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Print - 2004-08-06
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.
Published 06 Aug, 2004 12:00am
Speakers resent execution of Lyari Expressway project

Speakers resent execution of Lyari Expressway project

The Lyari Expressway project is being carried out in gross violation of people's fundamental and constitutional rights. National Highway Authority (NHA) has nothing to do with the welfare of public and is working only to appease the army.
Published 06 Aug, 2004 12:00am
SECP penalises two firms for rules violation

SECP penalises two firms for rules violation

The Securities and Exchange Commission of Pakistan (SECP) has imposed penalties on two companies for failure to prepare and circulate quarterly accounts within prescribed time.
Published 06 Aug, 2004 12:00am
Musharraf to be briefed on aid to Kabul, domestic projects

Musharraf to be briefed on aid to Kabul, domestic projects

President Pervez Musharraf has directed the Planning Commission and other relevant authorities to speed up the process of providing assistance to Afghanistan for reconstruction and that he should be given a detailed briefing on August 10 on the issue.
Published 06 Aug, 2004 12:00am
NDLC-IFIC Bank assigned A-, A2 ratings

NDLC-IFIC Bank assigned A-, A2 ratings

The Pakistan Credit Rating Agency (Pacra) has assigned a long-term rating of 'A-' (Single A minus) and a short-term rating of 'A2' (A two) to the NDLC-IFIC Bank Limited. The ratings are applicable to the senior unsecured creditors (depositors) of the bank
Published 06 Aug, 2004 12:00am
Pak Oman board approves half-yearly results

Pak Oman board approves half-yearly results

The Board of Pak Oman Investment Company on Thursday approved the financial statements for the half year ended June 30, 2004, registering a profit before tax of Rs 193 million ($3.3 million).
Published 06 Aug, 2004 12:00am
Pak Oman board approves half-yearly results

Pak Oman board approves half-yearly results

The Board of Pak Oman Investment Company on Thursday approved the financial statements for the half year ended June 30, 2004, registering a profit before tax of Rs 193 million ($3.3 million).
Published 06 Aug, 2004 12:00am
Voluntary tax payment: Senate body lauds role of LTU

Voluntary tax payment: Senate body lauds role of LTU

The Senate Standing Committee has lauded the role of the Large Taxpayer Unit (LTU) for inculcating a habit of voluntary tax payment among the taxpayers and stressed the need for extending the system to other tax departments.
Published 06 Aug, 2004 12:00am
Paknet to launch DSL service in 15 cities

Paknet to launch DSL service in 15 cities

Paknet, an Internet Service Provider (ISP), is all set to launch Digital Subscribes Line (DSL) service in 15 different cities in next couple of months.
Published 06 Aug, 2004 12:00am
Duty slabs for proposed Pak-Iran border market worked out

Duty slabs for proposed Pak-Iran border market worked out

The Central Board of Revenue (CBR) has worked out a concessional duties and taxes structure on the selling of goods at the proposed Pak-Iran common border market (CBM) for controlling cross-border smuggling between Pakistan and Iran.
Published 06 Aug, 2004 12:00am
Russia vows to help end discrimination against Pakistani exports

Russia vows to help end discrimination against Pakistani exports

Russian Consul General Vladimir P. Mikhaylov has assured Pakistani exporters that he will take up the issue of discriminatory treatment with them against their competitors from India, Bangladesh, Turkey and East European countries with the concerned autho
Published 06 Aug, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 06 Aug, 2004 12:00am
Malaysian traders to visit Pakistan next month

Malaysian traders to visit Pakistan next month

A delegation of Malaysian businessmen, headed by Dato Seri Abdul Rahman Maidin, President Malay Chamber of Commerce (MCC) and Vice-President of Islamic Chamber of Commerce and Industry (ICCI), Asean zone, from September 17 to 22.
Published 06 Aug, 2004 12:00am
Government urged to review unproductive welfare plans

Government urged to review unproductive welfare plans

Secretary General Karachi Division Pakistan Peoples Party Habibuddin Junaidi has called upon the government to review its welfare plans, which have failed to provide relief to the people who continue to suffer from hunger, unemployment and lack of shelter
Published 06 Aug, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 06 Aug, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 06 Aug, 2004 12:00am
Paramedics observe strike against police excesses

Paramedics observe strike against police excesses

Medical and paramedical staff of Bahawal Victoria Hospital Bahawalpur on Thursday observed strike as a protest against the police atrocities and torturing a 60-year old citizen and manhandling two doctors Dr Omar Farooq and Dr Rao Javed Ahmed.
Published 06 Aug, 2004 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).
Published 06 Aug, 2004 12:00am
22 loader-rickshaws given to donkey-cart owners

22 loader-rickshaws given to donkey-cart owners

Punjab Governor Lieutenant General Khalid Maqbool (Retd) handed over the keys of 22 loader-rickshaws to their owners/allottees at a simple ceremony held here on Wednesday.
Published 06 Aug, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Environmental Journalists Forum constituted

Environmental Journalists Forum constituted

The Azad Jammu and Kashmir (AJK) newsmen have formed Environmental Journalists Forum (EJF) for preservation of natural resources and environment.
Published 06 Aug, 2004 12:00am
Recommendations for FGC site submitted

Recommendations for FGC site submitted

Recommendations to select site for the proposed Faisalabad Garment City (FGC) have been submitted while process has also been initiated for the establishment of FGC company and appointment of its chief executive officer (CEO).
Published 06 Aug, 2004 12:00am
Cement: KOHAT CEMENT COMPANY LIMITED - Nine Months Ended March 31 2004

Cement: KOHAT CEMENT COMPANY LIMITED - Nine Months Ended March 31 2004

The company was incorporated in NWFP as a public limited company under the companies act 1913 (now companies ordinance 1984) and is listed on all stock exchanges of Pakistan. The company is engaged in the production and sale of grey cement. Its manufactur
Published 06 Aug, 2004 12:00am
POF to be further modernised: Rao

POF to be further modernised: Rao

Chairman Pakistan Ordnance Factories (POF) Wah Major General Mohammad Javed called on Federal Minister for Defence Rao Sikandar Iqbal here on Thursday.
Published 06 Aug, 2004 12:00am
Cement: KOHAT CEMENT COMPANY LIMITED - Nine Months Ended March 31 2004

Cement: KOHAT CEMENT COMPANY LIMITED - Nine Months Ended March 31 2004

The company was incorporated in NWFP as a public limited company under the companies act 1913 (now companies ordinance 1984) and is listed on all stock exchanges of Pakistan. The company is engaged in the production and sale of grey cement. Its manufactur
Published 06 Aug, 2004 12:00am
Zafar made Hamdard University Chancellor

Zafar made Hamdard University Chancellor

Prominent lawyer and Chairman Human Rights Society of Pakistan, Senator S.M. Zafar has been appointed as Chancellor of Hamdard University.
Published 06 Aug, 2004 12:00am
THE RUPEE: firm trend versus dollar in interbank

THE RUPEE: firm trend versus dollar in interbank

The rupee on Thursday managed to hold its overnight levels versus the dollar in the interbank market following the State Bank's warning of strict action against speculative buying, dealers said.
Published 06 Aug, 2004 12:00am
THE RUPEE: firm trend versus dollar in interbank

THE RUPEE: firm trend versus dollar in interbank

The rupee on Thursday managed to hold its overnight levels versus the dollar in the interbank market following the State Bank's warning of strict action against speculative buying, dealers said.
Published 06 Aug, 2004 12:00am
National Assembly panel suggests steps to curb terrorism bids

National Assembly panel suggests steps to curb terrorism bids

The National Assembly standing committee on interior has recommended a number of measures, including the increase in the strength of Islamabad police force to minimise chances of terrorism bids in the capital as well as to combat this menace effectively i
Published 06 Aug, 2004 12:00am
Benazir concerned over drying up of lakes

Benazir concerned over drying up of lakes

Former Prime Minister and Chairperson Pakistan Peoples Party (PPP), Benazir Bhutto has expressed deep concern over the artificial water shortage in Larkana and in Sindh, and criticised the government's apathy towards the problem.
Published 06 Aug, 2004 12:00am
Tableeghi centres told to inform police about foreigners

Tableeghi centres told to inform police about foreigners

Ministry of Interior has asked the Tableeghi centres in Rai-Wind, Lahore, Karachi, Multan, Quetta, Peshawar, Sukkur, Hyderabad, and Faisalabad to inform the local police about the schedule of foreign teams in preaching the message of Islam in different pa
Published 06 Aug, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Famine-like situation may prevail in Sindh

Famine-like situation may prevail in Sindh

A famine-like situation is likely to prevail in Sindh this year due to 50 percent fall in the cultivation of all crops in the Kharif season, according to rough estimates prepared by the Sindh Chamber of Agriculture (SCA).
Published 06 Aug, 2004 12:00am
Sindh chief minister reviews rain relief measures

Sindh chief minister reviews rain relief measures

Sindh Chief Minister Dr Arbab Ghulam Rahim on Thursday directed to declare emergency in wake of prediction of heavy rains from August 8 in lower Sindh, especially in coastal areas.
Published 06 Aug, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
MCCI polls on September 14

MCCI polls on September 14

The Executive Committee of the Multan Chamber of Commerce and Industry (MCCI) has approved the schedule for annual election 2004-05 for eight seats.
Published 06 Aug, 2004 12:00am
Adiala Road expansion urged

Adiala Road expansion urged

Welcoming the statement by Punjab Law Minister Raja Mohammad Basharat that Punjab chief minister will announce another package for Rawalpindi on August 7, the residents of Adiala Road have appealed to the chief minister for including roads expansion.
Published 06 Aug, 2004 12:00am
US visitors reminded of check out rules

US visitors reminded of check out rules

Intending visitors to the United States have been reminded about the observance of recently introduced "bio-metric exit procedures", saying it was a must for all foreign visitors to check out at an automated exit kiosk or with an attendant at the departur
Published 06 Aug, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (August 05) and rates for Friday (August 06, 2004).
Published 06 Aug, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 05, 2004).
Published 06 Aug, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (August 05, 2004)
Published 06 Aug, 2004 12:00am
Pak-Uganda joint business council by year-end

Pak-Uganda joint business council by year-end

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the National Chamber of Uganda have agreed to set up joint business council by the end of current year.
Published 06 Aug, 2004 12:00am
Key stock market movements at 1700 GMT on August 05

Key stock market movements at 1700 GMT on August 05

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 06 Aug, 2004 12:00am
Independence Day illumination award

Independence Day illumination award

Information Minister Shaikh Rashid Ahmad on Thursday announced cash awards worth Rs200,000 for the best illumination on the Independence Day.
Published 06 Aug, 2004 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.
Published 06 Aug, 2004 12:00am
Prime Minister's goodwill gestures

Prime Minister's goodwill gestures

Prime Minister Chaudhry Shujaat Hussain has directed the Punjab government to declare village Gah in District Chakwal - birth place of Indian Prime Minister Manmohan Singh - as a model village as a gesture of goodwill to strengthen the ongoing peace proce
Published 06 Aug, 2004 12:00am
General Motors bonds widen on ratings downgrade fear

General Motors bonds widen on ratings downgrade fear

Rumours that a credit ratings downgrade may be on the way for US car maker General Motors pushed its bond spreads wider in the European corporate bond market on Thursday, while elsewhere credit traded mixed in thin volumes.
Published 06 Aug, 2004 12:00am
Seoul shares higher

Seoul shares higher

Seoul shares closed nearly 2 percent higher on Thursday as foreign and institutional investors snapped up hard-hit technology issues after a dip in oil prices eased concerns about a fragile economic recovery.
Published 06 Aug, 2004 12:00am
General Motors bonds widen on ratings downgrade fear

General Motors bonds widen on ratings downgrade fear

Rumours that a credit ratings downgrade may be on the way for US car maker General Motors pushed its bond spreads wider in the European corporate bond market on Thursday, while elsewhere credit traded mixed in thin volumes.
Published 06 Aug, 2004 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks jumped 2 percent on Thursday as bargain hunters actively entered the market when the index hit a 1-year intraday low, looking for cheap valuations in major technology issues and helping to lift overall sentiment.
Published 06 Aug, 2004 12:00am