I would like to welcome all the delegates who are attending our 5th Pakistan Edible Oil Conference (PEOC 2020). It is indeed an honor for Pakistan to organize this conference.
On behalf of Pakistan Edible Oil Refiners Association (PEORA), I would like to welcome all the delegates who are attending 5th Pakistan Edible Oil Conference (PEOC). It is indeed an honor for Pakistan to organize this Conference.
Alhamdolillah it gives me great pleasure to express my views regarding Pakistan Edible Oil Conference (PEOC) while the 4th conference of its kind was held last year in Karachi, Pakistan. Getting encouragement from the overwhelming success of PEOC 2019, th
While Pakistan has been blessed with many natural blessings like four seasons, good agricultural crops, sea ports, our economy still remain very vulnerable. There are many reasons for our feeble economy, the fundamental reason is our inconsistent policies
Pakistan Edible Oil Conference (PEOC) has now become a regular feature and a great name in the calendar of organizing Edible Oil Conferences all over the World. It indeed gives me great satisfaction being part of the Organizing Committee for holding 5th P
Head coach and chief selector Misbah-ul-Haq has said that the new fitness standards for the Pakistan national cricket team have been set in line with the fitness models of the four of the topmost cricket playing nations.
Tetra Pak and Barry's booked berths in the main final of the HBL Pakistan Polo Cup 2020 after winning their respective semifinals played here at Lahore Polo Club ground on Saturday.
The trophy and logo of the Khyber Pakhtunkhwa Under-21 unveiled in a colourful ceremony at North Waziristan and Dera Ismail Khan Districts with hundreds and thousands of youth turned and enjoyed amidst tight security measures.
Russia's Andrey Rublev defeated Corentin Moutet of France 6-2, 7-6 (7/3) to win the Qatar Open title on Saturday for a third career trophy and a place in the world top 20 for the first time.
Opener Muneeba Ali's 108 runs helped PCB Challengers to a 42-run win over PCB Dynamites in the third match of the National Triangular T20 Women's Cricket Championship on Saturday.
Rafael Nadal and Novak Djokovic will face each other in the final of the inaugural ATP Cup after winning epic three-set matches Saturday to steer Spain and Serbia into the decider.
Southampton gained revenge for 9-0 thrashing at the hands of Leicester in October to continue their resurgence with a 2-1 win at the Foxes, while Chelsea and Manchester United secured comfortable wins in the race for the top-four on Saturday.
World number two Karolina Pliskova will defend her Brisbane International title after edging Naomi Osaka in an epic three-set semi-final at Pat Rafter Arena on Saturday.
Soft wheat exports from French ports reached a seven-year high in December during the on-going transportation strikes that saw loadings at several ports around the country halted intermittently for several days, Refinitiv data showed Thursday.
Brazil's 2020 coffee crop is seen reaching 56.4 million 60-kg bags, 12.9% more than the 2019 production but not a record high, according to the first projection for the new season released on Wednesday by the country's statistics agency IBGE.
ICE Canadian canola futures rose on Thursday, lifted by short-covering and tightening supplies. The short-covering was timed ahead of Friday's US Department of Agriculture (USDA) crop supply and demand report, while Canadian farmers are seen storing canol
Modest trading activity was again witnessed on the cotton market on Saturday owing to short supply of best quality lint, dealers said. The official spot rate maintained overnight level at Rs9000, they added. In ready session, about 2600 bales of cotton ch
China imported a record high monthly volume of liquefied natural gas (LNG) in December, overtaking Japan as the world's top importer of the fuel for a second consecutive month, ship tracking data from Refinitiv Eikon showed on Tuesday.
South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) purchased around 69,000 tonnes of corn in an international tender for the same volume which closed on Thursday, European traders said. The grain can be sourced from any worldwide optional origins b
The US dollar edged lower from four-week highs against the safe-haven Japanese yen and slipped versus the Swiss franc on Friday as possible renewed US-Iran tensions weighed on market sentiment. The greenback was also pressured by weaker-than-expected US p
Britain's pound will gain more than 3% against the dollar this year, supported by interest rate differentials and hopes for a smooth departure from the European Union, a Reuters poll found on Friday.
South Africa's rand weakened against the dollar on Friday as power cuts weighed on the economy, while investors awaited a key interest rate decision from the central bank next week. The rand was trading at 14.2700 per dollar at 1444 GMT, 0.67% weaker than
Latin America's currencies will tread carefully into the new year in the face of continuing political tensions in the region and worries over more protectionist talk in the US presidential election campaign later in 2020, a Reuters poll showed.
Speculators cut their net long bets on the US dollar in the latest week to the smallest position in 18 months, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday.
UK property funds saw a record 2.2 billion pounds ($2.90 billion) withdrawn during 2019, investment funds transaction network Calastone said on Tuesday, equivalent to one in every 15 pounds of assets under management.
US stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gains for the week.
Foreign flows into Asian equities turned positive in 2019 due to diminished fears about a Sino-US trade war and a fall in US interest rates, and analysts expect a recovery in regional economies to help keep the inflows coming in 2020.
European government debt yields dipped on Friday but stayed near one-week highs as fears of conflict in the Middle East dissipated and investors re-focused on a warming of trade relations between the United States and China.
Most Latin American stock markets rose on Friday as easing US-Iran tensions and rising hopes for the signing of a Phase One US-China trade deal lifted sentiment, while Mexico's peso notched a near nine-month high against the dollar.
China's finance ministry will allow local governments to front-load more than 500 billion yuan ($72 billion) in new general purpose bond issuance this year as it encourages investment to support a slowing economy, four sources told Reuters.
The bonds of travel money provider Travelex fell to an eight-month low on Friday after a ratings agency warned about the potential financial hit from a cyber attack last week that crippled its systems.
Portfolio managers ploughed $30.7 billion into emerging market stocks and bonds in December as monetary easing by major central banks and progress in Sino-US trade talks pushed investors to buy riskier assets, the Institute of International Finance said.
Business community is the most important pillar of the economic structure and its role is crucial for economic uplift of the country which is highest priority of the present regime. Government is focusing on best environment for the businesses and joined
Speakers of NGOs Workshop have strongly demanded government to immediately remove multiple hurdles, faced by persons with disabilities in general and women with disabilities in specific to by-pass the disability registration process consequently persons w
Thousands of happy families Saturday turned up at The Millennium Education and Future World School (FWS) Parent Teacher Meetings (PTM) in Twin cities and nationwide campuses which were based on the theme of "Active Citizenship".
Prices of essential kitchen items have witnessed an increasing trend during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday.
Members of Lahore Bar Association on Saturday elected G A Khan Tariq of independent group as president of bar for year 2020-21. Khan secured 3055 votes while his main rival Rana Intizar Hussain of Hamid Khan-led Professional group bagged 2075.
Punjab Governor Chaudhry Mohammad Sarwar has said that the government and the opposition are on same page in the interest of the country. He expressed these views during separate meetings with various delegations, including players and office-bearers of P
Discontinuation of all subsidies on exports has helped Pakistan to increase its value-added exports to 27 percent, said Razak Dawood. Speaking the inaugural ceremony of 5th Pakistan Edible Oil Conference (PEOC) held at a local hotel here, Abdul Razak Dawo
Provincial Minister for Industries & Trade Mian Aslam Iqbal Saturday inaugurated 3rd Pakistan Paper, Stationery & Education Expo-2020 at the Expo Centre.
Russian President Vladimir Putin and German Chancellor Angela Merkel on Saturday called for international efforts to address the escalating crisis in Libya.
Turkey on Saturday asked Russia to convince eastern Libyan strongman Khalifa Haftar to respect a ceasefire initiative by Ankara and Moscow that he has rejected. "We are waiting for our Russian friends to succeed in convincing Haftar," Foreign Minister Mev
Taiwan's President Tsai Ing-wen won a landslide election victory on Saturday as voters delivered a stunning rebuke of Beijing's campaign to isolate the self-ruled island and handed its first female leader a second term.
China on Saturday said a 61-year-old man had become the first person to die from a respiratory illness believed caused by a new virus from the same family as SARS, which claimed hundreds of lives more than a decade ago.
Regime air strikes on Syria's last major opposition bastion killed 18 civilians on Saturday, a war monitor said, a day before a ceasefire is due to take hold. Six children were among the dead in the northwest province of Idlib, where a fresh ceasefire bro
Former Boeing Chief Executive Dennis Muilenburg, who was criticized for his handling of the 737 MAX crisis, will receive no severance package, the company disclosed Friday.
A robotic crib with a mission of preventing sudden infant death syndrome made its appearance this week at the Consumer Electronics Show, part of a growing "baby tech" exhibit.
Hundreds protested across Lebanon on Saturday to denounce a crippling economic crisis and the political deadlock that has left the country without a government for over two months.
France's government Saturday extended a hand to unions waging a crippling, weeks-long transport strike against pension reform, offering to withdraw the most contested proposal that would in effect have raised the retirement age by two years to 64.
Two luxury waterfront high-rises in southern India were reduced to rubble in controlled explosions Saturday in a rare example of authorities getting tough on builders who break environmental rules. The 19-floor H2O Holy Faith complex of 90 flats - overloo
Funeral prayers of martyred DSP Amanullah were offered on Saturday in Quetta's Satellite Town. He was martyred in a blast that took place in a Quetta's Satelite Town mosque, yesterday. The funeral prayers were attended by a large number of people belongin
After the killing of top Iranian commander General Qassem Soleimani the Iranian people showed unity among their rank and file, said Pakistan's former ambassador in Iran Najamuddin Shaikh on Saturday. He was speaking to the members of Pakistan Institute of
"The two-nation theory was the need of hour before the creation of Pakistan and the prevailing situation in the region, particularly in India, has one again proves the importance of the two-nation theory. The United States of America and Russia were also
The 201st meeting of the Syndicate of University of Sindh, Jamshoro was held to discuss and resolve matters relating to smooth conduct of business at the varsity. The meeting was presided over by SU Vice Chancellor Prof Dr Fateh Muhammad Burfat; where-in
A Dubai-bound PIA flight from Lahore was diverted to Muscat after heavy rains lashed Dubai, the airlines said Saturday. Pakistan International Airlines (PIA) Dubai bound-flight, PK-233, was diverted to Muscat due to rough weather conditions in Dubai on Fr
The Privatization Commission along with the management of SME Bank and Financial Advisor AKD Securities Limited held a Road show as part of privatization of SME Bank.
Secretary of the provincial Human Rights department Badar Jameel Mendro has gone missing, according to his family. His wife said there is no clue to her spouse's whereabouts since Friday, adding that she has asked Sindh Chief Minister Murad Ali Shah to tr
A moot to mark 100th birth anniversary of ex-Governor Sindh and founder Humdard Foundation Hakim Muhammad Said was organized by Bazm-e-Arooj Adab and Tehreek Nifaz-e-Urdu in collaboration with Punjab Council of the Arts, Rawalpindi. Senior lawyer Kokab Iq
President of Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain said that the facility of zero-rating should be restored for the export sector, the energy tariff should be revised and the IMF condition of full cost recovery should not
KP Secretary Home & Tribal Affairs, Ikramullah Khan has directed managing director Small Industries Development Board (SIDB) to finalise and submit the PC-I of Small Industrial Estate, Dara Adam Khail (DAK) to provincial development working party (PDWP) a
Over eight cases of various kinds of theft, seven cases of carjacking and one murder case were reported to different police stations of the city during the last week. According to the data gathered by Business Recorder, most 'favorite' areas for the crimi
Pakistan Muslim League-Nawaz (PML-N) Punjab President Rana Sanaullah MNA has rejected the impression that the PML-N had deviated from its narrative of "vote ko izzat do" and made it clear that they stand for "civilian supremacy and giving respect to the v
Jamaat-e-Islami chief Senator Sirajul Haq has said that the sole purpose of the politics of ruling elite is to enjoy power and secure the interest of their own class. In a statement issued from Mansoora on Saturday, he said the politics on the basis of mo
The district administration has launched online home delivery services of vegetables and fruits on government fixed prices under vision of Prime Minister Imran Khan.
The Lahore administration on Saturday carried out a crackdown against profiteers and penalized 58 shop/vendor owners for charging beyond the rates set by the price control committee.
The Amun Taraqqi Party (ATP) on Saturday challenged the recent hike in prices of petroleum products by the government in the Supreme Court (SC) Lahore registry. The party through its legal advisor, Mian Asif Mehmood Advocate challenged the fresh increase
Speaker National Assembly, Asad Qaiser has said that the people are facing hardships due to wrong policies of the past rulers and also attributed the current price-hike and unemployment and others problems to previous rulers.
Special Assistant to the Prime Minister on Information and Broadcasting, Dr Firdous Ashiq Awan Saturday said the government is making all-out efforts to attract tourists and investors from around the world. Talking to mediapersons, she said the provision
General secretary ANP Khyber Pakhtunkhwa and deputy opposition leader in KP Assembly, Sardar Hussain Babak has asked the federal government to announce National Finance Commission (NFC) Award with immediate effect.
Two people were killed and four others were injured during a clash between two tribes in a protest against the induction of Public Health Department Gijal Kohistan.
Jamiat Ulema-i-Islam Fazl (JUI-F) Chief Maulana Fazlur Rehman on Saturday vowed to protect the independence of seminaries. Talking to media Fazlur Rehman said the west has created a negative impression against religious seminaries and it is being said tha
Two years and two days ago in the city of Kasur nine-year-old Zainab Ansari was raped and killed by a serial killer. By then the same area had earned notoriety of being a safe haven for a gang of pedophiles who would force minor girls and boys to perform
The BJP government in New Delhi is desperately trying to counter widespread criticism of the human rights crisis in Indian occupied Jammu and Kashmir (IOJ&K) created by its illegal and immoral action of August 5 and relentless crackdown amid curfews and c
Lately, there is a rift between Federal and Sindh governments on natural gas supply and pricing. The Centre's desire is to have weighted average gas price formula of natural gas in Sindh by inclusion of RLNG in supply, whereas the Sindh government is aski
The passing of Foreign Assets (Declaration and Repatriation) Act, 2018, the Voluntary Declaration of Domestic Assets Act, 2018, promulgation of the Assets Declaration Ordinance, 2019 and later enacted as the Assets Declaration Ordinance, 2019 as part of F
Fearing a backlash from fans, politicians and religious zealots, Bollywood stars have in the past usually steered clear of India's fiery politics. But the country's top actress may have changed that.
It is heartening to note that as many as 10 banks have signed an agreement to establish Pakistan Corporate Restructuring Company Limited (PCRCL) for revival of sick industrial units.
India's new army chief Gen Manoj Mukund Naravane on Saturday said that the Indian army will move to claim Azad Jammu and Kashmir (AJK) if it is given orders in this regard by the parliament, Indian media reported. Speaking to media in New Delhi, Naravane
Former Afghan President Hamid Karzai on Saturday met Pakistan Muslim League-Nawaz (PML-N) Nawaz Sharif in London. According to media reports, Former Afghan President was warmly received by Hussain and Hassan Nawaz at their residence.
The Lahore High Court (LHC) order dated 09-01-2020 to release retired army officer-turned-lawyer Col Inam Ul Rahiem Advocate has been challenged in the Supreme Court. Ministries of Defence and Interior through Additional Attorney General Sajid Illyas Bhat
Two American soldiers were killed in southern Afghanistan on Saturday when a Taliban roadside bomb ripped through an army vehicle, officials said. Two other soldiers were wounded in the attack in Kandahar province, according to NATO's Resolute Support mis
Hundreds of Iraqis on Saturday mourned two reporters shot dead the previous evening in the country's southern city of Basra, where they had been covering months of anti-government protests.
The current wave of terrorist attacks in Balochistan is the outcome of collusion between the Balochistan Liberation Army (BLA) and Daesh with the objective of creating unrest in the country, well-informed sources in the security establishment told Busi
Senior leaders from PTI, PML-N and PPP acknowledged an 'understanding' had been reached to support certain steps in the 'best national interest,' background interviews revealed to Business Recorder.