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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-04-01
FTSE erases gains to end lower as oil spike weighs

FTSE erases gains to end lower as oil spike weighs

Britain's FTSE 100 erased all its session gains to close lower on Thursday as an oil price spike back above $55 sent investors scurrying, although the market still managed to end the first quarter of 2005 with a small gain. Caterer Compass was the weakest
Published 01 Apr, 2005 12:00am
Low prices and fungus fears cut US soya sowings

Low prices and fungus fears cut US soya sowings

US farmers will reduce soyabean plantings by 2 percent this spring, reacting to low market prices and the arrival of the yield-cutting rust fungus, the government said on Thursday, but corn plantings would be the largest in 20 years. The Agriculture Depar
Published 01 Apr, 2005 12:00am
EU awards low wheat subsidy, sells stocks

EU awards low wheat subsidy, sells stocks

The European Union awarded 154,000 tonnes of free-market wheat for export on Thursday and sold a total of 63,210 tonnes from intervention stores in landlocked central European countries, officials said. The free-market wheat was sold with an export subsid
Published 01 Apr, 2005 12:00am
Oil surges $2 on prediction of 'super-spike'

Oil surges $2 on prediction of 'super-spike'

Oil hurtled back up to $56 a barrel on Thursday as Goldman Sachs bank, the biggest trader of energy derivatives, said prices could ultimately surge all the way above $100. The Goldman Sachs report strengthened gains driven by a fall in US gasoline stocks
Published 01 Apr, 2005 12:00am
Liffe coffee moves up

Liffe coffee moves up

Speculator interest and thin offers combined to push up London robusta coffee on Thursday to the highest in more than a week, traders said. Liffe's most-active May futures contract gained $7 to $1,002 a tonne after touching a session high of $1,012 - the
Published 01 Apr, 2005 12:00am
London cocoa ends at one-week high

London cocoa ends at one-week high

Liffe cocoa gained to close at the highest level in a week on Thursday after fund buyers re-emerged on both the London and New York markets, traders said. Liffe's benchmark May futures contract finished up 20 pounds, or 2.3 percent, at 877 pounds a tonne,
Published 01 Apr, 2005 12:00am
New York cotton mostly firmer

New York cotton mostly firmer

Cotton futures settled mostly firmer Thursday on speculative buying as the market gave a muted reaction to a government report on potential US cotton plantings in 2005, brokers said. The New York Board of Trade's key May contract was the only loser for th
Published 01 Apr, 2005 12:00am
Copper sets new high, lifts other LME metals

Copper sets new high, lifts other LME metals

Copper futures on the London Metal Exchange (LME) rose 1.6 percent to an all-time high of $3,308 a tonne on Thursday on fund buying and a weaker dollar, but closed off the day's high on profit-taking, traders said. After reaching the new top briefly, thre
Published 01 Apr, 2005 12:00am
Gold rises in Europe, ignores ECB sales and IMF

Gold rises in Europe, ignores ECB sales and IMF

Gold continued to gain in Europe on Thursday, paying little heed to European Central Bank (ECB) sales and remarks by the International Monetary Fund and US government on possible selling of IMF gold. "News that the ECB had sold 47 tonnes of gold and (earl
Published 01 Apr, 2005 12:00am
US MIDDAY: sugar settles up on speculative buying

US MIDDAY: sugar settles up on speculative buying

Raw sugar futures banked on steady trade and speculative buying to finish higher Thursday and analysts said the market could crawl higher on follow-through interest before the weekend. The New York Board of Trade's May raw sugar contract sprang up 0.15 ce
Published 01 Apr, 2005 12:00am
US MIDDAY: coffee higher on light roaster buying

US MIDDAY: coffee higher on light roaster buying

New York arabica coffee futures settled up but below session highs Thursday as speculator and some light roaster buying lifted the market before end of the month and quarter-end book-squaring pared the gains, brokers said. New York Board of Trade front-mo
Published 01 Apr, 2005 12:00am
US MIDDAY: wheat firms on fund buying

US MIDDAY: wheat firms on fund buying

Wheat futures at the Chicago Board of Trade were higher at mid-session on Thursday on buying by funds and spillover strength from CBOT soybeans, traders said. Buying by locals sparked a run-up to the day's highs around 11:00 am CST (1700 GMT). "Locals sta
Published 01 Apr, 2005 12:00am
US MIDDAY: corn climbs on fund buying

US MIDDAY: corn climbs on fund buying

Corn futures at the Chicago Board of Trade were up strongly early Thursday amid another buying spree from the investment fund sector, traders said. A sliding dollar and surging Reuters Commodity Research Bureau index were again cited as central to the fun
Published 01 Apr, 2005 12:00am
US MIDDAY: soya sharply up by investment funds

US MIDDAY: soya sharply up by investment funds

Soyabean futures on the Chicago Board of Trade were up sharply early Thursday with the bellwether May contract surging nearly 2.7 percent amid a fresh wave of buying by investment funds, traders said. "It's all funds, they bought the open and there was an
Published 01 Apr, 2005 12:00am
US MIDDAY: copper higher on technical buying

US MIDDAY: copper higher on technical buying

US copper futures rose early Thursday as the dollar lost ground following a tame US inflation reading, traders said. Buying intensified when funds, speculators and locals all jumped in the fray as copper prices broke above key resistance levels, a COMEX f
Published 01 Apr, 2005 12:00am
US MIDDAY: gold trims gains on fund short covering

US MIDDAY: gold trims gains on fund short covering

US gold futures briefly rose to an eight-day high early Thursday on fund short covering and scale-up trade buying, but a lack of broader trader interest and some fund selling quickly capped gains. "There has been a lot of action back and forth and we've s
Published 01 Apr, 2005 12:00am
Students' delegation visits Punjab University

Students' delegation visits Punjab University

A delegation of 41 students of Department of Mass Communication, F.G. Margalla College for Women, Islamabad led by its chairperson Qaiserah M. Alvi visited the Punjab University and called on vice-chancellor Arshad Mahmood here on Wednesday. Speaking on t
Published 01 Apr, 2005 12:00am
Seven killed in accident

Seven killed in accident

Seven persons were killed, 18 inured, six of them seriously, when a passenger bus collided head on with a pick-up near Chak Aruri on bypass linked with Jhang road here on Thursday. According to details, a passenger bus FDV-2455 on its way to Gojra from Fa
Published 01 Apr, 2005 12:00am
Study prepared for Industrial Facilitation Centre in NWFP

Study prepared for Industrial Facilitation Centre in NWFP

In pursuance of NWFP Chief Minister Akram Khan Durrani's decision to establish Industrial Facilitation Centre (IFC), the provincial government had prepared a feasibility study of the proposed project to boost industrial and trade activities in the provinc
Published 01 Apr, 2005 12:00am
15 injured in Miranshah grenade attack

15 injured in Miranshah grenade attack

At least 15 persons were injured, three of them stated to be in critical condition when some unidentified miscreants attacked the convoy of Pakistan Army with hand grenade at the main chow of Mir Ali Bazaar on Thursday. The convoy of 34-FF of Pakistan Arm
Published 01 Apr, 2005 12:00am
Pakistan and China call for promoting regional peace

Pakistan and China call for promoting regional peace

Pakistan and China called for upholding the principles of Bandung conference held in Indonesia in 1955 to ensure peace and security in the region and the world as a whole. "It is imperative to apply the principles of mutual respect, sovereignty, equality
Published 01 Apr, 2005 12:00am
Pak-Brazil trade: private sector urged to tap opportunities

Pak-Brazil trade: private sector urged to tap opportunities

Brazilian Ambassador to Pakistan Fausto M. Godoy has urged the private sector of Pakistan to come forward in tapping the marvellous opportunities of mutual trade between Brazil and Pakistan. "In spite of public sector economic activities, the private sect
Published 01 Apr, 2005 12:00am
AIOU fee collection up by 23 percent

AIOU fee collection up by 23 percent

Allama Iqbal Open University (AIOU) marked a 23 percent increase in its fees collections accumulating Rs 891.335 million in 2004-05 against an amount of Rs 725.107 million last year. While the amount of endowment fund remained Rs 1.2118 billion in 2004-05
Published 01 Apr, 2005 12:00am
60 percent cut in pharmaceutical firms budget proposed

60 percent cut in pharmaceutical firms budget proposed

Pakistan Medical Association (PMA) demanded of the government to slash 60 percent budget of pharmaceutical companies, being spent on advertisement and marketing. The association also urged the government to pay special attention to maternal mortality, as
Published 01 Apr, 2005 12:00am
Rs 745 million irregularities unearthed in Tawana Pakistan Project

Rs 745 million irregularities unearthed in Tawana Pakistan Project

The Auditor General of Pakistan has unearthed irregularities worth Rs 745 million in Tawana Pakistan Project (TPP), aimed at increasing enrolment of school-age girls in poverty stricken areas of the country. According to the audit report, the project is m
Published 01 Apr, 2005 12:00am
Australian firm's investment: a clarification

Australian firm's investment: a clarification

We would like to draw your kind attention to the above referred news published in your esteemed newspaper in the 13 March 2005 edition. May we request you to publish a clarification in your newspaper with respect to the name of the entity given in the sai
Published 01 Apr, 2005 12:00am
Scanner at Port Qasim

Scanner at Port Qasim

We have read your paper's report on 19th March 2005 and find it to be in the same convoluted vein as the earlier NLC-inspired press releases on the same topic. We wish to clarify as follows:
Published 01 Apr, 2005 12:00am
Stock exchange investment

Stock exchange investment

I endorse the views expressed by Mrs Salma Asad Rawalpindi, in your paper dated March 18, 2005. As far as COT (carry over transactions) are concerned it is purely speculative business. It attracts all the fake traders who are fond of easy money making wit
Published 01 Apr, 2005 12:00am
F-16 sale

F-16 sale

The decisive and dominant role played in modern warfare is that there should be an effective and well-equipped airforce. Our strategy, based on defence, can only be served if we seek to improve and provide the latest weaponry for use by our airforce.
Published 01 Apr, 2005 12:00am
Indians lament US neglect of 'original promise'

Indians lament US neglect of 'original promise'

In the mid 19th century, the United States forcibly removed Bill Thorne Jr.'s Cherokee ancestors from Georgia and marched them to barren Oklahoma in the middle of the United States. Only his great-grandmother survived the "Trail of Tears" that killed thou
Published 01 Apr, 2005 12:00am
Islamic bond, structure and management

Islamic bond, structure and management

Bond markets are important components of capital markets. Bonds are fixed income securities that promise the holder a specified set of payments. In effect, a bond investor has lent money to the bond issuer. In return, the issuer of the bond promises to pa
Published 01 Apr, 2005 12:00am
Meeting water-related challenges

Meeting water-related challenges

According to a Business Recorder report in the issue of March 28, the World Bank has asked the Pakistan Government to approve the National Water Policy within a month and to establish a Water Policy Cell in the Water and Power Ministry, with a view
Published 01 Apr, 2005 12:00am
Formation of a Price Committee

Formation of a Price Committee

Taking cognisance of the fact that there was no let-up in price pressures and the Consumer Price Index (CPI) is heading towards a much larger increase than the estimate figure, Prime Minister Shaukat Aziz announced the formation of a 12-member committee o
Published 01 Apr, 2005 12:00am
April 2 strike to prove referendum against government: MMA

April 2 strike to prove referendum against government: MMA

A successful strike on April 2 would prove a referendum against the rulers as people want to get rid of them, and want complete restoration of democracy and democratic institutions, said MNA Muhammad Haneef Abbasi of Muttahida Majlis-e-Amal (MMA) here on
Published 01 Apr, 2005 12:00am
CDA facing problems in getting land for service road

CDA facing problems in getting land for service road

Despite finalising the deal with the affectees of sectors I-14, 15 and 16 to get acquisition of land allocated for construction of service road, the CDA has been facing stiff resistance from the villagers, sources said on Thursday. Another bloody clash in
Published 01 Apr, 2005 12:00am
Wheel jam strike at all cost: Qazi

Wheel jam strike at all cost: Qazi

Muttahida Majlis-e-Ammal (MMA) chief, Qazi Hussain Ahmad has said that despite all immoral tactics of the government, there would be complete shutter down and wheel jam strike on Saturday, April 2. While addressing a press conference here on Thursday Qazi
Published 01 Apr, 2005 12:00am
Punjab Assembly adjourned after debate over MMA strike call

Punjab Assembly adjourned after debate over MMA strike call

Under constitution, the opposition has the right to protest but they would not be permitted to break the law of the land and force traders to take part in the shutter-down strike on April 2. Punjab Law Minister Muhammad Basharat Raja expressed these views
Published 01 Apr, 2005 12:00am
Shaukat meets Pervaiz

Shaukat meets Pervaiz

Prime Minister Shaukat Aziz on Thursday visited the Chief Minister Secretariat here and discussed matters of mutual interest with the Chief Minister Chaudhry Pervaiz Elahi. The one-on-one meeting lasted over half and hour says a hand out.
Published 01 Apr, 2005 12:00am
Dispute erupts over appointing Zakat bodies chairmen

Dispute erupts over appointing Zakat bodies chairmen

Differences cropped among the Federal Minister for Agriculture, Food, and Livestock Malik Sikandar Hayat Bosan and local MPAs on the issue of appointment of chairmen of local Zakat committees in Multan district resultantly Zakat fund of Rs 80 million coul
Published 01 Apr, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (March 31) and the forecast for Friday (April 1, 2005).
Published 01 Apr, 2005 12:00am
Prime Minister considers Punjab educational programme a model

Prime Minister considers Punjab educational programme a model

Prime Minister Shaukat Aziz has said that he considered the Punjab educational programme as a model and referred to this fact wherever he went, and apart from formal education, Punjab government was also paying due attention to vocational training of the
Published 01 Apr, 2005 12:00am
Traders Alliance to take part in April 2 strike

Traders Alliance to take part in April 2 strike

Traders Alliance Faisalabad and 125 traders organisations have unanimously announced to participate in shutter down on April 2, on the call of Muttahida Majlis-e-Amal (MMA). This was decided in a meeting of 125 organisations of traders, which was presided
Published 01 Apr, 2005 12:00am
Era of genetically modified cotton soon: Bosan

Era of genetically modified cotton soon: Bosan

Pakistani scientists have made significant headway in agricultural research and the country will enter into the era of genetically modified cotton once the bio safety guidelines are put in place. This was stated by Federal Food Minister Sikandar Hayat Bos
Published 01 Apr, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
MMA workers freed

MMA workers freed

Police have released all detained workers of the Muttahida Majlis-e-Amal (MMA) after negotiation with the leaders of business community, here on Wednesday night and given a warning that the violation of 144 would not be tolerated. It may, however, be reca
Published 01 Apr, 2005 12:00am
Key stock market movements at 1800 GMT on March 31

Key stock market movements at 1800 GMT on March 31

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 01 Apr, 2005 12:00am
Punjab Ombudsman report presented to governor

Punjab Ombudsman report presented to governor

Punjab Ombudsman, Rao Abdur Rashid Khan submitted Annual Report of his Office for the year 2004 to the Governor Punjab on Wednesday, as required by section 28 of the Punjab Office of the Ombudsman Act, 1997. This was the first report since Rao took over a
Published 01 Apr, 2005 12:00am
Writ against detention in Mukhtarn Mai case admitted

Writ against detention in Mukhtarn Mai case admitted

Justice Nazir A Siddiqui of Lahore High Court Multan Bench admitted a writ petition of 13 accused in Mukhtarn Mai gang rape case who had challenged their detention under section 3 of Maintenance of Public Order in Lahore High Court Multan Bench describing
Published 01 Apr, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Economy has achieved stability at macro level: Shaukat

Economy has achieved stability at macro level: Shaukat

Prime Minister Shaukat Aziz has said that the national economy has achieved stability at macro level, which has been made possible because of vigorously pursued financial policies and energetic efforts made by the government in this field during the last
Published 01 Apr, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (March 31) and for Friday (April 01, 2005).
Published 01 Apr, 2005 12:00am
MMA fears strike may turn violent

MMA fears strike may turn violent

Muttahida Majlis-e-Amal (MMA) has expressed fears that during April 02 countrywide strike, called by religious parties alliance, miscreants on directives from some elements in the Sindh coalition government may try to disrupt peace by setting afire vehicl
Published 01 Apr, 2005 12:00am
Karachi trade bodies turn down MMA strike call

Karachi trade bodies turn down MMA strike call

Industrials and associations making arrangements to keep their units running on April 2, 2005. They have decided not to take part in Muttahida Majlis-i-Amal (MMA) strike and to keep their units running to meet the challenges of WTO. Karachi Chamber of Com
Published 01 Apr, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Section 144 imposed for a week in Sindh

Section 144 imposed for a week in Sindh

In view of the strike call for April 2 given by the Muttahida Majlis-e-Amal (MMA), the government of Sindh has imposed Section 144 in the entire province with immediate effect. The law would remain enforced for seven days. Announcing this at a hurriedly c
Published 01 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Imam Hussain's chehlum observed with solemnity

Imam Hussain's chehlum observed with solemnity

The Chehlum of Hazrat Imam Hussain (RA) was observed here with religious fervour. The main procession was taken out from Nishtar Park and after passing through its traditional routes terminated at Hussanian Iranian on Thursday. Allama Talib Jauhari addres
Published 01 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
National College of Arts to be set up in Rawalpindi

National College of Arts to be set up in Rawalpindi

Minister for Information and Broadcasting Sheikh Rashid Ahmed on Thursday said the National College of Arts would be established in Rawalpindi for which a spacious building had been acquired. Speaking on the annual prize distribution ceremony of a private
Published 01 Apr, 2005 12:00am
Telecom revolution: no rollback of policies: minister

Telecom revolution: no rollback of policies: minister

Information Technology Minister Awais Ahmad Khan Leghari has vowed that there would be no backtracking or rollback of policies that were already beginning to bring telecom revolution in the country. "Let me assure the investors and all stakeholders that w
Published 01 Apr, 2005 12:00am
Prime Minister takes note of inflated gas billing

Prime Minister takes note of inflated gas billing

Prime Minister Shaukat Aziz has taken serious note of the increased billings by gas supplying companies to consumers, said Minister for Information and Broadcasting Sheikh Rashid Ahmed. Talking to media-persons after visiting the free medical camp for Pol
Published 01 Apr, 2005 12:00am
'Respect of human rights linked with poverty alleviation'

'Respect of human rights linked with poverty alleviation'

Pakistan's permanent representative to the United Nations, Masood Khan said on Thursday that dreams about the respect of human rights across the world will not come true until the economic and social development is ensured for poor countries. In a telepho
Published 01 Apr, 2005 12:00am
THE RUPEE: good dollar supply sustains parity

THE RUPEE: good dollar supply sustains parity

The rupee-dollar parity rates maintained their previous levels in the interbank market on Thursday for buying and selling at 59.38 and 59.40, respectively. According to the market sources, the rupee held its firmness due to strong supply of dollars, deale
Published 01 Apr, 2005 12:00am
Conference on 'Education in Pakistan' in US on April 4

Conference on 'Education in Pakistan' in US on April 4

A daylong conference on 'Reforming education in Pakistan: Constraints and opportunities' will be held on April 4, at the School of Advanced International Studies (SAIS) of the Johns Hopkins University, here. Pakistan Ambassador to the United States Jehang
Published 01 Apr, 2005 12:00am
THE RUPEE: good dollar supply sustains parity

THE RUPEE: good dollar supply sustains parity

The rupee-dollar parity rates maintained their previous levels in the interbank market on Thursday for buying and selling at 59.38 and 59.40, respectively. According to the market sources, the rupee held its firmness due to strong supply of dollars, deale
Published 01 Apr, 2005 12:00am
Doctor shot dead

Doctor shot dead

A private medical practitioner Dr Akhtar Hussain was shot dead by two masked assailants on a motor cycle in Seetal Marri area on Wednesday night. "It might be an outcome of old enmity, and we have taken a number of relatives and suspects in our custody fo
Published 01 Apr, 2005 12:00am
Earth's ecosystems crucial for economies

Earth's ecosystems crucial for economies

Earth's ecosystems were crucial for economic, social and spiritual stability, hence better conservation of the planet's life-support systems was essential for fighting poverty, delivering growth and meeting the millennium development goals. This was state
Published 01 Apr, 2005 12:00am
Five killed in accident

Five killed in accident

At least five people were killed and three injured in a head on collision between two passengers wagons, some 12 km to the west of Rawalakot on Thursday. Police sources told that a Rawalpindi bound Abbaspur wagon (RPT 6395) collided with the other wagon (
Published 01 Apr, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Government urged to introduce interest free economy

Government urged to introduce interest free economy

Former FPCCI President, Tariq Saeed has said that the government should take appropriate measures for introducing an interest free economy in the country adding that business community should also help government in this direction and primarily it should
Published 01 Apr, 2005 12:00am
IT firms urged to enhance products quality

IT firms urged to enhance products quality

Minister for Information Technology Awais Ahmad Khan Leghari on Tuesday urged Pakistani IT companies to enhance quality of their products and services to become competitive in the international market. "Entrepreneurial spirit, a can-do attitude and a pass
Published 01 Apr, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 01 Apr, 2005 12:00am
'Law violators to be booked under Anti-Terrorist Act'

'Law violators to be booked under Anti-Terrorist Act'

Federal Interior Minister Aftab Ahmed Khan Sherpao has said the government would arrest all those under anti-terrorist act trying to take law in their hands by forcing people to respond to their strike calls. "Cases will be registered under anti-terrorist
Published 01 Apr, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Asad confirmed as IG Sindh

Asad confirmed as IG Sindh

Asad Jehangir, who had been holding the office of Provincial Police Officer on acting charge, has been confirmed as Inspector General Police. A notification in this regard was issued by the Federal Government on Thursday.
Published 01 Apr, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
CNG stations to remain open on April 2

CNG stations to remain open on April 2

CNG Stations Owners Association Chairman Malik Khuda Bux has said that all CNG stations to remain open on Saturday, April 2. In a press release issued here on Thursday, he said that all services would be provided at the CNG stations on Saturday as usual.
Published 01 Apr, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2005 12:00am
PEFGA issues Rs 750 million guarantee to SMEs exporters

PEFGA issues Rs 750 million guarantee to SMEs exporters

Pakistan Export Finance Guarantee Agency Ltd (PEFGA) has so far disbursed Rs 750 million financial guarantee to small and medium enterprise (SME) exporters since the inception of this scheme. This was stated by Chief Executive of PEFGA, S. M. Zaeem while
Published 01 Apr, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2005 12:00am
'FPCCI polls held sans DTO approval'

'FPCCI polls held sans DTO approval'

The elections of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) were held without the approval of elections rules by the regulatory authority. This is the main thrust of the reply sent to the Director Trade Organisations (DTO) by FPC
Published 01 Apr, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 01 Apr, 2005 12:00am
UAE investors to visit Pakistan

UAE investors to visit Pakistan

A delegation of big investors of United Arab Emirates (UAE) will visit Pakistan soon to see the investment opportunities in jewellery, real estate housing and construction sector. Sources said that a meeting was held between Chairman, Overseas Investment
Published 01 Apr, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (March 31, 2005).

Published 01 Apr, 2005 12:00am
Symposium on forced marriages held

Symposium on forced marriages held

The British High Commission in collaboration with an NGO, Sach, held a symposium here on Thursday to highlight the issue of "forced marriages" which is a source of domestic violence, increased number of divorces, murders and social unrest. Speakers pointe
Published 01 Apr, 2005 12:00am
Mobilink launches additional dialling code

Mobilink launches additional dialling code

Mobilink, Pakistan's leading cellular services provider, has launched additional dialling code '0301' for the convenience of its customers. The new additional dialling code has given the company a new dimension, a press release issued by the company here
Published 01 Apr, 2005 12:00am
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