowing the private sector to import liquefied natural gas (LNG) is under serious consideration by the Petroleum Division. Private-sector players have approached the government seeking permission to import gas to meet idle capacity of LNG terminals at co
Published 24 Feb, 2019 12:00am
Government likely to allow private sector to import LNG: minister

Government likely to allow private sector to import LNG: minister

Allowing the private sector to import liquefied natural gas (LNG) is under serious consideration by the Petroleum Division. Private-sector players have approached the government seeking permission to import gas to meet idle capacity of LNG terminals at co
Published 24 Feb, 2019 12:00am
Trump says China trade deal likely as talks extended
Currency

Trump says China trade deal likely as talks extended

US President Donald Trump said on Friday a trade summit with Chinese leader Xi Jinping was likely next month, and hailed two days of "very good talks" by negotiators. The negotiations were extended through Sunday as officials race to reach a deal ahead of
Published 24 Feb, 2019 12:00am
Trump says China trade deal likely as talks extended
Currency

Trump says China trade deal likely as talks extended

US President Donald Trump said on Friday a trade summit with Chinese leader Xi Jinping was likely next month, and hailed two days of "very good talks" by negotiators. The negotiations were extended through Sunday as officials race to reach a deal ahead of
Published 24 Feb, 2019 12:00am
Trump says China trade deal likely as talks extended
Currency

Trump says China trade deal likely as talks extended

US President Donald Trump said on Friday a trade summit with Chinese leader Xi Jinping was likely next month, and hailed two days of "very good talks" by negotiators. The negotiations were extended through Sunday as officials race to reach a deal ahead of
Published 24 Feb, 2019 12:00am
Xi urges financial risk prevention while seeking stable growth

Xi urges financial risk prevention while seeking stable growth

China should seek stable development of its economy while not forgetting to fend off risks to its financial system, Chinese President Xi Jinping said, state news agency Xinhua reported on Saturday. China's economy is > from page 1 growing at its slowest p
Published 24 Feb, 2019 12:00am
Xi urges financial risk prevention while seeking stable growth

Xi urges financial risk prevention while seeking stable growth

China should seek stable development of its economy while not forgetting to fend off risks to its financial system, Chinese President Xi Jinping said, state news agency Xinhua reported on Saturday. China's economy is > from page 1 growing at its slowest p
Published 24 Feb, 2019 12:00am
Xi urges financial risk prevention while seeking stable growth

Xi urges financial risk prevention while seeking stable growth

China should seek stable development of its economy while not forgetting to fend off risks to its financial system, Chinese President Xi Jinping said, state news agency Xinhua reported on Saturday. China''s economy is > from page 1 growing at its slowest
Published 24 Feb, 2019 12:00am
UK ministers warn PM to get her deal now or delay Brexit

UK ministers warn PM to get her deal now or delay Brexit

Three members of Prime Minister Theresa May's cabinet warned Saturday that Brexit must be delayed if she cannot persuade the British parliament to back her EU divorce deal next week. Business minister Greg Clark, work and pensions minister Amber Rudd and
Published 24 Feb, 2019 12:00am
UK ministers warn PM to get her deal now or delay Brexit

UK ministers warn PM to get her deal now or delay Brexit

Three members of Prime Minister Theresa May's cabinet warned Saturday that Brexit must be delayed if she cannot persuade the British parliament to back her EU divorce deal next week. Business minister Greg Clark, work and pensions minister Amber Rudd and
Published 24 Feb, 2019 12:00am
India makes mass arrests, sends more troops

India makes mass arrests, sends more troops

Indian authorities arrested dozens of Muslim leaders in raids across Kashmir and sent thousands of reinforcements to the occupied territory on Saturday as Prime Minister Narendra Modi stepped up warnings to Pakistan over a suicide bomb attack. As internat
Published 24 Feb, 2019 12:00am
India makes mass arrests, sends more troops

India makes mass arrests, sends more troops

Indian authorities arrested dozens of Muslim leaders in raids across Kashmir and sent thousands of reinforcements to the occupied territory on Saturday as Prime Minister Narendra Modi stepped up warnings to Pakistan over a suicide bomb attack. As internat
Published 24 Feb, 2019 12:00am
Modi falls flat on his face after Pakistan response

Modi falls flat on his face after Pakistan response

Following Prime Minister Imran Khan's befitting response to the threats, Indian PM Narendra Modi Saturday recalled his telephonic conversation with his Pakistani counterpart after he won general elections 2018. While addressing a gathering at Rajasthan's
Published 24 Feb, 2019 12:00am
India's growing belligerence: FO sets up 'crisis management' cell

India's growing belligerence: FO sets up 'crisis management' cell

The Foreign Office Saturday established a Crisis Management Cell amid escalation of tensions between Pakistan and India in the wake of the Pulwama attack. According to the spokesperson for Foreign Office Dr Mohammad Faisal, the Cell will work round the cl
Published 24 Feb, 2019 12:00am
India's growing belligerence: FO sets up 'crisis management' cell

India's growing belligerence: FO sets up 'crisis management' cell

The Foreign Office Saturday established a Crisis Management Cell amid escalation of tensions between Pakistan and India in the wake of the Pulwama attack. According to the spokesperson for Foreign Office Dr Mohammad Faisal, the Cell will work round the cl
Published 24 Feb, 2019 12:00am
General Rawat should follow General Bajwa's vision for peace: DG ISPR

General Rawat should follow General Bajwa's vision for peace: DG ISPR

The Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor taking a dig at Indian Army Chief General Bipin Rawat's comments that he 'follows' his Pakistani counterpart General Qamar Bajwa, suggested Saturday that it would be e
Published 24 Feb, 2019 12:00am
General Rawat should follow General Bajwa's vision for peace: DG ISPR

General Rawat should follow General Bajwa's vision for peace: DG ISPR

The Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor taking a dig at Indian Army Chief General Bipin Rawat's comments that he 'follows' his Pakistani counterpart General Qamar Bajwa, suggested Saturday that it would be e
Published 24 Feb, 2019 12:00am
Toxic alcohol kills 98 in India, hundreds hospitalised

Toxic alcohol kills 98 in India, hundreds hospitalised

Ninety-eight workers have died and at least 200 others have been hospitalised in northeastern India after drinking toxic liquor, officials said Saturday, in the latest case of alcohol poisoning in the country. The deaths in Assam state came less than two
Published 24 Feb, 2019 12:00am
Toxic alcohol kills 98 in India, hundreds hospitalised

Toxic alcohol kills 98 in India, hundreds hospitalised

Ninety-eight workers have died and at least 200 others have been hospitalised in northeastern India after drinking toxic liquor, officials said Saturday, in the latest case of alcohol poisoning in the country. The deaths in Assam state came less than two
Published 24 Feb, 2019 12:00am
Film director Stanley Donen dies

Film director Stanley Donen dies

Stanley Donen, who directed such beloved Hollywood classics as "Singin' in the Rain," "On the Town" and "Charade," has died in New York at age 94. His death of a heart attack was confirmed by one of his sons, Mark Donen, the Chicago Tribune reported.
Published 24 Feb, 2019 12:00am
KPRA collects Rs 5.5 billion in seven months of FY2018-19

KPRA collects Rs 5.5 billion in seven months of FY2018-19

Khyber Pakhtunkhwa Revenue Authority has collected Rs 5.5 billion since July 2018 to January 2019 out of the set revenue target of Rs 15billion for the current financial year that will end on June 30. It was disclosed at 6th meeting of the policy making c
Published 24 Feb, 2019 12:00am
KPRA collects Rs 5.5 billion in seven months of FY2018-19

KPRA collects Rs 5.5 billion in seven months of FY2018-19

Khyber Pakhtunkhwa Revenue Authority has collected Rs 5.5 billion since July 2018 to January 2019 out of the set revenue target of Rs 15billion for the current financial year that will end on June 30. It was disclosed at 6th meeting of the policy making c
Published 24 Feb, 2019 12:00am
KPRA collects Rs 5.5 billion in seven months of FY2018-19

KPRA collects Rs 5.5 billion in seven months of FY2018-19

Khyber Pakhtunkhwa Revenue Authority has collected Rs 5.5 billion since July 2018 to January 2019 out of the set revenue target of Rs 15billion for the current financial year that will end on June 30. It was disclosed at 6th meeting of the policy making c
Published 24 Feb, 2019 12:00am
Cardinal admits Church files on paedophile priests 'destroyed'

Cardinal admits Church files on paedophile priests 'destroyed'

A top Catholic cardinal admitted Saturday that Church files on priests accused of sexually abusing children were destroyed or never even drawn up in a move which allowed paedophiles to prey on others. "Files that could have documented the terrible deeds a
Published 24 Feb, 2019 12:00am
Cardinal admits Church files on paedophile priests 'destroyed'

Cardinal admits Church files on paedophile priests 'destroyed'

A top Catholic cardinal admitted Saturday that Church files on priests accused of sexually abusing children were destroyed or never even drawn up in a move which allowed paedophiles to prey on others. "Files that could have documented the terrible deeds a
Published 24 Feb, 2019 12:00am
NAB issues Gulzar Ahmed's arrest warrant

NAB issues Gulzar Ahmed's arrest warrant

National Accountability Bureau (NAB) on Saturday has issued arrest warrant of businessman Gulzar Ahmed as a part of inquiry regarding transfer of millions of rupees from bank account of Sindh Assembly Speaker Agha Siraj Durrani's daughter. The watchdog of
Published 24 Feb, 2019 12:00am
NAB issues Gulzar Ahmed's arrest warrant

NAB issues Gulzar Ahmed's arrest warrant

National Accountability Bureau (NAB) on Saturday has issued arrest warrant of businessman Gulzar Ahmed as a part of inquiry regarding transfer of millions of rupees from bank account of Sindh Assembly Speaker Agha Siraj Durrani's daughter. The watchdog of
Published 24 Feb, 2019 12:00am
Nigeria begins count in presidential elections

Nigeria begins count in presidential elections

Nigeria began counting votes in presidential elections on Saturday, even as many people had yet to even cast their ballot because of delays in the opening of polling units and problems with staffing and technology. The late start at some of the nearly 120
Published 24 Feb, 2019 12:00am
Nigeria begins count in presidential elections

Nigeria begins count in presidential elections

Nigeria began counting votes in presidential elections on Saturday, even as many people had yet to even cast their ballot because of delays in the opening of polling units and problems with staffing and technology. The late start at some of the nearly 120
Published 24 Feb, 2019 12:00am
SLIC clarification

SLIC clarification

It is apropos a Business Recorder news item "SLIC employees, policy-holders concerned at sell -off plan. It is clarified that the news item carries several factual errors, which are detailed herein. Firstly, SLIC is not being privatized on March 31
Published 24 Feb, 2019 12:00am
SLIC clarification

SLIC clarification

It is apropos a Business Recorder news item "SLIC employees, policy-holders concerned at sell -off plan. It is clarified that the news item carries several factual errors, which are detailed herein. Firstly, SLIC is not being privatized on March 31
Published 24 Feb, 2019 12:00am
SLIC clarification

SLIC clarification

It is apropos a Business Recorder news item "SLIC employees, policy-holders concerned at sell -off plan. It is clarified that the news item carries several factual errors, which are detailed herein. Firstly, SLIC is not being privatized on March 31
Published 24 Feb, 2019 12:00am
Venezuela set for aid showdown as Guaido claims military help

Venezuela set for aid showdown as Guaido claims military help

Venezuelan security forces fired tear gas and rubber bullets Saturday to disperse a crowd demanding to cross the Venezuela-Colombia border, ordered closed by President Nicolas Maduro as tensions in the Latin American country soared ahead of an opposition
Published 24 Feb, 2019 12:00am
Venezuela set for aid showdown as Guaido claims military help

Venezuela set for aid showdown as Guaido claims military help

Venezuelan security forces fired tear gas and rubber bullets Saturday to disperse a crowd demanding to cross the Venezuela-Colombia border, ordered closed by President Nicolas Maduro as tensions in the Latin American country soared ahead of an opposition
Published 24 Feb, 2019 12:00am
20 new trains: Government mulling outsourcing commercial management

20 new trains: Government mulling outsourcing commercial management

The government has decided to outsource the commercial management of newly introduced trains to improve their financial viability, it is learnt. Sources revealed to Business Recorder that the Pakistan Tehreek-e-Insaf-led government has introduced 2
Published 24 Feb, 2019 12:00am
20 new trains: Government mulling outsourcing commercial management

20 new trains: Government mulling outsourcing commercial management

The government has decided to outsource the commercial management of newly introduced trains to improve their financial viability, it is learnt. Sources revealed to Business Recorder that the Pakistan Tehreek-e-Insaf-led government has introduced 2
Published 24 Feb, 2019 12:00am
20 new trains: Government mulling outsourcing commercial management

20 new trains: Government mulling outsourcing commercial management

The government has decided to outsource the commercial management of newly introduced trains to improve their financial viability, it is learnt. Sources revealed to Business Recorder that the Pakistan Tehreek-e-Insaf-led government has introduced 2
Published 24 Feb, 2019 12:00am
North Korean leader's train arrives in China

North Korean leader's train arrives in China

North Korean leader Kim Jong Un's armoured train arrived in China late Saturday ahead of his summit with US President Donald Trump in Vietnam, according to media reports. The train arrived in the border city of Dandong after 9 pm local time (1300 GMT), ac
Published 24 Feb, 2019 12:00am
North Korean leader's train arrives in China

North Korean leader's train arrives in China

North Korean leader Kim Jong Un's armoured train arrived in China late Saturday ahead of his summit with US President Donald Trump in Vietnam, according to media reports. The train arrived in the border city of Dandong after 9 pm local time (1300 GMT), ac
Published 24 Feb, 2019 12:00am
The need for neutrality

The need for neutrality

A discordant note was struck in the joint press conference by the Pakistani and Saudi Foreign Ministers during the visit of Crown Prince Mohammad bin Salman. While Pakistani Foreign Minister Shah Mahmood Qureshi underlined the convergence with Saudi Arabi
Updated 09 Mar, 2019 10:52am
Discourteous behaviour

Discourteous behaviour

The PTI government put its best foot forward to welcome Saudi Crown Prince Mohammad bin Salman, but exhibited a sign of political immaturity by refusing to invite opposition leaders to the banquet Prime Minister Imran Khan hosted in his honour. Informatio
Updated 09 Mar, 2019 10:51am
Sexual harassment at workplace

Sexual harassment at workplace

A three-member Supreme Court bench headed by Justice Azmat Saeed has taken cognizance of some recent reports that spoke of weaknesses in the Protection against Harassment of Women at Workplace Act, 2010, directing the federal and provincial governments to
Updated 09 Mar, 2019 10:51am
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