AIRLINK 183.77 Increased By ▲ 6.32 (3.56%)
BOP 11.26 Increased By ▲ 0.15 (1.35%)
CNERGY 8.53 Increased By ▲ 0.02 (0.24%)
CPHL 96.44 Increased By ▲ 0.20 (0.21%)
FCCL 46.17 Increased By ▲ 1.19 (2.65%)
FFL 15.75 Decreased By ▼ -0.16 (-1.01%)
FLYNG 28.36 Increased By ▲ 0.45 (1.61%)
HUBC 143.44 Increased By ▲ 1.56 (1.1%)
HUMNL 13.00 Increased By ▲ 0.01 (0.08%)
KEL 4.44 Increased By ▲ 0.01 (0.23%)
KOSM 5.77 Decreased By ▼ -0.10 (-1.7%)
MLCF 64.57 Increased By ▲ 3.81 (6.27%)
OGDC 214.08 Increased By ▲ 2.38 (1.12%)
PACE 5.97 Increased By ▲ 0.21 (3.65%)
PAEL 47.02 Increased By ▲ 0.53 (1.14%)
PIAHCLA 17.09 Decreased By ▼ -0.44 (-2.51%)
PIBTL 10.43 Decreased By ▼ -0.06 (-0.57%)
POWER 12.12 Increased By ▲ 0.28 (2.36%)
PPL 171.74 Increased By ▲ 2.06 (1.21%)
PRL 34.52 Increased By ▲ 0.01 (0.03%)
PTC 22.39 Decreased By ▼ -0.23 (-1.02%)
SEARL 92.91 Decreased By ▼ -1.10 (-1.17%)
SSGC 40.83 Increased By ▲ 1.06 (2.67%)
SYM 14.20 Increased By ▲ 0.02 (0.14%)
TELE 7.28 Decreased By ▼ -0.04 (-0.55%)
TPLP 10.01 Decreased By ▼ -0.01 (-0.1%)
TRG 66.65 Increased By ▲ 0.69 (1.05%)
WAVESAPP 10.13 Decreased By ▼ -0.19 (-1.84%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.79 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 183.77 Increased By ▲ 6.32 (3.56%)
BOP 11.26 Increased By ▲ 0.15 (1.35%)
CNERGY 8.53 Increased By ▲ 0.02 (0.24%)
CPHL 96.44 Increased By ▲ 0.20 (0.21%)
FCCL 46.17 Increased By ▲ 1.19 (2.65%)
FFL 15.75 Decreased By ▼ -0.16 (-1.01%)
FLYNG 28.36 Increased By ▲ 0.45 (1.61%)
HUBC 143.44 Increased By ▲ 1.56 (1.1%)
HUMNL 13.00 Increased By ▲ 0.01 (0.08%)
KEL 4.44 Increased By ▲ 0.01 (0.23%)
KOSM 5.77 Decreased By ▼ -0.10 (-1.7%)
MLCF 64.57 Increased By ▲ 3.81 (6.27%)
OGDC 214.08 Increased By ▲ 2.38 (1.12%)
PACE 5.97 Increased By ▲ 0.21 (3.65%)
PAEL 47.02 Increased By ▲ 0.53 (1.14%)
PIAHCLA 17.09 Decreased By ▼ -0.44 (-2.51%)
PIBTL 10.43 Decreased By ▼ -0.06 (-0.57%)
POWER 12.12 Increased By ▲ 0.28 (2.36%)
PPL 171.74 Increased By ▲ 2.06 (1.21%)
PRL 34.52 Increased By ▲ 0.01 (0.03%)
PTC 22.39 Decreased By ▼ -0.23 (-1.02%)
SEARL 92.91 Decreased By ▼ -1.10 (-1.17%)
SSGC 40.83 Increased By ▲ 1.06 (2.67%)
SYM 14.20 Increased By ▲ 0.02 (0.14%)
TELE 7.28 Decreased By ▼ -0.04 (-0.55%)
TPLP 10.01 Decreased By ▼ -0.01 (-0.1%)
TRG 66.65 Increased By ▲ 0.69 (1.05%)
WAVESAPP 10.13 Decreased By ▼ -0.19 (-1.84%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.79 Decreased By ▼ -0.01 (-0.26%)
BR100 12,516 Increased By 159.7 (1.29%)
BR30 37,952 Increased By 532.7 (1.42%)
KSE100 116,901 Increased By 881 (0.76%)
KSE30 35,933 Increased By 326.2 (0.92%)
Apr 18, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-02-19
Sindh governor and chief minister inspect Muharram arrangements

Sindh governor and chief minister inspect Muharram arrangements

Governor Sindh Dr Ishratul Ibad Khan on Friday expressed satisfaction on strict security measures for maintaining law and order situation in Muharram, saying these arrangements were better as compared to previous year. "City District Government Kar
Published 19 Feb, 2005 12:00am
Nazims replacement before polls opposed

Nazims replacement before polls opposed

Advisor to the Chief Minister of Sindh, for Local Bodies, Waseem Akhtar said on Thursday that it was not necessary the Local Bodies elections be held under the administrator or the nazim must be replaced before the polls. He was speaking at a seminar 'Is
Published 19 Feb, 2005 12:00am
Sindh government announces holiday on Monday

Sindh government announces holiday on Monday

The Sindh government has declared Monday (February 21) as holiday throughout the province of Sindh in lieu of 10th of Muharram-ul-Haram falling on Sunday for all offices, autonomous and semi-autonomous bodies, corporations and local councils under
Published 19 Feb, 2005 12:00am
'Income tax Ordinance-2001 taxpayer-friendly'

'Income tax Ordinance-2001 taxpayer-friendly'

Amjad Jamshed, income tax commissioner, Zone-E, Karachi, has said that the Income Tax Ordinance-2001 is taxpayer-friendly and accommodates all those, who file tax return either showing profits or losses under the universal self assessment scheme. He was s
Published 19 Feb, 2005 12:00am
Arbab charges sacked minister with corruption

Arbab charges sacked minister with corruption

Sindh Chief Minister Dr Arbab Ghulam Rahim has charged his erstwhile Cabinet colleague Imtiaz Sheikh with tempering of revenue record, land grabbing, accepting illegal gratification, forcible encroachment of plots of destitute, widows and orphans and gros
Published 19 Feb, 2005 12:00am
Abad critical of MCA's 'indifference' to cement cartels

Abad critical of MCA's 'indifference' to cement cartels

The Monopoly Control Authority (MCA) has been accused of showing "indifference to the formation of cartels" in the cement, which is a "very vital sector of the economy." Association of Builders and Developers (ABAD) Chairman Babar Mirza Chughtai, in a let
Published 19 Feb, 2005 12:00am
Shipments to US: exporters want to be updated by EPB

Shipments to US: exporters want to be updated by EPB

Textile exporters have demanded of the Export Promotion Bureau (EPB) to update them about the excess shipments for the US under six quota categories, held up by the Export Promotion Bureau (EPB) in November-December last year, fearing embargo and then rai
Published 19 Feb, 2005 12:00am
Indian IT firms keen to hire Pakistani experts: P@SHA chief

Indian IT firms keen to hire Pakistani experts: P@SHA chief

Some of the leading Information Technology companies of India have shown keen interest in recruiting Pakistani experts at their offices. Pakistan Software Houses Association (P@SHA) President Jehan Ara stated this, while addressing a news briefing after a
Published 19 Feb, 2005 12:00am
RCIT to set up TFC at various trade bodies

RCIT to set up TFC at various trade bodies

The Regional Commissioner of Income Tax (RCIT), Southern Region, is to set up tax facilitation centres (TFC) at various trade associations to help businessmen file their tax returns. This was stated by Additional Commissioner of Income Tax Mohammad Ali, w
Published 19 Feb, 2005 12:00am
Reap suggests increase in import duty on Kenyan tea

Reap suggests increase in import duty on Kenyan tea

The Rice Exporters Association of Pakistan (Reap) has suggested the government to increase import duty on Kenya tea and also consider import tea from other countries instead of depending only on import from Kenya. A Pakistani rice exporters delegation, le
Published 19 Feb, 2005 12:00am
Moot on fossil fuels, mineral resources

Moot on fossil fuels, mineral resources

National conference on fossil fuels and minerals resources of Sindh expected to be held by the end of February at Sindh University Campus, Jamshoro. Over 200 geologists, research scholars from the universities of Pakistan, representatives of various resea
Published 19 Feb, 2005 12:00am
Business package for Gwadar SEZ

Business package for Gwadar SEZ

At its meeting held recently with Prime Minister Shaukat Aziz in the chair, the Federal Cabinet deemed it expedient to finalise a package for industrial and business units in the Gwadar Special Economic Zone (SEZ). This has reference to formation of a com
Published 19 Feb, 2005 12:00am
RCB to hear objections on February 22

RCB to hear objections on February 22

The Rawalpindi Cantonment Board (RCB) will hear objections against the demarcation of constituencies for the forthcoming local government polls in the cantonment areas on February 22. The RCB has announced the new demarcation of the wards and union counci
Published 19 Feb, 2005 12:00am
Traders termed backbone of economy

Traders termed backbone of economy

Traders are the backbone of the economic structure of any country and by paying taxes they are playing important role to strengthen the economy of the country. Muttahida Majlis-i-Amal (MMA) leader and National Assembly member Muhammad Haneef Abbasi said h
Published 19 Feb, 2005 12:00am
PPL provides food for flood victims of Balochistan

PPL provides food for flood victims of Balochistan

Pakistan Petroleum Ltd has joined the relief efforts for the flood affected people of Balochistan and contributed 26 tons of food/other items for the purpose. The first consignment of relief goods was handed over on 18 February, 2005 to Naval authorities
Published 19 Feb, 2005 12:00am
Draft environment policy released

Draft environment policy released

Ministry of environment has released the draft environment policy for public consultation for a period of one month. The policy has been released to ensure wider public participation in finalisation of this policy, said Minister for Environment, Major Tah
Published 19 Feb, 2005 12:00am
Prime Minister orders early completion of Lahore expo centre

Prime Minister orders early completion of Lahore expo centre

Prime Minister, Shaukat Aziz, has asked the board of directors to complete Lahore expo centre project on top priority basis to have a modern and art of the technology facility to boost up trade activities in the country. He gave direction during a present
Published 19 Feb, 2005 12:00am
Shujaat calls meeting on Imtiaz Sheikh's removal today

Shujaat calls meeting on Imtiaz Sheikh's removal today

Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain has summoned an important meeting of PML here at his residence on Saturday to discuss the removal of Imtiaz Sheikh from ministership. Chaudhry Shujaat Hussain has already discussed the issue
Published 19 Feb, 2005 12:00am
'Bus service to help unite stranded Kashmiri families'

'Bus service to help unite stranded Kashmiri families'

Welcoming the recent decision to start the bus service from Srinagar to Muzaffarabad, President of Jammu and Kashmir (J&K) Muslim Conference Sardar Atiq-ur-Rehman has said that Pakistan and India need further confidence-building measures (CBMs). Addressin
Published 19 Feb, 2005 12:00am
Security concerns threaten Pak-India gas line project

Security concerns threaten Pak-India gas line project

India's quest for energy for its booming economy has revived the prospect of gas pipelines from Pakistan, part of improving relations between the former foes. But security concerns on that route for delivering Iranian gas, which are also likely to threate
Published 19 Feb, 2005 12:00am
Instaphone slashes SMS charges

Instaphone slashes SMS charges

Instaphone has reduced the charges for their short messaging services (SMS). According to a release, the company's subscribers can now SMS to other Instaphone, Insta Xcite and lnsta One users at a remarkably low rate of 50 paisa only while it will be Rs 1
Published 19 Feb, 2005 12:00am
SSGC adopts modern laser bill printing system

SSGC adopts modern laser bill printing system

The Federal Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon inaugurated a modern laser bill printing system, at the Sui Southern Gas Company (SSGC). According to a press release issued here on Friday, the new enhanced and fully integra
Published 19 Feb, 2005 12:00am
NWFP governor gives away Rs 5 million to seminaries of Fata

NWFP governor gives away Rs 5 million to seminaries of Fata

The NWFP governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) on Friday gave away cheques worth Rs 5 million to 36 religious seminaries of Fata to formally launch the introduction of formal education scheme in Denni Madaris. Fata took the lead, a
Published 19 Feb, 2005 12:00am
MMA and ARD have similar views on military: Baloch

MMA and ARD have similar views on military: Baloch

MMA and ARD, both the opposition parties alliances have unanimity that military domination on the politics should be ended and 1973 Constitution should be protected, Deputy Secretary General of the six religious parties' alliance, Liaquat Baloch told NNI
Published 19 Feb, 2005 12:00am
Journalists urged to educate people

Journalists urged to educate people

Interior Minister Aftab Ahmed Khan Sherpao on Friday called upon journalists from Tribal Areas to play their effective role in educating people, creating awareness and highlight problems being faced by the people in their area. He was talking to a delegat
Published 19 Feb, 2005 12:00am
Fire destroys departmental store; guard killed

Fire destroys departmental store; guard killed

Merchandise worth millions of rupees was reduced to ashes when fire broke out at city's leading shopping mall, H. Karim Bukhsh Departmental Store on Friday morning. A security guard, Muhammad Zafar was killed in the incident after experiencing suffocation
Published 19 Feb, 2005 12:00am
Government to ensure peace during Muharram: Shaukat

Government to ensure peace during Muharram: Shaukat

Prime Minister Shaukat Aziz said on Friday that the government was determined to ensure peace and harmony during the month of Muharram-ul-Haram enabling Muslims to fulfil their religious obligation with solemnity. He was talking to a delegation of
Published 19 Feb, 2005 12:00am
Rotary to hold centennial functions on February 23

Rotary to hold centennial functions on February 23

Rotary International, the world-wide charity, is holding its centennial functions on February 23 all over the world during which conferences, seminars, workshops and get-together parties would be arranged round the globe. In this connection, Rotary Club I
Published 19 Feb, 2005 12:00am
Inauguration of 'wastic blocks' house soon

Inauguration of 'wastic blocks' house soon

A house of prefabricated bricks, made of synthetic material will be inaugurated here on April 2, brick producers and innovators 'Gulbahao' said. According to the organisation's Managing Trustee Ms Nargis Latif, the innovative bricks named "wastic blocks"
Published 19 Feb, 2005 12:00am
Talks with Natwar: Kasuri briefs envoys of EU, G-8 and P5

Talks with Natwar: Kasuri briefs envoys of EU, G-8 and P5

Foreign Minister Khurshid Mehmud Kasuri on Friday briefed the envoys of European Union (EU), G-8 and P-5 countries on his recent talks with Indian counterpart Natwar Singh. He apprised them of the agreement between the two countries to allow travel by bus
Published 19 Feb, 2005 12:00am
Trade ties with Malaysia underlined

Trade ties with Malaysia underlined

Pakistan Industrial and Traders Associations Front (Piaf) has hope that recent visit of Malaysian Prime Minister Abdullah Badawi would help in giving boost to the economic and trade relations between Pakistan and Malaysia. Piaf Chairman, Muhammad Ali Mian
Published 19 Feb, 2005 12:00am
Marie Adelaide 50th anniversary celebrations from August

Marie Adelaide 50th anniversary celebrations from August

Marie Adelaide Leprosy Center (MALC) will be celebrating 50th anniversary of Leprosy Control Programme from August 2005 to August 2006, commemorating the journey that was initiated in 1956. The efforts that began in Karachi from a tiny shed built by the L
Published 19 Feb, 2005 12:00am
Army recruitment continues, says ISPR

Army recruitment continues, says ISPR

Recruitment in the Pakistan Army is continuing, according to a press release of Inter Services Public Relations (ISPR) here on Friday. It said apart from the process of recruitment at the Army Selection and Recruitment Centres as well as Regional Training
Published 19 Feb, 2005 12:00am
Group account of CDs participants

Group account of CDs participants

We wish to draw your kind attention towards the circular dated January, 27th 2005, prohibiting the use of a group account by CDs participants from March, 31st 2005. In this respect we submit that the circular is clearly a violation of section 3 of the Act
Published 19 Feb, 2005 12:00am
Rights of minorities

Rights of minorities

I was amazed to read a letter in your newspaper of Sulaiman Khan, which was in reply to my previous letter "the Rights of the Minorities" published in the edition of 14th December, 2004. I think the writer completely misread the meaning and purpose of tha
Published 19 Feb, 2005 12:00am
Lawmakers lament US no-show on Kyoto

Lawmakers lament US no-show on Kyoto

Fourteen US senators co-sponsored a bill Wednesday urging the United States to rejoin international negotiations to reduce greenhouse gases, as the Kyoto Protocol went into force in scores of countries around the world. The bill's chief backer, California
Published 19 Feb, 2005 12:00am
Dangers facing pro-Moscow officials in Chechnya

Dangers facing pro-Moscow officials in Chechnya

Ibragim has little education, no prospect of work and faces several years in prison after being caught red-handed robbing a shop. Sitting in a gloomy basement cell in a Grozny police station, he could be the symbol for a generation of Chechens who have mi
Published 19 Feb, 2005 12:00am
The day the dam broke in NWFP

The day the dam broke in NWFP

At the Higher Secondary School (F.Sc.) level, our English course book contained a lesson written by James Thurber about the humorous incident that took place in Ohio (an American city) on 12th March, 1913. The story was about the panic that started in the
Published 19 Feb, 2005 12:00am
Warning from FAO

Warning from FAO

An idea of how precarious the food situation has tended to become for hundreds of millions of people in the world's poorest countries has been revealed in the Food and Agriculture Organisation's report on the "State of Agricultural Commodity Markets 2004.
Published 19 Feb, 2005 12:00am
Pakistan pursuing India for Kashmir solution: Masood

Pakistan pursuing India for Kashmir solution: Masood

Foreign Office Spokesman Masood Khan on Friday said Pakistan would continue pursuing India for a durable solution to the Kashmir dispute in accordance with the aspirations of Kashmiri people. Speaking at a PTV programme, he said Kashmir was the real issue
Published 19 Feb, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (February 18) and for Saturday (February 19, 2005).
Published 19 Feb, 2005 12:00am
Early solution of Kashmir issue stressed

Early solution of Kashmir issue stressed

Federal Minister for Foreign Affairs Khurshid Mahmood Kasuri said that he has impressed upon the Indian government for an early and final settlement of the Kashmir issue in accordance with the aspirations of the people of Jammu and Kashmir. Both countries
Published 19 Feb, 2005 12:00am
Josh Maleehabadi's death anniversary on February 22

Josh Maleehabadi's death anniversary on February 22

A seminar will be held to observe the 23rd death anniversary of Urdu's noted poet, Josh Maleehabadi on Tuesday, February 22. Prominent writers will address the seminar on the topic of "Josh and Hussain". The seminar will be arranged by Josh Abadi Foundati
Published 19 Feb, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
Soomro delivers lecture at Harvard today

Soomro delivers lecture at Harvard today

Senate Chairman Muhammedmian Soomro will deliver a lecture on "emerging opportunities in Pakistan," at Harvard Business School on Saturday. Chairman Senate currently visiting United States has been invited by the Harvard Business School to attend the Harv
Published 19 Feb, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
UK Kashmiris welcome bus service

UK Kashmiris welcome bus service

British Kashmiris have welcomed the agreement between Pakistan and India on starting Muzaffarabad-Srinagar bus service in April and termed it a major confidence building measure. In their comments here on Friday they said that it would help unite the divi
Published 19 Feb, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
Kashmir peace moot on February 24

Kashmir peace moot on February 24

The two-day International Kashmir peace conference on "Peace Initiative in South Asia: Exploring Possible Options for Kashmir" will be held at the United Nations Headquarters New York on February 24 and 25. "The Conference is being held under the auspices
Published 19 Feb, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
Funds allocated for minority's sacred sites

Funds allocated for minority's sacred sites

The government is allocating funds for repair and maintenance of sacred sites/worship places of non-Muslims. A sum of Rs 1.2 million has been earmarked for the repair of Krishna Mandir on Ravi Road. Punjab Minister for Religious Affairs and Auqaf, Syed Sa
Published 19 Feb, 2005 12:00am
Gilani sees bus service, an attempt to shelve Kashmir issue

Gilani sees bus service, an attempt to shelve Kashmir issue

Chief of the Hurriyat Conference (Gilani faction), Syed Ali Gilani has opposed the Srinagar-Muzaffarabad bus service accord reached between India and Pakistan to facilitate the Kashmiris of Azad Kashmir and Occupied Kashmir to meet their relatives living
Published 19 Feb, 2005 12:00am
Workshop on gender research methodologies ends

Workshop on gender research methodologies ends

Norwegian Ambassador to Pakistan Jains Bjorn Kamavin on Friday emphasised that raising women's status should be top priority of the civil society as well as the state level initiatives. He was addressing the closing ceremony of the Capacity Building Works
Published 19 Feb, 2005 12:00am
THE RUPEE: 10 paisa fall in open market

THE RUPEE: 10 paisa fall in open market

Falling trend was seen in the open market on Friday as the rupee shed 10 paisa in a single day slide versus the greenback for buying and selling at 59.60 and 59.65, respectively. Rising demand for dollars pushed the rupee value down versus the US currency
Published 19 Feb, 2005 12:00am
Nadira Khakwani laid to rest

Nadira Khakwani laid to rest

A renowned female parliamentarian and a leader of Pakistan People's Party Begum Nadira Khakwani (79) laid to rest on Friday. She has been died after protracted illness on Thursday night. She was mother of Mrs Beelum Hasnain provincial president of PPP (wo
Published 19 Feb, 2005 12:00am
THE RUPEE: 10 paisa fall in open market

THE RUPEE: 10 paisa fall in open market

Falling trend was seen in the open market on Friday as the rupee shed 10 paisa in a single day slide versus the greenback for buying and selling at 59.60 and 59.65, respectively. Rising demand for dollars pushed the rupee value down versus the US currency
Published 19 Feb, 2005 12:00am
National Assembly body rejects PPL version on gang-rape issue

National Assembly body rejects PPL version on gang-rape issue

The National Assembly Standing Committee on Petroleum and Natural Resources on Friday rejected the Pakistan Petroleum Limited (PPL) version on gang-rape issue. The treasury as well as opposition members, during a meeting here with member national assembly
Published 19 Feb, 2005 12:00am
Wana agencies asked to expedite welfare projects

Wana agencies asked to expedite welfare projects

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has directed the political administrators of North and South Waziristan agencies to give priority to public welfare projects in completion. He also directed them to expedite the completion
Published 19 Feb, 2005 12:00am
Askari Bank's TFC issue receives excellent response

Askari Bank's TFC issue receives excellent response

Askari Bank joined the group of banks that have successfully raised tier II capital from the public by issuing TFCs of Rs 1.50 billion. The issue carries a floating rate of return at KIBOR plus 1.5 percent for eight years. The transaction received an over
Published 19 Feb, 2005 12:00am
The Weather

The Weather

The weather report on Friday (February 18) and the forecast for Saturday (February 19, 2005).
Published 19 Feb, 2005 12:00am
Askari Bank's TFC issue receives excellent response

Askari Bank's TFC issue receives excellent response

Askari Bank joined the group of banks that have successfully raised tier II capital from the public by issuing TFCs of Rs 1.50 billion. The issue carries a floating rate of return at KIBOR plus 1.5 percent for eight years. The transaction received an over
Published 19 Feb, 2005 12:00am
Key stock market movements at 1800 GMT on February 18

Key stock market movements at 1800 GMT on February 18

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 19 Feb, 2005 12:00am
10 more crisis centers for women to be opened: Adviser

10 more crisis centers for women to be opened: Adviser

Ministry of Women Development would open 10 more crisis centers in 2005-06, whereas seven centers are already working and three will be operational within three months. Adviser to the Prime Minister on Women Development, Nilofer Bakhtiar said this while a
Published 19 Feb, 2005 12:00am
New York cotton

New York cotton

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

Published 19 Feb, 2005 12:00am
ANF seizes 1,654-kg heroin, 1,359-kg opium

ANF seizes 1,654-kg heroin, 1,359-kg opium

The Anti-Narcotics Force (ANF) during one and a half months of year 2005 has seized 1654 kilograms of heroin, 1359 kilograms of opium and 3719 kilograms of hashish from drug traffickers during its campaign against drugs. This was stated in a report releas
Published 19 Feb, 2005 12:00am
New York cotton

New York cotton

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

Published 19 Feb, 2005 12:00am
Promotion of Quaid's ideals urged

Promotion of Quaid's ideals urged

The speakers including Minister for Parliamentary Affairs Dr Sher Afgan and Minister of State for Overseas Pakistanis Tariq Azeem Khan called for promoting the ideals of the father of the nation Quaid-i-Azam Muhammad Ali Jinnah for image building of the c
Published 19 Feb, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 19 Feb, 2005 12:00am
Yasir Mehmud posted in Prime Minister Secretariat

Yasir Mehmud posted in Prime Minister Secretariat

Yasir Mehmud, Information Officer, presently working with minister of state for information and broadcasting, has been posted on deputation in Prime Minister Secretariat for a period of three years. According to a notification issued on Friday, Muhammad A
Published 19 Feb, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
'Bus service will lead to Kashmir solution'

'Bus service will lead to Kashmir solution'

President Pakistan Muslim League (PML) Chaudhry Shujaat Hussain has said that Muzzafarabad-Srinagar bus service is the first step towards resolving Kashmir dispute. He was talking to the media men while sending relief goods to the rain-affected areas, her
Published 19 Feb, 2005 12:00am
Rs 150 million released for various projects

Rs 150 million released for various projects

Punjab government has released Rs 150 million for the construction of Girls Degree College in Chak Beli Khan, Rawalpindi besides various water supply and gas projects in the area. Chief Minister Punjab Chaudhry Pervaiz Ellahi during his visit to Rawalpind
Published 19 Feb, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (February 18, 2005).

Published 19 Feb, 2005 12:00am
LSE index breaches 3900

LSE index breaches 3900

Stimulated by uninterrupted buying spree, bulls continued governing the local bourse, where the LSE index made a fresh record by breaching 3900 level on last trading day of the week, with the trade volume remaining on higher side. The LSE-25 index shot up
Published 19 Feb, 2005 12:00am
New York sugar edges to firm close on trade buying

New York sugar edges to firm close on trade buying

Raw sugar futures settled slightly higher on Thursday on trade buying tied to steady consumer interest in the market, analysts said. Over the past few sessions, the market would lose ground as speculative accounts liquidated positions in the front March c
Published 19 Feb, 2005 12:00am
LSE index breaches 3900

LSE index breaches 3900

Stimulated by uninterrupted buying spree, bulls continued governing the local bourse, where the LSE index made a fresh record by breaching 3900 level on last trading day of the week, with the trade volume remaining on higher side. The LSE-25 index shot up
Published 19 Feb, 2005 12:00am
Vietnam rubber prices up on China demand, latex halt

Vietnam rubber prices up on China demand, latex halt

Vietnamese rubber prices have risen this month on stronger demand from top buyer China and a halt in domestic production, industry sources said on Friday. The Trade Ministry said Vietnam's SRV3L, the most common rubber export grade, was now shipped to Chi
Published 19 Feb, 2005 12:00am
Package proposed to lessen GSP expiry impact

Package proposed to lessen GSP expiry impact

The textile ministry has proposed a relief package with six percent cash subsidy and exemption from social security and EOBI levies for the textile's value-added sector to help it compete in the EU market, reliable sources revealed on Friday. The package,
Published 19 Feb, 2005 12:00am
Malaysian tin ends up 0.8 percent, eyes $8,000

Malaysian tin ends up 0.8 percent, eyes $8,000

Malaysian tin rebounded on Friday, helped by foreign buying and a higher price of the metal in London. Spot tin on the Kuala Lumpur Tin Market ended up $59, or 0.8 percent, at $7,924 a tonne. On Thursday, it fell 1 percent, tracking a drop in the London p
Published 19 Feb, 2005 12:00am
Package proposed to lessen GSP expiry impact

Package proposed to lessen GSP expiry impact

The textile ministry has proposed a relief package with six percent cash subsidy and exemption from social security and EOBI levies for the textile's value-added sector to help it compete in the EU market, reliable sources revealed on Friday. The package,
Published 19 Feb, 2005 12:00am
Oil inches back towards $48, trimming losses

Oil inches back towards $48, trimming losses

Oil prices drifted higher on Friday, reclaiming some of the previous day's slide after the market absorbed news of a hefty stock build in the United States. Dealers also remained on edge about possible cuts to Opec production this spring in light of fresh
Published 19 Feb, 2005 12:00am
Package proposed to lessen GSP expiry impact

Package proposed to lessen GSP expiry impact

The textile ministry has proposed a relief package with six percent cash subsidy and exemption from social security and EOBI levies for the textile''s value-added sector to help it compete in the EU market, reliable sources revealed on Friday. The package
Published 19 Feb, 2005 12:00am
China selling reins copper

China selling reins copper

Copper futures retreated on light Chinese selling on Friday, a day after rocketing more than 3 percent to a 16-year peak as a weaker US dollar attracted funds to buy the industrial metal as an alternative investment. Copper for three-month delivery on the
Published 19 Feb, 2005 12:00am
Fiscal deficit target to be maintained at 3.2 percent

Fiscal deficit target to be maintained at 3.2 percent

The federal government has decided to maintain the fiscal deficit target at 3.2 percent of the GDP during the next fiscal year, well placed sources in the World Bank (WB) told Business Recorder. "Pakistan's overall fiscal deficit target (before gra
Published 19 Feb, 2005 12:00am
Asian gold soft but sentiment upbeat on weak dollar

Asian gold soft but sentiment upbeat on weak dollar

Spot gold inched down in Asia on Friday, pressured by light corrective sales ahead of a long weekend in the United States, but underlying sentiment stayed bullish due to the dollar's weakness against the euro. Growing tensions between the United States an
Published 19 Feb, 2005 12:00am
Fiscal deficit target to be maintained at 3.2 percent

Fiscal deficit target to be maintained at 3.2 percent

The federal government has decided to maintain the fiscal deficit target at 3.2 percent of the GDP during the next fiscal year, well placed sources in the World Bank (WB) told Business Recorder. "Pakistan's overall fiscal deficit target (before gra
Published 19 Feb, 2005 12:00am
New York gold ends at three-week peak; silver extends gains

New York gold ends at three-week peak; silver extends gains

US gold futures ended at a three-week high on Thursday, lifted by a dip in the dollar, which failed to draw support from two days of congressional testimony by US Federal Reserve Chief Alan Greenspan, dealers said. Silver also gained, settling close to a
Published 19 Feb, 2005 12:00am
Fiscal deficit target to be maintained at 3.2 percent

Fiscal deficit target to be maintained at 3.2 percent

The federal government has decided to maintain the fiscal deficit target at 3.2 percent of the GDP during the next fiscal year, well placed sources in the World Bank (WB) told Business Recorder. "Pakistan''s overall fiscal deficit target (before gr
Published 19 Feb, 2005 12:00am
Tokyo gold up to highest since December, trend strong

Tokyo gold up to highest since December, trend strong

Tokyo gold futures rallied to their highest level since late December on Friday after the dollar- denominated spot price notched up solid gains, with brighter technical prospects drawing fresh purchases from fund operators. The benchmark December gold fut
Published 19 Feb, 2005 12:00am
Bulls take control of ISE

Bulls take control of ISE

Fresh bullish spree in trend-setters moved the entire ready-board in upward direction at Islamabad Stock Exchange (ISE) where bulls continued to show plus signs amid increase in index. ISE network index showed an increase of 119.10 points as the price-bas
Published 19 Feb, 2005 12:00am
New York copper rallies, closes near contract highs

New York copper rallies, closes near contract highs

US copper futures surged in late trading on Thursday, racing to new contract highs in a rally fuelled by fund buying triggered by technical signals, traders said. "A lot of late buying came in; we're still sorting it out," said one pit broker shortly afte
Published 19 Feb, 2005 12:00am
Previous Day
⇧