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Print - 2004-11-27
Key stock market movements at 1800 GMT on November 26

Key stock market movements at 1800 GMT on November 26

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 27 Nov, 2004 12:00am
EPZA to get 200 acres more land in KEPZ

EPZA to get 200 acres more land in KEPZ

The Export Processing Zones Authority (EPZA) will soon get another 200 acres of land for Karachi Export Processing Zones (KEPZ). This was disclosed by the EPZA Chairman, Lieutenant Colonel Syed Akbar Khan (Retd), while responding to newsmen's questions in
Published 27 Nov, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Naimat orders early completion of Shahrah-e-Orangi

Naimat orders early completion of Shahrah-e-Orangi

City Nazim Naimatullah Khan has directed concerned departments to remove the bottlenecks in construction of Shahrah-e-Orangi in order to redress problems of the residents of Orangi Town. This he stated while paying six hour long emergency visit to the sai
Published 27 Nov, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Three outlaws arrested

Three outlaws arrested

District Police Officer Mohammad Naeem Khan at a press briefing on Friday disclosed that three dangerous outlaws have been arrested by the police. He said accused Khizar Hayat and Sarfraz of district Jhang and Mohammad Nawaz of Sargodha district, involved
Published 27 Nov, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (November 26) and rates for Saturday (November 27, 2004).
Published 27 Nov, 2004 12:00am
Textile quota case appeal dismissed

Textile quota case appeal dismissed

A two-member bench of the Supreme Court on Friday dismissed an appeal of Kaiser Shafiullah in textile quota case filed against the judgement of Sindh High Court. The bench comprising Justice Rana Baghwandas and Justice Falak Sher dismissed the appeal afte
Published 27 Nov, 2004 12:00am
Five killed in car-bus crash

Five killed in car-bus crash

Five persons, including a woman and a baby girl, were killed in a road accident near Bahawalnagar Cantt when a speeding bus rammed into a taxi-cab early Friday morning. All occupants of the car - Mohammad Iqbal, his wife Mumtaz Bibi, baby daughter Ambreen
Published 27 Nov, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
100 literacy centres to be set up in Northern Areas

100 literacy centres to be set up in Northern Areas

President General Pervez Musharraf is taking keen interest in the development of Northern Areas and record projects have been launched to bring progress and prosperity in the area. This was stated by Senator Nisar A. Memon while addressing the Pakistan Mu
Published 27 Nov, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Minister hails export culture of Sialkot

Minister hails export culture of Sialkot

The Global Forum for Sports and Environment (GforSE) conference, held at Sialkot Chamber of Commerce and Industry (SCCI), here, on Friday, highly hailed the marvellous success achievement of Sialkot's Child Labour Eradication Programme and unanimously app
Published 27 Nov, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Demolition of houses: show-cause notices issued to CDGK officials

Demolition of houses: show-cause notices issued to CDGK officials

A division bench of Sindh High Court (SHC) comprising Justice Sarmad Jalal Osmany and Justice Amir Hani Muslim on Friday issued show-cause notices against more than ten-officials of city government and Nazim of New Karachi Town, Shafique-ur-Rahman Usmani
Published 27 Nov, 2004 12:00am
Steps taken to install five effluent plants: minister

Steps taken to install five effluent plants: minister

State Minister for Environment Malik Amin Aslam Khan has said that revolutionary arrangements have been made for combating the environmental degradation in the country. Addressing Global Forum for Sports and Environment (G-forSE) conference at Sialkot Cha
Published 27 Nov, 2004 12:00am
10 kanal land given to women college

10 kanal land given to women college

District Nazim Mian Amer Mahmood handed over possession of a 10-kanal piece of land situated in front of Government Degree College for Women Kot Khawaja Saeed to the college administration for construction of multi purpose block. While addressing the annu
Published 27 Nov, 2004 12:00am
THE RUPEE: euro gains 65 paisa

THE RUPEE: euro gains 65 paisa

Increased demand for dollars pushed the rupee slightly lower in the interbank market on Friday, shedding three paisa at 59.88 and 59.90 for buying and selling per dollar, respectively.
Published 27 Nov, 2004 12:00am
FPCCI elections: Larkana Chamber announces support to Chaudhry Saeed

FPCCI elections: Larkana Chamber announces support to Chaudhry Saeed

Larkana Chamber of Commerce and Industry has announced support to the candidature of eminent industrialist Chaudhry Muhammad Saeed for the slot of president-ship of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in the elections sche
Published 27 Nov, 2004 12:00am
THE RUPEE: euro gains 65 paisa

THE RUPEE: euro gains 65 paisa

Increased demand for dollars pushed the rupee slightly lower in the interbank market on Friday, shedding three paisa at 59.88 and 59.90 for buying and selling per dollar, respectively.
Published 27 Nov, 2004 12:00am
Punjab chief minister to inspect educational institutions

Punjab chief minister to inspect educational institutions

Punjab Chief Minister, Chaudhry Pervaiz Elahi will pay surprise visits to the educational institutions so that education standard could be improved in the province. Punjab Minister for Co-operative, Colonel Malik Muhammad Anwar (Retd) said this while addr
Published 27 Nov, 2004 12:00am
Modarabas: FINANCIAL LINK MODARABA - Year Ended 30-06-2004

Modarabas: FINANCIAL LINK MODARABA - Year Ended 30-06-2004

It could be termed swift surgical operation by the new management as it has lifted the ailing Financial Link Modaraba (FLM) from ruins within one year. One has to take simply a glimpse of performance statistics of the Modaraba appended with this column to
Published 27 Nov, 2004 12:00am
Women urged to improve knowledge, co-ordination

Women urged to improve knowledge, co-ordination

The Sindh Assembly unanimously passed a resolution on Thursday to mark the 'International Day for elimination of violence against women'. The resolution was moved jointly by PPP and PMLQ. This was stated by Shazia Atta Muhammad Marri, MPA and Anchor at ta
Published 27 Nov, 2004 12:00am
Modarabas: FINANCIAL LINK MODARABA - Year Ended 30-06-2004

Modarabas: FINANCIAL LINK MODARABA - Year Ended 30-06-2004

It could be termed swift surgical operation by the new management as it has lifted the ailing Financial Link Modaraba (FLM) from ruins within one year. One has to take simply a glimpse of performance statistics of the Modaraba appended with this column to
Published 27 Nov, 2004 12:00am
World Performing Arts Festival inaugurated

World Performing Arts Festival inaugurated

Asia's biggest World Performing Arts Festival 2004, which was inaugurated on Friday here at Alhamra Cultural Complex, was being sponsored by leading cellular company of the country Mobilink. The 12-day mega event was being held in partnership with The Raf
Published 27 Nov, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Prime Minister felicitates PTV on its 40th anniversary

Prime Minister felicitates PTV on its 40th anniversary

Prime Minister Shaukat Aziz on Friday said Pakistan Television being the national electronic medium has a great role to play in national development and promoting brotherhood. In his message on the occasion of 40th anniversary of PTV celebrated on Friday,
Published 27 Nov, 2004 12:00am
SSGC starts implementing customer care system

SSGC starts implementing customer care system

Sui Southern Gas Company (SSGC) has started implementation of its customer care & billing solution for its user departments here on Friday in a ceremony organised by the Information Technology Department, a press release said. The ceremony was attended by
Published 27 Nov, 2004 12:00am
Jimmy Engineer to hold series of paintings exhibitions in Lahore

Jimmy Engineer to hold series of paintings exhibitions in Lahore

Well-known Karachi based social worker, peace crusader and artist Jimmy Engineer has announced to hold a series of exhibitions in Lahore soon to exhibit his paintings that would tell people what was the real art. "I have started working on the plan and co
Published 27 Nov, 2004 12:00am
Member to Member

Member to Member

Members have subsequently reported the transactions on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
HEC must serve as a catalyst in promoting education: Prime Minister

HEC must serve as a catalyst in promoting education: Prime Minister

Prime Minister Shaukat Aziz on Friday said the Higher Education Commission (HEC) should serve as a catalyst in promoting quality education in the country. Speaking at a presentation by HEC, the Prime Minister called for adopting a pro-active policy toward
Published 27 Nov, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Nov, 2004 12:00am
Noted critic speaks on Italian art

Noted critic speaks on Italian art

The Italian Cultural Centre Dante Allghieri - Karachi, continuing its permanent collaboration with AlCA Pakistan, a national section of AICA (International Association of Art Critics), has sponsored the participation of one of the best known Italian art c
Published 27 Nov, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Nov, 2004 12:00am
Seminar on women's role in media on November 30

Seminar on women's role in media on November 30

The Media Women Publishers' and Journalists' Organisation (MWPJO) is organising an interactive seminar on "Women and media - the South Asian experience in Karachi" here on November 30. The seminar would be addressed by prominent media women from Pakistan,
Published 27 Nov, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 27 Nov, 2004 12:00am
PHDEB working appreciated

PHDEB working appreciated

Pakistan Horticulture Development and Export Board (PHDEB) arranged a one-day workshop at Bhalwal on the topic of compliance under WTO (World Trade Organisation) regime with focus on EUREPGAP (Europe Good Agricultural Practices), SPS (Syto Plyto Sanitary)
Published 27 Nov, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Kelash Nath Kohli sworn in as additional BHC judge

Kelash Nath Kohli sworn in as additional BHC judge

Mehta Kelash Nath Kohli was sworn in as additional judge of the Balochistan High Court (BHC) here on Friday. The oath was administered by Chief Justice Raja Fayyaz Ahmad at a simple but impressive ceremony at the BHC. Oath-taking ceremony was attended by
Published 27 Nov, 2004 12:00am
Hewlett-Packard unveils new consumer digital experiences

Hewlett-Packard unveils new consumer digital experiences

Hewlett-Packard (HP) announced its expansion into digital photography segments with a range of offerings designed to make a consumer's digital lifestyle simple and rewarding. The offerings are aimed at bringing consumers a total, not just product, but dig
Published 27 Nov, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Nov, 2004 12:00am
MMA signs code of conduct for public meeting at Nishtar Park

MMA signs code of conduct for public meeting at Nishtar Park

The leaders of Muttahida Majlis-i-Amal (MMA) in a meeting held here at the Sindh Home Department on Friday endorsed the code of conduct regarding the alliance's public meeting to be held at Nishtar Park on Sunday. MMA leaders Hafiz Mohammad Taqi, Allama H
Published 27 Nov, 2004 12:00am
Sugarcane Act to be amended, Senate informed

Sugarcane Act to be amended, Senate informed

Federal Food Minister, Sikandar Hayat Khan Bosan has said the government will amend Sugarcane Act, 1950 to make it an effective tool for preventing delay in the commissioning of sugarcane crushing season by mill owners in future. He was responding to a qu
Published 27 Nov, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The 18th session of the Senate of Pakistan opened on Friday evening in an atmosphere of deceptive calm. For good 85 minutes that the question hour lasted the Opposition was exceptionally co-operative. Its members put up a show of serious engagement as the
Published 27 Nov, 2004 12:00am
PPAB meeting on November 29

PPAB meeting on November 29

The 19th meeting of Punjab Poultry Advisory Board (PPAB) will be held here on November 29. Punjab Minister for Livestock, Haroon Sultan will preside.
Published 27 Nov, 2004 12:00am
LHC summons Town Nazim

LHC summons Town Nazim

The Lahore High Court (LHC) has summoned Nazim Allama Iqbal Town Sardar Adil on December 20, in a petition filed by Sabzazar Welfare Society (SWS) President Saeed Assi praying to the court to direct the respondents to shift slaughterhouse from the area. T
Published 27 Nov, 2004 12:00am
Mushahid welcomes Zardari's statement

Mushahid welcomes Zardari's statement

Pakistan Muslim League Secretary General Mushahid Hussain Sayed has underlined the need for national reconciliation and broad-based consensus among all political forces of the country. He welcomed Zardari' s statement calling for reconciliation and his re
Published 27 Nov, 2004 12:00am
Health budget in Pakistan less than other Saarc states

Health budget in Pakistan less than other Saarc states

Federal Health Minister Nasir Khan informed the Senate on Friday that Pakistan and India should focus on peace so that their budgetary allocations on defence be diverted to social sector, especially health. He was answering a question raised by Senator Mu
Published 27 Nov, 2004 12:00am
Reports about rapprochement with PPP termed kite-flying

Reports about rapprochement with PPP termed kite-flying

Terming reports regarding rapprochement with Pakistan Peoples Party (PPP) as mere kite-flying, the Federal Minister for Information, Shaikh Rashid Ahmad, while ruling out any possibility of return of Benazir Bhutto to Pakistan, said that the government ha
Published 27 Nov, 2004 12:00am
Sindh Assembly for DAP price reduction

Sindh Assembly for DAP price reduction

Sindh Assembly on Friday passed three resolutions recommending Sindh Government to approach federal government to take notice of rising price of DAP and instruct its marketers to reduce its price, to ensure that cotton is lifted by the Trading Corporation
Published 27 Nov, 2004 12:00am
Installation of six large-scale model quarries approved

Installation of six large-scale model quarries approved

Federal Industries and Production Minister Jehangir Khan Tareen has approved installation of six large-scale model quarries in the next two years to produce 3,000 tonnes marble per quarry as a pilot project for development of marble and granite sector. He
Published 27 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Food fair for diabetics

Food fair for diabetics

The Abaseen Institute of Medical Sciences (AIMS), a non-government organisation is holding a diabetics-friendly food fair in Peshawar on November 28, Sunday at Nishtar Hall to create awareness among the people about the disease of sugar. Dr Zia-ul-Hassan,
Published 27 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
CJCSC visits National Defence College

CJCSC visits National Defence College

Chairman Joint Chiefs of Staff Committee General Ehsan ul Haq on Friday visited National Defence College and called on Commandant National Defence College Lieutenant General Shahid Hamid. On his arrival, at the National Defence College, he was introduced
Published 27 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
Mirwaiz warns Geelani of isolation

Mirwaiz warns Geelani of isolation

Mirwaiz Umar Farooq has warned Syed Ali Shah Geelani of isolation if he doesn't cooperate for forging unity among the separatists. "There is a strong difference of opinion with Geelani. If he co-operates and removes this difference it would be fine. Other
Published 27 Nov, 2004 12:00am
'Efforts on to provide trained workforce to engineering sector'

'Efforts on to provide trained workforce to engineering sector'

Describing engineering sector as vital to economic growth, Prime Minister Shaukat Aziz on Friday said the government was initiating a programme for skill and vocational training to provide appropriate workers to this sector and the industry. Talking to me
Published 27 Nov, 2004 12:00am
Sport-related industries vow to adopt green practices

Sport-related industries vow to adopt green practices

Sporting goods manufacturers in Pakistan, the world's largest maker of footballs, struck a landmark commitment on Friday to adopt green practices. The "Lahore-Sialkot declaration on corporate environmental responsibility" was signed by sports industry lea
Published 27 Nov, 2004 12:00am
Prime Minister directs initiation of iron ore exploration process

Prime Minister directs initiation of iron ore exploration process

Prime Minister Shaukat Aziz on Friday reviewed a presentation on iron ore potential in the country and directed to initiate process for iron ore exploration to build more steel capacity to leverage full potential of ore. Presiding over a meeting, the prim
Published 27 Nov, 2004 12:00am
Prime Minister directs initiation of iron ore exploration process

Prime Minister directs initiation of iron ore exploration process

Prime Minister Shaukat Aziz on Friday reviewed a presentation on iron ore potential in the country and directed to initiate process for iron ore exploration to build more steel capacity to leverage full potential of ore. Presiding over a meeting, the prim
Published 27 Nov, 2004 12:00am
Banks to meet agriculture credit target: SBP governor

Banks to meet agriculture credit target: SBP governor

State Bank of Pakistan (SBP) Governor Dr Ishrat Husain has expressed the hope that commercial banks will meet the target of disbursing Rs 100 billion credit to the agriculture sector this year. He said that the banks were reluctant to extend credit facili
Published 27 Nov, 2004 12:00am
Banks to meet agriculture credit target: SBP governor

Banks to meet agriculture credit target: SBP governor

State Bank of Pakistan (SBP) Governor Dr Ishrat Husain has expressed the hope that commercial banks will meet the target of disbursing Rs 100 billion credit to the agriculture sector this year. He said that the banks were reluctant to extend credit facili
Published 27 Nov, 2004 12:00am
Khokhrapar train service not possible by October 2: minister

Khokhrapar train service not possible by October 2: minister

Minister for Railways Mian Shamim Haider on Friday said at least 15 to 18 months are needed to make Khokhrapar-Munabao railway track fully operational. The minister was commenting on the statement of Indian Foreign Minister Natwar Singh that Khokhrapar-Mu
Published 27 Nov, 2004 12:00am
Khokhrapar train service not possible by October 2: minister

Khokhrapar train service not possible by October 2: minister

Minister for Railways Mian Shamim Haider on Friday said at least 15 to 18 months are needed to make Khokhrapar-Munabao railway track fully operational. The minister was commenting on the statement of Indian Foreign Minister Natwar Singh that Khokhrapar-Mu
Published 27 Nov, 2004 12:00am
WTO lets EU and others hit US with trade sanctions

WTO lets EU and others hit US with trade sanctions

The World Trade Organisation (WTO) gave final approval on Friday to the European Union, Japan and others to hit the United States with an initial $150 million in trade sanctions in a row over an illegal anti-dumping law. "They've got the go-ahead," Chairw
Published 27 Nov, 2004 12:00am
WTO lets EU and others hit US with trade sanctions

WTO lets EU and others hit US with trade sanctions

The World Trade Organisation (WTO) gave final approval on Friday to the European Union, Japan and others to hit the United States with an initial $150 million in trade sanctions in a row over an illegal anti-dumping law. "They've got the go-ahead," Chairw
Published 27 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
India test-fires Akash missile

India test-fires Akash missile

India successfully test-fired Friday a short-range surface-to-air anti-aircraft missile from a site in the eastern state of Orissa, defence sources said. The missile, named Akash which means Sky in Hindi, was fired from a mobile launcher at 12:30 pm (0700
Published 27 Nov, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (November 26, 2004).

Published 27 Nov, 2004 12:00am
India test-fires Akash missile

India test-fires Akash missile

India successfully test-fired Friday a short-range surface-to-air anti-aircraft missile from a site in the eastern state of Orissa, defence sources said. The missile, named Akash which means Sky in Hindi, was fired from a mobile launcher at 12:30 pm (0700
Published 27 Nov, 2004 12:00am