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Archive - 2016-11-11
NY cocoa due for a bounce
Commodities

NY cocoa due for a bounce

SINGAPORE: New York December cocoa is due for a bounce, as indicated by its wave pattern and the hourly RSI.The drop fro
Published 11 Nov, 2016 07:51am
Workshop on QMS ISO 9001-2015 held

Workshop on QMS ISO 9001-2015 held

Pakistan Standards and Quality Control Authority (PSQCA) on Wednesday organized an event on Quality Management Systems (QMS) that was aimed at capacity building on QMS ISO 9001-2015. People from academia, consumer associations, quality assurance, industri
Published 11 Nov, 2016 12:00am
Canada wants to enhance trade, investment and cooperation: HC
Cotton

Canada wants to enhance trade, investment and cooperation: HC

High Commissioner of Canada Perry Calderwood has said on Thursday that Pakistan and Canada could enhance their trade and investment cooperation in different sectors including agriculture, renewable energy, oil and gas, mining and infrastructure etc, parti
Published 11 Nov, 2016 12:00am
Development of coastal communities: IUCN-USAID project launched

Development of coastal communities: IUCN-USAID project launched

The IUCN-the International Union for Conservation of Nature on Thursday organised a project launch ceremony for a USAID funded project titled Integrated Approach to Education, Capacity Building and Livelihood Development of Coastal Communities in Sindh an
Published 11 Nov, 2016 12:00am
Mastermind of major acts of terrorism held: Zehri

Mastermind of major acts of terrorism held: Zehri

Chief Minister Balochistan Nawab Sanaullah Khan Zehri has disclosed that mastermind of acts of terrorism happened in Sandeman Civil Hospital Quetta and Police Training Centre Quetta which claimed lives of a number of lawyers and police cadets, has been ar
Published 11 Nov, 2016 12:00am
Mastercard inaugurates office in Karachi

Mastercard inaugurates office in Karachi

In a move aimed at further strengthening its footprint across the wider Middle East and Africa region, Mastercard, a leading technology company in the global payments industry, has formally commenced its operations in Pakistan, with the opening of a dedic
Published 11 Nov, 2016 12:00am
PAMA for settling ST refund claims of tractor industry

PAMA for settling ST refund claims of tractor industry

The tractor industry is facing serious financial challenges as the Federal Board of Revenue (FBR) has not been settling pending sales tax refunds amounting to Rs 3 billion a long time. According to Abdul Waheed Director General Pakistan Automotive Manufac
Published 11 Nov, 2016 12:00am
Consumer confidence drops in third quarter: Nielsen survey

Consumer confidence drops in third quarter: Nielsen survey

The consumer confidence in Pakistan dropped from an index of 104 to 101 in the third quarter, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions. Pakistan's confidence, which was previously on an upward trajectory since
Published 11 Nov, 2016 12:00am
PIA to operate two weekly Islamabad-Faisalabad flights

PIA to operate two weekly Islamabad-Faisalabad flights

Pakistan International Airlines (PIA) on Thursday announced to operate two weekly flights between Islamabad-Faisalabad from November 21, 2016. According to details, PIA is going to start two weekly flights between Faisalabad-Islamabad from November 21, 20
Published 11 Nov, 2016 12:00am
Chinese delegation calls on transport minister

Chinese delegation calls on transport minister

A delegation of Chinese investors called on Minister for Transport Sindh Syed Nasir Hussain Shah in Karachi on Thursday. Chinese investors showed keen interest in various transport projects including Karachi Mass Transit Project.
Published 11 Nov, 2016 12:00am
CJ for blocking pages on social media carrying CJP's name

CJ for blocking pages on social media carrying CJP's name

Reference fake Facebook pages carrying name of Chief Justice of Pakistan, Justice Anwar Zaheer Jamali are being run on social media. It is, therefore, clarified that Chief Justice of Pakistan Justice Anwar Zaheer Jamali is neither using any Facebook accou
Published 11 Nov, 2016 12:00am
NDF chief presents report on 'electoral reforms' to ECP

NDF chief presents report on 'electoral reforms' to ECP

Chairman, National Democratic Foundation (NDF) Kanwar M Dilshad presented comprehensive report on Electoral Reforms to Election Commission of Pakistan (ECP) during a high level meeting held on November 10, 2016 at ECP secretariat, Islamabad. The NDF's rep
Published 11 Nov, 2016 12:00am
KP Police launch City Petrol Force for Peshawar

KP Police launch City Petrol Force for Peshawar

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has said that "City Petrol Force" equipped with all latest facilities will prove as a mile stone to serve as a "First Responders" force to meet any sort of crime and emergency sit
Published 11 Nov, 2016 12:00am
Dawn leak: Why issue not referred to PCP?

Dawn leak: Why issue not referred to PCP?

Chairman Press Council of Pakistan Dr M Salah-ud-Din Mengal chaired the 13th General Council meeting of the Press Council of Pakistan here on Thursday. Mujibur Rehman Shami, Kazi Asad Abid, Aamer Mahmood, Wamiq A. Zuberi, Ali Kazi, Anwar Sajdi, Ibrahim Kh
Published 11 Nov, 2016 12:00am
Three Rangers personnel die, 10 hurt in MI accident

Three Rangers personnel die, 10 hurt in MI accident

Three personnel of Pakistan Rangers died while 10 others got injured in a road accident on Islamabad-Peshawar Motorway (M1) on Thursday. According to details, as many as 14 security personnel were going from Islamabad to Tarbela when the tie rod of their
Published 11 Nov, 2016 12:00am
Prime Minister to inaugurate Sangla Hill Interchange today

Prime Minister to inaugurate Sangla Hill Interchange today

Prime Minister Muhammad Nawaz Sharif will inaugurate Sangla Hill Interchange on Pindi Bhattian - Faisalabad Motorway Section of M-4 on Friday (today). The newly built interchange will link up the adjoining areas of Sangla Hill to the National Highway and
Published 11 Nov, 2016 12:00am
FTA with Thailand: PBC urges MoC to give weight to trade proposals
Cotton

FTA with Thailand: PBC urges MoC to give weight to trade proposals

Pakistan Business Council (PBC) has recommended to the Commerce Ministry to give weight to the proposals of business community before engaging into a Free Trade Agreement (FTA) with Thailand. PBC which is a non-profit advocacy forum has sent its recommend
Published 11 Nov, 2016 12:00am
International conference on 'CPEC Opportunities' on November 19

International conference on 'CPEC Opportunities' on November 19

Small and Medium Enterprises Development Authority (Smeda) in collaboration with Centre for Neutral Works (CNW) is arranging International Conference on China Pakistan Economic Corridor (CPEC) Opportunities for local business. The conference will be held
Published 11 Nov, 2016 12:00am
Rajwana meets Mian Adrees

Rajwana meets Mian Adrees

Governor Punjab Malik Muhammad Rafiq Rajwana paid a visit to the residence of former President Federation of Pakistan Chambers of Commerce and Industry Mian Muhammad Adrees in Peoples Colony here on Thursday. He discussed the business related issues and a
Published 11 Nov, 2016 12:00am
Vice President Shell co meets Shahbaz

Vice President Shell co meets Shahbaz

Asida Harnsuit Vice President International Company Shell for South Asia, met Punjab Chief Minister Muhammad Shahbaz Sharif here on Thursday and expressed interest in enhancing investment in Pakistan, especially the Punjab. Speaking on the occasion, Punja
Published 11 Nov, 2016 12:00am
Sri Lankan delegates visit PITB e-Learn programme

Sri Lankan delegates visit PITB e-Learn programme

A delegation from National Services Youth Council Colombo, Sri Lanka, visited e-Learn programme of Punjab IT Board (PITB) at Arfa Tower the other day. The 15-member delegation gathered from all over Sri Lanka was led by Youth Parliament Minister Sri Lanka
Published 11 Nov, 2016 12:00am
Trump urged to pull out US troops from Muslim states

Trump urged to pull out US troops from Muslim states

Chief of Jamaat-e-Islami Pakistan, Senator Sirajul Haq, has said that Donald Trump should demonstrate a sense of accommodation for all religions including Islam, pull out US troops from all Muslim countries and abandon the policy of grabbing Muslim world'
Published 11 Nov, 2016 12:00am
PFM felicitates Trump

PFM felicitates Trump

Pakistan Freedom Movement (PFM) Chairman Haroon Khawaja has congratulated the newly-elected president of the United States of America for a historic election victory that translated the desire for change by the American people. Khawaja said that Trump has
Published 11 Nov, 2016 12:00am
Textile sector: envoy urges Pakistanis to invest in France

Textile sector: envoy urges Pakistanis to invest in France

Head of Economic Division, Embassy of France, Philippe Fouet has invited the Pakistani businessmen to invest in the textile sector of France and said that a French minister will visit Lahore in the start of next year. While speaking at the Lahore Chamber
Published 11 Nov, 2016 12:00am
Musa Gilani case: LHC reserves verdict

Musa Gilani case: LHC reserves verdict

The Lahore High Court on Thursday reserved its verdict in a petition of Syed Ali Musa Gilani, son of former primer Syed Yousuf Raza Gilani, seeking removal of his name from the Exit Control List (ECL). Ali Musa's counsel, Barrister Salman Safdar, informed
Published 11 Nov, 2016 12:00am
Syed Javed Iqbal Bokhari made DG of OPC

Syed Javed Iqbal Bokhari made DG of OPC

Punjab government has appointed Syed Javed Iqbal Bokhari as Director General, Overseas Pakistanis Commission (OPC) Punjab. He caries diverse experience of working on different administrative and field Positions Including District Co-ordination Officer of
Published 11 Nov, 2016 12:00am
'PM Development Programme to be launched to undertake small projects'

'PM Development Programme to be launched to undertake small projects'

Apart from the mega projects of CPEC (China-Pakistan Economic Corridor), power plants and roads etc the present government is going to launch Prime Minister Development Programme to undertake small projects which will have immediate positive impact on the
Published 11 Nov, 2016 12:00am
Women urged to play their due role in socio-economic uplift

Women urged to play their due role in socio-economic uplift

Agri Scientist have urged the women to play their role in socio-economic uplift with the tool of education, skills and their rights in order to compete with rest of the world. While chairing a seminar on gender equality at the University of Agriculture Fa
Published 11 Nov, 2016 12:00am
'An open letter to IMF': reply to MoF

'An open letter to IMF': reply to MoF

The readers would recall that we the three independent economists wrote an open letter to the IMF, published in this newspaper on October 24, 2016. In this letter we presented the other side of the picture, challenging the outcomes of the IMF Programme as
Published 11 Nov, 2016 12:00am
Deputy Mayor-led KMC delegation meets DG Rangers

Deputy Mayor-led KMC delegation meets DG Rangers

A delegation of Karachi Metropolitan Corporation (KMC) headed by Deputy Mayor Arshad Vohra called on Director General (DG) Rangers Sindh Major General Bilal Akbar at his office, here on Thursday. A brief statement issued by a Rangers spokesman stated "KMC
Published 11 Nov, 2016 12:00am
144 cell phones worth Rs 1.2 million seized, one held

144 cell phones worth Rs 1.2 million seized, one held

Model Customs Collectorate (MCC), Preventive on Thursday claimed to have seized 144 cell phones worth Rs 1.2 million from a passenger. According to customs officials, the staff posted at Jinnah International Airport intercepted a passenger namely Asim, wh
Published 11 Nov, 2016 12:00am
Faisal Raza Abidi gets bail

Faisal Raza Abidi gets bail

The local court on Thursday accepted the bail plea of former Senator of PPP Faisal Raza Abidi in illegal weapons possession case. During the hearing, Faisal Raza Abidi's lawyer submitted license of weapons before district and Session Court judge and on th
Published 11 Nov, 2016 12:00am
US MIDDAY: gold falls
Currency

US MIDDAY: gold falls

Gold fell more than 1 percent on Thursday after the dollar rose to a 3-1/2 month high against the yen, as markets weighed the election of Donald Trump as US president and how his policies could affect economic growth. Trump's plans call for infrastructure
Published 11 Nov, 2016 12:00am
US MIDDAY: soya rebounds; wheat and corn mixed

US MIDDAY: soya rebounds; wheat and corn mixed

US soyabean futures edged higher on Thursday, rebounding on technical buying after the previous session's steep losses, while corn and wheat futures were mixed in choppy trading as the dollar rose, traders said. All three commodities pared earlier gains,
Published 11 Nov, 2016 12:00am
Oil slips as focus moves from Trump to US oversupply, Opec

Oil slips as focus moves from Trump to US oversupply, Opec

Oil prices slipped on Thursday as markets recovered from shock over US President-elect Donald Trump's surprise victory and focused on oversupply concerns, as well as whether Opec will decide later this month to cut production. Most markets shook off post-
Published 11 Nov, 2016 12:00am
Cotton rises the most in four weeks on Chinese buying
Cotton

Cotton rises the most in four weeks on Chinese buying

Cotton futures were up over one percent on Thursday, their biggest one-day rise in nearly four weeks, fuelled by buying from China. "Chinese speculators are buying industrial metals and that spilled over into cotton, so the prices went up," said Rogers Va
Published 11 Nov, 2016 12:00am
CDWP approves 15 projects worth Rs 29.3 billion

CDWP approves 15 projects worth Rs 29.3 billion

The Central Development Working Party (CDWP) has approved 15 projects valued at Rs 29.3 billion. The projects include three schemes at an estimated cost of Rs 16.7 billion, which were referred to the Executive Committee of the National Economic Council (E
Published 11 Nov, 2016 12:00am
TPL Trakker, Telenor Pakistan ink MoU

TPL Trakker, Telenor Pakistan ink MoU

The two technology giants in their respective domains, Telenor Pakistan, one of the largest Telco operator and TPL Trakker, the largest tracking company in the country, joined hands to further strengthen the digital Maps of Pakistan, TPL MAPS.
Published 11 Nov, 2016 12:00am
Bulls Eye/DDB wins award

Bulls Eye/DDB wins award

Bulls Eye/DDB has won a BLACK DRAGON for "Best Brand Building Campaign" at Promotion and Marketing Awards of Asia 2016. This win comes for their "Chota Bara" integrated marketing campaign on DKT's Josh Brand. The "Dragons of Asia" is the region's most pre
Published 11 Nov, 2016 12:00am
UBL sponsors 13th annual ICT Awards

UBL sponsors 13th annual ICT Awards

UBL, Pakistan's Best Bank 2016, recently sponsored the 13th Annual P@SHA National Information and Communications Technology (ICT) Awards. The 13th P@SHA ICT Awards are Pakistan's premier technology event providing an effective platform for Pakistani techn
Published 11 Nov, 2016 12:00am
Forex reserves fall by $36 million

Forex reserves fall by $36 million

The country's total liquid foreign exchange reserves declined by $36 million during last week. According to State Bank of Pakistan (SBP) weekly report issued Thursday, Pakistan's total liquid foreign exchange reserves stood at $24.153 billion on November
Published 11 Nov, 2016 12:00am
North Korea urges shift from US, Seoul says it has Trump's support

North Korea urges shift from US, Seoul says it has Trump's support

North Korea on Thursday warned the incoming Donald Trump administration will have to acknowledge it as a nuclear state, as the South said the maverick billionaire had pledged to protect it. The United States maintains it cannot accept North Korea as a nuc
Published 11 Nov, 2016 12:00am
Brad Pitt cleared over plane behaviour

Brad Pitt cleared over plane behaviour

Brad Pitt has been cleared after an investigation into whether he behaved abusively toward one of his children, US media has reported. The claims centered on an alleged incident with his 15 year old son Maddox in September on a flight from France. Pitt's
Published 11 Nov, 2016 12:00am
Estonia parties seal coalition deal supporting Nato, EU ties

Estonia parties seal coalition deal supporting Nato, EU ties

The three parties set to form Estonia's next coalition government pledged on Thursday to keep the small Baltic state firmly rooted in the European Union and Nato. The centrist Centre party, leftist Social Democrat SDE, and conservative IRL began formal co
Published 11 Nov, 2016 12:00am
Goldman Sachs considers Frankfurt move over Brexit

Goldman Sachs considers Frankfurt move over Brexit

Goldman Sachs is considering shifting some of its assets and operations from London to Frankfurt, three people familiar with the matter said, as it tries to secure access to the European Union market when Britain leaves the bloc. The US investment bank is
Published 11 Nov, 2016 12:00am
China home to nine million 'left-behind' children

China home to nine million 'left-behind' children

More than nine million children have been "left behind" in China's countryside by parents who have moved to its towns and cities to find work, Beijing said Thursday. The plight of such children, who are usually looked after by grandparents but sometimes h
Published 11 Nov, 2016 12:00am
Austria charges Syrian rebel with 20 murders

Austria charges Syrian rebel with 20 murders

Austrian prosecutors said Thursday that they have charged a member of a Syrian rebel group with 20 counts of murder for allegedly executing wounded government soldiers in his home country. The 27-year-old man was arrested in a refugee shelter in western A
Published 11 Nov, 2016 12:00am
UK gas leak: man dies

UK gas leak: man dies

A gas leak at a Carlsberg brewery in central England has left one man dead and 22 people requiring hospital treatment, police and the Danish company said. Julian Momen, chief executive officer of Carlsberg UK, said the company was "deeply saddened" by the
Published 11 Nov, 2016 12:00am
Palestinian president says he knows who killed Arafat
Currency

Palestinian president says he knows who killed Arafat

Palestinian president Mahmud Abbas said Thursday he knew who killed Yasser Arafat as he marked the 12th anniversary of the former leader's death but stopped short from giving a name. Speaking in front of thousands, Abbas said "you ask me who killed him, I
Published 11 Nov, 2016 12:00am
Grenade thrown at French embassy in Greece, policeman hurt

Grenade thrown at French embassy in Greece, policeman hurt

Assailants on a motorcycle threw a grenade at the French embassy in Athens Thursday, slighting wounding a police officer on duty, police said. Greece's anti-terrorism police are investigating the attack, which happened at around 5am (0300GMT) on one of th
Published 11 Nov, 2016 12:00am
Battle for Mosul nears ancient site

Battle for Mosul nears ancient site

The battle for Iraq's second city Mosul neared the remains of ancient Nimrud on Thursday, as the offensive against the Islamic State group's Syrian stronghold Raqa was hampered by a sandstorm. Backed by a US-led coalition, Iraqi forces and a Kurdish-Arab
Published 11 Nov, 2016 12:00am
Zuma survives no-confidence vote

Zuma survives no-confidence vote

South Africa's scandal-hit President Jacob Zuma easily survived a no-confidence vote in parliament Thursday as ruling ANC lawmakers ignored calls from opposition parties to vote him out of office. Zuma, who has faced mounting criticism from within his own
Published 11 Nov, 2016 12:00am
Russia rejects UN plea for longer Aleppo ceasefires

Russia rejects UN plea for longer Aleppo ceasefires

Russia's defence ministry on Thursday dismissed as "counterproductive" a request from the United Nations to extend future pauses in fighting to allow aid into rebel-held eastern Aleppo as winter comes. The ministry said it received a request from the head
Published 11 Nov, 2016 12:00am
Paris refugee shelter opens to take migrants off street

Paris refugee shelter opens to take migrants off street

A refugee shelter with beds for 400 single men opened in Paris on Thursday, part of an ongoing drive to take asylum-seekers off French streets after the demolition of the Calais "Jungle" camp. The centre in a disused railway yard near Gare du Nord station
Published 11 Nov, 2016 12:00am
More than 120 migrants rescued off Cyprus

More than 120 migrants rescued off Cyprus

Cyprus police rescued 123 migrants believed to be Syrians who were left adrift off the island's north-west coast by a boatman who made off on a jet ski, officials said Thursday. The 42 children, 19 women and 62 men were all in good health, including a wom
Published 11 Nov, 2016 12:00am
Stokes, Ali star as England post commanding total

Stokes, Ali star as England post commanding total

Centurion Moeen Ali said patience was the key to run-scoring as England posted the highest score by a visiting team in nearly five years in the first Test against India on Thursday. England's first innings score of 537 was built around Ali's 117 and an im
Published 11 Nov, 2016 12:00am
Long Beach ITF Seniors World Ranking event begins

Long Beach ITF Seniors World Ranking event begins

The first Long Beach ITF Seniors World Ranking Tournament is in full swing here at the Punjab Lawn Tennis Association tennis courts on Thursday. In 60 plus singles Asad Niaz beat Gul Hameed Khan by 6-2, 4-0 and won the title. Gul Hameed Khan could not com
Published 11 Nov, 2016 12:00am
Kosovo boost as FIFA declare players eligible

Kosovo boost as FIFA declare players eligible

FIFA on Thursday authorised two more footballers to play for Kosovo as the country participates in World Cup qualifiers for the first time. Melbourne Victory forward Besart Berisha and defender Mergim Vojvoda of Belgium side Mouscron, who both played for
Published 11 Nov, 2016 12:00am
Super Kabaddi League in March next year: PKF

Super Kabaddi League in March next year: PKF

Secretary General, Pakistan Kabaddi Federation (PKF), Rana Mohammad Sarwar has said that Pakistan International Super Kabbadi League will be organized in March next year. Talking to this agency, Rana Muhammad Sarwar, who is also General Secretary of the A
Published 11 Nov, 2016 12:00am
Rooney to make England return against Scotland

Rooney to make England return against Scotland

England captain Wayne Rooney will return to the starting line-up for his country's 2018 World Cup qualifier against Scotland on Friday, interim manager Gareth Southgate announced on Thursday. Rooney, 31, started on the bench in England's last game, a 0-0
Published 11 Nov, 2016 12:00am
Roland Garros extension scores legal victory

Roland Garros extension scores legal victory

The expansion of Roland Garros, the historic home of the French Open, was on Thursday given the green light by a Paris court after winning a long-running legal battle. The Paris High Court found in favour of the French tennis federation over a planned 400
Published 11 Nov, 2016 12:00am
Kenya's Rudisha appointed head of African athletes' body

Kenya's Rudisha appointed head of African athletes' body

Kenya's two-time world and Olympic 800 metres champion David Rudisha has been appointed to chair the African Athletics Confederation (AAC) Athletes' Commission, replacing former Namibian sprinter Frank Fredericks. Rudisha's appointment was made by AAC pre
Published 11 Nov, 2016 12:00am
Seasons Canola Polo: Pebble Breakers, Rijas advance

Seasons Canola Polo: Pebble Breakers, Rijas advance

Pebble Breakers made their way to the main final of the Seasons Canola Polo Cup 2016 while Rijas qualified for the subsidiary final here at the Lahore Polo Club (LPC) ground on Thursday. As many as four matches were decided on the third day of the event.
Published 11 Nov, 2016 12:00am
Sri Lanka sweep Zimbabwe series

Sri Lanka sweep Zimbabwe series

Rangana Herath recorded the best figures by a bowler in a Test in Zimbabwe as Sri Lanka completed a 257-run victory in the second Test at Harare Sports Club on Thursday to sweep the series 2-0. Sri Lanka went into the final day needing just three wickets
Published 11 Nov, 2016 12:00am
Indonesian general elected FA head after crisis

Indonesian general elected FA head after crisis

Indonesia's football association elected a senior army general as its chairman on Thursday as it seeks to overcome a crisis sparked by a year-long FIFA ban. Edy Rahmayadi, currently the commander of the army's strategic reserve, beat five other opponents,
Published 11 Nov, 2016 12:00am
FIFA 'respects' Qatar over alcohol issue: Samoura

FIFA 'respects' Qatar over alcohol issue: Samoura

FIFA general secretary Fatma Samoura said on Thursday that football's ruling body "respects" Qatari culture over the sensitive issue of selling alcohol in stadiums at the 2022 World Cup. However, Samoura, speaking in Doha, said FIFA has not yet discussed
Published 11 Nov, 2016 12:00am
Gambia mourns popular wrestler drowned in Mediterranean

Gambia mourns popular wrestler drowned in Mediterranean

The Gambia's sporting community Thursday mourned a popular young wrestler who drowned in the Mediterranean attempting to reach Italy, following the recent death of a top women's footballer in similar circumstances. Ali Mbengu, 22, died last Friday when hi
Published 11 Nov, 2016 12:00am
FranceAgriMer cuts maize crop estimate to 26-year low

FranceAgriMer cuts maize crop estimate to 26-year low

Farm office FranceAgriMer cut its estimate for this year's French grain maize harvest on Thursday to the lowest level since 1990 due to weather-hit yields and as it saw more of the crop being diverted for use as on-farm fodder maize. In monthly supply-and
Published 11 Nov, 2016 12:00am
Gold slips in Europe
Currency

Gold slips in Europe

Gold fell 1 percent on Thursday after the dollar rose to a 3-1/2 month high against the yen, as markets weighed the election of Donald Trump as US president and how his policies could affect economic growth. Trump's plans call for infrastructure building
Published 11 Nov, 2016 12:00am
Gold up in Asia

Gold up in Asia

Gold rose on Thursday as global markets took respite from a massive sell-off in risky assets and absorbed Republican Donald Trump's shocking US presidential win, but gains were capped by firmer Asian stocks. Spot gold was up 0.75 percent at $1,287.15 an o
Published 11 Nov, 2016 12:00am
Gold down in New York

Gold down in New York

The price of gold turned slightly negative from the sharp gains made earlier on Wednesday, after a conciliatory victory speech from US President-elect Donald Trump also helped the dollar rebound. Gold had surged by nearly 5 percent to a six-week high of $
Published 11 Nov, 2016 12:00am
Coffee and sugar prices slip as Brazil currency tumbles
Currency

Coffee and sugar prices slip as Brazil currency tumbles

ICE arabica coffee futures fell on Thursday, weighed by a sharp decline in Brazil's real currency that could encourage sales ffrom the world's top producer The December contract was off 4.70 cents or 2.8 percent at $1.6530 per lb at 1500 GMT. The Brazilia
Published 11 Nov, 2016 12:00am
Palm oil hits highest levels in more than two years

Palm oil hits highest levels in more than two years

Malaysian palm oil futures rose to their highest levels in over two and a half years in late trade on Thursday, supported by government data which showed lower than expected inventories for October. Benchmark palm oil futures for January on the Bursa Mala
Published 11 Nov, 2016 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures ended up 5.5 percent on Thursday as the dollar hit a near four-month against the yen with traders seeking some stability after 24 hours of high drama following Republican candidate Donald Trump's victory in the US presidenti
Published 11 Nov, 2016 12:00am
Copper jumps to 16-month high on US infrastructure hopes

Copper jumps to 16-month high on US infrastructure hopes

Copper surged more than 5 percent to a 16-month high on Thursday as speculation that US infrastructure spending could jump under a Republican administration unleashed a wave of interest in industrial metals. Zinc hit a 5-1/2 year peak and nickel was at it
Published 11 Nov, 2016 12:00am
Shanghai base metals up

Shanghai base metals up

Shanghai Futures Exchange (ShFE) copper built on overnight gains to hit its maximum daily permitted limit of 6 percent to 43,910 yuan ($6,479) a tonne on Thursday on expectations that policies under US President-elect Donald Trump could spur infrastructur
Published 11 Nov, 2016 12:00am
Aussie, kiwi up

Aussie, kiwi up

The Australian and New Zealand dollars gained on Thursday, mirroring a surprise rebound in riskier assets, as investors latched on to the idea that a Donald Trump presidency could spur US economic growth. The Australian dollar added 0.3 percent to $0.7658
Published 11 Nov, 2016 12:00am
Sterling gains ground against dollar, euro
Currency

Sterling gains ground against dollar, euro

Sterling gained ground against both the dollar and the euro on Thursday as markets sifted through the potential global implications of Donald Trump's surprise victory in the US presidential election. The pound's troubles have been the main currency story
Published 11 Nov, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.50-78.50 (previous 78.49-78.50).
Published 11 Nov, 2016 12:00am
Solid dollar, Trump fear hurt Asia FX
Currency

Solid dollar, Trump fear hurt Asia FX

Most emerging Asian currencies on Thursday fell on the dollar's rebound on higher US Treasury yields, while concerns grew over negative impacts on regional exports and relationships with Washington after Republican Donald Trump won the presidency. The Chi
Published 11 Nov, 2016 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Thursday, a few minutes into the presentation of the national budget, as dollar selling by exporters and banks outpaced demand for the greenback from importers, dealers said. Rupee forwards were active, with s
Published 11 Nov, 2016 12:00am
Dollar hits new highs in New York
Currency

Dollar hits new highs in New York

The dollar rose across the board and hit its highest in nearly four months against the Japanese yen on Wednesday, as US Treasury debt yields touched multi-month highs following Republican candidate Donald Trump's victory in the presidential election.
Published 11 Nov, 2016 12:00am
Early trade in New York: Dollar rises against majors

Early trade in New York: Dollar rises against majors

The dollar climbed to a 3-1/2-month high against the yen on Thursday as markets weighed the election of businessman Donald Trump for US president and how his policies could affect economic growth. The greenback rose by more than 1 percent on the day to 10
Published 11 Nov, 2016 12:00am
Dollar climbs against yen in Europe
Currency

Dollar climbs against yen in Europe

The dollar climbed to a 3-1/2-month high against the yen on Thursday as markets weighed the election of businessman Donald Trump for US president and how his policies could affect economic growth. Traditionally seen as a safe haven, the yen sank as low as
Published 11 Nov, 2016 12:00am
Dollar eases in Asia
Currency

Dollar eases in Asia

The dollar eased on Thursday as traders sought some stability after 24 hours of high drama in global markets that saw a massive selloff in risk assets and an equally dramatic turnaround on Republican Donald Trump's shock US presidential win. With market u
Published 11 Nov, 2016 12:00am
FTSE rises again, boosted by Trump stimulus expectations

FTSE rises again, boosted by Trump stimulus expectations

Britain's top share index rose on Thursday, led higher by miners and construction stocks amid expectations of a big economic stimulus in the United States based on President-elect Donald Trump's pledges of tax cuts and more infrastructure spending. Britai
Published 11 Nov, 2016 12:00am
Southeast Asian stocks higher

Southeast Asian stocks higher

Southeast Asian stocks closed higher on Thursday led by financial shares, mirroring gains in broader Asia and on Wall Steet overnight, as investors digested the impact of Donald Trump's shock victory in the US presidential race. In Asia, MSCI's broadest i
Published 11 Nov, 2016 12:00am
Rally in banks and miners push European equities to two-week high

Rally in banks and miners push European equities to two-week high

European equities advanced for a fourth straight session to a two-week high on Thursday, pulled upwards by banks and miners, with encouraging results from companies such as Vivendi also supporting the broader market. The pan-European STOXX 600 was last up
Published 11 Nov, 2016 12:00am
Sri Lankan shares end little changed

Sri Lankan shares end little changed

Sri Lankan shares closed nearly unchanged on Thursday in thin trade as investors turned cautious ahead of the national budget, which proposed revisions to corporate and withholding taxes to boost revenue and cut the country's fiscal deficit target. The be
Published 11 Nov, 2016 12:00am
China stocks climb

China stocks climb

China stocks rose to a fresh 10-month high on Thursday, joining a surprise turnaround in global markets in the wake of a shock win for Republican Donald Trump in the US presidential election. The benchmark Shanghai Composite Index gained 1.4 percent to 3,
Published 11 Nov, 2016 12:00am
India's NSE index rises

India's NSE index rises

India's broader NSE index gained 1.1 percent on Thursday as lenders rallied on hopes their coffers would swell with people starting to exchange higher-denomination notes after the government removed the old ones from circulation. Sentiment also got a boos
Published 11 Nov, 2016 12:00am
Treasury yields soar

Treasury yields soar

US 30-year Treasury bond yields on Wednesday posted their sharpest rise in more than five years, bolstered by expectations US President-elect Donald Trump will enforce protectionist trade policies and increase fiscal spending that will boost inflation. Ri
Published 11 Nov, 2016 12:00am
Treasury yields soar

Treasury yields soar

US 30-year Treasury bond yields on Wednesday posted their sharpest rise in more than five years, bolstered by expectations US President-elect Donald Trump will enforce protectionist trade policies and increase fiscal spending that will boost inflation. Ri
Published 11 Nov, 2016 12:00am
Hong Kong stocks rise

Hong Kong stocks rise

Hong Kong stocks rebounded on Thursday from the previous session's 3-month low as global markets made a dramatic U-turn after a punishing selloff in the wake of Republican Donald Trump's shock win in the US presidential election. The Hang Seng index rose
Published 11 Nov, 2016 12:00am
Wall Street surges after Trump wins White House

Wall Street surges after Trump wins White House

US stocks rose sharply on Wednesday in a dramatic turnaround from deep overnight losses as Wall Street embraced the upset presidential election victory of Republican Donald Trump. After warning for months that a Trump White House would create uncertainty
Published 11 Nov, 2016 12:00am
Thursday's early trade: Nasdaq loses ground as heavyweights slump

Thursday's early trade: Nasdaq loses ground as heavyweights slump

The Nasdaq lost ground sharply in late morning trade on Thursday, dragged down by market heavyweights Apple and Amazon, as investors poured money into others sectors that may benefit from Donald Trump's victory in the US election. The S&P 500 reversed cou
Published 11 Nov, 2016 12:00am
Tokyo's benchmark stock index up 6.72 percent

Tokyo's benchmark stock index up 6.72 percent

Tokyo's benchmark stock index closed 6.72 percent higher on Thursday, led by a surge in financials and export giants, on hopes Donald Trump's shock US presidential election win will provide a boost to the world's number one economy. The key Nikkei 225 ind
Published 11 Nov, 2016 12:00am
Egypt surges in record volume on signs of dollar inflows
Currency

Egypt surges in record volume on signs of dollar inflows

Egyptian stocks jumped in record volumes on Thursday, driven by signs that hard currency was flowing into the country after last week's pound devaluation, while Saudi Arabia's index extended recent gains. Egypt's bluechip index surged 4.5 percent, bringin
Published 11 Nov, 2016 12:00am
French, Finns divided over nuclear dispute ruling

French, Finns divided over nuclear dispute ruling

Finnish utility TVO claimed partial victory Thursday in a bitter dispute with France's Areva over a troubled nuclear reactor in International Chamber of Commerce arbitration, but the French side dismissed the ruling as "technical". Areva, together with Ge
Published 11 Nov, 2016 12:00am
Japan lawmakers approve TPP despite Trump victory

Japan lawmakers approve TPP despite Trump victory

Japan's lower house of parliament on Thursday passed the contentious Trans-Pacific Partnership (TPP) free trade deal, a move largely viewed as an empty gesture due to opposition by US president-elect Donald Trump. President Barack Obama championed the 12-
Published 11 Nov, 2016 12:00am
Weak Japan machinery orders signals fragile capex may dent GDP

Weak Japan machinery orders signals fragile capex may dent GDP

Japan's core machinery orders fell more than expected in September and the outlook pointed to more weakness, suggesting the economy may underperform as businesses show reluctance to invest amid sluggish demand at home and abroad. Core machinery orders, a
Published 11 Nov, 2016 12:00am
French job creation at strongest in 9 years in Q3

French job creation at strongest in 9 years in Q3

France saw its fastest job creation last quarter since the eve of the financial crisis in 2007 with 52,200 net jobs created, data from national statistics office INSEE showed on Thursday. The 0.3 percent increase in the non-farm private sector in the thre
Published 11 Nov, 2016 12:00am
IMF supports India currency steps to fight corruption
Currency

IMF supports India currency steps to fight corruption

The IMF said Thursday it supports India's efforts to fight corruption through the currency control measures announced this week, but stressed taking care to minimise disruptions in the economy. Indian banks reopened Thursday for the first time since the g
Published 11 Nov, 2016 12:00am
Supermarket demands fuelling food waste crisis: UN

Supermarket demands fuelling food waste crisis: UN

Supermarket obsession with perfect looking produce and the use of arbitrary "best before" labels are causing massive food waste that if reversed could feed the world's hungry, a UN panel said Thursday. Nearly 1.3 billion tons of food are wasted every year
Published 11 Nov, 2016 12:00am
Google rejects EU anti-trust charges over Android

Google rejects EU anti-trust charges over Android

US Internet giant Google on Thursday rejected EU allegations that it abused the market dominance of its hugely successful Android mobile phone operating system. The rapsheet targets one of Google's most sensitive businesses, as smartphones become by far t
Published 11 Nov, 2016 12:00am
Google rejects EU anti-trust charges over Android

Google rejects EU anti-trust charges over Android

US Internet giant Google on Thursday rejected EU allegations that it abused the market dominance of its hugely successful Android mobile phone operating system. The rapsheet targets one of Google's most sensitive businesses, as smartphones become by far t
Published 11 Nov, 2016 12:00am
World food prices edge up in October
Currency

World food prices edge up in October

World food prices edged up in October to continue an upward trend since January, the United Nations food agency said on Thursday, adding that prospects for global cereal output had improved. Barring a slight dip in July, the Food and Agriculture Organizat
Published 11 Nov, 2016 12:00am
US jobless claims drop

US jobless claims drop

The number of Americans filing for unemployment benefits fell more than expected last week, underscoring the robustness of the labour market. Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 254,000 for the week ended
Published 11 Nov, 2016 12:00am
Sri Lanka revises corporate tax, withholding tax to raise revenue

Sri Lanka revises corporate tax, withholding tax to raise revenue

Budget proposals presented in Sri Lanka on Thursday included revisions to corporate and withholding taxes to boost revenue and cut the 2017 fiscal deficit to 4.6 percent of GDP from this year's 5.4 percent. The government aims to boost its 2017 tax revenu
Published 11 Nov, 2016 12:00am
Rubik's cube loses EU trademark

Rubik's cube loses EU trademark

The makers of the Rubik's cube, the multicoloured puzzle that has baffled millions of people around the world, on Thursday lost a battle with the EU's top court to trademark its distinctive shape. The famed toy has been protected since 1999 under a Europe
Published 11 Nov, 2016 12:00am
Puma sees year profits hitting top end of targeted range
Currency

Puma sees year profits hitting top end of targeted range

German sportswear firm Puma reported strong third-quarter profits on Thursday, due to tight cost controls, improved sourcing and higher prices, and said its full-year operating profit should come in at the top end of its expectations. Installed by majorit
Published 11 Nov, 2016 12:00am
Puma sees year profits hitting top end of targeted range
Currency

Puma sees year profits hitting top end of targeted range

German sportswear firm Puma reported strong third-quarter profits on Thursday, due to tight cost controls, improved sourcing and higher prices, and said its full-year operating profit should come in at the top end of its expectations. Installed by majorit
Published 11 Nov, 2016 12:00am
New Zealand's central bank cuts rates

New Zealand's central bank cuts rates

New Zealand's central bank said international factors, including US political uncertainty, were the major risks to the country's economy after it lowered interest rates to a record low of 1.75 percent on Thursday. The Reserve Bank of New Zealand (RBNZ) in
Published 11 Nov, 2016 12:00am
Leaked emails drag top Rio bosses into Guinea mine woes

Leaked emails drag top Rio bosses into Guinea mine woes

Top Rio Tinto executives discussed payments to a consultant working to smooth relations with Guinea, weeks after it announced a settlement allowing it access to one of the world's largest iron ore deposits, according to internal emails. Rio reported the A
Published 11 Nov, 2016 12:00am
AstraZeneca sees big healthcare changes under Trump

AstraZeneca sees big healthcare changes under Trump

Drugmaker AstraZeneca expects major US healthcare changes after Donald Trump's election victory but its chief executive warned on Thursday that pricing pressures in the world's biggest drugs market would not go away. Drug stocks surged on Trump's surprise
Published 11 Nov, 2016 12:00am
At Samsung Electronics, Lee signals more board power in nod to investors

At Samsung Electronics, Lee signals more board power in nod to investors

Jay Y. Lee, de facto head of South Korea's sprawling Samsung Group, accelerated taking a board seat at flagship unit Samsung Electronics partly because of investor pressure to improve governance, two people familiar with the matter said. Samsung Group nar
Published 11 Nov, 2016 12:00am
Mills buying higher quality cotton
Cotton

Mills buying higher quality cotton

Domestic mills are buying good quality cottons increasingly for fear that higher grade lint will deplete in the market in the foreseeable future. Thus the tone of the cotton market was generally quite steady on Thursday as mills buying resulted in good tu
Published 11 Nov, 2016 12:00am
Mills buying higher quality cotton
Cotton

Mills buying higher quality cotton

Domestic mills are buying good quality cottons increasingly for fear that higher grade lint will deplete in the market in the foreseeable future. Thus the tone of the cotton market was generally quite steady on Thursday as mills buying resulted in good tu
Published 11 Nov, 2016 12:00am
Steady trend on moderate trade
Cotton

Steady trend on moderate trade

Comfortable availability of quality lint helped rates to hold firm on the cotton market on Thursday in the process of trading, dealers said. The official spot rate was firm at Rs 5950, dealers said. In Sindh, seed cotton prices were at Rs 3000-3150, they
Published 11 Nov, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 180,204 tonnes of cargo comprising 151,401 tonnes of import cargo and 28,803 tonnes of export cargo including 5,448 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday The total import cargo of 15
Published 11 Nov, 2016 12:00am
CBOT wheat ends higher

CBOT wheat ends higher

Chicago Board of Trade wheat closed higher on Tuesday as strength in corn and soybean futures triggered short-covering, traders said. CBOT December wheat settled up 5-1/4 cents at $4.15-1/4. K.C. December hard red winter wheat ended up 7-1/2 cents at $4.1
Published 11 Nov, 2016 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh fell about 1.8 percent at the weekly auction on Tuesday as the volumes on offer rose to the highest so far this season, but strong demand for good quality leaf capped a steeper decline. Bangladesh tea fetched an average of 195.94
Published 11 Nov, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,987. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 15.89 billion and the number of lots traded was 30,248. Major business was contributed by
Published 11 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Nov, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 11 Nov, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 11 Nov, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
Bill buying rates per unit of currency
Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 10, 2016).
Published 11 Nov, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (November 10, 2016).

Published 11 Nov, 2016 12:00am
Taliban attack German consulate in Mazar-i-Sharif

Taliban attack German consulate in Mazar-i-Sharif

A huge suicide car bomb struck the German consulate in the northern Afghan city of Mazar-i-Sharif late Thursday, killing at least one person and wounding 29 others, officials said, in an attack claimed by Taliban insurgents. "The suicide attacker rammed h
Published 11 Nov, 2016 12:00am
Taliban attack German consulate in Mazar-i-Sharif

Taliban attack German consulate in Mazar-i-Sharif

A huge suicide car bomb struck the German consulate in the northern Afghan city of Mazar-i-Sharif late Thursday, killing at least one person and wounding 29 others, officials said, in an attack claimed by Taliban insurgents. "The suicide attacker rammed h
Published 11 Nov, 2016 12:00am
NA-110 Sialkot: Supreme Court dismisses pleas against Asif's election

NA-110 Sialkot: Supreme Court dismisses pleas against Asif's election

Dismissing pleas challenging the incumbent Defence Minister Khawaja Asif's victory from National Assembly constituency NA-110 Sialkot in general elections 2013, the Supreme Court on Thursday upheld the Election Tribunal's verdict in the matter.A three-mem
Published 11 Nov, 2016 12:00am
NA-110 Sialkot: Supreme Court dismisses pleas against Asif's election

NA-110 Sialkot: Supreme Court dismisses pleas against Asif's election

Dismissing pleas challenging the incumbent Defence Minister Khawaja Asif's victory from National Assembly constituency NA-110 Sialkot in general elections 2013, the Supreme Court on Thursday upheld the Election Tribunal's verdict in the matter.A three-mem
Published 11 Nov, 2016 12:00am
World Bank links growth to reforms, CPEC implementation

World Bank links growth to reforms, CPEC implementation

Growth acceleration for Pakistan will depend on the implementation of structural reforms in energy and taxation, and implementation of the China Pakistan Economic Corridor (CPEC), says the World Bank (WB). The WB report "Pakistan Development Update", laun
Published 11 Nov, 2016 12:00am
World Bank links growth to reforms, CPEC implementation

World Bank links growth to reforms, CPEC implementation

Growth acceleration for Pakistan will depend on the implementation of structural reforms in energy and taxation, and implementation of the China Pakistan Economic Corridor (CPEC), says the World Bank (WB). The WB report "Pakistan Development Update", laun
Published 11 Nov, 2016 12:00am
World Bank links growth to reforms, CPEC implementation

World Bank links growth to reforms, CPEC implementation

Growth acceleration for Pakistan will depend on the implementation of structural reforms in energy and taxation, and implementation of the China Pakistan Economic Corridor (CPEC), says the World Bank (WB). The WB report "Pakistan Development Update", laun
Published 11 Nov, 2016 12:00am
World Bank links growth to reforms, CPEC implementation

World Bank links growth to reforms, CPEC implementation

Growth acceleration for Pakistan will depend on the implementation of structural reforms in energy and taxation, and implementation of the China Pakistan Economic Corridor (CPEC), says the World Bank (WB). The WB report "Pakistan Development Update", laun
Published 11 Nov, 2016 12:00am
PSM employees: salaries approved by ECC

PSM employees: salaries approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Federal Cabinet Thursday approved payment of three months' salaries to the employees of Pakistan Steel Mills Corporation (PSM). The ECC meeting chaired by Finance Minister Ishaq Dar on a propo
Published 11 Nov, 2016 12:00am
PSM employees: salaries approved by ECC

PSM employees: salaries approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Federal Cabinet Thursday approved payment of three months' salaries to the employees of Pakistan Steel Mills Corporation (PSM). The ECC meeting chaired by Finance Minister Ishaq Dar on a propo
Published 11 Nov, 2016 12:00am
PSM employees: salaries approved by ECC

PSM employees: salaries approved by ECC

A meeting of the Economic Co-ordination Committee (ECC) of the Federal Cabinet Thursday approved payment of three months'' salaries to the employees of Pakistan Steel Mills Corporation (PSM). The ECC meeting chaired by Finance Minister Ishaq Dar on a prop
Published 11 Nov, 2016 12:00am