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karachiIn view of inherent operational risks in processing, cancellation and issuance of payment, it has been decided that henceforth the banks/MFBs shall strictly observe the following controls, in addition to those already in place for the purpose.Before processing the request for purchase of the Payment Instruments, the banks/MFBs shall ensure that the purchaser has properly narrated the name, Computerized National Identity Card Number/ Smart ...

islamabadA Chinese delegation, led by Li Tong, Chief Executive Officer/Chairperson Bank of China International, Tuesday called on Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi.The delegation comprised of the representatives of M/s China Tianrui Group, M/s Metallurgical Corporation of China, M/s BOC International Holdings Limited, M/s GCL-Poly Energy Holdings Limited and M/s Shandong Hi-Speed Group Co, a press release said.The ...

karachiStocks closed bearish amid thin trade on political uncertainty after MQM decision to quit coalition government in Sindh.Banks cannot invest more than 30 percent of their paid up capitals as per SBP regulation also a reason which supported bearish spell at local bourse, market sources informed The Nation.The Karachi equity market benchmark KSE-100 share index shed 171.98 points or 0.58 percent to end the day at 29711.12 points compared to ...

LAHORE (PR):  Warid Telecom is proud to announce its support of ...

LAHORE (PR): Ufone recently organized a visit of the Ufone ...

KARACHI (PR): The Employers’ Federation of Pakistan (EFP) ...

TAIPEI - Booming shipments of the iPhone 6 helped Taiwan’s ...

ISLAMABADThe Competition Commission of Pakistan (CCP) has issued show ...

ISLAMABADMinistry of Water and Power has said that recent 29 paisa ...

Kashif AhmedWITH each passing day, as the personal communication and IT devices become more and more sophisticated, the consumers face an increasing challenge of protecting them, against damage or ...

LAHORE (PR): Pakistan Accumulators (Pvt) Ltd recently organised conventions in Punjab to create awareness of their exclusive range of products and awarded special incentives (motorcycles) to their ...

LAHORE (PR): Samsung Electronics Co., Ltd. announced the expansion of its flagship Galaxy Note series with the new Galaxy Note 4 and Galaxy Note Edge. Blending an evolved S Pen with a superior ...

LAHORE (PR): Al Mustafa Welfare Trust-UK (AMWT) has started free-eye camps drive. During this campaign, AMWT would set-up free eye camps in different parts of the country including Pir Mahal, Darya ...

BERLIN - French and German ministers met in Berlin on Monday, amid calls on Germany to do more to boost growth in Europe, while France faces a battle in Brussels over its budget.The meeting comes at ...

Turkish businessmen for joint ventures to promote businessLAHORE (APP): Turkey, for being the second fastest growing economy of the world after China, has a lot to offer to their Pakistani ...

inpISLAMABADPhilip Barton, British High Commissioner and Richard Montgomery, Head of DFID called on the Federal Minister for Finance, Senator Mohammad Ishaq Dar at the Finance Ministry on Monday.The ...

KARACHI (Our Staff Reporter): Dollar took strength in money market against rupee in on Friday, it was traded at highest rate of Rs 103.05 in inter bank. According to the data provided by the Forex ...

THE HAGUE - The powerful Dutch dairy industry is scrambling to cash in on exploding demand for whey, a cheese by-product once used mainly in cattle feed now turned global nutritional hit.Over the ...

ISLAMABAD - Finance Minister, Senator Mohammad Ishaq Dar chaired a special briefing session by EAD about the flood affectees and IDPs at the Ministry of Finance, in which he was apprised about relief ...

RYUGASAKI - Shuichi Yokota may be the future of Japan’s struggling rice industry.The 38-year-old is about half the age of most growers and he relies on cutting-edge technology to cultivate vast ...

Pakistanis continue to remain glued to their television screens following the scandals and drama of the past and current governments, and as always, Pakistani politics is more exciting than any soap ...

BERLIN - Germany is helping France to draw up a pact with the European Commission on deficit reduction and structural reforms to win Brussels’ approval of its 2015 budget, a report said ...

LAHORE (PR) - The recently-appointed VC of AIOU, Dr. Shahid Siddiqui, inaugurated the newly-constructed Admin Block at the Regional Campus, Lahore. Since this was his first visit to the campus as ...

LAHORE - The prices of most of vegetables and fruits were stable while tomato rates continued in the range of Rs55 to Rs65 per kg in Sunday bazaars and in open market respectively in different areas ...

When the soldiers fought in the Vietnam war, they were less than reluctant to leave the battlefield. They wanted to live and fight as long as they were either killed by the Viet Cong or some other ...

ISLAMABADThe Asian Development Bank (ADB) in its recent report has said that economic reforms initiated by the Pakistan government in the past year contributed to improved economic conditions, growth ...

LAHOREThe equity markets opened the week on a positive note over Pakistan and IMF agreeing to club fourth and fifth reviews, with a possible disbursement of US$1.1bn by Dec-end. However, plunging ...

LAHOREThe business community as well as the citizens, rejecting increase in property tax rates, have asked the Punjab government to introduce a proper system for the assessment of property tax, as ...

PESHAWARKhyber Pakhtunkhwa Chief Minister, Pervaiz Khattak said that provincial government has established first Islamic Microcredit Division by providing an amount of rupees one billion to ...

Cement sector profit up 13pc in FY14LAHORE (OUR STAFF REPORTETR):  Despite increase in power tariffs, country’s listed cement sector posted 13% earnings growth in FY14 as net profits grew ...

ISLAMABAD (APP): The Chief Executive Officers and Managing Directors of Exploration and Production Sector Companies operating in Pakistan attended the preconference meeting of Annual Technical ...

Arif Elahi assumes charge as EPZA chairmanKARACHI (PR): Newly appointed Chairman EPZA, Arif Elahi held a detailed meeting with the top management of Export Processing Zones Authority (EPZA) upon ...

JAKARTA - Indonesia’s President-elect Joko Widodo plans to order the steepest rise in subsidised fuel prices in nine years soon after he takes over the reins of Southeast Asia’s largest ...

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