Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
The country is facing an acute shortage of different cadres of healthcare workers and nursing professionals. The current government is emphasizing to strengthen the education system to implement "Health for All" vision through skilled and well trained nur
A 550-bed quaternary care hospital offering comprehensive diagnostic, outpatient, inpatient services in 35+ Medical & Surgical Specialties. A largest number of U.SA. & E.U. trained & qualified physicians and surgeons working under one hospital in Pakistan
To expand its geographical footprint and service outreach to International frontiers, SHIFA has entered into a joint venture with a local group to set-up a 250-bed tertiary care hospital in Dar-es-Salaam, Tanzania.
The idea of Shifa International Hospital was conceived by a team of expatriate healthcare professionals in 1985 in New York, USA. Their objective was to provide international standard medical care to patients in Pakistan. After much discussion, it was dec
Growing population, increased prevalence of chronic diseases, deficiency of trained physicians, nurses and technicians as well as a lack of modern medical technologies, and a multitude of other factors continue to increase healthcare demand in the country
Healthcare plays an important role in any country's economy as healthy population is not only valued in its own right, but it also uplifts the human capital of a country and positively contributes to the economic and social development. The PTI government
Bangladesh is culturally vibrant country. Her deep rooted cultural heritage is amply reflected in her architecture, literature, dance, drama, music and painting. Bangladesh culture is influenced by three great religions- Islam, Hinduism, Buddhism, with Is
With improving education, health, technology and economic growth as well as the resulting increase of purchasing power of a large population of 160 million people, Bangladesh has a growing domestic market. Apart from that, Bangladesh also has substantial
Bangladesh has been classified as a "Next Eleven" emerging market by Goldman Sachs. The JP Morgan has labelled Bangladesh as one of the ?Frontier Five? economies with high potential to become an attractive destination for investment as well. Besides, acco
Copper prices touched their lowest level in more than a month on Monday on worries about global economic growth, but falling inventories and the upcoming peak demand season for industrial metals were seen curbing losses.
Global commodities trader Trafigura Group sees Brent oil staying around current levels, about $66-$67 a barrel, or slightly higher for the rest of the year, and rising to the $70s in 2020, its co-head of oil trading Ben Luckock said on Monday.
ICE cotton futures rose over 1 percent on Monday as an improved technical picture and hopes of a positive outcome from US-China trade talks, pushed speculators to cover their short positions.
Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, continued to fall over worries on slowing global economy. The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for August delivery finished 5.9 yen
Raw sugar prices hit a one-week low on Monday as oil prices fell and traders squared positions after prices rose 0.4 percent last week, while cocoa surged on short covering.
Gold prices rose in Asian trade on Monday as investors' appetite for riskier assets faded on concerns about a potential US recession and decelerating global growth, increasing appeal for the bullion alongside yen and bonds. Spot gold gained 0.3 percent to
Gold prices rose to a more than three-week high on Monday, helped by a weaker dollar and as worries over global economic growth pushed investors into safe-haven assets.
US wheat futures gained on Monday, lifted by short-covering as well as concerns about North American production as American weather threatened to delay planting.
Gold prices rose to a more than three-week high in early New York trade on Monday, helped by a weaker dollar and as worries over global economic growth pushed investors into safe-haven assets.
Novak Djokovic remains on course for a record seventh Miami Open title, but the world number one admitted to a loss of focus in a 7-5, 4-6, 6-1 victory over spirited Federico Delbonis which booked his place in the last 16. Djokovic is hoping to eclipse An
Young and promising musclemen Ihsan Ullah, Abu Bakar, and Bilal Khan clinched the titles of the Mr. Junior Mr Asian Gym and Saeed Classic in the Asian Gym Annual Bodybuilding Contests which concluded here at Nishtar Hall on Monday.
Danish Saeed claimed a very deserving gold medal in the opening category of the District Mardan Spring Inter-Club Wushu Championship which concluded at Sports Complex Mardan on Monday.
Australia on Monday appointed ex-England bowling coach Troy Cooley for their upcoming Ashes series as they bid to win the urn on away soil for the first time in 18 years. Meanwhile Adam Griffith, a former head coach of Tasmania and assistant to national c
Australian fast bowler Jhye Richardson has dislocated his shoulder and will head home from the Pakistan tour, officials said, as he faces a battle to be fit for the World Cup. Richardson took 2-16 in the second one-dayer in Sharjah on Sunday but fell awkw
The former skipper Shahid Afridi has said the Green Shirts need to fight hard with the ball in the remaining three games against Australia. Afridi took to Twitter and congratulated Haris Sohail and Mohammad Rizwan on their first ODI centuries. "It is impo
Pakistan's policy of judging their bench-strength yielded good result on Sunday when wicket-keeper/batsman Mohammad Rizwan came up with a maiden century to prove there is enough talent in the backup players. Rizwan scored 115 off 126 balls with 11 boundar
An internal investigation by amateur boxing's world body AIBA has raised serious questions about the judging at the 2016 Rio Olympics, with particular suspicion falling on a French official, French newspaper Le Monde reported on Monday.
Stand-in forward Cristhian Stuani scored his third goal in two games as Uruguay taught Thailand a footballing lesson to win the China Cup with a 4-0 victory on Monday. The 2018 World Cup quarter-finalists hardly missed the injured star striking duo of Lui
Controversial Cricket West Indies president Dave Cameron has lost a vote to remain in the post, the governing body announced Sunday. Cameron was defeated eight votes to four by Ricky Skerritt, a former West Indies team manager in a ballot conducted in Kin
The US-China trade war poses the biggest risk to global stability and fiscal stabilisation is needed to respond to economic shocks in Europe, IMF First Deputy Managing Director David Lipton said on Monday.
US economists are less optimistic about the outlook and sharply lowered their growth forecasts for this year, amid slowing global growth and continued trade frictions, according to a survey published Monday.
German business morale improved unexpectedly in March after six consecutive drops, a survey showed on Monday, suggesting that Europe's largest economy is likely to pick up in the coming months after it narrowly avoided a recession last year. The growth ou
Apple on Monday unveiled a star-packed original video service along with a subscription plan for magazines and newspapers as part of a new strategic move for the iPhone maker.
Major Polish newspapers printed blank front pages on Monday in an appeal to the European Parliament to adopt controversial copyright reforms that have pitted traditional media firms against internet giants.
Chinese President Xi Jinping and his French counterpart Emmanuel Macron on Monday called for increased cooperation between the European Union and China, at a time of growing nervousness over Beijing's massive investments on the continent.
Brazilian mills in the main sugarcane belt are expected to produce 7 percent more sugar in the new season that starts in April due to slightly better prices and the expectation for an increasing global sugar supply deficit, a Reuters poll showed on Friday
Chicago Board of Trade (CBOT) wheat futures ended lower on Friday as late-session profit-taking dragged prices from 3-1/2 week highs posted during the session, traders said. CBOT May soft red winter wheat settled down 1/2 cent at $4.66 per bushel. The con
Chicago Board of Trade (CBOT) corn futures rose to 3-1/2-week highs on Friday, lifted by a large export purchase by China and US Midwest flooding that has fueled concerns about stalled spring planting, traders said. CBOT May corn settled up 2 cents at $3.
Asia's gasoline crack hit a fresh six-month high on Friday as steady demand, shrinking US inventories and supply cuts due to refinery turnarounds in key producing regions of Asia continued to support sentiment, trade sources said. The crack rose to $7.68
Coffee sales in Vietnam are slowing due to low prices, while supply rose in Indonesia as produces from a mini harvest reached the market earlier than expected. Farmers in Vietnam have sold 60-70 percent of their beans harvested in the 2018-19 crop year th
Chinese iron ore futures edged higher in choppy trade on Friday amid conflicting signals about supply from the world's top producer Vale SA, but posted their first weekly loss in four weeks. A Brazilian court in Minas Gerais state ordered Vale to halt ope
Rice export prices in India rose to their highest level in more than seven months as the rupee appreciated, denting demand, while trading companies in Vietnam increased domestic buying to fulfil new overseas deals. India's 5 percent broken parboiled varie
Trade activity improved on the cotton market on Monday as mills indulged in fresh buying of cotton after observing two days local holidays, dealers said. The official spot rate was unchanged at Rs 8,600, they added. In the ready session, over 12000 bales
South Korea's largest feedmaker, Nonghyup Feed Inc (NOFI), has issued an international tender to purchase about 60,000 tonnes of feed wheat to be sourced from optional origins, European traders said on Friday. Tender deadline is also Friday March 22.
Chicago Board of Trade (CBOT) soyabean futures closed lower for the first time in three sessions on Friday on worries about lagging demand for US supplies as the dollar firms and South American farmers harvest a bumper crop, traders said.
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,749. The traded value of Metals, Energy and COTS/FX was recorded at PKR 14.977 billion and the number of lots traded 17,351.
Russian wheat export prices rose last week, supported by an increase in global benchmarks in Chicago and a strengthening of the rouble, analysts said on Monday. Last week, the rouble hit its strongest level since August, while Chicago wheat futures touche
The Taiwan Flour Millers' Association has purchased 110,000 tonnes of milling wheat to be sourced from the United States in an international tender that closed on Friday, European traders said. The purchase involved a range of different wheat types.
Euronext wheat futures ended little changed on Friday, easing from an earlier three-week high as technical resistance countered support from adverse US weather and brisk French exports. Benchmark May milling wheat on Paris-based Euronext settled up 0.50 e
The Karachi Port handled 206,156 tonnes of cargo comprising 151,875 tonnes of import cargo and 54,281 tonnes of export cargo including 4,767 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargos of 15
ICE Canadian canola futures plunged 3.1 percent to their lowest in nearly two weeks on Friday after the Canola Council of Canada said that Chinese importers have stopped buying Canadian canola seed. The trade group also said that purchases are not expecte
Above-average rainfall in Ivory Coast's key cocoa regions last week will boost the April-September mid-crop, but dry spells in the country's centre have raised concerns, farmers said on Monday. Ivory Coast, the world's top cocoa producer, is entering the
Egypt's index fell sharply on Monday, pulled down by its blue-chip shares, while Qatar's index was lifted by its financial stocks. The Egyptian blue-chip index dropped 1.2 percent, with 26 of its 30 stocks declining. Egyptians were the net sellers of stoc
Germany's benchmark 10-year bond yield moved back towards zero percent on Monday after a surprise rise in business sentiment took the edge off market fears about a dire economic outlook. Poor manufacturing activity data on Friday from Europe's powerhouse
Germany's benchmark 10-year bond yield moved back towards zero percent on Monday after a surprise rise in business sentiment took the edge off market fears about a dire economic outlook. Poor manufacturing activity data on Friday from Europe's powerhouse
Japan's Nikkei posted the biggest daily drop in three months on Monday as investors moved into bonds and other assets perceived as safe amid renewed fears of a global economic slowdown. The Nikkei share average stumbled 3 percent to 20,977.11, the lowest
US stocks fell on Monday, extending the previous session's steep sell-off, hit by worries of a slowdown in global economic growth. However, Wall Street's main indexes were still above their session lows in choppy trading. The benchmark S&P 500 is now abou
Southeast Asian stock markets ended lower on Monday with cautious investors across the globe opting for safe-haven bonds as risk assets were rattled by fears of an impending US recession, while Vietnam shares slumped to a near one-month low. Concerns abou
Indian shares settled lower on Monday, taking cues from a broader selloff seen across the globe on fears of a recession in the United States. The benchmark BSE index closed down 0.93 percent at 37,808.91, while the broader NSE index slipped 0.90 percent t
Chinese stocks fell on Monday tracking a global sell-off, as sentiment for equities soured on growing fears about a US recession, and on caution ahead of fresh US-China trade talks. The blue-chip CSI300 index fell 2.4 percent to 3,742.83 points, while the
European shares fell on Monday on concerns over sluggish global growth but an unexpected rise in German business sentiment eased fears of a recession in the bloc's largest economy. The pan-European STOXX 600 index pared early losses to dip 0.12 percent wh
Australian shares closed at a more than one-month low on Monday as investors fled to more conservative assets on growing concerns about a possible US recession, while gold stocks rose on safe-haven demand for the metal. US Treasury 10-year note yields dro
Britain's FTSE 100 slipped as fears of a recession in the United States triggered a sell-off in global markets, while the mid-cap index was battered by uncertainty over the next steps in Brexit.
The Australian and New Zealand dollars were cowed by global growth concerns on Monday, while bonds extended their recent eye-popping rally to drive many yields to all-time lows. The Aussie dollar was stuck at $0.7075, having failed miserably to hold last
The yen gained against its peers on Monday, touching a six-week peak versus the dollar, as fears in markets of a global economic slowdown fuelled demand for the Japanese currency. The yen, a perceived safe-haven which attracts demand times of market turmo
The euro firmed on Monday as a stronger-than-forecast German business confidence survey allayed some fears about a recession and pulled the safe-haven yen from a six-week high against the dollar. Financial markets around the globe were roiled on Friday, s
The euro rose on Monday after a better-than-expected business confidence survey from Germany eased some of the worries about economic growth and knocked the safe-haven yen off six-week highs to the dollar. World markets were buffeted on Friday by fears of
The Turkish lira on Monday clawed back some of its steep losses from Friday, its worst day since the currency crisis took hold in August, after the central bank and government issued a series of promises and warnings to stem any further weakness.
Worries over the health of the global economy weighed on most Asian currencies on Monday, but the Thai baht gained ahead of the results of the country's first election since a 2014 coup. The spread between 3-month US Treasury bills and 10-year note yields
Sterling weakened on Monday after British Prime Minister Theresa May said there was not yet enough support to put her Brexit deal to a third parliamentary vote.