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Print - 2004-10-16
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 16 Oct, 2004 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 16 Oct, 2004 12:00am
World Islamic and cultural moot in March

World Islamic and cultural moot in March

An International Islamic and Cultural Conference is being organised on March 8-9, 2005 in Lahore jointly by the Islamic Chamber of Commerce and Industry (ICCI) and Dewan Mushtaq Group of Pakistan.
Published 16 Oct, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (October 15, 2004)
Published 16 Oct, 2004 12:00am
PIA achieves improvement in yields

PIA achieves improvement in yields

National carrier, PIA due to its marketing strategies, has not only shown a constant growth on passenger and cargo traffic but also been able to achieve improvement in yields through optimum utilisation of available capacity, the sources said.
Published 16 Oct, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (October 15, 2004).
Published 16 Oct, 2004 12:00am
PIA achieves improvement in yields

PIA achieves improvement in yields

National carrier, PIA due to its marketing strategies, has not only shown a constant growth on passenger and cargo traffic but also been able to achieve improvement in yields through optimum utilisation of available capacity, the sources said.
Published 16 Oct, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 16 Oct, 2004 12:00am
Commonwealth hopes Musharraf will honour promise

Commonwealth hopes Musharraf will honour promise

Common-wealth Secretary General said he was encouraged by the moves to restore democracy in Pakistan but expected President Musharraf to honour his promise to step down as head of the army by the end of this year.
Published 16 Oct, 2004 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.
Published 16 Oct, 2004 12:00am
CDGK sets up lease camps from October 16

CDGK sets up lease camps from October 16

On the directive of City Nazim Naimatullah Khan the City Government starts holding lease camps from 1st of Ramazan-ul-Mubarak. Initially, 17 camps will be set up for issuance of lease to the residents of 278 Katchi Abadis.
Published 16 Oct, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 16 Oct, 2004 12:00am
Musharraf will be forced to quit: Qazi

Musharraf will be forced to quit: Qazi

Muttahida Majlis-i-Amal President and chief of Jamaat-i-Islami Qazi Hussain Ahmed said on Friday the National Assembly was hostage to Musharraf' s dictates and if he continued to impose his orders on this sacred institution, MMA would walk out of it and w
Published 16 Oct, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 16 Oct, 2004 12:00am
Hunt for mastermind of Chinese kidnapping stepped up

Hunt for mastermind of Chinese kidnapping stepped up

Security forces on Friday stepped up their hunt for an al Qaeda-linked former Guantanamo Bay prisoner who masterminded the kidnapping of two Chinese engineers, security officials said.
Published 16 Oct, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (October 15, 2004).
Published 16 Oct, 2004 12:00am
NAB probes Rs 6 billion revenue scam

NAB probes Rs 6 billion revenue scam

The National Accountability Bureau (NAB) has asked for details on evaded revenue amounting to rupees six billion for further evaluation.
Published 16 Oct, 2004 12:00am
Mirwaiz favours bus service without visa

Mirwaiz favours bus service without visa

All Parties Hurriyat Conference leader Mirwaiz Omer Farooq on Friday favoured the initiation of Srinagar-Muzaffarabad bus service without passport or visa.
Published 16 Oct, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 16 Oct, 2004 12:00am
Tareen to review report on gem development

Tareen to review report on gem development

Federal Industries Minister Jehangir Khan Tareen will review the report prepared by the Small and Medium Enterprise Development Authority (Smeda) to prepare development strategies for gem, jewelry, marble and granite sectors in two meetings to be held on
Published 16 Oct, 2004 12:00am
Shariat bench accepts appeal

Shariat bench accepts appeal

The Shariat Appellate Bench (SAB) of the Supreme Court has accepted for hearing a private appeal against the acquittal of three persons tried for rape under Hadood Ordinance. The government lawyers supported the appeal.
Published 16 Oct, 2004 12:00am
Most of rural areas facing food shortage

Most of rural areas facing food shortage

Most of the rural areas are facing food shortage which needs corrective measures in terms of land reforms, progressive farming and skills to apply modern means of production.
Published 16 Oct, 2004 12:00am
Jamali favours policy of consultation

Jamali favours policy of consultation

Former prime minister Mir Zafarullah Khan Jamali said that the National Assembly Speaker and the Minister for Parliamentary Affairs should adopt policy of consultation.
Published 16 Oct, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

From day one, lack of quorum has stymied the working of the present National Assembly. On Friday, as soon as the Tilwat of Holy Quran was over a member of the opposition pointed out the lack of quorum and the House had to be adjourned.
Published 16 Oct, 2004 12:00am
Unisame chief invited to OIC meeting

Unisame chief invited to OIC meeting

Islamic Chamber of Commerce and Industry (ICCI) Secretary General Aqeel A. Al-Jassem has invited Union of Small and Medium Enterprises (Unisame) President to OIC meeting.
Published 16 Oct, 2004 12:00am
Gujral upbeat about success of peace talks

Gujral upbeat about success of peace talks

Former Indian Prime Minister I K Gujral has expressed optimism regarding success of the ongoing peace talks between Pakistan and India.
Published 16 Oct, 2004 12:00am
Improvement in sewerage system ordered

Improvement in sewerage system ordered

The managing director of the Karachi Water and Sewerage Board, Brig. Iftikhar Hyder, has directed his staff to keep an eye on the sewerage pumping stations during Ramazan so that people are not put to any inconvenience at Iftar, Sehri and Travih times.
Published 16 Oct, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on October 15, 2004.
Published 16 Oct, 2004 12:00am
SKMH TV programme for poor

SKMH TV programme for poor

Shaukat Khanum Memorial Cancer Hospital (SKMH)in co-operation with a TV channel is organising three-hours special transmission for the benefit of poor patients.
Published 16 Oct, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on October 15, 2004.
Published 16 Oct, 2004 12:00am
Customs agents to be trained for Care project

Customs agents to be trained for Care project

The Customs Directorate Training and Research (DOTR) is to train customs agents for the Customs Administration Reforms project (Care) due to be introduced shortly to minimise bottlenecks for the importers.
Published 16 Oct, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on October 15, 2004.
Published 16 Oct, 2004 12:00am
Experts stress need for food quality

Experts stress need for food quality

Sindh Minister for Food and Agriculture Arif Jatoi said on Thursday that the government is allocating substantial resources to agriculture sector for improving food production capacity and Rs 30 billion was spent on food, agriculture and livestock.
Published 16 Oct, 2004 12:00am
Arrangements finalised for handling 0.17 million tons imported urea

Arrangements finalised for handling 0.17 million tons imported urea

The Ministry of Food, Agriculture and Livestock (Minfal) in a meeting finalised the modus operandi of lifting, storing, transportation and distribution of 1,70,000 ton imported urea during December and January when it would be urgently needed for the whea
Published 16 Oct, 2004 12:00am
Naimat asked to clear position on disposal of CDGK property

Naimat asked to clear position on disposal of CDGK property

Sindh Local Government Commission director general has asked the City Nazim Naimatullah Khan to furnish clarification regarding disposal of City District Government Karachi's property, known as Americano.
Published 16 Oct, 2004 12:00am
Ramazan begins

Ramazan begins

The Central Ruet-e-Hilal Committee here on Friday announced Ramazan moon has been sighted and the first of Ramazan will fall on Saturday (October 16).
Published 16 Oct, 2004 12:00am
'Fatwa against suicide bombing soon'

'Fatwa against suicide bombing soon'

Minister of State for Religious Affairs Dr Aamir Liaquat Hussain on Friday said Ulema belonging to various schools of thought will issue a Fatwa to declare suicide attacks as unIslamic.
Published 16 Oct, 2004 12:00am
Muslim activist jailed in US

Muslim activist jailed in US

A prominent US Muslim activist was sentenced on Friday to 23 years in prison for illegal financial dealings with Libya and for his role in a Libyan plot to assassinate Saudi Arabia's de facto leader. Abdurahman al-Amoudi, a naturalised US citizen born in
Published 16 Oct, 2004 12:00am
Muslim activist jailed in US

Muslim activist jailed in US

A prominent US Muslim activist was sentenced on Friday to 23 years in prison for illegal financial dealings with Libya and for his role in a Libyan plot to assassinate Saudi Arabia's de facto leader. Abdurahman al-Amoudi, a naturalised US citizen born in
Published 16 Oct, 2004 12:00am
Banks fined for circulating soiled notes

Banks fined for circulating soiled notes

Inspection teams of State Bank of Pakistan, Lahore recovered a total of Rs 500,000 in fine from 161 branches of different commercial banks operating in the city, for use and circulation of mutilated currency notes. State Bank spokesman told APP here on Fr
Published 16 Oct, 2004 12:00am
Banks fined for circulating soiled notes

Banks fined for circulating soiled notes

Inspection teams of State Bank of Pakistan, Lahore recovered a total of Rs 500,000 in fine from 161 branches of different commercial banks operating in the city, for use and circulation of mutilated currency notes. State Bank spokesman told APP here on Fr
Published 16 Oct, 2004 12:00am
Pakistan and Sri Lanka agree to expedite FTA

Pakistan and Sri Lanka agree to expedite FTA

Pakistan and Sri Lanka on Friday agreed to expedite the Free Trade Agreement (FTA) and to schedule the next meeting of their Joint Economic Commission in the first quarter of 2005. The decisions came at the first Foreign Secretary-level bilateral consulta
Published 16 Oct, 2004 12:00am
Pakistan and Sri Lanka agree to expedite FTA

Pakistan and Sri Lanka agree to expedite FTA

Pakistan and Sri Lanka on Friday agreed to expedite the Free Trade Agreement (FTA) and to schedule the next meeting of their Joint Economic Commission in the first quarter of 2005. The decisions came at the first Foreign Secretary-level bilateral consulta
Published 16 Oct, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 15, 2004).
Published 16 Oct, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 15, 2004).
Published 16 Oct, 2004 12:00am
Pakistani pilgrims mistakenly held in Iraq

Pakistani pilgrims mistakenly held in Iraq

Some 100 people from Afghanistan and Pakistan recently arrested in Iraq, were pilgrims who had been abandoned at the border by their Iranian tour guides, a national guard officer said on Friday. "We have 49 men, 26 women and 37 children who were seeking r
Published 16 Oct, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 15, 2004).
Published 16 Oct, 2004 12:00am
Pakistani pilgrims mistakenly held in Iraq

Pakistani pilgrims mistakenly held in Iraq

Some 100 people from Afghanistan and Pakistan recently arrested in Iraq, were pilgrims who had been abandoned at the border by their Iranian tour guides, a national guard officer said on Friday. "We have 49 men, 26 women and 37 children who were seeking r
Published 16 Oct, 2004 12:00am
Cotton purchase: minister not satisfied with TCP

Cotton purchase: minister not satisfied with TCP

Federal Food, Agriculture and Livestock Minister Sikandar Hayat Khan Bosan has said that he is not satisfied with the performance of the Trading Corporation of Pakistan (TCP) regarding its role as alternative buyer of cotton. He told a news conference her
Published 16 Oct, 2004 12:00am
Cotton purchase: minister not satisfied with TCP

Cotton purchase: minister not satisfied with TCP

Federal Food, Agriculture and Livestock Minister Sikandar Hayat Khan Bosan has said that he is not satisfied with the performance of the Trading Corporation of Pakistan (TCP) regarding its role as alternative buyer of cotton. He told a news conference her
Published 16 Oct, 2004 12:00am
Indian economy poised to grow: ADB

Indian economy poised to grow: ADB

The head of the Asian Development Bank (ADB) Friday said India's economy was poised to grow by seven to eight percent annually over the medium term, bolstered by continued economic reforms.
Published 16 Oct, 2004 12:00am
Plgmea demands export duty on wet blue leather

Plgmea demands export duty on wet blue leather

The Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) has urged the Ministry of Commerce to re-impose 20 percent duty on export of wet blue leather which is used in manufacturing of leather garments.
Published 16 Oct, 2004 12:00am
Pak-Gulf Leasing ratings reaffirmed

Pak-Gulf Leasing ratings reaffirmed

JCR-VIS Credit Rating Company has reaffirmed the medium to long-term entity rating of Pak-Gulf Leasing Company Ltd (PGL) at 'BBB+' (triple B plus) with 'stable' outlook and the short-term rating at 'A-2' (A two).
Published 16 Oct, 2004 12:00am
Pak-Gulf Leasing ratings reaffirmed

Pak-Gulf Leasing ratings reaffirmed

JCR-VIS Credit Rating Company has reaffirmed the medium to long-term entity rating of Pak-Gulf Leasing Company Ltd (PGL) at 'BBB+' (triple B plus) with 'stable' outlook and the short-term rating at 'A-2' (A two).
Published 16 Oct, 2004 12:00am
LHC calls report on sale of units of Ittefaq groups

LHC calls report on sale of units of Ittefaq groups

Lahore High Court (LHC) on Friday directed the counsel of shareholders and the banks, to review the sales terms and conditions and also submit a complete draft of its report by October 22 about the sale of the units of Ittefaq Group of Industries.
Published 16 Oct, 2004 12:00am
Bangladesh top textile group eyeing Pakistani market

Bangladesh top textile group eyeing Pakistani market

Beximco, Bangladesh's largest textile group, is eyeing Pakistan market for investment. Its CEO Hussain called on President Pervez Musharraf and showed keen interest in investing in Pakistan.
Published 16 Oct, 2004 12:00am
TCBL to be de-listed from October 18

TCBL to be de-listed from October 18

Following the amalgamation arrangement of Trust Commercial Bank Ltd, (TCBL) with the Crescent Commercial Bank Limited (CCBL), TCBL will stand de-listed from ready board quotation of Lahore Stock Exchange (LSE), with effect from Monday, October 18. State B
Published 16 Oct, 2004 12:00am
TCBL to be de-listed from October 18

TCBL to be de-listed from October 18

Following the amalgamation arrangement of Trust Commercial Bank Ltd, (TCBL) with the Crescent Commercial Bank Limited (CCBL), TCBL will stand de-listed from ready board quotation of Lahore Stock Exchange (LSE), with effect from Monday, October 18. State B
Published 16 Oct, 2004 12:00am