News Archives for Print - 2020-01-18

Print - 2020-01-18

Rs 28 billion disbursed as cash transfers under BISP

The government disbursed Rs 28 billion as cash transfers under the Benazir Income Support Program (BISP) - 32 percent of the total budgeted Rs 120 billion earmarked during the first three months of the year, stated Dr Sania Nishtar, Special Assistant to t

Published 18 Jan, 2020 12:00am

New tax laws: FBR explains GST/FED-related amendments

The government has imposed penalties and punitive actions for not printing retail price with sales tax on retail items and bringing exempted goods from "tax-exempt areas" of Azad Jammu and Kashmir, Gilgit-Baltistan and erstwhile tribal areas into tariff a

Published 18 Jan, 2020 12:00am

FATF-related bill passed by Senate body

The Senate Standing Committee on Interior on Friday passed the Mutual Legal Assistance (Criminal Matters) Bill, 2020 which will help get information about foreign assets and bank accounts of Pakistani citizens as well as pave way for Pakistan to phase out

Published 18 Jan, 2020 12:00am

CEC, two ECP members: Opposition, government inching towards evolving consensus

The government and opposition parties in the Parliament are said to have evolved consensus on names of chief election commissioner and two members of Election Commission of Pakistan (ECP) in an informal meeting of Parliamentary Committee on Appointment of

Published 18 Jan, 2020 12:00am

CEC's appointment: PM sends in two fresh nominations

Prime Minister Imran Khan has sent two fresh nominations for the appointment of chief election commissioner while withdrawing the names of the two candidates he had recommended earlier, in the backdrop of lingering deadlock between the government and the

Published 18 Jan, 2020 12:00am

PSM revival: Chairman against further loss of time

Chairman, Pakistan Steel Mills (PSM), Aamir Mumtaz has said that with the passage of each day the prospects of reviving the Mills are diminishing, well-informed sources told Business Recorder. Mumtaz, who is an American national took over the posit

Published 18 Jan, 2020 12:00am

Foreign investment in government securities exceeds $2 billion

Foreign investment in the government's debt instruments, including Market Treasury Bills (T-bills) and Pakistan Investment Bond (PIBs) surged to $2.26 billion during this fiscal year (FY20).

Published 18 Jan, 2020 12:00am

LSM witnesses 5.93 percent decline in 5 months

The country's Large Scale Manufacturing (LSM) during the first five months of the current financial year (July-November 2019) witnessed a decline of 5.93 percent from 136.17 points in July-November 2018-19 to 128.10 points in 2019-20, said Pakistan Bureau

Published 18 Jan, 2020 12:00am

1H C/A deficit narrows down 75 percent YoY

The country's current account deficit posted 75 percent sharp decline during the first half of this fiscal year (FY20), mainly due to significant import compression. According to the State Bank of Pakistan (SBP), current account deficit narrowed down by 7

Published 18 Jan, 2020 12:00am

UN projects 2.1 percent growth

The United Nations has projected Pakistan's GDP growth rate at 2.1 percent for 2020, saying that continued commitment to reform, combined with productive investment in infrastructure and strategic capacity development will be critical for the country to f

Published 18 Jan, 2020 12:00am

Stocks

PSX gains 102.67 points: BRIndex100 flat

Pakistan Stock Exchange Friday remained volatile throughout the day, however late buying supported the market to close on a positive note. BRIndex100 gained 6.43 points or 0.14 percent to close at 4,539.97 points. BRIndex100 touched intraday high of 4,557

Published 18 Jan, 2020 12:00am

Xi in Myanmar on billion-dollar charm offensive

Chinese President Xi Jinping vowed to usher in a "new era" of ties with Myanmar after a red carpet welcome Friday on a state visit aimed at buttressing the embattled government of Aung San Suu Kyi and driving through multi-billion-dollar infrastructure de

Published 18 Jan, 2020 12:00am

Iran can take fight beyond its borders: Khamenei

The Revolutionary Guards can take their fight beyond Iran's borders, the supreme leader said on Friday, responding to the U.S. killing of a top general and to unrest at home over the accidental downing of an airliner.

Published 18 Jan, 2020 12:00am

Qureshi, Pompeo discuss Middle East situation

Minister for Foreign Affairs Shah Mahmood Qureshi on Friday met with US Secretary of State Mike Pompeo to discuss the situation in the Middle East.

Published 18 Jan, 2020 12:00am

General Rawat's FATF remarks condemned

Pakistan strongly condemned the 'highly irresponsible' by top Indian military general in which he sought Financial Action Task Force (FATF) to blacklist Pakistan.

Published 18 Jan, 2020 12:00am

Aiding 'Nuclear-weapons' programme: US yet to share details of five individuals: FO

Foreign Office said on Friday that United States is yet to share the details of those five individuals indicted in the US for allegedly running an international network that purchased American products for Pakistan's nuclear weapons program.

Published 18 Jan, 2020 12:00am

Celebrity lawyer Dershowitz to defend Trump

America's most famous celebrity attorney, Alan Dershowitz, said Friday he would be part of the legal team defending President Donald Trump in his Senate impeachment trial.

Published 18 Jan, 2020 12:00am

Air Marshal Leghari appointed Vice Chief of Air Staff

The Government of Pakistan has appointed Air Marshal Ahmer Shehzad Leghari as Vice Chief of the Air Staff, Pakistan Air Force. Air Marshal Ahmer Shehzad Leghari was commissioned in GD (P) Branch of Pakistan Air Force in November, 1984. During his illustri

Published 18 Jan, 2020 12:00am

Taliban open to 10-day ceasefire with US

The Taliban will implement a 10-day ceasefire with US troops, a reduction in violence with Afghan forces and discussions with Afghan government officials if it reaches a deal with US negotiators in talks in Doha, two sources have said.

Published 18 Jan, 2020 12:00am

Aasia Bibi protests: Court jails dozens of TLP workers

A court has sentenced more than 80 workers of Tehreek-e-Labaik Pakistan (TLP) to 55 years in prison each after protests linked to the 2018 acquittal of Asia Bibi, a Christian woman accused of blasphemy, one of their senior leaders told AFP.

Published 18 Jan, 2020 12:00am

Kinnow quota: Exporters concerned at delay in announcement by Indonesia

Exporters have expressed concern over the delay in the announcement of kinnow import quota by Indonesian government for Pakistan.

Published 18 Jan, 2020 12:00am

SC to take up PIA CEO's plea on Monday

The top court of the country has fixed a petition filed by chief executive officer (CEO) of cash-starved Pakistan International Airlines (PIA) for Monday against a decision of Sindh High Court (SHC) which barred him from performing his duties.

Published 18 Jan, 2020 12:00am

Fraud risk management: SBP realigns reporting

The State Bank of Pakistan has announced realignment of reporting on fraud risk management. According to the SBP, regulatory reporting & monitoring function of frauds, forgeries & dacoities data of banks, DFIs and MFBs has been transferred to Off-site Sup

Published 18 Jan, 2020 12:00am

Letters

Stop making fun of an institution

They must do it now without any further loss of time. The inordinate delay in the appointment of Chief Election Commissioner (CEC) and members of Election Commission of Pakistan (ECP) has made a total mockery of an institution that certainly constitutiona

Published 18 Jan, 2020 12:00am

Articles

Volkswagen to buy 20 percent of Chinese battery maker Guoxuan amid electric push

Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.

Published 18 Jan, 2020 12:00am

Articles

Sinopec to review potential $16 billion US gas deal with Cheniere

China's Sinopec, expected to be the next major Chinese buyer of US liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said.

Published 18 Jan, 2020 12:00am

Articles

Taming the untamable

The problem with writing a regular column is that even at times when you are not at your best, to put it mildly, you still have to write and submit something; and after rereading last week's submission - clearly, that was one of those times. The objective

Published 18 Jan, 2020 12:00am

Articles

'Hunarmand Pakistan' programme

Prime Minister Imran Khan, flanked by Federal Education Minister Shafqat Mehmoud, launched on January 9, 2020 the Hunarmand Pakistan programme - the country's largest-ever skilled development programme aimed at enhancing the skills of youth through qualit

Published 18 Jan, 2020 12:00am

An extreme weather disaster

This is the harshest winter in recent years with calamitous consequences. Snowfall, rains and avalanches continue to play havoc with lives. The death toll rose to 109 on Wednesday as 15 more people, including five army personnel of an Army corps of engine

Updated 18 Jan, 2020 07:33am

Cabinet and recruitments

The Cabinet under the chairmanship of Prime Minister Imran Khan has directed ministries and divisions to fill 129,301 vacant positions within four months. This decision would not only have positive socio-economic implications for those lucky enough to be

Updated 18 Jan, 2020 07:33am

Punjab NFC Award: Fawad writes to PM against 'violation' of Article 140A

Federal Minister for Science and Technology, Fawad Chaudhry has formally approached Prime Minister Imran Khan against continued 'violation' of Article 140A of the Constitution and lamented that despite lapse of 16 months, the PTI government in Punjab has

Published 18 Jan, 2020 12:00am

'Model criminal courts dispose of 464 cases across country'

Director General (DG) Monitoring and Evaluation Cell has said that model criminal courts disposed of a total of 464 cases across the country. The DG Monitoring in this regard issued performance report. According to it, criminal model courts have continued

Published 18 Jan, 2020 12:00am

Taxes

Most of Islamabad shops selling smuggled goods: RTO survey

A survey conducted by Regional Tax Office (RTO) Islamabad along with customs department revealed that most of the outlets/shops in the federal capital are involved in selling smuggled goods under the cover of imported items and they are directed to displa

Published 18 Jan, 2020 12:00am

1,198 presidential ordinances issued in last three decades: Parliamentary committee informed

As many as 1,198 presidential ordinances have been issued by the political governments and General Pervez Musharraf (retd) in last three decades, a parliamentary committee was informed on Friday.

Published 18 Jan, 2020 12:00am

Punjab government to bifurcate price control committees

After accepting a demand put forth by traders, the Punjab government has decided bifurcating price control and price determination committees. The decision was taken during a meeting between Punjab Chief Secretary Azam Suleman Khan and a four-member deleg

Published 18 Jan, 2020 12:00am

KU announces MA results

The Controller of Examinations University of Karachi Professor Dr Arshad Azmi declared the results of MA (Final) Economics, Urdu, Islamic History, General History, Mathematics, Philosophy, Sindhi and Arabic Annual Examination 2018.

Published 18 Jan, 2020 12:00am

Ghani terms SP Rizwan's report false, baseless

Sindh Minister for Information, Archives and Labour Saeed Ghani on Friday termed the report issued against him by Senior Superintendent of Police Dr Rizwan Ahmed as baseless, false and fictitious. Provincial Information Minister said that if the blames me

Published 18 Jan, 2020 12:00am

Annual CLF to begin on January 21

The Annual Children's Literature Festival is going to be held at the Children Library Complex (CLC), a purpose built facility of the School Education Department Govt. of Punjab from January 21 to 23, 2020.

Published 18 Jan, 2020 12:00am

Gold prices fall

Gold on Friday was traded for Rs 89300 per tola, down by Rs 200 on the local market, traders said. The precious metal was selling for Rs 76560 per 10 grams, down by Rs 172 and $1556 an ounce. Silver was available for Rs 1030 per tola, Rs 883 per 10 grams

Published 18 Jan, 2020 12:00am

Kamal accuses MQM-P leaders of corruption

Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal has termed the Muttahida Qaumi Movement-Pakistan threatening to the government to quit from the cabinet as drama adding that politics is being done taking name of Karachiites as Amir Khan has destroyed

Published 18 Jan, 2020 12:00am

Unilever Pakistan announces change in leadership

Unilever Pakistan Limited has announced a change in its senior leadership in Pakistan, with Amir Paracha taking over as the new Chairman and CEO from Shazia Syed, effective 1st February 2020.

Published 18 Jan, 2020 12:00am

Khursheed Shah produced before AC in assets case

Pakistan Peoples Party (PPP) leader Khursheed Shah on Friday has been produced before accountability court in assets beyond income case. During the hearing, National Accountability Bureau (NAB) has filed a plea to launch corruption inquiry against the acc

Published 18 Jan, 2020 12:00am

Fake pay order: MCC Port Qasim lodges FIR against importer

Model Customs Collectorate (MCC), Port Qasim has lodged an FIR against the importer, who is involved taking undue tax benefit and submitted fake pay order to get the delivery of the consignment.

Published 18 Jan, 2020 12:00am

British DIT increasing resources to Pakistan: deputy HC

British Deputy High Commissioner Mike Nithavrianakis has said that Pakistan is an emerging frontier market that deserves greater attention hence, the Department for International Trade (DIT) is increasing its resources to Pakistan.

Published 18 Jan, 2020 12:00am

PAD recovers adulterated pesticides

The Punjab Agriculture Department (PAD), under a continued campaign against fake / adulterated pesticides on Friday, raided a village in Sialkot district and recovered fake pesticides worth hundreds of thousands of rupees.

Published 18 Jan, 2020 12:00am

Faisalabad Expo Centre project to be undertaken through PPP

The project of Faisalabad Expo Centre will be undertaken through Public-Private Partnership instead of seeking help from Export Development Fund (EDF), said Mian Aslam Iqbal, Provincial Minister for Industries. He stated this talking to a delegation of Fa

Published 18 Jan, 2020 12:00am

Sugar mills case: Nawaz granted exemption from personal appearance

An accountability court on Friday granted former Prime Minister Nawaz Sharif exemption from personal appearance on medical grounds in Chaudhry Sugar Mills case till January 31. Advocate Amjad Pervez furnished before the court fresh medical reports of Nawa

Published 18 Jan, 2020 12:00am

Punjab industrial zones: plan to set up labour women hostels under way: minister

Provincial Minister for Labour Ansar Majeed Khan Niazi has said the provincial government is considering proposals for setting up of labour women hostels in industrial estates and unification of taxation.

Published 18 Jan, 2020 12:00am

FCCI chief hails government's decision to create PCRC

The sick textile units of Faisalabad with annual export capacity of 1,000,715, 625 meters clothes have potential to immediately provide jobs to more than 82,000 workers and in this connection the government has taken bold decisions to create Pakistan Corp

Published 18 Jan, 2020 12:00am

Orange Line Metro Train's operation to begin on March 23

The Punjab government is learnt to have decided to start the Orange Line Metro Train (OLMT) service for public on March 23. China Pakistan Economic Corridor (CPEC) Authority Chairman Lieutenant General Asim Saleem Bajwa (Retd) called on Punjab Chief Minis

Published 18 Jan, 2020 12:00am

Flour price soars to Rs 70/kg

The price of flour has reached 70 after an increase of Rs 6 in capital city of Punjab. The Flour Mills Association (FMA) jacked up the price of flour to Rs 70 per kg owing to increasing wheat prices. The FMA announcing immediate increase in the flour pric

Published 18 Jan, 2020 12:00am

PBIT celebrates Chinese New Year

Rejoicing the enduring bond of strongest friendship, Punjab Board of Investment & Trade (PBIT) arranged a cake cutting ceremony to celebrate Chinese New Year in Lahore. 2020 is the year of Rat, also known as the Year of the Golden Rat which will be offic

Published 18 Jan, 2020 12:00am

Extra marks to minister's son: CM approves proceedings against BISE Rawalpindi officials

Punjab chief minister has given approval for taking action under the provisions of PEEDA Act, 2006, against officers of the Board of Intermediate and Secondary Education Rawalpindi and an officer of the Higher Education Department on charges of awarding e

Published 18 Jan, 2020 12:00am

Money & Banking

Loonie trades sideways

The Canadian dollar was little changed against the greenback on Thursday, extending this week's sideways trading pattern as investors awaited economic data over the

Published 18 Jan, 2020 12:00am

Money & Banking

Dollar climbs against yen in Asia

The dollar scaled an eight-month high against the yen on Friday after upbeat US retail sales and jobs data, while the yuan got a lift after China's economic data brightened the mood already cheered by a Sino-US trade deal.

Published 18 Jan, 2020 12:00am

Money & Banking

Yuan, Aussie rise in Europe as China data offers hope

The Australian dollar and its emerging market counterparts gained on Friday as Chinese data showed pressure on the world's second-biggest economy may be starting to diminish, with the offshore yuan rising to a six-month high against the greenback.

Published 18 Jan, 2020 12:00am

Money & Banking

Dollar gains in New York on positive US economic data

The dollar gained on Thursday after multiple data releases painted a positive US economic picture, reversing earlier weakness following the preliminary deal between the United States and China to de-escalate their trade war.

Published 18 Jan, 2020 12:00am

Money & Banking

South Africa's rand edges up

South Africa's rand rose against the dollar early on Friday, a day after the central bank unexpectedly cut rates in an attempt to boost faltering economic growth.

Published 18 Jan, 2020 12:00am

Money & Banking

Most Asian units trade in tight range; yuan gains

Most Asian currencies traded in a narrow range on Friday as excitement over the signing of the Sino-US trade deal faded, while China's yuan hit a six-month high after data showed resilience in the country's economy.

Published 18 Jan, 2020 12:00am

Money & Banking

Sterling reverses gains after bleak UK retail sales

The pound reversed earlier gains and edged lower on Friday after UK retail sales data came in weaker than expected, prompting investors to price in a higher chance of an interest rate cut at the end of this month.

Published 18 Jan, 2020 12:00am

Money & Banking

Australia, New Zealand dollars struggle to make much of better China data

The Australian and New Zealand dollars were heading for a flat finish for the week on Friday as a raft of Chinese economic data either met or beat forecasts, just not by enough to inject much momentum into a stalled market.

Published 18 Jan, 2020 12:00am

Usman Zahur named PTC MD/CEO

Pakistan Tobacco Company (PTC) has announced the appointment of Usman Zahur as the Managing Director and Chief Executive Officer. The company made a formal announcement to this effect here Friday.

Published 18 Jan, 2020 12:00am

Qureshi briefs US senators on India's brutal lockdown in IOJ&K

Foreign Minister Makhdoom Shah Mahmood Qureshi on Thursday said that peace and stability in South Asia would remain elusive until the Kashmir dispute was resolved in accordance with international law and the wishes of the Kashmiri people.

Published 18 Jan, 2020 12:00am

KP PDMA identifies 178 places for relief camps

The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa in consultation with district administration has identified 178 sites for establishment of relief camps for the natural disasters affected families in 93 tehsils all over the province.

Published 18 Jan, 2020 12:00am

Business skills programme for 180 youths of newly-merged districts launched

A Business Incubation Programme has launched for the youth of the Newly Merged Districts, which will be provided to 180 aspiring entrepreneurs including 54 women from Khyber, North and South Waziristan districts. The programme will provide technical assis

Published 18 Jan, 2020 12:00am

Taxes

'FBR chief should be from Customs or IRS'

One of the Federal Board of Revenue's (FBR) committees on restructuring of the Board has recommended that the FBR chairman should be from Pakistan Customs or Inland Revenue Service (IRS). The Islamabad-based consultative committee has finalized its recomm

Published 18 Jan, 2020 12:00am

PHAs directed to achieve tree plantation goals

Punjab Minister for Housing and Urban Development Mian Mahmood-ur-Raheed has instructed the high-ups of Parks and Horticulture Authorities (PHAs) of the entire province to take comprehensive and affective measures to achieve the set goals of Tree Plantati

Published 18 Jan, 2020 12:00am

British Council to bear 10 students' fees abroad

The British Council, co-owners of IELTS, the global English Language proficiency test are offering 10 students up to Rs 600,000 toward their study in Autumn/Winter 2020 and early 2021.

Published 18 Jan, 2020 12:00am

Telecommunication

Pre-paid recharge: PTA warns CMOs against overcharging

The government Friday warned the cellular mobile operators (CMOs) of stern action if consumers are charged more than the notified tariffs and applicable taxes. CMOs are deducting only withholding tax and general sales tax/federal excise duty on the pre-pa

Published 18 Jan, 2020 12:00am

Issue of 'artificial' price hike to be addressed soon: Qaiser

Speaker National Assembly, Asad Qaiser Friday said Prime Minister Imran Khan has issued directives for control over price hike. He was addressing the foundation stone laying ceremony of the construction of Auditorium and Block in Post-Graduate College, Go

Published 18 Jan, 2020 12:00am

Money & Banking

Government committed to promoting Islamic banking: Senate told

The federal government is committed to promoting Islamic banking and the State Bank of Pakistan (SBP) has been putting in efforts to "Islamize the financial system of Pakistan," Federal Minister for Economic Affairs, Hammad Azhar informed the Senate on Fr

Published 18 Jan, 2020 12:00am

AGP to introduce internal audit system: Parliament's PAC informed

The Auditor General of Pakistan (AGP) has informed the Public Accounts Committee (PAC) of the Parliament that his office in collaboration with other stakeholders is introducing internal audit system in a bid to make audit system more transparent and avoid

Published 18 Jan, 2020 12:00am

KMU announces reserved seats' placement schedule

Khyber Medical University (KMU) announced placement schedule for doubled reserved seats of medical & dental colleges of merged tribal districts.

Published 18 Jan, 2020 12:00am

Firdous seeks French collaboration for media persons' training

Special Assistant to the Prime Minister on Information and Broadcasting, Dr Firdous Aashiq Awan on Friday sought French collaboration and assistance in imparting training and capacity building of media persons in Pakistan. During the meeting with Ambassad

Published 18 Jan, 2020 12:00am

OGDCL donates basic life support ambulance to Islamabad traffic police

OGDCL donated state of the art Basic Life Support Ambulance to Islamabad Traffic Police yesterday here at OGDCL Head Office Islamabad.

Published 18 Jan, 2020 12:00am

EDB may seek PCSIR help to check quality of imported boilers

Engineering Development Board (EDB) is likely to seek cooperation from Pakistan Council of Scientific and Industrial Research (PCSIR) to check the quality of imported boilers. This was hinted by the newly-appointed Chief Executive Officer (EDB), Raza Abba

Published 18 Jan, 2020 12:00am

Forced conversions and marriages of minorities: panel to consult stakeholders for preparing draft

The Parliamentary Committee to Protect Minorities from Forced Conversion has decided to engage all stakeholders and hold dialogues and consultative sessions with the provincial governments, local administration, religious scholars, civil society and repre

Published 18 Jan, 2020 12:00am

'REIT reforms to play key role in documentation of sector'

Chairman ISE Towers REIT Management Company Limited (ISE REIT), Zahid Latif Khan on Friday conveyed to Nausheen Javaid Amjad, Acting Chairman Federal Board of Revenue (FBR) that the reforms in Real Estate Investment Trust (REIT) would play key role in ove

Published 18 Jan, 2020 12:00am

Articles

Partly Facetious: Definition of democracy

"There is one thing that is not relative."

Published 18 Jan, 2020 12:00am

Brexit throws up foreign policy balancing act for Britain

Prime Minister Boris Johnson appears torn between the United States and the European Union as he tries to chart Britain's course on the international stage weeks before Brexit.

Published 18 Jan, 2020 12:00am

World's shortest man dies in Nepal at 27

The world's shortest man who could walk, as verified by Guinness World Records, died Friday at a hospital in Nepal, his family said. Khagendra Thapa Magar, who measured 67.08 centimetres (2 feet 2.41 inches), died of pneumonia at a hospital in Pokhara, 2

Published 18 Jan, 2020 12:00am

Global Business Economy

US, China have long way to go to resolve trade friction: IMF chief

The United States and China still have a long way to go to resolve their trade disputes although the partial deal signed this week is a step forward, IMF chief Kristalina Georgieva said Friday.

Published 18 Jan, 2020 12:00am

US to screen passengers for China mystery virus

US authorities will begin screening passengers Friday arriving on direct or connecting flights from a Chinese city at the heart of a mysterious SARS-like virus responsible for two deaths.

Published 18 Jan, 2020 12:00am

Fiji cyclone leaves two missing, 119 in emergency shelter

A father and daughter were swept away in a swollen stream as Tropical Cyclone Tino caused widespread flooding in Fiji, forcing more than 100 people to take refuge in evacuation centres.

Published 18 Jan, 2020 12:00am

Greta warns world leaders at climate protest before Davos

Swedish climate campaigner Greta Thunberg issued a warning to world leaders at a protest in the Swiss city of Lausanne on Friday, days before the start of the Davos summit of the world's political and business elites. "So far during this decade we are see

Published 18 Jan, 2020 12:00am

Seoul rebukes US envoy over Moon comments

South Korea's presidential office on Friday publicly rebuked the US ambassador for urging consultations over President Moon Jae-in's plans for joint projects with the nuclear-armed North, calling his remarks "very inappropriate".

Published 18 Jan, 2020 12:00am

Irregular migration to EU at lowest level since 2013

The level of arrivals of irregular immigrants to the EU has dropped to its lowest level since 2013, the bloc's border security agency Frontex said Friday.

Published 18 Jan, 2020 12:00am

US warship sails through Taiwan Strait

A US warship has sailed through the Taiwan Strait, mainland and Taipei officials said Friday, the first such passage since the island resoundingly re-elected its independence-leaning president.

Published 18 Jan, 2020 12:00am

5.3 magnitude earthquake hits southern Mexico

A 5.3 magnitude earthquake shook the southern Mexican state of Oaxaca on Thursday, causing some damage, according to local authorities.

Published 18 Jan, 2020 12:00am

Chinese nationals found dead near Iceland plane wreck

Two young Chinese nationals have been found dead near the wreckage of a plane that crashed in 1973, a popular tourist spot in southern Iceland, police said Friday.

Published 18 Jan, 2020 12:00am

UK adds entire Hezbollah movement to terror blacklist

Britain's finance ministry on Friday said it had added Lebanon's entire Hezbollah movement to its list of terrorist groups subject to asset freezing.

Published 18 Jan, 2020 12:00am

Cricket

Stokes, Pope hundreds and late wickets put England on top

South Africa face a huge battle for survival after England dominated the second day of the third Test at St George's Park on Friday. Centuries by Ben Stokes and Ollie Pope and some powerful lower-order hitting enabled England to declare on 499 for nine be

Published 18 Jan, 2020 12:00am

Cricket

Upcoming series: PCB announces ticket prices

Taking into consideration spectators' convenience, the Pakistan Cricket Board (PCB) Friday announced ticket prices for the upcoming T20 International and Test matches series against Bangladesh. To enable the cricket fans to pack the Gaddafi Stadium, Lahor

Published 18 Jan, 2020 12:00am

Other

Unseeded Noor upset Bilal in Senior Squash

Unseeded Noor Zaman of Civil Aviation Authority (CAA) upset seeded Bial Zakir of Pakistan Army in the semi-final and moved into the grand final of the National Junior Senior Squash Championship being played here at PAF Hashim Khan Squash Complex on Friday

Published 18 Jan, 2020 12:00am

Other

Winter Sports Festival opens

The three-day Winter Sports Festival 2020 kicked off at the scenic tourist resort Malam Jabba in Swat Valley on Friday. Organised by the Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration in collaboration with the Swat district administration

Published 18 Jan, 2020 12:00am

Cricket

Kamran Akmal dejected

Former Pakistan wicketkeeper-batsman Kamran Akmal has said that he was "hurt and heartbroken" at being overlooked for the upcoming T20I series against Bangladesh. Kamran Akmal (38) Friday took to Twitter to express his frustration. "[I am ]hurt and heartb

Published 18 Jan, 2020 12:00am

Cricket

Hafeez to retire after T20 World Cup 2020

Announcing retirement from international cricket after the ICC Men's T20 World Cup 2020 scheduled in Australia, all-rounder Mohammad Hafeez Friday said that he is looking forward to contribute to the Pakistan cricket team as a batsmen in the upcoming Twen

Published 18 Jan, 2020 12:00am

Cricket

India beat Australia to level One-day series

Steve Smith hit a swashbuckling 98 but Australia could not stop India powering to a 36 run victory to level their One-day series on Friday. Thrashed by 10 wickets in the first of the three-match series, Shikhar Dhawan made 96, KL Rahul 80 and captain Vira

Published 18 Jan, 2020 12:00am

Football

Premier League referees told to use monitors for red cards

Premier League chiefs have advised referees to use pitchside monitors to make a final decision on red cards, according to reports on Friday. Officials in the English top-flight were initially believed to have been told the monitors should be used only occ

Published 18 Jan, 2020 12:00am

Other

Tenacious Polo Cup: Tetra Pak and Barry's earn victories

Tetra Pak and Barry's carved out sensational victories in the semifinals to qualify for the Tenacious Polo Cup 2020 sponsored by Diamond Paints here at Lahore Polo & Country Club (LP&CC) ground on Friday. In the first semifinal of the day, Tetra Pak defea

Published 18 Jan, 2020 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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