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Archive - 2017-12-21
Rangers nab 18 criminals
General News

Rangers nab 18 criminals

KARACHI: Sindh Rangers on Thursday arrested 18 criminals including a member of a banned outfit in different targeted rai
Published 21 Dec, 2017 07:04pm
Two die in Iran quake panic
Asia

Two die in Iran quake panic

TEHRAN: An elderly woman and a young girl died and nearly 100 people were injured as a 5.2 magnitude earthquake spar
Published 21 Dec, 2017 01:17pm
The trade noise
Miscellaneous

The trade noise

Yesterday, the Ukrainian ambassador said that his country plans to enhance its bilateral trade with Pakistan to $1 billi
Updated 21 Dec, 2017 10:31am
End of PET exports?
Chemicals

End of PET exports?

Pakistan’s plastics exports have seen their fortune decline since their peak in 2011 when they crossed the half a billio
Updated 21 Dec, 2017 08:34am
Tractors and players abound
Automobile

Tractors and players abound

As Hyundai prepares to come in with Nishat Mills for its South Korean models of cars and commercial vehicles, Millat Tra
Published 21 Dec, 2017 08:01am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am
UN rights chief refuses to 'bend knee' after US clash

UN rights chief refuses to 'bend knee' after US clash

The United Nations' top human rights official, a sharp critic of US President Donald Trump, declared Wednesday that he will not toe the line to seek re-election in his post. Zeid Ra'ad Al Hussein, the UN High Commissioner for Human Rights, told staff in a
Published 21 Dec, 2017 12:00am
UN rights chief refuses to 'bend knee' after US clash

UN rights chief refuses to 'bend knee' after US clash

The United Nations' top human rights official, a sharp critic of US President Donald Trump, declared Wednesday that he will not toe the line to seek re-election in his post. Zeid Ra'ad Al Hussein, the UN High Commissioner for Human Rights, told staff in a
Published 21 Dec, 2017 12:00am
'Know your place': Erdogan rebukes UAE minister over tweet

'Know your place': Erdogan rebukes UAE minister over tweet

Turkish President Recep Tayyip Erdogan hit back Wednesday at the United Arab Emirates' foreign minister over a social media post that accused "Erdogan's ancestors" of kidnapping people of Madina in the early 20th century. Sheikh Abdullah bin Zayed al-Nahy
Published 21 Dec, 2017 12:00am
'Know your place': Erdogan rebukes UAE minister over tweet

'Know your place': Erdogan rebukes UAE minister over tweet

Turkish President Recep Tayyip Erdogan hit back Wednesday at the United Arab Emirates' foreign minister over a social media post that accused "Erdogan's ancestors" of kidnapping people of Madina in the early 20th century. Sheikh Abdullah bin Zayed al-Nahy
Published 21 Dec, 2017 12:00am
Sugar export: government refuses to increase freight rebate

Sugar export: government refuses to increase freight rebate

The federal government on Wednesday refused to increase freight rebate on sugar export from existing level of Rs 10.70 per kg, but consented to procure 0.3 million tons of sugar through Trading Corporation of Pakistan (TCP), well informed sources told
Published 21 Dec, 2017 12:00am
Sugar export: government refuses to increase freight rebate

Sugar export: government refuses to increase freight rebate

The federal government on Wednesday refused to increase freight rebate on sugar export from existing level of Rs 10.70 per kg, but consented to procure 0.3 million tons of sugar through Trading Corporation of Pakistan (TCP), well informed sources told
Published 21 Dec, 2017 12:00am
Sugar export: government refuses to increase freight rebate

Sugar export: government refuses to increase freight rebate

The federal government on Wednesday refused to increase freight rebate on sugar export from existing level of Rs 10.70 per kg, but consented to procure 0.3 million tons of sugar through Trading Corporation of Pakistan (TCP), well informed sources told
Published 21 Dec, 2017 12:00am
Visas to wife, mother of Jadhav issued

Visas to wife, mother of Jadhav issued

Pakistan has issued visas to the mother and wife of Kulbhushan Jadhav, a convicted Indian spy, to meet him here on December 25, 2017, Foreign Office said. "Pakistan High Commission in New Delhi issued the visas to the mother and wife of Commander Jadhav t
Published 21 Dec, 2017 12:00am
Visas to wife, mother of Jadhav issued

Visas to wife, mother of Jadhav issued

Pakistan has issued visas to the mother and wife of Kulbhushan Jadhav, a convicted Indian spy, to meet him here on December 25, 2017, Foreign Office said. "Pakistan High Commission in New Delhi issued the visas to the mother and wife of Commander Jadhav t
Published 21 Dec, 2017 12:00am
$6.5 billion bonds in four years

$6.5 billion bonds in four years

The government has issued $6.5 billion Sukuk and Eurobonds in the international capital market during the last four years for balance of payment and budgetary supports. Finance Division was set to brief the Senate Standing Committee on Finance on December
Published 21 Dec, 2017 12:00am
$6.5 billion bonds in four years

$6.5 billion bonds in four years

The government has issued $6.5 billion Sukuk and Eurobonds in the international capital market during the last four years for balance of payment and budgetary supports. Finance Division was set to brief the Senate Standing Committee on Finance on December
Published 21 Dec, 2017 12:00am
$6.5 billion bonds in four years

$6.5 billion bonds in four years

The government has issued $6.5 billion Sukuk and Eurobonds in the international capital market during the last four years for balance of payment and budgetary supports. Finance Division was set to brief the Senate Standing Committee on Finance on December
Published 21 Dec, 2017 12:00am
$6.5 billion bonds in four years

$6.5 billion bonds in four years

The government has issued $6.5 billion Sukuk and Eurobonds in the international capital market during the last four years for balance of payment and budgetary supports. Finance Division was set to brief the Senate Standing Committee on Finance on December
Published 21 Dec, 2017 12:00am
CA deficit soars to $6.43 billion in July-November
Exchange

CA deficit soars to $6.43 billion in July-November

The country's external account continued to deteriorate and posted over 6 billion dollar current account deficit during the first five month of this fiscal year. Economists said that some concerns have been emerged on external account due to insufficient
Published 21 Dec, 2017 12:00am
CA deficit soars to $6.43 billion in July-November
Exchange

CA deficit soars to $6.43 billion in July-November

The country's external account continued to deteriorate and posted over 6 billion dollar current account deficit during the first five month of this fiscal year. Economists said that some concerns have been emerged on external account due to insufficient
Published 21 Dec, 2017 12:00am
CA deficit soars to $6.43 billion in July-November
Exchange

CA deficit soars to $6.43 billion in July-November

The country''s external account continued to deteriorate and posted over 6 billion dollar current account deficit during the first five month of this fiscal year. Economists said that some concerns have been emerged on external account due to insufficient
Published 21 Dec, 2017 12:00am
SBP clarifies financing gap numbers
Exchange

SBP clarifies financing gap numbers

This is to clarify that the estimate of financing gap for FY18, attributed to Governor SBP, appearing in Wednesday's newspapers is misconstrued. It appears that the numbers have been confused with the gross external financing requirements of the country.
Published 21 Dec, 2017 12:00am
SBP clarifies financing gap numbers
Exchange

SBP clarifies financing gap numbers

This is to clarify that the estimate of financing gap for FY18, attributed to Governor SBP, appearing in Wednesday's newspapers is misconstrued. It appears that the numbers have been confused with the gross external financing requirements of the country.
Published 21 Dec, 2017 12:00am
SBP clarifies financing gap numbers
Exchange

SBP clarifies financing gap numbers

This is to clarify that the estimate of financing gap for FY18, attributed to Governor SBP, appearing in Wednesday''s newspapers is misconstrued. It appears that the numbers have been confused with the gross external financing requirements of the country.
Published 21 Dec, 2017 12:00am
EU singles out China as distorted state-run economy

EU singles out China as distorted state-run economy

The European Union introduced new rules on Wednesday to guard against excessively cheap imports and singled out China for special attention in a report spelling out how its economy is distorted by the state. In a 465-page report, the European Commission c
Published 21 Dec, 2017 12:00am
EU singles out China as distorted state-run economy

EU singles out China as distorted state-run economy

The European Union introduced new rules on Wednesday to guard against excessively cheap imports and singled out China for special attention in a report spelling out how its economy is distorted by the state. In a 465-page report, the European Commission c
Published 21 Dec, 2017 12:00am
EU singles out China as distorted state-run economy

EU singles out China as distorted state-run economy

The European Union introduced new rules on Wednesday to guard against excessively cheap imports and singled out China for special attention in a report spelling out how its economy is distorted by the state. In a 465-page report, the European Commission c
Published 21 Dec, 2017 12:00am
Xi puts his stamp on China's economy

Xi puts his stamp on China's economy

President Xi Jinping stamped his authority over China's economy at a major meeting ending Wednesday, which called for "reasonable" credit expansion, increased imports and more open markets and efforts to curb noxious pollution. The pledges were made under
Published 21 Dec, 2017 12:00am
Xi puts his stamp on China's economy

Xi puts his stamp on China's economy

President Xi Jinping stamped his authority over China's economy at a major meeting ending Wednesday, which called for "reasonable" credit expansion, increased imports and more open markets and efforts to curb noxious pollution. The pledges were made under
Published 21 Dec, 2017 12:00am
Xi puts his stamp on China''s economy

Xi puts his stamp on China''s economy

President Xi Jinping stamped his authority over China''s economy at a major meeting ending Wednesday, which called for "reasonable" credit expansion, increased imports and more open markets and efforts to curb noxious pollution. The pledges were made unde
Published 21 Dec, 2017 12:00am
Wapda asked to raise Rs 70 billion loan

Wapda asked to raise Rs 70 billion loan

Prime Minister Shahid Khaqan Abbasi has reportedly directed Water and Power Development Authority (Wapda) to raise a loan of Rs 70 billion from commercial banks to pay Net Hydel Profit (NHP) along with arrears to KPK and Punjab after both the provinces ar
Published 21 Dec, 2017 12:00am
Wapda asked to raise Rs 70 billion loan

Wapda asked to raise Rs 70 billion loan

Prime Minister Shahid Khaqan Abbasi has reportedly directed Water and Power Development Authority (Wapda) to raise a loan of Rs 70 billion from commercial banks to pay Net Hydel Profit (NHP) along with arrears to KPK and Punjab after both the provinces ar
Published 21 Dec, 2017 12:00am
Wapda asked to raise Rs 70 billion loan

Wapda asked to raise Rs 70 billion loan

Prime Minister Shahid Khaqan Abbasi has reportedly directed Water and Power Development Authority (Wapda) to raise a loan of Rs 70 billion from commercial banks to pay Net Hydel Profit (NHP) along with arrears to KPK and Punjab after both the provinces ar
Published 21 Dec, 2017 12:00am
BRIndex100 recoups losses
Exchange

BRIndex100 recoups losses

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying in select stocks. BRIndex100 gained 37.07 points or 0.93 percent to close at 4,031.80 points Wednesday. BRIndex100 touched intraday high of 4,050.85 and intraday
Published 21 Dec, 2017 12:00am
BRIndex100 recoups losses
Exchange

BRIndex100 recoups losses

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying in select stocks. BRIndex100 gained 37.07 points or 0.93 percent to close at 4,031.80 points Wednesday. BRIndex100 touched intraday high of 4,050.85 and intraday
Published 21 Dec, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Dec, 2017 12:00am
BRIndex100 recoups losses
Exchange

BRIndex100 recoups losses

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying in select stocks. BRIndex100 gained 37.07 points or 0.93 percent to close at 4,031.80 points Wednesday. BRIndex100 touched intraday high of 4,050.85 and intraday
Published 21 Dec, 2017 12:00am
Each province to have DGPC: PM

Each province to have DGPC: PM

Prime Minister Shahid Khaqan Abbasi on Wednesday rubbished the claim that a mysterious unexplained move is afoot to deprive the provinces of their rights to develop upstream petroleum sector on the advice of the World Bank (WB). In a statement in the Sena
Published 21 Dec, 2017 12:00am
Each province to have DGPC: PM

Each province to have DGPC: PM

Prime Minister Shahid Khaqan Abbasi on Wednesday rubbished the claim that a mysterious unexplained move is afoot to deprive the provinces of their rights to develop upstream petroleum sector on the advice of the World Bank (WB). In a statement in the Sena
Published 21 Dec, 2017 12:00am
Each province to have DGPC: PM

Each province to have DGPC: PM

Prime Minister Shahid Khaqan Abbasi on Wednesday rubbished the claim that a mysterious unexplained move is afoot to deprive the provinces of their rights to develop upstream petroleum sector on the advice of the World Bank (WB). In a statement in the Sena
Published 21 Dec, 2017 12:00am
World Bank approves $825 million loan

World Bank approves $825 million loan

The World Bank on Tuesday approved a package of $825 million to improve the national power transmission system in Pakistan, and enhance health and education service delivery by strengthening financing management and procurement systems. The $425 million N
Published 21 Dec, 2017 12:00am
World Bank approves $825 million loan

World Bank approves $825 million loan

The World Bank on Tuesday approved a package of $825 million to improve the national power transmission system in Pakistan, and enhance health and education service delivery by strengthening financing management and procurement systems. The $425 million N
Published 21 Dec, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 20, 2017).

Published 21 Dec, 2017 12:00am
World Bank approves $825 million loan

World Bank approves $825 million loan

The World Bank on Tuesday approved a package of $825 million to improve the national power transmission system in Pakistan, and enhance health and education service delivery by strengthening financing management and procurement systems. The $425 million N
Published 21 Dec, 2017 12:00am
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