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Jun 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-08-16
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 181,493 tonnes of cargo comprising 126,635 tonnes of import cargo and 54,858 tonnes of export cargo including 8,409 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of
Published 16 Aug, 2018 12:00am
Cotton market: Prices fall sharply on panic selling
Cotton

Cotton market: Prices fall sharply on panic selling

Panic selling by ginners pushed the rates sharply down on the cotton market on Wednesday in the process of trading activity, dealers said. The official spot rate fell sharply by Rs 400 to Rs 8300, they added. Prices of seed cotton in Sindh and the Punjab
Published 16 Aug, 2018 12:00am
Rally in Russian wheat export prices slows

Rally in Russian wheat export prices slows

A sharp rise in Russian wheat export prices slowed last week and analysts forecast further decreases after a monthly crop supply and demand report from the US Department of Agriculture raised Russia's 2018/2019 harvest forecast, analysts said on Monday. T
Published 16 Aug, 2018 12:00am
Taiwan's company bows to China after boycott threat

Taiwan's company bows to China after boycott threat

A Taiwanese coffee chain has become the latest business to bow to pressure from Beijing after Chinese web users threatened a boycott over a visit to one of its stores by the island's president. Tsai Ing-wen stopped off at a Los Angeles branch of the 85C B
Published 16 Aug, 2018 12:00am
China's new home price growth hits two-year high

China's new home price growth hits two-year high

China's new home prices accelerated at their fastest pace in almost two years in July, led by smaller cities and highlighting challenges policymakers face in stimulating a slowing economy without fuelling a property bubble. Average new home prices in Chin
Published 16 Aug, 2018 12:00am
Afghans, Syrians help German firms fill training vacancies

Afghans, Syrians help German firms fill training vacancies

German companies managed to attract more apprentices to on-the-job training schemes last year due to a surge in applications from asylum seekers from Afghanistan and Syria, data showed on Wednesday. The findings could be a boon for Chancellor Angela Merke
Published 16 Aug, 2018 12:00am
Argentina central bank sells reserves as peso hits record low
Currency

Argentina central bank sells reserves as peso hits record low

Argentina's central bank said it sold $551 million in reserves into the foreign exchange market on Wednesday in a bid to stop a slide in the peso currency, which hit a record low due to inflation concerns and poor emerging markets sentiment globally. The
Published 16 Aug, 2018 12:00am
China blasts US solar tariffs, takes WTO action

China blasts US solar tariffs, takes WTO action

China has blasted US tariffs on solar panel imports, filing a complaint at the World Trade Organization in the latest salvo of the trade battle between the world's two economic giants. US President Donald Trump approved steep tariffs on solar panel import
Published 16 Aug, 2018 12:00am
US retail sales, manufacturing data bolster Q3 outlook

US retail sales, manufacturing data bolster Q3 outlook

US retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. Other data on Wednesday showed manufacturing output rising steadily last mon
Published 16 Aug, 2018 12:00am
Canadian tipped as new CEO for Air France-KLM

Canadian tipped as new CEO for Air France-KLM

Air France-KLM may name its new chief executive during a board meeting on Thursday, French newspaper Liberation reported, tipping Air Canada's chief operating officer Benjamin Smith as the winning candidate. The Franco-Dutch airline has been searching for
Published 16 Aug, 2018 12:00am
Pay for Britain's top bosses rises 23 percent

Pay for Britain's top bosses rises 23 percent

Pay packages for the bosses of Britain's 100 biggest listed firms rose 23 percent over the past year, fuelled by payouts for the CEOs of house builder Persimmon and industrial firm Melrose Industries, a survey showed on Wednesday.
Published 16 Aug, 2018 12:00am
UK inflation rises for first time in 2018, seen falling soon

UK inflation rises for first time in 2018, seen falling soon

Britain's inflation rate rose in July for the first time in 2018, keeping the squeeze on many households' budgets, but there were signs that the pick-up was a blip and inflation might fall faster than the Bank of England thinks. Consumer price inflation r
Published 16 Aug, 2018 12:00am
Abu Dhabi bucks trend as Turkey concerns weigh on Gulf markets

Abu Dhabi bucks trend as Turkey concerns weigh on Gulf markets

Abu Dhabi shares ended 1.1 percent higher on Wednesday, bucking weakness in other major Gulf markets which were dragged down by concerns about the Turkish economy as market activity slowed ahead of a Muslim festival next week. Abu Dhabi index was boosted
Published 16 Aug, 2018 12:00am
Tokyo stocks down
Currency

Tokyo stocks down

Tokyo stocks erased early gains to finish lower in Wednesday trading, as Turkey's currency crisis fuelled concerns of contagion to other emerging economies and pressured Asian shares. The benchmark Nikkei 225 index, which jumped more than two percent on T
Published 16 Aug, 2018 12:00am
Wall Street gains on upbeat earnings, easing Turkey jitters
Currency

Wall Street gains on upbeat earnings, easing Turkey jitters

Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion. Gains we
Published 16 Aug, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Tuesday in line with the European bond market as global sentiment brightened after equities worldwide stabilized and the Turkish lira came off recent record lows against the dollar. US yields' advance continued for a second stra
Published 16 Aug, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Tuesday in line with the European bond market as global sentiment brightened after equities worldwide stabilized and the Turkish lira came off recent record lows against the dollar. US yields' advance continued for a second stra
Published 16 Aug, 2018 12:00am
Australian shares at over 10-1/2 year high

Australian shares at over 10-1/2 year high

Australian shares closed at a more than 10-1/2 year high on Wednesday, led by gains in biotherapeutics firm CSL and conglomerate Wesfarmers after both groups posted strong earnings. The S&P/ASX 200 index firmed 0.5 percent or 29.4 points to 6,329 at the c
Published 16 Aug, 2018 12:00am
Hong Kong shares fall near one-year low

Hong Kong shares fall near one-year low

Stocks in Hong Kong fell on Wednesday along with their regional counterparts, ending near one-year lows on bearish Chinese investor sentiment and broader concerns about emerging markets sparked by Turkey's financial crisis. At close of trade, the Hang Sen
Published 16 Aug, 2018 12:00am
China stocks deepen rout on economic worries

China stocks deepen rout on economic worries

China stocks extended losses on Wednesday to a third straight day of declines as worries over the country's cooling economy and the yuan's descent to a 15-month low knocked investor confidence. The blue-chip CSI300 index fell 2.4 percent to 3,291.98 point
Published 16 Aug, 2018 12:00am
Turkey tariff move, EM bear market send European shares spiraling

Turkey tariff move, EM bear market send European shares spiraling

European shares sold off sharply on Wednesday after Turkey doubled tariffs on some US imports, and miners had their worst day since Britain's 2016 Brexit votee on sliding commodity prices A strengthening dollar and disappointing earnings from Chinese tech
Published 16 Aug, 2018 12:00am
Nigerian stocks extend losses

Nigerian stocks extend losses

Nigerian stocks extended losses for the ninth session on Wednesday as investors sold off shares from the relatively liquid local banking and consumer goods sectors. Stocks, which reached an almost one-year low at the previous session, remained depressed,
Published 16 Aug, 2018 12:00am
Southeast Asian markets: Indonesia bounces back; Thailand extends falls

Southeast Asian markets: Indonesia bounces back; Thailand extends falls

Indonesian shares bounced back on Wednesday after the central bank raised rates for the fourth time since mid-May to defend the rupiah, while Thai and Vietnam stocks fell in line with broader Asia. The key Jakarta stock index fell as much as 1.4 percent b
Published 16 Aug, 2018 12:00am
Commodities slide pulls FTSE to 3-1/2 months low

Commodities slide pulls FTSE to 3-1/2 months low

Britain's top share index sank on Wednesday as emerging markets stress and a sharp selloff in commodities drove down stocks across Europe, with investors running scared after trade spat deepened between Turkey and the United States. The blue-chip FTSE 100
Published 16 Aug, 2018 12:00am
Indonesia's richest man going for gold at Asian Games

Indonesia's richest man going for gold at Asian Games

Billionaire tobacco tycoon Michael Bambang Hartono may not be the oldest competitor at the Asian Games, but he is the richest. The 78-year-old head of cigarette giant Djarum Group is set to represent host Indonesia on its bridge team at the world's second
Published 16 Aug, 2018 12:00am
Independence Day Football: North Muslim take SPC All-Karachi U-16 title

Independence Day Football: North Muslim take SPC All-Karachi U-16 title

North Muslim Football Academy proved too good for Garrison Academy in the final of SPC All-Karachi U-16 Independence Day Football Tournament and recorded a convincing 4-0 victory to claim the title here at 16-Star Football Ground on Tuesday evening. Moham
Published 16 Aug, 2018 12:00am
United Korea smash hosts in Asian hoops

United Korea smash hosts in Asian hoops

A joint Korean women's basketball team marked their Asian Games debut Wednesday by pulverising hosts Indonesia 108-40, roared on by giddy fans waving unified Korean flags. North Korean Ro Suk Yong, one of three Pyongyang-based players in the away team, to
Published 16 Aug, 2018 12:00am
Curran follows late father in signing for Northants

Curran follows late father in signing for Northants

Ben Curran is to play county cricket for Northamptonshire, the club his late father Kevin gave eight years of his career to, as he signed a two-year contract on Wednesday. The 22-year-old batsman - whose brothers Tom and Sam play for Surrey and have both
Published 16 Aug, 2018 12:00am
Shama Tigers win Azadi T20 Shama Cricket Cup

Shama Tigers win Azadi T20 Shama Cricket Cup

Shama Tigers clinched the trophy after defeating Shama Panthers in the final by four wickets in the Azadi Twenty20 Cricket Cup played here at Gymkhana Cricket ground Wednesday. President, Peshawar District Cricket Association Asghar Ali was the chief gues
Published 16 Aug, 2018 12:00am
2018 Asian Games torch reaches Jakarta

2018 Asian Games torch reaches Jakarta

The torch for the 18th Asian Games reached Indonesia's capital Jakarta Wednesday, ending a month-long journey across the Southeast Asian archipelago nation. It was welcomed in style by marching bands, traditional dances and concerts, after starting its jo
Published 16 Aug, 2018 12:00am
Champions League glory not pivotal to being judged a success: De Bruyne

Champions League glory not pivotal to being judged a success: De Bruyne

Manchester City don't need to win the Champions League to be judged a success, claims Belgian star Kevin de Bruyne in an interview with the BBC. European club football's most prestigious trophy has proved elusive to City despite the hundreds of millions i
Published 16 Aug, 2018 12:00am
Federer opens with win over Gojowczyk, Kvitova ousts Serena

Federer opens with win over Gojowczyk, Kvitova ousts Serena

Roger Federer began his US Open preparation with a quick 6-4, 6-4 defeat of Peter Gojowczyk in his first ATP Cincinnati Masters appearance since 2015. The 20-time Grand Slam champion, who turned 37 last week, is pacing his tennis year, playing a limited s
Published 16 Aug, 2018 12:00am
Ivory Coast star Zaha commits to Palace

Ivory Coast star Zaha commits to Palace

Wilfried Zaha gave Crystal Palace a huge boost on Wednesday by signing a new contract which will see him tied to the Premier League club till the end of the 2022/23 campaign. The 25-year-old Ivory Coast forward - who is Palace's joint highest Premier Leag
Published 16 Aug, 2018 12:00am
Ihsan wins Independence Day Cycling Race

Ihsan wins Independence Day Cycling Race

Ihsan Ullah clinched the trophy of the Independence Day Cycling Race of 59 kilometers from Peshawar to Mardan on Wednesday organized by KP Cycling Association with the collaboration of Directorate of Sports KP. Assistant Commissioner (AC), Mardan, Imran K
Published 16 Aug, 2018 12:00am
Mandzukic calls time on Croatia career

Mandzukic calls time on Croatia career

Croatian World Cup hero and star striker Mario Mandzukic has announced his retirement from international football at the age of 32, the country's national soccer federation said Tuesday. "I think the time has come for me now. I gave my best for Croatia an
Published 16 Aug, 2018 12:00am
Gary Stead named New Zealand cricket coach

Gary Stead named New Zealand cricket coach

New Zealand Cricket appointed former Test batsman Gary Stead as the new Black Caps coach Wednesday, with pundits describing him as a steady pair of hands to replace predecessor Mike Hesson. Stead, 46, was a journeyman opening bat, playing just five Tests
Published 16 Aug, 2018 12:00am
Czech economy slows down in second quarter

Czech economy slows down in second quarter

The Czech economy slowed more than expected in the second quarter of 2018, as the European Union's tightest labour market dragged on the expansion and base effects distorted the results. Gross domestic product rose by 0.5 percent in April-June versus the
Published 16 Aug, 2018 12:00am
Slovak economy grows

Slovak economy grows

Slovakia's economy rose by 1.0 percent in the second quarter versus the previous three months, beating Reuters poll of economists' expectation for growth of 0.9 percent, data showed on Tuesday. On an annual basis, the euro zone economy, which is dominated
Published 16 Aug, 2018 12:00am
Canadian home sales rise in July from June

Canadian home sales rise in July from June

Resales of Canadian homes rose 1.9 percent in July from June, notching their third straight monthly increase, but rising interest rates and tighter mortgage rules will remain a headwind, the Canadian Real Estate Association said on Wednesday.
Published 16 Aug, 2018 12:00am
Australia's long wage drought a deadweight on economy

Australia's long wage drought a deadweight on economy

Australian wage growth crawled near record lows last quarter while a gauge of consumer sentiment deteriorated in August, auguring poorly for economy-wide spending and efforts to move inflation up into the central bank's target range.
Published 16 Aug, 2018 12:00am
Mongolian economy picks up steam in first half

Mongolian economy picks up steam in first half

Mongolian economy grew 6.3 percent in the first half of 2018, compared with 5.3 percent in the same period a year ago, the country's statistics office said on Wednesday, as the nation continues its recovery from a 2016 financial crisis. The cash-strapped
Published 16 Aug, 2018 12:00am
French unemployment dropping too slowly for Macron government

French unemployment dropping too slowly for Macron government

French unemployment dipped by 0.1 percent in the second quarter, provisional figures showed Tuesday - frustratingly slow progress for President Emmanuel Macron who has promised his economic reforms will generate jobs. "It's a step forward but it's still n
Published 16 Aug, 2018 12:00am
Trade Bank of Iraq puts Turkey bank acquisition plans on hold
Currency

Trade Bank of Iraq puts Turkey bank acquisition plans on hold

Trade Bank of Iraq (TBI) has put on hold plans to buy a commercial bank in Turkey because of the plunge in the Turkish lira, its chairman told Reuters in an interview. The bank, owned by the Iraqi government and with assets of around $20 billion, is respo
Published 16 Aug, 2018 12:00am
Dollar climbs in Asia
Currency

Dollar climbs in Asia

The dollar hit another 13-month high against a basket of major currencies on Wednesday as safe-haven demand rooted in fears over fallout from the Turkish lira's recent drop boosted the US currency. The greenback's strength - overnight it also hit a 13-mon
Published 16 Aug, 2018 12:00am
Dollar vaults to year-high in Europe
Currency

Dollar vaults to year-high in Europe

The dollar rose on Wednesday to its highest levels in over a year as the Turkish lira crisis continued to trouble emerging markets feeding demand for the greenback as a safe-haven asset. Signs the US economy remains robust ahead of an expected interest ra
Published 16 Aug, 2018 12:00am
Early trade in New York: dollar climbs, offshore yuan falls
Currency

Early trade in New York: dollar climbs, offshore yuan falls

The dollar climbed to its highest level in over 13 months against a basket of currencies on Wednesday as investors stepped up their safe-haven holdings of the greenback due to worries about slowing Chinese growth and Europe's exposure to Turkey.
Published 16 Aug, 2018 12:00am
Dollar rises to 13-month peak in New York
Currency

Dollar rises to 13-month peak in New York

The dollar advanced to a 13-month peak on Tuesday against a basket of major currencies as traders increased their safe-haven holdings of the US currency on worries about the fallout from the Turkish lira's recent fall. While the lira rebounded from an all
Published 16 Aug, 2018 12:00am
Sri Lankan rupee hits record low

Sri Lankan rupee hits record low

The Sri Lankan rupee hit a record low on Wednesday, tracking weakness in emerging-market currencies as Turkey's financial woes bruised investor risk appetite, dealers said. Absence of dollar conversions by exporters and remittances also weighed on the mar
Published 16 Aug, 2018 12:00am
Asian currencies weaken, rupiah hits three-year low

Asian currencies weaken, rupiah hits three-year low

Asian currencies weakened against the dollar on Wednesday with Indonesia's rupiah touching a near three-year low and China's yuan hovering around 15-month lows as Turkey's shaky financial markets bruised investor appetite. The Turkish lira, which plunged
Published 16 Aug, 2018 12:00am
Aussie, kiwi struggle
Currency

Aussie, kiwi struggle

The Australian and New Zealand dollars were fighting desperate rearguard actions on Wednesday as strains in emerging markets darkened the outlook for global growth, while a strengthening US currency piled pressure on commodity prices.
Published 16 Aug, 2018 12:00am
Sterling suffers longest losing streak since 2008

Sterling suffers longest losing streak since 2008

Sterling fell on Wednesday for the 12th consecutive day as the US dollar strengthened, leaving the pound at its weakest since June 2017 and facing its longest losing streak since the depths of the financial crisis in 2008. Sterling has weakened sharply in
Published 16 Aug, 2018 12:00am
Transgender woman, Somali-American win US primary nods

Transgender woman, Somali-American win US primary nods

Christine Hallquist won the Democratic gubernatorial nomination in the US state of Vermont on Tuesday, moving a step closer to becoming the nation's first transgender governor, US media projected.
Published 16 Aug, 2018 12:00am
Putin ready to meet Kim at 'early date'

Putin ready to meet Kim at 'early date'

Russian President Vladimir Putin is ready to meet with North Korean leader Kim Jong Un "at an early date", the North's state media reported Wednesday, amid a rapid diplomatic thaw on the peninsula. Putin invited Kim and the South's President Moon Jae-in i
Published 16 Aug, 2018 12:00am
Germany paves way for 'third gender' option at birth

Germany paves way for 'third gender' option at birth

The German government on Wednesday approved a draft law allowing a third gender option on birth certificates for babies who are not distinctly male or female. In a move described by the justice minister as "long overdue", Chancellor Angela Merkel's left-r
Published 16 Aug, 2018 12:00am
Modi says 'sleeping elephant' India has woken up

Modi says 'sleeping elephant' India has woken up

Prime Minister Narendra Modi on Wednesday hailed India's growing role in the world economy, calling it a "sleeping elephant" that has woken up, in a keynote national speech before a looming election campaign. The Hindu nationalist leader spoke for more th
Published 16 Aug, 2018 12:00am
Creator of iconic Soviet cartoons Eduard Uspensky dies

Creator of iconic Soviet cartoons Eduard Uspensky dies

Legendary Soviet children's writer and creator of the USSR's most popular cartoon characters Eduard Uspensky died in his home in the Moscow suburbs at the age of 80 late on Tuesday. Uspensky was most famous for his iconic cartoon characters Gena the Croco
Published 16 Aug, 2018 12:00am
Twitter puts curbs on far-right figure Alex Jones

Twitter puts curbs on far-right figure Alex Jones

Twitter said Wednesday it was putting curbs on the account of far-right conspiracy theorist Alex Jones after he called on his supporters to take up "battle rifles" to fight internet censorship. The social network's move affected the personal account of Jo
Published 16 Aug, 2018 12:00am
Mali presidential election results postponed to Thursday

Mali presidential election results postponed to Thursday

Results for the runoff vote in Mali's presidential elections have been postponed from Wednesday to Thursday for logistical reasons, a senior official said. The results had been expected to be given on Wednesday at 1730 GMT. But an aide to the minister for
Published 16 Aug, 2018 12:00am
Duterte slams China over island-building

Duterte slams China over island-building

Philippine President Rodrigo Duterte has urged China to "temper" its behaviour in the South China Sea in a rare criticism of the Asian superpower over its programme of island-building in disputed waters. China has alarmed and angered its neighbours by cla
Published 16 Aug, 2018 12:00am
Amnesty says Turkey chair released from Izmir jail

Amnesty says Turkey chair released from Izmir jail

An Istanbul court on Wednesday ordered the release of Amnesty International's Turkey chair who has spent more than a year in jail over alleged links to a 2016 failed coup, the rights group said.
Published 16 Aug, 2018 12:00am
358 new MPAs take oath in Punjab

358 new MPAs take oath in Punjab

The 358 newly-elected members of the Punjab Assembly took oath on Wednesday. Outgoing Speaker Punjab Assembly Rana Mohammad Iqbal administered the oath to the new legislators. Elections for the slots of the Speaker and Deputy Speaker of the Punjab Assembl
Published 16 Aug, 2018 12:00am
Mango export to China may exceed 10,000 tons

Mango export to China may exceed 10,000 tons

The export of Pakistan's mango is expected to exceed 10,000 tons this year, Chinese media quoting Zhao Lijian, Minister Counselor of the Chinese Embassy in Pakistan reported on Wednesday. The senior Chinese diplomat said on social media Twitter (Twitter)
Published 16 Aug, 2018 12:00am
Rivers Indus, Chenab and Kabul in low flood

Rivers Indus, Chenab and Kabul in low flood

In its daily report about hydrological conditions of the country, the Flood Warning Centre said on Wednesday that River Chenab at Qadirabad is in medium flood level. River Indus at Kalabagh & Chashma, River Chenab at Khanki and River Kabul at Nowshera are
Published 16 Aug, 2018 12:00am
Wapda to enhance Hub dam's storage capacity

Wapda to enhance Hub dam's storage capacity

The Pakistan Water and Power Development Authority (WAPDA) has decided to enhance the storage capacity of Hub Dam in order to meet the increasing requirement of water in the country, Sindh and Balochistan in particular. The decision to this effect was tak
Published 16 Aug, 2018 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) was incorporated in 1995 with the registered head office based out of Lahore. The company originally started its commercial operations in February 1998. The principal activities of the power company are to own, operate and
Published 16 Aug, 2018 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) was incorporated in 1995 with the registered head office based out of Lahore. The company originally started its commercial operations in February 1998. The principal activities of the power company are to own, operate and
Published 16 Aug, 2018 12:00am
Chinese Armed Police Force chief meets DG PR Sindh

Chinese Armed Police Force chief meets DG PR Sindh

General Wang Ning, Commander Peoples Armed Police Force China met DG Pakistan Rangers (PR) Sindh at the Headquarters (HQ) PR Sindh, said a statement issued here by Inter Services Public Relations (ISPR) on Wednesday. During the meeting, matters related to
Published 16 Aug, 2018 12:00am
Profit rates of different saving certificates revised

Profit rates of different saving certificates revised

The Central Directorate of National Savings (CDNS) has notified upward revision in the profit rates for various saving certificates to benefit its investors especially the pensioners, which has been applicable from July 1, 2018.
Published 16 Aug, 2018 12:00am
IMH mark Independence Day

IMH mark Independence Day

Islamabad Marriott Hotel prepared 71 feet-long cake to mark the milestone of 71 years of an Independent Pakistan.
Published 16 Aug, 2018 12:00am
PARC official accused of corruption

PARC official accused of corruption

Muzaffar Nishat s/o Nishat Ahmed Khan, ex-scientific officer / assistant director, PARC was accused of offence of corruption and corrupt practices as defined under the provisions of National Accountability Ordinance (NAO) 1999.
Published 16 Aug, 2018 12:00am
OGDCL celebrates Independence Day

OGDCL celebrates Independence Day

OGDCL held a ceremonial gathering in connection with Independence Day at OGDCL Head Office Islamabad. The ceremony was attended by Zahid Mir, Managing Director OGDCL, senior officials and a large number of employees. Speaking on the occasion, the Managing
Published 16 Aug, 2018 12:00am
SECP, Karakorum International University sign MoU

SECP, Karakorum International University sign MoU

The Securities and Exchange Commission of Pakistan has signed an MOU with Karakorum International University, Gilgit at SECP's head office in Islamabad. Shauzab Ali, Commissioner Investor Education Department (IED) and Engineer Professor Dr Attaullah Shah
Published 16 Aug, 2018 12:00am
ZTBL celebrates 71st Independence Day

ZTBL celebrates 71st Independence Day

On the eve of 71st Independence Day a simple flag hoisting ceremony was held here in Zarai Taraqiati Bank Limited (ZTBL) Head Office Islamabad. The ceremony was attended by Bank's senior executives, officers, employees and a large segment of children.
Published 16 Aug, 2018 12:00am
PTI's Mahmood, opposition's Nisar vie for KP CM's slot

PTI's Mahmood, opposition's Nisar vie for KP CM's slot

Mahmood Khan of Pakistan Tehreek-e-Insaf (PTI) and Mian Nisar Gul of joint opposition filed nomination papers for the coveted office of the Chief Minister Khyber Pakhtunkhwwa with Secretary KP Assembly. The election will be held today (Thursday) August 16
Published 16 Aug, 2018 12:00am
Nepra, UET sign MoU for research collaboration

Nepra, UET sign MoU for research collaboration

A Memorandum of Understanding (MoU) was signed between National Electric Power Regulatory Authority (NEPRA) and U.S.-Pakistan Center for Advanced Studies (USPCAS-E) University of Engineering & Technology (UET) Peshawar. NEPRA is the sole autonomous electr
Published 16 Aug, 2018 12:00am
MUET organises dialogue on 'water and women'

MUET organises dialogue on 'water and women'

Water sector development must be gender inclusive and to ensure the women rights, the public and private sector have to work together, this was said by speakers during the Policy Dialogue on Water and Women - Does the Water Sector Development have a gende
Published 16 Aug, 2018 12:00am
Independence Day: rescue 1122 responds to 1,375 traffic incidents

Independence Day: rescue 1122 responds to 1,375 traffic incidents

The Punjab Emergency Service has rescued as many as 1585 victims while responding to 1375 road traffic crashes on 14th August 2018 across Punjab. This number shows an increase of 31 percent as compared to 1046 crashes on Independence Day in 2017.
Published 16 Aug, 2018 12:00am
Tree plantation drive beging at SAU

Tree plantation drive beging at SAU

Mega Tree plantation campaign was held at main campus of Sindh Agriculture University, Tandojam. Prof Dr Mujeebuddin Memon, Vice Chancellor, SAU Tandojam inaugurated the campaign and also led the walk from Administration Block to Faculty of Agricultural S
Published 16 Aug, 2018 12:00am
SWC restrains civic bodies from hiring contingency staff

SWC restrains civic bodies from hiring contingency staff

Sindh Water Commission (SWC) Wednesday restrained all local government municipal corporations, municipal town committees from engaging contingency employees. The Commission issued these directives after Secretary Local Government Sindh raised the issue of
Published 16 Aug, 2018 12:00am
FFC annual report 2017 wins award

FFC annual report 2017 wins award

The annual report 2017 of Fauji Fertilizer Company Limited (FFC) has been declared number one by the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP). According to a FFC's spoke
Published 16 Aug, 2018 12:00am
PBD&TI celebrates Independence Day

PBD&TI celebrates Independence Day

An Independence Day function was organized by the Pakistan Bedwear Designing & Training Institute on 14th August 2018 and which was attended by Shabir Ahmed patron-in- chief Pakistan Bedwear Exporters Association, Sharmeen Abbas Naqvi, Danish Javed, Facul
Published 16 Aug, 2018 12:00am
Samba Bank's PAT soars to Rs 440.401 million

Samba Bank's PAT soars to Rs 440.401 million

The profit after tax (PAT) of Samba Bank increased to Rs 440.401 million in the half year period ended June 30, 2018 as compared to Rs 232.306 million earned in the corresponding period in 2017. The board of directors of the bank in its meeting held here
Published 16 Aug, 2018 12:00am
Samba Bank's PAT soars to Rs 440.401 million

Samba Bank's PAT soars to Rs 440.401 million

The profit after tax (PAT) of Samba Bank increased to Rs 440.401 million in the half year period ended June 30, 2018 as compared to Rs 232.306 million earned in the corresponding period in 2017. The board of directors of the bank in its meeting held here
Published 16 Aug, 2018 12:00am
KU vice chancellor stresses need for increasing crop production

KU vice chancellor stresses need for increasing crop production

"Pakistan is always projected as an agricultural-based country with majority of its population living in rural areas and relies on income from agribusiness." This was stated by Prof Dr Muhammad Ajmal Khan, Vice Chancellor Karachi University (KU), while de
Published 16 Aug, 2018 12:00am
14 exhibitors to participate in Automechanika Frankfurt 2018

14 exhibitors to participate in Automechanika Frankfurt 2018

A total of 14 exhibitors from Pakistan are going to participate in Automechanika Frankfurt 2018 schedule to be held from 11-15 September, 2018. Out of them 9 are participating under Trade Development Authority of Pakistan while other 5 are exhibiting dire
Published 16 Aug, 2018 12:00am
PTI MPA Ghulam Abbas dies of heart attack

PTI MPA Ghulam Abbas dies of heart attack

An MPA-elect belonging to Pakistan Tehreek-e-Insaf (PTI), elected from PP-222 (Multan), Ghulam Abbas Khaki, died of cardiac arrest late Tuesday night. Khaki had suffered heart attack four days ago and he was shifted to a private hospital in Islamabad. He
Published 16 Aug, 2018 12:00am
PCJCCI, Sichuan International Chamber of Commerce sign MoU

PCJCCI, Sichuan International Chamber of Commerce sign MoU

The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has entered into a long-term collaboration with the Sichuan International Chamber of Commerce for setting up of Pakistan-Chengdu Economic Trade Centre. A memorandum of understanding has be
Published 16 Aug, 2018 12:00am
Eid-ul-Azha: LWMC to set up 299 camps

Eid-ul-Azha: LWMC to set up 299 camps

Deputy Commissioner Lahore / Chairman Lahore Waste Management Company (LUMC) Captain Anwar-ul-Haq (retd) has said that LWMC will establish as many as 299 UC based cleanliness camps during the days of Eid-ul-Azha for which the company has prepared its plan
Published 16 Aug, 2018 12:00am
Law & order: Askari lauds administration, police

Law & order: Askari lauds administration, police

Expressing satisfaction over best arrangements made for providing security to various public functions held on the Independence Day, the interim chief minister Punjab Dr Hassan Askari extended good wishes to cabinet committee on law and order, police and
Published 16 Aug, 2018 12:00am
Nisar skips Punjab Assembly's maiden session

Nisar skips Punjab Assembly's maiden session

Former interior minister Chaudhry Nisar Ali Khan, who won July 25 election from Punjab constituency PP-10, Rawalpindi-V, did not appear on Wednesday in the first session of 17th Punjab Assembly. Ch Nisar's absence in the session was felt by the media as w
Published 16 Aug, 2018 12:00am
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