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Print - 2004-02-19
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 19 Feb, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 19 Feb, 2004 12:00am
EU leaders welcome Pak-India peace process

EU leaders welcome Pak-India peace process

A delegation of European Union leaders has welcomed the joint statement of Pakistan and India signalling further moves towards peace process and hoped that this would prove sustainable.
Published 19 Feb, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Clerk caught drawing two salaries since July 2002

Clerk caught drawing two salaries since July 2002

The National Highway Authority Vigilance Cell has detected that an employee (clerk) of Pakistan Post Office was drawing salaries of two government departments simultaneously since July 2002.
Published 19 Feb, 2004 12:00am
Japanese dolls exhibition launched

Japanese dolls exhibition launched

"Dolls are a highly rated form of artistic craft in Japan. And, it is not an exaggeration that no country in the world is as rich in the most varied types of dolls as Japan.
Published 19 Feb, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 19 Feb, 2004 12:00am
Kuwaiti minister arrives

Kuwaiti minister arrives

Abdullah Abdul Rahman Al Taweel, Minister for Commerce and Industry, State of Kuwait arrived in Islamabad at the head of an 11 member delegation for the second session of Pak-Kuwait Joint Ministerial Commission to be held on 19-20 February, 2004.
Published 19 Feb, 2004 12:00am
Population growth rate declines

Population growth rate declines

According to the latest findings of the Federal Bureau of Statistics population growth rate of the country has declined to an encouraging mark ie 1.96 percent.
Published 19 Feb, 2004 12:00am
Government committed to strengthening capital market: Shaukat

Government committed to strengthening capital market: Shaukat

The present government has a firm commitment to develop and further strengthen the capital market of the country on sound footings, and more reforms after demutualization of market would come to increase investor base, said Finance Minister Shaukat Aziz.
Published 19 Feb, 2004 12:00am
Korean team and BoI chief discuss investment prospects

Korean team and BoI chief discuss investment prospects

An 8-member South Korea delegation, headed by Hwang Kyu Ho, of Korean Ministry of Commerce discussed in detail the ways and means to promote bilateral co-operation in the field of energy and natural resources during a meeting with BOI Chairman Waseem Haqq
Published 19 Feb, 2004 12:00am
ADB approves $465,000 technical grant for Fata

ADB approves $465,000 technical grant for Fata

The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $465,000 to strengthen key institutions involved with the development of the Federally Administered Tribal Areas (Fata).
Published 19 Feb, 2004 12:00am
Pakistan to ask Kuwait for extension of oil credit facility

Pakistan to ask Kuwait for extension of oil credit facility

Pakistan will ask Kuwait for the extension in two months credit facility for oil supply for one year and narrowing of the trade imbalance in favour of Pakistan in the upcoming Joint Ministerial Commission meeting, it is reliably learnt here on Tuesday.
Published 19 Feb, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The Senate of Pakistan is expected to lend temperance to the tone and tenor of legislation passed by house of original jurisdiction that in this country is the National Assembly.
Published 19 Feb, 2004 12:00am
Growth quota auction negates QSC proposals: Prgmea

Growth quota auction negates QSC proposals: Prgmea

The Pakistan Readymade Garments Manufacturers and Exporters Association, (Prgmea) has urged the Commerce Minister to issue directives to stop the auction of growth quota in violation of the recommendations made by the Quota Supervisory Council (QSC).
Published 19 Feb, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
CDGK pays tributes to Hashim Raza

CDGK pays tributes to Hashim Raza

The City District Government Karachi (CDGK) in its council meeting on Wednesday paid tributes to well known intellectual and retired bureaucrat Syed Hashim Raza marking his 94th birthday, which fell on February 16.
Published 19 Feb, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
No company can manoeuvre petrol prices, Senate told

No company can manoeuvre petrol prices, Senate told

Minister for Petroleum and Natural Resources, Chaudhry Nouraiz Shakoor on Wednesday assured the Senate that no petroleum company could manoeuvre and monopolise the petroleum prices for their benefit.
Published 19 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Saudi Arabia bans live bird imports from Asia

Saudi Arabia bans live bird imports from Asia

Saudi Arabia has banned the import of live birds and hatching eggs from all Asian countries in response to the outbreak of bird flu, a government document obtained by Reuters on Wednesday showed.
Published 19 Feb, 2004 12:00am
UBL earns Rs 2.817 billion, declares 22.5 percent bonus

UBL earns Rs 2.817 billion, declares 22.5 percent bonus

In the very first year as a privatised bank, the United Bank Limited (UBL) declared a dividend pay-out of 22.5 percent, and in the process the government also received a dividend after two decades on its shareholding of 49 percent in the bank.
Published 19 Feb, 2004 12:00am
UBL earns Rs 2.817 billion, declares 22.5 percent bonus

UBL earns Rs 2.817 billion, declares 22.5 percent bonus

In the very first year as a privatised bank, the United Bank Limited (UBL) declared a dividend pay-out of 22.5 percent, and in the process the government also received a dividend after two decades on its shareholding of 49 percent in the bank.
Published 19 Feb, 2004 12:00am
UBL earns Rs 2.817 billion, declares 22.5 percent bonus

UBL earns Rs 2.817 billion, declares 22.5 percent bonus

In the very first year as a privatised bank, the United Bank Limited (UBL) declared a dividend pay-out of 22.5 percent, and in the process the government also received a dividend after two decades on its shareholding of 49 percent in the bank.
Published 19 Feb, 2004 12:00am
Seven killed in bus accident near Okara

Seven killed in bus accident near Okara

Seven people were killed and several injured when a bus, heading for Okara, turned turtle due to poor visibility caused by thick fog on Wednesday morning near village 34/2-RA at Satgarah Morr.
Published 19 Feb, 2004 12:00am
Russian deputy foreign minister due on February 23

Russian deputy foreign minister due on February 23

Deputy Foreign Minister of Russia Alexy Safonov is scheduled to visit Pakistan from February 23 to attend the meeting of the joint working group on combating terrorism, Russian Embassy officials said on Wednesday.
Published 19 Feb, 2004 12:00am
BJP urges freedom fighters to give up arms

BJP urges freedom fighters to give up arms

India's ruling Hindu nationalist Bharatiya Janata Party (BJP) held its first ever public meeting in occupied Kashmir on Wednesday and urged freedom fighters to give up arms.
Published 19 Feb, 2004 12:00am
BJP urges freedom fighters to give up arms

BJP urges freedom fighters to give up arms

India's ruling Hindu nationalist Bharatiya Janata Party (BJP) held its first ever public meeting in occupied Kashmir on Wednesday and urged freedom fighters to give up arms.
Published 19 Feb, 2004 12:00am
Fauji Sugar Mills sold for Rs 310 million

Fauji Sugar Mills sold for Rs 310 million

Fauji Sugar Mills, Tando Mohammad Khan, has been sold to a private party. According to sources, the mill has been sold for Rs 310 million.
Published 19 Feb, 2004 12:00am
Fauji Sugar Mills sold for Rs 310 million

Fauji Sugar Mills sold for Rs 310 million

Fauji Sugar Mills, Tando Mohammad Khan, has been sold to a private party. According to sources, the mill has been sold for Rs 310 million.
Published 19 Feb, 2004 12:00am
Bidding for cell phone licences on April 14

Bidding for cell phone licences on April 14

The Pakistan Telecommunication Authority (PTA) has decided to hold bidding on April 14 for the grant of two cellular mobile phone licences. This was announced by the Chairman of PTA, Major General Shahzada Alam Malik (Retd), while presiding over investors
Published 19 Feb, 2004 12:00am
ECC to examine cut in duty on fertiliser plant on February 19

ECC to examine cut in duty on fertiliser plant on February 19

Economic Co-ordination Committee (ECC) of the Cabinet will examine a summary of Central Board of Revenue (CBR) for the reduction of customs duty on the import of fertiliser plant/ machinery from 10 to 5 percent.
Published 19 Feb, 2004 12:00am
ECC to examine cut in duty on fertiliser plant on February 19

ECC to examine cut in duty on fertiliser plant on February 19

Economic Co-ordination Committee (ECC) of the Cabinet will examine a summary of Central Board of Revenue (CBR) for the reduction of customs duty on the import of fertiliser plant/ machinery from 10 to 5 percent.
Published 19 Feb, 2004 12:00am
ECC to examine cut in duty on fertiliser plant on February 19

ECC to examine cut in duty on fertiliser plant on February 19

Economic Co-ordination Committee (ECC) of the Cabinet will examine a summary of Central Board of Revenue (CBR) for the reduction of customs duty on the import of fertiliser plant/ machinery from 10 to 5 percent.
Published 19 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Ministry wants hotels tax structure rationalised

Ministry wants hotels tax structure rationalised

Ministry of Tourism (MoT) has contacted Central Board of Revenue (CBR) to rationalise taxation structure pertaining to hotels/travel agents to promote tourism industry in the country, sources told Business Recorder here on Wednesday.
Published 19 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Ministry wants hotels tax structure rationalised

Ministry wants hotels tax structure rationalised

Ministry of Tourism (MoT) has contacted Central Board of Revenue (CBR) to rationalise taxation structure pertaining to hotels/travel agents to promote tourism industry in the country, sources told Business Recorder here on Wednesday.
Published 19 Feb, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid the increase in index.
Published 19 Feb, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 18, 2004).
Published 19 Feb, 2004 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid the increase in index.
Published 19 Feb, 2004 12:00am
Iraq suicide bombs kill 11

Iraq suicide bombs kill 11

Suicide car bombers killed at least 11 Iraqis and wounded 58 foreign troops on Wednesday in twin attacks on a military base south of Baghdad in the run up to a UN report on the feasibility of direct elections in Iraq.
Published 19 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 18, 2004).
Published 19 Feb, 2004 12:00am
Iraq suicide bombs kill 11

Iraq suicide bombs kill 11

Suicide car bombers killed at least 11 Iraqis and wounded 58 foreign troops on Wednesday in twin attacks on a military base south of Baghdad in the run up to a UN report on the feasibility of direct elections in Iraq.
Published 19 Feb, 2004 12:00am
Ecnec approves over Rs 25 billion projects

Ecnec approves over Rs 25 billion projects

The second meeting of the second quarter of Executive Committee of the National Economic Council (Ecnec) approved seven projects of over Rs 25.47 billion. It also reviewed progress on the PSDP projects during the current financial year and put in place me
Published 19 Feb, 2004 12:00am
Ecnec approves over Rs 25 billion projects

Ecnec approves over Rs 25 billion projects

The second meeting of the second quarter of Executive Committee of the National Economic Council (Ecnec) approved seven projects of over Rs 25.47 billion. It also reviewed progress on the PSDP projects during the current financial year and put in place me
Published 19 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 18, 2004).
Published 19 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 18, 2004).
Published 19 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 18, 2004).
Published 19 Feb, 2004 12:00am