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Archive - 2018-04-10
ADB to give loan for IT park in Karachi
Pakistan Top News

ADB to give loan for IT park in Karachi

ISLAMABAD: Country Director Asian Development Bank (ADB) for Pakistan Xiaohong Yang on Tuesday informed Minister of
Published 10 Apr, 2018 09:40pm
Colourful night
Featured Photos

Colourful night

A night view of the ancient town of Taierzhuang in east China's Shandong Province. INP
Published 10 Apr, 2018 07:03pm
PTI’s textile policy
Textile

PTI’s textile policy

With elections around the corner and the state of the textile sector in doldrums, the Pakistan Tehreek-Insaf (PTI) recen
Published 10 Apr, 2018 05:42am
Furnace oil coming back
Oil and Gas

Furnace oil coming back

While furnace oil might have been planned to be phased out in the long term, the imports might not stay out of the syste
Published 10 Apr, 2018 05:41am
Dollar bonds: race against time
Banking

Dollar bonds: race against time

PM Abbasi looked in a hurry last week unveiling tax amnesty. Short of time, the premier may best be remembered for his i
Published 10 Apr, 2018 05:38am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 09, 2018).
Published 10 Apr, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (April 09, 2018).

Published 10 Apr, 2018 12:00am
515: objections galore against tariff revision list

515: objections galore against tariff revision list

The Commerce Division has reportedly received a large number of objections from the domestic industry on its tariff rationalisation list of over 515 tariff lines, submitted to the Federal Board of Revenue (FBR) to incorporate in the federal budget 2018-19
Published 10 Apr, 2018 12:00am
515: objections galore against tariff revision list

515: objections galore against tariff revision list

The Commerce Division has reportedly received a large number of objections from the domestic industry on its tariff rationalisation list of over 515 tariff lines, submitted to the Federal Board of Revenue (FBR) to incorporate in the federal budget 2018-19
Published 10 Apr, 2018 12:00am
515: objections galore against tariff revision list

515: objections galore against tariff revision list

The Commerce Division has reportedly received a large number of objections from the domestic industry on its tariff rationalisation list of over 515 tariff lines, submitted to the Federal Board of Revenue (FBR) to incorporate in the federal budget 2018-19
Published 10 Apr, 2018 12:00am
Fair, free elections unlikely: Nawaz

Fair, free elections unlikely: Nawaz

Former prime minister Nawaz Sharif Monday raised grave doubts and said fair and free elections are not possible in 'current situation' and no one will accept the outcome of such polls. Talking to the media outside an accountability court hearing corruptio
Published 10 Apr, 2018 12:00am
Fair, free elections unlikely: Nawaz

Fair, free elections unlikely: Nawaz

Former prime minister Nawaz Sharif Monday raised grave doubts and said fair and free elections are not possible in 'current situation' and no one will accept the outcome of such polls. Talking to the media outside an accountability court hearing corruptio
Published 10 Apr, 2018 12:00am
China says US trade talks currently 'impossible'

China says US trade talks currently 'impossible'

China warned on Monday that trade talks with the United States were "impossible" under current conditions after President Donald Trump reassured markets by suggesting that the dispute could be resolved. The two sides have announced tit-for-tat tariffs and
Published 10 Apr, 2018 12:00am
Saudi Arabia seeks French help for music, opera and cinema

Saudi Arabia seeks French help for music, opera and cinema

Saudi Arabia is to use French expertise to set up a national opera and orchestra under an agreement signed Monday that underlined the modernising agenda of the kingdom's crown prince as he began his official trip to Paris. The deal will see the Paris oper
Published 10 Apr, 2018 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange (PSX) Monday remained dull due to selling pressure. BRIndex100 gained 1.74 points or 0.03 percent to close at 5,073.25 points up from 5,071.51 points on Friday. BRIndex100 touched intraday high of 5,097.75 and intraday low of 5,066
Published 10 Apr, 2018 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange (PSX) Monday remained dull due to selling pressure. BRIndex100 gained 1.74 points or 0.03 percent to close at 5,073.25 points up from 5,071.51 points on Friday. BRIndex100 touched intraday high of 5,097.75 and intraday low of 5,066
Published 10 Apr, 2018 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange (PSX) Monday remained dull due to selling pressure. BRIndex100 gained 1.74 points or 0.03 percent to close at 5,073.25 points up from 5,071.51 points on Friday. BRIndex100 touched intraday high of 5,097.75 and intraday low of 5,066
Published 10 Apr, 2018 12:00am
Six percent growth target missed
Cotton

Six percent growth target missed

The government has failed to achieve 6 percent growth target for the current fiscal year and revised the projection for the entire financial year to 5.79 percent on the basis of available data of six to eight months. An official stated that growth in indu
Published 10 Apr, 2018 12:00am
Six percent growth target missed
Cotton

Six percent growth target missed

The government has failed to achieve 6 percent growth target for the current fiscal year and revised the projection for the entire financial year to 5.79 percent on the basis of available data of six to eight months. An official stated that growth in indu
Published 10 Apr, 2018 12:00am
Six percent growth target missed
Cotton

Six percent growth target missed

The government has failed to achieve 6 percent growth target for the current fiscal year and revised the projection for the entire financial year to 5.79 percent on the basis of available data of six to eight months. An official stated that growth in indu
Published 10 Apr, 2018 12:00am
Saudi economic reforms to upset remittance inflows: SBP

Saudi economic reforms to upset remittance inflows: SBP

The State Bank of Pakistan (SBP) believes that the economic reforms in Saudi Arabia will upset the remittances inflows. Saudi Arabia has introduced a number of economic reforms to cope with the low oil price environment. Under these reforms some important
Published 10 Apr, 2018 12:00am
Saudi economic reforms to upset remittance inflows: SBP

Saudi economic reforms to upset remittance inflows: SBP

The State Bank of Pakistan (SBP) believes that the economic reforms in Saudi Arabia will upset the remittances inflows. Saudi Arabia has introduced a number of economic reforms to cope with the low oil price environment. Under these reforms some important
Published 10 Apr, 2018 12:00am
Saudi economic reforms to upset remittance inflows: SBP

Saudi economic reforms to upset remittance inflows: SBP

The State Bank of Pakistan (SBP) believes that the economic reforms in Saudi Arabia will upset the remittances inflows. Saudi Arabia has introduced a number of economic reforms to cope with the low oil price environment. Under these reforms some important
Published 10 Apr, 2018 12:00am
Income Tax Ordinance: amendments must be part of Finance Act

Income Tax Ordinance: amendments must be part of Finance Act

The implementation of reduced rates of income tax announced in the amnesty scheme and promulgated through an Ordinance are contingent to their being incorporated in Finance Act from July 1, 2018. Sources told Business Recorder that the amendments p
Published 10 Apr, 2018 12:00am
Income Tax Ordinance: amendments must be part of Finance Act

Income Tax Ordinance: amendments must be part of Finance Act

The implementation of reduced rates of income tax announced in the amnesty scheme and promulgated through an Ordinance are contingent to their being incorporated in Finance Act from July 1, 2018. Sources told Business Recorder that the amendments p
Published 10 Apr, 2018 12:00am
Income Tax Ordinance: amendments must be part of Finance Act

Income Tax Ordinance: amendments must be part of Finance Act

The implementation of reduced rates of income tax announced in the amnesty scheme and promulgated through an Ordinance are contingent to their being incorporated in Finance Act from July 1, 2018. Sources told Business Recorder that the amendments p
Published 10 Apr, 2018 12:00am
MoU on 'North-South' pipeline project signed

MoU on 'North-South' pipeline project signed

In a simple ceremony held in Sanya, China on Monday, Prime Minister Shahid Khaqan Abbasi and Li Yanming, Vice President of POWERCHINA Limited witnessed signing of a memorandum of understanding (MoU) between Inter-State Gas Systems (ISGS) of Pakistan and P
Published 10 Apr, 2018 12:00am
MoU on 'North-South' pipeline project signed

MoU on 'North-South' pipeline project signed

In a simple ceremony held in Sanya, China on Monday, Prime Minister Shahid Khaqan Abbasi and Li Yanming, Vice President of POWERCHINA Limited witnessed signing of a memorandum of understanding (MoU) between Inter-State Gas Systems (ISGS) of Pakistan and P
Published 10 Apr, 2018 12:00am
MoU on ''North-South'' pipeline project signed

MoU on ''North-South'' pipeline project signed

In a simple ceremony held in Sanya, China on Monday, Prime Minister Shahid Khaqan Abbasi and Li Yanming, Vice President of POWERCHINA Limited witnessed signing of a memorandum of understanding (MoU) between Inter-State Gas Systems (ISGS) of Pakistan and P
Published 10 Apr, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Apr, 2018 12:00am
PPP, PTI submit adjournment motions against amnesty scheme

PPP, PTI submit adjournment motions against amnesty scheme

Pakistan People's Party (PPP) and Pakistan Tehreek-e-Insaf (PTI) have submitted separate adjournment motions in the National Assembly Secretariat against amnesty scheme announced by the Prime Minister. An adjournment motion was submitted by PPP MNAs Syed
Published 10 Apr, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Apr, 2018 12:00am
Kabul upbeat about resolving issues with Pakistan: Abdullah

Kabul upbeat about resolving issues with Pakistan: Abdullah

The Afghan Chief Executive Officer (CEO) Dr Abdullah Abdullah said on Monday that Afghanistan expects that all agreements and issues discussed during Pakistan Prime Minister Shahid Khaqan Abbasi's recent trip to Kabul are implemented. President Ashraf Gha
Published 10 Apr, 2018 12:00am
Kabul upbeat about resolving issues with Pakistan: Abdullah

Kabul upbeat about resolving issues with Pakistan: Abdullah

The Afghan Chief Executive Officer (CEO) Dr Abdullah Abdullah said on Monday that Afghanistan expects that all agreements and issues discussed during Pakistan Prime Minister Shahid Khaqan Abbasi's recent trip to Kabul are implemented. President Ashraf Gha
Published 10 Apr, 2018 12:00am
30 dead, including 27 children, in India bus crash

30 dead, including 27 children, in India bus crash

At least 30 people, including 27 children, were killed Monday in northern India's Himachal Pradesh state when a school bus plunged off a cliff, police said. "The bus rolled into a 200 feet-deep (60 metre) gorge, killing 27 schoolchildren, two teachers and
Published 10 Apr, 2018 12:00am