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Nov 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-10-24
Sales tax rules for ad agencies framed

Sales tax rules for ad agencies framed

To facilitate the advertising industry, the Central Board of Revenue (CBR) has issued special procedure for collection and payment of sales tax by advertising agencies. The CBR on Saturday issued SRO 872(I)/2004 to insert a new chapter (XV) in the Sales T
Published 24 Oct, 2004 12:00am
JPCL refuses to ink gas sale pact with SSGC

JPCL refuses to ink gas sale pact with SSGC

The Jamshoro Power Company Limited (JPCL) has refused to sign fresh gas sale agreement with Sui Southern Gas Company (SSGC), saying that fresh GSA was not necessary to increase gas quantity, sources told Business Recorder. Earlier, SSGC had asked J
Published 24 Oct, 2004 12:00am
JPCL refuses to ink gas sale pact with SSGC

JPCL refuses to ink gas sale pact with SSGC

The Jamshoro Power Company Limited (JPCL) has refused to sign fresh gas sale agreement with Sui Southern Gas Company (SSGC), saying that fresh GSA was not necessary to increase gas quantity, sources told Business Recorder. Earlier, SSGC had asked J
Published 24 Oct, 2004 12:00am
Drastic cut in dollars supply

Drastic cut in dollars supply

Short supply of dollars in the open market here has drastically shrunk its availability to just 10 percent while demand is still rising, said exchange companies. The newly born exchange companies found the situation difficult to deal with as pressure was
Published 24 Oct, 2004 12:00am
Drastic cut in dollars supply

Drastic cut in dollars supply

Short supply of dollars in the open market here has drastically shrunk its availability to just 10 percent while demand is still rising, said exchange companies. The newly born exchange companies found the situation difficult to deal with as pressure was
Published 24 Oct, 2004 12:00am
AJK Foundation Day today

AJK Foundation Day today

The 57th Foundation Day of Azad government of the state of Jammu and Kashmir will be observed on Sunday.
Published 24 Oct, 2004 12:00am
Karzai's lead slipped

Karzai's lead slipped

A Taleban suicide fighter killed himself and wounded at least seven others, including three members of a Nato-led peacekeeping force, in a grenade attack on a busy shopping street in central Kabul on Saturday.
Published 24 Oct, 2004 12:00am
Qazi Jamil elected SCBA president

Qazi Jamil elected SCBA president

Qazi Muhammad Jamil Advocate from NWFP has been elected president of the Supreme Court Bar Association (SCBA), according to unofficial results of the 2004-05 election held on Saturday.
Published 24 Oct, 2004 12:00am
GCC must step up monetary union drive: IMF

GCC must step up monetary union drive: IMF

Oil-rich Gulf Arab states need to tackle the growing challenge of unemployment and step up efforts towards their goal of a monetary union, the head of the International Monetary Fund said on Saturday.
Published 24 Oct, 2004 12:00am
President in uniform need of hour, Shaukat tells McKinnon

President in uniform need of hour, Shaukat tells McKinnon

Commonwealth Secretary General Don McKinnon on Saturday discussed restoration of democracy and the role Pakistan is playing in promoting peace and security. He was talking to Prime Minister Shaukat Aziz here on Saturday. Foreign Minister Khurshid Mehmud K
Published 24 Oct, 2004 12:00am
President in uniform need of hour, Shaukat tells McKinnon

President in uniform need of hour, Shaukat tells McKinnon

Commonwealth Secretary General Don McKinnon on Saturday discussed restoration of democracy and the role Pakistan is playing in promoting peace and security. He was talking to Prime Minister Shaukat Aziz here on Saturday. Foreign Minister Khurshid Mehmud K
Published 24 Oct, 2004 12:00am
Zarqawi aide captured; 20 killed in Iraq

Zarqawi aide captured; 20 killed in Iraq

Suicide bombers killed 20 members of Iraq's fledgling security forces near a US marine base west of Baghdad and at a checkpoint north of the capital on Saturday in a spate of guerrilla attacks across the country while the US troops said they caught a top
Published 24 Oct, 2004 12:00am
Zarqawi aide captured; 20 killed in Iraq

Zarqawi aide captured; 20 killed in Iraq

Suicide bombers killed 20 members of Iraq's fledgling security forces near a US marine base west of Baghdad and at a checkpoint north of the capital on Saturday in a spate of guerrilla attacks across the country while the US troops said they caught a top
Published 24 Oct, 2004 12:00am
OGDC to start offshore oil drilling in Indus Delta

OGDC to start offshore oil drilling in Indus Delta

The Government Holdings (Pvt) Limited and Oil and Gas Development Company Limited (OGDC) on Saturday signed an oil and gas production sharing agreement over offshore block No 2367-4 (Indus Delta-A). This would be OGDC's first activity as operator for offs
Published 24 Oct, 2004 12:00am
OGDC to start offshore oil drilling in Indus Delta

OGDC to start offshore oil drilling in Indus Delta

The Government Holdings (Pvt) Limited and Oil and Gas Development Company Limited (OGDC) on Saturday signed an oil and gas production sharing agreement over offshore block No 2367-4 (Indus Delta-A). This would be OGDC's first activity as operator for offs
Published 24 Oct, 2004 12:00am
'Dual-office bill' short of expectations: Commonwealth

'Dual-office bill' short of expectations: Commonwealth

Commonwealth Secretary General Don McKinnon on Saturday said that the passage of the 'dual-office bill' by the National Assembly did not fulfil the organisation's expectations. He made this observation after a meeting with leaders of the Alliance for the
Published 24 Oct, 2004 12:00am
'Dual-office bill' short of expectations: Commonwealth

'Dual-office bill' short of expectations: Commonwealth

Commonwealth Secretary General Don McKinnon on Saturday said that the passage of the 'dual-office bill' by the National Assembly did not fulfil the organisation's expectations. He made this observation after a meeting with leaders of the Alliance for the
Published 24 Oct, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (October 23) and rates for Sunday (October 24, 2004).
Published 24 Oct, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

The rupee on Saturday sharply lost 50 paisa against dollar in the inter-bank market at Rs 60.50 for buying and Rs 60.60 for selling as demand for the greenback persisted, dealers said. According to market sources, importers' and corporate sector demand p
Published 24 Oct, 2004 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

The rupee on Saturday sharply lost 50 paisa against dollar in the inter-bank market at Rs 60.50 for buying and Rs 60.60 for selling as demand for the greenback persisted, dealers said. According to market sources, importers' and corporate sector demand p
Published 24 Oct, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assu- rance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 25, 2004:
Published 24 Oct, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assu- rance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 25, 2004:
Published 24 Oct, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assu- rance Ltd announced that the Offer and Bid prices for the following funds effective from Monday October 25, 2004:
Published 24 Oct, 2004 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (October 23, 2004).
Published 24 Oct, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (October 23, 2004).
Published 24 Oct, 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 Saturday (October 23, 2004).
Published 24 Oct, 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 Saturday (October 23, 2004).
Published 24 Oct, 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 Saturday (October 23, 2004).
Published 24 Oct, 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 Saturday (October 23, 2004).
Published 24 Oct, 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 24 Oct, 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 24 Oct, 2004 12:00am
Panama considers canal toll increase

Panama considers canal toll increase

Panama is considering increasing tolls for ships passing through the Panama Canal, to allow for a future expansion of the waterway, Economy Minister Ricaurte Vasquez said on Tuesday.
Published 24 Oct, 2004 12:00am
Paranagua port to close ship berths for maintenance

Paranagua port to close ship berths for maintenance

Two shipping berths and the public silo at Brazil's main grains port of Paranagua will be closed for maintenance starting in mid-November, the port authority said on Friday.
Published 24 Oct, 2004 12:00am
Los Angeles port shelves plan for 24-hour work

Los Angeles port shelves plan for 24-hour work

Plans to unload cargo at the Los Angeles/Long Beach port complex around the clock have been shelved until early next year, port officials said on Thursday, delaying a planned move to ease the costly backlog of cargo ships at the nation's busiest port.
Published 24 Oct, 2004 12:00am
Hong Kong's OOIL Q3 shipping revenues up

Hong Kong's OOIL Q3 shipping revenues up

Hong Kong-based container ship operator Orient Overseas (International) Ltd said on Thursday revenues from its shipping business in the third quarter rose 28 percent, thanks to booming international trade.
Published 24 Oct, 2004 12:00am
Auckland ports profit up

Auckland ports profit up

New Zealand's Ports of Auckland Ltd said on Thursday it had traded at expectations in the first quarter but its net profit after tax was slightly higher than the same period last year.
Published 24 Oct, 2004 12:00am
Auckland ports profit up

Auckland ports profit up

New Zealand's Ports of Auckland Ltd said on Thursday it had traded at expectations in the first quarter but its net profit after tax was slightly higher than the same period last year.
Published 24 Oct, 2004 12:00am
Hanjin wins first ship orders from Cosco

Hanjin wins first ship orders from Cosco

South Korea's Hanjin Heavy Industries Co said on Thursday it had won 312.1 billion won ($273.5 million) worth of orders for ships from shipping giant China Ocean Shipping Company (Cosco).
Published 24 Oct, 2004 12:00am
Hutchison and Maersk interested in Sydney port

Hutchison and Maersk interested in Sydney port

Sydney Ports Corporation said on Wednesday Hong Kong's Hutchison Whampoa Ltd and Denmark's A.P. Moeller-Maersk Group were among a handful of companies showing interest in running an expanded Sydney container terminal.
Published 24 Oct, 2004 12:00am
Daewoo Shipbuilding wins $1.15 billion orders

Daewoo Shipbuilding wins $1.15 billion orders

South Korea's Daewoo Shipbuilding and Marine Engineering, the world's second-largest shipbuilder, said on Monday it had recently won foreign orders worth $1.15 billion to build 10 ships.
Published 24 Oct, 2004 12:00am
Brazilian sugar vessels line-up grows

Brazilian sugar vessels line-up grows

The line-up of vessels waiting to load sugar in Brazil's ports increased to 48 from 45 last week, shipping agent Williams said on Thursday.
Published 24 Oct, 2004 12:00am
Activity at Karachi and Qasim Ports

Activity at Karachi and Qasim Ports

The Karachi Port handled 98,336 tonnes of cargo including 87,374 tonnes import and 10,962 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
Published 24 Oct, 2004 12:00am
Mexican scientists find gas off Pacific coast

Mexican scientists find gas off Pacific coast

Mexican scientists have detected what could be a large underground deposit of methane gas in the Gulf of California off the north-west coast of Mexico, local officials said on Friday.
Published 24 Oct, 2004 12:00am
Myanmar and Sino-Singaporean group sign oil contract

Myanmar and Sino-Singaporean group sign oil contract

State-owned Myanmar Oil and Gas Enterprise (MOGE) and a China-Singaporean consortium signed a production sharing contract for exploration of oil and gas, official media and sources said on Saturday.
Published 24 Oct, 2004 12:00am
Henkel sees US and Asia for future expansion

Henkel sees US and Asia for future expansion

German cosmetics, detergents and adhesives group Henkel AG will focus future expansion efforts on the US and Asian markets, its chief executive said in a newspaper interview.
Published 24 Oct, 2004 12:00am
Japan and US agree to resume beef imports

Japan and US agree to resume beef imports

Japan and the United States agreed on Saturday to resume imports of some American beef, halted since December after a case of mad cow disease in Washington state, but did not set a date for restarting trade.
Published 24 Oct, 2004 12:00am
Chinese first private airport approved

Chinese first private airport approved

Authorities have given permission for China's first private airport, near the border with Russia, to begin operating, it was reported Saturday.
Published 24 Oct, 2004 12:00am
Strikers keep JAT Airways grounded

Strikers keep JAT Airways grounded

Striking aircraft mechanics at Serbian flag carrier Jat Airways kept the airlines' planes on the ground on Saturday for the second consecutive day.
Published 24 Oct, 2004 12:00am
Kuwait introduces three-month tourist visas

Kuwait introduces three-month tourist visas

Kuwait, looking to lure more foreign visitors after the fall of Saddam Hussein in neighbouring Iraq, has introduced tourist visas valid for three months, the immigration department said Saturday. The visa replaces what were known as family visas which wer
Published 24 Oct, 2004 12:00am
Accounting revolution poses challenge to EU firms

Accounting revolution poses challenge to EU firms

Europe's financial markets face the biggest challenge since the launch of the euro as companies prepare to ditch various national bookkeeping rules to embrace common but radically new accounting standards.
Published 24 Oct, 2004 12:00am
Eichel plans new measures to trim 2005 deficit

Eichel plans new measures to trim 2005 deficit

German Finance Minister Hans Eichel is planning extra measures to try to bring the nation's 2005 deficit below an EU limit of 3 percent of gross domestic product, a newspaper reported on Saturday.
Published 24 Oct, 2004 12:00am
GM Europe may create new firm, move HQ

GM Europe may create new firm, move HQ

General Motors may bundle its European operations in a new company based in Brussels in a move to cut costs and simplify management structures, a German newspaper reported on Saturday.
Published 24 Oct, 2004 12:00am
Italian Treasury makes $9.5 billion from Enel sale

Italian Treasury makes $9.5 billion from Enel sale

The Italian Treasury has raised 7.5 billion euros ($9.5 billion) from the sale of almost 20 percent of utility company Enel, with proceeds from the placement going to reduce Italy's debt mountain.
Published 24 Oct, 2004 12:00am
Italian Treasury makes $9.5 billion from Enel sale

Italian Treasury makes $9.5 billion from Enel sale

The Italian Treasury has raised 7.5 billion euros ($9.5 billion) from the sale of almost 20 percent of utility company Enel, with proceeds from the placement going to reduce Italy's debt mountain.
Published 24 Oct, 2004 12:00am
Sharp rise in million-pound UK house sales

Sharp rise in million-pound UK house sales

The number of British properties sold for more than 1 million pounds surged in the first six months of 2004 after a fall in 2003, mortgage lender Halifax said on Saturday.
Published 24 Oct, 2004 12:00am
American Airlines to cut 1,100 jobs

American Airlines to cut 1,100 jobs

World number one American Airlines has announced plans to lay off as many as 1,100 pilots, mechanics and other ground staff in coming months, with more cuts in the future as it struggles to pare costs amid falling revenue.
Published 24 Oct, 2004 12:00am
Malaysian tin down on weak LME

Malaysian tin down on weak LME

Malaysian tin fell 0.4 percent on Friday as investors sold after being unnerved by a drop in the London price.
Published 24 Oct, 2004 12:00am
New York sugar down on speculative, producer sales

New York sugar down on speculative, producer sales

NYBOT raw sugar futures settled softer on Friday on producer and speculative sales in range-bound business, with the sweetener seen staying in its current band going into next week, brokers said.
Published 24 Oct, 2004 12:00am
Chinese copper futures up but trade directionless

Chinese copper futures up but trade directionless

Most of China's copper futures contracts closed up on Friday alongside an overnight rise on the London Metal Exchange, though trade was sluggish as investors awaited clearer direction from the LME.
Published 24 Oct, 2004 12:00am
Australian grain: barley offers shrink, China thirsty

Australian grain: barley offers shrink, China thirsty

Hot and dry weather in the east of Australia may substantially cut malting barley export availability in the 2004/05 crop season, just as top buyer China enters its main purchasing period, a leading exporter said.
Published 24 Oct, 2004 12:00am
Australian wool market ends higher

Australian wool market ends higher

The Australian wool market finished the week slightly higher as it withstood exchange rate uncertainty, industry analysts said on Friday.
Published 24 Oct, 2004 12:00am
Soyabean futures higher on firm cash

Soyabean futures higher on firm cash

Chicago Board of Trade soyabean futures closed higher on Friday due to a tight supply of US cash beans as tight-fisted farmers hold onto their newly harvested crop, hoping for higher prices, traders said.
Published 24 Oct, 2004 12:00am
CBOT rice gains on local short-covering

CBOT rice gains on local short-covering

Rough rice futures at the Chicago Board of Trade closed higher on Friday, lifted by late local short-covering and supported by slow farmer selling.
Published 24 Oct, 2004 12:00am
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