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Print - 2019-11-16
Government seeks LNG cargo for Feb 2020 delivery
Energy

Government seeks LNG cargo for Feb 2020 delivery

Pakistan issued a tender on Friday to buy a cargo of liquefied natural gas (LNG) for delivery in February 2020, documents from state-owned gas firm Pakistan LNG showed.
Published 16 Nov, 2019 11:00pm
Dawood, others discuss 'future' trade ties with Afghanistan

Dawood, others discuss 'future' trade ties with Afghanistan

Commerce Ministry's team led by Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood and Director General Military Operations on Friday discussed "future" trade (including transit trade) relations wit
Published 16 Nov, 2019 12:00am
Tax evaders: FBR may initiate criminal proceedings

Tax evaders: FBR may initiate criminal proceedings

Some major changes are expected in tax laws to prosecute high-net worth individuals (non-filers) and initiate mandatory criminal proceedings against tax evaders in cases where quantum of tax evasion exceeds Rs 10 million.
Published 16 Nov, 2019 12:00am
FDI reaches $650m in 4 months of FY20

FDI reaches $650m in 4 months of FY20

Finance Division stated on Friday that net Foreign Direct Investment (FDI) reached $650 million in first four months of the fiscal year, reflecting an increase of
Published 16 Nov, 2019 12:00am
PM given briefing

PM given briefing

Prime Minister Imran Khan Friday received a briefing on privatization here.
Published 16 Nov, 2019 12:00am
Duration of one-time permission, amount of bond: Cabinet decision silent

Duration of one-time permission, amount of bond: Cabinet decision silent

The federal cabinet's decision on removal of former Prime Minister Nawaz Sharif's name from the Exist Control List (ECL) is completely silent on duration of one-time permission and amount of surety or indemnity bond, well-informed sources in Interior Mini
Published 16 Nov, 2019 12:00am
Amazon challenges Pentagon's $10bn cloud award to Microsoft

Amazon challenges Pentagon's $10bn cloud award to Microsoft

Amazon.com Inc on Thursday said it is contesting the Pentagon's award of an up to $10 billion cloud computing deal to Microsoft Corp, expressing concern that politics got in the way of a fair contracting process.
Published 16 Nov, 2019 12:00am
Shahbaz's petition admitted for regular hearing

Shahbaz's petition admitted for regular hearing

Rejecting the plea of the federal government a division bench of the Lahore High Court on Friday admitted the petition of Shahbaz Sharif for regular hearing. The petition seeks the removal of name of former Prime Minister Nawaz Sharif from the Exit Contro
Published 16 Nov, 2019 12:00am
PHC restrains JUI-F from blocking roads

PHC restrains JUI-F from blocking roads

The Peshawar High Court (PHC) on Friday restrained the Jamiat Ulema-e-Islam-Fazl (JUI-F) from blocking roads. A bench of the high court gave this restraining order on a petition against the party's agitation drive to press the government into meeting thei
Published 16 Nov, 2019 12:00am
Senate chief urges PM to take action against bureaucrat

Senate chief urges PM to take action against bureaucrat

In a dramatic turn of events, Chairman Senate Sadiq Sanjrani on Friday urged Prime Minister Imran Khan to take action against Secretary Interior Major Azam Suleman Khan (retd) for not showing up at the Senate despite being summoned repeatedly.
Published 16 Nov, 2019 12:00am
Draft ARE Policy 2019 sent for Consideration

Draft ARE Policy 2019 sent for Consideration

Economic Coordination Committee of the Cabinet has sent the draft Alternative & Renewable Energy Policy (ARE) policy 2019 onward for consideration and approval for submission to the Council of Common Interests (CCI), well informed sources told Business
Published 16 Nov, 2019 12:00am
Taliban shifted Western hostages as prisoner swap postponed

Taliban shifted Western hostages as prisoner swap postponed

A plan to swap two Western hostages with three Taliban prisoners has been postponed, an Afghan government official told Reuters on Friday, and Taliban sources said the group had moved the Westerners to a "new and safe place".
Published 16 Nov, 2019 12:00am
Three troops martyred in Quetta's blast

Three troops martyred in Quetta's blast

At least three security force personnel martyred and five others sustained injuries in a blast at Kuchlak's Bypass, 25 km away from provincial capital on Friday.
Published 16 Nov, 2019 12:00am
Fazlur Rahman's 'Plan B'
Letters

Fazlur Rahman's 'Plan B'

After ending his 13-day sit-in at Islamabad's Peshawar Morr neighbourhood Maulana Fazl's protest is quite visible across the country as his supporters are now blocking highways and thoroughfares, severely hampering the movement of traffic.
Updated 16 Nov, 2019 08:35am
Counting trees
Articles

Counting trees

The capacity of pundits to continue debating on the economy week on week is confounding if not irritating; the GDP growth may have improved, or fallen, by 0.001 % since last week, but so what?
Updated 16 Nov, 2019 06:53am
IMF Programme well on track
Articles

IMF Programme well on track

A staff mission of the International Monetary Fund (IMF) concluded its visit to Pakistan last week; it was all praise for authorities for over-performing on first quarter targets under the $6 billion Extended Fund Facility to pave the disbursement of $45
Updated 16 Nov, 2019 05:20am
Fazl losing his astuteness?

Fazl losing his astuteness?

JUI-F chief Maulana Fazlur Rehman is known as an astute politician who always plays it safe. That though seems to be about to change. When he started his 'Azadi March' under the Rahbar Committee, representing different opposition parties, to demand Prime
Updated 16 Nov, 2019 06:50am
Fall in workers' Remittances

Fall in workers' Remittances

According to the latest data released by the State Bank on 12th November, 2019, home remittances sent by overseas Pakistanis declined slightly by dollar 139 million or 1.83 percent to dollar 7.48 billion during July-October, 2019, as compared to dollar 7.
Updated 16 Nov, 2019 06:50am
JUI-F activists block key entry point to twin cities

JUI-F activists block key entry point to twin cities

Like other parts of the country, Jamiat Ulema-e-Islam-Fazl's (JUI-F) activists blocked Chungi No 26 for all kinds of traffic - a key entry point to twin cities of Islamabad and Rawalpindi from Khyber Pakhtunkhwa and other parts of the country - under its
Published 16 Nov, 2019 12:00am
Akram urges UNGA president to help resolve Kashmir dispute

Akram urges UNGA president to help resolve Kashmir dispute

Pakistan's Permanent Representative to the United Nations (UN), Munir Akram has met UN General Assembly President Tijjani Muhammad-Bande and apprised him regarding the deteriorated situation of the Indian occupied Jammu and Kashmir (IOJ&K).
Published 16 Nov, 2019 12:00am
India under pressure after Tom Lantos rights commission hearing: Qureshi

India under pressure after Tom Lantos rights commission hearing: Qureshi

Foreign Minister Shah Mahmood Qureshi has said that India has come under 'tremendous' psychological pressure due to the Thursday's hearing of Tom Lantos Human Rights Commission of the US Congress which expressed serious concern over the situation in Occup
Published 16 Nov, 2019 12:00am
COAS visits Frontier Corps HQs

COAS visits Frontier Corps HQs

Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday visited Frontier Corps Headquarters and laid floral wreath on martyrs' monument.
Published 16 Nov, 2019 12:00am
Opposition to withdraw 'no-trust motion' against dy speaker

Opposition to withdraw 'no-trust motion' against dy speaker

In a rare show of unity in the National Assembly, the opposition on Friday agreed to withdraw a no-trust motion against deputy speaker after the government acceded to its demand of holding a debate on the ordinances which were previously passed hurriedly
Published 16 Nov, 2019 12:00am
DG Rangers vows to prepare security plan for SITE area

DG Rangers vows to prepare security plan for SITE area

Director General, Pakistan Rangers Sindh, Major General Omer Ahmed Bokhari has said that he will prepare a revised & comprehensive security plan for SITE area in consultation with Sector Commander and Wing Commander.
Published 16 Nov, 2019 12:00am
SHC directs CS to enforce Curriculum Policy 2006 in Sindh

SHC directs CS to enforce Curriculum Policy 2006 in Sindh

Sindh High Court (SHC) has directed the authorities concerned to implement Curriculum Policy 2006 in Sindh and ordered the Chief Secretary to form a committee for its early enforcement in the province.
Published 16 Nov, 2019 12:00am
Gold prices fall

Gold prices fall

Gold prices on Friday dropped by Rs 250 per tola to Rs 86200 on the local market, traders said. Now, the precious metal is selling for Rs 73903 per 10 grams down by Rs 214 on the local market, while its price on the world market was quoted $1466 an ounce.
Published 16 Nov, 2019 12:00am
Blocking of road: FIR registered against JUI-F leaders

Blocking of road: FIR registered against JUI-F leaders

Sindh Police on Friday registered an FIR against JUI-F leaders for blocking the Hub River Road. The FIR was registered at Mouchko Police Station on behalf of the State. JUI-F leaders including its Provincial General Secretary Maulana Rashid Mehmood Soomro
Published 16 Nov, 2019 12:00am
SLR limit doesn't apply to floating rate PIBs: SBP
Money & Banking

SLR limit doesn't apply to floating rate PIBs: SBP

The State Bank of Pakistan (SBP) Friday announced that Statutory Liquidity Requirement (SLR) eligibility limit of 15 percent for banks and 5 percent for DFIs on Pakistan Investment Bonds (PIBs) will not be applicable to floating rate PIBs.
Published 16 Nov, 2019 12:00am
Oxford University holds discussion on Pak-US ties

Oxford University holds discussion on Pak-US ties

Oxford University hosted a discussion on Pakistan's relationship with the United States and its investment potential with Ambassador Ali J. Siddiqui, Pakistan's Ambassador At-Large for Foreign Investment and former Ambassador to the United States.
Published 16 Nov, 2019 12:00am
KATI chief optimistic about Pak-China FTA-II
Business & Economy

KATI chief optimistic about Pak-China FTA-II

Korangi Association of Trade and Industry (KATI) president Sheikh Umer Rehan has said that after execution of China Pakistan Free Trade Agreement (CPFTA-II) from 1st of Dec this year, not only the exports would expend we hope it would be proved a great le
Published 16 Nov, 2019 12:00am
Pakistan Pavilion wins praise at ADIPEC
Energy

Pakistan Pavilion wins praise at ADIPEC

Pakistan grabbed the limelight at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), one of the world's most influential energy sector events, held from 11-14 November 2019 in Abu Dhabi National Exhibition Centre (ADNEC), United Arab
Updated 16 Nov, 2019 06:57am
Vaccination against 'superbug' typhoid outbreak begins

Vaccination against 'superbug' typhoid outbreak begins

Government began vaccinating millions of children against typhoid on Friday to try to control a drug-resistant superbug outbreak of the fever that has already infected some 11,000 people since 2016 and risks spreading internationally.
Published 16 Nov, 2019 12:00am
PUASA to protest stoppage of backdated postings in PU

PUASA to protest stoppage of backdated postings in PU

Punjab University Academic Staff Association had demanded of Punjab Governor Chaudhry Muhammad Sarwar to withdraw notification stopping backdated appointment of PU faculty members otherwise teachers would launch protest movement.
Published 16 Nov, 2019 12:00am
UET convocation on 19th

UET convocation on 19th

The 26th convocation of University of Engineering and Technology (UET) Lahore will be held on November 19 followed by the rehearsal on Monday 18th November at university auditorium. In this regard a meeting, chaired by the worthy Vice Chancellor Professo
Published 16 Nov, 2019 12:00am
Punjab govt to promote construction sector: CS

Punjab govt to promote construction sector: CS

Punjab Chief Secretary Yousaf Naseem Khokhar has said that revival and promotion of construction sector is among priorities of the government; all possible cooperation would be extended to resolve problems being faced by this important sector.
Published 16 Nov, 2019 12:00am
CM vows to make Punjab exemplary province for minorities' welfare

CM vows to make Punjab exemplary province for minorities' welfare

The chief minister Sardar Usman Buzdar on Friday said that Punjab is being made an exemplary province with regard to protection of minorities' rights while the Punjab Minority Package would prove to be an exemplary programme with regard to minorities' wel
Published 16 Nov, 2019 12:00am
PTI govt to complete constitutional term till 2023: Sarwar

PTI govt to complete constitutional term till 2023: Sarwar

Governor Punjab Chaudhry Mohammad Sarwar on Friday said that every conspiracy for political instability in the country will fail and the Prime Minister Imran Khan and the PTI government will complete their constitutional term till 2023.
Published 16 Nov, 2019 12:00am
ABL-IBG holds customer awareness sessions at Bahawalpur
Money & Banking

ABL-IBG holds customer awareness sessions at Bahawalpur

Creating awareness and developing clear understanding of the subject of Islamic Banking among the masses is one of the basic key factors that may bring about tremendous success towards the growth of Islamic banking industry. In this regard, Allied Bank Li
Updated 16 Nov, 2019 07:09am
NUST crosses '500 patents filed and 100 patents awarded' mark

NUST crosses '500 patents filed and 100 patents awarded' mark

Riding the wave of successive accomplishments and drifting towards financial sustainability, National University of Sciences & Technology (NUST) has gotten yet another jump on its peers by being the first Pakistani university to cross the figure of 500 fi
Published 16 Nov, 2019 12:00am
NA okays LDC's Constitution

NA okays LDC's Constitution

Speaker National Assembly Asad Qaiser has approved constitution of Legislative Drafting Council (LDC) in the National Assembly.
Published 16 Nov, 2019 12:00am
Nai Gaj dam project: Wapda blames MoPD&R for delay, cost escalation
Energy

Nai Gaj dam project: Wapda blames MoPD&R for delay, cost escalation

Water and Power Development Authority (WAPDA) has blamed Ministry for Planning, Development and Reforms for causing delay and subsequent cost escalation in Nai Gaj dam project. Senior WADPA officials while briefing the Senate Standing Committee on Plannin
Updated 16 Nov, 2019 07:04am
Successes of USPCAS-E celebrated
Energy

Successes of USPCAS-E celebrated

The United States is a steadfast and long-term partner of Pakistan, especially in the area of energy sector development. On Thursday, November 14, leaders from academia, the private sector, and government celebrated the successes of this partnership: the
Updated 16 Nov, 2019 07:07am
Protest-swept Iraq will never be the same: top cleric

Protest-swept Iraq will never be the same: top cleric

Iraq will never be the same following the weeks of demonstrations in Baghdad and the country's south demanding sweeping reform, its top Shia cleric said Friday in his most emphatic endorsement yet of the protest movement.
Published 16 Nov, 2019 12:00am
Russia's RT state TV accuses Facebook of 'censorship'
IT & Computers

Russia's RT state TV accuses Facebook of 'censorship'

The chief of Russian state-funded broadcaster RT on Friday said Facebook was deliberately blocking posts from its documentary channel, accusing the social media giant of "censorship"
Published 16 Nov, 2019 12:00am
St Mark's closed after fresh flood hits Venice

St Mark's closed after fresh flood hits Venice

Another exceptional high tide swamped flood-hit Venice on Friday, prompting the mayor to order St Mark's square closed after Italy declared a state of emergency for the UNESCO city.
Published 16 Nov, 2019 12:00am
NASA overpaid Boeing by hundreds of millions of dollars: auditor

NASA overpaid Boeing by hundreds of millions of dollars: auditor

NASA "overpaid" Boeing by hundreds of millions of dollars on a fixed contract to develop a spaceship to carry astronauts to the International Space Station (ISS), an audit report has said, compensation it called "unnecessary."
Published 16 Nov, 2019 12:00am
Fears grow on digital surveillance

Fears grow on digital surveillance

Americans are increasingly fearful of monitoring of their online and offline activities, both by governments and private companies, a survey showed Friday.
Published 16 Nov, 2019 12:00am
Lithuania, Norway swap spies with Russia at border

Lithuania, Norway swap spies with Russia at border

Russia on Friday returned two Lithuanians and a Norwegian convicted of espionage to Vilnius in a espionage swap that also saw NATO and EU member Lithuania free two Russians jailed for spying in an exchange reminiscent of the Cold War.
Published 16 Nov, 2019 12:00am
Kenya, Somalia, agree to normalise ties after tensions

Kenya, Somalia, agree to normalise ties after tensions

Kenya and Somalia have agreed to "normalise" relations and start reissuing travel visas to each other's citizens after a long-running dispute over marine borders strained ties between the neighbours.
Updated 16 Nov, 2019 07:37am
UN renews C Africa peacekeeping mission

UN renews C Africa peacekeeping mission

The United Nations Security Council extended the UN's peacekeeping mission in the violence-plagued Central African Republic for another year on Friday.
Updated 16 Nov, 2019 07:01am
South African rand jumps
Money & Banking

South African rand jumps

South Africa's rand powered to its firmest all week against the dollar on Friday as risk appetite globally was lifted after a US official said a trade deal with China was getting close.
Updated 16 Nov, 2019 07:05am
Yen slips, trade-linked currencies rise in Europe
Money & Banking

Yen slips, trade-linked currencies rise in Europe

Optimism that the United States and China may soon end their trade war after White House economic advisor Larry Kudlow said a deal was "getting close" lifted trade-exposed currencies on Friday at the expense of safe-haven assets such as the yen.
Updated 16 Nov, 2019 07:05am
Dollar falls, yen rises in New York
Money & Banking

Dollar falls, yen rises in New York

The US dollar fell against the Japanese yen on Thursday as investors pushed into safe-haven assets on reports the United States and China were struggling to finalize a "phase one" trade deal and as the domestic impeachment inquiry into US President Donald
Updated 16 Nov, 2019 07:05am
Sterling jumps against dollar
Money & Banking

Sterling jumps against dollar

Sterling rose to a 10-day high against the US dollar on Friday as Brexit Party candidates stood down from over 40 seats not held by the Conservative Party, which traders saw as a move that would help the Conservatives gain a majority in the upcoming UK el
Updated 16 Nov, 2019 07:18am
Aussie loses out as kiwi gets the yield advantage
Money & Banking

Aussie loses out as kiwi gets the yield advantage

The Australian dollar was heading for heavy weekly losses on Friday as rate-cut risk returned with a vengeance, while its New Zealand neighbour went the other way after a policy easing was ruled out for at least a couple of months.
Updated 16 Nov, 2019 07:18am
Quaid-e-Azam Trophy final to be played from December 27
Cricket

Quaid-e-Azam Trophy final to be played from December 27

The final of the first-class Quaid-e-Azam Trophy has been rescheduled and will be played from December 27 to 31 at Karachi's National Stadium, the Pakistan Cricket Board's domestic cricket department announced on Friday.
Published 16 Nov, 2019 12:00am
BT Sport retains Champions League rights
Other

BT Sport retains Champions League rights

BT Sport has retained exclusive UK broadcast rights to UEFA's European club competitions after agreeing a reported 1.2 billion ($1.5 billion) deal on Friday.
Published 16 Nov, 2019 12:00am
DC Faisalabad applauds, rewards snooker champion Asif
Other

DC Faisalabad applauds, rewards snooker champion Asif

Divisional Commissioner Mehmud Javed Bhatti received World Champion snooker player Muhammad Asif at his office who has reached Faisalabad after winning the World Champion Trophy. This championship was played in Turkey and players of 44 countries of the wo
Published 16 Nov, 2019 12:00am
Army clinch overall athletic trophy of National Games
Other

Army clinch overall athletic trophy of National Games

Pakistan Army has won the overall athletic trophy with 870 points, followed by Pakistan Wapda 828 and Pakistan Air Force 85 remained at third and Khyber Pakhtunkhwa with 76 points got fourth position.
Published 16 Nov, 2019 12:00am
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