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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-07-17
THE RUPEE: rates stable in interbank

THE RUPEE: rates stable in interbank

Firmer trend was seen in the inter-bank market on Saturday as the rupee held its overnight levels versus the dollar for buying and selling at 59.61 and 59.63, respectively. Easy supply of dollar helped the rupee to retain its steadier trend in the process
Published 17 Jul, 2005 12:00am
CBOT rice rallies on tech buying

CBOT rice rallies on tech buying

Chicago Board of Trade rough rice futures rallied on Friday after falling into oversold technical territory, traders said. Providing underlying support was this week's news that Iraq agreed to buy more US rice, 240,000 tonnes. July rice closed 20 cents hi
Published 17 Jul, 2005 12:00am
New York coffee futures buckle on speculative selling

New York coffee futures buckle on speculative selling

US arabica coffee futures prices closed in negative territory on Friday, with speculative selling erasing the previous session's gains of more than 3 percent, traders said. The New York Board of Trade's most-active September arabica contract finished down
Published 17 Jul, 2005 12:00am
New York copper futures higher on fundamentals

New York copper futures higher on fundamentals

New York copper futures finished firmer on Friday as bullish fundamentals continued to support prices, but brokers noted the market did not seem to have great follow-through and may continue to trade range-bound in the slower summer demand period.
Published 17 Jul, 2005 12:00am
German farmers forecast lower barley harvest

German farmers forecast lower barley harvest

Germany's 2005 barley harvest is likely to fall by 10-15 percent from the 13 million tonnes harvested last year, farmers' association DBV said on Friday. The wheat harvest would fall short of last year's record 25.3 million tonnes, the DBV said in its fir
Published 17 Jul, 2005 12:00am
Bush and textile lawmakers deal likely soon

Bush and textile lawmakers deal likely soon

A small group of textile state lawmakers could reach a deal with the Bush administration as early as next week that would secure their vote for a free trade agreement with Central America, South Carolina Republican Rep. Bob Inglis said on Friday. "I'd ver
Published 17 Jul, 2005 12:00am
Australian wool market closes weaker

Australian wool market closes weaker

The Australian wool market lost ground this week in the last sales prior to the mid-year recess, weighed by the Australian dollar's recovery from last week's lows. The AWEX Eastern Market Indicator (EMI) fell eight cents to finish the week at 727 cents a
Published 17 Jul, 2005 12:00am
Wheat seeding area in Buenos Aires shrinks

Wheat seeding area in Buenos Aires shrinks

The pace of wheat seedings in Argentina's top grower Buenos Aires province lags well behind last year's tempo, and the government reiterated on Friday that total wheat area could shrink. In Buenos Aires, where 60 percent of Argentina's wheat is produced,
Published 17 Jul, 2005 12:00am
Iraq to sign oil for products deal with Iran

Iraq to sign oil for products deal with Iran

Iraq hopes to sign a preliminary deal with Iran on Monday to exchange crude oil for products through a twin pipeline, Iraqi Oil Minister Ibrahim Bahr al-Uloum said on Saturday. Iraq plans to supply up to 150,000 barrels per day (bpd) of crude to Abadan re
Published 17 Jul, 2005 12:00am
Iranian investment deal under fire

Iranian investment deal under fire

A major petrochemicals deal, viewed as a test of whether Iran is ready for foreign investment, came under fire on Saturday from hard-line parliamentarians who have already scuppered other contracts. German industrial gases firm Linde and South Korea's Hyu
Published 17 Jul, 2005 12:00am
Saudi Arabia gives non-oil exports $4 billion boost

Saudi Arabia gives non-oil exports $4 billion boost

Saudi Arabia allocated 15 billion riyals ($4 billion) on Saturday towards a credit and guarantee programme to develop its non-oil exports. Finance Minister Ibrahim al-Assaf said the money will be made available to the Saudi Export Programme which has help
Published 17 Jul, 2005 12:00am
Unocal remains in talks with CNOOC

Unocal remains in talks with CNOOC

US oil producer Unocal Corp remains in talks with CNOOC Ltd over a fine-tuned $18.5 billion counter bid from the state-run Chinese company, people close to the situation said on Saturday. CNOOC is trying to persuade Unocal's board to switch backing to its
Published 17 Jul, 2005 12:00am
Three US firms sued over child labour claims

Three US firms sued over child labour claims

A human rights group has sued three US companies in federal court in Los Angeles to force them to step up efforts to end child labour on African farms that supply cocoa beans used to make chocolate products.
Published 17 Jul, 2005 12:00am
Chinese central bank to set up firm to clear bad loans

Chinese central bank to set up firm to clear bad loans

The People's Bank of China, the country's central bank, will set up an asset management corporation to clear its bad loans, the China Daily newspaper said on Saturday quoting market sources. The bank has issued reloans worth 1.8 trillion yuan ($217.5 bill
Published 17 Jul, 2005 12:00am
Bangladesh mill workers enforce strike

Bangladesh mill workers enforce strike

Train and port services were disrupted in Bangladesh on Saturday and shops and businesses shut down as a strike against privatisation of textile mills took hold in much of the country. Thousands of policemen were guarding industrial units in and around th
Published 17 Jul, 2005 12:00am
Malawi passes budget crucial for IMF aid

Malawi passes budget crucial for IMF aid

Malawi's parliament passed the 2005/06 budget bill late on Friday, a key step towards securing new International Monetary Fund (IMF) aid. The 2005/06 budget aims to reduce the country's budget deficit to one percent of gross domestic product from three pe
Published 17 Jul, 2005 12:00am
Nepal raises budget allocation for security spending

Nepal raises budget allocation for security spending

Nepal's government raised security spending for 2005/06 on Saturday to boost its fight against Maoist rebels in its first budget since King Gyanendra seized power more than five months ago. The budget allocated 18.48 billion Nepali rupees ($261.38 million
Published 17 Jul, 2005 12:00am
Nigeria jails woman in email fraud case

Nigeria jails woman in email fraud case

A Nigerian court has sentenced a woman to two and half years in jail after she pleaded guilty to fraud charges in the country's biggest e-mail scam case, the anti-fraud agency said on Saturday. Amaka Anajemba, one of three suspects in a $242 million fraud
Published 17 Jul, 2005 12:00am
Philippine banks' bad loan ratio dips

Philippine banks' bad loan ratio dips

The ratio of bad loans at Philippine commercial banks fell to 10.95 percent of total loans as of the end of May, down from the revised 11.24 percent in April, the central bank said. Philippine banks' non-performing loan (NPL) ratio in May was also down 2.
Published 17 Jul, 2005 12:00am
Japan needs smaller government as population shrinks: report

Japan needs smaller government as population shrinks: report

Japan needs to have a smaller government with tight spending and less regulation as the nation's population is set to start shrinking from 2007, a government report said Friday. "It is the people's choice in the end whether Japan will seek a US-style 'sma
Published 17 Jul, 2005 12:00am
Myanmar signs $125 million hydropower deal with Chinese group

Myanmar signs $125 million hydropower deal with Chinese group

Myanmar has agreed to buy $125 million worth of Chinese equipment for its 790-megawatt Yeywa hydroelectric dam, one of several projects aimed at easing the country's acute power shortages, officials said on Saturday.
Published 17 Jul, 2005 12:00am
EU to take first step to single mortgage market

EU to take first step to single mortgage market

The European Commission will outline modest suggestions to create a single European Union market in mortgages next week, such as consumer protection measures and how lenders tap markets for money, industry insiders said on Friday. The European Union execu
Published 17 Jul, 2005 12:00am
Blair urges 'battle of ideas' to defeat al Qaeda

Blair urges 'battle of ideas' to defeat al Qaeda

British Prime Minister Tony Blair called on Saturday for a hearts and minds struggle against the "evil ideology" of al Qaeda as the death toll from last week's London subway and bus bombings rose to 55. "We must pull this up by the roots. Within Britain,
Published 17 Jul, 2005 12:00am
Identity confirmed of two London suicide bomb suspects

Identity confirmed of two London suicide bomb suspects

British police on Saturday confirmed the identity of the last two London suicide bomb suspects, as Mohammed Sidique Khan and Germaine Lindsay. "We can now confirm the identity of a third man who travelled from West Yorkshire and who died in the explosion
Published 17 Jul, 2005 12:00am
Biblical remains, Macau added to UN heritage list

Biblical remains, Macau added to UN heritage list

Biblical-era archaeological remains, the Chinese island of Macau and a war-ravaged Bosnian bridge were among 17 cultural sites added to the UN's World Heritage list this week. UNESCO, the UN environmental and cultural body, also added a Belgian renaissanc
Published 17 Jul, 2005 12:00am
New Harry Potter adventure flies off the shelves

New Harry Potter adventure flies off the shelves

The sixth instalment in the Harry Potter series went on sale and flew off shelves around the world on Saturday, ending months of marketing hype that look set to make it the fastest-selling book ever. Publishers say up to 10 million copies of "Harry Potter
Published 17 Jul, 2005 12:00am
Arroyo supporters upstage foes

Arroyo supporters upstage foes

Supporters of the Philippine president poured into a park in the capital on Saturday for a much-needed show of strength that upstaged a recent rally by 30,000 protesters demanding she step down. Police said about 120,000 people, many from government offic
Published 17 Jul, 2005 12:00am
Iraqi Prime Minister calls for end to differences

Iraqi Prime Minister calls for end to differences

Iraqi Prime Minister Ibrahim Jaafari arrived in Iran Saturday on the first such visit to the former bitter enemy since the fall of Saddam Hussein, calling for the two countries to settle their differences. "Whether we like it or not, we are neighbours, an
Published 17 Jul, 2005 12:00am
Taleban hang Afghan tribal chief

Taleban hang Afghan tribal chief

Taleban guerrillas hanged a pro-government tribal chief in the troubled southern Afghan province of Zabul, accusing him of being an American spy, officials said on Saturday. Malik Agha's killing was the fifth in the past six weeks and came as violence mou
Published 17 Jul, 2005 12:00am
Another 20 Afghan prisoners freed

Another 20 Afghan prisoners freed

The US military Saturday released another batch of 20 Afghan prisoners from its main detention centre, where four al Qaeda-linked Arab militants escaped last week, officials said. The release was the fourth under a government scheme to promote national re
Published 17 Jul, 2005 12:00am
'Zawahiri trained by Russian secret service'

'Zawahiri trained by Russian secret service'

Al Qaeda's number two was trained by Russia's secret service and served as a KGB agent before becoming Osama Bin Laden's right-hand man, a former KGB secret agent told Poland's Rzeczpospolita newspaper on Saturday. "Ayman al-Zawahiri trained at a Federal
Published 17 Jul, 2005 12:00am
Russian helicopter crashes; 8 killed

Russian helicopter crashes; 8 killed

A Russian Mi-8 helicopter crashed in Chechnya killing eight people on Saturday, Russian news agencies reported, at least the third fatal Mi-8 crash in the rebel province this year. "Three crew members and five passengers from the Tuzkharoi border division
Published 17 Jul, 2005 12:00am
Six of the best from Muralitharan as Sri Lanka thrash West Indies

Six of the best from Muralitharan as Sri Lanka thrash West Indies

Muttiah Muralitharan grabbed six for 36 on his return to international cricket after almost a year as Sri Lanka thumped the weakened West Indies by six wickets in the first cricket Test here on Saturday. The off-spinner, out of action for 11 months due to
Published 17 Jul, 2005 12:00am
Saltman is new Scottish hope in golf

Saltman is new Scottish hope in golf

Colin Montgomerie may have been carrying Scottish hopes once again in the British Open on Saturday, but the emergence of a new teenage hope had the crowds in a lather. Lloyd Saltman, a 19-year-old amateur from Edinburgh, shot a tremendous 68 in his third
Published 17 Jul, 2005 12:00am
Aussies take strike for 9th straight win

Aussies take strike for 9th straight win

The Australians want it known that they have their house in order after a ragged tour start and are on track for their ninth consecutive Ashes Test series victory over England. Ricky Ponting's team has recovered from a calamitious lead-up, humiliated by A
Published 17 Jul, 2005 12:00am
Armstrong retains yellow

Armstrong retains yellow

Austria's Georg Totschnig of the Gerolsteiner team won the 14th stage of the Tour de France here on Saturday on the first day of three in the Pyrenees. American Lance Armstrong retained the race leader's yellow jersey he is aiming to win for a seventh con
Published 17 Jul, 2005 12:00am
State Bank of Pakistan conversion rates

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 17 Jul, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

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 17 Jul, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (July 16, 2005).

Published 17 Jul, 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 Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (July 16, 2005).
Published 17 Jul, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 18, 2005.

Published 17 Jul, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 18, 2005.

Published 17 Jul, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 18, 2005.

Published 17 Jul, 2005 12:00am
THE RUPEE: rates stable in interbank

THE RUPEE: rates stable in interbank

Firmer trend was seen in the inter-bank market on Saturday as the rupee held its overnight levels versus the dollar for buying and selling at 59.61 and 59.63, respectively. Easy supply of dollar helped the rupee to retain its steadier trend in the process
Published 17 Jul, 2005 12:00am
Five killed in Turkish explosion

Five killed in Turkish explosion

A powerful bomb blast destroyed a minibus in a Turkish seaside resort on Saturday, killing five people, among them an Irish and a British tourist and wounding 13, officials said. Police were investigating whether a suicide bomber or a parcel bomb caused t
Published 17 Jul, 2005 12:00am
US and Canada to hold talks over lumber row: official

US and Canada to hold talks over lumber row: official

The United States and Canada will hold talks in Washington next week in an attempt to resolve a long-standing row over lumber, a US trade official told Reuters on Friday. Senior government officials from both countries will meet in Washington on Monday, t
Published 17 Jul, 2005 12:00am
New entrants can avail Rs 8 billion COT financing from July 18

New entrants can avail Rs 8 billion COT financing from July 18

New entrants seeking carry-over trade (COT) financing can avail of up to Rs 8 billion on first-cum-first served basis effective from Monday, according to a decision taken by the Karachi Stock Exchange. As the data available in the Exchange indicates, inve
Published 17 Jul, 2005 12:00am
New entrants can avail Rs 8 billion COT financing from July 18

New entrants can avail Rs 8 billion COT financing from July 18

New entrants seeking carry-over trade (COT) financing can avail of up to Rs 8 billion on first-cum-first served basis effective from Monday, according to a decision taken by the Karachi Stock Exchange. As the data available in the Exchange indicates, inve
Published 17 Jul, 2005 12:00am
New entrants can avail Rs 8 billion COT financing from July 18

New entrants can avail Rs 8 billion COT financing from July 18

New entrants seeking carry-over trade (COT) financing can avail of up to Rs 8 billion on first-cum-first served basis effective from Monday, according to a decision taken by the Karachi Stock Exchange. As the data available in the Exchange indicates, inve
Published 17 Jul, 2005 12:00am
Funds shortage puts stock market in distress: Salman

Funds shortage puts stock market in distress: Salman

It is not Carry Over Transaction versus margin financing afflicting the capital market, instead it is a total funding availability issue. This has to be tackled on a comprehensive basis and in a systematic fashion, said the Advisor on Finance, Dr Salman S
Published 17 Jul, 2005 12:00am
Funds shortage puts stock market in distress: Salman

Funds shortage puts stock market in distress: Salman

It is not Carry Over Transaction versus margin financing afflicting the capital market, instead it is a total funding availability issue. This has to be tackled on a comprehensive basis and in a systematic fashion, said the Advisor on Finance, Dr Salman S
Published 17 Jul, 2005 12:00am
Funds shortage puts stock market in distress: Salman

Funds shortage puts stock market in distress: Salman

It is not Carry Over Transaction versus margin financing afflicting the capital market, instead it is a total funding availability issue. This has to be tackled on a comprehensive basis and in a systematic fashion, said the Advisor on Finance, Dr Salman S
Published 17 Jul, 2005 12:00am
Talks with India on nuclear CBMs from August 5

Talks with India on nuclear CBMs from August 5

India and Pakistan will hold the next round of expert-level talks on nuclear Confidence-Building Measures (CBMs) here on August 5 and 6, official sources said on Saturday. This will be followed by a meeting on conventional CBMs on August 8, PTI quoted the
Published 17 Jul, 2005 12:00am
Talks with India on nuclear CBMs from August 5

Talks with India on nuclear CBMs from August 5

India and Pakistan will hold the next round of expert-level talks on nuclear Confidence-Building Measures (CBMs) here on August 5 and 6, official sources said on Saturday. This will be followed by a meeting on conventional CBMs on August 8, PTI quoted the
Published 17 Jul, 2005 12:00am
Withholding tax on cash withdrawals clarified

Withholding tax on cash withdrawals clarified

The Central Board of Revenue (CBR) will charge 0.1 percent withholding tax on cash withdrawn through ATM abroad against credit cards issued in Pakistan. But, withholding tax is not levied on cash withdrawals through ATM in Pakistan against credit cards is
Published 17 Jul, 2005 12:00am
Withholding tax on cash withdrawals clarified

Withholding tax on cash withdrawals clarified

The Central Board of Revenue (CBR) will charge 0.1 percent withholding tax on cash withdrawn through ATM abroad against credit cards issued in Pakistan. But, withholding tax is not levied on cash withdrawals through ATM in Pakistan against credit cards is
Published 17 Jul, 2005 12:00am
Withholding tax on cash withdrawals clarified

Withholding tax on cash withdrawals clarified

The Central Board of Revenue (CBR) will charge 0.1 percent withholding tax on cash withdrawn through ATM abroad against credit cards issued in Pakistan. But, withholding tax is not levied on cash withdrawals through ATM in Pakistan against credit cards is
Published 17 Jul, 2005 12:00am
World Bank to finance Discos'' project preparation facility

World Bank to finance Discos'' project preparation facility

The World Bank (WB) has agreed to finance Project Preparation Facility (PPF) for power distribution companies (Discos) with the condition that they have to make procurement in accordance with the Bank''s guidelines, sources in Finance Ministry told Bus
Published 17 Jul, 2005 12:00am
World Bank to finance Discos' project preparation facility

World Bank to finance Discos' project preparation facility

The World Bank (WB) has agreed to finance Project Preparation Facility (PPF) for power distribution companies (Discos) with the condition that they have to make procurement in accordance with the Bank's guidelines, sources in Finance Ministry told Busi
Published 17 Jul, 2005 12:00am
World Bank to finance Discos' project preparation facility

World Bank to finance Discos' project preparation facility

The World Bank (WB) has agreed to finance Project Preparation Facility (PPF) for power distribution companies (Discos) with the condition that they have to make procurement in accordance with the Bank's guidelines, sources in Finance Ministry told Busi
Published 17 Jul, 2005 12:00am
Remittances touched $4.169 billion in last fiscal year: SBP

Remittances touched $4.169 billion in last fiscal year: SBP

Workers'' remittances during the last fiscal year touched 4.169 billion dollars as against 3.868 billion dollars in the corresponding period last year. The State Bank of Pakistan (SBP) said on Saturday that Pakistan received 4.169 billion dollars as worke
Published 17 Jul, 2005 12:00am
Remittances touched $4.169 billion in last fiscal year: SBP

Remittances touched $4.169 billion in last fiscal year: SBP

Workers' remittances during the last fiscal year touched 4.169 billion dollars as against 3.868 billion dollars in the corresponding period last year. The State Bank of Pakistan (SBP) said on Saturday that Pakistan received 4.169 billion dollars as worker
Published 17 Jul, 2005 12:00am
Remittances touched $4.169 billion in last fiscal year: SBP

Remittances touched $4.169 billion in last fiscal year: SBP

Workers' remittances during the last fiscal year touched 4.169 billion dollars as against 3.868 billion dollars in the corresponding period last year. The State Bank of Pakistan (SBP) said on Saturday that Pakistan received 4.169 billion dollars as worker
Published 17 Jul, 2005 12:00am
Banks to accept tax payments without NTN/CNIC

Banks to accept tax payments without NTN/CNIC

To facilitate the business community in depositing tax without hassle, the Central Board of Revenue (CBR) has asked the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to accept tax payments without National Tax Number (NTN) or Computeris
Published 17 Jul, 2005 12:00am
Banks to accept tax payments without NTN/CNIC

Banks to accept tax payments without NTN/CNIC

To facilitate the business community in depositing tax without hassle, the Central Board of Revenue (CBR) has asked the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to accept tax payments without National Tax Number (NTN) or Computeris
Published 17 Jul, 2005 12:00am
Banks to accept tax payments without NTN/CNIC

Banks to accept tax payments without NTN/CNIC

To facilitate the business community in depositing tax without hassle, the Central Board of Revenue (CBR) has asked the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to accept tax payments without National Tax Number (NTN) or Computeris
Published 17 Jul, 2005 12:00am
Bank Alfalah open squash tournament to commence from July 22

Bank Alfalah open squash tournament to commence from July 22

Bank Alfalah Pakistan Open Squash Tournament will commence on July 22, 2005; where top ranking players from across the world will participate in one of the most prestigious tournament on the circuit. This is the fourth consecutive year that Bank Alfalah i
Published 17 Jul, 2005 12:00am
Karachi traffic police drive against delinquents from July 23

Karachi traffic police drive against delinquents from July 23

The Karachi Traffic Police will carry out a campaign from next Saturday (July 23) against under-age motorcyclists and those without a valid driving license. It has been decided to detain motorcycles in case of the two violations.
Published 17 Jul, 2005 12:00am
EU seeks Pakistan help for peaceful Afghan polls

EU seeks Pakistan help for peaceful Afghan polls

The European Union is putting pressure on Pakistan to help curb militant violence in Afghanistan ahead of parliamentary polls in September, EU lawmakers said on Saturday.
Published 17 Jul, 2005 12:00am
Indonesia, Aceh rebels tentatively agree to make peace

Indonesia, Aceh rebels tentatively agree to make peace

Representatives for the Indonesian government and Aceh rebels agreed to a tentative peace deal in Helsinki late Saturday, boosting hopes that their 30-year conflict could soon be over, rebels said.
Published 17 Jul, 2005 12:00am
25 killed in occupied Kashmir

25 killed in occupied Kashmir

Indian occupation troops on Saturday shot dead 21 freedom fighters in Indian occupied Kashmir, while two occupation soldiers and two civilians were killed as the hunt continued for freedom fighters.
Published 17 Jul, 2005 12:00am
Dadu and Thatta Sugar Mills' cases decided

Dadu and Thatta Sugar Mills' cases decided

The Cabinet Committee, headed by Senior Provincial Minister Sardar Ahmed has examined matters related to Dadu and Thatta Sugar Mills and sent its report to Sindh Privatisation Committee. The Committee comprised Provincial Industries Minister Mohammed Adil
Published 17 Jul, 2005 12:00am
SBP revises format for weekly statement of position

SBP revises format for weekly statement of position

The State Bank of Pakistan (SBP) has decided to revise format of the weekly Statement of Position with a view to re-organise data reporting to the SBP and to remove data redundancies to lessen reporting burden of banks/DFIs.
Published 17 Jul, 2005 12:00am
Tribesmen vent anger over US counter-attack

Tribesmen vent anger over US counter-attack

Thousands of tribesmen shouted anti-US slogans on Saturday as they buried three of 24 suspected militants killed inside Pakistan by US forces operating out of Afghanistan. Mourners chanted "Down with infidel America" and "Long Live Islam" at the funeral h
Published 17 Jul, 2005 12:00am
Banks to receive Haj applications from July 20

Banks to receive Haj applications from July 20

All arrangements to receive Haj applications from the intending pilgrims were reviewed at a meeting of the bank officers, presided over by Secretary Religious Affairs, Wakeel Ahmed Khan here on Saturday. This was stated by Director Haj Lahore, Farogh Afta
Published 17 Jul, 2005 12:00am
Local government poll process starts in 54 districts

Local government poll process starts in 54 districts

Election process for Local Government Elections 2005 kicked off on Saturday with the issuance of notices inviting nominations from candidates in 3074 union councils of 54 districts. In the first phase of three-phase local government elections, the process
Published 17 Jul, 2005 12:00am
Local government poll process starts in 54 districts

Local government poll process starts in 54 districts

Election process for Local Government Elections 2005 kicked off on Saturday with the issuance of notices inviting nominations from candidates in 3074 union councils of 54 districts. In the first phase of three-phase local government elections, the process
Published 17 Jul, 2005 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 16, 2005).

Published 17 Jul, 2005 12:00am
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