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Print - 2004-07-01
Rs 702.074 million Rawalpindi TMA budget approved

Rs 702.074 million Rawalpindi TMA budget approved

The Rawalpindi Tehsil Council passed Rs 702.074 million surplus budget 2004-05 in which Rs 84.980 million is being earmarked for the annual development programme.
Published 01 Jul, 2004 12:00am
Rs 702.074 million Rawalpindi TMA budget approved

Rs 702.074 million Rawalpindi TMA budget approved

The Rawalpindi Tehsil Council passed Rs 702.074 million surplus budget 2004-05 in which Rs 84.980 million is being earmarked for the annual development programme.
Published 01 Jul, 2004 12:00am
Shujaat felicitated

Shujaat felicitated

Chaudhry Shujaat Hussein's friends and admirers in Karachi felicitated him on assuming the office of Prime Minister.
Published 01 Jul, 2004 12:00am
CBR chief felicitated

CBR chief felicitated

The Karachi Customs Agents Group (KCAG) has felicitated Central Board of Revenue (CBR) Chairman Abdullah Yousuf for achieving the revenue target for 2003-04.
Published 01 Jul, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 01 Jul, 2004 12:00am
Sindh agri department efforts to dispose of outdated pesticides fail

Sindh agri department efforts to dispose of outdated pesticides fail

Sindh Agriculture Ministry efforts have virtually come to naught to dispose of the outdated pesticides, turned into toxic waste which had been stored in the department's godowns for the last 25 years following transfer of pesticide marketing from public s
Published 01 Jul, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 01 Jul, 2004 12:00am
FAP says growers suffering from ban on wheat movement

FAP says growers suffering from ban on wheat movement

The Farmers Associates Pakistan (FAP) has said that ban imposed on movement of wheat by the Punjab government has deprived wheat growers of the province to the tune of Rs 80 billion on account of difference between support and market prices of the commodi
Published 01 Jul, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Wheat procurement policy turns into a fiasco

Wheat procurement policy turns into a fiasco

The faulty wheat procurement policy has failed to deliver as the provincial food departments and Pakistan Agriculture Storage and Supply Corporation (Passco) fell much short of target, it is learnt here.
Published 01 Jul, 2004 12:00am
Sindh governor greets Shujaat

Sindh governor greets Shujaat

Sindh Governor Dr Ishratul Ibad on Wednesday felicitated newly elected Prime Minister Chaudhry Shujaat Hussain and his cabinet and wished them success.
Published 01 Jul, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 01 Jul, 2004 12:00am
Shaukat to help normalise Indo-Pak ties: MCCI

Shaukat to help normalise Indo-Pak ties: MCCI

The nomination of Shaukat Aziz as Pakistan Prime Minster will help normalise relations between India and Pakistan because the newly elected Prime Minister of India is also from the finance sector and both understand each other's economic issues.
Published 01 Jul, 2004 12:00am
ARD and MMA may field consensus candidate

ARD and MMA may field consensus candidate

The Alliance for Restoration of Democracy (ARD), Muttahida Majlis-i-Amal (MMA) and other opposition groups have hinted at fielding joint candidate against prime minister-in waiting Shaukat Aziz in election for National Assembly seat.
Published 01 Jul, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The political restructuring set in motion by the President Pervez Musharraf some weeks back completed full circle on Wednesday evening when 189 members of the National Assembly gave Chaudhry Shujaat Hussain their vote of confidence as the 21st prime minis
Published 01 Jul, 2004 12:00am
Attempt to sell tax-free diesel foiled

Attempt to sell tax-free diesel foiled

The Quetta Customs collectorate, Sales Tax and Central Excise, foiled an attempt to sell thousands of liters of Pakistan State Oil (PSO) diesel, exempted from sales tax, in the market.
Published 01 Jul, 2004 12:00am
New jurisdictions of customs collectors announced

New jurisdictions of customs collectors announced

To facilitate importers and exporters, the Central Board of Revenue (CBR) has announced new jurisdictions of collectors of customs working under collectorates of appraisement, preventive, exports and model collectorate of customs, Karachi.
Published 01 Jul, 2004 12:00am
New jurisdictions of customs collectors announced

New jurisdictions of customs collectors announced

To facilitate importers and exporters, the Central Board of Revenue (CBR) has announced new jurisdictions of collectors of customs working under collectorates of appraisement, preventive, exports and model collectorate of customs, Karachi.
Published 01 Jul, 2004 12:00am
Senate summoned on July 3

Senate summoned on July 3

President General Pervez Musharraf has summoned the Senate to meet in the Parliament House on Saturday, July 3 at 10 am, it was officially announced here on Wednesday.
Published 01 Jul, 2004 12:00am
Plea to withdraw stamp duty on exchange bills

Plea to withdraw stamp duty on exchange bills

The Karachi Chamber of Commerce and Industry (KCCI) has urged the Sindh government to withdraw stamp duty on bills of exchange as it is hurting the exports.
Published 01 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Supreme Court directs LHC Bench to dispose of Zardari case in 3 weeks

Supreme Court directs LHC Bench to dispose of Zardari case in 3 weeks

The Supreme Court on Wednesday set a three-week deadline for the Accountability Bench of the Lahore High Court to dispose of a corruption reference against former Senator Asif Ali Zardari and ruled that the apex court will itself adjudicate the case on th
Published 01 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Smooth political change augurs well for country, says Musharraf

Smooth political change augurs well for country, says Musharraf

President General Pervez Musharraf on Wednesday said smooth political change augurs well for the country and stated that the country has to attain higher standards in both good governance and politics for its sustained economic progress.
Published 01 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
PIA's 50th anniversary celebrated

PIA's 50th anniversary celebrated

The 50th Anniversary of Pakistan International Airlines (PIA) was celebrated at the Intercontinental Hotel in Jeddah.
Published 01 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
MMA panel to review Islamisation process

MMA panel to review Islamisation process

The Muttahida Majlis-i-Amal (MMA) on Wednesday constituted a committee to investigate matters relating to the Islamisation process in the country, as the alliance reviewed its 17-point election manifesto for the first time after the general elections.
Published 01 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Khokhar arrives in Jakarta

Khokhar arrives in Jakarta

Foreign Secretary, Riaz H. Khokhar arrived here on Wednesday as special envoy to represent Pakistan at the Asean Regional Forum (ARF) and to sign the Treaty of Amity and Co-operation on Friday.
Published 01 Jul, 2004 12:00am
Ban on entry of PM in NWFP: Faisal criticises Fazl's statement

Ban on entry of PM in NWFP: Faisal criticises Fazl's statement

The National Assembly on Wednesday witnessed rowdy scenes when Interior Minister Faisal Saleh Hayat lambasted Leader of the Opposition Maulana Fazlur Rehman remarks allegedly threatening to ban entry of the Prime Minister into NWFP, where MMA is in power.
Published 01 Jul, 2004 12:00am
MMA accused of breach of trust

MMA accused of breach of trust

Federal Information Minister Rashid Ahmed came down heavily on the Muttahida Majlis-i-Amal charging it with reversal of its commitments to the ruling coalition and thus betraying its trust.
Published 01 Jul, 2004 12:00am
Musharraf fetes Jamali

Musharraf fetes Jamali

President General Pervez Musharraf hosted a dinner in honour of former prime minister Mir Zafarullah Khan Jamali here at the Aiwan-e-Sadr on Wednesday.
Published 01 Jul, 2004 12:00am
Temporary importation scheme extended upto December 31

Temporary importation scheme extended upto December 31

The government has extended ''Temporary Importation Scheme'' (SRO 410(I)/2001) up to December 31, 2004, to facilitate 13 leading value-added industries engaged in temporary import of raw materials/inputs for manufacture of export goods.
Published 01 Jul, 2004 12:00am
Temporary importation scheme extended upto December 31

Temporary importation scheme extended upto December 31

The government has extended 'Temporary Importation Scheme' (SRO 410(I)/2001) up to December 31, 2004, to facilitate 13 leading value-added industries engaged in temporary import of raw materials/inputs for manufacture of export goods.
Published 01 Jul, 2004 12:00am
Temporary importation scheme extended upto December 31

Temporary importation scheme extended upto December 31

The government has extended 'Temporary Importation Scheme' (SRO 410(I)/2001) up to December 31, 2004, to facilitate 13 leading value-added industries engaged in temporary import of raw materials/inputs for manufacture of export goods.
Published 01 Jul, 2004 12:00am
SBP picks up Rs 22.8 billion in open market operation

SBP picks up Rs 22.8 billion in open market operation

The State Bank on Wednesday conducted second Open Market Operation (OMO) within three days, picking up another big chunk of liquidity to meet the requirement of National Domestic Assets (NDA).
Published 01 Jul, 2004 12:00am
SBP picks up Rs 22.8 billion in open market operation

SBP picks up Rs 22.8 billion in open market operation

The State Bank on Wednesday conducted second Open Market Operation (OMO) within three days, picking up another big chunk of liquidity to meet the requirement of National Domestic Assets (NDA).
Published 01 Jul, 2004 12:00am
40,000 small traders exempted from sales tax audit

40,000 small traders exempted from sales tax audit

Giving immunity from audit to over 40,000 small and medium entrepreneurs, the Central Board of Revenue (CBR) has de-registered all retailers and manufacturers due to raise in the exemption threshold from July 1, 2004.
Published 01 Jul, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
40,000 small traders exempted from sales tax audit

40,000 small traders exempted from sales tax audit

Giving immunity from audit to over 40,000 small and medium entrepreneurs, the Central Board of Revenue (CBR) has de-registered all retailers and manufacturers due to raise in the exemption threshold from July 1, 2004.
Published 01 Jul, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
PSF price raised by Re 1 per kg

PSF price raised by Re 1 per kg

The local manufacturers of polyester staple fiber (PSF) have raised the price of fiber by one rupee only, raising the price to Rs 78 per kilogram, effective from Thursday (July 1).
Published 01 Jul, 2004 12:00am
PSF price raised by Re 1 per kg

PSF price raised by Re 1 per kg

The local manufacturers of polyester staple fiber (PSF) have raised the price of fiber by one rupee only, raising the price to Rs 78 per kilogram, effective from Thursday (July 1).
Published 01 Jul, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
Qayyum warns against change in AJK set-up

Qayyum warns against change in AJK set-up

The Muslim Conference (MC) supreme council meeting warned here on Wednesday against any change in the political set-up of Azad Jammu & Kashmir (AJK).
Published 01 Jul, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (June 30, 2004).
Published 01 Jul, 2004 12:00am
SBP issues Primary Dealers list for 2004-05

SBP issues Primary Dealers list for 2004-05

State Bank on Wednesday released the list of Primary Dealers for the next fiscal year which includes Muslim Commercial Bank as new member.
Published 01 Jul, 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 (June 30, 2004).
Published 01 Jul, 2004 12:00am
Border fencing nearly completed, no troop reduction: India

Border fencing nearly completed, no troop reduction: India

Fencing along the 742-kilometre (465-mile) border between India and Pakistan in occupied Kashmir is almost complete but India's troop strength in the Himalayan state will not be reduced, India's defence minister said on Wednesday.
Published 01 Jul, 2004 12:00am