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Print - 2004-11-04
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Increased ANF role to check export cargoes under study

Increased ANF role to check export cargoes under study

The government is examining a proposal to give Anti-Narcotics Force (ANF) the sole responsibility of checking outgoing passengers, baggage/air cargo and export consignments at airports and dry ports with the help of snuffer dogs to effectively check narco
Published 04 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
One killed, two hurt in Karachi mosque attack

One killed, two hurt in Karachi mosque attack

An unidentified gunman opened fire during Fajr prayers in Muhammedi Mosque in Buffer Zone area killing at least one worshipper and injuring two others, Pesh Imam and Moazzin, on Wednesday, police said. An unidentified man entered into the mosque during Fa
Published 04 Nov, 2004 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
One killed, two hurt in Karachi mosque attack

One killed, two hurt in Karachi mosque attack

An unidentified gunman opened fire during Fajr prayers in Muhammedi Mosque in Buffer Zone area killing at least one worshipper and injuring two others, Pesh Imam and Moazzin, on Wednesday, police said. An unidentified man entered into the mosque during Fa
Published 04 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Pakistan Steel hikes billets, sheets prices

Pakistan Steel hikes billets, sheets prices

Pakistan Steel has increased the prices of all categories of billets/blooms by Rs 200 to Rs 400 per ton and iron sheets (all grades) by Rs 4000 to 6000 per ton from November 1. According to information gathered by this correspondent, the increase is exclu
Published 04 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Pakistan Steel hikes billets, sheets prices

Pakistan Steel hikes billets, sheets prices

Pakistan Steel has increased the prices of all categories of billets/blooms by Rs 200 to Rs 400 per ton and iron sheets (all grades) by Rs 4000 to 6000 per ton from November 1. According to information gathered by this correspondent, the increase is exclu
Published 04 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
SSGC plans to import LNG from Iran and Qatar

SSGC plans to import LNG from Iran and Qatar

Sui Southern Gas Company (SSGC) is considering an offer to import 350 to 500 million cubic feet (mmcf) per day of liquified natural gas (LNG) from Qatar or Iran to meet rising domestic demand. This was stated by the SSGC Managing Director Munawar Baseer A
Published 04 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
SSGC plans to import LNG from Iran and Qatar

SSGC plans to import LNG from Iran and Qatar

Sui Southern Gas Company (SSGC) is considering an offer to import 350 to 500 million cubic feet (mmcf) per day of liquified natural gas (LNG) from Qatar or Iran to meet rising domestic demand. This was stated by the SSGC Managing Director Munawar Baseer A
Published 04 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Government asked to exempt IPPs from Rs 4 billion liabilities

Government asked to exempt IPPs from Rs 4 billion liabilities

The Ministry of Water and Power and the Planning Commission have recommended to the government to exempt the independent power producers (IPPs) from annual liabilities of Rs 4 billion, which these power producers have to pay under the Companies Profits (W
Published 04 Nov, 2004 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Government asked to exempt IPPs from Rs 4 billion liabilities

Government asked to exempt IPPs from Rs 4 billion liabilities

The Ministry of Water and Power and the Planning Commission have recommended to the government to exempt the independent power producers (IPPs) from annual liabilities of Rs 4 billion, which these power producers have to pay under the Companies Profits (W
Published 04 Nov, 2004 12:00am
Condolence book at UAE embassy

Condolence book at UAE embassy

A condolence book has been opened at the UAE embassy here for callers and an official announcement said that the embassy will remain closed for a week from Wednesday and reopen on November 11. The condolence book will be available until Friday.
Published 04 Nov, 2004 12:00am
Five killed in IOK mosque siege

Five killed in IOK mosque siege

Occupation Indian troops killed five suspected Mujahideen in a fierce gunbattle in occupied Kashmir after they (Mujahideen) barricaded themselves inside a mosque, an army official said on Wednesday.
Published 04 Nov, 2004 12:00am
Indus Motors raises Daihatsu prices

Indus Motors raises Daihatsu prices

Indus Motors has increased the prices of Daihatsu Coure CL and CX models by Rs 10,000 and 20,000 respectively, it was learnt here on Wednesday. The new rates will take effect from November 1. With the increase in rates, Daihatsu Coure CL price has gone up
Published 04 Nov, 2004 12:00am
Three-day mourning announced

Three-day mourning announced

Government of Pakistan has decided to observe three days of mourning due to the death of Sheikh Zayed Bin Sultan Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi, who passed away on 2nd November, 2004.
Published 04 Nov, 2004 12:00am
Ordinance

Ordinance

President Pervez Musharraf on Wednesday promulgated ordinance to further amend the Legal Practitioner and Bar Council Act 1973.
Published 04 Nov, 2004 12:00am
Refusal to Sharifs: PML-N terms government action unethical

Refusal to Sharifs: PML-N terms government action unethical

Pakistan Muslim League (N) condemned the government for not allowing former Prime Minister Nawaz Sharif and former Punjab Chief Minister Shahbaz Sharif to attend the funeral of their father Mian Muhammad Sharif in Pakistan, and said that action was unethi
Published 04 Nov, 2004 12:00am
Spanish company to study water treatment plant

Spanish company to study water treatment plant

A Spanish Private Company Special Consortium of Water Treatment, Waste Energy (CITARE) gave a briefing on water treatment, sewerage system, solid waste management to Mian Amer Mahmood, District Nazim here Tuesday.
Published 04 Nov, 2004 12:00am
Ittefaq group unit's case adjourned

Ittefaq group unit's case adjourned

Lahore High Court (LHC) on Wednesday adjourned further proceedings of Ittefaq Groups' assets sales case for November 10. The parties discussed the terms of sales for the units on Wednesday and an improved formula was presented to the court for new local a
Published 04 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Gang of highway robbers busted

Gang of highway robbers busted

The National Highways and Motorway Police have busted a gang of highway robbers and recovered valuables worth millions of rupees, including firearms.
Published 04 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
'Efforts on to develop youth skills'

'Efforts on to develop youth skills'

Punjab government is making all-out efforts to make good use of the potential of the youths, especially those who are dropouts from various educational institutes, by offering them opportunities of skill development in different vocational training instit
Published 04 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Sindh University to award 8 post doctorate fellowship

Sindh University to award 8 post doctorate fellowship

The Sindh University will award the eight Post Doctorate Fellowship for abroad to its faculty members of the various institutes and departments. A meeting of high level of University's higher Training Scholarship Committee held here on Wednesday to consid
Published 04 Nov, 2004 12:00am
CDA housing societies to get NOC in 3 months

CDA housing societies to get NOC in 3 months

The Capital Development Authority (CDA) board has set a three-month timeframe for issuance of No Objection Certificate (NOC) to those housing societies, which fulfill the required criteria of the civic body, Business Recorder reliably learnt on Wed
Published 04 Nov, 2004 12:00am
Jimmy to hold 'Fun and Food' functions abroad

Jimmy to hold 'Fun and Food' functions abroad

After successfully arranging 'Fun and Food' programmes for handicapped, blind and under-privileged children in Pakistan and Sri Lanka, Jimmy Engineer, a renowned artist, social worker and peace activist has announced to hold similar functions in India, Ba
Published 04 Nov, 2004 12:00am
Pacra shareholding changes

Pacra shareholding changes

The Pakistan Credit Rating Agency (Pacra) has sold minority stake in the rating agency to Mumtaz H Syed, currently chief executive of the Crosby Management Ltd.
Published 04 Nov, 2004 12:00am
Pacra shareholding changes

Pacra shareholding changes

The Pakistan Credit Rating Agency (Pacra) has sold minority stake in the rating agency to Mumtaz H Syed, currently chief executive of the Crosby Management Ltd.
Published 04 Nov, 2004 12:00am
Diplomats urged to bring more investors from their countries

Diplomats urged to bring more investors from their countries

The acting president of Karachi Chamber of Commerce and Industry (KCCI), Abrar Ahmed, has urged the Karachi-based diplomats, particularly those of developed world, to encourage entrepreneurs in their respective countries so that they should come forward a
Published 04 Nov, 2004 12:00am
Government to announce Youth Policy on December 25

Government to announce Youth Policy on December 25

Minister of State for Culture, Youth Affairs, and Minorities Senator Muhammad Ali Durrani has said that government would announce a new comprehensive youth policy on December 25, 2004 and would confer "Jinnah Youth Award" on 30 young men who stood alongsi
Published 04 Nov, 2004 12:00am
APFTU demands Eid bonus

APFTU demands Eid bonus

All Pakistan Federation of Trade Unions (APFTU) has demanded of the government to announce Eid bonus for the employees of public and private sector on the eve of Eid-ul-Fitr.
Published 04 Nov, 2004 12:00am
US firm keen to handle ATT cargo

US firm keen to handle ATT cargo

Arval D. Headrick, vice chairman and chief executive, Global Strategy and Development, the Transoceanic Shipping Company, USA, respectively has expressed interest in setting up an exclusive private area, near Karachi Port for handling and storage of all t
Published 04 Nov, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Nov, 2004 12:00am
IAP Architectural Forum from December 10

IAP Architectural Forum from December 10

The Institute of Architects Pakistan (IAP) is organising an architectural forum " My Architecture -Our Architecture" at Expo Center here on December 10 to 12. The forum will discuss architectural philosophy and share experiences and development in the fil
Published 04 Nov, 2004 12:00am
Saarc commerce ministers to meet in Islamabad on November 21

Saarc commerce ministers to meet in Islamabad on November 21

The Commerce Ministers of seven member countries of the South Asian Association for Regional Co-operation (Saarc) will meet in Islamabad from November 21 to 23 to explore ways to further promote trade between the member states.
Published 04 Nov, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
PBC elections

PBC elections

A member of the Lahore High Court Bar Association (LHCBA) Sarfraz Hussain has approached Chairman Punjab Bar Council (PBC) with prayer to postpone the bar elections. The applicant contended that the members contesting the bar elections are violating the r
Published 04 Nov, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

Published 04 Nov, 2004 12:00am
Government strengthening infrastructure for BPO sector: minister

Government strengthening infrastructure for BPO sector: minister

Minister for Information Technology (IT), Awais Ahmad Khan Leghari on Tuesday said that government was using all its resources to create the infrastructure needed to expedite growth in Business Process Outsourcing (BPO) sector so that the industry could c
Published 04 Nov, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Nov, 2004 12:00am
Rs 50 million given to buy detectors for mosques and Imambargahs

Rs 50 million given to buy detectors for mosques and Imambargahs

With a view to ensuring foolproof security arrangements in the mosques, Imambargahs and other religious places the District Government has earmarked an amount of Rs 50 million for the purchase of detectors, cameras and other security equipment.
Published 04 Nov, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Nov, 2004 12:00am
Vocational institutes asked to focus on short courses

Vocational institutes asked to focus on short courses

Governor Punjab Lieutenant General Khalid Maqbool (Retd) has urged the vocational and training institutes to focus on short-term diploma courses besides degree programmes to provide much needed skilled manpower for the local industry.
Published 04 Nov, 2004 12:00am
Sialkot and Wazirabad Road being converted into dual-way

Sialkot and Wazirabad Road being converted into dual-way

Sialkot-Wazirabad Road would be converted into dual-way, and the work on this mega project would be executed at a cost of Rs 870 million in near future, official sources told Business Recorder here on Wednesday.
Published 04 Nov, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (November 03, 2004).

Published 04 Nov, 2004 12:00am
Plan to curb Sialkot tanneries pollution initiated

Plan to curb Sialkot tanneries pollution initiated

A multi-dimensional programme has been initiated aimed at combating intensive threats of pollution caused by the establishment of ill-planned tanneries in and around Sialkot.
Published 04 Nov, 2004 12:00am
Soomro, Khalil and Wasim grieved over Zayed's death

Soomro, Khalil and Wasim grieved over Zayed's death

Chairman Senate Mohammedmian Soomro on Wednesday expressed deep shock and grief over the sad demise of Sheikh Zayed Bin Sultan Al-Nahyan, President of United Arab Emirates (UAE).
Published 04 Nov, 2004 12:00am
SSUET for implementation of 'Disaster Relief Plan'

SSUET for implementation of 'Disaster Relief Plan'

Sir Syed University of Engineering and Technology (SSUET) has embarked upon an ambitious programme to chalk out a line of action for implementation of a "Disaster Relief Plan" in collaboration with Red Crescent Society Sindh and Karachi Building Control A
Published 04 Nov, 2004 12:00am
THE RUPEE: rates gap narrows

THE RUPEE: rates gap narrows

The recent corrective measures taken by the State Bank of Pakistan (SBP) to bring stability in rupee value in terms of dollar narrowed the gap between official and open market rates on Wednesday, dealers said. As a result of the cautionary steps, the offi
Published 04 Nov, 2004 12:00am
THE RUPEE: rates gap narrows

THE RUPEE: rates gap narrows

The recent corrective measures taken by the State Bank of Pakistan (SBP) to bring stability in rupee value in terms of dollar narrowed the gap between official and open market rates on Wednesday, dealers said. As a result of the cautionary steps, the offi
Published 04 Nov, 2004 12:00am
Sheikh Zayed's death a loss for Pakistani nation: Musharraf

Sheikh Zayed's death a loss for Pakistani nation: Musharraf

President General Pervez Musharraf on Wednesday paid rich tributes to late UAE President Sheikh Zayed bin Sultan Al-Nahyan sagacious leader of the Muslim world and said that in his death the Pakistani nation has lost a great friend.
Published 04 Nov, 2004 12:00am
Powel condoles Sheikh Zayed's demise

Powel condoles Sheikh Zayed's demise

Sheikh Zayed bin Sultan al-Nahyan stood both at home and abroad as "a symbol of benevolent and wise leadership characterised by generosity, tolerance, and avid pursuit of development and modernisation."
Published 04 Nov, 2004 12:00am
Gas provided in Millat Town

Gas provided in Millat Town

Punjab Governor Khalid Maqbool has said that at present Pakistan is progressing in each and every field and the government has developed a large number of projects for prosperity of the people. Continuation the projects of public welfare was only possible
Published 04 Nov, 2004 12:00am
Power plants

Power plants

This refers to a letter captioned 'power shortage' published in the daily Business Recorder on 29th October 2004 which is contrary to the fact. According to the factual position, some of the redundant power plants are likely to be donated by the go
Published 04 Nov, 2004 12:00am
Plea to raise power tariff

Plea to raise power tariff

According to a report in this newspaper the other day, the World Bank has advised the government to increase the power tariff for all types of consumers with a view to offsetting the losses incurred by the WAPDA due to the unabated rise in the prices of f
Published 04 Nov, 2004 12:00am
A void difficult to fill

A void difficult to fill

The death of Sheikh Zayed bin Sultan al-Nahayan, the President and founding father of the United Arab Emirates (UAE), on Tuesday (November 2) after protracted illness, as announced by the royal court on Abu Dhabi television, will be deeply mourned not onl
Published 04 Nov, 2004 12:00am
WTO's impact on SMEs

WTO's impact on SMEs

Small and Medium Enterprises (SMEs) are considered the backbone of the developed and the developing economies. SMEs have played a significant and important role on a global basis in boosting the economies. That has helped the managers taking off the blink
Published 04 Nov, 2004 12:00am
Muted by fear, Maldivians yearn for change

Muted by fear, Maldivians yearn for change

Under the cover of night, Maldives tourist resort worker Amindhy nervously enters a hotel room in the tiny island capital Male, lets her hair down to cover her face and sits with her back to a journalist's video camera. Amindhy was among thousands who too
Published 04 Nov, 2004 12:00am
5,000 rupee note

5,000 rupee note

While some of the bankers are appreciating issuance of 5,000 rupee currency bill for its 'easy handling', I am concerned for its just the same reason. Illegal gratification never goes through the banking channels for its fear of being tracked down. It is
Published 04 Nov, 2004 12:00am
Porto face uphill struggle after draw with PSG

Porto face uphill struggle after draw with PSG

Champions League title holders Porto face a struggle to qualify for the knockout phase after Paris St Germain held them to an uninspired 0-0 draw on Tuesday.
Published 04 Nov, 2004 12:00am
SBP's Circular No 32

SBP's Circular No 32

I have seen the letter that appeared in your newspaper about the State Bank's Circular No 32. I have a small plot and want to start some industry. For a loan from the bank I have submitted the original documents of my open plot in-original. However, the l
Published 04 Nov, 2004 12:00am
Nutrition Conference-2004

Nutrition Conference-2004

A two-day International Nutrition Conference-2004 will be held here on December 1 and 2. Department of Animal Nutrition, University of Veterinary and Animal Sciences, Lahore is organising the conference.
Published 04 Nov, 2004 12:00am
PRO, WAPDA Politics of plots

PRO, WAPDA Politics of plots

It is a matter of shame and disgrace that as many as 549 costlier residential plots in Islamabad were doled out by the prime ministers of the past years to numerous politicians, generals and bureaucrats as favours in the garb of discretionary quota.
Published 04 Nov, 2004 12:00am