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Print - 2004-07-30
Nespak awarded BUITMS project

Nespak awarded BUITMS project

The defunct Bolan Textile Mills near Quetta is being converted into a modern campus for Balochistan University of Information Technology and Management Sciences (BUITMS).
Published 30 Jul, 2004 12:00am
Pakistan Steel capacity to be raised to over 3 million tons: Jatoi

Pakistan Steel capacity to be raised to over 3 million tons: Jatoi

Federal Minister for Industries and Production Liaquat Ali Jatoi said on Thursday that Pakistan Steel's production capacity will be increased beyond 3 million tons per annum within next three years from the present 1.1 million tones.
Published 30 Jul, 2004 12:00am
Acting US CG assures Pakistani businessmen of support

Acting US CG assures Pakistani businessmen of support

The Acting Consul General of United States, Ms Kay L. Anske, while visiting the Site Association of Trade & Industry on Thursday had assured Pakistani business community of full co-operation and support to meet the challenges of WTO regime.
Published 30 Jul, 2004 12:00am
AIOU Admissions from August 2

AIOU Admissions from August 2

The Allama Iqbal Open University (AIOU) will start admissions for the semester 'Autumn 2004' from August 2.
Published 30 Jul, 2004 12:00am
Textile exporters resent rebate reduction

Textile exporters resent rebate reduction

One after another all steps taken by the Central Board of Revenue (CBR) to slash the duty drawback is producing harsh reaction from the exporters demanding its withdrawal.
Published 30 Jul, 2004 12:00am
US embassy appoints new courier service for visa handling

US embassy appoints new courier service for visa handling

The US consular services announced here on Saturday that from Monday next week, the American Express and Standard Charter Bank will be its couriers for the visa applications and interview appointment dates.
Published 30 Jul, 2004 12:00am
Fire breaks out in Lakson Square

Fire breaks out in Lakson Square

Fire broke out in 11-storeyed Lakson Square Building No 1, situated at Sarwar Shaheed Road on Thursday morning.
Published 30 Jul, 2004 12:00am
First Equity Modaraba declares 42.50 percent dividend

First Equity Modaraba declares 42.50 percent dividend

The First Equity Modaraba (FEM), one of the leading Modarabas in Pakistan and a member of the Modaraba Association of Pakistan based on the results as on June 30, 2004, has declared cash dividend of 42.50 percent as compared to 22.50 percent last year.
Published 30 Jul, 2004 12:00am
First Equity Modaraba declares 42.50 percent dividend

First Equity Modaraba declares 42.50 percent dividend

The First Equity Modaraba (FEM), one of the leading Modarabas in Pakistan and a member of the Modaraba Association of Pakistan based on the results as on June 30, 2004, has declared cash dividend of 42.50 percent as compared to 22.50 percent last year.
Published 30 Jul, 2004 12:00am
SECP presents report on outsourcing to Iosco panel

SECP presents report on outsourcing to Iosco panel

Chairman of Securities and Exchange Commission of Pakistan (SECP) Dr Tariq Hassan has presented a report to the Standing Committee-3 (SC-3) of the International Organisation of Securities Commissions (Iosco) on the draft principles of outsourcing of finan
Published 30 Jul, 2004 12:00am
'Country witnessing rise in poverty'

'Country witnessing rise in poverty'

The country was witnessing unprecedented increase in poverty, price hike and unemployment, making the life of common man miserable.
Published 30 Jul, 2004 12:00am
PHDEB hires consultant

PHDEB hires consultant

Pakistan Horticulture Development & Export Board (PHDEB) has hired the services of a consultant from Holland, to develop the flora culture industry in the country, in accordance with the international standards.
Published 30 Jul, 2004 12:00am
Architectural structure to be restored

Architectural structure to be restored

Architectural structure of the historical gates that still exist in some shape in the walled city would be restored and rehabilitated.
Published 30 Jul, 2004 12:00am
MMA condemns killing of Pakistani hostages

MMA condemns killing of Pakistani hostages

Muttahida Majlis-i-Amal (MMA) Faisalabad chapter has expressed grave concern over the brutal killing of two Pakistanis in Iraq and strongly demanded of the government to announce a clear-cut policy that Pakistan would not send troops to Iraq for the prote
Published 30 Jul, 2004 12:00am
Water line bursts at Dhabeji

Water line bursts at Dhabeji

A 72-inches diameter concrete pipeline burst on Thursday morning in Dhabeji Pumping Station due to repeated power breakdown, resulting discontinuation of 70 million gallon water to Karachi.
Published 30 Jul, 2004 12:00am
One hurt in explosion

One hurt in explosion

One person was seriously injured in an explosion here at a house in Sector 1-8/3 on Thursday night, police said.
Published 30 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
IHFL ratings maintained at BBB+

IHFL ratings maintained at BBB+

The JCR-VIS Credit Company has maintained the medium- to long-term entity ratings of International Housing Finance Ltd (IHFL) at 'BBB+' (triple B plus), and the short term rating at 'A3' (A three). Outlook on the medium to long-term rating has been revise
Published 30 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
IHFL ratings maintained at BBB+

IHFL ratings maintained at BBB+

The JCR-VIS Credit Company has maintained the medium- to long-term entity ratings of International Housing Finance Ltd (IHFL) at 'BBB+' (triple B plus), and the short term rating at 'A3' (A three). Outlook on the medium to long-term rating has been revise
Published 30 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
Supreme Court gets three new judges

Supreme Court gets three new judges

Three new judges, one from Peshawar and two from Lahore High Courts, have been elevated to fill in three of the four vacant positions in the Supreme Court.
Published 30 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
Military's involvement in politics criticised

Military's involvement in politics criticised

Parliamentarians from different opposition parties on Thursday warned against dangerous repercussions of military's involvement in politics, saying, "it could lead the country towards a disaster".
Published 30 Jul, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubilee Life Insurance Mutual Fund Rates on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Iraqi militants spared a Pakistani hostage last week but killed the other two this Wednesday casting a pall of gloom all over the country.
Published 30 Jul, 2004 12:00am
British envoy meets Faisal

British envoy meets Faisal

British High Commissioner Mark Lyall Grant called on Interior and Narcotics Control Minister Syed Faisal Saleh Hayat on Thursday and appreciated the role of Pakistan in fight against terrorism.
Published 30 Jul, 2004 12:00am
Kasuri shocked over murder of Pakistanis

Kasuri shocked over murder of Pakistanis

Minister for Foreign Affairs Khurshid Mehmud Kasuri expressed shock and grief over the murder of two Pakistanis in Iraq here in National Assembly on Thursday.
Published 30 Jul, 2004 12:00am
Groups supporting extremists criticised

Groups supporting extremists criticised

A ruling party lawmaker alleged on Thursday that certain elements in political groups, bureaucracy and even military have soft corner for extremist elements.
Published 30 Jul, 2004 12:00am
PSO sets new dividend record

PSO sets new dividend record

Pakistan State Oil (PSO) total dividend in the year ended June 30, 2004 exceed previous year''s pay out following a significant increase in the sales and profits for the period.
Published 30 Jul, 2004 12:00am
PSO sets new dividend record

PSO sets new dividend record

Pakistan State Oil (PSO) total dividend in the year ended June 30, 2004 exceed previous year's pay out following a significant increase in the sales and profits for the period.
Published 30 Jul, 2004 12:00am
PSO sets new dividend record

PSO sets new dividend record

Pakistan State Oil (PSO) total dividend in the year ended June 30, 2004 exceed previous year's pay out following a significant increase in the sales and profits for the period.
Published 30 Jul, 2004 12:00am
NHA stance stirs controversy over Bhasha dam project

NHA stance stirs controversy over Bhasha dam project

National Highway Authority (NHA) has informed that it would not renovate or redesign the portion of Karakoram Highway (KKH) that will be affected by the construction of Bhasha dam as the government is planning to shortly launch the detailed design of the
Published 30 Jul, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
NHA stance stirs controversy over Bhasha dam project

NHA stance stirs controversy over Bhasha dam project

National Highway Authority (NHA) has informed that it would not renovate or redesign the portion of Karakoram Highway (KKH) that will be affected by the construction of Bhasha dam as the government is planning to shortly launch the detailed design of the
Published 30 Jul, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
Sindh home department warning

Sindh home department warning

The provincial Home Department has cautioned people to remain careful on Friday for fear of terrorist attacks on places of worships.
Published 30 Jul, 2004 12:00am
Sindh home department warning

Sindh home department warning

The provincial Home Department has cautioned people to remain careful on Friday for fear of terrorist attacks on places of worships.
Published 30 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 Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
Three coalition troops killed in Iraq

Three coalition troops killed in Iraq

One US soldier died of his wounds after his patrol was attacked on Thursday with small arms fire near the town of Hawija in northern Iraq, the military said.
Published 30 Jul, 2004 12:00am
Three coalition troops killed in Iraq

Three coalition troops killed in Iraq

One US soldier died of his wounds after his patrol was attacked on Thursday with small arms fire near the town of Hawija in northern Iraq, the military said.
Published 30 Jul, 2004 12:00am
OGDCL''s Chanda field starts production

OGDCL''s Chanda field starts production

Oil and Gas Development Company Ltd (OGDCL) has started production from its new field and would likely to produce 10 million cubic feet of gas per day and 2,000 barrels of oil per day.
Published 30 Jul, 2004 12:00am
OGDCL's Chanda field starts production

OGDCL's Chanda field starts production

Oil and Gas Development Company Ltd (OGDCL) has started production from its new field and would likely to produce 10 million cubic feet of gas per day and 2,000 barrels of oil per day.
Published 30 Jul, 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 Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
OGDCL's Chanda field starts production

OGDCL's Chanda field starts production

Oil and Gas Development Company Ltd (OGDCL) has started production from its new field and would likely to produce 10 million cubic feet of gas per day and 2,000 barrels of oil per day.
Published 30 Jul, 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 Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
EU must tackle ageing problem or face crisis

EU must tackle ageing problem or face crisis

European Union countries could face a massive budgetary and welfare crisis within 50 years unless they tackle the problems of an ageing population, the continent's banks warned on Thursday.
Published 30 Jul, 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 Thursday (July 29, 2004).
Published 30 Jul, 2004 12:00am
Seven killed in IOK violence

Seven killed in IOK violence

Suspected freedom fighters decapitated a woman in Indian occupied Kashmir and left her head hanging in a tree, police said on Thursday, adding that six other people were killed in the restive state.
Published 30 Jul, 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 30 Jul, 2004 12:00am
HBFC provides special facility to customers

HBFC provides special facility to customers

The House Building Finance Corporation (HBFC) has provided special facility to the customers, who want to liquidate the HBFC liability before maturity of repayment period.
Published 30 Jul, 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 30 Jul, 2004 12:00am