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Archive - 2017-12-28
Falcon 7X business jet
Featured Photos

Falcon 7X business jet

A privately-owned Dassault Falcon 7X business jet aircraft is seen after it was blown off the airport apron and into
Published 28 Dec, 2017 04:45pm
Foldable vehicle Earth-1
Featured Photos

Foldable vehicle Earth-1

A combination photo shows Four Link Systems, Inc's fully electric foldable vehicle 'Earth-1' which was designed by K
Published 28 Dec, 2017 03:23pm
Busy Nightingale
Featured Photos

Busy Nightingale

A nightingale busy in eating "Papaya" fruit on a tree. Copyright APP (Associated Press of Pakistan), 2017
Published 28 Dec, 2017 11:14am
Urea off-take slows down
Miscellaneous

Urea off-take slows down

The best ever Kharif season in terms of urea application has not transpired exactly into great farm economy, or so it se
Published 28 Dec, 2017 08:02am
Miftah - to set the tone
Miscellaneous

Miftah - to set the tone

It took PML-N a little over three months to formally give Miftah the portfolio equivalent of a federal minister as the a
Published 28 Dec, 2017 07:59am
Bank holiday

Bank holiday

The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 1, 2018, observed as bank holiday. All banks/DFIs/MFBs will, therefore, remain closed for public dealing on the abovesaid date. However, all employees of banks/DFIs/
Published 28 Dec, 2017 12:00am
Urs of Hazrat Saani to start today

Urs of Hazrat Saani to start today

The three-day celebrations of Urs of Hazrat Sheikh Syed Abdul Qaadir Saani (RA) will start from Thursday at his shrine situated at Birdwood Road, Lahore.
Published 28 Dec, 2017 12:00am
Munnu Bhai admitted to hospital

Munnu Bhai admitted to hospital

The celebrated veteran columnist, drama writer, poet and intellectual Munnu Bhai has again been admitted to a private hospital after suffering chest infection, kidney ailment. The 84 year old play writer of several popular TV serials earlier suffered brai
Published 28 Dec, 2017 12:00am
DFID, ADB to continue supporting economic corridors development

DFID, ADB to continue supporting economic corridors development

The Hasan Abdal-Havelian Expressway, supported by the Department of International Development (DFID) and the Asian Development Bank (ADB), was inaugurated today by the Prime Minister of Pakistan Shahid Khaqan Abbassi. E-35 is part of DFID's Pakistan Econo
Published 28 Dec, 2017 12:00am
Motor companies to be granted Brownfield status

Motor companies to be granted Brownfield status

Ministry of Industries and Production (MoI&P) is all set to grant Brownfield status to M/s Dewaan Farooq Motors Ltd (DFML)/M/s Dewan Dachan Motors Ltd (DDML) due to special intervention of Minister for Industries and Production, Ghulam Murtaza Khan Jaoi a
Published 28 Dec, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 27, 2017).

Published 28 Dec, 2017 12:00am
Motor companies to be granted Brownfield status

Motor companies to be granted Brownfield status

Ministry of Industries and Production (MoI&P) is all set to grant Brownfield status to M/s Dewaan Farooq Motors Ltd (DFML)/M/s Dewan Dachan Motors Ltd (DDML) due to special intervention of Minister for Industries and Production, Ghulam Murtaza Khan Jaoi a
Published 28 Dec, 2017 12:00am
Motor companies to be granted Brownfield status

Motor companies to be granted Brownfield status

Ministry of Industries and Production (MoI&P) is all set to grant Brownfield status to M/s Dewaan Farooq Motors Ltd (DFML)/M/s Dewan Dachan Motors Ltd (DDML) due to special intervention of Minister for Industries and Production, Ghulam Murtaza Khan Jaoi a
Published 28 Dec, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

Slight appreciation was seen on the money market on Wednesday as the rupee inched up in terms of the dollar in process of trading, dealers said. The rupee was up by two paisas in relation to the dollar for buying and selling at Rs 110.47 at Rs 110.50, the
Published 28 Dec, 2017 12:00am
Obama warns of social media dangers

Obama warns of social media dangers

Former US President Barack Obama told Britain's Prince Harry he was concerned social media was "corroding civil discourse", in what he said was his first interview since leaving the White House, aired Wednesday. "One of the dangers of the internet is that
Published 28 Dec, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

Slight appreciation was seen on the money market on Wednesday as the rupee inched up in terms of the dollar in process of trading, dealers said. The rupee was up by two paisas in relation to the dollar for buying and selling at Rs 110.47 at Rs 110.50, the
Published 28 Dec, 2017 12:00am
Obama warns of social media dangers

Obama warns of social media dangers

Former US President Barack Obama told Britain's Prince Harry he was concerned social media was "corroding civil discourse", in what he said was his first interview since leaving the White House, aired Wednesday. "One of the dangers of the internet is that
Published 28 Dec, 2017 12:00am
PM's package: Rs 2.5 billion released

PM's package: Rs 2.5 billion released

The government has released Rs 2.5 billion for implementation of the Prime Minister's Export Incentives Package bringing the total released amount to Rs 16.5 billion, it was learnt. Official sources revealed to Business Recorder that exporters have
Published 28 Dec, 2017 12:00am
PM's package: Rs 2.5 billion released

PM's package: Rs 2.5 billion released

The government has released Rs 2.5 billion for implementation of the Prime Minister's Export Incentives Package bringing the total released amount to Rs 16.5 billion, it was learnt. Official sources revealed to Business Recorder that exporters have
Published 28 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 27, 2017).

Published 28 Dec, 2017 12:00am
PM''s package: Rs 2.5 billion released

PM''s package: Rs 2.5 billion released

The government has released Rs 2.5 billion for implementation of the Prime Minister''s Export Incentives Package bringing the total released amount to Rs 16.5 billion, it was learnt. Official sources revealed to Business Recorder that exporters hav
Published 28 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 27, 2017).

Published 28 Dec, 2017 12:00am
Shahbaz leaves for KSA on Saudi plane

Shahbaz leaves for KSA on Saudi plane

Punjab Chief Minister Shahbaz Sharif on Wednesday left for Saudi Arabia where he is expected to hold important meetings with the royals. The CM's visit follows his meeting with the Saudi ambassador to Pakistan three days back in Lahore. The Saudi governme
Published 28 Dec, 2017 12:00am
Shahbaz leaves for KSA on Saudi plane

Shahbaz leaves for KSA on Saudi plane

Punjab Chief Minister Shahbaz Sharif on Wednesday left for Saudi Arabia where he is expected to hold important meetings with the royals. The CM's visit follows his meeting with the Saudi ambassador to Pakistan three days back in Lahore. The Saudi governme
Published 28 Dec, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (December 27, 2017).

Published 28 Dec, 2017 12:00am
Saudi businessman released from detention

Saudi businessman released from detention

A Saudi Arabian businessman whose family's commercial empire is involved in a multi-billion dollar debt dispute has been released from detention in the kingdom's Eastern Province, according to sources familiar with the matter.
Published 28 Dec, 2017 12:00am
Saudi businessman released from detention

Saudi businessman released from detention

A Saudi Arabian businessman whose family's commercial empire is involved in a multi-billion dollar debt dispute has been released from detention in the kingdom's Eastern Province, according to sources familiar with the matter.
Published 28 Dec, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 27, 2017)

Published 28 Dec, 2017 12:00am
E&P companies allowed to transfer input tax to working interests

E&P companies allowed to transfer input tax to working interests

The federal government has allowed exploration & production (E&P) companies serving as operator in a petroleum concession area to transfer proportionate input tax to other working interest owners. The government also approved exclusion from 2 percent extr
Published 28 Dec, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 27, 2017).

Published 28 Dec, 2017 12:00am
E&P companies allowed to transfer input tax to working interests

E&P companies allowed to transfer input tax to working interests

The federal government has allowed exploration & production (E&P) companies serving as operator in a petroleum concession area to transfer proportionate input tax to other working interest owners. The government also approved exclusion from 2 percent extr
Published 28 Dec, 2017 12:00am
E&P companies allowed to transfer input tax to working interests

E&P companies allowed to transfer input tax to working interests

The federal government has allowed exploration & production (E&P) companies serving as operator in a petroleum concession area to transfer proportionate input tax to other working interest owners. The government also approved exclusion from 2 percent extr
Published 28 Dec, 2017 12:00am
PM's export package

PM's export package

PM's export package was unveiled with high hopes to accelerate the rate of export expansion. However, this measure seems to have recently encountered certain problems. According to the Pakistan Readymade Garments Manufacturers and Exporters Association (P
Published 28 Dec, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (December 27, 2017) and the forecast for Thursday (December 28, 2017).

Published 28 Dec, 2017 12:00am
Remembering Benazir

Remembering Benazir

Benazir Bhutto was the queen of hearts of millions of people in Pakistan and abroad, and her legacy remains fresh and relevant even 10 years after her death. The occasion of the anniversary of her martyrdom recalls the words of the queen of hearts in Alic
Published 28 Dec, 2017 12:00am
The Dagha style
Exchange

The Dagha style

We love the Commerce Secretary's way of doing things. He asks the Trade Associations, etc., for inputs on policy, sets up committees, and takes off for distant shores. The Press coverage that follows his trade diplomacy is his GPS tracker.
Published 28 Dec, 2017 12:00am
Authority without Responsibility

Authority without Responsibility

When Chief Justice Saqib Nisar accompanied by two colleagues went on an inspection tour of Lahore's Mayo Hospital many eyebrows were raised; it seemed far beyond judicial purview. Not so though considering what they found: missing from the city's oldest a
Published 28 Dec, 2017 12:00am
Kulbhushan Jadhav

Kulbhushan Jadhav

Convicted Indian spy Kulbhushan Jadhav met with his mother and wife after Pakistan allowed the meeting to take place on sheer humanitarian grounds.
Published 28 Dec, 2017 12:00am
Hajj Policy announced: 179,210 Pakistanis to perform Hajj in 2018

Hajj Policy announced: 179,210 Pakistanis to perform Hajj in 2018

The government has announced the Hajj Policy 2018 under which a total of 179,210 Pakistanis intending pilgrimage will perform Hajj, of them 120,000 will be selected through government scheme while 59,210 will be chosen through private Hajj scheme.
Published 28 Dec, 2017 12:00am
Senate body passes SZAMU (Amendment) Bill

Senate body passes SZAMU (Amendment) Bill

The Senate Standing Committee on Cabinet Secretariat on Wednesday passed 'The Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) Islamabad (Amendment) Bill, 2017.' The committee met with Senator Muhammad Talha Mehmood in the chair at the Parliament H
Published 28 Dec, 2017 12:00am
PTI urges Gilgit-Baltistan CM to resign

PTI urges Gilgit-Baltistan CM to resign

Pakistan Tehreek-e-Insaf has demanded immediate resignation from Chief Minister Gilgit-Baltistan Hafiz Hafeezur Rehman over the ongoing crisis in Gilgit-Baltistan.
Published 28 Dec, 2017 12:00am
Senators start lobbying for upcoming Senate polls

Senators start lobbying for upcoming Senate polls

As Senate elections are drawing nearer, some senators whose terms are going to be completed in March, have started lobbying to stage a comeback in the forthcoming Senate election with the help of parties that enjoy majority in provincial assemblies - the
Published 28 Dec, 2017 12:00am
PTI submits intra-party election details in ECP

PTI submits intra-party election details in ECP

Pakistan Tehreek-e-Insaf on Wednesday submitted all details of its intra-party elections in the Election Commission of Pakistan to fulfill legal requirement in an ongoing case against the intra-party polls.
Published 28 Dec, 2017 12:00am
Cheetay.pk partners with Pepsi

Cheetay.pk partners with Pepsi

Cheetay.pk has collaborated with Pepsi as its official beverage partner, said an announcement here on Tuesday.
Published 28 Dec, 2017 12:00am
CoAS lauds POF employees' contribution towards self-reliance

CoAS lauds POF employees' contribution towards self-reliance

Chief of Army Staff (CoAS) Qamar Javed Bajwa on Wednesday emphasized the need for technological up-gradation and maximum indigenization to attain total self-reliance in the field of defence production. While visiting Pakistan Ordnance Factories (POF) Wah,
Published 28 Dec, 2017 12:00am
ACLC, police recover stolen vehicles worth Rs 77.3 million

ACLC, police recover stolen vehicles worth Rs 77.3 million

The Anti-Car Lifting Cell (ACLC) and different police stations recovered 115 stolen vehicles, including motorbikes, valuing Rs 77.3 million during the current year, said senior superintendent of police (SSP) on Wednesday. Addressing a press conference her
Published 28 Dec, 2017 12:00am
SC seeks details of private law colleges

SC seeks details of private law colleges

The Supreme Court on Wednesday directed vice chancellors of public sector universities to submit their affidavits with details of affiliation granted to private law colleges by January 20.
Published 28 Dec, 2017 12:00am
Islamabad's CNG stations to remain closed 10 hours daily

Islamabad's CNG stations to remain closed 10 hours daily

Taking serious notice of low gas pressure in the city, Islamabad Capital Territory (ICT) administration Wednesday ordered closure of CNG stations 10 hours a day to facilitate domestic consumers. According to a notification issued by Deputy Commissioner Ca
Published 28 Dec, 2017 12:00am
Electricity demanded for Upper Chitral

Electricity demanded for Upper Chitral

The elected members of the local government at a meeting here demanded that the provision of electricity from the Golen Gol powerhouse should be ensured in every nook and corner of Upper Chitral. The meeting was attended among others by members and nazims
Published 28 Dec, 2017 12:00am
Business community hails Miftah's appointment

Business community hails Miftah's appointment

The trade and industry representatives have welcomed the appointment of Dr Miftah Ismail as Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, with the status of Federal Minister. They appreciated the step taken by the Prime Minister
Published 28 Dec, 2017 12:00am
Salmonella Agona: FBR yet to slap ban on import of infant milk

Salmonella Agona: FBR yet to slap ban on import of infant milk

The Federal Board of Revenue (FBR) has so far not issued any order to slap a ban on the import of specific infant formula milk to contain the outbreak of Salmonella Agona infection in Pakistan. Although the office of the inspector of drugs, Islamabad has
Published 28 Dec, 2017 12:00am
'Academia-industry linkages vital for economic uplift'

'Academia-industry linkages vital for economic uplift'

Chairman Pakistan Science Foundation Dr Muhammad Ashraf said that academia-industry linkages have become vital for educational and economic uplift. These linkages ensure industrial growth and technologic advancement but regretfully Pakistan is lagging beh
Published 28 Dec, 2017 12:00am
'Economic development best weapon against extremism'

'Economic development best weapon against extremism'

Islamabad Chamber of Small Traders on Wednesday said economic development is the best weapon against extremism which should be utilized to ensure peace. The situation has been improved in FATA and now the government should focus on improving the social se
Published 28 Dec, 2017 12:00am
Musharraf exploited situation to kill my mother: alleges Bilawal

Musharraf exploited situation to kill my mother: alleges Bilawal

Pakistan Peoples Party Chairman Bilawal Bhutto Zardari held former military dictator Pervez Musharraf personally responsible for the murder of his mother Benazir Bhutto, in an interview to BBC. "Musharraf exploited this entire situation to assassinate my
Published 28 Dec, 2017 12:00am
FPCCI felicitates Miftah Ismail

FPCCI felicitates Miftah Ismail

The FPCCI President Zubair F Tufail, S M Munir and Iftikhar Ali Malik have hailed the appointment of Dr Miftah Ismail as Advisor to Prime Minister for Finance. They have appreciated the step taken by the Prime Minister to form a new finance team which is
Published 28 Dec, 2017 12:00am
Who killed Benazir Bhutto?

Who killed Benazir Bhutto?

Ten years after former prime minister Benazir Bhutto, the first woman to lead a Muslim nation, was killed in Rawalpindi the unanswered questions about her assassination still fuel conspiracy theories. Earlier this year two police officers were found guilt
Published 28 Dec, 2017 12:00am
EFP voices concern over unscheduled holidays

EFP voices concern over unscheduled holidays

Employers Federation of Pakistan has expressed deep concern on the unscheduled holiday announced by the Sindh government. The 11th hour notification issued by the Sindh Labor Department is a case in point.
Published 28 Dec, 2017 12:00am
Two labourers die after falling into ditch

Two labourers die after falling into ditch

Two labourers died after they fell into a ditch late Tuesday night and got buried under dug-up soil here in the metropolis' Bhains Colony No 11.5 locale, police officials said. The law enforcement agencies explained that the two victims were engaged in di
Published 28 Dec, 2017 12:00am
Snowy weather forecast

Snowy weather forecast

The winter cold continues to grip the most parts, as the Met Office on Wednesday forecast a frosting and snowy weather for the country in the next 24 hours. Minimum temperature was minus 6 degrees Celsius in Gupis, minus 5 in Astore and minus 3, each, in
Published 28 Dec, 2017 12:00am
Financially-starved KMC unable to pay salaries

Financially-starved KMC unable to pay salaries

Karachi Metropolitan Corporation (KMC) is facing scarcity of funds to the tune of around Rs 300 million, creating problems for the civic utility to ensure timely payments to staff and pensioners. This was stated by KMC's Welfare Department officials while
Published 28 Dec, 2017 12:00am
SC expresses dismay over strikes of legal fraternity

SC expresses dismay over strikes of legal fraternity

The Supreme Court on Wednesday expressed dismay over strikes of legal fraternity, observing private law colleges are producing bar members instead of lawyers in the country. Resuming the hearing of bail matters, a two-member bench of Justice Dost Muhammad
Published 28 Dec, 2017 12:00am
KP governor discusses Fata's development plan

KP governor discusses Fata's development plan

The first meeting of the commission formed with the approval of the Federal Cabinet for the ten-year development program for the FATA's development was held under the chairmanship of Governor KP Engineer Iqbal Zafar Jhagra Wednesday at Governor's House, P
Published 28 Dec, 2017 12:00am
Panels formed for enrolling 40 million street children in schools

Panels formed for enrolling 40 million street children in schools

Federal Ombudsman Syed Tahir Shahbaz Wednesday said that committees have been established to protect forty million street children vulnerable to harassment and facing difficulties in getting education facilities across the country.
Published 28 Dec, 2017 12:00am
75,722 employees of different pay scales upgraded

75,722 employees of different pay scales upgraded

KP Chief Minister Pervez Khattak has approved the upgradation of 75,722 employees of different pay scales. The upgraded employees included 53,883 constables from BPS-5 to BPS-7, head constables 9,095 from BPS-7 to BPS-9, 2,758 sub inspectors from BPS-9 to
Published 28 Dec, 2017 12:00am
AJK PM chalks out plan for observing self-determination day

AJK PM chalks out plan for observing self-determination day

Azad Jammu and Kashmir (AJK) Prime Minister Raja Farooq Haider Khan has constituted a ministerial committee to oversee arrangements of different functions in connection with self determination day that will be observed in Azad Jammu and Kashmir on January
Published 28 Dec, 2017 12:00am
Names of JUI-F candidates for KP, Fata polls finalised

Names of JUI-F candidates for KP, Fata polls finalised

The provincial executive council of JUI-F Khyber Pakhtunkhwa has completed recommendations on the candidates for 99 provincial and 47 National Assembly constituencies from Khyber Pakhtunkhwa and Fata. This was stated in a press release issued after meetin
Published 28 Dec, 2017 12:00am
181 awarded degrees at NUST's convocation

181 awarded degrees at NUST's convocation

To commemorate the academic accomplishments of its graduating students, NUST School of Social Sciences & Humanities (S3H) held its fourth postgraduate and undergraduate convocation, here on Wednesday. Syed Majeed Ullah Husaini, President and CEO of Askari
Published 28 Dec, 2017 12:00am
PPP leaders accuse Musharraf of murdering BB

PPP leaders accuse Musharraf of murdering BB

Provincial leadership of Pakistan Peoples Party and Peoples Doctors Forum accused former military dictator General Pervez Musharraf (Retd) of having hands in the killing of Benazir Bhutto and demanded his arrest and other co-accused in the murder of forme
Published 28 Dec, 2017 12:00am
Nacta convenes meeting of chambers' heads

Nacta convenes meeting of chambers' heads

National coordinator of National Counter Terrorism Authority (NACTA) Ihsan Ghani convened a meeting of presidents of chambers of commerce. During his interaction with the delegates from Islamabad, Faisalabad, Sailkot and Lahore Chambers of Commerce, the N
Published 28 Dec, 2017 12:00am
WFP lauds China's food assistance for IDPs
Vegetable Oil

WFP lauds China's food assistance for IDPs

The United Nations World Food Programme (WFP) on Wednesday praised what it called a "landmark contribution" by China that will provide food and nutrition assistance to displaced people and returnee families in Pakistan's Khyber Pakhtunkhwa (KP) and the Fe
Published 28 Dec, 2017 12:00am
Benazir Bhutto's death anniversary observed in Bajaur

Benazir Bhutto's death anniversary observed in Bajaur

The 10th death anniversary of former Prime Minister Shaheed Benazir Bhutto was observed in Bajaur Agency on Wednesday. In this connection, the workers of Pakistan people's party local chapter held a number of functions and events in different areas of the
Published 28 Dec, 2017 12:00am
Saarc CCI vows to serve the region

Saarc CCI vows to serve the region

The SAARC Chamber of Commerce and Industry, as an apex body in the region, turned 25 years and renewed its solemn pledge to continue for greater economic integration by fully exploiting all indigenous natural resources for the progress, prosperity, develo
Published 28 Dec, 2017 12:00am
Central Selection Board to meet on January 9

Central Selection Board to meet on January 9

Central Selection Board (CSB) meeting scheduled to be held from January 9 to 12 2018, may not take up cases of over 250 officers of cadre and non-cadre groups for promotion into next grades (from BS-19 to 20 and from BS-20 to BS-21), as the Board is sched
Published 28 Dec, 2017 12:00am
Ninth UVAS convocation held

Ninth UVAS convocation held

The 9th Convocation of the University of Veterinary and Animal Sciences Lahore was held here on Wednesday. Pro-Chancellor and Punjab Minister for Livestock and Dairy Development Asif Saeed Manis presided over the convocation in which 1,256 graduates were
Published 28 Dec, 2017 12:00am
Russian diplomat for enhancing trade, economic ties

Russian diplomat for enhancing trade, economic ties

Trade Representative, Embassy of Russian Federation in Pakistan Yury Kozlov has pledged to make joint efforts to enhance the volume of two-way trade and to cement the economic and diplomatic relations between the two countries. He was talking to the offic
Published 28 Dec, 2017 12:00am
Protest against levy of taxes in GB enters seventh day

Protest against levy of taxes in GB enters seventh day

The residents of Gilgit-Baltistan (GB) on Wednesday are taking out a long march in protest against taxes imposed by the federal government after holding demonstrations in various districts of the region for last six days. The protest call is backed by the
Published 28 Dec, 2017 12:00am
Harassment-free working environment for women urged

Harassment-free working environment for women urged

Dr Farah Masood, Secretary Punjab Labor and Human Resource Department, emphasized the need of educating the girls, setting up "training cum works centers for women and girls" and sorting out the problems in their commuting from home to workplace to home.
Published 28 Dec, 2017 12:00am
Zardari likely to meet Qadri tomorrow

Zardari likely to meet Qadri tomorrow

As year 2017 is ending in next three days and the country is cash starved to meet its international obligations, the political and religious forces are closing their circle around Sharif brothers to take revenge of June 2014 Model Town tragedy and blunder
Published 28 Dec, 2017 12:00am
APBF terms commercial banks' financing ratio for SMEs 'pathetic'

APBF terms commercial banks' financing ratio for SMEs 'pathetic'

As the State Bank of Pakistan has launched its policy for the promotion of SME finance, the All Pakistan Business Forum has urged the commercial banks to improve its financing for SME sector which contributes around 40 percent to the national gross domest
Published 28 Dec, 2017 12:00am
SOU to play frontline role against criminals: minister

SOU to play frontline role against criminals: minister

Provincial Minister for Anti-Terrorism Sardar Ayub Khan Gaadhi said on Wednesday that the newly-established Special Operations Unit (SOU) will play a frontline role in operations against hardcore criminals and terrorisms in the province.
Published 28 Dec, 2017 12:00am
Farmers' representatives term 2017 bad for agriculture sector
Cotton

Farmers' representatives term 2017 bad for agriculture sector

Representatives of different farmer organizations have termed the year 2017 as 'not good for the agricultural sector' both in production and price of different crops making it a trade deficit for the growers. Director Farmers Associate Pakistan (FAP) Dr Z
Published 28 Dec, 2017 12:00am
Collective efforts needed for making country strong: Shahbaz

Collective efforts needed for making country strong: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif Wednesday said the country cannot afford anarchy or chaos and the need of the hour is that all should collectively work for prosperity of the country. "Collective approach is needed to move the country forward
Published 28 Dec, 2017 12:00am
MMA to contest next general elections: JI chief

MMA to contest next general elections: JI chief

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the MMA would contest the next general elections with the cooperation of religious parties and the corruption free people believing in the Pakistan ideology. According to media cell of JI at Man
Published 28 Dec, 2017 12:00am
Construction of Bab-e-Pakistan begins

Construction of Bab-e-Pakistan begins

The Parks & Horticulture Authority (PHA) has started construction of first phase of 117-acres Bab-e-Pakistan which included construction of a monument, sports complex and central alleys. MPA Yasin Sohl said Chief Minister Punjab Shahbaz Sharif will lay do
Published 28 Dec, 2017 12:00am
Governor's son summoned for interfering in affairs of medical college

Governor's son summoned for interfering in affairs of medical college

The Supreme Court of Pakistan on Wednesday hearing a suo motu case on fee structure and admission criteria of private medical colleges summoned Punjab Governor's son Asif Rajwana over his alleged interference in a private medical college despite the stay
Published 28 Dec, 2017 12:00am
PHC lets BMP candidate contest FPCCI poll

PHC lets BMP candidate contest FPCCI poll

The Peshawar High Court (PHC) has allowed Senator Haji Ghulam Ali to contest FPCCI's presidential election tomorrow (Friday) at Federation House, Karachi. BMP spokesman Ahmad Jawad told Business Recorder, here on Wednesday. He said BMP has been vindicated
Published 28 Dec, 2017 12:00am
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