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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-02-28
FTO calls for fresh examination of case

FTO calls for fresh examination of case

Federal Tax Ombudsman Saleem Akhtar has turned down the orders of the Income Tax Officer and its endorsement by the Appellate Commissioner of income tax, and called for fresh examination of the case.
Published 28 Feb, 2004 12:00am
Nadra issues CRC instead of B form

Nadra issues CRC instead of B form

The National Database and Registration Authority (Nadra) has started registration of children by issuing Child Registration Certificates (CRC) instead of the form "B".
Published 28 Feb, 2004 12:00am
Port Qasim approves reduction in berth fee

Port Qasim approves reduction in berth fee

Under its tariff rationalisation plan, the Board of Directors of Port Qasim Authority (PQA) has approved reduction in berth fee by introducing charging of berth fee on six hourly basis after the first day stay and redrafting of berth fee section to accoun
Published 28 Feb, 2004 12:00am
Karachi Chamber to co-operate with BoI for facilities to investors

Karachi Chamber to co-operate with BoI for facilities to investors

Akhlaq Ahmed Malik, Director-General, Board of Investment (BoI), has urged members of Karachi Chamber of Commerce and Industry (KCCI) to come forward for investment, saying that there is a lot of scope in agro-based industry and food stuff sector.
Published 28 Feb, 2004 12:00am
Saudi-Pak Bank acquires IBM servers

Saudi-Pak Bank acquires IBM servers

Saudi-Pak Commercial Bank has signed an agreement to acquire revolutionary designed and technology-based IBM eServer xSeries (Intel Processor-based Servers) to run their core banking application, debit card system, data warehousing and disaster recovery.
Published 28 Feb, 2004 12:00am
EPB seminar

EPB seminar

The Export Promotion Bureau is organising a one-day seminar at a local hotel on February 28. The seminar is being held to assess the state of preparedness of the textile sector in Pakistan in face of the changing global environment and the end of quotas o
Published 28 Feb, 2004 12:00am
Deputy AG to retire on March 9

Deputy AG to retire on March 9

Deputy Attorney General Hafiz S.A. Rehman will retire on March 9, after attaining the age of superannuation.
Published 28 Feb, 2004 12:00am
Canadian team asked to build two houses on trial basis

Canadian team asked to build two houses on trial basis

A Canadian team met Syed Raza Ali Gillani Punjab Minister for Housing & Urban Development, and showed its keen interest in the housing sector of the province, apprising the minister about various modern techniques being implemented in the sector in Canada
Published 28 Feb, 2004 12:00am
No calling off of tour due to crowd trouble: PCB chief

No calling off of tour due to crowd trouble: PCB chief

Pakistan Cricket Board (PCB) Chairman Shaharyar Khan on Friday dispelled fears that the forthcoming Indian cricket tour could be called off due to minor crowd disturbances such as stone or bottle throwing.
Published 28 Feb, 2004 12:00am
Pakistani engineers' capability underlined

Pakistani engineers' capability underlined

Speakers at a symposium have said that Pakistani engineers are fully capable of handling complicated jobs and prepared to undertake assignments in international markets.
Published 28 Feb, 2004 12:00am
LCCI delegation's visit to India welcomed

LCCI delegation's visit to India welcomed

A number of trade bodies have termed ongoing visit of the delegation of the Lahore Chamber of Commerce and Industry (LCCI) to India as a right step in right direction which would help in acquiring knowledge to meet future challenges.
Published 28 Feb, 2004 12:00am
SGA seeks probe against sugar mills

SGA seeks probe against sugar mills

Sugarcane Growers Association (SGA) has made an appeal to government to initiate probe into the complaints of sugarcane growers regarding under weighing & underpayment charges against all sugar mills in Punjab through National Accountability Bureau (NAB).
Published 28 Feb, 2004 12:00am
Presentation on trade policy initiatives

Presentation on trade policy initiatives

Export Promotion Bureau (EPB) will give a presentation to the exporters, associations, trade bodies and Paapam members at the Lahore Chamber of Commerce and Industry on trade policy initiatives on Saturday, February 28.
Published 28 Feb, 2004 12:00am
'Single Member Company will promote cottage industry'

'Single Member Company will promote cottage industry'

Raheel Asghar Ginai, Honorary Secretary, Institute of Cost and Management Accountants of Pakistan (ICMA), has said that Single Member Company will especially promote cottage industry in the country and thus contribute in a big way towards development of n
Published 28 Feb, 2004 12:00am
Concern voiced over raise in MS billet prices

Concern voiced over raise in MS billet prices

Pakistan Steel Re-rolling Mills Association Chairman Mian Muhammad Arshad, while expressing his deep concern over jump in the prices of mild steel (MS) billets by Pakistan Steel Mills (PSM), has made an appeal to the prime minister and federal minister fo
Published 28 Feb, 2004 12:00am
'US a very important player in Pak-India rapprochement'

'US a very important player in Pak-India rapprochement'

Frank G. Wisner, a co-chairman of an independent task force on South Asia and a former US envoy to New Delhi has said that the United States is a very important player in the Pak-India rapprochement.
Published 28 Feb, 2004 12:00am
Army called out in Multan and five other cities

Army called out in Multan and five other cities

Army called out in Multan for the assistance of civil administration. Similarly, army was called out in different cities of south Punjab, like Khanewal, Bahawalpur, Lodhran, Jhang and Sahiwal.
Published 28 Feb, 2004 12:00am
Bridge Notes: Virtue of action weighs more than inaction

Bridge Notes: Virtue of action weighs more than inaction

The atmosphere in duplicate bridge, whether pairs or team events, in some of the capitals of South Indian states was markedly casual and easy-going without much of tense moments. At times sarcastic remarks punctuated with spirited discussions taking place
Published 28 Feb, 2004 12:00am
EU's online help desk for exporters

EU's online help desk for exporters

European Union (EU) has recently launched an online help desk "Expanding Export Helpdesk Advice for Developing Countries Exporting to EU."
Published 28 Feb, 2004 12:00am
TELEVISION: PPP - desertions and mergers

TELEVISION: PPP - desertions and mergers

Given their biased perceptions of European politics the founding fathers of America did not envision any role for political parties in their future republic. So when they wrote the constitution they tried to secure the workability of the new republic by i
Published 28 Feb, 2004 12:00am
World Women's Day planned

World Women's Day planned

A number of colourful events have been arranged on the eve of World Women's Day in the district by different organisations while "Stop Honour Killing" would be the sole theme of the day to be observed on March 8.
Published 28 Feb, 2004 12:00am
SPORTS WORLD: Olympic qualifier: testing time ahead for green shirters

SPORTS WORLD: Olympic qualifier: testing time ahead for green shirters

The nation wants nothing but a gold in the Athens Olympics, especially in hockey, and the Olympic qualifying rounds, to be played in the Spanish capital of Madrid from March 2 to 13, will be a litmus test for the new combination of senior and junior playe
Published 28 Feb, 2004 12:00am
Government to discourage misuse of diplomatic import facility

Government to discourage misuse of diplomatic import facility

Finance Minister Shaukat Aziz here on Friday said that the government has decided to take measures for discouraging misuse of diplomatic import facility, which is generally availed of for smuggling of luxurious vehicles and other valuable goods.
Published 28 Feb, 2004 12:00am
Sport World: Karachi's questionable exclusion from Test itinerary

Sport World: Karachi's questionable exclusion from Test itinerary

The long-awaited programme for cricket tour of the Indian squad saw the light of the day last week simultaneously from the PCB headquarters in Lahore and Kolkata, where the BCCI Chief Jagmohan Dalmiya is stationed. In fact the whole itinerary was known to
Published 28 Feb, 2004 12:00am
Action against gang demanded

Action against gang demanded

A delegation of the Commerce Ministry Housing Society called on the Chief Commissioner Islamabad Junaid Iqbal on Friday.
Published 28 Feb, 2004 12:00am
LAHORE CULTURAL DIARY: Horse & Cattle Show dominated other activities

LAHORE CULTURAL DIARY: Horse & Cattle Show dominated other activities

The National Horse and Cattle Show dominated the cultural scene in the city. Other activities, which also drew attention of a large number of people, were an exhibition - A Retrospective, Rafe-uz-Zaman- on February 16 and DOORS Sculptors Project on Februa
Published 28 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 28 Feb, 2004 12:00am
CDA confiscates PSO outlet

CDA confiscates PSO outlet

The enforcement directorate of the Capital Development Authority (CDA) here on Friday took the possession of a PSO outlet in the federal capital after the Lahore High Court (LHC) Rawalpindi Bench rejected the plea of the lessee for stay order.
Published 28 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 28 Feb, 2004 12:00am
KRL exhibited N-wares at arms fair: Jane's Weekly

KRL exhibited N-wares at arms fair: Jane's Weekly

The Pakistani scientist at the centre of a black market in nuclear weapons was able to display sensitive equipment and brochures for atom bomb technology at a Pakistani arms fair, Jane's Defence Weekly (JDW) has reported.
Published 28 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 Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
56 units excluded from suspected list

56 units excluded from suspected list

The Collectorate of Sales Tax Enforcement, Karachi, has excluded 56 units from the list of suspected units on the intervention of various trade bodies.
Published 28 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 Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
56 units excluded from suspected list

56 units excluded from suspected list

The Collectorate of Sales Tax Enforcement, Karachi, has excluded 56 units from the list of suspected units on the intervention of various trade bodies.
Published 28 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 Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
Risk management guidelines to replace prudential regulations

Risk management guidelines to replace prudential regulations

The new Prudential Regulations will gradually be replaced with the Risk Management Guidelines. The Risk Management Guidelines are of advisory nature, cover the broader and policy parameters, and allow bankers greater discretion in all areas of operations,
Published 28 Feb, 2004 12:00am
Risk management guidelines to replace prudential regulations

Risk management guidelines to replace prudential regulations

The new Prudential Regulations will gradually be replaced with the Risk Management Guidelines. The Risk Management Guidelines are of advisory nature, cover the broader and policy parameters, and allow bankers greater discretion in all areas of operations,
Published 28 Feb, 2004 12:00am
KSE maintains winning streak

KSE maintains winning streak

The blue chips and investment stocks for the third consecutive session scored gains after financial institutions got active and placed fresh deals at gas, oil, communication and mutual funds counters.
Published 28 Feb, 2004 12:00am
KSE maintains winning streak

KSE maintains winning streak

The blue chips and investment stocks for the third consecutive session scored gains after financial institutions got active and placed fresh deals at gas, oil, communication and mutual funds counters.
Published 28 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 Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
LSE index up 14.36 points

LSE index up 14.36 points

Stocks in the local bourse on Friday posted mild gains following buying interest in key chips, notably in PSO, which pushed the index to a positive close.
Published 28 Feb, 2004 12:00am
LSE index up 14.36 points

LSE index up 14.36 points

Stocks in the local bourse on Friday posted mild gains following buying interest in key chips, notably in PSO, which pushed the index to a positive close.
Published 28 Feb, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
Bulls hold sway on ISE

Bulls hold sway on ISE

Bulls dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities scored handsome gains under the lead of hot favourite amid increase in index.
Published 28 Feb, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
Bulls hold sway on ISE

Bulls hold sway on ISE

Bulls dominated the proceedings on the Islamabad Stock Exchange (ISE) where equities scored handsome gains under the lead of hot favourite amid increase in index.
Published 28 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
Al-Abbas group gets TCCL sale agreement

Al-Abbas group gets TCCL sale agreement

Privatisation and Investment Minister Hafeez Shaikh handed over the sale agreement of Thatta Cement Company Limited (TCCL) to the representative of successful bidder, Al-Abbas Group of Companies, here on Friday.
Published 28 Feb, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
Al-Abbas group gets TCCL sale agreement

Al-Abbas group gets TCCL sale agreement

Privatisation and Investment Minister Hafeez Shaikh handed over the sale agreement of Thatta Cement Company Limited (TCCL) to the representative of successful bidder, Al-Abbas Group of Companies, here on Friday.
Published 28 Feb, 2004 12:00am
Next budget to focus on investment and poverty

Next budget to focus on investment and poverty

The Finance Ministry has kicked off the federal budget 2004-05 exercise, hoping to cut the number of taxes and tax rates, broadening the skewed tax base, said Finance Minster Shaukat Aziz on Friday.
Published 28 Feb, 2004 12:00am
Next budget to focus on investment and poverty

Next budget to focus on investment and poverty

The Finance Ministry has kicked off the federal budget 2004-05 exercise, hoping to cut the number of taxes and tax rates, broadening the skewed tax base, said Finance Minster Shaukat Aziz on Friday.
Published 28 Feb, 2004 12:00am
Amnesty to Dr Qadeer conditional: Powell

Amnesty to Dr Qadeer conditional: Powell

US Secretary of State Colin Powell on Thursday said that Dr A. Q. Khan was seen as' a national hero in Pakistan, and that he was "co-operating with full and open disclosures" pertaining to the network, which was involved in global leakage of nuclear know-
Published 28 Feb, 2004 12:00am
Turkish trade deficit jumps

Turkish trade deficit jumps

Turkey's trade deficit swelled to $21.9 billion by the end of 2003, an annual increase of 41 percent, the State Statistics Institute (DIE) said on Friday.
Published 28 Feb, 2004 12:00am
US and seven states to block Oracle's bid

US and seven states to block Oracle's bid

US anti-trust officials announced Thursday a lawsuit to block Oracle Corp's proposed 9.4 billion dollar hostile bid for rival software business firm PeopleSoft.
Published 28 Feb, 2004 12:00am
Parmalat affair: magistrates take depositions against banks

Parmalat affair: magistrates take depositions against banks

Magistrates probing the collapse of Italian dairy giant Parmalat have taken verbal depositions against banks - notably American - that issued bonds that the group can no longer reimburse, press reports said Friday.
Published 28 Feb, 2004 12:00am
Fiat slashes losses, stands by alliance with GM

Fiat slashes losses, stands by alliance with GM

The Italian automobile and industrial conglomerate Fiat said Friday it cut its net loss by more than half last year and forecast its full financial recovery for 2006.
Published 28 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
China to take fresh steps to ease yuan pressure

China to take fresh steps to ease yuan pressure

China will step up efforts this year to ease upward pressure on the yuan, including allowing firms to retain more hard currency and invest more overseas, the top foreign exchange official was quoted on Friday as saying.
Published 28 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
German solar power capacity to grow by 50 percent in 2004

German solar power capacity to grow by 50 percent in 2004

Germany's installed solar power capacity is set to grow by around 50 percent this year on the back of a national law supporting renewable energy, Europe's largest solar industry group UVS said on Friday.
Published 28 Feb, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
PIA trying to get new Boeing 777-200ER

PIA trying to get new Boeing 777-200ER

As part of its fleet renewal and expansion plan, PIA is in the process of acquiring three new Boeing 777-200ER model wide-body aircraft in 2004.
Published 28 Feb, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Friday (February 27, 2004).
Published 28 Feb, 2004 12:00am
30 killed as train collides with truck in India

30 killed as train collides with truck in India

An Indian passenger train collided with a truck carrying a wedding party in India's West Bengal state Friday, killing 30 people, a railways spokesman said.
Published 28 Feb, 2004 12:00am
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