News Archives for Print - 2004-12-11

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

16 die in air crash near Caracas

High-ranking military officers were likely among 16 persons who died aboard a National Guard airplane when it crashed on Friday in El Junquito, 20 kilometers (12 miles) north-west of Caracas, officials said. Civil Defence director Antonio Rivero said that

Published 11 Dec, 2004 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

16 die in air crash near Caracas

High-ranking military officers were likely among 16 persons who died aboard a National Guard airplane when it crashed on Friday in El Junquito, 20 kilometers (12 miles) north-west of Caracas, officials said. Civil Defence director Antonio Rivero said that

Published 11 Dec, 2004 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Lending to be increased in 2005: NBP chief

The National Bank of Pakistan (NBP) will increase its lending during 2005 by at least 30 percent to 40 percent, especially in small and medium enterprise (SME) and agriculture sectors. NBP President Syed Ali Raza stated this, while addressing a press conf

Published 11 Dec, 2004 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Lending to be increased in 2005: NBP chief

The National Bank of Pakistan (NBP) will increase its lending during 2005 by at least 30 percent to 40 percent, especially in small and medium enterprise (SME) and agriculture sectors. NBP President Syed Ali Raza stated this, while addressing a press conf

Published 11 Dec, 2004 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

WTO-related requirements: Unctad and ITC to provide technical assistance

The United Nations Conference on Trade and Development (Unctad) and International Trade Centre (ITC) have joined hands to provide technical assistance to the developing countries including Pakistan for complying with the World Trade Organisation's (WTO) t

Published 11 Dec, 2004 12:00am

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 Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

WTO-related requirements: Unctad and ITC to provide technical assistance

The United Nations Conference on Trade and Development (Unctad) and International Trade Centre (ITC) have joined hands to provide technical assistance to the developing countries including Pakistan for complying with the World Trade Organisation's (WTO) t

Published 11 Dec, 2004 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Seven bids received for 40,000 tons wheat import

Trading Corporation of Pakistan (TCP) received seven bids at its 40,000- tonne wheat import tender at between $190.87 and $232 per tonne C&F, a company official said on Friday. "A total of nine parties submitted their offers," TCP Chairman Masood Alam Riz

Published 11 Dec, 2004 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Seven bids received for 40,000 tons wheat import

Trading Corporation of Pakistan (TCP) received seven bids at its 40,000- tonne wheat import tender at between $190.87 and $232 per tonne C&F, a company official said on Friday. "A total of nine parties submitted their offers," TCP Chairman Masood Alam Riz

Published 11 Dec, 2004 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Carpet exports sharply down in November

Carpet exports which were showing an upward trend in the last few months declined sharply in the month of November 2004, both in terms of value and volume. According to carpet industry circles, latest figures of carpet exports in November show 37 percent

Published 11 Dec, 2004 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

Carpet exports sharply down in November

Carpet exports which were showing an upward trend in the last few months declined sharply in the month of November 2004, both in terms of value and volume. According to carpet industry circles, latest figures of carpet exports in November show 37 percent

Published 11 Dec, 2004 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

ZTBL's loan facility settlement date extended

The last date to avail of loan facility settlement under recovery relief package 2004 of the Zarai Tarraqiati Bank Limited (ZTBL) has been extended and fixed at December 31. This relief package was notified and implemented by the ZTBL in pursuance of Pres

Published 11 Dec, 2004 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

ZTBL's loan facility settlement date extended

The last date to avail of loan facility settlement under recovery relief package 2004 of the Zarai Tarraqiati Bank Limited (ZTBL) has been extended and fixed at December 31. This relief package was notified and implemented by the ZTBL in pursuance of Pres

Published 11 Dec, 2004 12:00am

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 11 Dec, 2004 12:00am

Ukraine crisis stoking inflation: central bank

Ukraine's central bank dramatically raised its forecast for 2004 inflation on Friday in a strong sign of economic deterioration sparked by weeks-long political turmoil. Ukraine's economy - one of Europe's fastest-growing - has been rocked by a crisis trig

Published 11 Dec, 2004 12:00am

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 11 Dec, 2004 12:00am

SNGPL asked to announce industrial tariff

Sui Northern Gas Pipelines Limited (SNGPL) should announce industrial tariff for the food industry in Punjab like the Sui Southern Gas Company (SSGC) which announced tariff for the food industry in Sindh. Lahore Township Industries Association Chairman Ah

Published 11 Dec, 2004 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (December 10, 2004).

Published 11 Dec, 2004 12:00am

SNGPL asked to announce industrial tariff

Sui Northern Gas Pipelines Limited (SNGPL) should announce industrial tariff for the food industry in Punjab like the Sui Southern Gas Company (SSGC) which announced tariff for the food industry in Sindh. Lahore Township Industries Association Chairman Ah

Published 11 Dec, 2004 12:00am

Bridge Notes: Drury convention - a useful bridge device

Question: Please explain the Drury convention and its modified version. In what position and with what types of hands this convention is applied?

Published 11 Dec, 2004 12:00am

Rolls wins Malaysia deal to draw level in A380 race

British engine-maker Rolls-Royce hit back against its US rival on Friday in their fight to power a new breed of mammoth airliners by winning a $400 million contract with Malaysia's national carrier. Malaysian Airline System Bhd said it would fit Rolls-Roy

Published 11 Dec, 2004 12:00am

SPORTS WORLD: Aussies flexing muscles to take on Pakistan at Perth on 16th

Australian captain Ricky Ponting, along with the world's best pace and leg spin attack and a strong batting line-up in his armory, is all set to welcome the young and inexperienced Pakistan team at Perth on December 16. Of the four previous Test matches P

Published 11 Dec, 2004 12:00am

Alcatel to supply voice over IP to Telecard

French telecoms equipment maker Alcatel said on Friday it had won a contract to provide a voice over Internet protocol system for Pakistani fixed-line and wireless service provider Telecard. Alcatel described the deal in a statement as a "multi-million do

Published 11 Dec, 2004 12:00am

SPORTS WORLD: Cricketers stumble at Perth

The Pakistan cricket squad had left for Australia in a confident frame of mind despite the fact that they had to face a challenging task on their tour Down Under. The selected set has more youngsters than experienced campaigners.

Published 11 Dec, 2004 12:00am

Alcatel to supply voice over IP to Telecard

French telecoms equipment maker Alcatel said on Friday it had won a contract to provide a voice over Internet protocol system for Pakistani fixed-line and wireless service provider Telecard. Alcatel described the deal in a statement as a "multi-million do

Published 11 Dec, 2004 12:00am

TV THOUGHTS: Channels eroding our newspaper reading habits: Grim political divide: Musical challenge to our cultural values

In view of the live and recorded discussions and analyses in the realm of politics, economics, and in fact just about everything, one is inclined to suggest that the habit of reading newspapers is being eroded. An imperceptible diminishing of the desire t

Published 11 Dec, 2004 12:00am

Kashmiris mark World Human Rights Day: 100 held

Some 100 protestors marking International Human Rights Day were detained in Indian occupied Kashmir on Friday during demonstrations against abuses by Indian occupation troops, police said. More than 500 activists of All Parties Hurriyat Conference (APHC)

Published 11 Dec, 2004 12:00am

Calendar show

Calendar shows by the corporate sector is an annual feature which reminds the employees of a company their duty toward their customers and reaffirms its commitment to public service. In addition to this it creates an atmosphere of competition among the va

Published 11 Dec, 2004 12:00am

Kashmiris mark World Human Rights Day: 100 held

Some 100 protestors marking International Human Rights Day were detained in Indian occupied Kashmir on Friday during demonstrations against abuses by Indian occupation troops, police said. More than 500 activists of All Parties Hurriyat Conference (APHC)

Published 11 Dec, 2004 12:00am

A fiesta of melodic ghazals

The tastefully decorated, beautiful auditorium of Finance and Trade Centre in Karachi, on November 26, 2004 served as the venue for an enjoyable fiesta of ghazal singing in which about a dozen senior and up-and-coming Karachi-based exponents of

Published 11 Dec, 2004 12:00am

US growth to slow in 2005 as rates rise: Blue Chip

Rising interest rates will crimp US consumer spending and housing next year, but a surge in business investment should keep economic growth on track, top forecasters said in a survey on Friday. Economists polled in the Blue Chip Economic Indicators newsle
Published 11 Dec, 2004 12:00am

Lahore Cultural Diary: More than one could take

The World Performing Arts Festival 2004, a presentation of the Rafi Peer Theatre Workshop (RPTW) was in full bloom during the week ending December 5. There were a large number of other cultural activities in Lahore during the week, which were nearly eclip
Published 11 Dec, 2004 12:00am

Indian October industrial output strongest in 2004

Indian industrial output grew at its strongest pace this year in October, data showed on Friday, and analysts said they expected growth to gather momentum in the months ahead. Output rose 10.1 percent in October from 12 months earlier, compared with a upw
Published 11 Dec, 2004 12:00am

Rampaging HIV/AIDS among women and girls

World AIDS Day this year focuses on the alarming rise of women and girls with HIV and AIDS. No one is immune to HIV/AIDS. But some people are at greater risk of getting infected by the AIDS virus than others like women and girls. Of the 39.4 million peopl
Published 11 Dec, 2004 12:00am

Yahoo to begin testing desktop search in January

Yahoo Inc said on Thursday it will begin testing a free desktop search service in early January, following rivals hoping to extend the reach of wildly profitable search-related advertising. Desktop search, which helps excavate information buried on comput
Published 11 Dec, 2004 12:00am

Capital Cultural Scene: Hectic activities all around

The week started with preparations in full swing for the International Confer-ence on Volunteerism and Millennium Development Goals (MDG's) taking place from December 5 to 7, 2004. The Red Crescent had to present its case study, participate in the inaugur
Published 11 Dec, 2004 12:00am

Volkswagen recalls 290,000 cars world-wide

Europe's largest carmaker Volkswagen recalled 290,000 diesel-powered cars world-wide due to engine problems that could lead to a fuel leakage, the company said on Friday. Volkswagen said it is recalling VW, Audi, Seat and Skoda cars equipped with three or
Published 11 Dec, 2004 12:00am

LITERARY NOTES: International Iqbal seminars

AICA (International Association of Art Critics) Pakistan Chapter's International Seminar entitled "Mapping the Change" was a big success. Speakers from more than 10 countries - participated in the deliberations on the topics "Globalisation of Art", "Strat
Published 11 Dec, 2004 12:00am

Hewlett-Packard rolls out ultra-low priced PC in China

Hewlett-Packard Co, the world's number-two PC maker, said on Friday it has launched a 3,999 yuan ($483) computer in China, turning up the heat in the intensely competitive market. The price matches that for a similar bare-bones model rolled out earlier th
Published 11 Dec, 2004 12:00am

All in a day's work! - Friends not beggars!

What's the latest?
Published 11 Dec, 2004 12:00am

Supply of goods, services: CBR seeks comments on sales tax waiver draft rules

The Ministry of Finance is to allow sales tax-free supply of goods and services to the manufacturers-cum-exporters of textiles, exporting not less than 80 percent of their manufactured products. The Central Board of Revenue (CBR) has circulated the draft
Published 11 Dec, 2004 12:00am

My friend Yasser Arafat & days of the civil war - I

First meeting with Arafat, 1973: Arafat summoneed me to give me a dressing down on the harm the Pakistani elements in Amman had done to the Palestinians in September 1970. They had started to suspect that this time too Pakistan might join the 'conspiracy'
Published 11 Dec, 2004 12:00am

Supply of goods, services: CBR seeks comments on sales tax waiver draft rules

The Ministry of Finance is to allow sales tax-free supply of goods and services to the manufacturers-cum-exporters of textiles, exporting not less than 80 percent of their manufactured products. The Central Board of Revenue (CBR) has circulated the draft
Published 11 Dec, 2004 12:00am

CURRENT TOPICS: What's gone wrong?

At the beginning of the current year following the Pak-India summit in Islamabad, the widespread feeling in the two countries was that we had buried the hatchet for good and set out to live together happily. Now in December after taking a tortuous full ci
Published 11 Dec, 2004 12:00am

Sindh PSMA at loggerheads with parent body

Pakistan Sugar Mills Association (PSMA) Sindh zone is at loggerheads with the central PSMA office on sugarcane pricing formula for proposed linking up of minimum sugarcane price with sugar rates, it is learnt. Industry sources said that PSMA Sindh zone is
Published 11 Dec, 2004 12:00am

An intellectual approach to religion

First I want to explain, perhaps justify, my approach to the religion of Islam, particularly with reference to my most recent book, Remembering God; secondly, to reflect on the burning issue of our time, the position of Muslim communities living as minori
Published 11 Dec, 2004 12:00am

Sindh PSMA at loggerheads with parent body

Pakistan Sugar Mills Association (PSMA) Sindh zone is at loggerheads with the central PSMA office on sugarcane pricing formula for proposed linking up of minimum sugarcane price with sugar rates, it is learnt. Industry sources said that PSMA Sindh zone is
Published 11 Dec, 2004 12:00am

ARTICLE: Businessmen Forum A Class Association Candidates for FPCCI Election 2005-2006.

Pakistan Cotton Fashion Apparel Manufacturers & Export Association
Published 11 Dec, 2004 12:00am

Prime Minister orders visa to investors at airports

Prime Minister Shaukat Aziz has directed Interior Ministry to issue visa to businessmen and investors of friendly countries, at airports and other entry points, who come to Pakistan on business trips, official sources told Business Recorder here on
Published 11 Dec, 2004 12:00am

Manifesto for Change

Federation of Pakistan Chambers of Commerce and Industry FPCCI is Apex Body of the Private Sector. We, the Businessmen Forum present its Agenda for change. Group will ensure its best to implements its agenda in shortest possible time.
Published 11 Dec, 2004 12:00am

Prime Minister orders visa to investors at airports

Prime Minister Shaukat Aziz has directed Interior Ministry to issue visa to businessmen and investors of friendly countries, at airports and other entry points, who come to Pakistan on business trips, official sources told Business Recorder here on
Published 11 Dec, 2004 12:00am

Message from Sardar Muhammad Ashraf Khan

Businessmen Forum BMF has nominated me for the president ship of FPCCI. BMF, since last few years striving hard to bring transparency in the affairs of Apex Trade Body of the Private Sector.
Published 11 Dec, 2004 12:00am

Opec confirms output cut

Opec oil producers have agreed to reduce oil output by one million barrels a day from January 1, while leaving official production quotas unchanged, the cartel confirmed in a statement. "In order to prevent oil prices continuing to deteriorate to an undes
Published 11 Dec, 2004 12:00am

Brief Profile of Sardar Muhammad Ashraf Khan - BMF Candidate for FPCCI President for the year 2005- 2006

Brief profile of Sardar Muhammad Ashraf Khan - BMF Candidate for FPCCI President for the year 2005- 2006.
Published 11 Dec, 2004 12:00am

Opec confirms output cut

Opec oil producers have agreed to reduce oil output by one million barrels a day from January 1, while leaving official production quotas unchanged, the cartel confirmed in a statement. "In order to prevent oil prices continuing to deteriorate to an undes
Published 11 Dec, 2004 12:00am

Vote For Sardar Muhammad Ashraf Khan - Candidate from Businessmen Forum for FPCCI President the year 2005- 2006

Business forum has the pleasure to put up Sardar Mohammad Ashraf Khan as its candidate for the president ship of FPCCI for the year 2005-2006. Sardar Ashraf is well known person in business circles all over the country, has been associated with FPCCI affa
Published 11 Dec, 2004 12:00am

Pakistan to tap debt market twice in 2005

Pakistan, which recently ended its IMF loan programme, plans to tap the international debt markets twice in 2005, hoping it will get cheap borrowing on the back of the country''s strong economic fundamentals. "We will be floating another global bond in 20
Published 11 Dec, 2004 12:00am

EU may delay WTO sugar ruling appeal

The European Union may delay appealing against a world trade panel ruling on its sugar regime by one month, with the agreement of the three countries that filed the original complaint, a document showed on Thursday. The EU had been expected to appeal on o
Published 11 Dec, 2004 12:00am

Pakistan to tap debt market twice in 2005

Pakistan, which recently ended its IMF loan programme, plans to tap the international debt markets twice in 2005, hoping it will get cheap borrowing on the back of the country's strong economic fundamentals. "We will be floating another global bond in 200
Published 11 Dec, 2004 12:00am

New York cocoa dips on speculative selling

New York cocoa futures weakened on Thursday for the third day in a row, sparked by a resumption of speculative selling on further dollar recovery in the session, traders said. New York Board of Trade's most-active March cocoa slid $12 to settle at $1,638
Published 11 Dec, 2004 12:00am

Pakistan to tap debt market twice in 2005

Pakistan, which recently ended its IMF loan programme, plans to tap the international debt markets twice in 2005, hoping it will get cheap borrowing on the back of the country's strong economic fundamentals. "We will be floating another global bond in 200
Published 11 Dec, 2004 12:00am

New York coffee eases on speculative profit-taking

Arabica coffee futures softened on speculative profit-taking on Thursday after news that major US roaster Folgers hiked the bulk of its retail coffee prices, said traders and analysts. The New York Board of Trade's most-active March arabica contract eased
Published 11 Dec, 2004 12:00am

ISE equities retreat

It was reversed situation at the Islamabad Stock Exchange on Friday where equities showed fragile trend amid sharp reduction in the index. ISE network index showed reduction of 70.95 points as the price-based indicator moved down from 12,201.13 to 12,130.
Published 11 Dec, 2004 12:00am

Folgers lifts ground coffee prices by 14 percent

Folgers, a brand of Procter & Gamble Co, boosted the price of its roast-and-ground coffee by 14 percent on Thursday, affecting about 75 percent of the company's retail coffee line. Citing rising coffee prices for green beans, a company spokeswoman said th
Published 11 Dec, 2004 12:00am

ISE equities retreat

It was reversed situation at the Islamabad Stock Exchange on Friday where equities showed fragile trend amid sharp reduction in the index. ISE network index showed reduction of 70.95 points as the price-based indicator moved down from 12,201.13 to 12,130.
Published 11 Dec, 2004 12:00am

US cotton weekly export sales highlights: USDA

USDA cotton export sales highlights for latest reporting week. Net Upland sales of 339,300 RB-a marketing-year high-were 81 percent above the week earlier and 64 percent over the prior 4-week average. Canada (131,600 RB) was the major buyer, with smaller
Published 11 Dec, 2004 12:00am

LSE index down 23.25 points

The local share market failed to maintain bullishness prevailing since start of the week on Lahore Stock Exchange (LSE), where stocks slipped on the last trading day of the week, mainly because of profit-taking from institutional side, which forced the in
Published 11 Dec, 2004 12:00am

Willstrop downs Ricketts to win Pakistan Open

James Willstrop of England won the Pakistan open squash championship here on Friday after beating Australian Anthony Ricketts in a hard fought four-game final. The 21-year-old Willstrop, who won the world junior title two years ago, won 6-11, 11-9, 13-11,
Published 11 Dec, 2004 12:00am

LSE index down 23.25 points

The local share market failed to maintain bullishness prevailing since start of the week on Lahore Stock Exchange (LSE), where stocks slipped on the last trading day of the week, mainly because of profit-taking from institutional side, which forced the in
Published 11 Dec, 2004 12:00am

Richardson retires

New Zealand opening batsman Mark Richardson announced his retirement from cricket on Friday after returning home from a fruitless tour to Australia. Richardson, 33, who made the announcement at a press conference in Christchurch, had a woeful Test series
Published 11 Dec, 2004 12:00am

KSE: technical correction whips bulls

The much-awaited technical correction was witnessed at Karachi Stock Exchange (KSE) on the last working session the week on Friday because of overbought situation after badla investment reached new highs. The KSE-100 index showed a decline of 37.67 points
Published 11 Dec, 2004 12:00am

Aussie team for 1st Test against Pakistan

Australia on Friday named an unchanged 12-man squad for the first cricket Test against Pakistan starting in Perth on December 16.
Published 11 Dec, 2004 12:00am

KSE: technical correction whips bulls

The much-awaited technical correction was witnessed at Karachi Stock Exchange (KSE) on the last working session the week on Friday because of overbought situation after badla investment reached new highs. The KSE-100 index showed a decline of 37.67 points
Published 11 Dec, 2004 12:00am

Rain washes out Chappell-Hadlee one-day decider

Rain washed out the Chappell-Hadlee Trophy one-day cricket series decider between Australia and New Zealand without a ball bowled at the Gabba here on Friday. The inaugural series will finish all-square at one-all after New Zealand took the series opener
Published 11 Dec, 2004 12:00am

Government confused over Kapco ''special dividend''

The government is confused over the provision of '' special dividend'' to investors for the sale of 20 percent additional shares of Kot Adu Power Company (Kapco), sources in Privatisation Commission told Business Recorder. "The idea of ''special di
Published 11 Dec, 2004 12:00am

Pathan scalps five as Bangladesh fall cheaply

Indian paceman Irfan Pathan grabbed his maiden five-wicket haul as Bangladesh were bowled out for 184 on the shortened first day of the first Test on Friday. Leg spinner Anil Kumble also grabbed the limelight to break Kapil Dev's Indian record for test wi
Published 11 Dec, 2004 12:00am

Government confused over Kapco 'special dividend'

The government is confused over the provision of ' special dividend' to investors for the sale of 20 percent additional shares of Kot Adu Power Company (Kapco), sources in Privatisation Commission told Business Recorder. "The idea of 'special divid
Published 11 Dec, 2004 12:00am

Lee presents selection headache ahead of Pakistan Test

Australian skipper Ricky Ponting believes express bowler Brett Lee is close to his best in the run-up to next week's first cricket Test against Pakistan in Perth. Ponting admitted the world champions would seriously consider axing a batsman to make way fo
Published 11 Dec, 2004 12:00am

Government confused over Kapco 'special dividend'

The government is confused over the provision of ' special dividend' to investors for the sale of 20 percent additional shares of Kot Adu Power Company (Kapco), sources in Privatisation Commission told Business Recorder. "The idea of 'special divid
Published 11 Dec, 2004 12:00am

Pakistan on the ropes in tour match

Pakistan were facing an uphill battle in their final hit-out before next week's Test after falling 138 runs behind Western Australia at stumps on the second day of their four-day match on Friday. After being dismissed in its first innings for 262, Pakista
Published 11 Dec, 2004 12:00am

CJ to propose names for new Supreme Court Judges

Chief Justice Nazim Hussain Siddiqui is to propose three or more names to President Pervez Musharraf to fill in three vacancies on the Supreme Court. He told journalists after the farewell reference on Friday for Justice Syed Deedar Hussain Shah on his re
Published 11 Dec, 2004 12:00am

Spain crush Pakistan to make first ever Champions Trophy final

Spain stormed into the final of the men's Champions Trophy hockey for the first time with an emphatic 3-0 victory over Pakistan here on Friday. Some 20,000 home fans, who turned up at the National Hockey Stadium despite the early 9:00 am start, walked out
Published 11 Dec, 2004 12:00am

CJ to propose names for new Supreme Court Judges

Chief Justice Nazim Hussain Siddiqui is to propose three or more names to President Pervez Musharraf to fill in three vacancies on the Supreme Court. He told journalists after the farewell reference on Friday for Justice Syed Deedar Hussain Shah on his re
Published 11 Dec, 2004 12:00am

Abad for constant watch on iron and steel prices

Association of Builders and Developers (Abad) Chairman Babar Mirza Chughtai has urged Federal Minister for Industries and Production Jehangir Khan Tareen, to device a mechanism to keep a constant watch on the rising trend in the prices of iron and steel i
Published 11 Dec, 2004 12:00am

Banks asked to set up offices in Gwadar

Prime Minister Shaukat Aziz on Friday directed the banks and other national institutions to set up offices in Gwadar so that the port may start contributing to the national economy. He was chairing a high-level meeting to review the progress on the projec
Published 11 Dec, 2004 12:00am

Pakistan's trade liberalisation policies lauded

A western scholar and intellectual, A K Enamul Haq stated that Pakistan's trade liberalisation policies linked with WTO aimed at economic development, increase in per capita GDP, decrease income inequalities, poverty and unemployment. He was addressing a
Published 11 Dec, 2004 12:00am

Banks asked to set up offices in Gwadar

Prime Minister Shaukat Aziz on Friday directed the banks and other national institutions to set up offices in Gwadar so that the port may start contributing to the national economy. He was chairing a high-level meeting to review the progress on the projec
Published 11 Dec, 2004 12:00am

NWFP health institutions asked to get registered

The NWFP government has directed all qualified medical practitioners registered with Pakistan Medical Council, Homeopathic Council or Tibb Council to register themselves with the Health Regulatory Authority (HRA) of the province for next calendar year. Th
Published 11 Dec, 2004 12:00am

Japanese film festival begins

A Japanese film festival showing English subtitled versions of five Japanese films was inaugurated on Friday by Kamran Lashari, Chairman, Capital Development Authority (CDA). H.E. Nobuaki Tanaka, Ambassador of Japan to Pakistan, also graced the occasion w
Published 11 Dec, 2004 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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