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Nov 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-01-11
How best to deal with tax-related crimes

How best to deal with tax-related crimes

According to a Business Recorder report from Islamabad in the issue of January 9, the Federal Investigation Agency has approached the Central Board of Revenue to seek concurrence with its proposal for action against the taxpayers involved in tax fr
Published 11 Jan, 2005 12:00am
An honour for State Bank Governor

An honour for State Bank Governor

The Banker Magazine of London, a subsidiary of the Financial Times, has honoured Ishrat Hussain by declaring him as the Central Bank Governor of the Year for Asia. The famous magazine arrived at the choice in view of his leadership at the helm of the Stat
Published 11 Jan, 2005 12:00am
Ministry to equip doctors with latest knowledge

Ministry to equip doctors with latest knowledge

Federal Minister for Health, Nasir Khan has said that the ministry will launch a programme "Community Oriented Medical Education" (COME), in medical colleges to train future doctors with latest knowledge. Addressing a national steering committee meeting o
Published 11 Jan, 2005 12:00am
PPPP to participate in ARD rally

PPPP to participate in ARD rally

Pakistan Peoples Party Parliamentarian (PPPP), Punjab, has said that some quarters having vested interests are spreading rumours that Asif Ali Zardari will not return back to the country. This was stated by President PPPP Punjab, Qasim Zia while talking t
Published 11 Jan, 2005 12:00am
British trade minister visits OICCI

British trade minister visits OICCI

The main function of the Overseas Investors Chamber of Commerce and Industry (OICCI) is to protect and promote the existing commercial, industrial, financial interest and promote foreign investment in the country. According to a press release, the OICCI P
Published 11 Jan, 2005 12:00am
Computer centre for blind

Computer centre for blind

A computer training and literacy centre for the blind students equipped with modern state-of-the-art facility to be inaugurated on January 13 at the Pakistan Association of the Blind (PAB) House, says a press release here on Monday.
Published 11 Jan, 2005 12:00am
Cellphones with camera not allowed inside port area

Cellphones with camera not allowed inside port area

Mobile phones with camera have been prohibited for entry into the Karachi Port area. The Port Security Force has described the act as violation of the security procedure under International Ships and Ports Security (ISPS) code. A circular issued by the Co
Published 11 Jan, 2005 12:00am
Customs Computerised System to be launched in March

Customs Computerised System to be launched in March

The Pakistan Customs Computerised System (PCCS) will be launched initially by the end of March as part of the Customs Administrative Reforms (CARE), aimed at transformation of customs into an efficient and service-oriented organisation. This was disclosed
Published 11 Jan, 2005 12:00am
The Weather

The Weather

The weather report on Monday (January 10) and the forecast for Tuesday (January 11, 2004).
Published 11 Jan, 2005 12:00am
Withdrawal of ban on two-stroke vehicles demanded

Withdrawal of ban on two-stroke vehicles demanded

All Pakistan Auto Rickshaw Manufacturers Association (APARMA) has demanded of President Pervez Musharraf to intervene and ask the Punjab government to withdraw its decision regarding ban on manufacturing of two-stroke auto rickshaws in the province. Addre
Published 11 Jan, 2005 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 11 Jan, 2005 12:00am
Doctors slam alleged rape of lady doctor

Doctors slam alleged rape of lady doctor

Doctors community, while slamming the alleged rape of a lady doctor in the Sui area, Balochistan, has urged the government to take immediate strict notice of the incident, arrest the culprits and conduct their trial in anti-terrorism court. Punjab Medical
Published 11 Jan, 2005 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 11 Jan, 2005 12:00am
Soneri Bank declares PLS profit rates

Soneri Bank declares PLS profit rates

Soneri Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on December 31, 2004.

Published 11 Jan, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Punjab University announces M Phil results

Punjab University announces M Phil results

Punjab University (PU) has announced the results of first session (2002-04) of M Phil. Programme of Centre for South Asian Studies. All the 31 candidates have been declared successful. Fareeha Sultan stood first with CGPA of 3.62.
Published 11 Jan, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
MMA wants expulsion of US envoy

MMA wants expulsion of US envoy

Deputy Secretary General Muttahida Majlis-i-Amal (MMA) and Chairman, Co-ordination Committee of All Parties Majlis-i-Amal Tahafuz Khatm-e-Nabuwat, Senator Hafiz Hussain Ahmad has demanded of the government to declare the US ambassador in Pakistan as 'pers
Published 11 Jan, 2005 12:00am
Punjab governor approves cell phone centre

Punjab governor approves cell phone centre

Punjab Governor, Lieutenant General Khalid Maqbool (Retd) has accorded approval for setting up the centre for imparting training in repair of cellular phone in the provincial metropolis. The decision was taken in a meeting held here on Monday with Distric
Published 11 Jan, 2005 12:00am
Seminar on January 11

Seminar on January 11

A non-governmental organisation "SOCH" is holding a seminar on the topic of "Enlightened, Moderate, Civil Society and Army Rule" here on Tuesday (January 11).
Published 11 Jan, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Pension fund ordinance promulgated

Pension fund ordinance promulgated

The Governor of Sindh Dr Ishratul Ibad Khan promulgated on Monday an ordinance amending Sindh Province Pension Fund Ordinance 2002 providing for setting up a board to control and manage the fund and to enter into a contract with an insurance company to gi
Published 11 Jan, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Raza Rabbani to be leader of opposition in Senate

Raza Rabbani to be leader of opposition in Senate

After keeping the matter pending for almost 22 months, the Senate Chairman Mohammedmian Soomro on Monday named the Democratic Alliance candidate Senator Mian Raza Rabbani as Leader of the Opposition in Senate. A notification by the Senate Secretariat said
Published 11 Jan, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (January 10) and for Tuesday (January 11, 2005).
Published 11 Jan, 2005 12:00am
Lawyers observe black day against dual-office

Lawyers observe black day against dual-office

The lawyers' community on Monday observed black day in protest against the decision of General Pervez Musharraf to retain both the offices of President and Chief of Army Staff (COAS). The bar associations held protest meetings, hoisted black flags on thei
Published 11 Jan, 2005 12:00am
Registration of imported vehicles

Registration of imported vehicles

The registration of imported vehicles will only be allowed after due process and scrutiny by the Incharge Motor Registration Affairs, Motor Registration Wing, Civic Centre Karachi.
Published 11 Jan, 2005 12:00am
Gilani denied passport to visit Pakistan

Gilani denied passport to visit Pakistan

The Indian and its puppet government in the Occupied Kashmir have not issued passport to the Hurriyat Conference Chairman Syed Ali Gilani to prevent him from attending Conference on Kashmir being held in Islamabad Pakistan. Kashmir Media Service reported
Published 11 Jan, 2005 12:00am
Canadian investment invited in oil and gas sector

Canadian investment invited in oil and gas sector

A four-member Canadian delegation, led by Canada's BBI International and Biofuels President Mike Bryan, called on Petroleum and Natural Resources Minister Amanullah Khan Jadoon here on Monday, and discussed with him matters pertaining to promoting alterna
Published 11 Jan, 2005 12:00am
No threat from WTO regime to textile industries

No threat from WTO regime to textile industries

Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan has said that there is no threat from World Trade Organisation (WTO) regime to textile industries as Pakistan has great potential to compete in textile market. He expressed these vi
Published 11 Jan, 2005 12:00am
Gilgit situation: ARD submits adjournment motion

Gilgit situation: ARD submits adjournment motion

The Alliance for Restoration of Democracy (ARD) has submitted an adjournment motion with the National Assembly Secretariat, seeking a discussion in the House on the prevailing situation in Gilgit. ARD Parliamentary Secretary Izhar Amrohvi told Business
Published 11 Jan, 2005 12:00am
Pakistan hails Abbas's landslide victory

Pakistan hails Abbas's landslide victory

Pakistan has welcomed election of Mahmoud Abbas as successor to late president Yasser Arafat, and called upon the international community to support and assist him in his search for 'a viable solution' to the current conflict in the Middle East. Foreign O
Published 11 Jan, 2005 12:00am
Population ministry moving to new premises

Population ministry moving to new premises

The offices of the Ministry of Population Welfare will be shifted to the secretariat after construction of the 'population house' saving Rs 3 million monthly rent paid by the government. This was stated by the Population Division Secretary Shahzada Shaikh
Published 11 Jan, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Situation remains calm, peaceful in Gilgit

Situation remains calm, peaceful in Gilgit

Deputy Commissioner Gilgit Sajid Baloch said that no untoward incident took place in Gilgit and the situation remained calm and peaceful in the area. However, a handful of anti-social elements tried to spoil the peace by spreading rumours. But the saner e
Published 11 Jan, 2005 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
ISE brokers, investors assured protection

ISE brokers, investors assured protection

Islamabad police can provide the quality service to the residents of federal capital provided the facilities of the motorway police are also being extended to them. This was stated by SSP Islamabad, Dr Sultan Azam Temuri while briefing the brokers and inv
Published 11 Jan, 2005 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
PPCBL ratings maintained

PPCBL ratings maintained

JCR-VIS Credit Rating Company Limited has maintained the entity of BB+ (Double B plus/A-Three) assigned to The Punjab Provincial Co-operative Bank Limited (PPCBL). However, ratings have been placed on "Rating Watch" in view of non-compliance of minimum pa
Published 11 Jan, 2005 12:00am
PPCBL ratings maintained

PPCBL ratings maintained

JCR-VIS Credit Rating Company Limited has maintained the entity of BB+ (Double B plus/A-Three) assigned to The Punjab Provincial Co-operative Bank Limited (PPCBL). However, ratings have been placed on "Rating Watch" in view of non-compliance of minimum pa
Published 11 Jan, 2005 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Karachi collectorates functions to be streamlined

Karachi collectorates functions to be streamlined

To facilitate the importers and exporters, the Central Board of Revenue (CBR) has decided to curtail the overlapping functions of four customs collectorates of Karachi in March 2005 as envisaged in the Customs Administrative Reform (CARE) Project.
Published 11 Jan, 2005 12:00am
PIDE seminar: farm sector profitability has not improved

PIDE seminar: farm sector profitability has not improved

Over the last two decades the profitability in agriculture sector has not improved, consequently the farmers depending only on crop income have become victims of rising poverty, says a paper read at the PIDE seminar here on Monday. However, it said that t
Published 11 Jan, 2005 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Fakhri named Safa advisor

Fakhri named Safa advisor

The Institute of Cost and management Accountants of Pakistan (ICMAP) Council member, Badruddin Fakhri, has been appointed advisor to the South Asian Federation of Accountants (Safa) for 2005. According to a ICMAP press release, during his tenure as Safa P
Published 11 Jan, 2005 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
ZTBL asked to extend ample, timely credits to farmers

ZTBL asked to extend ample, timely credits to farmers

Zarai Taraqiati Bank limited (ZTBL) should continue its efforts to reduce poverty through making the agriculture sector a self-sufficient by providing ample and timely credit to 60 million farmers. This was stated by the ZTBL President Istaqbal Mehdi whil
Published 11 Jan, 2005 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
'GDP growth rate to help eradicate poverty'

'GDP growth rate to help eradicate poverty'

Higher Gross Domestic Product (GDP) growth rate will increase chances of employment and help eradicate poverty from the country, said Pakistan Institution of Development Economics (PIDE) Director Dr A R Kamal. Speaking in a PTV programme, he said higher G
Published 11 Jan, 2005 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
ARD to set future strategy in Lahore on January 12

ARD to set future strategy in Lahore on January 12

The Alliance for Restoration Democracy (ARD) would meet on January 12 in Lahore to set a future strategy and to decide about launching an anti-government movement in the country and to get rid of military dictatorship. ARD Acting President and Pakistan De
Published 11 Jan, 2005 12:00am
Romanian envoy for private sector joint ventures

Romanian envoy for private sector joint ventures

Romanian and Pakistani private sectors should launch joint ventures to share their experiences and exploit the untapped potential of the bilateral trade. This was stated by Emil Ghitu Iescu, Ambassador of the Romania, while addressing the members of the F
Published 11 Jan, 2005 12:00am
'Uniform not a hindrance in way of democracy'

'Uniform not a hindrance in way of democracy'

Pakistan Muslim League (PML-Q) Secretary General Senator Mushahid Hussain has said the uniform is not a hindrance in way of democracy rather the current situation of the country demands that President should remain in uniform. Uniform had been a political
Published 11 Jan, 2005 12:00am
Officials urged to complete mega projects in time

Officials urged to complete mega projects in time

The Sindh Chief Secretary Muhammad Aslam Sanjrani has exhorted the officials and staff of the concerned provincial departments that besides discharging their normal official duties, they should work hard with greater dedication to fulfil their departmenta
Published 11 Jan, 2005 12:00am
THE RUPEE: modest fall seen in interbank market

THE RUPEE: modest fall seen in interbank market

The rupee on Monday reversed its weekend's weakness versus the dollar in the interbank market, gaining five paisa for buying and selling at 59.50 and 59.55, dealers said. Market sources said that the rupee managed to gain modestly on easy supply of dollar
Published 11 Jan, 2005 12:00am
Committees to monitor disbursement of SMC funds constituted

Committees to monitor disbursement of SMC funds constituted

City Nazim Karachi Naimatullah Khan on Monday announced constitution of six monitoring committees to supervise proper disbursement of School Management Committee (SMC) funds being provided to committees by the City District Government Karachi (CDGK).
Published 11 Jan, 2005 12:00am
THE RUPEE: modest fall seen in interbank market

THE RUPEE: modest fall seen in interbank market

The rupee on Monday reversed its weekend's weakness versus the dollar in the interbank market, gaining five paisa for buying and selling at 59.50 and 59.55, dealers said. Market sources said that the rupee managed to gain modestly on easy supply of dollar
Published 11 Jan, 2005 12:00am
Rao Sikandar arrives in Beijing

Rao Sikandar arrives in Beijing

Minister for Defence Rao Sikandar Iqbal arrived in Beijing on Monday on a five-day official visit on the invitation of his Chinese counterpart General Cao Gungehuan. During his stay in China, the Minister will hold meetings with the top-ranking military a
Published 11 Jan, 2005 12:00am
Three officers of Muslim Commercial Bank Faisalabad arrested

Three officers of Muslim Commercial Bank Faisalabad arrested

Under the directions of Additional Director Anti-Corruption Establishment, Faisalabad Region, Chaudhry Kabeer Ahmad Khan, Deputy Director (Prosecution) Aslam Khan Niazi has arrested three officers of Muslim Commercial Bank, Faisalabad namely Asad Ullah Kh
Published 11 Jan, 2005 12:00am
Youth urged to give priority to cause of humanity

Youth urged to give priority to cause of humanity

The speakers at a seminar on Sunday stressed that youth of the country should place the cause of humanity at its priority as globalisation age has caused adverse impacts on old values, which were used to be for the welfare of human beings. They were speak
Published 11 Jan, 2005 12:00am
Illegal telephone exchange busted

Illegal telephone exchange busted

The Telecommunication authorities busted a mini-Gateway exchange operated illegally and bypassing the PTCL's Gateway Exchange. A joint team of Pakistan Telecommunication and the PTCL Authority along with the Federal Investigation Agency (FIA) on Monday ra
Published 11 Jan, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
NAB trainee officers urged to acquire legal knowledge

NAB trainee officers urged to acquire legal knowledge

National Accountability Bureau (NAB) Chairman Lieutenant General Munir Hafeez has urged NAB trainee officers to equip themselves with good knowledge of constitutional, anti-corruption laws, investigation techniques and procedures. He stated this on Monday
Published 11 Jan, 2005 12:00am
NWFP legislators donates one-month salary for tsunami victims

NWFP legislators donates one-month salary for tsunami victims

The Speaker, provincial ministers and members of the NWFP Assembly on Monday decided to donate the salary of January for the tsunami victims as the House met here with speaker Bakht Jehan Khan in the chair. The house offered Fateha for the Muslims and obs
Published 11 Jan, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
No DCL meeting due to lack of quorum

No DCL meeting due to lack of quorum

The District Council Lahore could not continue its proceedings mainly on account of lacking quorum, pointed out by the opposition members here on Monday. Naib Nazim Lahore Farooq Amjad Meer could not preside over the meeting due to demise of his close rel
Published 11 Jan, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jan, 2005 12:00am
Human trafficking goes unchecked

Human trafficking goes unchecked

Human trafficking still continued in Pakistan even after huge loss of lives in different countries. During the year 2004, 113 Pakistanis have been killed and 2,114 were arrested or disabled, while illegally crossing to Europe, said Ulfat Hussain Kazmi, Pr
Published 11 Jan, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jan, 2005 12:00am
'WTO to bring many opportunities for Pakistani industrialists'

'WTO to bring many opportunities for Pakistani industrialists'

The enactment of the World Trade Organisation (WTO) regime would bring lot of opportunities to Pakistani industrialists and exporters in the world market, said Najam Rehan, president, Rawalpindi Chamber of Commerce and Industry (RCCI), here on Monday.
Published 11 Jan, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Jan, 2005 12:00am
LPP opposes action against tenants

LPP opposes action against tenants

Labour Party Pakistan (LPP) has demanded of the government to stop authorities concerned from occupying the lands of tenants in district Okara.
Published 11 Jan, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (January 10, 2005).

Published 11 Jan, 2005 12:00am
Judges killing case: LHC extends interim bail of DIG and others

Judges killing case: LHC extends interim bail of DIG and others

The Lahore High Court (LHC) extended the interim bail of DIG Gujranwala Malik Iqbal, District Police Officer (DPO) Sialkot, and other officials involved in killings of four judges in Sialkot jail. The court adjourned the proceedings till next date of hear
Published 11 Jan, 2005 12:00am
Dutch envoy surprises guests with 'songs from mountain'

Dutch envoy surprises guests with 'songs from mountain'

Dutch Ambassador Koninkrijk der Nederlanden, exceptionally thin and tall, is very easy to talk as representative of Holland. He is innovative and always finds attractive ways to introduce his picture postcard nation to the people in Pakistan. Early last f
Published 11 Jan, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Jan, 2005 12:00am
Anti-polio campaign begins today

Anti-polio campaign begins today

The anti-polio campaign with a view to eradicate polio from Pakistan is being launched from Tuesday, January 11 for three days all over Pakistan under the expanded programme on immunisation of the National Institute of Health, government of Pakistan. The
Published 11 Jan, 2005 12:00am
ADR panel grants relief to Multan firm

ADR panel grants relief to Multan firm

The alternate dispute resolution (ADR) committee has given exemption of principal amount of sales tax (over Rs 11 million), additional tax and penalty to a Multan-based company. The Central Board of Revenue (CBR) on Monday issued SRO.30(I)/2005 and SRO.31
Published 11 Jan, 2005 12:00am
ADR panel grants relief to Multan firm

ADR panel grants relief to Multan firm

The alternate dispute resolution (ADR) committee has given exemption of principal amount of sales tax (over Rs 11 million), additional tax and penalty to a Multan-based company. The Central Board of Revenue (CBR) on Monday issued SRO.30(I)/2005 and SRO.31
Published 11 Jan, 2005 12:00am
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