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Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-06-10
PTCL carelessness regretted

PTCL carelessness regretted

Mohammad Saeed Shafiq, Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI), in a communication to the Chairman, Pakistan Telecommunication Co Ltd, has regretted the poor performance of PTCL, Karachi.
Published 10 Jun, 2004 12:00am
France challenges ECB strategy on inflation

France challenges ECB strategy on inflation

France challenged the strategy of the European Central Bank on Tuesday, questioning its inflation control target at a time when Italy and others are clamouring for the eurozone central bank to do more for economic growth.
Published 10 Jun, 2004 12:00am
TSMC sales jump 29 percent

TSMC sales jump 29 percent

Monthly sales at TSMC, the world's largest contract maker of microchips, surged 29 percent to a record in May on demand for chips used in consumer electronics, but investors worry about a possible slump in the second half.
Published 10 Jun, 2004 12:00am
EU Commission likely to back IAS 39 rule

EU Commission likely to back IAS 39 rule

The EU Commission is likely to recommend next week the adoption of a controversial accounting rule, IAS 39, which banks say will play havoc with their balance sheets, a source familiar with the issue said on Wednesday.
Published 10 Jun, 2004 12:00am
11 killed in Bangladesh building collapse

11 killed in Bangladesh building collapse

A five-storey building collapsed in the Bangladeshi capital on Wednesday, killing 11 people and leaving at least five feared trapped, police and witnesses said.
Published 10 Jun, 2004 12:00am
11 killed in Bangladesh building collapse

11 killed in Bangladesh building collapse

A five-storey building collapsed in the Bangladeshi capital on Wednesday, killing 11 people and leaving at least five feared trapped, police and witnesses said.
Published 10 Jun, 2004 12:00am
HBFC asked to simplify loan procedure

HBFC asked to simplify loan procedure

House Building Finance Corporation (HBFC) has sanctioned 425,000 loans for construction and maintenance of houses, while under the 'Ghar Ahsaan Scheme' in the district Lahore 39,000 families availed the HBFC loan facility.
Published 10 Jun, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
US helicopter violates Pakistan air space

US helicopter violates Pakistan air space

A US military helicopter violated Pakistani air space in north-western tribal territory on Wednesday, almost two weeks after US and Afghan commanders promised that coalition troops would avoid future intrusions, the military said.
Published 10 Jun, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Hyundai keen to invest in petroleum sector

Hyundai keen to invest in petroleum sector

Petroleum Minister, Chaudhry Nouraiz Shakoor said there was a lot of potential and opportunities existed for investors in Pakistan's petroleum sector and government would welcome Hyundai's investment in gas storage, coastal refinery, power units on gas/co
Published 10 Jun, 2004 12:00am
Rs 9.5 billion ADP prepared for Balochistan uplift

Rs 9.5 billion ADP prepared for Balochistan uplift

Provincial Annual Development Plan (ADP) 2004-05 involving development outlay of Rs 9.5 billion has been prepared for implementation in the new fiscal year 2004-05 beginning in Balochistan from July 1, 2004.
Published 10 Jun, 2004 12:00am
Response for PIA shares encouraging

Response for PIA shares encouraging

PIA subscription for the secondary public offering of 5 percent (57.5 million) shares has received relatively encouraging response from overseas Pakistanis.
Published 10 Jun, 2004 12:00am
Response for PIA shares encouraging

Response for PIA shares encouraging

PIA subscription for the secondary public offering of 5 percent (57.5 million) shares has received relatively encouraging response from overseas Pakistanis.
Published 10 Jun, 2004 12:00am
Response for PIA shares encouraging

Response for PIA shares encouraging

PIA subscription for the secondary public offering of 5 percent (57.5 million) shares has received relatively encouraging response from overseas Pakistanis.
Published 10 Jun, 2004 12:00am
Zamir Niazi hospitalised

Zamir Niazi hospitalised

The veteran journalist and former news editor of Business Recorder, Zamir Niazi, has been hospitalised after his condition deteriorated on Tuesday.
Published 10 Jun, 2004 12:00am
Zamir Niazi hospitalised

Zamir Niazi hospitalised

The veteran journalist and former news editor of Business Recorder, Zamir Niazi, has been hospitalised after his condition deteriorated on Tuesday.
Published 10 Jun, 2004 12:00am
Seven killed in occupied Kashmir

Seven killed in occupied Kashmir

Seven people were killed in violence in Indian occupied Kashmir as occupation troops on Wednesday encircled a mosque where at least one suspected freedom fighter was holed up, officials said.
Published 10 Jun, 2004 12:00am
Seven killed in occupied Kashmir

Seven killed in occupied Kashmir

Seven people were killed in violence in Indian occupied Kashmir as occupation troops on Wednesday encircled a mosque where at least one suspected freedom fighter was holed up, officials said.
Published 10 Jun, 2004 12:00am
US deficit a threat to world economy: Chirac

US deficit a threat to world economy: Chirac

French President Jacques Chirac warned on Thursday that the yawning US trade and budget deficits pose a threat to a generally bright world economic outlook.
Published 10 Jun, 2004 12:00am
US deficit a threat to world economy: Chirac

US deficit a threat to world economy: Chirac

French President Jacques Chirac warned on Thursday that the yawning US trade and budget deficits pose a threat to a generally bright world economic outlook.
Published 10 Jun, 2004 12:00am
Nepra cuts average sale rate of Fesco

Nepra cuts average sale rate of Fesco

The National Electric Power Regulatory Authority (Nepra) on Wednesday reduced average sale rate of Faisalabad Electric Supply Company (Fesco) and granted licences to all the unbundled companies to operate in their respective areas.
Published 10 Jun, 2004 12:00am
Nepra cuts average sale rate of Fesco

Nepra cuts average sale rate of Fesco

The National Electric Power Regulatory Authority (Nepra) on Wednesday reduced average sale rate of Faisalabad Electric Supply Company (Fesco) and granted licences to all the unbundled companies to operate in their respective areas.
Published 10 Jun, 2004 12:00am
Prime Minister to meet bourses team on June 10

Prime Minister to meet bourses team on June 10

Prime Minister Mir Zafarullah Khan Jamali would meet a delegation of stock exchanges here on Thursday to discuss the issues relating to securities market in the wake of forthcoming fiscal bill.
Published 10 Jun, 2004 12:00am
No political crisis in country: Jamali

No political crisis in country: Jamali

Prime Minister Mir Zafarullah Khan Jamali on Wednesday said that there is no political crisis in the country, adding that he is a democratically elected prime minister and would continue to serve the people.
Published 10 Jun, 2004 12:00am
PPL awards charter service contract to Royal Air

PPL awards charter service contract to Royal Air

Pakistan Petroleum Limited (PPL) has awarded a contract to Royal Airlines (Pvt) Ltd, a new private sector player in general aviation, for air charter service for Karachi-Sui-Karachi, Karachi-Kandhkot-Sui, Karachi-Gwadar-Karachi and various other routes.
Published 10 Jun, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 10 Jun, 2004 12:00am
Customs urged not to detain import cargoes on local producers' plea

Customs urged not to detain import cargoes on local producers' plea

Abdullah Zaki, chairman of import and anti-smuggling sub-committee of Karachi Chamber of Commerce and Industry (KCCI), has urged the customs officials not to detain imported consignments of yarn, cosmetics and other consumer products coming to Pakistan on
Published 10 Jun, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 10 Jun, 2004 12:00am
Duty-free cable raw material import urged

Duty-free cable raw material import urged

Pakistan Telephone Cable Manufacturers Association (PTCMA) has urged the federal minister for finance to withdraw duty on import of cable raw material in the budget.
Published 10 Jun, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 10 Jun, 2004 12:00am
Pak-India peace process to last if backed by trade: Burki

Pak-India peace process to last if backed by trade: Burki

Shahid Javed Burki, former finance minister and UNDP Executive, said peace process between India and Pakistan would last if it is backed by trade but initially it should be through a regional framework.
Published 10 Jun, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 10 Jun, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Romania keen to invest in automobile sector

Romania keen to invest in automobile sector

Romania has shown interest to invest in automobile sector, particularly in manufacturing tractors, Romanian Ambassador in Pakistan Emil Ghiluleseu said.
Published 10 Jun, 2004 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Arab envoys advised to promote trade with Pakistan

Arab envoys advised to promote trade with Pakistan

The visiting Secretary-General of the Islamic Chamber of Commerce and Industry, Dr Aqeel Al-Jassem commended to the Council of Arab Ambassadors in Pakistan greater commercial and investment relations with Pakistan.
Published 10 Jun, 2004 12:00am
FPCCI to send trade team to Iran

FPCCI to send trade team to Iran

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is planning to send a trade delegation to Iran.
Published 10 Jun, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Majid Nizami felicitated

Majid Nizami felicitated

A large number of newspaper editors in the country have sent messages of felicitations to Majid Nizami, the Editor in Chief of the Nawai Waqt, on having received the award as the best newspaper of Pakistan in the year 2004 from the Pakistan Advertising As
Published 10 Jun, 2004 12:00am
Government to consider idea for establishing carpet city in trade policy

Government to consider idea for establishing carpet city in trade policy

The government has assured carpet manufacturers and exporters that the idea of establishing Carpet City will be considered while formulating new Trade Policy, a spokesman of Pakistan Carpet Manufacturers & Exporters Association (PCMEA) said here on Wednes
Published 10 Jun, 2004 12:00am
CNG industry seeks continuity of tax exemptions

CNG industry seeks continuity of tax exemptions

The compressed natural gas (CNG) industry has sought continuity of exemption of taxes for potential investment in the country's fastest growing industry in the forthcoming Federal Budget 2004-05.
Published 10 Jun, 2004 12:00am
THE RUPEE: rates slip in open market

THE RUPEE: rates slip in open market

The rupee-dollar parity rates on Wednesday drifted lower in the open market, losing five paisa at Rs 58.25 and Rs 58.30 for buying and selling, respectively.
Published 10 Jun, 2004 12:00am
Three new underpasses to be constructed in Lahore

Three new underpasses to be constructed in Lahore

Three new underpasses would be constructed in the new fiscal year in order to ensure smooth flow of traffic in the provincial capital, while the Lahore Ring road project would be initiated in July.
Published 10 Jun, 2004 12:00am
Message from President Zarai Taraqiati Bank Limited

Message from President Zarai Taraqiati Bank Limited

Restructured ZTBL has been focusing on introducing farmer - friendly initiatives to facilitate agricultural uplift in this country. The products and services of ZTBL have been specifically designed to meet the multiple problems of the farmers at all level
Published 10 Jun, 2004 12:00am
Role of private educational institutions praised

Role of private educational institutions praised

Speaker Azad Jammu and Kashmir Legislative Assembly Sardar Khalid has appreciated the role of private sector educational institutions for the imparting of quality education to new generation and urged the public sector educators to take effective measures
Published 10 Jun, 2004 12:00am
Strategy for agriculture sector by on Looker

Strategy for agriculture sector by on Looker

To translate into projects designed to achieve self sufficiency, surpluses as raw material for industry and exports, for reduction in poverty and for creating employment opportunities.
Published 10 Jun, 2004 12:00am
MTM students convention on June 21

MTM students convention on June 21

Mutehida Talba Mahaz (MTM) will hold 'students convention' in Islamabad on June 21, in which representatives of students from over 56 public and private sector educational institutions would participate.
Published 10 Jun, 2004 12:00am
Judges appointment case hearing on June 10

Judges appointment case hearing on June 10

The Lahore High Court (LHC) will proceed with a petition filed against the appointment of five additional judges in the LHC on Thursday, June 10.
Published 10 Jun, 2004 12:00am
Inflows and outflows of rivers

Inflows and outflows of rivers

The inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6 am on Wednesday.
Published 10 Jun, 2004 12:00am
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