News Archives for Print - 2019-11-26

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Print - 2019-11-26

Stocks

Bulls take control of PSX: BRIndex100 keeps rising

Pakistan Stock Exchange Monday witnessed a bullish trend on the back of healthy buying in various sectors.

Published 26 Nov, 2019 12:00am

Hafeez describes job creation as major challenge

Advisor to Prime Minister on Finance Abdul Hafeez Shaikh said on Monday that the country had not performed well historically in attracting foreign direct investment (FDI), export growth and infrastructure development; however, platform has now been create

Published 26 Nov, 2019 12:00am

Draft authority law seeks repeal of FBR law

The draft Federal Revenue Authority Act 2020 has proposed to reconstitute Federal Board of Revenue (FBR) into Federal Revenue Authority (FRA) to make it a service-oriented organization, with job protection to existing employees, and greater autonomy and p

Published 26 Nov, 2019 12:00am

ECP to hear PTI foreign funding case today

The Election Commission of Pakistan (ECP) is scheduled to hear today (Tuesday) an all important five-year old foreign funding case after a gap of 20 months, which involves the ruling party Pakistan Tehreek-e-Insaf (PTI).

Published 26 Nov, 2019 12:00am

LVMH puts ring on jeweller Tiffany in $16.2 billion union

Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet, as the French luxury goods maker bets it can restore the US jeweller's lustre by investing in stores and new collections.

Published 26 Nov, 2019 12:00am

CPEC: Pakistan has sovereign right to decide its future: US envoy

The US ambassador to Pakistan Monday said the remarks on CPEC by US Assistant Secretary of State for South Asia were meant to generate debate however it was Pakistan's sovereign right to decide its future.

Published 26 Nov, 2019 12:00am

Mega money laundering case: Supplementary reference filed against Zardari, Faryal

The National Accountability Bureau (NAB) Monday filed a supplementary reference against former president Asif Ali Zardari, his sister Faryal Talpur and other accused in connection with the mega money laundering case.

Published 26 Nov, 2019 12:00am

Nawaz's departure to London: Cabinet to discuss situation today

The federal cabinet which is scheduled to meet on Tuesday (today), will discuss the fallout from Nawaz Sharif's departure to London for treatment.

Published 26 Nov, 2019 12:00am

Industrial properties belonging to family members of Shahbaz NAB orders seizure

National Accountability Bureau (NAB) Director General Lahore Shahzad Saleem has ordered to seize all industrial properties belonging to the family members of the Leader of Opposition in National Assembly Shahbaz Sharif in "assets beyond means case".

Published 26 Nov, 2019 12:00am

'Clean and Green Pakistan': PM pledges yearly increase in allocation for initiative

Prime Minister Imran Khan Monday launched 'Clean and Green Pakistan' initiative across the country and pledged yearly increase in budgetary allocation for this purpose, saying that the people have started gradually paying taxes and the government's revenu

Published 26 Nov, 2019 12:00am

Katchi abadies: CDA constitutes vigilance teams

Capital Development Authority (CDA) has ensured strict monitoring to curtail/stop the further expansion of Katchi Abadies of Islamabad.

Published 26 Nov, 2019 12:00am

European police attack Islamic State's online presence

European police agencies have knocked out several internet servers used by Islamic State in a significant blow to the armed group's ability to spread propaganda online, the Europol police agency said on Monday. The move shut down a large number of account

Published 26 Nov, 2019 12:00am

Musharraf high treason case: Interior Ministry moves IHC against verdict announcement

The Interior Ministry on Monday approached the Islamabad High Court (IHC) against the reserving of judgment by Special Court against former army chief General Pervez Musharraf (retd) in the high treason case.

Published 26 Nov, 2019 12:00am

Arab ministers reject US decision on Israeli settlements

Arab foreign ministers on Monday said they "reject" the US decision that it no longer considers Israeli settlements on the occupied West Bank illegal.

Published 26 Nov, 2019 12:00am

Imran, Awan discuss foreign funding case

Amid reports of expressing no-confidence in Chief Election Commissioner (CEC), Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan on Monday called on Prime Minister Imran Khan and discussed foreign funding case against the party.

Published 26 Nov, 2019 12:00am

Deadline for filing ST, FED returns extended to November 29

The Federal Board of Revenue (FBR) has extended date of submission of sales tax and Federal Excise return up to November 29, 2019 for the tax period of October, 2019.

Published 26 Nov, 2019 12:00am

Lieutenant-General Sahir appointed Chief of General Staff

The Inter-Services Public Relations (ISPR) has announced major appointments and postings on Monday, according to which Lieutenant General Sahir Shamshad Mirza has been appointed Chief of General Staff.

Published 26 Nov, 2019 12:00am

Mobile phones: Recommendations for import tabled before cabinet, Senate body told

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi Monday said that recommendation for allowing duty free import of mobile phones under Baggage Rules would be tabled before the federal cabinet.

Published 26 Nov, 2019 12:00am

Qatar Emiri Guard Commander meets COAS

Commander Qatar Emiri Guard, Staff Maj General Hazzaa Bin Khalil Bin Mansour Al-Shahwani on Monday called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at GHQ.

Published 26 Nov, 2019 12:00am

Army chief: SC to take up petition against extension in tenure today

A three-judge bench, headed by Chief Justice Asif Saeed Khan Khosa, will take up a petition against the extension in the tenure of Army Chief General Qamar Javed Bajwa today (Tuesday).

Published 26 Nov, 2019 12:00am

Arbitrator dismissed claim against CPPA-G

Central Power Purchasing Agency ("CPPA-G") and three subsidiaries of Zonergy Company Limited ("Zonergy") approached the London Court of International Arbitration ("LCIA") earlier this year to agitate their disputes under three identical Energy Purchase Ag

Published 26 Nov, 2019 12:00am

Letters

China says 'not afraid' to fight

That the former 'middle kingdom' has become increasingly assertive in global affairs is a fact that has found its best expression from President Xi Jinping's remarks that his country wants to reach an initial trade deal with the United States but is "not

Published 26 Nov, 2019 12:00am

Articles

New Tariff Policy - a formidable challenge

Federal Cabinet has approved National Tariff Policy 2019-24 to be implemented in a period of five years starting from the Budget 2020-21. Easy passing a policy but harder to put it in action. It is a major development to reduce the anti-export bias in our

Published 26 Nov, 2019 12:00am

Articles

War of words on CPEC

US Assistant Secretary of State for South Asia Alice Wells virtually put the cat amongst the pigeons in a speech at the Wilson Center in Washington on November 22, 2019 in which she cautioned and warned Pakistan about the pitfalls of the China Pakistan Ec

Published 26 Nov, 2019 12:00am

Articles

The downside of Pakistan's economy

The government has recently been making frequent positive statements about on-going developments in the economy. Rightfully, success in the process of stabilization has been highlighted. The current account in the balance of payments was transformed into

Published 26 Nov, 2019 12:00am

New terms of endearment?

Relations between Pakistan and the US seem to have taken a turn for the better since the Pakistan Tehreek-i-Insaaf government of Prime Minister (PM) Imran Khan came to power last year. The latest positive development in these relations is the prisoner exc

Updated 26 Nov, 2019 06:26am

Revenue shortfall and FBR

The revenue shortfall for the first four months of 2020 has been acknowledged at 164 billion rupees with total collection of 1.28 trillion rupees against the target of 1.44 trillion rupees. If this trend continues, a shortfall of 26 percent against the 5.

Updated 26 Nov, 2019 06:26am

Energy

OGDCL to undertake first shale pilot project next month

The Petroleum Division has tasked Oil and Gas Development Company Limited (OGDCL), a premier oil and gas exploration and production company, to undertake the first shale pilot project next month. The USAID study conducted in 2015 stated that Pakistan hold

Published 26 Nov, 2019 12:00am

Business & Economy

All bogies of trains: NA body for effective fire-fighting system

National Assembly Standing Committee on Railways Monday recommended to the federal government to launch effective fire fighting system at all the bogies of the trains in Pakistan to avoid the incidents like Tezgam Express fire incident and employ at least

Published 26 Nov, 2019 12:00am

IHC withdraws contempt of court notices against Sarwar, Firdous

The Islamabad High Court (IHC) on Monday withdrew contempt of court notices against Federal Minister for Aviation Ghulam Sarwar Khan and Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan after accepting their apolo

Published 26 Nov, 2019 12:00am

Money & Banking

Remittances to grow more, says Prime Minister

Prime Minister Imran Khan Monday said that significant growth in the home remittances was witnessed during the fiscal year 2019, which was expected to grow further in the coming years. The prime minister was talking to a delegation of MoneyGram, headed by

Published 26 Nov, 2019 12:00am

Financial inclusion in Pakistan: Queen Máxima, Qureshi discuss progress

Queen Máxima of the Netherlands, the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), met with Foreign Minister Shah Mahmood Qureshi at the Ministry of Foreign Affairs on Monday to discuss progress of fin

Published 26 Nov, 2019 12:00am

SC seeks details of collection, utilization of GIDC

The Supreme Court has directed the federal government to submit details of collection and utilization of Gas Infrastructure Development Cess under the GIDC Act 2011 and the GIDC Act 2015.

Published 26 Nov, 2019 12:00am

Bilawal, PML-N leadership to attend JUI-F's APC

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari and senior leadership of Pakistan Muslim League-Nawaz (PML-N) and other opposition parties will attend the all-parties conference (APC) called by Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur

Published 26 Nov, 2019 12:00am

Telecommunication

Telenor Pakistan condemns Norway incident

Telenor Pakistan has strongly condemned the desecration of Holy Quran and expresses deepest concern over the unfortunate incident that took place in Norway. The company remains committed to the country and is proud to serve millions of Pakistanis.

Published 26 Nov, 2019 12:00am

Appeal against Al-Azizia reference verdict: IHC grants Nawaz one-day exemption from personal appearance

As the ailing former prime minister Nawaz Sharif dashed off to the UK for treatment, Islamabad High Court (IHC) on Monday granted one-day exemption to him from personal appearance in his appeal against Al-Azizia reference verdict.

Published 26 Nov, 2019 12:00am

Speakers highlight importance of Persian language

There is an urgent need to restore broken link with Persian language to understand Maulana Rumi, Shaikh Saadi and most importantly Allama Iqbal, whose most important poetry is in Persian language, speakers said on Monday, deploring that nowadays, Pakistan

Published 26 Nov, 2019 12:00am

Murad constitutes taskforce to counter drug peddling in schools

Sindh Chief Minister Syed Murad Ali Shah, in order to control penetration of narcotics into cities and into the educational institutions in particular, has constituted a high-power Taskforce under his command; the taskforce would be called as `Chief Minis

Published 26 Nov, 2019 12:00am

'Good' opportunities exist for US investors: USDA agriculture counselor

Agricultural Counsellor of United States Department of Agriculture (USDA) Rey Santella has said good opportunities for US investors exist in Pakistan where they can surely explore trade and investment opportunities in numerous sectors including the agricu

Published 26 Nov, 2019 12:00am

Taxes

Sindh E&T dept collects Rs22.517bn till October 31

Sindh Excise and Taxation department on Monday claimed to have collected Rs 22.517 billion up to October 2019.

Published 26 Nov, 2019 12:00am

Assets beyond means case: SHC reserves judgment on Durrani's bail plea

Sindh High Court (SHC) on Monday reserved the judgment on the bail pleas of Agha Siraj Durrani, Speaker Sindh Assembly and others in "assets beyond means" case. The SHC bench headed by Justice Omar Sial reserved the decision after Siraj Durrani, his broth

Published 26 Nov, 2019 12:00am

Money & Banking

NIFT signs agreement with Bank Alfalah on digital financial services

In an effort to promote Digital Financial Services (DFS) in Pakistan, National Institutional Facilitation Technologies (NIFT), an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, has signed an agreement wi

Published 26 Nov, 2019 12:00am

Energy

KE, Engro Energy sign MoU to set up Karachi's first waste-to-energy plant

Aimed at reducing the climate change impact by converting Karachi's municipal solid waste into indigenous and renewable resource of energy, K-Electric and Engro Energy signed a memorandum of understanding (MoU) to develop a 50MW Solid Waste to Energy Plan

Published 26 Nov, 2019 12:00am

Free eye camp held at Police Lines in Hyderabad

Divisional Commissioner Hyderabad Mohammed Abbas Baloch along with DIG Hyderabad Naeem Ahmed Shaikh visited free Eye Camp established by Lions club Hyderabad at Police Line Hyderabad today.

Published 26 Nov, 2019 12:00am

Two rangers personnel martyred in road accident

Two Rangers personnel were martyred when their vehicle turned turtle at the National Highway in Pano Aqil on Monday. According to the Rangers spokesman, the accident occurred with the vehicle, when it was on its way to Sukkur from Pano Aqil.

Published 26 Nov, 2019 12:00am

Seafood export surges by 18.11 percent to $129.655 million

Pakistan's seafood export surged by 18.11 percent to $129.655 million in July-Oct 2019, according to official figures. Increase in seafood export now stands at $19.879 million in July-Oct 2019 from $109.776 million in July-Oct 2018, Pakistan Bureau of Sta

Published 26 Nov, 2019 12:00am

Provision of gas, jobs to local people: Federal, Sindh govts asked to explain CCI decisions

Sindh High Court (SHC) on Monday issued notices to Federal and Sindh Governments to explain about the decisions of Council of Common Interests (CCI) viz-a-viz provision of gas to the localities, falling in the radius of five kilometers of gas fields in th

Published 26 Nov, 2019 12:00am

CJCSC General Zubair Hayat pays farewell call on PM

Chairman Joint Chiefs of Staff Committee General Zubair Mehmood Hayat on Monday paid a farewell call on Prime Minister Imran Khan. The Prime Minister appreciated his long meritorious service for the country. The Prime Minister wished the outgoing CJCSC we

Published 26 Nov, 2019 12:00am

There's conducive environment for foreign investors: KP CM

KP Chief Minister Mahmood Khan Monday said the provincial government is providing conducive business environment to local and foreign investors in multiple sectors including renewable energy, information technology, hydel projects, mines and minerals, tou

Published 26 Nov, 2019 12:00am

Business & Economy

SECP initiates crackdown on companies involved in illegal/unauthorised activities

The Securities and Exchange Commission of Pakistan (SECP), to safeguard interests of common public has initiated winding up proceedings against 6 companies, allegedly involved in illegal and unauthorized business activities.

Published 26 Nov, 2019 12:00am

ECP urged to scrutinize accounts of registered parties on same TORs

Parliamentary Secretary for Railways, Mian Farrukh Habib Monday demanded the Election Commission of Pakistan (ECP) to scrutinize the accounts of all registered political parties on the same terms of reference (ToRs) being followed in the Pakistan Tehreek-

Published 26 Nov, 2019 12:00am

Bizenjo demands safe recovery of 'abducted' Khattak

President National Party Senator Hasil Khan Bizenjo Monday demanded a safe recovery of Idrees Khattak, the party's provincial general secretary of Khyber Pakhtunkhwa who went 'disappeared' on November 13, 2019 from Swabi Interchange.

Published 26 Nov, 2019 12:00am

TME Counsellor & Student Affairs Colloquium: Students briefed about scope for studying in Germany for free

Inge Iqbal, Director German Academic Exchange Service (DAAD) Monday explained Pakistani young students about vast opportunities available to them for studying free of cost in Germany.

Published 26 Nov, 2019 12:00am

Foreign-made system: Security agencies to conduct cyber security audit, vulnerability assessment

The government has involved security agencies to conduct comprehensive cyber security audit and vulnerability assessment of a foreign made system (Sandvine Inc) hired for Web Monitoring System (WMS), it is learnt.

Published 26 Nov, 2019 12:00am

CNS Admiral Abbasi attends 1st Saudi Inernational maritime forum

Chief of the Naval Staff Admiral Zafar Mahmood Abbasi, who was on an official visit to Kingdom of Saudi Arabia, attended 1st Saudi the International Maritime Forum-2019 (SIM Forum-2019) held in Riyadh.

Published 26 Nov, 2019 12:00am

Business & Economy

Second phase of CPFTA: Country has secured enhanced, deeper concessions

Second phase of China-Pakistan Free Trade Agreement (CPFTA) will come into force later this week that is to eliminate tariffs on 313 most priority tariff lines of Pakistan's export. The agreement is in line with the treatment China has given earlier to AS

Published 26 Nov, 2019 12:00am

BTW opens new store at Packages Mall

By The Way - a growing, revolutionary fashion house celebrated its new category launch at Packages Mall on the 20th of November, 2019 in Lahore.

Published 26 Nov, 2019 12:00am

Telecommunication

TCL launches series of mobile & tablet devices

TCL Communication on Monday launched its latest series of mobile and tablet devices in Pakistan, including the flagship Alcatel 3X smartphone and Alcatel Tablet series 3T and 1T.

Published 26 Nov, 2019 12:00am

Energy

Energy sector: LCCI for joint ventures with Chinese cos

Pakistan is anxiously seeking joint ventures in energy sector between Pakistani and Chinese private sectors which would not only help much-needed transfer of technology but would also help bring down cost of production in Pakistan.

Published 26 Nov, 2019 12:00am

Opposition has no public welfare agenda: Buzdar

Labeling the opposition's all parties' conference (APC) as dejected politicians conference (DPC), the Punjab chief minister Sardar Usman Buzdar Monday said that discarded elements will not gain anything out of it, as the opposition has no public welfare a

Published 26 Nov, 2019 12:00am

Faisalabad Literary Festival concludes

The 6th Faisalabad Literary Festival held at Nusrat Fateh Ali Khan Auditorium Art Council has been concluded, which was an amalgamation of artists under one roof. People from all walks of life attended the event that included the participation of famous p

Published 26 Nov, 2019 12:00am

Sarwar says government facing no threat

Governor Punjab Chaudhry Mohammad Sarwar has ruled out any sort of political change in Punjab and said that Prime Minister Imran Khan has already made it clear that administrative change will be made wherever needed in Punjab.

Published 26 Nov, 2019 12:00am

Sehat Insaf Card distributed among over 87,000 so far

Baidarie Sialkot is maintaining satisfactory pace to raise awareness, mobilize communities and enroll beneficiaries for distribution of "Sehat Insaf Cards" in Sialkot. After the process launched on Oct 1, 2019 with the support provided by the district adm

Published 26 Nov, 2019 12:00am

Environment protection: EPD to launch awareness campaign on social media

The Environment Protection Department (EPD) Punjab will launch a campaign on social media for spreading awareness about the damage caused to environment by burning of solid waste, which is a part of the smog action plan.

Published 26 Nov, 2019 12:00am

Shuttle train service will start next week: minister

Minister for Railways (PR) Sheikh Rashid Ahmad has said that the shuttle train service in Lahore will be started in next week.

Published 26 Nov, 2019 12:00am

Punjab PA adopts resolution against desecration of Holy Quran

The Punjab Assembly on Monday unanimously passed a resolution against the desecration of Holy Quran by Norway's extreme right wing group 'Stop the Islamisation of Norway (SION)' in the Norwegian city of Kristiansand.

Published 26 Nov, 2019 12:00am

Two students held for beating up teacher

Two people have been arrested after a video of a teacher being beaten up by a group of students went viral on social media. One suspect, Hamza, has obtained bail. The other two were arrested on Monday by the Cantt police and have been identified as Hassan

Published 26 Nov, 2019 12:00am

Nawaz leaves London Bridge Hospital after check up

Former Prime Minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif has left for home after his check up at London Bridge Hospital.

Published 26 Nov, 2019 12:00am

Business & Economy

Tyre import declines over 50 percent in FY19

The tyre import has slashed by over 50 percent in FY18-19 following increase in duty.

Published 26 Nov, 2019 12:00am

Infrastructure development a must for social, economic uplift: Shamshad

Former caretaker finance minister Dr Shamshad Akhtar has said that infrastructure development is fundamental requirement for social development and economic growth.

Published 26 Nov, 2019 12:00am

CPEC project to help reinforce country's economic uplift: PM

Prime Minister Imran Khan Monday said the China Pakistan Economic Corridor (CPEC) was a flagship project of President Xi Jinping's Belt and Road Initiative (BRI), which would not only help reinforce economic development of Pakistan but also contribute to

Published 26 Nov, 2019 12:00am

Musharraf treason case verdict: LHC questions maintainability of petition

The Lahore High Court on Monday questioned maintainability of a petition on territorial jurisdiction filed against verdict reserved by a special court in high treason case against former president Gen Pervez Musharraf (Retd).

Published 26 Nov, 2019 12:00am

Energy

12 wind power projects worth $1 billion being set up in Sindh

With an estimated cumulative cost of around one billion US dollars, 12 wind power projects of total 610 megawatts electricity are being set up at the Wind Corridor of Sindh.

Published 26 Nov, 2019 12:00am

AC approves 10-day physical remand of former MD PIA Haroon

The Accountability Court hearing the multibillion rupees fake bank accounts case on Monday granted 10 days physical remand of Chairman Overseas Cooperative Society (OCS) Ijaz Haroon to National Accountability Bureau (NAB).

Published 26 Nov, 2019 12:00am

Business & Economy

Important crops: PBIF for putting in place strict monitoring system

Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain has emphasised the need for putting in place a strict monitoring system for important crops to keep their prices stable, ensure availability and look after the interests of g

Published 26 Nov, 2019 12:00am

Ghani negates media reports of deal between PPP, federal government

Sindh Minister for Information, Archives and Labour Saeed Ghani has said that if Pakistan Peoples Party had to sign a deal with anyone, then its leaders would not have suffered so much.

Published 26 Nov, 2019 12:00am

PTI government stands exposed before nation due to incompetency, corrupt policies: Kaira

Pakistan Peoples Party (PPP) leader Qamar Zaman Kaira has said that Prime Minister Imran Khan and his team have been completely exposed in every sector before the nation due to their incompetency and corrupt policies.

Published 26 Nov, 2019 12:00am

25th Amendment did not protect continuation of internment centres: SC

Chief Justice Asif Saeed Khan Khosa has said that there is a question of thousands of people's liberty and survival of the state that is fighting the terrorists, but for that the federal government has to show whether the actions (In Aid of Civil Power) R

Published 26 Nov, 2019 12:00am

Sir Martin Sorrel to speak at AdAsia 2019

Sir Martin Sorrell will be a key note speaker at AdAsia 2019. AdAsia, the 31st Asian Advertising Congress is being held at Lahore from December 2-5, 2019.

Published 26 Nov, 2019 12:00am

Articles

Partly Facetious : 'NP' discrimination

"If I have a legal problem then I listen to my lawyer, if there is a medical problem I listen to the doctor, and if my tooth is hurting I go to the dentist..."

Published 26 Nov, 2019 12:00am

IIUI ASA stages sit-in

International Islamic University Islamabad (IIUI)'s Academic Staff Association (ASA) Monday staged a sit-in at the university's entry gate adjacent to Kashmir Highway for reinstatement of faculty members.

Published 26 Nov, 2019 12:00am

High treason case against Musharraf: Bilawal says 'nation is seeking justice'

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that it is a historic opportunity for the courts and the whole nation is eyeing towards them for justice in the high treason case against a former army chief.

Published 26 Nov, 2019 12:00am

Senior bureaucrat says NAB arresting officials for lapses in processes

Secretary Water Resources Muhammad Ashraf said on Monday that National Accountability Bureau (NAB) is arresting officials on the issue of lapses in processes.

Published 26 Nov, 2019 12:00am

Rs 62 billion Sindh Drainage Project: Re-mobilization of FWO main impediment to progress, Senate body told

Senate Standing Committee on Planning, Development and Reform was informed that main hitch in progress of Rs 62 billion Mega Drainage Project in Sindh was re-mobilization of Frontier Works Organization (FWO) as it had stopped work on the project due to sc

Published 26 Nov, 2019 12:00am

Brief Recordings

'Women inclusion vital for socio-economic development'

Hushed whispers of previous years are talked about more openly today and have even warranted marches in the urban cities of Pakistan. Agree with it or not, but the 'cultural norms' are evolving, naturally more in the urban areas than rural, but the latter

Updated 26 Nov, 2019 06:22am

New leak reveals how China runs Xinjiang camps

Leaked government documents outlining the need to prevent escape, double lock doors and constantly monitor detainees in China's network of internment camps in Xinjiang refute Beijing's defence of "vocational education centres" in the region, experts say.

Published 26 Nov, 2019 12:00am

US calls back ambassador from South Sudan

The United States, a key supporter of South Sudan, said it was calling back its ambassador for consultations as it shows frustration with dueling leaders' failure to form a government.

Published 26 Nov, 2019 12:00am

Turkey tests Russian missile defences despite US threats

Turkey began testing on Monday its Russian missile defence system, local media reported, despite repeated calls from the United States that it could lead to sanctions. Planes, including F-16 fighter jets, circled the Murted military base in Ankara provinc

Published 26 Nov, 2019 12:00am

Erdogan in Qatar calls for 'swift' end to Gulf crisis

Turkish President Recep Tayyip Erdogan Monday said he hoped a dispute between a Saudi-led bloc and Qatar would "swiftly" come to an end amid emerging signs of a possible breakthrough in the Gulf crisis.

Published 26 Nov, 2019 12:00am

Greenhouse gas levels in atmosphere hit new high in 2018: UN

Greenhouse gases levels in the atmosphere, the main driver of climate change, hit a record high last year, the UN said Monday, calling for action to safeguard "the future welfare of mankind".

Published 26 Nov, 2019 12:00am

EU members give nod to Commission without UK

EU members gave the go-ahead Monday for the formation of a 27-strong European Commission without a representative from Britain, which plans to leave the bloc. Meeting in Brussels, ministers from the remaining 27 capitals endorsed commission president-elec

Published 26 Nov, 2019 12:00am

At least 143 killed in Iran protests: Amnesty

At least 143 demonstrators were killed across Iran since leaders ordered security forces to stamp out protests that followed fuel price rises on November 15, Amnesty International said Monday. "According to credible reports those killed include at least 1

Published 26 Nov, 2019 12:00am

Iranians rally en masse against 'rioting'

Supporters of Iran's government poured into central Tehran on Monday for a massive rally to condemn days of "rioting" that the Islamic republic blames on its foreign foes. Waving the Iranian flag and banners that read "Death to America", they descended on

Published 26 Nov, 2019 12:00am

Ousted Navy secretary made secret deal with Trump: Pentagon chief

The US defense secretary Monday defended the decision to sack his navy secretary, saying he went behind his back to make a deal with the White House over a convicted Navy SEAL's future. Mark Esper told reporters Richard Spencer, the Navy's top civilian, a

Published 26 Nov, 2019 12:00am

Tanzania's ruling party sweeps 99 percent of seats in local vote

Tanzania's ruling party won more than 99 percent of seats in local elections that the opposition boycotted for alleged violence and intimidation, according to official figures released on Monday.

Published 26 Nov, 2019 12:00am

Hundreds of Sudanese women march against violence

Hundreds of Sudanese women Monday marched in Khartoum to mark International Day for Eliminating Violence against Women, in the first such rally held in the northeast African country in decades.

Published 26 Nov, 2019 12:00am

Arab Israeli handed life sentence for murder of settler

An Arab Israeli has been sentenced to life in prison for the "nationalistically motivated" murder of an Israeli settler in the occupied West Bank last year, a court said.

Published 26 Nov, 2019 12:00am

Chemical warfare watchdog defends Syria report

The head of the world's chemical weapons watchdog on Monday defended a report into an alleged chlorine attack in Syria, despite a whistleblower's allegations of a cover-up.

Published 26 Nov, 2019 12:00am

Money & Banking

Russia's month-end taxes support rouble

The Russian rouble firmed slightly on Monday, buoyed by month-end tax payments that usually prompt export-focused companies to convert their foreign currency revenues to meet local duties.

Published 26 Nov, 2019 12:00am

Money & Banking

Dollar, export-focussed units up in Asia

The dollar and export-focused currencies edged higher on Monday on broadly upbeat headlines about US-China trade talks, while the pound climbed on hopes of an imminent Brexit and an end to years of political paralysis.

Published 26 Nov, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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