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Print - 2004-09-14
Three blasts rock Gwadar city

Three blasts rock Gwadar city

Three big explosions rocked the port city Gwadar on Sunday night where a Deepwater Port had been upcoming speedily. According to details, the first explosion took place at Fish Harbour Colony around 1030 pm followed by second explosion near Post Office at
Published 14 Sep, 2004 12:00am
Six-nation Arab stock exchange planned

Six-nation Arab stock exchange planned

A six-nation Arab stock exchange is to be set up next year in Cairo, the director of Egypt's bourse, Mohamed Abdel Salam, said on Monday. "Trades on the Arab bourse should start early in 2005 although we have not yet got a precise opening date," he told A
Published 14 Sep, 2004 12:00am
Six-nation Arab stock exchange planned

Six-nation Arab stock exchange planned

A six-nation Arab stock exchange is to be set up next year in Cairo, the director of Egypt's bourse, Mohamed Abdel Salam, said on Monday. "Trades on the Arab bourse should start early in 2005 although we have not yet got a precise opening date," he told A
Published 14 Sep, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on September 13, 2004.
Published 14 Sep, 2004 12:00am
PFMA demands release of wheat stock

PFMA demands release of wheat stock

Pakistan Flour Mills Association (PFMA) has demanded of the government to start releasing wheat from the stocks of Punjab Food Department to flour mills so as to check increasing prices of wheat in the open market.
Published 14 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on September 13, 2004.
Published 14 Sep, 2004 12:00am
Two tribesmen killed in Wana

Two tribesmen killed in Wana

Pakistani troops and gunship helicopters fired on al Qaeda-linked militants in the western tribal region on Monday, a day after fierce fighting killed up to 10 people in the area, officials and residents said. Residents said the latest clashes, which also
Published 14 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on September 13, 2004.
Published 14 Sep, 2004 12:00am
Two tribesmen killed in Wana

Two tribesmen killed in Wana

Pakistani troops and gunship helicopters fired on al Qaeda-linked militants in the western tribal region on Monday, a day after fierce fighting killed up to 10 people in the area, officials and residents said. Residents said the latest clashes, which also
Published 14 Sep, 2004 12:00am
CPI registers over 9 percent rise

CPI registers over 9 percent rise

The year-on-year CPI (consumer price index) has stayed over 9 percent during the first two months of the current financial year, while SPI (sensitive price indicator) is well over 14 percent. According to monthly review of price indices for August 2004, r
Published 14 Sep, 2004 12:00am
CPI registers over 9 percent rise

CPI registers over 9 percent rise

The year-on-year CPI (consumer price index) has stayed over 9 percent during the first two months of the current financial year, while SPI (sensitive price indicator) is well over 14 percent. According to monthly review of price indices for August 2004, r
Published 14 Sep, 2004 12:00am
British Air reduces fare by 35 percent

British Air reduces fare by 35 percent

In a sudden move, the British Airways on Monday announced a steep reduction of over 35 percent in its Islamabad-London and return fare, lowering it from Rs 46,200 to Rs 29,999.
Published 14 Sep, 2004 12:00am
Pakistan consulate staff safe in Herat: foreign office

Pakistan consulate staff safe in Herat: foreign office

A Foreign Office spokesman reported that the staff of Pakistani consulate general in the Afghan city of Herat was safe but the mission has been temporarily re-located due to eruption of violence in the city on Sunday.
Published 14 Sep, 2004 12:00am
One Indo-Pak currency, removal of visa urged

One Indo-Pak currency, removal of visa urged

The governments of Pakistan and India should waive visa restriction for the people born before the partition on the other side of the border so that they can frequently visit their birth or ancestral places.
Published 14 Sep, 2004 12:00am
Anthem and WellPoint committed to merger

Anthem and WellPoint committed to merger

Anthem Inc and WellPoint Health Networks Inc remain committed to closing their stalled, $16.5 billion merger, the chief executives of both companies said on Monday.
Published 14 Sep, 2004 12:00am
Anthem and WellPoint committed to merger

Anthem and WellPoint committed to merger

Anthem Inc and WellPoint Health Networks Inc remain committed to closing their stalled, $16.5 billion merger, the chief executives of both companies said on Monday.
Published 14 Sep, 2004 12:00am
US judge casts doubt on EU evidence on Oracle

US judge casts doubt on EU evidence on Oracle

A US judge has cast doubt on European Commission evidence in the contested Oracle-PeopleSoft merger, undermining an argument Brussels may want to use if it decides to block it.
Published 14 Sep, 2004 12:00am
Malaysia will not balance budget in 2006

Malaysia will not balance budget in 2006

Malaysian Prime Minister Abdullah Ahmad Badawi said on Monday the government would not eliminate its chronic budget deficit by 2006, his predecessor's goal, and that aiming for such a target could hurt growth.
Published 14 Sep, 2004 12:00am
BP remains upbeat on Russian prospects

BP remains upbeat on Russian prospects

BP's flagship Russian oil venture, TNK-BP, is maintaining crude production growth targets for 2004 to 2007, the company said in an upbeat presentation on Monday.
Published 14 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
UN pulls staff from Herat after deadly riots

UN pulls staff from Herat after deadly riots

The United Nations and several non-governmental aid agencies withdrew staff from the troubled Afghan city of Herat on Monday after their offices were targeted in deadly rioting. More than 60 workers were relocated after demonstrators attacked aid offices
Published 14 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
UN pulls staff from Herat after deadly riots

UN pulls staff from Herat after deadly riots

The United Nations and several non-governmental aid agencies withdrew staff from the troubled Afghan city of Herat on Monday after their offices were targeted in deadly rioting. More than 60 workers were relocated after demonstrators attacked aid offices
Published 14 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
Pakistan and Iran to upgrade status of JEC

Pakistan and Iran to upgrade status of JEC

Iranian President Syed Muhammad Khatami on Monday said Iran wanted the lingering issue of Kashmir to be resolved in line with wishes of the Kashmiri people. He made these remarks during 50-minute meeting with Prime Minister Shaukat Aziz on the sidelines o
Published 14 Sep, 2004 12:00am
Pakistan and Iran to upgrade status of JEC

Pakistan and Iran to upgrade status of JEC

Iranian President Syed Muhammad Khatami on Monday said Iran wanted the lingering issue of Kashmir to be resolved in line with wishes of the Kashmiri people. He made these remarks during 50-minute meeting with Prime Minister Shaukat Aziz on the sidelines o
Published 14 Sep, 2004 12:00am
ISE index loses 132.55 points

ISE index loses 132.55 points

Bears remained in the front seat at the Islamabad Stock Exchange (ISE) where equities showed negative signs amid decrease in index. The ISE network index was minus by 132.55 points as the rate-based indicator moved from 11,412.57 to 11,280.02 points, whil
Published 14 Sep, 2004 12:00am
ISE index loses 132.55 points

ISE index loses 132.55 points

Bears remained in the front seat at the Islamabad Stock Exchange (ISE) where equities showed negative signs amid decrease in index. The ISE network index was minus by 132.55 points as the rate-based indicator moved from 11,412.57 to 11,280.02 points, whil
Published 14 Sep, 2004 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
Tax projections data, revenue-to-GDP ratio supplied to IMF

Tax projections data, revenue-to-GDP ratio supplied to IMF

The Central Board of Revenue (CBR) has transmitted mid-term 'tax projections' and 'revenue-to-GDP ratio' from fiscal 2004-05 to 2008-09 to the International Monetary Fund (IMF). Official sources told Business Recorder here on Monday that 'tax proje
Published 14 Sep, 2004 12:00am
Tax projections data, revenue-to-GDP ratio supplied to IMF

Tax projections data, revenue-to-GDP ratio supplied to IMF

The Central Board of Revenue (CBR) has transmitted mid-term 'tax projections' and 'revenue-to-GDP ratio' from fiscal 2004-05 to 2008-09 to the International Monetary Fund (IMF). Official sources told Business Recorder here on Monday that 'tax proje
Published 14 Sep, 2004 12:00am
Tax evasion by steel melters, re-rolling to be assessed

Tax evasion by steel melters, re-rolling to be assessed

The Central Board of Revenue (CBR) has launched a survey to determine the quantum of non-payment of sales by steel melters and re-rolling mills. The All Pakistan Steel Melters Association and All Pakistan Steel Re-rolling Mills Association have been intim
Published 14 Sep, 2004 12:00am
Tax evasion by steel melters, re-rolling to be assessed

Tax evasion by steel melters, re-rolling to be assessed

The Central Board of Revenue (CBR) has launched a survey to determine the quantum of non-payment of sales by steel melters and re-rolling mills. The All Pakistan Steel Melters Association and All Pakistan Steel Re-rolling Mills Association have been intim
Published 14 Sep, 2004 12:00am
LSE index sheds 49.27 points

LSE index sheds 49.27 points

Reacting to bad news from Wana and silence from the government on settlement of the issue of Capital Value Tax (CVT), share values underwent fresh losses on Lahore Stock Exchange (LSE) today (Monday), with the index moving down by 49.27 points, amid littl
Published 14 Sep, 2004 12:00am
LSE index sheds 49.27 points

LSE index sheds 49.27 points

Reacting to bad news from Wana and silence from the government on settlement of the issue of Capital Value Tax (CVT), share values underwent fresh losses on Lahore Stock Exchange (LSE) today (Monday), with the index moving down by 49.27 points, amid littl
Published 14 Sep, 2004 12:00am
Selling spree dampens investors' mood

Selling spree dampens investors' mood

Past week's selling spree continued at Karachi Stock Exchange on Monday and the index on first session of the new week saw substantial decline in share prices because of panic and confusion over margin financing and capital value tax. The KSE-100 index sh
Published 14 Sep, 2004 12:00am
Selling spree dampens investors' mood

Selling spree dampens investors' mood

Past week's selling spree continued at Karachi Stock Exchange on Monday and the index on first session of the new week saw substantial decline in share prices because of panic and confusion over margin financing and capital value tax. The KSE-100 index sh
Published 14 Sep, 2004 12:00am
Wapda may buy 25 percent more power from IPPs

Wapda may buy 25 percent more power from IPPs

Due to water shortage, Wapda may increase purchase of thermal power by 25 percent to ensure smooth power supply. Sources told Business Recorder here on Monday that Wapda's dependence on thermal power would increase, as the country may face hydropow
Published 14 Sep, 2004 12:00am
Wapda may buy 25 percent more power from IPPs

Wapda may buy 25 percent more power from IPPs

Due to water shortage, Wapda may increase purchase of thermal power by 25 percent to ensure smooth power supply. Sources told Business Recorder here on Monday that Wapda's dependence on thermal power would increase, as the country may face hydropow
Published 14 Sep, 2004 12:00am
Pakistan and Tajikistan agree to enhance trade ties

Pakistan and Tajikistan agree to enhance trade ties

Pakistan and Tajikistan on Monday reaffirmed mutual desire to further enhance trade and economic relationship as Prime Minister Shaukat Aziz held cordial and constructive meetings with Tajik leaders on a broad range of subjects. Shaukat Aziz told newsmen
Published 14 Sep, 2004 12:00am
Pakistan and Tajikistan agree to enhance trade ties

Pakistan and Tajikistan agree to enhance trade ties

Pakistan and Tajikistan on Monday reaffirmed mutual desire to further enhance trade and economic relationship as Prime Minister Shaukat Aziz held cordial and constructive meetings with Tajik leaders on a broad range of subjects. Shaukat Aziz told newsmen
Published 14 Sep, 2004 12:00am
Rupee lending rates continue to surge

Rupee lending rates continue to surge

In the interbank market, tighter condition is likely to prevail as the market may face liquidity crunch due to larger outflow of funds. Pakistan Telecommunications Authority (PTA) has paid Rs 17 billion into the government account to settle its payment. A
Published 14 Sep, 2004 12:00am
Rupee lending rates continue to surge

Rupee lending rates continue to surge

In the interbank market, tighter condition is likely to prevail as the market may face liquidity crunch due to larger outflow of funds. Pakistan Telecommunications Authority (PTA) has paid Rs 17 billion into the government account to settle its payment. A
Published 14 Sep, 2004 12:00am
Larson appreciates economic improvement

Larson appreciates economic improvement

US Under-secretary of State for Trade and Investment, Alan Larson said on Monday that with the economic reforms in place and macro-economic indicators showing positive trends and growth, Pakistan has a conducive environment for foreign investors.
Published 14 Sep, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
15 killed in US strike on Fallujah

15 killed in US strike on Fallujah

Fifteen people died when US jets spearheaded yet another assault on alleged al Qaeda fighters in Fallujah on Monday while Iraq's premier warned that key elections may be delayed in areas of unrest. Amid the country's relentless hostage crisis and desperat
Published 14 Sep, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am
15 killed in US strike on Fallujah

15 killed in US strike on Fallujah

Fifteen people died when US jets spearheaded yet another assault on alleged al Qaeda fighters in Fallujah on Monday while Iraq's premier warned that key elections may be delayed in areas of unrest. Amid the country's relentless hostage crisis and desperat
Published 14 Sep, 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 Monday (September 13, 2004).
Published 14 Sep, 2004 12:00am