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Print - 2019-07-13
Pakistan joins US-led call for Afghan ceasefire, talks

Pakistan joins US-led call for Afghan ceasefire, talks

Pakistan, which supported Afghanistan's former Taliban regime, on Friday joined the United States, Russia and China in a call on the insurgents to agree to a ceasefire and negotiations with Kabul. Pakistan joined the three powers in talks in Beijing that
Published 13 Jul, 2019 12:00am
Pakistan joins US-led call for Afghan ceasefire, talks

Pakistan joins US-led call for Afghan ceasefire, talks

Pakistan, which supported Afghanistan's former Taliban regime, on Friday joined the United States, Russia and China in a call on the insurgents to agree to a ceasefire and negotiations with Kabul. Pakistan joined the three powers in talks in Beijing that
Published 13 Jul, 2019 12:00am
PTI, allies submit no-trust resolution against Mandviwalla

PTI, allies submit no-trust resolution against Mandviwalla

In what comes as a tit-for-tat response, the senators from the ruling Pakistan Tehreek-e-Insaf (PTI) and its allied parties on Friday submitted a no-confidence resolution against Deputy Chairman Senate Saleem Mandviwalla, three days after the opposition s
Published 13 Jul, 2019 12:00am
PTI, allies submit no-trust resolution against Mandviwalla

PTI, allies submit no-trust resolution against Mandviwalla

In what comes as a tit-for-tat response, the senators from the ruling Pakistan Tehreek-e-Insaf (PTI) and its allied parties on Friday submitted a no-confidence resolution against Deputy Chairman Senate Saleem Mandviwalla, three days after the opposition s
Published 13 Jul, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 13 Jul, 2019 12:00am
SC to hear petition on July 16

SC to hear petition on July 16

The apex court will hear a petition requesting it to order for an inquiry in order to determine the truth behind the video displayed against Accountability Court Judge Arshad Malik on July 16. The Supreme Court's office has numbered Ishtiaq Ahmed Mirza's
Published 13 Jul, 2019 12:00am
SC to hear petition on July 16

SC to hear petition on July 16

The apex court will hear a petition requesting it to order for an inquiry in order to determine the truth behind the video displayed against Accountability Court Judge Arshad Malik on July 16. The Supreme Court's office has numbered Ishtiaq Ahmed Mirza's
Published 13 Jul, 2019 12:00am
Judge claims was offered Rs 500 million bribe by Hussain

Judge claims was offered Rs 500 million bribe by Hussain

Accountability Court Judge Muham-mad Arshad Malik on Friday again categorically rejected the allegations levelled against him by Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Safdar, saying that he was offered Rs 500 million cash bribe by Sha
Published 13 Jul, 2019 12:00am
Judge claims was offered Rs 500 million bribe by Hussain

Judge claims was offered Rs 500 million bribe by Hussain

Accountability Court Judge Muham-mad Arshad Malik on Friday again categorically rejected the allegations levelled against him by Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Safdar, saying that he was offered Rs 500 million cash bribe by Sha
Published 13 Jul, 2019 12:00am
US Treasury warns it will run out of cash in early September

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around
Published 13 Jul, 2019 12:00am
US Treasury warns it will run out of cash in early September

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around
Published 13 Jul, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am
US Treasury warns it will run out of cash in early September

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around
Published 13 Jul, 2019 12:00am
US Treasury warns it will run out of cash in early September

US Treasury warns it will run out of cash in early September

The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned Friday. The Treasury has been taking extraordinary steps since March to shuffle its cash around
Published 13 Jul, 2019 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Friday in the process of trading, marketmen said.
Published 13 Jul, 2019 12:00am
First round of 'Pak-India Track II Dialogue' begins

First round of 'Pak-India Track II Dialogue' begins

The first round of Pakistan-India Track II Dialogue began here on Friday in a bid to explore options for dispute resolution and normalising the otherwise tense bilateral relationship Representatives from civil society, diplomatic experts and government of
Published 13 Jul, 2019 12:00am
THE RUPEE: falling trend
Currency

THE RUPEE: falling trend

The rupee continued slide against the dollar on the money market on Friday in the process of trading, marketmen said.
Published 13 Jul, 2019 12:00am
First round of 'Pak-India Track II Dialogue' begins

First round of 'Pak-India Track II Dialogue' begins

The first round of Pakistan-India Track II Dialogue began here on Friday in a bid to explore options for dispute resolution and normalising the otherwise tense bilateral relationship Representatives from civil society, diplomatic experts and government of
Published 13 Jul, 2019 12:00am
Heads of over 55 Chinese companies meet PM

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister's Office after a delegation of over 55 Chinese companies' chiefs met with Prime Minis
Published 13 Jul, 2019 12:00am
Heads of over 55 Chinese companies meet PM

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister's Office after a delegation of over 55 Chinese companies' chiefs met with Prime Minis
Published 13 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am
Heads of over 55 Chinese companies meet PM

Heads of over 55 Chinese companies meet PM

Chinese companies have decided to invest $5 billion in various small and medium sized industrial sectors in Pakistan over a period of five years, said the Prime Minister''s Office after a delegation of over 55 Chinese companies'' chiefs met with Prime Min
Published 13 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 12, 2019).

Published 13 Jul, 2019 12:00am
PML-N seeks Nawaz's release

PML-N seeks Nawaz's release

The Pakistan Muslim League-Nawaz (PML-N) has called for declaring the verdict in Al-Azizia reference against former Prime Minister Nawaz Sharif null and void and his release forthwith following the Islamabad High Court (IHC)'s decision to remove accountab
Published 13 Jul, 2019 12:00am
PML-N seeks Nawaz's release

PML-N seeks Nawaz's release

The Pakistan Muslim League-Nawaz (PML-N) has called for declaring the verdict in Al-Azizia reference against former Prime Minister Nawaz Sharif null and void and his release forthwith following the Islamabad High Court (IHC)'s decision to remove accountab
Published 13 Jul, 2019 12:00am
Ministry asked to withdraw Malik's services

Ministry asked to withdraw Malik's services

Acting Chief Justice Islamabad High Court (IHC) on Friday wrote to the Ministry of Law and Justice to withdraw Arshad Malik's services as judge of the Accountability Court, Islamabad, in the aftermath of the leaked video. Arshad Malik, who met the acting
Published 13 Jul, 2019 12:00am
Ministry asked to withdraw Malik's services

Ministry asked to withdraw Malik's services

Acting Chief Justice Islamabad High Court (IHC) on Friday wrote to the Ministry of Law and Justice to withdraw Arshad Malik's services as judge of the Accountability Court, Islamabad, in the aftermath of the leaked video. Arshad Malik, who met the acting
Published 13 Jul, 2019 12:00am
US House votes to curb Trump powers to start Iran war

US House votes to curb Trump powers to start Iran war

The US House of Representatives voted Friday to restrict President Donald Trump's ability to attack Iran, voicing fear that his hawkish policies are pushing toward a needless war. The Democratic-led House approved an amendment on a broad defense bill that
Published 13 Jul, 2019 12:00am
US House votes to curb Trump powers to start Iran war

US House votes to curb Trump powers to start Iran war

The US House of Representatives voted Friday to restrict President Donald Trump's ability to attack Iran, voicing fear that his hawkish policies are pushing toward a needless war. The Democratic-led House approved an amendment on a broad defense bill that
Published 13 Jul, 2019 12:00am
Rise in inflation
Currency

Rise in inflation

It is sad to note the rate of inflation in Pakistan continues to be at a high level and its prospects in the ongoing year are also disturbing. According to the latest data released by the Pakistan Bureau of Statistics (PBS), average rate of inflation duri
Updated 13 Jul, 2019 06:45am
Opposition moves

Opposition moves

The opposition Rehbar Committee constituted after the Multi-Party Conference (MPC) declared its intent to move a no-confidence motion in the Upper House to remove Senate Chairman Sadiq Sanjrani. The opposition decided to have Akram Durrani as the convener
Updated 13 Jul, 2019 06:45am
It's time to make bold decisions - II

It's time to make bold decisions - II

Economies that are afflicted by a high-level of corruption - which involves the misuse of power in the form of money or authority to achieve certain goals in illegal, dishonest or unfair ways, are not capable of prospering as fully as those with a low lev
Published 13 Jul, 2019 12:00am
Economic Survey - interesting bits
Exchange

Economic Survey - interesting bits

It is rather boring to belong to a small minority, if not the only one, who reads the Economic Survey; you miss out on the debate. And while on the subject of debates, undoubtedly, if everyone agreed with everyone else, there can be no debate; disagreemen
Published 13 Jul, 2019 12:00am
Turkey drills off Cyprus in bid for regional influence

Turkey drills off Cyprus in bid for regional influence

When Turkey dispatched a second ship to drill for oil and gas in disputed waters off Cyprus last month, it drew fire not just from rival Nicosia but also the rebuke of Western allies and threats of EU sanctions.
Published 13 Jul, 2019 12:00am
Record home remittances

Record home remittances

Workers' remittances seem to have again come to our rescue. According to media reports, the country has received record $21.84 billion inflows of home remittances during the last fiscal year (FY19) supported by higher inflows from the US, the UK and Saudi
Published 13 Jul, 2019 12:00am
Lahore traders' strike against taxation measures today

Lahore traders' strike against taxation measures today

Like other parts of the country, the business community under the leadership of All Pakistan Anjuman-e-Tajran (APAT) will observe a complete shutter-down strike in Lahore today to press the ruling Pakistan Tehreek-e-Insaf (PTI) government for withdrawal o
Published 13 Jul, 2019 12:00am
Electricity issues: Lesco to hold public hearings

Electricity issues: Lesco to hold public hearings

The Lahore Electric Supply Company (LESCO) management would hold public hearings on electricity issues in all its circles on Saturday (today). The public hearings for recording complaints relating to electricity bills and other issues are being organized
Published 13 Jul, 2019 12:00am
Hafiz Saeed, seven aides move LHC for quashing of FIRs

Hafiz Saeed, seven aides move LHC for quashing of FIRs

Jamatud Dawa (JuD) chief Hafiz Muhammad Saeed and his seven aides have moved a petition before the Lahore High Court against cases registered against them on charges of terror financing and describing them as members of proscribed Lashkar-e-Tayyaba (LeT).
Published 13 Jul, 2019 12:00am
German youth envoy visits Alhamra Art Centre

German youth envoy visits Alhamra Art Centre

German's Youth Ambassador Marion Pfennigs visited Lahore Arts Council (LAC) and took keen interest in the diverse sections of the Lahore Arts Council here on Friday at Alhamra Art Centre. This message was expressed during a meeting between Executive Direc
Published 13 Jul, 2019 12:00am
KU entry test for PhD, MPhil, MD programmes on Sunday

KU entry test for PhD, MPhil, MD programmes on Sunday

University of Karachi's registrar Prof Dr Saleem Shahzad on Friday announced that KU Entry Test for MPhil, PhD, MS (Surgery) and MD (Medicine) would be held on Sunday July 14. The KU had received 3,803 forms against the total 2,028 available seats. Of the
Published 13 Jul, 2019 12:00am
NUST Summer School 2019 concludes

NUST Summer School 2019 concludes

The closing ceremony of NUST Summer School 2019 was held at NUST School of Electrical Engineering & Computer Science (SEECS) here on Friday, July 12, 2019. As many as 114 secondary school and intermediate students from different cities and towns across th
Published 13 Jul, 2019 12:00am
12 killed as vehicle plunges into ravine in Kamila

12 killed as vehicle plunges into ravine in Kamila

At least 12 people were killed when their vehicle plunged into a ravine in Kamila in Upper Kohistan on Thursday night. According to District Police Officer Raja Mohammad Saboor, 12 members of the same family were travelling from Seo to Kamila when their v
Published 13 Jul, 2019 12:00am
Family visits Sabika Aziz's school in Texas
Exchange

Family visits Sabika Aziz's school in Texas

The family of a Pakistani exchange student who was one of 10 people killed in a mass shooting at a Texas high school last year travelled to the US and visited the school and community this week, wanting to learn more about the nine months she had spent th
Published 13 Jul, 2019 12:00am
Adviser favours financial review of donor-funded hydel projects

Adviser favours financial review of donor-funded hydel projects

Adviser to KP CM on Energy and Power, Himayatullah Khan has said that financial review of the hydropower projects constructed with the financial assistance of World Bank (WB) and Asian Development Bank (ADB) should be made in any circumstances to maximum
Published 13 Jul, 2019 12:00am
US needs to maintain strong military ties with Pakistan: General Milley

US needs to maintain strong military ties with Pakistan: General Milley

The United States needs to maintain strong military ties with Pakistan, General Mark Milley, President Trump's nominee to head the US forces said in Senate hearing. US General wants ties with Pakistan based on the shared interests of the two countries. Ge
Published 13 Jul, 2019 12:00am
Commission for FCCI elections formed

Commission for FCCI elections formed

Mian Aftab Ahmed of M/s Hilal textiles corporation Pvt Ltd, Muzzamil Sultan of M/s Sultan Trading Company and Chaudhry Muhammad Nawaz of M/s Ahmed Nawaz Weaving Factory appointed as an election commission for the FCCI Election 2019-20 for the seven corpor
Published 13 Jul, 2019 12:00am