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May 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-01-15
'Pakistan is on its way to become an important global player,' Kale CEO

'Pakistan is on its way to become an important global player,' Kale CEO

Kale Group of Companies, a Turkish manufacturer of tiles and sanitary ware is a recent overseas investor in the country. The group has recently opened its first flagship showroom in DHA Lahore and is a leading industrial giant in Turkey that deals in cera
Published 15 Jan, 2016 12:00am
CM for 'Hepatitis-free Sindh' by 2018

CM for 'Hepatitis-free Sindh' by 2018

Sindh Chief Minister Syed Qaim Ali Shah on Thursday directed to ensure Hepatitis free province by 2018. "You are professionals and I hope that you will take necessary measures to make Hepatitis Free Sindh by end of my government's tenure," the Chief Minis
Published 15 Jan, 2016 12:00am
PBIF chief urges government to revisit PPP Act

PBIF chief urges government to revisit PPP Act

Pakistan Businessmen and Intellectuals Forum's (PBIF) president Mian Zahid Hussain has emphasized the need for revisiting public-private partnership Act to protect the rights of investors. In a statement, the PBIF chief opined that the existing policy fra
Published 15 Jan, 2016 12:00am
Perilous chemical: Customs clueless about delivery details

Perilous chemical: Customs clueless about delivery details

An utter negligence has been reported in the clearance of 'acetic anhydride' - a chemical what the customs officials claim as one of the major substance in heroin and also used for making Improvised Explosive Device (IED) - as the customs department is cl
Published 15 Jan, 2016 12:00am
Bank Alfalah launches digital gift card service 'CardWalla'

Bank Alfalah launches digital gift card service 'CardWalla'

Bank Alfalah recently launched a digital gift card service "CardWalla," in partnership with Monami, a fintech startup with special focus on Middle East and South Asian markets. This service enables active mobile applications users, online movie and televi
Published 15 Jan, 2016 12:00am
Mitsubishi agrees to renounce 2.2 million shares

Mitsubishi agrees to renounce 2.2 million shares

Mitsubishi Corporation has agreed to renounce in favour of IGI Insurance Limited the 2.2 million rights shares offered by the Tri-Pack Films Limited (TPFL). "IGI Insurance Limited has agreed with Mitsubishi Corporation of Japan for the renouncement by Mit
Published 15 Jan, 2016 12:00am
July-November period: Textile machinery import soars to $189.970 million

July-November period: Textile machinery import soars to $189.970 million

The country's import of textile machinery grew to $189.970 million in July-November 2015-16, up by 6 percent, official statistics said. Growth in textile machinery import now stands at $9.984 million in July-November 2015-16 as compared to their import of
Published 15 Jan, 2016 12:00am
Prime Minister greets Muneer

Prime Minister greets Muneer

Prime Minister of Pakistan, Muhammad Nawaz Sharif congratulated S M Muneer for sweeping the FPCCI election 2016. He expressed his confidence on the vibrant leadership of Muneer, who is patron-in-chief of United Business Group (UBG). The PM has also apprec
Published 15 Jan, 2016 12:00am
USAID, UNDP provide training to Karachi youth

USAID, UNDP provide training to Karachi youth

US Agency for International Development (USAID) Mission Director John Groarke visited the Gul Ahmed Textile factory recently to meet young trainees learning garment manufacturing skills funded by USAID. As part of the $3 million Youth Employment Program,
Published 15 Jan, 2016 12:00am
Reap seeks zero-rated status for rice
Exchange

Reap seeks zero-rated status for rice

Rice Exporters Association of Pakistan (Reap) Thursday demanded zero rating status for rice - the 2nd largest export commodity. "We are receiving complaints from our members that the Federal Board of Revenue (FBR) has withdrawn the zero rating facility on
Published 15 Jan, 2016 12:00am
Heimtextile fair: Around 2,817 exhibitors likely to take part

Heimtextile fair: Around 2,817 exhibitors likely to take part

Heimtextile is one of the largest home textile fairs in the world. This year around 2,817 exhibitors from around 68 countries would be participating in the event and like every year, more than 60,000 buyers from around 130 countries will be expected to pl
Published 15 Jan, 2016 12:00am
Kale Group of Turkey opens ceramics showroom in Lahore

Kale Group of Turkey opens ceramics showroom in Lahore

A leading Turkish Industrial Giant, Kale Group, with a growing worldwide footprint and diverse portfolio of interests including ceramics, machinery and equipment manufacturing, defence, chemistry, electrical appliances, energy, IT, transport, tourism and
Published 15 Jan, 2016 12:00am
Cold, dry weather forecast

Cold, dry weather forecast

The Met Office has forecast mainly cold and dry weather in most parts of the country during the next 24 hours. It said that light rain with snowfall over mountains is, however, expected at isolated places in Malakand and Hazara divisions, Kashmir and Gilg
Published 15 Jan, 2016 12:00am
Elected representatives of LG take oath

Elected representatives of LG take oath

The newly-elected members of the Local Bodies on Thursday took oath in separate ceremonies held in all six districts of the metropolis. Waseem Akhtar took oath as the city's Mayor at a ceremony held at Federal Urdu University of Arts, Science and Technolo
Published 15 Jan, 2016 12:00am
Three-day Hunar Mela begins today

Three-day Hunar Mela begins today

All arrangements have been finalised for the three-day Hunar Mela, to be held at PIA Planetarium in Hayatabad from Friday (today). Tourism Corporation Khyber Pakhtunkhwa (TCKP) is holding the event for the skilled entrepreneurs to showcase their products
Published 15 Jan, 2016 12:00am
NACTA lacks staff, permanent office: Senate body told

NACTA lacks staff, permanent office: Senate body told

The strengthening and activation of National Counter Terrorism Authority (NACTA) has become a far cry, as not only officials are showing reluctance to join the authority for inadequate monetary package and incentives but the government has not yet provide
Published 15 Jan, 2016 12:00am
Plot to smuggle weapons foiled

Plot to smuggle weapons foiled

Police here on Thursday claimed to have foiled a bid of weapons smuggling and apprehended one accused. The Bhana Mari police stopped a vehicle on Dora Road and upon checking seized 40 pistols, four Kalashnikovs, three repeaters and 4,500 cartridges. The a
Published 15 Jan, 2016 12:00am
CCP holds road shows at FPCCI, Overseas Chamber

CCP holds road shows at FPCCI, Overseas Chamber

The Competition Commission of Pakistan (CCP) on Thursday held seminars at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and the Overseas Investors Chamber of Commerce & Industry (OICCI). The seminars are part of a series of seminars b
Published 15 Jan, 2016 12:00am
FBR urged to extend VTCS' scope to banking transactions

FBR urged to extend VTCS' scope to banking transactions

Tax lawyers and experts have stressed upon the Federal Board of Revenue (FBR) to extend the scope of Voluntary Tax Compliance Scheme (VTCS) to banking transactions of all undeclared bank accounts of the filers and non-filers of income tax returns. It is l
Published 15 Jan, 2016 12:00am
Funeral prayers of SI held

Funeral prayers of SI held

The funeral prayers of Sub-Inspector of Islamabad Traffic Police (ITP) were offered at Police Line Headquarters who was killed on duty after being hit by a vehicle near Faizabad, a police spokesman said. He said that the funeral prayer of deceased Sub-Ins
Published 15 Jan, 2016 12:00am
PPP wants peaceful resolution of Kashmir dispute: Bilawal

PPP wants peaceful resolution of Kashmir dispute: Bilawal

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has said that the people of Kashmir are a key to a final settlement of the Kashmir dispute and that the Pakistan Peoples will continue to support them in their just struggle. He said this while talkin
Published 15 Jan, 2016 12:00am
Six killed, 10 hurt as jeep falls into gorge in Mansehra

Six killed, 10 hurt as jeep falls into gorge in Mansehra

At least six people including women killed and 10 others critically injured when a jeep fell into a gorge here on Thursday. Police said that an overloaded passenger jeep skidded-off the road and plunged into deep ravine while heading to Methal from Jabbor
Published 15 Jan, 2016 12:00am
KP apex body reviews progress on implementation of NAP

KP apex body reviews progress on implementation of NAP

The Apex Committee of Khyber Pakhtunkhwa in its meeting held with Governor Sardar Mehtab Ahmad Khan in the chair on Thursday, reviewed the progress on the implementation of the National Action Plan (NAP) against militancy and discussed matters related to
Published 15 Jan, 2016 12:00am
CEO of ICT R&D Fund Company resigns

CEO of ICT R&D Fund Company resigns

ICT R&D Fund Board accepted the resignation of CEO in its 43rd Board of Directors meeting. This meeting was held here in MoIT on Thursday under the chairpersonship of Minister of State for IT & Telecom Anusha Rehman. Federal Secretary IT Azmat Ali Ranjha,
Published 15 Jan, 2016 12:00am
Jaish seminary raided, banned literature discovered

Jaish seminary raided, banned literature discovered

A seminary belonging to the banned outfit Jaish-e-Mohammad was on Thursday raided and dozens of organizations' uniforms were discovered along with banned literature. The office of the outfit was also sealed. According to a private television channel, poli
Published 15 Jan, 2016 12:00am
FY 2015-16: SECP registers 2,747 new companies in first half
Exchange

FY 2015-16: SECP registers 2,747 new companies in first half

The Securities and Exchange Commission of Pakistan (SECP), during the first half of current fiscal year (2015-16) registered 2,747 new companies, indicating a growth of 25 percent as compared to the corresponding period last year. The growing trend in com
Published 15 Jan, 2016 12:00am
'Balochistan is close to my heart,' Prime Minister tells agriculturists

'Balochistan is close to my heart,' Prime Minister tells agriculturists

Prime Minister Muhammad Nawaz Sharif has assured the farmers community of Balochistan province to look into their grievances and to resolve all problems faced by them. He made this assurance while talking to a delegation of agriculturists from Balochistan
Published 15 Jan, 2016 12:00am
IRC imparts technical training to Fata youth

IRC imparts technical training to Fata youth

International Rescue Committee (IRC) Pakistan organised a certificate distribution ceremony and awarded 22 individuals who have successfully completed two months' technical training course in the trade of 'Auto mechanic'. The training has been provided un
Published 15 Jan, 2016 12:00am
Contempt of court: petition filed against Sindh chief minister

Contempt of court: petition filed against Sindh chief minister

A petition for contempt of court case against Sindh Chief Minister (CM) Qaim Ali Shah was filed in the Sindh High Court (SHC) on Thursday. Petitioner Rana Faiz-ul-Hassan, in his plea, stated that the address of the Sindh CM during the oath-taking ceremony
Published 15 Jan, 2016 12:00am
GMAP to take part in Coating Show

GMAP to take part in Coating Show

The Grinding Mills Association of Pakistan (GMAP) is taking part in a Pakistan Coating Show being held between January 15 and 17 at the Lahore Expo Centre. The association's active member, the Shaheen Grinding Mills, said that they are also arranging a le
Published 15 Jan, 2016 12:00am
Dr Umair honoured

Dr Umair honoured

Dr Umair Rasheed Chaudhry has become first Pakistani who obtained high qualification in Intervention Neuro-radiology by European Board of Neuro-radiology (ECIINR). Dr Umair is one of the pioneers in establishing First Brain Stroke Centre in the Country at
Published 15 Jan, 2016 12:00am
Saddar Parking Plaza still wears a deserted look

Saddar Parking Plaza still wears a deserted look

The much-trumpeted Saddar Car Parking Plaza, built on Preedy Street near Empress Market by former City District Government Karachi (CDGK) at cost of around Rs 700 million about seven years back continues to remain deserted reportedly owing to non-cooperat
Published 15 Jan, 2016 12:00am
Reports on two bills presented to NA

Reports on two bills presented to NA

Reports of Standing Committee on Finance on "The Income Tax (Amendment) Bill, 2015 and The Income Tax (Second Amendment) Bill, 2015" were presented in the Lower House of the Parliament here on Thursday. The National Assembly also approved two bills includ
Published 15 Jan, 2016 12:00am
PASDEC chief calls on Italian envoy

PASDEC chief calls on Italian envoy

Chief Executive Officer of Pakistan Stone Development Company (PASDEC), Zahid Maqsood Sheikh, called on the Ambassador of Italy, Stefano Pontecorvo, at the Italian embassy in Islamabad In the meeting, the CEO PASDEC, who was accompanied by Chairman Board
Published 15 Jan, 2016 12:00am
Forex reserves decline by $50 million
Exchange

Forex reserves decline by $50 million

The country's total liquid foreign exchange reserves declined by $50 million during the last week. According to State Bank of Pakistan (SBP), the country's total liquid foreign reserves stood at $20.759 billion on January 8, 2016 as against $20.810 billio
Published 15 Jan, 2016 12:00am
PRA urges service providers to avail reduction in ST

PRA urges service providers to avail reduction in ST

Punjab Revenue Authority (PRA) has trimmed sales tax on services from 16 to 2 percent with effect from January 11, 2016 and service providers must avail this opportunity without any further delay, said Imran Hayee, Commissioner PRA. He was addressing the
Published 15 Jan, 2016 12:00am
Paapam lauds reduction of GST on tractors

Paapam lauds reduction of GST on tractors

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has lauded the efforts of Federal Minister for National Food Security & Research Sikandar Hayat Khan Bosan to reduce the GST on tractors in the Finance Bill 2014-15, from 17 per
Published 15 Jan, 2016 12:00am
LCCI concerned over tractor industry downturn

LCCI concerned over tractor industry downturn

The President Lahore Chamber of Commerce and Industry (LCCI) Sheikh Muhammad Arshad has raised alarm bells at the severe downturn in the tractor industry. He expressed these views while talking to a Lahore-based delegation of leading tractor parts manufac
Published 15 Jan, 2016 12:00am
LCCI concerned over tractor industry downturn

LCCI concerned over tractor industry downturn

The President Lahore Chamber of Commerce and Industry (LCCI) Sheikh Muhammad Arshad has raised alarm bells at the severe downturn in the tractor industry. He expressed these views while talking to a Lahore-based delegation of leading tractor parts manufac
Published 15 Jan, 2016 12:00am
LCCI seeks substantial cut in POL products rates

LCCI seeks substantial cut in POL products rates

Lasbela Chamber of Commerce and Industry (LCCI) President, Maqsood Ismail has said that the PML-N-led government as per its claim of being business and investment-friendly regime should reduce the petroleum products (POL) prices honestly, as the people of
Published 15 Jan, 2016 12:00am
Mehfil-e-Milad held at Parliament House

Mehfil-e-Milad held at Parliament House

A Mehfil-e-Milad was held with religious fervour on Thursday at Parliament House to pay homage to Holy Prophet Muhammad (Peace Be Upon Him). The solemn event was hosted by wife of Speaker National Assembly, Reema Ayaz Sadiq. First Lady Begum Kalsum Nawaz
Published 15 Jan, 2016 12:00am
Major reshuffle in KP bureaucracy

Major reshuffle in KP bureaucracy

A major reshuffle in the provincial bureaucracy was made on Thursday, as senior officers were transferred and given new assignments.
Published 15 Jan, 2016 12:00am
'No significant discovery of natural gas in past 17 years'

'No significant discovery of natural gas in past 17 years'

A seminar on gas reforms in Pakistan was organized by Research and Advocacy for the Advancement of Allied Reforms (RAFTAAR) in collaboration with Sustainable Development Policy Institute (SDPI) in Islamabad. The seminar brought together the key players in
Published 15 Jan, 2016 12:00am
Bangladesh allows export of 11,000 tons of jute: PJMA

Bangladesh allows export of 11,000 tons of jute: PJMA

Bangladesh has allowed the export of 11,000 tons of jute to Pakistan enabling the Pakistan Jute Mills Association (PJMA) members to meet the local demand after receiving jute consignments. LCs for which were established before the imposition of a ban on j
Published 15 Jan, 2016 12:00am
NADRA sacks Deputy Director Sukkur over fake CNIC case

NADRA sacks Deputy Director Sukkur over fake CNIC case

National Database and Registration Authority (NADRA) has dismissed its Deputy Director Sukkur from service for his involvement in fake Computerized National Identity Cards (CNICs) case. In view of media reports, Minister for Interior Chaudhary Nisar Ali K
Published 15 Jan, 2016 12:00am
'Large hatchery, five new nurseries being established in Punjab'

'Large hatchery, five new nurseries being established in Punjab'

Director General Fisheries Punjab Dr Muhammad Ayub has said that in order to meet growing demand of fish seed in the province, a large hatchery in Lahore and five new nurseries in various districts of the province are being established at a cost of Rs 467
Published 15 Jan, 2016 12:00am
OGDCL makes two major discoveries in Sindh, KP: Khaqan

OGDCL makes two major discoveries in Sindh, KP: Khaqan

Oil and Gas Development Company Development Limited (OGDCL) has made two major discoveries of gas and oil in Sindh and KP. Addressing a press conference here Thursday, Federal Minister for Petroleum Shahid Khaqan Abbasi said "OGDCL has found 35.8 Million
Published 15 Jan, 2016 12:00am
Health institutions: security steps to be reviewed today

Health institutions: security steps to be reviewed today

Secretary Specialized Healthcare and Medical Education Department Punjab Najam Ahmed Shah has convened a meeting to review the security measures in public sector medical colleges, teaching hospitals and specialized healthcare institutions on Friday (Janua
Published 15 Jan, 2016 12:00am
Shanghai copper up
Exchange

Shanghai copper up

Shanghai Futures Exchange copper pushed into positive territory at 34,930 yuan ($5,303) a tonne, up 0.3 percent, also erasing earlier losses of 1 percent but caution persisted as a slide in oil prices compounded worries over global growth and commodity de
Published 15 Jan, 2016 12:00am
Copper bounces after hitting new 6-1/2 year low
Exchange

Copper bounces after hitting new 6-1/2 year low

Copper bounced after hitting fresh 6-1/2-year lows on Thursday following a rebound in the oil price gave pause to investors' worries about the state of the global economy. Declining oil prices also reduce costs for mining companies, allowing them to conti
Published 15 Jan, 2016 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures erased early losses and rose for a second straight session on Thursday, as the yen turned weaker against the dollar during the session. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in S
Published 15 Jan, 2016 12:00am
Corn and soya steady on technicals

Corn and soya steady on technicals

US corn and soyabeans edged higher on Wednesday while wheat prices were slightly lower at the Chicago Board of Trade, with all three markets steadying after hitting multi-week peaks in the previous session following a bullish US Department of Agriculture
Published 15 Jan, 2016 12:00am
Palm oil drops
Vegetable Oil

Palm oil drops

Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the vegetable oil wanes on slowing exports. The palm oil contract for March on the Bursa Malaysia Derivatives Exchange lost 0.4 percent to 2,402 ringgit ($54
Published 15 Jan, 2016 12:00am
Sugar rallies

Sugar rallies

Raw sugar futures on ICE rallied another 3 percent in heavy volume on Thursday, buoyed by short-covering and strong technical support, while New York cocoa extended losses to an 8-1/2-month low on weak charts. Arabica coffee turned higher in late-day deal
Published 15 Jan, 2016 12:00am
Gold turns higher in New York

Gold turns higher in New York

Gold turned higher on Wednesday as the dollar fell, US stocks dropped and a Federal Reserve president raised concerns about inflation expectations. US stocks sold off sharply and a brief rally in beaten-down oil prices stalled after US data added to conce
Published 15 Jan, 2016 12:00am
Gold lower in Asia

Gold lower in Asia

Gold edged lower on Thursday as the market paused after last session's 0.6-percent gain, which was triggered by falling global equity markets and weakness in the US dollar. "It is a bit of profit-taking at the moment," said Ronald Leung, chief dealer at L
Published 15 Jan, 2016 12:00am
Gold falls in Europe
Exchange

Gold falls in Europe

Gold fell on Thursday, shrugging off weaker European equity markets as a rebound in oil prices from 12-year lows and a higher opening on Wall Street pointed to a recovery in risk appetite, blunting bullion's appeal as a haven. Spot gold was down 0.8 perce
Published 15 Jan, 2016 12:00am
Chinese funds take bets on short-term metals rise
Exchange

Chinese funds take bets on short-term metals rise

Some big Chinese commodity funds are positioning for a short-term uptick in metals prices despite a poor longer-term outlook, expecting supplies to tighten over the next three to six months as Beijing acts to strengthen its economy. Chinese commodity fund
Published 15 Jan, 2016 12:00am
Oil up after eight-day rout; worries remain Iran will add to glut

Oil up after eight-day rout; worries remain Iran will add to glut

Oil rebounded on Thursday, snapping an eight-day rout, as investors covered short positions but the market settled not far from 12-year lows on worries Iran may add barrels to a glutted global market sooner than expected. Global crude benchmark Brent brok
Published 15 Jan, 2016 12:00am
US MIDDAY: wheat falls on hefty supplies

US MIDDAY: wheat falls on hefty supplies

US wheat fell for the second straight day on Thursday after benchmark Paris futures hit a contract low, pressured by technical selling, ample global supplies and lacklustre export demand for shipments out of the United States. Chicago Board of Trade wheat
Published 15 Jan, 2016 12:00am
US MIDDAY: gold tumbles
Exchange

US MIDDAY: gold tumbles

Gold fell sharply to a 1-1/2-week low on Thursday, pressured by a US Federal Reserve president's comments about potentially rethinking further rate hikes, triggering technical sell signals while shrugging off a rebound from 12-year lows in oil prices. Cru
Published 15 Jan, 2016 12:00am
Trade policy framework: some facts

Trade policy framework: some facts

This is apropos a news item "PM scraps unrealistic trade policy framework" carried by Business Recorder on January 7. The trade policy framework is neither 'unrealistic', nor is there a shred of evidence that it is being 'scrapped'.
Published 15 Jan, 2016 12:00am
Importance of record keeping in litigation

Importance of record keeping in litigation

The importance for those companies of managing their records efficiently and effectively has never been more critical. This importance has increased globally following scandals such as Enron and Andersen in 2001. As record retention regulations are becomi
Published 15 Jan, 2016 12:00am
Where angels fear to tread!

Where angels fear to tread!

Suffering from radicalization and terrorism in varying degrees, internally as well as externally, the last thing the Muslim world needs is for two of the Muslim world's most influential and important countries to be embroiled in an asinine quarrel. Among
Published 15 Jan, 2016 12:00am
Hunting permit to FBR

Hunting permit to FBR

The Income Tax Ordinance, 2001 is different in scheme from its predecessor Income Tax Ordinance, 1979 (hereinafter: "the repealed Ordinance") in many ways, the most notable one is abandonment of the concepts of income year and assessment year, which were
Published 15 Jan, 2016 12:00am
The ball is in India's court now
Exchange

The ball is in India's court now

Holding good on its promise to act against anyone involved, Pakistan started on Wednesday a crackdown on a proscribed Kashmir-related jihadist outfit, Jaish-e-Mohammad (JeM), accused by India of having masterminded the attack on its Pathankot airbase. The
Published 15 Jan, 2016 12:00am
VTCS: We don't want government to cherry-pick businesses

VTCS: We don't want government to cherry-pick businesses

The Voluntary Tax Compliance Scheme (VTCS) announced by the government is being termed by the tax bar associations of the country as flawed step and the Senate's standing committee on finance has described it as a 'non-starter'. The need for this scheme a
Published 15 Jan, 2016 12:00am
CDWP approves Rs 23 billion projects

CDWP approves Rs 23 billion projects

The Central Development Working Party has approved 18 projects with a total cost of Rs 23 billion, and referred three projects worth Rs 52 billion to the Executive Committee of the National Economic Council, and gave concept clearance to two projects wort
Published 15 Jan, 2016 12:00am
CDWP approves Rs 23 billion projects

CDWP approves Rs 23 billion projects

The Central Development Working Party has approved 18 projects with a total cost of Rs 23 billion, and referred three projects worth Rs 52 billion to the Executive Committee of the National Economic Council, and gave concept clearance to two projects wort
Published 15 Jan, 2016 12:00am
CDWP approves Rs 23 billion projects

CDWP approves Rs 23 billion projects

The Central Development Working Party has approved 18 projects with a total cost of Rs 23 billion, and referred three projects worth Rs 52 billion to the Executive Committee of the National Economic Council, and gave concept clearance to two projects wort
Published 15 Jan, 2016 12:00am
Railways to procure 800 Hopper Wagons from China

Railways to procure 800 Hopper Wagons from China

Pakistan Railways (PR) will procure 800 high capacity (Hopper Wagons) from a Chinese company at a cost of Rs 3.92 billion for coal transportation to Qadirabad (Sahiwal) power plant. Director Procurement Ziauddin Ahmad Qureshi of the Pakistan Railways and
Published 15 Jan, 2016 12:00am
Railways to procure 800 Hopper Wagons from China

Railways to procure 800 Hopper Wagons from China

Pakistan Railways (PR) will procure 800 high capacity (Hopper Wagons) from a Chinese company at a cost of Rs 3.92 billion for coal transportation to Qadirabad (Sahiwal) power plant. Director Procurement Ziauddin Ahmad Qureshi of the Pakistan Railways and
Published 15 Jan, 2016 12:00am
Railways to procure 800 Hopper Wagons from China

Railways to procure 800 Hopper Wagons from China

Pakistan Railways (PR) will procure 800 high capacity (Hopper Wagons) from a Chinese company at a cost of Rs 3.92 billion for coal transportation to Qadirabad (Sahiwal) power plant. Director Procurement Ziauddin Ahmad Qureshi of the Pakistan Railways and
Published 15 Jan, 2016 12:00am
The Weather

The Weather

The weather report on Thursday (January 14, 2016) and the forecast for Friday (January 15, 2016).

Published 15 Jan, 2016 12:00am
Duty, ST on import of tug boats: Ministry''''s case closed

Duty, ST on import of tug boats: Ministry''''s case closed

The Economic Co-ordination Committee (ECC) of the Cabinet has closed a case of Ministry of Port and Shipping regarding exemption of customs duty and sales tax on temporary import of four LNG-specific ASD tug boats as parliament and not the executive can g
Published 15 Jan, 2016 12:00am
Duty, ST on import of tug boats: Ministry''s case closed

Duty, ST on import of tug boats: Ministry''s case closed

The Economic Co-ordination Committee (ECC) of the Cabinet has closed a case of Ministry of Port and Shipping regarding exemption of customs duty and sales tax on temporary import of four LNG-specific ASD tug boats as parliament and not the executive can g
Published 15 Jan, 2016 12:00am
Duty, ST on import of tug boats: Ministry's case closed

Duty, ST on import of tug boats: Ministry's case closed

The Economic Co-ordination Committee (ECC) of the Cabinet has closed a case of Ministry of Port and Shipping regarding exemption of customs duty and sales tax on temporary import of four LNG-specific ASD tug boats as parliament and not the executive can g
Published 15 Jan, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 14, 2016).

Published 15 Jan, 2016 12:00am
Duty, ST on import of tug boats: Ministry's case closed

Duty, ST on import of tug boats: Ministry's case closed

The Economic Co-ordination Committee (ECC) of the Cabinet has closed a case of Ministry of Port and Shipping regarding exemption of customs duty and sales tax on temporary import of four LNG-specific ASD tug boats as parliament and not the executive can g
Published 15 Jan, 2016 12:00am
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