News Archives for Print - 2022-01-27

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Print - 2022-01-27

WTO lets China impose tariffs on US in Obama-era case

BRUSSELS: The World Trade Organization (WTO) authorised China on Wednesday to impose $645 million of compensatory...

Published 27 Jan, 2022 04:05am

Europe

Russia says ‘destructive’ sanctions wouldn’t hurt Putin personally

MOSCOW/PARIS: Russia warned on Wednesday that imposing sanctions on President Vladimir Putin personally would not...

Published 27 Jan, 2022 04:05am

Europe

Russia says Washington has replied to Moscow security demands

MOSCOW: Russia said on Wednesday that it had received Washington’s response to Moscow’s security demands from US...

Published 27 Jan, 2022 04:05am

US fighter jets arrive in Estonia for training

TALLINN: Six US fighter jets arrived in Estonia on Wednesday to boost the NATO mission there, as tensions in the...

Published 27 Jan, 2022 04:05am

Europe

Czechs to donate 4,000 artillery shells to Ukraine

PRAGUE: The Czech defence ministry said Wednesday it would donate four thousand artillery shells to Ukraine in the...

Published 27 Jan, 2022 04:05am

South Asia

Mobs burn Indian train carriages in rail jobs protest

PATNA, (India): Angry mobs in eastern India set fire to train carriages on Wednesday in protests over access to...

Published 27 Jan, 2022 04:05am

Boeing sinks to loss on $4.5bn charges related to 787 delays

NEW YORK: Boeing Co said on Wednesday it incurred $4.5 billion charges in the fourth quarter on its sidelined 787...

Published 27 Jan, 2022 04:05am

China shrugs off IMF warnings on zero-tolerance Covid approach

BEIJING: Beijing shrugged off IMF warnings about the economic impact of its aggressive anti-Covid policy, saying on...

Published 27 Jan, 2022 04:05am

Ausatralia Day: Messages from Bryce Hutchesson Australia’s Chargé d’Affaires to Pakistan

TEXT: On this Australia Day – when Australians celebrate their nation, its achievements and its diverse...

Published 27 Jan, 2022 04:05am

How IDP is transforming landscape of international education in Pakistan

TEXT: I am extremely pleased to pass on my best wishes on behalf of IDP’s global network on this auspicious...

Published 27 Jan, 2022 04:05am

‘CLIPSAL’ – A leader in Electrical Innovation for over a 100 Years

TEXT: Clipsal by Schneider Electric is world-famous as Australia’s brand of electrical accessories and is a market...

Published 27 Jan, 2022 04:05am

Pierlite - A world-class Australian lighting manufacturer

TEXT: Pierlite is a world-class Australian lighting manufacturer. With modest beginnings in the 1930s, PIERLITE...

Published 27 Jan, 2022 04:05am

A journey from powerhouse to powerhouse express - a trusted name in electrical, lighting, and audio-video automation building solutions

TEXT: Powerhouse (Pvt.) Ltd. is one of Pakistan's leading electrical, lighting, and audio-video automation solution...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Dr. Arif Alvi President of Islamic Republic of Pakistan

TEXT: Pakistan Customs is celebrating International Customs Day on 26th January under the auspices of the World...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Imran Khan Prime Minister of Islamic Republic of Pakistan

TEXT: I am pleased to know that International Customs Day 2022 is being commemorated. On this occasion, I ...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Shaukat Tarin Federal Minister for Finance

TEXT: On the occasion of International Customs Day, 2022, I felicitate Pakistan Customs on joining the Customs...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Dr. Muhammad Ashfaq Ahmed Chairman FBR

TEXT: It is a matter of immense pleasure for me to join Pakistan Customs in celebration of the International Customs...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Dr. Kunio Mikuriya WCO Secretary General

TEXT: Traditionally, every year, the Customs community comes together on 26 January to mark International Customs...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Syed Muhammad Tariq Huda Member Customs (Operations)

TEXT: Pakistan Customs is celebrating the International Customs day in unison with the World Customs Organization...

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Saif Ullah Khan (President 2021-2022) Karachi Customs Agents Association

TEXT: The world customs community is celebrating International Customs Day on 26th January 2022 across the globe....

Published 27 Jan, 2022 04:05am

International Customs Day 2022 Messages from Arshad Khurshid General Secretary (2021-2022) Karachi Customs Agents Association

TEXT: Karachi Customs Agents Association (KCAA) wishes the Customs community worldwide a cheerful International...

Published 27 Jan, 2022 04:05am

Pakistan Customs: the Rocky Road to Digitalization Success

TEXT: Collector of Customs (Appeals), Karachi In the past Bill of Entry was a famous document among importers and...

Published 27 Jan, 2022 04:05am

Regional connectivity through Transit Trade

Director, Directorate General of Transit Trade, Karachi TEXT: In the aftermath of the Second World War the world...

Published 27 Jan, 2022 04:05am

Compliance Risk Management System (CRMS) transforming trade facilitation and customs controls

TEXT: Director, Directorate General of Risk Management System (RMS) Without digital...

Published 27 Jan, 2022 04:05am

Customs Post-Clearance Audit

TEXT: As we celebrate International Customs Day 2022, a day dedicated to the theme of “Scaling up Custom Digital...

Published 27 Jan, 2022 04:05am

‘Scaling Up Customs Digital Transformation by Embracing a Data Culture and Building a Data Ecosystem’

TEXT: We are living in the age of information technology. This has led to the digital transformation affecting every...

Published 27 Jan, 2022 04:05am

Anti-smuggling operations in Balochistan

TEXT: Balochistan is one of the largest province of Pakistan in terms of area covering 347,190 km area whereas it is...

Published 27 Jan, 2022 04:05am

The Integrated Transit Trade Management System - A project of Pakistan Customs under CAREC - RIBS Program

TEXT: The Government of Pakistan is currently implementing the Integrated Transit Trade Management System (ITTMS) at...

Published 27 Jan, 2022 04:05am

Pakistan Customs National Targeting Centre: A National Single Window for Enforcement for all LEAs

TEXT: Customs administrations throughout the world have undergone tremendous reforms to match the changing demands ...

Published 27 Jan, 2022 04:05am

Deepening Use of Digital Data by Pakistan Customs through Digital Transformation

TEXT: The objective towards the theme of World Customs Organization (WCO) for the year 2022 - “Scaling up Customs...

Published 27 Jan, 2022 04:05am

Europe

Ex-Irish soldier justified ‘jihad’ before joining IS

DUBLIN: A former Irish army soldier justified jihadist suicide bombings while attending a mosque in Ireland before...

Published 27 Jan, 2022 04:05am

More than 30 Panamanians to be tried over Panama Papers scandal

PANAMA CITY: Thirty-two Panamanians will be prosecuted for alleged involvement in graft revealed by the so-called...

Published 27 Jan, 2022 04:05am

Europe

UK PM Johnson refuses to resign over lockdown parties

LONDON: British Prime Minister Boris Johnson on Wednesday rejected opposition calls to resign for attending lockdown...

Published 27 Jan, 2022 04:05am

UN chief calls on Taliban to uphold women’s rights

UNITED NATIONS, (United States): The Taliban must uphold the fundamental human rights of women and children, the...

Published 27 Jan, 2022 04:05am

The Weather

KARACHI: The weather report on Wednesday (January 26, 2022) and the forecast for Thursday (January 27, 2022)....

Published 27 Jan, 2022 04:05am

Trade Information Portal of Pakistan

TEXT: A number of countries have introduced or are considering the introduction of a trade information portal as a...

Published 27 Jan, 2022 04:05am

Customs interventions to curb under-invoicing

TEXT: The shift in international definition of custom value from the "Brussels Definition of Value (BDV)" to the...

Published 27 Jan, 2022 04:05am

International Customs Day 2022

The International Customs Day is celebrated every year on January 26th, Being a signatory of WCO, Pakistan Customs...

Published 27 Jan, 2022 04:05am

2022 theme highlights the pragmatic approach & positive role played by Pakistan Customs

TEXT: Being an export oriented company, Alkaram Textile Mills heavily relies on an invaluable role played by Customs...

Published 27 Jan, 2022 04:05am

Official estimates KWSB service improvement project cost at $1.6bn

KARACHI: Engineer Salahuddin Ahmed, Project Director, Karachi Water and Sewerage Board, Wednesday said that the ...

Published 27 Jan, 2022 04:05am

CAA tightens Covid-19 curbs at airports

KARACHI: Pakistan Civil Aviation Authority (PCAA) on Wednesday imposed additional restrictions at the country’s...

Published 27 Jan, 2022 04:05am

Paragon Constructors chooses SAP as digital partner

KARACHI: One of the largest construction groups of Pakistan, Paragon Constructors (Private) Limited, has chosen SAP,...

Published 27 Jan, 2022 04:05am

US House speaker Pelosi’s stock trades attract growing following online

NEW YORK: A year since a Reddit-driven retail trading frenzy rocked the markets and created the ‘meme stock’...

Published 27 Jan, 2022 04:05am

Hascol case: NBP says continues to support FIA inquiry

KARACHI: National Bank of Pakistan (NBP) Wednesday said it continues to support FIA’s inquiry related to Hascol...

Published 27 Jan, 2022 04:05am

Covid-19 continues to pose economic challenges: ADB

ISLAMABAD: The Covid-19 pandemic continues to pose a major health care and economic challenge to Pakistan, says the...

Published 27 Jan, 2022 04:05am

Strategic reserves of wheat: Ministry directed to formulate strategy

ISLAMABAD: Finance Minister Shaukat Tarin has asked the Ministry of National Food Security and Research (NFS&R)...

Published 27 Jan, 2022 04:05am

Panel passes National Metrological Institute Bill, 2022

ISLAMABAD: A parliamentary panel on Wednesday unanimously passed the National Metrological Institute Bill, 2022. ...

Published 27 Jan, 2022 04:05am

PM wishes Mahathir speedy recovery

ISLAMABAD: Prime Minister Imran Khan on Wednesday prayed for the speedy recovery of former Malaysian Prime Minister...

Published 27 Jan, 2022 04:05am

Ongoing projects: govt urged to award contractors one-time escalation

LAHORE: The Constructors Association of Pakistan (CAP) has called upon the government to award public sector...

Published 27 Jan, 2022 04:05am

Amnesty scheme: SC dismisses Lahore IR Commissioner’s appeal against LHC verdict

ISLAMABAD: The Supreme Court held that amnesty notification being beneficial subordinate legislation must be viewed...

Published 27 Jan, 2022 04:05am

Islamabad LG Ordinance, 2021: IHC issues notices to federation

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the federation regarding Islamabad Local Government...

Published 27 Jan, 2022 04:05am

Sustainable Development Goals: Qureshi for building partnership between public, private sectors

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has called for building partnership between the public and private...

Published 27 Jan, 2022 04:05am

All set for HBL PSL-7 today

LAHORE: The stage is set for the seventh edition of HBL Pakistan Super League (PSL), which will get underway at the...

Published 27 Jan, 2022 04:05am

Governor urges customs to resolve litigation issues, ‘release’ containers

KARACHI: Governor Sindh Imran Ismail on Wednesday urged the Pakistan Customs to resolve litigation issues and ...

Published 27 Jan, 2022 04:05am

Rizwan to teach ‘master class’ course on Abwaab

KARACHI: Pakistan cricket team’s talismanic wicketkeeper batsman and one of the nation’s most loved cricketers,...

Published 27 Jan, 2022 04:05am

Railways to be transformed into profitable entity in 6 months: minister

KARACHI: Federal Minister for Railways Azam Khan Sawati on Monday said that Pakistan Railways will become a...

Published 27 Jan, 2022 04:05am

‘Choti Khushi Immunisation Incentive Support Programme’ launched

KARACHI: The Sindh Health Minister Dr Azra Fazal Pechuho inaugurated the “Choti Khushi” Immunisation Incentive...

Published 27 Jan, 2022 04:05am

APNS’s condolence

KARACHI: “Sarmad Ali, President and Nazafreen Saigol Lakhani, Secretary General of the All Pakistan Newspapers...

Published 27 Jan, 2022 04:05am

Azerbaijan envoy seeks to draw businesspeople’s attention to AFEZ

KARACHI: The Ambassador of Azerbaijan Khazar Farhadov, while highlighting the potential, opportunities and ...

Published 27 Jan, 2022 04:05am

CPLC to become more effective, says Wahab

KARACHI: Administrator Karachi and the Sindh government Spokesman Murtaza Wahab on Wednesday said that Citizens...

Published 27 Jan, 2022 04:05am

Private sector being mobilised to promote tourism: SACM

LAHORE: Expressing resolve to promote tourism, Special Assistant to Chief Minister Punjab on Information and...

Published 27 Jan, 2022 04:05am

Cabinet approves amendments to FM&PPAO regulations

ISLAMABAD: The Federal Cabinet has approved amendments in Financial Management and Powers of Principal Accounting...

Published 27 Jan, 2022 04:05am

KCR Project: P3A Board approves proposal/transaction structure

ISLAMABAD: Public-Private Partnership Authority (P3A) Board approved the project proposal/transaction structure for...

Published 27 Jan, 2022 04:05am

Overseas Pakistanis: PM to address ‘first-ever’ public gathering on March 13

ISLAMABAD: Prime Minister Imran Khan will address a three-day first-ever public gathering being organized for...

Published 27 Jan, 2022 04:05am

NAB recovered Rs821.57bn by Oct 21, PAC told

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday examined the appropriation accounts for the year 2018-19...

Published 27 Jan, 2022 04:05am

Alvi speaks to martyrs’ families on phone

ISLAMABAD: President Arif Alvi, Wednesday, telephoned the family of a policeman who was martyred in G-8, Islamabad...

Published 27 Jan, 2022 04:05am

PM urged to help country avert ‘economic collapse’

ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has...

Published 27 Jan, 2022 04:05am

Rates

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (January 26, 2022)....

Published 27 Jan, 2022 04:05am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (January 26, 2022). ========================== KIBOR...

Published 27 Jan, 2022 04:05am

Rates

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (January 26, 2022). ========================...

Published 27 Jan, 2022 04:05am

Rates

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (January 26, 2022). ========================...

Published 27 Jan, 2022 04:05am

Rates

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price 1,207.5173...

Published 27 Jan, 2022 04:05am

Rates

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Rates

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Rates

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (January 26, 2022). ======================== Offer ...

Published 27 Jan, 2022 04:05am

Rates

JLI TAKAFUL BALANCE FUND

KARACHI: JLI Takaful Balance Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Rates

JLI TAKAFUL INCOME FUND

KARACHI: JLI Takaful Income Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Rates

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Rates

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (January 26, 2022). ======================== Offer Price...

Published 27 Jan, 2022 04:05am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 27 Jan, 2022 04:05am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 27 Jan, 2022 04:05am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 27 Jan, 2022 04:05am

Stocks

Wall St surges ahead of Fed policy decision; Microsoft shines

NEW YORK: Wall Street’s main indexes climbed on Wednesday after two turbulent sessions and ahead of the outcome of...

Published 27 Jan, 2022 04:05am

Stocks

Hong Kong shares end marginally higher

HONG KONG: Hong Kong shares ended higher on Wednesday, with gains in financial firms and tech names offset by losses...

Published 27 Jan, 2022 04:05am

Stocks

Commodity, bank stocks lead FTSE 100 higher; Playtech drops

LONDON: London’s FTSE 100 rose on Wednesday with heavyweight mining, energy and banking shares leading gains ...

Published 27 Jan, 2022 04:05am

Stocks

Most major Gulf markets up, strong bank earnings boost Dubai

DUBAI: Most major gulf index ended higher on Wednesday, with the Saudi market extending gains on the back of a ...

Published 27 Jan, 2022 04:05am

Stocks

Japan’s Nikkei falls as tech shares weaken ahead of Fed’s policy update

TOKYO: Japan’s Nikkei index ended lower on Wednesday, dragged down by technology heavyweights after their U.S....

Published 27 Jan, 2022 04:05am

Stocks

Asian FX, shares steady as investors brace for Fed policy outcome

BENGALURU: Stocks and currencies in emerging Asian markets struggled to find direction on Wednesday ahead of the ...

Published 27 Jan, 2022 04:05am

TI’s report: a perspective

You corrupt! He is corrupt! They corrupt! No, it was them in the previous term. Maybe its judiciary, it must be the...

Published 27 Jan, 2022 04:05am

Letters

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.10
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.33
Euro to USD / May 13	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
India Sensex / May 13	81,148.22
Tokyo Nikkei / May 13	37,897.71
Nasdaq / May 13	19,010.09
Hang Seng / May 13	23,441.04
FTSE 100 / May 13	8,602.92
Dow Jones / May 13	42,140.43
Germany DAX 30 / May 13	23,638.56
France CAC40 / May 13	7,873.83

Item	Value
Crude Oil USD/Barrel / May 13	63.36
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Gold Spot USD/Ounce / May 13	3,227.76
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
AN Textile Mill / May 14 AN Textile Mills Limited(ANTM)	10.79 ▲ 1 (10.21%)
Al-Shaheer Corp / May 14 Al Shaheer Corporation Limited(ASC)	7.57 ▲ 0.69 (10.03%)
Flying Cement / May 14 Flying Cement Company Limited(FLYNG)	44.96 ▲ 4.09 (10.01%)
Agritech Limited / May 14 Agritech Limited(AGL)	56.07 ▲ 5.1 (10.01%)
PIA Holding Co.B / May 14 PIA Holding Company Limited B(PIAHCLB)	10,295.60 ▲ 935.97 (10%)
Khyber Textile / May 14 Khyber Textile Mills Limited(KHYT)	978.13 ▲ 88.92 (10%)
Tandlianwala Sugar / May 14 Tandlianwala Sugar Mills Limited(TSML)	167.38 ▲ 15.22 (10%)
S.S.Oil / May 14 S.S.Oil Mills Limited(SSOM)	759.88 ▲ 69.08 (10%)
Kohinoor Mills / May 14 Kohinoor Mills Limited(KML)	35.10 ▲ 3.18 (9.96%)
Reliance Cotton / May 14 Reliance Cotton Spinning Mills Limited(RCML)	464.63 ▲ 41 (9.68%)

Stock	Price
Diamond Ind. / May 14 Diamond Industries Limited(DIIL)	22.62 ▼ -2.51 (-9.99%)
First Elite Cap.Mod / May 14 First Elite Capital Modaraba(FECM)	18.07 ▼ -1.93 (-9.65%)
Dewan Mushtaq / May 14 Dewan Mushtaq Textile Mills Limited(DMTM)	8.86 ▼ -0.94 (-9.59%)
F.Credit & Inv / May 14 First Credit and Investment Bank Limited(FCIBL)	7.40 ▼ -0.59 (-7.38%)
Ist.Capital Sec / May 14 First Capital Securities Corporation(FCSC)	1.35 ▼ -0.1 (-6.9%)
Punjab Oil / May 14 Punjab Oil Mills Limited(POML)	192.10 ▼ -13.76 (-6.68%)
Reliance Ins. / May 14 Reliance Insurance Company Limited(RICL)	9.53 ▼ -0.66 (-6.48%)
D.S. Ind. Ltd. / May 14 D.S. Industries Limited(DSIL)	4.22 ▼ -0.29 (-6.43%)
Hoechst Pak. / May 14 Hoechst Pakistan Limited(HPL)	3,203.33 ▼ -194.6 (-5.73%)
Sunrays Textile / May 14 Sunrays Textile Mills Limited(SUTM)	196.06 ▼ -8.32 (-4.07%)

Stock	Volume
Sui South Gas / May 14 Sui Southern Gas Company Limited(SSGC)	8,282,019 ▲ 2.95
Fauji Cement / May 14 Fauji Cement Company Limited(FCCL)	2,740,161 ▲ 0.82
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	2,343,252 ▲ 0.01
Tri-Star Power / May 14 Tri-Star Power Limited(TSPL)	1,980,962 ▲ 0.45
Pak Petroleum / May 14 Pakistan Petroleum Limited(PPL)	1,849,675 ▲ 1.68
PIA Holding Co.Ltd / May 14 PIA Holding Company Limited(PIAHCLA)	1,759,320 ▲ 1.11
S.G.Power / May 14 S.G. Power Limited(SGPL)	1,436,000 ▲ 0.12
Maple Leaf Cement / May 14 Maple Leaf Cement Factory Limited(MLCF)	1,434,480 ▼ -0.42
At-Tahur Ltd. / May 14 At-Tahur Limited(PREMA)	1,427,719 ▲ 0.99
P.T.C.L. / May 14 Pakistan Telecommunication Company Ltd(PTC)	1,390,552 ▲ 0.53

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