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Print - 2004-02-12
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
SHC admits appeal for 123 acres prime land

SHC admits appeal for 123 acres prime land

A division bench of the High Court of Sindh (SHC) comprising Justice Anwar Zaheer Jamali and Justice S. Ali Aslam Jaffery on Wednesday admitted a High Court Appeal in respect of a huge plot ad-measuring 123 acres owned by the Synthetic Chemical Corporatio
Published 12 Feb, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 12 Feb, 2004 12:00am
Pakistani population not immune to Avian flu: WHO

Pakistani population not immune to Avian flu: WHO

Avian Virus or H5N1 has not been isolated till date in Pakistan yet but the country is vulnerable at any point of time like all other parts of the world, WHO Medical Officer (Epidemiology) to Pakistan, Dr Faizullah Kakar informed a workshop, jointly organ
Published 12 Feb, 2004 12:00am
Walk for special children held

Walk for special children held

Special Education Department Punjab organised a walk on Wednesday to express solidarity with special children.
Published 12 Feb, 2004 12:00am
First SC bench reconstituted

First SC bench reconstituted

The First bench headed by Chief Justice Nazim Hussain Siddiqui has been reconstituted, and moved to its principal seat here for the remaining three days of the current judicial week.
Published 12 Feb, 2004 12:00am
French Consulate to reopen shortly

French Consulate to reopen shortly

French Consulate will be reopened in Karachi shortly. French Consul General Jacques Bourbon said that the law and order situation in Karachi was satisfactory and the Government of France had decided to reopen its consulate here.
Published 12 Feb, 2004 12:00am
English language proficiency essential for progress: Lakha

English language proficiency essential for progress: Lakha

Shams Kassim-Lakha, President Aga Khan University Hospital, on Wednesday said that without gaining proficiency in written and spoken English, people would remain deprived of many new ideas needed for the development and progress of their own self.
Published 12 Feb, 2004 12:00am
Transfers and postings

Transfers and postings

Abdul Majeed Hur (BS-19), awaiting posting has been posted with immediate effect and until further orders as executive district officer (Education) Hyderabad in his own pay and scale vice Manzoor Hussain Bhutto transferred, says a government notification.
Published 12 Feb, 2004 12:00am
Two PTCL DGs promoted

Two PTCL DGs promoted

Pakistan Telecommunication Company Limited (PTCL)'s selection board has approved promotions of two senior officers.
Published 12 Feb, 2004 12:00am
Traffic awareness campaign launched in Rawalpindi

Traffic awareness campaign launched in Rawalpindi

Pillion riders without helmet and motorists without proper documents and fitness would not be allowed on road from February 17, in order to avoid the traffic violations and other problems, said Deputy Superintendent Traffic Malik Matloob Ahmed here on Wed
Published 12 Feb, 2004 12:00am
Exams for Turkish Universities on April 18

Exams for Turkish Universities on April 18

The Turkish Embassy here has said that examinations to select self-sponsored students for enrolment in Turkish universities and other faculties are scheduled for April 18 this year.
Published 12 Feb, 2004 12:00am
Pakistan to sign protocol on co-operation with Poland

Pakistan to sign protocol on co-operation with Poland

Pakistan's Foreign Minister, Khurshid Mahmud Kasuri and his Polish counterpart, Wlodzimierz Cimoszewicz will co-chair bilateral plenary talks, following which they will sign a protocol on co-operation between the two ministries.
Published 12 Feb, 2004 12:00am
Workers real strength of PML, says Jamali

Workers real strength of PML, says Jamali

Prime Minister Mir Zafarullah Khan Jamali on Wednesday said that Pakistan Muslim League believes in the empowerment of its workers who are the real strength of the party.
Published 12 Feb, 2004 12:00am
Nobody is above the law, says Kasuri

Nobody is above the law, says Kasuri

Foreign Minister Khurshid Mahmud Kasuri said on Wednesday that nobody was above the law, despite the country's top nuclear scientist was pardoned after he admitted he shared information with other countries.
Published 12 Feb, 2004 12:00am
Prime Minister vows to uphold democratic norms

Prime Minister vows to uphold democratic norms

Prime Minister Mir Zafarullah Khan Jamali on Wednesday said the government has introduced the culture of tolerance and accommodation in politics and would always uphold democratic norms and principles.
Published 12 Feb, 2004 12:00am
Poland Consul General hosts reception

Poland Consul General hosts reception

To say goodbye and welcome the new Consul General Ireneusu Makles, the consul general of the republic of Poland and Mrs Janusz Bylinski hosted a reception at a local hotel on Wednesday.
Published 12 Feb, 2004 12:00am
News contradicted

News contradicted

A spokesman of the Ministry Of Religious Affairs has contradicted a news item in a section of the press that 790 Pakistan Hajis are missing in Saudi Arabia.
Published 12 Feb, 2004 12:00am
Nancy lauds progress made in education sector

Nancy lauds progress made in education sector

US Ambassador, Nancy Powell said on Wednesday that US administration appreciates the pace and progress Pakistan has made for uplift of education in country.
Published 12 Feb, 2004 12:00am
Pakistan seeks increased access to Japanese markets

Pakistan seeks increased access to Japanese markets

In a high-level meeting held here on Wednesday Pakistan drew the attention of Japan on persistent imbalance in bilateral trade, which was in favour of Japan and asked for improved access to Japanese markets.
Published 12 Feb, 2004 12:00am
Pakistan seeks increased access to Japanese markets

Pakistan seeks increased access to Japanese markets

In a high-level meeting held here on Wednesday Pakistan drew the attention of Japan on persistent imbalance in bilateral trade, which was in favour of Japan and asked for improved access to Japanese markets.
Published 12 Feb, 2004 12:00am
Sales tax concession: Revenue Board rectifies communication glitch

Sales tax concession: Revenue Board rectifies communication glitch

To discourage deliberate delay in payment of sales tax, the Central Board of Revenue (CBR) has taken precautionary measures to check those people who are availing of immunity from additional tax and penalties under the sales tax concession package careles
Published 12 Feb, 2004 12:00am
Sales tax concession: Revenue Board rectifies communication glitch

Sales tax concession: Revenue Board rectifies communication glitch

To discourage deliberate delay in payment of sales tax, the Central Board of Revenue (CBR) has taken precautionary measures to check those people who are availing of immunity from additional tax and penalties under the sales tax concession package careles
Published 12 Feb, 2004 12:00am
Malaysia passes Calpers test, Argentina and Turkey fail

Malaysia passes Calpers test, Argentina and Turkey fail

Argentina, Turkey and Peru failed the investment grade set by the largest US pension fund, Calpers, but Malaysia passed with flying colours this year, an annual report card on emerging markets showed.
Published 12 Feb, 2004 12:00am
Malaysia passes Calpers test, Argentina and Turkey fail

Malaysia passes Calpers test, Argentina and Turkey fail

Argentina, Turkey and Peru failed the investment grade set by the largest US pension fund, Calpers, but Malaysia passed with flying colours this year, an annual report card on emerging markets showed.
Published 12 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
'Garments City' to be set up in Karachi

'Garments City' to be set up in Karachi

A 'Garments City' will be established in Karachi for the development and promotion of textile products in and outside the country.
Published 12 Feb, 2004 12:00am
NRL defers 40,000 tonnes fuel oil export

NRL defers 40,000 tonnes fuel oil export

Pakistan has decided to sell 40,000 tonnes of February high sulphur fuel oil domestically rather than overseas, scuppering what would have been its first fuel oil export in 20 years, sources in Pakistan said on Wednesday.
Published 12 Feb, 2004 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Rebate on rice gluten and liquid glucose export

Rebate on rice gluten and liquid glucose export

The Central Board of Revenue (CBR) has given duty drawback on export of rice gluten protein and liquid glucose from February 9, 2004, according to a notification issued here on Wednesday.
Published 12 Feb, 2004 12:00am
US values Musharraf's assurances

US values Musharraf's assurances

The United States certainly values the assurances that President Pervez Musharraf has provided in respect of non-proliferation, said the White House Spokesman.
Published 12 Feb, 2004 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Petroleum products export to Afghanistan found fictitious

Petroleum products export to Afghanistan found fictitious

A Collectorate of Customs, Sales Tax and Central Excise Custom House, Quetta investigation report has confirmed that export of petroleum products from Pakistan to Afghanistan was fictitious and on paper only.
Published 12 Feb, 2004 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Petroleum products export to Afghanistan found fictitious

Petroleum products export to Afghanistan found fictitious

A Collectorate of Customs, Sales Tax and Central Excise Custom House, Quetta investigation report has confirmed that export of petroleum products from Pakistan to Afghanistan was fictitious and on paper only.
Published 12 Feb, 2004 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (February 11, 2004).
Published 12 Feb, 2004 12:00am
Cross-border terrorism comes down: Fernandes

Cross-border terrorism comes down: Fernandes

India on Wednesday said that there is "solid information" that Pakistan government has taken steps to put down terrorism across the Line of Control (LoC) in disputed Kashmir and that infiltration has come down by a "considerable extent".
Published 12 Feb, 2004 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 12 Feb, 2004 12:00am
Cross-border terrorism comes down: Fernandes

Cross-border terrorism comes down: Fernandes

India on Wednesday said that there is "solid information" that Pakistan government has taken steps to put down terrorism across the Line of Control (LoC) in disputed Kashmir and that infiltration has come down by a "considerable extent".
Published 12 Feb, 2004 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 12 Feb, 2004 12:00am
Flour mills withdraw shutter-down notice

Flour mills withdraw shutter-down notice

Flour mills in Sindh have withdrawn their ultimatum to pull down their shutters. The millers took this decision after a meeting with Provincial Food Minister Arif Mustafa Jatoi on Wednesday.
Published 12 Feb, 2004 12:00am
Turkey unveils 2004 privatisation plans

Turkey unveils 2004 privatisation plans

Turkey unveiled ambitious plans on Wednesday to push through privatisations in 2004 ranging from tobacco and sugar to telecoms and power companies, undaunted by failure to meet privatisation targets in past years.
Published 12 Feb, 2004 12:00am
Kenyan coffee prices stable, expected remain steady

Kenyan coffee prices stable, expected remain steady

Prices for Kenyan coffee were largely unchanged at this week's main season auction, with quality beans fetching premiums and expectations that those values would hold, traders said on Wednesday.
Published 12 Feb, 2004 12:00am
US and Japan to resume beef trade: Zoellick

US and Japan to resume beef trade: Zoellick

The United States and Japan agreed on Wednesday to try to find a way to end a ban on imports of US beef imposed after an outbreak of mad cow disease, Trade Representative Robert Zoellick said on Wednesday.
Published 12 Feb, 2004 12:00am
Singapore bunker fuel oil prices steady

Singapore bunker fuel oil prices steady

Singapore bunker fuel oil prices were mostly steady on Wednesday, supported by higher cargo and crude prices, while South Korean and Thai prices fell on thin demand, traders said.
Published 12 Feb, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 102,159 tonnes of cargo including 89,492 tonnes import and 12,667 tonnes export cargo during last 24 hours ending at 0700 hours on Wednesday.
Published 12 Feb, 2004 12:00am
Motorola launches three new models

Motorola launches three new models

Motorola Inc, the world's No 2 maker of mobile phones, on Wednesday introduced three new models that take advantage of the nascent market for "walkie-talkie"-like features, including a model for the European market.
Published 12 Feb, 2004 12:00am
Brazil 2003-04 cocoa arrivals up 7.6 percent

Brazil 2003-04 cocoa arrivals up 7.6 percent

Brazil 2003/04 (May-April) cocoa arrivals from Bahia, other states and countries reached 2.98 million 60-kg bags by February 8, up 7.6 percent from a year ago, the Bahia Commercial Association said on Wednesday.
Published 12 Feb, 2004 12:00am
Yahoo opens new messenger service

Yahoo opens new messenger service

Internet services company Yahoo Inc on Wednesday launched an enhanced version of its instant messenger service to run on PCS Vision mobile telephones from partner Sprint Corp.
Published 12 Feb, 2004 12:00am
Brazil seeks higher EU coffee quota

Brazil seeks higher EU coffee quota

Brazil is seeking to increase its soluble, or instant, coffee export quota to the European Union to take account of the EU's eastward enlargement, the Valor Economico newspaper said on Wednesday.
Published 12 Feb, 2004 12:00am
Opec taking 'pre-emptive action' to protect prices: Nuaimi

Opec taking 'pre-emptive action' to protect prices: Nuaimi

Opecs decision to cut over-production and reduce its output ceiling by one million barrels per day (bpd) from April was aimed at preventing a potentially damaging build-up in oil inventories, Saudi Arabian Oil Minister Ali Nuaimi told the Middle East Econ
Published 12 Feb, 2004 12:00am